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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 25, 2024
May 26, 2024
ASSETS    
Cash and cash equivalents $ 128.7 $ 77.7
Receivables, less allowance for doubtful accounts of $2.2 and $3.0 933.4 871.8
Inventories 2,220.6 2,083.0
Prepaid expenses and other current assets 133.5 85.0
Current assets held for sale   32.0
Total current assets 3,416.2 3,149.5
Property, plant and equipment 6,568.9 6,527.5
Less accumulated depreciation (3,691.9) (3,652.0)
Property, plant and equipment, net 2,877.0 2,875.5
Goodwill 10,758.0 10,582.7
Brands, trademarks and other intangibles, net 2,756.4 2,708.4
Other assets 1,419.0 1,435.6
Noncurrent assets held for sale 21.2 110.6
Assets 21,247.8 20,862.3
LIABILITIES AND STOCKHOLDERS' EQUITY    
Notes payable 1,266.4 928.4
Current installments of long-term debt 20.2 20.3
Accounts and other payables 1,537.7 1,493.7
Accrued payroll 108.2 193.3
Other accrued liabilities 714.3 591.3
Current liabilities held for sale   14.8
Total current liabilities 3,646.8 3,241.8
Senior long-term debt, excluding current installments 7,485.6 7,492.6
Other noncurrent liabilities 1,419.8 1,614.7
Noncurrent liabilities held for sale   1.9
Total liabilities 12,552.2 12,351.0
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,229 2,921.2 2,921.2
Additional paid-in capital 2,329.7 2,363.2
Retained earnings 6,574.8 6,276.3
Accumulated other comprehensive loss (16.1) (35.5)
Less treasury stock, at cost, 106,946,223 and 106,050,133 common shares (3,114.0) (3,084.8)
Total Conagra Brands, Inc. common stockholders' equity 8,695.6 8,440.4
Noncontrolling interests   70.9
Total stockholders' equity 8,695.6 8,511.3
Liabilities and Equity $ 21,247.8 $ 20,862.3