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Long-Term Debt (Tables)
12 Months Ended
May 26, 2013
Long-term Debt, Unclassified [Abstract]  
Components Of Long-Term Debt
The components of long-term debt are as follows:
(in millions)
May 26, 2013

 
May 27, 2012

5.625% senior notes due October 2012
$

 
$
350.0

7.125% debentures due February 2016
100.0

 
100.0

Variable-rate term loan (1.44% at May 26, 2013) due August 2017
300.0

 

6.200% senior notes due October 2017
500.0

 
500.0

3.790% senior notes due August 2019
80.0

 

4.500% senior notes due October 2021
400.0

 
400.0

3.350% senior notes due November 2022
450.0

 

4.520% senior notes due August 2024
220.0

 

6.000% senior notes due August 2035
150.0

 
150.0

6.800% senior notes due October 2037
300.0

 
300.0

ESOP loan

 
5.9

Total long-term debt
$
2,500.0

 
$
1,805.9

Fair value hedge
1.9

 
3.2

Less issuance discount
(5.7
)
 
(5.5
)
Total long-term debt less issuance discount
$
2,496.2

 
$
1,803.6

Less current portion

 
(349.9
)
Long-term debt, excluding current portion
$
2,496.2

 
$
1,453.7

Aggregate Maturities Of Long-Term Debt
All of our long-term debt currently outstanding is expected to be repaid entirely at maturity with interest being paid semi-annually over the life of the debt. The aggregate maturities of long-term debt for each of the five fiscal years subsequent to May 26, 2013, and thereafter are as follows:
(in millions)
 
Fiscal Year
Amount
2014
$

2015
15.0

2016
115.0

2017
15.0

2018
755.0

Thereafter
1,600.0

Long-term debt
$
2,500.0