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PRE-TAX INCOME AND INCOME TAXES - Schedule of the Tax Effect of Temporary Differences and Carryforwards (Details) - USD ($)
$ in Millions
May 26, 2024
May 28, 2023
PRE-TAX INCOME AND INCOME TAXES    
Property, plant and equipment $ 305.5 $ 306.2
Inventory 20.8 20.1
Goodwill, trademarks and other intangible assets 436.2 437.3
Goodwill, trademarks and other intangible assets 842.7 941.1
Right-of-use assets 42.0 47.0
Accrued expenses 17.7 16.5
Compensation related liabilities 31.3 31.9
Lease liabilities 50.7 54.6
Other liabilities that will give rise to future tax deductions 67.4 59.6
Investment in unconsolidated subsidiaries 21.3 19.1
Pension and other postretirement benefits 28.5 23.7
Net capital and operating loss carryforwards 36.0 34.7
Research Expenditures 34.5 20.6
Federal credits 9.4 10.7
Other 30.1 34.9
Other 49.5 32.8
Deferred Tax Assets, Gross 734.1 720.9
Deferred Tax Liabilities, Gross 1,289.5 1,369.9
Less: Valuation allowance (457.2) (457.6)
Net deferred taxes 1,289.5 1,369.9
Net deferred taxes $ 276.9 $ 263.3