EX-12 4 gis034277_ex12.htm General Mills, Inc. Form 10-Q August 24, 2003 Exhibit 12

Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES

Thirteen Weeks Ended
Fiscal Year Ended
Aug. 24,
2003
Aug. 25,
2002
May 25,
2003
May 26,
2002
May 27,
2001
May 28,
2000
May 30,
1999

Ratio of Earnings                                
  to Fixed Charges     3.30     2.69     3.24     2.50     5.29     6.25     6.67  

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.