Restructuring, Impairment, and Other Exist Costs (Tables)

12 Months Ended

May 26, 2013

RESTRUCTURING, IMPAIRMENT, AND OTHER EXIT COSTS [Abstract]

Restructuring, Impairment, and Other Exit Costs [Table Text Block]

In fiscal 2013, we recorded restructuring, impairment, and other exit costs pursuant to approved plans as follows:

Expense, in Millions
Charges associated with restructuring actions previously announced	$	19.8
Total	$	19.8

In fiscal 2012, we recorded restructuring, impairment, and other exit costs pursuant to approved plans as follows:

Expense, in Millions
Discontinuation of fruit-flavored snack product line	$	100.6
Charges associated with restructuring actions previously announced		1.0
Total	$	101.6

In fiscal 2011, we recorded restructuring, impairment, and other exit costs pursuant to approved plans as follows:

Expense, in Millions
Discontinuation of fruit-flavored snack product line	$	1.7
Charges associated with restructuring actions previously announced		2.7
Total	$	4.4

Restructuring and Other Exit Costs Reserve Rollforward [Table Text Block]

In Millions		Severance		Contract Termination		Other Exit Costs		Total
Reserve balance as of May 30, 2010	$	2.6	$	8.1	$	0.1	$	10.8
2011 charges, including foreign currency translation		-		-		-		-
Utilized in 2011		(0.9)		(2.6)		(0.1)		(3.6)
Reserve balance as of May 29, 2011		1.7		5.5		-		7.2
2012 charges, including foreign currency translation		82.4		-		-		82.4
Utilized in 2012		(1.0)		(2.8)		0.1		(3.7)
Reserve balance as of May 27, 2012		83.1		2.7		0.1		85.9
2013 charges, including foreign currency translation		10.6		-		-		10.6
Utilized in 2013		(74.2)		(2.7)		(0.1)		(77.0)
Reserve balance as of May 26, 2013	$	19.5	$	-	$	-	$	19.5

- Definition

Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost.

+ References+ Details

- Definition

Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period.

+ References+ Details