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ACQUISITIONS (Tables)
6 Months Ended
Nov. 25, 2018
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes the allocation of the total purchase consideration to the initial estimated fair values of the assets acquired and liabilities assumed at the acquisition date.
 
October 26,
2018
Cash and cash equivalents
47.2

Receivables
204.1

Inventories
659.3

Prepaid expenses and other current assets
15.3

Property, plant and equipment
742.0

Goodwill
6,662.0

Brands, trademarks and other intangibles
3,875.1

Other assets
28.9

Current liabilities
(605.3
)
Senior long-term debt, excluding current installments
(2,671.3
)
Noncurrent deferred tax liabilities
(846.4
)
Other noncurrent liabilities
(76.0
)
Total assets acquired and liabilities assumed
$
8,034.9

Noncontrolling interests
$
1.0

Business Acquisition, Pro Forma Information
These unaudited pro forma results may not necessarily reflect the actual results of operations that would have been achieved, nor are they necessarily indicative of future results of operations.
 
 
Thirteen weeks ended
 
Twenty-six weeks ended
 
November 25,
2018
 
November 26,
2017
 
November 25,
2018
 
November 26,
2017
Pro forma net sales
$
2,868.1

 
$
3,006.7

 
$
5,426.1

 
$
5,534.0

Pro forma net income from continuing operations attributable to Conagra Brands, Inc.
$
200.7

 
$
240.7

 
$
404.7

 
$
292.1

Pro forma net income from continuing operations attributable to Conagra Brands, Inc. per share - basic
$
0.41

 
$
0.48

 
$
0.83

 
$
0.58

Pro forma net income from continuing operations attributable to Conagra Brands, Inc. per share - diluted
$
0.41

 
$
0.48

 
$
0.83

 
$
0.57