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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 28, 2016
May 29, 2016
Current assets    
Cash and cash equivalents $ 794.6 $ 834.5
Receivables, less allowance for doubtful accounts of $4.8 and $3.7 847.0 836.6
Inventories 1,637.9 1,582.1
Prepaid expenses and other current assets 127.6 206.5
Current assets held for sale 0.0 117.0
Total current assets 3,407.1 3,576.7
Property, plant and equipment 6,291.6 6,209.2
Less accumulated depreciation (3,554.8) (3,498.9)
Property, plant and equipment, net 2,736.8 2,710.3
Goodwill 4,390.6 4,530.1
Brands, trademarks and other intangibles, net 1,243.5 1,276.8
Other assets 1,052.1 1,067.2
Noncurrent assets held for sale 5.8 229.5
Total assets 12,835.9 13,390.6
Current liabilities    
Notes payable 35.1 38.8
Current installments of long-term debt 487.6 571.4
Accounts payable 992.9 945.4
Accrued payroll 124.9 271.1
Other accrued liabilities 724.3 651.0
Current liabilities held for sale 0.0 54.7
Total current liabilities 2,364.8 2,532.4
Senior long-term debt, excluding current installments 4,255.5 4,721.9
Subordinated debt 195.9 195.9
Other noncurrent liabilities 2,220.1 2,144.1
Noncurrent liabilities held for sale 0.0 1.5
Total liabilities 9,036.3 9,595.8
Commitments and contingencies (Note 12)
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 567,907,172 2,839.7 2,839.7
Additional paid-in capital 1,144.3 1,136.3
Retained earnings 3,290.7 3,218.3
Accumulated other comprehensive loss (363.5) (344.5)
Less treasury stock, at cost, 130,137,508 and 129,842,206 common shares (3,192.9) (3,136.2)
Total ConAgra Foods, Inc. common stockholders' equity 3,718.3 3,713.6
Noncontrolling interests 81.3 81.2
Total stockholders' equity 3,799.6 3,794.8
Total liabilities and stockholders' equity $ 12,835.9 $ 13,390.6