Workforce Reduction Costs (Notes)

9 Months Ended

Feb. 23, 2014

Restructuring and Related Activities [Abstract]

Restructuring and Related Activities Disclosure

Workforce Reduction Costs

During the second quarter of fiscal 2014, we performed a comprehensive review of operations resulting in decisions to reduce operating support costs through a combination of workforce reductions and program spending cuts (September 2013 Plan). During the third quarter of fiscal 2014, in connection with our decision to reduce unit growth, we incurred further workforce reductions (January 2014 Plan). In accordance with these actions, we incurred employee termination benefits and other costs which are included in selling, general and administrative expenses in our consolidated statements of earnings as follows:

	Fiscal Periods Ending February 23, 2014
(in millions)	Three Months Ended (3)			Nine Months Ended
Employee termination benefits (1)	$	0.3		$	11.2
Other (2)	(0.1		)	0.7
Total	$	0.2		$	11.9

(1) Includes salary and stock-based compensation expense.

(2) Includes postemployment medical, outplacement and relocation costs.

(3) Reflects expense for the January 2014 Plan and subsequent adjustments to the September 2013 Plan based on updated information.

The following table summarizes the accrued employee termination benefits and other costs which are primarily included in other current liabilities in our consolidated balance sheet as of February 23, 2014:

(in millions)	September 2013 Plan		January 2014 Plan		Payments			Adjustments			Balance at February 23, 2014
Employee termination benefits (1)	$	7.7	$	0.7	$	(3.5	)	$	(0.4	)	$	4.5
Other	0.8		0.1		(0.3		)	(0.2		)	0.4
Total	$	8.5	$	0.8	$	(3.8	)	$	(0.6	)	$	4.9

(1) Excludes costs associated with stock options and restricted stock that will be settled in shares upon vesting.

We expect the majority of the remaining liability to be paid by the first quarter of fiscal 2015 and the remainder to be paid by the first quarter of fiscal 2016.