Rendering
| Component: (Network and Table) |
|---|
| Network | 2304301 - Disclosure - LONG-TERM DEBT (Tables) (http://www.conagrafoods.com/role/LongTermDebtTables) |
| Table | (Implied) |
Slicers (applies to each fact value in each table cell)
| Reporting Entity [Axis] | 0000023217 (http://www.sec.gov/CIK) |
| Debt Disclosure [Abstract] | Period [Axis] |
|---|
2015-06-01 - 2016-05-29 |
|---|
Debt Disclosure [Abstract] | |
Schedule of long-term debt instruments | | | | | | | | | | | May 29, 2016 | | May 31, 2015 | 4.65% senior debt due January 2043 | $ | 176.7 |
| | $ | 737.0 |
| 6.625% senior debt due August 2039 | 91.4 |
| | 450.0 |
| 8.25% senior debt due September 2030 | 300.0 |
| | 300.0 |
| 7.0% senior debt due October 2028 | 382.2 |
| | 382.2 |
| 6.7% senior debt due August 2027 | 9.2 |
| | 9.2 |
| 7.125% senior debt due October 2026 | 262.5 |
| | 372.4 |
| 3.2% senior debt due January 2023 | 837.0 |
| | 1,000.0 |
| 3.25% senior debt due September 2022 | 250.0 |
| | 250.0 |
| 9.75% subordinated debt due March 2021 | 195.9 |
| | 195.9 |
| 4.95% senior debt due August 2020 | 197.7 |
| | 300.0 |
| 7.0% senior debt due April 2019 | 335.0 |
| | 475.0 |
| 2.1% senior debt due March 2018 | 225.0 |
| | 225.0 |
| 1.9% senior debt due January 2018 | 1,000.0 |
| | 1,000.0 |
| 5.819% senior debt due June 2017 | 475.0 |
| | 475.0 |
| LIBOR plus 0.37% senior notes due July 2016 | 550.0 |
| | 550.0 |
| 1.3% senior debt due January 2016 | — |
| | 750.0 |
| 1.35% senior debt due September 2015 | — |
| | 250.0 |
| 2.00% to 9.59% lease financing obligations due on various dates through 2040 | 149.2 |
| | 68.4 |
| Other indebtedness | 40.4 |
| | 10.9 |
| Total face value of debt | 5,477.2 |
| | 7,801.0 |
| Unamortized fair value adjustment of senior debt in connection with Ralcorp | 39.8 |
| | 146.7 |
| Unamortized discounts/premiums | (19.8 | ) | | (32.8 | ) | Unamortized debt issuance costs | (14.6 | ) | | (30.1 | ) | Adjustment due to hedging activity | 6.6 |
| | 11.8 |
| Less current installments | (571.4 | ) | | (1,007.8 | ) | Total long-term debt | $ | 4,917.8 |
| | $ | 6,888.8 |
|
|
Schedule of aggregate minimum principal maturities of the long-term debt for each of the five fiscal year | The aggregate minimum principal maturities of the long-term debt for each of the five fiscal years following May 29, 2016, are as follows: | | | | | 2017 | $ | 571.7 |
| 2018 | 1,714.0 |
| 2019 | 347.8 |
| 2020 | 31.6 |
| 2021 | 402.2 |
|
|
Net interest expense | Net interest expense consists of: | | | | | | | | | | | | | | 2016 | | 2015 | | 2014 | Long-term debt | $ | 304.5 |
| | $ | 335.0 |
| | $ | 391.9 |
| Short-term debt | 2.4 |
| | 2.8 |
| | 1.5 |
| Interest income | (1.3 | ) | | (1.2 | ) | | (2.3 | ) | Interest capitalized | (7.8 | ) | | (6.6 | ) | | (13.6 | ) | | $ | 297.8 |
| | $ | 330.0 |
| | $ | 377.5 |
|
|