DISCONTINUED OPERATIONS AND OTHER DIVESTITURES (Tables)

12 Months Ended

May 27, 2018

Discontinued Operations and Disposal Groups [Abstract]

Summary of Comparative Financial Results

The summary comparative financial results of the Lamb Weston business through the date of the Spinoff, included within discontinued operations, were as follows:

	2018			2017		2016
Net sales	$	—		$	1,407.9	$	2,975.0
Income (loss) from discontinued operations before income taxes and equity method investment earnings	$	(0.3	)	$	172.3	$	474.8
Income (loss) before income taxes and equity method investment earnings	(0.3		)	172.3		474.8
Income tax expense (benefit)	(14.6		)	87.5		178.9
Equity method investment earnings	—			15.9		71.7
Income from discontinued operations, net of tax	14.3			100.7		367.6
Less: Net income attributable to noncontrolling interests	—			6.8		9.2
Net income from discontinued operations attributable to Conagra Brands, Inc.	$	14.3		$	93.9	$	358.4

The summary comparative financial results of the Private Brands business, included within discontinued operations, were as follows:

	2018			2017			2016
Net sales	$	—		$	—		$	2,490.6
Loss on sale of business	$	—		$	(1.6	)	$	—
Long-lived asset impairment charges	—			—			(1,923.0		)
Income from operations of discontinued operations before income taxes	0.4			3.9			168.0
Income (loss) before income taxes and equity method investment earnings	0.4			2.3			(1,755.0		)
Income tax expense (benefit)	0.5			(0.3		)	(593.1		)
Income (loss) from discontinued operations, net of tax	$	(0.1	)	$	2.6		$	(1,161.9	)

Schedule of Assets and Liabilities Classified as Held for Sale

The assets classified as held for sale reflected in our Consolidated Balance Sheets related to the Del Monte^® processed fruit and vegetable business in Canada were as follows:

	May 27, 2018		May 28, 2017
Current assets	$	6.1	$	6.3
Noncurrent assets (including goodwill of $5.8 million)	11.5		11.4

The assets classified as held for sale reflected in our Consolidated Balance Sheets related to the Wesson^® oil business were as follows:

	May 27, 2018		May 28, 2017
Current assets	$	37.7	$	35.5
Noncurrent assets (including goodwill of $74.5 million)	101.0		102.8