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QUARTERLY FINANCIAL DATA (Unaudited) (Tables) | 12 Months Ended
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May 27, 2018
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Data |
| 2018 |  | 2017
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
Net sales | $ | 1,804.2 |  |  | $ | 2,173.4 |  |  | $ | 1,994.5 |  |  | $ | 1,966.2 |  |  | $ | 1,895.6 |  |  | $ | 2,088.4 |  |  | $ | 1,981.2 |  |  | $ | 1,861.7 |
Gross profit | 519.0 |  |  | 658.3 |  |  | 598.8 |  |  | 575.4 |  |  | 544.6 |  |  | 647.5 |  |  | 621.0 |  |  | 529.0 |
Income from continuing operations, net of tax | 153.6 |  |  | 224.1 |  |  | 349.2 |  |  | 70.6 |  |  | 98.6 |  |  | 114.3 |  |  | 179.5 |  |  | 153.6 |
Income (loss) from discontinued operations, net of tax | (0.3 | ) |  | 0.4 |  |  | 14.5 |  |  | (0.3 | ) |  | 91.4 |  |  | 11.6 |  |  | 0.7 |  |  | (1.7 | )
Net income attributable to Conagra Brands, Inc. | 152.5 |  |  | 223.5 |  |  | 362.8 |  |  | 69.6 |  |  | 186.2 |  |  | 122.1 |  |  | 179.7 |  |  | 151.3 |
Earnings per share (1): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Conagra Brands, Inc. common stockholders | $ | 0.37 |  |  | $ | 0.55 |  |  | $ | 0.91 |  |  | $ | 0.18 |  |  | $ | 0.42 |  |  | $ | 0.28 |  |  | $ | 0.42 |  |  | $ | 0.36 |
Diluted earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Conagra Brands, Inc. common stockholders | $ | 0.36 |  |  | $ | 0.54 |  |  | $ | 0.90 |  |  | $ | 0.18 |  |  | $ | 0.42 |  |  | $ | 0.28 |  |  | $ | 0.41 |  |  | $ | 0.36 |
Dividends declared per common share (3) | $ | 0.2125 |  |  | $ | 0.2125 |  |  | $ | 0.2125 |  |  | $ | 0.2125 |  |  | $ | 0.25 |  |  | $ | 0.25 |  |  | $ | 0.20 |  |  | $ | 0.20 |
Share price (2): |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
High | $ | 39.95 |  |  | $ | 35.87 |  |  | $ | 38.50 |  |  | $ | 38.29 |  |  | $ | 48.39 |  |  | $ | 48.68 |  |  | $ | 41.16 |  |  | $ | 41.50 |
Low | 33.07 |  |  | 32.43 |  |  | 35.47 |  |  | 35.34 |  |  | 45.70 |  |  | 34.30 |  |  | 36.47 |  |  | 37.29 |
(1) | Basic and diluted earnings per share are calculated independently for each of the quarters presented. Accordingly, the sum of the quarterly earnings per share amounts may not agree with the total year.
(2) | Historical market prices do not reflect any adjustment for the impact of the Lamb Weston Spinoff.
(3) | Per share dividend declared in the third quarter and fourth quarter of fiscal 2017 includes impact of the Lamb Weston Spinoff.

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a)-(j) -URI http://asc.fasb.org/extlink&oid=84173487&loc=d3e1280-108306 + Details
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