Conagra Brands (CAG) 10-Q 5 Jan 23 2023 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information	6 Months Ended
	Nov. 27, 2022 shares
Document Information [Line Items]
Entity Central Index Key	0000023217
Entity Registrant Name	CONAGRA BRANDS INC.
Amendment Flag	false
Current Fiscal Year End Date	--05-28
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Nov. 27, 2022
Document Transition Report	false
Entity File Number	1-7275
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	47-0248710
Entity Address, Address Line One	222 W. Merchandise Mart Plaza, Suite 1300
Entity Address, City or Town	Chicago
Entity Address, State or Province	IL
Entity Address, Postal Zip Code	60654
City Area Code	312
Local Phone Number	549-5000
Title of 12(b) Security	Common Stock, $5.00 par value
Trading Symbol	CAG
Security Exchange Name	NYSE
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	476,622,501

Condensed Consolidated Statemen

Condensed Consolidated Statements of Earnings (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021
Net sales	$ 3,312.9	$ 3,058.9	$ 6,217.2	$ 5,712.2
Costs and expenses:
Cost of goods sold	2,390.6	2,304.1	4,574.6	4,284
Selling, general and administrative expenses	372.7	345.4	1,114.3	655.5
Pension and postretirement non-service income	(6.1)	(16.1)	(12.2)	(32.2)
Interest expense, net	100.3	94.9	197.4	189.1
Income before income taxes and equity method investment earnings	455.4	330.6	343.1	615.8
Income tax expense	122.5	84.2	136.9	153.9
Equity method investment earnings	49.3	29.5	98.5	49.7
Net income	382.2	275.9	304.7	511.6
Less: Net income attributable to noncontrolling interests	0.3	0.4	0.3	0.7
Net income attributable to Conagra Brands, Inc.	$ 381.9	$ 275.5	$ 304.4	$ 510.9
Earnings per share — basic
Net income attributable to Conagra Brands, Inc. common stockholders, basic (in dollars per share)	$ 0.80	$ 0.57	$ 0.63	$ 1.06
Earnings per share — diluted
Net income attributable to Conagra Brands, Inc. common stockholders, diluted (in dollars per share)	$ 0.79	$ 0.57	$ 0.63	$ 1.06

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021
Net income, pre-tax amount	$ 504.7	$ 360.1	$ 441.6	$ 665.5
Net income, tax (expense) benefit	(122.5)	(84.2)	(136.9)	(153.9)
Net income, after-tax amount	382.2	275.9	304.7	511.6
Unrealized derivative adjustments, pre-tax amount	9.7	2.2	7.4	(0.3)
Unrealized derivative adjustments, tax (expense) benefit	(2.4)	(0.5)	(1.8)	0.1
Unrealized derivative adjustments, after-tax amount	7.3	1.7	5.6	(0.2)
Reclassification for derivative adjustments included in net income, pre-tax amount	(1)	(0.3)	(1.6)	(0.6)
Reclassification for derivative adjustments included in net income, tax (expense) benefit	0.3	0	0.5	0.1
Reclassification for derivative adjustments included in net income, after-tax amount	(0.7)	(0.3)	(1.1)	(0.5)
Unrealized currency translation losses, pre-tax amount	(8.2)	(17.7)	(21.8)	(33.4)
Unrealized currency translation losses, tax (expense) benefit	0	0	0	0
Unrealized currency translation losses, after-tax amount	(8.2)	(17.7)	(21.8)	(33.4)
Unrealized pension and post-employment benefit obligations, pre-tax amount	(0.6)	0	1.6	2.1
Unrealized pension and post-employment benefit obligations, tax (expense) benefit	0.1	0	0	(0.2)
Unrealized pension and post-employment benefit obligations, after-tax amount	(0.5)	0	1.6	1.9
Reclassification for pension and post-employment benefit obligations included in net income (loss), pre-tax amount	(1.2)	(0.9)	(2.3)	(1.7)
Reclassification for pension and post-employment benefit obligations included in net income (loss), tax (expense) benefit	0.3	0.3	0.7	0.5
Reclassification for pension and post-employment benefit obligations included in net income (loss), after-tax amount	(0.9)	(0.6)	(1.6)	(1.2)
Comprehensive income (loss), pre-tax amount	503.4	343.4	424.9	631.6
Comprehensive income, tax (expense) benefit	(124.2)	(84.4)	(137.5)	(153.4)
Comprehensive income, after-tax amount	379.2	259	287.4	478.2
Comprehensive loss attributable to noncontrolling interests, pre-tax amount	(1.4)	(1)	(3.5)	(1.9)
Comprehensive loss attributable to noncontrolling interests, tax (expense) benefit	(0.1)	(0.1)	(0.1)	(0.2)
Comprehensive loss attributable to noncontrolling interests, after-tax amount	(1.5)	(1.1)	(3.6)	(2.1)
Comprehensive income attributable to Conagra Brands, Inc., pre-tax amount	504.8	344.4	428.4	633.5
Comprehensive income attributable to Conagra Brands, Inc., tax (expense) benefit	(124.1)	(84.3)	(137.4)	(153.2)
Comprehensive income attributable to Conagra Brands, Inc., after-tax amount	$ 380.7	$ 260.1	$ 291	$ 480.3

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Nov. 27, 2022	May 29, 2022
ASSETS
Cash and cash equivalents	$ 39.7	$ 83.3
Receivables, less allowance for doubtful accounts of $3.7 and $3.9	910.5	867.4
Inventories	2,347.7	1,966.7
Prepaid expenses and other current assets	118.5	116.3
Total current assets	3,416.4	3,033.7
Property, plant and equipment	5,993.1	5,896.3
Less accumulated depreciation	(3,304.9)	(3,159.1)
Property, plant and equipment, net	2,688.2	2,737.2
Goodwill	11,180.1	11,329.2
Brands, trademarks and other intangibles, net	3,579	3,857.8
Other assets	1,550.3	1,477.2
Assets, Total	22,414	22,435.1
LIABILITIES AND STOCKHOLDERS' EQUITY
Notes payable	365.5	184.3
Current installments of long-term debt	954.3	707.3
Accounts payable	1,596.3	1,864.6
Accrued payroll	119.4	151.7
Other accrued liabilities	687.2	610.9
Total current liabilities	3,722.7	3,518.8
Senior long-term debt, excluding current installments	8,081.8	8,088.2
Other noncurrent liabilities	1,871.8	1,965.9
Total liabilities	13,676.3	13,572.9
Common stockholders' equity
Common stock of $5 par value, authorized 1,200,000,000 shares; issued 584,219,229	2,921.2	2,921.2
Additional paid-in capital	2,360.9	2,324.6
Retained earnings	6,536.5	6,550.7
Accumulated other comprehensive loss	(24.6)	(11.2)
Less treasury stock, at cost, 107,596,728 and 104,157,169 common shares	(3,127.7)	(2,997.6)
Total Conagra Brands, Inc. common stockholders' equity	8,666.3	8,787.7
Noncontrolling interests	71.4	74.5
Total stockholders' equity	8,737.7	8,862.2
Liabilities and Equity, Total	$ 22,414	$ 22,435.1

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Unaudited) (Parentheticals) - USD ($) $ in Millions	Nov. 27, 2022	May 29, 2022
Allowance for Credit Loss	$ 3.7	$ 3.9
Common stock, par value (in dollars per share)	$ 5	$ 5
Common stock, shares authorized (in shares)	1,200,000,000	1,200,000,000
Common stock, shares issued (in shares)	584,219,229	584,219,229
Treasury stock, shares (in shares)	107,596,728	104,157,169

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021
Cash flows from operating activities:
Net income	$ 304.7	$ 511.6
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization	185.5	193.5
Asset impairment charges	413.7	41.6
Equity method investment earnings in excess of distributions	(55.6)	(24.2)
Stock-settled share-based payments expense	59	14.3
Contributions to pension plans	(5.9)	(4.9)
Pension benefit	(6.9)	(25.5)
Other items	(4.5)	(14.5)
Change in operating assets and liabilities excluding effects of business acquisitions and dispositions:
Receivables	(46.1)	(183.3)
Inventories	(380.9)	(148.4)
Deferred income taxes and income taxes payable, net	(39.4)	(13.9)
Prepaid expenses and other current assets	(13.8)	(10.4)
Accounts payable	(109.8)	(14.1)
Accrued payroll	(32.2)	(60.6)
Other accrued liabilities	30	0.9
Net cash flows from operating activities	297.8	262.1
Cash flows from investing activities:
Additions to property, plant and equipment	(188.4)	(257.5)
Sale of property, plant and equipment	2.4	9.9
Purchase of marketable securities	(1.6)	(1.9)
Sale of marketable securities	1.6	1.9
Proceeds from divestitures	0	0.1
Other items	4.1	3.3
Net cash flows from investing activities	(181.9)	(244.2)
Cash flows from financing activities:
Issuance of short-term borrowings, maturities greater than 90 days	172.2	392.6
Repayment of short-term borrowings, maturities greater than 90 days	(168.8)	(249.8)
Net issuance (repayment) of other short-term borrowings, maturities less than or equal to 90 days	72	(264.4)
Issuance of long-term debt	500	499.1
Repayment of long-term debt	(265.8)	(29.4)
Debt issuance costs	(4)	(2.5)
Repurchase of Conagra Brands, Inc. common shares	(150)	(50)
Payment of intangible asset financing arrangement	0	(12.6)
Cash dividends paid	(308.6)	(282)
Exercise of stock options and issuance of other stock awards, including tax withholdings	(5.7)	(17.4)
Other items	1.3	(7.3)
Net cash flows from financing activities	(157.4)	(23.7)
Effect of exchange rate changes on cash and cash equivalents and restricted cash	(2.1)	(5.7)
Net change in cash and cash equivalents and restricted cash	(43.6)	(11.5)
Cash and cash equivalents and restricted cash at beginning of period	83.3	80.2
Cash and cash equivalents and restricted cash at end of period	$ 39.7	$ 68.7

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. The accompanying Condensed Consolidated Financial Statements of Conagra Brands, Inc. (the "Company", "Conagra Brands", "we", "us", or "our") have been prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") for interim financial information and with the rules and regulations for reporting on Form 10 not second 2023, no May 29, 2022 not 10 May 29, 2022 no 1, "Summary of Significant Accounting Policies" 10

Note 2 - Restructuring Activiti

Note 2 - Restructuring Activities	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Restructuring and Related Activities Disclosure [Text Block]	2. Conagra Restructuring Plan In fiscal 2019, second 2023 November 27, 2022 November 27, 2022 second first 2023, second first 2022, We anticipate that we will recognize the following pre-tax expenses in association with the Conagra Restructuring Plan (amounts include charges recognized from plan inception through the second 2023 Grocery & Snacks Refrigerated & Frozen International Foodservice Corporate Total Accelerated depreciation $ 33.2 $ 39.6 $ — $ — $ — $ 72.8 Other cost of goods sold 8.7 2.5 — — — 11.2 Total cost of goods sold 41.9 42.1 — — — 84.0 Severance and related costs 11.6 1.2 1.3 0.3 5.1 19.5 Asset impairment (net of gains on disposal) 21.9 0.8 0.1 — — 22.8 Contract/lease termination 0.5 0.1 — — 0.1 0.7 Consulting/professional fees 0.5 2.4 — — 5.7 8.6 Other SG&A 12.8 3.1 — — 0.5 16.4 Total SG&A 47.3 7.6 1.4 0.3 11.4 68.0 Total $ 89.2 $ 49.7 $ 1.4 $ 0.3 $ 11.4 $ 152.0 Pension and postretirement non-service income 0.6 Consolidated total $ 152.6 During the second 2023 Grocery & Snacks Refrigerated & Frozen Corporate Total Severance and related costs $ (0.1 ) $ (0.1 ) $ 0.7 $ 0.5 Contract/lease termination — 0.1 — 0.1 Consulting/professional fees — — 0.4 0.4 Other SG&A — 0.7 0.1 0.8 Total $ (0.1 ) $ 0.7 $ 1.2 $ 1.8 Included in the above results are $1.8 million of charges that have resulted or will result in cash outflows. During the first 2023, Grocery & Snacks Refrigerated & Frozen Corporate Total Other cost of goods sold $ — $ 0.2 $ — $ 0.2 Total cost of goods sold — 0.2 — 0.2 Severance and related costs — — 0.7 0.7 Contract/lease termination 0.1 0.1 — 0.2 Consulting/professional fees — — 3.4 3.4 Other SG&A 0.1 1.1 0.2 1.4 Total SG&A 0.2 1.2 4.3 5.7 Total $ 0.2 $ 1.4 $ 4.3 $ 5.9 Included in the above results are $6.0 million in charges that have resulted or will result in cash outflows and a non-cash net benefit of $0.1 million. We recognized the following cumulative (plan inception to November 27, 2022 Grocery & Snacks Refrigerated & Frozen International Foodservice Corporate Total Accelerated depreciation $ 33.2 $ 39.6 $ — $ — $ — $ 72.8 Other cost of goods sold 8.7 2.5 — — — 11.2 Total cost of goods sold 41.9 42.1 — — — 84.0 Severance and related costs 11.6 1.2 1.3 0.3 5.1 19.5 Asset impairment (net of gains on disposal) 21.9 0.8 0.1 — — 22.8 Contract/lease termination 0.5 0.1 — — 0.1 0.7 Consulting/professional fees — — — — 5.1 5.1 Other SG&A 12.7 2.2 — — 0.5 15.4 Total SG&A 46.7 4.3 1.4 0.3 10.8 63.5 Total $ 88.6 $ 46.4 $ 1.4 $ 0.3 $ 10.8 $ 147.5 Pension and postretirement non-service income 0.6 Consolidated total $ 148.1 Included in the above results are $46.1 million of charges that have resulted or will result in cash outflows and $102.0 million in non-cash charges. Liabilities recorded for the Conagra Restructuring Plan and changes therein for the first 2023 Balance at May 29, 2022 Costs Incurred and Charged to Expense Costs Paid or Otherwise Settled Changes in Estimates Balance at November 27, 2022 Severance and related costs $ 3.2 $ 1.3 $ (1.7 ) $ (0.6 ) $ 2.2 Contract/lease termination — 0.2 (0.2 ) — — Consulting/professional fees 1.7 3.4 (5.0 ) — 0.1 Other costs 0.2 1.6 (1.8 ) — — Total $ 5.1 $ 6.5 $ (8.7 ) $ (0.6 ) $ 2.3 Pinnacle Integration Restructuring Plan As of the end of the first 2023, 2018 first 2023, second first 2022, We had recognized $294.1 million in pre-tax expenses ($12.8 million in cost of goods sold and $281.3 million in SG&A expenses) from the inception of this plan through November 27, 2022 not

Note 3 - Debt and Revolving Cre

Note 3 - Debt and Revolving Credit Facility	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Long-Term Debt [Text Block]	3. During the first 2023, August 26, 2025. second 2023, September 15, 2022, may November 27, 2022 During the first 2022, August 11, 2023. In the first 2023, one August 26, 2027 may one two November 27, 2022 no The Revolving Credit Agreement generally requires our ratio of earnings before interest, taxes, depreciation and amortization ("EBITDA") to interest expense not 1.0 not 1.0 third 2023 1.0 four November 27, 2022 As of November 27, 2022 May 29, 2022 We enter into various supplier financing arrangements to facilitate supply from our vendors. Balance sheet classification is based on the nature of the arrangement and amounts are classified as either Accounts payable or Notes payable within our Condensed Consolidated Balance Sheets. We have concluded that certain obligations to our suppliers, including amounts due and scheduled payment terms, are impacted by third November 27, 2022 Net interest expense consists of: Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Long-term debt $ 100.4 $ 97.7 $ 198.1 $ 194.6 Short-term debt 2.1 0.5 4.0 1.1 Interest income (0.6 ) (0.3 ) (1.5 ) (0.6 ) Interest capitalized (1.6 ) (3.0 ) (3.2 ) (6.0 ) $ 100.3 $ 94.9 $ 197.4 $ 189.1

Note 4 - Goodwill and Other Ide

Note 4 - Goodwill and Other Identifiable Intangible Assets	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	4. The change in the carrying amount of goodwill for the first 2023 Grocery & Snacks Refrigerated & Frozen International Foodservice Total Balance as of May 29, 2022 $ 4,692.4 $ 5,611.2 $ 292.8 $ 732.8 $ 11,329.2 Currency translation — — (7.4 ) — (7.4 ) Impairment — (141.7 ) — — (141.7 ) Balance as of November 27, 2022 $ 4,692.4 $ 5,469.5 $ 285.4 $ 732.8 $ 11,180.1 Other identifiable intangible assets were as follows: November 27, 2022 May 29, 2022 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Non-amortizing intangible assets Brands and trademarks $ 2,816.2 $ — $ 3,061.6 $ — Amortizing intangible assets Customer relationships and intellectual property 1,232.6 469.8 1,233.9 437.7 $ 4,048.8 $ 469.8 $ 4,295.5 $ 437.7 During the first 2023, two Fair value of our reporting units is estimated using a discounted cash flow analysis. Both the "relief from royalty" methodology used to value our indefinite-lived intangible assets and the discounted cash flow analysis require us to estimate the future cash flows as well as to select a risk-adjusted discount rate to measure the present value of the anticipated cash flows. When determining future cash flow estimates, we consider historical results adjusted to reflect current and anticipated operating conditions. We estimate cash flows for a reporting unit over a discrete period (typically five As a result of our impairment tests, we recognized goodwill impairment charges within SG&A expenses of $141.7 million within our Sides, Components, Enhancers reporting unit in the first 2023. Birds Eye ® first 2023. 125 Amortizing intangible assets carry a remaining weighted average life of approximately 18 years. Amortization expense was $14.7 million and $29.5 million for the second first 2023 second first 2022 November 27, 2022 five

Note 5 - Derivative Financial I

Note 5 - Derivative Financial Instruments	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	5. Our operations are exposed to market risks from adverse changes in commodity prices affecting the cost of raw materials and energy, foreign currency exchange rates, and interest rates. In the normal course of business, these risks are managed through a variety of strategies, including the use of derivatives. Commodity futures and option contracts are used from time to time to economically hedge commodity input prices on items such as natural gas, vegetable oils, proteins, packaging materials, dairy, grains, diesel fuel and electricity. Generally, we economically hedge a portion of our anticipated consumption of commodity inputs for periods of up to 36 may November 27, 2022 April 2024. In order to reduce exposures related to changes in foreign currency exchange rates, we enter into forward exchange, option, or swap contracts from time to time for transactions denominated in a currency other than the applicable functional currency. This includes, but is not November 27, 2022 August 2023. From time to time, we may not Derivatives Designated as Cash Flow Hedges During the first 2019, second 2019 November 27, 2022 Economic Hedges of Forecasted Cash Flows Many of our derivatives do not not Economic Hedges of Fair Values Foreign Currency Exchange Rate Risk We may All derivative instruments are recognized on our balance sheets at fair value (refer to Note 13 November 27, 2022 May 29, 2022 Derivative assets and liabilities and amounts representing a right to reclaim cash collateral or an obligation to return cash collateral were reflected in our Condensed Consolidated Balance Sheets as follows: November 27, 2022 May 29, 2022 Prepaid expenses and other current assets $ 11.6 $ 7.0 Other accrued liabilities 1.5 2.2 The following table presents our derivative assets and liabilities, at November 27, 2022 Derivative Assets Derivative Liabilities Balance Sheet Location Fair Value Balance Sheet Location Fair Value Commodity contracts Prepaid expenses and other $ 8.4 Other accrued liabilities $ 0.3 Foreign exchange contracts Prepaid expenses and other 2.5 Other accrued liabilities 1.6 Total derivatives not designated as hedging instruments $ 10.9 $ 1.9 The following table presents our derivative assets and liabilities at May 29, 2022 Derivative Assets Derivative Liabilities Balance Sheet Location Fair Value Balance Sheet Location Fair Value Commodity contracts Prepaid expenses and other current assets $ 26.8 Other accrued liabilities $ 16.1 Foreign exchange contracts Prepaid expenses and other current assets 0.3 Other accrued liabilities 2.2 Total derivatives not designated as hedging instruments $ 27.1 $ 18.3 The location and amount of gains from derivatives not Location in Condensed Consolidated Gains Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Thirteen Weeks Ended Derivatives Not Designated as Hedging Instruments Statements of Earnings of Gains Recognized on Derivatives November 27, 2022 November 28, 2021 Commodity contracts Cost of goods sold $ 3.7 $ 4.6 Foreign exchange contracts Cost of goods sold 1.6 2.4 Total gains from derivative instruments not designated as hedging instruments $ 5.3 $ 7.0 Location in Condensed Consolidated Gains Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Twenty-Six Weeks Ended Derivatives Not Designated as Hedging Instruments Statements of Earnings of Gains Recognized on Derivatives November 27, 2022 November 28, 2021 Commodity contracts Cost of goods sold $ 10.0 $ 8.8 Foreign exchange contracts Cost of goods sold 4.8 8.4 Total gains from derivative instruments not designated as hedging instruments $ 14.8 $ 17.2 As of November 27, 2022 May 29, 2022 November 27, 2022 May 29, 2022 We enter into certain commodity, interest rate, and foreign exchange derivatives with a diversified group of counterparties. We continually monitor our positions and the credit ratings of the counterparties involved and limit the amount of credit exposure to any one may not not At November 27, 2022

Note 6- Share-based Payments

Note 6- Share-based Payments	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Share-Based Payment Arrangement [Text Block]	6. For the second first 2023, second first 2022, first 2023, Performance shares are granted to selected executives and other key employees with vesting contingent upon meeting various Company-wide performance goals. The performance goal for one third three 2023 "2023 2021 two 2023 two 2023. three 2024 "2024 three 2025 "2025 one 2023 2024 2025 zero two hundred Awards, if earned, will be paid in shares of our common stock. Subject to limited exceptions set forth in our performance share plan, any shares earned will be distributed after the end of the performance period, and generally only if the participant continues to be employed with the Company through the date of distribution. For awards where performance against the performance target has not

Note 7 - Earnings Per Share

Note 7 - Earnings Per Share	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Earnings Per Share [Text Block]	7. Basic earnings per share is calculated on the basis of weighted average outstanding shares of common stock. Diluted earnings per share is computed on the basis of basic weighted average outstanding shares of common stock adjusted for the dilutive effect of stock options, restricted stock unit awards, and other dilutive securities. The following table reconciles the income and average share amounts used to compute both basic and diluted earnings per share: Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Net income attributable to Conagra Brands, Inc. common stockholders: $ 381.9 $ 275.5 $ 304.4 $ 510.9 Weighted average shares outstanding: Basic weighted average shares outstanding 479.4 480.2 480.0 480.3 Add: Dilutive effect of stock options, restricted stock unit awards, and other dilutive securities 1.5 1.7 1.6 1.8 Diluted weighted average shares outstanding 480.9 481.9 481.6 482.1 For the second first 2023 second first 2022

Note 8 - Inventories

Note 8 - Inventories	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Inventory Disclosure [Text Block]	8. The major classes of inventories were as follows: November 27, 2022 May 29, 2022 Raw materials and packaging $ 399.1 $ 387.5 Work in process 298.5 164.8 Finished goods 1,554.3 1,326.5 Supplies and other 95.8 87.9 Total $ 2,347.7 $ 1,966.7

Note 9 - Income Taxes

Note 9 - Income Taxes	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Income Tax Disclosure [Text Block]	9. In the second 2023 2022 first 2023 2022 second 2023 2022 first 2023 2022 The effective tax rate in the second 2023 The effective tax rate in the first 2023 first 2023, The effective tax rate for the second 2022 The effective tax rate in the first 2022 The amount of gross unrecognized tax benefits for uncertain tax positions was $29.7 million as of November 27, 2022 May 29, 2022 second 2023, not November 27, 2022 May 29, 2022 The net amount of unrecognized tax benefits at November 27, 2022 May 29, 2022 We estimate that it is reasonably possible that the amount of gross unrecognized tax benefits will decrease by up to $4.8 million over the next twelve In the prior year, we made the assessment that the current earnings of certain foreign subsidiaries were not not November 27, 2022 May 30, 2021 not On August 16, 2022, 2022 not

Note 10 - Contingencies

Note 10 - Contingencies	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	10. Litigation Matters We are a party to certain litigation matters relating to our acquisition of Beatrice Company ("Beatrice") in fiscal 1991, 1962 1967. not first 2023, one 2019, seven 2020 2026, November 27, 2022. November 27, 2022. We are party to a number of putative class action lawsuits challenging various product claims made in the Company's product labeling. These matters include Briseno v. ConAgra Foods, Inc . Wesson ® 100% November 15, 2022, December 9, 2022. We are party to matters challenging the Company's wage and hour practices. While we cannot predict with certainty the results of these or any other legal proceedings, we do not We are party to a number of matters asserting product liability claims against the Company related to certain Pam ® not Environmental Matters Securities and Exchange Commission (the "SEC") regulations require us to disclose certain information about environmental proceedings if a governmental authority is a party to such proceedings and such proceedings involve potential monetary sanctions that we reasonably believe will exceed a stated threshold. Pursuant to the SEC regulations, the Company uses a threshold of $1.0 million for purposes of determining whether disclosure of any such proceedings is required. In October 2019, May 1 October 31 2020 2021 April 1 October 31 2022 2020, 2021, 2022. 2020 2021; may We are a party to certain environmental proceedings relating to businesses divested by Beatrice prior to our acquisition in fiscal 1991, 35 November 27, 2022 Guarantees and Other Contingencies In certain limited situations, we will guarantee an obligation of an unconsolidated entity. As of November 27, 2022, November 8, 2016 ( third 2025 one five We also guarantee a lease resulting from an exited facility. As of November 27, 2022 not four General After taking into account liabilities recognized for all of the foregoing matters, management believes the ultimate resolution of such matters should not may Costs of legal services associated with the foregoing matters are recognized within SG&A expenses as services are provided.

Note 11 - Pension and Postretir

Note 11 - Pension and Postretirement Benefits	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Retirement Benefits [Text Block]	11. We have defined benefit retirement plans ("pension plans") for eligible salaried and hourly employees. Benefits are based on years of credited service and average compensation or stated amounts for each year of service. We also sponsor postretirement plans which provide certain medical and dental benefits to qualifying U.S. employees. Components of pension and postretirement plan costs (benefits) are: Pension Plans Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Service cost $ 1.7 $ 2.0 $ 3.3 $ 4.7 Interest cost 31.0 20.8 62.0 41.6 Expected return on plan assets (36.4 ) (36.3 ) (72.9 ) (72.7 ) Amortization of prior service cost 0.3 0.4 0.7 0.9 Pension cost (benefit) — Company plans (3.4 ) (13.1 ) (6.9 ) (25.5 ) Pension cost (benefit) — multi-employer plans 2.8 2.4 5.0 4.3 Total pension cost (benefit) $ (0.6 ) $ (10.7 ) $ (1.9 ) $ (21.2 ) Postretirement Plans Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Service cost $ 0.1 $ 0.1 $ 0.1 $ 0.1 Interest cost 0.6 0.4 1.1 0.7 Amortization of prior service cost (benefit) (0.5 ) (0.4 ) (0.9 ) (0.9 ) Recognized net actuarial gain (1.1 ) (1.0 ) (2.2 ) (1.8 ) Total postretirement cost (benefit) $ (0.9 ) $ (0.9 ) $ (1.9 ) $ (1.9 ) The Company uses a split discount rate (spot-rate approach) for the U.S. plans and certain foreign plans. The spot-rate approach applies separate discount rates for each projected benefit payment in the calculation of pension service and interest cost. The weighted-average discount rates for service and interest costs under the spot-rate approach used for pension cost in fiscal 2023 During the second first 2023, 2023. 2023.

Note 12 - Stockholders' Equity

Note 12 - Stockholders' Equity	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	12. The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six November 27, 2022 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 29, 2022 584.2 $ 2,921.2 $ 2,324.6 $ 6,550.7 $ (11.2 ) $ (2,997.6 ) $ 74.5 $ 8,862.2 Stock option and incentive plans (1.6 ) 0.2 16.3 14.9 Currency translation adjustments (11.5 ) (2.1 ) (13.6 ) Repurchase of common shares (50.0 ) (50.0 ) Derivative adjustments (2.1 ) (2.1 ) Pension and postretirement healthcare benefits 1.4 1.4 Dividends declared on common stock; $ 0.33 (158.6 ) (158.6 ) Net loss attributable to Conagra Brands, Inc. (77.5 ) (77.5 ) Balance at August 28, 2022 584.2 $ 2,921.2 $ 2,323.0 $ 6,314.8 $ (23.4 ) $ (3,031.3 ) $ 72.4 $ 8,576.7 Stock option and incentive plans 37.9 (2.4 ) 3.6 0.5 39.6 Currency translation adjustments (6.5 ) (1.7 ) (8.2 ) Repurchase of common shares (100.0 ) (100.0 ) Derivative adjustments 6.6 6.6 Activities of noncontrolling interests 0.3 0.3 Pension and postretirement healthcare benefits (1.3 ) (0.1 ) (1.4 ) Dividends declared on common stock; $ 0.33 (157.8 ) (157.8 ) Net income attributable to Conagra Brands, Inc. 381.9 381.9 Balance at November 27, 2022 584.2 $ 2,921.2 $ 2,360.9 $ 6,536.5 $ (24.6 ) $ (3,127.7 ) $ 71.4 $ 8,737.7 The following table presents a reconciliation of our stockholders' equity accounts for the twenty-six November 28, 2021 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 30, 2021 584.2 $ 2,921.2 $ 2,342.1 $ 6,262.6 $ 5.8 $ (2,979.9 ) $ 79.6 $ 8,631.4 Stock option and incentive plans (37.1 ) 0.2 21.8 0.3 (14.8 ) Currency translation adjustments (14.4 ) (1.3 ) (15.7 ) Repurchase of common shares (50.0 ) (50.0 ) Derivative adjustments (2.1 ) (2.1 ) Activities of noncontrolling interests 0.3 0.3 Pension and postretirement healthcare benefits 1.3 1.3 Dividends declared on common stock; $ 0.3125 (149.9 ) (149.9 ) Net income attributable to Conagra Brands, Inc. 235.4 235.4 Balance at August 29, 2021 584.2 $ 2,921.2 $ 2,305.0 $ 6,348.3 $ (9.4 ) $ (3,008.1 ) $ 78.9 $ 8,635.9 Stock option and incentive plans 12.1 (0.6 ) 0.3 0.1 11.9 Currency translation adjustments (16.2 ) (1.5 ) (17.7 ) Derivative adjustments 1.4 1.4 Activities of noncontrolling interests 0.4 0.4 Pension and postretirement healthcare benefits (0.6 ) (0.6 ) Dividends declared on common stock; $ 0.3125 (149.9 ) (149.9 ) Net income attributable to Conagra Brands, Inc. 275.5 275.5 Balance at November 28, 2021 584.2 $ 2,921.2 $ 2,317.1 $ 6,473.3 $ (24.8 ) $ (3,007.8 ) $ 77.9 $ 8,756.9 The following table details the accumulated balances for each component of other comprehensive loss, net of tax: November 27, 2022 May 29, 2022 Currency translation losses, net of reclassification adjustments $ (113.1 ) $ (95.1 ) Derivative adjustments, net of reclassification adjustments 34.3 29.8 Pension and postretirement benefit obligations, net of reclassification adjustments 54.2 54.1 Accumulated other comprehensive loss $ (24.6 ) $ (11.2 ) The following tables summarize the reclassifications from accumulated other comprehensive income (loss) into income: Thirteen Weeks Ended Affected Line Item in the Condensed Consolidated Statement of Earnings 1 November 27, 2022 November 28, 2021 Net derivative adjustments: Cash flow hedges $ (0.8 ) $ (0.7 ) Interest expense, net Cash flow hedges (0.2 ) 0.4 Equity method investment earnings (1.0 ) (0.3 ) Total before tax 0.3 — Income tax expense $ (0.7 ) $ (0.3 ) Net of tax Pension and postretirement liabilities: Net prior service cost $ (0.1 ) $ 0.1 Pension and postretirement non-service income Net actuarial gain (1.1 ) (1.0 ) Pension and postretirement non-service income (1.2 ) (0.9 ) Total before tax 0.3 0.3 Income tax expense $ (0.9 ) $ (0.6 ) Net of tax Twenty-Six Weeks Ended Affected Line Item in the Condensed Consolidated Statement of Earnings 1 November 27, 2022 November 28, 2021 Net derivative adjustments: Cash flow hedges $ (1.6 ) $ (1.5 ) Interest expense, net Cash flow hedges — 0.9 Equity method investment earnings (1.6 ) (0.6 ) Total before tax 0.5 0.1 Income tax expense $ (1.1 ) $ (0.5 ) Net of tax Pension and postretirement liabilities: Net prior service cost $ (0.1 ) $ 0.1 Pension and postretirement non-service income Net actuarial gain (2.2 ) (1.8 ) Pension and postretirement non-service income (2.3 ) (1.7 ) Total before tax 0.7 0.5 Income tax expense $ (1.6 ) $ (1.2 ) Net of tax 1

Note 13 - Fair Value Measuremen

Note 13 - Fair Value Measurements	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Fair Value Disclosures [Text Block]	13. Financial Accounting Standards Board guidance establishes a three three Level 1 Level 2 1, Level 3 The fair values of our Level 2 2 Our Level 3 second 2022. not The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of November 27, 2022 Level 1 Level 2 Level 3 Net Value Assets: Derivative assets $ 6.2 $ 5.4 $ — $ 11.6 Deferred compensation assets 7.1 — — 7.1 Available-for-sale debt securities — — 7.9 7.9 Total assets $ 13.3 $ 5.4 $ 7.9 $ 26.6 Liabilities: Derivative liabilities $ — $ 1.5 $ — $ 1.5 Deferred compensation liabilities 72.5 — — 72.5 Total liabilities $ 72.5 $ 1.5 $ — $ 74.0 The following table presents our financial assets and liabilities measured at fair value on a recurring basis, based upon the level within the fair value hierarchy in which the fair value measurements fall, as of May 29, 2022 Level 1 Level 2 Level 3 Net Value Assets: Derivative assets $ 5.7 $ 1.3 $ — $ 7.0 Deferred compensation assets 7.5 — — 7.5 Available-for-sale debt securities — — 7.6 7.6 Total assets $ 13.2 $ 1.3 $ 7.6 $ 22.1 Liabilities: Derivative liabilities $ — $ 2.2 $ — $ 2.2 Deferred compensation liabilities 72.6 — — 72.6 Total liabilities $ 72.6 $ 2.2 $ — $ 74.8 Certain assets and liabilities, including long-lived assets, goodwill, asset retirement obligations, and equity investments are measured at fair value on a nonrecurring basis using Level 3 In the first 2023, 4 During the first 2023, 4 In the first 2023, second 2022, no second 2023 1 The carrying amount of long-term debt (including current installments) was $9.04 billion and $8.80 billion as of November 27, 2022 May 29, 2022 2 November 27, 2022 May 29, 2022

Note 14 - Business Segments and

Note 14 - Business Segments and Related Information	6 Months Ended
	Nov. 27, 2022
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	14. We reflect our results of operations in four The Grocery & Snacks reporting segment principally includes branded, shelf-stable food products sold in various retail channels in the United States. The Refrigerated & Frozen reporting segment principally includes branded, temperature-controlled food products sold in various retail channels in the United States. The International reporting segment principally includes branded food products, in various temperature states, sold in various retail and foodservice channels outside of the United States. The Foodservice reporting segment includes branded and customized food products, including meals, entrees, sauces and a variety of custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments primarily in the United States. We do not Operating profit for each of the segments is based on net sales less all identifiable operating expenses. General corporate expense; pension and postretirement non-service income; interest expense, net; income taxes; and equity method investment earnings have been excluded from segment operations. Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Net sales Grocery & Snacks $ 1,349.9 $ 1,264.5 $ 2,538.2 $ 2,339.6 Refrigerated & Frozen 1,421.5 1,285.9 2,629.1 2,387.7 International 258.7 262.2 492.2 498.8 Foodservice 282.8 246.3 557.7 486.1 Total net sales $ 3,312.9 $ 3,058.9 $ 6,217.2 $ 5,712.2 Operating profit Grocery & Snacks $ 340.4 $ 249.2 $ 590.8 $ 465.1 Refrigerated & Frozen 250.3 168.3 34.0 325.9 International 36.9 37.1 63.8 71.2 Foodservice 28.5 13.8 29.7 34.1 Total operating profit $ 656.1 $ 468.4 $ 718.3 $ 896.3 Equity method investment earnings 49.3 29.5 98.5 49.7 General corporate expense 106.5 59.0 190.0 123.6 Pension and postretirement non-service income (6.1 ) (16.1 ) (12.2 ) (32.2 ) Interest expense, net 100.3 94.9 197.4 189.1 Income tax expense 122.5 84.2 136.9 153.9 Net income $ 382.2 $ 275.9 $ 304.7 $ 511.6 Less: Net income attributable to noncontrolling interests 0.3 0.4 0.3 0.7 Net income attributable to Conagra Brands, Inc. $ 381.9 $ 275.5 $ 304.4 $ 510.9 The following table presents further disaggregation of our net sales: Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Frozen $ 1,157.5 $ 1,073.1 $ 2,165.9 $ 1,993.5 Staples Other shelf-stable 758.4 724.6 1,448.5 1,366.2 Refrigerated 264.0 212.8 463.2 394.2 Snacks 591.5 539.9 1,089.7 973.4 Foodservice 282.8 246.3 557.7 486.1 International 258.7 262.2 492.2 498.8 Total net sales $ 3,312.9 $ 3,058.9 $ 6,217.2 $ 5,712.2 To be consistent with the manner in which we present certain disaggregated net sales information to investors, we have categorized certain net sales of our segments as "Staples", which includes all of our U.S. domestic retail refrigerated products and other shelf-stable grocery products. Management continues to regularly review financial results and make decisions about allocating resources based upon the four Presentation of Derivative Gains (Losses) from Economic Hedges of Forecasted Cash Flows in Segment Results Derivatives used to manage commodity price risk and foreign currency risk are not The following table presents the net derivative gains (losses) from economic hedges of forecasted commodity consumption and the foreign currency risk of certain forecasted transactions, under this methodology: Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Gross derivative gains incurred $ 5.2 $ 7.0 $ 14.7 $ 17.2 Less: Net derivative gains allocated to reporting segments 7.6 8.8 16.6 13.8 Net derivative gains (losses) recognized in general corporate expenses $ (2.4 ) $ (1.8 ) $ (1.9 ) $ 3.4 Net derivative gains allocated to Grocery & Snacks $ 2.5 $ 4.7 $ 7.5 $ 7.9 Net derivative gains allocated to Refrigerated & Frozen 4.3 4.6 7.6 9.3 Net derivative gains (losses) allocated to International 0.6 (0.7 ) 0.7 (3.9 ) Net derivative gains allocated to Foodservice 0.2 0.2 0.8 0.5 Net derivative gains included in segment operating profit $ 7.6 $ 8.8 $ 16.6 $ 13.8 As of November 27, 2022 not twenty-six November 27, 2022 2023. 2023 2024 Assets by Segment The majority of our manufacturing assets are shared across multiple reporting segments. Output from these facilities used by each reporting segment can change over time. Also, working capital balances are not second first 2023, second first 2022, Other Information Our operations are principally in the United States. With respect to operations outside of the United States, no second first 2023 2022. second first 2023, second first 2022 not Our largest customer, Walmart, Inc. and its affiliates, accounted for approximately 28% of consolidated net sales in both the second first 2023, second first 2022, Walmart, Inc. and its affiliates accounted for approximately 20% and 30% of consolidated net receivables as of November 27, 2022 May 29, 2022 November 27, 2022 May 29, 2022

Note 2 - Restructuring Activi_2

Note 2 - Restructuring Activities (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Restructuring and Related Costs [Table Text Block]	Grocery & Snacks Refrigerated & Frozen International Foodservice Corporate Total Accelerated depreciation $ 33.2 $ 39.6 $ — $ — $ — $ 72.8 Other cost of goods sold 8.7 2.5 — — — 11.2 Total cost of goods sold 41.9 42.1 — — — 84.0 Severance and related costs 11.6 1.2 1.3 0.3 5.1 19.5 Asset impairment (net of gains on disposal) 21.9 0.8 0.1 — — 22.8 Contract/lease termination 0.5 0.1 — — 0.1 0.7 Consulting/professional fees 0.5 2.4 — — 5.7 8.6 Other SG&A 12.8 3.1 — — 0.5 16.4 Total SG&A 47.3 7.6 1.4 0.3 11.4 68.0 Total $ 89.2 $ 49.7 $ 1.4 $ 0.3 $ 11.4 $ 152.0 Pension and postretirement non-service income 0.6 Consolidated total $ 152.6 Grocery & Snacks Refrigerated & Frozen Corporate Total Severance and related costs $ (0.1 ) $ (0.1 ) $ 0.7 $ 0.5 Contract/lease termination — 0.1 — 0.1 Consulting/professional fees — — 0.4 0.4 Other SG&A — 0.7 0.1 0.8 Total $ (0.1 ) $ 0.7 $ 1.2 $ 1.8 Grocery & Snacks Refrigerated & Frozen Corporate Total Other cost of goods sold $ — $ 0.2 $ — $ 0.2 Total cost of goods sold — 0.2 — 0.2 Severance and related costs — — 0.7 0.7 Contract/lease termination 0.1 0.1 — 0.2 Consulting/professional fees — — 3.4 3.4 Other SG&A 0.1 1.1 0.2 1.4 Total SG&A 0.2 1.2 4.3 5.7 Total $ 0.2 $ 1.4 $ 4.3 $ 5.9 Grocery & Snacks Refrigerated & Frozen International Foodservice Corporate Total Accelerated depreciation $ 33.2 $ 39.6 $ — $ — $ — $ 72.8 Other cost of goods sold 8.7 2.5 — — — 11.2 Total cost of goods sold 41.9 42.1 — — — 84.0 Severance and related costs 11.6 1.2 1.3 0.3 5.1 19.5 Asset impairment (net of gains on disposal) 21.9 0.8 0.1 — — 22.8 Contract/lease termination 0.5 0.1 — — 0.1 0.7 Consulting/professional fees — — — — 5.1 5.1 Other SG&A 12.7 2.2 — — 0.5 15.4 Total SG&A 46.7 4.3 1.4 0.3 10.8 63.5 Total $ 88.6 $ 46.4 $ 1.4 $ 0.3 $ 10.8 $ 147.5 Pension and postretirement non-service income 0.6 Consolidated total $ 148.1
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	Balance at May 29, 2022 Costs Incurred and Charged to Expense Costs Paid or Otherwise Settled Changes in Estimates Balance at November 27, 2022 Severance and related costs $ 3.2 $ 1.3 $ (1.7 ) $ (0.6 ) $ 2.2 Contract/lease termination — 0.2 (0.2 ) — — Consulting/professional fees 1.7 3.4 (5.0 ) — 0.1 Other costs 0.2 1.6 (1.8 ) — — Total $ 5.1 $ 6.5 $ (8.7 ) $ (0.6 ) $ 2.3

Note 3 - Debt and Revolving C_2

Note 3 - Debt and Revolving Credit Facility (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Interest Income and Interest Expense Disclosure [Table Text Block]	Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Long-term debt $ 100.4 $ 97.7 $ 198.1 $ 194.6 Short-term debt 2.1 0.5 4.0 1.1 Interest income (0.6 ) (0.3 ) (1.5 ) (0.6 ) Interest capitalized (1.6 ) (3.0 ) (3.2 ) (6.0 ) $ 100.3 $ 94.9 $ 197.4 $ 189.1

Note 4 - Goodwill and Other I_2

Note 4 - Goodwill and Other Identifiable Intangible Assets (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Schedule of Goodwill [Table Text Block]	Grocery & Snacks Refrigerated & Frozen International Foodservice Total Balance as of May 29, 2022 $ 4,692.4 $ 5,611.2 $ 292.8 $ 732.8 $ 11,329.2 Currency translation — — (7.4 ) — (7.4 ) Impairment — (141.7 ) — — (141.7 ) Balance as of November 27, 2022 $ 4,692.4 $ 5,469.5 $ 285.4 $ 732.8 $ 11,180.1
Schedule of Acquired Finite-Lived Intangible Assets by Major Class [Table Text Block]	November 27, 2022 May 29, 2022 Gross Carrying Amount Accumulated Amortization Gross Carrying Amount Accumulated Amortization Non-amortizing intangible assets Brands and trademarks $ 2,816.2 $ — $ 3,061.6 $ — Amortizing intangible assets Customer relationships and intellectual property 1,232.6 469.8 1,233.9 437.7 $ 4,048.8 $ 469.8 $ 4,295.5 $ 437.7

Note 5 - Derivative Financial_2

Note 5 - Derivative Financial Instruments (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	November 27, 2022 May 29, 2022 Prepaid expenses and other current assets $ 11.6 $ 7.0 Other accrued liabilities 1.5 2.2
Schedule of Derivative Instruments In Statement of Financial Position Gross Fair Value [Table Text Block]	Derivative Assets Derivative Liabilities Balance Sheet Location Fair Value Balance Sheet Location Fair Value Commodity contracts Prepaid expenses and other $ 8.4 Other accrued liabilities $ 0.3 Foreign exchange contracts Prepaid expenses and other 2.5 Other accrued liabilities 1.6 Total derivatives not designated as hedging instruments $ 10.9 $ 1.9 Derivative Assets Derivative Liabilities Balance Sheet Location Fair Value Balance Sheet Location Fair Value Commodity contracts Prepaid expenses and other current assets $ 26.8 Other accrued liabilities $ 16.1 Foreign exchange contracts Prepaid expenses and other current assets 0.3 Other accrued liabilities 2.2 Total derivatives not designated as hedging instruments $ 27.1 $ 18.3
Derivative Instruments, Gain (Loss) [Table Text Block]	Location in Condensed Consolidated Gains Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Thirteen Weeks Ended Derivatives Not Designated as Hedging Instruments Statements of Earnings of Gains Recognized on Derivatives November 27, 2022 November 28, 2021 Commodity contracts Cost of goods sold $ 3.7 $ 4.6 Foreign exchange contracts Cost of goods sold 1.6 2.4 Total gains from derivative instruments not designated as hedging instruments $ 5.3 $ 7.0 Location in Condensed Consolidated Gains Recognized on Derivatives in Condensed Consolidated Statements of Earnings for the Twenty-Six Weeks Ended Derivatives Not Designated as Hedging Instruments Statements of Earnings of Gains Recognized on Derivatives November 27, 2022 November 28, 2021 Commodity contracts Cost of goods sold $ 10.0 $ 8.8 Foreign exchange contracts Cost of goods sold 4.8 8.4 Total gains from derivative instruments not designated as hedging instruments $ 14.8 $ 17.2

Note 7 - Earnings Per Share (Ta

Note 7 - Earnings Per Share (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Net income attributable to Conagra Brands, Inc. common stockholders: $ 381.9 $ 275.5 $ 304.4 $ 510.9 Weighted average shares outstanding: Basic weighted average shares outstanding 479.4 480.2 480.0 480.3 Add: Dilutive effect of stock options, restricted stock unit awards, and other dilutive securities 1.5 1.7 1.6 1.8 Diluted weighted average shares outstanding 480.9 481.9 481.6 482.1

Note 8 - Inventories (Tables)

Note 8 - Inventories (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Schedule of Inventory, Current [Table Text Block]	November 27, 2022 May 29, 2022 Raw materials and packaging $ 399.1 $ 387.5 Work in process 298.5 164.8 Finished goods 1,554.3 1,326.5 Supplies and other 95.8 87.9 Total $ 2,347.7 $ 1,966.7

Note 11 - Pension and Postret_2

Note 11 - Pension and Postretirement Benefits (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Schedule of Defined Benefit Plans Disclosures [Table Text Block]	Pension Plans Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Service cost $ 1.7 $ 2.0 $ 3.3 $ 4.7 Interest cost 31.0 20.8 62.0 41.6 Expected return on plan assets (36.4 ) (36.3 ) (72.9 ) (72.7 ) Amortization of prior service cost 0.3 0.4 0.7 0.9 Pension cost (benefit) — Company plans (3.4 ) (13.1 ) (6.9 ) (25.5 ) Pension cost (benefit) — multi-employer plans 2.8 2.4 5.0 4.3 Total pension cost (benefit) $ (0.6 ) $ (10.7 ) $ (1.9 ) $ (21.2 ) Postretirement Plans Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Service cost $ 0.1 $ 0.1 $ 0.1 $ 0.1 Interest cost 0.6 0.4 1.1 0.7 Amortization of prior service cost (benefit) (0.5 ) (0.4 ) (0.9 ) (0.9 ) Recognized net actuarial gain (1.1 ) (1.0 ) (2.2 ) (1.8 ) Total postretirement cost (benefit) $ (0.9 ) $ (0.9 ) $ (1.9 ) $ (1.9 )

Note 12 - Stockholders' Equity

Note 12 - Stockholders' Equity (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Schedule of Stockholders Equity [Table Text Block]	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 29, 2022 584.2 $ 2,921.2 $ 2,324.6 $ 6,550.7 $ (11.2 ) $ (2,997.6 ) $ 74.5 $ 8,862.2 Stock option and incentive plans (1.6 ) 0.2 16.3 14.9 Currency translation adjustments (11.5 ) (2.1 ) (13.6 ) Repurchase of common shares (50.0 ) (50.0 ) Derivative adjustments (2.1 ) (2.1 ) Pension and postretirement healthcare benefits 1.4 1.4 Dividends declared on common stock; $ 0.33 (158.6 ) (158.6 ) Net loss attributable to Conagra Brands, Inc. (77.5 ) (77.5 ) Balance at August 28, 2022 584.2 $ 2,921.2 $ 2,323.0 $ 6,314.8 $ (23.4 ) $ (3,031.3 ) $ 72.4 $ 8,576.7 Stock option and incentive plans 37.9 (2.4 ) 3.6 0.5 39.6 Currency translation adjustments (6.5 ) (1.7 ) (8.2 ) Repurchase of common shares (100.0 ) (100.0 ) Derivative adjustments 6.6 6.6 Activities of noncontrolling interests 0.3 0.3 Pension and postretirement healthcare benefits (1.3 ) (0.1 ) (1.4 ) Dividends declared on common stock; $ 0.33 (157.8 ) (157.8 ) Net income attributable to Conagra Brands, Inc. 381.9 381.9 Balance at November 27, 2022 584.2 $ 2,921.2 $ 2,360.9 $ 6,536.5 $ (24.6 ) $ (3,127.7 ) $ 71.4 $ 8,737.7 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 30, 2021 584.2 $ 2,921.2 $ 2,342.1 $ 6,262.6 $ 5.8 $ (2,979.9 ) $ 79.6 $ 8,631.4 Stock option and incentive plans (37.1 ) 0.2 21.8 0.3 (14.8 ) Currency translation adjustments (14.4 ) (1.3 ) (15.7 ) Repurchase of common shares (50.0 ) (50.0 ) Derivative adjustments (2.1 ) (2.1 ) Activities of noncontrolling interests 0.3 0.3 Pension and postretirement healthcare benefits 1.3 1.3 Dividends declared on common stock; $ 0.3125 (149.9 ) (149.9 ) Net income attributable to Conagra Brands, Inc. 235.4 235.4 Balance at August 29, 2021 584.2 $ 2,921.2 $ 2,305.0 $ 6,348.3 $ (9.4 ) $ (3,008.1 ) $ 78.9 $ 8,635.9 Stock option and incentive plans 12.1 (0.6 ) 0.3 0.1 11.9 Currency translation adjustments (16.2 ) (1.5 ) (17.7 ) Derivative adjustments 1.4 1.4 Activities of noncontrolling interests 0.4 0.4 Pension and postretirement healthcare benefits (0.6 ) (0.6 ) Dividends declared on common stock; $ 0.3125 (149.9 ) (149.9 ) Net income attributable to Conagra Brands, Inc. 275.5 275.5 Balance at November 28, 2021 584.2 $ 2,921.2 $ 2,317.1 $ 6,473.3 $ (24.8 ) $ (3,007.8 ) $ 77.9 $ 8,756.9
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	November 27, 2022 May 29, 2022 Currency translation losses, net of reclassification adjustments $ (113.1 ) $ (95.1 ) Derivative adjustments, net of reclassification adjustments 34.3 29.8 Pension and postretirement benefit obligations, net of reclassification adjustments 54.2 54.1 Accumulated other comprehensive loss $ (24.6 ) $ (11.2 )
Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]	Thirteen Weeks Ended Affected Line Item in the Condensed Consolidated Statement of Earnings 1 November 27, 2022 November 28, 2021 Net derivative adjustments: Cash flow hedges $ (0.8 ) $ (0.7 ) Interest expense, net Cash flow hedges (0.2 ) 0.4 Equity method investment earnings (1.0 ) (0.3 ) Total before tax 0.3 — Income tax expense $ (0.7 ) $ (0.3 ) Net of tax Pension and postretirement liabilities: Net prior service cost $ (0.1 ) $ 0.1 Pension and postretirement non-service income Net actuarial gain (1.1 ) (1.0 ) Pension and postretirement non-service income (1.2 ) (0.9 ) Total before tax 0.3 0.3 Income tax expense $ (0.9 ) $ (0.6 ) Net of tax Twenty-Six Weeks Ended Affected Line Item in the Condensed Consolidated Statement of Earnings 1 November 27, 2022 November 28, 2021 Net derivative adjustments: Cash flow hedges $ (1.6 ) $ (1.5 ) Interest expense, net Cash flow hedges — 0.9 Equity method investment earnings (1.6 ) (0.6 ) Total before tax 0.5 0.1 Income tax expense $ (1.1 ) $ (0.5 ) Net of tax Pension and postretirement liabilities: Net prior service cost $ (0.1 ) $ 0.1 Pension and postretirement non-service income Net actuarial gain (2.2 ) (1.8 ) Pension and postretirement non-service income (2.3 ) (1.7 ) Total before tax 0.7 0.5 Income tax expense $ (1.6 ) $ (1.2 ) Net of tax

Note 13 - Fair Value Measurem_2

Note 13 - Fair Value Measurements (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	Level 1 Level 2 Level 3 Net Value Assets: Derivative assets $ 6.2 $ 5.4 $ — $ 11.6 Deferred compensation assets 7.1 — — 7.1 Available-for-sale debt securities — — 7.9 7.9 Total assets $ 13.3 $ 5.4 $ 7.9 $ 26.6 Liabilities: Derivative liabilities $ — $ 1.5 $ — $ 1.5 Deferred compensation liabilities 72.5 — — 72.5 Total liabilities $ 72.5 $ 1.5 $ — $ 74.0 Level 1 Level 2 Level 3 Net Value Assets: Derivative assets $ 5.7 $ 1.3 $ — $ 7.0 Deferred compensation assets 7.5 — — 7.5 Available-for-sale debt securities — — 7.6 7.6 Total assets $ 13.2 $ 1.3 $ 7.6 $ 22.1 Liabilities: Derivative liabilities $ — $ 2.2 $ — $ 2.2 Deferred compensation liabilities 72.6 — — 72.6 Total liabilities $ 72.6 $ 2.2 $ — $ 74.8

Note 14 - Business Segments a_2

Note 14 - Business Segments and Related Information (Tables)	6 Months Ended
	Nov. 27, 2022
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Net sales Grocery & Snacks $ 1,349.9 $ 1,264.5 $ 2,538.2 $ 2,339.6 Refrigerated & Frozen 1,421.5 1,285.9 2,629.1 2,387.7 International 258.7 262.2 492.2 498.8 Foodservice 282.8 246.3 557.7 486.1 Total net sales $ 3,312.9 $ 3,058.9 $ 6,217.2 $ 5,712.2 Operating profit Grocery & Snacks $ 340.4 $ 249.2 $ 590.8 $ 465.1 Refrigerated & Frozen 250.3 168.3 34.0 325.9 International 36.9 37.1 63.8 71.2 Foodservice 28.5 13.8 29.7 34.1 Total operating profit $ 656.1 $ 468.4 $ 718.3 $ 896.3 Equity method investment earnings 49.3 29.5 98.5 49.7 General corporate expense 106.5 59.0 190.0 123.6 Pension and postretirement non-service income (6.1 ) (16.1 ) (12.2 ) (32.2 ) Interest expense, net 100.3 94.9 197.4 189.1 Income tax expense 122.5 84.2 136.9 153.9 Net income $ 382.2 $ 275.9 $ 304.7 $ 511.6 Less: Net income attributable to noncontrolling interests 0.3 0.4 0.3 0.7 Net income attributable to Conagra Brands, Inc. $ 381.9 $ 275.5 $ 304.4 $ 510.9 Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Frozen $ 1,157.5 $ 1,073.1 $ 2,165.9 $ 1,993.5 Staples Other shelf-stable 758.4 724.6 1,448.5 1,366.2 Refrigerated 264.0 212.8 463.2 394.2 Snacks 591.5 539.9 1,089.7 973.4 Foodservice 282.8 246.3 557.7 486.1 International 258.7 262.2 492.2 498.8 Total net sales $ 3,312.9 $ 3,058.9 $ 6,217.2 $ 5,712.2
Allocation of Net Derivative Gains (Losses) from Economic Hedges to Operating Results of Reporting Segments [Table Text Block]	Thirteen Weeks Ended Twenty-Six Weeks Ended November 27, 2022 November 28, 2021 November 27, 2022 November 28, 2021 Gross derivative gains incurred $ 5.2 $ 7.0 $ 14.7 $ 17.2 Less: Net derivative gains allocated to reporting segments 7.6 8.8 16.6 13.8 Net derivative gains (losses) recognized in general corporate expenses $ (2.4 ) $ (1.8 ) $ (1.9 ) $ 3.4 Net derivative gains allocated to Grocery & Snacks $ 2.5 $ 4.7 $ 7.5 $ 7.9 Net derivative gains allocated to Refrigerated & Frozen 4.3 4.6 7.6 9.3 Net derivative gains (losses) allocated to International 0.6 (0.7 ) 0.7 (3.9 ) Net derivative gains allocated to Foodservice 0.2 0.2 0.8 0.5 Net derivative gains included in segment operating profit $ 7.6 $ 8.8 $ 16.6 $ 13.8

Note 1 - Summary of Significa_2

Note 1 - Summary of Significant Accounting Policies (Details Textual) - USD ($) $ in Millions	Nov. 27, 2022	May 29, 2022
Assets, Total	$ 22,414	$ 22,435.1
Liabilities, Total	$ 13,676.3	13,572.9
Transferred From Held-for-sale to Held-for-use [Member]
Assets, Total		58.9
Liabilities, Total		$ 4.1

Note 2 - Restructuring Activi_3

Note 2 - Restructuring Activities (Details Textual) - USD ($) $ in Millions	3 Months Ended			6 Months Ended		48 Months Ended
	Nov. 27, 2022	Aug. 28, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022
Restructuring and Related Cost, Expected Cost, Total	$ 152			$ 152		$ 152
Restructuring and Related Cost, Incurred Cost				0.6
Conagra Restructuring Plan [Member]
Restructuring And Related Cost, Approved For Incurrence	184			184		184
Restructuring And Related Cost, Approved For Incurrence, Cash	57.2			57.2		57.2
Restructuring And Related Cost, Approved For Incurrence, Noncash	126.8			126.8		126.8
Restructuring and Related Cost, Expected Cost, Total	152.6			152.6		152.6
Restructuring And Related Cost Incurred Or Expected, Cash Outflows From Inception	50.7			50.7		50.7
Restructuring and Related Cost, Expected Cost, Noncash	101.9			101.9		101.9
Restructuring and Related Cost, Incurred Cost	1.8		$ 6.6	5.9	$ 15.1	148.1
Restructuring And Related Cost Expected. Cash Outflows				46.1
Restructuring And Related Cost Expected, Noncash Charges				102
Pinnacle Integration Restructuring Plan [Member]
Restructuring And Related Cost Incurred Or Expected, Cash Outflows From Inception	283.6			283.6		283.6
Restructuring and Related Cost, Expected Cost, Noncash	28			28		28
Restructuring and Related Cost, Incurred Cost		$ 0.8	$ 5.8		$ 13.1	294.1
Restructuring And Related Cost Expected. Cash Outflows	1.8			6
Restructuring And Related Cost Expected, Noncash Charges				0.1
Restructuring and Related Cost, Expected Cost, Cash	$ 266.1			266.1		266.1
Restructuring And Related Cost Incurred, Noncash Charges From Inception				344.8
Restructuring And Related Cost Incurred Or Expected, Non-cash Charges From Inception				$ 61.2
Pinnacle Integration Restructuring Plan [Member] | Cost of Sales [Member]
Restructuring and Related Cost, Incurred Cost						12.8
Pinnacle Integration Restructuring Plan [Member] | Selling, General and Administrative Expenses [Member]
Restructuring and Related Cost, Incurred Cost						$ 281.3

Note 2 - Restructuring Activi_4

Note 2 - Restructuring Activities - Restructuring Plan Expenses (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		48 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022
Restructuring and Related Cost, Expected Cost, Total	$ 152		$ 152		$ 152
Restructuring and Related Cost, Incurred Cost			0.6
Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	11.4		11.4		11.4
Restructuring and Related Cost, Incurred Cost
Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	152.6		152.6		152.6
Restructuring and Related Cost, Incurred Cost	1.8	$ 6.6	5.9	$ 15.1	148.1
Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total
Accelerated Depreciation Related To Cost Of Goods Sold [Member] | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	72.8		72.8		72.8
Restructuring and Related Cost, Incurred Cost					72.8
Accelerated Depreciation Related To Cost Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
Severance And Related Costs [Member] | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	19.5		19.5		19.5
Restructuring and Related Cost, Incurred Cost	0.5		0.7		19.5
Severance And Related Costs [Member] | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	5.1		5.1		5.1
Restructuring and Related Cost, Incurred Cost	0.7		0.7		5.1
Other Cost of Goods Sold [Member] | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	11.2		11.2		11.2
Restructuring and Related Cost, Incurred Cost			0.2		11.2
Other Cost of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost			0		0
Contract And Lease Termination Expenses [Member] | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	0.7		0.7		0.7
Restructuring and Related Cost, Incurred Cost	0.1		0.2		0.7
Contract And Lease Termination Expenses [Member] | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	0.1		0.1		0.1
Restructuring and Related Cost, Incurred Cost	0		0		0.1
Costs Of Goods Sold [Member] | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	84		84		84
Restructuring and Related Cost, Incurred Cost			0.2		84
Costs Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost			0		0
Consulting And Professional Fees [Member] | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	8.6		8.6		8.6
Restructuring and Related Cost, Incurred Cost	0.4		3.4		5.1
Consulting And Professional Fees [Member] | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	5.7		5.7		5.7
Restructuring and Related Cost, Incurred Cost	0.4		3.4		5.1
Other Selling, General and Administrative Expenses [Member] | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	68		68		68
Restructuring and Related Cost, Incurred Cost	0.8		5.7		63.5
Other Selling, General and Administrative Expenses [Member] | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	11.4		11.4		11.4
Restructuring and Related Cost, Incurred Cost	0.1		4.3		10.8
Asset Impairment Net Of Gains On Disposal [Member] | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	22.8		22.8		22.8
Restructuring and Related Cost, Incurred Cost					22.8
Asset Impairment Net Of Gains On Disposal [Member] | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
Cost Of Goods Sold And Selling General And Administrative Expenses Member | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Incurred Cost	1.8		5.9		147.5
Cost Of Goods Sold And Selling General And Administrative Expenses Member | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Incurred Cost	1.2		4.3		10.8
Other Net [Member] | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Expected Cost, Total	16.4		16.4		16.4
Restructuring and Related Cost, Incurred Cost			1.4		15.4
Other Net [Member] | Conagra Restructuring Plan [Member] | Corporate, Non-Segment [Member]
Restructuring and Related Cost, Expected Cost, Total	0.5		0.5		0.5
Restructuring and Related Cost, Incurred Cost			0.2		0.5
Pension And Postretirement Nonservice Cost Income Member | Conagra Restructuring Plan [Member]
Restructuring and Related Cost, Incurred Cost					0.6
Grocery And Snacks [Member]
Restructuring and Related Cost, Expected Cost, Total	89.2		89.2		89.2
Restructuring and Related Cost, Incurred Cost
Grocery And Snacks [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total
Grocery And Snacks [Member] | Accelerated Depreciation Related To Cost Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	33.2		33.2		33.2
Restructuring and Related Cost, Incurred Cost					33.2
Grocery And Snacks [Member] | Severance And Related Costs [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	11.6		11.6		11.6
Restructuring and Related Cost, Incurred Cost	(0.1)		0		11.6
Grocery And Snacks [Member] | Other Cost of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	8.7		8.7		8.7
Restructuring and Related Cost, Incurred Cost			0		8.7
Grocery And Snacks [Member] | Contract And Lease Termination Expenses [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0.5		0.5		0.5
Restructuring and Related Cost, Incurred Cost	0		0.1		0.5
Grocery And Snacks [Member] | Costs Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	41.9		41.9		41.9
Restructuring and Related Cost, Incurred Cost			0		41.9
Grocery And Snacks [Member] | Consulting And Professional Fees [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0.5		0.5		0.5
Restructuring and Related Cost, Incurred Cost	0		0		0
Grocery And Snacks [Member] | Other Selling, General and Administrative Expenses [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	47.3		47.3		47.3
Restructuring and Related Cost, Incurred Cost	0		0.2		46.7
Grocery And Snacks [Member] | Asset Impairment Net Of Gains On Disposal [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	21.9		21.9		21.9
Restructuring and Related Cost, Incurred Cost					21.9
Grocery And Snacks [Member] | Cost Of Goods Sold And Selling General And Administrative Expenses Member | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Incurred Cost	(0.1)		0.2		88.6
Grocery And Snacks [Member] | Other Net [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	12.8		12.8		12.8
Restructuring and Related Cost, Incurred Cost			0.1		12.7
Refrigerated And Frozen [Member]
Restructuring and Related Cost, Expected Cost, Total	49.7		49.7		49.7
Restructuring and Related Cost, Incurred Cost
Refrigerated And Frozen [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total
Refrigerated And Frozen [Member] | Accelerated Depreciation Related To Cost Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	39.6		39.6		39.6
Restructuring and Related Cost, Incurred Cost					39.6
Refrigerated And Frozen [Member] | Severance And Related Costs [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	1.2		1.2		1.2
Restructuring and Related Cost, Incurred Cost	(0.1)		0		1.2
Refrigerated And Frozen [Member] | Other Cost of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	2.5		2.5		2.5
Restructuring and Related Cost, Incurred Cost			0.2		2.5
Refrigerated And Frozen [Member] | Contract And Lease Termination Expenses [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0.1		0.1		0.1
Restructuring and Related Cost, Incurred Cost	0.1		0.1		0.1
Refrigerated And Frozen [Member] | Costs Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	42.1		42.1		42.1
Restructuring and Related Cost, Incurred Cost			0.2		42.1
Refrigerated And Frozen [Member] | Consulting And Professional Fees [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	2.4		2.4		2.4
Restructuring and Related Cost, Incurred Cost	0		0		0
Refrigerated And Frozen [Member] | Other Selling, General and Administrative Expenses [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	7.6		7.6		7.6
Restructuring and Related Cost, Incurred Cost	0.7		1.2		4.3
Refrigerated And Frozen [Member] | Asset Impairment Net Of Gains On Disposal [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0.8		0.8		0.8
Restructuring and Related Cost, Incurred Cost					0.8
Refrigerated And Frozen [Member] | Cost Of Goods Sold And Selling General And Administrative Expenses Member | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Incurred Cost	0.7		1.4		46.4
Refrigerated And Frozen [Member] | Other Net [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	3.1		3.1		3.1
Restructuring and Related Cost, Incurred Cost			1.1		2.2
International [Member]
Restructuring and Related Cost, Expected Cost, Total	1.4		1.4		1.4
Restructuring and Related Cost, Incurred Cost
International [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total
International [Member] | Accelerated Depreciation Related To Cost Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
International [Member] | Severance And Related Costs [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	1.3		1.3		1.3
Restructuring and Related Cost, Incurred Cost					1.3
International [Member] | Other Cost of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
International [Member] | Contract And Lease Termination Expenses [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
International [Member] | Costs Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
International [Member] | Consulting And Professional Fees [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
International [Member] | Other Selling, General and Administrative Expenses [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	1.4		1.4		1.4
Restructuring and Related Cost, Incurred Cost					1.4
International [Member] | Asset Impairment Net Of Gains On Disposal [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0.1		0.1		0.1
Restructuring and Related Cost, Incurred Cost					0.1
International [Member] | Cost Of Goods Sold And Selling General And Administrative Expenses Member | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Incurred Cost					1.4
International [Member] | Other Net [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
Foodservice [Member]
Restructuring and Related Cost, Expected Cost, Total	0.3		0.3		0.3
Restructuring and Related Cost, Incurred Cost
Foodservice [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total
Foodservice [Member] | Accelerated Depreciation Related To Cost Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
Foodservice [Member] | Severance And Related Costs [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0.3		0.3		0.3
Restructuring and Related Cost, Incurred Cost					0.3
Foodservice [Member] | Other Cost of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
Foodservice [Member] | Contract And Lease Termination Expenses [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
Foodservice [Member] | Costs Of Goods Sold [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
Foodservice [Member] | Consulting And Professional Fees [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
Foodservice [Member] | Other Selling, General and Administrative Expenses [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0.3		0.3		0.3
Restructuring and Related Cost, Incurred Cost					0.3
Foodservice [Member] | Asset Impairment Net Of Gains On Disposal [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	0		0		0
Restructuring and Related Cost, Incurred Cost					0
Foodservice [Member] | Cost Of Goods Sold And Selling General And Administrative Expenses Member | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Incurred Cost					0.3
Foodservice [Member] | Other Net [Member] | Conagra Restructuring Plan [Member] | Operating Segments [Member]
Restructuring and Related Cost, Expected Cost, Total	$ 0		$ 0		0
Restructuring and Related Cost, Incurred Cost					$ 0

Note 2 - Restructuring Activi_5

Note 2 - Restructuring Activities - Restructuring Plan Liabilities Recorded (Details) - Conagra Restructuring Plan [Member] $ in Millions	6 Months Ended
	Nov. 27, 2022 USD ($)
Balance	$ 5.1
Costs incurred and charged to expense	6.5
Costs paid or otherwise settled	(8.7)
Changes in estimates	(0.6)
Balance	2.3
Severance And Related Costs [Member]
Balance	3.2
Costs incurred and charged to expense	1.3
Costs paid or otherwise settled	(1.7)
Changes in estimates	(0.6)
Balance	2.2
Contract And Lease Termination Expenses [Member]
Balance	0
Costs incurred and charged to expense	0.2
Costs paid or otherwise settled	(0.2)
Changes in estimates	0
Balance	0
Consulting And Professional Fees [Member]
Balance	1.7
Costs incurred and charged to expense	3.4
Costs paid or otherwise settled	(5)
Changes in estimates	0
Balance	0.1
Other Net [Member]
Balance	0.2
Costs incurred and charged to expense	1.6
Costs paid or otherwise settled	(1.8)
Changes in estimates	0
Balance	$ 0

Note 3 - Debt and Revolving C_3

Note 3 - Debt and Revolving Credit Facility (Details Textual) $ in Thousands		1 Months Ended	3 Months Ended	6 Months Ended
	Sep. 15, 2022 USD ($)	Oct. 06, 2022 USD ($)	Aug. 28, 2022 USD ($)	Nov. 27, 2022 USD ($)	Nov. 28, 2021 USD ($)	May 29, 2022 USD ($)	Aug. 28, 2021 USD ($)
Repayments of Long-Term Debt, Total				$ 265,800	$ 29,400
Debt Instrument, Required Minimum Ratio Of EBITDA To Interest Expense			3
Debt Instrument, Covenants Funded Debt To EBITDA			4.75
Debt Instrument, Covenants Funded Debt To EBITDA, Each Quarter After Third Quarter of Fiscal 2023			4.5
Short-Term Debt, Total				365,500		$ 184,300
Commercial Paper [Member]
Short-Term Debt, Total				254,000		$ 180,000
Supplier Financing Arrangement [Member] | Notes Payable [Member]
Short-Term Debt, Total				109,200
Revolving Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity			$ 2,000,000
Line Of Credit Facility, Maximum Borrowing Capacity After Increase With Consent Of Lenders			$ 2,500,000
Long-Term Line of Credit, Total				0
Minimum [Member] | Revolving Credit Facility [Member]
Debt Instrument, Term Extension Period (Year)			1 year
Maximum [Member] | Revolving Credit Facility [Member]
Debt Instrument, Term Extension Period (Year)			2 years
Unsecured Debt [Member] | Term Loan Credit Agreement [Member]
Debt Instrument, Face Amount			$ 500,000
Proceeds from Issuance of Debt		$ 500,000
Long-Term Debt, Gross				$ 500,000
Unsecured Debt [Member] | Term Loan Credit Agreement [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member]
Debt Instrument, Basis Spread on Variable Rate			0.10%
Unsecured Debt [Member] | Term Loan Credit Agreement [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Minimum [Member]
Debt Instrument, Basis Spread on Variable Rate			0.90%
Unsecured Debt [Member] | Term Loan Credit Agreement [Member] | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate [Member] | Maximum [Member]
Debt Instrument, Basis Spread on Variable Rate			1.375%
Unsecured Debt [Member] | Three Point Two Five Percent Senior Debt Due September 2022 [Member]
Repayments of Long-Term Debt, Total	$ 250,000
Debt Instrument, Interest Rate, Stated Percentage	3.25%
Senior Notes [Member]
Debt Instrument, Face Amount							$ 500,000
Debt Instrument, Interest Rate, Stated Percentage							0.50%

Note 3 - Debt and Revolving C_4

Note 3 - Debt and Revolving Credit Facility - Schedule of Net Interest Expense (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021
Long-term debt	$ 100.4	$ 97.7	$ 198.1	$ 194.6
Short-term debt	2.1	0.5	4	1.1
Interest income	(0.6)	(0.3)	(1.5)	(0.6)
Interest capitalized	(1.6)	(3)	(3.2)	(6)
Interest Income (Expense), Net, Total	$ 100.3	$ 94.9	$ 197.4	$ 189.1

Note 4 - Goodwill and Other I_3

Note 4 - Goodwill and Other Identifiable Intangible Assets (Details Textual) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Nov. 27, 2022	Aug. 28, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021
Fair Value Measurement, Inputs, Terminal Growth Rate				1%
Goodwill, Impairment Loss				$ 141.7
Finite-Lived Intangible Assets, Remaining Amortization Period (Year)				18 years
Amortization of Intangible Assets	$ 14.7		$ 14.8	$ 29.5	$ 29.7
Finite-Lived Intangible Asset, Expected Amortization, Year One	48.4			48.4
Finite-Lived Intangible Asset, Expected Amortization, Year Two	48.4			48.4
Finite-Lived Intangible Asset, Expected Amortization, Year Three	48.4			48.4
Finite-Lived Intangible Asset, Expected Amortization, Year Four	48.4			48.4
Finite-Lived Intangible Asset, Expected Amortization, Year Five	$ 48.4			48.4
Refrigerated And Frozen [Member]
Goodwill, Impairment Loss				$ 141.7
Selling, General and Administrative Expenses [Member] | Refrigerated And Frozen [Member]
Goodwill, Impairment Loss		$ 141.7
Selling, General and Administrative Expenses [Member] | Refrigerated And Frozen [Member] | Trade Names [Member]
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)		$ 244
Sides Components And Enhancers Reporting Unit [Member]
Fair Value Measurement, Inputs, Discount Rate				7.75%

Note 4 - Goodwill and Other I_4

Note 4 - Goodwill and Other Identifiable Intangible Assets - Change in Carrying Amount of Goodwill (Details) $ in Millions	6 Months Ended
	Nov. 27, 2022 USD ($)
Balance	$ 11,329.2
Currency translation	(7.4)
Impairment	(141.7)
Balance	11,180.1
Grocery And Snacks [Member]
Balance	4,692.4
Currency translation	0
Impairment	0
Balance	4,692.4
Refrigerated And Frozen [Member]
Balance	5,611.2
Currency translation	0
Impairment	(141.7)
Balance	5,469.5
International [Member]
Balance	292.8
Currency translation	(7.4)
Impairment	0
Balance	285.4
Foodservice [Member]
Balance	732.8
Currency translation	0
Impairment	0
Balance	$ 732.8

Note 4 - Goodwill and Other I_5

Note 4 - Goodwill and Other Identifiable Intangible Assets - Other Identifiable Intangible Assets (Details) - USD ($) $ in Millions	Nov. 27, 2022	May 29, 2022
Brands and trademarks	$ 2,816.2	$ 3,061.6
Customer relationships and intellectual property	1,232.6	1,233.9
Customer relationships and intellectual property	469.8	437.7
Intangible Assets, Gross (Excluding Goodwill), Total	$ 4,048.8	$ 4,295.5

Note 5 - Derivative Financial_3

Note 5 - Derivative Financial Instruments (Details Textual) - USD ($) $ in Millions	3 Months Ended			6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 24, 2019	Nov. 27, 2022	Nov. 28, 2021	Aug. 28, 2022	May 29, 2022	Aug. 29, 2021	May 30, 2021
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax	$ 9.7	$ 2.2		$ 7.4	$ (0.3)
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance	8,737.7	$ 8,756.9		8,737.7	$ 8,756.9	$ 8,576.7	$ 8,862.2	$ 8,635.9	$ 8,631.4
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash Not Offset	0.7			0.7			20.1
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash, Offset Against Derivative Asset	0.4			0.4			16.1
Fair Value, Inputs, Level 2 [Member]
Credit Derivative, Maximum Exposure, Undiscounted	5.4			5.4
Prepaid Expenses and Other Current Assets [Member]
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash Not Offset	1.1			1.1			4
Cash Flow Hedge Pinnacle [Member]
Other Comprehensive Income (Loss), Cash Flow Hedge, Gain (Loss), before Reclassification and Tax			$ 47.5
Cash Flow Hedge Pinnacle [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest, Ending Balance	33.2			33.2
Commodity Contract [Member] | Long [Member]
Derivative, Notional Amount	140.4			140.4			115.3
Commodity Contract [Member] | Short [Member]
Derivative, Notional Amount							96.7
Foreign Exchange Contract [Member]
Derivative, Notional Amount	$ 90.5			$ 90.5			$ 106.6

Note 5 - Derivative Financial_4

Note 5 - Derivative Financial Instruments - Schedule of Derivative Assets and Liabilities and Amounts Representing Right to Reclaim or Obligation to Return Cash Collateral (Details) - USD ($) $ in Millions	Nov. 27, 2022	May 29, 2022
Prepaid expenses and other current assets	$ 11.6	$ 7
Other accrued liabilities	$ 1.5	$ 2.2

Note 5 - Derivative Financial_5

Note 5 - Derivative Financial Instruments - Schedule of Derivative Assets and Liabilities on a Gross Basis (Details) - USD ($) $ in Millions	Nov. 27, 2022	May 29, 2022
Derivative Assets	$ 10.9	$ 27.1
Derivative Liabilities	1.9	18.3
Prepaid Expenses and Other Current Assets [Member] | Commodity Contract [Member]
Derivative Assets	8.4	26.8
Prepaid Expenses and Other Current Assets [Member] | Foreign Exchange Contract [Member]
Derivative Assets	2.5	0.3
Other Accrued Liabilities [Member] | Commodity Contract [Member]
Derivative Liabilities	0.3	16.1
Other Accrued Liabilities [Member] | Foreign Exchange Contract [Member]
Derivative Liabilities	$ 1.6	$ 2.2

Note 5 - Derivative Financial_6

Note 5 - Derivative Financial Instruments - Schedule of Location and Amount of Gain (Loss) from Derivatives Not Designated as Hedging Instruments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021
Total losses from derivative instruments not designated as hedging instruments	$ 5.3	$ 7	$ 14.8	$ 17.2
Commodity Contract [Member] | Cost of Sales [Member]
Total losses from derivative instruments not designated as hedging instruments	3.7	4.6	10	8.8
Foreign Exchange Contract [Member] | Cost of Sales [Member]
Total losses from derivative instruments not designated as hedging instruments	$ 1.6	$ 2.4	$ 4.8	$ 8.4

Note 6- Share-based Payments (D

Note 6- Share-based Payments (Details Textual) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022 USD ($)	Nov. 28, 2021 USD ($)	Nov. 27, 2022 USD ($) $ / shares shares	Nov. 28, 2021 USD ($)
Share-Based Payment Arrangement, Expense | $	$ 36	$ 11.7	$ 59	$ 14.3
Restricted Stock Units (RSUs) [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares			1.5
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares			$ 33.14
Performance Shares [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares) | shares			0.7
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value (in dollars per share) | $ / shares			$ 33.13
Performance Shares [Member] | Fiscal 2023 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			2 years
Performance Shares [Member] | Fiscal 2023 [Member] | Minimum [Member]
Share Based Compensation Arrangement, By Share Based Payment Award, Vesting Rights Payout, Percentage			0
Performance Shares [Member] | Fiscal 2023 [Member] | Maximum [Member]
Share Based Compensation Arrangement, By Share Based Payment Award, Vesting Rights Payout, Percentage			200
Performance Shares [Member] | Fiscal 2024 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			3 years
Performance Shares [Member] | Fiscal 2025 [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Award Vesting Period (Year)			3 years

Note 7 - Earnings Per Share (De

Note 7 - Earnings Per Share (Details Textual) - shares shares in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021
Share-Based Payment Arrangement, Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	0.8	1	0.9	0.7

Note 7 - Earnings Per Share - C

Note 7 - Earnings Per Share - Computation of Basic and Diluted Earnings Per Share (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Nov. 27, 2022	Aug. 28, 2022	Nov. 28, 2021	Aug. 29, 2021	Nov. 27, 2022	Nov. 28, 2021
Net income attributable to Conagra Brands, Inc. common stockholders:	$ 381.9	$ (77.5)	$ 275.5	$ 235.4	$ 304.4	$ 510.9
Basic weighted average shares outstanding (in shares)	479.4		480.2		480	480.3
Add: Dilutive effect of stock options, restricted stock unit awards, and other dilutive securities (in shares)	1.5		1.7		1.6	1.8
Diluted weighted average shares outstanding (in shares)	480.9		481.9		481.6	482.1

Note 8 - Inventories - Inventor

Note 8 - Inventories - Inventory by Major Class (Details) - USD ($) $ in Millions	Nov. 27, 2022	May 29, 2022
Raw materials and packaging	$ 399.1	$ 387.5
Work in process	298.5	164.8
Finished goods	1,554.3	1,326.5
Supplies and other	95.8	87.9
Total	$ 2,347.7	$ 1,966.7

Note 9 - Income Taxes (Details

Note 9 - Income Taxes (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021	May 29, 2022
Income Tax Expense (Benefit), Total	$ 122.5	$ 84.2	$ 136.9	$ 153.9
Effective Income Tax Rate Reconciliation, Percent, Total	24.30%	23.40%	31%	23.10%
Goodwill, Impairment Loss			$ 141.7
Goodwill, Impairment Loss, Tax Benefit			2.7
Effective Income Tax Rate Reconciliation, Tax Settlement, Amount, Total			(3.6)
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	$ 29.7		29.7		$ 62.9
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total	6.8		6.8		6.7
Unrecognized Tax Benefits, Ending Balance	26		26		$ 58
Decrease in Unrecognized Tax Benefits is Reasonably Possible	4.8		4.8
Deferred Tax Liabilities, Foreign Subsidiaries Earnings	$ 6.4		6.4
Income (Loss) from Continuing Operations before Income Taxes, Foreign			$ 128.6

Note 10 - Contingencies (Detail

Note 10 - Contingencies (Details Textual) $ in Millions		3 Months Ended	6 Months Ended	12 Months Ended		41 Months Ended
	Nov. 15, 2022 USD ($)	Aug. 28, 2022 USD ($)	Nov. 27, 2022 USD ($)	May 30, 2021 USD ($)	May 31, 2020 USD ($)	Nov. 27, 2022 USD ($)
Threshold Amount For Environmental Matters			$ 1
Lamb Weston Holdings Inc [Member]
Lessee, Operating Lease, Renewal Term (Year)			5 years			5 years
Briseno v. ConAgra Foods, Inc [Member]
Litigation Settlement, Amount Awarded to Other Party	$ 3
Beatrice [Member]
Accrual for Environmental Loss Contingencies, Ending Balance			$ 39.2			$ 39.2
Beatrice [Member] | Other Accrued Liabilities [Member]
Accrual for Environmental Loss Contingencies, Ending Balance			2			2
Beatrice [Member] | Other Noncurrent Liabilities [Member]
Accrual for Environmental Loss Contingencies, Ending Balance			37.2			37.2
MPCA [Member]
Accrued Environmental Loss Contingencies, Proposed Penalty Amount				$ 4.3	$ 1.8
Performance And Payment Guarantee [Member]
Guarantor Obligations, Maximum Exposure, Undiscounted			75			75
Property Lease Guarantee [Member]
Guarantor Obligations, Maximum Exposure, Undiscounted			$ 10			10
Lease Remaining Lease Terms (Year)			4 years
ILLINOIS
Loss Contingency Number Of Suits		1
CALIFORNIA | Beatrice [Member]
Litigation Settlement, Amount Awarded to Other Party		$ 101.7
Loss Contingency Settlement Agreement Terms Number Of Installments		7
Loss Contingency Accrual, Payments						61
CALIFORNIA | Beatrice [Member] | Other Accrued Liabilities [Member]
Loss Contingency Accrual, Ending Balance			$ 11.4			11.4
CALIFORNIA | Beatrice [Member] | Other Noncurrent Liabilities [Member]
Loss Contingency Accrual, Ending Balance			29.1			$ 29.1
CALIFORNIA | Beatrice [Member] | Maximum [Member]
Litigation Settlement Amount Of Guarantee			$ 15

Note 11 - Pension and Postret_3

Note 11 - Pension and Postretirement Benefits (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021
Pension Plan [Member]
Defined Benefit Plan, Service Cost Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate			4.74%
Defined Benefit Plan, Interest Cost Assumptions Used Calculating Net Periodic Benefit Cost Discount Rate			4.09%
Defined Benefit Plan, Plan Assets, Contributions by Employer	$ 2.9	$ 1.7	$ 5.9	$ 3.6
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	6.5		6.5
Postemployment Retirement Benefits [Member]
Defined Benefit Plan, Expected Future Employer Contributions, Remainder of Fiscal Year	$ 4.5		$ 4.5

Note 11 - Pension and Postret_4

Note 11 - Pension and Postretirement Benefits - Schedule of Projected Benefit Obligation, Accumulated Benefit Obligation, and Fair Value of Plan Assets (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021
Pension Plan [Member]
Service cost	$ 1.7	$ 2	$ 3.3	$ 4.7
Interest cost	31	20.8	62	41.6
Expected return on plan assets	(36.4)	(36.3)	(72.9)	(72.7)
Amortization of prior service cost	0.3	0.4	0.7	0.9
Total pension and postretirement cost (benefit)	(0.6)	(10.7)	(1.9)	(21.2)
Pension Plan [Member] | Company Plans [Member]
Total pension and postretirement cost (benefit)	(3.4)	(13.1)	(6.9)	(25.5)
Pension Plan [Member] | Multi Employer Plans [Member]
Total pension and postretirement cost (benefit)	2.8	2.4	5	4.3
Other Postretirement Benefits Plan [Member]
Service cost	0.1	0.1	0.1	0.1
Interest cost	0.6	0.4	1.1	0.7
Amortization of prior service cost	(0.5)	(0.4)	(0.9)	(0.9)
Total pension and postretirement cost (benefit)	(0.9)	(0.9)	(1.9)	(1.9)
Recognized net actuarial gain	$ (1.1)	$ (1)	$ (2.2)	$ (1.8)

Note 12 - Stockholders' Equit_2

Note 12 - Stockholders' Equity - Reconciliation of Stockholders' Equity Accounts (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Nov. 27, 2022	Aug. 28, 2022	Nov. 28, 2021	Aug. 29, 2021	Nov. 27, 2022	Nov. 28, 2021
Balance	$ 8,576.7	$ 8,862.2	$ 8,635.9	$ 8,631.4	$ 8,862.2	$ 8,631.4
Stock option and incentive plans	39.6	14.9	11.9	(14.8)
Currency translation adjustments	(8.2)	(13.6)	(17.7)	(15.7)
Repurchase of common shares	(100)	(50)		(50)
Derivative adjustments	(6.6)	(2.1)	1.4	(2.1)
Pension and postretirement healthcare benefits	(1.4)	1.4	(0.6)	1.3
Dividends declared on common stock	(157.8)	(158.6)	(149.9)	(149.9)
Net loss attributable to Conagra Brands, Inc.	381.9	(77.5)	275.5	235.4	304.4	510.9
Stock option and incentive plans	39.6	14.9	11.9	(14.8)
Derivative adjustments	6.6	2.1	(1.4)	2.1
Activities of noncontrolling interests	0.3		0.4	0.3
Balance	$ 8,737.7	$ 8,576.7	$ 8,756.9	$ 8,635.9	$ 8,737.7	$ 8,756.9
Common Stock [Member]
Balance (in shares)	584.2	584.2	584.2	584.2	584.2	584.2
Balance	$ 2,921.2	$ 2,921.2	$ 2,921.2	$ 2,921.2	$ 2,921.2	$ 2,921.2
Stock option and incentive plans
Currency translation adjustments
Repurchase of common shares
Derivative adjustments
Pension and postretirement healthcare benefits
Dividends declared on common stock
Net loss attributable to Conagra Brands, Inc.
Stock option and incentive plans
Derivative adjustments
Activities of noncontrolling interests
Balance (in shares)	584.2	584.2	584.2	584.2	584.2	584.2
Balance	$ 2,921.2	$ 2,921.2	$ 2,921.2	$ 2,921.2	$ 2,921.2	$ 2,921.2
Additional Paid-in Capital [Member]
Balance	2,323	2,324.6	2,305	2,342.1	2,324.6	2,342.1
Stock option and incentive plans	37.9	(1.6)	12.1	(37.1)
Currency translation adjustments
Repurchase of common shares
Derivative adjustments
Pension and postretirement healthcare benefits
Dividends declared on common stock
Net loss attributable to Conagra Brands, Inc.
Stock option and incentive plans	37.9	(1.6)	12.1	(37.1)
Derivative adjustments
Activities of noncontrolling interests
Balance	2,360.9	2,323	2,317.1	2,305	2,360.9	2,317.1
Retained Earnings [Member]
Balance	6,314.8	6,550.7	6,348.3	6,262.6	6,550.7	6,262.6
Stock option and incentive plans	(2.4)	0.2	(0.6)	0.2
Currency translation adjustments
Repurchase of common shares
Derivative adjustments
Pension and postretirement healthcare benefits
Dividends declared on common stock	(157.8)	(158.6)	(149.9)	(149.9)
Net loss attributable to Conagra Brands, Inc.	381.9	(77.5)	275.5	235.4
Stock option and incentive plans	(2.4)	0.2	(0.6)	0.2
Derivative adjustments
Activities of noncontrolling interests
Balance	6,536.5	6,314.8	6,473.3	6,348.3	6,536.5	6,473.3
AOCI Attributable to Parent [Member]
Balance	(23.4)	(11.2)	(9.4)	5.8	(11.2)	5.8
Stock option and incentive plans
Currency translation adjustments	(6.5)	(11.5)	(16.2)	(14.4)
Repurchase of common shares
Derivative adjustments	(6.6)	(2.1)	1.4	(2.1)
Pension and postretirement healthcare benefits	(1.3)	1.4	(0.6)	1.3
Dividends declared on common stock
Net loss attributable to Conagra Brands, Inc.
Stock option and incentive plans
Derivative adjustments	6.6	2.1	(1.4)	2.1
Activities of noncontrolling interests
Balance	(24.6)	(23.4)	(24.8)	(9.4)	(24.6)	(24.8)
Treasury Stock [Member]
Balance	(3,031.3)	(2,997.6)	(3,008.1)	(2,979.9)	(2,997.6)	(2,979.9)
Stock option and incentive plans	3.6	16.3	0.3	21.8
Currency translation adjustments
Repurchase of common shares	(100)	(50)		(50)
Derivative adjustments
Pension and postretirement healthcare benefits
Dividends declared on common stock
Net loss attributable to Conagra Brands, Inc.
Stock option and incentive plans	3.6	16.3	0.3	21.8
Derivative adjustments
Activities of noncontrolling interests
Balance	(3,127.7)	(3,031.3)	(3,007.8)	(3,008.1)	(3,127.7)	(3,007.8)
Noncontrolling Interest [Member]
Balance	72.4	74.5	78.9	79.6	74.5	79.6
Stock option and incentive plans	0.5		0.1	0.3
Currency translation adjustments	(1.7)	(2.1)	(1.5)	(1.3)
Repurchase of common shares
Derivative adjustments
Pension and postretirement healthcare benefits	(0.1)
Dividends declared on common stock
Net loss attributable to Conagra Brands, Inc.
Stock option and incentive plans	0.5		0.1	0.3
Derivative adjustments
Activities of noncontrolling interests	0.3		0.4	0.3
Balance	$ 71.4	$ 72.4	$ 77.9	$ 78.9	$ 71.4	$ 77.9

Note 12 - Stockholders' Equit_3

Note 12 - Stockholders' Equity - Reconciliation of Stockholders' Equity Accounts (Details) (Parentheticals) - $ / shares	3 Months Ended
	Nov. 27, 2022	Aug. 28, 2022	Nov. 28, 2021	Aug. 29, 2021
Common stock, dividends per share (in dollars per share)	$ 0.33	$ 0.33	$ 0.3125	$ 0.3125

Note 12 - Stockholders' Equit_4

Note 12 - Stockholders' Equity - Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	Nov. 27, 2022	May 29, 2022
Accumulated other comprehensive income (loss)	$ (24.6)	$ (11.2)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated other comprehensive income (loss)	(113.1)	(95.1)
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Accumulated other comprehensive income (loss)	34.3	29.8
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated other comprehensive income (loss)	$ 54.2	$ 54.1

Note 12 - Stockholders' Equit_5

Note 12 - Stockholders' Equity - Reclassification from Other Comprehensive Income (Loss) to Income (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Nov. 27, 2022	Aug. 28, 2022	Nov. 28, 2021	Aug. 29, 2021	Nov. 27, 2022	Nov. 28, 2021
Interest expense, net, cash flow hedges	$ (100.3)		$ (94.9)		$ (197.4)	$ (189.1)
Selling, general and administrative expenses	372.7		345.4		1,114.3	655.5
Total before tax	455.4		330.6		343.1	615.8
Income Tax Expense (Benefit), Total	122.5		84.2		136.9	153.9
Net of tax	381.9	$ (77.5)	275.5	$ 235.4	304.4	510.9
Pension and postretirement non-service income	(6.1)		(16.1)		(12.2)	(32.2)
Total before tax	455.4		330.6		343.1	615.8
Income tax expense	122.5		84.2		136.9	153.9
Net income attributable to Conagra Brands, Inc. common stockholders:	381.9	$ (77.5)	275.5	$ 235.4	304.4	510.9
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent [Member]
Interest expense, net, cash flow hedges	(0.8)		(0.7)		(1.6)	(1.5)
Selling, general and administrative expenses	(0.2)		0.4		0	0.9
Total before tax	(1)		(0.3)		(1.6)	(0.6)
Income Tax Expense (Benefit), Total	0.3		0		0.5	0.1
Net of tax	(0.7)		(0.3)		(1.1)	(0.5)
Total before tax	(1)		(0.3)		(1.6)	(0.6)
Income tax expense	0.3		0		0.5	0.1
Net income attributable to Conagra Brands, Inc. common stockholders:	(0.7)		(0.3)		(1.1)	(0.5)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member]
Pension and postretirement non-service income	(0.1)		0.1		(0.1)	0.1
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment, Net Gain (Loss) Attributable to Parent [Member]
Pension and postretirement non-service income	(1.1)		(1)		(2.2)	(1.8)
Reclassification out of Accumulated Other Comprehensive Income [Member] | Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Total before tax	(1.2)		(0.9)		(2.3)	(1.7)
Income Tax Expense (Benefit), Total	0.3		0.3		0.7	0.5
Net of tax	(0.9)		(0.6)		(1.6)	(1.2)
Total before tax	(1.2)		(0.9)		(2.3)	(1.7)
Income tax expense	0.3		0.3		0.7	0.5
Net income attributable to Conagra Brands, Inc. common stockholders:	$ (0.9)		$ (0.6)		$ (1.6)	$ (1.2)

Note 13 - Fair Value Measurem_3

Note 13 - Fair Value Measurements (Details Textual) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Aug. 28, 2022	Nov. 27, 2022	Nov. 28, 2021	May 29, 2022
Goodwill, Impairment Loss			$ 141.7
Asset Impairment Charges, Total			413.7	$ 41.6
Long-Term Debt, Total	$ 9,040		9,040		$ 8,800
Fair Value, Inputs, Level 2 [Member]
Long-Term Debt, Fair Value	8,790		8,790		$ 8,850
Refrigerated And Frozen [Member]
Goodwill, Impairment Loss			141.7
Asset Impairment Charges, Total	12	$ 5.7
Refrigerated And Frozen [Member] | Selling, General and Administrative Expenses [Member]
Goodwill, Impairment Loss		141.7
Refrigerated And Frozen [Member] | Trade Names [Member] | Selling, General and Administrative Expenses [Member]
Impairment of Intangible Assets, Indefinite-Lived (Excluding Goodwill)		244
Grocery And Snacks [Member]
Goodwill, Impairment Loss			0
Asset Impairment Charges, Total	22.4	0.5
Foodservice [Member]
Goodwill, Impairment Loss			$ 0
Asset Impairment Charges, Total	$ 4.8	$ 20.5

Note 13 - Fair Value Measurem_4

Note 13 - Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - USD ($) $ in Millions	Nov. 27, 2022	May 29, 2022
Derivative assets	$ 11.6	$ 7
Deferred compensation assets	7.1	7.5
Available-for-sale debt securities	7.9	7.6
Total assets	26.6	22.1
Derivative liabilities	1.5	2.2
Deferred compensation liabilities	72.5	72.6
Total liabilities	74	74.8
Available-for-sale debt securities	7.9	7.6
Fair Value, Inputs, Level 1 [Member]
Derivative assets	6.2	5.7
Deferred compensation assets	7.1	7.5
Available-for-sale debt securities	0	0
Total assets	13.3	13.2
Derivative liabilities	0	0
Deferred compensation liabilities	72.5	72.6
Total liabilities	72.5	72.6
Available-for-sale debt securities	0	0
Fair Value, Inputs, Level 2 [Member]
Derivative assets	5.4	1.3
Deferred compensation assets	0	0
Available-for-sale debt securities	0	0
Total assets	5.4	1.3
Derivative liabilities	1.5	2.2
Deferred compensation liabilities	0	0
Total liabilities	1.5	2.2
Available-for-sale debt securities	0	0
Fair Value, Inputs, Level 3 [Member]
Derivative assets	0	0
Deferred compensation assets	0	0
Available-for-sale debt securities	7.9	7.6
Total assets	7.9	7.6
Derivative liabilities	0	0
Deferred compensation liabilities	0	0
Total liabilities	0	0
Available-for-sale debt securities	$ 7.9	$ 7.6

Note 14 - Business Segments a_3

Note 14 - Business Segments and Related Information (Details Textual) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Nov. 27, 2022 USD ($)	Nov. 28, 2021 USD ($)	Nov. 27, 2022 USD ($)	Nov. 28, 2021 USD ($)	May 29, 2022	May 30, 2022 USD ($)
Number of Reportable Segments			4
Depreciation, Total	$ 77.8	$ 82.2	$ 156	$ 163.8
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3,312.9	$ 3,058.9	$ 6,217.2	$ 5,712.2
Customer Concentration Risk [Member] | Revenue from Contract with Customer Benchmark [Member] | Walmart, Inc. and Its Affiliates [Member]
Concentration Risk, Percentage	28%	27%	28%	26%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Walmart, Inc. and Its Affiliates [Member]
Concentration Risk, Percentage			20%		30%
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Kroger Co and Affiliates [Member]
Concentration Risk, Percentage			13%		9%
Non-US [Member]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 274	$ 263.1	$ 515.8	$ 506.4
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member]
Cumulative Derivative Gains (Losses) Recognized Not Yet Reclassified To Segment Operating Results	14		14
Designated as Hedging Instrument [Member] | Cash Flow Hedging [Member] | Segment Reconciling Items [Member]
Cumulative Derivative Gains (Losses) Recognized Not Yet Reclassified To Segment Operating Results	13.6		13.6			$ 0.4
Derivative Gains (Losses) To Be Reclassified To Segment Operating Results Next Fiscal Year	11		11
Derivative Gain (Loss) To Be Reclassified To Segment Operating Results Thereafter	$ 3		$ 3

Note 14 - Business Segments a_4

Note 14 - Business Segments and Related Information - Segment Reporting Information by Segment (Details) - USD ($) $ in Millions	3 Months Ended				6 Months Ended
	Nov. 27, 2022	Aug. 28, 2022	Nov. 28, 2021	Aug. 29, 2021	Nov. 27, 2022	Nov. 28, 2021
Net sales	$ 3,312.9		$ 3,058.9		$ 6,217.2	$ 5,712.2
Operating profit	656.1		468.4		718.3	896.3
Equity method investment earnings	49.3		29.5		98.5	49.7
General corporate expense	106.5		59		190	123.6
Pension and postretirement non-service income	(6.1)		(16.1)		(12.2)	(32.2)
Interest expense, net	100.3		94.9		197.4	189.1
Income tax expense	122.5		84.2		136.9	153.9
Net income	382.2		275.9		304.7	511.6
Less: Net income attributable to noncontrolling interests	0.3		0.4		0.3	0.7
Net income attributable to Conagra Brands, Inc. common stockholders:	381.9	$ (77.5)	275.5	$ 235.4	304.4	510.9
Grocery And Snacks [Member]
Net sales	1,349.9		1,264.5		2,538.2	2,339.6
Operating profit	340.4		249.2		590.8	465.1
Refrigerated And Frozen [Member]
Net sales	1,421.5		1,285.9		2,629.1	2,387.7
Operating profit	250.3		168.3		34	325.9
International [Member]
Net sales	258.7		262.2		492.2	498.8
Operating profit	36.9		37.1		63.8	71.2
Foodservice [Member]
Net sales	282.8		246.3		557.7	486.1
Operating profit	28.5		13.8		29.7	34.1
Frozen [Member]
Net sales	1,157.5		1,073.1		2,165.9	1,993.5
Other Shelf-stable [Member]
Net sales	758.4		724.6		1,448.5	1,366.2
Refrigerated [Member]
Net sales	264		212.8		463.2	394.2
Snacks [Member]
Net sales	591.5		539.9		1,089.7	973.4
Foodservice [Member]
Net sales	282.8		246.3		557.7	486.1
International [Member]
Net sales	$ 258.7		$ 262.2		$ 492.2	$ 498.8

Note 14 - Business Segments a_5

Note 14 - Business Segments and Related Information - Presentation of Derivative Gain (Losses) from Economic Hedges of Forecasted Cash Flows in Segment Results (Details) - Cash Flow Hedging [Member] - Designated as Hedging Instrument [Member] - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 27, 2022	Nov. 28, 2021	Nov. 27, 2022	Nov. 28, 2021
Net derivative gains (losses)	$ 5.2	$ 7	$ 14.7	$ 17.2
Operating Segments [Member]
Net derivative gains (losses)	7.6	8.8	16.6	13.8
Operating Segments [Member] | Grocery And Snacks [Member]
Net derivative gains (losses)	2.5	4.7	7.5	7.9
Operating Segments [Member] | Refrigerated And Frozen [Member]
Net derivative gains (losses)	4.3	4.6	7.6	9.3
Operating Segments [Member] | International [Member]
Net derivative gains (losses)	0.6	(0.7)	0.7	(3.9)
Operating Segments [Member] | Foodservice [Member]
Net derivative gains (losses)	0.2	0.2	0.8	0.5
Segment Reconciling Items [Member]
Net derivative gains (losses)	$ (2.4)	$ (1.8)	$ (1.9)	$ 3.4