EX-12 5 genmills041775_ex12.htm Exhibit 12 to General Mills, Inc. Form 10-Q dated 02/22/2004

Exhibit 12

RATIO OF EARNINGS TO FIXED CHARGES

Thirty-nine Weeks Ended
Fiscal Year Ended
Feb. 22,
2004
Feb. 23,
2003
May 25,
2003
May 26,
2002
May 27,
2001
May 28,
2000
May 30,
1999


Ratio of Earnings                                
    to Fixed Charges    3.75    3.24    3.24    2.50    5.29    6.25    6.67  

For purposes of computing the ratio of earnings to fixed charges, earnings represent earnings before taxes and earnings from joint ventures, 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.












22