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DEBT AND FINANCING OBLIGATIONS (Tables)
 3 Months Ended
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, 2025May 25, 2025
AmountInterest RateAmountInterest 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 2027144.0 3.800 143.8 4.040 
RMB loan facility, due September 202919.7 3.800 19.6 3.960 
Euro term loan facility, due May 2029234.3 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 20404.9 5.2 
Total debt and financing obligations3,983.9 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 
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(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.