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DEBT AND FINANCING OBLIGATIONS (Tables) | 3 Months Ended
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Aug. 24, 2025
Debt Disclosure [Abstract] |
Schedule of Debt, Including Financing Obligations | The components of our debt, including financing obligations, were as follows:
(in millions) |  | August 24, 2025 |  | May 25, 2025
|  | Amount |  | Interest Rate |  | Amount |  | Interest Rate
Short-term borrowings: |  |  |  |  |  |  |  |
Revolving credit facility |  | $ | 181.6 |  |  | 4.100 | % |  | $ | 333.2 |  |  | 5.940 | %
Other credit facilities (a) |  | 33.8 |  |  |  |  | 37.6 |  |  |
|  | 215.4 |  |  |  |  | 370.8 |  |  |
Long-term debt: |  |  |  |  |  |  |  |
Term A-3 loan facility, due January 2030 (b) |  | 399.3 |  |  | 6.430 |  |  | 405.0 |  |  | 6.900 |
Term A-4 loan facility, due May 2029 (b) |  | 308.8 |  |  | 6.690 |  |  | 312.8 |  |  | 6.630 |
Term A-5 loan facility, due September 2031 (b) |  | 487.5 |  |  | 5.660 |  |  | 493.8 |  |  | 5.650 |
RMB loan facility, due February 2027 |  | 144.0 |  |  | 3.800 |  |  | 143.8 |  |  | 4.040 |
RMB loan facility, due September 2029 |  | 19.7 |  |  | 3.800 |  |  | 19.6 |  |  | 3.960 |
Euro term loan facility, due May 2029 |  | 234.3 |  |  | 3.500 |  |  | 227.2 |  |  | 4.510 |
4.875% senior notes, due May 2028 |  | 500.0 |  |  | 4.875 |  |  | 500.0 |  |  | 4.875 |
4.125% senior notes, due January 2030 |  | 970.0 |  |  | 4.125 |  |  | 970.0 |  |  | 4.125 |
4.375% senior notes, due January 2032 |  | 700.0 |  |  | 4.375 |  |  | 700.0 |  |  | 4.375 |
|  | 3,763.6 |  |  |  |  | 3,772.2 |  |  |
Financing obligations: |  |  |  |  |  |  |  |
Lease financing obligations due on various dates through 2040 |  | 4.9 |  |  |  |  | 5.2 |  |  |
Total debt and financing obligations |  | 3,983.9 |  |  |  |  | 4,148.2 |  |  |
Debt issuance costs (c) |  | (15.8) |  |  |  |  | (16.8) |  |  |
Short-term borrowings |  | (215.4) |  |  |  |  | (370.8) |  |  |
Current portion of long-term debt and financing obligations |  | (81.8) |  |  |  |  | (77.8) |  |  |
Long-term debt and financing obligations, excluding current portion |  | $ | 3,670.9 |  |  |  |  | $ | 3,682.8 |  |  |
___________________________________________ (a)Other credit facilities consist of short-term facilities at our subsidiaries used for working capital purposes. Borrowings under these facilities bear interest at various rates. (b)The interest rates applicable to the Term A-3, A-4, and A-5 loans do not include anticipated patronage dividends. We have received and expect to continue receiving patronage dividends under these term loan facilities. (c)Excludes debt issuance costs of $3.7 million and $3.9 million as of August 24, 2025 and May 25, 2025, respectively, related to our Revolving credit facility, which are recorded in “Other assets” on our Consolidated Balance Sheets.

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