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Quarterly Data (Tables)
12 Months Ended
May 28, 2017
Quarterly Financial Data [Abstract]  
Schedule Of Unaudited Quarterly Data
The following table summarizes unaudited quarterly data for fiscal 2017 and fiscal 2016:  
 
Fiscal 2017 - Quarters Ended
(in millions, except per share data)
Aug. 28
 
Nov. 27
 
Feb. 26
 
May 28
 
Total
Sales
$
1,714.4

 
$
1,642.5

 
$
1,878.7

 
$
1,934.6

 
$
7,170.2

Earnings before income taxes
151.4

 
107.0

 
220.2

 
158.7

 
637.3

Earnings from continuing operations
111.1

 
79.7

 
166.3

 
125.4

 
482.5

Losses from discontinued operations, net of tax
(0.9
)
 
(0.2
)
 
(0.7
)
 
(1.6
)
 
(3.4
)
Net earnings
110.2

 
79.5

 
165.6

 
123.8

 
479.1

Basic net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.89

 
0.65

 
1.34

 
1.00

 
3.88

Losses from discontinued operations
(0.01
)
 

 
(0.01
)
 
(0.01
)
 
(0.03
)
Net earnings
0.88

 
0.65

 
1.33

 
0.99

 
3.85

Diluted net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.88

 
0.64

 
1.32

 
0.99

 
3.83

Losses from discontinued operations
(0.01
)
 

 

 
(0.01
)
 
(0.03
)
Net earnings
0.87

 
0.64

 
1.32

 
0.98

 
3.80

Dividends paid per share
0.56

 
0.56

 
0.56

 
0.56

 
2.24

Stock price:
 
 
 
 
 
 
 
 
 
High
68.68

 
74.99

 
79.43

 
89.14

 
89.14

Low
59.50

 
60.16

 
71.02

 
73.81

 
59.50

 
 
 
 
 
 
 
 
 
 
 
Fiscal 2016 - Quarters Ended
(in millions, except per share data)
Aug. 30
 
Nov. 29
 
Feb. 28
 
May 29
 
Total
Sales
$
1,687.0

 
$
1,608.8

 
$
1,847.5

 
$
1,790.2

 
$
6,933.5

Earnings before income taxes
111.8

 
24.4

 
138.1

 
175.4

 
449.7

Earnings from continuing operations
81.0

 
30.1

 
108.2

 
140.4

 
359.7

Earnings (loss) from discontinued operations, net of tax
5.4

 
13.1

 
(2.4
)
 
(0.8
)
 
15.3

Net earnings
86.4

 
43.2

 
105.8

 
139.6

 
375.0

Basic net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.64

 
0.23

 
0.85

 
1.11

 
2.82

Earnings (loss) from discontinued operations
0.04

 
0.11

 
(0.02
)
 
(0.01
)
 
0.12

Net earnings
0.68

 
0.34

 
0.83

 
1.10

 
2.94

Diluted net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.63

 
0.23

 
0.84

 
1.10

 
2.78

Earnings (loss) from discontinued operations
0.04

 
0.10

 
(0.02
)
 
(0.01
)
 
0.12

Net earnings
0.67

 
0.33

 
0.82

 
1.09

 
2.90

Dividends paid per share
0.55

 
0.55

 
0.50

 
0.50

 
2.10

Stock price:
 
 
 
 
 
 
 
 
 
High
75.60

 
72.11

 
64.90

 
68.62

 
75.60

Low
63.68

 
53.38

 
55.01

 
61.90

 
53.38