Earnings Per Share

6 Months Ended

Nov. 26, 2023

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

Six-Month Period Ended

In Millions, Except per Share Data

Nov. 26, 2023

Nov. 27, 2022

Nov. 26, 2023

Nov. 27, 2022

Net earnings attributable to General Mills

$

595.5

$

605.9

$

1,269.0

$

1,425.9

Average number of common shares - basic EPS

580.1

595.9

583.2

598.0

Incremental share effect from: (a)

Stock options

1.4

3.7

2.1

3.6

Restricted stock units and performance share units

1.9

2.4

2.1

2.4

Average number of common shares - diluted EPS

583.4

602.0

587.4

604.0

Earnings per share – basic

$

1.03

$

1.01

$

2.18

$

2.38

Earnings per share – diluted

$

1.02

$

1.01

$

2.16

$

2.36

(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

Six-Month Period Ended

In Millions

Nov. 26, 2023

Nov. 27, 2022

Nov. 26, 2023

Nov. 27, 2022

Anti-dilutive stock options, restricted stock units, and

 performance share units 

4.5

1.0

2.4

1.0