Did ConAgra repurchase shares during the year ended May 27,2012? How do you know? What was the effect of this purchase on cash flow? What entry did ConAgra make to record this repurchase of stock?

Exhibit 1 CONAGRA FOODS, INC.-STOCKHOLDERS' EQUITY Consolidated Balance Sheets Dellars in millions escept share data ASSETS Current assets S 1030 S9724 849.4 1,803.4 274.1 Cash and cash equivalents Receivables, less allowance for doubtful accounts of $5.9 and 57.8 924.8 1,869.6 3214 18.8 Prepaid expenses and other current assets Total current assets Property, plant and equipment Land and land improvements Buildings, machinery and equipment Furniture, fixtures, office equipment and other 202.1 4.7292 905.2 59.2 5,995.7 201.3 4440.1 871.9 5,698.1 (3.028.0) 670.1 3,6094 936.3 293.6 3.253.8 Property, plant and equipment, net Goodwill Brands, trademarks and other intangibles, net Other assets 2,741.9 4.015.4 1,191.5 2743 S 11.441.9 LIABILITIES AND COMMON STOCKHOLDERS EQUITY Current liabilities Notes payable Current installments of long-term debt Accounts payable Accrued payroll Other accnued liabilities 40.0 S 38.1 1,1903 63.5 1,083.7 124.1 54.3 125.6 2.674.4 195.9 1.736.1 132.0 779.6 Total current liabilities Senior long-term debt, excluding current installments Subordinated debt Other noncurrent liabilities 2.662.7 195.9 ,822.1 905.9 Total liabilities Commitments and contingencies (Notes 17 and 18) Common stockholders' equity Common stock of S5 par value, authorized 1,200,000,000 shares; issued $67,907,172 Additional paid-in capital 2,839.7 901.5 4,765.1 (299.1) 3,767.7 44395 2,839.7 899.1 690.3 91.2) (3,668.2) 4,669.7 7.0 Less treasury stock, at cost, common shares 160,294,748 and 15741289 Total ConAgra Foods common stockholders' equity 96.5 Total common stockholders' equity S 114419 11,408.7 The accompanying Notes are an integral part ofthe consoldated final stamm Source: ConAgra Foods, Inc., annual report, 2012