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Quarterly Data
 12 Months Ended
May. 31, 2015
Quarterly Financial Data [Abstract]  
Quarterly Data
QUARTERLY DATA (UNAUDITED)
The following table summarizes unaudited quarterly data for fiscal 2015 and fiscal 2014:  
 
Fiscal 2015 - Quarters Ended
(in millions, except per share data)
Aug. 24
 
Nov. 23
 
Feb. 22
 
May 31 (1)
 
Total (2)
Sales
$
1,595.8

 
$
1,559.0

 
$
1,730.9

 
$
1,878.3

 
$
6,764.0

(Loss) earnings before income taxes
(43.7
)
 
(54.6
)
 
147.1

 
126.5

 
175.3

(Loss) earnings from continuing operations
(19.3
)
 
(30.8
)
 
128.4

 
118.1

 
196.4

(Loss) earnings from discontinued operations, net of tax
522.5

 
(2.0
)
 
5.4

 
(12.8
)
 
513.1

Net (loss) earnings
503.2

 
(32.8
)
 
133.8

 
105.3

 
709.5

Basic net earnings per share:
 
 
 
 
 
 
 
 
 
(Loss) earnings from continuing operations
(0.14
)
 
(0.24
)
 
1.03

 
0.94

 
1.54

(Loss) earnings from discontinued operations
3.95

 
(0.02
)
 
0.04

 
(0.11
)
 
4.02

Net (loss) earnings
3.81

 
(0.26
)
 
1.07

 
0.83

 
5.56

Diluted net earnings per share:
 
 
 
 
 
 
 
 
 
(Loss) earnings from continuing operations
(0.14
)
 
(0.24
)
 
1.01

 
0.92

 
1.51

(Loss) earnings from discontinued operations
3.95

 
(0.02
)
 
0.04

 
(0.10
)
 
3.96

Net (loss) earnings
3.81

 
(0.26
)
 
1.05

 
0.82

 
5.47

Dividends paid per share
0.55

 
0.55

 
0.55

 
0.55

 
2.20

Stock price:
 
 
 
 
 
 
 
 
 
High
51.21

 
56.85

 
62.65

 
70.38

 
70.38

Low
43.56

 
46.70

 
54.96

 
61.31

 
43.56

 
 
 
 
 
 
 
 
 
 
 
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

 
 
 
 
 
 
 
 
 
 
(1)
The quarter ended May 31, 2015 consisted of 14 weeks while all other quarters consisted of 13 weeks.
(2)
The year ended May 31, 2015 consisted of 53 weeks while the year ended May 25, 2014 consisted of 52 weeks.