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BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)
6 Months Ended
Nov. 27, 2016
Segment Reporting [Abstract]  
Schedule of Segment Operations
General corporate expense, net interest expense, and income taxes have been excluded from segment operations.
 
Thirteen weeks ended
 
Twenty-six weeks ended
 
November 27,
2016
 
November 29,
2015
 
November 27,
2016
 
November 29,
2015
Net sales
 
 
 
 
 
 
 
Grocery & Snacks
$
853.9

 
$
906.1

 
$
1,611.1

 
$
1,706.6

Refrigerated & Frozen
740.0

 
826.8

 
1,344.6

 
1,484.4

International
211.4

 
221.3

 
406.1

 
427.7

Foodservice
283.1

 
285.0

 
551.1

 
555.6

Commercial

 
119.6

 
71.1

 
237.5

Total net sales
$
2,088.4

 
$
2,358.8

 
$
3,984.0

 
$
4,411.8

Operating profit
 
 
 
 
 
 
 
Grocery & Snacks
$
220.3

 
$
185.7

 
$
400.8

 
$
325.2

Refrigerated & Frozen
117.9

 
123.8

 
210.1

 
204.9

International
(26.7
)
 
20.1

 
(175.9
)
 
36.6

Foodservice
31.9

 
20.4

 
53.6

 
46.6

Commercial
(0.5
)
 
13.0

 
202.8

 
25.1

Total operating profit
$
342.9

 
$
363.0

 
$
691.4

 
$
638.4

Equity method investment earnings
17.2

 
17.6

 
30.3

 
42.1

General corporate expense
113.3

 
178.2

 
148.9

 
255.1

Interest expense, net
54.1

 
79.2

 
112.3

 
159.3

Income tax expense
78.4

 
43.1

 
247.6

 
92.4

Income from continuing operations
$
114.3

 
$
80.1

 
$
212.9

 
$
173.7

Less: Net income attributable to noncontrolling interests of continuing operations
0.6

 
0.7

 
0.8

 
0.9

Income from continuing operations attributable to Conagra Brands, Inc.
$
113.7

 
$
79.4

 
$
212.1

 
$
172.8

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
 
Twenty-six weeks ended
 
November 27,
2016
 
November 29,
2015
 
November 27,
2016
 
November 29,
2015
Net derivative gains (losses) incurred
$
3.0

 
$
(3.8
)
 
$
2.7

 
$
(9.7
)
Less: Net derivative gains (losses) allocated to reporting segments
3.8

 
(3.2
)
 
2.8

 
(9.9
)
Net derivative gains (losses) recognized in general corporate expenses
$
(0.8
)
 
$
(0.6
)
 
$
(0.1
)
 
$
0.2

Net derivative gains (losses) allocated to Grocery & Snacks
$
2.4

 
$
(1.3
)
 
$
2.0

 
$
(5.4
)
Net derivative gains (losses) allocated to Refrigerated & Frozen
0.7

 
(0.8
)
 
0.5

 
(2.5
)
Net derivative gains allocated to International Foods
0.2

 

 
0.2

 

Net derivative gains (losses) allocated to Foodservice
0.5

 
(0.5
)
 
0.2

 
(1.0
)
Net derivative losses allocated to Commercial

 
(0.6
)
 
(0.1
)
 
(1.0
)
Net derivative gains (losses) included in segment operating profit
$
3.8

 
$
(3.2
)
 
$
2.8

 
$
(9.9
)