INCOME TAXES (Narrative) (Details) - USD ($) $ in Millions |
12 Months Ended | ||
|---|---|---|---|
May 26, 2024 |
May 28, 2023 |
May 29, 2022 |
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| Income Tax Disclosure [Line Items] | |||
| Effective income tax rate | 12.30% | 12.20% | 12.70% |
| Income tax expense | $ 145.0 | $ 137.0 | $ 138.8 |
| Earnings before income taxes | 1,175.5 | 1,120.5 | $ 1,093.5 |
| Prepaid income taxes | 121.7 | 107.3 | |
| Gross unrecognized tax benefits | 22.7 | $ 23.0 | |
| Tax position, change is reasonably possible in the next twelve month | 6.1 | ||
| Unrecognized tax benefit that would impact effective income tax rate | 3.9 | ||
| Unrecognized tax benefits, accrued interest | 3.2 | ||
| State loss carryforwards | 32.3 | ||
| Expiring Tax Credits | |||
| Income Tax Disclosure [Line Items] | |||
| State loss carryforwards | 47.1 | ||
| Federal tax credit carryforwards | 7.9 | ||
| State charitable contribution carryforwards | 1.5 | ||
| State | |||
| Income Tax Disclosure [Line Items] | |||
| Prepaid income taxes | 11.8 | ||
| Accrued income taxes | 2.5 | ||
| Federal | |||
| Income Tax Disclosure [Line Items] | |||
| Prepaid income taxes | 109.9 | ||
| Accrued income taxes | $ 3.6 | ||
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- Definition Income Tax Disclosure [Line Items] No definition available.
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- Definition Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all domestic and foreign income tax obligations due. This amount is the total of current and noncurrent accrued income taxes. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible charitable contribution carryforwards. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible domestic operating loss carryforwards. Excludes state and local operating loss carryforwards. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount before allocation of valuation allowances of deferred tax asset attributable to deductible state and local operating loss carryforwards. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Percentage of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- Definition Amount of asset related to consideration paid in advance for income and other taxes that provide economic benefits within a future period of one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition The amount of the unrecognized tax benefit of a position taken for which it is reasonably possible that the total amount thereof will significantly increase or decrease within twelve months of the balance sheet date. Reference 1: http://fasb.org/us-gaap/role/ref/otherTransitionRef
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- Definition Amount of unrecognized tax benefits. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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- Definition Amount of interest expense accrued for an underpayment of income taxes. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate. Reference 1: http://www.xbrl.org/2003/role/exampleRef
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