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Note 13 - Stockholders' Equity (Tables)
3 Months Ended
Aug. 27, 2023
Notes Tables  
Schedule of Stockholders Equity [Table Text Block]
  

Conagra Brands, Inc. Stockholders' Equity

         
  

Common Shares

  

Common Stock

  

Additional Paid-in Capital

  

Retained Earnings

  

Accumulated Other Comprehensive Loss

  

Treasury Stock

  

Noncontrolling Interests

  

Total Equity

 

Balance at May 28, 2023

  584.2  $2,921.2  $2,376.9  $6,599.4  $(44.4) $(3,116.3) $70.5  $8,807.3 

Stock option and incentive plans

          (42.9)  1.1       25.6       (16.2)

Currency translation adjustments

                  10.7       (0.1)  10.6 

Derivative adjustments

                  1.6           1.6 

Activities of noncontrolling interests

                          0.2   0.2 

Pension and postretirement healthcare benefits

                  (0.8)          (0.8)

Dividends declared on common stock; $0.35 per share

              (167.3)              (167.3)

Net income attributable to Conagra Brands, Inc.

              319.7               319.7 

Balance at August 27, 2023

  584.2  $2,921.2  $2,334.0  $6,752.9  $(32.9) $(3,090.7) $70.6  $8,955.1 
  

Conagra Brands, Inc. Stockholders' Equity

         
  

Common Shares

  

Common Stock

  

Additional Paid-in Capital

  

Retained Earnings

  

Accumulated Other Comprehensive Loss

  

Treasury Stock

  

Noncontrolling Interests

  

Total Equity

 

Balance at May 29, 2022

  584.2  $2,921.2  $2,324.6  $6,550.7  $(11.2) $(2,997.6) $74.5  $8,862.2 

Stock option and incentive plans

          (1.6)  0.2       16.3      14.9 

Currency translation adjustments

                  (11.5)      (2.1)  (13.6)

Repurchase of common shares

                      (50.0)      (50.0)

Derivative adjustments

                  (2.1)          (2.1)

Pension and postretirement healthcare benefits

                  1.4           1.4 

Dividends declared on common stock; $0.33 per share

              (158.6)              (158.6)

Net loss attributable to Conagra Brands, Inc.

              (77.5)              (77.5)

Balance at August 28, 2022

  584.2  $2,921.2  $2,323.0  $6,314.8  $(23.4) $(3,031.3) $72.4  $8,576.7 
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
  

August 27, 2023

  

May 28, 2023

 

Currency translation losses, net of reclassification adjustments

 $(89.0) $(99.7)

Derivative adjustments, net of reclassification adjustments

  30.8   29.2 

Pension and postretirement benefit obligations, net of reclassification adjustments

  25.3   26.1 

Accumulated other comprehensive loss

 $(32.9) $(44.4)
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]
  

Thirteen Weeks Ended

 

Affected Line Item in the Condensed Consolidated Statement of Operations1

  

August 27, 2023

  

August 28, 2022

  

Net derivative adjustments:

         

Cash flow hedges

 $(0.9) $(0.8)

Interest expense, net

Cash flow hedges

  (1.1)  0.2 

Equity method investment earnings

   (2.0)  (0.6)

Total before tax

   0.5   0.2 

Income tax expense

  $(1.5) $(0.4)

Net of tax

Pension and postretirement liabilities:

         

Net actuarial gain

 $(1.2) $(1.1)

Pension and postretirement non-service income

   (1.2)  (1.1)

Total before tax

   0.3   0.4 

Income tax expense

  $(0.9) $(0.7)

Net of tax