BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)

3 Months Ended

Aug. 30, 2015

Segment Reporting [Abstract]

Segment operations

Intersegment sales have been recorded at amounts approximating market. Operating profit for each of the segments is based on net sales less all identifiable operating expenses. General corporate expense, net interest expense, and income taxes have been excluded from segment operations.

	Thirteen Weeks Ended
	August 30, 2015		August 24, 2014
Net sales
Consumer Foods	$	1,697.2	$	1,703.0
Commercial Foods	1,096.6		1,060.0
Total net sales	$	2,793.8	$	2,763.0
Operating profit
Consumer Foods	$	241.5	$	193.1
Commercial Foods	138.8		118.9
Total operating profit	$	380.3	$	312.0
Equity method investment earnings
Consumer Foods	$	0.7	$	0.3
Commercial Foods	36.3		25.3
Total equity method investment earnings	$	37.0	$	25.6
Operating profit plus equity method investment earnings
Consumer Foods	$	242.2	$	193.4
Commercial Foods	175.1		144.2
Total operating profit plus equity method investment earnings	$	417.3	$	337.6
General corporate expense	$	84.9	$	115.0
Interest expense, net	80.3		83.3
Income tax expense	84.9		43.1
Income from continuing operations	$	167.2	$	96.2
Less: Net income attributable to noncontrolling interests	1.7		2.2
Income from continuing operations attributable to ConAgra Foods, Inc.	$	165.5	$	94.0

Allocation of net derivative gains (losses) from economic hedges of forecasted commodity consumption and foreign currency risk

The following table presents the net derivative gains (losses) from economic hedges of forecasted commodity consumption and the foreign currency risk of certain forecasted transactions, under this methodology:

	Thirteen Weeks Ended
	August 30, 2015			August 24, 2014
Net derivative losses incurred	$	(9.3	)	$	(26.5	)
Less: Net derivative gains (losses) allocated to reporting segments	(7.1		)	6.8
Net derivative losses recognized in general corporate expenses	$	(2.2	)	$	(33.3	)
Net derivative gains (losses) allocated to Consumer Foods	$	(6.1	)	$	3.7
Net derivative gains (losses) allocated to Commercial Foods	(1.0		)	3.1
Net derivative gains (losses) included in segment operating profit	$	(7.1	)	$	6.8