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Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Feb. 26, 2022
Feb. 27, 2021
Feb. 26, 2022
Feb. 27, 2021
Income Statement [Abstract]        
Net sales $ 1,029.5 $ 590.5 $ 2,845.5 $ 1,843.6
Cost of sales 692.7 359.6 1,880.6 1,118.4
Gross margin 336.8 230.9 964.9 725.2
Operating expenses:        
Selling, general and administrative 282.3 157.4 907.8 450.2
Restructuring expense, net 0.0 0.3 0.0 1.5
Design and research 28.0 18.1 79.6 52.0
Total operating expenses 310.3 175.8 987.4 503.7
Operating earnings (loss) 26.5 55.1 (22.5) 221.5
Interest expense 10.2 3.6 24.9 10.8
Interest and other investment income 0.6 0.5 1.2 1.3
Other (income) expense, net (0.2) (4.6) 11.9 (7.3)
Earnings (loss) before income taxes and equity income 17.1 56.6 (58.1) 219.3
Income tax expense (benefit) 2.7 13.0 (11.5) 49.9
Equity (loss) income from nonconsolidated affiliates, net of tax 0.0 (0.3) 0.0 0.1
Net earnings (loss) 14.4 43.3 (46.6) 169.5
Net earnings attributable to redeemable noncontrolling interests 1.8 1.8 5.7 3.8
Net earnings (loss) attributable to MillerKnoll, Inc. $ 12.6 $ 41.5 $ (52.3) $ 165.7
Earnings (loss) per share — basic (in dollar per share) $ 0.17 $ 0.70 $ (0.72) $ 2.81
Earnings (loss) per share — diluted (in dollar per share) $ 0.16 $ 0.70 $ (0.72) $ 2.80
Other comprehensive income (loss), net of tax:        
Foreign currency translation adjustments $ 5.4 $ 10.8 $ (48.7) $ 45.9
Pension and post-retirement liability adjustments 1.5 1.1 5.6 3.7
Unrealized gains on interest rate swap agreement 10.2 6.7 13.2 7.8
Unrealized holding loss on available for sale securities 0.0 0.0 0.0 (0.1)
Other comprehensive income (loss), net of tax 17.1 18.6 (29.9) 57.3
Comprehensive income (loss) 31.5 61.9 (76.5) 226.8
Comprehensive income (loss) attributable to redeemable noncontrolling interests 1.8 2.1 3.7 6.9
Comprehensive income (loss) attributable to MillerKnoll, Inc. $ 29.7 $ 59.8 $ (80.2) $ 219.9