v3.22.4
Note 2 - Restructuring Activities (Tables)
6 Months Ended
Nov. 27, 2022
Notes Tables  
Restructuring and Related Costs [Table Text Block]
  

Grocery & Snacks

  

Refrigerated & Frozen

  

International

  

Foodservice

  

Corporate

  

Total

 

Accelerated depreciation

 $33.2  $39.6  $—  $—  $—  $72.8 

Other cost of goods sold

  8.7   2.5   —   —   —   11.2 

Total cost of goods sold

  41.9   42.1   —   —   —   84.0 

Severance and related costs

  11.6   1.2   1.3   0.3   5.1   19.5 

Asset impairment (net of gains on disposal)

  21.9   0.8   0.1   —   —   22.8 

Contract/lease termination

  0.5   0.1   —   —   0.1   0.7 

Consulting/professional fees

  0.5   2.4   —   —   5.7   8.6 

Other SG&A

  12.8   3.1   —   —   0.5   16.4 

Total SG&A

  47.3   7.6   1.4   0.3   11.4   68.0 

Total

 $89.2  $49.7  $1.4  $0.3  $11.4  $152.0 

Pension and postretirement non-service income

                 0.6 

Consolidated total

                $152.6 
 

Grocery & Snacks

  

Refrigerated & Frozen

  

Corporate

  

Total

Severance and related costs

$(0.1) $(0.1) $0.7  $0.5

Contract/lease termination

 —   0.1   —   0.1

Consulting/professional fees

 —   —   0.4   0.4

Other SG&A

 —   0.7   0.1   0.8

Total

$(0.1) $0.7  $1.2  $1.8
 

Grocery & Snacks

  

Refrigerated & Frozen

  

Corporate

  

Total

Other cost of goods sold

$—  $0.2  $—  $0.2

Total cost of goods sold

 —   0.2   —   0.2

Severance and related costs

 —   —   0.7   0.7

Contract/lease termination

 0.1   0.1   —   0.2

Consulting/professional fees

 —   —   3.4   3.4

Other SG&A

 0.1   1.1   0.2   1.4

Total SG&A

 0.2   1.2   4.3   5.7

Total

$0.2  $1.4  $4.3  $5.9
  

Grocery & Snacks

  

Refrigerated & Frozen

  

International

  

Foodservice

  

Corporate

  

Total

 

Accelerated depreciation

 $33.2  $39.6  $—  $—  $—  $72.8 

Other cost of goods sold

  8.7   2.5   —   —   —   11.2 

Total cost of goods sold

  41.9   42.1   —   —   —   84.0 

Severance and related costs

  11.6   1.2   1.3   0.3   5.1   19.5 

Asset impairment (net of gains on disposal)

  21.9   0.8   0.1   —   —   22.8 

Contract/lease termination

  0.5   0.1   —   —   0.1   0.7 

Consulting/professional fees

  —   —   —   —   5.1   5.1 

Other SG&A

  12.7   2.2   —   —   0.5   15.4 

Total SG&A

  46.7   4.3   1.4   0.3   10.8   63.5 

Total

 $88.6  $46.4  $1.4  $0.3  $10.8  $147.5 

Pension and postretirement non-service income

                      0.6 

Consolidated total

                     $148.1 
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]
  

Balance at May 29, 2022

  

Costs Incurred and Charged to Expense

  

Costs Paid or Otherwise Settled

  

Changes in Estimates

  

Balance at November 27, 2022

 

Severance and related costs

 $3.2  $1.3  $(1.7) $(0.6) $2.2 

Contract/lease termination

  —   0.2   (0.2)  —   — 

Consulting/professional fees

  1.7   3.4   (5.0)  —   0.1 

Other costs

  0.2   1.6   (1.8)  —   — 

Total

 $5.1  $6.5  $(8.7) $(0.6) $2.3