FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Feb. 24, 2019

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of February 24, 2019:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	3.1	$	2.5	$	—	$	5.6
Equity securities	5.3		—		—		5.3
Deferred compensation assets	11.1		—		—		11.1
Total assets	$	19.5	$	2.5	$	—	$	22.0
Liabilities:
Derivative liabilities	$	—	$	2.7	$	—	$	2.7
Deferred compensation liabilities	68.9		—		—		68.9
Total liabilities	$	68.9	$	2.7	$	—	$	71.6

The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 27, 2018:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	1.7	$	2.7	$	—	$	4.4
Equity securities	4.8		—		—		4.8
Total assets	$	6.5	$	2.7	$	—	$	9.2
Liabilities:
Derivative liabilities	$	—	$	0.1	$	—	$	0.1
Deferred compensation liabilities	51.6		—		—		51.6
Total liabilities	$	51.6	$	0.1	$	—	$	51.7