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Earnings Per Share
9 Months Ended
Feb. 27, 2022
Earnings Per Share [Abstract]  
Earnings Per Share

(11) Earnings Per Share

 

Basic and diluted earnings per share (EPS) were calculated using the following:

 

Quarter Ended

 

Nine-Month Period Ended

In Millions, Except per Share Data

Feb. 27, 2022

 

Feb. 28, 2021

 

Feb. 27, 2022

 

Feb. 28, 2021

Net earnings attributable to General Mills

$

660.3

 

$

595.7

 

$

1,884.5

 

$

1,923.0

Average number of common shares - basic EPS

 

606.8

 

 

615.0

 

 

608.6

 

 

614.6

Incremental share effect from: (a)

 

 

 

 

 

 

 

 

 

 

 

Stock options

 

2.9

 

 

2.0

 

 

2.4

 

 

2.6

Restricted stock units and performance share units

 

2.7

 

 

2.4

 

 

2.5

 

 

2.4

Average number of common shares - diluted EPS

 

612.4

 

 

619.4

 

 

613.5

 

 

619.6

Earnings per share – basic

$

1.09

 

$

0.97

 

$

3.10

 

$

3.13

Earnings per share – diluted

$

1.08

 

$

0.96

 

$

3.07

 

$

3.10

(a)Incremental shares from stock options, restricted stock units, and performance share units are computed by the treasury stock method.

 

Stock options, restricted stock units, and performance share units excluded from our computation of diluted EPS because they were not dilutive were as follows

 

 

 

Quarter Ended

 

 

Nine-Month Period Ended

 

In Millions

Feb. 27, 2022

 

Feb. 28, 2021

 

Feb. 27, 2022

 

Feb. 28, 2021

 

Anti-dilutive stock options, restricted stock units, and

performance share units

 

1.0

 

 

4.8

 

 

4.5

 

 

3.4