XML 61 R34.htm IDEA: XBRL DOCUMENT v2.4.0.8
Stockholders' Equity (Tables)
12 Months Ended
May 26, 2013
STOCKHOLDERS' EQUITY [Abstract]  
Schedule of Comprehensive Income (Loss) [Table Text Block]
 Fiscal 2013
 General Mills Noncontrolling Interests Redeemable Interest
In Millions Pretax Tax Net Net Net
Net earnings, including earnings attributable to redeemable and noncontrolling interests    $ 1,855.2$ 8.0$ 29.3
Other comprehensive income (loss):          
Foreign currency translation$ (19.8)$ -$ (19.8)  10.3  10.3
Net actuarial income  76.3  (31.3)  45.0  -  -
Other fair value changes:          
Securities  1.2  (0.4)  0.8  -  -
Hedge derivatives  33.5  (10.4)  23.1  -  1.5
Reclassification to earnings:          
Hedge derivatives (a)  15.0  (4.5)  10.5  -  1.7
Amortization of losses and prior service costs (b)  159.9  (61.1)  98.8  -  -
Other comprehensive income   266.1  (107.7)  158.4  10.3  13.5
Total comprehensive income     $ 2,013.6$ 18.3$ 42.8

(a) Gain reclassified from AOCI into earnings is reported in interest, net for interest rate swaps and in cost of sales

and SG&A expenses for foreign exchange contracts.

(b) Loss reclassified from AOCI into earnings is reported in SG&A expense.

 Fiscal 2012
 General Mills Noncontrolling Interests Redeemable Interest
In Millions Pretax Tax Net Net Net
Net earnings, including earnings attributable to redeemable and noncontrolling interests    $ 1,567.3$ 6.8$ 15.0
Other comprehensive income (loss):          
Foreign currency translation$ (270.3)$ -$ (270.3)  (51.1)  (98.7)
Net actuarial loss  (813.1)  308.5  (504.6)  -  -
Other fair value changes:          
Securities  (0.3)  0.1  (0.2)  -  -
Hedge derivatives  (80.8)  31.2  (49.6)  -  (3.8)
Reclassification to earnings:          
Hedge derivatives (a)  16.3  (6.2)  10.1  -  1.4
Amortization of losses and prior service costs (b)  131.6  (49.9)  81.7  -  -
Other comprehensive loss  (1,016.6)  283.7  (732.9)  (51.1)  (101.1)
Total comprehensive income (loss)    $ 834.4$ (44.3)$ (86.1)

(a) Gain reclassified from AOCI into earnings is reported in interest, net for interest rate swaps and in cost of sales

and SG&A expenses for foreign exchange contracts.

(b) Loss reclassified from AOCI into earnings is reported in SG&A expense.

 Fiscal 2011
 General Mills Noncontrolling Interests
In Millions Pretax Tax Net Net
Net earnings, including earnings attributable to redeemable and noncontrolling interests    $ 1,798.3$ 5.2
Other comprehensive income (loss):        
Foreign currency translation$ 358.3$ -$ 358.3  0.7
Net actuarial gain  93.5  (32.4)  61.1  -
Other fair value changes:        
Securities  (5.8)  2.2  (3.6)  -
Hedge derivatives  (39.8)  14.4  (25.4)  -
Reclassification to earnings:        
Hedge derivatives (a)  29.8  (11.3)  18.5  -
Amortization of losses and prior service costs (b)  108.7  (41.5)  67.2  -
Other comprehensive income  544.7  (68.6)  476.1  0.7
Total comprehensive income    $ 2,274.4$ 5.9

(a) Gain reclassified from AOCI into earnings is reported in interest, net for interest rate swaps and in cost of sales

and SG&A expenses for foreign exchange contracts.

(b) Loss reclassified from AOCI into earnings is reported in SG&A expense.

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]
In Millions  May 26, 2013  May 27, 2012
Foreign currency translation adjustments $ 263.1 $ 282.9
Unrealized gain (loss) from:      
Securities   2.6   1.8
Hedge derivatives   (41.7)   (75.3)
Pension, other postretirement, and postemployment benefits:      
Net actuarial loss   (1,801.5)   (1,945.9)
Prior service costs   (7.8)   (7.2)
Accumulated other comprehensive loss $ (1,585.3) $ (1,743.7)