Goodwill and Other Intangible Assets (Tables)

12 Months Ended

May 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill, by Reportable Segment

The changes in the carrying amount of goodwill, by reportable segment, for the years ended May 31, 2022 and 2021, are as follows:

	CPG			PCG			Consumer			SPG
(In thousands)	Segment			Segment			Segment			Segment			Total
Balance as of June 1, 2020	$	405,354		$	185,404		$	496,218		$	163,090		$	1,250,066
Acquisitions		2,295			16,174			20,126			2,134			40,729
Translation adjustments & other		35,866			5,460			8,886			4,747			54,959
Balance as of May 31, 2021		443,515			207,038			525,230			169,971			1,345,754
Acquisitions		24,539			5,342			-			866			30,747
Translation adjustments & other		(14,403	)		(10,565	)		(9,633	)		(4,032	)		(38,633	)
Balance as of May 31, 2022	$	453,651		$	201,815		$	515,597		$	166,805		$	1,337,868

Other Intangible Assets Major Classes

Other intangible assets consist of the following major classes:

		Gross					Net Other
	Amortization	Carrying		Accumulated			Intangible
(In thousands)	Period (In Years)	Amount		Amortization			Assets
As of May 31, 2022
Amortized intangible assets
Formulae	9 to 33	$	234,366	$	(181,983	)	$	52,383
Customer-related intangibles	5 to 33		508,143		(257,219	)		250,924
Trademarks/names	5 to 40		35,957		(21,588	)		14,369
Other	3 to 30		33,331		(26,831	)		6,500
Total Amortized Intangibles			811,797		(487,621	)		324,176
Indefinite-lived intangible assets
Trademarks/names			268,085		-			268,085
Total Other Intangible Assets		$	1,079,882	$	(487,621	)	$	592,261
As of May 31, 2021
Amortized intangible assets
Formulae	9 to 33	$	234,037	$	(172,989	)	$	61,048
Customer-related intangibles	5 to 33		505,710		(233,496	)		272,214
Trademarks/names	5 to 40		34,326		(20,575	)		13,751
Other	5 to 33		34,086		(25,707	)		8,379
Total Amortized Intangibles			808,159		(452,767	)		355,392
Indefinite-lived intangible assets
Trademarks/names			273,301		-			273,301
Total Other Intangible Assets		$	1,081,460	$	(452,767	)	$	628,693