Note 15 - Business Segments and Related Information (Tables)

3 Months Ended

Aug. 28, 2022

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Thirteen Weeks Ended
	August 28, 2022			August 29, 2021
Net sales
Grocery & Snacks	$	1,188.3		$	1,075.1
Refrigerated & Frozen		1,207.6			1,101.8
International		233.5			236.6
Foodservice		274.9			239.8
Total net sales	$	2,904.3		$	2,653.3
Operating profit (loss)
Grocery & Snacks	$	250.4		$	215.9
Refrigerated & Frozen		(216.3	)		157.6
International		26.9			34.1
Foodservice		1.2			20.3
Total operating profit	$	62.2		$	427.9
Equity method investment earnings		49.2			20.2
General corporate expense		83.5			64.6
Pension and postretirement non-service income		6.1			16.1
Interest expense, net		97.1			94.2
Income tax expense		14.4			69.7
Net income (loss)	$	(77.5	)	$	235.7
Less: Net income attributable to noncontrolling interests		—			0.3
Net income (loss) attributable to Conagra Brands, Inc.	$	(77.5	)	$	235.4

	Thirteen Weeks Ended
	August 28, 2022		August 29, 2021
Frozen	$	1,008.4	$	920.4
Staples
Other shelf-stable		690.1		641.6
Refrigerated		199.2		181.4
Snacks		498.2		433.5
Foodservice		274.9		239.8
International		233.5		236.6
Total net sales	$	2,904.3	$	2,653.3

Allocation of Net Derivative Gains (Losses) from Economic Hedges to Operating Results of Reporting Segments [Table Text Block]

	Thirteen Weeks Ended
	August 28, 2022		August 29, 2021
Gross derivative gains incurred	$	9.5	$	10.2
Less: Net derivative gains allocated to reporting segments		9.0		5.0
Net derivative gains recognized in general corporate expenses	$	0.5	$	5.2
Net derivative gains allocated to Grocery & Snacks	$	5.0	$	3.2
Net derivative gains allocated to Refrigerated & Frozen		3.3		4.7
Net derivative gains (losses) allocated to International		0.1		(3.2	)
Net derivative gains allocated to Foodservice		0.6		0.3
Net derivative gains included in segment operating profit	$	9.0	$	5.0