General Mills (GIS) 10-Q 18 Dec 24 2025 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Nov. 24, 2024	Dec. 11, 2024	May 26, 2024
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Amendment Flag	false
Entity Central Index Key	0000040704
Document Period End Date	Nov. 24, 2024
Document Transition Report	false
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2025
Current Fiscal Year End Date	--05-26
Entity File Number	001-01185
Entity Registrant Name	GENERAL MILLS, INC.
Entity Incorporation State Country Code	DE
Entity Tax Identification Number	41-0274440
Entity Address Address Line 1	Number One General Mills Boulevard
Entity Address City or Town	Minneapolis
Entity Address State or Province	MN
Entity Address Postal Zip Code	55426
City Area Code	(763)
Local Phone Number	764-7600
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		551,231,250
Shares held in the treasury	202,400,000	203,382,078	195,500,000
Common Stock, $.10 par value [Member]
Entity Listings [Line Items]
Security 12b Title	Common Stock, $.10 par value
Trading Symbol	GIS
Security Exchange Name	NYSE
0.125% Notes due 2025 [Member]
Entity Listings [Line Items]
Security 12b Title	0.125% Notes due 2025
Trading Symbol	GIS 25A
Security Exchange Name	NYSE
0.450% Notes due 2026 [Member]
Entity Listings [Line Items]
Security 12b Title	0.450% Notes due 2026
Trading Symbol	GIS 26
Security Exchange Name	NYSE
1.500% Notes due 2027 [Member]
Entity Listings [Line Items]
Security 12b Title	1.500% Notes due 2027
Trading Symbol	GIS 27
Security Exchange Name	NYSE
3.907% Notes due 2029 [Member]
Entity Listings [Line Items]
Security 12b Title	3.907% Notes due 2029
Trading Symbol	GIS 29
Security Exchange Name	NYSE
3.650% Notes due 2030 [Member]
Entity Listings [Line Items]
Security 12b Title	3.650% Notes due 2030
Trading Symbol	GIS 30A
Security Exchange Name	NYSE
3.850% Notes due 2034 [Member]
Entity Listings [Line Items]
Security 12b Title	3.850% Notes due 2034
Trading Symbol	GIS 34
Security Exchange Name	NYSE

Consolidated Statements of Earn

Consolidated Statements of Earnings - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Consolidated Statements of Earnings [Abstract]
Net sales	$ 5,240.1	$ 5,139.4	$ 10,088.2	$ 10,044.1
Cost of sales	3,309	3,373.5	6,468.3	6,507.7
Selling, general, and administrative expenses	852	830.5	1,707.1	1,669.8
Restructuring, impairment, and other exit costs	1.2	123.6	3.4	124.8
Operating profit	1,077.9	811.8	1,909.4	1,741.8
Benefit plan non-service income	(13.8)	(20.1)	(27.7)	(37.1)
Interest, net	124.6	117.8	248.2	234.8
Earnings before income taxes and after-tax earnings from joint ventures	967.1	714.1	1,688.9	1,544.1
Income taxes	194.8	136	352.2	309.2
After-tax earnings from joint ventures	30	24.2	49.2	47.7
Net earnings, including earnings attributable to noncontrolling interests	802.3	602.3	1,385.9	1,282.6
Net earnings attributable to noncontrolling interests	6.6	6.8	10.3	13.6
Net earnings attributable to General Mills	$ 795.7	$ 595.5	$ 1,375.6	$ 1,269
Earnings per share - basic	$ 1.43	$ 1.03	$ 2.46	$ 2.18
Earnings per share - diluted	$ 1.42	$ 1.02	$ 2.45	$ 2.16

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Consolidated Statements of Comprehensive Income [Abstract]
Net earnings, including earnings attributable to noncontrolling interests	$ 802.3	$ 602.3	$ 1,385.9	$ 1,282.6
Other comprehensive income (loss), net of tax:
Foreign currency translation	28.8	(22.3)	(33.1)	(40.4)
Other fair value changes:
Hedge derivatives	9.2	1.9	3.2	(0.4)
Reclassification to earnings:
Hedge derivatives	1.7	(2.4)	1.7	(2.2)
Amortization of losses and prior service costs	11.7	9.2	23.3	18.3
Other comprehensive income (loss), net of tax	51.4	(13.6)	(4.9)	(24.7)
Total comprehensive income	853.7	588.7	1,381	1,257.9
Comprehensive income attributable to noncontrolling interests	5.3	7.1	9.5	14
Comprehensive income attributable to General Mills	$ 848.4	$ 581.6	$ 1,371.5	$ 1,243.9

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Nov. 24, 2024	May 26, 2024
Current assets:
Cash and cash equivalents	$ 2,292.8	$ 418
Receivables	1,781.9	1,696.2
Inventories	1,967.9	1,898.2
Prepaid expenses and other current assets	458	568.5
Assets held for sale	880.8	0
Total current assets	7,381.4	4,580.9
Land, buildings, and equipment	3,457	3,863.9
Goodwill	14,427.7	14,750.7
Other intangible assets	6,743.3	6,979.9
Other assets	1,386.7	1,294.5
Total assets	33,396.1	31,469.9
Current liabilities:
Accounts payable	4,068.8	3,987.8
Current portion of long-term debt	1,821.5	1,614.1
Notes payable	264.3	11.8
Other current liabilities	1,804.5	1,419.4
Liabilities held for sale	65.2	0
Total current liabilities	8,024.3	7,033.1
Long-term debt	12,435.8	11,304.2
Deferred income taxes	2,232.9	2,200.6
Other liabilities	1,253.9	1,283.5
Total liabilities	23,946.9	21,821.4
Stockholders' equity:
Common stock, 754.6 shares issued, $0.10 par value	75.5	75.5
Additional paid-in capital	1,182	1,227
Retained earnings	21,340.3	20,971.8
Common stock in treasury, at cost, shares of 202.4 and 195.5	(10,873.3)	(10,357.9)
Accumulated other comprehensive loss	(2,523.8)	(2,519.7)
Total stockholders' equity	9,200.7	9,396.7
Noncontrolling interests	248.5	251.8
Total equity	9,449.2	9,648.5
Total liabilities and equity	$ 33,396.1	$ 31,469.9

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 11, 2024	Nov. 24, 2024	May 26, 2024	Nov. 26, 2023
Stockholders' equity:
Common stock, shares issued		754,600,000	754,600,000
Common stock, par value per share		$ 0.10	$ 0.10	$ 0.10
Shares held in the treasury	203,382,078	202,400,000	195,500,000

Consolidated Statements of Tota

Consolidated Statements of Total Equity - USD ($) shares in Millions, $ in Millions	Total	Parent [Member]	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Common Stock in Treasury [Member]	Accumulated Other Comprehensive Loss [Member]	Noncontrolling Interests [Member]
Beginning Balance, Treasury Stock, Shares at May. 28, 2023						(168)
Stockholders' Equity, Number of Shares
Shares purchased, including excise tax, shares	(18.8)					(18.8)
Stock compensation plans						1.1
Ending Balance, Treasury Stock, Shares at Nov. 26, 2023						(185.7)
Ending Balance, Common Stock, Shares, Issued at Nov. 26, 2023			754.6
Beginning Balance, equity at May. 28, 2023	$ 10,700			$ 1,222.4	$ 19,838.6	$ (8,410)	$ (2,276.9)	$ 250.4
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Shares purchased, including excise tax, value	(1,313.5)					(1,313.5)
Stock compensation plans				0.8		46.1
Unearned compensation related to stock unit awards				(79.9)
Earned compensation				58.5
Comprehensive income (loss)							(25.1)	14
Net earnings attributable to General Mills	1,269	$ 1,269			1,269
Distributions to noncontrolling interest holders								(12)
Change in ownership interest								0.7
Cash dividends declared ($0.60 and $0.59 per share)					(1,026.7)
Ending Balance, equity at Nov. 26, 2023	$ 9,631.9		$ 75.5	1,201.8	20,080.9	$ (9,677.4)	(2,302)	253.1
Beginning Balance, Treasury Stock, Shares at Aug. 27, 2023						(173.4)
Stockholders' Equity, Number of Shares
Shares purchased, including excise tax, shares	(12.4)					(12.4)
Stock compensation plans						0.1
Ending Balance, Treasury Stock, Shares at Nov. 26, 2023						(185.7)
Ending Balance, Common Stock, Shares, Issued at Nov. 26, 2023			754.6
Beginning Balance, equity at Aug. 27, 2023	$ 10,515.4			1,185.7	20,163.6	$ (8,874.3)	(2,288.1)	253
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Shares purchased, including excise tax, value	(808.8)					(808.8)
Stock compensation plans				(6.5)		5.7
Unearned compensation related to stock unit awards				(0.5)
Earned compensation				23.1
Comprehensive income (loss)							(13.9)	7.1
Net earnings attributable to General Mills	595.5	595.5			595.5
Distributions to noncontrolling interest holders								(7.7)
Change in ownership interest								0.7
Cash dividends declared ($0.60 and $0.59 per share)					(678.2)
Ending Balance, equity at Nov. 26, 2023	$ 9,631.9		$ 75.5	1,201.8	20,080.9	$ (9,677.4)	(2,302)	253.1
Beginning Balance, Common Stock, Shares, Issued at May. 26, 2024	754.6
Beginning Balance, Treasury Stock, Shares at May. 26, 2024	(195.5)					(195.5)
Stockholders' Equity, Number of Shares
Shares purchased, including excise tax, shares	(8.7)					(8.7)
Stock compensation plans						1.8
Ending Balance, Treasury Stock, Shares at Nov. 24, 2024	(202.4)					(202.4)
Ending Balance, Common Stock, Shares, Issued at Nov. 24, 2024	754.6		754.6
Beginning Balance, equity at May. 26, 2024	$ 9,648.5			1,227	20,971.8	$ (10,357.9)	(2,519.7)	251.8
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Shares purchased, including excise tax, value	(605.2)					(605.2)
Stock compensation plans				(9.3)		89.8
Unearned compensation related to stock unit awards				(81.7)
Earned compensation				46
Comprehensive income (loss)							(4.1)	9.5
Net earnings attributable to General Mills	1,375.6	1,375.6			1,375.6
Distributions to noncontrolling interest holders								(12.8)
Change in ownership interest								0
Cash dividends declared ($0.60 and $0.59 per share)					(1,007.1)
Ending Balance, equity at Nov. 24, 2024	$ 9,449.2		$ 75.5	1,182	21,340.3	$ (10,873.3)	(2,523.8)	248.5
Beginning Balance, Treasury Stock, Shares at Aug. 25, 2024						(198.8)
Stockholders' Equity, Number of Shares
Shares purchased, including excise tax, shares	(4.2)					(4.2)
Stock compensation plans						0.6
Ending Balance, Treasury Stock, Shares at Nov. 24, 2024	(202.4)					(202.4)
Ending Balance, Common Stock, Shares, Issued at Nov. 24, 2024	754.6		754.6
Beginning Balance, equity at Aug. 25, 2024	$ 9,526.6			1,164.6	21,213.9	$ (10,601.9)	(2,576.5)	251
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Shares purchased, including excise tax, value	(303)					(303)
Stock compensation plans				(4.1)		31.6
Unearned compensation related to stock unit awards				(4.6)
Earned compensation				26.1
Comprehensive income (loss)							52.7	5.3
Net earnings attributable to General Mills	795.7	$ 795.7			795.7
Distributions to noncontrolling interest holders								(7.8)
Change in ownership interest								0
Cash dividends declared ($0.60 and $0.59 per share)					(669.3)
Ending Balance, equity at Nov. 24, 2024	$ 9,449.2		$ 75.5	$ 1,182	$ 21,340.3	$ (10,873.3)	$ (2,523.8)	$ 248.5

Consolidated Statements of To_2

Consolidated Statements of Total Equity (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Consolidated Statements of Total Equity [Abstract]
Common stock, par value per share	$ 0.10	$ 0.10	$ 0.10	$ 0.10
Common stock, shares authorized	1,000,000,000	1,000,000,000	1,000,000,000	1,000,000,000
Shares purchased, excise tax	$ 2.6	$ 7.9	$ 4.8	$ 12.1
Cash dividends declared per share	$ 1.20	$ 1.18	$ 1.80	$ 1.77

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023
Cash Flows - Operating Activities
Net earnings, including earnings attributable to noncontrolling interests	$ 1,385.9	$ 1,282.6
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	269.1	265.8
After-tax earnings from joint ventures	(49.2)	(47.7)
Distributions of earnings from joint ventures	23.1	23.5
Stock-based compensation	46.6	58.5
Deferred income taxes	(11.5)	(58.7)
Pension and other postretirement benefit plan contributions	(15.2)	(12.5)
Pension and other postretirement benefit plan costs	(6.5)	(13.5)
Restructuring, impairment, and other exit costs	(0.9)	123.1
Changes in current assets and liabilities, excluding the effects of acquisitions and divestitures	172.3	(166.1)
Other, net	(39)	40.8
Net cash provided by operating activities	1,774.7	1,495.8
Cash Flows - Investing Activities
Purchases of land, buildings, and equipment	(301.2)	(293.9)
Acquisition, net of cash acquired	(7.7)	(25.5)
Investments in affiliates, net	6.6	(1.5)
Proceeds from disposal of land, buildings, and equipment	0.9	0.1
Other, net	(4.5)	4.6
Net cash provided (used by) investing activities	(305.9)	(316.2)
Cash Flows - Financing Activities
Change in notes payable	254.3	766.9
Issuance of long-term debt	1,500	500
Payment of long-term debt	0	(400)
Proceeds from common stock issued on exercised options	33.8	5.7
Purchases of common stock for treasury	(600.4)	(1,301.4)
Dividends paid	(675.8)	(691)
Distributions to noncontrolling interest holders	(12.8)	(12)
Other, net	(77)	(41.8)
Net cash used by financing activities	422.1	(1,173.6)
Effect of exchange rate changes on cash and cash equivalents	(16.1)	2.3
Increase in cash and cash equivalents	1,874.8	8.3
Cash and cash equivalents - beginning of year	418	585.5
Cash and cash equivalents - end of period	2,292.8	593.8
Cash Flows from changes in current assets and liabilities, excluding the effects of acquisitions and divestitures:
Receivables	(109.3)	(69.2)
Inventories	(169.5)	13.8
Prepaid expenses and other current assets	83.4	209
Accounts payable	266.4	(329.1)
Other current liabilities	101.3	9.4
Changes in current assets and liabilities	$ 172.3	$ (166.1)

Background

Background	6 Months Ended
	Nov. 24, 2024
Background [Abstract]
Background	(1) Background The accompanying prepared in and with required presentation have any necessarily indicative of the results that may be expected for the fiscal year ending These Report on Form Statements are the same as those described in Note 2 to the Consolidated Financial Certain terms used throughout this report are defined in the “Glossary” section

Acquisitions And Divestitures

Acquisitions And Divestitures	6 Months Ended
	Nov. 24, 2024
Acquisitions And Divestitures [Abstract]
Acquisitions And Divestitures	In Millions Nov. 24, 2024 Receivables $ 3.2 Inventories 74.8 Prepaid expenses and other current assets 20.4 Land, buildings, and equipment 283.1 Goodwill 267.6 Other intangible assets 206.2 Other assets 25.5 Assets held for sale $ 880.8 Accounts payable $ 32.5 Other current liabilities 8.5 Deferred income taxes 10.0 Other liabilities 14.2 Liabilities held for sale $ 65.2 (2) Acquisitions and Divestitures During Whitebridge Pet 1.4 Pet Brands acquisition). customary closing conditions. We During affiliates 2.1 these divestitures in calendar year 2025, subject to regulatory assets and November 24, 2024. The components of assets held for sale and liabilities held for sale are as follows: During the fourth 434.1 acquired. 7.7 conditions We financed Sheets 317.5 118.4 customer 14.2 purposes. The pro forma effects the acquired new revised International operating segment on a one-month lag beginning in

Restructuring, Impairment, And

Restructuring, Impairment, And Other Exit Costs	6 Months Ended
	Nov. 24, 2024
Restructuring, Impairment, And Other Exit Costs [Abstract]
Restructuring, Impairment, And Other Exit Costs	(3) Restructuring, Impairment, and Other Exit Costs Restructuring and impairment charges were as follows: Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Charges associated with restructuring actions $ 1.3 $ 14.8 $ 4.2 $ 24.6 Goodwill impairment - 117.1 - 117.1 Total $ 1.3 $ 131.9 $ 4.2 $ 141.7 In the 1.3 restructuring 4.2 November 24, 14.8 second quarter of 24.6 restructuring actions previously announced. In the second 117.1 reporting unit. Please see Note 4 for additional information. We 5.1 $ 18.6 Restructuring and impairment charges and project-related Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Restructuring, impairment, and other exit costs $ 1.2 $ 123.6 $ 3.4 $ 124.8 Cost of sales 0.1 8.3 0.8 16.9 Total restructuring $ 1.3 $ 131.9 $ 4.2 $ 141.7 Project-related costs classified in cost of sales $ 0.1 $ 0.3 $ 0.2 $ 1.1

Goodwill And Other Intangible A

Goodwill And Other Intangible Assets	6 Months Ended
	Nov. 24, 2024
Goodwill And Other Intangible Assets [Abstract]
Goodwill And Other Intangible Assets	In Millions Nov. 24, 2024 May 26, 2024 Goodwill $ 14,427.7 $ 14,750.7 Other intangible assets: Intangible assets not subject to amortization: Brands and other indefinite-lived intangibles 6,502.5 6,728.6 Intangible assets subject to amortization: Customer relationships and other finite-lived intangibles 387.1 402.2 Less accumulated amortization (146.3) (150.9) Intangible assets subject to amortization, net 240.8 251.3 Other intangible assets 6,743.3 6,979.9 Total $ 21,171.0 $ 21,730.6 In Millions North America Retail North America Pet North America Foodservice International (a) Corporate and Joint Ventures Total Balance as of May 26, 2024 $ 6,541.9 $ 6,062.8 $ 805.5 $ 917.1 $ 423.4 $ 14,750.7 Reclassified to assets held (217.6) - (50.0) - - (267.6) Other activity, primarily (2.7) - - (37.0) (15.7) (55.4) Balance as of Nov. 24, 2024 $ 6,321.6 $ 6,062.8 $ 755.5 $ 880.1 $ 407.7 $ 14,427.7 In Millions Total Balance as of May 26, 2024 $ 6,979.9 Reclassified to assets held for sale (206.2) Other activity, primarily (30.4) Balance as of Nov. 24, 2024 $ 6,743.3 (4) Goodwill and Other Intangible Assets The components of goodwill and other intangible assets are as follows: Based next five fiscal years is estimated to be approximately $ 20 The changes in the carrying amount of goodwill during the six-month period The changes in the carrying amount of other intangible assets during the six-month Our fiscal no excess of the Uncle Toby’s our Progresso , Nudges , True , Kitano coverage. We will continue (a) The carrying amounts of goodwill within the International segment as of accumulated impairment losses of $ 117.1 Statements included in our Annual Report on Form 10-K for the fiscal year

Inventories

Inventories	6 Months Ended
	Nov. 24, 2024
Inventories [Abstract]
Inventories	(5) Inventories The components of inventories were as follows: In Millions Nov. 24, 2024 May 26, 2024 Finished goods $ 1,986.1 $ 1,827.7 Raw materials and packaging 441.1 500.5 Grain 82.9 111.1 Excess of FIFO over LIFO cost (542.2) (541.1) Total $ 1,967.9 $ 1,898.2 In addition, we had $ 74.8

Risk Management Activities

Risk Management Activities	6 Months Ended
	Nov. 24, 2024
Risk Management Activities [Abstract]
Risk Management Activities	(6) Risk Management Activities Many commodities we We utilize derivatives to manage price risk for our principal dairy products, natural with We manage combination of purchase orders, long-term and swaps. We offset close as possible to or below our planned cost. We hedge currently in cost of sales in our Consolidated Statements of Earnings. Although we do objective of providing certainty measuring operating results unallocated derivative without experiencing any resulting mark-to-market volatility, Unallocated corporate items for the quarters and six-month periods ended Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Net gain (loss) on mark-to-market valuation of certain $ 3.4 $ (38.2) $ (34.3) $ (9.8) Net loss on commodity positions reclassified from 19.1 14.6 36.3 17.8 Net mark-to-market revaluation of certain grain inventories 6.9 (1.5) (1.4) 11.8 Net mark-to-market valuation of certain commodity $ 29.4 $ (25.1) $ 0.6 $ 19.8 As of 264.5 157.4 agricultural inputs and $ 107.1 next 12 We also these investments with € 3,986.5 During the 350.0 treasury locks were terminated during the second quarter 750.0 of January 30, 2035 . 0.1 through interest expense over the respective term of the debt. During the 750.0 750.0 million of fixed-rate notes due January 30, 2030, to a floating rate. During the second quarter of fiscal 2025, our 500.0 500.0 rate notes due swap was designated to the associated hedged debt. The material significantly change our valuation techniques from prior periods. We services also We financial institutions the third agreements. 1,555.2 third-party services. 1,404.4 third-party services.

Debt

Debt	6 Months Ended
	Nov. 24, 2024
Debt [Abstract]
Debt	(7) Debt The components of notes payable were as follows: To ensure availability and Europe. The following table details the fee-paid committed and uncommitted credit In Billions Facility Amount Borrowed Amount Committed credit facility expiring October 2029 $ 2.7 $ - Uncommitted credit facilities 0.7 - Total committed $ 3.4 $ - In 2.7 October 2029 . Concurrent with the execution of this credit facility, 2.7 The 2.5 We were in compliance with all credit facility covenants as of November 24, 2024. Long-Term The fair values 13,683.8 14,257.3 respectively, flows based fair value hierarchy. In the 750.0 4.875 January 30, 2030 . We use the net proceeds to fund the Whitebridge Pet Brands acquisition. In the second quarter 750.0 5.25 January 30, 2035 . We the net proceeds to fund the Whitebridge Pet Brands acquisition. In the 250.0 April 22, 2026 . We repay € 250.0 November 8, 2024 . In the 500.0 October 22, 2026 . We to repay € 500.0 November 8, 2024 . In the 500.0 3.65 October 23, 2030 . We proceeds for general corporate purposes. In 500.0 3.85 April 23, 2034 . proceeds for general corporate purposes. In 500.0 4.7 January 30, 2027 . We proceeds to repay $ 500.0 3.65 February 15, 2024 . In the second 250.0 November 8, 2024 . We to repay € 250.0 November 10, 2023 . In the 500.0 5.5 October 17, 2028 . We proceeds to repay $ 400.0 October 17, 2023 , and for general corporate purposes. In the first 500.0 November 8, 2024 . We repay € 500.0 July 27, 2023 . Certain of our As of November 24, 2024, we were in compliance with all of these covenants. Nov. 24, 2024 May 26, 2024 In Millions Notes Payable Weighted- Average Interest Rate Notes Payable Weighted- Average Interest Rate U.S. commercial paper $ 251.4 4.8 % $ - - % Financial institutions 12.9 6.7 11.8 8.8 Total $ 264.3 4.9 % $ 11.8 8.8 %

Noncontrolling Interests

Noncontrolling Interests	6 Months Ended
	Nov. 24, 2024
Noncontrolling Interests [Abstract]
Noncontrolling Interests	(8) Noncontrolling Interests The available net the 251.5 Class A Interests was reset to the sum of the three-month Term SOFR 261 three years Our noncontrolling interests contain restrictive covenants. As of November 24, 2024, we were in compliance with all of these covenants.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Nov. 24, 2024
Stockholders' Equity [Abstract]
Stockholders' Equity	Quarter Ended Quarter Ended Nov. 24, 2024 Nov. 26, 2023 General Mills Noncontrolling Interests General Mills Noncontrolling Interests In Millions Pretax Tax Net Net Pretax Tax Net Net Net earnings, including earnings $ 795.7 $ 6.6 $ 595.5 $ 6.8 Other comprehensive income (loss): Foreign currency translation $ 100.9 $ (70.8) 30.1 (1.3) $ (32.4) $ 9.8 (22.6) 0.3 Other fair value changes: Hedge derivatives 11.8 (2.6) 9.2 - 2.5 (0.6) 1.9 - Reclassification to earnings: Hedge derivatives (a) 1.2 0.5 1.7 - (3.4) 1.0 (2.4) - Amortization of losses and 14.6 (2.9) 11.7 - 11.5 (2.3) 9.2 - Other comprehensive income (loss) $ 128.5 $ (75.8) 52.7 (1.3) $ (21.8) $ 7.9 (13.9) 0.3 Total comprehensive income $ 848.4 $ 5.3 $ 581.6 $ 7.1 Six-Month Period Ended Six-Month Period Ended Nov. 24, 2024 Nov. 26, 2023 General Mills Noncontrolling Interests General Mills Noncontrolling Interests In Millions Pretax Tax Net Net Pretax Tax Net Net Net earnings, including earnings $ 1,375.6 $ 10.3 $ 1,269.0 $ 13.6 Other comprehensive (loss) income: Foreign currency translation $ 7.0 $ (39.3) (32.3) (0.8) $ (54.4) $ 13.6 (40.8) 0.4 Other fair value changes: Hedge derivatives 4.3 (1.1) 3.2 - (0.2) (0.2) (0.4) - Reclassification to earnings: Hedge derivatives (a) 0.8 0.9 1.7 - (4.7) 2.5 (2.2) - Amortization of losses and 29.1 (5.8) 23.3 - 23.0 (4.7) 18.3 - Other comprehensive (loss) income $ 41.2 $ (45.3) (4.1) (0.8) $ (36.3) $ 11.2 (25.1) 0.4 Total comprehensive income $ 1,371.5 $ 9.5 $ 1,243.9 $ 14.0 In Millions Nov. 24, 2024 May 26, 2024 Foreign currency translation adjustments $ (827.6) $ (795.3) Unrealized gain from hedge derivatives 5.1 0.2 Pension, other postretirement, and postemployment benefits: Net actuarial loss (1,775.1) (1,806.3) Prior service credits 73.8 81.7 Accumulated other comprehensive loss $ (2,523.8) $ (2,519.7) (9) Stockholders’ Equity The following tables provide details of total comprehensive income: (a) (b) (a) (b) Accumulated other comprehensive loss balances, net of tax effects,

Stock Plans

Stock Plans	6 Months Ended
	Nov. 24, 2024
Stock Plans [Abstract]
Stock Plans	(10) Stock Plans We have various units, and performance described in Note May 26, 2024. Compensation expense related to stock-based payments recognized Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Compensation expense related to stock-based payments $ 26.3 $ 23.1 $ 46.6 $ 58.5 Windfall tax benefits from stock-based Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Windfall tax benefits from stock-based payments $ 2.0 $ 0.5 $ 4.8 $ 8.9 As performance share units was $ 164.4 23 Net cash proceeds from the exercise of stock options were as follows: Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Net cash proceeds $ 33.8 $ 5.7 Intrinsic value of options exercised $ 10.0 $ 2.3 We predictive assumptions estimate our future volatility we believe a marketplace participant would not use, implied 6 months, is is ended May 26, 2024. The follows: Six-Month Period Ended Nov. 24, 2024 Nov. 26, 2023 Estimated fair values of stock options granted $ 13.26 $ 17.47 Assumptions: Risk-free interest rate 4.5 % 4.0 % Expected term 8.5 years 8.5 years Expected volatility 21.6 % 21.4 % Dividend yield 3.8 % 2.8 % The total grant date fair value of restricted stock unit awards that vested during Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Total grant date fair $ 97.0 $ 87.4

Earnings Per Share

Earnings Per Share	6 Months Ended
	Nov. 24, 2024
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. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Net earnings attributable to General Mills $ 795.7 $ 595.5 $ 1,375.6 $ 1,269.0 Average number 556.9 580.1 558.7 583.2 Incremental share effect from: (a) Stock options 1.9 1.4 1.7 2.1 Restricted stock units and performance share units 1.6 1.9 1.8 2.1 Average number 560.4 583.4 562.2 587.4 Earnings per share – basic $ 1.43 $ 1.03 $ 2.46 $ 2.18 Earnings per share – diluted $ 1.42 $ 1.02 $ 2.45 $ 2.16 (a) method. Stock options, restricted they were not dilutive were as follows: Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Anti-dilutive stock options, restricted stock units, and 3.1 4.5 3.2 2.4

Share Repurchases

Share Repurchases	6 Months Ended
	Nov. 24, 2024
Share Repurchases [Abstract]
Share Repurchases	(12) Share Repurchases Share repurchases were as follows: Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Shares of common stock 4.2 12.4 8.7 18.8 Aggregate purchase price $ 303.0 $ 808.8 $ 605.2 $ 1,313.5

Statements Of Cash Flows

Statements Of Cash Flows	6 Months Ended
	Nov. 24, 2024
Statements Of Cash Flows [Abstract]
Statements Of Cash Flows	(13) Statements of Cash Flows Our Consolidated Statements of Cash Flows include the following: Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Net cash interest payments $ 139.6 $ 212.2 Net income tax payments $ 252.1 $ 207.0

Retirement And Postemployment B

Retirement And Postemployment Benefits	6 Months Ended
	Nov. 24, 2024
Retirement And Postemployment Benefits [Abstract]
Retirement And Postemployment Benefits	(14) Retirement and Postemployment Benefits Components of net periodic benefit expense (income) are as follows: Defined Benefit Pension Plans Other Postretirement Benefit Plans Postemployment Benefit Plans Quarter Ended Quarter Ended Quarter Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Service cost $ 12.9 $ 14.4 $ 1.1 $ 1.2 $ 1.7 $ 1.9 Interest cost 76.7 74.1 5.3 5.4 1.0 1.0 Expected return on plan assets (105.0) (106.0) (8.9) (8.7) - - Amortization of losses (gains) 24.9 21.5 (5.1) (5.1) 0.2 (0.1) Amortization of prior service costs (credits) 0.4 0.5 (5.6) (5.5) (0.2) 0.2 Other adjustments - - - - 2.5 2.6 Curtailment gain - (3.4) - - - - Net expense (income) $ 9.9 $ 1.1 $ (13.2) $ (12.7) $ 5.2 $ 5.6 Defined Benefit Pension Plans Other Postretirement Benefit Plans Postemployment Benefit Plans Six-Month Period Ended Six-Month Period Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Service cost $ 25.9 $ 28.6 $ 2.2 $ 2.4 $ 3.5 $ 3.7 Interest cost 153.4 148.3 10.6 10.7 2.0 2.0 Expected return on plan assets (210.0) (208.9) (17.9) (17.4) - - Amortization of losses (gains) 50.0 43.0 (10.3) (10.2) 0.3 (0.1) Amortization of prior service costs (credits) 0.7 0.9 (11.1) (10.9) (0.5) 0.3 Other adjustments - - - - 5.1 5.2 Curtailment gain - (3.4) - - - - Net expense (income) $ 20.0 $ 8.5 $ (26.5) $ (25.4) $ 10.4 $ 11.1 In addition, we had $ 0.9

Income Taxes

Income Taxes	6 Months Ended
	Nov. 24, 2024
Income Taxes [Abstract]
Income Taxes	(15) Income Taxes In Pillar jurisdiction beginning statements. legislation guidance and evaluate potential impact on our consolidated financial During the with a capital loss our liquidity.

Business Segment And Geographic

Business Segment And Geographic Information	6 Months Ended
	Nov. 24, 2024
Business Segment And Geographic Information [Abstract]
Business Segment And Geographic Information	(16) Business Segment and Geographic Information We operate America Pet, Pet segment to reflect that the historical segment operating results. Our North America Retail stores, categories products, organic products including ready-to-eat cereal, frozen Our product categories include super-premium shelf-stable through owned Caribbean and Latin American markets, as well as products we export activities are reported in the region or country where the end customer Our North superstore hospitals. vegetables, stage needs cuts for wet foods. Our categories unbaked and and nearly We sell to vending, and supermarket bakeries. Operating profit and other other net expenses, initiative segment operating performance. losses affecting reviewed are depreciation and amortization expenses are neither maintained nor available Our operating segment results were as follows: Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Net sales: North America Retail $ 3,321.5 $ 3,305.0 $ 6,338.1 $ 6,378.0 International 690.6 683.1 1,407.6 1,398.9 North America Pet 595.8 569.3 1,171.9 1,149.2 North America Foodservice 630.0 582.0 1,166.2 1,118.0 Total segment net $ 5,237.9 $ 5,139.4 $ 10,083.8 $ 10,044.1 Corporate and other 2.2 - 4.4 - Total net sales $ 5,240.1 $ 5,139.4 $ 10,088.2 $ 10,044.1 Operating profit: North America Retail $ 862.3 $ 859.9 $ 1,608.0 $ 1,658.1 International 23.8 34.6 44.7 84.6 North America Pet 139.3 102.5 258.7 213.7 North America Foodservice 118.5 95.5 190.0 154.6 Total segment operating $ 1,143.9 $ 1,092.5 $ 2,101.4 $ 2,111.0 Unallocated corporate items 64.8 157.1 188.6 244.4 Restructuring, impairment, and other exit costs 1.2 123.6 3.4 124.8 Operating profit $ 1,077.9 $ 811.8 $ 1,909.4 $ 1,741.8 Net sales for our North America Retail operating units were as follows: Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 U.S. Meals & Baking Solutions $ 1,327.9 $ 1,343.3 $ 2,274.2 $ 2,285.2 U.S. Morning Foods 892.9 856.9 1,795.8 1,784.7 U.S. Snacks 843.1 836.3 1,753.6 1,790.8 Canada 257.6 268.5 514.5 517.3 Total $ 3,321.5 $ 3,305.0 $ 6,338.1 $ 6,378.0 Net sales by class of similar products were as follows: Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Snacks $ 1,055.0 $ 1,037.3 $ 2,161.8 $ 2,174.0 Cereal 829.5 776.9 1,622.6 1,594.8 Convenient meals 795.1 785.1 1,474.0 1,450.6 Dough 722.6 775.1 1,240.4 1,310.0 Pet 623.8 572.3 1,228.4 1,152.2 Baking mixes and ingredients 577.2 562.3 1,034.3 1,028.8 Yogurt 377.8 364.9 749.7 733.3 Super-premium ice cream 163.6 168.3 376.5 392.3 Other 95.5 97.2 200.5 208.1 Total $ 5,240.1 $ 5,139.4 $ 10,088.2 $ 10,044.1

Acquisitions And Divestitures (

Acquisitions And Divestitures (Tables)	6 Months Ended
	Nov. 24, 2024
Acquisitions And Divestitures [Abstract]
Components Of Assets Held For Sale And Liabilities Held For Sale	In Millions Nov. 24, 2024 Receivables $ 3.2 Inventories 74.8 Prepaid expenses and other current assets 20.4 Land, buildings, and equipment 283.1 Goodwill 267.6 Other intangible assets 206.2 Other assets 25.5 Assets held for sale $ 880.8 Accounts payable $ 32.5 Other current liabilities 8.5 Deferred income taxes 10.0 Other liabilities 14.2 Liabilities held for sale $ 65.2

Restructuring, Impairment, An_2

Restructuring, Impairment, And Other Exit Costs (Tables)	6 Months Ended
	Nov. 24, 2024
Restructuring, Impairment, And Other Exit Costs [Abstract]
Restructuring And Impairment Charges	Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Charges associated with restructuring actions $ 1.3 $ 14.8 $ 4.2 $ 24.6 Goodwill impairment - 117.1 - 117.1 Total $ 1.3 $ 131.9 $ 4.2 $ 141.7
Restructuring, Impairment Charges And Project-Related Costs	Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Restructuring, impairment, and other exit costs $ 1.2 $ 123.6 $ 3.4 $ 124.8 Cost of sales 0.1 8.3 0.8 16.9 Total restructuring $ 1.3 $ 131.9 $ 4.2 $ 141.7 Project-related costs classified in cost of sales $ 0.1 $ 0.3 $ 0.2 $ 1.1

Goodwill And Other Intangible_2

Goodwill And Other Intangible Assets (Tables)	6 Months Ended
	Nov. 24, 2024
Goodwill And Other Intangible Assets [Abstract]
Components Of Goodwill And Other Intangible Assets	In Millions Nov. 24, 2024 May 26, 2024 Goodwill $ 14,427.7 $ 14,750.7 Other intangible assets: Intangible assets not subject to amortization: Brands and other indefinite-lived intangibles 6,502.5 6,728.6 Intangible assets subject to amortization: Customer relationships and other finite-lived intangibles 387.1 402.2 Less accumulated amortization (146.3) (150.9) Intangible assets subject to amortization, net 240.8 251.3 Other intangible assets 6,743.3 6,979.9 Total $ 21,171.0 $ 21,730.6
Changes In Carrying Amount Of Goodwill	In Millions North America Retail North America Pet North America Foodservice International (a) Corporate and Joint Ventures Total Balance as of May 26, 2024 $ 6,541.9 $ 6,062.8 $ 805.5 $ 917.1 $ 423.4 $ 14,750.7 Reclassified to assets held (217.6) - (50.0) - - (267.6) Other activity, primarily (2.7) - - (37.0) (15.7) (55.4) Balance as of Nov. 24, 2024 $ 6,321.6 $ 6,062.8 $ 755.5 $ 880.1 $ 407.7 $ 14,427.7 (a) The carrying amounts of goodwill within the International segment as of accumulated impairment losses of $ 117.1 Statements included in our Annual Report on Form 10-K for the fiscal year
Changes In Carrying Amount Of Other Intangible Assets	In Millions Total Balance as of May 26, 2024 $ 6,979.9 Reclassified to assets held for sale (206.2) Other activity, primarily (30.4) Balance as of Nov. 24, 2024 $ 6,743.3

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Nov. 24, 2024
Inventories [Abstract]
Schedule Of Components Of Inventories	In Millions Nov. 24, 2024 May 26, 2024 Finished goods $ 1,986.1 $ 1,827.7 Raw materials and packaging 441.1 500.5 Grain 82.9 111.1 Excess of FIFO over LIFO cost (542.2) (541.1) Total $ 1,967.9 $ 1,898.2

Risk Management Activities (Tab

Risk Management Activities (Tables)	6 Months Ended
	Nov. 24, 2024
Risk Management Activities [Abstract]
Schedule of Unallocated Corporate items	Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Net gain (loss) on mark-to-market valuation of certain $ 3.4 $ (38.2) $ (34.3) $ (9.8) Net loss on commodity positions reclassified from 19.1 14.6 36.3 17.8 Net mark-to-market revaluation of certain grain inventories 6.9 (1.5) (1.4) 11.8 Net mark-to-market valuation of certain commodity $ 29.4 $ (25.1) $ 0.6 $ 19.8

Debt (Tables)

Debt (Tables)	6 Months Ended
	Nov. 24, 2024
Debt [Abstract]
Schedule Of Components Of Notes Payable	Nov. 24, 2024 May 26, 2024 In Millions Notes Payable Weighted- Average Interest Rate Notes Payable Weighted- Average Interest Rate U.S. commercial paper $ 251.4 4.8 % $ - - % Financial institutions 12.9 6.7 11.8 8.8 Total $ 264.3 4.9 % $ 11.8 8.8 %
Schedule Of Fee-Paid Committed and Uncommitted Credit Lines	In Billions Facility Amount Borrowed Amount Committed credit facility expiring October 2029 $ 2.7 $ - Uncommitted credit facilities 0.7 - Total committed $ 3.4 $ -

Stockholders' Equity (Tables)

Stockholders' Equity (Tables)	6 Months Ended
	Nov. 24, 2024
Stockholders' Equity [Abstract]
Schedule of Total Comprehensive Income (Loss)	Quarter Ended Quarter Ended Nov. 24, 2024 Nov. 26, 2023 General Mills Noncontrolling Interests General Mills Noncontrolling Interests In Millions Pretax Tax Net Net Pretax Tax Net Net Net earnings, including earnings $ 795.7 $ 6.6 $ 595.5 $ 6.8 Other comprehensive income (loss): Foreign currency translation $ 100.9 $ (70.8) 30.1 (1.3) $ (32.4) $ 9.8 (22.6) 0.3 Other fair value changes: Hedge derivatives 11.8 (2.6) 9.2 - 2.5 (0.6) 1.9 - Reclassification to earnings: Hedge derivatives (a) 1.2 0.5 1.7 - (3.4) 1.0 (2.4) - Amortization of losses and 14.6 (2.9) 11.7 - 11.5 (2.3) 9.2 - Other comprehensive income (loss) $ 128.5 $ (75.8) 52.7 (1.3) $ (21.8) $ 7.9 (13.9) 0.3 Total comprehensive income $ 848.4 $ 5.3 $ 581.6 $ 7.1 (a) (b) Six-Month Period Ended Six-Month Period Ended Nov. 24, 2024 Nov. 26, 2023 General Mills Noncontrolling Interests General Mills Noncontrolling Interests In Millions Pretax Tax Net Net Pretax Tax Net Net Net earnings, including earnings $ 1,375.6 $ 10.3 $ 1,269.0 $ 13.6 Other comprehensive (loss) income: Foreign currency translation $ 7.0 $ (39.3) (32.3) (0.8) $ (54.4) $ 13.6 (40.8) 0.4 Other fair value changes: Hedge derivatives 4.3 (1.1) 3.2 - (0.2) (0.2) (0.4) - Reclassification to earnings: Hedge derivatives (a) 0.8 0.9 1.7 - (4.7) 2.5 (2.2) - Amortization of losses and 29.1 (5.8) 23.3 - 23.0 (4.7) 18.3 - Other comprehensive (loss) income $ 41.2 $ (45.3) (4.1) (0.8) $ (36.3) $ 11.2 (25.1) 0.4 Total comprehensive income $ 1,371.5 $ 9.5 $ 1,243.9 $ 14.0 (a) (b)
Schedule Of Accumulated Other Comprehensive Income (Loss)	In Millions Nov. 24, 2024 May 26, 2024 Foreign currency translation adjustments $ (827.6) $ (795.3) Unrealized gain from hedge derivatives 5.1 0.2 Pension, other postretirement, and postemployment benefits: Net actuarial loss (1,775.1) (1,806.3) Prior service credits 73.8 81.7 Accumulated other comprehensive loss $ (2,523.8) $ (2,519.7)

Stock Plans (Tables)

Stock Plans (Tables)	6 Months Ended
	Nov. 24, 2024
Stock Plans [Abstract]
Schedule Of Compensation Expense Related To Stock-Based Payments	Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Compensation expense related to stock-based payments $ 26.3 $ 23.1 $ 46.6 $ 58.5 Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Windfall tax benefits from stock-based payments $ 2.0 $ 0.5 $ 4.8 $ 8.9
Net Cash Proceeds And Intrinsic Value Of Options Exercised	Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Net cash proceeds $ 33.8 $ 5.7 Intrinsic value of options exercised $ 10.0 $ 2.3
Schedule Of Estimated Fair Value Of Stock Options Granted And The Assumptions Used For The Black-Scholes Option-Pricing Model	Six-Month Period Ended Nov. 24, 2024 Nov. 26, 2023 Estimated fair values of stock options granted $ 13.26 $ 17.47 Assumptions: Risk-free interest rate 4.5 % 4.0 % Expected term 8.5 years 8.5 years Expected volatility 21.6 % 21.4 % Dividend yield 3.8 % 2.8 %
Schedule Of Grant Date Fair Value Of Restricted Stock Unit Awards Activity	Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Total grant date fair $ 97.0 $ 87.4

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Nov. 24, 2024
Earnings Per Share [Abstract]
Schedule Of Basic And Diluted EPS	Quarter Ended Six-Month Period Ended In Millions, Except per Share Data Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Net earnings attributable to General Mills $ 795.7 $ 595.5 $ 1,375.6 $ 1,269.0 Average number 556.9 580.1 558.7 583.2 Incremental share effect from: (a) Stock options 1.9 1.4 1.7 2.1 Restricted stock units and performance share units 1.6 1.9 1.8 2.1 Average number 560.4 583.4 562.2 587.4 Earnings per share – basic $ 1.43 $ 1.03 $ 2.46 $ 2.18 Earnings per share – diluted $ 1.42 $ 1.02 $ 2.45 $ 2.16 Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Anti-dilutive stock options, restricted stock units, and 3.1 4.5 3.2 2.4 (a) method. Stock options, restricted they were not dilutive were as follows:
Stock Options And Restricted Units Not Dilutive	Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Anti-dilutive stock options, restricted stock units, and 3.1 4.5 3.2 2.4

Share Repurchases (Tables)

Share Repurchases (Tables)	6 Months Ended
	Nov. 24, 2024
Share Repurchases [Abstract]
Share Repurchases	Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Shares of common stock 4.2 12.4 8.7 18.8 Aggregate purchase price $ 303.0 $ 808.8 $ 605.2 $ 1,313.5

Statements Of Cash Flows (Table

Statements Of Cash Flows (Tables)	6 Months Ended
	Nov. 24, 2024
Statements Of Cash Flows [Abstract]
Consolidated Statements Of Cash Flows Supplemental Disclosures	Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Net cash interest payments $ 139.6 $ 212.2 Net income tax payments $ 252.1 $ 207.0

Retirement And Postemployment_2

Retirement And Postemployment Benefits (Tables)	6 Months Ended
	Nov. 24, 2024
Retirement And Postemployment Benefits [Abstract]
Components Of Net Periodic Benefit Expense (Income)	Defined Benefit Pension Plans Other Postretirement Benefit Plans Postemployment Benefit Plans Quarter Ended Quarter Ended Quarter Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Service cost $ 12.9 $ 14.4 $ 1.1 $ 1.2 $ 1.7 $ 1.9 Interest cost 76.7 74.1 5.3 5.4 1.0 1.0 Expected return on plan assets (105.0) (106.0) (8.9) (8.7) - - Amortization of losses (gains) 24.9 21.5 (5.1) (5.1) 0.2 (0.1) Amortization of prior service costs (credits) 0.4 0.5 (5.6) (5.5) (0.2) 0.2 Other adjustments - - - - 2.5 2.6 Curtailment gain - (3.4) - - - - Net expense (income) $ 9.9 $ 1.1 $ (13.2) $ (12.7) $ 5.2 $ 5.6 Defined Benefit Pension Plans Other Postretirement Benefit Plans Postemployment Benefit Plans Six-Month Period Ended Six-Month Period Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Service cost $ 25.9 $ 28.6 $ 2.2 $ 2.4 $ 3.5 $ 3.7 Interest cost 153.4 148.3 10.6 10.7 2.0 2.0 Expected return on plan assets (210.0) (208.9) (17.9) (17.4) - - Amortization of losses (gains) 50.0 43.0 (10.3) (10.2) 0.3 (0.1) Amortization of prior service costs (credits) 0.7 0.9 (11.1) (10.9) (0.5) 0.3 Other adjustments - - - - 5.1 5.2 Curtailment gain - (3.4) - - - - Net expense (income) $ 20.0 $ 8.5 $ (26.5) $ (25.4) $ 10.4 $ 11.1

Business Segment And Geograph_2

Business Segment And Geographic Information (Tables)	6 Months Ended
	Nov. 24, 2024
Business Segment And Geographic Information [Abstract]
Operating Segment Results	Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Net sales: North America Retail $ 3,321.5 $ 3,305.0 $ 6,338.1 $ 6,378.0 International 690.6 683.1 1,407.6 1,398.9 North America Pet 595.8 569.3 1,171.9 1,149.2 North America Foodservice 630.0 582.0 1,166.2 1,118.0 Total segment net $ 5,237.9 $ 5,139.4 $ 10,083.8 $ 10,044.1 Corporate and other 2.2 - 4.4 - Total net sales $ 5,240.1 $ 5,139.4 $ 10,088.2 $ 10,044.1 Operating profit: North America Retail $ 862.3 $ 859.9 $ 1,608.0 $ 1,658.1 International 23.8 34.6 44.7 84.6 North America Pet 139.3 102.5 258.7 213.7 North America Foodservice 118.5 95.5 190.0 154.6 Total segment operating $ 1,143.9 $ 1,092.5 $ 2,101.4 $ 2,111.0 Unallocated corporate items 64.8 157.1 188.6 244.4 Restructuring, impairment, and other exit costs 1.2 123.6 3.4 124.8 Operating profit $ 1,077.9 $ 811.8 $ 1,909.4 $ 1,741.8 Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 U.S. Meals & Baking Solutions $ 1,327.9 $ 1,343.3 $ 2,274.2 $ 2,285.2 U.S. Morning Foods 892.9 856.9 1,795.8 1,784.7 U.S. Snacks 843.1 836.3 1,753.6 1,790.8 Canada 257.6 268.5 514.5 517.3 Total $ 3,321.5 $ 3,305.0 $ 6,338.1 $ 6,378.0
Net Sales By Class Of Similar Products	Quarter Ended Six-Month Period Ended In Millions Nov. 24, 2024 Nov. 26, 2023 Nov. 24, 2024 Nov. 26, 2023 Snacks $ 1,055.0 $ 1,037.3 $ 2,161.8 $ 2,174.0 Cereal 829.5 776.9 1,622.6 1,594.8 Convenient meals 795.1 785.1 1,474.0 1,450.6 Dough 722.6 775.1 1,240.4 1,310.0 Pet 623.8 572.3 1,228.4 1,152.2 Baking mixes and ingredients 577.2 562.3 1,034.3 1,028.8 Yogurt 377.8 364.9 749.7 733.3 Super-premium ice cream 163.6 168.3 376.5 392.3 Other 95.5 97.2 200.5 208.1 Total $ 5,240.1 $ 5,139.4 $ 10,088.2 $ 10,044.1

Acquisitions And Divestitures_2

Acquisitions And Divestitures (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Nov. 24, 2024	Aug. 25, 2024	May 26, 2024
Business Acquisition [Line Items]
Goodwill	$ 14,427.7		$ 14,750.7
North American Yogurt Businesses [Member]
Business Acquisition [Line Items]
Sale price of businesses	2,100
Whitebridge Pet Brands' North American Premium Cat Feeding and Pet Treating Business [Member]
Business Acquisition [Line Items]
Expected purchase price	$ 1,400
European Pet Business [Member]
Business Acquisition [Line Items]
Purchase price			$ 434.1
Payment of acquisition amount heldback		$ 7.7
Goodwill		317.5
Indefinite-Lived Intangible Assets		118.4
Finite-Lived Intangibles		$ 14.2

Acquisitions And Divestitures_3

Acquisitions And Divestitures (Components Of Assets Held For Sale And Liabilities Held For Sale) (Details) $ in Millions	Nov. 24, 2024 USD ($)
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Inventories	$ 74.8
North American Yogurt Businesses [Member]
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Receivables	3.2
Inventories	74.8
Prepaid expenses and other current assets	20.4
Land, buildings, and equipment	283.1
Goodwill	267.6
Other intangible assets	206.2
Other assets	25.5
Assets held for sale	880.8
Accounts payable	32.5
Other current liabilities	8.5
Deferred income taxes	10
Other liabilities	14.2
Liabilities held for sale	$ 65.2

Restructuring, Impairment, an_3

Restructuring, Impairment, and Other Exit Costs (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Restructuring and Related Cost [Line Items]
Restructuring (recoveries) charges	$ 1.3	$ 131.9	$ 4.2	$ 141.7
Goodwill impairment	0	117.1	0	117.1
Restructuring charges, cash			5.1	18.6
Charges associated with restructuring actions previously announced [Member]
Restructuring and Related Cost [Line Items]
Restructuring (recoveries) charges	$ 1.3	$ 14.8	$ 4.2	$ 24.6

Restructuring, Impairment, an_4

Restructuring, Impairment, and Other Exit Costs (Restructuring And Impairment Charges) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Restructuring and Related Cost [Line Items]
Goodwill impairment	$ 0	$ 117.1	$ 0	$ 117.1
Restructuring and impairment charges	1.3	131.9	4.2	141.7
Charges associated with restructuring actions previously announced [Member]
Restructuring and Related Cost [Line Items]
Restructuring and impairment charges	$ 1.3	$ 14.8	$ 4.2	$ 24.6

Restructuring, Impairment, an_5

Restructuring, Impairment, and Other Exit Costs (Restructuring, Impairment Charges And Project-Related Costs) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Restructuring and Related Cost [Line Items]
Restructuring and impairment charges	$ 1.3	$ 131.9	$ 4.2	$ 141.7
Project-related costs classified in cost of sales	0.1	0.3	0.2	1.1
Restructuring, Impairment and Other Exit Costs [Member]
Restructuring and Related Cost [Line Items]
Restructuring and impairment charges	1.2	123.6	3.4	124.8
Cost of Sales [Member]
Restructuring and Related Cost [Line Items]
Restructuring and impairment charges	$ 0.1	$ 8.3	$ 0.8	$ 16.9

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets (Narrative) (Details) - USD ($)	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Goodwill and Intangible Assets [Line Items]
Future amortization expense, year one	$ 20,000,000		$ 20,000,000
Future amortization expense, year two	20,000,000		20,000,000
Future amortization expense, year three	20,000,000		20,000,000
Future amortization expense, year four	20,000,000		20,000,000
Future amortization expense, year five	20,000,000		20,000,000
Goodwill impairment	0	$ 117,100,000	$ 0	$ 117,100,000
Impairment of intangible assets	$ 0

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets (Components Of Goodwill And Other Intangible Assets) (Details) - USD ($) $ in Millions	Nov. 24, 2024	May 26, 2024
Goodwill And Other Intangible Assets [Abstract]
Goodwill	$ 14,427.7	$ 14,750.7
Intangible assets not subject to amortization:
Brands and other indefinite-lived intangibles	6,502.5	6,728.6
Intangible assets subject to amortization:
Customer relationships and other finite-lived intangibles	387.1	402.2
Less accumulated amortization	(146.3)	(150.9)
Intangible assets subject to amortization, net	240.8	251.3
Other intangible assets	6,743.3	6,979.9
Total	$ 21,171	$ 21,730.6

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets (Changes In Carrying Amount Of Goodwill) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023	May 26, 2024
Goodwill [Line Items]
Beginning balance			$ 14,750.7
Impairment charge	$ 0	$ (117.1)	0	$ (117.1)
Reclassified to assets held for sale			(267.6)
Other activity, primarily foreign currency translation			(55.4)
Ending balance	14,427.7		14,427.7
North America Retail Segment [Member]
Goodwill [Line Items]
Beginning balance			6,541.9
Reclassified to assets held for sale			(217.6)
Other activity, primarily foreign currency translation			(2.7)
Ending balance	6,321.6		6,321.6
North America Pet [Member]
Goodwill [Line Items]
Beginning balance			6,062.8
Reclassified to assets held for sale			0
Other activity, primarily foreign currency translation			0
Ending balance	6,062.8		6,062.8
North America Foodservice [Member]
Goodwill [Line Items]
Beginning balance			805.5
Reclassified to assets held for sale			(50)
Other activity, primarily foreign currency translation			0
Ending balance	755.5		755.5
International [Member]
Goodwill [Line Items]
Beginning balance			917.1
Reclassified to assets held for sale			0
Other activity, primarily foreign currency translation			(37)
Ending balance	880.1		880.1
Accumulated impairment losses	117.1		117.1		$ 117.1
Corporate and Joint Ventures [Member]
Goodwill [Line Items]
Beginning balance			423.4
Reclassified to assets held for sale			0
Other activity, primarily foreign currency translation			(15.7)
Ending balance	$ 407.7		$ 407.7

Goodwill and Other Intangible_6

Goodwill and Other Intangible Assets (Changes In Carrying Amount Of Other Intangible Assets) (Details) $ in Millions	6 Months Ended
	Nov. 24, 2024 USD ($)
Indefinite Lived Intangible Assets By Major Class [Line Items]
Beginning balance - carrying value	$ 6,979.9
Reclassified to assets held for sale	(206.2)
Other activity, primarily foreign currency translation and amortization	(30.4)
Ending balance - carrying value	$ 6,743.3

Inventories (Narrative) (Detail

Inventories (Narrative) (Details) $ in Millions	Nov. 24, 2024 USD ($)
Inventories [Abstract]
Inventories held for sale	$ 74.8

Inventories (Schedule Of Compon

Inventories (Schedule Of Components Of Inventories) (Details) - USD ($) $ in Millions	Nov. 24, 2024	May 26, 2024
Inventories [Abstract]
Finished goods	$ 1,986.1	$ 1,827.7
Raw materials and packaging	441.1	500.5
Grain	82.9	111.1
Excess of FIFO over LIFO cost	(542.2)	(541.1)
Total	$ 1,967.9	$ 1,898.2

Risk Management Activities (Nar

Risk Management Activities (Narrative) (Details) € in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024 USD ($)	Feb. 25, 2024 USD ($)	Nov. 24, 2024 USD ($)	Nov. 26, 2023 USD ($)	Nov. 24, 2024 EUR (€)	May 26, 2024 USD ($)
Derivative [Line Items]
Accounts payable to suppliers who utilize third party service	$ 1,555.2		$ 1,555.2			$ 1,404.4
Issuance of long-term debt			1,500	$ 500
Euro Denominated Bonds Used For Hedging [Member]
Derivative [Line Items]
Long-term debt, carrying value | €					€ 3,986.5
Fixed rate notes due November 18, 2025
Derivative [Line Items]
Issuance of long-term debt	500
Fixed rate notes due November 18, 2025 | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Notional Amount	500		500
4.7% Fixed-rate notes due January 30, 2027 [Member]
Derivative [Line Items]
Issuance of long-term debt		$ 500
Maturity date		Jan. 30, 2027
Fixed-rate notes due January 30, 2030 [Member]
Derivative [Line Items]
Issuance of long-term debt	$ 750
Maturity date	Jan. 30, 2030
Fixed-rate notes due January 30, 2030 [Member] | Interest Rate Swap [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 750		750
Fixed-rate notes due January 30, 2035 [Member]
Derivative [Line Items]
Issuance of long-term debt	$ 750
Maturity date	Jan. 30, 2035
Commodity Contracts [Member]
Derivative [Line Items]
Derivative, Notional Amount	$ 264.5		$ 264.5
Average period of utilization			12 months
Agricultural Related Derivative [Member]
Derivative [Line Items]
Derivative, Notional Amount	157.4		$ 157.4
Energy Related Derivative [Member]
Derivative [Line Items]
Derivative, Notional Amount	107.1		107.1
Treasury Lock [Member]
Derivative [Line Items]
Settled amount	350
Pre-tax hedge gain (loss) in AOCI	0.1
Level 2 [Member]
Derivative [Line Items]
Long-term debt, carrying value	$ 14,257.3		$ 14,257.3

Risk Management Activities (Sch

Risk Management Activities (Schedule Of Unallocated Corporate items) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Commodity Price Risk [Abstract]
Net gain (loss) on mark-to-market valuation of certain commodity positions	$ 3.4	$ (38.2)	$ (34.3)	$ (9.8)
Net loss on commodity positions reclassified from unallocated corporate items to segment operating profit	19.1	14.6	36.3	17.8
Net mark-to-market revaluation of certain grain inventories	6.9	(1.5)	(1.4)	11.8
Net mark-to-market valuation of certain commodity positions recognized in unallocated corporate items	$ 29.4	$ (25.1)	$ 0.6	$ 19.8

Debt (Narrative) (Details)

Debt (Narrative) (Details) € in Millions, $ in Millions	3 Months Ended							6 Months Ended
	Nov. 24, 2024 USD ($)	Nov. 24, 2024 EUR (€)	May 26, 2024 EUR (€)	Feb. 25, 2024 USD ($)	Nov. 26, 2023 USD ($)	Nov. 26, 2023 EUR (€)	Aug. 27, 2023 EUR (€)	Nov. 24, 2024 USD ($)	Nov. 24, 2024 EUR (€)	Nov. 26, 2023 USD ($)
Debt Instrument [Line Items]
Facility Amount	$ 3,400							$ 3,400
Issuance of long-term debt								1,500		$ 500
Repayment of long-term debt								$ 0		$ 400
Committed Credit Facilities [Member]
Debt Instrument [Line Items]
Minimum fixed charge coverage ratio	2.5							2.5
Line Of Credit Expiring April 2026 [Member]
Debt Instrument [Line Items]
Facility Amount	$ 2,700							$ 2,700
Line Of Credit Expiring October 2029 [Member]
Debt Instrument [Line Items]
Facility Amount	$ 2,700							2,700
Expiration date of credit facility	Oct. 09, 2029	Oct. 09, 2029
Level 2 [Member]
Debt Instrument [Line Items]
Long-term debt, fair value	$ 13,683.8							13,683.8
Long-term debt, carrying value	14,257.3							$ 14,257.3
5.241% Fixed-rate notes due November 18, 2025 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt	500
Long-Term Debt Agreements Containing Restrictive Covenants [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant Compliance								We were in compliance with all credit facility covenants as of November 24, 2024.	We were in compliance with all credit facility covenants as of November 24, 2024.
Certain Long Term Debt Agreements Containing Restrictive Covenants [Member]
Debt Instrument [Line Items]
Debt Instrument, Covenant Compliance								As of November 24, 2024, we were in compliance with all of these covenants.	As of November 24, 2024, we were in compliance with all of these covenants.
4.875% Fixed-rate notes due January 30, 2030 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt	$ 750
Fixed interest rate percentage	4.875%							4.875%
Maturity date	Jan. 30, 2030	Jan. 30, 2030
5.25% Fixed-rate notes due January 30, 2035 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt	$ 750
Fixed interest rate percentage	5.25%							5.25%
Maturity date	Jan. 30, 2035	Jan. 30, 2035
Floating-rate notes due April 22, 2026 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt | €		€ 250
Maturity date	Apr. 22, 2026	Apr. 22, 2026
Floating-rate notes due November 8, 2024 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt | €						€ 250	€ 500
Maturity date					Nov. 08, 2024	Nov. 08, 2024	Nov. 08, 2024	Nov. 08, 2024	Nov. 08, 2024
Floating-rate notes due November 8, 2024 - Repayment 1 [Member]
Debt Instrument [Line Items]
Repayment of long-term debt | €									€ 250
Floating-rate notes due November 8, 2024 - Repayment 2 [Member]
Debt Instrument [Line Items]
Repayment of long-term debt | €									500
Floating-rate notes due October 22, 2026 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt | €									€ 500
Maturity date								Oct. 22, 2026	Oct. 22, 2026
3.650% Fixed-rate notes due October 23, 2030 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt | €			€ 500
Fixed interest rate percentage			3.65%
Maturity date			Oct. 23, 2030
3.850% Fixed-rate notes due April 23, 2034 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt | €			€ 500
Fixed interest rate percentage			3.85%
Maturity date			Apr. 23, 2034
4.7% Fixed-rate notes due January 30, 2027 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt				$ 500
Fixed interest rate percentage				4.70%
Maturity date				Jan. 30, 2027
3.65% Fixed-rate notes due February 15, 2024 [Member]
Debt Instrument [Line Items]
Repayment of long-term debt				$ 500
Fixed interest rate percentage				3.65%
Maturity date				Feb. 15, 2024
Floating-rate notes due November 10, 2023 [Member]
Debt Instrument [Line Items]
Repayment of long-term debt | €						€ 250
Maturity date					Nov. 10, 2023	Nov. 10, 2023
5.5% Fixed-rate notes due October 17, 2028 [Member]
Debt Instrument [Line Items]
Issuance of long-term debt					$ 500
Fixed interest rate percentage					5.50%	5.50%				5.50%
Maturity date					Oct. 17, 2028	Oct. 17, 2028
Floating-rate notes due October 17, 2023 [Member]
Debt Instrument [Line Items]
Repayment of long-term debt					$ 400
Maturity date					Oct. 17, 2023	Oct. 17, 2023
Floating-rate notes due July 27, 2023 [Member]
Debt Instrument [Line Items]
Repayment of long-term debt | €							€ 500
Maturity date							Jul. 27, 2023

Debt (Schedule Of Components Of

Debt (Schedule Of Components Of Notes Payable) (Details) - USD ($) $ in Millions	Nov. 24, 2024	May 26, 2024
Short-term Debt [Line Items]
Notes payable	$ 264.3	$ 11.8
Weighted Average Interest Rate	4.90%	8.80%
U.S. commercial paper [Member]
Short-term Debt [Line Items]
Notes payable	$ 251.4	$ 0
Weighted Average Interest Rate	4.80%	0%
Financial Institutions [Member]
Short-term Debt [Line Items]
Notes payable	$ 12.9	$ 11.8
Weighted Average Interest Rate	6.70%	8.80%

Debt (Schedule Of Fee-Paid Comm

Debt (Schedule Of Fee-Paid Committed And Uncommitted Credit Lines) (Details) $ in Billions	3 Months Ended
	Nov. 24, 2024 USD ($)
Line of Credit Facility [Line Items]
Facility Amount	$ 3.4
Borrowed Amount	0
Line Of Credit Expiring April 2026 [Member]
Line of Credit Facility [Line Items]
Facility Amount	2.7
Line Of Credit Expiring October 2029 [Member]
Line of Credit Facility [Line Items]
Facility Amount	2.7
Borrowed Amount	$ 0
Expiration date of credit facility	Oct. 09, 2029
Uncommitted Credit Facility [Member]
Line of Credit Facility [Line Items]
Facility Amount	$ 0.7
Borrowed Amount	$ 0

Noncontrolling Interests (Narra

Noncontrolling Interests (Narrative) (Details) - USD ($) $ in Millions		6 Months Ended
	Jun. 01, 2024	Nov. 24, 2024
Noncontrolling Interest [Line Items]
Noncontrolling interests covenant compliance		Our noncontrolling interests contain restrictive covenants. As of November 24, 2024, we were in compliance with all of these covenants.
Third Party Interest Holder [Member] | General Mills Cereals LLC [Member]
Noncontrolling Interest [Line Items]
Noncontrolling Interest Holders Capital Account, General Mills Cereals, LLC		$ 251.5
Preferred distributions variable rate		three-month Term SOFR
Preferred distributions, basis spread on variable rate	2.61%
Preferred return rate adjustment period	3 years

Stockholders' Equity (Schedule

Stockholders' Equity (Schedule Of Total Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Other comprehensive income (loss), net of tax:
Foreign currency translation	$ 28.8	$ (22.3)	$ (33.1)	$ (40.4)
Other fair value changes:
Hedge derivatives	9.2	1.9	3.2	(0.4)
Reclassification to earnings:
Hedge derivatives	1.7	(2.4)	1.7	(2.2)
Amortization of losses and prior service costs	11.7	9.2	23.3	18.3
Other comprehensive income (loss), net of tax	51.4	(13.6)	(4.9)	(24.7)
Comprehensive Income:
Net earnings, including earnings attributable to noncontrolling interests	795.7	595.5	1,375.6	1,269
Net earnings attributable to noncontrolling interests	6.6	6.8	10.3	13.6
Total comprehensive income attributable to General Mills	848.4	581.6	1,371.5	1,243.9
General Mills [Member]
Other comprehensive income (loss), before tax:
Foreign currency translation	100.9	(32.4)	7	(54.4)
Other fair value changes:
Hedge derivatives	11.8	2.5	4.3	(0.2)
Reclassification to earnings:
Hedge derivatives	1.2	(3.4)	0.8	(4.7)
Amortization of losses and prior service costs	14.6	11.5	29.1	23
Other comprehensive income (loss), before tax	128.5	(21.8)	41.2	(36.3)
Other comprehensive (loss) income, tax:
Foreign currency translation	(70.8)	9.8	(39.3)	13.6
Other fair value changes:
Hedge derivatives	(2.6)	(0.6)	(1.1)	(0.2)
Reclassification to earnings:
Hedge derivatives	0.5	1	0.9	2.5
Amortization of losses and prior service costs	(2.9)	(2.3)	(5.8)	(4.7)
Other comprehensive income (loss), tax	(75.8)	7.9	(45.3)	11.2
Other comprehensive income (loss), net of tax:
Foreign currency translation	30.1	(22.6)	(32.3)	(40.8)
Other fair value changes:
Hedge derivatives	9.2	1.9	3.2	(0.4)
Reclassification to earnings:
Hedge derivatives	1.7	(2.4)	1.7	(2.2)
Amortization of losses and prior service costs	11.7	9.2	23.3	18.3
Other comprehensive income (loss), net of tax	52.7	(13.9)	(4.1)	(25.1)
Comprehensive Income:
Net earnings, including earnings attributable to noncontrolling interests	795.7	595.5	1,375.6	1,269
Total comprehensive income attributable to General Mills	848.4	581.6	1,371.5	1,243.9
Noncontrolling Interests [Member]
Other comprehensive income (loss), before tax:
Foreign currency translation			(0.8)	0.4
Other comprehensive income (loss), net of tax:
Foreign currency translation	(1.3)	0.3
Other fair value changes:
Hedge derivatives	0	0	0	0
Reclassification to earnings:
Hedge derivatives	0	0	0	0
Amortization of losses and prior service costs	0	0	0	0
Other comprehensive income (loss), net of tax	(1.3)	0.3	(0.8)	0.4
Comprehensive Income:
Total comprehensive income attributable to noncontrolling interests	$ 5.3	$ 7.1	$ 9.5	$ 14

Stockholders' Equity (Schedul_2

Stockholders' Equity (Schedule Of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	Nov. 24, 2024	May 26, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax:
Foreign currency translation adjustments	$ (827.6)	$ (795.3)
Unrealized gain from hedge derivatives	5.1	0.2
Pension, other postretirement, and postemployment benefits:
Net actuarial loss	(1,775.1)	(1,806.3)
Prior service credits	73.8	81.7
Accumulated other comprehensive loss	$ (2,523.8)	$ (2,519.7)

Stock Plans (Narrative) (Detail

Stock Plans (Narrative) (Details) $ in Millions	6 Months Ended
	Nov. 24, 2024 USD ($)
Share-based Compensation, Allocation and Classification in Financial Statements [Abstract]
Unrecognized compensation expense related to non-vested stock options, restricted stock units, and performance share units	$ 164.4
Unrecognized compensation expense on non-vested awards, weighted average period of recognition	23 months

Stock Plans (Schedule Of Compen

Stock Plans (Schedule Of Compensation Expense Related To Stock-Based Payments) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense related to stock-based payments	$ 26.3	$ 23.1	$ 46.6	$ 58.5
Windfall tax benefits from stock-based payments	$ 2	$ 0.5	$ 4.8	$ 8.9

Stock Plans (Net Cash Proceeds

Stock Plans (Net Cash Proceeds And Intrinsic Value Of Options Exercised) (Details) - USD ($) $ in Millions	6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023
Stock Plans [Abstract]
Net cash proceeds	$ 33.8	$ 5.7
Intrinsic value of options exercised	$ 10	$ 2.3

Stock Plans (Schedule Of Estima

Stock Plans (Schedule Of Estimated Fair Value Of Stock Options Granted And The Assumptions Used For The Black-Scholes Option-Pricing Model) (Details) - $ / shares	6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023
Stock Plans [Abstract]
Estimated fair values of stock options granted	$ 13.26	$ 17.47
Assumptions:
Risk-free interest rate	4.50%	4%
Expected term	8 years 6 months	8 years 6 months
Expected volatility	21.60%	21.40%
Dividend yield	3.80%	2.80%

Stock Plans (Schedule Of Grant

Stock Plans (Schedule Of Grant Date Fair Value Of Restricted Stock Unit Awards Activity) (Details) - USD ($) $ in Millions	6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023
Stock Plans [Abstract]
Total grant date fair value	$ 97	$ 87.4

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Basic And Diluted EPS And Stock Options And Restricted Units Not Dilutive) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Net earnings attributable to General Mills	$ 795.7	$ 595.5	$ 1,375.6	$ 1,269
Average number of common shares - basic EPS	556.9	580.1	558.7	583.2
Average number of common shares - diluted EPS	560.4	583.4	562.2	587.4
Earnings per share - basic	$ 1.43	$ 1.03	$ 2.46	$ 2.18
Earnings per share - diluted	$ 1.42	$ 1.02	$ 2.45	$ 2.16
Other Disclosures [Abstract]
Anti-dilutive stock options, restricted stock units, and performance share units	3.1	4.5	3.2	2.4
Stock options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Incremental share effect	1.9	1.4	1.7	2.1
Restricted stock units and performance share units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Incremental share effect	1.6	1.9	1.8	2.1

Share Repurchases (Share Repurc

Share Repurchases (Share Repurchases) (Details) - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Share Repurchases [Abstract]
Shares of common stock	4.2	12.4	8.7	18.8
Aggregate purchase price	$ 303	$ 808.8	$ 605.2	$ 1,313.5

Statements of Cash Flows (Conso

Statements of Cash Flows (Consolidated Statements of Cash Flows) (Details) - USD ($) $ in Millions	6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023
Statements Of Cash Flows [Abstract]
Net cash interest payments	$ 139.6	$ 212.2
Net income tax payments	$ 252.1	$ 207

Retirement And Postemployment_3

Retirement And Postemployment Benefits (Narrative) (Details) $ in Millions	Nov. 24, 2024 USD ($)
Retirement And Postemployment Benefits [Abstract]
Net plan assets classified as held for sale	$ 0.9

Retirement And Postemployment_4

Retirement And Postemployment Benefits (Components Of Net Periodic Benefit Expense(Income)) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Defined Benefit Pension Plans [Member]
Components of Net Periodic Benefit Cost [Abstract]
Service cost	$ 12.9	$ 14.4	$ 25.9	$ 28.6
Interest cost	76.7	74.1	153.4	148.3
Expected return on plan assets	(105)	(106)	(210)	(208.9)
Amortization of losses (gains)	24.9	21.5	50	43
Amortization of prior service costs (credits)	0.4	0.5	0.7	0.9
Other adjustments	0	0	0	0
Curtailment gain	0	(3.4)	0	(3.4)
Net expense (income)	9.9	1.1	20	8.5
Other Postretirement Benefit Plans [Member]
Components of Net Periodic Benefit Cost [Abstract]
Service cost	1.1	1.2	2.2	2.4
Interest cost	5.3	5.4	10.6	10.7
Expected return on plan assets	(8.9)	(8.7)	(17.9)	(17.4)
Amortization of losses (gains)	(5.1)	(5.1)	(10.3)	(10.2)
Amortization of prior service costs (credits)	(5.6)	(5.5)	(11.1)	(10.9)
Other adjustments	0	0	0	0
Curtailment gain	0	0	0	0
Net expense (income)	(13.2)	(12.7)	(26.5)	(25.4)
Postemployment Benefit Plans [Member]
Components of Net Periodic Benefit Cost [Abstract]
Service cost	1.7	1.9	3.5	3.7
Interest cost	1	1	2	2
Expected return on plan assets	0	0	0	0
Amortization of losses (gains)	0.2	(0.1)	0.3	(0.1)
Amortization of prior service costs (credits)	(0.2)	0.2	(0.5)	0.3
Other adjustments	2.5	2.6	5.1	5.2
Curtailment gain	0	0	0	0
Net expense (income)	$ 5.2	$ 5.6	$ 10.4	$ 11.1

Business Segment And Geograph_3

Business Segment And Geographic Information (Operating Segment Results) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Segment Reporting Information [Line Items]
Net sales	$ 5,240.1	$ 5,139.4	$ 10,088.2	$ 10,044.1
Restructuring, impairment, and other exit costs	1.2	123.6	3.4	124.8
Operating profit	1,077.9	811.8	1,909.4	1,741.8
Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	5,237.9	5,139.4	10,083.8	10,044.1
Operating profit	1,143.9	1,092.5	2,101.4	2,111
Unallocated Corporate Items [Member]
Segment Reporting Information [Line Items]
Operating profit	64.8	157.1	188.6	244.4
North America Retail [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	3,321.5	3,305	6,338.1	6,378
Operating profit	862.3	859.9	1,608	1,658.1
U.S. Meals & Baking Solutions [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	1,327.9	1,343.3	2,274.2	2,285.2
U.S. Morning Foods [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	892.9	856.9	1,795.8	1,784.7
U.S. Snacks [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	843.1	836.3	1,753.6	1,790.8
Canada [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	257.6	268.5	514.5	517.3
International [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	690.6	683.1	1,407.6	1,398.9
Operating profit	23.8	34.6	44.7	84.6
North America Pet [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	595.8	569.3	1,171.9	1,149.2
Operating profit	139.3	102.5	258.7	213.7
North America Foodservice [Member] | Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales	630	582	1,166.2	1,118
Operating profit	118.5	95.5	190	154.6
Corporate and Other [Member]
Segment Reporting Information [Line Items]
Net sales	$ 2.2	$ 0	$ 4.4	$ 0

Business Segment And Geograph_4

Business Segment And Geographic Information (Net Sales By Class Of Similar Products) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Nov. 24, 2024	Nov. 26, 2023	Nov. 24, 2024	Nov. 26, 2023
Product Information [Line Items]
Net sales	$ 5,240.1	$ 5,139.4	$ 10,088.2	$ 10,044.1
Snacks [Member]
Product Information [Line Items]
Net sales	1,055	1,037.3	2,161.8	2,174
Cereal [Member]
Product Information [Line Items]
Net sales	829.5	776.9	1,622.6	1,594.8
Convenient meals [Member]
Product Information [Line Items]
Net sales	795.1	785.1	1,474	1,450.6
Dough [Member]
Product Information [Line Items]
Net sales	722.6	775.1	1,240.4	1,310
Pet [Member]
Product Information [Line Items]
Net sales	623.8	572.3	1,228.4	1,152.2
Baking mixes and ingredients [Member]
Product Information [Line Items]
Net sales	577.2	562.3	1,034.3	1,028.8
Yogurt [Member]
Product Information [Line Items]
Net sales	377.8	364.9	749.7	733.3
Super-premium ice cream [Member]
Product Information [Line Items]
Net sales	163.6	168.3	376.5	392.3
Other [Member]
Product Information [Line Items]
Net sales	$ 95.5	$ 97.2	$ 200.5	$ 208.1

Insider Trading Arrangements (D

Insider Trading Arrangements (Details)	3 Months Ended
	Nov. 24, 2024
Insider Trading Arrangements [Line Items]
Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Terminated	false