EX-12 4 genmills031703_ex-12.htm RATIO OF EARNINGS TO FIXED CHARGES General Mills, Inc. Exhibit 12 - Ratio of Earnings to Fixed Charges

Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES


Thirty-nine Weeks Ended
Fiscal Year Ended
Feb. 23,
2003 		  Feb. 24,
2002 		  May 26,
2002 		  May 27,
2001 		  May 28,
2000 		  May 30,
1999 		  May 31,
1998
 
Ratio of Earnings                                
  to Fixed Charges       3.24     3.09     2.50     5.29     6.25     6.67     5.63  

For purposes of computing the ratio of earnings to fixed charges, earnings represent pretax income from continuing operations, plus pretax earnings or losses of joint ventures plus fixed charges (net of capitalized interest). Fixed charges represent interest (whether expensed or capitalized) and one-third (the proportion deemed representative of the interest factor) of rents of continuing operations.