ACQUISITIONS (Tables)

3 Months Ended

Aug. 25, 2019

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

The following table summarizes our current allocation of the total purchase consideration to the estimated fair values of the assets acquired and liabilities assumed at the acquisition date.

	October 26, 2018
Cash and cash equivalents	$	47.2
Receivables		202.8
Inventories		648.8
Prepaid expenses and other current assets		14.9
Property, plant and equipment		721.0
Goodwill		7,020.9
Brands, trademarks and other intangibles		3,519.5
Other assets		24.3
Current liabilities		(605.5	)
Senior long-term debt, excluding current installments		(2,671.3	)
Noncurrent deferred tax liabilities		(812.3	)
Other noncurrent liabilities		(76.3	)
Total assets acquired and liabilities assumed	$	8,034.0

Business Acquisition, Pro Forma Information

The following unaudited pro forma financial information presents the combined results of operations as if the acquisition of Pinnacle had occurred on May 29, 2017, the beginning of fiscal year 2018. These unaudited pro forma results may not necessarily reflect the actual results of operations that would have been achieved, nor are they necessarily indicative of future results of operations.

	Thirteen weeks ended
	August 26, 2018
Pro forma net sales	$	2,557.1
Pro forma net income attributable to Conagra Brands, Inc.	$	206.3