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STOCKHOLDERS' EQUITY | 6 Months Ended
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Nov. 25, 2018
Equity [Abstract] |
STOCKHOLDERS' EQUITY | STOCKHOLDERS' EQUITY The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six weeks ended November 25, 2018:
| Conagra Brands, Inc. Stockholders' Equity |  |  |  |
| Common Shares |  | Common Stock |  | Additional Paid-in Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Income (Loss) |  | Treasury Stock |  | Noncontrolling Interests |  | Total Equity
Balance at May 27, 2018 | 567.9 |  |  | $ | 2,839.7 |  |  | $ | 1,180.0 |  |  | $ | 4,744.9 |  |  | $ | (110.5 | ) |  | $ | (4,977.9 | ) |  | $ | 80.4 |  |  | $ | 3,756.6 |
Stock option and incentive plans |  |  |  |  | (14.1 | ) |  | 0.5 |  |  |  |  | 23.3 |  |  | 0.1 |  |  | 9.8 |
Adoption of ASU 2016-01 |  |  |  |  |  |  | 0.6 |  |  | (0.6 | ) |  |  |  |  |  | — |
Adoption of ASU 2014-09 |  |  |  |  |  |  | 0.5 |  |  |  |  |  |  |  |  | 0.5 |
Currency translation adjustment, net |  |  |  |  |  |  |  |  | (0.7 | ) |  |  |  | (2.3 | ) |  | (3.0 | )
Derivative adjustment, net |  |  |  |  |  |  |  |  | (43.4 | ) |  |  |  |  |  | (43.4 | )
Activities of noncontrolling interests |  |  |  |  | (0.3 | ) |  |  |  |  |  |  |  | 0.3 |  |  | — |
Pension and postretirement healthcare benefits |  |  |  |  |  |  |  |  | (0.5 | ) |  |  |  |  |  | (0.5 | )
Dividends declared on common stock; $0.2125 per share |  |  |  |  |  |  | (83.2 | ) |  |  |  |  |  |  |  | (83.2 | )
Net income attributable to Conagra Brands, Inc. |  |  |  |  |  |  | 178.2 |  |  |  |  |  |  |  |  | 178.2 |
Balance at August 26, 2018 | 567.9 |  |  | $ | 2,839.7 |  |  | $ | 1,165.6 |  |  | $ | 4,841.5 |  |  | $ | (155.7 | ) |  | $ | (4,954.6 | ) |  | $ | 78.5 |  |  | $ | 3,815.0 |
Stock option and incentive plans |  |  |  |  | 2.2 |  |  | 0.1 |  |  |  |  | 3.7 |  |  |  |  | 6.0 |
Currency translation adjustment, net |  |  |  |  |  |  |  |  | (14.8 | ) |  |  |  | (0.9 | ) |  | (15.7 | )
Issuance of treasury shares |  |  |  |  | 638.2 |  |  |  |  |  |  | 2,178.1 |  |  |  |  | 2,816.3 |
Issuance of common stock | 16.3 |  |  | 81.5 |  |  | 474.2 |  |  |  |  |  |  |  |  |  |  | 555.7 |
Derivative adjustment, net |  |  |  |  |  |  |  |  | 79.2 |  |  |  |  |  |  | 79.2 |
Activities of noncontrolling interests |  |  |  |  | 0.6 |  |  |  |  |  |  |  |  | 1.6 |  |  | 2.2 |
Pension and postretirement healthcare benefits |  |  |  |  |  |  |  |  | (0.2 | ) |  |  |  |  |  | (0.2 | )
Dividends declared on common stock; $0.2125 per share |  |  |  |  |  |  | (86.8 | ) |  |  |  |  |  |  |  | (86.8 | )
Net income attributable to Conagra Brands, Inc. |  |  |  |  |  |  | 131.6 |  |  |  |  |  |  |  |  | 131.6 |
Balance at November 25, 2018 | 584.2 |  |  | $ | 2,921.2 |  |  | $ | 2,280.8 |  |  | $ | 4,886.4 |  |  | $ | (91.5 | ) |  | $ | (2,772.8 | ) |  | $ | 79.2 |  |  | $ | 7,303.3 |
The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six weeks ended November 26, 2017:
| Conagra Brands, Inc. Stockholders' Equity |  |  |  |
| Common Shares |  | Common Stock |  | Additional Paid-in Capital |  | Retained Earnings |  | Accumulated Other Comprehensive Income (Loss) |  | Treasury Stock |  | Noncontrolling Interests |  | Total Equity
Balance at May 28, 2017 | 567.9 |  |  | $ | 2,839.7 |  |  | $ | 1,171.9 |  |  | $ | 4,247.0 |  |  | $ | (212.9 | ) |  | $ | (4,054.9 | ) |  | $ | 87.0 |  |  | $ | 4,077.8 |
Stock option and incentive plans |  |  |  |  | (12.0 | ) |  | 0.4 |  |  |  |  | 17.7 |  |  |  |  | 6.1 |
Spinoff of Lamb Weston |  |  |  |  |  |  | 1.0 |  |  |  |  |  |  |  |  | 1.0 |
Currency translation adjustment, net |  |  |  |  |  |  |  |  | 31.5 |  |  |  |  | 1.0 |  |  | 32.5 |
Repurchase of common shares |  |  |  |  |  |  |  |  |  |  | (300.0 | ) |  |  |  | (300.0 | )
Unrealized gain on securities |  |  |  |  |  |  |  |  | 0.2 |  |  |  |  |  |  | 0.2 |
Activities of noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  | 0.8 |  |  | 0.8 |
Dividends declared on common stock; $0.2125 per share |  |  |  |  |  |  | (88.3 | ) |  |  |  |  |  |  |  | (88.3 | )
Net income attributable to Conagra Brands, Inc. |  |  |  |  |  |  | 152.5 |  |  |  |  |  |  |  |  | 152.5 |
Balance at August 27, 2017 | 567.9 |  |  | $ | 2,839.7 |  |  | $ | 1,159.9 |  |  | $ | 4,312.6 |  |  | $ | (181.2 | ) |  | $ | (4,337.2 | ) |  | $ | 88.8 |  |  | $ | 3,882.6 |
Stock option and incentive plans |  |  |  |  | 6.9 |  |  | (0.2 | ) |  |  |  | 9.3 |  |  |  |  | 16.0 |
Spinoff of Lamb Weston |  |  |  |  |  |  | 14.5 |  |  |  |  |  |  |  |  | 14.5 |
Currency translation adjustment, net |  |  |  |  |  |  |  |  | (11.6 | ) |  |  |  | (1.0 | ) |  | (12.6 | )
Repurchase of common shares |  |  |  |  |  |  |  |  |  |  | (280.0 | ) |  |  |  | (280.0 | )
Unrealized gain on securities |  |  |  |  |  |  |  |  | 0.2 |  |  |  |  |  |  | 0.2 |
Derivative adjustment, net |  |  |  |  |  |  |  |  | 0.7 |  |  |  |  |  |  | 0.7 |
Activities of noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  | 1.0 |  |  | 1.0 |
Pension and postretirement healthcare benefits |  |  |  |  |  |  |  |  | 26.7 |  |  |  |  |  |  | 26.7 |
Dividends declared on common stock; $0.2125 per share |  |  |  |  |  |  | (86.1 | ) |  |  |  |  |  |  |  | (86.1 | )
Net income attributable to Conagra Brands, Inc. |  |  |  |  |  |  | 223.5 |  |  |  |  |  |  |  |  | 223.5 |
Balance at November 26, 2017 | 567.9 |  |  | $ | 2,839.7 |  |  | $ | 1,166.8 |  |  | $ | 4,464.3 |  |  | $ | (165.2 | ) |  | $ | (4,607.9 | ) |  | $ | 88.8 |  |  | $ | 3,786.5 |

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- References No definition available. + Details
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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