STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

May 26, 2024

Stockholders' Equity Note [Abstract]

Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss), net of tax, are as follows:


(in millions)	Foreign Currency Translation Adjustment		Unrealized Gains (Losses) on Derivatives		Benefit Plan Funding Position		Accumulated Other Comprehensive Income (Loss)
Balances at May 29, 2022	$	4.8	$	(0.4)	$	(6.3)	$	(1.9)
Gain (loss)	(0.3)		1.1		0.7		1.5
Reclassification realized in net earnings	—		3.2		0.4		3.6

Balances at May 28, 2023	$	4.5	$	3.9	$	(5.2)	$	3.2
Gain (loss)	0.1		18.4		1.1		19.6
Reclassification realized in net earnings	—		2.2		0.6		2.8
Balances at May 26, 2024	$	4.6	$	24.5	$	(3.5)	$	25.6

Reclassification out of Accumulated Other Comprehensive Income

The following table presents the amounts and line items in our consolidated statements of earnings where other adjustments reclassified from AOCI into net earnings were recorded:


		Fiscal Year Ended
(in millions) AOCI Components	Location of Gain (Loss) Recognized in Earnings	May 26, 2024		May 28, 2023
Derivatives
Commodity contracts	(1)	$	(6.9)	$	(3.1)
Equity contracts	(2)	1.3		(0.8)
Interest rate contracts	(3)	2.2		(0.1)
	Total before tax	$	(3.4)	$	(4.0)
	Tax benefit	1.2		0.8
	Net of tax	$	(2.2)	$	(3.2)


		Fiscal Year Ended
(in millions) AOCI Components	Location of Gain (Loss) Recognized in Earnings	May 26, 2024		May 28, 2023
Benefit plan funding position
Pension/postretirement plans- actuarial losses	(4)	$	(0.1)	$	(0.1)
Recognized net actuarial gain (loss) - other plans	(5)	(0.7)		(0.7)
	Total before tax	$	(0.8)	$	(0.8)
	Tax benefit	0.2		0.4
	Net of tax	$	(0.6)	$	(0.4)

(1)Primarily included in food and beverage costs and restaurant expenses. See Note 8 for additional details.

(2)Included in general and administrative expenses. See Note 8 for additional details.

(3)Included in interest, net, on our consolidated statements of earnings.

(4)Included in the computation of net periodic benefit costs - pension and postretirement plans, which is a component of other (income) expense, net, restaurant labor expenses and general and administrative expenses. See Note 14 for additional details.

(5)Included in the computation of net periodic benefit costs - other plans, which is a component of restaurant labor, and general and administrative expenses.