FAIR VALUE MEASUREMENTS (Tables)

9 Months Ended

Feb. 28, 2021

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of February 28, 2021:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	5.6	$	3.2	$	—	$	8.8
Marketable securities		7.2		—		—		7.2
Deferred compensation assets		8.5		—		—		8.5
Total assets	$	21.3	$	3.2	$	—	$	24.5
Liabilities:
Derivative liabilities	$	—	$	3.5	$	—	$	3.5
Deferred compensation liabilities		77.6		—		—		77.6
Total liabilities	$	77.6	$	3.5	$	—	$	81.1

The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 31, 2020:

	Level 1		Level 2		Level 3		Net Value
Assets:
Derivative assets	$	2.8	$	5.2	$	—	$	8.0
Marketable securities		8.1		—		—		8.1
Deferred compensation assets		8.6		—		—		8.6
Total assets	$	19.5	$	5.2	$	—	$	24.7
Liabilities:
Derivative liabilities	$	—	$	0.4	$	—	$	0.4
Deferred compensation liabilities		68.0		—		—		68.0
Total liabilities	$	68.0	$	0.4	$	—	$	68.4