XML 52 R59.htm IDEA: XBRL DOCUMENT
v2.4.1.9

DERIVATIVE FINANCIAL INSTRUMENTS (Assets and Liabilities on A Gross Basis) (Details) (USD $) In Millions, unless otherwise specified | Feb. 22, 2015 | May 25, 2014
--- | --- | ---
Derivatives, Fair Value [Line Items] |  |
Total derivatives | $ 98.2 us-gaap_DerivativeFairValueOfDerivativeAsset | $ 51.8 us-gaap_DerivativeFairValueOfDerivativeAsset
Total derivatives | 108.7 us-gaap_DerivativeFairValueOfDerivativeLiability | 17.2 us-gaap_DerivativeFairValueOfDerivativeLiability
Total derivatives designated as hedging instruments |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives |  | 9.1 us-gaap_DerivativeFairValueOfDerivativeAsset / us-gaap_HedgingDesignationAxis = us-gaap_DesignatedAsHedgingInstrumentMember
Total derivatives |  | 0 us-gaap_DerivativeFairValueOfDerivativeLiability / us-gaap_HedgingDesignationAxis = us-gaap_DesignatedAsHedgingInstrumentMember
Total derivatives not designated as hedging instruments |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives not designated as hedging instruments | 98.2 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | 42.7 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember
Total derivatives not designated as hedging instruments | 108.7 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | 17.2 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember
Interest rate swap contracts | Other accrued liabilities |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives |  | 0 us-gaap_DerivativeFairValueOfDerivativeLiability / us-gaap_BalanceSheetLocationAxis = cag_OtherAccruedLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateContractMember
Interest rate swap contracts | Prepaid expenses and other current assets |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives |  | 9.1 us-gaap_DerivativeFairValueOfDerivativeAsset / us-gaap_BalanceSheetLocationAxis = us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_InterestRateContractMember
Commodity contracts | Other accrued liabilities | Total derivatives not designated as hedging instruments |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives not designated as hedging instruments | 107.3 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue / us-gaap_BalanceSheetLocationAxis = cag_OtherAccruedLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_CommodityContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | 13.9 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue / us-gaap_BalanceSheetLocationAxis = cag_OtherAccruedLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_CommodityContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember
Commodity contracts | Prepaid expenses and other current assets | Total derivatives not designated as hedging instruments |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives not designated as hedging instruments | 81.4 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue / us-gaap_BalanceSheetLocationAxis = us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_CommodityContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | 28.6 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue / us-gaap_BalanceSheetLocationAxis = us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_CommodityContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember
Foreign exchange contracts | Other accrued liabilities | Total derivatives not designated as hedging instruments |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives not designated as hedging instruments | 0.9 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue / us-gaap_BalanceSheetLocationAxis = cag_OtherAccruedLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | 3.3 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue / us-gaap_BalanceSheetLocationAxis = cag_OtherAccruedLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember
Foreign exchange contracts | Prepaid expenses and other current assets | Total derivatives not designated as hedging instruments |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives not designated as hedging instruments | 16.8 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue / us-gaap_BalanceSheetLocationAxis = us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | 13.4 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue / us-gaap_BalanceSheetLocationAxis = us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_ForeignExchangeContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember
Other | Other accrued liabilities | Total derivatives not designated as hedging instruments |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives not designated as hedging instruments | 0.5 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue / us-gaap_BalanceSheetLocationAxis = cag_OtherAccruedLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OtherContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | 0 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue / us-gaap_BalanceSheetLocationAxis = cag_OtherAccruedLiabilitiesMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OtherContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember
Other | Prepaid expenses and other current assets | Total derivatives not designated as hedging instruments |  |
Derivatives, Fair Value [Line Items] |  |
Total derivatives not designated as hedging instruments | $ 0 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue / us-gaap_BalanceSheetLocationAxis = us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OtherContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember | $ 0.7 us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue / us-gaap_BalanceSheetLocationAxis = us-gaap_PrepaidExpensesAndOtherCurrentAssetsMember / us-gaap_DerivativeInstrumentRiskAxis = us-gaap_OtherContractMember / us-gaap_HedgingDesignationAxis = us-gaap_NondesignatedMember

X
- Definition Fair value, before effects of master netting arrangements, of a financial asset or other contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes assets elected not to be offset. Excludes assets not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=34720828&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=36459792&loc=SL20226000-175313 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeAsset
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value, before effects of master netting arrangements, of a financial liability or contract with one or more underlyings, notional amount or payment provision or both, and the contract can be net settled by means outside the contract or delivery of an asset. Includes liabilities elected not to be offset. Excludes liabilities not subject to a master netting arrangement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=34720828&loc=SL20225862-175312 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (a),(c) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624163-113959 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 20 -Section 55 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=36459792&loc=SL20226000-175313 + Details
Name: | us-gaap_DerivativeFairValueOfDerivativeLiability
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Fair value as of the balance sheet date of derivative instrument not designated as hedging instrument and classified as an asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624163-113959 + Details
Name: | us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsAssetAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value as of the balance sheet date of derivative instrument not designated as hedging instrument and classified as a liability. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=35706170&loc=SL5624163-113959 + Details
Name: | us-gaap_DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsLiabilityAtFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_DerivativesFairValueLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_CommodityContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_ForeignExchangeContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_InterestRateContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DerivativeInstrumentRiskAxis=us-gaap_OtherContractMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_DesignatedAsHedgingInstrumentMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_HedgingDesignationAxis=us-gaap_NondesignatedMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |