Business Segments and Related Information (Tables)

9 Months Ended

Feb. 26, 2012

Business Segments and Related Information [Abstract]

Segment operations

	Thirteen weeks ended				Thirty-nine weeks ended
	February 26, 2012		February 27, 2011		February 26, 2012		February 27, 2011
Net sales
Consumer Foods	$	2,157.2	$	2,072.2	$	6,227.1	$	5,975.1
Commercial Foods		1,215.9		1,069.1		3,621.9		3,118.0
Total net sales	$	3,373.1	$	3,141.3	$	9,849.0	$	9,093.1
Operating profit
Consumer Foods	$	331.3	$	276.0	$	783.8	$	762.2
Commercial Foods		150.0		140.6		408.3		381.1
Total operating profit	$	481.3	$	416.6	$	1,192.1	$	1,143.3
Equity method investment earnings
Consumer Foods	$	1.1	$	1.6	$	4.0	$	4.0
Commercial Foods		11.5		5.0		26.3		13.4
Total equity method investment earnings	$	12.6	$	6.6	$	30.3	$	17.4
Operating profit plus equity method investment earnings
Consumer Foods	$	332.4	$	277.6	$	787.8	$	766.2
Commercial Foods		161.5		145.6		434.6		394.5
Total operating profit plus equity method investment earnings	$	493.9	$	423.2	$	1,222.4	$	1,160.7
General corporate expenses	$	65.0	$	23.4	$	298.5	$	177.1
Interest expense, net		49.7		51.6		153.2		122.6
Income tax expense		107.0		122.5		238.3		290.8
Income from continuing operations		272.2		225.7		532.4		570.2
Less: Net income attributable to noncontrolling interests		0.6		0.3		3.8		1.1
Income from continuing operations attributable to ConAgra Foods, Inc.	$	271.6	$	225.4	$	528.6	$	569.1

Allocation of net derivative gains (losses) from economic hedges of forecasted commodity consumption and foreign currency risk

	Thirteen weeks ended						Thirty-nine weeks ended
	February 26, 2012			February 27, 2011			February 26, 2012			February 27, 2011
Net derivative gains (losses) incurred	$	22.9		$	25.1		$	(9.7	)	$	23.9
Less: Net derivative gains (losses) allocated to reporting segments		0.9			1.3			29.0			(3.2	)
Net derivative gains (losses) recognized in general corporate expenses	$	22.0		$	23.8		$	(38.7	)	$	27.1
Net derivative gains (losses) allocated to Consumer Foods	$	2.7		$	2.6		$	27.5		$	(1.1	)
Net derivative gains (losses) allocated to Commercial Foods		(1.8	)		(1.3	)		1.5			(2.1	)
Net derivative gains (losses) included in segment operating profit	$	0.9		$	1.3		$	29.0		$	(3.2	)