BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)

3 Months Ended

Aug. 24, 2014

Segment Reporting [Abstract]

Segment Operations

	Thirteen Weeks Ended
	August 24, 2014		August 25, 2013
Net sales
Consumer Foods	$	1,632.3	$	1,649.4
Commercial Foods	1,088.3		1,068.9
Private Brands	980.4		997.5
Total net sales	$	3,701.0	$	3,715.8
Operating profit
Consumer Foods	$	190.0	$	165.0
Commercial Foods	121.1		137.1
Private Brands	41.9		65.5
Total operating profit	$	353.0	$	367.6
Equity method investment earnings
Consumer Foods	$	0.3	$	0.4
Commercial Foods	25.3		3.7
Total equity method investment earnings	$	25.6	$	4.1
Operating profit plus equity method investment earnings
Consumer Foods	$	190.3	$	165.4
Commercial Foods	146.4		140.8
Private Brands	41.9		65.5
Total operating profit plus equity method investment earnings	$	378.6	$	371.7
General corporate expense	$	141.2	$	113.6
Interest expense, net	83.7		95.8
Income tax expense	42.5		28.9
Income from continuing operations	$	111.2	$	133.4
Less: Net income attributable to noncontrolling interests	2.2		2.9
Income from continuing operations attributable to ConAgra Foods, Inc.	$	109.0	$	130.5

Allocation 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
	August 24, 2014			August 25, 2013
Net derivative losses incurred	$	(38.3	)	$	(18.1	)
Less: Net derivative gains allocated to reporting segments	12.0			2.8
Net derivative losses recognized in general corporate expenses	$	(50.3	)	$	(20.9	)
Net derivative gains allocated to Consumer Foods	$	3.7		$	1.9
Net derivative gains allocated to Commercial Foods	3.1			1.7
Net derivative gains (losses) allocated to Private Brands	5.2			(0.8		)
Net derivative gains included in segment operating profit	$	12.0		$	2.8