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Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
May 28, 2023
May 29, 2022
May 30, 2021
Net sales $ 12,277.0 $ 11,535.9 $ 11,184.7
Costs and expenses:      
Cost of goods sold 9,012.2 8,697.1 8,005.5
Selling, general and administrative expenses 2,189.5 1,492.8 1,403.0
Pension and postretirement non-service income (24.2) (67.3) (54.5)
Interest expense, net 409.6 379.9 420.4
Income before income taxes and equity method investment earnings 689.9 1,033.4 1,410.3
Income tax expense 218.7 290.5 193.8
Equity method investment earnings 212.0 145.3 84.4
Net income 683.2 888.2 1,300.9
Less: Net income (loss) attributable to noncontrolling interests (0.4) 0.0 2.1
Net income attributable to Conagra Brands, Inc. $ 683.6 $ 888.2 $ 1,298.8
Earnings per share — basic      
Net income attributable to Conagra Brands, Inc. common stockholders, basic (in dollars per share) $ 1.43 $ 1.85 $ 2.67
Earnings per share — diluted      
Net income attributable to Conagra Brands, Inc. common stockholders, diluted (in dollars per share) $ 1.42 $ 1.84 $ 2.66