DEBT

The following table presents the Company's debt:



	May 27, 2018		November 26, 2017
	(Dollars in thousands)
Long-term debt
5.00% senior notes due 2025	$	484,632	$	483,683
3.375% senior notes due 2027	549,404		555,177
Total long-term debt	$	1,034,036	$	1,038,860
Short-term debt
Short-term borrowings	$	23,122	$	38,451
Total debt	$	1,057,158	$	1,077,311

Senior Revolving Credit Facility

The Company's unused availability under its senior secured revolving credit facility was $698.1 million at May 27, 2018, as the Company's total availability of $744.3 million was reduced by $46.2 million of letters of credit and other credit usage allocated under the credit facility.

Interest Rates on Borrowings

The Company’s weighted-average interest rate on average borrowings outstanding during the three and six months ended May 27, 2018 was 5.19% and 5.00%, respectively, as compared to 5.66% and 6.17%, respectively, in the same periods of 2017.