Company: LW
Filing Date: 2025-09-30
Form Type: 10-Q
Source: 0001679273-25-000070
Chunk: 52

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-09-30
Form: 10-Q
Item: Part I, Item 8
Chunk 52
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,318.4 million of available liquidity under our committed revolving credit facility.For the thirteen weeks ended August 24, 2025 and August 25, 2024, we paid $62.3 million and $56.7 million of interest on debt, respectively.

For more information about our debt and financing obligations, interest rates, and debt covenants, see Note 8, Debt and Financing Obligations, of the Notes to Consolidated Financial Statements in “Part II, Item 8. Financial Statements and Supplementary Data” of the Form 10-K.

13

11. FAIR VALUE MEASUREMENTS 

The fair values of cash equivalents, receivables, accounts payable, and short-term debt approximate their carrying amounts due to their short duration.The following table presents our financial assets and liabilities measured at fair value on a recurring basis based upon the level within the fair value hierarchy in which the fair value measurements fall:As of August 24, 2025(in millions)Level 1Level 2Level 3Fair Valueof Assets(Liabilities)Derivative assets (a)$— $16.2 $— $16.2 Derivative liabilities (a)— (6.4)— (6.4)Deferred compensation liabilities (b)— (29.5)— (29.5)Fair value, net$— $(19.7)$— $(19.7)As of May 25, 2025(in millions)Level 1Level 2Level 3Fair Valueof Assets(Liabilities)Derivative assets (a)$— $10.2 $— $10.2 Derivative liabilities (a)— (7.0)— (7.0)Deferred compensation liabilities (b)— (27.0)— (27.0)Fair value, net$— $(23.8)$— $(23.8)___________________________________________(a)Derivative assets and liabilities included in Level 2 primarily represent commodity swaps, option contracts, interest rate swap and currency contracts. The fair value of these derivatives were determined using valuation models that use market observable inputs including both forward and spot prices. Derivative assets are presented within “Prepaid expenses and other current assets” on our Consolidated Balance Sheets and derivative liabilities are presented within “Accrued liabilities” on our Consolidated Balance Sheets.(b)The fair values of our Level 2 deferred compensation liabilities were valued using third-party val