Financial Instruments

12 Months Ended

May 25, 2014

Fair Value Disclosures [Abstract]

Financial Instruments

FINANCIAL INSTRUMENTS

Marketable securities are carried at fair value and consist of available-for-sale securities related to insurance funding requirements for our workers' compensation and general liability claims. The following table summarizes cost and market value for our securities that qualify as available-for-sale as of May 25, 2014:

(in millions)	Cost		Gross Unrealized Gains		Gross Unrealized Losses		Market Value
Available-for-sale securities	$	18.3	$	0.1	$	—	$	18.4

Earnings include insignificant realized gains and loss from sales of available-for-sale securities. At May 25, 2014, the scheduled maturities of our available-for-sale securities are as follows:

(in millions)	Cost		Market Value
Less than 1 year	$	4.5	$	4.5
1 to 3 years	8.4		8.5
3 to 5 years	5.4		5.4
Total	$	18.3	$	18.4