STOCKHOLDERS' EQUITY

9 Months Ended

Feb. 28, 2021

13. STOCKHOLDERS' EQUITY

The following table presents a reconciliation of our stockholders' equity accounts for the thirty-nine weeks ended February 28, 2021:

	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 31, 2020		584.2	$	2,921.2	$	2,323.2		$	5,471.2		$	(109.6	)	$	(2,729.9	)	$	74.6		$	7,950.7
Stock option and incentive plans						(25.4	)		(0.7	)					33.5						7.4
Adoption of ASU 2016-13									(1.1	)											(1.1	)
Currency translation adjustments												15.3						2.2			17.5
Derivative adjustments												(1.2	)								(1.2	)
Activities of noncontrolling interests																	0.8				0.8
Pension and postretirement healthcare benefits												(0.3	)								(0.3	)
Dividends declared on common stock; $0.2125 per share									(103.8	)											(103.8	)
Net income attributable to Conagra Brands, Inc.									329.0												329.0
Balance at August 30, 2020		584.2	$	2,921.2	$	2,297.8		$	5,694.6		$	(95.8	)	$	(2,696.4	)	$	77.6		$	8,199.0
Stock option and incentive plans						14.2			(0.4	)					1.6						15.4
Currency translation adjustments												11.4						(0.7	)		10.7
Derivative adjustments												(0.1	)								(0.1	)
Activities of noncontrolling interests																		0.6			0.6
Pension and postretirement healthcare benefits												(0.6	)								(0.6	)
Dividends declared on common stock; $0.275 per share									(134.4	)											(134.4	)
Net income attributable to Conagra Brands, Inc.									378.9												378.9
Balance at November 29, 2020		584.2	$	2,921.2	$	2,312.0		$	5,938.7		$	(85.1	)	$	(2,694.8	)	$	77.5		$	8,469.5
Stock option and incentive plans						7.1			(0.5	)					3.4		0.2				10.2
Currency translation adjustments												0.1									0.1
Repurchase of common shares															(298.1	)					(298.1	)
Derivative adjustments												(0.1	)								(0.1	)
Activities of noncontrolling interests																		0.3			0.3
Pension and postretirement healthcare benefits												(0.6	)								(0.6	)
Dividends declared on common stock; $0.275 per share									(132.9	)											(132.9	)
Net income attributable to Conagra Brands, Inc.									281.4												281.4
Balance at February 28, 2021		584.2	$	2,921.2	$	2,319.1		$	6,086.7		$	(85.7	)	$	(2,989.5	)	$	78.0		$	8,329.8

The following table presents a reconciliation of our stockholders' equity accounts for the thirty-nine weeks ended February 23, 2020:

	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 adjustments												(8.9	)					(2.7	)		(11.6	)
Derivative adjustments												(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 adjustments												3.5									3.5
Derivative adjustments												(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
Stock option and incentive plans						6.1			(0.3	)					7.3		0.2				13.3
Currency translation adjustments												3.9						(0.1	)		3.8
Derivative adjustments												(0.9	)								(0.9	)
Activities of noncontrolling interests																		0.3			0.3
Pension and postretirement healthcare benefits												56.0									56.0
Dividends declared on common stock; $0.2125 per share									(103.6	)											(103.6	)
Net income attributable to Conagra Brands, Inc.									204.4												204.4
Balance at February 23, 2020		584.2	$	2,921.2	$	2,293.0		$	5,375.2		$	(72.0	)	$	(2,732.4	)	$	78.9		$	7,863.9