ACCRUED LIABILITIES (Tables)

6 Months Ended

Nov. 24, 2019

ACCRUED LIABILITIES.

Schedule of components of accrued liabilities

	November 24,		May 26,
	2019		2019
Compensation and benefits	$	68.3	$	92.4
Accrued trade promotions		54.3		48.6
Dividends payable		29.2		29.2
Current portion of operating lease liabilities (a)		23.5		—
Franchise, property, and sales and use taxes		8.7		8.6
Accrued interest		6.7		7.6
Income taxes payable		2.0		0.5
Other		24.7		30.3
Accrued liabilities	$	217.4	$	217.2

(a) Effective May 27, 2019, we adopted ASC 842, using the modified retrospective transition method and as a result we did not recast our prior period financial statements. See Note 1, Nature of Operations and Summary of Significant Accounting Policies, for more information.