EARNINGS PER SHARE

12 Months Ended

May 29, 2011

Notes To Consolidated Financial Statements

Earnings Per Share

NOTE 12.EARNINGS PER SHARE

Basic and dilutedearnings per share (EPS) were calculated using the following:

	Fiscal Year
In Millions, Except per Share Data		2011		2010		2009
Net earnings attributable to General Mills	$	1,798.3	$	1,530.5	$	1,304.4
Average number of common shares - basic EPS		642.7		659.6		663.7
Incremental share effect from: (a)
Stock options		16.6		17.7		17.9
Restricted stock, restricted stock units, and other		5.5		6.0		5.5
Average number of common shares - diluted EPS		664.8		683.3		687.1
Earnings per share - basic	$	2.80	$	2.32	$	1.96
Earnings per share - diluted	$	2.70	$	2.24	$	1.90

(a)       Incremental shares from stock options and restricted stock units are computed by the treasury stock method. Stock options and restricted stock units excluded from our computation of diluted EPS because they were not dilutive were as follows:

	Fiscal Year
In Millions	2011	2010	2009
Anti-dilutive stock options and restricted stock units	4.8	6.3	14.2