Schedule of components of total lease costs, net


	For the Fiscal Year Ended May (a)
(in millions)	2022		2021		2020
Operating lease costs	$	33.9	$	33.2	$	29.7
Short-term and variable lease costs		7.8		9.0		5.8
Sublease income		(4.9)		(3.4)		(2.7)
Finance lease costs:
Amortization of lease assets		1.1		1.9		3.2
Interest on lease obligations		0.2		0.3		0.6
Total lease costs, net	$	38.1	$	41.0	$	36.6

(a)

Supply-chain-related lease costs are included in “Cost of sales,” and the remainder is recorded in “Selling, general, and administrative expenses,” in our Consolidated Statements of Earnings. Interest on finance lease obligations is included in “Interest expense, net,” in our Consolidated Statements of Earnings.

Schedule of maturities of lease liabilities for operating leases


	Operating		Finance
(in millions, except for lease term and discount rate amounts)	Leases		Leases
2023	$	25.2	$	1.2
2024		21.3		1.1
2025		18.9		1.0
2026		15.9		0.8
2027		14.9		0.6
Thereafter		52.8		4.1
Total lease payments		149.0		8.8
Less: Interest		(21.9)		(1.8)
Present value of lease obligations	$	127.1	$	7.0

Weighted-average remaining lease term (years)		7.4		13.4
Weighted-average discount rate		4.0%		3.1%

Schedule of supplemental cash flow information related to leases


	For the Fiscal Years Ended May
(in millions)	2022		2021		2020
Cash paid for amounts included in the measurement of lease obligations:
Operating cash flows for operating leases	$	29.1	$	30.9	$	26.8
Financing cash flows for finance leases		1.1		1.7		2.6

Noncash investing and financing activities:
Assets obtained in exchange for new operating lease obligations		1.4		5.2		41.4
Assets obtained in exchange for new finance lease obligations		0.5		—		2.2