QUARTERLY DATA (UNAUDITED)

12 Months Ended

May 29, 2011

May 30, 2010

Notes To Consolidated Financial Statements

NOTE 18. QUARTERLY DATA (UNAUDITED)

Summarized quarterly data for fiscal 2011 and fiscal 2010 follows:

In Millions, Except Per Share Amounts		First Quarter				Second Quarter				Third Quarter				Fourth Quarter
		Fiscal Year				Fiscal Year				Fiscal Year				Fiscal Year
		2011		2010		2011		2010		2011		2010		2011		2010
Net sales	$	3,533.1	$	3,482.4	$	4,066.6	$	4,034.7	$	3,646.2	$	3,589.3	$	3,634.3	$	3,529.2
Gross margin		1,524.3		1,440.8		1,634.0		1,728.3		1,430.8		1,359.8		1,364.4		1,271.3
Net earnings attributable to General Mills (a)		472.1		420.6		613.9		565.5		392.1		332.5		320.2		211.9
EPS:
Basic	$	0.73	$	0.64	$	0.96	$	0.86	$	0.61	$	0.50	$	0.50	$	0.32
Diluted	$	0.70	$	0.62	$	0.92	$	0.83	$	0.59	$	0.48	$	0.48	$	0.31
Dividends per share	$	0.28	$	0.24	$	0.28	$	0.23	$	0.28	$	0.25	$	0.28	$	0.24
Market price of common stock:
High	$	38.93	$	30.20	$	37.54	$	34.56	$	37.20	$	36.18	$	39.95	$	36.96
Low	$	33.57	$	25.59	$	34.99	$	28.99	$	34.60	$	34.00	$	35.99	$	34.74

(a) Net earnings in the fourth quarter of fiscal 2010 included interest expense of $40.1 million related to the repurchase of certain notes and a non-cash income tax charge of $35.0 million resulting from a change in deferred tax assets

- Definition

This element can be used to disclose the entire quarterly financial data disclosure in the annual financial statements as a single block of text. The disclosure includes a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Alternatively, the details of this disclosure can be reported using the elements in this group, or by using other taxonomy elements and applying the appropriate quarterly date and period contexts when creating an instance document. For example, the element for "Interest and Dividend Income, Operating" may be used by financial institutions from the Statement of Income, applying the appropriate quarterly date and period context when creating an instance document.

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