BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)

12 Months Ended

May 29, 2016

Segment Reporting [Abstract]

Segment operations

	2016		2015		2014
Net sales
Consumer Foods	$	7,225.1	$	7,565.3	$	7,596.3
Commercial Foods	4,417.8		4,371.7		4,241.9
Total net sales	$	11,642.9	$	11,937.0	$	11,838.2
Operating profit
Consumer Foods	$	1,087.6	$	1,068.0	$	900.5
Commercial Foods	633.2		566.2		533.5
Total operating profit	$	1,720.8	$	1,634.2	$	1,434.0
Equity method investment earnings
Consumer Foods	$	3.2	$	3.0	$	2.8
Commercial Foods	134.6		119.1		29.7
Total equity method investment earnings	$	137.8	$	122.1	$	32.5
Operating profit plus equity method investment earnings
Consumer Foods	$	1,090.8	$	1,071.0	$	903.3
Commercial Foods	767.8		685.3		563.2
Total operating profit plus equity method investment earnings	$	1,858.6	$	1,756.3	$	1,466.5
General corporate expenses	$	839.4	$	303.9	$	285.5
Interest expense, net	297.8		330.0		377.5
Income tax expense	225.4		362.1		178.3
Income from continuing operations	$	496.0	$	760.3	$	625.2
Less: Net income attributable to noncontrolling interests	11.1		11.8		12.0
Income from continuing operations attributable to ConAgra Foods, Inc.	$	484.9	$	748.5	$	613.2
Identifiable assets
Consumer Foods	$	7,811.3	$	7,792.7	$	7,917.4
Commercial Foods	3,770.9		3,678.1		2,954.3
Corporate	1,465.6		632.2		591.2
Held for Sale	342.8		5,334.8		7,778.6
Total identifiable assets	$	13,390.6	$	17,437.8	$	19,241.5
Additions to property, plant and equipment
Consumer Foods	$	198.8	$	133.7	$	183.5
Commercial Foods	151.1		117.4		205.6
Corporate	79.9		100.1		72.0
Total additions to property, plant and equipment	$	429.8	$	351.2	$	461.1
Depreciation and amortization
Consumer Foods	$	210.4	$	209.0	$	191.4
Commercial Foods	102.5		105.3		98.8
Corporate	61.0		66.1		64.4
Total depreciation and amortization	$	373.9	$	380.4	$	354.6

Net sales by product type segment

Net sales by product type within each segment were:

	2016		2015		2014
Net sales
Consumer Foods:
Grocery	$	3,382.0	$	3,503.7	$	4,182.1
Frozen	2,867.4		2,985.5		2,288.1
International	874.8		970.8		1,010.7
Other Brands	100.9		105.3		115.4
Total Consumer Foods	$	7,225.1	$	7,565.3	$	7,596.3
Commercial Foods:
Specialty Potatoes	$	2,968.1	$	2,892.4	$	2,792.7
Foodservice	1,449.7		1,479.3		1,449.2
Total Commercial Foods	$	4,417.8	$	4,371.7	$	4,241.9
Total net sales	$	11,642.9	$	11,937.0	$	11,838.2

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:

	2016			2015			2014
Net derivative gains (losses) incurred	$	(12.1	)	$	(79.3	)	$	21.2
Less: Net derivative losses allocated to reporting segments	(30.2		)	(46.6		)	(1.6		)
Net derivative gains (losses) recognized in general corporate expenses	$	18.1		$	(32.7	)	$	22.8
Net derivative losses allocated to Consumer Foods	$	(21.1	)	$	(41.9	)	$	(5.9	)
Net derivative gains (losses) allocated to Commercial Foods	(9.1		)	(4.7		)	4.3
Net derivative losses included in segment operating profit	$	(30.2	)	$	(46.6	)	$	(1.6	)