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DEBT (Tables)
 12 Months Ended
May 29, 2022
Debt Disclosure [Abstract]  
Components of Long-Term Debt
The components of long-term debt are as follows:
(in millions)May 29, 2022May 30, 2021
3.850% senior notes due May 2027
$500.0 $500.0 
6.000% senior notes due August 2035
96.3 96.3 
6.800% senior notes due October 2037
42.8 42.8 
4.550% senior notes due February 2048
300.0 300.0 
Total long-term debt$939.1 $939.1 
Fair value hedge(28.0)(0.2)
Less unamortized discount and issuance costs(10.1)(9.1)
Total long-term debt less unamortized discount and issuance costs$901.0 $929.8 
Schedule of Maturities of Long-term Debt The aggregate contractual maturities of long-term debt for each of the five fiscal years subsequent to May 29, 2022, and thereafter are as follows:
(in millions)
Fiscal Year20232024202520262027Thereafter
Debt repayments$— $— $— $— $500.0 $439.1