PROPERTY, PLANT AND EQUIPMENT

9 Months Ended

Feb. 23, 2020

PROPERTY, PLANT AND EQUIPMENT

PROPERTY, PLANT AND EQUIPMENT

5.    PROPERTY, PLANT AND EQUIPMENT

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

	February 23,		May 26,
	2020		2019
Land and land improvements (a)	$	107.2	$	142.2
Buildings, machinery, and equipment		2,657.8		2,542.3
Furniture, fixtures, office equipment, and other		107.1		105.2
Construction in progress		63.6		84.8
Property, plant and equipment, at cost		2,935.7		2,874.5
Less accumulated depreciation		(1,381.7)		(1,276.7)
Property, plant and equipment, net	$	1,554.0	$	1,597.8

(a) Effective May 27, 2019, we adopted ASC 842 and we eliminated $38.7 million of land, related to a sale leaseback, as part of the cumulative-effect adjustment. See Note 1, Nature of Operations and Summary of Significant Accounting Policies, for more information.

Depreciation expense was $44.2 million and $38.7 million for the thirteen weeks ended February 23, 2020 and February 24, 2019, respectively; and $130.7 million and $112.4 million for the thirty-nine weeks ended February 23, 2020 and February 24, 2019, respectively. At February 23, 2020 and May 26, 2019, purchases of property, plant and equipment included in accounts payable were $21.0 million and $27.1 million, respectively.

Interest capitalized within construction in progress for the thirteen weeks ended February 23, 2020 and February 24, 2019, was $0.7 million and $2.5 million, respectively; and $1.9 million and $6.0 million for the thirty-nine weeks ended February 23, 2020 and February 24, 2019, respectively.