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DEBT (Tables)
12 Months Ended
May 28, 2023
Debt Disclosure [Abstract]  
Components of Long-Term Debt
The components of long-term debt are as follows:
(in millions)May 28, 2023May 29, 2022
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(45.4)(28.0)
Less unamortized discount and issuance costs(8.8)(10.1)
Total long-term debt less unamortized discount and issuance costs$884.9 $901.0 
Schedule of Maturities of Long-term Debt The aggregate contractual maturities of long-term debt for each of the five fiscal years subsequent to May 28, 2023, and thereafter are as follows:
(in millions)
Fiscal Year20242025202620272028Thereafter
Debt repayments$— $— $— $500.0 $— $439.1