Annual report pursuant to Section 13 and 15(d)

Other Income/(Expense), Net

v3.23.2
Other Income/(Expense), Net
 12 Months Ended
May 31, 2023
Other Income and Expenses [Abstract]  
Other Income/(Expense), Net

Note D — Other Income/(Expense), Net

 

Other income/(expense), net, consisted of the following items:

 

 

 

Year ended May 31,

 

In millions

 

2023

 

 

2022

 

 

2021

 

Interest income on corporate investments

 

$

 

49.1

 

 

$

 

2.9

 

 

$

 

2.3

 

Interest expense

 

 

 

(36.7

)

 

 

 

(36.6

)

 

 

 

(35.8

)

Other

 

 

 

2.7

 

 

 

 

18.3

 

 

 

 

7.0

 

Other income/(expense), net

 

$

 

15.1

 

 

$

 

(15.4

)

 

$

 

(26.5

)