GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables)

3 Months Ended

Aug. 26, 2018

GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS

Schedule of changes in the carrying amount of goodwill

Changes in the carrying amount of goodwill as allocated to each segment were as follows (dollars in millions):

	Global		Foodservice		Retail		Other		Total
Balance at May 27, 2018	$	76.9	$	42.8	$	10.9	$	4.5	$	135.1
Foreign currency translation adjustment		(1.8)		—		—		—		(1.8)
Balance at August 26, 2018	$	75.1	$	42.8	$	10.9	$	4.5	$	133.3

Schedule of other identifiable intangible assets

Other identifiable intangible assets were as follows (dollars in millions):

	August 26, 2018					May 27, 2018
	Weighted					Weighted
	Average	Gross				Average	Gross
	Useful Life	Carrying		Accumulated		Useful Life	Carrying		Accumulated
	(in years)	Amount		Amortization		(in years)	Amount		Amortization
Non-amortizing intangible assets (a)	n/a	$	18.0	$	—	n/a	$	18.0	$	—
Amortizing intangible assets (b)	14		34.9		18.1	14		35.2		17.8
		$	52.9	$	18.1		$	53.2	$	17.8

(a) Non-amortizing intangible assets are comprised of brands and trademarks.

Amortizing intangible assets are principally composed of customer relationships, licensing arrangements, and intellectual property. During the thirteen weeks ended August 26, 2018 and August 27, 2017, amortization expense was $0.6 million and $0.5 million, respectively. Foreign intangible assets are affected by foreign currency translation.