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RESTRUCTURING ACTIVITIES (Tables)
6 Months Ended
Nov. 24, 2024
RESTRUCTURING ACTIVITIES  
Schedule of restructuring plan expenses

Grocery &

Refrigerated

    

Snacks

    

& Frozen

    

International

    

Corporate

    

Total

Accelerated depreciation

$

1.8

$

$

$

$

1.8

Other cost of goods sold

1.6

5.1

(0.2)

6.5

Total cost of goods sold

3.4

5.1

(0.2)

8.3

Severance and related costs

0.1

6.2

(0.3)

1.8

7.8

Asset impairment (net of gains on disposal)

64.5

(1.9)

62.6

Contract/lease termination

1.3

0.2

1.5

Other SG&A

1.2

1.6

0.6

0.2

3.6

Total SG&A

2.6

72.3

(1.4)

2.0

75.5

Total

$

6.0

$

77.4

$

(1.6)

$

2.0

$

83.8

Schedule of liabilities recorded for the conagra restructuring plan and changes

    

    

Costs

    

    

    

Incurred and

Balance at

Charged to

Costs Paid or

Changes in

Balance at

May 26, 2024

Expense

Otherwise Settled

Estimates

November 24, 2024

Severance and related costs

$

9.8

$

8.5

$

(7.2)

$

(0.7)

$

10.4

Contract/lease termination

1.5

(1.5)

Other costs

0.6

5.7

(4.9)

1.4

Total

$

10.4

$

15.7

$

(13.6)

$

(0.7)

$

11.8