v3.26.1
Short-Term Borrowings and Long-Term Debt (Tables)
12 Months Ended
May 30, 2026
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
Long-term debt consisted of the following obligations:
(In millions)May 30, 2026May 31, 2025
Syndicated revolving line of credit, due April 2030
$309.2 $330.8 
Term Loan A, 5.3703%, due April 2030
392.5 400.0 
Term Loan B, 5.6203%, due August 2032
547.3 603.1 
Accounts Receivable Securitization Facility, 4.6950% due September 2028
42.9 — 
Supplier financing program1.8 2.0 
Finance lease liability
0.9 1.1 
Total debt$1,294.6  $1,337.0 
Less: Unamortized discount and issuance costs(8.9)(10.4)
Less: Current debt(25.1)(16.0)
Long-term debt$1,260.6 $1,310.6 
Schedule of Available Borrowings under Syndicated Revolving Line of Credit
Available borrowings under the syndicated revolving line of credit were as follows for the periods indicated:
(In millions)
May 30, 2026May 31, 2025
Syndicated revolving line of credit borrowing capacity$725.0 $725.0 
Less: Borrowings under the syndicated revolving line of credit309.2 330.8 
Less: Outstanding letters of credit11.8 12.0 
Available borrowings under the syndicated revolving line of credit
$404.0 $382.2 
Schedule of Maturities of Long-term Debt
At May 30, 2026, aggregate annual maturities and scheduled payments of long-term debt are as follows:
(In millions)
2027$25.1 
202825.8 
202976.2 
2030642.2 
20315.5 
Thereafter519.8 
Total $1,294.6