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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Feb. 28, 2021
May 31, 2020
Current assets    
Cash and cash equivalents $ 80.7 $ 553.3
Receivables, less allowance for doubtful accounts of $3.0 and $2.6 841.4 860.8
Inventories 1,579.2 1,367.8
Prepaid expenses and other current assets 126.6 93.9
Current assets held for sale   10.1
Total current assets 2,627.9 2,885.9
Property, plant and equipment 5,545.4 5,193.1
Less accumulated depreciation (3,018.6) (2,800.4)
Property, plant and equipment, net 2,526.8 2,392.7
Goodwill 11,395.6 11,389.0
Brands, trademarks and other intangibles, net 4,263.6 4,305.1
Other assets 1,291.2 1,273.4
Noncurrent assets held for sale   57.9
Total assets 22,105.1 22,304.0
Current liabilities    
Notes payable 728.7 1.1
Current installments of long-term debt 220.6 845.5
Accounts payable 1,442.7 1,520.2
Accrued payroll 168.0 189.4
Other accrued liabilities 731.1 725.8
Current liabilities held for sale   5.4
Total current liabilities 3,291.1 3,287.4
Senior long-term debt, excluding current installments 8,278.1 8,900.8
Other noncurrent liabilities 2,206.1 2,165.1
Total liabilities 13,775.3 14,353.3
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 2,319.1 2,323.2
Retained earnings 6,086.7 5,471.2
Accumulated other comprehensive loss (85.7) (109.6)
Less treasury stock, at cost, 104,272,364 and 97,057,311 common shares (2,989.5) (2,729.9)
Total Conagra Brands, Inc. common stockholders' equity 8,251.8 7,876.1
Noncontrolling interests 78.0 74.6
Total stockholders' equity 8,329.8 7,950.7
Total liabilities and stockholders' equity $ 22,105.1 $ 22,304.0