Subsequent Events (Tables)

9 Months Ended

Feb. 28, 2017

Subsequent Events [Abstract]

Summary of G&K Acquisition Debt Incurred

The following table summarizes the new debt and the debt acquired:

	Amount  (in millions)			Issue Date	Maturity	Interest  Rate
Senior notes	$	650.0		March 9, 2017	April 1, 2022	2.90	%
Senior notes	50.0			March 9, 2017	June 1, 2022	3.25	%
Senior notes	1,000.0			March 9, 2017	April 1, 2027	3.70	%
Term loan	250.0			March 21, 2017	September 15, 2021	1.91	%	*
Commercial paper	159.0			Various	Various	1.25	%
Total debt issued	2,109.0
Debt issuance costs	(10.7		)
Net proceeds from new debt	$	2,098.3
G&K senior notes	$	50.0			April 15, 2023	3.73	%
G&K senior notes	50.0				April 15, 2025	3.88	%
Total debt acquired	$	100.0

* The term loan is a variable rate debt instrument. The rate presented is the variable borrowing rate on the date the term loan was funded.