BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)

6 Months Ended

Nov. 25, 2012

Segment Operations

	Thirteen weeks ended				Twenty-six weeks ended
	November 25, 2012		November 27, 2011		November 25, 2012		November 27, 2011
Net sales
Consumer Foods	$	2,423.1	$	2,178.2	$	4,465.7	$	4,069.9
Commercial Foods		1,312.4		1,253.5		2,581.7		2,467.1
Total net sales	$	3,735.5	$	3,431.7	$	7,047.4	$	6,537.0
Operating profit
Consumer Foods	$	286.0	$	256.3	$	521.3	$	452.5
Commercial Foods		169.3		160.8		308.9		258.3
Total operating profit	$	455.3	$	417.1	$	830.2	$	710.8
Equity method investment earnings
Consumer Foods	$	0.5	$	1.9	$	0.6	$	2.9
Commercial Foods		12.3		9.6		19.8		14.8
Total equity method investment earnings	$	12.8	$	11.5	$	20.4	$	17.7

	Thirteen weeks ended				Twenty-six weeks ended
	November 25, 2012		November 27, 2011		November 25, 2012		November 27, 2011
Operating profit plus equity method investment earnings
Consumer Foods	$	286.5	$	258.2	$	521.9	$	455.4
Commercial Foods		181.6		170.4		328.7		273.1
Total operating profit plus equity method investment earnings	$	468.1	$	428.6	$	850.6	$	728.5
General corporate expenses	$	89.1	$	102.0	$	46.6	$	206.3
Interest expense, net		53.4		50.6		102.7		103.5
Income tax expense		109.1		92.9		232.6		141.6
Income from continuing operations	$	216.5	$	183.1	$	468.7	$	277.1
Less: Net income attributable to noncontrolling interests		4.9		2.9		7.0		3.2
Income from continuing operations attributable to ConAgra Foods, Inc.	$	211.6	$	180.2	$	461.7	$	273.9

Allocation of Net Derivative Gains (Losses) from Economic Hedges of Forecasted Commodity Consumption and Foreign Currency Risk

The following table presents the net derivative gains (losses) from economic hedges of forecasted commodity consumption and the foreign currency risk of certain forecasted transactions, under this methodology:

	Thirteen weeks ended						Twenty-six weeks ended
	November 25, 2012			November 27, 2011			November 25, 2012			November 27, 2011
Net derivative gains (losses) incurred	$	(12.0	)	$	(20.2	)	$	108.2		$	(32.6	)
Less: Net derivative gains (losses) allocated to reporting segments		4.1			7.0			(5.9	)		28.1
Net derivative gains (losses) recognized in general corporate expenses	$	(16.1	)	$	(27.2	)	$	114.1		$	(60.7	)
Net derivative gains (losses) allocated to Consumer Foods	$	6.2		$	6.7		$	2.3		$	24.8
Net derivative gains (losses) allocated to Commercial Foods		(2.1	)		0.3			(8.2	)		3.3
Net derivative gains (losses) included in segment operating profit	$	4.1		$	7.0		$	(5.9	)	$	28.1