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Quarterly Data
 12 Months Ended
May 27, 2012
Quarterly Financial Data [Abstract]  
Quarterly Data
QUARTERLY DATA (UNAUDITED)
The following table summarizes unaudited quarterly data for fiscal 2012 and fiscal 2011:
 
 
Fiscal 2012 - Quarters Ended
(in millions, except per share data)
Aug. 28
 
Nov. 27
 
Feb. 26
 
May 27
 
Total
Sales
$
1,942.0

 
$
1,831.5

 
$
2,159.7

 
$
2,065.6

 
$
7,998.7

Earnings before income taxes
147.0

 
72.5

 
217.8

 
200.7

 
638.0

Earnings from continuing operations
106.8

 
54.1

 
164.1

 
151.6

 
476.5

Losses from discontinued operations, net of tax
(0.2
)
 
(0.4
)
 
—

 
(0.4
)
 
(1.0
)
Net earnings
106.6

 
53.7

 
164.1

 
151.2

 
475.5

Basic net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.80

 
0.42

 
1.28

 
1.18

 
3.66

Losses from discontinued operations
—

 
(0.01
)
 
—

 
—

 
(0.01
)
Net earnings
0.80

 
0.41

 
1.28

 
1.18

 
3.65

Diluted net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.78

 
0.41

 
1.25

 
1.15

 
3.58

Losses from discontinued operations
—

 
(0.01
)
 
—

 
—

 
(0.01
)
Net earnings
0.78

 
0.40

 
1.25

 
1.15

 
3.57

Dividends paid per share
0.43

 
0.43

 
0.43

 
0.43

 
1.72

Stock price:
 
 
 
 
 
 
 
 
 
High
53.81

 
49.20

 
51.90

 
55.84

 
55.84

Low
43.85

 
40.69

 
41.65

 
48.49

 
40.69

 
 
 
 
 
 
 
 
 
 
 
Fiscal 2011 - Quarters Ended
(in millions, except per share data)
Aug. 29
 
Nov. 28
 
Feb. 27
 
May 29
 
Total
Sales
$
1,806.7

 
$
1,726.2

 
$
1,976.8

 
$
1,990.4

 
$
7,500.2

Earnings before income taxes
159.1

 
103.2

 
199.1

 
186.2

 
647.6

Earnings from continuing operations
113.3

 
75.8

 
151.7

 
138.0

 
478.7

Losses from discontinued operations, net of tax
(0.2
)
 
(1.3
)
 
(0.5
)
 
(0.6
)
 
(2.4
)
Net earnings
113.1

 
74.5

 
151.2

 
137.4

 
476.3

Basic net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.82

 
0.55

 
1.11

 
1.02

 
3.50

Losses from discontinued operations
—

 
(0.01
)
 
—

 
—

 
(0.02
)
Net earnings
0.82

 
0.54

 
1.11

 
1.02

 
3.48

Diluted net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.80

 
0.54

 
1.08

 
1.00

 
3.41

Losses from discontinued operations
—

 
(0.01
)
 
—

 
(0.01
)
 
(0.02
)
Net earnings
0.80

 
0.53

 
1.08

 
0.99

 
3.39

Dividends paid per share
0.32

 
0.32

 
0.32

 
0.32

 
1.28

Stock price:
 
 
 
 
 
 
 
 
 
High
45.04

 
49.99

 
50.84

 
52.12

 
52.12

Low
37.08

 
41.03

 
45.07

 
45.51

 
37.08