XML 25 R13.htm IDEA: XBRL DOCUMENT v3.24.1
PROPERTY, PLANT AND EQUIPMENT
 9 Months Ended
Feb. 25, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT PROPERTY, PLANT AND EQUIPMENT
The components of property, plant and equipment were as follows:
(in millions)February 25,
2024		May 28,
2023
Land and land improvements$168.7 $163.2 
Buildings, machinery and equipment4,001.4 3,576.6 
Furniture, fixtures, office equipment and other 120.2 112.0 
Construction in progress1,188.4 832.0 
Property, plant and equipment, at cost5,478.7 4,683.8 
Less accumulated depreciation(2,072.3)(1,875.8)
Property, plant and equipment, net$3,406.4 $2,808.0 
Depreciation expense was $70.8 million and $48.8 million for the thirteen weeks ended February 25, 2024 and February 26, 2023, respectively; and $203.2 million and $145.8 million for the thirty-nine weeks ended February 25, 2024 and February 26, 2023, respectively. At February 25, 2024 and May 28, 2023, purchases of property, plant and equipment included in accounts payable were $156.9 million and $82.6 million, respectively.
Interest capitalized within construction in progress for the thirteen weeks ended February 25, 2024 and February 26, 2023, was $13.8 million and $5.8 million, respectively; and $37.3 million and $11.9 million for the thirty-nine weeks ended February 25, 2024 and February 26, 2023, respectively.