XML 39 R56.htm IDEA: XBRL DOCUMENT v2.4.0.8
DERIVATIVE FINANCIAL INSTRUMENTS (Narrative) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Aug. 24, 2014
Aug. 25, 2013
May 25, 2014
Derivative Financial Instruments [Line Items]      
Derivative asset prior to offsetting to total derivative $ 0.4   $ 13.0
Derivative liability prior to offsetting to total derivative 17.6   6.8
Hedge for Anticipated Consumption of Commodity Inputs, Period 36 months    
Unrealized derivative adjustments 0 45.5  
Amounts representing a right to reclaim cash collateral included in prepaid expenses and other current assets     6.2
Change in Unrealized Gain (Loss) on Hedged Item in Fair Value Hedge (2.5)    
Reduction of net interest expense due to impact of interest rate swap contracts 0.3    
Maximum amount of loss due to the credit risk of the counterparties 18.7    
Derivative Liability, Collateral, Right to Reclaim Cash, Offset 18.0    
Open Commodity Purchase Contracts
     
Derivative Financial Instruments [Line Items]      
Notional value of open commodity contracts 1,100.0   1,400.0
Open commodity sales contracts
     
Derivative Financial Instruments [Line Items]      
Notional value of open commodity contracts 1,100.0   1,400.0
2014 Interest Rate Swap
     
Derivative Financial Instruments [Line Items]      
Reduction of net interest expense due to impact of interest rate swap contracts 2.6    
Foreign exchange contracts
     
Derivative Financial Instruments [Line Items]      
Notional value of open commodity contracts 113.5   170.1
2043 Maturity | Cash Flow Hedging
     
Derivative Financial Instruments [Line Items]      
Unrealized derivative adjustments   4.2  
Unamortized amount of debt instruments being hedged 3.0    
2023 Maturity | Cash Flow Hedging
     
Derivative Financial Instruments [Line Items]      
Unrealized derivative adjustments   (2.0)  
Unamortized amount of debt instruments being hedged (1.4)    
Selling, general and administrative expense | Interest rate contracts
     
Derivative Financial Instruments [Line Items]      
Change in Unrealized Gain (Loss) on Fair Value Hedging Instruments $ 2.2