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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 3 Months Ended
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Aug. 29, 2021
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 (loss), net of tax:
|  | August 29, 2021 |  |  | May 30, 2021 |
Currency translation losses, net of reclassification adjustments |  | $ | (91.5 | ) |  | $ | (77.1 | )
Derivative adjustments, net of reclassification adjustments |  |  | 22.2 |  |  |  | 24.3 |
Pension and postretirement benefit obligations, net of reclassification adjustments |  |  | 59.9 |  |  |  | 58.6 |
Accumulated other comprehensive income (loss) |  | $ | (9.4 | ) |  | $ | 5.8 |
Summary of Reclassifications from Accumulated Other Comprehensive Income (Loss) into Income | The following table summarizes the reclassifications from accumulated other comprehensive income (loss) into income:
|  | Thirteen weeks ended |  |  | Affected Line Item in the Condensed Consolidated Statement of Earnings1
|  | August 29, 2021 |  |  | August 30, 2020 |  |  |
Net derivative adjustments: |  |  |  |  |  |  |  |  |  |
Cash flow hedges |  | $ | (0.8 | ) |  | $ | (0.9 | ) |  | Interest expense, net
Cash flow hedges |  |  | 0.5 |  |  |  | — |  |  | Equity method investment earnings
|  |  | (0.3 | ) |  |  | (0.9 | ) |  | Total before tax
|  |  | 0.1 |  |  |  | 0.2 |  |  | Income tax expense
|  | $ | (0.2 | ) |  | $ | (0.7 | ) |  | Net of tax
Pension and postretirement liabilities: |  |  |  |  |  |  |  |  |  |
Net prior service cost |  | $ | — |  |  | $ | 0.1 |  |  | Pension and postretirement non-service income
Net actuarial gain |  |  | (0.8 | ) |  |  | (0.9 | ) |  | Pension and postretirement non-service income
|  |  | (0.8 | ) |  |  | (0.8 | ) |  | Total before tax
|  |  | 0.2 |  |  |  | 0.2 |  |  | Income tax expense
|  | $ | (0.6 | ) |  | $ | (0.6 | ) |  | Net of tax
1Amounts in parentheses indicate income recognized in the Condensed Consolidated Statements of Earnings.

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
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