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v3.23.4

Note 16 - Business Segments and Related Information - Segment Reporting Information by Segment (Details) - USD ($) $ in Millions | 3 Months Ended | 6 Months Ended
--- | --- | ---
Nov. 26, 2023 | Aug. 27, 2023 | Nov. 27, 2022 | Aug. 28, 2022 | Nov. 26, 2023 | Nov. 26, 2023 | Nov. 27, 2022
Net sales | $ 3,208.1 |  | $ 3,312.9 |  | $ 6,112.1 |  | $ 6,217.2
Operating profit | 543.3 |  | 656.1 |  | 1,069.0 |  | 718.3
Equity method investment earnings | 54.3 |  | 49.3 |  | 89.8 |  | 98.5
General corporate expense | 94.8 |  | 106.5 |  | 131.5 |  | 190.0
Pension and postretirement non-service expense (income) | 0.4 |  | (6.1) |  | 0.7 |  | (12.2)
Interest expense, net | (113.3) |  | (100.3) |  | (219.3) |  | (197.4)
Income tax expense | 102.9 |  | 122.5 |  | 201.2 |  | 136.9
Net income | 286.2 |  | 382.2 |  | 606.1 | $ 606.1 | 304.7
Less: Net income attributable to noncontrolling interests | 0.0 |  | 0.3 |  | 0.2 |  | 0.3
Net of tax | 286.2 | $ 319.7 | 381.9 | $ (77.5) | 605.9 |  | 304.4
Net Sales | 3,208.1 |  | 3,312.9 |  | 6,112.1 |  | 6,217.2
Grocery And Snacks [Member] |  |  |  |  |  |  |
Net sales | 1,295.1 |  | 1,349.9 |  | 2,498.0 |  | 2,538.2
Operating profit | 279.2 |  | 340.4 |  | 537.9 |  | 590.8
Net Sales | 1,295.1 |  | 1,349.9 |  | 2,498.0 |  | 2,538.2
Refrigerated And Frozen [Member] |  |  |  |  |  |  |
Net sales | 1,338.5 |  | 1,421.5 |  | 2,490.1 |  | 2,629.1
Operating profit | 220.2 |  | 250.3 |  | 419.4 |  | 34.0
Net Sales | 1,338.5 |  | 1,421.5 |  | 2,490.1 |  | 2,629.1
International [Member] |  |  |  |  |  |  |
Net sales | 279.6 |  | 258.7 |  | 539.8 |  | 492.2
Operating profit | 5.9 |  | 36.9 |  | 29.6 |  | 63.8
Net Sales | 279.6 |  | 258.7 |  | 539.8 |  | 492.2
Foodservice [Member] |  |  |  |  |  |  |
Net sales | 294.9 |  | 282.8 |  | 584.2 |  | 557.7
Operating profit | 38.0 |  | 28.5 |  | 82.1 |  | 29.7
Net Sales | 294.9 |  | 282.8 |  | 584.2 |  | 557.7
Frozen [Member] |  |  |  |  |  |  |
Net sales | 1,106.1 |  | 1,157.5 |  | 2,054.5 |  | 2,165.9
Net Sales | 1,106.1 |  | 1,157.5 |  | 2,054.5 |  | 2,165.9
Other Shelf-stable [Member] |  |  |  |  |  |  |
Net sales | 728.0 |  | 758.4 |  | 1,424.8 |  | 1,448.5
Net Sales | 728.0 |  | 758.4 |  | 1,424.8 |  | 1,448.5
Refrigerated [Member] |  |  |  |  |  |  |
Net sales | 232.4 |  | 264.0 |  | 435.6 |  | 463.2
Net Sales | 232.4 |  | 264.0 |  | 435.6 |  | 463.2
Snacks [Member] |  |  |  |  |  |  |
Net sales | 567.1 |  | 591.5 |  | 1,073.2 |  | 1,089.7
Net Sales | 567.1 |  | 591.5 |  | 1,073.2 |  | 1,089.7
Foodservice [Member] |  |  |  |  |  |  |
Net sales | 294.9 |  | 282.8 |  | 584.2 |  | 557.7
Net Sales | 294.9 |  | 282.8 |  | 584.2 |  | 557.7
International [Member] |  |  |  |  |  |  |
Net sales | 279.6 |  | 258.7 |  | 539.8 |  | 492.2
Net Sales | $ 279.6 |  | $ 258.7 |  | $ 539.8 |  | $ 492.2

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