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Debt and Derivatives (Tables) | 12 Months Ended
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May 31, 2018
Debt Disclosure [Abstract] |
Summary of Outstanding Debt | Cintas' debt is summarized as follows at May 31:
(In thousands) | Interest Rate |  | Fiscal Year Issued |  | Fiscal Year Maturity |  | 2018 |  | 2017
Debt due within one year |  |  |  |  |  |  |  |  |
Senior notes | 6.13 | % |  | 2008 |  | 2018 |  | $ | — |  |  | $ | 300,000 |
Commercial paper | 1.24 | % | (1) | Various |  | Various |  | — |  |  | 50,500 |
Current portion of term loan | 2.00 | % | (1) | 2017 |  | 2018 |  | — |  |  | 12,500 |
Debt issuance costs |  |  |  |  |  |  | — |  |  | (100 | )
Total debt due within one year |  |  |  |  |  |  | $ | — |  |  | $ | 362,900 |
Debt due after one year |  |  |  |  |  |  |  |  |
Senior notes | 4.30 | % |  | 2012 |  | 2022 |  | $ | 250,000 |  |  | $ | 250,000 |
Senior notes | 2.90 | % |  | 2017 |  | 2022 |  | 650,000 |  |  | 650,000 |
Senior notes | 3.25 | % |  | 2013 |  | 2023 |  | 300,000 |  |  | 300,000 |
Senior notes (2) | 2.78 | % |  | 2013 |  | 2023 |  | 52,119 |  |  | 52,554 |
Senior notes (3) | 3.11 | % |  | 2015 |  | 2025 |  | 52,309 |  |  | 52,645 |
Senior notes | 3.70 | % |  | 2017 |  | 2027 |  | 1,000,000 |  |  | 1,000,000 |
Senior notes | 6.15 | % |  | 2007 |  | 2037 |  | 250,000 |  |  | 250,000 |
Long-term portion of term loan | 2.00 | % | (1) | 2017 |  | 2022 |  | — |  |  | 237,500 |
Debt issuance costs |  |  |  |  |  |  | (19,119 | ) |  | (22,075 | )
Total debt due after one year |  |  |  |  |  |  | $ | 2,535,309 |  |  | $ | 2,770,624 |
(1) Variable rate debt instrument. The rate presented is the variable borrowing rate at May 31, 2017. (2) Cintas assumed these senior notes with the acquisition of G&K, and they were recorded at fair value. The interest rate shown above is the effective interest rate. The principal amount of these notes is $50.0 million with a stated interest rate of 3.73%. (3) Cintas assumed these senior notes with the acquisition of G&K, and they were recorded at fair value. The interest rate shown above is the effective interest rate. The principal amount of these notes is $50.0 million with a stated interest rate of 3.88%.

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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