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BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)
6 Months Ended
Nov. 25, 2018
Segment Reporting [Abstract]  
Schedule of Segment Operations
General corporate expense, net interest expense, and income taxes have been excluded from segment operations.
 
Thirteen weeks ended
 
Twenty-six weeks ended
 
November 25,
2018
 
November 26,
2017
 
November 25,
2018
 
November 26,
2017
Net sales
 
 
 
 
 
 
 
Grocery & Snacks
$
899.7

 
$
900.4

 
$
1,670.8

 
$
1,646.2

Refrigerated & Frozen
770.9

 
758.1

 
1,406.1

 
1,373.8

International
208.3

 
220.3

 
402.1

 
411.2

Foodservice
246.0

 
294.6

 
480.3

 
546.4

Pinnacle Foods
258.8

 

 
258.8

 

Total net sales
$
2,383.7

 
$
2,173.4

 
$
4,218.1

 
$
3,977.6

Operating profit
 
 
 
 
 
 
 
Grocery & Snacks
$
209.0

 
$
199.8

 
$
387.7

 
$
376.0

Refrigerated & Frozen
138.1

 
128.5

 
233.6

 
230.4

International
24.8

 
20.2

 
62.1

 
39.1

Foodservice
32.7

 
47.4

 
60.2

 
70.6

Pinnacle Foods
28.7

 

 
28.7

 

Total operating profit
$
433.3

 
$
395.9

 
$
772.3

 
$
716.1

Equity method investment earnings
37.7

 
20.6

 
53.9

 
50.6

General corporate expense
243.4

 
62.4

 
324.2

 
123.2

Pension and postretirement non-service income
(9.7
)
 
(17.5
)
 
(19.9
)
 
(38.1
)
Interest expense, net
80.6

 
38.0

 
129.6

 
74.4

Income tax expense
22.4

 
109.5

 
79.8

 
229.5

Income from continuing operations
$
134.3

 
$
224.1

 
$
312.5

 
$
377.7

Less: Net income attributable to noncontrolling interests
0.8

 
1.0

 
0.8

 
1.8

Income from continuing operations attributable to Conagra Brands, Inc.
$
133.5

 
$
223.1

 
$
311.7

 
$
375.9


The following table presents further disaggregation of our net sales:
 
Thirteen weeks ended
 
Twenty-six weeks ended
 
November 25,
2018
 
November 26,
2017
 
November 25,
2018
 
November 26,
2017
Snacks
$
363.1

 
$
324.5

 
$
656.8

 
$
585.5

Other shelf-stable
632.4

 
575.9

 
1,109.8

 
1,060.7

Frozen
705.5

 
552.7

 
1,169.0

 
985.0

Refrigerated
208.9

 
205.4

 
380.6

 
388.8

International
216.9

 
220.3

 
410.7

 
411.2

Foodservice
256.9

 
294.6

 
491.2

 
546.4

Total net sales
$
2,383.7

 
$
2,173.4

 
$
4,218.1

 
$
3,977.6


Schedule of Net Derivative Gains (Losses) from Economic Hedges of Forecasted Commodity Consumption and Foreign Currency Risk
The following table presents the net derivative gains (losses) from economic hedges of forecasted commodity consumption and the foreign currency risk of certain forecasted transactions, under this methodology:
 
Thirteen weeks ended
 
Twenty-six weeks ended
 
November 25,
2018
 
November 26,
2017
 
November 25,
2018
 
November 26,
2017
Gross derivative gains (losses) incurred
$
2.3

 
$
3.0

 
$
(4.2
)
 
$
(4.4
)
Less: Net derivative losses allocated to reporting segments
(0.5
)
 
(4.1
)
 
(0.6
)
 
(5.5
)
Net derivative gains (losses) recognized in general corporate expenses
$
2.8

 
$
7.1

 
$
(3.6
)
 
$
1.1

Net derivative losses allocated to Grocery & Snacks
$
(0.8
)
 
$
(0.4
)
 
$
(1.0
)
 
$
(1.0
)
Net derivative gains (losses) allocated to Refrigerated & Frozen
(0.4
)
 
0.1

 
(0.5
)
 
0.1

Net derivative gains (losses) allocated to International
0.8

 
(3.7
)
 
1.1

 
(4.4
)
Net derivative losses allocated to Foodservice
(0.1
)
 
(0.1
)
 
(0.2
)
 
(0.2
)
Net derivative losses included in segment operating profit
$
(0.5
)
 
$
(4.1
)
 
$
(0.6
)
 
$
(5.5
)