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Stockholders' Equity (Tables)
 12 Months Ended
May 31, 2020
Stockholders' Equity Note [Abstract]  
Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss), net of tax, are as follows:
(in millions)
Foreign Currency Translation Adjustment
 
Unrealized Gains (Losses) on Derivatives
 
Benefit Plan Funding Position
 
Accumulated Other Comprehensive Income (Loss)
Balances at May 27, 2018
$
(1.6
)
 
$
3.4

 
$
(87.0
)
 
$
(85.2
)
Gain (loss)
0.6

 
11.0

 
(24.8
)
 
(13.2
)
Reclassification realized in net earnings
—

 
(5.4
)
 
5.6

 
0.2

Balances at May 26, 2019
$
(1.0
)

$
9.0


$
(106.2
)
 
$
(98.2
)
Gain (loss)
5.5

 
(18.3
)
 
(16.6
)
 
(29.4
)
Reclassification realized in net earnings
—

 
0.7

 
109.3

 
110.0

Balances at May 31, 2020
$
4.5

 
$
(8.6
)
 
$
(13.5
)
 
$
(17.6
)
Reclassification out of Accumulated Other Comprehensive Income
The following table presents the amounts and line items in our consolidated statements of earnings where other adjustments reclassified from AOCI into net earnings were recorded:
 
 
 
Fiscal Year Ended
(in millions)
AOCI Components
Location of Gain (Loss) Recognized in Earnings
 
May 31,
2020
 
May 26,
2019
Derivatives
 
 
 
 
 
Commodity contracts
(1)
 
$
(2.3
)
 
$
0.7

Equity contracts
(2)
 
1.0

 
4.9

Interest rate contracts
(3)
 
(0.1
)
 
(0.1
)
 
Total before tax
 
$
(1.4
)
 
$
5.5

 
Tax benefit (expense)
 
0.7

 
(0.1
)
 
Net of tax
 
$
(0.7
)
 
$
5.4

Benefit plan funding position
 
 
 
 
 
Pension/postretirement plans
 
 
 
 
 
Actuarial losses
(4)
 
$
(148.9
)
 
$
(2.5
)
Total - pension/postretirement plans
 
 
$
(148.9
)
 
$
(2.5
)
Recognized net actuarial gain - other plans
(5)
 
3.3

 
3.3

 
Total before tax
 
$
(145.6
)
 
$
0.8

 
Tax benefit (expense)
 
36.3

 
(6.4
)
 
Net of tax
 
$
(109.3
)
 
$
(5.6
)
(1)
Primarily included in food and beverage costs and restaurant expenses. See Note 7 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 7 for additional details.
(3)
Included in interest, net, on our consolidated statements of earnings.
(4)
Included in the computation of net periodic benefit costs - pension and postretirement plans, which is a component of other (income) expense, net, restaurant labor expenses and general and administrative expenses. See Note 13 for additional details.
(5)
Included in the computation of net periodic benefit costs - other plans, which is a component of general and administrative expenses.