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STOCKHOLDERS' EQUITY (Tables) | 6 Months Ended
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Nov. 24, 2019
Equity [Abstract] |
Reconciliation of Stockholders' Equity Accounts | The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six weeks ended November 24, 2019:
|  | 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 26, 2019 |  |  | 584.2 |  |  | $ | 2,921.2 |  |  | $ | 2,286.0 |  |  | $ | 5,047.9 |  |  | $ | (110.3 | ) |  | $ | (2,760.2 | ) |  | $ | 79.1 |  |  | $ | 7,463.7 |
Stock option and incentive plans |  |  |  |  |  |  |  |  |  |  | (8.5 | ) |  |  | (0.3 | ) |  |  |  |  |  |  | 16.0 |  |  |  | (0.2 | ) |  |  | 7.0 |
Currency translation adjustment, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (8.9 | ) |  |  |  |  |  |  | (2.7 | ) |  |  | (11.6 | )
Derivative adjustment, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1.8 | ) |  |  |  |  |  |  |  |  |  |  | (1.8 | )
Activities of noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.5 |  |  |  | 0.5 |
Pension and postretirement healthcare benefits |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (11.4 | ) |  |  |  |  |  |  |  |  |  |  | (11.4 | )
Dividends declared on common stock; $0.2125 per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (103.4 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (103.4 | )
Net income attributable to Conagra Brands, Inc. |  |  |  |  |  |  |  |  |  |  |  |  |  | 173.8 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 173.8 |
Balance at August 25, 2019 |  |  | 584.2 |  |  | $ | 2,921.2 |  |  | $ | 2,277.5 |  |  | $ | 5,118.0 |  |  | $ | (132.4 | ) |  | $ | (2,744.2 | ) |  | $ | 76.7 |  |  | $ | 7,516.8 |
Stock option and incentive plans |  |  |  |  |  |  |  |  |  |  | 9.4 |  |  |  | (0.4 | ) |  |  |  |  |  |  | 4.5 |  |  |  |  |  |  |  | 13.5 |
Currency translation adjustment, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 |  |  |  |  |  |  |  |  |  |  |  | 3.5 |
Derivative adjustment, net |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1.4 | ) |  |  |  |  |  |  |  |  |  |  | (1.4 | )
Activities of noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1.8 |  |  |  | 1.8 |
Pension and postretirement healthcare benefits |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (0.7 | ) |  |  |  |  |  |  |  |  |  |  | (0.7 | )
Dividends declared on common stock; $0.2125 per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (103.4 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (103.4 | )
Net income attributable to Conagra Brands, Inc. |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 260.5 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 260.5 |
Balance at November 24, 2019 |  |  | 584.2 |  |  | $ | 2,921.2 |  |  | $ | 2,286.9 |  |  | $ | 5,274.7 |  |  | $ | (131.0 | ) |  | $ | (2,739.7 | ) |  | $ | 78.5 |  |  | $ | 7,690.6 |
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 |

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=109259400&loc=d3e21463-112644 + Details
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