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Derivative Instruments And Hedging Activities (Tables)
12 Months Ended
May 28, 2017
Derivative Instruments, Gain (Loss) [Line Items]  
Fair Value Of Derivative Contracts Designated And Not Designated As Hedging Instruments
The notional and fair values of our derivative contracts are as follows:
 
 
 
 
 
 
 
Fair Values
(in millions, except
per share data)
Number of Shares Outstanding
 
Weighted-Average
 Per Share Forward Rates
 
Notional Values
 
Derivative Assets (1)
 
Derivative Liabilities (1)
 
May 28, 2017
 
May 28, 2017
 
May 29, 2016
 
May 28, 2017
 
May 29, 2016
Equity Forwards
 
 
 
 
 
 
 
 
 
 
 
 
 
Designated
0.3

 
$
59.36

 
$
18.7

 
$

 
$
1.2

 
$
0.1

 
$

Not designated
0.6

 
$
51.85

 
$
31.5

 

 
2.6

 
0.3

 

Total equity forwards
 
 
 
 
 
 
$

 
$
3.8

 
$
0.4

 
$

(1)
Derivative assets and liabilities are included in receivables, net, prepaid expenses and other current assets, and other current liabilities, as applicable, on our consolidated balance sheets.
Cash Flow Hedges  
Derivative Instruments, Gain (Loss) [Line Items]  
Effects Of Derivative Instruments In Hedging Relationships
The effects of derivative instruments in cash flow hedging relationships in the consolidated statements of earnings are as follows:
 
Equity (1)
 
Interest Rate (2)
 
Fiscal Year
 
Fiscal Year
(in millions)
2017

2016

2015
 
2017

2016

2015
Gain (loss) recognized in AOCI (effective portion)

$
3.7

 
$
2.0

 
$
2.1

 
$
(1.3
)
 
$

 
$

Gain (loss) reclassified from AOCI to earnings (effective portion)
(1.4
)
 
2.1

 
(1.0
)
 

 
(37.4
)
 
(45.7
)
Gain (loss) recognized in earnings (ineffective portion)
0.5

 
0.9

 
1.1

 

 

 

(1)
Location of the gain (loss) reclassified from AOCI to earnings as well as the gain (loss) recognized in earnings for the ineffective portion of the hedge is restaurant labor expenses and general and administrative expenses.
(2)
Location of the gain (loss) reclassified from AOCI to earnings as well as the gain (loss) recognized in earnings for the ineffective portion of the hedge is interest, net.
Not Designated As Hedging Instrument  
Derivative Instruments, Gain (Loss) [Line Items]  
Effects Of Derivative Instruments In Hedging Relationships
The effects of derivatives not designated as hedging instruments in the consolidated statements of earnings are as follows:
 
 
Amount of Gain (Loss)
Recognized in Earnings
(in millions)

 
Fiscal Year
Location of Gain (Loss) Recognized in Earnings on Derivatives

 
2017
 
2016
 
2015
Restaurant labor expenses
 
$
5.3

 
$
3.9

 
$
4.0

General and administrative expenses
 
8.9

 
7.5

 
9.2

Total
 
$
14.2

 
$
11.4

 
$
13.2