XML 49 R34.htm IDEA: XBRL DOCUMENT
v3.19.2

RESTRUCTURING ACTIVITIES (Tables) | 12 Months Ended
--- | ---
May 26, 2019
Restructuring and Related Activities [Abstract] |
Schedule of Pre-Tax Expenses in Association with the Restructuring Plan | We anticipate that we will recognize the following pre-tax expenses in association with the Pinnacle Integration Restructuring Plan (amounts include charges recognized from plan inception through the end of fiscal 2019):
| International |  | Pinnacle Foods |  | Corporate |  | Total
Other cost of goods sold | $ | — |  |  | $ | 5.7 |  |  | $ | — |  |  | $ | 5.7 |
Total cost of goods sold | — |  |  | 5.7 |  |  | — |  |  | 5.7 |
Severance and related costs | 0.7 |  |  | 0.6 |  |  | 116.8 |  |  | 118.1 |
Accelerated depreciation | — |  |  | — |  |  | 6.1 |  |  | 6.1 |
Contract/lease termination | — |  |  | 0.8 |  |  | 19.8 |  |  | 20.6 |
Consulting/professional fees | 0.2 |  |  | — |  |  | 96.1 |  |  | 96.3 |
Other selling, general and administrative expenses | 0.1 |  |  | — |  |  | 13.2 |  |  | 13.3 |
Total selling, general and administrative expenses | 1.0 |  |  | 1.4 |  |  | 252.0 |  |  | 254.4 |
Consolidated total | $ | 1.0 |  |  | $ | 7.1 |  |  | $ | 252.0 |  |  | $ | 260.1 |
During fiscal 2019, we recognized the following pre-tax expenses for the Pinnacle Integration Restructuring Plan:
| International |  | Pinnacle Foods |  | Corporate |  | Total
Other cost of goods sold | $ | — |  |  | $ | 3.7 |  |  | $ | — |  |  | $ | 3.7 |
Total cost of goods sold | — |  |  | 3.7 |  |  | — |  |  | 3.7 |
Severance and related costs | 0.7 |  |  | 0.6 |  |  | 110.8 |  |  | 112.1 |
Accelerated depreciation | — |  |  | — |  |  | 4.7 |  |  | 4.7 |
Contract/lease termination | — |  |  | 0.8 |  |  | 0.3 |  |  | 1.1 |
Consulting/professional fees | 0.2 |  |  | — |  |  | 38.1 |  |  | 38.3 |
Other selling, general and administrative expenses | 0.1 |  |  | — |  |  | 8.2 |  |  | 8.3 |
Total selling, general and administrative expenses | 1.0 |  |  | 1.4 |  |  | 162.1 |  |  | 164.5 |
Consolidated total | $ | 1.0 |  |  | $ | 5.1 |  |  | $ | 162.1 |  |  | $ | 168.2 |
Schedule of Liabilities Recorded for the Restructuring Plan | Liabilities recorded for the Pinnacle Integration Restructuring Plan and changes therein for fiscal 2019 were as follows:
| Balance at May 27, 2018 |  | Costs Incurred and Charged to Expense |  | Costs Paid or Otherwise Settled |  | Changes in Estimates |  | Balance at May 26, 2019
Severance and related costs | $ | — |  |  | $ | 121.2 |  |  | $ | (35.2 | ) |  | $ | (9.1 | ) |  | $ | 76.9 |
Contract/lease termination | — |  |  | 1.1 |  |  | (0.1 | ) |  | — |  |  | 1.0 |
Consulting/professional fees | — |  |  | 38.3 |  |  | (19.9 | ) |  | — |  |  | 18.4 |
Other costs | — |  |  | 12.0 |  |  | (10.8 | ) |  | — |  |  | 1.2 |
Total | $ | — |  |  | $ | 172.6 |  |  | $ | (66.0 | ) |  | $ | (9.1 | ) |  | $ | 97.5 |

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

X
- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140864-122747 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringAndRelatedCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -URI http://asc.fasb.org/extlink&oid=6394359&loc=d3e17939-110869 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -URI http://asc.fasb.org/extlink&oid=115931487&loc=d3e140904-122747 + Details
Name: | us-gaap_ScheduleOfRestructuringReserveByTypeOfCostTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration