INVESTMENTS IN JOINT VENTURES (Tables)

12 Months Ended

May 26, 2024

INVESTMENTS IN JOINT VENTURES

Schedule of equity method investments

	2024		2023		2022
Net sales:
Ardent Mills	$	4,597.9	$	5,239.9	$	4,258.5
Other		361.4		283.3		253.2
Total net sales	$	4,959.3	$	5,523.2	$	4,511.7
Gross margin:
Ardent Mills	$	642.0	$	745.4	$	516.5
Other		87.1		59.4		54.8
Total gross margin	$	729.1	$	804.8	$	571.3
Earnings after income taxes:
Ardent Mills	$	361.5	$	453.2	$	306.2
Other		37.4		22.3		21.1
Total earnings after income taxes	$	398.9	$	475.5	$	327.3

	May 26, 2024		May 28, 2023
Ardent Mills:
Current assets	$	1,430.0	$	1,716.8
Noncurrent assets		1,862.9		1,840.5
Current liabilities		668.5		750.3
Noncurrent liabilities		569.0		556.9
Other:
Current assets	$	157.2	$	131.4
Noncurrent assets		48.9		42.6
Current liabilities		57.1		46.7
Noncurrent liabilities		3.2		9.0