FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Nov. 23, 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 November 23, 2025:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	3.6	$	3.5	$	—	$	7.1
Deferred compensation assets		6.3		—		—		6.3
Available-for-sale debt securities		—		—		2.0		2.0
Total assets	$	9.9	$	3.5	$	2.0	$	15.4
Liabilities:
Derivative liabilities	$	—	$	1.7	$	—	$	1.7
Deferred compensation liabilities		79.7		—		—		79.7
Total liabilities	$	79.7	$	1.7	$	—	$	81.4

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