XML 14 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Nov. 25, 2018
May 27, 2018
Current assets    
Cash and cash equivalents $ 442.3 $ 128.0
Receivables, less allowance for doubtful accounts of $2.8 and $2.0 958.1 582.6
Inventories 1,729.7 997.1
Prepaid expenses and other current assets 108.7 186.8
Current assets held for sale 36.6 44.4
Total current assets 3,275.4 1,938.9
Property, plant and equipment 4,875.9 4,062.2
Less accumulated depreciation (2,515.1) (2,442.1)
Property, plant and equipment, net 2,360.8 1,620.1
Goodwill 11,167.2 4,502.5
Brands, trademarks and other intangibles, net 5,132.2 1,284.5
Other assets 960.4 906.3
Noncurrent assets held for sale 110.8 137.2
Total assets 23,006.8 10,389.5
Current liabilities    
Notes payable 0.9 277.3
Current installments of long-term debt 17.2 307.0
Accounts payable 1,246.1 915.1
Accrued payroll 177.0 163.9
Other accrued liabilities 793.3 672.9
Total current liabilities 2,234.5 2,336.2
Senior long-term debt, excluding current installments 11,349.5 3,035.6
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,923.6 1,065.2
Total liabilities 15,703.5 6,632.9
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,229 2,921.2 2,839.7
Additional paid-in capital 2,280.8 1,180.0
Retained earnings 4,886.4 4,744.9
Accumulated other comprehensive loss (91.5) (110.5)
Less treasury stock, at cost, 98,577,243 and 177,078,193 common shares (2,772.8) (4,977.9)
Total Conagra Brands, Inc. common stockholders' equity 7,224.1 3,676.2
Noncontrolling interests 79.2 80.4
Total stockholders' equity 7,303.3 3,756.6
Total liabilities and stockholders' equity $ 23,006.8 $ 10,389.5