Annual report pursuant to Section 13 and 15(d)

Commitments and Contingencies (Tables)

v2.4.0.8
Commitments and Contingencies (Tables)
12 Months Ended
May 31, 2013
Commitments and Contingencies Disclosure [Abstract]  
Lines of credit facility unused borrowing capacity
As of May 31, 2013, the Company had unused borrowing capacity available under four uncommitted, secured, short-term lines of credit at market rates of interest with financial institutions as follows:
 
 
 
Financial institution
Amount available
Expiration date
JP Morgan Chase Bank, N.A.
$350 million
February 28, 2014
Bank of America, N.A.
$250 million
February 28, 2014
PNC Bank, National Association
$150 million
February 28, 2014
Wells Fargo Bank, National Association
$150 million
February 28, 2014
Summary of future minimum lease payments under various non-cancelable operating leases
As of May 31, 2013, future minimum lease payments under various non-cancelable operating leases with terms of more than one year are as follows:
In millions
Year ending May 31,
Minimum lease payments
2014
$
36.9

2015
33.1

2016
24.9

2017
19.5

2018
13.4

Thereafter
15.6

Summary of minimum future payment obligations
These minimum future payment obligations relate to the following fiscal years:
In millions
Year ending May 31,
Minimum payment obligation
2014
$
59.1

2015
21.2

2016
7.0

2017
1.3

2018
0.1

Thereafter
0.4