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Discontinued Operations and Assets Held for Sale
 9 Months Ended
Feb. 26, 2017
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations and Assets Held for Sale
Discontinued Operations and Assets Held for Sale

Discontinued Operations
Earnings (loss) from discontinued operations, net of taxes in our accompanying consolidated statements of earnings is primarily related to the Red Lobster disposition and is comprised of the following:
 
Three Months Ended
 
Nine Months Ended
(in millions)
February 26, 2017
 
February 28, 2016
 
February 26, 2017
 
February 28, 2016
Costs and expenses:
 
 
 
 
 
 
 
Restaurant and marketing expenses
$
0.3

 
$
1.0

 
$
0.2

 
$
1.3

Other income and expenses (1)
1.3

 
1.7

 
3.8

 
(20.3
)
Earnings (loss) before income taxes
(1.6
)
 
(2.7
)
 
(4.0
)
 
19.0

Income tax expense (benefit)
(0.9
)
 
(0.3
)
 
(2.2
)
 
2.9

Earnings (loss) from discontinued operations, net of tax
$
(0.7
)
 
$
(2.4
)
 
$
(1.8
)
 
$
16.1

(1)
Amounts for the nine months ended February 28, 2016 include gains recognized upon satisfaction of landlord consents.

Assets Held For Sale
Assets classified as held for sale on our accompanying consolidated balance sheets as of February 26, 2017 and May 29, 2016, consisted of land, buildings and equipment with carrying amounts of $13.3 million and $20.3 million, respectively, primarily related to excess land parcels adjacent to our corporate headquarters.