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QUARTERLY FINANCIAL DATA (Unaudited) (Tables)
12 Months Ended
May 26, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
 
2019
 
2018
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Net sales
$
1,834.4

 
$
2,383.7

 
$
2,707.1

 
$
2,613.2

 
$
1,804.2

 
$
2,173.4

 
$
1,994.5

 
$
1,966.2

Gross profit
515.5

 
677.2

 
752.3

 
708.0

 
519.0

 
658.3

 
598.8

 
575.4

Income from continuing operations, net of tax
178.2

 
134.3

 
242.6

 
125.2

 
153.6

 
224.1

 
349.2

 
70.6

Income (loss) from discontinued operations, net of tax

 
(1.9
)
 

 

 
(0.3
)
 
0.4

 
14.5

 
(0.3
)
Net income attributable to Conagra Brands, Inc.
178.2

 
131.6

 
242.0

 
126.5

 
152.5

 
223.5

 
362.8

 
69.6

Earnings per share (1):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to Conagra Brands, Inc. common stockholders
$
0.45

 
$
0.31

 
$
0.50

 
$
0.26

 
$
0.37

 
$
0.55

 
$
0.91

 
$
0.18

Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income attributable to Conagra Brands, Inc. common stockholders
$
0.45

 
$
0.31

 
$
0.50

 
$
0.26

 
$
0.36

 
$
0.54

 
$
0.90

 
$
0.18

Dividends declared per common share
$
0.2125

 
$
0.2125

 
$
0.2125

 
$
0.2125

 
$
0.2125

 
$
0.2125

 
$
0.2125

 
$
0.2125

Share price:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
High
$
38.94

 
$
38.25

 
$
32.60

 
$
31.28

 
$
39.95

 
$
35.87

 
$
38.50

 
$
38.29

Low
34.64

 
32.42

 
20.85

 
22.37

 
33.07

 
32.43

 
35.47

 
35.34

(1) 
Basic and diluted earnings per share are calculated independently for each of the quarters presented. Accordingly, the sum of the quarterly earnings per share amounts may not agree with the total year.