XML 17 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
May 28, 2023
May 29, 2022
May 30, 2021
Consolidated Statements of Earnings [Abstract]      
Net sales $ 20,094.2 $ 18,992.8 $ 18,127.0
Cost of sales 13,548.4 12,590.6 11,678.7
Selling, general, and administrative expenses 3,500.4 3,147.0 3,079.6
Divestitures (gain) loss, net (444.6) (194.1) 53.5
Restructuring, impairment, and other exit costs (recoveries) 56.2 (26.5) 170.4
Operating profit 3,433.8 3,475.8 3,144.8
Benefit plan non-service income (88.8) (113.4) (132.9)
Interest, net 382.1 379.6 420.3
Total earnings before income taxes and after-tax earnings from joint ventures 3,140.5 3,209.6 2,857.4
Income taxes 612.2 586.3 629.1
After-tax earnings from joint ventures 81.3 111.7 117.7
Net earnings, including earnings attributable to redeemable and noncontrolling interests 2,609.6 2,735.0 2,346.0
Net earnings attributable to redeemable and noncontrolling interests 15.7 27.7 6.2
Net earnings attributable to General Mills $ 2,593.9 $ 2,707.3 $ 2,339.8
Earnings per share - basic $ 4.36 $ 4.46 $ 3.81
Earnings per share - diluted 4.31 4.42 3.78
Dividends per share $ 2.16 $ 2.04 $ 2.02