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Borrowings - Additional Information (Detail) - USD ($)
3 Months Ended 12 Months Ended
Mar. 18, 2021
Feb. 21, 2020
Dec. 20, 2017
May 09, 2014
Oct. 23, 2012
Nov. 30, 2018
May 31, 2022
May 31, 2021
May 31, 2015
Jan. 25, 2022
May 22, 2020
Feb. 27, 2019
Mar. 02, 2017
May 29, 2015
Debt Instrument [Line Items]                            
Maturities of long-term debt in 2023             $ 603,800,000              
Maturities of long-term debt in 2024             445,500,000              
Maturities of long-term debt in 2025             1,400,000              
Maturities of long-term debt in 2026             800,000              
Maturities of long-term debt in 2027             399,900,000              
Maturities of long-term debt thereafter             1,250,500,000              
Credit facility, available liquidity             1,100,000,000              
Liquidity available             $ 1,307,900,000              
Consolidated indebtedness             57.50% 57.80%            
Credit facility borrowing potential maximum capacity             $ 1,500,000,000              
Debt, interest rate [1]               2.95%            
Maturity date [1]               Jan. 15, 2032            
Issuance of Debt                            
Debt Instrument [Line Items]                            
Covenant leverage ratio             425.00%              
Accounts Receivable Securitization Program with Two Banks, through May 21, 2024                            
Debt Instrument [Line Items]                            
Credit facility borrowing maximum capacity $ 250,000,000     $ 200,000,000.0     $ 250,000,000.0       $ 250,000,000.0      
Credit facility expiration date May 21, 2024     May 21, 2021                    
Percentage of indirect economic interest held in SPE       100.00%                    
Outstanding balance             $ 0              
Maturity date             May 21, 2024              
Unsecured 3.45% senior notes due November 15, 2022                            
Debt Instrument [Line Items]                            
Issuance of note         $ 300,000,000   $ 300,000,000.0 $ 300,000,000.0            
Debt, interest rate         3.45%   3.45% [2] 3.45% [2]            
Proceeds from issuance of note         $ 297,700,000                  
Maturity date [2]             Nov. 15, 2022 Nov. 15, 2022            
Unsecured 5.25% notes due June 1, 2045                            
Debt Instrument [Line Items]                            
Issuance of note                         $ 50,000,000.0 $ 250,000,000
Debt, interest rate             5.25% [3] 5.25% [3]         5.25% 5.25%
Note Interest payment frequency, term             Interest on the 2045 Notes is payable semiannually in arrears on June 1st and December 1st of each year at a rate of 5.250% per year              
Maturity date [3]             Jun. 01, 2045 Jun. 01, 2045            
Unsecured 3.75% notes due March 15, 2027                            
Debt Instrument [Line Items]                            
Issuance of note             $ 400,000,000.0 $ 400,000,000.0         $ 400,000,000.0  
Debt, interest rate             3.75% [4] 3.75% [4]         3.75%  
Note Interest payment frequency, term             Interest on the 2027 Notes is payable semiannually in arrears on March 15th and September 15th of each year, at a rate of 3.750% per year              
Maturity date [4]             Mar. 15, 2027 Mar. 15, 2027            
2.950% Notes due 2032                            
Debt Instrument [Line Items]                            
Interest payment terms             Interest on the Notes accrues from January 25, 2022 and will be payable semiannually in arrears on January 15 and July 15 of each year, beginning July 15, 2022, at a rate of 2.95% per year.              
Interest frequency of payment term             semiannually              
Issuance of note                   $ 300,000,000        
Debt, interest rate                   2.95%        
Maturity date             Jan. 15, 2032              
Unsecured 4.55% senior notes due March 1, 2029                            
Debt Instrument [Line Items]                            
Issuance of note             $ 350,000,000.0 $ 350,000,000.0       $ 350,000,000.0    
Debt, interest rate             4.55% [5] 4.55%       4.55%    
Note Interest payment frequency, term             Interest on the 2029 Notes accrues from February 27, 2019 and is payable semiannually in arrears on March 1st and September 1st of each year, beginning September 1, 2019, at a rate of 4.550% per year.              
Maturity date             Mar. 01, 2029 [5] Mar. 01, 2029            
Unsecured 4.25% notes due January 15, 2048                            
Debt Instrument [Line Items]                            
Issuance of note     $ 300,000,000.0       $ 300,000,000.0 $ 300,000,000.0            
Debt, interest rate     4.25%       4.25% [6] 4.25% [6]            
Note Interest payment frequency, term             Interest on the 2048 Notes accrues from December 20, 2017 and is payable semiannually in arrears on January 15th and July 15th of each year, beginning July 15, 2018, at a rate of 4.250% per year.              
Maturity date [6]             Jan. 15, 2048 Jan. 15, 2048            
Unsecured 6.50% senior notes due February 15, 2018                            
Debt Instrument [Line Items]                            
Debt, interest rate     6.50%                      
Maturity date             Feb. 15, 2018              
Repayments of unsecured senior notes     $ 250,000,000.0                      
Minimum | Issuance of Debt                            
Debt Instrument [Line Items]                            
Covenant leverage ratio             375.00%              
Interest coverage ratio             350.00%              
Minimum | Accounts Receivable Securitization Program with Two Banks, through May 21, 2024                            
Debt Instrument [Line Items]                            
Monthly unused commitment fee             0.30%              
Maximum | Accounts Receivable Securitization Program with Two Banks, through May 21, 2024                            
Debt Instrument [Line Items]                            
Monthly unused commitment fee             0.50%              
Margin                            
Debt Instrument [Line Items]                            
Basis spread on variable rate             85.00%              
Revolving Credit Facility                            
Debt Instrument [Line Items]                            
Credit facility, available liquidity             $ 856,200,000              
Credit facility borrowing maximum capacity           $ 1,300,000,000     $ 800,000,000.0          
Credit facility expiration date           Oct. 31, 2023     Dec. 05, 2019          
Interest coverage ratio             10.64%              
Leverage ratio             2.81%              
Maturity date [7]             Oct. 31, 2023 Oct. 31, 2023            
New Credit Facility                            
Debt Instrument [Line Items]                            
Credit facility expiration date   Feb. 21, 2023                        
New Credit Facility | Issuance of Debt                            
Debt Instrument [Line Items]                            
Covenant leverage ratio             375.00%              
New Credit Facility | Term Loan                            
Debt Instrument [Line Items]                            
Credit facility borrowing maximum capacity   $ 300,000,000         $ 300,000,000              
New Credit Facility | Term Loan | Foreign Borrower                            
Debt Instrument [Line Items]                            
Credit facility borrowing maximum capacity   $ 100,000,000                        
New Credit Facility | Interest Rate Swap Agreements | Term Loan | Foreign Borrower                            
Debt Instrument [Line Items]                            
Credit facility borrowing maximum capacity             $ 100,000,000              
New Credit Facility | Minimum | Issuance of Debt                            
Debt Instrument [Line Items]                            
Interest coverage ratio             350.00%              
Aggregate considerate for acquisition             $ 50,000,000              
New Credit Facility | Maximum | Issuance of Debt                            
Debt Instrument [Line Items]                            
Covenant leverage ratio             425.00%              
[1] The $300.0 million face amount of the notes due 2032 is adjusted for the amortization of the original issue discount, which approximated $0.6 million at May 31, 2022. The original issue discount effectively reduced the ultimate proceeds from the financing. The effective interest rate on the notes, including the amortization of the discount, is 2.976%. At May 31, 2022, the notes are adjusted for debt issuance costs, net of amortization, for approximately $2.9 million.
[2] The $300.0 million face amount of the notes due 2022 is adjusted for the mark-to-market derivative asset of approximated ($0.3 million) and ($0.8 million) at May 31, 2022 and 2021, respectively. The original issue discount effectively reduced the ultimate proceeds from the financing. The effective interest rate on the notes, including the amortization of the discount, is 3.465%. At May 31, 2022 and 2021, the notes are reduced by debt issuance costs, net of amortization, for approximately $0.1 million and $0.4 million, respectively.
[3] The $250.0 million face amount of the notes due 2045 is adjusted for the amortization of the original issue discount, which approximated $1.3 million and $1.4 million at May 31, 2022 and 2021, respectively. The original issue discount effectively reduced the ultimate proceeds from the financing. The effective interest rate on the notes, including the amortization of the discount, is 5.29%. In March 2017, as a further issuance of the 5.25% notes due 2045, we closed an offering of $50.0 million aggregate principal, which is adjusted for the unamortized premium received at issuance, which approximated $2.8 million and $2.9 million at May 31, 2022 and 2021, respectively. The premium effectively increased the proceeds from the financing. The
effective interest rate on the $50.0 million notes issued March 2017 is 4.839%. At May 31, 2022 and 2021, the notes are adjusted for debt issuance costs, net of amortization, for approximately $2.6 million and $2.8 million, respectively.
[4] The $400.0 million face amount of the notes due 2027 is adjusted for the amortization of the original issue discount, which approximated $0.3 million and $0.2 million at May 31, 2022 and 2021, respectively. The original issue discount effectively reduced the ultimate proceeds from the financing. The effective interest rate on the notes, including the amortization of the discount, is 3.767%. At May 31, 2022 and 2021, the notes are adjusted for debt issuance costs, net of amortization, for approximately $1.9 million and $2.3 million, respectively.
[5] The $350.0 million aggregate principal amount of the notes due 2029 is adjusted for the amortization of the original issue discount, which approximated $0.4 million at both May 31, 2022 and 2021. The original issue discount effectively reduced the ultimate proceeds from the financing. The effective interest rate on the notes, including the amortization of the discount, was 4.568%. At May 31, 2022 and 2021, the notes were adjusted for debt issuance costs, net of amortization, for approximately $2.3 million and $2.7 million, respectively.
[6] The $300.0 million face amount of the notes due 2048 is adjusted for the debt issuance cost, net of amortization, which approximated $3.2 million and $3.3 million at May 31, 2022 and 2021, respectively. The effective interest rate on the notes is 4.25%.
[7] Interest at May 31, 2022 was tied to LIBOR and averaged 2.3699% for the USD denominated swingline account ($37.7 million), 2.3096% for the USD denominated revolver ($60.0 million), and 1.25% on EUR denominated debt ($346.1 million). Interest at May 31, 2021 was tied to LIBOR and averaged 1.4609% for USD denominated debt ($37.7 million), 1.3950% for AUD denominated debt ($44.0 million) and 1.3750% on EUR denominated debt ($257.9 million). At May 31, 2022 and 2021, the revolving credit facility is adjusted for debt issuance costs, net of amortization, for approximately $1.5 million and $2.6 million, respectively.