BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)

3 Months Ended

Aug. 28, 2016

General corporate expense, net interest expense, and income taxes have been excluded from segment operations.



	Thirteen weeks ended
	August 28, 2016			August 30, 2015
Net sales
Grocery & Snacks	$	757.2		$	800.5
Refrigerated & Frozen	604.6			657.6
International	194.7			206.4
Foodservice	268.0			270.6
Commercial	843.0			859.8
Total net sales	$	2,667.5		$	2,794.9
Operating profit
Grocery & Snacks	$	180.5		$	139.5
Refrigerated & Frozen	92.2			81.1
International	(149.2		)	16.5
Foodservice	21.7			26.1
Commercial	346.4			111.8
Total operating profit	$	491.6		$	375.0
Equity method investment earnings	23.6			37.0
General corporate expense	49.0			79.3
Interest expense, net	59.0			80.3
Income tax expense	218.7			85.0
Income from continuing operations	$	188.5		$	167.4
Less: Net income attributable to noncontrolling interests	3.8			1.7
Income from continuing operations attributable to ConAgra Foods, Inc.	$	184.7		$	165.7

Schedule 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 28, 2016			August 30, 2015
Net derivative gains (losses) incurred	$	0.2		$	(9.3	)
Less: Net derivative losses allocated to reporting segments	(0.8		)	(7.1		)
Net derivative gains (losses) recognized in general corporate expenses	$	1.0		$	(2.2	)
Net derivative losses allocated to Grocery & Snacks	$	(0.5	)	$	(4.2	)
Net derivative losses allocated to Refrigerated & Frozen	(0.2		)	(1.6		)
Net derivative gains allocated to International Foods	0.1			—
Net derivative losses allocated to Foodservice	(0.3		)	(0.6		)
Net derivative gains (losses) allocated to Commercial	0.1			(0.7		)
Net derivative losses included in segment operating profit	$	(0.8	)	$	(7.1	)