FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Aug. 24, 2025

FAIR VALUE MEASUREMENTS

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 August 24, 2025:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	3.8	$	2.2	$	—	$	6.0
Deferred compensation assets		6.3		—		—		6.3
Available-for-sale debt securities		—		—		2.0		2.0
Total assets	$	10.1	$	2.2	$	2.0	$	14.3
Liabilities:
Derivative liabilities	$	—	$	3.1	$	—	$	3.1
Deferred compensation liabilities		77.9		—		—		77.9
Total liabilities	$	77.9	$	3.1	$	—	$	81.0

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 25, 2025:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	4.7	$	—	$	—	$	4.7
Deferred compensation assets		6.0		—		—		6.0
Available-for-sale debt securities		—		—		2.2		2.2
Total assets	$	10.7	$	—	$	2.2	$	12.9
Liabilities:
Derivative liabilities	$	—	$	5.1	$	—	$	5.1
Deferred compensation liabilities		70.9		—		—		70.9
Total liabilities	$	70.9	$	5.1	$	—	$	76.0