XML 13 R4.htm IDEA: XBRL DOCUMENT v3.22.4
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Nov. 27, 2022
May 29, 2022
ASSETS    
Cash and cash equivalents $ 39.7 $ 83.3
Receivables, less allowance for doubtful accounts of $3.7 and $3.9 910.5 867.4
Inventories 2,347.7 1,966.7
Prepaid expenses and other current assets 118.5 116.3
Total current assets 3,416.4 3,033.7
Property, plant and equipment 5,993.1 5,896.3
Less accumulated depreciation (3,304.9) (3,159.1)
Property, plant and equipment, net 2,688.2 2,737.2
Goodwill 11,180.1 11,329.2
Brands, trademarks and other intangibles, net 3,579.0 3,857.8
Other assets 1,550.3 1,477.2
Assets, Total 22,414.0 22,435.1
LIABILITIES AND STOCKHOLDERS' EQUITY    
Notes payable 365.5 184.3
Current installments of long-term debt 954.3 707.3
Accounts payable 1,596.3 1,864.6
Accrued payroll 119.4 151.7
Other accrued liabilities 687.2 610.9
Total current liabilities 3,722.7 3,518.8
Senior long-term debt, excluding current installments 8,081.8 8,088.2
Other noncurrent liabilities 1,871.8 1,965.9
Total liabilities 13,676.3 13,572.9
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,229 2,921.2 2,921.2
Additional paid-in capital 2,360.9 2,324.6
Retained earnings 6,536.5 6,550.7
Accumulated other comprehensive loss (24.6) (11.2)
Less treasury stock, at cost, 107,596,728 and 104,157,169 common shares (3,127.7) (2,997.6)
Total Conagra Brands, Inc. common stockholders' equity 8,666.3 8,787.7
Noncontrolling interests 71.4 74.5
Total stockholders' equity 8,737.7 8,862.2
Liabilities and Equity, Total $ 22,414.0 $ 22,435.1