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Combined and Consolidated Statements of Earnings - USD ($)
$ in Millions
3 Months Ended
Aug. 26, 2018
Aug. 27, 2017
Condensed Combined and Consolidated Statements of Earnings    
Net sales $ 914.9 $ 817.5
Net sales, type us-gaap:ProductMember us-gaap:ProductMember
Cost of sales $ 684.3 $ 621.2
Cost of sales, type us-gaap:ProductMember us-gaap:ProductMember
Gross profit $ 230.6 $ 196.3
Selling, general and administrative expenses 78.0 58.7
Income from operations 152.6 137.6
Interest expense, net 26.8 25.2
Income before income taxes and equity method earnings 125.8 112.4
Income tax expense 34.3 44.1
Equity method investment earnings 19.9 20.0
Net income 111.4 88.3
Less: Income attributable to noncontrolling interests 3.6 4.9
Net income attributable to Lamb Weston Holdings, Inc. $ 107.8 $ 83.4
Earnings per share    
Basic (in dollars per share) $ 0.73 $ 0.56
Diluted (in dollars per share) 0.73 0.56
Dividends declared per common share (in dollars per share) $ 0.19125 $ 0.18750