Additional Financial Information (Tables)

12 Months Ended

May 29, 2016

Additional Financial Information [Abstract]

Receivables From Various Parties

Balance Sheets

(in millions)	May 29, 2016			May 31, 2015
Receivables, net
Retail outlet gift card sales	$	43.9		$	47.1
Landlord allowances due	3.7			12.9
Miscellaneous	16.9			18.9
Allowance for doubtful accounts	(0.5		)	(0.9		)
	$	64.0		$	78.0
Other Current Liabilities
Non-qualified deferred compensation plan	$	194.0		$	209.6
Sales and other taxes	58.7			63.9
Insurance-related	36.3			37.4
Employee benefits	35.8			34.3
Contingent proceeds - Red Lobster disposition	—			31.5
Accrued interest	5.1			11.4
Miscellaneous	70.7			61.0
	$	400.6		$	449.1

Components Of Other Current Liabilities

Balance Sheets

(in millions)	May 29, 2016			May 31, 2015
Receivables, net
Retail outlet gift card sales	$	43.9		$	47.1
Landlord allowances due	3.7			12.9
Miscellaneous	16.9			18.9
Allowance for doubtful accounts	(0.5		)	(0.9		)
	$	64.0		$	78.0
Other Current Liabilities
Non-qualified deferred compensation plan	$	194.0		$	209.6
Sales and other taxes	58.7			63.9
Insurance-related	36.3			37.4
Employee benefits	35.8			34.3
Contingent proceeds - Red Lobster disposition	—			31.5
Accrued interest	5.1			11.4
Miscellaneous	70.7			61.0
	$	400.6		$	449.1

Components Of Interest

Statements of Earnings

	Fiscal Year
(in millions)	2016			2015			2014
Interest expense (1)	$	165.4		$	186.2		$	134.0
Imputed interest on capital and financing leases	8.9			8.0			3.5
Capitalized interest	(0.7		)	(1.3		)	(2.6		)
Interest income	(1.1		)	(0.6		)	(0.6		)
Interest, net	$	172.5		$	192.3		$	134.3

(1) Interest expense in fiscal 2016 and 2015 includes approximately $106.8 million and $91.3 million, respectively, of expenses associated with the retirement of long-term debt. See Note 7.

Schedule of Cash Flow, Supplemental Disclosures

Statements of Cash Flows

	Fiscal Year
(in millions)	2016		2015		2014
Cash paid during the fiscal year for:
Interest, net of amounts capitalized (1)	$	140.8	$	142.8	$	117.5
Income taxes, net of refunds (2)	$	128.0	$	290.7	$	90.0
Non-cash investing and financing activities:
Increase in land, buildings and equipment through accrued purchases	$	14.9	$	11.1	$	24.4
Net book value of assets distributed in Four Corners separation, net of deferred tax liabilities	$	750.4	$	—	$	—

(1) Interest paid in fiscal 2016 and 2015 includes approximately $68.7 million and $44.0 million, respectively, of payments associated with the retirement of long-term debt. See Note 7.

(2) Income taxes paid in fiscal 2015 were higher primarily as a result of the gain recognized on the sale of Red Lobster.