During fiscal 2009, we incurred unrecognized losses in excess of $1.1 billion on assets, primarily equity securities, in our defined benefit pension and other postretirement benefit plans. These losses were recognized in other comprehensive income. In fiscal 2010 and future years, the losses are reflected in pension expense using the market-related value of the plan assets over a five-year period and amortized using a declining balance method over the average remaining service period of active plan participants. In fiscal 2010, 2009, and 2008, except for reclassifications to earnings, changes in other comprehensive income (loss) were primarily noncash items. We use broad-based stock plans to help ensure that manage- ment’s interests are aligned with those of our stockholders. As of May 30, 2010, a total of 24,337,402 shares were available for grant in the form of stock options, restricted shares, restricted stock units, and shares of common stock under the 2009 Stock Com- pensation Plan (2009 Plan) and the 2006 Compensation Plan for Non-Employee Directors (2006 Director Plan). On September 21, 2009, our stockholders approved the 2009 Plan, replacing the 2007 Stock Compensation Plan (2007 Plan). Restricted shares and restricted stock units may also be granted under our Exec- utive Incentive Plan (EIP) through September 25, 2010. The 2009 Plan and EIP also provide for the issuance of cash-settled share- based units. Stock-based awards now outstanding include some granted under the 1995, 1996, 1998 (senior management), 1998 (employee), 2001, 2003, 2005, and 2007 stock plans, under which no further awards may be granted. The stock plans provide for full vesting of options, restricted shares, restricted stock units, and cash-settled share-based units upon completion of specified service periods or in certain circumstances, following a change of control. 67 Annual Report 2010 All shares and per share amounts have been adjusted for the two-for-one stock split on May 28, 2010. NOTE 11. STOCK PLANS Accumulated other comprehensive loss balances, net of tax effects, were as follows: In Millions May 30, 2010 May 31, 2009 ......................................................................................................................................................................................... Foreign currency translation adjustments $ 194.9 $ 358.2 Unrealized gain (loss) from: Securities 5.6 4.4 Hedge derivatives (28.9) (41.9) Pension, other postretirement, and postemployment benefits: Net actuarial loss (1,611.0) (1,168.2) Prior service costs (47.5) (30.3) ......................................................................................................................................................................................... Accumulated other comprehensive loss $(1,486.9) $ (877.8) In Millions Pretax Tax Net Fiscal 2008 ..................................................................... ......................................................................................................................................................................................... Net earnings attributable to General Mills $1,294.7 Net earnings attributable to noncontrolling interests 23.4 ......................................................................................................................................................................................... Net earnings, including earnings attributable to noncontrolling interests $1,318.1 ......................................................................................................................................................................................... Other comprehensive income (loss): Foreign currency translation $243.1 $ — $ 243.1 Minimum pension liability 61.4 (22.0) 39.4 Other fair value changes: Securities 1.5 (0.6) 0.9 Hedge derivatives 59.6 (21.3) 38.3 Reclassification to earnings: Hedge derivatives (64.5) 23.5 (41.0) Amortization of losses and prior service costs 20.6 (8.1) 12.5 ......................................................................................................................................................................................... Other comprehensive income (loss) in accumulated other comprehensive income 321.7 (28.5) 293.2 Other comprehensive income attributable to noncontrolling interests 3.2 — 3.2 ......................................................................................................................................................................................... Other comprehensive income (loss) $324.9 $(28.5) $ 296.4 ......................................................................................................................................................................................... Total comprehensive income $1,614.5