Income Taxes (Schedule of deferred tax assets and liabilities) (Details) - USD ($) $ in Millions	May 30, 2021	May 31, 2020
Tax effects of temporary differences that give rise to deferred tax assets and liabilities [Abstract]
Accrued liabilities	$ 58.5	$ 61.8
Compensation and employee benefits	198.7	171.4
Unrealized hedges	16.3	0.0
Pension	61.4	148.2
Tax credit carryforwards	22.7	12.5
Stock, partnership, and miscellaneous investments	46.3	80.2
Capital losses	67.3	65.9
Net operating losses	160.5	146.6
Other	93.4	87.0
Gross deferred tax assets	725.1	773.6
Valuation allowance	229.2	214.2
Net deferred tax assets	495.9	559.4
Brands	1,413.8	1,415.0
Fixed assets	412.7	378.3
Intangible assets	256.2	246.8
Tax lease transactions	18.8	21.5
Inventories	36.2	33.0
Stock, partnership, and miscellaneous investments	364.0	338.1
Unrealized hedges	0.0	22.4
Other	112.6	51.4
Gross deferred tax liabilities	2,614.3	2,506.5
Net deferred tax liability	$ 2,118.4	$ 1,947.1

The tax effect as of the balance sheet date of the amount of the estimated future tax deductions arising from unrealized losses on capital investments which can only be deducted for tax purposes when the losses are realized, and which can only be realized if sufficient tax-basis income of the appropriate character is generated in future periods to enable the deduction to be taken.

No definition available.