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STOCKHOLDERS' EQUITY
 6 Months Ended
Nov. 26, 2017
Equity [Abstract]  
STOCKHOLDERS' EQUITY
STOCKHOLDERS' EQUITY
The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six weeks ended November 26, 2017:
 
Conagra Brands, Inc. Stockholders' Equity
 
 
 
 
 
Common
Shares
 
Common
Stock
 
Additional
Paid-in
Capital
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Treasury
Stock
 
Noncontrolling
Interests
 
Total
Equity
Balance at May 28, 2017
567.9

 
$
2,839.7

 
$
1,171.9

 
$
4,247.0

 
$
(212.9
)
 
$
(4,054.9
)
 
$
87.0

 
$
4,077.8

Stock option and incentive plans
 
 
 
 
(5.1
)
 
0.2

 
 
 
27.0

 
 
 
22.1

Spinoff of Lamb Weston
 
 
 
 
 
 
15.5

 
 
 
 
 
 
 
15.5

Currency translation adjustment, net
 
 
 
 
 
 
 
 
19.9

 
 
 


 
19.9

Repurchase of common shares
 
 
 
 
 
 
 
 
 
 
(580.0
)
 
 
 
(580.0
)
Unrealized gain on securities
 
 
 
 
 
 
 
 
0.4

 
 
 
 
 
0.4

Derivative adjustment, net
 
 
 
 
 
 
 
 
0.7

 
 
 
 
 
0.7

Activities of noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
1.8

 
1.8

Pension and postretirement healthcare benefits
 
 
 
 
 
 
 
 
26.7

 
 
 
 
 
26.7

Dividends declared on common stock; $0.425 per share
 
 
 
 
 
 
(174.4
)
 
 
 
 
 
 
 
(174.4
)
Net income attributable to Conagra Brands, Inc.
 
 
 
 
 
 
376.0

 
 
 
 
 
 
 
376.0

Balance at November 26, 2017
567.9

 
$
2,839.7

 
$
1,166.8

 
$
4,464.3

 
$
(165.2
)
 
$
(4,607.9
)
 
$
88.8

 
$
3,786.5


On November 9, 2016, we completed the Spinoff of the Lamb Weston business. During the first half of fiscal 2018, the income tax basis of certain Lamb Weston assets and liabilities were finalized. The adjustment to Retained Earnings was recorded to reflect the adjustment to deferred income taxes.