v3.25.4

Short-Term Borrowings and Long-Term Debt - Schedule of Short-Term Borrowings and Long-Term Debt (Details) - USD ($) $ in Millions | Nov. 29, 2025 | May 31, 2025
--- | --- | ---
Debt Instrument [Line Items] |  |
Supplier financing program | $ 2.4 | $ 2.0
Finance lease liability | 1.0 | 1.1
Total debt | 1,350.2 | 1,337.0
Less: Unamortized discount and issuance costs | (8.6) | (10.4)
Less: Current debt | (20.7) | (16.0)
Long-term debt | $ 1,320.9 | $ 1,310.6
Supplier Finance Program, Obligation, Statement of Financial Position Extensible Enumeration Not Disclosed Flag | Supplier financing program | Supplier financing program
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration] | Long-term debt | Long-term debt
Notes Payable, Other Payables | Term Loan A Due April 2030 |  |
Debt Instrument [Line Items] |  |
Interest rate (as percent) | 5.6657% | 5.6657%
Debt securities | $ 397.5 | $ 400.0
Notes Payable, Other Payables | Term Loan B Due August 2032 |  |
Debt Instrument [Line Items] |  |
Interest rate (as percent) | 6.1657% | 6.1657%
Debt securities | $ 550.0 | $ 603.1
Secured Debt | Accounts Receivable Securitization Facility Due September 2028 |  |
Debt Instrument [Line Items] |  |
Interest rate (as percent) | 4.9477% | 4.9477%
Accounts Receivable Securitization Facility, 4.9477% due September 2028 | $ 54.3 | $ 0.0
Syndicated Line of Credit | Syndicated revolving line of credit, due April 2030 |  |
Debt Instrument [Line Items] |  |
Syndicated revolving line of credit, due April 2030 | $ 345.0 | $ 330.8

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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478546/942-210-S99-1 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478777/944-210-S99-1 + Details
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