DEBT

The following table presents the Company's debt:



	August 25, 2019		November 25, 2018
	(Dollars in thousands)
Long-term debt
5.00% senior notes due 2025	$	487,086	$	485,605
3.375% senior notes due 2027	519,922		534,614
Total long-term debt	$	1,007,008	$	1,020,219
Short-term debt
Short-term borrowings	$	27,554	$	31,935
Total debt	$	1,034,562	$	1,052,154

Senior Revolving Credit Facility

The Company's unused availability under its senior secured revolving credit facility was $734.7 million at August 25, 2019, as the Company's total availability of $765.3 million was reduced by $30.6 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 nine months ended August 25, 2019 was 5.30% and 5.28%, respectively, as compared to 5.04% and 5.00%, respectively, during the same periods of 2018.