DEBT AND FINANCING OBLIGATION (Tables)

6 Months Ended

Nov. 27, 2016

DEBT AND FINANCING OBLIGATION

Schedule of debt, including financing obligations

	November 27,		May 29,
	2016		2016
Debt:
Term loan facility, due 2021	$	675.0	$	—
4.625% senior notes, due 2024		833.0		—
4.875% senior notes, due 2026		833.0		—
6.25% installment notes, due 2017		9.8		10.1
LIBOR plus a margin (1.90% to 2.30%) and 4.34%, installment notes due on various dates through June 2031		30.0		30.0
		2,380.8		40.1
Financing obligations:
4.35% lease financing obligation due May 2030		68.9		69.7
2.00% to 3.32% lease financing obligations due on various dates through 2040		8.3		8.3
		77.2		78.0
Long-term debt, including current portion		2,458.0		118.1
Debt issuance costs		(37.0)		—
Current portion of long-term debt		(39.0)		(13.5)
Long-term debt, excluding current portion	$	2,382.0	$	104.6

Schedule of aggregate minimum principal maturities of long term debt

	Financing
	Obligations (a)		Debt		Total
2017 remainder	$	3.8	$	18.7	$	22.5
2018		5.6		35.3		40.9
2019		5.4		35.4		40.8
2020		5.0		35.4		40.4
2021		4.9		35.5		40.4
2022		5.2		533.4		538.6
Thereafter		47.3		1,687.1		1,734.4
	$	77.2	$	2,380.8	$	2,458.0

Payments for our lease financing obligations for the next five fiscal years and thereafter include $35.5 million of payments representing interest.