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Impairment and Disposal of Assets, Net
9 Months Ended
Feb. 26, 2017
Asset Impairment Charges [Abstract]  
Impairment and Disposal of Assets, Net
Impairments and Disposal of Assets, Net
Impairments and disposal of assets, net, in our accompanying consolidated statements of earnings are comprised of the following:
 
Three Months Ended
 
Nine Months Ended
(in millions)
February 26, 2017
 
February 28, 2016
 
February 26, 2017
 
February 28, 2016
Restaurant impairments
$

 
$

 
$

 
$
9.2

Disposal gains
(1.4
)
 
(2.1
)
 
(10.4
)
 
(5.3
)
Other
0.7

 

 
2.0

 

Impairments and disposal of assets, net
$
(0.7
)
 
$
(2.1
)
 
$
(8.4
)
 
$
3.9


Restaurant impairments for the nine months ended February 28, 2016 were primarily related to underperforming restaurants and restaurant assets involved in individual sale-leaseback transactions.
Disposal gains for the quarter and nine months ended February 26, 2017 were primarily related to the sale of restaurant properties, favorable lease terminations and the sale of excess land parcels. For the quarter and nine months ended February 28, 2016, disposal gains were primarily related to the sale of land parcels and sale-leaseback transactions.
Other impairment charges for the quarter ended February 26, 2017 were not material. During the nine months ended February 26, 2017, other impairment charges primarily relate to a cost-method investment, which has no remaining carrying value.
Impairment charges were measured based on the amount by which the carrying amount of these assets exceeded their fair value. Fair value is generally determined based on appraisals or sales prices of comparable assets and estimates of future cash flows. These amounts are included in impairments and disposal of assets, net, as a component of earnings from continuing operations in the accompanying consolidated statements of earnings.