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Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Nov. 26, 2023
Nov. 27, 2022
Nov. 26, 2023
Nov. 27, 2022
Consolidated Statements of Earnings        
Net sales $ 1,732.1 $ 1,276.5 $ 3,397.4 $ 2,402.1
Net sales, type us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Cost of sales $ 1,256.5 $ 894.9 $ 2,422.3 $ 1,747.2
Cost of sales, type us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember us-gaap:ProductMember
Gross profit $ 475.6 $ 381.6 $ 975.1 $ 654.9
Selling, general and administrative expenses 170.0 109.8 346.2 226.1
Income from operations 305.6 271.8 628.9 428.8
Interest expense, net 29.1 24.6 59.8 50.6
Income before income taxes and equity method earnings 276.5 247.2 569.1 378.2
Income tax expense 66.2 36.8 136.1 110.5
Equity method investment earnings (loss) 4.7 (107.3) 16.8 67.3
Net income $ 215.0 $ 103.1 $ 449.8 $ 335.0
Earnings per share:        
Basic (in dollars per share) $ 1.48 $ 0.72 $ 3.10 $ 2.33
Diluted (in dollars per share) $ 1.48 $ 0.71 $ 3.08 $ 2.32
Weighted average common shares outstanding:        
Basic (in shares) 144.9 144.0 145.3 144.0
Diluted (in shares) 145.5 144.6 146.0 144.6