FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Feb. 26, 2017

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of February 26, 2017:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	1.5	$	0.6	$	—	$	2.1
Available-for-sale securities	3.7		—		—		3.7
Total assets	$	5.2	$	0.6	$	—	$	5.8
Liabilities:
Derivative liabilities	$	—	$	0.7	$	—	$	0.7
Deferred compensation liabilities	47.1		—		—		47.1
Total liabilities	$	47.1	$	0.7	$	—	$	47.8

The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 29, 2016:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	3.3	$	20.8	$	—	$	24.1
Available-for-sale securities	3.0		—		—		3.0
Total assets	$	6.3	$	20.8	$	—	$	27.1
Liabilities:
Derivative liabilities	$	—	$	0.6	$	—	$	0.6
Deferred compensation liabilities	40.0		—		—		40.0
Total liabilities	$	40.0	$	0.6	$	—	$	40.6