The components of our debt, including financing obligations, were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | | February 22, 2026 | | May 25, 2025 | | | Amount | | Interest Rate | | Amount | | Interest 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 2029 | | 20.4 | | | 3.800 | | | 19.6 | | | 3.960 | | | Euro term loan facility, due May 2029 | | 235.7 | | | 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 2040 | | 4.4 | | | | | 5.2 | | | | | | | | | | | | | | Total debt and financing obligations | | 4,006.7 | | | | | 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 | | | |
___________________________________________ (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.
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