XML 41 R31.htm IDEA: XBRL DOCUMENT v3.26.1
DERIVATIVE FINANCIAL INSTRUMENTS (Tables)
9 Months Ended
Feb. 22, 2026
DERIVATIVE FINANCIAL INSTRUMENTS  
Schedule of net derivative gains (losses) from economic hedges

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

Thirteen Weeks Ended

​

Thirty-Nine Weeks Ended

​

  ​ ​ ​

February 22, 2026

  ​ ​ ​

February 23, 2025

  ​ ​ ​

February 22, 2026

  ​ ​ ​

February 23, 2025

Gross derivative gains (losses) incurred

​

$

1.1

​

$

8.0

​

$

(1.4)

​

$

12.0

Less: Net derivative gains (losses) allocated to reporting segments

​

​

(1.6)

​

​

0.3

​

​

(0.5)

​

​

(5.3)

Net derivative gains (losses) recognized in general corporate expenses

​

$

2.7

​

$

7.7

​

$

(0.9)

​

$

17.3

Net derivative gains (losses) allocated to Grocery & Snacks

​

$

1.4

​

$

(1.3)

​

$

4.3

​

$

(5.4)

Net derivative losses allocated to Refrigerated & Frozen

​

​

(1.2)

​

​

(1.1)

​

​

(0.8)

​

​

(3.4)

Net derivative gains (losses) allocated to International

​

​

(1.9)

​

​

2.9

​

​

(4.3)

​

​

4.2

Net derivative gains (losses) allocated to Foodservice

​

​

0.1

​

​

(0.2)

​

​

0.3

​

​

(0.7)

Net derivative gains (losses) included in segment operating profit

​

$

(1.6)

​

$

0.3

​

$

(0.5)

​

$

(5.3)

Schedule of Derivatives Not Designated as Hedging Instruments

​

​

​

​

​

​

​

​

​

​

​

​

Location in Condensed Consolidated
Statements of Operations of Gains (Losses)

​

Gains (Losses) Recognized on
Derivatives in Condensed Consolidated
Statements of Operations for the
Thirteen Weeks Ended

Derivatives Not Designated as Hedging Instruments

  ​ ​ ​

Recognized on Derivatives

  ​ ​ ​

February 22, 2026

  ​ ​ ​

February 23, 2025

Commodity contracts

​

Cost of goods sold

​

$

7.8

​

$

6.4

Foreign exchange contracts

​

Cost of goods sold

​

​

(6.7)

​

​

1.6

Total gains from derivative instruments not designated as hedging instruments

​

​

​

$

1.1

​

$

8.0

​

​

​

​

​

​

​

​

​

​

​

​

Location in Condensed Consolidated
Statements of Operations of Gains (Losses)

​

Gains (Losses) Recognized on
Derivatives in Condensed Consolidated
Statements of Operations for the
Thirty-Nine Weeks Ended

Derivatives Not Designated as Hedging Instruments

  ​ ​ ​

Recognized on Derivatives

  ​ ​ ​

February 22, 2026

  ​ ​ ​

February 23, 2025

Commodity contracts

​

Cost of goods sold

​

$

5.6

​

$

2.0

Foreign exchange contracts

​

Cost of goods sold

​

​

(7.0)

​

​

10.0

Total gains (losses) from derivative instruments not designated as hedging instruments

​

​

​

$

(1.4)

​

$

12.0