Quarterly Financial Data (Unaudited) (Tables)

12 Months Ended

May 27, 2012

Quarterly Financial Data [Abstract]

Quarterly Financial Data

	2012 (1)								2011 (1)
	First Quarter (3)		Second Quarter (4)		Third Quarter (5)		Fourth Quarter		First Quarter (6)		Second Quarter (7)		Third Quarter (8)		Fourth Quarter (9)
Net sales	$	3,072.0	$	3,403.9	$	3,373.1	$	3,413.6	$	2,804.3	$	3,147.5	$	3,141.3	$	3,210.0
Gross profit		598.7		757.3		790.0		680.9		651.3		760.0		797.3		704.9
Income (loss) from discontinued operations, net of tax		0.1		—		—		—		3.0		0.6		(10.6)		(4.5)
Net income (loss) attributable to ConAgra Foods, Inc.		93.8		180.2		280.1		(86.2)		148.2		202.7		216.6		250.1
Earnings per share (2):
Basic earnings per share:
Income (loss) from continuing operations attributable to ConAgra Foods, Inc. common stockholders	$	0.23	$	0.43	$	0.68	$	(0.21)	$	0.32	$	0.46	$	0.54	$	0.62
Income (loss) from discontinued operations attributable to ConAgra Foods, Inc. common stockholders		—		—		—		—		0.01		—		(0.03)		(0.01)
Net income (loss) attributable to ConAgra Foods, Inc. common stockholders	$	0.23	$	0.43	$	0.68	$	(0.21)	$	0.33	$	0.46	$	0.51	$	0.61
Diluted earnings per share:
Income (loss) from continuing operations attributable to ConAgra Foods, Inc. common stockholders	$	0.22	$	0.43	$	0.67	$	(0.21)	$	0.32	$	0.46	$	0.52	$	0.61
Income (loss) from discontinued operations attributable to ConAgra Foods, Inc. common stockholders		—		—		—		—		0.01		—		(0.02)		(0.01)
Net income (loss) attributable to ConAgra Foods, Inc. common stockholders	$	0.22	$	0.43	$	0.67	$	(0.21)	$	0.33	$	0.46	$	0.50	$	0.60
Dividends declared per common share	$	0.23	$	0.24	$	0.24	$	0.24	$	0.20	$	0.23	$	0.23	$	0.23
Share price:
High	$	26.53	$	25.95	$	27.18	$	26.75	$	25.23	$	22.95	$	23.58	$	25.58
Low		22.72		22.99		24.31		25.11		21.36		21.14		21.48		22.48

(1) Amounts differ from previously filed quarterly reports due to the adoption of a change in accounting method for pension during the fourth quarter of fiscal 2012. See additional detail in Note 1.

(2) 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.

(3) For the quarter ended August 28, 2011, the retrospective change in accounting method for pension increased net income by $8.5 million and earnings per share, basic and diluted by $0.02.

(4) For the quarter ended November 27, 2011, the retrospective change in accounting method for pension increased net income by $8.4 million and earnings per share, basic and diluted by $0.02.

(5) For the quarter ended February 26, 2012, the retrospective change in accounting method for pension increased net income by $8.5 million and earnings per share, basic and diluted by $0.02.

(6) For the quarter ended August 29, 2010, the retrospective change in accounting method for pension increased net income by $1.8 million.

(7) For the quarter ended November 28, 2010, the retrospective change in accounting method for pension increased net income by $1.8 million and diluted earnings per share by $0.01.

(8) For the quarter ended February 27, 2011, the retrospective change in accounting method for pension increased net income by $1.8 million and basic earnings per share by $0.01.

(9) For the quarter ended May 29, 2011, the retrospective change in accounting method for pension decreased net income by $4.8 million and earnings per share, basic and diluted by $0.01.