Schedule II Valuation and Qualifying Accounts and Reserves

12 Months Ended

May 31, 2023

Schedule II

Valuation and Qualifying Accounts and Reserves


							(Amounts in millions)
							Years ended May 31,
	Balance at Beginning of Year		Expensed		Write-Offs and Other			Balance at End of Year
2023
Allowance for credit losses	$	25.9	$	3.3	$	12.5		$	16.7
Returns liability		42.2		60.2		67.5	(1)		34.9
Reserves for obsolescence		106.6		26.5		32.2			100.9
Reserve for royalty advances		76.0		4.2		1.1			79.1
2022
Allowance for credit losses	$	21.4	$	15.2	$	10.7		$	25.9
Returns liability		45.2		58.8		61.8	(1)		42.2
Reserves for obsolescence		99.6		27.7		20.7			106.6
Reserve for royalty advances		115.5		4.1		43.6	(2)		76.0
2021
Allowance for credit losses	$	19.9	$	5.2	$	3.7		$	21.4
Returns liability		43.5		66.0		64.3	(1)		45.2
Reserves for obsolescence		91.1		36.6		28.1			99.6
Reserve for royalty advances		109.5		5.4		(0.6)			115.5

(1)Represents actual returns charged to the reserve.

(2)Primarily represents write-offs for fully reserved advances.