v3.26.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Feb. 22, 2026
Feb. 23, 2025
Cash flows from operating activities:    
Net income (loss) $ (299.3) $ 896.5
Adjustments to reconcile net income (loss) to net cash flows from operating activities:    
Depreciation and amortization 293.7 294.9
Asset impairment charges 976.5 94.1
Loss (gain) on divestitures (42.2) 29.5
Equity method investment earnings less than (in excess of) distributions 0.7 (35.5)
Stock-settled share-based payments expense 49.7 36.1
Contributions to pension plans (8.1) (9.1)
Pension benefit (11.9) (2.3)
Other items (9.5) (7.8)
Change in operating assets and liabilities excluding effects of business acquisitions and dispositions:    
Receivables (63.7) 150.1
Inventories 106.7 71.0
Deferred income taxes and income taxes payable, net 30.9 (199.1)
Prepaid expenses and other current assets (42.1) (18.4)
Accounts and other payables (102.9) (48.2)
Accrued payroll 22.8 (47.4)
Other accrued liabilities 70.8 71.3
Litigation receivables, net of recoveries 80.2 (57.0)
Litigation accruals, net of payments (156.7) 127.5
Net cash flows from operating activities 895.6 1,346.2
Cash flows from investing activities:    
Additions to property, plant and equipment (314.2) (304.2)
Sale of property, plant and equipment 38.2 3.3
Purchase of businesses, net of cash acquired   (230.6)
Proceeds from divestitures, net of cash divested 648.9 76.8
Other items (1.8) (2.5)
Net cash flows from investing activities 371.1 (457.2)
Cash flows from financing activities:    
Issuance of short-term borrowings, maturities greater than 90 days 88.2 103.3
Repayment of short-term borrowings, maturities greater than 90 days (598.9) (103.3)
Net repayment of other short-term borrowings, maturities less than or equal to 90 days (195.8) (52.6)
Issuance of long-term debt 1,000.0  
Repayment of long-term debt (1,026.3) (274.8)
Debt issuance costs (11.7)  
Repurchase of Conagra Brands, Inc. common shares (15.3) (64.0)
Cash dividends paid (502.2) (502.2)
Exercise of stock options and issuance of other stock awards, including tax withholdings (19.3) (20.5)
Other items (0.2) (0.2)
Net cash flows from financing activities (1,281.5) (914.3)
Effect of exchange rate changes on cash and cash equivalents 1.9 (4.3)
Net change in cash and cash equivalents, including cash balances classified as assets held for sale (12.9) (29.6)
Less: Net change in cash balances classified as assets held for sale   (1.3)
Net change in cash and cash equivalents (12.9) (28.3)
Cash and cash equivalents at beginning of period 68.0 77.7
Cash and cash equivalents at end of period $ 55.1 $ 49.4