XML 21 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Aug. 27, 2023
May 28, 2023
ASSETS    
Cash and cash equivalents $ 93.3 $ 93.9
Receivables, less allowance for doubtful accounts of $3.8 and $3.8 971.5 965.4
Inventories 2,393.8 2,232.0
Prepaid expenses and other current assets 114.9 93.7
Total current assets 3,573.5 3,385.0
Property, plant and equipment 6,416.9 6,191.1
Less accumulated depreciation (3,502.3) (3,417.3)
Property, plant and equipment, net 2,914.6 2,773.8
Goodwill 11,178.2 11,178.2
Brands, trademarks and other intangibles, net 3,192.4 3,205.9
Other assets 1,506.7 1,509.7
Assets 22,365.4 22,052.6
LIABILITIES AND STOCKHOLDERS' EQUITY    
Notes payable 513.1 641.4
Current installments of long-term debt 1,015.4 1,516.0
Accounts and other payables 1,534.6 1,529.4
Accrued payroll 115.1 164.1
Other accrued liabilities 761.9 589.8
Total current liabilities 3,940.1 4,440.7
Senior long-term debt, excluding current installments 7,745.1 7,081.3
Other noncurrent liabilities 1,725.1 1,723.3
Total liabilities 13,410.3 13,245.3
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 2,334.0 2,376.9
Retained earnings 6,752.9 6,599.4
Accumulated other comprehensive loss (32.9) (44.4)
Less treasury stock, at cost, 106,251,348 and 107,196,446 common shares (3,090.7) (3,116.3)
Total Conagra Brands, Inc. common stockholders' equity 8,884.5 8,736.8
Noncontrolling interests 70.6 70.5
Total stockholders' equity 8,955.1 8,807.3
Liabilities and Equity $ 22,365.4 $ 22,052.6