RESTRUCTURING ACTIVITIES (Tables)

3 Months Ended

Aug. 29, 2021

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 first quarter of fiscal 2022):

	Grocery & Snacks		Refrigerated & Frozen		International		Corporate		Total
Accelerated depreciation	$	7.6	$	4.6	$	—	$	—	$	12.2
Other cost of goods sold		3.8		7.1		0.7		—		11.6
Total cost of goods sold		11.4		11.7		0.7		—		23.8
Severance and related costs		—		3.5		1.5		112.2		117.2
Asset impairment (net of gains on disposal)		30.3		4.0		—		2.6		36.9
Accelerated depreciation		—		—		—		7.4		7.4
Contract/lease termination		7.7		8.2		0.8		16.1		32.8
Consulting/professional fees		1.0		—		0.8		105.7		107.5
Other selling, general and administrative expenses		5.9		4.5		0.3		20.7		31.4
Total selling, general and administrative expenses		44.9		20.2		3.4		264.7		333.2
Consolidated total	$	56.3	$	31.9	$	4.1	$	264.7	$	357.0

During the first quarter of fiscal 2022, we recognized the following pre-tax expenses for the Pinnacle Integration Restructuring Plan:

We recognized the following cumulative (plan inception to August 29, 2021) pre-tax expenses for the Pinnacle Integration Restructuring Plan in our Condensed Consolidated Statement of Earnings:

	Grocery & Snacks		Refrigerated & Frozen		International		Corporate		Total
Accelerated depreciation	$	0.6	$	4.6	$	—	$	—	$	5.2
Other cost of goods sold		2.3		3.0		0.7		—		6.0
Total cost of goods sold		2.9		7.6		0.7		—		11.2
Severance and related costs		—		3.4		1.5		112.2		117.1
Asset impairment (net of gains on disposal)		0.3		4.0		—		2.6		6.9
Accelerated depreciation		—		—		—		7.4		7.4
Contract/lease termination		1.8		—		0.8		16.1		18.7
Consulting/professional fees		0.8		—		0.8		95.2		96.8
Other selling, general and administrative expenses		2.9		1.9		0.3		17.8		22.9
Total selling, general and administrative expenses		5.8		9.3		3.4		251.3		269.8
Consolidated total	$	8.7	$	16.9	$	4.1	$	251.3	$	281.0

Schedule of Liabilities Recorded for the Restructuring Plan

Liabilities recorded for the Pinnacle Integration Restructuring Plan and changes therein for the first quarter of fiscal 2022 were as follows:

	Balance at May 30, 2021		Costs Incurred and Charged to Expense		Costs Paid or Otherwise Settled			Changes in Estimates			Balance at August 29, 2021
Severance and related costs	$	5.1	$	—	$	(0.9	)	$	(0.2	)	$	4.0
Contract/lease termination		—		0.2		(0.2	)		—			—
Consulting/professional fees		3.9		5.8		(5.3	)		—			4.4
Other costs		—		1.5		(1.5	)		—			—
Total	$	9.0	$	7.5	$	(7.9	)	$	(0.2	)	$	8.4

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 first quarter of fiscal 2022):

	Grocery & Snacks		Refrigerated & Frozen		International		Foodservice		Corporate		Total
Accelerated depreciation	$	34.7	$	39.1	$	—	$	—	$	—	$	73.8
Other cost of goods sold		8.9		1.3		—		—		—		10.2
Total cost of goods sold		43.6		40.4		—		—		—		84.0
Severance and related costs		12.6		1.1		1.1		0.3		2.6		17.7
Asset impairment (net of gains on disposal)		26.9		0.3		0.1		—		—		27.3
Contract/lease termination		0.1		—		—		—		0.2		0.3
Consulting/professional fees		—		—		—		—		0.9		0.9
Other selling, general and administrative expenses		11.1		2.6		—		—		0.2		13.9
Total selling, general and administrative expenses		50.7		4.0		1.2		0.3		3.9		60.1
Total	$	94.3	$	44.4	$	1.2	$	0.3	$	3.9	$	144.1
Pension and postretirement non-service income												0.6
Consolidated total											$	144.7

During the first quarter of fiscal 2022, we recognized the following pre-tax expenses for the Conagra Restructuring Plan:

We recognized the following cumulative (plan inception to August 29, 2021) pre-tax expenses for the Conagra Restructuring Plan in our Condensed Consolidated Statement of Earnings:

Schedule of Liabilities Recorded for the Restructuring Plan

Liabilities recorded for the Conagra Restructuring Plan and changes therein for the first quarter of fiscal 2022 were as follows:

	Balance at May 30, 2021		Costs Incurred and Charged to Expense		Costs Paid or Otherwise Settled			Changes in Estimates			Balance at August 29, 2021
Severance and related costs	$	9.7	$	2.3	$	(0.7	)	$	(1.3	)	$	10.0
Other costs		—		1.4		(1.4	)		—			—
Total	$	9.7	$	3.7	$	(2.1	)	$	(1.3	)	$	10.0