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Quarterly Data
12 Months Ended
May 25, 2014
Quarterly Financial Data [Abstract]  
Quarterly Data
QUARTERLY DATA (UNAUDITED)
The following table summarizes unaudited quarterly data for fiscal 2014 and fiscal 2013:  
 
Fiscal 2014 - Quarters Ended
(in millions, except per share data)
Aug. 25
 
Nov. 24
 
Feb. 23
 
May 25
 
Total
Sales
$
1,531.5

 
$
1,485.6

 
$
1,618.5

 
$
1,650.1

 
$
6,285.6

Earnings before income taxes
49.8

 
1.8

 
89.1

 
33.9

 
174.6

Earnings from continuing operations
42.2

 
6.0

 
86.6

 
48.4

 
183.2

Earnings from discontinued operations, net of tax
28.0

 
13.8

 
23.1

 
38.1

 
103.0

Net earnings
70.2

 
19.8

 
109.7

 
86.5

 
286.2

Basic net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.32

 
0.05

 
0.66

 
0.37

 
1.40

Earnings from discontinued operations
0.22

 
0.10

 
0.18

 
0.29

 
0.78

Net earnings
0.54

 
0.15

 
0.84

 
0.66

 
2.18

Diluted net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.32

 
0.05

 
0.65

 
0.36

 
1.38

Earnings from discontinued operations
0.21

 
0.10

 
0.17

 
0.29

 
0.77

Net earnings
0.53

 
0.15

 
0.82

 
0.65

 
2.15

Dividends paid per share
0.55

 
0.55

 
0.55

 
0.55

 
2.20

Stock price:
 
 
 
 
 
 
 
 
 
High
55.25

 
53.99

 
54.89

 
52.50

 
55.25

Low
46.62

 
44.78

 
47.05

 
47.83

 
44.78

 
 
 
 
 
 
 
 
 
 
 
Fiscal 2013 - Quarters Ended
(in millions, except per share data)
Aug. 26
 
Nov. 25
 
Feb. 24
 
May 26
 
Total
Sales
$
1,373.3

 
$
1,369.3

 
$
1,586.0

 
$
1,592.4

 
$
5,921.0

Earnings before income taxes
75.6

 
9.5

 
105.7

 
83.1

 
274.0

Earnings from continuing operations
62.9

 
7.8

 
88.0

 
78.5

 
237.3

Earnings from discontinued operations, net of tax
47.9

 
25.8

 
46.4

 
54.7

 
174.6

Net earnings
110.8

 
33.6

 
134.4

 
133.2

 
411.9

Basic net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.49

 
0.06

 
0.68

 
0.60

 
1.84

Earnings from discontinued operations
0.37

 
0.20

 
0.36

 
0.43

 
1.35

Net earnings
0.86

 
0.26

 
1.04

 
1.03

 
3.19

Diluted net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.48

 
0.06

 
0.67

 
0.59

 
1.80

Earnings from discontinued operations
0.37

 
0.20

 
0.35

 
0.42

 
1.33

Net earnings
0.85

 
0.26

 
1.02

 
1.01

 
3.13

Dividends paid per share
0.50

 
0.50

 
0.50

 
0.50

 
2.00

Stock price:
 
 
 
 
 
 
 
 
 
High
54.09

 
57.93

 
54.19

 
54.21

 
57.93

Low
48.39

 
50.00

 
44.11

 
44.81

 
44.11