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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Feb. 24, 2013
Feb. 26, 2012
Cash flows from operating activities:    
Net income $ 592.1 $ 557.9
Income from discontinued operations 0 0.1
Income from continuing operations 592.1 557.8
Adjustments to reconcile income from continuing operations to net cash flows from operating activities:    
Depreciation and amortization 299.2 277.1
Asset impairment charges 19.8 7.9
Gain on acquisition of controlling interest in Agro Tech Foods Ltd. 0 (58.7)
Earnings of affiliates in excess of distributions (11.8) (11.0)
Share-based payments expense 52.8 35.2
Contributions to pension plans (14.7) (77.0)
Pension expense 16.5 18.6
Other items (37.6) (1.7)
Change in operating assets and liabilities excluding effects of business acquisitions and dispositions:    
Accounts receivable (12.9) (54.6)
Inventory (234.9) (170.5)
Deferred income taxes and income taxes payable, net 68.6 91.9
Prepaid expenses and other current assets (32.7) (7.9)
Accounts payable 43.9 98.0
Accrued payroll 88.1 46.9
Other accrued liabilities (54.7) 24.5
Net cash flows from operating activities — continuing operations 781.7 776.5
Net cash flows from operating activities — discontinued operations 0 2.9
Net cash flows from operating activities 781.7 779.4
Cash flows from investing activities:    
Additions to property, plant and equipment (289.1) (239.1)
Sale of property, plant and equipment 7.6 7.5
Purchase of businesses, net of cash acquired (5,017.7) (306.6)
Purchase of intangible assets 0 (62.5)
Other (1.8) 0
Net cash flows from investing activities (5,301.0) (600.7)
Cash flows from financing activities:    
Net short-term borrowings (38.9) 3.0
Issuance of long-term debt 6,217.7 0
Debt issuance costs (56.6) 0
Repayment of long-term debt (911.8) (355.6)
Issuance of ConAgra Foods, Inc. common shares 269.3 0
Repurchase of ConAgra Foods, Inc. common shares (245.0) (100.2)
Cash dividends paid (296.6) (288.8)
Exercise of stock options and issuance of other stock awards 197.2 199.3
Other items 2.2 1.0
Net cash flows from financing activities 5,137.5 (541.3)
Effect of exchange rate changes on cash and cash equivalents 2.6 (5.6)
Net change in cash and cash equivalents 620.8 (368.2)
Cash and cash equivalents at beginning of period 103.0 972.4
Cash and cash equivalents at end of period $ 723.8 $ 604.2