XML 14 R2.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Feb. 26, 2017
Feb. 28, 2016
Feb. 26, 2017
Feb. 28, 2016
CONSOLIDATED STATEMENTS OF EARNINGS [ABSTRACT]        
Net sales $ 3,793.2 $ 4,002.4 $ 11,813.2 $ 12,635.2
Cost of sales 2,485.5 2,644.9 7,569.1 8,182.5
Selling, general, and administrative expenses 687.6 755.8 2,107.9 2,339.7
Divestitures loss (gain) 0.0 (1.5) 13.5 (200.6)
Restructuring, impairment, and other exit costs 77.6 16.9 165.5 138.3
Operating profit 542.5 586.3 1,957.2 2,175.3
Interest, net 76.4 77.2 225.8 226.3
Earnings before income taxes and after-tax earnings from joint ventures 466.1 509.1 1,731.4 1,949.0
Income taxes 107.0 157.6 511.0 667.7
After-tax earnings from joint ventures 11.1 16.2 65.1 65.1
Net earnings, including earnings attributable to redeemable and noncontrolling interests 370.2 367.7 1,285.5 1,346.4
Net earnings (loss) attributable to redeemable and noncontrolling interests 12.4 6.0 36.9 28.6
Net earnings attributable to General Mills $ 357.8 $ 361.7 $ 1,248.6 $ 1,317.8
Earnings per share - basic $ 0.62 $ 0.61 $ 2.12 $ 2.2
Earnings per share - diluted 0.61 0.59 2.08 2.15
Dividends per share $ 0.48 $ 0.44 $ 1.44 $ 1.32