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Commitments and Contingencies
3 Months Ended
Aug. 31, 2012
Commitments and Contingencies

NOTE 11 — Commitments and Contingencies

At August 31, 2012, the Company had letters of credit outstanding totaling $124 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.