Stockholders' Equity (Tables)

3 Months Ended

Aug. 25, 2019

Stockholders' Equity Note [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss), net of tax, for the quarter ended August 25, 2019 are as follows:

(in millions)	Foreign Currency Translation Adjustment			Unrealized Gains (Losses) on Derivatives			Benefit Plan Funding Position			Accumulated Other Comprehensive Income (Loss)
Balance at May 26, 2019	$	(1.0	)	$	9.0		$	(106.2	)	$	(98.2	)
Gain (loss)	—			(2.2		)	—			(2.2		)
Reclassification realized in net earnings	—			(0.7		)	0.1			(0.6		)
Balance at August 25, 2019	$	(1.0	)	$	6.1		$	(106.1	)	$	(101.0	)

The components of accumulated other comprehensive income (loss), net of tax, for the quarter ended August 26, 2018 are as follows:

(in millions)	Foreign Currency Translation Adjustment			Unrealized Gains (Losses) on Derivatives			Benefit Plan Funding Position			Accumulated Other Comprehensive Income (Loss)
Balance at May 27, 2018	$	(1.6	)	$	3.4		$	(87.0	)	$	(85.2	)
Gain (loss)	0.4			13.7			—			14.1
Reclassification realized in net earnings	—			(5.1		)	(0.2		)	(5.3		)
Balance at August 26, 2018	$	(1.2	)	$	12.0		$	(87.2	)	$	(76.4	)

Reclassification out of Accumulated Other Comprehensive Income

The following table presents the amounts and line items in our consolidated statements of earnings where adjustments reclassified from AOCI into net earnings were recorded:

		Amount Reclassified from AOCI into Net Earnings
		Three Months Ended
(in millions) AOCI Components	Location of Gain (Loss) Recognized in Earnings	August 25, 2019			August 26, 2018
Derivatives
Commodity contracts	(1)	$	(0.4	)	$	0.2
Equity contracts	(2)	1.0			4.9
Total before tax		$	0.6		$	5.1
Tax (expense) benefit		0.1			—
Net of tax		$	0.7		$	5.1
Benefit plan funding position
Recognized net actuarial loss - pension/postretirement plans	(3)	$	(0.9	)	$	(0.6	)
Recognized net actuarial gain - other plans	(4)	0.8			0.8
Total before tax		$	(0.1	)	$	0.2
Tax (expense) benefit		—			—
Net of tax		$	(0.1	)	$	0.2

(1) Primarily included in food and beverage costs and restaurant expenses. See Note 11 for additional details.

(2) For fiscal 2020, included in general and administrative expenses. For fiscal 2019, included in restaurant labor costs and general and administrative expenses. See Note 11 for additional details.

(3) Included in the computation of net periodic benefit costs - pension and postretirement plans, which is a component of restaurant labor expenses and general and administrative expenses. See Note 9 for additional details.

(4)

Included in the computation of net periodic benefit costs - other plans, which is a component of general and administrative expenses.