Significant Accounting Policies (Tables)

12 Months Ended

May 31, 2022

Accounting Policies [Abstract]

Inventory

Inventory is comprised of the following amounts at May 31:

(In thousands)	2022		2021
Raw materials	$	19,071	$	15,109
Work in process	34,280		37,664
Finished goods	418,799		429,024
	$	472,150	$	481,797

Property and Equipment Estimated Useful Lives

Depreciation is calculated using the straight-line method primarily over the following estimated useful lives of the assets based on industry and Cintas specific experience:

	Years
Buildings	30 to 40
Building improvements	5 to 20
Equipment	3 to 10
Leasehold improvements	2 to 15

Cintas' property and equipment is summarized as follows at May 31:

(In thousands)	2022		2021
Land	$	191,878	$	190,711
Buildings and improvements	699,430		698,094
Equipment	2,548,796		2,409,785
Leasehold improvements	43,426		38,320
Construction in progress	52,062		36,749
	3,535,592		3,373,659
Accumulated depreciation	(2,211,919)		(2,055,221)
Property and equipment, net	$	1,323,673	$	1,318,438

Current Accrued Liabilities

Current accrued liabilities consist of the following at May 31:

(In thousands)	2022		2021
Insurance reserve	163,958		$	156,447
Employee benefit related liabilities	146,237		129,348
Dividends	97,525		79,135
Accrued interest	15,448		24,420
Other	165,780		129,560
	$	588,948	$	518,910