| Schedule of Property, Plant and Equipment |
The components of property, plant and equipment were as follows: | | | | | | | | | | | | | | | | (in millions) | | May 31, 2026 | | May 25, 2025 | | Land and land improvements | | $ | 221.2 | | | $ | 191.6 | | | Buildings, machinery and equipment | | 5,689.0 | | | 5,136.3 | | | Furniture, fixtures, office equipment and other | | 144.0 | | | 161.9 | | | Construction in progress | | 327.3 | | | 551.7 | | | Property, plant and equipment, at cost | | 6,381.5 | | | 6,041.5 | | | Less accumulated depreciation | | (2,691.5) | | | (2,353.6) | | | Property, plant and equipment, net | | $ | 3,690.0 | | | $ | 3,687.9 | |
Depreciation is computed on a straight-line basis over the estimated useful lives of the respective classes of assets as follows: | | | | | | | | | | Land improvements | | 1-20 years | | Buildings and building improvements | | 10-40 years | | Machinery and equipment | | 5-20 years | | Furniture, fixtures, office equipment, and other | | 3-15 years |
Below is a breakout between Cost of sales (“COS”) and Selling, general and administrative expenses (“SG&A”) for depreciation and total amortization for fiscal 2026, 2025, and 2024 : | | | | | | | | | | | | | | | | | | | | | | (in millions) | | May 31, 2026 | | May 25, 2025 | | May 26, 2024 | | Depreciation - COS | | $ | 341.7 | | | $ | 323.7 | | | $ | 266.1 | | | Depreciation - SG&A | | 13.7 | | | 15.0 | | | 12.1 | | | | $ | 355.4 | | | $ | 338.7 | | | $ | 278.2 | | | | | | | | | | | | | | | | | | | | | | | | Amortization | | $ | 36.4 | | | $ | 31.4 | | | $ | 19.6 | |
|