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QUARTERLY DATA (UNAUDITED)
12 Months Ended
May 26, 2013
QUARTERLY DATA (UNAUDITED) [Abstract]  
QUARTERLY DATA (UNAUDITED)

NOTE 18. QUARTERLY DATA (UNAUDITED)

 

Summarized quarterly data for fiscal 2013 and fiscal 2012 follows:

In Millions, Except Per Share Amounts First Quarter  Second Quarter  Third Quarter  Fourth Quarter
 Fiscal Year  Fiscal Year  Fiscal Year  Fiscal Year
 2013 2012  2013 2012  2013 2012  2013 2012
Net sales$ 4,051.0$ 3,847.6 $ 4,881.8$ 4,623.8 $ 4,430.6$ 4,120.1 $ 4,410.7$ 4,066.4
Gross margin  1,628.3  1,446.5   1,742.3  1,594.7   1,522.7  1,507.4   1,530.6  1,496.1
Net earnings attributable to General Mills  548.9  405.6   541.6  444.8   398.4  391.5   366.3  325.4
EPS:                   
Basic$ 0.84$ 0.63 $ 0.84$ 0.69 $ 0.61$ 0.61 $ 0.57$ 0.49
Diluted$ 0.82$ 0.61 $ 0.82$ 0.67 $ 0.60$ 0.58 $ 0.55$ 0.49
Dividends per share$ 0.330$ 0.305 $ 0.330$ 0.305 $ 0.330$ 0.305 $ 0.330$ 0.305
Market price of common stock:                   
High$ 39.13$ 39.77 $ 40.77$ 39.92 $ 45.67$ 41.05 $ 50.93$ 39.69
Low$ 37.55$ 34.95 $ 38.89$ 36.89 $ 40.06$ 38.15 $ 45.42$ 38.04

During the fourth quarter of fiscal 2013, we finalized the purchase accounting for certain assets and liabilities related to the acquisition of Yoki. We recorded final adjustments that resulted in a $3.6 million decrease in goodwill.

 

During the fourth quarter of fiscal 2012, we finalized the purchase accounting for certain assets and liabilities related to the acquisitions of Yoplait S.A.S. and Yoplait Marques S.A.S. We recorded final adjustments that resulted in a $38.7 million decrease in goodwill.