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Investments
12 Months Ended
May 31, 2019
Investments [Abstract]  
Investments
Investments
Investments at May 31, 2019 of $192.3 million include the cash surrender value of insurance policies of $170.5 million, equity method investments of $18.6 million and cost method investments of $3.2 million. Investments at May 31, 2018 of $175.6 million include the cash surrender value of insurance policies of $154.0 million, equity method investments of $16.4 million and cost method investments of $5.2 million. Investments are evaluated for impairment on an annual basis or when indicators of impairment exist. For fiscal years 2019, 2018 and 2017, no losses due to impairment were recorded.

During fiscal 2019, Cintas sold a cost method investment to a third party. Proceeds from the sale were $73.3 million, which resulted in a pre-tax gain of $69.4 million.