XML 42 R32.htm IDEA: XBRL DOCUMENT
v3.20.4

STOCKHOLDERS' EQUITY (Tables) | 6 Months Ended
--- | ---
Nov. 29, 2020
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 29, 2020:
|  | 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 31, 2020 |  |  | 584.2 |  |  | $ | 2,921.2 |  |  | $ | 2,323.2 |  |  | $ | 5,471.2 |  |  | $ | (109.6 | ) |  | $ | (2,729.9 | ) |  | $ | 74.6 |  |  | $ | 7,950.7 |
Stock option and incentive plans |  |  |  |  |  |  |  |  |  |  | (25.4 | ) |  |  | (0.7 | ) |  |  |  |  |  |  | 33.5 |  |  |  |  |  |  |  | 7.4 |
Adoption of ASU 2016-13 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1.1 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1.1 | )
Currency translation adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 15.3 |  |  |  |  |  |  |  | 2.2 |  |  |  | 17.5 |
Derivative adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (1.2 | ) |  |  |  |  |  |  |  |  |  |  | (1.2 | )
Activities of noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.8 |  |  |  | 0.8 |
Pension and postretirement healthcare benefits |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (0.3 | ) |  |  |  |  |  |  |  |  |  |  | (0.3 | )
Dividends declared on common stock; $0.2125 per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (103.8 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (103.8 | )
Net income attributable to Conagra Brands, Inc. |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 329.0 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 329.0 |
Balance at August 30, 2020 |  |  | 584.2 |  |  | $ | 2,921.2 |  |  | $ | 2,297.8 |  |  | $ | 5,694.6 |  |  | $ | (95.8 | ) |  | $ | (2,696.4 | ) |  | $ | 77.6 |  |  | $ | 8,199.0 |
Stock option and incentive plans |  |  |  |  |  |  |  |  |  |  | 14.2 |  |  |  | (0.4 | ) |  |  |  |  |  |  | 1.6 |  |  |  |  |  |  |  | 15.4 |
Currency translation adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 11.4 |  |  |  |  |  |  |  | (0.7 | ) |  |  | 10.7 |
Derivative adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (0.1 | ) |  |  |  |  |  |  |  |  |  |  | (0.1 | )
Activities of noncontrolling interests |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 0.6 |  |  |  | 0.6 |
Pension and postretirement healthcare benefits |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (0.6 | ) |  |  |  |  |  |  |  |  |  |  | (0.6 | )
Dividends declared on common stock; $0.275 per share |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (134.4 | ) |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (134.4 | )
Net income attributable to Conagra Brands, Inc. |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 378.9 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 378.9 |
Balance at November 29, 2020 |  |  | 584.2 |  |  | $ | 2,921.2 |  |  | $ | 2,312.0 |  |  | $ | 5,938.7 |  |  | $ | (85.1 | ) |  | $ | (2,694.8 | ) |  | $ | 77.5 |  |  | $ | 8,469.5 |
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 adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (8.9 | ) |  |  |  |  |  |  | (2.7 | ) |  |  | (11.6 | )
Derivative adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (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 adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 3.5 |  |  |  |  |  |  |  |  |  |  |  | 3.5 |
Derivative adjustments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (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 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_ScheduleOfStockholdersEquityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration