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Retirement and Postemployment Benefits (Tables)
6 Months Ended
Nov. 29, 2020
Retirement and Postemployment Benefits [Abstract]  
Schedule of components of net periodic benefit expense [Table Text Block]

 

 

Defined Benefit Pension Plans

 

Other Postretirement

Benefit Plans

 

Postemployment Benefit Plans

 

 

Quarter Ended

 

Quarter Ended

 

Quarter Ended

In Millions

 

Nov. 29, 2020

 

Nov. 24, 2019

 

Nov. 29, 2020

 

Nov. 24, 2019

 

Nov. 29, 2020

 

Nov. 24, 2019

Service cost

$

26.0

$

23.2

$

2.1

$

2.4

$

2.3

$

2.1

Interest cost

 

47.9

 

57.7

 

4.5

 

6.8

 

0.4

 

0.6

Expected return on plan assets

 

(105.1)

 

(112.5)

 

(8.6)

 

(10.5)

 

-

 

-

Amortization of losses (gains)

 

27.2

 

26.7

 

(1.2)

 

(0.6)

 

0.7

 

0.1

Amortization of prior service costs (credits)

 

0.3

 

0.4

 

(1.4)

 

(1.4)

 

0.2

 

0.3

Other adjustments

 

-

 

-

 

-

 

-

 

2.2

 

2.2

Net (income) expense

$

(3.7)

$

(4.5)

$

(4.6)

$

(3.3)

$

5.8

$

5.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Defined Benefit Pension Plans

 

Other Postretirement

Benefit Plans

 

Postemployment Benefit Plans

 

 

Six-Month

Period Ended

 

Six-Month

Period Ended

 

Six-Month

Period Ended

In Millions

 

Nov. 29, 2020

 

Nov. 24, 2019

 

Nov. 29, 2020

 

Nov. 24, 2019

 

Nov. 29, 2020

 

Nov. 24, 2019

Service cost

$

52.0

$

46.4

$

4.3

$

4.8

$

4.6

$

4.2

Interest cost

 

95.9

 

115.3

 

9.0

 

13.6

 

0.8

 

1.3

Expected return on plan assets

 

(210.1)

 

(225.0)

 

(17.3)

 

(21.0)

 

-

 

-

Amortization of losses (gains)

 

54.0

 

53.4

 

(2.5)

 

(1.1)

 

1.4

 

0.3

Amortization of prior service costs (credits)

 

0.6

 

0.8

 

(2.8)

 

(2.8)

 

0.4

 

0.4

Other adjustments

 

-

 

-

 

-

 

-

 

4.4

 

4.4

Net (income) expense

$

(7.6)

$

(9.1)

$

(9.3)

$

(6.5)

$

11.6

$

10.6