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Leases (Tables)
12 Months Ended
May 31, 2022
Leases [Abstract]  
Assets And Liabilities
The following table summarizes right-of-use assets and lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal years ended May 31, 2022 and May 31, 2021:

May 31, 2022May 31, 2021Location within Consolidated Balance Sheet
Operating leases$81.9 $78.6 Operating lease right-of-use assets, net
Finance leases8.1 10.2 Property, plant and equipment, net
Total lease assets$90.0 $88.8 
Operating leases :
Current portion$20.8 $25.0 Current portion of operating lease liabilities
Non-current portion69.8 67.4 Long-term operating lease liabilities
Total operating lease liabilities$90.6 $92.4 
Finance leases :
Current portion$2.3 $2.2 Other accrued expenses
Non-current portion6.7 8.8 Other noncurrent liabilities
Total finance lease liabilities$9.0 $11.0 
Total lease liabilities$99.6 $103.4 
Lease Expense, Cash Flow and Weighted Average Information
The following table summarizes the lease expense activity for the fiscal years ended May 31:
Location within Consolidated Statements of Operations
202220212020
Operating lease expense$25.9 $28.3 $28.6 Selling, general and administrative expenses
Finance lease costs :
Depreciation of leased assets2.2 2.3 2.1 Depreciation and amortization
Accretion of lease liabilities0.4 0.4 0.4 Interest expense
Total lease expense$28.5 $31.0 $31.1 

The following table summarizes certain cash flows information related to the Company's leases for the fiscal years ended May 31:
202220212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases$31.4 $27.4 $25.4 
Operating cash flows from finance leases0.4 0.4 0.4 
Financing cash flows from finance leases2.3 2.3 2.0 
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 Consolidated Balance Sheet for the fiscal years ended May 31, 2022 and May 31, 2021:

20222021
Weighted-average remaining lease term (years):
Operating Leases6.35.8
Finance Leases4.95.6
Weighted-average discount rate:
Operating Leases4.3 %4.6 %
Finance Leases4.0 %4.0 %
Finance Lease, Maturity
The following table provides the maturities of the Company's lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal year ended May 31, 2022:

Operating LeasesFinance Leases
Fiscal 2023$23.8 $2.6 
Fiscal 202421.2 2.4 
Fiscal 202515.5 1.6 
Fiscal 20269.5 1.2 
Fiscal 20277.6 1.1 
Thereafter28.3 1.0 
Total lease payments$105.9 $9.9 
Less: interest(15.3)(0.9)
Total lease liabilities$90.6 $9.0 
Operating Lease, Maturity
The following table provides the maturities of the Company's lease liabilities recorded on the Company's Consolidated Balance Sheet for the fiscal year ended May 31, 2022:

Operating LeasesFinance Leases
Fiscal 2023$23.8 $2.6 
Fiscal 202421.2 2.4 
Fiscal 202515.5 1.6 
Fiscal 20269.5 1.2 
Fiscal 20277.6 1.1 
Thereafter28.3 1.0 
Total lease payments$105.9 $9.9 
Less: interest(15.3)(0.9)
Total lease liabilities$90.6 $9.0