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INVENTORIES
6 Months Ended
Nov. 27, 2016
INVENTORIES  
INVENTORIES

5.    INVENTORIES

 

We value our inventories using lower of cost, as determined by the first-in, first-out method, or market. The major classes of inventories were as follows (dollars in millions):

 

 

 

 

 

 

 

 

 

 

    

November 27,

    

May 29,

 

 

 

2016

 

2016

 

Raw materials and packaging

 

$

199.5

 

$

86.2

 

Finished goods

 

 

379.0

 

 

384.3

 

Supplies and other

 

 

37.4

 

 

28.4

 

Inventories

 

$

615.9

 

$

498.9