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GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS
3 Months Ended
Aug. 24, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS GOODWILL AND OTHER IDENTIFIABLE INTANGIBLE ASSETS
The following table presents changes in goodwill balances, by segment, for the thirteen weeks ended August 24, 2025:
(in millions)North AmericaInternationalTotal
Balance at May 25, 2025$753.2 $337.0 $1,090.2 
Foreign currency translation adjustment16.3 7.2 23.5 
Balance at August 24, 2025$769.5 $344.2 $1,113.7 
Other identifiable intangible assets were as follows:
August 24, 2025May 25, 2025
(in millions, except useful lives)Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Intangible
Assets, Net
Weighted
Average
Useful Life
(in years)
Gross
Carrying
Amount
Accumulated
Amortization
Intangible
Assets, Net
Non-amortizing intangible assets (a)n/a$18.0 $— $18.0 n/a$18.0 $— $18.0 
Amortizing intangible assets (b)13143.8 (47.3)96.5 13140.8 (44.8)96.0 
$161.8 $(47.3)$114.5 $158.8 $(44.8)$114.0 
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(a)Non-amortizing intangible assets represent brands and trademarks.
(b)Amortizing intangible assets are principally composed of licensing agreements, brands, and customer relationships. Foreign intangible assets are affected by foreign currency translation.