STOCKHOLDERS' EQUITY

6 Months Ended

Nov. 25, 2012

Stockholders' Equity [Abstract]

Stockholders' Equity

(9) Stockholders' Equity

The following table provides details of total comprehensive income (loss):

		Quarter Ended										Quarter Ended
		Nov. 25, 2012										Nov. 27, 2011
		General Mills						Noncontrolling Interests		Redeemable Interest		General Mills						Noncontrolling Interests		Redeemable Interest
In Millions		Pretax		Tax		Net		Net		Net		Pretax		Tax		Net		Net		Net
Net earnings, including earnings attributable to redeemable and noncontrolling interests					$	541.6	$	(0.2)	$	(0.4)					$	444.8	$	0.6	$	3.8
Other comprehensive income (loss):
Foreign currency translation	$	25.4	$	-		25.4		11.9		21.8	$	(204.2)	$	-		(204.2)		(31.8)		(67.5)
Other fair value changes:
Securities		0.2		-		0.2		-		-		(0.3)		0.1		(0.2)		-		-
Hedge derivatives		4.2		(1.1)		3.1		-		0.4		(15.0)		7.9		(7.1)		-		0.5
Reclassification to earnings:
Hedge derivatives		7.7		(2.0)		5.7		-		0.9		1.9		(0.7)		1.2		-		-
Amortization of losses and prior service costs		40.0		(15.2)		24.8		-		-		32.9		(12.5)		20.4		-		-
Other comprehensive income (loss)	$	77.5	$	(18.3)		59.2		11.9		23.1	$	(184.7)	$	(5.2)		(189.9)		(31.8)		(67.0)
Total comprehensive income (loss)					$	600.8	$	11.7	$	22.7					$	254.9	$	(31.2)	$	(63.2)

		Six-Month Period Ended										Six-Month Period Ended
		Nov. 25, 2012										Nov. 27, 2011
		General Mills						Noncontrolling Interests		Redeemable Interest		General Mills						Noncontrolling Interests		Redeemable Interest
In Millions		Pretax		Tax		Net		Net		Net		Pretax		Tax		Net		Net		Net
Net earnings, including earnings attributable to redeemable and noncontrolling interests					$	1,090.5	$	2.3	$	10.3					$	850.4	$	0.9	$	2.2
Other comprehensive income (loss):
Foreign currency translation	$	85.7	$	-		85.7		11.4		27.4	$	(200.6)	$	-		(200.6)		(32.3)		(70.9)
Other fair value changes:
Securities		0.5		(0.1)		0.4		-		-		(0.7)		0.3		(0.4)		-		-
Hedge derivatives		(4.4)		0.4		(4.0)		-		-		(67.1)		29.1		(38.0)		-		(0.4)
Reclassification to earnings:
Hedge derivatives		12.2		(3.4)		8.8		-		1.6		7.0		(2.7)		4.3		-		-
Amortization of losses and prior service costs		80.0		(30.5)		49.5		-		-		65.8		(24.9)		40.9		-		-
Other comprehensive income (loss)	$	174.0	$	(33.6)		140.4		11.4		29.0	$	(195.6)	$	1.8		(193.8)		(32.3)		(71.3)
Total comprehensive income (loss)					$	1,230.9	$	13.7	$	39.3					$	656.6	$	(31.4)	$	(69.1)

Except for reclassifications to earnings, changes in other comprehensive income (loss) are primarily non-cash items.

Accumulated other comprehensive loss balances, net of tax effects, were as follows:

In Millions		Nov. 25, 2012		May 27, 2012
Foreign currency translation adjustments	$	368.6	$	282.9
Unrealized gain (loss) from:
Securities		2.2		1.8
Hedge derivatives		(70.5)		(75.3)
Pension, other postretirement, and postemployment benefits:
Net actuarial loss		(1,897.9)		(1,945.9)
Prior service costs		(5.7)		(7.2)
Accumulated other comprehensive loss	$	(1,603.3)	$	(1,743.7)