RESTRUCTURING ACTIVITIES (Tables)

9 Months Ended

Feb. 24, 2019

Restructuring and Related Activities [Abstract]

Schedule of Pre-Tax Expenses in Association with the Restructuring Plan

We anticipate that we will recognize the following pre-tax expenses in association with the Pinnacle Integration Restructuring Plan (amounts include charges recognized from plan inception through the third quarter of fiscal 2019):

	International		Pinnacle Foods		Corporate		Total
Other cost of goods sold	$	—	$	4.9	$	—	$	4.9
Total cost of goods sold	—		4.9		—		4.9
Severance and related costs	0.7		0.6		118.5		119.8
Accelerated depreciation	—		—		1.9		1.9
Contract/lease termination	—		0.8		20.2		21.0
Consulting/professional fees	—		—		94.0		94.0
Other selling, general and administrative expenses	—		2.4		11.6		14.0
Total selling, general and administrative expenses	0.7		3.8		246.2		250.7
Consolidated total	$	0.7	$	8.7	$	246.2	$	255.6

During the third quarter of fiscal 2019, we recognized the following pre-tax expenses for the Pinnacle Integration Restructuring Plan:

	International		Pinnacle Foods		Corporate		Total
Other cost of goods sold	$	—	$	3.0	$	—	$	3.0
Total cost of goods sold	—		3.0		—		3.0
Severance and related costs	0.7		0.6		11.9		13.2
Accelerated depreciation	—		—		1.0		1.0
Contract/lease termination	—		0.8		—		0.8
Consulting/professional fees	—		—		15.1		15.1
Other selling, general and administrative expenses	—		2.4		1.4		3.8
Total selling, general and administrative expenses	0.7		3.8		29.4		33.9
Consolidated total	$	0.7	$	6.8	$	29.4	$	36.9

Included in the above results are $35.9 million of charges that have resulted or will result in cash outflows and $1.0 million in non-cash charges.

During the first three quarters of fiscal 2019, we recognized the following pre-tax expenses for the Pinnacle Integration Restructuring Plan:

	International		Pinnacle Foods		Corporate		Total
Other cost of goods sold	$	—	$	3.0	$	—	$	3.0
Total cost of goods sold	—		3.0		—		3.0
Severance and related costs	0.7		0.6		104.9		106.2
Accelerated depreciation	—		—		1.3		1.3
Contract/lease termination	—		0.8		—		0.8
Consulting/professional fees	—		—		24.2		24.2
Other selling, general and administrative expenses	—		2.4		1.6		4.0
Total selling, general and administrative expenses	0.7		3.8		132.0		136.5
Consolidated total	$	0.7	$	6.8	$	132.0	$	139.5

Schedule of Liabilities Recorded for the Restructuring Plan

Liabilities recorded for the Pinnacle Integration Restructuring Plan and changes therein for the first three quarters of fiscal 2019 were as follows:

	Balance at May 27, 2018		Costs Incurred and Charged to Expense		Costs Paid or Otherwise Settled			Changes in Estimates			Balance at February 24, 2019
Severance and related costs	$	—	$	109.2	$	(29.6	)	$	(3.0	)	$	76.6
Contract/lease termination	—		0.8		—			—			0.8
Consulting/professional fees	—		24.2		(4.6		)	—			19.6
Other costs	—		7.0		(6.6		)	—			0.4
Total	$	—	$	141.2	$	(40.8	)	$	(3.0	)	$	97.4