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ACQUISITIONS (Tables)
9 Months Ended
Feb. 24, 2013
Business Combinations [Abstract]  
Summary of the initial estimated fair values of the assets acquired and liabilities assumed at the ascquisition date
The fair values of the assets and liabilities related to Ralcorp are subject to refinement as we complete our analyses relative to the fair values at the date of acquisition.
 
January 29,
2013
Assets acquired:
 
Cash and cash equivalents
$
321.8

Other current assets
899.0

Property, plant and equipment
1,028.2

Goodwill
4,264.5

Brands, trademarks and other intangibles
2,188.3

Other assets
27.7

Total assets acquired
$
8,729.5

Liabilities assumed:
 
Current liabilities
$
601.7

Noncurrent liabilities
3,056.9

Total liabilities assumed
$
3,658.6

Net assets acquired
$
5,070.9

Pro Forma Results
These pro forma results may not necessarily reflect the actual results of operations that would have been achieved, nor are they necessarily indicative of future results of operations.
 
 
Thirteen weeks ended
 
Thirty-nine weeks ended
 
February 24,
2013
 
February 26,
2012
 
February 24,
2013
 
February 26,
2012
Pro forma net sales
$
4,538.8

 
$
4,641.0

 
$
13,812.5

 
$
13,776.4

Pro forma net income from continuing operations
$
178.9

 
$
322.0

 
$
649.8

 
$
676.7

Pro forma net income from continuing operations per share—basic
$
0.44

 
$
0.78

 
$
1.59

 
$
1.64

Pro forma net income from continuing operations per share—diluted
$
0.43

 
$
0.77

 
$
1.57

 
$
1.61