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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Aug. 27, 2017
May 28, 2017
Current assets    
Cash and cash equivalents $ 251.4 $ 251.4
Receivables, less allowance for doubtful accounts of $3.2 and $3.1 577.1 563.4
Inventories 1,068.8 934.2
Prepaid expenses and other current assets 188.5 228.7
Current assets held for sale 39.2 35.5
Total current assets 2,125.0 2,013.2
Property, plant and equipment 4,198.2 4,261.9
Less accumulated depreciation (2,550.9) (2,606.9)
Property, plant and equipment, net 1,647.3 1,655.0
Goodwill 4,301.7 4,301.1
Brands, trademarks and other intangibles, net 1,223.6 1,229.3
Other assets 827.5 790.6
Noncurrent assets held for sale 100.5 107.1
Total assets 10,225.6 10,096.3
Current liabilities    
Notes payable 323.5 28.2
Current installments of long-term debt 198.7 199.0
Accounts payable 845.7 773.1
Accrued payroll 95.5 167.6
Other accrued liabilities 590.2 552.6
Total current liabilities 2,053.6 1,720.5
Senior long-term debt, excluding current installments 2,571.1 2,573.3
Subordinated debt 195.9 195.9
Other noncurrent liabilities 1,522.4 1,528.8
Total liabilities 6,343.0 6,018.5
Common stockholders' equity    
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 567,907,172 2,839.7 2,839.7
Additional paid-in capital 1,159.9 1,171.9
Retained earnings 4,312.6 4,247.0
Accumulated other comprehensive loss (181.2) (212.9)
Less treasury stock, at cost, 159,409,040 and 151,387,209 common shares (4,337.2) (4,054.9)
Total Conagra Brands, Inc. common stockholders' equity 3,793.8 3,990.8
Noncontrolling interests 88.8 87.0
Total stockholders' equity 3,882.6 4,077.8
Total liabilities and stockholders' equity $ 10,225.6 $ 10,096.3