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RESTRUCTURING ACTIVITIES (Tables)
12 Months Ended
May 25, 2025
Restructuring and Related Activities [Abstract]  
Schedule of restructuring plan expenses

Grocery &

Refrigerated

    

Snacks

    

& Frozen

    

International

    

Foodservice

    

Corporate

    

Total

Accelerated depreciation

$

47.2

$

47.7

$

$

$

$

94.9

Other cost of goods sold

15.2

10.5

2.0

27.7

Total cost of goods sold

62.4

58.2

2.0

122.6

Severance and related costs

12.8

9.7

5.6

0.3

15.8

44.2

Asset impairment (net of gains on disposal)

46.6

83.1

12.3

142.0

Contract/lease termination

1.1

0.9

0.3

0.1

2.4

Consulting/professional fees

0.6

0.6

5.4

6.6

Other selling, general and administrative expenses

21.0

12.2

0.9

2.0

36.1

Total selling, general and administrative expenses

82.1

106.5

19.1

0.3

23.3

231.3

Total

$

144.5

$

164.7

$

21.1

$

0.3

$

23.3

$

353.9

Pension and postretirement non-service income

0.6

Consolidated total

$

354.5

Grocery &

Refrigerated

    

Snacks

    

& Frozen

    

International

    

Corporate

    

Total

Accelerated depreciation

$

2.5

$

$

$

$

2.5

Other cost of goods sold

2.9

5.3

(0.1)

8.1

Total cost of goods sold

5.4

5.3

(0.1)

10.6

Severance and related costs

0.9

6.1

(0.2)

6.4

13.2

Asset impairment (net of gains on disposal)

2.7

66.4

(1.9)

67.2

Contract/lease termination

1.5

0.3

1.8

Other selling, general and administrative expenses

5.2

2.7

0.7

0.3

8.9

Total selling, general and administrative expenses

10.3

75.2

(1.1)

6.7

91.1

Total

$

15.7

$

80.5

$

(1.2)

$

6.7

$

101.7

Grocery &

Refrigerated

    

Snacks

    

& Frozen

    

International

    

Foodservice

    

Corporate

    

Total

Accelerated depreciation

$

43.4

$

47.7

$

$

$

$

91.1

Other cost of goods sold

12.1

9.5

2.0

23.6

Total cost of goods sold

55.5

57.2

2.0

114.7

Severance and related costs

12.7

9.7

5.6

0.3

15.8

44.1

Asset impairment (net of gains on disposal)

25.2

85.0

12.3

122.5

Contract/lease termination

2.0

0.9

0.3

0.1

3.3

Consulting/professional fees

0.5

0.6

5.1

6.2

Other selling, general and administrative expenses

19.0

8.8

0.8

1.2

29.8

Total selling, general and administrative expenses

59.4

105.0

19.0

0.3

22.2

205.9

Total

$

114.9

$

162.2

$

21.0

$

0.3

$

22.2

$

320.6

Pension and postretirement non-service income

0.6

Consolidated total

$

321.2

Schedule of liabilities recorded for the conagra restructuring plan and changes

Costs

Balance at

Incurred

Costs Paid

Balance at

May 26,

and Charged

or Otherwise

Changes in

May 25,

2024

to Expense

Settled

Estimates

2025

Severance and related costs

$

9.8

$

14.1

$

(8.4)

$

(0.9)

$

14.6

Contract/lease termination

1.8

(1.8)

Other costs

0.6

12.5

(10.3)

2.8

Total

$

10.4

$

28.4

$

(20.5)

$

(0.9)

$

17.4