v3.24.3
FAIR VALUE MEASUREMENTS (Tables)
3 Months Ended
Aug. 25, 2024
FAIR VALUE MEASUREMENTS  
Schedule of financial assets and liabilities measured at fair value on a recurring basis

The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of August 25, 2024:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Level 1

    

Level 2

    

Level 3

    

Net Value

Assets:

​

​

​

​

​

​

​

​

​

​

​

​

Derivative assets

​

$

5.3

​

$

2.6

​

$

—

​

$

7.9

Deferred compensation assets

​

​

6.4

​

​

—

​

​

—

​

​

6.4

Available-for-sale debt securities

​

​

—

​

​

—

​

​

2.9

​

​

2.9

Total assets

​

$

11.7

​

$

2.6

​

$

2.9

​

$

17.2

Liabilities:

​

​

​

​

​

​

​

​

​

​

​

​

Derivative liabilities

​

$

—

​

$

3.0

​

$

—

​

$

3.0

Deferred compensation liabilities

​

​

75.1

​

​

—

​

​

—

​

​

75.1

Total liabilities

​

$

75.1

​

$

3.0

​

$

—

​

$

78.1

​

The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 26, 2024:

​

​

​

​

​

​

​

​

​

​

​

​

​

​

    

Level 1

    

Level 2

    

Level 3

    

Net Value

Assets:

​

​

​

​

​

​

​

​

​

​

​

​

Derivative assets

​

$

2.3

​

$

0.7

​

$

—

​

$

3.0

Deferred compensation assets

​

​

6.3

​

​

—

​

​

—

​

​

6.3

Available-for-sale debt securities

​

​

—

​

​

—

​

​

2.9

​

​

2.9

Total assets

​

$

8.6

​

$

0.7

​

$

2.9

​

$

12.2

Liabilities:

​

​

​

​

​

​

​

​

​

​

​

​

Derivative liabilities

​

$

—

​

$

3.6

​

$

—

​

$

3.6

Deferred compensation liabilities

​

​

70.4

​

​

—

​

​

—

​

​

70.4

Total liabilities

​

$

70.4

​

$

3.6

​

$

—

​

$

74.0