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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 24, 2019
May 27, 2018
Current assets    
Cash and cash equivalents $ 282.2 $ 128.0
Receivables, less allowance for doubtful accounts of $3.1 and $1.7 870.2 569.4
Inventories 1,638.6 988.7
Prepaid expenses and other current assets 107.6 184.9
Current assets held for sale 47.5 67.9
Total current assets 2,946.1 1,938.9
Property, plant and equipment 4,887.9 4,008.5
Less accumulated depreciation (2,529.3) (2,419.0)
Property, plant and equipment, net 2,358.6 1,589.5
Goodwill 11,349.8 4,487.4
Brands, trademarks and other intangibles, net 4,962.0 1,282.8
Other assets 951.0 906.3
Noncurrent assets held for sale 159.1 184.6
Total assets 22,726.6 10,389.5
Current liabilities    
Notes payable 0.0 277.3
Current installments of long-term debt 19.9 307.0
Accounts payable 1,189.2 905.3
Accrued payroll 166.9 161.7
Other accrued liabilities 851.8 671.0
Total current liabilities 2,241.7 2,336.2
Senior long-term debt, excluding current installments 10,911.8 3,035.6
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,918.8 1,060.8
Total liabilities 15,275.1 6,632.9
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,229 2,921.2 2,839.7
Additional paid-in capital 2,277.2 1,180.0
Retained earnings 5,025.3 4,744.9
Accumulated other comprehensive loss (85.7) (110.5)
Less treasury stock, at cost, 98,304,553 and 177,078,193 common shares (2,765.0) (4,977.9)
Total Conagra Brands, Inc. common stockholders' equity 7,373.0 3,676.2
Noncontrolling interests 78.5 80.4
Total stockholders' equity 7,451.5 3,756.6
Total liabilities and stockholders' equity 22,726.6 10,389.5
Held-for-sale, not discontinued operations    
Current liabilities    
Current liabilities held for sale 13.9 13.9
Noncurrent liabilities held for sale $ 6.9 $ 4.4