BUSINESS SEGMENTS AND RELATED INFORMATION (Tables)

12 Months Ended

May 26, 2024

BUSINESS SEGMENTS AND RELATED INFORMATION

Schedule of Segment Reporting Information

	2024		2023		2022
Net sales
Grocery & Snacks	$	4,958.7	$	4,981.9	$	4,697.4
Refrigerated & Frozen		4,865.5		5,156.2		4,859.3
International		1,078.3		1,002.5		970.8
Foodservice		1,148.4		1,136.4		1,008.4
Total net sales	$	12,050.9	$	12,277.0	$	11,535.9
Operating profit (loss)
Grocery & Snacks	$	1,012.4	$	1,002.8	$	859.5
Refrigerated & Frozen		(92.5)		255.0		561.1
International		97.9		121.4		106.7
Foodservice		157.2		85.0		60.3
Total operating profit	$	1,175.0	$	1,464.2	$	1,587.6
Equity method investment earnings		177.6		212.0		145.3
General corporate expenses		322.2		388.9		241.6
Pension and postretirement non-service income		10.3		24.2		67.3
Interest expense, net		430.5		409.6		379.9
Income tax expense		262.5		218.7		290.5
Net income	$	347.7	$	683.2	$	888.2
Less: Net income attributable to noncontrolling interests		0.5		(0.4)		—
Net income attributable to Conagra Brands, Inc.	$	347.2	$	683.6	$	888.2

	2024		2023		2022
Frozen	$	4,061.2	$	4,288.1	$	4,091.1
Staples
Other shelf-stable		2,834.1		2,851.9		2,729.5
Refrigerated		804.3		868.1		768.2
Snacks		2,124.6		2,130.0		1,967.9
International		1,078.3		1,002.5		970.8
Foodservice		1,148.4		1,136.4		1,008.4
Total net sales	$	12,050.9	$	12,277.0	$	11,535.9