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STOCKHOLDERS' EQUITY
6 Months Ended
Nov. 24, 2019
Equity [Abstract]  
STOCKHOLDERS' EQUITY

15. STOCKHOLDERS' EQUITY

The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six weeks ended November 24, 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

 

Stock option and incentive plans

 

 

 

 

 

 

 

 

 

 

9.4

 

 

 

(0.4

)

 

 

 

 

 

 

4.5

 

 

 

 

 

 

 

13.5

 

Currency translation adjustment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.5

 

 

 

 

 

 

 

 

 

 

 

3.5

 

Derivative adjustment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1.4

)

 

 

 

 

 

 

 

 

 

 

(1.4

)

Activities of noncontrolling interests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.8

 

 

 

1.8

 

Pension and postretirement healthcare benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.7

)

 

 

 

 

 

 

 

 

 

 

(0.7

)

Dividends declared on common stock; $0.2125 per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(103.4

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(103.4

)

Net income attributable to Conagra Brands, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

260.5

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

260.5

 

Balance at November 24, 2019

 

 

584.2

 

 

$

2,921.2

 

 

$

2,286.9

 

 

$

5,274.7

 

 

$

(131.0

)

 

$

(2,739.7

)

 

$

78.5

 

 

$

7,690.6

 

The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six weeks ended November 25, 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

 

Stock option and incentive plans

 

 

 

 

 

 

 

 

 

 

2.2

 

 

 

0.1

 

 

 

 

 

 

 

3.7

 

 

 

 

 

 

 

6.0

 

Currency translation adjustment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(14.8

)

 

 

 

 

 

 

(0.9

)

 

 

(15.7

)

Issuance of treasury shares

 

 

 

 

 

 

 

 

 

 

638.2

 

 

 

 

 

 

 

 

 

 

 

2,178.1

 

 

 

 

 

 

 

2,816.3

 

Issuance of common stock

 

 

16.3

 

 

 

81.5

 

 

 

474.2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

555.7

 

Derivative adjustment, net

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

79.2

 

 

 

 

 

 

 

 

 

 

 

79.2

 

Activities of noncontrolling interests

 

 

 

 

 

 

 

 

 

 

0.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.6

 

 

 

2.2

 

Pension and postretirement healthcare benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(0.2

)

 

 

 

 

 

 

 

 

 

 

(0.2

)

Dividends declared on common stock; $0.2125 per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(86.8

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(86.8

)

Net income attributable to Conagra Brands, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

131.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

131.6

 

Balance at November 25, 2018

 

 

584.2

 

 

$

2,921.2

 

 

$

2,280.8

 

 

$

4,886.4

 

 

$

(91.5

)

 

$

(2,772.8

)

 

$

79.2

 

 

$

7,303.3