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PROPERTY, PLANT AND EQUIPMENT
3 Months Ended
Aug. 26, 2018
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

7.    PROPERTY, PLANT AND EQUIPMENT

 

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

 

 

 

 

 

 

 

 

 

    

August 26,

 

May 27,

 

 

2018

    

2018

Land and land improvements

 

$

140.0

 

$

139.8

Buildings, machinery, and equipment

 

 

2,246.4

 

 

2,212.6

Furniture, fixtures, office equipment, and other

 

 

103.6

 

 

101.0

Construction in progress

 

 

171.9

 

 

127.9

Property, plant and equipment, at cost

 

 

2,661.9

 

 

2,581.3

Less accumulated depreciation

 

 

(1,194.0)

 

 

(1,160.5)

Property, plant and equipment, net

 

$

1,467.9

 

$

1,420.8

 

Depreciation expense was $36.8 million and $29.3 million for the thirteen weeks ended August 26, 2018 and August 27, 2017. At August 26, 2018 and May 27, 2018, purchases of property, plant and equipment included in accounts payable were $29.2 million and $27.9 million, respectively.

 

The amounts of interest capitalized in construction in progress for the thirteen weeks ended August 26, 2018 and August 27, 2017, were $1.4 million and $2.3 million, respectively.