Supplemental Information (Tables)

12 Months Ended

May 25, 2014

Supplemental Information [Abstract]

Components of receivables [Table Text Block]

In Millions		May 25, 2014		May 26, 2013
Receivables:
From customers	$	1,504.6	$	1,466.3
Less allowance for doubtful accounts		(21.0)		(19.9)
Total	$	1,483.6	$	1,446.4

Components of inventories [Table Text Block]

In Millions		May 25, 2014		May 26, 2013
Inventories:
Raw materials and packaging	$	419.0	$	403.0
Finished goods		1,260.2		1,228.7
Grain		97.1		135.6
Excess of FIFO over LIFO cost (a)		(216.9)		(221.8)
Total	$	1,559.4	$	1,545.5

(a) Inventories of $904.2million as of May 25, 2014, and $897.8million as of May 26, 2013, were valued at LIFO.

Components of prepaid expenses and other current assets [Table Text Block]

In Millions		May 25, 2014		May 26, 2013
Prepaid expenses and other current assets:
Other receivables	$	153.9	$	193.1
Prepaid expenses		187.2		168.6
Derivative receivables, primarily commodity-related		33.3		47.6
Grain contracts		7.5		7.5
Miscellaneous		27.2		20.8
Total	$	409.1	$	437.6

Components of land, buildings and equipment [Table Text Block]

In Millions		May 25, 2014		May 26, 2013
Land, buildings, and equipment:
Land	$	106.9	$	101.2
Buildings		2,228.4		2,168.3
Buildings under capital lease		0.3		0.3
Equipment		5,979.7		5,731.1
Equipment under capital lease		9.0		9.0
Capitalized software		468.0		427.9
Construction in progress		600.8		495.1
Total land, buildings, and equipment		9,393.1		8,932.9
Less accumulated depreciation		(5,451.2)		(5,054.8)
Total	$	3,941.9	$	3,878.1

Components of other assets [Table Text Block]

In Millions		May 25, 2014		May 26, 2013
Other assets:
Investments in and advances to joint ventures	$	507.5	$	478.5
Pension assets		432.2		131.8
Exchangeable note with related party		68.2		88.8
Life insurance		25.8		24.4
Miscellaneous		111.8		120.2
Total	$	1,145.5	$	843.7

Components of other current liabilities [Table Text Block]

In Millions		May 25, 2014		May 26, 2013
Other current liabilities:
Accrued trade and consumer promotions	$	578.2	$	635.3
Accrued payroll		390.1		417.3
Dividends payable		33.5		279.6
Accrued taxes		63.1		88.0
Accrued interest, including interest rate swaps		92.5		91.2
Grain contracts		4.8		30.0
Restructuring and other exit costs reserve		3.5		19.5
Derivative payable		23.1		4.1
Miscellaneous		261.1		262.7
Total	$	1,449.9	$	1,827.7

Components of other noncurrent liabilities [Table Text Block]

In Millions		May 25, 2014		May 26, 2013
Other noncurrent liabilities:
Accrued compensation and benefits, including obligations for underfunded other postretirement benefit and postemployment benefit plans	$	1,341.9	$	1,560.2
Accrued taxes		195.6		277.1
Miscellaneous		105.7		115.6
Total	$	1,643.2	$	1,952.9

Statement of Earnings Supplemental Disclosures [Table Text Block]

		Fiscal Year
In Millions		2014		2013		2012
Depreciation and amortization	$	585.4	$	588.0	$	541.5
Research and development expense		243.6		237.9		245.4
Advertising and media expense (including production and communication costs)		869.5		895.0		913.7

Components of interest, net [Table Text Block]

		Fiscal Year
Expense (Income), in Millions		2014		2013		2012
Interest expense	$	323.4	$	333.8	$	370.7
Capitalized interest		(4.9)		(4.3)		(8.9)
Interest income		(16.1)		(12.6)		(9.9)
Interest, net	$	302.4	$	316.9	$	351.9

Statement of cash flows supplemental disclosures [Table Text Block]

	Fiscal Year
In Millions		2014		2013		2012
Cash interest payments	$	288.3	$	293.0	$	344.3
Cash paid for income taxes		757.2		569.4		590.6