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GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables)
12 Months Ended
May 26, 2024
GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS  
Schedule of change in carrying amount of goodwill

Grocery &

Refrigerated &

    

Snacks

    

Frozen

    

International

    

Foodservice

    

Total

Balance as of May 29, 2022

$

4,692.4

$

5,611.2

$

218.8

$

732.8

$

11,255.2

Currency translation

(4.1)

(4.1)

Impairment

(141.7)

(141.7)

Balance as of May 28, 2023

$

4,692.4

$

5,469.5

$

214.7

$

732.8

$

11,109.4

Currency translation

(0.2)

(0.2)

Impairment

(526.5)

(526.5)

Balance as of May 26, 2024

$

4,692.4

$

4,943.0

$

214.5

$

732.8

$

10,582.7

Schedule of other identifiable intangible assets

2024

    

2023

Gross Carrying

Accumulated

Gross Carrying

Accumulated

    

Amount

    

Amortization

    

Amount

    

Amortization

Non-amortizing intangible assets

Brands and trademarks

$

2,026.8

$

$

2,457.0

$

Amortizing intangible assets

Customer relationships and intellectual property

1,232.1

550.5

1,232.0

496.7

$

3,258.9

$

550.5

$

3,689.0

$

496.7

Schedule of future amortization expense

2025

$

53.5

2026

43.5

2027

43.3

2028

40.8

2029

39.6