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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Nov. 26, 2023
Nov. 27, 2022
Nov. 26, 2023
Nov. 27, 2022
Net sales $ 3,208.1 $ 3,312.9 $ 6,112.1 $ 6,217.2
Costs and expenses:        
Cost of goods sold 2,361.5 2,390.6 4,442.4 4,574.6
Selling, general and administrative expenses 398.1 372.7 732.2 1,114.3
Pension and postretirement non-service expense (income) 0.4 (6.1) 0.7 (12.2)
Interest expense, net 113.3 100.3 219.3 197.4
Income before income taxes and equity method investment earnings 334.8 455.4 717.5 343.1
Income tax expense 102.9 122.5 201.2 136.9
Equity method investment earnings 54.3 49.3 89.8 98.5
Net income 286.2 382.2 606.1 304.7
Less: Net income attributable to noncontrolling interests 0.0 0.3 0.2 0.3
Net income attributable to Conagra Brands, Inc. $ 286.2 $ 381.9 $ 605.9 $ 304.4
Earnings per share — basic        
Net income attributable to Conagra Brands, Inc. common stockholders, basic (in dollars per share) $ 0.6 $ 0.8 $ 1.27 $ 0.63
Earnings per share — diluted        
Net income attributable to Conagra Brands, Inc. common stockholders, diluted (in dollars per share) $ 0.6 $ 0.79 $ 1.26 $ 0.63