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Financial Instruments, Risk Management Activities, and Fair Values (Schedule of fair value measurement inputs) (Details) - USD ($)
$ in Millions
12 Months Ended
May 29, 2016
May 31, 2015
May 25, 2014
May 26, 2013
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value $ 40.7 $ 40.0    
Other Assets, Fair Value Disclosure 200.2 203.0    
Total Assets, Fair Value Disclosure 239.4 246.3    
Derivative Liability, Fair Value (38.9) (124.7)    
Other Liabilities, Fair Value Disclosure 0.0 0.0    
Total Liabilities, Fair Value Disclosure (44.4) (132.5)    
Book value of long-lived assets 3,743.6 3,783.3    
Proceeds from sale of long-lived assets 4.4 11.0 $ 6.6  
Non-cash impairment charge of indefinite-lived intangible assets 0.0 260.0    
Book value of indefinite-lived intangible assets 4,538.6 4,677.0 $ 5,014.3 $ 5,015.1
Long-Lived Assets [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 26.0 [1] 37.8 [2]    
Other Liabilities, Fair Value Disclosure 0.0 [1] 0.0 [2]    
Non-cash impairment charge of long-lived assets 11.4 30.3    
Book value of long-lived assets 28.2 68.1    
Indefinite-lived Intangible Asset [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure [3]   154.3    
Other Liabilities, Fair Value Disclosure [3]   0.0    
Green Giant [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Non-cash impairment charge of indefinite-lived intangible assets   260.0    
Green Giant [Member] | Indefinite-lived Intangible Asset [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure   154.3    
Non-cash impairment charge of long-lived assets   260.0    
Book value of indefinite-lived intangible assets   414.3    
Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 19.9 29.5    
Derivative Liability, Fair Value (15.2) (23.3)    
Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 19.3 13.8    
Derivative Liability, Fair Value (29.2) (109.2)    
Level 1 [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 8.4 8.3    
Total Assets, Fair Value Disclosure 11.0 15.5    
Other Liabilities, Fair Value Disclosure 0.0 0.0    
Total Liabilities, Fair Value Disclosure (0.6) 0.0    
Level 1 [Member] | Long-Lived Assets [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 0.0 [1] 0.0 [2]    
Other Liabilities, Fair Value Disclosure 0.0 [1] 0.0 [2]    
Level 1 [Member] | Indefinite-lived Intangible Asset [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure [3]   0.0    
Other Liabilities, Fair Value Disclosure [3]   0.0    
Level 1 [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 0.0    
Derivative Liability, Fair Value 0.0 0.0    
Level 1 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 2.6 7.2    
Derivative Liability, Fair Value (0.6) 0.0    
Level 2 [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 191.8 40.4    
Total Assets, Fair Value Disclosure 228.4 76.5    
Other Liabilities, Fair Value Disclosure 0.0 0.0    
Total Liabilities, Fair Value Disclosure (43.8) (132.5)    
Level 2 [Member] | Long-Lived Assets [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 26.0 [1] 37.8 [2]    
Other Liabilities, Fair Value Disclosure 0.0 [1] 0.0 [2]    
Level 2 [Member] | Indefinite-lived Intangible Asset [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure [3]   0.0    
Other Liabilities, Fair Value Disclosure [3]   0.0    
Level 2 [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 19.9 29.5    
Derivative Liability, Fair Value (15.2) (23.3)    
Level 2 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 16.7 6.6    
Derivative Liability, Fair Value (28.6) (109.2)    
Level 3 [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 0.0 154.3    
Total Assets, Fair Value Disclosure 0.0 154.3    
Other Liabilities, Fair Value Disclosure 0.0 0.0    
Total Liabilities, Fair Value Disclosure 0.0 0.0    
Level 3 [Member] | Long-Lived Assets [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 0.0 [1] 0.0 [2]    
Other Liabilities, Fair Value Disclosure 0.0 [1] 0.0 [2]    
Level 3 [Member] | Indefinite-lived Intangible Asset [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure [3]   154.3    
Other Liabilities, Fair Value Disclosure [3]   0.0    
Level 3 [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 0.0    
Derivative Liability, Fair Value 0.0 0.0    
Level 3 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 0.0    
Derivative Liability, Fair Value 0.0 0.0    
Marketable Investments [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 174.2 [4],[5] 10.9 [6],[7]    
Other Liabilities, Fair Value Disclosure 0.0 [4],[5] 0.0 [6],[7]    
Marketable Investments [Member] | Level 1 [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 8.4 [4],[5] 8.3 [6],[7]    
Other Liabilities, Fair Value Disclosure 0.0 [4],[5] 0.0 [6],[7]    
Marketable Investments [Member] | Level 2 [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 165.8 [4],[5] 2.6 [6],[7]    
Other Liabilities, Fair Value Disclosure 0.0 [4],[5] 0.0 [6],[7]    
Marketable Investments [Member] | Level 3 [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Other Assets, Fair Value Disclosure 0.0 [4],[5] 0.0 [6],[7]    
Other Liabilities, Fair Value Disclosure 0.0 [4],[5] 0.0 [6],[7]    
Interest Rate Contracts [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 8.5 4.0    
Derivative Liability, Fair Value (3.0) 0.0    
Interest Rate Contracts [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 7.7 [5],[8] 4.0 [7],[9]    
Derivative Liability, Fair Value (3.0) [5],[8] 0.0 [7],[9]    
Interest Rate Contracts [Member] | Level 1 [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 [5],[8] 0.0 [7],[9]    
Derivative Liability, Fair Value 0.0 [5],[8] 0.0 [7],[9]    
Interest Rate Contracts [Member] | Level 2 [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 7.7 [5],[8] 4.0 [7],[9]    
Derivative Liability, Fair Value (3.0) [5],[8] 0.0 [7],[9]    
Interest Rate Contracts [Member] | Level 3 [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 [5],[8] 0.0 [7],[9]    
Derivative Liability, Fair Value 0.0 [5],[8] 0.0 [7],[9]    
Foreign Exchange Contracts [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 25.4 25.9    
Derivative Liability, Fair Value (13.7) (65.3)    
Foreign Exchange Contracts [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 12.2 [10],[11] 25.5 [12],[13]    
Derivative Liability, Fair Value (12.2) [10],[11] (23.3) [12],[13]    
Foreign Exchange Contracts [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 13.2 [10],[11] 0.4 [12],[13]    
Derivative Liability, Fair Value (1.5) [10],[11] (42.0) [12],[13]    
Foreign Exchange Contracts [Member] | Level 1 [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 [10],[11] 0.0 [12],[13]    
Derivative Liability, Fair Value 0.0 [10],[11] 0.0 [12],[13]    
Foreign Exchange Contracts [Member] | Level 1 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 [10],[11] 0.0 [12],[13]    
Derivative Liability, Fair Value 0.0 [10],[11] 0.0 [12],[13]    
Foreign Exchange Contracts [Member] | Level 2 [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 12.2 [10],[11] 25.5 [12],[13]    
Derivative Liability, Fair Value (12.2) [10],[11] (23.3) [12],[13]    
Foreign Exchange Contracts [Member] | Level 2 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 13.2 [10],[11] 0.4 [12],[13]    
Derivative Liability, Fair Value (1.5) [10],[11] (42.0) [12],[13]    
Foreign Exchange Contracts [Member] | Level 3 [Member] | Designated as Hedging Instrument [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 [10],[11] 0.0 [12],[13]    
Derivative Liability, Fair Value 0.0 [10],[11] 0.0 [12],[13]    
Foreign Exchange Contracts [Member] | Level 3 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 [10],[11] 0.0 [12],[13]    
Derivative Liability, Fair Value 0.0 [10],[11] 0.0 [12],[13]    
Equity Contracts [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 2.4      
Derivative Liability, Fair Value 0.0      
Commodity Contracts [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 4.4 10.1    
Derivative Liability, Fair Value (22.2) (59.4)    
Commodity Contracts [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 4.3 [11],[14] 10.1 [13],[15]    
Derivative Liability, Fair Value (22.2) [11],[14] (59.4) [13],[15]    
Commodity Contracts [Member] | Level 1 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 2.6 [11],[14] 7.2 [13],[15]    
Derivative Liability, Fair Value (0.6) [11],[14] 0.0 [13],[15]    
Commodity Contracts [Member] | Level 2 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 1.7 [11],[14] 2.9 [13],[15]    
Derivative Liability, Fair Value (21.6) [11],[14] (59.4) [13],[15]    
Commodity Contracts [Member] | Level 3 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 [11],[14] 0.0 [13],[15]    
Derivative Liability, Fair Value 0.0 [11],[14] 0.0 [13],[15]    
Grain Contracts [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 1.8 [11],[14] 3.3 [13],[15]    
Derivative Liability, Fair Value (5.5) [11],[14] (7.8) [13],[15]    
Grain Contracts [Member] | Level 1 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 [11],[14] 0.0 [13],[15]    
Derivative Liability, Fair Value 0.0 [11],[14] 0.0 [13],[15]    
Grain Contracts [Member] | Level 2 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 1.8 [11],[14] 3.3 [13],[15]    
Derivative Liability, Fair Value (5.5) [11],[14] (7.8) [13],[15]    
Grain Contracts [Member] | Level 3 [Member] | Not Designated as Hedging [Member]        
Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]        
Derivative Asset, Fair Value 0.0 [11],[14] 0.0 [13],[15]    
Derivative Liability, Fair Value $ 0.0 [11],[14] $ 0.0 [13],[15]    
[1] We recorded $11.4 million in non-cash impairment charges in fiscal 2016 to write down certain long-lived assets to their fair value. Fair value was based on recently reported transactions for similar assets in the marketplace. These assets had a carrying value of $28.2 million and were associated with the restructuring actions described in Note 4.
[2] We recorded $30.3 million in non-cash impairment charges in fiscal 2015 to write down certain long-lived assets to their fair value. Fair value was based on recently reported transactions for similar assets in the marketplace. These assets had a carrying value of $68.1 million and were associated with the restructuring actions described in Note 4.
[3] We recorded a $260.0 million non-cash impairment charge in fiscal 2015 to write down our Green Giant brand asset to its fair value of $154.3 million. This asset had a carrying value of $414.3 million. See Note 6 for additional information.
[4] Based on prices of common stock and bond matrix pricing.
[5] These contracts and investments are recorded as prepaid expenses and other current assets, other assets, other current liabilities or other liabilities, as appropriate, based on whether in a gain or loss position. Certain marketable investments are recorded as cash and cash equivalents.
[6] Based on prices of common stock and bond matrix pricing.
[7] These contracts and investments are recorded as prepaid expenses and other current assets, other assets, other current liabilities or other liabilities, as appropriate, based on whether in a gain or loss position. Certain marketable investments are recorded as cash and cash equivalents.
[8] Based on LIBOR and swap rates.
[9] Based on LIBOR and swap rates.
[10] Based on observable market transactions of spot currency rates and forward currency prices.
[11] These contracts are recorded as prepaid expenses and other current assets or as other current liabilities, as appropriate, based on whether in a gain or loss position.
[12] Based on observable market transactions of spot currency rates and forward currency prices.
[13] These contracts are recorded as prepaid expenses and other cu rrent assets or as other current liabilities, as appropriate, based on whether in a gain or loss position.
[14] Based on prices of futures exchanges and rece ntly reported transactions in the marketplace.
[15] Based on prices of futures exchanges and recentl y reported transactions in the marketplace.