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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 25, 2019
May 26, 2019
Current assets    
Cash and cash equivalents $ 64.7 $ 236.6
Receivables, less allowance for doubtful accounts of $2.1 and $2.2 776.3 818.2
Inventories 1,755.7 1,563.3
Prepaid expenses and other current assets 108.7 93.4
Current assets held for sale 22.6 22.3
Total current assets 2,728.0 2,733.8
Property, plant and equipment 4,997.0 4,952.1
Less accumulated depreciation (2,649.0) (2,595.8)
Property, plant and equipment, net 2,348.0 2,356.3
Goodwill 11,462.3 11,460.1
Brands, trademarks and other intangibles, net 4,524.8 4,559.5
Other assets 1,140.4 915.5
Noncurrent assets held for sale 151.0 188.6
Total assets 22,354.5 22,213.8
Current liabilities    
Notes payable 56.0 1.0
Current installments of long-term debt 150.1 20.6
Accounts payable 1,316.9 1,252.1
Accrued payroll 96.4 173.7
Other accrued liabilities 823.5 690.6
Total current liabilities 2,449.9 2,142.6
Senior long-term debt, excluding current installments 10,127.5 10,459.8
Subordinated debt 195.9 195.9
Other noncurrent liabilities 2,058.8 1,951.8
Total liabilities 14,837.7 14,750.1
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,229 2,921.2 2,921.2
Additional paid-in capital 2,277.5 2,286.0
Retained earnings 5,118.0 5,047.9
Accumulated other comprehensive loss (132.4) (110.3)
Less treasury stock, at cost, 97,565,076 and 98,133,747 common shares (2,744.2) (2,760.2)
Total Conagra Brands, Inc. common stockholders' equity 7,440.1 7,384.6
Noncontrolling interests 76.7 79.1
Total stockholders' equity 7,516.8 7,463.7
Total liabilities and stockholders' equity 22,354.5 22,213.8
Held-for-sale, not discontinued operations    
Current assets    
Current assets held for sale 1.2 0.9
Noncurrent assets held for sale 19.8 32.4
Current liabilities    
Current liabilities held for sale 7.0 $ 4.6
Noncurrent liabilities held for sale $ 5.6