$CAG
CONAGRA BRANDS INC.

2021 Q4 Form 10-Q Financial Statement

#000156459022000559 Filed on January 06, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2020 Q4
Revenue $3.059B $2.995B
YoY Change 2.13% 6.18%
Cost Of Revenue $2.298B $2.097B
YoY Change 9.61% 4.02%
Gross Profit $760.6M $898.4M
YoY Change -15.34% 12.6%
Gross Profit Margin 24.87% 29.99%
Selling, General & Admin $285.8M $296.4M
YoY Change -3.58% -7.49%
% of Gross Profit 37.58% 32.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $82.20M $82.80M
YoY Change -0.72% 1.35%
% of Gross Profit 10.81% 9.22%
Operating Expenses $269.7M $282.7M
YoY Change -4.6% -8.54%
Operating Profit $468.4M $642.5M
YoY Change -27.1% 24.56%
Interest Expense -$98.20M -$107.7M
YoY Change -8.82% -10.92%
% of Operating Profit -20.96% -16.76%
Other Income/Expense, Net
YoY Change
Pretax Income $330.6M $437.2M
YoY Change -24.38% 37.48%
Income Tax $84.20M $80.70M
% Of Pretax Income 25.47% 18.46%
Net Earnings $275.5M $378.9M
YoY Change -27.29% 45.45%
Net Earnings / Revenue 9.01% 12.65%
Basic Earnings Per Share $0.57 $0.77
Diluted Earnings Per Share $571.7K $0.77
COMMON SHARES
Basic Shares Outstanding 480.2M 489.1M
Diluted Shares Outstanding 481.9M 490.9M

Balance Sheet

Concept 2021 Q4 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.70M $74.00M
YoY Change -7.16% -64.32%
Cash & Equivalents $68.70M $68.00M
Short-Term Investments $6.700M $6.000M
Other Short-Term Assets $134.7M $156.9M
YoY Change -14.15% 56.12%
Inventory $1.859B $1.623B
Prepaid Expenses
Receivables $977.2M $949.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.039B $2.798B
YoY Change 8.64% -7.65%
LONG-TERM ASSETS
Property, Plant & Equipment $2.623B $2.478B
YoY Change 5.84% 6.71%
Goodwill $11.33B $11.39B
YoY Change -0.55% -0.42%
Intangibles $4.278B
YoY Change -4.81%
Long-Term Investments
YoY Change
Other Assets $1.506B $1.274B
YoY Change 18.22% 9.99%
Total Long-Term Assets $19.55B $19.48B
YoY Change 0.38% 0.08%
TOTAL ASSETS
Total Short-Term Assets $3.039B $2.798B
Total Long-Term Assets $19.55B $19.48B
Total Assets $22.59B $22.28B
YoY Change 1.42% -0.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.597B $1.598B
YoY Change -0.08% 10.86%
Accrued Expenses $822.0M $761.0M
YoY Change 8.02% -5.7%
Deferred Revenue
YoY Change
Short-Term Debt $585.8M $368.6M
YoY Change 58.93% 73620.0%
Long-Term Debt Due $270.6M $618.0M
YoY Change -56.21% -47.36%
Total Short-Term Liabilities $3.277B $3.351B
YoY Change -2.22% -2.17%
LONG-TERM LIABILITIES
Long-Term Debt $8.528B $8.280B
YoY Change 2.99% -10.93%
Other Long-Term Liabilities $2.030B $2.176B
YoY Change -6.7% 4.62%
Total Long-Term Liabilities $10.56B $2.176B
YoY Change 385.18% 4.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.277B $3.351B
Total Long-Term Liabilities $10.56B $2.176B
Total Liabilities $13.84B $13.81B
YoY Change 0.2% -6.72%
SHAREHOLDERS EQUITY
Retained Earnings $6.473B $5.939B
YoY Change 9.0% 12.59%
Common Stock $5.238B $5.233B
YoY Change 0.1% 0.48%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.008B $2.695B
YoY Change 11.61% -1.64%
Treasury Stock Shares $104.5M $95.64M
Shareholders Equity $8.679B $8.392B
YoY Change
Total Liabilities & Shareholders Equity $22.59B $22.28B
YoY Change 1.42% -0.96%

Cashflow Statement

Concept 2021 Q4 2020 Q4
OPERATING ACTIVITIES
Net Income $275.5M $378.9M
YoY Change -27.29% 45.45%
Depreciation, Depletion And Amortization $82.20M $82.80M
YoY Change -0.72% 1.35%
Cash From Operating Activities $122.3M $256.9M
YoY Change -52.39% 16.51%
INVESTING ACTIVITIES
Capital Expenditures -$102.6M -$136.5M
YoY Change -24.84% 77.04%
Acquisitions
YoY Change
Other Investing Activities $13.30M $8.900M
YoY Change 49.44% -93.84%
Cash From Investing Activities -$89.30M -$127.6M
YoY Change -30.02% -289.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -29.20M -500.4M
YoY Change -94.16% 211.39%
NET CHANGE
Cash From Operating Activities 122.3M 256.9M
Cash From Investing Activities -89.30M -127.6M
Cash From Financing Activities -29.20M -500.4M
Net Change In Cash 3.800M -371.1M
YoY Change -101.02% -391.97%
FREE CASH FLOW
Cash From Operating Activities $122.3M $256.9M
Capital Expenditures -$102.6M -$136.5M
Free Cash Flow $224.9M $393.4M
YoY Change -42.83% 32.19%

Facts In Submission

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CY2021Q4 us-gaap Marketable Securities
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