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DEBT AND FINANCING OBLIGATIONS
 9 Months Ended
Feb. 22, 2026
Debt Disclosure [Abstract]  
DEBT AND FINANCING OBLIGATIONS DEBT AND FINANCING OBLIGATIONS
The components of our debt, including financing obligations, were as follows:
(in millions)February 22, 2026May 25, 2025
AmountInterest RateAmountInterest Rate
Short-term borrowings:
Revolving credit facility$236.4 3.830 %$333.2 5.940 %
Other credit facilities (a)32.8 37.6 
269.2 370.8 
Long-term debt:
Term A-3 loan facility, due January 2030 (b)388.1 6.190 405.0 6.900 
Term A-4 loan facility, due May 2029 (b)300.6 6.690 312.8 6.630 
Term A-5 loan facility, due September 2031 (b)475.0 5.660 493.8 5.650 
RMB loan facility, due February 2027 (c)143.3 3.800 143.8 4.040 
RMB loan facility, due September 202920.4 3.800 19.6 3.960 
Euro term loan facility, due May 2029235.7 3.420 227.2 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 
3,733.1 3,772.2 
Financing obligations:
Lease financing obligations due on various dates through 20404.4 5.2 
Total debt and financing obligations4,006.7 4,148.2 
Debt issuance costs (d)(14.0)(16.8)
Short-term borrowings(269.2)(370.8)
Current portion of long-term debt and financing obligations(80.6)(77.8)
Long-term debt and financing obligations, excluding current portion$3,642.9 $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)The RMB loan facility matured on February 25, 2027.
(d)Excludes debt issuance costs of $3.2 million and $3.9 million as of February 22, 2026 and May 25, 2025, respectively, related to our revolving credit facility, which are recorded in “Other assets” on our Consolidated Balance Sheets.
As of February 22, 2026, we had $1,263.6 million of available liquidity under our revolving credit facility.
For the thirty-nine weeks ended February 22, 2026 and February 23, 2025, we paid $160.9 million and $167.2 million of interest on debt, respectively.
On January 30, 2026, we amended our term loan credit agreement with AgWest Farm Credit to remove adjustments to the Secured Overnight Financing Rate (SOFR).
For more information about our debt and financing obligations, interest rates, and debt covenants, see Note 8, Debt and Financing Obligations, of the Notes to Consolidated Financial Statements in “Part II, Item 8. Financial Statements and Supplementary Data” of the Form 10-K.