Investments

9 Months Ended

Feb. 28, 2022

Investments, Debt and Equity Securities [Abstract]

Investments

Investments

Cintas' investments are summarized as follows:

(In thousands)	February 28, 2022		May 31, 2021
Cash surrender value of insurance policies	$	254,245	$	252,061
Equity method investments	3,522		19,388
Cost method investments	2,163		3,167
Total investments	$	259,930	$	274,616

Investments are generally evaluated for impairment on an annual basis or when indicators of impairment exist. For the three and nine months ended February 28, 2022 and 2021, no impairment losses were recorded.

During the three months ended February 28, 2022, Cintas acquired the remaining interest of an equity method investment, and as a result, such investment is no longer accounted for as an equity method investment and is no longer included in the table above. See Note 10 entitled Acquisitions for more information.