Property and Equipment

12 Months Ended

May 31, 2023

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

Cintas' property and equipment is summarized as follows at May 31:

(In thousands)	2023		2022
Land	$	190,707	$	191,878
Buildings and improvements	714,376		699,430
Equipment	2,699,728		2,548,796
Leasehold improvements	44,897		43,426
Construction in progress	109,037		52,062
	3,758,745		3,535,592
Accumulated depreciation	(2,362,269)		(2,211,919)
Property and equipment, net	$	1,396,476	$	1,323,673

Cintas capitalizes certain expenditures for software that are purchased or internally developed for use in business. Included in equipment at May 31, 2023 and 2022, were $308.5 million and $293.9 million, respectively, of internal use software. Amortization of internal use software begins when the software is ready for service and continues on the straight-line method over the estimated useful life, generally 10 years. Accumulated amortization related to internal use software was $202.0 million and $177.6 million at May 31, 2023 and 2022, respectively. We recorded amortization expense related to internal use software of $24.5 million, $23.5 million and $22.3 million for the fiscal years ended May 31, 2023, 2022 and 2021, respectively. These expenses are classified in selling and administrative expenses on the consolidated statements of income.