Debt (Tables)

9 Months Ended

12 Months Ended

Feb. 28, 2013

May 31, 2012

Debt Disclosure [Abstract]

Schedule of Terms and Carrying Value of Debt Instrument

The terms and carrying value of each debt instrument at February 28, 2013 and May 31, 2012 are set forth below:

(U.S. dollars and euros in millions)	Maturity Date	Interest Rate	Currency	February 28, 2013		May 31, 2012
Debt Instruments
European facilities	No Maturity Date	Interest Free	EUR	€	2.0	€	2.8
				$	2.6	$	3.5
Term loan facility	March 25, 2015	LIBOR + 3.00%	USD	$	104.6	$	2,234.7
Term loan facility	July 25, 2017	LIBOR + 3.75%	USD	$	2,122.1	$	—
Term loan facility	March 25, 2015	LIBOR + 3.00%	EUR	€	168.2	€	835.6
				$	220.1	$	1,039.6
Term loan facility	July 25, 2017	LIBOR + 4.00%	EUR	€	661.0	€	—
				$	864.9	$	—
Cash flow revolving credit facility	April 25, 2017	LIBOR + 3.50%	USD	$	—	$	—
Cash flow revolving credit facility	April 25, 2017	LIBOR + 3.50%	USD/EUR	$	—	$	—
Asset-based revolving credit facility	July 25, 2017	LIBOR + 1.75%	USD	$	—	$	—
Asset-based revolving credit facility	July 25, 2017	LIBOR + 1.75%	EUR	€	—	€	—
Senior cash pay notes	October 15, 2017	10%	USD	$	—	$	761.0
Senior PIK toggle notes	October 15, 2017	10.375% - 11.125%	USD	$	—	$	771.0
Senior subordinated notes	October 15, 2017	11.625%	USD	$	—	$	1,015.0
Senior notes	August 1, 2020	6.500%	USD	$	1,825.0	$	—
Senior subordinated notes	October 1, 2020	6.500%	USD	$	800.0	$	—
Premium on notes				$	39.1	$	3.0
Total debt				$	5,978.4	$	5,827.8

The terms and carrying value of each debt instrument at May 31, 2012 are set forth below:

(U.S. dollars and euros in millions)	Maturity Date	Interest Rate	Currency	May 31, 2012		May 31, 2011
Debt Instruments
Non-U.S. facility	No Maturity Date	Interest Free	EUR	€	2.8	€	3.9
				$	3.5	$	5.6
Term loan facility	March 25, 2015	LIBOR + 3.00%	USD	$	2,234.7	$	2,258.1
Term loan facility	March 25, 2015	LIBOR + 3.00%	EUR	€	835.6	€	844.4
				$	1,039.6	$	1,206.3
Cash flow revolving credit facility	September 25, 2013	LIBOR + 2.00%	USD	—		—
Cash flow revolving credit facility	September 25, 2013	LIBOR + 2.00%	USD/EUR	$/ € —		$/ € —
Asset-based revolving credit facility	September 25, 2013	LIBOR + 1.25%	USD	—		—
Senior cash pay notes	October 15, 2017	10%	USD	$	761.0	$	761.0
Senior PIK toggle notes	October 15, 2017	103/8% / 111/8%	USD	$	771.0	$	771.0
Senior subordinated notes	October 15, 2017	115/8%	USD	$	1,015.0	$	1,015.0
Premium on notes				$	3.0	$	3.3
Total debt				$	5,827.8	$	6,020.3

Schedule of Short-term Borrowings

As of May 31, 2012 and 2011, short-term borrowings consisted of the following:

(in millions)	May 31, 2012		May 31, 2011
Senior secured credit facilities	$	34.3	$	35.9
Non-U.S. facility	1.3		1.5
Total	$	35.6	$	37.4

Schedule of Long-term Obligations

Summarized in the table below are the Company’s long-term obligations as of May 31, 2012:

(in millions)	Total		2013		2014 and 2015		2016 and 2017		2018 and thereafter
Long-term debt (including current maturities)	$	5,827.8	$	35.6	$	3,240.0	$	—	$	2,552.2