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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 26, 2017
May 29, 2016
Current assets    
Cash and cash equivalents $ 683.6 $ 798.1
Receivables, less allowance for doubtful accounts of $3.7 and $3.2 601.4 650.1
Inventories 1,046.4 1,083.2
Prepaid expenses and other current assets 207.7 148.6
Total current assets 2,539.1 3,576.7
Property, plant and equipment 4,268.1 4,213.3
Less accumulated depreciation (2,612.3) (2,511.7)
Property, plant and equipment, net 1,655.8 1,701.6
Goodwill 4,251.7 4,396.2
Brands, trademarks and other intangibles, net 1,253.1 1,237.2
Other assets 797.6 905.5
Total assets 10,499.0 13,390.6
Current liabilities    
Notes payable 3.7 13.9
Current installments of long-term debt 128.8 559.4
Accounts payable 690.1 706.7
Accrued payroll 148.4 220.8
Other accrued liabilities 593.9 567.7
Total current liabilities 1,564.9 2,532.4
Senior long-term debt, excluding current installments 2,645.8 4,685.5
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,788.2 1,875.7
Total liabilities 6,194.8 9,595.8
Commitments and contingencies (Note 13)
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 1,165.3 1,136.3
Retained earnings 4,171.0 3,218.3
Accumulated other comprehensive loss (271.3) (344.5)
Less treasury stock, at cost, 142,405,586 and 129,842,206 common shares (3,683.4) (3,136.2)
Total Conagra Brands, Inc. common stockholders' equity 4,221.3 3,713.6
Noncontrolling interests 82.9 81.2
Total stockholders' equity 4,304.2 3,794.8
Total liabilities and stockholders' equity 10,499.0 13,390.6
Discontinued operations    
Current assets    
Current assets 0.0 779.7
Noncurrent assets 0.0 1,339.3
Current liabilities    
Current liabilities 0.0 409.2
Noncurrent liabilities 0.0 304.8
Held for sale    
Current assets    
Current assets 0.0 117.0
Noncurrent assets 1.7 234.1
Current liabilities    
Current liabilities 0.0 54.7
Noncurrent liabilities $ 0.0 $ 1.5