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Leases (Tables) | 12 Months Ended
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Jun. 03, 2023
Leases [Abstract] |
Schedule of Lease Expense Components | The Company's lease costs recognized in the Consolidated Statement of Income consist of the following:
| Year Ended |  | Year Ended
(In millions) | June 3, 2023 |  | May 28, 2022
Operating lease costs | $ | 99.3 |  |  | $ | 89.4 |
Short-term lease costs | 11.2 |  |  | 10.4 |
Variable lease costs | 12.0 |  |  | 10.3 |
Total | $ | 122.5 |  |  | $ | 110.1 |
Included in the Company's Right-of-use assets and Lease liabilities are variable lease costs, not included in the table above, for raw material purchases under certain supply arrangements that the Company has determined to meet the definition of a lease:
| Year Ended |  | Year Ended
| June 3, 2023 |  | May 28, 2022
Variable lease costs | $ | 96.2 |  |  | $ | 95.6 |
Supplemental cash flow and other lease information as of and for periods indicated, includes (dollars in millions):
|  | Year Ended |  | Year Ended
|  | June 3, 2023 |  | May 28, 2022
Weighted-average remaining lease term (in years) |  |  |  |
Operating leases |  | 6.9 |  | 7.1
Weighted-average discount rate |  |  |  |
Operating leases |  | 2.4 | % |  | 1.9 | %
Cash paid for amounts included in the measurement of lease liabilities |  |  |  |
Operating cash flow from operating leases |  | $ | 100.0 |  |  | $ | 85.7 |
ROU assets obtained in exchange for new operating lease liabilities |  |  |  |
Operating leases |  | $ | 63.0 |  |  | $ | 89.1 |
Schedule of Future Estimated Minimum Lease Payments | The undiscounted annual future minimum lease payments related to the Company's right-of-use assets are summarized by fiscal year in the following table:
(In millions) |
2024 | $ | 81.5 |
2025 | 92.3 |
2026 | 79.1 |
2027 | 65.4 |
2028 | 58.5 |
Thereafter | 185.0 |
Total lease payments* | $ | 561.8 |
Less interest | 91.0 |
Present value of lease liabilities | $ | 470.8 |
*Lease payments exclude $2.2 million of legally binding minimum lease payments for leases signed but not yet commenced.

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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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