Discontinued Operations and Assets Held for Sale (Tables)

12 Months Ended

May 28, 2017

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures

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:

	Fiscal Year Ended
(in millions)	May 28, 2017			May 29, 2016			May 31, 2015
Sales	$	—		$	—		$	400.4
Costs and expenses:
Restaurant and marketing expenses	1.6			1.8			353.0
Depreciation and amortization	—			—			0.2
Other income and expenses (1)	6.0			(20.5		)	(810.7		)
Earnings (loss) before income taxes	(7.6		)	18.7			857.9
Income tax expense (benefit)	(4.2		)	3.4			344.8
Earnings (loss) from discontinued operations, net of tax	$	(3.4	)	$	15.3		$	513.1

(1) Amounts for fiscal years 2016 and 2015 primarily relate to the gain recognized on the sale of Red Lobster.