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Income Taxes (Schedule of deferred tax assets and liabilities) (Details) - USD ($)
$ in Millions
May 31, 2020
May 26, 2019
Tax effects of temporary differences that give rise to deferred tax assets and liabilities [Abstract]    
Accrued liabilities $ 61.8 $ 50.9
Compensation and employee benefits 171.4 196.6
Pension 148.2 103.2
Tax credit carryforwards 12.5 7.3
Stock, partnership, and miscellaneous investments 80.2 104.2
Capital losses 65.9 73.1
Net operating losses 146.6 141.7
Other 87.0 71.3
Gross deferred tax assets 773.6 748.3
Valuation allowance 214.2 213.7
Net deferred tax assets 559.4 534.6
Brands 1,415.0 1,472.6
Fixed assets 378.3 377.8
Intangible assets 246.8 259.7
Tax lease transactions 21.5 23.9
Inventories 33.0 39.0
Stock, partnership, and miscellaneous investments 338.1 330.0
Unrealized hedges 22.4 27.9
Other 51.4 34.7
Gross deferred tax liabilities 2,506.5 2,565.6
Net deferred tax liability $ 1,947.1 $ 2,031.0