DISCONTINUED OPERATIONS AND OTHER DIVESTITURES (Tables)

12 Months Ended

May 26, 2019

Discontinued Operations and Disposal Groups [Abstract]

Summary of Comparative Financial Results

The summary comparative financial results of the Lamb Weston business through the date of the Spinoff, included within discontinued operations, were as follows:

	2019			2018			2017
Net sales	$	—		$	—		$	1,407.9
Income (loss) from discontinued operations before income taxes and equity method investment earnings	$	—		$	(0.3	)	$	172.3
Income (loss) before income taxes and equity method investment earnings	—			(0.3		)	172.3
Income tax expense (benefit)	2.8			(14.6		)	87.5
Equity method investment earnings	—			—			15.9
Income (loss) from discontinued operations, net of tax	(2.8		)	14.3			100.7
Less: Net income attributable to noncontrolling interests	—			—			6.8
Net income (loss) from discontinued operations attributable to Conagra Brands, Inc.	$	(2.8	)	$	14.3		$	93.9

The summary comparative financial results of the Private Brands business, included within discontinued operations, were as follows:

	2019		2018			2017
Loss on sale of business	$	—	$	—		$	(1.6	)
Income from discontinued operations before income taxes and equity method investment earnings	0.9		0.4			3.9
Income before income taxes and equity method investment earnings	0.9		0.4			2.3
Income tax expense (benefit)	—		0.5			(0.3		)
Income (loss) from discontinued operations, net of tax	$	0.9	$	(0.1	)	$	2.6

Schedule of Assets and Liabilities Classified as Held for Sale

The assets classified as held for sale reflected in our Consolidated Balance Sheets related to the Wesson^® oil business were as follows:

	May 27, 2018
Current assets	$	37.7
Noncurrent assets (including goodwill of $74.5 million)	101.0

The assets and liabilities classified as held for sale reflected in our Consolidated Balance Sheets related to Gelit were as follows:

	May 27, 2018
Current assets	$	23.5
Noncurrent assets (including goodwill of $15.1 million)	43.3
Current liabilities	13.9
Noncurrent liabilities	4.4

The assets classified as held for sale reflected in our Consolidated Balance Sheets related to the Del Monte^® processed fruit and vegetable business in Canada were as follows:

	May 27, 2018
Current assets	$	6.1
Noncurrent assets (including goodwill of $5.8 million)	11.5