RESTRUCTURING ACTIVITIES (Tables)

6 Months Ended

Nov. 29, 2020

Pinnacle Integration Restructuring Plan

Restructuring Cost And Reserve [Line Items]

Schedule of Pre-Tax Expenses in Association with the Restructuring Plan

We anticipate that we will recognize the following pre-tax expenses in association with the Pinnacle Integration Restructuring Plan (amounts include charges recognized from plan inception through the second quarter of fiscal 2021):

	Grocery & Snacks		Refrigerated & Frozen		International		Corporate		Total
Accelerated depreciation	$	8.7	$	6.0	$	—	$	—	$	14.7
Other cost of goods sold		4.3		7.2		0.7		—		12.2
Total cost of goods sold		13.0		13.2		0.7		—		26.9
Severance and related costs		—		4.4		1.5		113.6		119.5
Asset impairment (net of gains on disposal)		32.3		3.8		—		2.6		38.7
Accelerated depreciation		—		—		—		7.4		7.4
Contract/lease termination		8.3		4.7		0.8		16.3		30.1
Consulting/professional fees		1.0		—		0.8		103.0		104.8
Other selling, general and administrative expenses		5.8		4.2		0.3		22.3		32.6
Total selling, general and administrative expenses		47.4		17.1		3.4		265.2		333.1
Consolidated total	$	60.4	$	30.3	$	4.1	$	265.2	$	360.0

During the second quarter of fiscal 2021, we recognized the following pre-tax expenses for the Pinnacle Integration Restructuring Plan:

	Grocery & Snacks		Refrigerated & Frozen			Corporate			Total
Accelerated depreciation	$	—	$	0.8		$	—		$	0.8
Other cost of goods sold		—		0.2			—			0.2
Total cost of goods sold		—		1.0			—			1.0
Severance and related costs		—		—			(0.7	)		(0.7	)
Asset impairment (net of gains on disposal)		0.1		—			—			0.1
Contract/lease termination		1.8		—			0.4			2.2
Consulting/professional fees		0.1		—			5.1			5.2
Other selling, general and administrative expenses		2.5		(0.5	)		0.4			2.4
Total selling, general and administrative expenses		4.5		(0.5	)		5.2			9.2
Consolidated total	$	4.5	$	0.5		$	5.2		$	10.2

During the first half of fiscal 2021, we recognized the following pre-tax expenses for the Pinnacle Integration Restructuring Plan:

	Grocery & Snacks		Refrigerated & Frozen		Corporate			Total
Accelerated depreciation	$	—	$	1.4	$	—		$	1.4
Other cost of goods sold		0.5		0.2		—			0.7
Total cost of goods sold		0.5		1.6		—			2.1
Severance and related costs		—		0.1		(1.5	)		(1.4	)
Asset impairment (net of gains on disposal)		0.1		—		(0.3	)		(0.2	)
Contract/lease termination		1.8		—		0.6			2.4
Consulting/professional fees		0.4		—		11.3			11.7
Other selling, general and administrative expenses		2.6		0.5		1.1			4.2
Total selling, general and administrative expenses		4.9		0.6		11.2			16.7
Consolidated total	$	5.4	$	2.2	$	11.2		$	18.8

We recognized the following cumulative (plan inception to November 29, 2020) pre-tax expenses for the Pinnacle Integration Restructuring Plan in our Condensed Consolidated Statement of Operations:

	Grocery & Snacks		Refrigerated & Frozen		International		Corporate		Total
Accelerated depreciation	$	0.6	$	3.5	$	—	$	—	$	4.1
Other cost of goods sold		2.3		1.7		0.7		—		4.7
Total cost of goods sold		2.9		5.2		0.7		—		8.8
Severance and related costs		—		4.4		1.5		113.6		119.5
Asset impairment (net of gains on disposal)		0.3		3.8		—		2.6		6.7
Accelerated depreciation		—		—		—		7.4		7.4
Contract/lease termination		1.8		—		0.8		15.7		18.3
Consulting/professional fees		0.6		—		0.8		78.6		80.0
Other selling, general and administrative expenses		2.6		0.6		0.3		16.6		20.1
Total selling, general and administrative expenses		5.3		8.8		3.4		234.5		252.0
Consolidated total	$	8.2	$	14.0	$	4.1	$	234.5	$	260.8

Schedule of Liabilities Recorded for the Restructuring Plan

Liabilities recorded for the Pinnacle Integration Restructuring Plan and changes therein for the first half of fiscal 2021 were as follows:

	Balance at May 31, 2020		Costs Incurred and Charged to Expense		Costs Paid or Otherwise Settled			Changes in Estimates			Balance at November 29, 2020
Severance and related costs	$	23.6	$	0.1	$	(10.2	)	$	(1.5	)	$	12.0
Contract termination		0.5		2.4		(2.4	)		—			0.5
Consulting/professional fees		7.5		11.7		(15.0	)		—			4.2
Other costs		—		4.9		(4.9	)		—			—
Total	$	31.6	$	19.1	$	(32.5	)	$	(1.5	)	$	16.7

Conagra Restructuring Plan

Restructuring Cost And Reserve [Line Items]

Schedule of Pre-Tax Expenses in Association with the Restructuring Plan

We anticipate that we will recognize the following pre-tax expenses in association with the Conagra Restructuring Plan (amounts include charges recognized from plan inception through the second quarter of fiscal 2021):

	Grocery & Snacks		Refrigerated & Frozen		International		Corporate		Total
Accelerated depreciation	$	37.0	$	45.4	$	—	$	—	$	82.4
Other cost of goods sold		8.9		2.1		—		—		11.0
Total cost of goods sold		45.9		47.5		—		—		93.4
Severance and related costs		12.1		1.8		1.1		1.5		16.5
Asset impairment (net of gains on disposal)		28.0		0.3		0.1		—		28.4
Contract/lease termination		0.2		—		—		0.1		0.3
Consulting/professional fees		—		—		—		1.1		1.1
Other selling, general and administrative expenses		11.5		4.3		—		0.1		15.9
Total selling, general and administrative expenses		51.8		6.4		1.2		2.8		62.2
Total	$	97.7	$	53.9	$	1.2	$	2.8	$	155.6
Pension and postretirement non-service income										0.6
Consolidated total									$	156.2

During the second quarter of fiscal 2021, we recognized the following pre-tax expenses for the Conagra Restructuring Plan:

	Grocery & Snacks		Refrigerated & Frozen		Corporate		Total
Accelerated depreciation	$	1.9	$	6.6	$	—	$	8.5
Total cost of goods sold		1.9		6.6		—		8.5
Severance and related costs		0.5		—		0.5		1.0
Asset impairment (net of gains on disposal)		—		0.1		—		0.1
Other selling, general and administrative expenses		0.9		—		—		0.9
Total selling, general and administrative expenses		1.4		0.1		0.5		2.0
Total	$	3.3	$	6.7	$	0.5	$	10.5

During the first half of fiscal 2021, we recognized the following pre-tax expenses for the Conagra Restructuring Plan:

	Grocery & Snacks		Refrigerated & Frozen		International			Corporate		Total
Accelerated depreciation	$	4.9	$	10.6	$	—		$	—	$	15.5
Other cost of goods sold		2.3		—		—			—		2.3
Total cost of goods sold		7.2		10.6		—			—		17.8
Severance and related costs		3.6		—		(0.1	)		0.8		4.3
Asset impairment (net of gains on disposal)		3.0		0.1		—			—		3.1
Other selling, general and administrative expenses		2.5		—		—			0.1		2.6
Total selling, general and administrative expenses		9.1		0.1		(0.1	)		0.9		10.0
Total	$	16.3	$	10.7	$	(0.1	)	$	0.9	$	27.8

We recognized the following cumulative (plan inception to November 29, 2020) pre-tax expenses for the Conagra Restructuring Plan in our Condensed Consolidated Statement of Operations:

	Grocery & Snacks		Refrigerated & Frozen		International		Corporate		Total
Accelerated depreciation	$	29.0	$	14.8	$	—	$	—	$	43.8
Other cost of goods sold		4.8		0.2		—		—		5.0
Total cost of goods sold		33.8		15.0		—		—		48.8
Severance and related costs		8.3		1.8		1.1		1.5		12.7
Asset impairment (net of gains on disposal)		28.0		0.3		0.1		—		28.4
Contract/lease termination		—		—		—		0.1		0.1
Other selling, general and administrative expenses		3.4		0.3		—		0.1		3.8
Total selling, general and administrative expenses		39.7		2.4		1.2		1.7		45.0
Total	$	73.5	$	17.4	$	1.2	$	1.7	$	93.8
Pension and postretirement non-service income										0.6
Consolidated total									$	94.4

Schedule of Liabilities Recorded for the Restructuring Plan

Liabilities recorded for the Conagra Restructuring Plan and changes therein for the first half of fiscal 2021 were as follows:

	Balance at May 31, 2020		Costs Incurred and Charged to Expense		Costs Paid or Otherwise Settled			Changes in Estimates			Balance at November 29, 2020
Severance and related costs	$	6.5	$	4.4	$	(3.3	)	$	(0.1	)	$	7.5
Other costs		—		2.6		(2.6	)		—			—
Total	$	6.5	$	7.0	$	(5.9	)	$	(0.1	)	$	7.5