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GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS (Tables) | 12 Months Ended
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May 26, 2024
GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS |
Schedule of change in carrying amount of goodwill | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Grocery & | ​ | Refrigerated & | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Snacks |  | Frozen |  | International |  | Foodservice |  | Total
Balance as of May 29, 2022 | ​ | $ | 4,692.4 | ​ | $ | 5,611.2 | ​ | $ | 218.8 | ​ | $ | 732.8 | ​ | $ | 11,255.2
Currency translation | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (4.1) | ​ | ​ | — | ​ | ​ | (4.1)
Impairment | ​ | ​ | — | ​ | ​ | (141.7) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (141.7)
Balance as of May 28, 2023 | ​ | $ | 4,692.4 | ​ | $ | 5,469.5 | ​ | $ | 214.7 | ​ | $ | 732.8 | ​ | $ | 11,109.4
Currency translation | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (0.2) | ​ | ​ | — | ​ | ​ | (0.2)
Impairment | ​ | ​ | — | ​ | ​ | (526.5) | ​ | ​ | — | ​ | ​ | — | ​ | ​ | (526.5)
Balance as of May 26, 2024 | ​ | $ | 4,692.4 | ​ | $ | 4,943.0 | ​ | $ | 214.5 | ​ | $ | 732.8 | ​ | $ | 10,582.7
Schedule of other identifiable intangible assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | 2024 |  | 2023
​ | ​ | Gross Carrying | ​ | Accumulated | ​ | Gross Carrying | ​ | Accumulated
​ |  | Amount |  | Amortization |  | Amount |  | Amortization
Non-amortizing intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Brands and trademarks | ​ | $ | 2,026.8 | ​ | $ | — | ​ | $ | 2,457.0 | ​ | $ | —
Amortizing intangible assets | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Customer relationships and intellectual property | ​ | ​ | 1,232.1 | ​ | ​ | 550.5 | ​ | ​ | 1,232.0 | ​ | ​ | 496.7
​ | ​ | $ | 3,258.9 | ​ | $ | 550.5 | ​ | $ | 3,689.0 | ​ | $ | 496.7
Schedule of future amortization expense | ​
​ | ​ | ​ | ​
2025 | ​ | $ | 53.5
2026 | ​ | ​ | 43.5
2027 | ​ | ​ | 43.3
2028 | ​ | ​ | 40.8
2029 | ​ | ​ | 39.6

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