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Note 5 - Derivative Financial Instruments (Tables) | 6 Months Ended
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Nov. 27, 2022
Notes Tables |
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block] |
|  | November 27, 2022 |  |  | May 29, 2022 |
Prepaid expenses and other current assets |  | $ | 11.6 |  |  | $ | 7.0 |
Other accrued liabilities |  |  | 1.5 |  |  |  | 2.2 |
Schedule of Derivative Instruments In Statement of Financial Position Gross Fair Value [Table Text Block] |
| Derivative Assets |  | Derivative Liabilities |
| Balance Sheet Location |  | Fair Value |  | Balance Sheet Location |  | Fair Value |
Commodity contracts | Prepaid expenses and other current assets |  | $ | 8.4 |  | Other accrued liabilities |  | $ | 0.3 |
Foreign exchange contracts | Prepaid expenses and other current assets |  |  | 2.5 |  | Other accrued liabilities |  |  | 1.6 |
Total derivatives not designated as hedging instruments |  | $ | 10.9 |  |  |  | $ | 1.9 |
| Derivative Assets |  |  | Derivative Liabilities |
| Balance Sheet Location |  |  | Fair Value |  |  | Balance Sheet Location |  |  | Fair Value |
Commodity contracts | Prepaid expenses and other current assets |  |  | $ | 26.8 |  |  | Other accrued liabilities |  |  | $ | 16.1 |
Foreign exchange contracts | Prepaid expenses and other current assets |  |  |  | 0.3 |  |  | Other accrued liabilities |  |  |  | 2.2 |
Total derivatives not designated as hedging instruments |  |  | $ | 27.1 |  |  |  |  |  | $ | 18.3 |
Derivative Instruments, Gain (Loss) [Table Text Block] |
| Location in Condensed Consolidated |  | Gains Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Thirteen Weeks Ended |
Derivatives Not Designated as Hedging Instruments | Statements of Earnings of Gains Recognized on Derivatives |  | November 27, 2022 |  |  | November 28, 2021 |
Commodity contracts | Cost of goods sold |  | $ | 3.7 |  |  | $ | 4.6 |
Foreign exchange contracts | Cost of goods sold |  |  | 1.6 |  |  |  | 2.4 |
Total gains from derivative instruments not designated as hedging instruments |  | $ | 5.3 |  |  | $ | 7.0 |
|  | Location in Condensed Consolidated |  | Gains Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Twenty-Six Weeks Ended |
Derivatives Not Designated as Hedging Instruments |  | Statements of Earnings of Gains Recognized on Derivatives |  | November 27, 2022 |  |  | November 28, 2021 |
Commodity contracts |  | Cost of goods sold |  | $ | 10.0 |  |  | $ | 8.8 |
Foreign exchange contracts |  | Cost of goods sold |  |  | 4.8 |  |  |  | 8.4 |
Total gains from derivative instruments not designated as hedging instruments |  | $ | 14.8 |  |  | $ | 17.2 |

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- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4E -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624181-113959 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5618551-113959 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624171-113959 + Details
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- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI https://asc.fasb.org/extlink&oid=125515794&loc=SL5624163-113959 + Details
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