Schedule II – Lamb Weston – Valuation and Qualifying Accounts
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| | | | Additions | | | | | | |
| | | | | Charged | | | | | | |
| | Balance | | to Costs, | | Deductions | | Balance |
| | Beginning of | | Expenses | | from | | End of |
(in millions) | | Year | | and Equity | | Reserves | | Year |
Year ended May 29, 2022 | | | | | | | | | | | | |
Deferred tax asset valuation allowance | | $ | 53.1 | | $ | — | | $ | 3.0 | | $ | 50.1 |
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Year ended May 30, 2021 | | | | | | | | | | | | |
Deferred tax asset valuation allowance | | $ | 54.5 | | $ | — | | $ | 1.4 | | $ | 53.1 |
| | | | | | | | | | | | |
Year ended May 31, 2020 | | | | | | | | | | | | |
Deferred tax asset valuation allowance | | $ | 64.6 | | $ | — | | $ | 10.1 | | $ | 54.5 |