DERIVATIVE FINANCIAL INSTRUMENTS (Tables)

3 Months Ended

Aug. 24, 2025

DERIVATIVE FINANCIAL INSTRUMENTS

Schedule of net derivative gains (losses) from economic hedges

	Thirteen Weeks Ended
	August 24, 2025		August 25, 2024
Gross derivative losses incurred	$	(0.6)	$	(3.7)
Less: Net derivative gains (losses) allocated to reporting segments		1.6		(2.4)
Net derivative losses recognized in general corporate expenses	$	(2.2)	$	(1.3)
Net derivative gains (losses) allocated to Grocery & Snacks	$	1.4	$	(1.5)
Net derivative gains (losses) allocated to Refrigerated & Frozen		0.8		(0.8)
Net derivative losses allocated to International		(0.7)		—
Net derivative gains (losses) allocated to Foodservice		0.1		(0.1)
Net derivative gains (losses) included in segment operating profit	$	1.6	$	(2.4)

Schedule of Derivatives Not Designated as Hedging Instruments

	Location in Condensed Consolidated Statements of Earnings of Gains (Losses)	Gains (Losses) Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Thirteen Weeks Ended
Derivatives Not Designated as Hedging Instruments	Recognized on Derivatives	August 24, 2025		August 25, 2024
Commodity contracts	Cost of goods sold	$	0.6	$	(6.9)
Foreign exchange contracts	Cost of goods sold		(1.2)		3.2
Total losses from derivative instruments not designated as hedging instruments		$	(0.6)	$	(3.7)