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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
May 30, 2021
May 31, 2020
May 26, 2019
Cash Flows - Operating Activities      
Net earnings, including earnings attributable to redeemable and noncontrolling interests $ 2,346.0 $ 2,210.8 $ 1,786.2
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 601.3 594.7 620.1
After-tax earnings from joint ventures (117.7) (91.1) (72.0)
Distributions of earnings from joint ventures 95.2 76.5 86.7
Stock-based compensation 89.9 94.9 84.9
Deferred income taxes 118.8 (29.6) 93.5
Pension and other postretirement benefit plan contributions (33.4) (31.1) (28.8)
Pension and other postretirement benefit plan costs (33.6) (32.3) 6.1
Divestitures loss 53.5 0.0 30.0
Restructuring, impairment, and other exit costs 150.9 43.6 235.7
Changes in current assets and liabilities, excluding the effects of divestitures (155.9) 793.9 (7.5)
Other, net (131.8) 45.9 (27.9)
Net cash provided by operating activities 2,983.2 3,676.2 2,807.0
Cash Flows - Investing Activities      
Purchases of land, buildings, and equipment (530.8) (460.8) (537.6)
Investments in affiliates, net 15.5 (48.0) 0.1
Proceeds from disposal of land, buildings, and equipment 2.7 1.7 14.3
Proceeds from divestitures 2.9 0.0 26.4
Other, net (3.1) 20.9 (59.7)
Net cash provided (used) by investing activities (512.8) (486.2) (556.5)
Cash Flows - Financing Activities      
Change in notes payable 71.7 (1,158.6) (66.3)
Issuance of long-term debt 1,576.5 1,638.1 339.1
Payment of long-term debt (2,609.0) (1,396.7) (1,493.8)
Debt exchange participation incentive cash payment (201.4) 0.0 0.0
Proceeds from common stock issued on exercised options 74.3 263.4 241.4
Purchases of common stock for treasury (301.4) (3.4) (1.1)
Dividends paid (1,246.4) (1,195.8) (1,181.7)
Investment in redeemable interest 0.0 0.0 55.7
Distributions to noncontrolling and redeemable interest holders (48.9) (72.5) (38.5)
Other, net (30.9) (16.0) (31.2)
Net cash used by financing activities (2,715.5) (1,941.5) (2,176.4)
Effect of exchange rate changes on cash and cash equivalents 72.5 (20.7) (23.1)
(Decrease) increase in cash and cash equivalents (172.6) 1,227.8 51.0
Cash and cash equivalents - beginning of year 1,677.8 450.0 399.0
Cash and cash equivalents - end of year 1,505.2 1,677.8 450.0
Cash Flow from Changes in Current Assets and Liabilities, excluding effects of divestitures:      
Receivables 27.9 37.9 (42.7)
Inventories (354.7) 103.1 53.7
Prepaid expenses and other current assets (42.7) 94.2 (114.3)
Accounts payable 343.1 392.5 162.4
Other current liabilities (129.5) 166.2 (66.6)
Changes in current assets and liabilities $ (155.9) $ 793.9 $ (7.5)