XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Earnings (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Nov. 27, 2011
Nov. 28, 2010
Nov. 27, 2011
Nov. 28, 2010
Sales        
Net sales $ 4,623.8 $ 4,066.6 $ 8,471.4 $ 7,599.7
Expenses        
Cost of sales 3,029.1 2,432.6 5,430.2 4,441.4
Selling, general, and administrative expenses 877.1 810.1 1,684.6 1,573.0
Restructuring, impairment, and other exit costs 0.7 1.0 0.8 2.0
Operating profit 716.9 822.9 1,355.8 1,583.3
Interest, net 87.2 81.6 172.6 171.9
Earnings before income taxes and after-tax earnings from joint ventures 629.7 741.3 1,183.2 1,411.4
Income taxes 209.4 160.7 386.9 383.7
After-tax earnings from joint ventures 28.9 34.7 57.2 61.2
Net earnings, including earnings attributable to redeemable and noncontrolling interests 449.2 615.3 853.5 1,088.9
Net earnings (loss) attributable to redeemable and noncontrolling interests 4.4 1.4 3.1 2.9
Net earnings attributable to General Mills $ 444.8 $ 613.9 $ 850.4 $ 1,086.0
Earnings per share - basic $ 0.69 $ 0.96 $ 1.31 $ 1.68
Earnings per share - diluted $ 0.67 $ 0.92 $ 1.28 $ 1.63
Dividends per share $ 0.305 $ 0.280 $ 0.610 $ 0.560