Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Feb. 22, 2026

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Components of Goodwill and Other Intangible Assets

The components of goodwill and other intangible assets are as follows:

In Millions	Feb. 22, 2026	May 25, 2025
Goodwill	$15,634.4	$15,622.4
Other intangible assets:
Intangible assets not subject to amortization:
Brands	6,780.2	6,816.7
Intangible assets subject to amortization:
Customer relationships and other finite-lived intangibles	421.3	420.9
Less accumulated amortization	(171.4)	(156.2)
Intangible assets subject to amortization, net	249.9	264.7
Other intangible assets	7,030.1	7,081.4
Total	$22,664.5	$22,703.8

Schedule of Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill during the nine-month period ended February 22, 2026, were as follows:

In Millions	North America Retail	North America Pet	North America Foodservice	International (a)	Corporate and Joint Ventures	Total
Balance as of May 25, 2025	$6,323.5	$7,149.5	$755.5	$951.7	$442.2	$15,622.4
Divestiture	(4.7)	—	(0.2)	—	—	(4.9)
Purchase accounting adjustments	—	(31.9)	—	—	—	(31.9)
Other activity, primarily   foreign currency translation	0.3	—	—	33.1	15.4	48.8
Balance as of Feb. 22, 2026	$6,319.1	$7,117.6	$755.3	$984.8	$457.6	$15,634.4

(a)The carrying amounts of goodwill within the International segment as of May 25, 2025, and February 22, 2026, were net of

accumulated impairment losses of $117.1 million. For additional information, see Note 6 to the Consolidated Financial Statements

included in our Annual Report on Form 10-K for the fiscal year ended May 25, 2025.

Schedule of Changes in Carrying Amount of Other Intangible Assets

The changes in the carrying amount of other intangible assets during the nine-month period ended February 22, 2026, were as follows:

In Millions	Total
Balance as of May 25, 2025	$7,081.4
Impairment charge	(52.9)
Other activity, primarily foreign currency translation and amortization	1.6
Balance as of Feb. 22, 2026	$7,030.1