SCHEDULE II Valuation and Qualifying Accounts

12 Months Ended

May 28, 2017

SCHEDULE II Valuation and Qualifying Accounts

SCHEDULE II Valuation and Qualifying Accounts

Schedule II – Lamb Weston - Valuation and Qualifying Accounts (dollars in millions).

			Additions
			Charged
	Balance		to Costs,			Deductions		Balance
	Beginning of		Expenses			from		End of
	Year		and Equity			Reserves		Year
Year ended May 28, 2017
Allowance for doubtful accounts	$	0.5	$	0.1		$	0.1	$	0.5
Deferred tax asset valuation allowance		12.3		86.1	(a)		—		98.4
Total	$	12.8	$	86.2		$	0.1	$	98.9
Year ended May 29, 2016
Allowance for doubtful accounts	$	0.8	$	0.5		$	0.8	$	0.5
Deferred tax asset valuation allowance		8.9		3.4			—		12.3
Total	$	9.7	$	3.9		$	0.8	$	12.8
Year ended May 31, 2015
Allowance for doubtful accounts	$	0.5	$	0.5		$	0.2	$	0.8
Deferred tax asset valuation allowance		3.9		5.0			—		8.9
Total	$	4.4	$	5.5		$	0.2	$	9.7

(a) Includes $83.3 million of additions charged to equity primarily the result of a step-up in tax basis of certain assets in connection with our Separation from Conagra. See Note 4, Income Taxes, of the Notes to Combined Consolidated Financial Statements in “Part II, Item 8. Financial Statements and Supplementary Data” of this Form 10 K.