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Stockholders' Equity (Tables)
3 Months Ended
Aug. 28, 2016
Stockholders' Equity Note [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss), net of tax, for the quarters ended August 28, 2016 and August 30, 2015 are as follows:
(in millions)
 
Foreign Currency Translation Adjustment
 
Unrealized Gains (Losses) on Marketable Securities
 
Unrealized Gains (Losses) on Derivatives
 
Benefit Plan Funding Position
 
Accumulated Other Comprehensive Income (Loss)
Balances at May 29, 2016
 
$
(1.2
)
 
$
0.1

 
$
3.9

 
$
(89.8
)
 
$
(87.0
)
Gain (loss)
 

 

 
(3.9
)
 

 
(3.9
)
Reclassification realized in net earnings
 

 

 
1.4

 
0.1

 
1.5

Balance at August 28, 2016
 
$
(1.2
)
 
$
0.1

 
$
1.4

 
$
(89.7
)
 
$
(89.4
)
 
 
 
 
 
 
 
 
 
 
 
Balance at May 31, 2015
 
$
(1.7
)
 
$
0.1

 
$
(19.1
)
 
$
(65.9
)
 
$
(86.6
)
Gain (loss)
 
0.8

 

 
2.0

 

 
2.8

Reclassification realized in net earnings
 

 

 
(1.3
)
 
(0.1
)
 
(1.4
)
Balance at August 30, 2015
 
$
(0.9
)
 
$
0.1

 
$
(18.4
)
 
$
(66.0
)
 
$
(85.2
)
Reclassification out of Accumulated Other Comprehensive Income
The following table presents the amounts and line items in our consolidated statements of earnings where adjustments reclassified from AOCI into net earnings were recorded.
 
 
 
Amount Reclassified from AOCI into Net Earnings
 
 
 
Three Months Ended
(in millions)
AOCI Components
Location of Gain (Loss) Recognized in Earnings
 
August 28,
2016
 
August 30,
2015
Derivatives
 
 
 
 
 
Equity contracts
(1)
 
(1.4
)
 
2.1

Interest rate contracts
(2)
 

 
(1.3
)
Total before tax
 
 
$
(1.4
)
 
$
0.8

Tax benefit
 
 

 
0.5

Net of tax
 
 
$
(1.4
)
 
$
1.3

 
 
 
 
 
 
Benefit plan funding position
 
 
 
 
 
Recognized net actuarial loss - pension/postretirement plans
(3)
 
$
(0.8
)
 
$
(0.6
)
Recognized net actuarial gain - other plans
(4)
 
0.6

 
0.8

Total before tax
 
 
$
(0.2
)
 
$
0.2

Tax benefit (expense)
 
 
0.1

 
(0.1
)
Net of tax
 
 
$
(0.1
)
 
$
0.1



(1)
Primarily included in restaurant labor costs and general and administrative expenses. See Note 11 for additional details.
(2)
Included in interest, net, on our consolidated statements of earnings.
(3)
Included in the computation of net periodic benefit costs - pension and postretirement plans, which is a component of restaurant labor expenses and general and administrative expenses. See Note 9 for additional details.
(4)
Included in the computation of net periodic benefit costs - other plans, which is a component of general and administrative expenses.