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BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)
9 Months Ended
Feb. 24, 2013
Segment Reporting [Abstract]  
Segment Operations
 
Thirteen weeks ended
 
Thirty-nine weeks ended
 
February 24,
2013
 
February 26,
2012
 
February 24,
2013
 
February 26,
2012
Net sales
 
 
 
 
 
 
 
Consumer Foods
$
2,303.2

 
$
2,157.2

 
$
6,768.9

 
$
6,227.1

Commercial Foods
1,255.5

 
1,238.8

 
3,837.2

 
3,705.9

Ralcorp Food Group
212.5

 

 
212.5

 

Ralcorp Frozen Bakery Products
79.3

 

 
79.3

 

Total net sales
$
3,850.5

 
$
3,396.0

 
$
10,897.9

 
$
9,933.0

Operating profit
 
 
 
 
 
 
 
Consumer Foods
$
284.4

 
$
331.3

 
$
805.7

 
$
783.8

Commercial Foods
166.6

 
150.0

 
475.5

 
408.3

Ralcorp Food Group
3.6

 

 
3.6

 

Ralcorp Frozen Bakery Products
1.4

 

 
1.4

 

Total operating profit
$
456.0

 
$
481.3

 
$
1,286.2

 
$
1,192.1

Equity method investment earnings
 
 
 
 
 
 
 
Consumer Foods
$
0.7

 
$
1.1

 
$
1.3

 
$
4.0

Commercial Foods
11.3

 
11.5

 
31.1

 
26.3

Total equity method investment earnings
$
12.0

 
$
12.6

 
$
32.4

 
$
30.3

Operating profit plus equity method investment earnings
 
 
 
 
 
 
 
Consumer Foods
$
285.1

 
$
332.4

 
$
807.0

 
$
787.8

Commercial Foods
177.9

 
161.5

 
506.6

 
434.6

Ralcorp Food Group
3.6

 
$

 
$
3.6

 
$

Ralcorp Frozen Bakery Products
1.4

 
$

 
$
1.4

 
$

Total operating profit plus equity method investment earnings
$
468.0

 
$
493.9

 
$
1,318.6

 
$
1,222.4

General corporate expenses
$
196.0

 
$
51.4

 
$
242.6

 
$
257.7

Interest expense, net
70.6

 
49.7

 
173.3

 
153.2

Income tax expense
78.0

 
112.1

 
310.6

 
253.7

Income from continuing operations
$
123.4

 
$
280.7

 
$
592.1

 
$
557.8

Less: Net income attributable to noncontrolling interests
3.4

 
0.6

 
10.4

 
3.8

Income from continuing operations attributable to ConAgra Foods, Inc.
$
120.0

 
$
280.1

 
$
581.7

 
$
554.0


Allocation of Net Derivative Gains (Losses) from Economic Hedges of Forecasted Commodity Consumption and Foreign Currency Risk
The following table presents the net derivative gains (losses) from economic hedges of forecasted commodity consumption and the foreign currency risk of certain forecasted transactions, under this methodology:
 
 
Thirteen weeks ended
 
Thirty-nine weeks ended
 
February 24,
2013
 
February 26,
2012
 
February 24,
2013
 
February 26,
2012
Net derivative gains (losses) incurred
$
(12.2
)
 
$
22.9

 
$
96.0

 
$
(9.7
)
Less: Net derivative gains allocated to reporting segments
14.7

 
0.9

 
8.8

 
29.0

Net derivative gains (losses) recognized in general corporate expenses
$
(26.9
)
 
$
22.0

 
$
87.2

 
$
(38.7
)
Net derivative gains allocated to Consumer Foods
$
14.0

 
$
2.7

 
$
16.3

 
$
27.5

Net derivative gains (losses) allocated to Commercial Foods
0.7

 
(1.8
)
 
(7.5
)
 
1.5

Net derivative gains included in segment operating profit
$
14.7

 
$
0.9

 
$
8.8

 
$
29.0