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Debt (Tables)
12 Months Ended
May 30, 2021
Debt [Abstract]  
Schedule of Components of Notes Payable [Table Text Block]

 

 

May 30, 2021

 

 

 

May 31, 2020

 

In Millions

 

Notes Payable

 

Weighted- Average Interest Rate

 

 

 

Notes Payable

 

Weighted- Average Interest Rate

 

U.S. commercial paper

$

-

 

-

%

 

$

99.9

 

3.6

%

Financial institutions

 

361.3

 

3.4

%

 

 

179.1

 

5.1

%

Total

$

361.3

 

3.4

%

 

$

279.0

 

4.6

%

Schedule of Fee-Paid Committed and Uncommitted Credit Lines [Table Text Block]

In Billions

 

Facility Amount

 

 

Borrowed Amount

Credit facility expiring:

 

 

 

 

 

April 2026

$

2.7

 

$

-

September 2022

 

0.2

 

 

-

Total committed credit facilities

 

2.9

 

 

-

Uncommitted credit facilities

 

0.6

 

 

0.4

Total committed and uncommitted credit facilities

$

3.5

 

$

0.4

Schedule of Long-term Debt Instruments [Table Text Block]

In Millions

 

May 30, 2021

 

May 31, 2020

4.2% notes due April 17, 2028

$

1,400.0

$

1,400.0

3.15% notes due December 15, 2021

 

1,000.0

 

1,000.0

3.7% notes due October 17, 2023

 

850.0

 

850.0

Floating-rate notes due April 16, 2021

 

-

 

850.0

4.0% notes due April 17, 2025

 

800.0

 

800.0

3.2% notes due February 10, 2027

 

750.0

 

750.0

2.875% notes due April 15, 2030

 

750.0

 

750.0

Euro-denominated 0.45% notes due January 15, 2026

 

731.5

 

666.1

4.7% notes due April 17, 2048

 

446.2

 

650.0

3.2% notes due April 16, 2021

 

-

 

600.0

Euro-denominated 2.1% notes due November 16, 2020

 

-

 

555.1

Euro-denominated 1.0% notes due April 27, 2023

 

609.6

 

555.1

4.55% notes due April 17, 2038

 

282.4

 

500.0

2.6% notes due October 12, 2022

 

500.0

 

500.0

5.4% notes due June 15, 2040

 

382.5

 

500.0

4.15% notes due February 15, 2043

 

434.9

 

500.0

3.65% notes due February 15, 2024

 

500.0

 

500.0

Euro-denominated 1.5% notes due April 27, 2027

 

487.7

 

444.0

Floating-rate notes due October 17, 2023

 

400.0

 

400.0

Euro-denominated 2.2% notes due June 24, 2021

 

243.9

 

222.0

Euro-denominated 0.0% notes due November 16, 2020

 

-

 

222.0

Medium-term notes, 0.56% to 6.41%, due fiscal 2023 or later

 

104.0

 

104.2

Euro-denominated 0.0% notes due August 21, 2021

 

609.6

 

-

Euro-denominated 0.0% notes due November 16, 2021

 

609.6

 

-

3.0% notes due February 1, 2051

 

605.2

 

-

Other, including debt issuance costs, debt exchange participation premium, and finance leases

 

(246.4)

 

(58.0)

 

 

12,250.7

 

13,260.5

Less amount due within one year

 

(2,463.8)

 

(2,331.5)

Total long-term debt

$

9,786.9

$

10,929.0

Schedule Of Long-term Debt And Capital Leases [Table Text Block]

In Millions

 

 

 

Fiscal 2022

$

2,463.8

 

Fiscal 2023

 

1,210.3

 

Fiscal 2024

 

1,754.4

 

Fiscal 2025

 

800.0

 

Fiscal 2026

 

731.5