Note 16 - Business Segments and Related Information (Tables)

6 Months Ended

Nov. 26, 2023

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

	Thirteen Weeks Ended					Twenty-Six Weeks Ended
	November 26, 2023		November 27, 2022			November 26, 2023		November 27, 2022
Net sales
Grocery & Snacks	$	1,295.1	$	1,349.9		$	2,498.0	$	2,538.2
Refrigerated & Frozen		1,338.5		1,421.5			2,490.1		2,629.1
International		279.6		258.7			539.8		492.2
Foodservice		294.9		282.8			584.2		557.7
Total net sales	$	3,208.1	$	3,312.9		$	6,112.1	$	6,217.2
Operating profit
Grocery & Snacks	$	279.2	$	340.4		$	537.9	$	590.8
Refrigerated & Frozen		220.2		250.3			419.4		34.0
International		5.9		36.9			29.6		63.8
Foodservice		38.0		28.5			82.1		29.7
Total operating profit	$	543.3	$	656.1		$	1,069.0	$	718.3
Equity method investment earnings		54.3		49.3			89.8		98.5
General corporate expense		94.8		106.5			131.5		190.0
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 tax expense		102.9		122.5			201.2		136.9
Net income	$	286.2	$	382.2		$	606.1	$	304.7
Less: Net income attributable to noncontrolling interests		—		0.3			0.2		0.3
Net income attributable to Conagra Brands, Inc.	$	286.2	$	381.9		$	605.9	$	304.4

	Thirteen Weeks Ended				Twenty-Six Weeks Ended
	November 26, 2023		November 27, 2022		November 26, 2023		November 27, 2022
Frozen	$	1,106.1	$	1,157.5	$	2,054.5	$	2,165.9
Staples
Other shelf-stable		728.0		758.4		1,424.8		1,448.5
Refrigerated		232.4		264.0		435.6		463.2
Snacks		567.1		591.5		1,073.2		1,089.7
Foodservice		294.9		282.8		584.2		557.7
International		279.6		258.7		539.8		492.2
Total net sales	$	3,208.1	$	3,312.9	$	6,112.1	$	6,217.2