Leases (Tables)

6 Months Ended

Nov. 30, 2019

Leases

Summary of operating lease cost

The summary of our operating lease cost is as follows:

	Three Months		Six Months
	Ended		Ended
	November 30,		November 30,
	2019		2019
Operating lease cost	$	4.5	$	8.7
Short-term lease cost		1.3		2.6
Variable lease cost		1.8		2.8
	$	7.6	$	14.1

Supplemental cash flow information related to leases for the three- and six-month period ended November 30, 2019 was as follows:

	Three Months		Six Months
	Ended		Ended
	November 30,		November 30,
	2019		2019
Cash paid for amounts included in the measurement of lease liabilities	$	3.9	$	7.6
Operating lease liabilities arising from obtaining ROU assets		13.1		13.1

Schedule of maturities of our lease payments

2020 (excluding the six months ended November 30, 2019)	$	8.6
2021		16.6
2022		14.8
2023		13.0
2024		11.1
Thereafter		51.6
Total undiscounted payments		115.7
Less: Imputed interest		(18.0)
Present value of minimum lease payments		97.7
Less: Operating lease liabilities – current		(13.7)
Operating lease liabilities – non-current	$	84.0

Schedule of future minimum operating lease payments

Prior to the adoption of ASC 842, our future minimum operating lease payments at May 31, 2019 were as follows:

2020	$	21.6
2021		19.3
2022		16.5
2023		13.2
2024		11.0
Thereafter		39.9
	$	121.5