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Condensed Consolidated Balance Sheets (unaudited) (USD $)
In Millions
Aug. 28, 2011
May 29, 2011
Current assets    
Cash and cash equivalents $ 1,095.2 $ 972.4
Receivables, less allowance for doubtful accounts of $7.7 and $7.8 922.0 849.4
Inventories 1,815.3 1,803.4
Prepaid expenses and other current assets 261.1 274.1
Total current assets 4,093.6 3,899.3
Property, plant and equipment 5,708.0 5,698.1
Less accumulated depreciation (3,070.0) (3,028.0)
Property, plant and equipment, net 2,638.0 2,670.1
Goodwill 3,609.0 3,609.4
Brands, trademarks and other intangibles, net 989.3 936.3
Other assets 280.8 293.6
Total assets 11,610.7 11,408.7
Current liabilities    
Current installments of long-term debt 376.8 363.5
Accounts payable 1,165.5 1,083.7
Accrued payroll 125.7 124.1
Other accrued liabilities 666.2 554.3
Total current liabilities 2,334.2 2,125.6
Senior long-term debt, excluding current installments 2,659.8 2,674.4
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,690.5 1,704.3
Total liabilities 6,880.4 6,700.2
Commitments and contingencies (Note 12)    
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 880.4 899.1
Retained earnings 4,842.3 4,853.6
Accumulated other comprehensive loss (258.5) (222.7)
Less treasury stock, at cost, 153,586,405 and 157,412,899 common shares (3,580.5) (3,668.2)
Total ConAgra Foods, Inc. common stockholders' equity 4,723.4 4,701.5
Noncontrolling interests 6.9 7.0
Total stockholders' equity 4,730.3 4,708.5
Total liabilities and stockholders' equity $ 11,610.7 $ 11,408.7