BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)

12 Months Ended

May 25, 2025

Segment Reporting [Abstract]

Schedule of segment reporting information

	2025
			Grocery & Snacks		Refrigerated & Frozen		International		Foodservice		Total
Net sales		$	4,899.3	$	4,662.3	$	956.5	$	1,094.7	$	11,612.8
Segment cost of goods sold1			3,431.4		3,606.4		700.7		885.4		8,623.9
Segment SG&A expenses2			450.9		404.2		111.9		78.3		1,045.3
Segment operating profit		$	1,017.0	$	651.7	$	143.9	$	131.0	$	1,943.6
General corporate expenses3											399.4
Other intangible asset impairment charges											72.1
Loss on divestitures											29.5
Other charges, net4											78.0
Operating profit										$	1,364.6
Pension and postretirement non-service income											25.9
Interest expense, net											416.7
Equity method investment earnings											182.4
Income before income taxes										$	1,156.2

	2024
			Grocery & Snacks		Refrigerated & Frozen		International		Foodservice		Total
Net sales		$	4,958.7	$	4,865.5	$	1,078.3	$	1,148.4	$	12,050.9
Segment cost of goods sold1			3,404.2		3,598.3		792.6		920.0		8,715.1
Segment SG&A expenses2			454.2		451.3		130.6		77.1		1,113.2
Segment operating profit		$	1,100.3	$	815.9	$	155.1	$	151.3	$	2,222.6
General corporate expenses3											322.2
Goodwill impairment charges											526.5
Other intangible asset impairment charges											430.2
Loss on divestitures											36.4
Other charges, net4											54.5
Operating profit										$	852.8
Pension and postretirement non-service income											10.3
Interest expense, net											430.5
Equity method investment earnings											177.6
Income before income taxes										$	610.2

	2023
			Grocery & Snacks		Refrigerated & Frozen		International		Foodservice		Total
Net sales		$	4,981.9	$	5,156.2	$	1,002.5	$	1,136.4	$	12,277.0
Segment cost of goods sold1			3,462.8		3,782.1		751.7		953.2		8,949.8
Segment SG&A expenses2			432.8		450.5		115.8		79.4		1,078.5
Segment operating profit		$	1,086.3	$	923.6	$	135.0	$	103.8	$	2,248.7
General corporate expenses3											388.9
Goodwill impairment charges											141.7
Other intangible asset impairment charges											589.2
Loss on divestitures											26.7
Other charges, net4											26.9
Operating profit										$	1,075.3
Pension and postretirement non-service income											24.2
Interest expense, net											409.6
Equity method investment earnings											212.0
Income before income taxes										$	901.9

¹ Segment cost of goods sold does not include items recorded in the Cost of goods sold line on our income statement that are presented in the Other charges, net line of this table.

² Segment SG&A expenses are regularly provided to the CODM as a percent of net sales. Segment SG&A expenses do not include items recorded in the Selling, general and administrative expenses line of our income statement that are presented in the Other charges, net line of this table.

³ General corporate expenses relate to certain costs that are shared across multiple segments but are not directly attributable, which include executive compensation, share-based payment expense, and costs associated with certain corporate functions.

⁴ Other charges include the following: net charges related to our restructuring plans, net gains and losses associated with fire-related costs and insurance proceeds, costs associated with a third-party vendor cybersecurity incident, and costs associated with a municipal water break.

	2025		2024		2023
Frozen	$	3,945.5	$	4,061.2	$	4,288.1
Staples
Other shelf-stable		2,790.8		2,834.1		2,851.9
Refrigerated		716.8		804.3		868.1
Snacks		2,108.5		2,124.6		2,130.0
International		956.5		1,078.3		1,002.5
Foodservice		1,094.7		1,148.4		1,136.4
Total net sales	$	11,612.8	$	12,050.9	$	12,277.0

	2025		2024		2023
Grocery & Snacks	$	153.5	$	149.2	$	135.7
Refrigerated & Frozen		163.1		176.2		161.8
International		14.2		16.8		14.8
Foodservice		45.1		44.5		43.7
Total Reporting Segments		375.9		386.7		356.0
Corporate		14.3		14.2		13.9
Total Company	$	390.2	$	400.9	$	369.9