| | | | | | | | | | | Operating Leases | | | Balance Sheet Location | | May 31, 2026 | | May 25, 2025 | ROU assets, net | | Other assets | | $ | 170.7 | | $ | 209.7 | Lease liabilities (current) | | Other accrued liabilities | | | 36.0 | | | 39.7 | Lease liabilities (noncurrent) | | Other noncurrent liabilities | | | 170.7 | | | 203.3 |
| | | | | | | | | | | Finance Leases | | | Balance Sheet Location | | May 31, 2026 | | May 25, 2025 | ROU assets, at cost | | Property, plant and equipment | | $ | 320.9 | | $ | 364.9 | Less accumulated depreciation | | Less accumulated depreciation | | | (94.0) | | | (98.3) | ROU assets, net | | Property, plant and equipment, net | | | 226.9 | | | 266.6 | Lease liabilities (current) | | Current installments of long-term debt | | | 16.1 | | | 29.4 | Lease liabilities (noncurrent) | | Senior long-term debt, excluding current installments | | | 224.3 | | | 237.8 |
The components of total lease cost were as follows: | | | | | | | | | | | | 2026 | | 2025 | | 2024 | Operating lease cost | | $ | 48.1 | | $ | 47.6 | | $ | 53.1 | Finance lease cost | | | | | | | | | | Depreciation of leased assets | | | 21.1 | | | 23.4 | | | 23.2 | Interest on lease liabilities | | | 13.3 | | | 13.7 | | | 12.0 | Short-term lease cost | | | 10.2 | | | 7.9 | | | 11.2 | Total lease cost | | $ | 92.7 | | $ | 92.6 | | $ | 99.5 |
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