DEBT AND FINANCING OBLIGATIONS (Tables)

3 Months Ended

Aug. 27, 2017

DEBT AND FINANCING OBLIGATIONS

Schedule of debt, including financing obligations

At August 27, 2017 and May 28, 2017, our debt, including financing obligations was as follows (dollars in millions):

	August 27,		May 28,
	2017		2017
Short-term borrowings:
Revolving credit facility	$	8.9	$	4.5
Other credit facilities		23.4		17.5
		32.3		22.0
Long-term debt:
Term loan facility, due 2021		658.1		666.6
4.625% senior notes, due 2024		833.0		833.0
4.875% senior notes, due 2026		833.0		833.0
LIBOR plus a margin (1.90% to 2.30%) and 4.34%, installment notes due on various dates through June 2031		28.8		29.5
		2,352.9		2,362.1
Financing obligations:
4.35% lease financing obligation due May 2030		67.9		68.2
2.00% to 3.40% lease financing obligations due on various dates through 2040		12.4		7.7
		80.3		75.9
Total debt and financing obligations		2,465.5		2,460.0
Debt issuance costs		(34.0)		(35.1)
Short-term borrowings		(32.3)		(22.0)
Current portion of long-term debt and financing obligations		(39.1)		(37.9)
Long-term debt, excluding current portion	$	2,360.1	$	2,365.0