XML 45 R31.htm IDEA: XBRL DOCUMENT v3.21.2
Investments in Unconsolidated Joint Ventures (Tables)
12 Months Ended
May 30, 2021
Investments in Unconsolidated Joint Ventures [Abstract]  
Joint Venture Related Financial Statement Activity [Table Text Block]

In Millions

 

May 30, 2021

 

May 31, 2020

Cumulative investments

$

486.2

$

481.4

Goodwill and other intangibles

 

505.7

 

460.5

Aggregate advances included in cumulative investments

 

294.2

 

279.5

 

Fiscal Year

In Millions

 

2021

 

2020

 

2019

Sales to joint ventures

$

6.7

$

5.9

$

4.2

Net (repayments) advances

 

(15.5)

 

48.0

 

(0.1)

Dividends received

 

95.2

 

76.5

 

86.7

Summarized Joint Venture Financial Statement Activity on 100% Basis [Table Text Block]

 

Fiscal Year

In Millions

 

2021

 

2020

 

2019

Net sales:

 

 

 

 

 

 

CPW

$

1,766.8

$

1,654.3

$

1,647.7

HDJ

 

422.4

 

391.3

 

396.2

Total net sales

 

2,189.2

 

2,045.6

 

2,043.9

Gross margin

 

882.9

 

785.3

 

744.4

Earnings before income taxes

 

247.8

 

214.0

 

155.4

Earnings after income taxes

 

201.7

 

176.5

 

111.9

In Millions

May 30, 2021

May 31, 2020

Current assets

$

877.4

$

870.0

Noncurrent assets

 

927.2

 

781.4

Current liabilities

 

1,424.4

 

1,365.6

Noncurrent liabilities

 

142.2

 

104.2