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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 6 Months Ended
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Nov. 29, 2020
Accounting Policies [Abstract] |
Schedule of Accumulated Balances for Each Component of Other Comprehensive Income (Loss), Net of Tax | The following table details the accumulated balances for each component of other comprehensive income, net of tax:
|  | November 29, 2020 |  |  | May 31, 2020 |
Currency translation losses, net of reclassification adjustments |  | $ | (99.0 | ) |  | $ | (125.7 | )
Derivative adjustments, net of reclassification adjustments |  |  | 25.0 |  |  |  | 26.3 |
Pension and postretirement benefit obligations, net of reclassification adjustments |  |  | (11.1 | ) |  |  | (10.2 | )
Accumulated other comprehensive loss |  | $ | (85.1 | ) |  | $ | (109.6 | )
Summary of Reclassifications from Accumulated Other Comprehensive Loss into Income | The following table summarizes the reclassifications from accumulated other comprehensive loss into income:
|  | Thirteen weeks ended |  |  | Affected Line Item in the Condensed Consolidated Statement of Earnings1
|  | November 29, 2020 |  |  | November 24, 2019 |  |  |
Net derivative adjustments: |  |  |  |  |  |  |  |  |  |
Cash flow hedges |  | $ | (0.7 | ) |  | $ | (0.8 | ) |  | Interest expense, net
Cash flow hedges |  |  | (0.5 | ) |  |  | — |  |  | Selling, general and administrative expenses
|  |  | (1.2 | ) |  |  | (0.8 | ) |  | Total before tax
|  |  | 0.3 |  |  |  | 0.2 |  |  | Income tax expense
|  | $ | (0.9 | ) |  | $ | (0.6 | ) |  | Net of tax
Pension and postretirement liabilities: |  |  |  |  |  |  |  |  |  |
Net prior service cost |  | $ | 0.1 |  |  | $ | 0.1 |  |  | Pension and postretirement non-service income
Net actuarial gain |  |  | (0.9 | ) |  |  | (1.1 | ) |  | Pension and postretirement non-service income
|  |  | (0.8 | ) |  |  | (1.0 | ) |  | Total before tax
|  |  | 0.2 |  |  |  | 0.3 |  |  | Income tax expense
|  | $ | (0.6 | ) |  | $ | (0.7 | ) |  | Net of tax
|  | Twenty-six weeks ended |  |  | Affected Line Item in the Condensed Consolidated Statement of Earnings1
|  | November 29, 2020 |  |  | November 24, 2019 |  |  |
Net derivative adjustment, net of tax: |  |  |  |  |  |  |  |  |  |
Cash flow hedges |  | $ | (1.6 | ) |  | $ | (1.6 | ) |  | Interest expense, net
Cash flow hedges |  |  | (0.5 | ) |  |  | — |  |  | Selling, general and administrative expenses
|  |  | (2.1 | ) |  |  | (1.6 | ) |  | Total before tax
|  |  | 0.5 |  |  |  | 0.4 |  |  | Income tax expense
|  | $ | (1.6 | ) |  | $ | (1.2 | ) |  | Net of tax
Pension and postretirement liabilities: |  |  |  |  |  |  |  |  |  |
Net prior service cost |  | $ | 0.2 |  |  | $ | 0.3 |  |  | Pension and postretirement non-service income
Net actuarial gain |  |  | (1.8 | ) |  |  | (2.3 | ) |  | Pension and postretirement non-service income
Curtailment |  |  | — |  |  |  | 0.6 |  |  | Pension and postretirement non-service income
|  |  | (1.6 | ) |  |  | (1.4 | ) |  | Total before tax
|  |  | 0.4 |  |  |  | 0.4 |  |  | Income tax expense
|  | $ | (1.2 | ) |  | $ | (1.0 | ) |  | Net of tax
1Amounts in parentheses indicate income recognized in the Condensed Consolidated Statements of Earnings.

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