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Quarterly Data (Tables)
12 Months Ended
May 27, 2018
Quarterly Financial Data [Abstract]  
Schedule Of Unaudited Quarterly Data
The following table summarizes unaudited quarterly data for fiscal 2018 and fiscal 2017:  
 
Fiscal 2018 - Quarters Ended
(in millions, except per share data)
Aug. 27
 
Nov. 26
 
Feb. 25
 
May 27
 
Total
Sales
$
1,936.1

 
$
1,881.5

 
$
2,128.4

 
$
2,134.1

 
$
8,080.1

Earnings before income taxes
159.5

 
113.4

 
116.0

 
216.8

 
605.7

Earnings from continuing operations
121.3

 
88.6

 
218.5

 
175.4

 
603.8

Losses from discontinued operations, net of tax
(2.3
)
 
(3.9
)
 
(0.7
)
 
(0.9
)
 
(7.8
)
Net earnings
119.0

 
84.7

 
217.8

 
174.5

 
596.0

Basic net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.97

 
0.72

 
1.77

 
1.42

 
4.87

Losses from discontinued operations
(0.02
)
 
(0.03
)
 
(0.01
)
 
(0.01
)
 
(0.06
)
Net earnings
0.95

 
0.69

 
1.76

 
1.41

 
4.81

Diluted net earnings per share:
 
 
 
 
 
 
 
 
 
Earnings from continuing operations
0.95

 
0.71

 
1.74

 
1.40

 
4.79

Losses from discontinued operations
(0.02
)
 
(0.04
)
 
(0.01
)
 
(0.01
)
 
(0.06
)
Net earnings
0.93

 
0.67

 
1.73

 
1.39

 
4.73

Dividends paid per share
0.63

 
0.63

 
0.63

 
0.63

 
2.52

Stock price:
 
 
 
 
 
 
 
 
 
High
95.22

 
85.56

 
100.11

 
96.97

 
100.11

Low
80.98

 
76.27

 
79.88

 
82.38

 
76.27

 
 
 
 
 
 
 
 
 
 
 
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