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ACQUISITIONS (Tables)
12 Months Ended
May 26, 2019
Business Combinations [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed
The following table summarizes our current allocation of the total purchase consideration to the estimated fair values of the assets acquired and liabilities assumed at the acquisition date.
 
October 26,
2018
Cash and cash equivalents
$
47.2

Receivables
202.8

Inventories
653.7

Prepaid expenses and other current assets
14.9

Property, plant and equipment
721.2

Goodwill
7,015.9

Brands, trademarks and other intangibles
3,519.5

Other assets
24.3

Current liabilities
(605.5
)
Senior long-term debt, excluding current installments
(2,671.3
)
Noncurrent deferred tax liabilities
(814.1
)
Other noncurrent liabilities
(74.6
)
Total assets acquired and liabilities assumed
$
8,034.0

Unaudited Pro Forma Information
The following unaudited pro forma financial information presents the combined results of operations as if the acquisition of Pinnacle had occurred on May 29, 2017, the beginning of fiscal year 2018. 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.
 
2019
 
2018
Pro forma net sales
$
10,788.1

 
$
11,034.2

Pro forma net income from continuing operations attributable to Conagra Brands, Inc.
$
803.8

 
$
1,089.7