|
Income Taxes (Details) (USD $) In Millions, unless otherwise specified
|
12 Months Ended |
|
May 29, 2011
|
May 30, 2010
|
May 31, 2009
|
| Income Taxes [Abstract] |
 |
 |
 |
| United States |
$ 2,144.8 |
$ 2,060.4 |
$ 1,717.5 |
| Foreign |
283.4 |
144.1 |
224.7 |
| Earnings before income taxes and after-tax earnings from joint ventures |
2,428.2 |
2,204.5 |
1,942.2 |
| Federal |
370.0 |
616.0 |
457.8 |
| State and local |
76.9 |
87.4 |
37.3 |
| Foreign |
68.9 |
45.5 |
9.5 |
| Total current |
515.8 |
748.9 |
504.6 |
| Federal |
178.9 |
38.5 |
155.7 |
| State and local |
30.8 |
(4.9) |
36.3 |
| Foreign |
(4.4) |
(11.3) |
23.8 |
| Total deferred |
205.3 |
22.3 |
215.8 |
| Total income taxes |
721.1 |
771.2 |
720.4 |
| Effective Income Tax Rate Reconciliation [Abstract] |
 |
 |
 |
| United States statutory rate |
35.00% |
35.00% |
35.00% |
| State and local income taxes, net of federal tax benefits |
2.70% |
2.50% |
2.90% |
| Foreign rate differences |
(2.00%) |
(1.80%) |
(2.30%) |
| Enactment date effect of health care reform |
0.00% |
1.30% |
0.00% |
| Federal court decisions, including interest |
(3.70%) |
0.00% |
2.70% |
| Domestic manufacturing deduction |
(1.60%) |
(1.80%) |
(1.10%) |
| Other, net |
(0.70%) |
(0.20%) |
(0.10%) |
| Effective income tax rate |
29.70% |
35.00% |
37.10% |
| Deferred Tax Assets Liabilities Net [Abstract] |
 |
 |
 |
| Accrued liabilities |
129.5 |
148.5 |
 |
| Compensation and employee benefits |
582.9 |
584.9 |
 |
| Pension |
74.1 |
183.8 |
 |
| Tax credit carryforwards |
62.0 |
0 |
 |
| Stock, partnership, and miscellaneous investments |
500.6 |
474.9 |
 |
| Capital losses |
92.1 |
93.1 |
 |
| Net operating losses |
140.9 |
119.9 |
 |
| Other DTA |
123.7 |
150.7 |
 |
| Gross deferred tax assets |
1,705.8 |
1,755.8 |
 |
| Valuation allowance |
404.5 |
392.0 |
 |
| Net deferred tax assets |
1,301.3 |
1,363.8 |
 |
| Brands value |
1,289.1 |
1,279.5 |
 |
| Fixed assets |
394.6 |
307.6 |
 |
| Intangible assets |
122.3 |
107.4 |
 |
| Tax lease transactions |
63.0 |
68.7 |
 |
| Inventory |
53.0 |
55.6 |
 |
| Stock, partnership, and miscellaneous investments |
424.5 |
348.2 |
 |
| Unrealized hedges |
34.9 |
11.4 |
 |
| Other |
20.0 |
17.3 |
 |
| Gross deferred tax liabilities |
2,401.4 |
2,195.7 |
 |
| Net deferred tax liability |
(1,100.1) |
(831.9) |
 |
| Income Tax Contingency [Line Items] |
 |
 |
 |
| Balance, beginning of year |
552.9 |
570.1 |
 |
| Additions |
25.0 |
19.7 |
 |
| Additions |
75.6 |
7.1 |
 |
| Reductions |
(131.2) |
(37.6) |
 |
| Settlements |
(287.9) |
(1.9) |
 |
| Lapses in statutes of limitations |
(8.2) |
(4.5) |
 |
| Balance, end of year |
226.2 |
552.9 |
570.1 |
| Income Taxes [Line Items] |
 |
 |
 |
| Deferred Taxes Business Combination Valuation Allowance Available To Reduce Income Tax Expense |
168.2 |
 |
 |
| Capital loss carryforward valuation allowance |
92.1 |
 |
 |
| Operating Loss Carryforwards Valuation Allowance |
140.9 |
 |
 |
| No Expiration |
102.0 |
 |
 |
| Years 1 and 2 |
8.9 |
 |
 |
| 3 Years and Beyond |
18.3 |
 |
 |
| Unremitted Foreign Earnings |
2,435.7 |
 |
 |
| Payments For Tax Settlements |
385.3 |
 |
17.6 |
| Tax Adjustments Settlements And Unusual Provisions |
 |
 |
52.6 |
| Number Of Open Tax Years For Certain US Jurisdictions |
Various tax examinations by United States state taxing authorities could be conducted for any open tax year, which vary by jurisdiction, but are generally from 3 to 5 years. |
 |
 |
| Income Tax Uncertainties Policy |
We apply a more-likely-than-not threshold to the recognition and derecognition of uncertain tax positions. Accordingly we recognize the amount of tax benefit that has a greater than 50 percent likelihood of being ultimately realized upon settlement. Future changes in judgment related to the expected ultimate resolution of uncertain tax positions will affect earnings in the quarter of such change. |
 |
 |
| Unrecognized Tax Benefits That Would Impact Effective Tax Rate |
152.0 |
 |
 |
| Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued |
53.4 |
174.8 |
 |
| Unrecognized Tax Benefits Income Tax Penalties And Interest Expense |
(10.5) |
16.2 |
 |
| Unrecognized Tax Benefit Liabilities Decrease Resulting From Prior Period Tax Positions With Internal Revenue Service |
108.1 |
 |
 |
| Unrecognized Tax Benefit Liabilities Increase Resulting From Prior Period Tax Positions With State Of California |
11.5 |
 |
 |
|
US Foreign [Member]
|
 |
 |
 |
| Income Taxes [Line Items] |
 |
 |
 |
| Tax Credit Carryforward Amount |
$ 60.2 |
 |
 |