QUARTERLY DATA (UNAUDITED)
 12 Months Ended
May 29, 2011
May 30, 2010
Notes To Consolidated Financial Statements    
Quarterly data (Unaudited)

NOTE 18. QUARTERLY DATA (UNAUDITED)

 

Summarized quarterly data for fiscal 2011 and fiscal 2010 follows:

In Millions, Except Per Share Amounts First Quarter  Second Quarter  Third Quarter  Fourth Quarter
 Fiscal Year  Fiscal Year  Fiscal Year  Fiscal Year
 2011 2010  2011 2010  2011 2010  2011 2010
Net sales$ 3,533.1$ 3,482.4 $ 4,066.6$ 4,034.7 $ 3,646.2$ 3,589.3 $ 3,634.3$ 3,529.2
Gross margin  1,524.3  1,440.8   1,634.0  1,728.3   1,430.8  1,359.8   1,364.4  1,271.3
Net earnings attributable to General Mills (a)  472.1  420.6   613.9  565.5   392.1  332.5   320.2  211.9
EPS:                   
Basic$ 0.73$ 0.64 $ 0.96$ 0.86 $ 0.61$ 0.50 $ 0.50$ 0.32
Diluted$ 0.70$ 0.62 $ 0.92$ 0.83 $ 0.59$ 0.48 $ 0.48$ 0.31
Dividends per share$ 0.28$ 0.24 $ 0.28$ 0.23 $ 0.28$ 0.25 $ 0.28$ 0.24
Market price of common stock:                   
High$ 38.93$ 30.20 $ 37.54$ 34.56 $ 37.20$ 36.18 $ 39.95$ 36.96
Low$ 33.57$ 25.59 $ 34.99$ 28.99 $ 34.60$ 34.00 $ 35.99$ 34.74

(a)       Net earnings in the fourth quarter of fiscal 2010 included interest expense of $40.1 million related to the repurchase of certain notes and a non-cash income tax charge of $35.0 million resulting from a change in deferred tax assets