CONAGRA FOODS INC /DE/ | 2013 | FY | 3


The costs incurred and insurance recoveries recognized for fiscal 2011 were reflected in our consolidated financial statements as follows:
 
Fiscal Year Ended May 29, 2011
 
Consumer
Foods
 
Corporate
 
Total
Cost of goods sold:
 
 
 
 
 
Inventory write-downs and other costs
$
0.9

 
$

 
$
0.9

Selling, general and administrative expenses:
 
 
 
 
 
Fixed asset impairments, clean-up costs, etc.
2.6

 
0.6

 
3.2

Insurance recoveries recognized
(109.4
)
 

 
(109.4
)
Total selling, general and administrative expenses
(106.8
)
 
0.6

 
(106.2
)
Net loss (gain)
$
(105.9
)
 
$
0.6

 
$
(105.3
)

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