SEGMENTS - Reconciliation (Details) - USD ($) $ in Millions |
3 Months Ended | |
|---|---|---|
Aug. 25, 2024 |
Aug. 27, 2023 |
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| Segment Adjusted EBITDA | ||
| Depreciation and amortization | $ 91.4 | $ 70.8 |
| Unrealized derivative gains | (8.9) | (27.3) |
| Foreign currency exchange losses | 0.6 | 7.4 |
| Blue chip swap transaction gains | (16.6) | 0.0 |
| Items impacting comparability: | ||
| Inventory step-up from acquisition | 0.0 | 22.5 |
| Integration and acquisition-related items, net | 0.0 | 4.0 |
| Interest expense, net | 45.2 | 30.7 |
| Income before income taxes | 178.2 | 304.7 |
| Income tax expense | 50.8 | 69.9 |
| Net income | 127.4 | 234.8 |
| Interest expense, income tax expense, and depreciation and amortization from equity method investments | 2.1 | 2.2 |
| Operating Segments | ||
| Segment Adjusted EBITDA | ||
| Adjusted EBITDA | 326.6 | 469.0 |
| Operating Segments | North America | ||
| Segment Adjusted EBITDA | ||
| Adjusted EBITDA | 276.1 | 379.4 |
| Operating Segments | International | ||
| Segment Adjusted EBITDA | ||
| Adjusted EBITDA | 50.5 | 89.6 |
| Unallocated Corporate Costs | ||
| Segment Adjusted EBITDA | ||
| Adjusted EBITDA | $ (36.7) | $ (56.2) |
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- Definition Adjusted Earnings Before Interest, Taxes, Depreciation, and Amortization No definition available.
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- Definition Business Acquisition, Inventory Step-Up Expense, Before Tax No definition available.
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- Definition Depreciation, Depletion and Amortization, Including Interest Expense, Income Tax Expense, and Depreciation and Amortization from Equity Method Investments No definition available.
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- Definition Gain (Loss), Blue Chip Swap Transaction No definition available.
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- Definition Interest Expense, Income Tax Expense, and Depreciation and Amortization from Equity Method Investments No definition available.
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- Definition Items Impacting Comparability No definition available.
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- Definition Selling, General and Administrative Expense, Integration and Acquisition-related Items, Before Tax No definition available.
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- Definition Amount, before tax, of realized and unrealized gain (loss) from foreign currency transaction. 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 interest income (expense) classified as nonoperating. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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- References No definition available.
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- Definition The net change in the difference between the fair value and the carrying value, or in the comparative fair values, of open derivatives, commodity, or energy contracts, held at each balance sheet date, that was included in earnings for the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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