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Condensed Consolidated Statements of Cash Flows (unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Feb. 26, 2012
Feb. 27, 2011
Cash flows from operating activities:    
Net income $ 532.5 $ 563.2
Income (loss) from discontinued operations, net of tax 0.1 (7.0)
Income from continuing operations 532.4 570.2
Adjustments to reconcile income from continuing operations to net cash flows from operating activities:    
Depreciation and amortization 277.1 264.3
Asset impairment charges 7.9 19.1
Gain on acquisition of controlling interest in Agro Tech Foods Ltd. (58.7)  
Insurance recoveries recognized related to Garner accident   (2.1)
Receipts from insurance carriers related to Garner accident   16.9
Distributions from affiliates less than current earnings (11.0) (6.8)
Share-based payments expense 35.2 34.5
Proceeds from settlement of interest rate swaps   31.5
Receipt of interest on payment-in-kind notes earned in prior years   102.8
Gain on collection of payment-in-kind notes   (25.0)
Contributions to pension plans (77.0) (115.7)
Other items (including noncurrent deferred income taxes) 51.0 246.3
Change in operating assets and liabilities excluding effects of business acquisitions and dispositions:    
Accounts receivable (54.6) (22.8)
Inventory (170.5) (311.6)
Prepaid expenses and other current assets 9.2 (17.0)
Accounts payable 98.0 151.3
Accrued payroll 46.9 (115.3)
Other accrued liabilities 90.6 110.9
Net cash flows from operating activities - continuing operations 776.5 931.5
Net cash flows from operating activities - discontinued operations 2.9 8.4
Net cash flows from operating activities 779.4 939.9
Cash flows from investing activities:    
Additions to property, plant and equipment (239.1) (347.2)
Sale of property, plant and equipment 7.5 1.2
Receipts from insurance carriers related to Garner accident   18.1
Purchase of businesses, net of cash acquired (306.6) (131.0)
Purchase of intangible assets (62.5) (18.0)
Proceeds from collection of payment-in-kind notes   412.5
Net cash flows from investing activities - continuing operations (600.7) (64.4)
Net cash flows from investing activities - discontinued operations   245.5
Net cash flows from investing activities (600.7) 181.1
Cash flows from financing activities:    
Net short-term borrowings 3.0  
Repayment of long-term debt (355.6) (291.7)
Repurchase of ConAgra Foods, Inc. common shares (100.2) (662.4)
Cash dividends paid (288.8) (276.7)
Exercise of stock options and issuance of other stock awards 199.3 30.0
Other items 1.0 2.0
Net cash flows from financing activities - continuing operations (541.3) (1,198.8)
Net cash flows from financing activities - discontinued operations   (0.1)
Net cash flows from financing activities (541.3) (1,198.9)
Effect of exchange rate changes on cash and cash equivalents (5.6) 7.6
Net change in cash and cash equivalents (368.2) (70.3)
Cash and cash equivalents at beginning of period 972.4 953.2
Cash and cash equivalents at end of period $ 604.2 $ 882.9