GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables)

3 Months Ended

Aug. 24, 2025

GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS

Schedule of change in carrying amount of goodwill

	Grocery & Snacks		Refrigerated & Frozen 1		International		Foodservice		Total
Balance as of May 25, 2025	$	4,663.1	$	4,916.6	$	202.1	$	720.1	$	10,501.9
Currency translation		—		—		(0.3)		—		(0.3)
Balance as of August 24, 2025	$	4,663.1	$	4,916.6	$	201.8	$	720.1	$	10,501.6

¹ The carrying amounts of goodwill within the Refrigerated & Frozen segment as of both August 24, 2025 and May 25, 2025 were net of accumulated impairment losses of $668.2 million. See Note 9, “Goodwill and Other Identifiable Intangible Assets”, to the financial statements contained in our Annual Report on Form 10-K for the fiscal year ended May 25, 2025 for further information.

Schedule of other identifiable intangible assets

	August 24, 2025				May 25, 2025
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
Non-amortizing intangible assets
Brands and trademarks	$	1,800.5	$	—	$	1,800.5	$	—
Amortizing intangible assets
Customer relationships and intellectual property		1,215.6		605.9		1,215.9		595.3
	$	3,016.1	$	605.9	$	3,016.4	$	595.3