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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 26, 2018
May 27, 2018
Current assets    
Cash and cash equivalents $ 74.8 $ 128.0
Receivables, less allowance for doubtful accounts of $1.7 and $2.0 599.2 582.6
Inventories 1,108.5 997.1
Prepaid expenses and other current assets 224.7 186.8
Current assets held for sale 39.3 44.4
Total current assets 2,046.5 1,938.9
Property, plant and equipment 4,111.8 4,062.2
Less accumulated depreciation (2,475.5) (2,442.1)
Property, plant and equipment, net 1,636.3 1,620.1
Goodwill 4,499.4 4,502.5
Brands, trademarks and other intangibles, net 1,275.2 1,284.5
Other assets 915.9 906.3
Noncurrent assets held for sale 111.7 137.2
Total assets 10,485.0 10,389.5
Current liabilities    
Notes payable 304.1 277.3
Current installments of long-term debt 307.5 307.0
Accounts payable 984.0 915.1
Accrued payroll 93.9 163.9
Other accrued liabilities 743.9 672.9
Total current liabilities 2,433.4 2,336.2
Senior long-term debt, excluding current installments 3,037.8 3,035.6
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,002.9 1,065.2
Total liabilities 6,670.0 6,632.9
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 1,165.6 1,180.0
Retained earnings 4,841.5 4,744.9
Accumulated other comprehensive loss (155.7) (110.5)
Less treasury stock, at cost, 176,167,229 and 177,078,193 common shares (4,954.6) (4,977.9)
Total Conagra Brands, Inc. common stockholders' equity 3,736.5 3,676.2
Noncontrolling interests 78.5 80.4
Total stockholders' equity 3,815.0 3,756.6
Total liabilities and stockholders' equity $ 10,485.0 $ 10,389.5