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Stock Plans (Tables)
6 Months Ended
Nov. 29, 2020
Stock Plans [Abstract]  
Schedule of compensation expense related to stock-based payments [Table Text Block]

 

 

Quarter Ended

 

 

Six-Month Period Ended

In Millions

 

Nov. 29, 2020

 

Nov. 24, 2019

 

 

Nov. 29, 2020

 

Nov. 24, 2019

Compensation expense related to stock-based payments

$

20.4

$

19.0

 

$

48.7

$

47.8

 

 

 

 

 

 

 

 

 

 

Schedule of net cash proceeds received from the exercise of stock options [Table Text Block]

 

 

Six-Month Period Ended

In Millions

 

Nov. 29, 2020

 

 

Nov. 24, 2019

Net cash proceeds

$

31.1

 

$

68.6

Intrinsic value of options exercised

$

19.6

 

$

36.5

Schedule of estimated fair value of stock options granted and the assumptions used for the Black-Scholes option-pricing model [Table Text Block]

 

 

Six-Month Period Ended

 

Nov. 29, 2020

Nov. 24, 2019

Estimated fair values of stock options granted

$

8.03

 

$

7.10

 

Assumptions:

 

 

 

 

 

 

Risk-free interest rate

 

0.7

%

 

2.0

%

Expected term

 

8.5

years

 

8.5

years

Expected volatility

 

19.5

%

 

17.4

%

Dividend yield

 

3.3

%

 

3.6

%

Schedule of information on restricted stock and performance share unit activity [Table Text Block] The total grant date fair value of restricted stock unit and performance awards that vested during the period follows:

 

 

Six-Month Period Ended

In Millions

 

Nov. 29, 2020

 

Nov. 24, 2019

Total grant date fair value

$

67.4

$

50.7