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CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Feb. 23, 2020
Feb. 24, 2019
Cash Flows - Operating Activities    
Net earnings, including earnings attributable to redeemable and noncontrolling interests $ 1,583.8 $ 1,205.0
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 456.4 464.6
After-tax earnings from joint ventures (57.5) (52.0)
Distributions of earnings from joint ventures 37.7 46.6
Stock-based compensation 66.0 65.9
Deferred income taxes 1.7 52.5
Pension and other postretirement benefit plan contributions (21.7) (21.8)
Pension and other postretirement benefit plan costs (23.2) 4.7
Divestiture loss 0.0 35.4
Restructuring, impairment, and other exit costs 20.6 227.2
Changes in current assets and liabilities 91.3 36.5
Other, net 4.7 (37.0)
Net cash provided by operating activities 2,159.8 2,027.6
Cash Flows - Investing Activities    
Purchases of land, buildings, and equipment (269.4) (367.9)
Investments In affiliates, net (40.9) (1.5)
Proceeds from disposal of land, buildings, and equipment 0.9 10.9
Proceeds from divestiture 0.0 0.2
Other, net 4.8 (49.4)
Net cash used by investing activities (304.6) (407.7)
Cash Flows - Financing Activities    
Change in notes payable (282.9) 429.9
Issuance of long-term debt 867.8 0.0
Payment of long-term debt (1,396.5) (1,153.4)
Proceeds from common stock issued on exercised options 109.4 140.7
Purchases of common stock for treasury (2.8) (0.7)
Dividends paid (895.4) (883.7)
Investment in redeemable interest 0.0 55.7
Distributions to noncontrolling and redeemable interest holders (70.4) (33.5)
Other, net (20.6) (13.0)
Net cash used by financing activities (1,691.4) (1,458.0)
Effect of exchange rate changes on cash and cash equivalents (6.9) (13.8)
Increase in cash and cash equivalents 156.9 148.1
Cash and cash equivalents - beginning of year 450.0 399.0
Cash and cash equivalents - end of period 606.9 547.1
Cash Flow from changes in current assets and liabilities:    
Receivables (60.3) (50.9)
Inventories 2.5 80.7
Prepaid expenses and other current assets 54.8 16.5
Accounts payable 119.9 77.5
Other current liabilities (25.6) (87.3)
Changes in current assets and liabilities $ 91.3 $ 36.5