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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 25, 2018
May 28, 2017
Current assets    
Cash and cash equivalents $ 132.9 $ 251.4
Receivables, less allowance for doubtful accounts of $3.4 and $3.1 603.4 563.4
Inventories 1,016.7 927.9
Prepaid expenses and other current assets 253.3 228.7
Current assets held for sale 51.8 41.8
Total current assets 2,058.1 2,013.2
Property, plant and equipment 4,116.8 4,162.9
Less accumulated depreciation (2,489.5) (2,515.2)
Property, plant and equipment, net 1,627.3 1,647.7
Goodwill 4,506.7 4,295.3
Brands, trademarks and other intangibles, net 1,300.4 1,223.7
Other assets 853.6 790.6
Noncurrent assets held for sale 117.1 125.8
Total assets 10,463.2 10,096.3
Current liabilities    
Notes payable 352.3 28.2
Current installments of long-term debt 77.3 199.0
Accounts payable 869.6 773.1
Accrued payroll 141.0 167.6
Other accrued liabilities 550.5 552.6
Total current liabilities 1,990.7 1,720.5
Senior long-term debt, excluding current installments 3,037.0 2,573.3
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,430.1 1,528.8
Total liabilities 6,653.7 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 1,173.7 1,171.9
Retained earnings 4,758.8 4,247.0
Accumulated other comprehensive loss (175.5) (212.9)
Less treasury stock, at cost, 174,387,561 and 151,387,209 common shares (4,876.2) (4,054.9)
Total Conagra Brands, Inc. common stockholders' equity 3,720.5 3,990.8
Noncontrolling interests 89.0 87.0
Total stockholders' equity 3,809.5 4,077.8
Total liabilities and stockholders' equity $ 10,463.2 $ 10,096.3