Derivative Instruments and Hedging Activities (Tables)

3 Months Ended

Aug. 31, 2012

Schedule of Summary Existing Swap Agreements

The table below summarizes existing swap agreements:

(U.S. dollars and euros in millions)						Fair Value at			Fair Value at
		Notional				August 31, 2012			May 31, 2012
Structure	Currency	Amount		Effective Date	Termination Date	Asset (Liability)			Asset (Liability)
5 year	EUR	€	230.0	September 25, 2007	September 25, 2012	$	(0.8	)	$	(3.5	)
5 year	EUR		40.0	March 25, 2008	March 25, 2013		(1.1	)		(1.4	)
5 year	EUR		200.0	September 25, 2012	September 25, 2017		(11.9	)		(9.5	)
5 year	EUR		200.0	September 25, 2012	September 25, 2017		(11.6	)		(9.3	)
5 year	USD	$	585.0	September 25, 2007	September 25, 2012		(1.9	)		(8.9	)
5 year	USD		190.0	March 25, 2008	March 25, 2013		(3.1	)		(4.2	)
5 year	USD		325.0	December 26, 2008	December 25, 2013		(8.4	)		(9.0	)
5 year	USD		195.0	September 25, 2009	September 25, 2014		(10.3	)		(10.5	)
2 year	USD		190.0	March 25, 2013	March 25, 2015		(2.0	)		(1.0	)
3 year	USD		270.0	December 27, 2013	September 25, 2016		(6.2	)		(3.8	)
5 year	USD		350.0	September 25, 2012	September 25, 2017		(13.1	)		(8.0	)
5 year	USD		350.0	September 25, 2012	September 25, 2017		(13.0	)		(7.9	)
Credit valuation adjustment							3.0			0.8
Total interest rate instruments						$	(80.4	)	$	(76.2	)

Schedule of Interest Rate Swap

The tables below summarize the effective portion and ineffective portion of the Company’s interest rate swaps for the three months ended August 31, 2012 and 2011:

(in millions)	Three Months Ended			Three Months Ended
Derivatives in cash flow hedging relationship	August 31, 2012			August 31, 2011
Interest rate swaps:
Amount of gain (loss) recognized in OCI	$	(4.2	)	$	9.0
Amount of (gain) loss reclassified from accumulated OCI into interest expense (effective portion)		—			—
Amount (gain) loss recognized in other income (expense) (ineffective portion and amount excluded from effectiveness testing)		—			—