MillerKnoll (MLKN) 10-Q 12 Oct 22 2023 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Sep. 03, 2022	Oct. 07, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 03, 2022
Document Transition Report	false
Entity File Number	001-15141
Entity Registrant Name	MillerKnoll, Inc.
Entity Incorporation, State or Country Code	MI
Entity Tax Identification Number	38-0837640
Entity Address, Address Line One	855 East Main Avenue
Entity Address, City or Town	Zeeland
Entity Address, State or Province	MI
Entity Address, Postal Zip Code	49464
City Area Code	616
Local Phone Number	654-3000
Title of 12(b) Security	Common Stock, par value $0.20 per share
Trading Symbol	MLKN
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		75,556,589
Entity Central Index Key	0000066382
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q1
Current Fiscal Year End Date	--06-03

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Income Statement [Abstract]
Net sales	$ 1,078.8	$ 789.7
Cost of sales	706.7	512
Gross margin	372.1	277.7
Operating expenses:
Selling, general and administrative	296.9	306.8
Restructuring expense	0.5	0
Design and research	23.9	23.5
Total operating expenses	321.3	330.3
Operating earnings (loss)	50.8	(52.6)
Interest expense	16.7	5.6
Interest and other investment income	0.4	0.3
Other (income) expense, net	0.8	12.7
Earnings (loss) before income taxes and equity income	33.7	(70.6)
Income tax expense (benefit)	6.3	(10.7)
Equity income from nonconsolidated affiliates, net of tax	0	0.1
Net earnings (loss)	27.4	(59.8)
Net earnings attributable to redeemable noncontrolling interests	1.6	1.6
Net earnings (loss) attributable to MillerKnoll, Inc.	$ 25.8	$ (61.4)
Earnings (loss) per share — basic (in dollar per share)	$ 0.34	$ (0.92)
Earnings (loss) per share — diluted (in dollar per share)	$ 0.34	$ (0.92)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	$ (72.5)	$ (16)
Pension and post-retirement liability adjustments	0.4	2.3
Unrealized gain (loss) on interest rate swap agreement	14.3	(1)
Other comprehensive (loss), net of tax	(57.8)	(14.7)
Comprehensive (loss)	(30.4)	(74.5)
Comprehensive income attributable to redeemable noncontrolling interests	1.7	2.1
Comprehensive (loss) income attributable to MillerKnoll, Inc.	$ (32.1)	$ (76.6)

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 03, 2022	May 28, 2022
Current Assets:
Cash and cash equivalents	$ 215.8	$ 230.3
Short-term investments	0	0
Accounts receivable, net of allowances of $7.5 and $9.7	338.5	348.9
Unbilled accounts receivable	33.8	32
Inventories, net	615.5	587.3
Prepaid expenses	118.5	112.1
Other current assets	9.1	7.3
Total current assets	1,331.2	1,317.9
Property and equipment, at cost	1,511.5	1,509.7
Less — accumulated depreciation	(952)	(928.2)
Net property and equipment	559.5	581.5
Right of use assets	418.1	425.8
Goodwill	1,197.5	1,226.2
Indefinite-lived intangibles	491.3	501
Other amortizable intangibles, net of accumulated amortization of $138.0 and $134.7	342.8	362.4
Other noncurrent assets	107	99.2
Total Assets	4,447.4	4,514
Current Liabilities:
Accounts payable	303.2	355.1
Short-term borrowings and current portion of long-term debt	28.7	29.3
Accrued compensation and benefits	93.8	128.6
Short-term lease liability	78.1	79.9
Accrued warranty	20.5	18.8
Customer deposits	116.4	125.3
Other accrued liabilities	132.3	140.4
Total current liabilities	773	877.4
Long-term debt	1,484.4	1,379.2
Pension and post-retirement benefits	21.7	25
Lease liabilities	391.7	398.2
Other liabilities	301.1	300.2
Total Liabilities	2,971.9	2,980
Redeemable noncontrolling interests	100.7	106.9
Stockholders' Equity:
Preferred stock, no par value (10,000,000 shares authorized, none issued)	0	0
Common stock, $0.20 par value (240,000,000 shares authorized, 75,556,031 and 75,824,241 shares issued and outstanding in fiscal 2023 and 2022, respectively)	15.1	15.2
Additional paid-in capital	819.3	825.7
Retained earnings	705.3	693.3
Accumulated other comprehensive loss	(164.9)	(107.1)
Deferred compensation plan	0	0
Total Stockholders' Equity	1,374.8	1,427.1
Total Liabilities, Redeemable Noncontrolling Interests, and Stockholders' Equity	$ 4,447.4	$ 4,514
Common stock, shares, outstanding (in shares)	75,556,031	75,824,241
Common stock, shares, issued (in shares)	75,556,031	75,824,241

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 03, 2022	May 28, 2022
Statement of Financial Position [Abstract]
Accounts receivable, allowance	$ 7.5	$ 9.7
Other amortizable intangibles, accumulated amortization	$ 138	$ 134.7
Preferred stock, par value (in dollar per share)	$ 0	$ 0
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollar per share)	$ 0.20	$ 0.20
Common stock, shares authorized (in shares)	240,000,000	240,000,000
Common stock, shares, issued (in shares)	75,556,031	75,824,241
Common stock, shares, outstanding (in shares)	75,556,031	75,824,241

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Cash Flows from Operating Activities:
Net earnings (loss)	$ 27.4	$ (59.8)
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:
Depreciation and amortization	39.6	59.7
Stock-based compensation	5.4	15.1
Amortization of deferred financing costs	1.2	0.4
Deferred taxes	0.1	(8.2)
Restructuring expense	0.5	0
Loss on extinguishment of debt	0	13.4
(Increase) decrease in current assets	(47.2)	(65.8)
(Decrease) increase in current liabilities	(91.2)	(5)
Other, net	(0.6)	(1.5)
Net Cash Used in Operating Activities	(64.8)	(51.7)
Cash Flows from Investing Activities:
Notes receivables issued	(4.5)	0
Capital expenditures	(17.3)	(18.6)
Acquisitions, net of cash received	0	(1,088.5)
Proceeds from loan on cash surrender value of life insurance	13.5	0
Other, net	(1.9)	2.4
Net Cash Used in Investing Activities	(10.2)	(1,104.7)
Cash Flows from Financing Activities:
Repayments of long-term debt	(6.6)	(50)
Proceeds from issuance of debt, net of discounts	0	1,007
Payments of deferred financing costs	0	(9.3)
Proceeds from credit facility	401.4	366.6
Repayments of credit facility	(290.5)	(276.6)
Payment of make whole premium on debt	0	(13.4)
Dividends paid	(14.2)	(11.1)
Common stock issued	1.7	2.2
Common stock repurchased and retired	(14.3)	(11)
Other, net	(0.5)	(2.8)
Net Cash Provided by Financing Activities	77	1,001.6
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(16.5)	(6.5)
Net Decrease in Cash and Cash Equivalents	(14.5)	(161.3)
Cash and Cash Equivalents, Beginning of Period	230.3	396.4
Cash and Cash Equivalents, End of Period	$ 215.8	$ 235.1

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Deferred Compensation Plan
Balance at beginning of period (in shares) at May. 29, 2021		59,029,165
Balance at beginning of period at May. 29, 2021	$ 860.5	$ 11.8	$ 94.7	$ 819.3	$ (65.1)	$ (0.2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	(61.3)			(61.3)
Other comprehensive income, net of tax	(15.2)				(15.2)
Stock-based compensation expense	15.1		15.1
Exercise of stock options (in shares)		49,584
Exercise of stock options	1.3		1.3
Restricted and performance stock units released (in shares)		358,016
Restricted and performance stock units released	0
Employee stock purchase plan issuances (in shares)		19,020
Employee stock purchase plan issuances	0.7		0.7
Repurchase and retirement of common stock (in shares)		(267,522)
Repurchase and retirement of common stock	(11)		(11)
Shares issued for the acquisition of Knoll (in shares)		15,843,921
Shares issued for the acquisition of Knoll	688.3	$ 3.2	685.1
Pre-combination expense from Knoll rollover (in shares)		751,907
Pre-combination expense from Knoll rollover	22.6	$ 0.2	22.4
Dividends declared	(14.3)			(14.3)
Balance at end of period (in shares) at Aug. 28, 2021		75,784,091
Balance at end of period at Aug. 28, 2021	$ 1,486.7	$ 15.2	808.3	743.7	(80.3)	(0.2)
Balance at beginning of period (in shares) at May. 28, 2022	75,824,241	75,824,241
Balance at beginning of period at May. 28, 2022	$ 1,427.1	$ 15.2	825.7	693.3	(107.1)	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net earnings	25.8			25.8
Other comprehensive income, net of tax	(57.8)				(57.8)
Stock-based compensation expense (in shares)		(13,474)
Stock-based compensation expense	5.4		5.4
Exercise of stock options (in shares)		43,469
Exercise of stock options	1		1
Restricted and performance stock units released (in shares)		160,551
Restricted and performance stock units released	0.1		0.1
Employee stock purchase plan issuances (in shares)		35,753
Employee stock purchase plan issuances	0.8		0.8
Repurchase and retirement of common stock (in shares)		(494,509)
Repurchase and retirement of common stock	(14.3)	$ (0.1)	(14.2)
Dividends declared	(14.3)			(14.3)
Other	$ 1		0.5	0.5
Balance at end of period (in shares) at Sep. 03, 2022	75,556,031	75,556,031
Balance at end of period at Sep. 03, 2022	$ 1,374.8	$ 15.1	$ 819.3	$ 705.3	$ (164.9)	$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Statement of Stockholders' Equity [Abstract]
Dividends declared (in dollars per share)	$ 0.1875	$ 0.1875

Description of Business

Description of Business	3 Months Ended
	Sep. 03, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business	Description of Business MillerKnoll, Inc. (the "Company") researches, designs, manufactures, sells, and distributes interior furnishings for use in various environments including office, healthcare, educational, and residential settings and provides related services that support companies all over the world. The Company's products are sold through independent contract office furniture dealers, retail studios, the Company’s eCommerce platforms, direct mail catalogs, as well as direct customer sales and independent retailers.. On July 19, 2021 the Company acquired Knoll, Inc. ("Knoll") (See Note 5. "Acquisitions"). Knoll is a leading global manufacturer of commercial and residential furniture, accessories, lighting and coverings. The Company has included the financial results of Knoll in the condensed consolidated financial statements from the date of acquisition. On October 11, 2021, the Company's shareholders approved an amendment to our Restated Articles of Incorporation to change our corporate name from Herman Miller, Inc. to MillerKnoll, Inc. On November 1, 2021, the change in corporate name and ticker symbol to MLKN became effective. MillerKnoll is a collective of dynamic brands that comes together to design the world we live in. A global leader in design, MillerKnoll includes Herman Miller® and Knoll®, as well as Colebrook Bosson Saunders®, DatesWeiser®, Design Within Reach®, Edelman® Leather, Fully®, Geiger®, HAY®, Holly Hunt®, KnollTextiles®, Maars® Living Walls, Maharam®, Muuto®, naughtone®, and Spinneybeck®|FilzFelt®. MillerKnoll represents over 100 years of design research and exploration in service of humanity. The Company is united by a belief in design as a tool to create positive impact and shape a more sustainable, caring, and beautiful future for all people and the planet. Basis of Presentation The Condensed Consolidated Financial Statements have been prepared by MillerKnoll, Inc. in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. Management believes the disclosures made in this document are adequate with respect to interim reporting requirements. Unless otherwise noted or indicated by the context, all references to "MillerKnoll," "we," "our," "Company" and similar references are to MillerKnoll, Inc., its predecessors, and controlled subsidiaries. The accompanying unaudited Condensed Consolidated Financial Statements, taken as a whole, contain all adjustments that are of a normal recurring nature necessary to present fairly the financial position of the Company as of September 3, 2022. Operating results for the three months ended September 3, 2022 are not necessarily indicative of the results that may be expected for the year ending June 3, 2023 ("fiscal 2023"). It is suggested that these Condensed Consolidated Financial Statements be read in conjunction with the financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended May 28, 2022 ("fiscal 2022"). All intercompany transactions have been eliminated in the Condensed Consolidated Financial Statements. The financial statements of equity method investments are not consolidated. Segment Reorganization Effective as of May 29, 2022, the beginning of fiscal year 2023, the Company implemented an organizational change that resulted in a change in the reportable segments. The Company has recast historical results to reflect this change. See Note 15 "Operating Segments" for additional information. The Company's fiscal year is the 52 or 53 week period ending on the Saturday closest to May 31. The fiscal year ended May 28, 2022 ("fiscal 2022") was a 52 week period while the fiscal year ending June 3, 2023 ("fiscal 2023") will be a 53 week period. The first quarter of fiscal 2022 contained 13 weeks and the first quarter of fiscal 2023 contained 14 weeks. Change in Accounting Principle In the fourth quarter of fiscal 2022, we elected to change our method of accounting for the cost of certain inventories within our Americas segment from the last-in, first-out method (“LIFO”) to first-in, first-out method (“FIFO”). With this change there are

Recently Issued Accounting Stan

Recently Issued Accounting Standards	3 Months Ended
	Sep. 03, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recently Issued Accounting Standards	Recently Issued Accounting Standards The Company evaluates all Accounting Standards Updates ("ASUs") issued by the Financial Accounting Standards Board ("FASB") for consideration of their applicability to our consolidated financial statements. We have assessed all ASUs issued but not yet adopted and concluded that those not disclosed are not relevant to the Company or are not expected to have a material impact.

Revenue from Contracts with Cus

Revenue from Contracts with Customers	3 Months Ended
	Sep. 03, 2022
Revenue from Contract with Customer [Abstract]
Revenue from Contracts with Customers	Revenue from Contracts with Customers Disaggregated Revenue Revenue disaggregated by contract type is provided in the table below: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Net Sales: Single performance obligation Product revenue $ 1,007.7 $ 736.3 Multiple performance obligations Product revenue 66.5 49.6 Service revenue 1.2 1.9 Other 3.4 1.9 Total $ 1,078.8 $ 789.7 The Company internally reports and evaluates products based on the categories Workplace, Performance Seating, Lifestyle and Other. A description of these categories is included below. The Workplace category includes products centered on creating highly functional and productive settings for both groups and individuals. This category focuses on the development of products, beyond seating, that define boundaries, support work and enable productivity. The Performance Seating category includes products centered on seating ergonomics, productivity and function across an evolving and diverse range of settings. This category focuses on the development of ergonomic seating solutions for specific use cases requiring more than basic utility. The Lifestyle category includes products focused on bringing spaces to life through beautiful yet functional products. This category focuses on the development of products that support a way of living, in thoughtful yet elevated ways. The products in this category help create emotive and visually appealing spaces via a portfolio that offers diversity in aesthetics, price and performance. Revenue disaggregated by product type and reportable segment is provided in the table below: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Americas Contract: Workplace $ 338.7 $ 233.7 Performance Seating 118.9 92.6 Lifestyle 71.1 44.8 Other 8.7 10.2 Total Americas Contract $ 537.4 $ 381.3 International Contract & Specialty: Workplace $ 44.4 $ 28.2 Performance Seating 68.9 49.7 Lifestyle 107.0 54.0 Other 52.2 35.2 Total International Contract & Specialty $ 272.5 $ 167.1 Global Retail: Workplace $ 27.5 $ 19.0 Performance Seating 51.2 63.4 Lifestyle 189.8 158.5 Other 0.4 0.4 Total Global Retail $ 268.9 $ 241.3 Total $ 1,078.8 $ 789.7 (1) "Other" primarily consists of textiles, uncategorized product sales, and service sales. Refer to Note 15 of the Condensed Consolidated Financial Statements for further information related to our reportable segments. Contract Balances

Acquisitions

Acquisitions	3 Months Ended
	Sep. 03, 2022
Business Combination and Asset Acquisition [Abstract]
Acquisitions	Acquisitions Knoll, Inc. On July 19, 2021, the Company completed its previously announced acquisition of Knoll, Inc. (“Knoll"), a leader in the design, manufacture, marketing and sale of high-end furniture products and accessories for workplace and residential markets. The Company has included the financial results of Knoll in the condensed consolidated financial statements from the date of acquisition. The transaction costs associated with the acquisition, which included financial advisory, legal, proxy filing, regulatory and financing fees, were approximately $30.0 million for the twelve months ended May 28, 2022 and were recorded in general and administrative expenses. Of the total transaction costs, $26.7 million were recorded in the three months ended August 28, 2021. Under the terms of the Agreement and Plan of Merger, each issued and outstanding share of Knoll common stock (excluding shares exercising dissenters rights, shares owned by Knoll as treasury stock, shares owned by the deal parties or their subsidiaries, or shares subject to Knoll restricted stock awards) was converted into a right to receive 0.32 shares of Herman Miller, Inc. (now MillerKnoll, Inc.) common stock and $11.00 in cash, without interest. The acquisition date fair value of the consideration transferred for Knoll was $1,887.3 million, which consisted of the following (in millions, except share amounts): Knoll Shares Herman Miller, Inc (now MillerKnoll, Inc.) Shares Exchanged Fair Value Cash Consideration: Shares of Knoll Common Stock issued and outstanding at July 19, 2021 49,444,825 $ 543.9 Knoll equivalent shares for outstanding option awards, outstanding awards of restricted common stock held by non-employee directors and outstanding awards of performance units held by individuals who are former employees of Knoll and remain eligible to vest at July 19, 2021 184,857 1.4 Total number of Knoll shares for cash consideration 49,629,682 Shares of Knoll Preferred Stock issued and outstanding at July 19, 2021 169,165 254.4 Consideration for payment to settle Knoll's outstanding debt 376.9 Share Consideration: Shares of Knoll Common Stock issued and outstanding at July 19, 2021 49,444,825 Knoll equivalent shares for outstanding awards of restricted common stock held by non-employee directors and outstanding awards of performance units held by individuals who are former employees of Knoll and remain eligible to vest at July 19, 2021 74,857 Total number of Knoll shares for share consideration 49,519,682 15,843,921 688.3 Replacement Share-Based Awards: Outstanding awards of Knoll Restricted Stock and Performance units relating to Knoll Common Stock at July 19, 2021 22.4 Total acquisition date fair value of consideration transferred $ 1,887.3 The aggregate cash paid in connection with the Knoll acquisition was $1,176.6 million. MillerKnoll funded the acquisition through cash on-hand and debt proceeds, as described in "Note 14. Short-Term Borrowings and Long-Term Debt." Outstanding unvested restricted stock awards, performance stock awards, performance stock units and restricted stock units with a fair value of $53.4 million automatically converted into Company awards. Of the total fair value, $22.4 million was allocated to purchase consideration and $31.0 million was allocated to future services and will be expensed over the remaining service periods on a straight-line basis. Per the terms of the converted awards any qualifying termination within the twelve months subsequent to the acquisition resulted in accelerated vesting and related recognition of expense. The transaction was accounted for as a business combination which requires that assets and liabilities assumed be recognized at their fair value as of the acquisition date. The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition: (In millions) Fair Value Cash $ 88.0 Accounts receivable 82.3 Inventories 219.9 Other current assets 29.2 Property and equipment 296.5 Right-of-use assets 202.7 Intangible assets 756.6 Goodwill 903.5 Other noncurrent assets 25.1 Total assets acquired 2,603.8 Accounts payable 144.0 Other current liabilities 153.1 Lease liabilities 177.8 Other liabilities 241.6 Total liabilities assumed 716.5 Net Assets Acquired $ 1,887.3 The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill. Goodwill is attributed to the assembled workforce of Knoll and anticipated operational synergies. Goodwill related to the acquisition was allocated to each of the reporting segments with a total value as of the opening balance sheet date of $903.5 million. Goodwill arising from the acquisition is not deductible for tax reporting purposes. The following table summarizes the acquired identified intangible assets, valuation method employed, useful lives and fair value, as determined by the Company as of the acquisition date: (In millions) Valuation Method Useful Life (years) Fair Value Backlog Multi-Period Excess Earnings Less than 1 Year $ 27.6 Trade name - indefinite lived Relief from Royalty Indefinite 418.0 Trade name - amortizing Relief from Royalty 5-10 Years 14.0 Designs Relief from Royalty 9-15 years 40.0 Customer Relationships Multi-Period Excess Earnings 2-15 years 257.0 Total $ 756.6 Unaudited Pro Forma Results of Operations The results of Knoll's operations have been included in the Consolidated Financial Statements beginning on July 19, 2021. The following table provides pro forma results of operations for the three months ended August 28, 2021, as if Knoll had been acquired as of May 31, 2020. The pro forma results include certain purchase accounting adjustments such as the estimated change in depreciation and amortization expense on the acquired tangible and intangible assets. The pro forma results also include the impact of incremental interest expense incurred to finance the merger. Transaction related costs, including debt extinguishment costs related to the transaction, have been eliminated from the pro forma amounts presented in both periods. Pro forma results do not include any anticipated cost savings from the integration of this acquisition. Accordingly, such amounts are not necessarily indicative of the results that would have occurred if the acquisition had occurred on the date indicated or that may result in the future. Three Months Ended (In millions) August 28, 2021 Net sales $ 943.9 Net (loss) attributable to MillerKnoll, Inc. $ (24.3)

Inventories, net

Inventories, net	3 Months Ended
	Sep. 03, 2022
Inventory Disclosure [Abstract]
Inventories, net	Inventories, net (In millions) September 3, 2022 May 28, 2022 Finished goods and work in process $ 451.0 $ 441.6 Raw materials 164.5 145.7 Total $ 615.5 $ 587.3

Goodwill and Indefinite-Lived I

Goodwill and Indefinite-Lived Intangibles	3 Months Ended
	Sep. 03, 2022
Goodwill and Indefinite-lived Intangibles [Abstract]
Goodwill and Indefinite-Lived Intangibles	Goodwill and Indefinite-Lived Intangibles Goodwill and other indefinite-lived intangible assets included in the Condensed Consolidated Balance Sheets consisted of the following as of September 3, 2022 and May 28, 2022: (In millions) Americas Contract International Contract & Specialty Global Retail Total May 28, 2022 Goodwill $ 530.1 $ 340.9 $ 480.6 1,351.6 Foreign currency translation adjustments (9.7) (8.9) (10.0) (28.6) Accumulated impairment losses — (36.7) (88.8) (125.5) September 3, 2022 $ 520.4 $ 295.3 $ 381.8 $ 1,197.5 Other indefinite-lived assets included in the Consolidated Balance Sheets consist of the following: (In millions) Indefinite-lived Intangible Assets May 28, 2022 $ 501.0 Foreign currency translation adjustments (9.7) September 3, 2022 $ 491.3 Goodwill is tested for impairment at the reporting unit level annually, or more frequently when events or changes in circumstances indicate that the fair value of a reporting unit has more likely than not declined below its carrying value. When testing goodwill for impairment, the Company may first assess qualitative factors. If an initial qualitative assessment identifies that it is more likely than not that the carrying value of a reporting unit exceeds its estimated fair value, additional quantitative testing is performed. The Company may also elect to bypass the qualitative testing and proceed directly to the quantitative testing. If the quantitative testing indicates that goodwill is impaired, the carrying value of goodwill is written down to fair value. Each of the reporting units were reviewed for impairment using a qualitative assessment as of March 31, 2022, our annual testing date. In performing the qualitative impairment test for fiscal year 2022, the Company determined that the fair value of its reporting units exceeded the carrying amount and, as such, these reporting units were not impaired. In connection with the segment reorganization, certain of the Company’s reporting units have changed in composition, and goodwill was reallocated between such reporting units using a relative fair value approach. Accordingly, the Company performed interim goodwill impairment tests in the first quarter of 2023 for each reporting unit. Based on the results of the tests performed, the Company determined that the fair value of each reporting unit, both before and after the reorganization, exceeded its respective carrying amount.

Employee Benefit Plans

Employee Benefit Plans	3 Months Ended
	Sep. 03, 2022
Employee Benefit Plans [Abstract]
Employee Benefit Plans	Employee Benefit Plans The following table summarizes the components of net periodic benefit cost for the Company's defined benefit pension plans: Pension Benefits Three Months Ended September 3, 2022 Three Months Ended August 28, 2021 (In millions) Domestic International Domestic International Service cost $ — $ — $ 0.1 $ — Interest cost 1.5 0.8 0.5 0.8 Expected return on plan assets (1) (2.0) (1.2) (1.0) (1.8) Net amortization loss — 0.6 — 1.7 Net periodic benefit cost $ (0.5) $ 0.2 $ (0.4) $ 0.7 (1) The weighted-average expected long-term rate of return on plan assets is 4.99%.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Sep. 03, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table reconciles the numerators and denominators used in the calculations of basic and diluted earnings per share ("EPS") for the three months ended: Three Months Ended September 3, 2022 August 28, 2021 Numerators : Numerator for both basic and diluted EPS, Net earnings (loss) attributable to MillerKnoll, Inc. - in millions $ 25.8 $ (61.4) Denominators : Denominator for basic EPS, weighted-average common shares outstanding 75,482,572 66,302,214 Potentially dilutive shares resulting from stock plans 784,394 — Denominator for diluted EPS 76,266,966 66,302,214 Antidilutive equity awards not included in weighted-average common shares - diluted — 1,328,275

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Sep. 03, 2022
Stock-Based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation The following table summarizes the stock-based compensation expense and related income tax effect for the three months ended: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Stock-based compensation expense $ 5.4 $ 15.1 Related income tax effect $ 1.3 $ 3.7 The decrease in stock-based compensation expense was driven in part by the prior year's acceleration of stock-based compensation award expense related to the workforce reductions subsequent to the Knoll integration.

Income Taxes

Income Taxes	3 Months Ended
	Sep. 03, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The Company's process for determining the provision for income taxes for the three months ended September 3, 2022 involved using an estimated annual effective tax rate which was based on expected annual income and statutory tax rates across the various jurisdictions in which it operates. The effective tax rates were 18.8% and 15.3%, respectively, for the three month periods ended September 3, 2022 and August 28, 2021. The year over year change in the effective tax rate for the three months ended September 3, 2022 resulted from the current year quarter reporting pre-tax book income with favorable foreign tax credit impacts in the United States and the same quarter of the prior year reporting pre-tax book loss with non-deductible discrete compensation and acquisition costs in connection with the Knoll acquisition. For the three months ended September 3, 2022, the effective tax rate is lower than the United States federal statutory rate due to the favorable impact of increased foreign tax credits in the United States resulting from the recapture of prior year overall domestic loss. For the three months ended August 28, 2021, the effective tax rate is lower than the United States federal statutory rate due to the impact of the Knoll acquisition related costs creating a pre-tax loss for the quarter coupled with non-deductible discrete compensation and acquisition costs in the quarter. The Company recognizes interest and penalties related to uncertain tax benefits through income tax expense in its Condensed Consolidated Statements of Comprehensive Income. Interest and penalties recognized in the Company's Condensed Consolidated Statements of Comprehensive Income were negligible for the three months ended September 3, 2022 and August 28, 2021. The Company's recorded liability for potential interest and penalties related to uncertain tax benefits was: (In millions) September 3, 2022 May 28, 2022 Liability for interest and penalties $ 1.0 $ 0.9 Liability for uncertain tax positions, current $ 2.2 $ 2.3 The Company is subject to periodic audits by domestic and foreign tax authorities. Currently, the Company is undergoing routine periodic audits in both domestic and foreign tax jurisdictions. It is reasonably possible that the amounts of unrecognized tax benefits could change in the next twelve months because of the audits. Tax payments related to these audits, if any, are not expected to be material to the Company's Condensed Consolidated Statements of Comprehensive Income. For the majority of tax jurisdictions, the Company is no longer subject to state, local, or non-United States income tax examinations by tax authorities for fiscal years before 2019.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Sep. 03, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The Company's financial instruments consist of cash equivalents, marketable securities, accounts and notes receivable, a deferred compensation plan, accounts payable, debt, interest rate swaps, foreign currency exchange contracts, redeemable noncontrolling interests, indefinite-lived intangible assets and right-of-use assets. The Company's financial instruments, other than long-term debt, are recorded at fair value. The carrying value and fair value of the Company's long-term debt, including current maturities, is as follows for the periods indicated: (In millions) September 3, 2022 May 28, 2022 Carrying value $ 1,531.7 $ 1,427.9 Fair value $ 1,357.9 $ 1,364.7 The following describes the methods the Company uses to estimate the fair value of financial assets and liabilities recorded in net earnings, which have not significantly changed in the current period: Cash and cash equivalents — The Company invests excess cash in short term investments in the form of money market funds, which are valued using net asset value ("NAV"). Deferred compensation plan — The Company's deferred compensation plan primarily includes various domestic and international mutual funds that are recorded at fair value using quoted prices for similar securities. Foreign currency exchange contracts — The Company's foreign currency exchange contracts are valued using an approach based on foreign currency exchange rates obtained from active markets. The estimated fair value of forward currency exchange contracts is based on month-end spot rates as adjusted by market-based current activity. These forward contracts are not designated as hedging instruments. The following table sets forth financial assets and liabilities measured at fair value through net income and the respective pricing levels to which the fair value measurements are classified within the fair value hierarchy as of September 3, 2022 and May 28, 2022. (In millions) September 3, 2022 May 28, 2022 Financial Assets NAV Quoted Prices with Other NAV Quoted Prices with Other Cash equivalents: Money market funds $ 18.5 $ — $ 31.8 $ — Foreign currency forward contracts — 1.2 — 0.4 Deferred compensation plan — 15.6 — 15.0 Total $ 18.5 $ 16.8 $ 31.8 $ 15.4 Financial Liabilities Foreign currency forward contracts — 5.1 — 1.0 Total $ — $ 5.1 $ — $ 1.0 The following describes the methods the Company uses to estimate the fair value of financial assets and liabilities recorded in other comprehensive income, which have not significantly changed in the current period: Interest rate swap agreements — The value of the Company's interest rate swap agreements are determined using a market approach based on rates obtained from active markets. The interest rate swap agreements are designated as cash flow hedging instruments. The following table sets forth financial assets and liabilities measured at fair value through other comprehensive income and the respective pricing levels to which the fair value measurements are classified within the fair value hierarchy as of September 3, 2022 and May 28, 2022. (In millions) September 3, 2022 May 28, 2022 Financial Assets Balance Sheet Location Quoted Prices with Other Observable Inputs (Level 2) Quoted Prices with Other Observable Inputs (Level 2) Interest rate swap agreement Other noncurrent assets 50.6 31.9 Total $ 50.6 $ 31.9 Financial Liabilities Interest rate swap agreement Other liabilities — — Total $ — $ — Derivative Instruments and Hedging Activities Foreign Currency Forward Contracts The Company transacts business in various foreign currencies and has established a program that primarily utilizes foreign currency forward contracts to reduce the risks associated with the effects of certain foreign currency exposures. Under this program, the Company's strategy is to have increases or decreases in our foreign currency exposures offset by gains or losses on the foreign currency forward contracts to mitigate the risks and volatility associated with foreign currency transaction gains or losses. Foreign currency exposures typically arise from net liability or asset exposures in non-functional currencies on the balance sheets of our foreign subsidiaries. Foreign currency forward contracts generally settle within 30 days and are not used for trading purposes. These forward contracts are not designated as hedging instruments. Accordingly, we record the fair value of these contracts as of the end of the reporting period in the Consolidated Balance Sheets with changes in fair value recorded within the Consolidated Statements of Comprehensive Income. The balance sheet classification for the fair values of these forward contracts is to "Other current assets" for unrealized gains and to "Other accrued liabilities" for unrealized losses. The Consolidated Statements of Comprehensive Income classification for the fair values of these forward contracts is to "Other (income) expense, net", for both realized and unrealized gains and losses. Interest Rate Swaps The Company enters into interest rate swap agreements to manage its exposure to interest rate changes and its overall cost of borrowing. The Company's interest rate swap agreements exchange variable rate interest payments for fixed rate payments over the life of the agreement without the exchange of the underlying notional amounts. The notional amount of the interest rate swap agreements is used to measure interest to be paid or received. The differential paid or received on the interest rate swap agreements is recognized as an adjustment to interest expense. The interest rate swaps were designated as cash flow hedges at inception and the facts and circumstances of the hedged relationships remain consistent with the initial quantitative effectiveness assessment in that the hedged instruments remain an effective accounting hedge as of September 3, 2022. Since a designated derivative meets hedge accounting criteria, the fair value of the hedge is recorded in the Consolidated Statements of Stockholders’ Equity as a component of "Accumulated other comprehensive loss, net of tax." The ineffective portion of the change in fair value of the derivatives is immediately recognized in earnings. The interest rate swap agreements are assessed for hedge effectiveness on a quarterly basis. (In millions) Notional Amount Forward Start Date Termination Date Effective Fixed Interest Rate September 2016 Interest Rate Swap $ 150.0 January 3, 2018 January 3, 2028 1.949 % June 2017 Interest Rate Swap $ 75.0 January 3, 2018 January 3, 2028 2.387 % January 2022 Interest Rate Swap $ 575.0 January 31, 2022 January 29, 2027 1.689 % The swaps above effectively converted indebtedness anticipated to be borrowed on the Company's revolving line of credit up to the notional amounts from a LIBOR-based floating interest rate plus applicable margin to an effective fixed rate plus applicable margin under the agreements as of the forward start date. The following table summarizes the effects of the interest rate swap agreements for the three months ended: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Gain recognized in Other comprehensive loss (effective portion) $ 14.3 $ (1.0) (Loss) reclassified from Accumulated other comprehensive loss into earnings $ (0.4) $ (0.8) There were no gains or losses recognized in earnings for hedge ineffectiveness for the three month periods ended September 3, 2022 and August 28, 2021. The amount of loss expected to be reclassified from Accumulated other comprehensive loss into earnings during the next twelve months is $15.0 million, and net of tax is $11.2 million. Redeemable Noncontrolling Interests Changes in the Company's redeemable noncontrolling interest in HAY for the three months ended September 3, 2022 and August 28, 2021 are as follows: (In millions) September 3, 2022 August 28, 2021 Beginning Balance $ 106.9 $ 77.0 Net income attributable to redeemable noncontrolling interests 1.6 1.6 Distributions to redeemable noncontrolling interests — (3.9) Cumulative translation adjustments attributable to redeemable noncontrolling interests 0.1 0.5 Foreign currency translation adjustments (7.9) (2.6) Ending Balance $ 100.7 $ 72.6

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Sep. 03, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Product Warranties The Company provides coverage to the end-user for parts and labor on products sold under its warranty policy and for other product-related matters. The specific terms, conditions and length of those warranties vary depending upon the product sold. The Company does not sell or otherwise issue warranties or warranty extensions as stand-alone products. Reserves have been established for various costs associated with the Company's warranty programs. General warranty reserves are based on historical claims experience and other currently available information and are periodically adjusted for business levels and other factors. Specific reserves are established once an issue is identified with the amounts for such reserves based on the estimated cost of correction. The Company provides an assurance-type warranty that ensures that products will function as intended. As such, the Company's estimated warranty obligation is accounted for as a liability and is recorded within current and long-term liabilities within the Condensed Consolidated Balance Sheets. Changes in the warranty reserve for the stated periods were as follows: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Accrual Balance — beginning $ 73.2 $ 60.1 Accrual for warranty matters 4.3 5.4 Settlements and adjustments (5.2) (5.8) Acquired through business acquisition — 15.1 Measurement period adjustments to the reserve made subsequent to the period ended August 28, 2021 — (5.0) Accrual Balance — ending $ 72.3 $ 69.8 Guarantees The Company is periodically required to provide performance bonds to do business with certain customers. These arrangements are common in the industry and generally have terms ranging between one year and three years. The bonds are required to provide assurance to customers that the products and services they have purchased will be installed and/or provided properly and without damage to their facilities. The bonds are provided by various bonding agencies. However, the Company is ultimately liable for claims that may occur against them. As of September 3, 2022, the Company had a maximum financial exposure related to performance bonds totaling approximately $7.0 million. The Company has no history of claims, nor is it aware of circumstances that would require it to pay, under any of these arrangements. The Company also believes that the resolution of any claims that might arise in the future, either individually or in the aggregate, would not materially affect the Company's Consolidated Financial Statements. Accordingly, no liability has been recorded in respect to these bonds as of either September 3, 2022 or May 28, 2022. The Company has entered into standby letter of credit arrangements for purposes of protecting various insurance companies and lessors against default on insurance premium and lease payments. As of September 3, 2022, the Company had a maximum financial exposure from these standby letters of credit totaling approximately $14.5 million, all of which is considered usage against the Company's revolving line of credit. The Company has no history of claims, nor is it aware of circumstances that would require it to perform, under any of these arrangements and believes that the resolution of any claims that might arise in the future, either individually or in the aggregate, would not materially affect the Company's Consolidated Financial Statements. Accordingly, no liability has been recorded in respect to these arrangements as of September 3, 2022 or May 28, 2022. Contingencies The Company is also involved in legal proceedings and litigation arising in the ordinary course of business. In the opinion of management, the outcome of such proceedings and litigation currently pending will not have a material adverse effect, if any, on the Company's Consolidated Financial Statements.

Short-Term Borrowings and Long-

Short-Term Borrowings and Long-Term Debt	3 Months Ended
	Sep. 03, 2022
Debt Disclosure [Abstract]
Short-Term Borrowings and Long-Term Debt	Short-Term Borrowings and Long-Term Debt Short-term borrowings and long-term debt as of September 3, 2022 and May 28, 2022 consisted of the following: (In millions) September 3, 2022 May 28, 2022 Syndicated revolving line of credit, due July 2026 $ 523.9 $ 413.0 Term Loan A, 4.1250%, due July 2026 385.0 390.0 Term Loan B, 4.3750%, due July 2028 620.3 621.8 Supplier financing program 2.5 3.1 Total debt $ 1,531.7 $ 1,427.9 Less: Unamortized discount and issuance costs (18.6) (19.4) Less: Current debt (28.7) (29.3) Long-term debt $ 1,484.4 $ 1,379.2 In connection with the acquisition of Knoll, in July, 2021, the Company entered into a credit agreement that provided for a syndicated revolving line of credit and two term loans. The revolving line of credit provides the Company with up to $725 million in revolving variable interest borrowing capacity that matures in July 2026, replacing the previous $500 million syndicated revolving line of credit. The term loans consist of a five-year senior secured term loan "A" facility with an aggregate principal amount of $400 million and a seven-year senior secured term loan "B" facility with an aggregate principal amount of $625 million, the proceeds of which were used to finance a portion of the cash consideration for the acquisition of Knoll, for the repayment of certain debt of Knoll and to pay fees, costs and expenses related thereto. Both term loans have a LIBOR-based floating interest rate plus applicable margin. The credit agreement provides for the transition from LIBOR to SOFR, the recommended risk-free reference rate of the Federal Reserve Board and Alternative Reference Rates Committee, as of the LIBOR Transition Date, as defined within the credit agreement. The credit agreement includes accommodations regarding the transition to SOFR. In the three months ended August 28, 2021, the Company repaid $64 million of private placement notes due May 20, 2030 and a loss on extinguishment of debt of approximately $13.4 million was recognized as part of the repayment of the private placement notes, which represented the premium on early redemption. The Company made principal payments on term loan "A" and "B" during the three months ended September 3, 2022 in the amount of $5.0 million and $1.6 million, respectively. Available borrowings under the syndicated revolving line of credit were as follows for the periods indicated: (In millions) September 3, 2022 May 28, 2022 Syndicated revolving line of credit borrowing capacity $ 725.0 $ 725.0 Less: Borrowings under the syndicated revolving line of credit 523.9 413.0 Less: Outstanding letters of credit 14.5 15.4 Available borrowings under the syndicated revolving line of credit $ 186.6 $ 296.6 Supplier Financing Program The Company has an agreement with a third-party financial institution that allows certain participating suppliers the ability to finance payment obligations of the Company. Under this program, participating suppliers may finance payment obligations of the Company, prior to their scheduled due dates, at a discounted price to the third-party financial institution. The Company has lengthened the payment terms for certain suppliers that have chosen to participate in the program. As a result, certain amounts due to suppliers have payment terms that are longer than standard industry practice and as such, these amounts have been excluded from “Accounts payable” in the Condensed Consolidated Balance Sheets as the amounts have been accounted for by the Company as current debt, within “Short-term borrowings and current portion of long-term debt”.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	3 Months Ended
	Sep. 03, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The following table provides an analysis of the changes in accumulated other comprehensive loss for the three months ended September 3, 2022 and August 28, 2021: (In millions) Cumulative Translation Adjustments Pension and Other Post-retirement Benefit Plans Interest Rate Swap Agreement Accumulated Other Comprehensive Loss Balance at May 28, 2022 $ (93.9) $ (36.9) $ 23.7 $ (107.1) Other comprehensive (loss) income, net of tax before reclassifications (72.5) — 14.7 (57.8) Reclassification from accumulated other comprehensive loss - Other, net — 0.5 (0.4) 0.1 Tax benefit — (0.1) — (0.1) Net reclassifications — 0.4 (0.4) — Net current period other comprehensive (loss) income (72.5) 0.4 14.3 (57.8) Balance at September 3, 2022 $ (166.4) $ (36.5) $ 38.0 $ (164.9) Balance at May 29, 2021 $ (3.9) $ (50.4) $ (10.8) $ (65.1) Other comprehensive income (loss), net of tax before reclassifications (16.5) — (0.2) (16.7) Reclassification from accumulated other comprehensive loss - Other, net — 2.5 (0.8) 1.7 Tax benefit — (0.2) — (0.2) Net reclassifications — 2.3 (0.8) 1.5 Net current period other comprehensive income (loss) (16.5) 2.3 (1.0) (15.2) Balance at August 28, 2021 $ (20.4) $ (48.1) $ (11.8) $ (80.3)

Operating Segments

Operating Segments	3 Months Ended
	Sep. 03, 2022
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Operating Segments	Operating Segments Effective as of May 29, 2022, the beginning of fiscal year 2023, the Company implemented an organizational change that resulted in a change in the reportable segments. The Company has restated historical results to reflect this change. Below is a summary of the change in reportable segments. • The reportable segments now consist of three segments: Americas Contract ("Americas"), International Contract & Specialty ("International & Specialty"), and Global Retail ("Retail"). • The activities related to the manufacture and sale of furniture products direct to consumers and third-party retailers for the Knoll, Muuto and Fully brands that were previously reported within the Knoll segment have been moved to the Global Retail segment. • The activities related to the manufacture and sale of furniture products in the Americas for the Knoll, Muuto and Datesweiser brands that were previously reported within the Knoll segment have been moved to the Americas Contract segment. • The activities related to the manufacture and sale of furniture products in geographies other than the Americas for the Knoll and Muuto brands have been moved to the International Contract & Specialty segment. • The activities related to manufacture and sale of products for the Maharam brand have been moved from the Americas Contract segment to the International Contract & Specialty segment, along with the activities of Holly Hunt, Spinneybeck, Knoll Textiles, and Edelman, which were previously reported within the Knoll segment. The Americas Contract segment includes the operations associated with the design, manufacture and sale of furniture products directly or indirectly through an independent dealership network for office, healthcare, and educational environments throughout North and South America. The International Contract and Specialty segment includes the operations associated with the design, manufacture and sale of furniture products, indirectly or directly through an independent dealership network in Europe, the Middle East, Africa and Asia-Pacific as well as the global operations of the Specialty brands, which include Holly Hunt, Spinneybeck, Maharam, Edelman, and Knoll Textiles. The Global Retail segment includes global operations associated with the sale of modern design furnishings and accessories to third party retailers, as well as direct to consumer sales through eCommerce, direct-mail catalogs, and physical retail stores. The Company also reports a “Corporate” category consisting primarily of unallocated expenses related to general corporate functions, including, but not limited to, certain legal, executive, corporate finance, information technology, administrative and acquisition-related costs. Management regularly reviews corporate costs and believes disclosing such information provides more visibility and transparency regarding how the chief operating decision maker reviews results of the Company. The accounting policies of the operating segments are the same as those of the Company. The following is a summary of certain key financial measures for the respective periods indicated: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Net Sales: Americas $ 537.4 $ 381.3 International & Specialty 272.5 167.1 Retail 268.9 241.3 Total $ 1,078.8 $ 789.7 Operating Earnings (Loss): Americas $ 20.4 $ (10.6) International & Specialty 27.9 6.6 Retail 17.8 26.4 Corporate (15.3) (75.0) Total $ 50.8 $ (52.6) Many of the Company's assets, including manufacturing, office and showroom facilities, support multiple segments. For that reason, it is impractical to disclose asset information on a segment basis.

Restructuring and Integration E

Restructuring and Integration Expense	3 Months Ended
	Sep. 03, 2022
Restructuring and Related Activities [Abstract]
Restructuring and Integration Expense	Restructuring and Integration Expense As part of restructuring and integration activities the Company has incurred expenses that qualify as exit and disposal costs under U.S. GAAP. These include severance and employee benefit costs as well as other direct separation benefit costs. Severance and employee benefit costs primarily relate to cash severance, non-cash severance, including accelerated equity award compensation expense. The Company also incurs expenses that are an integral component of, and directly attribute to, our restructuring and integration activities, which do not qualify as exit and disposal costs under U.S. GAAP. These include integration implementation costs that relate primarily to professional fees and non-cash losses incurred on debt extinguishment. The expense associated with integration initiatives are included in Selling, general and administrative and the expense associated with restructuring activities are included in Restructuring expense in the Condensed Consolidated Statements of Comprehensive Income. Non-cash costs related to debt extinguishment in the financing of the transaction is recorded in Other expense (income), net in the Condensed Consolidated Statements of Comprehensive Income. Knoll Integration: Following the Knoll merger the Company announced a multi-year program (the "Knoll Integration") designed to reduce costs, integrate and optimize the combined organization. The Company currently expects that the Knoll Integration will result in pre-tax costs that are expected not to exceed approximately $100 million to $120 million, comprised of the following categories: • Severance and employee benefit costs associated with plans to integrate our operating structure, resulting in workforce reductions. These costs will primarily include: severance and employee benefits (cash severance, non-cash severance, including accelerated stock-compensation award expense and other termination benefits). • Exit and disposal activities include those incurred as a direct result of integration activities, primarily including contract and lease terminations and asset impairment charges. • Other integration costs include professional fees and other incremental third-party expenses, including a loss on extinguishment of debt associated with financing of the merger. For the three months ended September 3, 2022, we incurred $4.6 million of costs related to the Knoll Integration including: $1.2 million of severance and employee benefit costs, $1.4 million of lease termination fees, and $2.0 million of other integration costs. The following table provides an analysis of the changes in liability balance for Knoll Integration costs that qualify as exit and disposal costs under U.S. GAAP (i.e., severance and employee benefit costs and exit and disposal activities) for the three months ended September 3, 2022: (In millions) Severance and Employee Benefit Exit and Disposal Activities Total May 29, 2022 $ 1.4 $ — $ 1.4 Integration Costs 1.2 1.4 2.6 Amounts Paid (1.5) (1.4) (2.9) Non-cash costs (0.2) — (0.2) September 3, 2022 $ 0.9 $ — $ 0.9 The Company's expects that a substantial portion of the liability for the Knoll Integration as of September 3, 2022 to be paid in fiscal year 2023. The following is a summary of integration expenses by segment for the periods indicated: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Americas Contract $ 2.9 $ 1.0 International Contract & Specialty 0.5 — Retail 0.2 — Corporate 1.0 54.6 Total $ 4.6 $ 55.6 Restructuring Activities: During the first quarter of fiscal 2023, the Company recognized restructuring charges associated with involuntary workforce reductions within the Global Retail segment. As a result of this action the Company incurred severance and related charges of $0.5 million. The following table provides an analysis of the changes in the restructuring cost reserve for the three months ended September 3, 2022: (In millions) Severance and Employee-Related May 28, 2022 $ — Restructuring Costs 0.5 Amounts Paid — September 3, 2022 $ 0.5 The following is a summary of restructuring expenses by segment for the periods indicated: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Americas Contract $ — $ — International Contract & Specialty — — Retail 0.5 — Total $ 0.5 $ —

Variable Interest Entities

Variable Interest Entities	3 Months Ended
	Sep. 03, 2022
Variable Interest Entities [Abstract]
Variable Interest Entities	Variable Interest Entities The Company entered into notes receivable with certain of its third-party owned dealers that are deemed to be variable interests in variable interest entities. The carrying value of these notes receivable was $5.8 million and $1.2 million as of September 3, 2022 and May 28, 2022 respectively. This carrying value of long-term notes receivable represents the Company’s maximum exposure to loss. The Company is not deemed to be the primary beneficiary for any of these variable interest entities as each dealer controls the activities that most significantly impact the entity’s economic performance, including sales, marketing, and operations.

Recently Issued Accounting St_2

Recently Issued Accounting Standards (Policies)	3 Months Ended
	Sep. 03, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Basis of Presentation	Basis of Presentation The Condensed Consolidated Financial Statements have been prepared by MillerKnoll, Inc. in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required by U.S. GAAP for complete financial statements. Management believes the disclosures made in this document are adequate with respect to interim reporting requirements. Unless otherwise noted or indicated by the context, all references to "MillerKnoll," "we," "our," "Company" and similar references are to MillerKnoll, Inc., its predecessors, and controlled subsidiaries.
Intercompany Transactions	All intercompany transactions have been eliminated in the Condensed Consolidated Financial Statements. The financial statements of equity method investments are not consolidated.
Segment Reorganization	Segment Reorganization Effective as of May 29, 2022, the beginning of fiscal year 2023, the Company implemented an organizational change that resulted in a change in the reportable segments. The Company has recast historical results to reflect this change. See Note 15 "Operating Segments" for additional information.
Fiscal Period, Policy	The Company's fiscal year is the 52 or 53 week period ending on the Saturday closest to May 31. The fiscal year ended May 28, 2022 ("fiscal 2022") was a 52 week period while the fiscal year ending June 3, 2023 ("fiscal 2023") will be a 53 week period. The first quarter of fiscal 2022 contained 13 weeks and the first quarter of fiscal 2023 contained 14 weeks.
Change in Accounting Principle and Recently Issued Accounting Standards	Change in Accounting Principle In the fourth quarter of fiscal 2022, we elected to change our method of accounting for the cost of certain inventories within our Americas segment from the last-in, first-out method (“LIFO”) to first-in, first-out method (“FIFO”). With this change there are The Company evaluates all Accounting Standards Updates ("ASUs") issued by the Financial Accounting Standards Board ("FASB") for consideration of their applicability to our consolidated financial statements. We have assessed all ASUs issued but not yet adopted and concluded that those not disclosed are not relevant to the Company or are not expected to have a material impact.
Inventories, net	Inventories are primarily valued using the first-in first-out method.
Share-Based Compensation	Certain Company equity-based compensation awards contain provisions that allow for continued vesting into retirement. Stock-based awards are considered fully vested for expense attribution purposes when the employee's retention of the award is no longer contingent on providing subsequent service.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities Foreign Currency Forward Contracts The Company transacts business in various foreign currencies and has established a program that primarily utilizes foreign currency forward contracts to reduce the risks associated with the effects of certain foreign currency exposures. Under this program, the Company's strategy is to have increases or decreases in our foreign currency exposures offset by gains or losses on the foreign currency forward contracts to mitigate the risks and volatility associated with foreign currency transaction gains or losses. Foreign currency exposures typically arise from net liability or asset exposures in non-functional currencies on the balance sheets of our foreign subsidiaries. Foreign currency forward contracts generally settle within 30 days and are not used for trading purposes. These forward contracts are not designated as hedging instruments. Accordingly, we record the fair value of these contracts as of the end of the reporting period in the Consolidated Balance Sheets with changes in fair value recorded within the Consolidated Statements of Comprehensive Income. The balance sheet classification for the fair values of these forward contracts is to "Other current assets" for unrealized gains and to "Other accrued liabilities" for unrealized losses. The Consolidated Statements of Comprehensive Income classification for the fair values of these forward contracts is to "Other (income) expense, net", for both realized and unrealized gains and losses. Interest Rate Swaps The Company enters into interest rate swap agreements to manage its exposure to interest rate changes and its overall cost of borrowing. The Company's interest rate swap agreements exchange variable rate interest payments for fixed rate payments over the life of the agreement without the exchange of the underlying notional amounts. The notional amount of the interest rate swap agreements is used to measure interest to be paid or received. The differential paid or received on the interest rate swap agreements is recognized as an adjustment to interest expense. The interest rate swaps were designated as cash flow hedges at inception and the facts and circumstances of the hedged relationships remain consistent with the initial quantitative effectiveness assessment in that the hedged instruments remain an effective accounting hedge as of September 3, 2022. Since a designated derivative meets hedge accounting criteria, the fair value of the hedge is recorded in the Consolidated Statements of Stockholders’ Equity as a component of "Accumulated other comprehensive loss, net of tax." The ineffective portion of the change in fair value of the derivatives is immediately recognized in earnings. The interest rate swap agreements are assessed for hedge effectiveness on a quarterly basis.

Revenue from Contracts with C_2

Revenue from Contracts with Customers (Tables)	3 Months Ended
	Sep. 03, 2022
Revenue from Contract with Customer [Abstract]
Schedule of Disaggregated Revenue	Revenue disaggregated by contract type is provided in the table below: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Net Sales: Single performance obligation Product revenue $ 1,007.7 $ 736.3 Multiple performance obligations Product revenue 66.5 49.6 Service revenue 1.2 1.9 Other 3.4 1.9 Total $ 1,078.8 $ 789.7 Revenue disaggregated by product type and reportable segment is provided in the table below: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Americas Contract: Workplace $ 338.7 $ 233.7 Performance Seating 118.9 92.6 Lifestyle 71.1 44.8 Other 8.7 10.2 Total Americas Contract $ 537.4 $ 381.3 International Contract & Specialty: Workplace $ 44.4 $ 28.2 Performance Seating 68.9 49.7 Lifestyle 107.0 54.0 Other 52.2 35.2 Total International Contract & Specialty $ 272.5 $ 167.1 Global Retail: Workplace $ 27.5 $ 19.0 Performance Seating 51.2 63.4 Lifestyle 189.8 158.5 Other 0.4 0.4 Total Global Retail $ 268.9 $ 241.3 Total $ 1,078.8 $ 789.7

Acquisitions (Tables)

Acquisitions (Tables)	3 Months Ended
	Sep. 03, 2022
Business Combination and Asset Acquisition [Abstract]
Schedule of Business Acquisitions by Acquisition, Fair Value of Consideration Transferred	The acquisition date fair value of the consideration transferred for Knoll was $1,887.3 million, which consisted of the following (in millions, except share amounts): Knoll Shares Herman Miller, Inc (now MillerKnoll, Inc.) Shares Exchanged Fair Value Cash Consideration: Shares of Knoll Common Stock issued and outstanding at July 19, 2021 49,444,825 $ 543.9 Knoll equivalent shares for outstanding option awards, outstanding awards of restricted common stock held by non-employee directors and outstanding awards of performance units held by individuals who are former employees of Knoll and remain eligible to vest at July 19, 2021 184,857 1.4 Total number of Knoll shares for cash consideration 49,629,682 Shares of Knoll Preferred Stock issued and outstanding at July 19, 2021 169,165 254.4 Consideration for payment to settle Knoll's outstanding debt 376.9 Share Consideration: Shares of Knoll Common Stock issued and outstanding at July 19, 2021 49,444,825 Knoll equivalent shares for outstanding awards of restricted common stock held by non-employee directors and outstanding awards of performance units held by individuals who are former employees of Knoll and remain eligible to vest at July 19, 2021 74,857 Total number of Knoll shares for share consideration 49,519,682 15,843,921 688.3 Replacement Share-Based Awards: Outstanding awards of Knoll Restricted Stock and Performance units relating to Knoll Common Stock at July 19, 2021 22.4 Total acquisition date fair value of consideration transferred $ 1,887.3
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The following table summarizes the fair value of assets acquired and liabilities assumed as of the date of acquisition: (In millions) Fair Value Cash $ 88.0 Accounts receivable 82.3 Inventories 219.9 Other current assets 29.2 Property and equipment 296.5 Right-of-use assets 202.7 Intangible assets 756.6 Goodwill 903.5 Other noncurrent assets 25.1 Total assets acquired 2,603.8 Accounts payable 144.0 Other current liabilities 153.1 Lease liabilities 177.8 Other liabilities 241.6 Total liabilities assumed 716.5 Net Assets Acquired $ 1,887.3
Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	The following table summarizes the acquired identified intangible assets, valuation method employed, useful lives and fair value, as determined by the Company as of the acquisition date: (In millions) Valuation Method Useful Life (years) Fair Value Backlog Multi-Period Excess Earnings Less than 1 Year $ 27.6 Trade name - indefinite lived Relief from Royalty Indefinite 418.0 Trade name - amortizing Relief from Royalty 5-10 Years 14.0 Designs Relief from Royalty 9-15 years 40.0 Customer Relationships Multi-Period Excess Earnings 2-15 years 257.0 Total $ 756.6
Schedule of Business Acquisition, Pro Forma Information	Accordingly, such amounts are not necessarily indicative of the results that would have occurred if the acquisition had occurred on the date indicated or that may result in the future. Three Months Ended (In millions) August 28, 2021 Net sales $ 943.9 Net (loss) attributable to MillerKnoll, Inc. $ (24.3)

Inventories, net (Tables)

Inventories, net (Tables)	3 Months Ended
	Sep. 03, 2022
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	(In millions) September 3, 2022 May 28, 2022 Finished goods and work in process $ 451.0 $ 441.6 Raw materials 164.5 145.7 Total $ 615.5 $ 587.3

Goodwill and Indefinite-Lived_2

Goodwill and Indefinite-Lived Intangibles (Tables)	3 Months Ended
	Sep. 03, 2022
Goodwill and Indefinite-lived Intangibles [Abstract]
Schedule of Goodwill and Indefinite-Lived Intangibles	Goodwill and other indefinite-lived intangible assets included in the Condensed Consolidated Balance Sheets consisted of the following as of September 3, 2022 and May 28, 2022: (In millions) Americas Contract International Contract & Specialty Global Retail Total May 28, 2022 Goodwill $ 530.1 $ 340.9 $ 480.6 1,351.6 Foreign currency translation adjustments (9.7) (8.9) (10.0) (28.6) Accumulated impairment losses — (36.7) (88.8) (125.5) September 3, 2022 $ 520.4 $ 295.3 $ 381.8 $ 1,197.5 Other indefinite-lived assets included in the Consolidated Balance Sheets consist of the following: (In millions) Indefinite-lived Intangible Assets May 28, 2022 $ 501.0 Foreign currency translation adjustments (9.7) September 3, 2022 $ 491.3

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	3 Months Ended
	Sep. 03, 2022
Employee Benefit Plans [Abstract]
Schedule of Defined Benefit Plans Disclosures	The following table summarizes the components of net periodic benefit cost for the Company's defined benefit pension plans: Pension Benefits Three Months Ended September 3, 2022 Three Months Ended August 28, 2021 (In millions) Domestic International Domestic International Service cost $ — $ — $ 0.1 $ — Interest cost 1.5 0.8 0.5 0.8 Expected return on plan assets (1) (2.0) (1.2) (1.0) (1.8) Net amortization loss — 0.6 — 1.7 Net periodic benefit cost $ (0.5) $ 0.2 $ (0.4) $ 0.7 (1) The weighted-average expected long-term rate of return on plan assets is 4.99%.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Sep. 03, 2022
Earnings Per Share [Abstract]
Schedule of Calculation of Numerator and Denominator in Earnings Per Share	The following table reconciles the numerators and denominators used in the calculations of basic and diluted earnings per share ("EPS") for the three months ended: Three Months Ended September 3, 2022 August 28, 2021 Numerators : Numerator for both basic and diluted EPS, Net earnings (loss) attributable to MillerKnoll, Inc. - in millions $ 25.8 $ (61.4) Denominators : Denominator for basic EPS, weighted-average common shares outstanding 75,482,572 66,302,214 Potentially dilutive shares resulting from stock plans 784,394 — Denominator for diluted EPS 76,266,966 66,302,214 Antidilutive equity awards not included in weighted-average common shares - diluted — 1,328,275

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Sep. 03, 2022
Stock-Based Compensation [Abstract]
Schedule of Share-based Compensation Arrangements by Share-based Payment Award	The following table summarizes the stock-based compensation expense and related income tax effect for the three months ended: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Stock-based compensation expense $ 5.4 $ 15.1 Related income tax effect $ 1.3 $ 3.7

Income Taxes (Tables)

Income Taxes (Tables)	3 Months Ended
	Sep. 03, 2022
Income Tax Disclosure [Abstract]
Schedule of Liability for Potential Interest and Penalties on Uncertain Tax Positions	The Company's recorded liability for potential interest and penalties related to uncertain tax benefits was: (In millions) September 3, 2022 May 28, 2022 Liability for interest and penalties $ 1.0 $ 0.9 Liability for uncertain tax positions, current $ 2.2 $ 2.3

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Sep. 03, 2022
Fair Value Disclosures [Abstract]
Schedule of Long-term Debt Instruments	The carrying value and fair value of the Company's long-term debt, including current maturities, is as follows for the periods indicated: (In millions) September 3, 2022 May 28, 2022 Carrying value $ 1,531.7 $ 1,427.9 Fair value $ 1,357.9 $ 1,364.7
Schedule of Assets and Liabilities Measured at Fair Value and Recorded in Net Earnings	The following table sets forth financial assets and liabilities measured at fair value through net income and the respective pricing levels to which the fair value measurements are classified within the fair value hierarchy as of September 3, 2022 and May 28, 2022. (In millions) September 3, 2022 May 28, 2022 Financial Assets NAV Quoted Prices with Other NAV Quoted Prices with Other Cash equivalents: Money market funds $ 18.5 $ — $ 31.8 $ — Foreign currency forward contracts — 1.2 — 0.4 Deferred compensation plan — 15.6 — 15.0 Total $ 18.5 $ 16.8 $ 31.8 $ 15.4 Financial Liabilities Foreign currency forward contracts — 5.1 — 1.0 Total $ — $ 5.1 $ — $ 1.0
Schedule of Assets and Liabilities Measured at Fair Value and Recorded in Other Comprehensive Income	The following table sets forth financial assets and liabilities measured at fair value through other comprehensive income and the respective pricing levels to which the fair value measurements are classified within the fair value hierarchy as of September 3, 2022 and May 28, 2022. (In millions) September 3, 2022 May 28, 2022 Financial Assets Balance Sheet Location Quoted Prices with Other Observable Inputs (Level 2) Quoted Prices with Other Observable Inputs (Level 2) Interest rate swap agreement Other noncurrent assets 50.6 31.9 Total $ 50.6 $ 31.9 Financial Liabilities Interest rate swap agreement Other liabilities — — Total $ — $ —
Schedule of Interest Rate Derivatives	(In millions) Notional Amount Forward Start Date Termination Date Effective Fixed Interest Rate September 2016 Interest Rate Swap $ 150.0 January 3, 2018 January 3, 2028 1.949 % June 2017 Interest Rate Swap $ 75.0 January 3, 2018 January 3, 2028 2.387 % January 2022 Interest Rate Swap $ 575.0 January 31, 2022 January 29, 2027 1.689 % The following table summarizes the effects of the interest rate swap agreements for the three months ended: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Gain recognized in Other comprehensive loss (effective portion) $ 14.3 $ (1.0) (Loss) reclassified from Accumulated other comprehensive loss into earnings $ (0.4) $ (0.8)
Schedule of Redeemable Noncontrolling Interest	Changes in the Company's redeemable noncontrolling interest in HAY for the three months ended September 3, 2022 and August 28, 2021 are as follows: (In millions) September 3, 2022 August 28, 2021 Beginning Balance $ 106.9 $ 77.0 Net income attributable to redeemable noncontrolling interests 1.6 1.6 Distributions to redeemable noncontrolling interests — (3.9) Cumulative translation adjustments attributable to redeemable noncontrolling interests 0.1 0.5 Foreign currency translation adjustments (7.9) (2.6) Ending Balance $ 100.7 $ 72.6

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Sep. 03, 2022
Commitments and Contingencies Disclosure [Abstract]
Schedule of Product Warranty Liability	Changes in the warranty reserve for the stated periods were as follows: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Accrual Balance — beginning $ 73.2 $ 60.1 Accrual for warranty matters 4.3 5.4 Settlements and adjustments (5.2) (5.8) Acquired through business acquisition — 15.1 Measurement period adjustments to the reserve made subsequent to the period ended August 28, 2021 — (5.0) Accrual Balance — ending $ 72.3 $ 69.8

Short-Term Borrowings and Lon_2

Short-Term Borrowings and Long-Term Debt (Tables)	3 Months Ended
	Sep. 03, 2022
Debt Disclosure [Abstract]
Schedule of Long-term Debt Instruments	Short-term borrowings and long-term debt as of September 3, 2022 and May 28, 2022 consisted of the following: (In millions) September 3, 2022 May 28, 2022 Syndicated revolving line of credit, due July 2026 $ 523.9 $ 413.0 Term Loan A, 4.1250%, due July 2026 385.0 390.0 Term Loan B, 4.3750%, due July 2028 620.3 621.8 Supplier financing program 2.5 3.1 Total debt $ 1,531.7 $ 1,427.9 Less: Unamortized discount and issuance costs (18.6) (19.4) Less: Current debt (28.7) (29.3) Long-term debt $ 1,484.4 $ 1,379.2
Schedule of Line of Credit Facilities	Available borrowings under the syndicated revolving line of credit were as follows for the periods indicated: (In millions) September 3, 2022 May 28, 2022 Syndicated revolving line of credit borrowing capacity $ 725.0 $ 725.0 Less: Borrowings under the syndicated revolving line of credit 523.9 413.0 Less: Outstanding letters of credit 14.5 15.4 Available borrowings under the syndicated revolving line of credit $ 186.6 $ 296.6

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Loss (Tables)	3 Months Ended
	Sep. 03, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The following table provides an analysis of the changes in accumulated other comprehensive loss for the three months ended September 3, 2022 and August 28, 2021: (In millions) Cumulative Translation Adjustments Pension and Other Post-retirement Benefit Plans Interest Rate Swap Agreement Accumulated Other Comprehensive Loss Balance at May 28, 2022 $ (93.9) $ (36.9) $ 23.7 $ (107.1) Other comprehensive (loss) income, net of tax before reclassifications (72.5) — 14.7 (57.8) Reclassification from accumulated other comprehensive loss - Other, net — 0.5 (0.4) 0.1 Tax benefit — (0.1) — (0.1) Net reclassifications — 0.4 (0.4) — Net current period other comprehensive (loss) income (72.5) 0.4 14.3 (57.8) Balance at September 3, 2022 $ (166.4) $ (36.5) $ 38.0 $ (164.9) Balance at May 29, 2021 $ (3.9) $ (50.4) $ (10.8) $ (65.1) Other comprehensive income (loss), net of tax before reclassifications (16.5) — (0.2) (16.7) Reclassification from accumulated other comprehensive loss - Other, net — 2.5 (0.8) 1.7 Tax benefit — (0.2) — (0.2) Net reclassifications — 2.3 (0.8) 1.5 Net current period other comprehensive income (loss) (16.5) 2.3 (1.0) (15.2) Balance at August 28, 2021 $ (20.4) $ (48.1) $ (11.8) $ (80.3)

Operating Segments (Tables)

Operating Segments (Tables)	3 Months Ended
	Sep. 03, 2022
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Schedule of Segment Reporting Information, by Segment	The following is a summary of certain key financial measures for the respective periods indicated: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Net Sales: Americas $ 537.4 $ 381.3 International & Specialty 272.5 167.1 Retail 268.9 241.3 Total $ 1,078.8 $ 789.7 Operating Earnings (Loss): Americas $ 20.4 $ (10.6) International & Specialty 27.9 6.6 Retail 17.8 26.4 Corporate (15.3) (75.0) Total $ 50.8 $ (52.6)

Restructuring and Integration_2

Restructuring and Integration Expense (Tables)	3 Months Ended
	Sep. 03, 2022
Restructuring and Related Activities [Abstract]
Schedule of Restructuring and Related Costs	The following table provides an analysis of the changes in liability balance for Knoll Integration costs that qualify as exit and disposal costs under U.S. GAAP (i.e., severance and employee benefit costs and exit and disposal activities) for the three months ended September 3, 2022: (In millions) Severance and Employee Benefit Exit and Disposal Activities Total May 29, 2022 $ 1.4 $ — $ 1.4 Integration Costs 1.2 1.4 2.6 Amounts Paid (1.5) (1.4) (2.9) Non-cash costs (0.2) — (0.2) September 3, 2022 $ 0.9 $ — $ 0.9 The following is a summary of integration expenses by segment for the periods indicated: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Americas Contract $ 2.9 $ 1.0 International Contract & Specialty 0.5 — Retail 0.2 — Corporate 1.0 54.6 Total $ 4.6 $ 55.6 The following table provides an analysis of the changes in the restructuring cost reserve for the three months ended September 3, 2022: (In millions) Severance and Employee-Related May 28, 2022 $ — Restructuring Costs 0.5 Amounts Paid — September 3, 2022 $ 0.5 The following is a summary of restructuring expenses by segment for the periods indicated: Three Months Ended (In millions) September 3, 2022 August 28, 2021 Americas Contract $ — $ — International Contract & Specialty — — Retail 0.5 — Total $ 0.5 $ —

Revenue from Contracts with C_3

Revenue from Contracts with Customers - Revenue Disaggregated By Contract Type (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Disaggregation of Revenue [Line Items]
Net Sales:	$ 1,078.8	$ 789.7
Single performance obligation | Product revenue
Disaggregation of Revenue [Line Items]
Net Sales:	1,007.7	736.3
Multiple performance obligations | Product revenue
Disaggregation of Revenue [Line Items]
Net Sales:	66.5	49.6
Multiple performance obligations | Service revenue
Disaggregation of Revenue [Line Items]
Net Sales:	1.2	1.9
Other
Disaggregation of Revenue [Line Items]
Net Sales:	$ 3.4	$ 1.9

Revenue from Contracts with C_4

Revenue from Contracts with Customers - Revenue Disaggregated By Product Type And Reportable Segment (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Disaggregation of Revenue [Line Items]
Net Sales:	$ 1,078.8	$ 789.7
Americas Contract | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	537.4	381.3
Americas Contract | Workplace | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	338.7	233.7
Americas Contract | Performance Seating | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	118.9	92.6
Americas Contract | Lifestyle | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	71.1	44.8
Americas Contract | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	8.7	10.2
International Contract & Specialty | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	272.5	167.1
International Contract & Specialty | Workplace | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	44.4	28.2
International Contract & Specialty | Performance Seating | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	68.9	49.7
International Contract & Specialty | Lifestyle | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	107	54
International Contract & Specialty | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	52.2	35.2
Global Retail | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	268.9	241.3
Global Retail | Workplace | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	27.5	19
Global Retail | Performance Seating | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	51.2	63.4
Global Retail | Lifestyle | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	189.8	158.5
Global Retail | Other | Operating Segments
Disaggregation of Revenue [Line Items]
Net Sales:	$ 0.4	$ 0.4

Revenue from Contracts with C_5

Revenue from Contracts with Customers - Contract Assets and Contract Liabilities (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Revenue from Contract with Customer [Abstract]
Contract with customer, liability, net sales	$ 79.1	$ 41.1

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) $ / shares in Units, $ in Millions		3 Months Ended	12 Months Ended
	Jul. 19, 2021 USD ($) $ / shares	Aug. 28, 2021 USD ($)	May 28, 2022 USD ($)	Sep. 03, 2022 USD ($)
Business Acquisition [Line Items]
Goodwill			$ 1,226.2	$ 1,197.5
Knoll
Business Acquisition [Line Items]
Transaction costs		$ 26.7	$ 30
Number of shares of Herman Miller, Inc. (now MillerKnoll, Inc.) stock to be issued for each issued and outstanding share of Knoll	0.32
Business acquisition, share price (in dollar per share) | $ / shares	$ 11
Total acquisition date fair value of consideration transferred	$ 1,887.3
Aggregate cash paid to acquire business	1,176.6
Fair value of replacement share awards	53.4
Amount preliminarily allocated to purchase price	22.4
Amount allocated to future services and to be expensed over remaining service periods	31
Goodwill	903.5
Knoll | Knoll
Business Acquisition [Line Items]
Goodwill	$ 903.5

Acquisitions - Schedule of Busi

Acquisitions - Schedule of Business Acquisitions by Acquisition, Fair Value of Consideration Transferred (Details) - USD ($) $ in Millions	Jul. 19, 2021	Sep. 03, 2022	May 28, 2022
Business Acquisition [Line Items]
Shares of Knoll Common Stock issued and outstanding (in shares)		75,556,031	75,824,241
Shares of Knoll Common Stock issued and outstanding (in shares)		75,556,031	75,824,241
Shares of Knoll Preferred Stock issued and outstanding (in shares)		0	0
Knoll
Business Acquisition [Line Items]
Shares of Knoll Common Stock issued and outstanding (in shares)	49,444,825
Shares of Knoll Common Stock issued and outstanding (in shares)	49,444,825
Knoll equivalent shares for outstanding option awards, outstanding awards of restricted common stock held by non-employee directors and outstanding awards of performance units held by individuals who are former employees of Knoll and remain eligible to vest (in shares)	184,857
Total number of Knoll shares for cash consideration (in shares)	49,629,682
Shares of Knoll Common Stock issued and outstanding	$ 543.9
Knoll equivalent shares for outstanding option awards, outstanding awards of restricted common stock held by non-employee directors and outstanding awards of performance units held by individuals who are former employees of Knoll and remain eligible to vest	$ 1.4
Shares of Knoll Preferred Stock issued and outstanding (in shares)	169,165
Shares of Knoll Preferred Stock issued and outstanding (in shares)	169,165
Shares of Knoll Preferred Stock issued and outstanding	$ 254.4
Total number of Knoll shares for share consideration (in shares)	49,519,682
Knoll | Restricted stock
Business Acquisition [Line Items]
Knoll equivalent shares for outstanding awards of restricted common stock held by non-employee directors and outstanding awards of performance units held by individuals who are former employees of Knoll and remain eligible to vest (in shares)	74,857
Knoll
Business Acquisition [Line Items]
Consideration for payment to settle Knoll's outstanding debt	$ 376.9
Total number of Knoll shares for share consideration (in shares)	15,843,921
Total number of Knoll shares for share consideration	$ 688.3
Outstanding awards of Knoll Restricted Stock and Performance units relating to Knoll Common Stock	22.4
Total acquisition date fair value of consideration transferred	$ 1,887.3

Acquisitions - Schedule of Reco

Acquisitions - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Sep. 03, 2022	May 28, 2022	Jul. 19, 2021
Business Acquisition [Line Items]
Goodwill	$ 1,197.5	$ 1,226.2
Knoll
Business Acquisition [Line Items]
Cash			$ 88
Accounts receivable			82.3
Inventories			219.9
Other current assets			29.2
Property and equipment			296.5
Right-of-use assets			202.7
Intangible assets			756.6
Goodwill			903.5
Other noncurrent assets			25.1
Total assets acquired			2,603.8
Accounts payable			144
Other current liabilities			153.1
Lease liabilities			177.8
Other liabilities			241.6
Total liabilities assumed			716.5
Net Assets Acquired			$ 1,887.3

Acquisitions - Schedule of Fini

Acquisitions - Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination (Details) - Knoll $ in Millions	Jul. 19, 2021 USD ($)
Business Acquisition [Line Items]
Fair Value	$ 756.6
Trade name - indefinite lived
Business Acquisition [Line Items]
Fair Value	$ 418
Backlog
Business Acquisition [Line Items]
Useful Life (years)	1 year
Fair Value	$ 27.6
Trade name - indefinite lived
Business Acquisition [Line Items]
Fair Value	$ 14
Trade name - indefinite lived | Minimum
Business Acquisition [Line Items]
Useful Life (years)	5 years
Trade name - indefinite lived | Maximum
Business Acquisition [Line Items]
Useful Life (years)	10 years
Designs
Business Acquisition [Line Items]
Fair Value	$ 40
Designs | Minimum
Business Acquisition [Line Items]
Useful Life (years)	9 years
Designs | Maximum
Business Acquisition [Line Items]
Useful Life (years)	15 years
Customer Relationships
Business Acquisition [Line Items]
Fair Value	$ 257
Customer Relationships | Minimum
Business Acquisition [Line Items]
Useful Life (years)	2 years
Customer Relationships | Maximum
Business Acquisition [Line Items]
Useful Life (years)	15 years

Acquisitions - Schedule of Bu_2

Acquisitions - Schedule of Business Acquisition, Pro Forma Information (Details) - Knoll $ in Millions	3 Months Ended
	Aug. 28, 2021 USD ($)
Business Acquisition [Line Items]
Net sales	$ 943.9
Net (loss) attributable to MillerKnoll, Inc.	$ (24.3)

Inventories, net - Schedule of

Inventories, net - Schedule of Inventory, Current (Details) - USD ($) $ in Millions	Sep. 03, 2022	May 28, 2022
Inventory Disclosure [Abstract]
Finished goods and work in process	$ 451	$ 441.6
Raw materials	164.5	145.7
Total	$ 615.5	$ 587.3

Goodwill and Indefinite-Lived_3

Goodwill and Indefinite-Lived Intangibles - Schedule of Goodwill and Indefinite-lived Intangibles (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	May 28, 2022
Goodwill [Roll Forward]
Goodwill		$ 1,351.6
Foreign currency translation adjustments	$ (28.6)
Accumulated impairment losses	(125.5)
Goodwill	1,197.5	1,226.2
Indefinite-Lived Intangible Assets [Roll Forward]
Indefinite-lived intangible assets, beginning balance	501
Foreign currency translation adjustments	(9.7)
Indefinite-lived intangible assets, ending balance	491.3
Americas Contract
Goodwill [Roll Forward]
Goodwill		530.1
Foreign currency translation adjustments	(9.7)
Accumulated impairment losses	0
Goodwill	520.4
International Contract & Specialty
Goodwill [Roll Forward]
Goodwill		340.9
Foreign currency translation adjustments	(8.9)
Accumulated impairment losses	(36.7)
Goodwill	295.3
Global Retail
Goodwill [Roll Forward]
Goodwill		$ 480.6
Foreign currency translation adjustments	(10)
Accumulated impairment losses	(88.8)
Goodwill	$ 381.8

Employee Benefit Plans (Details

Employee Benefit Plans (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Defined Benefit Plan Disclosure
Weighted average expected long-term rate of return on plan assets (percent)	4.99%	4.99%
Domestic
Defined Benefit Plan Disclosure
Service cost	$ 0	$ 0.1
Interest cost	1.5	0.5
Expected return on plan assets	(2)	(1)
Net amortization loss	0	0
Net periodic benefit cost	(0.5)	(0.4)
International
Defined Benefit Plan Disclosure
Service cost	0	0
Interest cost	0.8	0.8
Expected return on plan assets	(1.2)	(1.8)
Net amortization loss	0.6	1.7
Net periodic benefit cost	$ 0.2	$ 0.7

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Calculation of Numerator and Denominator in Earnings Per Share (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Numerators:
Numerator for both basic and diluted EPS, Net earnings (loss) attributable to MillerKnoll, Inc. - in millions	$ 25.8	$ (61.4)
Denominators:
Denominator for basic EPS, weighted-average common shares outstanding (in shares)	75,482,572	66,302,214
Potentially dilutive shares resulting from stock plans (in shares)	784,394	0
Denominator for diluted EPS (in shares)	76,266,966	66,302,214
Antidilutive equity awards not included in weighted-average common shares - diluted (in shares)	0	1,328,275

Stock-Based Compensation (Detai

Stock-Based Compensation (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Stock-Based Compensation [Abstract]
Stock-based compensation expense	$ 5.4	$ 15.1
Related income tax effect	$ 1.3	$ 3.7

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details)	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent	18.80%	15.30%

Income Taxes - Schedule of Inte

Income Taxes - Schedule of Interest, Penalties and Uncertain Tax Positions (Details) - USD ($) $ in Millions	Sep. 03, 2022	May 28, 2022
Income Tax Disclosure [Abstract]
Liability for interest and penalties	$ 1	$ 0.9
Liability for uncertain tax positions, current	$ 2.2	$ 2.3

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Long-term Debt (Details) - USD ($) $ in Millions	Sep. 03, 2022	May 28, 2022
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value	$ 1,484.4	$ 1,379.2
Carrying value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Carrying value	1,531.7	1,427.9
Fair value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair value	$ 1,357.9	$ 1,364.7

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Hierarchy (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Millions	Sep. 03, 2022	May 28, 2022
NAV
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan	$ 0	$ 0
Total	18.5	31.8
Foreign currency forward contracts - liability	0	0
Total	0	0
NAV | Other Current Assets | Foreign currency forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency forward contracts - asset	0	0
Quoted Prices with Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan	15.6	15
Total	16.8	15.4
Total	5.1	1
Quoted Prices with Other Observable Inputs (Level 2) | Foreign currency forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency forward contracts - liability	5.1	1
Quoted Prices with Other Observable Inputs (Level 2) | Other Current Assets | Foreign currency forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency forward contracts - asset	1.2	0.4
Quoted Prices with Other Observable Inputs (Level 2) | Other Noncurrent Assets | Interest rate swap agreement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap agreement - asset	50.6	31.9
Quoted Prices with Other Observable Inputs (Level 2) | Other Assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Market Value	50.6	31.9
Quoted Prices with Other Observable Inputs (Level 2) | Other Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Market Value	0	0
Quoted Prices with Other Observable Inputs (Level 2) | Other Liabilities | Interest rate swap agreement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Interest rate swap agreement - liability	0	0
Money market funds | NAV
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	18.5	31.8
Money market funds | Quoted Prices with Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Money market funds	$ 0	$ 0

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) - USD ($)	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Fair Value Disclosures [Abstract]
Gain (loss) recognized in earnings for hedge ineffectiveness	$ 0	$ 0
Derivative instruments, loss expected to be reclassified from accumulated other comprehensive income	15,000,000	15,000,000
Derivative instruments, loss expected to be reclassified from accumulated other comprehensive income, net of tax	$ 11,200,000	$ 11,200,000

Fair Value Measurements - Inter

Fair Value Measurements - Interest Rate Swap (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Derivative [Line Items]
Gain recognized in Other comprehensive loss (effective portion)	$ 14.3	$ (1)
(Loss) reclassified from Accumulated other comprehensive loss into earnings	(0.4)	$ (0.8)
September 2016 Interest Rate Swap
Derivative [Line Items]
Notional Amount	$ 150
Effective Fixed Interest Rate	1.949%
June 2017 Interest Rate Swap
Derivative [Line Items]
Notional Amount	$ 75
Effective Fixed Interest Rate	2.387%
January 2022 Interest Rate Swap
Derivative [Line Items]
Notional Amount	$ 575
Effective Fixed Interest Rate	1.689%

Fair Value Measurements - Redee

Fair Value Measurements - Redeemable Noncontrolling Interests (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Redeemable Noncontrolling Interest [Line Items]
Beginning Balance	$ 106.9
Net earnings attributable to redeemable noncontrolling interests	1.6	$ 1.6
Ending Balance	100.7
HAY
Redeemable Noncontrolling Interest [Line Items]
Beginning Balance	106.9	77
Net earnings attributable to redeemable noncontrolling interests	1.6	1.6
Distributions to redeemable noncontrolling interests	0	(3.9)
Cumulative translation adjustments attributable to redeemable noncontrolling interests	0.1	0.5
Foreign currency translation adjustments	(7.9)	(2.6)
Ending Balance	$ 100.7	$ 72.6

Commitments and Contingencies -

Commitments and Contingencies - Schedule of Product Warranty Liability (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Movement in Standard Product Warranty Accrual [Roll Forward]
Accrual Balance — beginning	$ 73.2	$ 60.1
Accrual for warranty matters	4.3	5.4
Settlements and adjustments	(5.2)	(5.8)
Acquired through business acquisition	0	15.1
Accrual Balance — ending	72.3	69.8
Revision of Prior Period, Adjustment
Movement in Standard Product Warranty Accrual [Roll Forward]
Accrual Balance — beginning	$ 0	$ (5)

Commitments and Contingencies_2

Commitments and Contingencies - Additional Information (Details) - USD ($)	3 Months Ended
	Sep. 03, 2022	May 28, 2022
Performance Guarantee
Loss Contingencies [Line Items]
Guarantor obligations, maximum exposure, undiscounted	$ 7,000,000
Guarantor obligations, carrying value	$ 0	$ 0
Performance Guarantee | Minimum
Loss Contingencies [Line Items]
Guarantor obligations, term	1 year
Performance Guarantee | Maximum
Loss Contingencies [Line Items]
Guarantor obligations, term	3 years
Financial Standby Letter of Credit
Loss Contingencies [Line Items]
Guarantor obligations, maximum exposure, undiscounted	$ 14,500,000
Guarantor obligations, carrying value	$ 0	$ 0

Short-Term Borrowings and Lon_3

Short-Term Borrowings and Long-Term Debt - Schedule of Long Term Debt Instruments (Details) - USD ($) $ in Millions	Sep. 03, 2022	May 28, 2022
Debt Instrument [Line Items]
Supplier financing program	$ 2.5	$ 3.1
Total debt	1,531.7	1,427.9
Less: Unamortized discount and issuance costs	(18.6)	(19.4)
Less: Current debt	(28.7)	(29.3)
Long-term debt	$ 1,484.4	1,379.2
Term Loan A, due July 2026
Debt Instrument [Line Items]
Interest rate (percent)	4.125%
Debt securities	$ 385	390
Term Loan B, due July 2028
Debt Instrument [Line Items]
Interest rate (percent)	4.375%
Debt securities	$ 620.3	621.8
Syndicated line of credit | Syndicated revolving line of credit, due July 2026
Debt Instrument [Line Items]
Less: Borrowings under the syndicated revolving line of credit	$ 523.9	$ 413

Short-Term Borrowings and Lon_4

Short-Term Borrowings and Long-Term Debt - Additional Information (Details)	1 Months Ended	3 Months Ended
	Jul. 31, 2021 USD ($) loan	Sep. 03, 2022 USD ($)	Aug. 28, 2021 USD ($)	Jun. 30, 2021 USD ($)
Debt Instrument [Line Items]
Loss on extinguishment of debt		$ 0	$ 13,400,000
Private Placement Notes | Notes
Debt Instrument [Line Items]
Number of debt instruments | loan	2
Repayments of long-term debt	$ 64,000,000
Loss on extinguishment of debt		13,400,000
Term Loan A, due July 2026
Debt Instrument [Line Items]
Periodic principal payment		5,000,000
Term Loan A, due July 2026 | Secured Debt
Debt Instrument [Line Items]
Debt instrument, term	5 years
Debt instrument, face amount	$ 400,000,000
Term Loan B, due July 2028
Debt Instrument [Line Items]
Periodic principal payment		$ 1,600,000
Term Loan B, due July 2028 | Secured Debt
Debt Instrument [Line Items]
Debt instrument, term	7 years
Debt instrument, face amount	$ 625,000,000
Syndicated line of credit
Debt Instrument [Line Items]
Syndicated revolving line of credit borrowing capacity	$ 725,000,000			$ 500,000,000

Short-Term Borrowings and Lon_5

Short-Term Borrowings and Long-Term Debt - Schedule of Line of Credit Facilities (Details) - Syndicated line of credit - USD ($)	Sep. 03, 2022	May 28, 2022	Jul. 31, 2021	Jun. 30, 2021
Line of Credit Facility [Line Items]
Syndicated revolving line of credit borrowing capacity			$ 725,000,000	$ 500,000,000
Syndicated revolving line of credit, due July 2026
Line of Credit Facility [Line Items]
Syndicated revolving line of credit borrowing capacity	$ 725,000,000	$ 725,000,000
Less: Borrowings under the syndicated revolving line of credit	523,900,000	413,000,000
Less: Outstanding letters of credit	14,500,000	15,400,000
Available borrowings under the syndicated revolving line of credit	$ 186,600,000	$ 296,600,000

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	$ 1,427.1
Other comprehensive (loss) income, net of tax before reclassifications	(57.8)	$ (16.7)
Reclassification from accumulated other comprehensive loss - Other, net	0.1	1.7
Tax benefit	(0.1)	(0.2)
Net reclassifications	0	1.5
Other comprehensive (loss), net of tax	(57.8)	(15.2)
Balance at end of period	1,374.8
Accumulated Other Comprehensive Loss
Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	(107.1)	(65.1)
Other comprehensive (loss), net of tax	(57.8)	(15.2)
Balance at end of period	(164.9)	(80.3)
Cumulative Translation Adjustments
Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	(93.9)	(3.9)
Other comprehensive (loss) income, net of tax before reclassifications	(72.5)	(16.5)
Reclassification from accumulated other comprehensive loss - Other, net	0	0
Tax benefit	0	0
Net reclassifications	0	0
Other comprehensive (loss), net of tax	(72.5)	(16.5)
Balance at end of period	(166.4)	(20.4)
Pension and Other Post-retirement Benefit Plans
Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	(36.9)	(50.4)
Other comprehensive (loss) income, net of tax before reclassifications	0	0
Reclassification from accumulated other comprehensive loss - Other, net	0.5	2.5
Tax benefit	(0.1)	(0.2)
Net reclassifications	0.4	2.3
Other comprehensive (loss), net of tax	0.4	2.3
Balance at end of period	(36.5)	(48.1)
Interest Rate Swap Agreement
Accumulated Other Comprehensive Income [Roll Forward]
Balance at beginning of period	23.7	(10.8)
Other comprehensive (loss) income, net of tax before reclassifications	14.7	(0.2)
Reclassification from accumulated other comprehensive loss - Other, net	(0.4)	(0.8)
Tax benefit	0	0
Net reclassifications	(0.4)	(0.8)
Other comprehensive (loss), net of tax	14.3	(1)
Balance at end of period	$ 38	$ (11.8)

Operating Segments (Details)

Operating Segments (Details) $ in Millions	3 Months Ended
	Sep. 03, 2022 USD ($) segment	Aug. 28, 2021 USD ($)
Segment Reporting Information
Number of reportable segments | segment	3
Net Sales:	$ 1,078.8	$ 789.7
Operating Earnings (Loss):	50.8	(52.6)
Americas | Operating Segments
Segment Reporting Information
Net Sales:	537.4	381.3
Operating Earnings (Loss):	20.4	(10.6)
International & Specialty | Operating Segments
Segment Reporting Information
Net Sales:	272.5	167.1
Operating Earnings (Loss):	27.9	6.6
Retail | Operating Segments
Segment Reporting Information
Net Sales:	268.9	241.3
Operating Earnings (Loss):	17.8	26.4
Corporate | Corporate
Segment Reporting Information
Operating Earnings (Loss):	$ (15.3)	$ (75)

Restructuring and Integration_3

Restructuring and Integration Expense - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Restructuring Cost and Reserve [Line Items]
Integration costs	$ 0.5	$ 0
Severance and Employee Benefit
Restructuring Cost and Reserve [Line Items]
Integration costs	0.5
Knoll Integration
Restructuring Cost and Reserve [Line Items]
Integration costs	4.6	$ 55.6
Knoll Integration | Severance and Employee Benefit
Restructuring Cost and Reserve [Line Items]
Integration costs	1.2
Knoll Integration | Exit and Disposal Activities
Restructuring Cost and Reserve [Line Items]
Integration costs	1.4
Knoll Integration | Other Restructuring
Restructuring Cost and Reserve [Line Items]
Integration costs	2
Knoll Integration | Knoll | Minimum
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, expected cost	100
Knoll Integration | Knoll | Maximum
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, expected cost	$ 120

Restructuring and Integration_4

Restructuring and Integration Expense - Schedule of Severance and Employee Benefit Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Changes in Restructuring Liability Balance [Roll Forward]
Integration Costs	$ 0.5	$ 0
Knoll Integration
Changes in Restructuring Liability Balance [Roll Forward]
Integration Costs	4.6	$ 55.6
Total | Knoll Integration
Changes in Restructuring Liability Balance [Roll Forward]
Beginning balance	1.4
Integration Costs	2.6
Amounts Paid	(2.9)
Non-cash costs	(0.2)
Ending balance	0.9
Severance and Employee Benefit
Changes in Restructuring Liability Balance [Roll Forward]
Beginning balance	0
Integration Costs	0.5
Amounts Paid	0
Ending balance	0.5
Severance and Employee Benefit | Knoll Integration
Changes in Restructuring Liability Balance [Roll Forward]
Beginning balance	1.4
Integration Costs	1.2
Amounts Paid	(1.5)
Non-cash costs	(0.2)
Ending balance	0.9
Exit and Disposal Activities | Knoll Integration
Changes in Restructuring Liability Balance [Roll Forward]
Beginning balance	0
Integration Costs	1.4
Amounts Paid	(1.4)
Non-cash costs	0
Ending balance	$ 0

Restructuring and Integration_5

Restructuring and Integration Expense - Summary of Restructuring Expenses by Segment (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 0.5	$ 0
Americas Contract
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0	0
International Contract & Specialty
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0	0
Retail
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0.5	0
Knoll Integration
Restructuring Cost and Reserve [Line Items]
Restructuring expense	4.6	55.6
Knoll Integration | Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring expense	1	54.6
Knoll Integration | Americas Contract | Operating Segments
Restructuring Cost and Reserve [Line Items]
Restructuring expense	2.9	1
Knoll Integration | International Contract & Specialty | Operating Segments
Restructuring Cost and Reserve [Line Items]
Restructuring expense	0.5	0
Knoll Integration | Retail | Operating Segments
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 0.2	$ 0

Restructuring and Integration_6

Restructuring and Integration Expense - Schedule of Restructuring Rollforward (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 03, 2022	Aug. 28, 2021
Restructuring Reserve [Roll Forward]
Integration Costs	$ 0.5	$ 0
Severance and Employee Benefit
Restructuring Reserve [Roll Forward]
Beginning balance	0
Integration Costs	0.5
Amounts Paid	0
Ending balance	$ 0.5

Variable Interest Entities (Det

Variable Interest Entities (Details) - USD ($) $ in Millions	Sep. 03, 2022	May 28, 2022
Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Carrying amounts of long term notes receivable	$ 5.8	$ 1.2