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Note 7 - Goodwill and Other Identifiable Intangible Assets (Tables) | 12 Months Ended
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May 29, 2022
Notes Tables |
Schedule of Goodwill [Table Text Block] |
|  | Grocery & Snacks |  |  | Refrigerated & Frozen |  |  | International |  |  | Foodservice |  |  | Total |
Balance as of May 31, 2020 |  | $ | 4,692.4 |  |  | $ | 5,611.2 |  |  | $ | 290.5 |  |  | $ | 732.8 |  |  | $ | 11,326.9 |
Currency translation |  |  | — |  |  |  | — |  |  |  | 12.0 |  |  |  | — |  |  |  | 12.0 |
Balance as of May 30, 2021 |  | $ | 4,692.4 |  |  | $ | 5,611.2 |  |  | $ | 302.5 |  |  | $ | 732.8 |  |  | $ | 11,338.9 |
Currency translation |  |  | — |  |  |  | — |  |  |  | (9.7 | ) |  |  | — |  |  |  | (9.7 | )
Balance as of May 29, 2022 |  | $ | 4,692.4 |  |  | $ | 5,611.2 |  |  | $ | 292.8 |  |  | $ | 732.8 |  |  | $ | 11,329.2 |
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block] |
|  | 2022 |  |  | 2021 |
|  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |
Non-amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Brands and trademarks |  | $ | 3,061.6 |  |  | $ | — |  |  | $ | 3,273.1 |  |  | $ | — |
Amortizing intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Customer relationships and intellectual property |  |  | 1,228.0 |  |  |  | 436.5 |  |  |  | 1,228.8 |  |  |  | 377.3 |
|  | $ | 4,289.6 |  |  | $ | 436.5 |  |  | $ | 4,501.9 |  |  | $ | 377.3 |
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block] |
2023 |  | $ | 56.9 |
2024 |  |  | 53.6 |
2025 |  |  | 53.5 |
2026 |  |  | 43.5 |
2027 |  |  | 43.3 |

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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 https://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
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