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Supplemental Cash Flow Information
9 Months Ended
Feb. 28, 2016
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Information
Supplemental Cash Flow Information
Cash paid for interest and income taxes are as follows:
 
Nine Months Ended
(in millions)
 
February 28, 2016
 
February 22, 2015
Interest paid, net of amounts capitalized
 
$
123.8

 
$
107.9

Income taxes paid, net of refunds
 
105.8

 
203.7


For the nine months ended February 28, 2016, interest paid includes payments of $68.7 million associated with the retirement of long-term debt (see Note 16 - Long-Term Debt for further information) in addition to $6.3 million of interest accrued through the date of retirement. For the nine months ended February 22, 2015, interest paid includes payments of $44.0 million associated with the retirement of long-term debt in addition to $12.8 million of interest accrued through the date of the retirement. For the nine months ended February 22, 2015, income taxes paid includes tax payments associated with the gain on the sale of Red Lobster.
Non-cash investing and financing activities are as follows:
 
Nine Months Ended
(in millions)
 
February 28, 2016
 
February 22, 2015
Increase in land, buildings and equipment through accrued purchases
 
$
14.1

 
$
18.9

Net book value of assets distributed in Four Corners separation, net of deferred tax liabilities
 
750.4