SEGMENTS (Tables)

3 Months Ended

Aug. 27, 2017


	Thirteen Weeks Ended
	August 27,		August 28,
(in millions)	2017		2016
Net sales:
Global	$	413.9	$	399.2
Foodservice		279.4		260.2
Retail		92.0		89.6
Other		32.2		27.3
Total net sales		817.5		776.3
Product contribution margin (a):
Global		74.7		73.7
Foodservice		90.9		79.4
Retail		16.5		19.6
Other		11.2		3.2
Total product contribution margin		193.3		175.9
Equity method investment earnings		20.0		10.6
Total product contribution margin plus equity method investment earnings		213.3		186.5
Other selling, general and administrative expenses (a) (b)		55.7		50.9
Interest expense, net		25.2		1.5
Income tax expense		44.1		51.0
Net income		88.3		83.1
Less: Income attributable to noncontrolling interests		4.9		3.5
Net income attributable to Lamb Weston Holdings, Inc.	$	83.4	$	79.6

(a)

Product contribution margin is defined as net sales, less cost of sales and advertising and promotion expenses. Other selling, general and administrative expenses include all selling, general and administrative expenses other than advertising and promotions expenses.

(b)

The thirteen weeks ended August 27, 2017 and August 28, 2016, include $2.2 million and $9.7 million, respectively, of pre-tax expenses related to the Separation. In all periods, the expenses related primarily to professional fees and other employee-related costs.