The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of November 23, 2025: | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Net Value | Assets: | | | | | | | | | | | | | Derivative assets | | $ | 3.6 | | $ | 3.5 | | $ | — | | $ | 7.1 | Deferred compensation assets | | | 6.3 | | | — | | | — | | | 6.3 | Available-for-sale debt securities | | | — | | | — | | | 2.0 | | | 2.0 | Total assets | | $ | 9.9 | | $ | 3.5 | | $ | 2.0 | | $ | 15.4 | Liabilities: | | | | | | | | | | | | | Derivative liabilities | | $ | — | | $ | 1.7 | | $ | — | | $ | 1.7 | Deferred compensation liabilities | | | 79.7 | | | — | | | — | | | 79.7 | Total liabilities | | $ | 79.7 | | $ | 1.7 | | $ | — | | $ | 81.4 |
The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 25, 2025: | | | | | | | | | | | | | | | Level 1 | | Level 2 | | Level 3 | | Net Value | Assets: | | | | | | | | | | | | | Derivative assets | | $ | 4.7 | | $ | — | | $ | — | | $ | 4.7 | Deferred compensation assets | | | 6.0 | | | — | | | — | | | 6.0 | Available-for-sale debt securities | | | — | | | — | | | 2.2 | | | 2.2 | Total assets | | $ | 10.7 | | $ | — | | $ | 2.2 | | $ | 12.9 | Liabilities: | | | | | | | | | | | | | Derivative liabilities | | $ | — | | $ | 5.1 | | $ | — | | $ | 5.1 | Deferred compensation liabilities | | | 70.9 | | | — | | | — | | | 70.9 | Total liabilities | | $ | 70.9 | | $ | 5.1 | | $ | — | | $ | 76.0 |
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