v3.26.3
Short-Term Borrowings and Long-Term Debt (Tables)
3 Months Ended
Aug. 29, 2026
Debt Disclosure [Abstract]  
Schedule of Short-Term Borrowings and Long-Term Debt
Short-term borrowings and long-term debt as of August 29, 2026, and May 30, 2026, consisted of the following:
(In millions)
August 29, 2026
May 30, 2026
Syndicated revolving line of credit, due April 2030
$
311.5 
$
309.2 
Term Loan A, 5.4809%, due April 2030
390.0 
392.5 
Term Loan B, 5.7309%, due August 2032
545.9 
547.3 
Accounts Receivable Securitization Facility, 4.7584% due September 2028
56.5 
42.9 
Supplier financing program
2.7 
1.8 
Finance lease liability
0.8 
0.9 
Total debt
$
1,307.4 
$
1,294.6 
Less: Unamortized discount and issuance costs
(8.6)
(8.9)
Less: Short-term borrowings and current portion of long-term debt
(28.4)
(25.1)
Long-term debt
$
1,270.4 
$
1,260.6 
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)
August 29, 2026
May 30, 2026
Syndicated revolving line of credit borrowing capacity
$
725.0 
$
725.0 
Less: Borrowings under the syndicated revolving line of credit
311.5 
309.2 
Less: Outstanding letters of credit
11.7 
11.8 
Available borrowings under the syndicated revolving line of credit
$
401.8 
$
404.0