DEBT AND FINANCING OBLIGATIONS (Tables)

9 Months Ended

Feb. 28, 2021

DEBT AND FINANCING OBLIGATIONS

Schedule of debt, including financing obligations

	February 28,		May 31,
	2021		2020
Short-term borrowings:
Revolving credit facility	$	—	$	495.0
Other credit facilities		—		3.7
		—		498.7
Long-term debt:
Term loan facility, due November 2021		—		276.6
Term A-1 loan facility, due June 2024		277.5		288.7
Term A-2 loan facility, due April 2025		316.9		325.0
4.625% senior notes, due November 2024		833.0		833.0
4.875% senior notes, due November 2026		833.0		833.0
4.875% senior notes, due May 2028		500.0		500.0
		2,760.4		3,056.3
Financing obligations:
Lease financing obligations due on various dates through 2040 (a)		7.5		13.3
		7.5		13.3
Total debt and financing obligations		2,767.9		3,568.3
Debt issuance costs		(23.6)		(28.2)
Short-term borrowings		—		(498.7)
Current portion of long-term debt and financing obligations		(32.0)		(48.8)
Long-term debt and financing obligations, excluding current portion	$	2,712.3	$	2,992.6

(a) The interest rates on our lease financing obligations range from 2.49% to 4.10% as of February 28, 2021, and 2.31% to 4.10% as of May 31, 2020.