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Business Segment and Geographic Information (Tables)
9 Months Ended
Feb. 27, 2022
Business Segment and Geographic Information [Abstract]  
Schedule of operating segment results [Table Text Block]

 

 

Quarter Ended

 

 

Nine-Month Period Ended

In Millions

Feb. 27, 2022

 

 

Feb. 28, 2021

 

Feb. 27, 2022

 

Feb. 28, 2021

Net sales:

 

 

 

 

 

 

 

 

 

 

 

North America Retail

$

2,811.9

 

$

2,786.0

 

$

8,567.1

 

$

8,539.3

International

 

721.0

 

 

939.8

 

 

2,566.0

 

 

2,710.9

Pet

 

567.7

 

 

436.3

 

 

1,649.1

 

 

1,288.0

North America Foodservice

 

437.1

 

 

357.9

 

 

1,319.4

 

 

1,065.2

Total

$

4,537.7

 

$

4,520.0

 

$

14,101.6

 

$

13,603.4

Operating profit:

 

 

 

 

 

 

 

 

 

 

 

North America Retail

$

611.5

 

$

628.8

 

$

1,935.5

 

$

2,076.8

International

 

35.9

 

 

41.4

 

 

155.9

 

 

180.8

Pet

 

110.6

 

 

102.3

 

 

357.3

 

 

311.9

North America Foodservice

 

35.2

 

 

40.6

 

 

174.9

 

 

137.6

Total segment operating profit

$

793.2

 

$

813.1

 

$

2,623.6

 

$

2,707.1

Unallocated corporate items

 

140.9

 

 

(24.5)

 

 

328.9

 

 

98.3

Divestitures gain

 

(170.1)

 

 

-

 

 

(170.1)

 

 

-

Restructuring, impairment, and other exit costs

 

7.1

 

 

11.0

 

 

5.1

 

 

11.9

Operating profit

$

815.3

 

$

826.6

 

$

2,459.7

 

$

2,596.9

 

Quarter Ended

 

Nine-Month Period Ended

In Millions

Feb. 27, 2022

 

Feb. 28, 2021

 

Feb. 27, 2022

 

Feb. 28, 2021

U.S. Meals & Baking Solutions

$

968.0

 

$

990.7

 

$

3,032.6

 

$

3,169.0

U.S. Morning Foods

 

858.0

 

 

823.2

 

 

2,514.4

 

 

2,495.8

U.S. Snacks

 

745.0

 

 

726.8

 

 

2,282.3

 

 

2,172.0

Canada

 

240.9

 

 

245.3

 

 

737.8

 

 

702.5

Total

$

2,811.9

 

$

2,786.0

 

$

8,567.1

 

$

8,539.3

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

 

Quarter Ended

 

Nine-Month Period Ended

In Millions

Feb. 27, 2022

 

Feb. 28, 2021

 

Feb. 27, 2022

 

Feb. 28, 2021

Snacks

$

925.3

 

$

871.9

 

$

2,827.4

 

$

2,608.6

Convenient meals

 

772.8

 

 

785.0

 

 

2,258.1

 

 

2,334.8

Cereal

 

754.4

 

 

715.4

 

 

2,227.6

 

 

2,168.7

Pet

 

568.1

 

 

436.3

 

 

1,649.5

 

 

1,288.0

Dough

 

446.6

 

 

498.0

 

 

1,458.8

 

 

1,456.8

Baking mixes and ingredients

 

465.9

 

 

416.8

 

 

1,379.4

 

 

1,293.6

Yogurt

 

349.3

 

 

505.3

 

 

1,362.3

 

 

1,513.5

Super-premium ice cream

 

151.4

 

 

164.0

 

 

596.2

 

 

596.4

Other

 

103.9

 

 

127.3

 

 

342.3

 

 

343.0

Total

$

4,537.7

 

$

4,520.0

 

$

14,101.6

 

$

13,603.4