Land, Buildings And Equipment, Net

12 Months Ended

May 27, 2012

Property, Plant and Equipment, Net [Abstract]

LAND, BUILDINGS AND EQUIPMENT, NET

The components of land, buildings and equipment, net, are as follows:



(in millions)	May 27, 2012			May 29, 2011
Land	$	854.1		$	799.6
Buildings	3,959.7			3,633.1
Equipment	1,701.2			1,511.3
Assets under capital leases	68.1			67.7
Construction in progress	142.5			155.7
Total land, buildings and equipment	$	6,725.6		$	6,167.4
Less accumulated depreciation and amortization	(2,758.3		)	(2,533.0		)
Less amortization associated with assets under capital leases	(16.0		)	(12.4		)
Land, buildings and equipment, net	$	3,951.3		$	3,622.0

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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