v3.24.3
PROPERTY, PLANT AND EQUIPMENT (Tables)
3 Months Ended
Aug. 25, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
The components of property, plant and equipment were as follows:
(in millions)August 25,
2024
May 26,
2024
Land and land improvements$185.2 $186.2 
Buildings, machinery and equipment4,777.2 4,708.8 
Furniture, fixtures, office equipment and other 128.4 127.7 
Construction in progress813.4 688.2 
Property, plant and equipment, at cost5,904.2 5,710.9 
Less accumulated depreciation(2,212.4)(2,128.1)
Property, plant and equipment, net$3,691.8 $3,582.8 
Below is a breakdown of depreciation and amortization between cost of sales (“COS”) and selling, general and administrative expenses (“SG&A”).
(in millions)August 25,
2024
August 27,
2023
Depreciation - COS$78.5 $62.9 
Depreciation - SG&A3.4 3.0 
$81.9 $65.9 
Amortization - SG&A$7.4 $2.7