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Consolidated Balance Sheets (USD $)
In Millions
May 29, 2011
May 30, 2010
Current assets    
Cash and cash equivalents $ 972.4 $ 953.2
Receivables, less allowance for doubtful accounts of $7.8 and $8.5 849.4 849.6
Inventories 1,803.4 1,597.9
Prepaid expenses and other current assets 274.1 307.3
Current assets held for sale 0 252.1
Total current assets 3,899.3 3,960.1
Property, plant and equipment    
Land and land improvements 201.3 168.6
Buildings, machinery and equipment 4,440.1 4,093.0
Furniture, fixtures, office equipment and other 871.9 843.0
Construction in progress 184.8 248.0
Property, plant and equipment 5,698.1 5,352.6
Less accumulated depreciation (3,028.0) (2,750.2)
Property, plant and equipment, net 2,670.1 2,602.4
Goodwill 3,609.4 3,549.9
Brands, trademarks and other intangibles, net 936.3 874.8
Other assets 293.6 695.6
Noncurrent assets held for sale 0 55.2
Total assets 11,408.7 11,738.0
Current liabilities    
Notes payable 0 0.6
Current installments of long-term debt 363.5 260.2
Accounts payable 1,083.7 919.1
Accrued payroll 124.1 263.9
Other accrued liabilities 554.3 579.0
Current liabilities held for sale 0 13.4
Total current liabilities 2,125.6 2,036.2
Senior long-term debt, excluding current installments 2,674.4 3,030.5
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,704.3 1,541.3
Noncurrent liabilities held for sale 0 5.2
Total liabilities 6,700.2 6,809.1
Commitments and contingencies (Notes 17 and 18)    
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 567,907,172 2,839.7 2,839.7
Additional paid-in capital 899.1 897.5
Retained earnings 4,853.6 4,417.1
Accumulated other comprehensive loss (222.7) (285.3)
Less treasury stock, at cost, common shares 157,412,899 and 125,637,495 (3,668.2) (2,945.1)
Total ConAgra Foods common stockholders' equity 4,701.5 4,923.9
Noncontrolling interests 7.0 5.0
Total common stockholders' equity 4,708.5 4,928.9
Total liabilities and stockholders' equity $ 11,408.7 $ 11,738.0