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LONG-TERM DEBT (Tables) | 12 Months Ended
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May 26, 2024
LONG-TERM DEBT |
Schedule of debt | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | May 26, 2024 |  | May 28, 2023
5.4% senior debt due November 2048 | ​ | $ | 1,000.0 | ​ | $ | 1,000.0
4.65% senior debt due January 2043 | ​ | ​ | 176.7 | ​ | ​ | 176.7
6.625% senior debt due August 2039 | ​ | ​ | 91.4 | ​ | ​ | 91.4
5.3% senior debt due November 2038 | ​ | ​ | 1,000.0 | ​ | ​ | 1,000.0
8.25% senior debt due September 2030 | ​ | ​ | 300.0 | ​ | ​ | 300.0
4.85% senior debt due November 2028 | ​ | ​ | 1,300.0 | ​ | ​ | 1,300.0
7.0% senior debt due October 2028 | ​ | ​ | 382.2 | ​ | ​ | 382.2
1.375% senior debt due November 2027 | ​ | ​ | 1,000.0 | ​ | ​ | 1,000.0
6.7% senior debt due August 2027 | ​ | ​ | 9.2 | ​ | ​ | 9.2
7.125% senior debt due October 2026 | ​ | ​ | 262.5 | ​ | ​ | 262.5
5.3% senior debt due October 2026 | ​ | ​ | 500.0 | ​ | ​ | —
4.6% senior debt due November 2025 | ​ | ​ | 1,000.0 | ​ | ​ | 1,000.0
SOFR plus 1.35% term loan due August 2025 | ​ | ​ | 250.0 | ​ | ​ | 500.0
4.3% senior debt due May 2024 | ​ | ​ | — | ​ | ​ | 1,000.0
0.5% senior debt due August 2023 | ​ | ​ | — | ​ | ​ | 500.0
0.79% to 9.59% lease financing obligations due on various dates through 2043 | ​ | ​ | 273.7 | ​ | ​ | 112.6
Other indebtedness | ​ | ​ | — | ​ | ​ | 0.1
Total face value of debt | ​ | ​ | 7,545.7 | ​ | ​ | 8,634.7
Unamortized fair value adjustment | ​ | ​ | 17.7 | ​ | ​ | 18.5
Unamortized discounts | ​ | ​ | (17.7) | ​ | ​ | (20.1)
Unamortized debt issuance costs | ​ | ​ | (32.8) | ​ | ​ | (35.8)
Less current installments | ​ | ​ | (20.3) | ​ | ​ | (1,516.0)
Total long-term debt | ​ | $ | 7,492.6 | ​ | $ | 7,081.3
Schedule of long-term debt maturities | ​
​ | ​ | ​ | ​
2025 |  | $ | 20.3
2026 | ​ | ​ | 1,267.7
2027 | ​ | ​ | 783.6
2028 | ​ | ​ | 1,021.5
2029 | ​ | ​ | 1,695.1
Schedule of net interest expense | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ | 2024 |  | ​ | 2023 |  | ​ | 2022
Long-term debt | ​ | $ | 419.2 | ​ | $ | 402.1 | ​ | $ | 393.1
Short-term debt | ​ | ​ | 25.8 | ​ | ​ | 18.8 | ​ | ​ | 2.3
Interest income | ​ | ​ | (5.7) | ​ | ​ | (3.9) | ​ | ​ | (2.1)
Interest capitalized | ​ | ​ | (8.8) | ​ | ​ | (7.4) | ​ | ​ | (13.4)
​ | ​ | $ | 430.5 | ​ | $ | 409.6 | ​ | $ | 379.9

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