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EARNINGS PER SHARE (Tables)
12 Months Ended
May 30, 2021
Earnings Per Share [Abstract]  
Reconciliation of Income and Average Share Amounts Used to Compute Basic and Diluted Earnings Per Share

The following table reconciles the income and average share amounts used to compute both basic and diluted earnings per share:

 

 

 

2021

 

 

2020

 

 

2019

 

Net income attributable to Conagra Brands, Inc. common stockholders:

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations attributable to Conagra Brands, Inc. common stockholders

 

$

1,298.8

 

 

$

840.1

 

 

$

680.2

 

Loss from discontinued operations, net of tax, attributable to Conagra Brands, Inc. common stockholders

 

 

 

 

 

 

 

 

(1.9

)

Net income attributable to Conagra Brands, Inc. common stockholders

 

$

1,298.8

 

 

$

840.1

 

 

$

678.3

 

Weighted average shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares outstanding

 

 

485.8

 

 

 

487.3

 

 

 

444.0

 

Add: Dilutive effect of stock options, restricted stock unit awards, and other dilutive securities

 

 

2.0

 

 

 

1.3

 

 

 

1.6

 

Diluted weighted average shares outstanding

 

 

487.8

 

 

 

488.6

 

 

 

445.6