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Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
May 31, 2020
May 26, 2019
May 27, 2018
Consolidated Statements of Earnings      
Net sales $ 3,792.4 $ 3,756.5 $ 3,423.7
Cost of sales 2,897.2 2,753.0 2,544.2
Gross profit 895.2 1,003.5 879.5
Selling, general and administrative expenses 338.3 335.1 299.4
Income from operations 556.9 668.4 580.1
Interest expense, net 108.0 107.1 108.8
Income before income taxes and equity method earnings 448.9 561.3 471.3
Income tax expense 112.3 133.6 121.2
Equity method investment earnings 29.3 59.5 83.6
Net income 365.9 487.2 433.7
Less: Income attributable to noncontrolling interests   8.6 16.9
Net income attributable to Lamb Weston Holdings, Inc. $ 365.9 $ 478.6 $ 416.8
Earnings per share      
Basic (in dollars per share) $ 2.50 $ 3.19 $ 2.83
Diluted (in dollars per share) $ 2.49 $ 3.18 $ 2.82