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LEASES (Tables)
12 Months Ended
May 25, 2025
Lessee Disclosure [Abstract]  
Schedule of Operating and Finance Leases Reported In Balance Sheet

Operating Leases

    

Balance Sheet Location

    

May 25, 2025

    

May 26, 2024

ROU assets, net

Other assets

$

209.7

$

171.3

Lease liabilities (current)

Other accrued liabilities

39.7

36.7

Lease liabilities (noncurrent)

Other noncurrent liabilities

203.3

169.3

Finance Leases

    

Balance Sheet Location

    

May 25, 2025

    

May 26, 2024

ROU assets, at cost

Property, plant and equipment

$

364.9

$

377.0

Less accumulated depreciation

Less accumulated depreciation

(98.3)

(97.5)

ROU assets, net

Property, plant and equipment, net

266.6

279.5

Lease liabilities (current)

Current installments of long-term debt

29.4

20.2

Lease liabilities (noncurrent)

Senior long-term debt, excluding current installments

237.8

253.5

The components of total lease cost were as follows:

    

2025

    

2024

    

2023

Operating lease cost

$

47.6

$

53.1

$

55.3

Finance lease cost

Depreciation of leased assets

23.4

23.2

16.8

Interest on lease liabilities

13.7

12.0

5.3

Short-term lease cost

7.9

11.2

11.0

Total lease cost

$

92.6

$

99.5

$

88.4

Schedule Of Weighted Average Remaining Lease Terms and Weighted Average Discount Rate For Leases

Operating Leases

Finance Leases

    

2025

    

2024

    

2025

    

2024

Weighted-average remaining lease term (in years)

6.8

6.5

13.8

14.8

Weighted-average discount rate

4.15%

3.87%

5.26%

5.25%

Schedule of Cash Flows Arising From Lease Transactions

    

2025

    

2024

    

2023

Cash paid for amounts included in the measurement of lease liabilities:

Operating cash outflows from operating leases

$

51.0

$

52.1

$

57.7

Operating cash outflows from finance leases

13.7

5.8

5.3

Financing cash outflows from finance leases

31.3

22.7

25.0

ROU assets obtained in exchange for new lease liabilities:

Operating leases

77.3

27.5

34.2

Finance leases

24.0

177.3

7.8

Schedule of Operating and Finance Lease Liabilities Maturities

    

Operating Leases

    

Finance Leases

    

Total

2026

$

50.3

$

42.3

$

92.6

2027

43.4

26.3

69.7

2028

41.1

25.7

66.8

2029

32.3

25.3

57.6

2030

26.4

26.7

53.1

Later years

85.9

237.5

323.4

Total lease payments

279.4

383.8

663.2

Less: Imputed interest

(36.4)

(116.6)

(153.0)

Total lease liabilities

$

243.0

$

267.2

$

510.2