Lamb Weston BSW is a variable interest entity, and we have determined that we are the primary beneficiary of the entity. We consolidate the financial statements of Lamb Weston BSW. The amounts presented for Lamb Weston BSW in the table below exclude intercompany balances eliminated in consolidation and include the non-controlling interest at redemption value as reported in our Condensed Consolidated Balance Sheets (dollars in millions):


	August 27,		May 28,
	2017		2017
Cash and equivalents	$	11.9	$	10.9
Receivables, less allowance for doubtful accounts (a)		0.2		0.1
Inventories		1.7		1.9
Prepaid expenses and other current assets		0.2		0.4
Property, plant and equipment, net		48.8		49.4
Goodwill		18.8		18.8
Intangible assets, net		4.3		4.5
Total assets	$	85.9	$	86.0
Current portion of long-term debt	$	1.6	$	1.5
Accounts payable		14.6		11.6
Accrued liabilities		1.6		2.0
Long-term debt, excluding current portion		27.2		28.0
Total liabilities	$	45.0	$	43.1
Redeemable noncontrolling interest (b)	$	54.1	$	50.7

(a)

As of August 27, 2017 and May 28, 2017, affiliate receivables of $31.0 million and $24.0 million, respectively, are not included above as they are eliminated in consolidation.

(b)

Represents the amount that our joint venture partner, Ochoa, had the right to put its equity interest to Lamb Weston on August 27, 2017 and May 28, 2017.