Exhibit 11


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

                                                       Thirteen Weeks Ended
                                                       --------------------
                                                     AUGUST 25,     August 26,
                                                        2002           2001
                                                     ----------     ----------

Net Earnings                                          $    176       $    188
                                                      ========       ========

Average Number of Common Shares -
  Basic EPS (a)                                            367            285

Incremental Share Effect from:

  -Stock options (b)                                         8             10

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

Average Number of Common Shares -
  Diluted EPS                                              376            295
                                                      ========       ========

Earnings per Share - Basic                            $    .48       $    .66
                                                      ========       ========

Earnings per Share - Diluted                          $    .47       $    .64
                                                      ========       ========


Notes to Exhibit 11:

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

(b)  Incremental shares 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.