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Senior Long-Term Debt Subordinated Debt And Loan Agreements (Tables)
12 Months Ended
May 27, 2012
Credit Facilities and Borrowings [Abstract]  
Summary of Senior Long-Term Debt, Subordinated Debt And Loan Agreements
                 
    2012     2011  

Senior Debt

               

8.25% senior debt due September 2030

  $         300.0     $         300.0  

7.0% senior debt due October 2028

    382.2       382.2  

6.7% senior debt due August 2027

    9.2       9.2  

7.125% senior debt due October 2026

    372.4       372.4  

7.0% senior debt due April 2019

    500.0       500.0  

5.819% senior debt due June 2017

    500.0       500.0  

5.875% senior debt due April 2014

    500.0       500.0  

6.75% senior debt due September 2011

          342.7  

2.00% to 9.59% lease financing obligations due on various dates through 2029

    106.0       105.4  

Other indebtedness

    73.1       67.0  
   

 

 

   

 

 

 

Total face value senior debt

  $ 2,742.9     $ 3,078.9  
   

 

 

   

 

 

 

Subordinated Debt

               

9.75% subordinated debt due March 2021

  $ 195.9     $ 195.9  
   

 

 

   

 

 

 

Total face value subordinated debt

    195.9       195.9  
   

 

 

   

 

 

 

Total debt face value

    2,938.8       3,274.8  

Unamortized discounts/premiums

    (59.8     (68.3

Adjustment due to hedging activity

    17.7       27.3  

Less current installments

    (38.1     (363.5
   

 

 

   

 

 

 

Total long-term debt

  $ 2,858.6     $ 2,870.3  
   

 

 

   

 

 

 
Aggregate minimum principal maturities of the long-term debt
         

2013

  $          38.1  

2014

    508.9  

2015

    82.1  

2016

    5.4  

2017

    14.7  
Net interest expense
                                 
    2012         2011         2010  

Long-term debt

  $     213.2         $     231.1         $     257.7  

Short-term debt

    0.3           0.2           0.1  

Interest income

    (4.0         (42.2         (85.2

Interest capitalized

    (5.5         (11.6         (12.2
   

 

 

       

 

 

       

 

 

 
    $ 204.0         $ 177.5         $ 160.4