| SUPPLEMENTAL INFORMATION [Abstract] | Period [Axis] |
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2016-05-30 - 2017-05-28 |
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SUPPLEMENTAL INFORMATION [Abstract] | |
Components of receivables [Table Text Block] | | In Millions | | May 28, 2017 | | | May 29, 2016 | | Receivables: | | | | | | | Customers | $ | 1,454.4 | | $ | 1,390.4 | | Less allowance for doubtful accounts | | (24.3) | | | (29.6) | | Total | $ | 1,430.1 | | $ | 1,360.8 |
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Components of inventories [Table Text Block] | | In Millions | | May 28, 2017 | | | May 29, 2016 | | Inventories: | | | | | | | Raw materials and packaging | $ | 395.4 | | $ | 397.3 | | Finished goods | | 1,224.3 | | | 1,163.1 | | Grain | | 73.0 | | | 72.6 | | Excess of FIFO over LIFO cost (a) | | (209.1) | | | (219.3) | | Total | $ | 1,483.6 | | $ | 1,413.7 |
(a) Inventories of $893.8 million as of May 28, 2017, and $841.0 million as of May 29, 2016, were valued at LIFO. The difference between replacement cost and the stated LIFO inventory value is not materially different from the reserve for the LIFO valuation method. |
Components of prepaid expenses and other current assets [Table Text Block] | | In Millions | | May 28, 2017 | | | May 29, 2016 | | Prepaid expenses and other current assets: | | | | | | | Other receivables | $ | 163.7 | | $ | 159.3 | | Prepaid expenses | | 168.9 | | | 177.9 | | Derivative receivables, primarily commodity-related | | 35.0 | | | 44.6 | | Grain contracts | | 2.7 | | | 1.8 | | Miscellaneous | | 11.3 | | | 15.4 | | Total | $ | 381.6 | | $ | 399.0 |
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Components of land, buildings and equipment [Table Text Block] | | In Millions | | May 28, 2017 | | | May 29, 2016 | | Land, buildings, and equipment: | | | | | | | Land | $ | 79.8 | | $ | 92.9 | | Buildings | | 2,249.2 | | | 2,236.0 | | Buildings under capital lease | | 0.3 | | | 0.3 | | Equipment | | 6,095.9 | | | 5,945.6 | | Equipment under capital lease | | 3.0 | | | 3.0 | | Capitalized software | | 545.4 | | | 523.0 | | Construction in progress | | 553.0 | | | 702.7 | | Total land, buildings, and equipment | | 9,526.6 | | | 9,503.5 | | Less accumulated depreciation | | (5,838.9) | | | (5,759.9) | | Total | $ | 3,687.7 | | $ | 3,743.6 |
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Components of other assets [Table Text Block] | | In Millions | | May 28, 2017 | | | May 29, 2016 | | Other assets: | | | | | | | Investments in and advances to joint ventures | $ | 505.3 | | $ | 518.9 | | Pension assets | | 144.9 | | | 90.9 | | Exchangeable note with related party | | - | | | 12.7 | | Life insurance | | 25.6 | | | 26.3 | | Miscellaneous | | 110.1 | | | 102.9 | | Total | $ | 785.9 | | $ | 751.7 |
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Components of other current liabilities [Table Text Block] | | In Millions | | May 28, 2017 | | | May 29, 2016 | | Other current liabilities: | | | | | | | Accrued trade and consumer promotions | $ | 482.6 | | $ | 563.7 | | Accrued payroll | | 326.6 | | | 386.4 | | Dividends payable | | 21.5 | | | 23.8 | | Accrued taxes | | 58.0 | | | 110.5 | | Accrued interest, including interest rate swaps | | 83.8 | | | 90.4 | | Grain contracts | | 5.6 | | | 5.5 | | Restructuring and other exit costs reserve | | 85.0 | | | 76.6 | | Derivative payable | | 18.1 | | | 35.6 | | Miscellaneous | | 291.0 | | | 302.5 | | Total | $ | 1,372.2 | | $ | 1,595.0 |
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Components of other noncurrent liabilities [Table Text Block] | | In Millions | | May 28, 2017 | | | May 29, 2016 | | Other noncurrent liabilities: | | | | | | | Accrued compensation and benefits, including obligations for underfunded other postretirement benefit and postemployment benefit plans | $ | 1,249.7 | | $ | 1,755.0 | | Accrued taxes | | 162.3 | | | 204.0 | | Miscellaneous | | 111.1 | | | 128.6 | | Total | $ | 1,523.1 | | $ | 2,087.6 |
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Consolidated statements of earnings amounts [Table Text Block] | | | Fiscal Year | | In Millions | | 2017 | | | 2016 | | | 2015 | | Depreciation and amortization | $ | 603.6 | | $ | 608.1 | | $ | 588.3 | | Research and development expense | | 218.2 | | | 222.1 | | | 229.4 | | Advertising and media expense (including production and communication costs) | | 623.8 | | | 754.4 | | | 823.1 |
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Components of interest, net [Table Text Block] | | | Fiscal Year | | Expense (Income), in Millions | | 2017 | | | 2016 | | | 2015 | | Interest expense | $ | 306.7 | | $ | 319.6 | | $ | 335.5 | | Capitalized interest | | (4.6) | | | (7.7) | | | (6.9) | | Interest income | | (7.0) | | | (8.1) | | | (13.2) | | Interest, net | $ | 295.1 | | $ | 303.8 | | $ | 315.4 |
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Consolidated statements of cash flows supplemental disclosures [Table Text Block] | | Fiscal Year | | In Millions | | 2017 | | | 2016 | | | 2015 | | Cash interest payments | $ | 285.8 | | $ | 292.0 | | $ | 305.3 | | Cash paid for income taxes | | 551.1 | | | 533.8 | | | 562.6 |
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