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QUARTERLY FINANCIAL DATA (Unaudited)
 12 Months Ended
May 29, 2016
Quarterly Financial Information Disclosure [Abstract]  
QUARTERLY FINANCIAL DATA (Unaudited)
QUARTERLY FINANCIAL DATA (Unaudited)
 
2016
 
2015
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Net sales
$
2,796.2

 
$
3,095.1

 
$
2,924.1

 
$
2,827.5

 
$
2,765.5

 
$
3,138.7

 
$
2,907.3

 
$
3,125.5

Gross profit
701.0

 
828.5

 
800.4

 
760.9

 
591.3

 
757.7

 
720.0

 
806.6

Income (loss) from continuing operations, net of tax
167.4

 
166.1

 
187.6

 
(25.1
)
 
95.4

 
218.1

 
212.3

 
234.5

Income (loss) from discontinued operations, net of tax
(1,319.8
)
 
(6.8
)
 
18.7

 
146.0

 
389.1

 
(202.2
)
 
(1,165.0
)
 
(23.0
)
Net income (loss) attributable to ConAgra Foods, Inc.
(1,154.1
)
 
154.9

 
204.6

 
117.6

 
482.3

 
10.0

 
(954.1
)
 
209.2

Earnings per share (1):
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to ConAgra Foods, Inc. common stockholders
$
(2.68
)
 
$
0.36

 
$
0.46

 
$
0.27

 
$
1.14

 
$
0.02

 
$
(2.23
)
 
$
0.49

Diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to ConAgra Foods, Inc. common stockholders
$
(2.65
)
 
$
0.35

 
$
0.46

 
$
0.27

 
$
1.12

 
$
0.02

 
$
(2.21
)
 
$
0.48

Dividends declared per common share
$
0.25

 
$
0.25

 
$
0.25

 
$
0.25

 
$
0.25

 
$
0.25

 
$
0.25

 
$
0.25

Share price:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
High
$
45.49

 
$
42.75

 
$
42.70

 
$
46.43

 
$
32.85

 
$
35.65

 
$
37.29

 
$
38.90

Low
37.42

 
38.84

 
38.70

 
42.06

 
28.73

 
31.87

 
33.57

 
33.58

(1) 
Basic and diluted earnings per share are calculated independently for each of the quarters presented. Accordingly, the sum of the quarterly earnings per share amounts may not agree with the total year.