Exhibit 11


                              GENERAL MILLS, INC.
                       COMPUTATION OF EARNINGS PER SHARE
                     (In Millions, Except per Share Data)


                                                     Thirteen Weeks Ended 
                                                    August 30,  August 24,
                                                      1998        1997  

Net Earnings                                        $145.0       $134.3


Average Number of Common Shares - Basic EPS (a)      154.1        159.7

Incremental Share Effect from:

   -Stock options (b)                                  3.2          3.9

   -Restricted stock, stock rights and puts             .1           .1

Average Number of Common Shares - Diluted EPS        157.4        163.7

Earnings per Share - Basic                          $  .94        $ .84

Earnings per Share - Assuming Dilution              $  .92        $ .82




Notes to Exhibit 11:

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

(b) Common share equivalents from stock options 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.