Company: LW
Filing Date: 2025-08-07
Form Type: ARS
Source: 0001679273-25-000063
Chunk: 124

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-08-07
Form: ARS
Chunk 124
---
38.5 $ 35.8 Short-term and variable lease costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.5 15.6 10.4 Sublease income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4.3) (4.7) (5.0) Finance lease costs: Amortization of lease assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.3 1.4 1.0 Interest on lease obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0.3 0.3 0.2 Total lease costs, net . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 47.0 $ 51.1 $ 42.4 _____________________________________________________ (a) Supply-chain-related lease costs are included in “Cost of sales,” and the remainder is recorded in “Selling, general and administrative expenses,” in our Consolidated Statements of Earnings. Interest on finance lease obligations is included in “Interest expense, net,” in our Consolidated Statements of Earnings. 63

Operating and finance leases, with initial terms greater than one year, were as follows: (in millions, except for lease term and discount rate amounts) Classification May 25, 2025 May 26, 2024 Assets: Operating lease assets . . . . . . . . . . . . . . . . . . . . . . . . Operating lease assets $ 113.2 $ 133.0 Finance lease assets . . . . . . . . . . . . . . . . . . . . . . . . . . Property, plant and equipment, net (a)