v3.26.1
Leases (Tables)
12 Months Ended
May 30, 2026
Leases [Abstract]  
Schedule of Lease Expense Components
The Company's lease costs recognized in the Consolidated Statements of Comprehensive Income consist of the following:
Year EndedYear Ended
(In millions)
May 30, 2026May 31, 2025
Operating lease costs$96.3 $90.7 
Short-term lease costs4.6 5.2 
Variable lease costs16.5 16.7 
Total$117.4 $112.6 
Supplemental cash flow and other lease information as of and for periods indicated, includes (dollars in millions):
Year EndedYear Ended
May 30, 2026May 31, 2025
Weighted-average remaining lease term (in years)
Operating leases6.66.6
Finance leases
2.93.8
Weighted-average discount rate
Operating leases5.2 %3.6 %
Finance leases6.0 %3.3 %
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases$96.8 $148.5 
Operating cash flows from finance leases0.2 0.1 
Financing cash flows from finance leases0.3 0.3 
ROU assets obtained in exchange for new operating lease liabilities
Operating leases$91.5 $124.3 
Finance leases— — 
Schedule of Future Estimated Minimum Lease Payments
The undiscounted annual future minimum lease payments related to the Company's right-of-use assets are summarized by fiscal year in the following table:
(In millions)
2027$111.8 
2028100.0 
202989.9 
203082.5 
203170.6 
Thereafter166.8 
Total lease payments*$621.6 
Less interest105.8 
Present value of lease liabilities$515.8 
*Lease payments exclude $73.5 million of legally binding minimum lease payments for leases signed but not yet commenced.