PROPERTY, PLANT AND EQUIPMENT (Tables)

3 Months Ended

Aug. 30, 2026

Property, Plant, and Equipment [Abstract]

Schedule of Property, Plant and Equipment

The components of property, plant and equipment were as follows:


(in millions)	August 30, 2026		May 31, 2026
Land and land improvements	$	222.4	$	221.2
Buildings, machinery and equipment	5,746.7		5,689.0
Furniture, fixtures, office equipment and other	144.2		144.0
Construction in progress	282.0		327.3
Property, plant and equipment, at cost	6,395.3		6,381.5
Less accumulated depreciation	(2,776.4)		(2,691.5)
Property, plant and equipment, net	$	3,618.9	$	3,690.0

The table below presents a breakdown of depreciation and amortization between Cost of sales (“COS”) and selling, general and administrative expenses (“SG&A”) for the thirteen weeks ended August 30, 2026 and August 24, 2025.


	Thirteen Weeks Ended
(in millions)	August 30, 2026		August 24, 2025
Depreciation - COS (a)	$	85.8	$	82.8
Depreciation - SG&A	3.2		3.4
	$	89.0	$	86.2

Amortization	$	10.8	$	7.9

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(a)Depreciation - COS, as noted in the table above, does not include the amount of accelerated depreciation associated with the announced closure of our manufacturing facility in Broekhuizenvorst, the Netherlands. The facility is expected to operate and produce product through mid-second quarter fiscal 2027. See Note 4 Cost Savings Program and Restructuring for additional information on the closure.