Business Segment and Geographic Information (Tables)

6 Months Ended

Nov. 23, 2025

Segment Reporting [Abstract]

Schedule of Operating Segment Results

Our operating segment results were as follows:

	Quarter Ended November 23, 2025
	North America Retail	International	North America Pet	North America Foodservice	Total
Segment net sales	$2,883.3	$728.9	$660.4	$581.8	$4,854.4
Corporate and other net sales					6.4
Total net sales					$4,860.8
Cost of sales	1,794.7	541.3	394.2	433.5
Selling, general, and   administrative expenses	406.3	159.2	143.1	43.5
Segment operating profit	$682.3	$28.4	$123.1	$104.8	$938.6
Unallocated corporate items					88.5
Restructuring, transformation,   impairment, and other exit costs					122.1
Operating profit					$728.0

	Quarter Ended November 24, 2024
	North America Retail	International	North America Pet	North America Foodservice	Total
Segment net sales	$3,321.5	$690.6	$595.8	$630.0	$5,237.9
Corporate and other net sales					2.2
Total net sales					$5,240.1
Cost of sales	2,023.9	520.5	341.6	466.6
Selling, general, and   administrative expenses	435.3	146.3	114.9	44.9
Segment operating profit	$862.3	$23.8	$139.3	$118.5	$1,143.9
Unallocated corporate items					64.8
Restructuring, transformation,   impairment, and other exit costs					1.2
Operating profit					$1,077.9

	Six-Month Period Ended November 23, 2025
	North America Retail	International	North America Pet	North America Foodservice	Total
Segment net sales	$5,508.8	$1,489.1	$1,270.4	$1,098.5	$9,366.8
Corporate and other net sales					11.5
Total net sales					$9,378.3
Cost of sales	3,459.2	1,080.1	762.8	835.8
Selling, general, and   administrative expenses	803.1	314.9	271.6	87.3
Segment operating profit	$1,246.5	$94.1	$236.0	$175.4	$1,752.0
Unallocated corporate items					214.2
Divestitures gain					(1,054.4)
Restructuring, transformation,   impairment, and other exit costs					138.4
Operating profit					$2,453.8

	Six-Month Period Ended November 24, 2024
	North America Retail	International	North America Pet	North America Foodservice	Total
Segment net sales	$6,338.1	$1,407.6	$1,171.9	$1,166.2	$10,083.8
Corporate and other net sales					4.4
Total net sales					$10,088.2
Cost of sales	3,860.3	1,068.8	679.7	887.7
Selling, general, and   administrative expenses	869.8	294.1	233.5	88.5
Segment operating profit	$1,608.0	$44.7	$258.7	$190.0	$2,101.4
Unallocated corporate items					188.6
Restructuring, transformation,   impairment, and other exit costs					3.4
Operating profit					$1,909.4

Net sales for our North America Retail operating units were as follows:

	Quarter Ended		Six-Month Period Ended
In Millions	Nov. 23, 2025	Nov. 24, 2024	Nov. 23, 2025	Nov. 24, 2024
U.S. Meals & Baking Solutions	$1,312.8	$1,327.9	$2,234.2	$2,274.2
Big G Cereal & Canada (a)	779.5	1,150.5	1,646.4	2,310.3
U.S. Snacks	791.0	843.1	1,628.2	1,753.6
Total	$2,883.3	$3,321.5	$5,508.8	$6,338.1

(a) Upon completion of the United States yogurt business divestiture, the former U.S. Morning Foods and Canada operating units were

combined into a new Big G Cereal & Canada operating unit. Prior period amounts have been recast to conform to the current

period presentation. This did not result in a change to the composition of our reportable segments or information reviewed by our

CODM.

Schedule of Net Sales by Class of Similar Products

Net sales by class of similar products were as follows:

	Quarter Ended		Six-Month Period Ended
In Millions	Nov. 23, 2025	Nov. 24, 2024	Nov. 23, 2025	Nov. 24, 2024
Snacks	$1,017.9	$1,055.0	$2,067.6	$2,161.8
Cereal	791.2	829.5	1,558.4	1,622.6
Convenient meals	827.0	795.1	1,477.8	1,474.0
Pet	698.7	623.8	1,341.7	1,228.4
Dough	720.9	722.6	1,236.0	1,240.4
Baking mixes and ingredients	556.0	577.2	1,004.0	1,034.3
Super-premium ice cream	175.8	163.6	397.2	376.5
Yogurt	—	377.8	102.0	749.7
Other	73.3	95.5	193.6	200.5
Total	$4,860.8	$5,240.1	$9,378.3	$10,088.2