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SHARE REPURCHASES
 6 Months Ended
Nov. 27, 2016
Shares Repurchases [Abstract]  
Share Repurchases

(12) Share Repurchases

Share repurchases were as follows:

Quarter EndedSix-MonthPeriod Ended
In MillionsNov. 27, 2016Nov. 29, 2015Nov. 27, 2016Nov. 29, 2015
Shares of common stock14.96.820.59.5
Aggregate purchase price$950.2$385.2$1,349.9$537.3

During the second quarter of fiscal 2016, we entered into an accelerated share repurchase (ASR) agreement with an unrelated third party financial institution to repurchase an aggregate of $225.0 million of our outstanding common stock. Under the ASR agreement, we paid $225.0 million to the financial institution and received 3.7 million shares of common stock with a fair value of $213.3 million during the second quarter of fiscal 2016. We recorded an additional 0.2 million shares of common stock upon the completion of the ASR agreement in the third quarter of fiscal 2016. We recorded this transaction as an increase in treasury stock of $213.3 million, and recorded the remaining $11.7 million as a decrease to additional paid-in capital on our Consolidated Balance Sheets as of November 29, 2015. Upon completion of the ASR agreement, we reclassified the $11.7 million to treasury stock from additional paid-in capital on our Consolidated Balance Sheets.