Goodwill And Other Intangible Assets (Tables)

6 Months Ended

Nov. 26, 2023

Goodwill And Other Intangible Assets [Abstract]

Components Of Goodwill And Other Intangible Assets

In Millions

Nov. 26, 2023

May 28, 2023

Goodwill

$

14,441.8

$

14,511.2

Other intangible assets:

Intangible assets not subject to amortization:

Brands and other indefinite-lived intangibles

6,717.2

6,712.4

Intangible assets subject to amortization:

Customer relationships and other finite-lived intangibles

387.0

386.3

Less accumulated amortization

(140.9)

(131.1)

Intangible assets subject to amortization, net

246.1

255.2

Other intangible assets

6,963.3

6,967.6

Total

$

21,405.1

$

21,478.8

Changes In Carrying Amount Of Goodwill

In Millions

North America

Retail

Pet

North America

Foodservice

International

Corporate and

Joint Ventures

Total

Balance as of May 28, 2023

$

6,542.4

$

6,062.8

$

805.6

$

708.4

$

392.0

$

14,511.2

Acquisition

-

-

-

-

26.9

26.9

Impairment charge

-

-

-

(117.1)

-

(117.1)

Other activity, primarily 

 foreign currency translation

(0.2)

-

(0.1)

13.3

7.8

20.8

Balance as of Nov. 26, 2023

$

6,542.2

$

6,062.8

$

805.5

$

604.6

$

426.7

$

14,441.8

Changes In Carrying Amount Of Other Intangible Assets

In Millions

Total

Balance as of May 28, 2023

$

6,967.6

Amortization, net of foreign currency translation

(4.3)

Balance as of Nov. 26, 2023

$

6,963.3