Leases (Tables)

6 Months Ended

Nov. 30, 2019

Leases [Abstract]

Assets And Liabilities

The following table summarizes right-of-use assets and lease liabilities recorded on the Company's Condensed Consolidated Balance Sheet as of November 30, 2019:

	November 30, 2019	Location within Condensed Consolidated Balance Sheet
Operating leases	$76.4	Operating lease right-of-use assets, net
Finance leases	11.1	Property, plant and equipment, net
Total lease assets	$87.5
Operating leases :
Current portion	23.5	Current portion of operating lease liabilities
Non-current portion	56.0	Long-term operating lease liabilities
Total operating lease liabilities	$79.5
Finance leases :
Current portion	2.0	Other accrued expenses
Non-current portion	9.8	Other noncurrent liabilities
Total finance lease liabilities	$11.8
Total lease liabilities	$91.3

Lease Expense, Cash Flow and Weighted Average Information

The following table summarizes the activity as a result of the adoption of ASC 842 for the three and six months ended November 30, 2019: 

	Three Months Ended November 30, 2019	Six Months Ended November 30, 2019	Location within Condensed Consolidated Statement of Operations
Operating lease expense	$7.1	$14.2	Selling, general and administrative expenses
Finance lease costs :
Depreciation of leased assets	0.5	0.9	Selling, general and administrative expenses
Accretion of lease liabilities	0.1	0.2	Interest income (expense), net
Total lease expense	$7.7	$15.3

The following table summarizes certain cash flows information related to the Company's leases for the six months ended November 30, 2019:

	Six Months Ended November 30, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$3.2
Operating cash flows from finance leases	0.2
Financing cash flows from finance leases	0.9

The following table summarizes the weighted-average remaining lease terms and weighted-average discount rates related to the Company's leases recorded on the Company's Condensed Consolidated Balance Sheet as of November 30, 2019:

	Operating	Finance
	Leases	Leases
Weighted-average remaining lease term (years)	4.3	6.2
Weighted-average discount rate	3.9%	3.8%

Finance Lease, Maturity

The following table provides a maturity analysis summary of the Company's lease liabilities recorded on the Company's Condensed Consolidated Balance Sheet as of November 30, 2019:

	Operating	Finance
	Leases	Leases
Remainder of Fiscal 2020 (1)	$14.0	$1.2
Fiscal 2021	23.0	2.4
Fiscal 2022	18.6	2.3
Fiscal 2023	12.8	2.1
Fiscal 2024	7.3	2.0
Fiscal 2025 and thereafter	11.4	3.3
Total lease payments	87.1	13.3
Less: interest	(7.6)	(1.5)
Total lease liabilities	$79.5	$11.8

Operating Lease, Maturity

The following table provides a maturity analysis summary of the Company's lease liabilities recorded on the Company's Condensed Consolidated Balance Sheet as of November 30, 2019:

	Operating	Finance
	Leases	Leases
Remainder of Fiscal 2020 (1)	$14.0	$1.2
Fiscal 2021	23.0	2.4
Fiscal 2022	18.6	2.3
Fiscal 2023	12.8	2.1
Fiscal 2024	7.3	2.0
Fiscal 2025 and thereafter	11.4	3.3
Total lease payments	87.1	13.3
Less: interest	(7.6)	(1.5)
Total lease liabilities	$79.5	$11.8

(1)    Fiscal 2020 includes the remaining six months of the current fiscal year ending May 31, 2020.