XML 74 R59.htm IDEA: XBRL DOCUMENT v3.20.2
Debt and Derivatives - Narrative (Details) - USD ($)
12 Months Ended
May 31, 2020
May 31, 2019
May 31, 2018
May 24, 2019
May 23, 2019
Debt Instrument [Line Items]          
Average interest rate 3.80%        
Long-term debt, carrying amount $ 2,539,705,000 $ 2,537,507,000      
(Payments) issuance of commercial paper, net (112,500,000) 112,500,000 $ (50,500,000)    
Letters of credit outstanding, amount 120,600,000 120,600,000      
Long-term Debt, Fiscal Year Maturity [Abstract]          
Maturities of long term debt, next twelve months 0.0        
Maturities of long term debt, year two 900,000,000.0        
Maturities of long term debt, year three 350,000,000.0        
Maturities of long term debt, year four 0.0        
Maturities of long term debt, year five 50,000,000.0        
Interest paid 105,500,000 101,800,000 122,100,000    
Commercial paper 0 112,500,000      
Borrowings on revolving credit facility 0 0      
Amortization of interest rate lock agreement, net of tax benefit of $463, $717 and $571, respectively (1,433,000) (1,179,000) (933,000)    
Inventory          
Long-term Debt, Fiscal Year Maturity [Abstract]          
Unrecognized purchase commitments 117,600,000        
Purchases related to unrecognized commitments 32,700,000        
Other comprehensive Income          
Long-term Debt, Fiscal Year Maturity [Abstract]          
Amortization of interest rate lock agreement, net of tax benefit of $463, $717 and $571, respectively 1,400,000 $ 1,200,000 $ 900,000    
Commercial paper          
Debt Instrument [Line Items]          
Average interest rate   2.70%      
Senior notes | 2020 interest rate locks | Designated as Hedging Instrument | Cash Flow Hedging          
Long-term Debt, Fiscal Year Maturity [Abstract]          
Derivative notional amount 950,000,000.0        
Interest rate lock agreements - assets 1,500,000        
Interest rate lock agreements - liabilities 53,800,000        
Senior notes | 2019 interest rate locks | Designated as Hedging Instrument | Cash Flow Hedging          
Long-term Debt, Fiscal Year Maturity [Abstract]          
Derivative notional amount   $ 500,000,000.0      
Interest rate lock agreements - liabilities 111,900,000 36,400,000      
Term Notes Due Through 2037 | Unsecured Debt          
Debt Instrument [Line Items]          
Long-term debt, carrying amount 2,550,000,000.0 2,866,200,000      
Long-term debt, fair value $ 2,804,200,000 $ 2,998,700,000      
Credit agreement          
Long-term Debt, Fiscal Year Maturity [Abstract]          
Line of credit facility, accordion feature, increase limit (up to)       $ 250,000,000.0  
Credit agreement | Revolving Credit Facility          
Long-term Debt, Fiscal Year Maturity [Abstract]          
Revolving credit facility, maximum borrowing capacity with accordion feature       1,000,000,000.0 $ 600,000,000.0
Credit agreement | Term loan          
Long-term Debt, Fiscal Year Maturity [Abstract]          
Revolving credit facility, maximum borrowing capacity with accordion feature       $ 200,000,000.0