Debt and Receivables Securitization (Tables)

12 Months Ended

May 31, 2021

Debt Disclosure [Abstract]

Summary of Long-term Debt and Short-term Borrowings Outstanding

The following table summarizes our long-term debt and short-term borrowings outstanding at May 31, 2021 and 2020:

(in thousands)	2021			2020
1.56% Series A senior notes due August 23, 2031		44,871			40,750
1.90% Series B senior notes due August 23, 2034		67,245			61,071
4.30% senior notes due August 1, 2032		200,000			200,000
4.55% senior notes due April 15, 2026		250,000			250,000
4.60% senior notes due August 10, 2024		150,000			150,000
Other		1,363			1,239
Total debt		713,479			703,060
Unamortized discount and debt issuance costs		(2,990	)		(3,395	)
Total debt, net		710,489			699,665
Less: current maturities and short-term borrowings		458			149
Total long-term debt	$	710,031		$	699,516

Maturities of Long-term Debt

Maturities of long-term debt in the next five fiscal years, and the remaining years thereafter, are as follows:

(in thousands)
2022	$	458
2023		302
2024		302
2025		150,302
2026		-
Thereafter		562,115
Total	$	713,479