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Condensed Consolidated Statements of Earnings (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Nov. 26, 2023
Nov. 27, 2022
Nov. 26, 2023
Nov. 27, 2022
Net sales $ 3,208.1 $ 3,312.9 $ 6,112.1 $ 6,217.2 Close
Costs and expenses:        
Cost of goods sold 2,361.5 2,390.6 4,442.4 4,574.6
Selling, general and administrative expenses 398.1 372.7 732.2 1,114.3
Pension and postretirement non-service expense (income) 0.4 (6.1) 0.7 (12.2)
Interest expense, net 113.3 100.3 219.3 197.4
Income before income taxes and equity method investment earnings 334.8 455.4 717.5 343.1 Close
Income tax expense 102.9 122.5 201.2 136.9 Close
Equity method investment earnings 54.3 49.3 89.8 98.5 Close
Net income 286.2 382.2 606.1 304.7 Close
Less: Net income attributable to noncontrolling interests 0.0 0.3 0.2 0.3
Net income attributable to Conagra Brands, Inc. $ 286.2 $ 381.9 $ 605.9 $ 304.4
Earnings per share — basic        
Net income attributable to Conagra Brands, Inc. common stockholders, basic (in dollars per share) $ 0.6 $ 0.8 $ 1.27 $ 0.63
Earnings per share — diluted        
Net income attributable to Conagra Brands, Inc. common stockholders, diluted (in dollars per share) $ 0.6 $ 0.79 $ 1.26 $ 0.63