Goodwill and Other Intangible Assets (Tables)

12 Months Ended

May 31, 2021

The changes in the carrying amount of goodwill, by reportable segment, for the years ended May 31, 2021 and 2020, are as follows:

	CPG			PCG			Consumer			SPG
(In thousands)	Segment			Segment			Segment			Segment			Total
Balance as of June 1, 2019	$	407,429		$	185,259		$	499,387		$	153,687		$	1,245,762
Acquisitions		14,689			3,023			-			10,352			28,064
Translation adjustments & other (1)		(16,764	)		(2,878	)		(3,169	)		(949	)		(23,760	)
Balance as of May 31, 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

(1)	Activity includes a $2.3 million decrease to goodwill within our Consumer segment related to adjustments to preliminary purchase price allocations, primarily due to deferred tax adjustments.

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, 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
As of May 31, 2020
Amortized intangible assets
Formulae	9 to 33	$	230,621	$	(160,771	)	$	69,850
Customer-related intangibles	5 to 33		439,153		(197,752	)		241,401
Trademarks/names	5 to 40		30,700		(17,224	)		13,476
Other	1 to 33		32,224		(23,281	)		8,943
Total Amortized Intangibles			732,698		(399,028	)		333,670
Indefinite-lived intangible assets
Trademarks/names			250,710		-			250,710
Total Other Intangible Assets		$	983,408	$	(399,028	)	$	584,380