Schedule II (Tables)

12 Months Ended

May 29, 2011

Schedule II [Tables]

Schedule Of Valuation And Qualifying Accounts Disclosure Text Block

General Mills, Inc. and Subsidiaries
Schedule II - Valuation of Qualifying Accounts
		Fiscal Year
In Millions		2011		2010		2009
Allowance for doubtful accounts:
Balance at beginning of year	$	15.8	$	17.8	$	16.4
Additions charged to expense		12.7		1.9		13.8
Bad debt write-offs		(12.1)		(1.6)		(13.0)
Other adjustments and reclassifications		(0.1)		(2.3)		0.6
Balance at end of year	$	16.3	$	15.8	$	17.8
Valuation allowance for deferred tax assets:
Balance at beginning of year	$	392.0	$	440.4	$	521.5
Additions charged to expense		12.0		7.3		2.0
Adjustments to acquisition, translation amounts, and other		0.5		(55.7)		(83.1)
Balance at end of year	$	404.5	$	392.0	$	440.4
Reserve for restructuring and other exit charges:
Balance at beginning of year	$	10.8	$	18.8	$	7.9
Additions charged to expense, including translation amounts		-		1.0		15.8
Net amounts utilized for restructuring activities		(3.6)		(9.0)		(4.9)
Balance at end of year	$	7.2	$	10.8	$	18.8
Reserve for LIFO valuation:
Balance at beginning of year	$	142.3	$	149.3	$	125.8
(Decrease) Increase		26.2		(7.0)		23.5
Balance at end of year	$	168.5	$	142.3	$	149.3