Schedule II Valuation and Qualifying Accounts and Reserves

12 Months Ended

May 31, 2022

Schedule II

Valuation and Qualifying Accounts and Reserves


							(Amounts in millions)
							Years ended May 31,
	Balance at Beginning of Year		Expensed		Write-Offs and Other			Balance at End of Year
2022
Allowance for credit losses	$	21.4	$	15.2	$	10.7		$	25.9
Returns liability		45.2		58.8		61.8	(1)		42.2
Reserves for obsolescence		99.6		27.7		20.7			106.6
Reserve for royalty advances		115.5		4.1		43.6	(2)		76.0
2021
Allowance for credit losses	$	19.9	$	5.2	$	3.7		$	21.4
Returns liability		43.5		66.0		64.3	(1)		45.2
Reserves for obsolescence		91.1		36.6		28.1			99.6
Reserve for royalty advances		109.5		5.4		(0.6)			115.5
2020
Allowance for credit losses	$	11.6	$	15.6	$	7.3		$	19.9
Returns liability		34.5		76.7		67.7	(1)		43.5
Reserves for obsolescence		72.9		34.3		16.1			91.1
Reserve for royalty advances		102.9		8.1		1.5			109.5

(1)Represents actual returns charged to the reserve.

(2)Primarily represents write-offs for fully reserved advances.