XML 19 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
May 27, 2018
May 28, 2017
Current assets    
Cash and cash equivalents $ 128.0 $ 251.4
Receivables, less allowance for doubtful accounts of $2.0 and $3.1 582.6 563.4
Inventories 997.1 927.9
Prepaid expenses and other current assets 186.8 228.7
Total current assets 1,938.9 2,013.2
Property, plant and equipment    
Land and land improvements 108.6 103.2
Buildings, machinery and equipment 3,238.8 3,140.9
Furniture, fixtures, office equipment and other 628.9 724.2
Construction in progress 85.9 124.9
Property, plant and equipment 4,062.2 4,093.2
Less accumulated depreciation (2,442.1) (2,460.1)
Property, plant and equipment, net 1,620.1 1,633.1
Goodwill 4,502.5 4,295.3
Brands, trademarks and other intangibles, net 1,284.5 1,223.7
Other assets 906.3 790.6
Total assets 10,389.5 10,096.3
Current liabilities    
Notes payable 277.3 28.2
Current installments of long-term debt 307.0 199.0
Accounts payable 915.1 773.1
Accrued payroll 163.9 167.6
Other accrued liabilities 672.9 552.6
Total current liabilities 2,336.2 1,720.5
Senior long-term debt, excluding current installments 3,035.6 2,573.3
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,065.2 1,528.8
Total liabilities 6,632.9 6,018.5
Commitments and contingencies (Note 17)
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 1,180.0 1,171.9
Retained earnings 4,744.9 4,247.0
Accumulated other comprehensive loss (110.5) (212.9)
Less treasury stock, at cost, 177,078,193 and 151,387,209 common shares (4,977.9) (4,054.9)
Total Conagra Brands, Inc. common stockholders' equity 3,676.2 3,990.8
Noncontrolling interests 80.4 87.0
Total stockholders' equity 3,756.6 4,077.8
Total liabilities and stockholders' equity 10,389.5 10,096.3
Held for sale    
Current assets    
Current assets 44.4 41.8
Property, plant and equipment    
Noncurrent assets held for sale $ 137.2 $ 140.4