XML 51 R4.htm IDEA: XBRL DOCUMENT  v2.3.0.11
CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Millions, except Per Share data
12 Months Ended
May 29, 2011
May 30, 2010
May 31, 2009
Sales      
Net sales $ 14,880.2 $ 14,635.6 $ 14,555.8
Expenses      
Cost of sales 8,926.7 8,835.4 9,380.9
Selling, general, and administrative expenses 3,192.0 3,162.7 2,893.2
Divestiture (gain), net (17.4) 0 (84.9)
Restructuring, impairment, and other exit costs 4.4 31.4 41.6
Operating profit 2,774.5 2,606.1 2,325.0
Interest, net 346.3 401.6 382.8
Earnings before income taxes and after-tax earnings from joint ventures 2,428.2 2,204.5 1,942.2
Income taxes 721.1 771.2 720.4
After-tax earnings from joint ventures 96.4 101.7 91.9
Net earnings, including earnings attributable to noncontrolling interests 1,803.5 1,535.0 1,313.7
Net earnings attributable to noncontrolling interests 5.2 4.5 9.3
Net earnings attributable to General Mills $ 1,798.3 $ 1,530.5 $ 1,304.4
Earnings per share - basic $ 2.80 $ 2.32 $ 1.96
Earnings per share - diluted $ 2.6950 $ 2.24 $ 1.90
Dividends per share $ 1.12 $ 0.96 $ 0.86