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STOCKHOLDERS' EQUITY
3 Months Ended
Aug. 25, 2019
Equity [Abstract]  
STOCKHOLDERS' EQUITY

15. STOCKHOLDERS' EQUITY

The following table presents a reconciliation of our stockholders' equity accounts for the thirteen weeks ended August 25, 2019:

 

 

 

Conagra Brands, Inc. Stockholders' Equity

 

 

 

 

 

 

 

 

 

 

 

Common

Shares

 

 

Common

Stock

 

 

Additional

Paid-in

Capital

 

 

Retained

Earnings

 

 

Accumulated

Other

Comprehensive

Income (Loss)

 

 

Treasury

Stock

 

 

Noncontrolling

Interests

 

 

Total

Equity

 

Balance at May 26, 2019

 

 

584.2

 

 

$

2,921.2

 

 

$

2,286.0

 

 

$

5,047.9

 

 

$

(110.3

)

 

$

(2,760.2

)

 

$

79.1

 

 

$

7,463.7

 

Stock option and incentive plans

 

 

 

 

 

 

 

 

 

 

(8.5

)

 

 

(0.3

)

 

 

 

 

 

 

16.0

 

 

 

(0.2

)

 

 

7.0

 

Currency translation adjustment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(8.9

)

 

 

 

 

 

 

(2.7

)

 

 

(11.6

)

Derivative adjustment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1.8

)

 

 

 

 

 

 

 

 

 

 

(1.8

)

Activities of noncontrolling interests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.5

 

 

 

0.5

 

Pension and postretirement healthcare benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(11.4

)

 

 

 

 

 

 

 

 

 

 

(11.4

)

Dividends declared on common stock; $0.2125 per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(103.4

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(103.4

)

Net income attributable to Conagra Brands, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

173.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

173.8

 

Balance at August 25, 2019

 

 

584.2

 

 

$

2,921.2

 

 

$

2,277.5

 

 

$

5,118.0

 

 

$

(132.4

)

 

$

(2,744.2

)

 

$

76.7

 

 

$

7,516.8

 

The following table presents a reconciliation of our stockholders' equity accounts for the thirteen weeks ended August 26, 2018:

 

 

 

Conagra Brands, Inc. Stockholders' Equity

 

 

 

 

 

 

 

 

 

 

 

Common

Shares

 

 

Common

Stock

 

 

Additional

Paid-in

Capital

 

 

Retained

Earnings

 

 

Accumulated

Other

Comprehensive

Income (Loss)

 

 

Treasury

Stock

 

 

Noncontrolling

Interests

 

 

Total

Equity

 

Balance at May 27, 2018

 

 

567.9

 

 

$

2,839.7

 

 

$

1,180.0

 

 

$

4,744.9

 

 

$

(110.5

)

 

$

(4,977.9

)

 

$

80.4

 

 

$

3,756.6

 

Stock option and incentive plans

 

 

 

 

 

 

 

 

 

 

(14.1

)

 

 

0.5

 

 

 

 

 

 

 

23.3

 

 

 

0.1

 

 

 

9.8

 

Adoption of ASU 2016-01

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.6

 

 

 

(0.6

)

 

 

 

 

 

 

 

 

 

 

 

Adoption of ASU 2014-09

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.5

 

Currency translation adjustment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.7

)

 

 

 

 

 

 

(2.3

)

 

 

(3.0

)

Derivative adjustment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(43.4

)

 

 

 

 

 

 

 

 

 

 

(43.4

)

Activities of noncontrolling interests

 

 

 

 

 

 

 

 

 

 

(0.3

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

0.3

 

 

 

 

Pension and postretirement healthcare benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.5

)

 

 

 

 

 

 

 

 

 

 

(0.5

)

Dividends declared on common stock; $0.2125 per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(83.2

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(83.2

)

Net income attributable to Conagra Brands, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

178.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

178.2

 

Balance at August 26, 2018

 

 

567.9

 

 

$

2,839.7

 

 

$

1,165.6

 

 

$

4,841.5

 

 

$

(155.7

)

 

$

(4,954.6

)

 

$

78.5

 

 

$

3,815.0