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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Feb. 25, 2024
Feb. 26, 2023
Feb. 25, 2024
Feb. 26, 2023
Net sales $ 3,032.9 $ 3,086.5 $ 9,145.0 $ 9,303.7
Costs and expenses:        
Cost of goods sold 2,174.1 2,247.7 6,616.5 6,822.3
Selling, general and administrative expenses 387.4 348.8 1,119.6 1,463.1
Pension and postretirement non-service expense (income) 1.4 (6.0) 2.1 (18.2)
Interest expense, net 106.5 104.2 325.8 301.6
Income before income taxes and equity method investment earnings 363.5 391.8 1,081.0 734.9
Income tax expense 95.9 100.1 297.1 237.0
Equity method investment earnings 41.2 50.5 131.0 149.0
Net income 308.8 342.2 914.9 646.9
Less: Net income attributable to noncontrolling interests 0.2 0.5 0.4 0.8
Net income attributable to Conagra Brands, Inc. $ 308.6 $ 341.7 $ 914.5 $ 646.1
Earnings per share — basic        
Net income attributable to Conagra Brands, Inc. common stockholders, basic (in dollars per share) $ 0.64 $ 0.72 $ 1.91 $ 1.35
Earnings per share — diluted        
Net income attributable to Conagra Brands, Inc. common stockholders, diluted (in dollars per share) $ 0.64 $ 0.71 $ 1.91 $ 1.34