Commitments and Contingencies

6 Months Ended

Nov. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

NOTE 13 — Commitments and Contingencies

At November 30, 2013, the Company had letters of credit outstanding totaling $129 million. These letters of credit were issued primarily for the purchase of inventory and guarantees of the Company’s performance under certain self-insurance and other programs.

There have been no other significant subsequent developments relating to the commitments and contingencies reported on the Company's latest Annual Report on Form 10-K.

- Definition

The entire disclosure for commitments and contingencies.

+ References

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+ Details