EMPLOYEE BENEFIT PLANS AND OTHER POST-RETIREMENT BENEFITS (Tables)

3 Months Ended

Aug. 26, 2018

EMPLOYEE BENEFIT PLANS AND OTHER POST-RETIREMENT BENEFITS

Schedule of components of net periodic benefit cost for our pension and postretirement benefit plans

The components of net periodic benefit cost were as follows (dollars in millions):

	Pension Plans				Post-Retirement Plan
	Thirteen Weeks Ended				Thirteen Weeks Ended
	August 26,		August 27,		August 26,		August 27,
	2018		2017		2018		2017
Service cost	$	2.1	$	1.9	$	—	$	—
Interest cost		0.2		0.1		0.1		—
Expected return on plan assets		(0.2)		(0.1)		—		—
Net amortization of unrecognized amounts
Actuarial loss		—		—		0.2		—
Net periodic benefit cost (a)	$	2.1	$	1.9	$	0.3	$	—

(a) Service costs are reflected in “Cost of sales” in the Consolidated Statements of Earnings. Interest costs and expected return on plan assets are reflected in “Selling, general and administrative expenses” in the Consolidated Statements of Earnings.

Schedule of Pension costs incurred included in the Condensed Combined and Consolidated statements of earnings

Pension costs recognized in the Consolidated Statements of Earnings were as follows (dollars in millions):

	Pension Plans				Post-Retirement Plan
	Thirteen Weeks Ended				Thirteen Weeks Ended
	August 26,		August 27,		August 26,		August 27,
	2018		2017		2018		2017
Cost of sales (a)	$	2.1	$	1.9	$	—	$	—
Selling, general and administrative expenses (a)		—		—		0.1		—
Total	$	2.1	$	1.9	$	0.1	$	—

(a) Pension service costs are allocated to operations as reflected in cost of sales above. Expected returns on pension assets and interest costs are reflected in “Selling, general and administrative expenses” in the Consolidated Statements of Earnings.