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Employee Benefit Plans (Tables)

12 Months Ended

Jun. 03, 2017

Compensation and Retirement Disclosure [Abstract]

Schedule of Funded Status and Amounts Recognized in the Balance Sheet

The following table presents, for the fiscal years noted, a summary of the changes in the projected benefit obligation, plan assets and funded status of the company's domestic and international pension plans and post-retirement plan:

	Pension Benefits																Post-Retirement Benefits
	2017								2016								2017				2016
(In millions)	Domestic				International				Domestic				International
Change in benefit obligation:
Benefit obligation at beginning of year	$	1.0			$	104.4			$	1.1			$	112.0			$	5.9			$	7.7
Interest cost	0.1				2.7				—				3.8				0.2				0.2
Foreign exchange impact	—				(12.5		)		—				(4.6		)		—				—
Actuarial (gain) loss	—				23.4				—				(4.4		)		(0.4		)		(1.3		)
Benefits paid	(0.1		)		(4.2		)		(0.1		)		(2.4		)		(0.7		)		(0.7		)
Benefit obligation at end of year	$	1.0			$	113.8			$	1.0			$	104.4			$	5.0			$	5.9
Change in plan assets:
Fair value of plan assets at beginning of year	$	—			$	85.0			$	—			$	92.0			$	—			$	—
Actual return on plan assets	—				9.6				—				(1.3		)		—				—
Foreign exchange impact	—				(10.3		)		—				(3.7		)		—				—
Employer contributions	0.1				0.4				0.1				0.4				0.7				0.7
Benefits paid	(0.1		)		(4.2		)		(0.1		)		(2.4		)		(0.7		)		(0.7		)
Fair value of plan assets at end of year	$	—			$	80.5			$	—			$	85.0			$	—			$	—
Funded status:
Under funded status at end of year	$	(1.0	)		$	(33.3	)		$	(1.0	)		$	(19.4	)		$	(5.0	)		$	(5.9	)
Components of the amounts recognized in the Consolidated Balance Sheets:
Current liabilities	$	(0.1	)		$	—			$	(0.1	)		$	—			$	(0.7	)		$	(0.7	)
Non-current liabilities	$	(0.9	)		$	(33.3	)		$	(0.9	)		$	(19.4	)		$	(4.3	)		$	(5.2	)
Components of the amounts recognized in Accumulated other comprehensive loss before the effect of income taxes:
Unrecognized net actuarial loss (gain)	$	0.3			$	50.9			$	0.3			$	39.3			$	(0.6	)		$	(0.2	)
Accumulated other comprehensive loss	$	0.3			$	50.9			$	0.3			$	39.3			$	(0.6	)		$	(0.2	)

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets [Table Text Block]

The following table summarizes the totals for pension plans with accumulated benefit obligations in excess of plan assets:

Pension Plans with Accumulated Benefit Obligation in Excess of Plan Assets
(In millions)	2017				2016
Projected benefit obligation	$	114.8			$	105.4
Accumulated benefit obligation	$	111.0			$	101.8
Fair value of plan assets	$	80.5			$	85.0

Schedule of Net Benefit Costs

The following table is a summary of the annual cost of the company's pension and post-retirement plans:

Components of Net Periodic Benefit Costs and Other Changes Recognized in Other Comprehensive Income:
	Pension Benefits												Post-Retirement Benefits
(In millions)	2017				2016				2015				2017				2016				2015
Domestic:
Interest cost	$	0.1			$	—			$	—			$	0.2			$	0.2			$	0.2
Net periodic benefit cost	$	0.1			$	—			$	—			$	0.2			$	0.2			$	0.2
International:
Interest cost	$	2.7			$	3.8			$	4.3
Expected return on plan assets	(4.7		)		(5.4		)		(5.5		)
Net amortization	2.2				2.8				1.8
Net periodic benefit cost	$	0.2			$	1.2			$	0.6

Schedule of Amounts Recognized in Other Comprehensive Income (Loss)

Other Changes in Plan Assets and Benefit Obligations Recognized in Other Comprehensive (Income):
	Pension Benefits								Post-Retirement Benefits
(In millions)	2017				2016				2017				2016
Domestic:
Net actuarial gain	$	—			$	—			$	(0.4	)		$	(1.3	)
Total recognized in other comprehensive loss	$	—			$	—			$	(0.4	)		$	(1.3	)
International:
Net actuarial loss	$	18.6			$	2.2
Net amortization	(2.2		)		(2.8		)
Total recognized in other comprehensive loss	$	16.4			$	(0.6	)

Schedule of Assumptions Used

The weighted-average actuarial assumptions used to determine the benefit obligation amounts and the net periodic benefit cost for the company's pension and post-retirement plans are as follows:

The weighted-average used in the determination of net periodic benefit cost:
	2017				2016				2015
(Percentages)	Domestic		International		Domestic		International		Domestic		International
Discount rate	3.51		3.43		3.41		3.50		3.44		4.40
Compensation increase rate	n/a		2.95		n/a		3.20		n/a		3.35
Expected return on plan assets	n/a		6.10		n/a		6.10		n/a		6.10
The weighted-average used in the determination of the projected benefit obligations:
Discount rate	3.53		2.49		3.51		3.43		3.41		3.50
Compensation increase rate	n/a		3.25		n/a		2.95		n/a		3.20

Schedule of Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates

Assumed health care cost-trend rates have a significant effect on the amounts reported for retiree health care costs. A one-percentage-point change in the assumed health care cost-trend rates would have the following effects:

(In millions)	1 Percent Increase				1 Percent Decrease
Effect on total fiscal 2017 service and interest cost components	$	—			$	—
Effect on post-retirement benefit obligation at June 3, 2017	$	0.2			$	(0.2	)

Schedule of Fair Value and Allocation of Plan Assets

The target asset allocation at the end of fiscal 2017 and asset categories for the company's primary international pension plan for fiscal 2017 and 2016 are as follows:

Asset Category		Targeted Asset Allocation Percentage				Percentage of Plan Assets at Year End
						2017				2016
Fixed income		20				27				24
Common collective trusts		80				73				76
Total						100				100
(In millions)		International Plan as of June 3, 2017
Asset Category		Level 1				Level 2				Total
Cash and cash equivalents		$	0.2			$	—			$	0.2
Foreign government obligations		—				21.4				21.4
Common collective trusts-balanced		—				58.9				58.9
Total		$	0.2			$	80.3			$	80.5
(In millions)		International Plan as of May 28, 2016
Asset Category		Level 1				Level 2				Total
Cash and cash equivalents		$	0.2			$	—			$	0.2
Foreign government obligations		—				20.5				20.5
Common collective trusts-balanced		—				64.3				64.3
Total		$	0.2			$	84.8			$	85.0

Schedule of Expected Benefit Payments

The following represents a summary of the benefits expected to be paid by the plans in future fiscal years. These expected benefits were estimated based on the same actuarial valuation assumptions used to determine benefit obligations at June 3, 2017.

(In millions)	Pension Benefits Domestic				Pension Benefits International				Post-Retirement Benefits
2018	$	0.1			$	1.7			$	0.7
2019	$	0.1			$	2.1			$	0.6
2020	$	0.1			$	2.1			$	0.6
2021	$	0.1			$	2.1			$	0.5
2022	$	0.1			$	2.6			$	0.5
2023-2027	$	0.3			$	15.5			$	1.7

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Tabular disclosure of accumulated benefit obligations and fair values of plan assets of pension plans and/or other employee benefit plans where the accumulated benefit obligation exceeds the fair value of plan assets.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 3
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Tabular disclosure of the major categories of plan assets of pension plans and/or other employee benefit plans. This information may include, but is not limited to, the target allocation of plan assets, the fair value of each major category of plan assets, and the level within the fair value hierarchy in which the fair value measurements fall.

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Tabular disclosure of the amounts that are recognized in the balance sheet (or statement of financial position) for pension plans and/or other employee benefit plans, showing separately the assets and current and noncurrent liabilities (if applicable) recognized.

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Tabular disclosure of the net gain (loss) and net prior service cost or credit recognized in other comprehensive income (loss) for the period for pension plans and/or other employee benefit plans, and reclassification adjustments of other comprehensive income (loss) for the period, as those amounts, including amortization of the net transition asset or obligation, are recognized as components of net periodic benefit cost.

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Tabular disclosure of the assumptions used to determine for pension plans and/or other employee benefit plans the benefit obligation and net benefit cost, including assumed discount rates, rate increase in compensation increase, and expected long-term rates of return on plan assets.

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Tabular disclosure of benefits expected to be paid by pension plans and/or other employee benefit plans in each of the next five fiscal years and in the aggregate for the five fiscal years thereafter.

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Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments.

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