STOCKHOLDERS' EQUITY (Tables)

9 Months Ended

Feb. 22, 2026

STOCKHOLDERS' EQUITY

Schedule of reconciliation of our stockholders' equity accounts

	Conagra Brands, Inc. Stockholders' Equity
								Accumulated
				Additional				Other
	Common	Common		Paid-in		Retained		Comprehensive		Treasury		Total
	Shares	Stock		Capital		Earnings		Income		Stock		Equity
Balance at May 25, 2025	584.2	$	2,921.2	$	2,347.2	$	6,759.1	$	16.3	$	(3,111.1)	$	8,932.7
Stock option and incentive plans					(60.2)						61.1		0.9
Currency translation adjustments									1.1				1.1
Repurchase of common shares											(15.0)		(15.0)
Derivative adjustments									(0.4)				(0.4)
Pension and postretirement healthcare benefits									(0.3)				(0.3)
Dividends declared on common stock; $0.35 per share							(167.7)						(167.7)
Net income attributable to Conagra Brands, Inc.							164.5						164.5
Balance at August 24, 2025	584.2	$	2,921.2	$	2,287.0	$	6,755.9	$	16.7	$	(3,065.0)	$	8,915.8
Stock option and incentive plans					13.5		(0.6)				0.6		13.5
Currency translation adjustments									(4.9)				(4.9)
Repurchase of common shares											(0.3)		(0.3)
Derivative adjustments									(1.6)				(1.6)
Pension and postretirement healthcare benefits									(0.7)				(0.7)
Dividends declared on common stock; $0.35 per share							(167.4)						(167.4)
Net loss attributable to Conagra Brands, Inc.							(663.6)						(663.6)
Balance at November 23, 2025	584.2	$	2,921.2	$	2,300.5	$	5,924.3	$	9.5	$	(3,064.7)	$	8,090.8
Stock option and incentive plans					15.2		(1.0)				2.2		16.4
Currency translation adjustments									25.7				25.7
Derivative adjustments									(0.4)				(0.4)
Pension and postretirement healthcare benefits									(0.7)				(0.7)
Dividends declared on common stock; $0.35 per share							(167.5)						(167.5)
Net income attributable to Conagra Brands, Inc.							199.8						199.8
Balance at February 22, 2026	584.2	$	2,921.2	$	2,315.7	$	5,955.6	$	34.1	$	(3,062.5)	$	8,164.1

	Conagra Brands, Inc. Stockholders' Equity
								Accumulated
				Additional				Other
	Common	Common		Paid-in		Retained		Comprehensive		Treasury		Noncontrolling		Total
	Shares	Stock		Capital		Earnings		Loss		Stock		Interests		Equity
Balance at May 26, 2024	584.2	$	2,921.2	$	2,363.2	$	6,276.3	$	(35.5)	$	(3,084.8)	$	70.9	$	8,511.3
Stock option and incentive plans					(33.5)		(0.5)				34.8				0.8
Currency translation adjustments									22.5				38.0		60.5
Repurchase of common shares											(64.0)				(64.0)
Derivative adjustments									(3.3)						(3.3)
Activities of noncontrolling interests													(108.9)		(108.9)
Pension and postretirement healthcare benefits									0.2						0.2
Dividends declared on common stock; $0.35 per share							(167.8)								(167.8)
Net income attributable to Conagra Brands, Inc.							466.8								466.8
Balance at August 25, 2024	584.2	$	2,921.2	$	2,329.7	$	6,574.8	$	(16.1)	$	(3,114.0)	$	—	$	8,695.6
Stock option and incentive plans					7.8		(0.3)				1.3				8.8
Currency translation adjustments									(19.4)						(19.4)
Derivative adjustments									(1.0)						(1.0)
Pension and postretirement healthcare benefits									(0.8)						(0.8)
Dividends declared on common stock; $0.35 per share							(167.0)								(167.0)
Net income attributable to Conagra Brands, Inc.							284.5								284.5
Balance at November 24, 2024	584.2	$	2,921.2	$	2,337.5	$	6,692.0	$	(37.3)	$	(3,112.7)	$	—	$	8,800.7
Stock option and incentive plans					4.8		(0.1)				1.3				6.0
Currency translation adjustments									(4.4)						(4.4)
Derivative adjustments									(0.3)						(0.3)
Pension and postretirement healthcare benefits									(0.9)						(0.9)
Dividends declared on common stock; $0.35 per share							(167.1)								(167.1)
Net income attributable to Conagra Brands, Inc.							145.1								145.1
Balance at February 23, 2025	584.2	$	2,921.2	$	2,342.3	$	6,669.9	$	(42.9)	$	(3,111.4)	$	—	$	8,779.1

Schedule of accumulated balances for each component of other comprehensive loss, net of tax

	February 22, 2026		May 25, 2025
Currency translation losses, net of reclassification adjustments	$	(43.9)	$	(65.8)
Derivative adjustments, net of reclassification adjustments		19.6		22.0
Pension and postretirement benefit obligations, net of reclassification adjustments		58.4		60.1
Accumulated other comprehensive income	$	34.1	$	16.3

Schedule of reclassifications from accumulated other comprehensive income into income (loss)

					Affected Line Item in the Condensed Consolidated Statement of
	Thirteen Weeks Ended				Operations1
	February 22, 2026		February 23, 2025
Net derivative adjustments:
Cash flow hedges	$	(0.5)	$	(0.7)	Interest expense, net
Cash flow hedges		(0.5)		(0.9)	Equity method investment earnings
		(1.0)		(1.6)	Total before tax
		0.2		0.4	Income tax expense
	$	(0.8)	$	(1.2)	Net of tax
Pension and postretirement liabilities:
Net prior service cost (benefit)	$	—	$	(0.1)	Pension and postretirement non-service income
Net actuarial gain		(0.9)		(1.1)	Pension and postretirement non-service income
		(0.9)		(1.2)	Total before tax
		0.2		0.3	Income tax expense
	$	(0.7)	$	(0.9)	Net of tax

					Affected Line Item in the Condensed Consolidated Statement of
	Thirty-Nine Weeks Ended				Operations1
	February 22, 2026		February 23, 2025
Net derivative adjustments:
Cash flow hedges	$	(1.8)	$	(2.0)	Interest expense, net
Cash flow hedges		(2.0)		(3.3)	Equity method investment earnings
		(3.8)		(5.3)	Total before tax
		0.9		1.3	Income tax expense
	$	(2.9)	$	(4.0)	Net of tax
Pension and postretirement liabilities:
Net prior service cost (benefit)	$	(0.1)	$	(0.1)	Pension and postretirement non-service income
Net actuarial gain		(2.7)		(3.4)	Pension and postretirement non-service income
		(2.8)		(3.5)	Total before tax
		0.7		0.9	Income tax expense
	$	(2.1)	$	(2.6)	Net of tax
Currency translation losses	$	—	$	41.8	Selling, general and administrative expenses 2
		—		41.8	Total before tax
		—		—	Income tax expense
	$	—	$	41.8	Net of tax

¹ Amounts in parentheses indicate income recognized in the Condensed Consolidated Statements of Operations.

² Amount represents the reclassification for currency translation losses in connection with the sale of ATFL (see Note 3).