LONG-TERM DEBT (Tables)

12 Months Ended

May 26, 2024

LONG-TERM DEBT

Schedule of debt

	May 26, 2024		May 28, 2023
5.4% senior debt due November 2048	$	1,000.0	$	1,000.0
4.65% senior debt due January 2043		176.7		176.7
6.625% senior debt due August 2039		91.4		91.4
5.3% senior debt due November 2038		1,000.0		1,000.0
8.25% senior debt due September 2030		300.0		300.0
4.85% senior debt due November 2028		1,300.0		1,300.0
7.0% senior debt due October 2028		382.2		382.2
1.375% senior debt due November 2027		1,000.0		1,000.0
6.7% senior debt due August 2027		9.2		9.2
7.125% senior debt due October 2026		262.5		262.5
5.3% senior debt due October 2026		500.0		—
4.6% senior debt due November 2025		1,000.0		1,000.0
SOFR plus 1.35% term loan due August 2025		250.0		500.0
4.3% senior debt due May 2024		—		1,000.0
0.5% senior debt due August 2023		—		500.0
0.79% to 9.59% lease financing obligations due on various dates through 2043		273.7		112.6
Other indebtedness		—		0.1
Total face value of debt		7,545.7		8,634.7
Unamortized fair value adjustment		17.7		18.5
Unamortized discounts		(17.7)		(20.1)
Unamortized debt issuance costs		(32.8)		(35.8)
Less current installments		(20.3)		(1,516.0)
Total long-term debt	$	7,492.6	$	7,081.3

Schedule of long-term debt maturities

2025	$	20.3
2026		1,267.7
2027		783.6
2028		1,021.5
2029		1,695.1

Schedule of net interest expense

		2024		2023		2022
Long-term debt	$	419.2	$	402.1	$	393.1
Short-term debt		25.8		18.8		2.3
Interest income		(5.7)		(3.9)		(2.1)
Interest capitalized		(8.8)		(7.4)		(13.4)
	$	430.5	$	409.6	$	379.9