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Property, Plant and Equipment
12 Months Ended
May 31, 2022
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment PROPERTY, PLANT AND EQUIPMENT
The following table summarizes the major classes of assets at cost and accumulated depreciation for the fiscal years ended May 31:
20222021
Land$79.6    $81.4 
Buildings232.5    244.8 
Capitalized software243.6    217.9 
Furniture, fixtures and equipment206.5    209.4 
Building and leasehold improvements214.9    214.4 
Construction in progress33.9 43.3 
Total at cost$1,011.0    $1,011.2 
Less: Accumulated depreciation and amortization(494.0)(454.3)
Property, plant and equipment, net$517.0    $556.9 

Included in Other assets and deferred charges20222021
Capitalized Cloud Computing Arrangements$32.3    $15.8 

Depreciation and amortization expense related to property, plant, and equipment was $54.8, $58.3 and $58.3 for the fiscal years ended May 31, 2022, 2021 and 2020, respectively. Amortization expense related to cloud computing arrangements was $3.9, $0.7 and less than $0.1 for the fiscal years ended May 31, 2022, 2021 and 2020, respectively.

In fiscal 2021, the Company recognized a pretax impairment charge of $1.5 related to its plan to cease use of certain leased office space in New York City and consolidate into its company-owned New York headquarters building. Refer to Note 4, "Asset Write Down", for further discussion regarding the impairment.
In fiscal 2020, the Company recognized a pretax impairment charge of $0.6 related to an outdated technology platform in Canada. These amounts are included in Asset impairments and write downs within the Company's Consolidated Statement of Operations.

The following table presents long-lived assets and related additions by reportable segment for the fiscal years ended May 31:

Additions
Long-lived assets (1)
2022202120222021
Children's Book Publishing and Distribution$5.7 $6.0 $32.3 $44.2 
Education Solutions0.5 2.6 2.7 6.8 
International3.9 3.4 25.0 29.4 
Overhead (2)
4.3 10.4 396.7 417.1 
Total (3)
$14.4 $22.4 $456.7 $497.5 
(1) Long-lived assets consist of property, plant and equipment, net, excluding capitalized software.
(2) Overhead includes all domestic corporate amounts not allocated to segments, including expenses and costs related to the management of corporate assets.
(3) Long-lived assets held in the United States were $431.3 and $467.8 as of May 31, 2022 and 2021, respectively. Long-lived assets held outside the United States were $25.4 and $29.7 as of May 31, 2022 and 2021, respectively.
Sale of Long-Lived Assets

During the fourth quarter of fiscal 2022, the Company sold the UK distribution center located in Witney to consolidate the operations into a new facility in Warwickshire. The long-lived assets related to the Witney facility, which consisted of building and building improvements, were included in the International segment. These assets had a carrying value of $2.1 and were classified as held for sale as of the third quarter of fiscal 2020. The net proceeds from the sale were $5.6 and the Company recognized a gain on sale of $3.5. This amount is included within Gain (loss) on sale of assets and other within the Company's Consolidated Statements of Operations.

During the second quarter of fiscal 2022, the Company sold a facility, which included office and warehouse space, located in Lake Mary, Florida as part of an initiative to rightsize its real estate footprint to reduce occupancy costs. The long-lived assets, which consisted of land, building, building improvements, furniture and fixtures, were included in the Children's Book Publishing and Distribution segment. These assets had a carrying value of $4.2 and were classified as held for sale as of the third quarter of fiscal 2021. The net proceeds from the sale were $10.4 and the Company recognized a gain on sale of $6.2. This amount is included within Gain (loss) on sale of assets and other within the Company's Consolidated Statements of Operations.

During the third quarter of fiscal 2021, the Company sold the UK distribution center located in Southam. The long-lived assets related to the Southam facility, which consisted of land, building and building improvements, were included in the International segment. The assets had a carrying value of $1.3 and were classified as held for sale as of the fiscal year ended May 31, 2020. The net proceeds from the sale were $5.1 and the Company recognized a gain on sale of $3.8. This amount is included within Gain (loss) on sale of assets and other within the Company's Consolidated Statements of Operations.

During the first quarter of fiscal 2021, the company-owned facility located in Danbury, Connecticut was sold and the Company relocated the book fairs warehousing and distribution operations conducted in Danbury to a leased warehouse in Easton, Pennsylvania. The long-lived assets related to the Danbury facility, which consisted of land, building, and building improvements, were included in the Overhead segment. These assets had a carrying value of $5.7 and were classified as held for sale as of the fiscal year ended May 31, 2020. The net proceeds from the sale were $12.3 and the Company recognized a gain on sale of $6.6. This amount is included within Gain (loss) on sale of assets and other within the Company's Consolidated Statements of Operations.