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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 26, 2017
May 28, 2017
Current assets    
Cash and cash equivalents $ 84.0 $ 251.4
Receivables, less allowance for doubtful accounts of $3.4 and $3.1 683.8 563.4
Inventories 1,059.2 934.2
Prepaid expenses and other current assets 183.5 228.7
Current assets held for sale 45.8 35.5
Total current assets 2,056.3 2,013.2
Property, plant and equipment 4,236.8 4,261.9
Less accumulated depreciation (2,594.8) (2,606.9)
Property, plant and equipment, net 1,642.0 1,655.0
Goodwill 4,457.0 4,301.1
Brands, trademarks and other intangibles, net 1,298.2 1,229.3
Other assets 846.1 790.6
Noncurrent assets held for sale 100.5 107.1
Total assets 10,400.1 10,096.3
Current liabilities    
Notes payable 67.1 28.2
Current installments of long-term debt 198.8 199.0
Accounts payable 886.7 773.1
Accrued payroll 131.9 167.6
Other accrued liabilities 565.8 552.6
Total current liabilities 1,850.3 1,720.5
Senior long-term debt, excluding current installments 3,065.9 2,573.3
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,501.5 1,528.8
Total liabilities 6,613.6 6,018.5
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 567,907,172 2,839.7 2,839.7
Additional paid-in capital 1,166.8 1,171.9
Retained earnings 4,464.3 4,247.0
Accumulated other comprehensive loss (165.2) (212.9)
Less treasury stock, at cost, 167,246,324 and 151,387,209 common shares (4,607.9) (4,054.9)
Total Conagra Brands, Inc. common stockholders' equity 3,697.7 3,990.8
Noncontrolling interests 88.8 87.0
Total stockholders' equity 3,786.5 4,077.8
Total liabilities and stockholders' equity $ 10,400.1 $ 10,096.3