Company: LW
Filing Date: 2025-04-03
Form Type: 10-Q
Source: 0001679273-25-000026
Chunk: 66

Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-04-03
Form: 10-Q
Item: Part I, Item 8
Chunk 66
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:February 23, 2025May 26, 2024(in millions, except useful lives)Weighted Average Useful Life (in years)Gross Carrying AmountAccumulated AmortizationIntangibleAssets, NetWeighted Average Useful Life (in years)Gross Carrying AmountAccumulated AmortizationIntangibleAssets, NetNon-amortizing intangible assets (a)n/a$18.0 $— $18.0 n/a$18.0 $— $18.0 Amortizing intangible assets (b)14123.1 (41.7)81.4 13123.6 (36.7)86.9 $141.1 $(41.7)$99.4 $141.6 $(36.7)$104.9 ___________________________________________(a)Non-amortizing intangible assets represent brands and trademarks. (b)Amortizing intangible assets are principally composed of licensing agreements, brands, and customer relationships. Foreign intangible assets are affected by foreign currency translation.

8. OTHER ASSETS 

The components of other assets were as follows:(in millions)February 23,2025May 26,2024Capitalized software costs$212.2 $227.9 Property, plant and equipment deposits74.4 52.6 Equity method investments49.2 59.2 Other66.3 56.7 Other assets$402.1 $396.4 

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Table of Contents9. ACCRUED LIABILITIESThe components of accrued liabilities were as follows:(in millions)February 23,2025May 26,2024Compensation and benefits$108.0 $72.8 Accrued trade promotions68.8 90.0 Dividends payable to shareholders52.2 51.7 Plant utilities and accruals36.6 23.9 Taxes payable35.4 24.8 Accrued interest26.4 31.7 Current portion of operating lease obligations23.7 29.3 Derivative liabilities and payables13.2 24.6 Other27.6 58.8 Accrued liabilities$391.9 $407.6 13

10. DEBT AND FINANCING OBLIGATIONS

The components of our debt, including financing obligations