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RESTRUCTURING (Tables)

3 Months Ended

Aug. 24, 2025

Restructuring and Related Activities [Abstract]

Schedule of Restructuring and Related Costs

(in millions)						Thirteen Weeks Ended August 24, 2025
Expenses related to: (a)						Restructuring Plan						Cost Savings Program						Total
Accelerated depreciation, retirement of assets, and other plant charges (b)						$	1.8					$	—					$	1.8
Employee-related costs (c)						—						8.1						8.1
Professional services and other						—						22.0						22.0
						$	1.8					$	30.1					$	31.9

___________________________________________

(a)These charges were included in Cost of sales and Restructuring expense in the Company’s Consolidated Statement of Earnings. They are included as “unallocated corporate costs” before being reconciled in the Segment Adjusted EBITDA to Net income table in Note 13, Segments, of these Condensed Notes to the Consolidated Financial Statements.

(b)In the thirteen weeks ended August 24, 2025, all expenses relate to plant charges.

(c)Includes employee severance and other one-time termination benefits related to reductions in headcount under the Cost Savings Program.

The following is a roll-forward of restructuring activity:

(in millions)						Restructuring Plan						Cost Savings Program						Total
Accrued restructuring liability, May 25, 2025						$	21.5					$	—					$	21.5
Additions						1.8						30.1						31.9
Payments						(18.9)						(7.2)						(26.1)
Accrued restructuring liability, August 24, 2025						$	4.4					$	22.9					$	27.3

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- References

No definition available.

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- Definition

Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 1
-Subparagraph (SAB Topic 5.P.3)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-1

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-Topic 420
-SubTopic 10
-Name Accounting Standards Codification
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 5.P.4)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479823/420-10-S99-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 420
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482017/420-10-50-1

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