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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Nov. 24, 2013
Nov. 25, 2012
Cash flows from operating activities:    
Net income $ 399.6 $ 468.7
Income (loss) from discontinued operations 19.5 (1.4)
Income from continuing operations 380.1 470.1
Adjustments to reconcile income from continuing operations to net cash flows from operating activities:    
Depreciation and amortization 292.4 185.3
Asset impairment charges 14.8 4.6
Earnings of affiliates less than (in excess of) distributions 1.3 (5.4)
Share-based payments expense 32.1 27.8
Contributions to pension plans (10.1) (10.1)
Pension expense (4.5) 11.4
Other items (4.9) (11.1)
Change in operating assets and liabilities excluding effects of business acquisitions and dispositions:    
Accounts receivable (133.8) (109.9)
Inventory (385.7) (333.7)
Deferred income taxes and income taxes payable, net 106.6 (2.8)
Prepaid expenses and other current assets 65.3 19.7
Accounts payable 270.0 226.1
Accrued payroll (107.9) (13.3)
Other accrued liabilities 40.1 21.8
Net cash flows from operating activities — continuing operations 555.8 480.5
Net cash flows from operating activities — discontinued operations (0.1) (1.9)
Net cash flows from operating activities 555.7 478.6
Cash flows from investing activities:    
Additions to property, plant and equipment (332.2) (179.1)
Sale of property, plant and equipment 12.1 3.9
Purchase of businesses, net of cash acquired (39.6) (268.6)
Investment in equity method investee 0 (1.5)
Net cash flows from investing activities — continuing operations (359.7) (445.3)
Net cash flows from investing activities — discontinued operations 54.7 (1.3)
Net cash flows from investing activities (305.0) (446.6)
Cash flows from financing activities:    
Net short-term borrowings 48.7 (40.0)
Issuance of long-term debt 0 743.0
Repayment of long-term debt (50.7) (34.2)
Repurchase of ConAgra Foods, Inc. common shares (100.0) (238.6)
Cash dividends paid (210.4) (195.3)
Exercise of stock options and issuance of other stock awards 70.3 102.9
Other items 0.8 1.5
Net cash flows from financing activities (241.3) 339.3
Effect of exchange rate changes on cash and cash equivalents (0.6) 2.5
Net change in cash and cash equivalents 8.8 373.8
Cash and cash equivalents at beginning of period 183.9 103.0
Cash and cash equivalents at end of period $ 192.7 $ 476.8