Rendering
Component: (Network and Table) |
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Network | 2308301 - Disclosure - Debt (Tables) (http://www.darden.com/role/DebtTables) |
Table | (Implied) |
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis] | 0000940944 (http://www.sec.gov/CIK) |
Debt Disclosure [Abstract] | Period [Axis] |
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2015-06-01 - 2016-05-29 |
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Debt Disclosure [Abstract] | |
Components Of Long-Term Debt | The components of long-term debt are as follows: | | | | | | | | | (in millions) | May 29, 2016 |
| | May 31, 2015 |
| Variable-rate term loan (1.68% at May 31, 2015) due August 2017 | $ | — |
| | $ | 285.0 |
| 6.200% senior notes due October 2017 | — |
| | 500.0 |
| 4.500% senior notes due October 2021 | — |
| | 121.9 |
| 3.350% senior notes due November 2022 | — |
| | 111.1 |
| 4.520% senior notes due August 2024 | — |
| | 10.0 |
| 6.000% senior notes due August 2035 | 150.0 |
| | 150.0 |
| 6.800% senior notes due October 2037 | 300.0 |
| | 300.0 |
| Total long-term debt | $ | 450.0 |
| | $ | 1,478.0 |
| Fair value hedge | — |
| | 3.6 |
| Less unamortized discount and issuance costs | (10.0 | ) | | (14.3 | ) | Total long-term debt less unamortized discount and issuance costs | $ | 440.0 |
| | $ | 1,467.3 |
| Less current portion | — |
| | (15.0 | ) | Long-term debt, excluding current portion | $ | 440.0 |
| | $ | 1,452.3 |
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Schedule of Maturities of Long-term Debt |
The aggregate contractual maturities of long-term debt for each of the five fiscal years subsequent to May 29, 2016, and thereafter are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | (in millions) | | | Fiscal Year | | 2017 | | 2018 | | 2019 | | 2020 | | 2021 | | Thereafter | Debt repayments | | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | — |
| | $ | 450.0 |
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