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Stockholders' Equity (Tables)
3 Months Ended
Aug. 30, 2020
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 30, 2020 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 31, 2020
 
$
4.5

 
$
(8.6
)
 
$
(13.5
)
 
$
(17.6
)
Gain (loss)
 
0.2

 
4.4

 

 
4.6

Reclassification realized in net earnings
 

 
0.1

 
0.4

 
0.5

Balance at August 30, 2020
 
$
4.7

 
$
(4.1
)
 
$
(13.1
)
 
$
(12.5
)

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
)

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 30,
2020
 
August 25,
2019
Derivatives
 
 
 
 
 
Commodity contracts
(1)
 
$
(0.5
)
 
$
(0.4
)
Equity contracts
(2)
 
0.4

 
1.0

Total before tax
 
 
$
(0.1
)
 
$
0.6

Tax (expense) benefit
 
 

 
0.1

Net of tax
 
 
$
(0.1
)
 
$
0.7

 
 
 
 
 
 
Benefit plan funding position
 
 
 
 
 
Recognized net actuarial loss - pension/postretirement plans
(3)
 
$

 
$
(0.9
)
Recognized net actuarial gain (loss) - other plans
(4)
 
(0.5
)
 
0.8

Total before tax
 
 
$
(0.5
)
 
$
(0.1
)
Tax (expense) benefit
 
 
0.1

 

Net of tax
 
 
$
(0.4
)
 
$
(0.1
)

(1)
Primarily included in food and beverage costs and restaurant expenses. See Note 9 for additional details.
(2)
Included in general and administrative expenses. See Note 9 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 and other (income) expense, net.
(4)
Included in the computation of net periodic benefit costs - other plans, which is a component of general and administrative expenses.