Significant Accounting Policies (Tables)

12 Months Ended

May 31, 2023

Accounting Policies [Abstract]

Inventory

Inventory is comprised of the following amounts at May 31:

(In thousands)	2023		2022
Raw materials	$	27,878	$	19,071
Work in process	56,384		34,280
Finished goods	422,342		418,799
	$	506,604	$	472,150

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)	2023		2022
Land	$	190,707	$	191,878
Buildings and improvements	714,376		699,430
Equipment	2,699,728		2,548,796
Leasehold improvements	44,897		43,426
Construction in progress	109,037		52,062
	3,758,745		3,535,592
Accumulated depreciation	(2,362,269)		(2,211,919)
Property and equipment, net	$	1,396,476	$	1,323,673

Current Accrued Liabilities

Current accrued liabilities consist of the following at May 31:

(In thousands)	2023		2022
Insurance reserve	182,046		$	163,958
Employee benefit related liabilities	167,095		146,237
Dividends	117,565		97,525
Accrued interest	15,151		15,448
Other	150,647		165,780
	$	632,504	$	588,948