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DEBT (Tables) | 12 Months Ended
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May 25, 2025
Debt Disclosure [Abstract] |
Schedule of Components of Long-Term Debt | The components of long-term debt are as follows:
(in millions) | May 25, 2025 |  | May 26, 2024
3.850% senior notes due May 2027 | $ | 500.0 |  |  | $ | 500.0 |
4.350% senior notes due October 2027 | 400.0 |  |  | — |
4.550% senior notes due October 2029 | 350.0 |  |  | — |
6.300% senior notes due October 2033 | 500.0 |  |  | 500.0 |
6.000% senior notes due August 2035 | 96.3 |  |  | 96.3 |
6.800% senior notes due October 2037 | 42.8 |  |  | 42.8 |
4.550% senior notes due February 2048 | 300.0 |  |  | 300.0 |
Total long-term debt | $ | 2,189.1 |  |  | $ | 1,439.1 |
Fair value hedge | (40.0) |  |  | (51.8) |
Less unamortized discount and issuance costs | (20.2) |  |  | (16.9) |
Total long-term debt less unamortized discount and issuance costs | $ | 2,128.9 |  |  | $ | 1,370.4 |
Schedule of Maturities of Long-term Debt | The aggregate contractual maturities of long-term debt for each of the five fiscal years subsequent to May 25, 2025, and thereafter are as follows:
(in millions) |  |
Fiscal Year |  | 2026 |  | 2027 |  | 2028 |  | 2029 |  | 2030 |  | Thereafter
Debt repayments |  | $ | — |  |  | $ | 500.0 |  |  | $ | 400.0 |  |  | $ | — |  |  | $ | 350.0 |  |  | $ | 939.1 |

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