EMPLOYEE BENEFIT PLANS AND OTHER POST-RETIREMENT BENEFITS (Tables)

3 Months Ended

Aug. 27, 2017

EMPLOYEE BENEFIT PLANS AND OTHER POST-RETIREMENT BENEFITS

Schedule of components of net periodic benefit cost for our pension and postretirement benefit plans

For the period after the Separation Date, the components of net periodic benefit cost for our pension and postretirement benefit plans were as follows (dollars in millions):

	Thirteen Weeks Ended
	August 27, 2017
			Postretirement
	Pension Plan		Plans
Service cost	$	1.9	$	—
Interest cost		0.1		—
Expected return on plan assets		(0.1)		—
Net periodic benefit cost	$	1.9	$	—

Schedule of Pension costs incurred included in the Condensed Combined and Consolidated statements of earnings

Allocated pension costs (benefits) incurred by Conagra prior to November 9, 2016 and pension costs recognized after the Separation Date are included in the Condensed Combined and Consolidated Statements of Earnings as follows (dollars in millions):

	Thirteen Weeks Ended
	August 27,		August 28,
	2017		2016
Cost of sales (a)	$	1.9	$	2.9
Selling, general and administrative expenses (a)		—		(2.7)
Total	$	1.9	$	0.2

(a) Pension service costs are allocated to operations as reflected in cost of sales above. Expected returns on pension assets and interest costs are reflected in “Selling, general and administrative expenses” in the Combined and Consolidated Statements of Earnings.