Debt (Tables)

9 Months Ended

Feb. 29, 2024

Debt Disclosure [Abstract]

Summary of Debt Outstanding

The following table summarizes the Company’s debt outstanding at February 29, 2024, and May 31, 2023:

	February 29,		May 31,
(In millions)	2024		2023
Short-term borrowings and current maturities
Revolving credit facility	$	147.2	$	-
Current maturities of Term Loan Facility with the Former Parent		-		20.0
Other		-		2.8
Total short-term borrowings		147.2		22.8
Total long-term borrowings		-		-
Total	$	147.2	$	22.8

Maturities of Long-term Debt and Short-term Borrowings

The following table provides the maturities of long-term debt and short-term borrowings in the next five fiscal years and the remaining years thereafter:

(In millions)
Fiscal 2024	$	147.2
Fiscal 2025		-
Fiscal 2026		-
Fiscal 2027		-
Fiscal 2028		-
Thereafter		-
Total	$	147.2