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GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables) | 12 Months Ended
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May 31, 2020
Goodwill And Intangible Assets Disclosure [Abstract] |
Schedule of Change in Carrying Amount of Goodwill | The change in the carrying amount of goodwill for fiscal 2020 and 2019 was as follows:
|  | Grocery & Snacks |  |  | Refrigerated & Frozen |  |  | International |  |  | Foodservice |  |  | Total |
Balance as of May 27, 2018 |  | $ | 2,582.5 |  |  | $ | 1,080.6 |  |  | $ | 242.9 |  |  | $ | 571.1 |  |  | $ | 4,477.1 |
Acquisitions |  |  | 2,157.3 |  |  |  | 4,561.8 |  |  |  | 61.3 |  |  |  | 181.6 |  |  |  | 6,962.0 |
Purchase accounting adjustments |  |  | 1.5 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1.5 |
Currency translation |  |  | — |  |  |  | — |  |  |  | (5.2 | ) |  |  | — |  |  |  | (5.2 | )
Balance as of May 26, 2019 |  | $ | 4,741.3 |  |  | $ | 5,642.4 |  |  | $ | 299.0 |  |  | $ | 752.7 |  |  | $ | 11,435.4 |
Purchase accounting adjustments |  |  | 3.5 |  |  |  | 5.9 |  |  |  | 0.7 |  |  |  | — |  |  |  | 10.1 |
Currency translation |  |  | — |  |  |  | — |  |  |  | (9.2 | ) |  |  | — |  |  |  | (9.2 | )
Balance as of May 31, 2020 |  | $ | 4,744.8 |  |  | $ | 5,648.3 |  |  | $ | 290.5 |  |  | $ | 752.7 |  |  | $ | 11,436.3 |
Schedule of Other Identifiable Intangible Assets | Other identifiable intangible assets were as follows:
|  | 2020 |  |  | 2019 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Non-amortizing intangible assets |  | $ | 3,396.1 |  |  | $ | — |  |  | $ | 3,559.6 |  |  | $ | — |
Amortizing intangible assets |  |  | 1,239.4 |  |  |  | 319.8 |  |  |  | 1,239.9 |  |  |  | 260.2 |
|  | $ | 4,635.5 |  |  | $ | 319.8 |  |  | $ | 4,799.5 |  |  | $ | 260.2 |
Schedule of Estimated Fair Value in Excess of Carrying Value | Several of our reporting units have an estimated fair value substantially in excess of the carrying value. Three of our reporting units with aggregate goodwill of $3.49 billion have an estimated fair value that exceeds the respective carrying value as of our most recent quantitative testing date in the first quarter of fiscal 2020 as follows:
|  | Carrying Value of Goodwill |  |  | Excess Fair Value as of Fiscal 2020 Test Date |
Sides, Components, Enhancers (part of Refrigerated & Frozen segment) |  | $ | 2,636.6 |  |  |  | 18.1 | %
Foodservice |  |  | 752.7 |  |  |  | 36.7 | %
Canada (part of International segment) |  |  | 96.2 |  |  |  | 32.0 | %
Schedule of Estimated Amortization Expense of Intangible Assets | Amortizing intangible assets, carrying a remaining weighted-average life of approximately 20 years, are principally composed of customer relationships and acquired intellectual property. For fiscal 2020, 2019, and 2018, we recognized amortization expense of $59.8 million, $49.1 million, and $34.9 million, respectively. Based on amortizing assets recognized in our Consolidated Balance Sheet as of May 31, 2020, amortization expense for the next five years is estimated to be as follows:
2021 |  | $ | 59.7 |
2022 |  |  | 59.7 |
2023 |  |  | 57.4 |
2024 |  |  | 54.1 |
2025 |  |  | 53.9 |

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- Definition Tabular disclosure of the characteristics, including initial carrying value, residual amount, weighted average useful life, of finite-lived intangible assets acquired during the period by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by nature or by their use in the operations of the company. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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