STOCKHOLDERS' EQUITY

9 Months Ended

Feb. 24, 2013

Stockholders' Equity [Abstract]

Stockholders' Equity

(9) Stockholders' Equity

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

		Quarter Ended										Quarter Ended
		Feb. 24, 2013										Feb. 26, 2012
		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					$	398.4	$	4.2	$	10.0					$	391.5	$	2.7	$	6.6
Other comprehensive income (loss):
Foreign currency translation	$	11.2	$	-		11.2		5.9		(3.1)	$	79.0	$	-		79.0		5.5		18.0
Other fair value changes:
Securities		0.3		(0.1)		0.2		-		-		0.9		(0.4)		0.5		-		-
Hedge derivatives		29.7		(9.1)		20.6		-		2.1		(11.0)		1.5		(9.5)		-		(1.5)
Reclassification to earnings:
Hedge derivatives (a)		3.7		(1.0)		2.7		-		0.5		3.7		(1.4)		2.3		-		0.8
Amortization of losses and prior service costs (b)		39.9		(15.3)		24.6		-		-		32.9		(12.5)		20.4		-		-
Other comprehensive income (loss)	$	84.8	$	(25.5)		59.3		5.9		(0.5)	$	105.5	$	(12.8)		92.7		5.5		17.3
Total comprehensive income					$	457.7	$	10.1	$	9.5					$	484.2	$	8.2	$	23.9

(a)       Loss reclassified from AOCI into earnings is reported in interest, net for interest rate swaps and in cost of sales and SG&A expenses for foreign exchange contracts.

(b)       Loss reclassified from AOCI into earnings is reported in SG&A expenses.

		Nine-Month Period Ended										Nine-Month Period Ended
		Feb. 24, 2013										Feb. 26, 2012
		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					$	1,488.9	$	6.5	$	20.3					$	1,241.9	$	3.6	$	8.8
Other comprehensive income (loss):
Foreign currency translation	$	96.9	$	-		96.9		17.3		24.3	$	(121.6)	$	-		(121.6)		(26.8)		(52.9)
Other fair value changes:
Securities		0.8		(0.2)		0.6		-		-		0.2		(0.1)		0.1		-		-
Hedge derivatives		25.3		(8.7)		16.6		-		2.1		(78.1)		30.6		(47.5)		-		(1.9)
Reclassification to earnings:
Hedge derivatives (a)		15.9		(4.4)		11.5		-		2.1		10.7		(4.1)		6.6		-		0.8
Amortization of losses and prior service costs (b)		119.9		(45.8)		74.1		-		-		98.7		(37.4)		61.3		-		-
Other comprehensive income (loss)	$	258.8	$	(59.1)		199.7		17.3		28.5	$	(90.1)	$	(11.0)		(101.1)		(26.8)		(54.0)
Total comprehensive income (loss)					$	1,688.6	$	23.8	$	48.8					$	1,140.8	$	(23.2)	$	(45.2)

(a)       Loss reclassified from AOCI into earnings is reported in interest, net for interest rate swaps and in cost of sales and SG&A expenses for foreign exchange contracts.

(b)       Loss reclassified from AOCI into earnings is reported in SG&A expenses.

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		Feb. 24, 2013		May 27, 2012
Foreign currency translation adjustments	$	379.8	$	282.9
Unrealized gain (loss) from:
Securities		2.4		1.8
Hedge derivatives		(47.2)		(75.3)
Pension, other postretirement, and postemployment benefits:
Net actuarial loss		(1,874.0)		(1,945.9)
Prior service costs		(5.0)		(7.2)
Accumulated other comprehensive loss	$	(1,544.0)	$	(1,743.7)