XML 43 R31.htm IDEA: XBRL DOCUMENT v3.3.1.900
Stockholders' Equity (Tables)
9 Months Ended
Feb. 28, 2016
Stockholders' Equity [Abstract]  
Schedule of total comprehensive income (loss) [Table Text Block]
Quarter EndedQuarter Ended
Feb. 28, 2016Feb. 22, 2015
General MillsNoncontrolling InterestsRedeemable InterestGeneral MillsNoncontrolling InterestsRedeemable Interest
In MillionsPretaxTaxNetNetNetPretaxTaxNetNetNet
Net earnings, including earnings attributable to redeemable and noncontrolling interests $361.7$1.7$4.3$343.2$2.1$8.5
Other comprehensive income (loss):
Foreign currency translation$(50.4)$-(50.4)9.51.0$(319.3)$-(319.3)(29.2)(62.8)
Other fair value changes:
Securities(0.3)0.1(0.2)--0.6(0.1)0.5--
Hedge derivatives15.7(0.2)15.5-3.520.3(6.8)13.5-(2.6)
Reclassification to earnings:
Hedge derivatives (a)(4.7)0.9(3.8)-0.1(0.8)0.1(0.7)-0.6
Amortization of losses and prior service costs (b)49.7(18.7)31.0--44.8(17.0)27.8--
Other comprehensive income (loss):$10.0$(17.9)(7.9)9.54.6$(254.4)$(23.8)(278.2)(29.2)(64.8)
Total comprehensive income (loss)$353.8$11.2$8.9$65.0$(27.1)$(56.3)

(a) (Gain) loss reclassified from AOCI into earnings is reported in interest, net for interest rate swaps and in cost of sales and selling, general, and administrative (SG&A) expenses for foreign exchange contracts.

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

Nine-Month Period EndedNine-Month Period Ended
Feb. 28, 2016Feb. 22, 2015
General MillsNoncontrolling InterestsRedeemable InterestGeneral MillsNoncontrolling InterestsRedeemable Interest
In MillionsPretaxTaxNetNetNetPretaxTaxNetNetNet
Net earnings, including earnings attributable to redeemable and noncontrolling interests $1,317.8$8.2$20.4$1,034.5$7.7$19.4
Other comprehensive loss:
Foreign currency translation$(223.1)$-(223.1)(2.7)(26.6)$(601.4)$-(601.4)(66.8)(132.9)
Other fair value changes:
Securities(0.3)0.1(0.2)--1.2(0.4)0.8--
Hedge derivatives31.0(4.4)26.6-2.827.4(8.3)19.1-(3.6)
Reclassification to earnings:
Hedge derivatives (a)(7.0)1.7(5.3)-2.04.0(0.8)3.2-2.0
Amortization of losses and prior service costs (b) 157.1(59.3)97.8--131.1(50.3)80.8--
Other comprehensive loss$(42.3)$(61.9)(104.2)(2.7)(21.8)$(437.7)$(59.8)(497.5)(66.8)(134.5)
Total comprehensive income (loss)$1,213.6$5.5$(1.4)$537.0$(59.1)$(115.1)

(a) (Gain) loss 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 expenses.

Schedule of accumulated other comprehensive income (loss), net of tax effects [Table Text Block]
In MillionsFeb. 28, 2016May 31, 2015
Foreign currency translation adjustments$(759.7)$(536.6)
Unrealized gain (loss) from:
Securities3.53.7
Hedge derivatives(7.5)(28.8)
Pension, other postretirement, and postemployment benefits:
Net actuarial loss(1,664.1)(1,756.1)
Prior service costs12.97.1
Accumulated other comprehensive loss$(2,414.9)$(2,310.7)