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Consolidated Balance Sheets - USD ($)
$ in Millions
May 25, 2025
May 26, 2024
ASSETS    
Cash and cash equivalents $ 68.0 $ 77.7
Receivables, less allowance for doubtful accounts of $3.6 and $3.0 770.0 871.8
Inventories 2,048.3 1,981.5
Prepaid expenses and other current assets 90.6 85.0
Current assets held for sale 94.1 133.5
Total current assets 3,071.0 3,149.5
Property, plant and equipment    
Land and land improvements 160.7 158.4
Buildings, machinery and equipment 5,516.3 5,232.4
Furniture, fixtures, office equipment and other 670.0 676.5
Construction in progress 227.1 247.0
Property, plant and equipment 6,574.1 6,314.3
Less accumulated depreciation (3,738.2) (3,493.3)
Property, plant and equipment, net 2,835.9 2,821.0
Goodwill 10,501.9 10,325.9
Brands, trademarks and other intangibles, net 2,421.1 2,484.8
Other assets 1,571.0 1,430.1
Noncurrent assets held for sale 533.0 651.0
Assets 20,933.9 20,862.3
Liabilities and Equity [Abstract]    
Notes payable 804.7 928.4
Current installments of long-term debt 1,028.8 20.3
Accounts and other payables 1,590.1 1,493.7
Accrued payroll 146.0 193.3
Other accrued liabilities 744.7 588.6
Current liabilities held for sale 2.7 17.5
Total current liabilities 4,317.0 3,241.8
Senior long-term debt, excluding current installments 6,234.1 7,492.6
Deferred income taxes 810.3 1,024.2
Other noncurrent liabilities 639.6 587.6
Noncurrent liabilities held for sale 0.2 4.8
Total liabilities 12,001.2 12,351.0
Equity, Attributable to Parent [Abstract]    
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 2,347.2 2,363.2
Retained earnings 6,759.1 6,276.3
Accumulated other comprehensive income (loss) 16.3 (35.5)
Less treasury stock, at cost, 106,846,304 and 106,050,133 common shares (3,111.1) (3,084.8)
Total Conagra Brands, Inc. common stockholders' equity 8,932.7 8,440.4
Noncontrolling interests   70.9
Total stockholders' equity 8,932.7 8,511.3
Liabilities and Equity $ 20,933.9 $ 20,862.3