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Stock Plans (Tables)
9 Months Ended
Feb. 27, 2022
Stock Plans [Abstract]  
Schedule of compensation expense related to stock-based payments [Table Text Block]

 

Quarter Ended

 

Nine-Month Period Ended

In Millions

Feb. 27, 2022

 

Feb. 28, 2021

 

Feb. 27, 2022

 

Feb. 28, 2021

Compensation expense related to stock-based payments

$

31.4

 

$

20.8

 

$

78.9

 

$

69.5

 

Quarter Ended

 

Nine-Month Period Ended

In Millions

Feb. 27, 2022

 

Feb. 28, 2021

 

Feb. 27, 2022

 

Feb. 28, 2021

Windfall tax benefits from stock-based payments

$

6.7

 

$

1.6

 

$

13.0

 

$

8.4

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

 

Nine-Month Period Ended

In Millions

Feb. 27, 2022

 

Feb. 28, 2021

Net cash proceeds

$

96.2

 

$

39.4

Intrinsic value of options exercised

$

44.4

 

$

24.2

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

 

Nine-Month Period Ended

 

Feb. 27, 2022

Feb. 28, 2021

Estimated fair values of stock options granted

$

8.77

 

$

8.03

 

Assumptions:

 

 

 

 

 

 

Risk-free interest rate

 

1.5

%

 

0.7

%

Expected term

 

8.5

years

 

8.5

years

Expected volatility

 

20.2

%

 

19.5

%

Dividend yield

 

3.4

%

 

3.3

%

Total grant date fair value of restricted stock unit awards that vested during the period [Table Text Block]

 

Nine-Month Period Ended

In Millions

Feb. 27, 2022

 

Feb. 28, 2021

Total grant date fair value

$

79.0

 

$

73.0