INVESTMENTS IN JOINT VENTURES (Tables)

12 Months Ended

May 29, 2016

Equity Method Investments and Joint Ventures [Abstract]

Financial information for joint ventures

Summarized combined financial information for our equity method investments on a 100% basis is as follows:

	2016		2015
Net Sales:
Ardent Mills	$	3,395.3	$	3,299.2
Potato joint ventures	917.3		872.1
Others	167.2		167.3
Total net sales	$	4,479.8	$	4,338.6
Gross margin:
Ardent Mills	339.2		365.3
Potato joint ventures	167.0		171.7
Others	32.8		33.3
Total gross margin	539.0		570.3
Earnings after income taxes:
Ardent Mills	$	142.9	$	173.5
Potato joint ventures	101.3		99.8
Others	6.4		6.1
Total earnings after income taxes	$	250.6	$	279.4

	May 29, 2016		May 31, 2015
Ardent Mills:
Current assets	$	988.4	$	1,080.3
Noncurrent assets	1,695.3		1,692.5
Current liabilities	507.7		415.3
Noncurrent liabilities	545.0		649.5
Potato joint ventures:
Current assets	$	304.8	$	285.3
Noncurrent assets	294.8		193.0
Current liabilities	202.2		151.8
Noncurrent liabilities	81.7		47.1
Others:
Current assets	$	80.8	$	73.1
Noncurrent assets	10.5		10.8
Current liabilities	51.0		42.2
Noncurrent liabilities	—		—