Exhibit 11

                      GENERAL MILLS, INC.
               COMPUTATION OF EARNINGS PER SHARE
             (In Millions, Except per Share Data)
                                               
                                                   Thirty-Nine Weeks Ended
                                                  February 25,  February 26,
                                                       1996         1995

Net Earnings                                          $398.9       $305.4



Computation of Shares:

 Weighted average number of shares outstanding,
  excluding shares held in treasury (a)                158.8        157.9

 Net shares resulting from the assumed exercise of
  certain stock options (b)                              3.1*         2.0*

 Total common shares and common share equivalents      161.9        159.9
                                                                 
Earnings per Share                                     $2.51        $1.93
 
Notes to Exhibit 11:

(a) Computed as the weighted average of net shares outstanding
    on stock-exchange trading days.

(b) Common share equivalents are computed by the "treasury
    stock" method.  This method first determines the number of
    shares issuable under stock options that had an option
    price below the average market price for the period, and
    then deducts the number of shares that could have been
    repurchased with the proceeds of options exercised.
     
 *  Common share equivalents are not material.  As a result,
    earnings per share have been computed using the weighted
    average number of shares outstanding of 158.8 million and
    157.9 million for the first nine months of fiscal 1996 and
    1995, respectively.