the pinnacle acquisition ; and other risks described in our reports filed from time to time with the securities and exchange commission ( the `` sec `` ) . we caution readers not to place undue reliance on any forward-looking statements included in this report , which speak only as of the date of this report . we undertake no responsibility to update these statements , except as required by law . the discussion that follows should be read together with the consolidated financial statements and related notes contained in this report . results for fiscal 2020 are not necessarily indicative of results that may be attained in the future . executive overview conagra brands , inc. ( the `` company `` , `` conagra brands `` , `` we `` , `` us `` , or `` our `` ) , headquartered in chicago , is one of north america 's leading branded food companies . guided by an entrepreneurial spirit , the company combines a rich heritage of making great food with a sharpened focus on innovation . the company 's portfolio is evolving to satisfy people 's changing food preferences . its iconic brands such as birds eye ® , marie callender 's ® , banquet ® , healthy choice ® , slim jim ® , reddi-wip ® , and 22 vlasic ® , as well as emerging brands , including angie 's ® boomchickapop ® , duke 's ® , earth balance ® , gardein ® , and frontera ® , offer choices for every occasion . fiscal 2019 pinnacle acquisition on october 26 , 2018 , we completed our acquisition of pinnacle foods inc ( `` pinnacle `` ) , a branded packaged foods company specializing in shelf-stable and frozen foods . the total amount of consideration paid in connection with the acquisition was approximately $ 8.03 billion , consisting of cash and shares of our stock , as described in more detail in the section entitled `` acquisitions `` below . in connection with the pinnacle acquisition , we issued approximately $ 8.33 billion of long-term debt and received cash proceeds of $ 575.0 million ( $ 555.7 million net of related fees ) from the issuance of common stock in an underwritten public offering . we used such proceeds for the payment of the cash portion of the merger consideration ( as defined below ) , the repayment of pinnacle debt acquired , the refinancing of certain conagra brands debt , and the payment of related fees and expenses . the integration of pinnacle is continuing and on-track . we expect to achieve cost synergies of $ 305 million per year when the integration is concluded . in the first quarter of fiscal 2020 , we reorganized our reporting segments to incorporate the pinnacle operations into our legacy reporting segments in order to better reflect how the business is now being managed . prior periods have been reclassified to conform to the revised segment presentation . fiscal 2020 results fiscal 2020 performance compared to fiscal 2019 reflected an increase in net sales , including the impact of recent acquisitions , with organic ( excludes the impacts of foreign exchange , divested businesses and acquisitions , including the pinnacle acquisition ( until the anniversary date of the acquisitions ) , as well as the impact of the 53 rd week of our fiscal year ) increases in all of our operating segments with the exception of our foodservice segment , in each case compared to fiscal 2019. organic net sales for our retail segments ( inclusive of grocery & snacks , refrigerated & frozen , and international ) were positively impacted by the increase in at-home food consumption as a result of the covid-19 pandemic , with sales declines in our foodservice segment due to lower traffic in away-from-home food outlets . overall gross margin increased with the addition of pinnacle 's gross profit , organic net sales growth , supply chain realized productivity , cost synergies , and the inclusion of the 53rd week of our fiscal year . these benefits were partially offset by higher input and transportation costs , lost profits due to divested businesses , pandemic-related costs , and the impact of foreign exchange rates . overall segment operating profit increased in all of our operating segments with the exception of our foodservice segment . corporate expenses decreased due to items impacting comparability , as discussed below . we experienced a slight decrease in equity method investment earnings , a decrease in income tax expense , and an increase in interest expense , in each case compared to fiscal 2019. diluted earnings per share in fiscal 2020 were $ 1.72. diluted earnings per share in fiscal 2019 were $ 1.52 , including earnings of $ 1.53 per diluted share from continuing operations and a loss of $ 0.01 per diluted share from discontinued operations . diluted earnings per share were affected by higher net income , partially offset by an increase in the number of shares as well as several significant items affecting the comparability of year-over-year results of continuing operations ( see `` items impacting comparability `` below ) . items impacting comparability items of note impacting comparability of results from continuing operations for fiscal 2020 included the following : charges totaling $ 165.5 million ( $ 127.0 million after-tax ) related to the impairment of intangible assets , 23 charges totaling $ 139.5 million ( $ 106.8 million after-tax ) in connection with our restructuring plans , charges totaling $ 59.0 million ( $ 55.0 million after-tax ) related to the impairment of businesses held for sale , an income tax benefit of $ 51.2 million associated primarily related to the reorganization of various legacy pinnacle legal entities and state tax planning strategies , charges totaling $ 42.9 million ( $ 32.1 million after-tax ) related to pension plan lump-sum settlements and a remeasurement of our hourly and story_separator_special_tag million . this amount reflected net losses of $ 4.5 million incurred during the fiscal year ended may 31 , 2020 , as well as net gains of $ 0.4 million incurred prior to fiscal 2020. based on our forecasts of the timing of recognition of the underlying hedged items , we expect to reclassify to segment operating results net losses of $ 2.1 million in fiscal 2021 and $ 2.0 million in fiscal 2022 and thereafter . 27 fiscal 2020 compared to fiscal 2019 net sales replace_table_token_3_th overall , our net sales were $ 11.05 billion in fiscal 2020 , an increase of 16 % compared to fiscal 2019. grocery & snacks net sales for fiscal 2020 were $ 4.62 billion , an increase of $ 693.5 million , or 18 % , compared to fiscal 2019. volume , excluding the impact of acquisitions and divestitures , increased 10 % in fiscal 2020 compared to the prior-year period . this result reflected an increase across multiple categories , primarily in the fourth quarter of fiscal 2020 , as consumers increased their at-home food consumption in connection with the covid-19 pandemic . price/mix decreased 1 % compared to the prior year due to incremental trade and strategic investments with certain customers and brands . the inclusion of an additional week of results in fiscal 2020 accounted for 2 % of the increase in net sales . the acquisition of pinnacle in the second quarter of fiscal 2019 contributed $ 406.3 million , or 10 % , to grocery & snacks net sales during fiscal 2020 , through the one-year anniversary of the acquisition . fiscal 2020 and 2019 included $ 23.1 million and $ 39.5 million , respectively , of net sales related to our private label peanut butter business , which we exited in the third quarter of fiscal 2020. fiscal 2020 and 2019 included $ 46.1 million and $ 59.6 million , respectively , of net sales related to our dsd snacks business , which was sold in the second quarter of fiscal 2020. fiscal 2019 results included $ 115.9 million of net sales related to our wesson ® oil business , which was sold in the fourth quarter of fiscal 2019. refrigerated & frozen net sales for fiscal 2020 were $ 4.56 billion , an increase of $ 824.2 million , or 22 % , compared to fiscal 2019. results for fiscal 2020 reflected a 5 % increase in volume compared to fiscal 2019 , excluding the impact of acquisitions and divestitures . the increase in sales volumes was a result of consumers increasing their at-home food consumption in the fourth quarter of fiscal 2020 in connection with the covid-19 pandemic and new innovation during the current fiscal year . price/mix increased 1 % compared to fiscal 2019. the inclusion of an additional week of results in fiscal 2020 accounted for 2 % of the increase in net sales . the acquisition of pinnacle contributed $ 567.6 million , or 15 % , to refrigerated & frozen net sales for fiscal 2020 , through the one-year anniversary of the acquisition . fiscal 2020 included $ 23.2 million of net sales related to our lender 's ® bagel business , which was sold in the third quarter of fiscal 2020. fiscal 2019 included $ 24.0 million of net sales related to this business . fiscal 2019 also included $ 56.7 million of net sales related to our italian-based frozen pasta business , gelit , which was sold in the fourth quarter of fiscal 2019. international net sales for fiscal 2020 were $ 925.3 million , an increase of $ 60.9 million , or 7 % , compared to fiscal 2019. results for fiscal 2020 reflected a 4 % increase in volume , excluding the impact of acquisitions and divestitures , a 2 % decrease due to foreign exchange rates , a 2 % increase due to the inclusion of an additional week of results , and a 1 % increase in price/mix , in each case compared to fiscal 2019. the volume increases for fiscal 2020 were driven by elevated demand related to the impacts of the covid-19 pandemic , partially offset by lower volumes in india due to the country-wide closure of manufacturing plants and stores during the fourth quarter . the acquisition of pinnacle contributed $ 46.0 million , or 5 % , to international net sales for fiscal 2020 , through the one-year anniversary of the acquisition . fiscal 2019 included $ 17.1 million of net sales related to our divested wesson ® oil business . fiscal 2019 also included $ 4.1 million of net sales related to our del monte ® processed fruit and vegetable business in canada , which was sold in the first quarter of fiscal 2019. foodservice net sales for fiscal 2020 were $ 952.4 million , a decrease of $ 62.6 million , or 6 % , compared to fiscal 2019. results for fiscal 2020 reflected a 13 % decrease in volume , excluding the impact of acquisitions and divestitures . the decline in volume reflected lower restaurant traffic as a result of the covid-19 pandemic and continued execution of the segment 's value-over-volume strategy . price/mix increased 3 % in fiscal 2020 compared to fiscal 2019 , reflecting inflation-related pricing and the value-over-volume strategy . the decrease in net sales was offset by a 1 % increase attributable to an additional week of results in fiscal 2020. the acquisition of pinnacle contributed $ 57.7 million , or 6 % , for fiscal 2020 , through the one-year anniversary of the acquisition . fiscal 2020 and 2019 included $ 6.6 million and $ 6.2 million , respectively , of net sales related to our lender 's ® bagel business , which was sold in the third quarter of fiscal 2020. fiscal 2020 included $ 4.6 million of net sales related to our private label peanut butter business , which we

cash flows in fiscal 2020 , we generated $ 316.7 million of cash , which was the net result of $ 1.84 billion generated from operating activities , $ 153.8 million used in investing activities , $ 1.37 billion used in financing activities , and a decrease of $ 1.7 million due to the effects of changes in foreign currency exchange rates . cash generated from operating activities of continuing operations totaled $ 1.84 billion in fiscal 2020 , as compared to $ 1.11 billion generated in fiscal 2019. operating cash flows for fiscal 2020 reflected additional operating results from the acquisition of pinnacle and the impact of increased sales from covid-19 pandemic-related demand . the timing of the increased demand in the fourth quarter also created working capital favorability for fiscal 2020 driven primarily by the combination of decreased inventory levels and increased accounts payable balances resulting from longer supplier payment terms . we expect that a significant portion of this working capital favorability will reverse in fiscal 2021 as demand returns to more historic levels . in the fourth quarter of fiscal 2020 , we also improved working capital due to approximately $ 47 million in tax payments that were deferred until the first quarter of fiscal 2021 as a result of recent tax legislation . despite the deferral of such tax payments , we still had $ 44.2 million of additional tax payments in the current year . the above working capital favorability was further offset by a $ 119.0 million increase in interest payments and the comparative impact of cash proceeds from the settlement of interest rate swaps in fiscal 2019 totaling $ 47.5 million . lastly , we extended payment terms with certain foodservice customers ( ranging from 15-30 days ) as a result of the covid-19 pandemic which partly gave rise to an increase in our accounts receivable at year-end .


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```cash flows in fiscal 2020 , we generated $ 316.7 million of cash , which was the net result of $ 1.84 billion generated from operating activities , $ 153.8 million used in investing activities , $ 1.37 billion used in financing activities , and a decrease of $ 1.7 million due to the effects of changes in foreign currency exchange rates . cash generated from operating activities of continuing operations totaled $ 1.84 billion in fiscal 2020 , as compared to $ 1.11 billion generated in fiscal 2019. operating cash flows for fiscal 2020 reflected additional operating results from the acquisition of pinnacle and the impact of increased sales from covid-19 pandemic-related demand . the timing of the increased demand in the fourth quarter also created working capital favorability for fiscal 2020 driven primarily by the combination of decreased inventory levels and increased accounts payable balances resulting from longer supplier payment terms . we expect that a significant portion of this working capital favorability will reverse in fiscal 2021 as demand returns to more historic levels . in the fourth quarter of fiscal 2020 , we also improved working capital due to approximately $ 47 million in tax payments that were deferred until the first quarter of fiscal 2021 as a result of recent tax legislation . despite the deferral of such tax payments , we still had $ 44.2 million of additional tax payments in the current year . the above working capital favorability was further offset by a $ 119.0 million increase in interest payments and the comparative impact of cash proceeds from the settlement of interest rate swaps in fiscal 2019 totaling $ 47.5 million . lastly , we extended payment terms with certain foodservice customers ( ranging from 15-30 days ) as a result of the covid-19 pandemic which partly gave rise to an increase in our accounts receivable at year-end .
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 Suspicious Activity Report : the pinnacle acquisition ; and other risks described in our reports filed from time to time with the securities and exchange commission ( the `` sec `` ) . we caution readers not to place undue reliance on any forward-looking statements included in this report , which speak only as of the date of this report . we undertake no responsibility to update these statements , except as required by law . the discussion that follows should be read together with the consolidated financial statements and related notes contained in this report . results for fiscal 2020 are not necessarily indicative of results that may be attained in the future . executive overview conagra brands , inc. ( the `` company `` , `` conagra brands `` , `` we `` , `` us `` , or `` our `` ) , headquartered in chicago , is one of north america 's leading branded food companies . guided by an entrepreneurial spirit , the company combines a rich heritage of making great food with a sharpened focus on innovation . the company 's portfolio is evolving to satisfy people 's changing food preferences . its iconic brands such as birds eye ® , marie callender 's ® , banquet ® , healthy choice ® , slim jim ® , reddi-wip ® , and 22 vlasic ® , as well as emerging brands , including angie 's ® boomchickapop ® , duke 's ® , earth balance ® , gardein ® , and frontera ® , offer choices for every occasion . fiscal 2019 pinnacle acquisition on october 26 , 2018 , we completed our acquisition of pinnacle foods inc ( `` pinnacle `` ) , a branded packaged foods company specializing in shelf-stable and frozen foods . the total amount of consideration paid in connection with the acquisition was approximately $ 8.03 billion , consisting of cash and shares of our stock , as described in more detail in the section entitled `` acquisitions `` below . in connection with the pinnacle acquisition , we issued approximately $ 8.33 billion of long-term debt and received cash proceeds of $ 575.0 million ( $ 555.7 million net of related fees ) from the issuance of common stock in an underwritten public offering . we used such proceeds for the payment of the cash portion of the merger consideration ( as defined below ) , the repayment of pinnacle debt acquired , the refinancing of certain conagra brands debt , and the payment of related fees and expenses . the integration of pinnacle is continuing and on-track . we expect to achieve cost synergies of $ 305 million per year when the integration is concluded . in the first quarter of fiscal 2020 , we reorganized our reporting segments to incorporate the pinnacle operations into our legacy reporting segments in order to better reflect how the business is now being managed . prior periods have been reclassified to conform to the revised segment presentation . fiscal 2020 results fiscal 2020 performance compared to fiscal 2019 reflected an increase in net sales , including the impact of recent acquisitions , with organic ( excludes the impacts of foreign exchange , divested businesses and acquisitions , including the pinnacle acquisition ( until the anniversary date of the acquisitions ) , as well as the impact of the 53 rd week of our fiscal year ) increases in all of our operating segments with the exception of our foodservice segment , in each case compared to fiscal 2019. organic net sales for our retail segments ( inclusive of grocery & snacks , refrigerated & frozen , and international ) were positively impacted by the increase in at-home food consumption as a result of the covid-19 pandemic , with sales declines in our foodservice segment due to lower traffic in away-from-home food outlets . overall gross margin increased with the addition of pinnacle 's gross profit , organic net sales growth , supply chain realized productivity , cost synergies , and the inclusion of the 53rd week of our fiscal year . these benefits were partially offset by higher input and transportation costs , lost profits due to divested businesses , pandemic-related costs , and the impact of foreign exchange rates . overall segment operating profit increased in all of our operating segments with the exception of our foodservice segment . corporate expenses decreased due to items impacting comparability , as discussed below . we experienced a slight decrease in equity method investment earnings , a decrease in income tax expense , and an increase in interest expense , in each case compared to fiscal 2019. diluted earnings per share in fiscal 2020 were $ 1.72. diluted earnings per share in fiscal 2019 were $ 1.52 , including earnings of $ 1.53 per diluted share from continuing operations and a loss of $ 0.01 per diluted share from discontinued operations . diluted earnings per share were affected by higher net income , partially offset by an increase in the number of shares as well as several significant items affecting the comparability of year-over-year results of continuing operations ( see `` items impacting comparability `` below ) . items impacting comparability items of note impacting comparability of results from continuing operations for fiscal 2020 included the following : charges totaling $ 165.5 million ( $ 127.0 million after-tax ) related to the impairment of intangible assets , 23 charges totaling $ 139.5 million ( $ 106.8 million after-tax ) in connection with our restructuring plans , charges totaling $ 59.0 million ( $ 55.0 million after-tax ) related to the impairment of businesses held for sale , an income tax benefit of $ 51.2 million associated primarily related to the reorganization of various legacy pinnacle legal entities and state tax planning strategies , charges totaling $ 42.9 million ( $ 32.1 million after-tax ) related to pension plan lump-sum settlements and a remeasurement of our hourly and story_separator_special_tag million . this amount reflected net losses of $ 4.5 million incurred during the fiscal year ended may 31 , 2020 , as well as net gains of $ 0.4 million incurred prior to fiscal 2020. based on our forecasts of the timing of recognition of the underlying hedged items , we expect to reclassify to segment operating results net losses of $ 2.1 million in fiscal 2021 and $ 2.0 million in fiscal 2022 and thereafter . 27 fiscal 2020 compared to fiscal 2019 net sales replace_table_token_3_th overall , our net sales were $ 11.05 billion in fiscal 2020 , an increase of 16 % compared to fiscal 2019. grocery & snacks net sales for fiscal 2020 were $ 4.62 billion , an increase of $ 693.5 million , or 18 % , compared to fiscal 2019. volume , excluding the impact of acquisitions and divestitures , increased 10 % in fiscal 2020 compared to the prior-year period . this result reflected an increase across multiple categories , primarily in the fourth quarter of fiscal 2020 , as consumers increased their at-home food consumption in connection with the covid-19 pandemic . price/mix decreased 1 % compared to the prior year due to incremental trade and strategic investments with certain customers and brands . the inclusion of an additional week of results in fiscal 2020 accounted for 2 % of the increase in net sales . the acquisition of pinnacle in the second quarter of fiscal 2019 contributed $ 406.3 million , or 10 % , to grocery & snacks net sales during fiscal 2020 , through the one-year anniversary of the acquisition . fiscal 2020 and 2019 included $ 23.1 million and $ 39.5 million , respectively , of net sales related to our private label peanut butter business , which we exited in the third quarter of fiscal 2020. fiscal 2020 and 2019 included $ 46.1 million and $ 59.6 million , respectively , of net sales related to our dsd snacks business , which was sold in the second quarter of fiscal 2020. fiscal 2019 results included $ 115.9 million of net sales related to our wesson ® oil business , which was sold in the fourth quarter of fiscal 2019. refrigerated & frozen net sales for fiscal 2020 were $ 4.56 billion , an increase of $ 824.2 million , or 22 % , compared to fiscal 2019. results for fiscal 2020 reflected a 5 % increase in volume compared to fiscal 2019 , excluding the impact of acquisitions and divestitures . the increase in sales volumes was a result of consumers increasing their at-home food consumption in the fourth quarter of fiscal 2020 in connection with the covid-19 pandemic and new innovation during the current fiscal year . price/mix increased 1 % compared to fiscal 2019. the inclusion of an additional week of results in fiscal 2020 accounted for 2 % of the increase in net sales . the acquisition of pinnacle contributed $ 567.6 million , or 15 % , to refrigerated & frozen net sales for fiscal 2020 , through the one-year anniversary of the acquisition . fiscal 2020 included $ 23.2 million of net sales related to our lender 's ® bagel business , which was sold in the third quarter of fiscal 2020. fiscal 2019 included $ 24.0 million of net sales related to this business . fiscal 2019 also included $ 56.7 million of net sales related to our italian-based frozen pasta business , gelit , which was sold in the fourth quarter of fiscal 2019. international net sales for fiscal 2020 were $ 925.3 million , an increase of $ 60.9 million , or 7 % , compared to fiscal 2019. results for fiscal 2020 reflected a 4 % increase in volume , excluding the impact of acquisitions and divestitures , a 2 % decrease due to foreign exchange rates , a 2 % increase due to the inclusion of an additional week of results , and a 1 % increase in price/mix , in each case compared to fiscal 2019. the volume increases for fiscal 2020 were driven by elevated demand related to the impacts of the covid-19 pandemic , partially offset by lower volumes in india due to the country-wide closure of manufacturing plants and stores during the fourth quarter . the acquisition of pinnacle contributed $ 46.0 million , or 5 % , to international net sales for fiscal 2020 , through the one-year anniversary of the acquisition . fiscal 2019 included $ 17.1 million of net sales related to our divested wesson ® oil business . fiscal 2019 also included $ 4.1 million of net sales related to our del monte ® processed fruit and vegetable business in canada , which was sold in the first quarter of fiscal 2019. foodservice net sales for fiscal 2020 were $ 952.4 million , a decrease of $ 62.6 million , or 6 % , compared to fiscal 2019. results for fiscal 2020 reflected a 13 % decrease in volume , excluding the impact of acquisitions and divestitures . the decline in volume reflected lower restaurant traffic as a result of the covid-19 pandemic and continued execution of the segment 's value-over-volume strategy . price/mix increased 3 % in fiscal 2020 compared to fiscal 2019 , reflecting inflation-related pricing and the value-over-volume strategy . the decrease in net sales was offset by a 1 % increase attributable to an additional week of results in fiscal 2020. the acquisition of pinnacle contributed $ 57.7 million , or 6 % , for fiscal 2020 , through the one-year anniversary of the acquisition . fiscal 2020 and 2019 included $ 6.6 million and $ 6.2 million , respectively , of net sales related to our lender 's ® bagel business , which was sold in the third quarter of fiscal 2020. fiscal 2020 included $ 4.6 million of net sales related to our private label peanut butter business , which we

