GENERAL MILLS, INC. AND SUBSIDIARIES Annual Report 2010 49 (In Millions, Except per Share Data) Shares Par Amount Additional Paid-In Capital Shares Amount Retained Earnings Other Comprehensive Income (Loss) Noncontrolling Interests Total Issued ............................................................. Treasury ..................................... $.10 Par Value Common Stock (One Billion Shares Authorized) ...................................................................................................... Accumulated ............................................................................................................................................................................................................................................................................................................................................................................................ Balance as of May 27, 2007 1,004.6 $100.5 $ 5,791.0 (323.4) $(6,198.0) $5,745.3 $ (120.1) $1,139.2 $ 6,457.9 Comprehensive income: Net earnings, including earnings attributable to noncontrolling interests 1,294.7 23.4 1,318.1 Other comprehensive income 293.2 3.2 296.4 ............................................................................................................................................................................................................................................................................................................................................................................................ Total comprehensive income 1,614.5 Cash dividends declared ($0.78 per share) (529.7) (529.7) Stock compensation plans (includes income tax benefits of $55.7) 121.0 13.0 261.6 382.6 Shares purchased (47.8) (1,384.6) (1,384.6) Retirement of treasury shares (250.0) (25.0) (5,055.8) 250.0 5,080.8 — Shares issued under forward purchase contract 168.2 28.6 581.8 750.0 Unearned compensation related to restricted stock unit awards (104.1) (104.1) Adoption of FIN 48 57.8 8.4 66.2 Repurchase of Series B-1 limited membership interests in General Mills Cereals, LLC (GMC) (8.0) (835.0) (843.0) Repurchase of GM Capital Inc. Series A preferred stock (150.0) (150.0) Sale of GMC Class A limited membership interests in GMC 92.3 92.3 Distributions to noncontrolling interest holders (26.5) (26.5) Earned compensation 133.2 133.2 ............................................................................................................................................................................................................................................................................................................................................................................................ Balance as of May 25, 2008 754.6 75.5 1,111.3 (79.6) (1,658.4) 6,510.7 173.1 246.6 6,458.8 Comprehensive income: Net earnings, including earnings attributable to noncontrolling interests 1,304.4 9.3 1,313.7 Other comprehensive loss (1,050.9) (1.2) (1,052.1) ............................................................................................................................................................................................................................................................................................................................................................................................ Total comprehensive income 261.6 Cash dividends declared ($0.86 per share) (579.5) (579.5) Stock compensation plans (includes income tax benefits of $94.0) 23.0 19.6 443.1 466.1 Shares purchased (40.4) (1,296.4) (1,296.4) Shares issued for acquisition 16.4 1.8 38.6 55.0 Unearned compensation related to restricted stock unit awards (56.2) (56.2) Distributions to noncontrolling interest holders (10.5) (10.5) Earned compensation 117.6 117.6 ............................................................................................................................................................................................................................................................................................................................................................................................ Balance as of May 31, 2009 754.6 75.5 1,212.1 (98.6) (2,473.1) 7,235.6 (877.8) 244.2 5,416.5 Comprehensive income: Net earnings, including earnings attributable to noncontrolling interests 1,530.5 4.5 1,535.0 Other comprehensive income (loss) (609.1) 0.2 (608.9) ............................................................................................................................................................................................................................................................................................................................................................................................ Total comprehensive income 926.1 Cash dividends declared ($0.96 per share) (643.7) (643.7) Stock compensation plans (includes income tax benefits of $114.0) 53.3 21.8 549.7 603.0 Shares purchased (21.3) (691.8) (691.8) Unearned compensation related to restricted stock unit awards (65.6) (65.6) Distributions to noncontrolling interest holders (3.8) (3.8) Earned compensation 107.3 107.3 ............................................................................................................................................................................................................................................................................................................................................................................................ Balance as of May 30, 2010 754.6 $ 75.5 $ 1,307.1 (98.1) $(2,615.2) $8,122.4 $(1,486.9) $ 245.1 $ 5,648.0 See accompanying notes to consolidated financial statements. Consolidated Statements of T otal Equity and Comprehensive Income