A summary of our purchase obligations and capital commitments that are enforceable and legally binding, as of May 31, 2026, are as follows. The expected timing of payments of the obligations in the table are estimated based on current information. Timing of payments and actual amounts paid may be different, depending on the time of receipt of goods or services, or changes to agreed-upon amounts for some obligations:


(in millions)	Purchase Obligations and Capital Commitments
2027 (a)	363.5
2028	103.6
2029	82.7
2030	70.6
2031	66.6
Thereafter	492.0
Total (b)	$	1,179.0

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(a)We had capital commitments of $152.8 million and $164.1 million as of May 31, 2026 and May 25, 2025, respectively, that represent commitments for construction of previously announced capacity expansions or factory modernization investments. While these commitments are intended to be paid within the next 12 months, we recognize that the timing of payments and actual amounts paid may be different, depending on the time of receipt of goods or services, or changes to agreed-upon amounts for some obligations. Capital commitments were not recorded as liabilities on our Consolidated Balance Sheets as of May 31, 2026 as we had not yet received the related goods nor taken title to the property. Capital purchases that we have taken title to, but not yet paid for, are recorded as liabilities on our Consolidated Balance Sheets as of May 31, 2026, and are disclosed in Note 1, Nature of Operations and Summary of Significant Accountant Policies, within Property, Plant and Equipment.

(b)The amounts in the table above exclude purchase commitments under potato supply agreements due to uncertainty of pricing and quantity. Potato supply agreements have maximum contracted pricing with deductions for certain quality attributes, and quantities purchased are determined by the yields produced on contracted acres. Total purchases under all our potato supply agreements were $1,307.3 million, $1,304.5 million, and $1,397.8 million in fiscal 2026, 2025, and 2024, respectively.