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PROPERTY, PLANT AND EQUIPMENT
3 Months Ended
Aug. 27, 2017
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

6.    PROPERTY, PLANT AND EQUIPMENT

 

The components of property, plant, and equipment were as follows (dollars in millions):

 

 

 

 

 

 

 

 

 

    

August 27,

 

May 28,

 

 

2017

    

2017

Land and land improvements

 

$

138.6

 

$

139.8

Buildings, machinery, and equipment

 

 

2,134.6

 

 

1,917.7

Furniture, fixtures, office equipment, and other

 

 

62.9

 

 

62.6

Construction in progress

 

 

67.9

 

 

229.4

Property, plant and equipment, at cost

 

 

2,404.0

 

 

2,349.5

Less accumulated depreciation

 

 

(1,094.5)

 

 

(1,078.3)

Property, plant and equipment, net

 

$

1,309.5

 

$

1,271.2

 

Depreciation expense was $29.3 million and $24.7 million for the thirteen weeks ended August 27, 2017 and August 28, 2016, respectively. At August 27, 2017 and May 28, 2017, purchases of property, plant and equipment included in accounts payable were $14.1 million and $60.4 million, respectively.

 

The amounts of interest capitalized in construction in progress for the thirteen weeks ended August 27, 2017 and August 28, 2016, were $2.3 million and $0.7 million, respectively.