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RESTRUCTURING ACTIVITIES (Tables) | 9 Months Ended
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Feb. 23, 2025
RESTRUCTURING ACTIVITIES |
Schedule of restructuring plan expenses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Grocery & | ​ | Refrigerated | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Snacks |  | & Frozen |  | International |  | Corporate |  | Total
Accelerated depreciation | ​ | $ | 2.2 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 2.2
Other cost of goods sold | ​ | ​ | 2.3 | ​ | ​ | 5.2 | ​ | ​ | (0.1) | ​ | ​ | — | ​ | ​ | 7.4
Total cost of goods sold | ​ | ​ | 4.5 | ​ | ​ | 5.2 | ​ | ​ | (0.1) | ​ | ​ | — | ​ | ​ | 9.6
Severance and related costs | ​ | ​ | 0.1 | ​ | ​ | 6.1 | ​ | ​ | (0.3) | ​ | ​ | 2.4 | ​ | ​ | 8.3
Asset impairment (net of gains on disposal) | ​ | ​ | 2.7 | ​ | ​ | 65.1 | ​ | ​ | (1.9) | ​ | ​ | — | ​ | ​ | 65.9
Contract/lease termination | ​ | ​ | 1.2 | ​ | ​ | — | ​ | ​ | 0.3 | ​ | ​ | 0.1 | ​ | ​ | 1.6
Other SG&A | ​ | ​ | 2.3 | ​ | ​ | 2.1 | ​ | ​ | 0.7 | ​ | ​ | 0.2 | ​ | ​ | 5.3
Total SG&A | ​ | ​ | 6.3 | ​ | ​ | 73.3 | ​ | ​ | (1.2) | ​ | ​ | 2.7 | ​ | ​ | 81.1
Total | ​ | $ | 10.8 | ​ | $ | 78.5 | ​ | $ | (1.3) | ​ | $ | 2.7 | ​ | $ | 90.7
Schedule of liabilities recorded for the conagra restructuring plan and changes | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | Costs |  | ​ | ​ |  | ​ | ​ |  | ​
​ | ​ | ​ | ​ | Incurred and | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Balance at | ​ | Charged to | ​ | Costs Paid or | ​ | Changes in | ​ | Balance at
​ | ​ | May 26, 2024 | ​ | Expense | ​ | Otherwise Settled | ​ | Estimates | ​ | February 23, 2025
Severance and related costs | ​ | $ | 9.8 | ​ | $ | 9.1 | ​ | $ | (7.8) | ​ | $ | (0.8) | ​ | $ | 10.3
Contract/lease termination | ​ | ​ | — | ​ | ​ | 1.6 | ​ | ​ | (1.6) | ​ | ​ | — | ​ | ​ | —
Other costs | ​ | ​ | 0.6 | ​ | ​ | 8.3 | ​ | ​ | (7.5) | ​ | ​ | — | ​ | ​ | 1.4
Total | ​ | $ | 10.4 | ​ | $ | 19.0 | ​ | $ | (16.9) | ​ | $ | (0.8) | ​ | $ | 11.7
​

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- Definition Tabular disclosure of costs incurred for restructuring including, but not limited to, exit and disposal activities, remediation, implementation, integration, asset impairment, and charges against earnings from the write-down of assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 5.P.3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 5.P.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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- Definition Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 420 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2 + Details
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