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RESTRUCTURING ACTIVITIES (Tables) | 12 Months Ended
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May 31, 2026
RESTRUCTURING ACTIVITIES |
Schedule of restructuring plan expenses | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Grocery & | ​ | Refrigerated | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | Snacks | ​ ​ ​ | & Frozen | ​ ​ ​ | International | ​ ​ ​ | Foodservice | ​ ​ ​ | Corporate | ​ ​ ​ | Total
Accelerated depreciation | ​ | $ | 43.9 | ​ | $ | 47.7 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 91.6
Other cost of goods sold | ​ | ​ | 14.3 | ​ | ​ | 10.6 | ​ | ​ | 1.9 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 26.8
Total cost of goods sold | ​ | ​ | 58.2 | ​ | ​ | 58.3 | ​ | ​ | 1.9 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 118.4
Severance and related costs | ​ | ​ | 12.7 | ​ | ​ | 9.7 | ​ | ​ | 6.4 | ​ | ​ | 0.3 | ​ | ​ | 26.5 | ​ | ​ | 55.6
Asset impairment (net of gains on disposal) | ​ | ​ | 37.2 | ​ | ​ | 78.1 | ​ | ​ | 12.4 | ​ | ​ | — | ​ | ​ | (0.4) | ​ | ​ | 127.3
Contract/lease termination | ​ | ​ | 2.4 | ​ | ​ | 0.9 | ​ | ​ | 0.3 | ​ | ​ | — | ​ | ​ | 0.3 | ​ | ​ | 3.9
Consulting/professional fees | ​ | ​ | 0.5 | ​ | ​ | 0.6 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 12.3 | ​ | ​ | 13.4
Other selling, general and administrative expenses | ​ | ​ | 25.0 | ​ | ​ | 10.3 | ​ | ​ | 0.9 | ​ | ​ | — | ​ | ​ | 1.3 | ​ | ​ | 37.5
Total selling, general and administrative expenses | ​ | ​ | 77.8 | ​ | ​ | 99.6 | ​ | ​ | 20.0 | ​ | ​ | 0.3 | ​ | ​ | 40.0 | ​ | ​ | 237.7
Total | ​ | $ | 136.0 | ​ | $ | 157.9 | ​ | $ | 21.9 | ​ | $ | 0.3 | ​ | $ | 40.0 | ​ | $ | 356.1
Pension and postretirement non-service income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 0.6
Consolidated total | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 356.7
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Grocery & | ​ | Refrigerated | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | Snacks | ​ ​ ​ | & Frozen | ​ ​ ​ | International | ​ ​ ​ | Corporate | ​ ​ ​ | Total
Accelerated depreciation | ​ | $ | 0.5 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 0.5
Other cost of goods sold | ​ | ​ | 2.2 | ​ | ​ | 1.1 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 3.3
Total cost of goods sold | ​ | ​ | 2.7 | ​ | ​ | 1.1 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 3.8
Severance and related costs | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 0.8 | ​ | ​ | 10.6 | ​ | ​ | 11.4
Asset impairment (net of gains on disposal) | ​ | ​ | 12.0 | ​ | ​ | (6.9) | ​ | ​ | 0.1 | ​ | ​ | (0.4) | ​ | ​ | 4.8
Contract/lease termination | ​ | ​ | 0.4 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 0.2 | ​ | ​ | 0.6
Consulting/professional fees | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 5.5 | ​ | ​ | 5.5
Other selling, general and administrative expenses | ​ | ​ | 5.5 | ​ | ​ | 0.5 | ​ | ​ | — | ​ | ​ | 0.2 | ​ | ​ | 6.2
Total selling, general and administrative expenses | ​ | ​ | 17.9 | ​ | ​ | (6.4) | ​ | ​ | 0.9 | ​ | ​ | 16.1 | ​ | ​ | 28.5
Total | ​ | $ | 20.6 | ​ | $ | (5.3) | ​ | $ | 0.9 | ​ | $ | 16.1 | ​ | $ | 32.3
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Grocery & | ​ | Refrigerated | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ ​ ​ | Snacks | ​ ​ ​ | & Frozen | ​ ​ ​ | International | ​ ​ ​ | Foodservice | ​ ​ ​ | Corporate | ​ ​ ​ | Total
Accelerated depreciation | ​ | $ | 43.9 | ​ | $ | 47.7 | ​ | $ | — | ​ | $ | — | ​ | $ | — | ​ | $ | 91.6
Other cost of goods sold | ​ | ​ | 14.3 | ​ | ​ | 10.6 | ​ | ​ | 2.0 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 26.9
Total cost of goods sold | ​ | ​ | 58.2 | ​ | ​ | 58.3 | ​ | ​ | 2.0 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 118.5
Severance and related costs | ​ | ​ | 12.7 | ​ | ​ | 9.7 | ​ | ​ | 6.4 | ​ | ​ | 0.3 | ​ | ​ | 26.4 | ​ | ​ | 55.5
Asset impairment (net of gains on disposal) | ​ | ​ | 37.2 | ​ | ​ | 78.1 | ​ | ​ | 12.4 | ​ | ​ | — | ​ | ​ | (0.4) | ​ | ​ | 127.3
Contract/lease termination | ​ | ​ | 2.4 | ​ | ​ | 0.9 | ​ | ​ | 0.3 | ​ | ​ | — | ​ | ​ | 0.3 | ​ | ​ | 3.9
Consulting/professional fees | ​ | ​ | 0.5 | ​ | ​ | 0.6 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 10.6 | ​ | ​ | 11.7
Other selling, general and administrative expenses | ​ | ​ | 24.5 | ​ | ​ | 9.3 | ​ | ​ | 0.8 | ​ | ​ | — | ​ | ​ | 1.4 | ​ | ​ | 36.0
Total selling, general and administrative expenses | ​ | ​ | 77.3 | ​ | ​ | 98.6 | ​ | ​ | 19.9 | ​ | ​ | 0.3 | ​ | ​ | 38.3 | ​ | ​ | 234.4
Total | ​ | $ | 135.5 | ​ | $ | 156.9 | ​ | $ | 21.9 | ​ | $ | 0.3 | ​ | $ | 38.3 | ​ | $ | 352.9
Pension and postretirement non-service income | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 0.6
Consolidated total | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | $ | 353.5
Schedule of liabilities recorded for the conagra restructuring plan and changes | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Costs | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Balance at | ​ | Incurred | ​ | Costs Paid | ​ | ​ | ​ | ​ | Balance at
​ | ​ | May 25, | ​ | and Charged | ​ | or Otherwise | ​ | Changes in | ​ | May 31,
​ | ​ | 2025 | ​ | to Expense | ​ | Settled | ​ | Estimates | ​ | 2026
Severance and related costs | ​ | $ | 14.6 | ​ | $ | 15.2 | ​ | $ | (13.5) | ​ | $ | (2.2) | ​ | $ | 14.1
Contract/lease termination | ​ | ​ | — | ​ | ​ | 0.6 | ​ | ​ | (0.6) | ​ | ​ | — | ​ | ​ | —
Consulting/professional fees | ​ | ​ | — | ​ | ​ | 5.5 | ​ | ​ | (3.7) | ​ | ​ | — | ​ | ​ | 1.8
Other costs | ​ | ​ | 2.8 | ​ | ​ | 12.7 | ​ | ​ | (9.6) | ​ | ​ | — | ​ | ​ | 5.9
Total | ​ | $ | 17.4 | ​ | $ | 34.0 | ​ | $ | (27.4) | ​ | $ | (2.2) | ​ | $ | 21.8
​

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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 -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -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 Reference 2: 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 + Details
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