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Derivative Instruments and Hedging Activities (Tables)
 9 Months Ended
Feb. 24, 2019
Derivative [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)
 
February 24, 2019
 
February 24,
2019
 
May 27,
2018
 
February 24,
2019
 
May 27,
2018
Equity forwards:
 
 
 
 
 
 
 
 
 
 
 
 
 
Designated
0.4
 
$89.56
 
$
34.2

 
$
—

 
$
0.2

 
$
0.2

 
$
—

Not designated
0.6
 
$75.79
 
$
43.4

 
—

 
0.4

 
0.2

 
—

Total equity forwards
$
—

 
$
0.6

 
$
0.4

 
$
—

Commodity contracts
N/A
 
N/A
 
$
7.7

 
$
—

 
$
0.5

 
$
—

 
$
—

Total derivative contracts
 
$
—

 
$
1.1

 
$
0.4

 
$
—

 
(1)
Derivative assets and liabilities are included in receivables, net and other current liabilities, as applicable, on our consolidated balance sheets.
Notional Values 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)
 
February 24, 2019
 
February 24,
2019
 
May 27,
2018
 
February 24,
2019
 
May 27,
2018
Equity forwards:
 
 
 
 
 
 
 
 
 
 
 
 
 
Designated
0.4
 
$89.56
 
$
34.2

 
$
—

 
$
0.2

 
$
0.2

 
$
—

Not designated
0.6
 
$75.79
 
$
43.4

 
—

 
0.4

 
0.2

 
—

Total equity forwards
$
—

 
$
0.6

 
$
0.4

 
$
—

Commodity contracts
N/A
 
N/A
 
$
7.7

 
$
—

 
$
0.5

 
$
—

 
$
—

Total derivative contracts
 
$
—

 
$
1.1

 
$
0.4

 
$
—

 
(1)
Derivative assets and liabilities are included in receivables, net and other current liabilities, as applicable, on our consolidated balance sheets.
Cash Flow Hedging  
Derivative [Line Items]  
Effects of Derivative Instruments in Hedging Relationships
The effects of derivative instruments accounted for as cash flow hedging instruments in the consolidated statements of earnings are as follows:
 
 
Amount of Gain (Loss) Recognized in AOCI (effective portion)
 
Amount of Gain (Loss) Reclassified from AOCI to Earnings (effective portion)
 
Amount of Gain (Loss) Recognized in Earnings (ineffective portion)
 
 
Three Months Ended
 
Three Months Ended
 
Three Months Ended
(in millions)
 
February 24,
2019
 
February 25,
2018
 
February 24,
2019
 
February 25,
2018
 
February 24,
2019
 
February 25,
2018
Equity (1)
 
$
(1.4
)
 
$
3.5

 
$
—

 
$
—

 
$
(0.2
)
 
$
—

Commodity (2)
 
(0.1
)
 
0.2

 
0.5

 
0.2

 
—

 
—

Interest rate (3)
 
—

 
—

 
—

 
(0.1
)
 
—

 
—

Total
 
$
(1.5
)
 
$
3.7

 
$
0.5

 
$
0.1

 
$
(0.2
)
 
$
—

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amount of Gain (Loss) Recognized in AOCI (effective portion)
 
Amount of Gain (Loss) Reclassified from AOCI to Earnings (effective portion)
 
Amount of Gain (Loss) Recognized in Earnings (ineffective portion)
 
 
Nine Months Ended
 
Nine Months Ended
 
Nine Months Ended
(in millions)
 
February 24,
2019
 
February 25,
2018
 
February 24,
2019
 
February 25,
2018
 
February 24,
2019
 
February 25,
2018
Equity (1)
 
$
9.6

 
$
(1.3
)
 
$
4.9

 
$
(0.2
)
 
$
(0.5
)
 
$
0.1

Commodity (2)
 
0.4

 
0.5

 
0.9

 
0.2

 
—

 
—

Interest rate (3)
 
—

 
—

 
(0.1
)
 
(0.1
)
 
—

 
—

Total
 
$
10.0

 
$
(0.8
)
 
$
5.7

 
$
(0.1
)
 
$
(0.5
)
 
$
0.1



(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 food and beverage costs and restaurant expenses.
(3)
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 Instruments  
Derivative [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)
Three Months Ended
 
Nine Months Ended
Location of Gain (Loss) Recognized in Earnings on Derivatives
February 24, 2019
 
February 25, 2018
 
February 24, 2019
 
February 25, 2018
Restaurant labor expenses
 
$
0.8

 
$
3.3

 
$
8.1

 
$
2.7

General and administrative expenses
 
0.7

 
5.5

 
10.9

 
4.2

Total
 
$
1.5

 
$
8.8

 
$
19.0

 
$
6.9