Retirement and Postemployment Benefits

6 Months Ended

Nov. 28, 2021

Retirement and Postemployment Benefits [Abstract]

Retirement and Postemployment Benefits

(14) Retirement and Postemployment Benefits

Components of net periodic benefit (income) expense are as follows:

		Defined Benefit Pension Plans				Other Postretirement Benefit Plans				Postemployment Benefit Plans
		Quarter Ended				Quarter Ended				Quarter Ended
In Millions		Nov. 28, 2021		Nov. 29, 2020		Nov. 28, 2021		Nov. 29, 2020		Nov. 28, 2021		Nov. 29, 2020
Service cost	$	23.5	$	26.0	$	1.9	$	2.1	$	1.7	$	2.3
Interest cost		46.1		47.9		3.1		4.5		0.3		0.4
Expected return on plan assets		(102.9)		(105.1)		(6.7)		(8.6)		-		-
Amortization of losses (gains)		35.5		27.2		(2.7)		(1.2)		0.7		0.7
Amortization of prior service costs (credits)		0.2		0.3		(5.2)		(1.4)		0.1		0.2
Other adjustments		-		-		-		-		3.8		2.2
Curtailment loss (gain)		0.5		-		(0.2)		-		-		-
Net expense (income)	$	2.9	$	(3.7)	$	(9.8)	$	(4.6)	$	6.6	$	5.8
		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. 28, 2021		Nov. 29, 2020		Nov. 28, 2021		Nov. 29, 2020		Nov. 28, 2021		Nov. 29, 2020
Service cost	$	47.2	$	52.0	$	3.8	$	4.3	$	3.5	$	4.6
Interest cost		92.4		95.9		6.3		9.0		0.7		0.8
Expected return on plan assets		(205.7)		(210.1)		(13.4)		(17.3)		-		-
Amortization of losses (gains)		70.4		54.0		(5.4)		(2.5)		1.5		1.4
Amortization of prior service costs (credits)		0.4		0.6		(10.4)		(2.8)		0.2		0.4
Other adjustments		-		-		-		-		5.7		4.4
Curtailment gain		(14.3)		-		(5.7)		-		-		-
Net (income) expense	$	(9.6)	$	(7.6)	$	(24.8)	$	(9.3)	$	11.6	$	11.6