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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
May 29, 2022
May 30, 2021
May 31, 2020
Net income, pre-tax amount $ 1,178.7 $ 1,494.7 $ 1,043.1
Net income, tax (expense) benefit (290.5) (193.8) (201.3)
Profit (Loss) 888.2 1,300.9 841.8
Unrealized derivative adjustments, pre-tax amount 8.5 0.4 (7.1)
Unrealized derivative adjustments, tax (expense) benefit (2.1) (1.8) 1.8
Unrealized derivative adjustments, after-tax amount 6.4 (1.4) (5.3)
Reclassification for derivative adjustments included in net income, pre-tax amount (1.3) (1.6) (3.3)
Reclassification for derivative adjustments included in net income, tax (expense) benefit 0.4 1.0 0.9
Reclassification for derivative adjustments included in net income, after-tax amount (0.9) (0.6) (2.4)
Unrealized currency translation gains (losses), pre-tax amount (23.5) 53.3 (42.7)
Unrealized currency translation gains (losses), tax (expense) benefit 0.0 (1.5) 1.4
Unrealized currency translation gains (losses), after-tax amount (23.5) 51.8 (41.3)
Unrealized pension and postretirement benefit obligation, pre-tax amount (3.1) 95.1 63.2
Unrealized pension and postretirement benefit obligations, tax (expense) benefit 1.1 (23.6) (15.9)
Unrealized pension and postretirement benefit obligations, after-tax amount (2.0) 71.5 47.3
Reclassification for pension and postretirement benefit obligations included in net income, pre-tax amount (3.5) (3.6) (5.5)
Reclassification for pension and postretirement benefit obligations included in net income, tax (expense) benefit 1.0 0.9 1.4
Reclassification for pension and postretirement benefit obligations included in net income, after-tax amount (2.5) (2.7) (4.1)
Comprehensive income, pre-tax amount 1,155.8 1,638.3 1,047.7
Comprehensive income, tax (expense) benefit (290.1) (218.8) (211.7)
Comprehensive income, after-tax amount 865.7 1,419.5 836.0
Comprehensive income (loss) attributable to noncontrolling interests (5.5) 6.1 (3.9)
Comprehensive income (loss) attributable to noncontrolling interests, tax (expense) benefit 0.0 (0.8) (0.9)
Comprehensive income (loss) attributable to noncontrolling interests, after-tax amount (5.5) 5.3 (4.8)
Comprehensive income attributable to Conagra Brands, Inc., pre-tax amount 1,161.3 1,632.2 1,051.6
Comprehensive income attributable to Conagra Brands, Inc., tax (expense) benefit (290.1) (218.0) (210.8)
Comprehensive income attributable to Conagra Brands, Inc., after-tax amount $ 871.2 $ 1,414.2 $ 840.8