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Debt, Derivatives and Hedging Activities (Tables) | 6 Months Ended
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Nov. 30, 2020
Debt Disclosure [Abstract] |
Summary of Outstanding Debt | Cintas' outstanding debt is summarized as follows:
(In thousands) | Interest Rate |  | Fiscal Year Issued |  | Fiscal Year Maturity |  | November 30, 2020 |  | May 31, 2020
Debt due within one year |  |  |  |  |  |  |  |  |
Senior notes | 4.30 | % |  | 2012 |  | 2022 |  | $ | 250,000 |  |  | $ | — |
Debt issuance costs |  |  |  |  |  |  | (128) |  |  | — |
Total debt due within one year |  |  |  |  |  |  | $ | 249,872 |  |  | $ | — |
Debt due after one year |  |  |  |  |  |  |  |  |
Senior notes | 4.30 | % |  | 2012 |  | 2022 |  | $ | — |  |  | $ | 250,000 |
Senior notes | 2.90 | % |  | 2017 |  | 2022 |  | 650,000 |  |  | 650,000 |
Senior notes | 3.25 | % |  | 2013 |  | 2023 |  | 300,000 |  |  | 300,000 |
Senior notes (1) | 2.78 | % |  | 2013 |  | 2023 |  | 51,032 |  |  | 51,250 |
Senior notes (2) | 3.11 | % |  | 2015 |  | 2025 |  | 51,469 |  |  | 51,637 |
Senior notes | 3.70 | % |  | 2017 |  | 2027 |  | 1,000,000 |  |  | 1,000,000 |
Senior notes | 6.15 | % |  | 2007 |  | 2037 |  | 250,000 |  |  | 250,000 |
Debt issuance costs |  |  |  |  |  |  | (11,569) |  |  | (13,182) |
Total debt due after one year |  |  |  |  |  |  | $ | 2,290,932 |  |  | $ | 2,539,705 |
(1) Cintas assumed these senior notes with the acquisition of G&K Services, Inc. (G&K) in the fourth quarter of fiscal 2017, 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%. (2) Cintas assumed these senior notes with the acquisition of G&K in the fourth quarter of fiscal 2017, 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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