XML 51 R36.htm IDEA: XBRL DOCUMENT
v3.10.0.1

INVESTMENTS IN JOINT VENTURES (Tables) | 12 Months Ended
--- | ---
May 27, 2018
Equity Method Investments and Joint Ventures [Abstract] |
Summary of Combined Financial Information | Summarized combined financial information for our equity method investments on a 100% basis is as follows:
| 2018 |  | 2017 |  | 2016
Net Sales: |  |  |  |  |
Ardent Mills | $ | 3,344.1 |  |  | $ | 3,180.0 |  |  | $ | 3,395.3 |
Others | 198.8 |  |  | 177.7 |  |  | 167.2 |
Total net sales | $ | 3,542.9 |  |  | $ | 3,357.7 |  |  | $ | 3,562.5 |
Gross margin: |  |  |  |  |  |
Ardent Mills | $ | 386.5 |  |  | $ | 340.3 |  |  | $ | 339.2 |
Others | 34.8 |  |  | 34.6 |  |  | 32.8 |
Total gross margin | $ | 421.3 |  |  | $ | 374.9 |  |  | $ | 372.0 |
Earnings after income taxes: |  |  |  |  |  |
Ardent Mills | $ | 197.0 |  |  | $ | 152.0 |  |  | $ | 142.9 |
Others | 10.1 |  |  | 10.1 |  |  | 6.4 |
Total earnings after income taxes | $ | 207.1 |  |  | $ | 162.1 |  |  | $ | 149.3 |
| May 27, 2018 |  | May 28, 2017
Ardent Mills: |  |  |
Current assets | $ | 974.6 |  |  | $ | 937.2 |
Noncurrent assets | 1,675.7 |  |  | 1,694.2 |
Current liabilities | 355.6 |  |  | 388.9 |
Noncurrent liabilities | 510.9 |  |  | 518.0 |
Others: |  |  |
Current assets | $ | 76.4 |  |  | $ | 75.5 |
Noncurrent assets | 15.5 |  |  | 12.2 |
Current liabilities | 37.5 |  |  | 44.5 |
Noncurrent liabilities | 0.1 |  |  | — |

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration