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STOCKHOLDERS' EQUITY
6 Months Ended
Nov. 25, 2018
Equity [Abstract]  
STOCKHOLDERS' EQUITY
STOCKHOLDERS' EQUITY
The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six weeks ended November 25, 2018:
 
Conagra Brands, Inc. Stockholders' Equity
 
 
 
 
 
Common
Shares
 
Common
Stock
 
Additional
Paid-in
Capital
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Treasury
Stock
 
Noncontrolling
Interests
 
Total
Equity
Balance at May 27, 2018
567.9

 
$
2,839.7

 
$
1,180.0

 
$
4,744.9

 
$
(110.5
)
 
$
(4,977.9
)
 
$
80.4

 
$
3,756.6

Stock option and incentive plans
 
 
 
 
(14.1
)
 
0.5

 
 
 
23.3

 
0.1

 
9.8

Adoption of ASU 2016-01
 
 
 
 
 
 
0.6

 
(0.6
)
 
 
 
 
 

Adoption of ASU 2014-09
 
 
 
 
 
 
0.5

 
 
 
 
 
 
 
0.5

Currency translation adjustment, net
 
 
 
 
 
 
 
 
(0.7
)
 
 
 
(2.3
)
 
(3.0
)
Derivative adjustment, net
 
 
 
 
 
 
 
 
(43.4
)
 
 
 
 
 
(43.4
)
Activities of noncontrolling interests
 
 
 
 
(0.3
)
 
 
 
 
 
 
 
0.3

 

Pension and postretirement healthcare benefits
 
 
 
 
 
 
 
 
(0.5
)
 
 
 
 
 
(0.5
)
Dividends declared on common stock; $0.2125 per share
 
 
 
 
 
 
(83.2
)
 
 
 
 
 
 
 
(83.2
)
Net income attributable to Conagra Brands, Inc.
 
 
 
 
 
 
178.2

 
 
 
 
 
 
 
178.2

Balance at August 26, 2018
567.9

 
$
2,839.7

 
$
1,165.6

 
$
4,841.5

 
$
(155.7
)
 
$
(4,954.6
)
 
$
78.5

 
$
3,815.0

Stock option and incentive plans
 
 
 
 
2.2

 
0.1

 
 
 
3.7

 
 
 
6.0

Currency translation adjustment, net
 
 
 
 
 
 
 
 
(14.8
)
 
 
 
(0.9
)
 
(15.7
)
Issuance of treasury shares
 
 
 
 
638.2

 
 
 
 
 
2,178.1

 
 
 
2,816.3

Issuance of common stock
16.3

 
81.5

 
474.2

 
 
 
 
 
 
 
 
 
555.7

Derivative adjustment, net
 
 
 
 
 
 
 
 
79.2

 
 
 
 
 
79.2

Activities of noncontrolling interests
 
 
 
 
0.6

 
 
 
 
 
 
 
1.6

 
2.2

Pension and postretirement healthcare benefits
 
 
 
 
 
 
 
 
(0.2
)
 
 
 
 
 
(0.2
)
Dividends declared on common stock; $0.2125 per share
 
 
 
 
 
 
(86.8
)
 
 
 
 
 
 
 
(86.8
)
Net income attributable to Conagra Brands, Inc.
 
 
 
 
 
 
131.6

 
 
 
 
 
 
 
131.6

Balance at November 25, 2018
584.2

 
$
2,921.2

 
$
2,280.8

 
$
4,886.4

 
$
(91.5
)
 
$
(2,772.8
)
 
$
79.2

 
$
7,303.3



The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six weeks ended November 26, 2017:
 
Conagra Brands, Inc. Stockholders' Equity
 
 
 
 
 
Common
Shares
 
Common
Stock
 
Additional
Paid-in
Capital
 
Retained
Earnings
 
Accumulated
Other
Comprehensive
Income (Loss)
 
Treasury
Stock
 
Noncontrolling
Interests
 
Total
Equity
Balance at May 28, 2017
567.9

 
$
2,839.7

 
$
1,171.9

 
$
4,247.0

 
$
(212.9
)
 
$
(4,054.9
)
 
$
87.0

 
$
4,077.8

Stock option and incentive plans
 
 
 
 
(12.0
)
 
0.4

 
 
 
17.7

 
 
 
6.1

Spinoff of Lamb Weston
 
 
 
 
 
 
1.0

 
 
 
 
 
 
 
1.0

Currency translation adjustment, net
 
 
 
 
 
 
 
 
31.5

 
 
 
1.0

 
32.5

Repurchase of common shares
 
 
 
 
 
 
 
 
 
 
(300.0
)
 
 
 
(300.0
)
Unrealized gain on securities
 
 
 
 
 
 
 
 
0.2

 
 
 
 
 
0.2

Activities of noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
0.8

 
0.8

Dividends declared on common stock; $0.2125 per share
 
 
 
 
 
 
(88.3
)
 
 
 
 
 
 
 
(88.3
)
Net income attributable to Conagra Brands, Inc.
 
 
 
 
 
 
152.5

 
 
 
 
 
 
 
152.5

Balance at August 27, 2017
567.9

 
$
2,839.7

 
$
1,159.9

 
$
4,312.6

 
$
(181.2
)
 
$
(4,337.2
)
 
$
88.8

 
$
3,882.6

Stock option and incentive plans
 
 
 
 
6.9

 
(0.2
)
 
 
 
9.3

 
 
 
16.0

Spinoff of Lamb Weston
 
 
 
 
 
 
14.5

 
 
 
 
 
 
 
14.5

Currency translation adjustment, net
 
 
 
 
 
 
 
 
(11.6
)
 
 
 
(1.0
)
 
(12.6
)
Repurchase of common shares
 
 
 
 
 
 
 
 
 
 
(280.0
)
 
 
 
(280.0
)
Unrealized gain on securities
 
 
 
 
 
 
 
 
0.2

 
 
 
 
 
0.2

Derivative adjustment, net
 
 
 
 
 
 
 
 
0.7

 
 
 
 
 
0.7

Activities of noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
 
1.0

 
1.0

Pension and postretirement healthcare benefits
 
 
 
 
 
 
 
 
26.7

 
 
 
 
 
26.7

Dividends declared on common stock; $0.2125 per share
 
 
 
 
 
 
(86.1
)
 
 
 
 
 
 
 
(86.1
)
Net income attributable to Conagra Brands, Inc.
 
 
 
 
 
 
223.5

 
 
 
 
 
 
 
223.5

Balance at November 26, 2017
567.9

 
$
2,839.7

 
$
1,166.8

 
$
4,464.3

 
$
(165.2
)
 
$
(4,607.9
)
 
$
88.8

 
$
3,786.5