XML 103 R85.htm IDEA: XBRL DOCUMENT v3.25.2
PRE-TAX INCOME AND INCOME TAXES - Schedule of the Tax Effect of Temporary Differences and Carryforwards (Details) - USD ($)
$ in Millions
May 25, 2025
May 26, 2024
Income Tax Disclosure [Abstract]    
Property, plant and equipment $ 275.1 $ 305.5
Inventory 14.2 20.8
Goodwill, trademarks and other intangible assets 378.0 436.2
Goodwill, trademarks and other intangible assets 842.8 842.7
Right-of-use assets 51.1 42.0
Accrued expenses 19.1 17.7
Compensation related liabilities 29.7 31.3
Pension and other postretirement benefits 49.0 28.5
Investment in unconsolidated subsidiaries 28.6 21.3
Lease liabilities 59.4 50.7
Other liabilities that will give rise to future tax deductions 65.2 67.4
Net capital and operating loss carryforwards 29.0 36.0
Research Expenditures 45.1 34.5
Federal credits 23.8 9.4
Other 28.7 30.1
Other 33.4 49.5
Deferred Tax Assets, Gross 692.2 734.1
Deferred Tax Liabilities, Gross 1,280.0 1,289.5
Less: Valuation allowance (209.4) (457.2)
Net deferred taxes 1,280.0 1,289.5
Net deferred taxes $ 482.8 $ 276.9