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Business Segment and Geographic Information (Tables)
12 Months Ended
May 31, 2020
BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION [Abstract]  
Operating Segment Results [Table Text Block]

 

Fiscal Year

In Millions

 

2020

 

 

2019

 

 

2018

Net sales:

 

 

 

 

 

 

 

 

North America Retail

$

10,750.5

 

$

9,925.2

 

$

10,115.4

Europe & Australia

 

1,838.9

 

 

1,886.7

 

 

1,984.6

Convenience Stores & Foodservice

 

1,816.4

 

 

1,969.1

 

 

1,930.2

Pet

 

1,694.6

 

 

1,430.9

 

 

-

Asia & Latin America

 

1,526.2

 

 

1,653.3

 

 

1,710.2

Total

$

17,626.6

 

$

16,865.2

 

$

15,740.4

Operating profit:

 

 

 

 

 

 

 

 

North America Retail

$

2,627.0

 

$

2,277.2

 

$

2,217.4

Europe & Australia

 

113.8

 

 

123.3

 

 

142.1

Convenience Stores & Foodservice

 

337.2

 

 

419.5

 

 

392.6

Pet

 

390.7

 

 

268.4

 

 

-

Asia & Latin America

 

18.7

 

 

72.4

 

 

39.6

Total segment operating profit

$

3,487.4

 

$

3,160.8

 

$

2,791.7

Unallocated corporate items

 

509.1

 

 

339.8

 

 

206.2

Divestitures loss

 

-

 

 

30.0

 

 

-

Restructuring, impairment, and other exit costs

 

24.4

 

 

275.1

 

 

165.6

Operating profit

$

2,953.9

 

$

2,515.9

 

$

2,419.9

Net sales for our North America Retail operating units were as follows:

 

 

 

Fiscal Year

In Millions

 

 

2020

 

 

2019

 

 

2018

U.S. Meals & Baking

 

$

4,408.5

 

$

3,839.8

 

$

3,865.7

U.S. Cereal

 

 

2,434.1

 

 

2,255.4

 

 

2,251.8

U.S. Snacks

 

 

2,091.9

 

 

2,060.9

 

 

2,140.5

U.S. Yogurt and other

 

 

919.0

 

 

906.7

 

 

927.4

Canada

 

 

897.0

 

 

862.4

 

 

930.0

Total

 

$

10,750.5

 

$

9,925.2

 

$

10,115.4

Net sales by class of similar products [Table Text Block]

 

Fiscal Year

In Millions

 

2020

 

 

2019

 

 

2018

Snacks

$

3,529.7

 

$

3,487.4

 

$

3,549.3

Cereal

 

2,874.1

 

 

2,672.8

 

 

2,679.8

Convenient meals

 

2,814.3

 

 

2,538.6

 

 

2,572.7

Yogurt

 

2,056.6

 

 

2,113.1

 

 

2,235.0

Dough

 

1,801.1

 

 

1,661.9

 

 

1,653.4

Pet

 

1,694.6

 

 

1,430.9

 

 

-

Baking mixes and ingredients

 

1,674.2

 

 

1,663.7

 

 

1,709.7

Super-premium ice cream

 

718.1

 

 

812.7

 

 

803.2

Vegetables and other

 

463.9

 

 

484.1

 

 

537.3

Total

$

17,626.6

 

$

16,865.2

 

$

15,740.4

Financial information by geographic area [Table Text Block]

 

Fiscal Year

In Millions

 

2020

 

 

2019

 

 

2018

Net sales:

 

 

 

 

 

 

 

 

United States

$

13,364.5

 

$

12,462.8

 

$

11,115.6

Non-United States

 

4,262.1

 

 

4,402.4

 

 

4,624.8

Total

$

17,626.6

 

$

16,865.2

 

$

15,740.4

In Millions

 

May 31, 2020

 

 

May 26, 2019

 

 

 

Cash and cash equivalents:

 

 

 

 

 

 

 

 

United States

$

1,112.0

 

$

51.0

 

 

 

Non-United States

 

565.8

 

 

399.0

 

 

 

Total

$

1,677.8

 

$

450.0

 

 

 

In Millions

 

May 31, 2020

 

 

May 26, 2019

 

 

 

Land, buildings, and equipment:

 

 

 

 

 

 

 

 

United States

$

2,761.6

 

$

2,872.8

 

 

 

Non-United States

 

819.0

 

 

914.4

 

 

 

Total

$

3,580.6

 

$

3,787.2