v3.26.1
Property, Plant and Equipment
 12 Months Ended
May 31, 2026
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment PROPERTY, PLANT AND EQUIPMENT
The following table summarizes the major classes of assets at cost and accumulated depreciation for the fiscal years ended May 31:
20262025
Land$5.7    $81.4 
Buildings19.1    233.3 
Capitalized software289.9    273.8 
Furniture, fixtures and equipment230.2    244.5 
Building and leasehold improvements25.3    239.6 
Construction in progress37.6 30.8 
Total at cost$607.8    $1,103.4 
Less: Accumulated depreciation and amortization(406.2)(587.1)
Property, plant and equipment, net$201.6    $516.3 

During fiscal 2026, the Company sold the building and land associated with its headquarters in New York City and its primary distribution facility in Jefferson City, Missouri. Refer to Note 4, "Sale and Leaseback Transactions", for further details.

Included in Other assets and deferred charges20262025
Capitalized cloud computing arrangements, net$49.8    $51.4 

Depreciation and amortization expense related to property, plant, and equipment was $47.5, $54.5 and $54.5 for the fiscal years ended May 31, 2026, 2025 and 2024, respectively. Amortization expense related to cloud computing arrangements was $10.4, $9.9 and $7.4 for the fiscal years ended May 31, 2026, 2025 and 2024, respectively.