2011 Q2 Form 10-K Financial Statement

#000095012311064606 Filed on July 08, 2011

View on sec.gov

Income Statement

Concept 2011 Q2 2011 2010 Q2
Revenue $3.634B $14.88B $3.529B
YoY Change 2.98% 1.67% -3.2%
Cost Of Revenue $2.270B $8.927B $2.258B
YoY Change 0.53% 1.03% 7.46%
Gross Profit $1.364B $5.954B $1.271B
YoY Change 7.32% 2.64% -17.69%
Gross Profit Margin 37.54% 40.01% 36.02%
Selling, General & Admin $828.8M $3.192B $797.4M
YoY Change 3.94% 0.93% -5.04%
% of Gross Profit 60.74% 53.62% 62.72%
Research & Development $235.0M
YoY Change 7.65%
% of Gross Profit 3.95%
Depreciation & Amortization $118.1M $472.6M $116.8M
YoY Change 1.11% 3.39% -2.67%
% of Gross Profit 8.66% 7.94% 9.19%
Operating Expenses $828.8M $3.427B $797.4M
YoY Change 3.94% 1.36% -5.04%
Operating Profit $535.6M $2.775B $473.9M
YoY Change 13.02% 6.46% -32.77%
Interest Expense -$89.40M $346.3M -$86.90M
YoY Change 2.88% -13.77% -14.13%
% of Operating Profit -16.69% 12.48% -18.34%
Other Income/Expense, Net
YoY Change
Pretax Income $447.0M $2.145B $345.9M
YoY Change 29.23% 4.1% -34.81%
Income Tax $155.7M $721.1M $148.5M
% Of Pretax Income 34.83% 33.62% 42.93%
Net Earnings $320.2M $1.798B $211.9M
YoY Change 51.11% 17.5% -40.94%
Net Earnings / Revenue 8.81% 12.09% 6.0%
Basic Earnings Per Share $0.50 $2.80 $0.32
Diluted Earnings Per Share $0.48 $2.70 $0.31
COMMON SHARES
Basic Shares Outstanding 642.7M shares 651.2M shares
Diluted Shares Outstanding 664.8M shares

Balance Sheet

Concept 2011 Q2 2011 2010 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $620.0M $620.0M $673.0M
YoY Change -7.88% -7.88% -10.27%
Cash & Equivalents $619.6M $620.0M $673.2M
Short-Term Investments
Other Short-Term Assets $483.5M $377.0M $378.5M
YoY Change 27.74% 47.84% -19.35%
Inventory $1.609B $1.609B $1.344B
Prepaid Expenses $161.0M $127.5M
Receivables $1.162B $1.162B $1.042B
Other Receivables $0.00 $134.0M $0.00
Total Short-Term Assets $3.902B $3.902B $3.480B
YoY Change 12.13% 12.13% -1.55%
LONG-TERM ASSETS
Property, Plant & Equipment $3.346B $3.346B $3.128B
YoY Change 6.98% 6.97% 3.06%
Goodwill $6.751B $6.593B
YoY Change 2.4% -1.05%
Intangibles $3.813B $3.715B
YoY Change 2.65% -0.85%
Long-Term Investments $519.1M $519.0M $398.1M
YoY Change 30.39% 30.4%
Other Assets $862.5M $343.0M $763.4M
YoY Change 12.98% -6.03% -14.7%
Total Long-Term Assets $14.77B $14.77B $14.20B
YoY Change 4.04% 4.04% -0.98%
TOTAL ASSETS
Total Short-Term Assets $3.902B $3.902B $3.480B
Total Long-Term Assets $14.77B $14.77B $14.20B
Total Assets $18.67B $18.68B $17.68B
YoY Change 5.63% 5.63% -1.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $995.1M $995.0M $849.5M
YoY Change 17.14% 17.06% 5.74%
Accrued Expenses $997.0M
YoY Change -33.04%
Deferred Revenue
YoY Change
Short-Term Debt $311.3M $311.0M $1.050B
YoY Change -70.36% -70.38% 29.29%
Long-Term Debt Due $1.031B $1.031B $107.0M
YoY Change 863.83% 863.55% -78.98%
Total Short-Term Liabilities $3.659B $3.659B $3.769B
YoY Change -2.92% -2.92% 4.52%
LONG-TERM LIABILITIES
Long-Term Debt $5.543B $5.543B $5.269B
YoY Change 5.19% 5.2% -8.44%
Other Long-Term Liabilities $1.733B $1.733B $2.119B
YoY Change -18.2% -18.22% 9.65%
Total Long-Term Liabilities $7.276B $7.276B $2.119B
YoY Change 243.4% -1.52% 9.65%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.659B $3.659B $3.769B
Total Long-Term Liabilities $7.276B $7.276B $2.119B
Total Liabilities $12.06B $12.31B $12.03B
YoY Change 0.26% 0.27% -3.43%
SHAREHOLDERS EQUITY
Retained Earnings $9.191B $8.122B
YoY Change 13.16% 12.26%
Common Stock $1.395B $1.383B
YoY Change 0.92% 7.38%
Preferred Stock
YoY Change
Treasury Stock (at cost) $3.210B $2.615B
YoY Change 22.76% 5.75%
Treasury Stock Shares 109.8M shares 98.10M shares
Shareholders Equity $6.366B $6.366B $5.403B
YoY Change
Total Liabilities & Shareholders Equity $18.67B $18.68B $17.68B
YoY Change 5.63% 5.63% -1.1%

Cashflow Statement

Concept 2011 Q2 2011 2010 Q2
OPERATING ACTIVITIES
Net Income $320.2M $1.798B $211.9M
YoY Change 51.11% 17.5% -40.94%
Depreciation, Depletion And Amortization $118.1M $472.6M $116.8M
YoY Change 1.11% 3.39% -2.67%
Cash From Operating Activities $283.0M $1.531B $623.0M
YoY Change -54.57% -29.8% -10.78%
INVESTING ACTIVITIES
Capital Expenditures -$225.4M $648.8M -$231.0M
YoY Change -2.42% -0.17% 9.22%
Acquisitions $123.3M
YoY Change
Other Investing Activities -$22.80M -$20.30M -$5.500M
YoY Change 314.55% -60.96% -106.97%
Cash From Investing Activities -$248.2M -$715.1M -$236.5M
YoY Change 4.95% -0.85% 78.36%
FINANCING ACTIVITIES
Cash Dividend Paid $729.4M
YoY Change 13.31%
Common Stock Issuance & Retirement, Net $1.164B
YoY Change 68.18%
Debt Paid & Issued, Net $7.400M
YoY Change -99.18%
Cash From Financing Activities 31.10M -$940.9M -369.4M
YoY Change -108.42% -37.43% -54.87%
NET CHANGE
Cash From Operating Activities 283.0M $1.531B 623.0M
Cash From Investing Activities -248.2M -$715.1M -236.5M
Cash From Financing Activities 31.10M -$940.9M -369.4M
Net Change In Cash 65.90M -$124.9M 17.10M
YoY Change 285.38% 185.16% -106.76%
FREE CASH FLOW
Cash From Operating Activities $283.0M $1.531B $623.0M
Capital Expenditures -$225.4M $648.8M -$231.0M
Free Cash Flow $508.4M $882.3M $854.0M
YoY Change -40.47% -42.38% -6.13%

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<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">NOTE </font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">3</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">.</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;"> A</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;">CQUISITIONS AND DIVESTITURES</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During the third quarter of fiscal 2011</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> we acquired the Mountain High yog</font><font style="font-family:Times New Roman;font-size:10pt;">h</font><font style="font-family:Times New Roman;font-size:10pt;">urt business for $</font><font style="font-family:Times New Roman;font-size:10pt;">84</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;">8</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">million. We recorded the purchase price less</font><font style="font-family:Times New Roman;font-size:10pt;"> the fair value of</font><font style="font-family:Times New Roman;font-size:10pt;"> tangible and intangible net assets acquired as goodwill of $44.6 million</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">During the fourth quarter of fiscal 2011, we acquired</font><font style="font-family:Times New Roman;font-size:10pt;"> the</font><font style="font-family:Times New Roman;font-size:10pt;"> Pasta Master meals </font><font style="font-family:Times New Roman;font-size:10pt;">business in Australia </font><font style="font-family:Times New Roman;font-size:10pt;">for $</font><font style="font-family:Times New Roman;font-size:10pt;">38.5</font><font style="font-family:Times New Roman;font-size:10pt;"> million. We recorded the purchase price less the fair value of tangible and intangible net assets acquired as goodwill of $</font><font style="font-family:Times New Roman;font-size:10pt;">26.9</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">million.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">The pro forma effect</font><font style="font-family:Times New Roman;font-size:10pt;">s of these</font><font style="font-family:Times New Roman;font-size:10pt;"> acquisition</font><font style="font-family:Times New Roman;font-size:10pt;">s were</font><font style="font-family:Times New Roman;font-size:10pt;"> not material.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;"> </font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During the third quarter of fiscal 2011, we sold </font><font style="font-family:Times New Roman;font-size:10pt;">a foodservice frozen baked goods product line </font><font style="font-family:Times New Roman;font-size:10pt;">in our International segment for </font><font style="font-family:Times New Roman;font-size:10pt;">$</font><font style="font-family:Times New Roman;font-size:10pt;">24.9 </font><font style="font-family:Times New Roman;font-size:10pt;">million in cash and </font><font style="font-family:Times New Roman;font-size:10pt;">recorded a pre-tax gain of $</font><font style="font-family:Times New Roman;font-size:10pt;">14.3 </font><font style="font-family:Times New Roman;font-size:10pt;">million. </font><font style="font-family:Times New Roman;font-size:10pt;">In addition</font><font style="font-family:Times New Roman;font-size:10pt;">, during the fourth quarter of fiscal 2011, we sold a </font><font style="font-family:Times New Roman;font-size:10pt;">pie shell </font><font style="font-family:Times New Roman;font-size:10pt;">product</font><font style="font-family:Times New Roman;font-size:10pt;"> line</font><font style="font-family:Times New Roman;font-size:10pt;"> in our Bakeries</font><font style="font-family:Times New Roman;font-size:10pt;"> and Foodservice segment for </font><font style="font-family:Times New Roman;font-size:10pt;">cash proceeds of $</font><font style="font-family:Times New Roman;font-size:10pt;">9.</font><font style="font-family:Times New Roman;font-size:10pt;">5</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">million</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">recorded a pre-tax gain of $</font><font style="font-family:Times New Roman;font-size:10pt;">3.</font><font style="font-family:Times New Roman;font-size:10pt;">1</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">million.</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p><p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">During the fourth quarter </font><font style="font-family:Times New Roman;font-size:10pt;">of fiscal 2011, we entered into </font><font style="font-family:Times New Roman;font-size:10pt;">definitive agreements</font><font style="font-family:Times New Roman;font-size:10pt;"> with PAI Part</font><font style="font-family:Times New Roman;font-size:10pt;">ners and Sodiaal</font><font style="font-family:Times New Roman;font-size:10pt;"> International</font><font style="font-family:Times New Roman;font-size:10pt;"> to purchase a </font><font style="font-family:Times New Roman;font-size:10pt;">51</font><font style="font-family:Times New Roman;font-size:10pt;"> percent </font><font style="font-family:Times New Roman;font-size:10pt;">controlling interest in Yoplait S.A.S.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">and a </font><font style="font-family:Times New Roman;font-size:10pt;">50</font><font style="font-family:Times New Roman;font-size:10pt;"> percent interest in Yoplait Marques S.A.S.</font><font style="font-family:Times New Roman;font-size:10pt;"> for an aggregate purchase price of $</font><font style="font-family:Times New Roman;font-size:10pt;">1.2 </font><font style="font-family:Times New Roman;font-size:10pt;">billion. Yoplait S.A.S.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">operates</font><font style="font-family:Times New Roman;font-size:10pt;"> yogurt businesses in several countries</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> including France and the United Kingdom</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> and oversees franchise relationships </font><font style="font-family:Times New Roman;font-size:10pt;">around the world. Yoplait Marques S.A.S.</font><font style="font-family:Times New Roman;font-size:10pt;"> holds the worldwide rights to </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Yoplait</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">and related trademarks</font><font style="font-family:Times New Roman;font-size:10pt;">. </font><font style="font-family:Times New Roman;font-size:10pt;">We </font><font style="font-family:Times New Roman;font-size:10pt;">finalized this</font><font style="font-family:Times New Roman;font-size:10pt;"> transaction on July 1, 2011</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">The pro forma effect</font><font style="font-family:Times New Roman;font-size:10pt;">s of this</font><font style="font-family:Times New Roman;font-size:10pt;"> acquisition</font><font style="font-family:Times New Roman;font-size:10pt;"> were</font><font style="font-family:Times New Roman;font-size:10pt;"> not material.</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">There were no acquisitions or divestitures in fiscal 2010.</font></p><p style='margin-top: 0pt; margin-bottom: 0pt;'></p><p style='margin-top:12pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;margin-left:0px;">In</font><font style="font-family:Times New Roman;font-size:10pt;"> fiscal 2009, we sold our bread concentrates product line within our Bakeries and Foodservice segment, including a plant in Cedar Rapids, Iowa, for $</font><font style="font-family:Times New Roman;font-size:10pt;">8.3 </font><font style="font-family:Times New Roman;font-size:10pt;">million in cash. We recorded a pre-tax loss of $5.6 million on the transaction.</font><font style="font-family:Times New Roman;font-size:10pt;"> We also </font><font style="font-family:Times New Roman;font-size:10pt;">sold a portion of the assets of the frozen unbaked bread dough product line within our Bakeries and Foodservice segment, including plants in Bakersfield, California; Hazleton, Pennsylvania; Montreal, Canada; and Vinita, Oklahoma, for $</font><font style="font-family:Times New Roman;font-size:10pt;">43.9 </font><font style="font-family:Times New Roman;font-size:10pt;">million in cash, an $</font><font style="font-family:Times New Roman;font-size:10pt;">11.9 </font><font style="font-family:Times New Roman;font-size:10pt;">million note receivable, and contingent future payments based on the post-sale performance of the product line. Certain assets sold were shared with a frozen dinner roll product line within our U.S. Retail segment, and we exited this product line as a result of the asset sale. We recorded a pre-tax loss of $38.3 million. </font><font style="font-family:Times New Roman;font-size:10pt;">In fiscal 2010, we recorded cash proceeds of $</font><font style="font-family:Times New Roman;font-size:10pt;">3.2 </font><font style="font-family:Times New Roman;font-size:10pt;">million relate</font><font style="font-family:Times New Roman;font-size:10pt;">d to the repayment of the note. </font><font style="font-family:Times New Roman;font-size:10pt;">In fiscal 2009, we </font><font style="font-family:Times New Roman;font-size:10pt;">sold our </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Pop</font><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;font-style:italic;">&#8226;</font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">Secret </font><font style="font-family:Times New Roman;font-size:10pt;">microwave popcorn product line from our U.S. Retail segment </font><font style="font-family:Times New Roman;font-size:10pt;">for $</font><font style="font-family:Times New Roman;font-size:10pt;">192.5</font><font style="font-family:Times New Roman;font-size:10pt;"> million in cash, and we recorded a pre-tax gain of $</font><font style="font-family:Times New Roman;font-size:10pt;">128.8 </font><font style="font-family:Times New Roman;font-size:10pt;">million. We received cash proceeds of $</font><font style="font-family:Times New Roman;font-size:10pt;">158.9 </font><font style="font-family:Times New Roman;font-size:10pt;">million after repayment of a lease obligation and transaction costs.</font><font style="font-family:Times New Roman;font-size:10pt;"> In fiscal 2009, w</font><font style="font-family:Times New Roman;font-size:10pt;">e </font><font style="font-family:Times New Roman;font-size:10pt;">also </font><font style="font-family:Times New Roman;font-size:10pt;">acquired Humm Foods, Inc. (Humm Foods), the maker of </font><font style="font-family:Times New Roman;font-size:10pt;font-style:italic;">L&#228;rabar </font><font style="font-family:Times New Roman;font-size:10pt;">fruit </font><font style="font-family:Times New Roman;font-size:10pt;">and nut energy bars. We issued </font><font style="font-family:Times New Roman;font-size:10pt;">1</font><font style="font-family:Times New Roman;font-size:10pt;">.</font><font style="font-family:Times New Roman;font-size:10pt;">8</font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">million shares of our common stock with a value of $</font><font style="font-family:Times New Roman;font-size:10pt;">55.0 </font><font style="font-family:Times New Roman;font-size:10pt;">million to the shareholders of Humm Foods as consideration for the acquisition. We recorded the purchase price less tangible and intangible net assets acquired as goodwill of $</font><font style="font-family:Times New Roman;font-size:10pt;">41.6 </font><font style="font-family:Times New Roman;font-size:10pt;">million. The pro forma effect of this acquisition was not material.</font></p><p style='margin-top:0pt; margin-bottom:0pt'>&#160;</p>
CY2011 gis Future Payments To Acquire Businesses Gross
FuturePaymentsToAcquireBusinessesGross
1200000000 USD
CY2011 us-gaap Payments For Restructuring
PaymentsForRestructuring
5900000 USD
CY2010 us-gaap Payments For Restructuring
PaymentsForRestructuring
8000000 USD
CY2008Q2 us-gaap Restructuring Reserve
RestructuringReserve
7900000 USD
CY2009 us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
4900000 USD
CY2009Q2 us-gaap Restructuring Reserve
RestructuringReserve
18800000 USD
CY2010 us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
9000000 USD
CY2010Q2 us-gaap Restructuring Reserve
RestructuringReserve
10800000 USD
CY2011 us-gaap Restructuring Reserve Settled With Cash
RestructuringReserveSettledWithCash
3600000 USD
CY2011Q2 us-gaap Restructuring Reserve
RestructuringReserve
7200000 USD
CY2009 us-gaap Restructuring Reserve Period Expense
RestructuringReservePeriodExpense
15800000 USD
CY2010 us-gaap Restructuring Reserve Period Expense
RestructuringReservePeriodExpense
1000000 USD
CY2011 us-gaap Restructuring Reserve Period Expense
RestructuringReservePeriodExpense
0 USD
CY2010Q2 gis Goodwill And Intangible Assets Equity Method Investments
GoodwillAndIntangibleAssetsEquityMethodInvestments
512600000 USD
CY2011Q2 us-gaap Advances To Affiliate
AdvancesToAffiliate
293300000 USD
CY2010Q2 us-gaap Advances To Affiliate
AdvancesToAffiliate
238200000 USD
CY2011 us-gaap Related Party Transaction Revenues From Transactions With Related Party
RelatedPartyTransactionRevenuesFromTransactionsWithRelatedParty
10200000 USD
CY2011Q2 gis Net Advances To Repayments From Joint Ventures
NetAdvancesToRepaymentsFromJointVentures
1800000 USD
CY2010 us-gaap Related Party Transaction Revenues From Transactions With Related Party
RelatedPartyTransactionRevenuesFromTransactionsWithRelatedParty
10700000 USD
CY2010Q2 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
731700000 USD
CY2010Q2 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
907300000 USD
CY2010Q2 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
1322000000 USD
CY2011Q2 us-gaap Equity Method Investments
EquityMethodInvestments
519100000 USD
CY2010Q2 us-gaap Equity Method Investments
EquityMethodInvestments
398100000 USD
CY2011Q2 gis Goodwill And Intangible Assets Equity Method Investments
GoodwillAndIntangibleAssetsEquityMethodInvestments
597100000 USD
CY2011 gis Equity Method Investment Activity At100 Percent
EquityMethodInvestmentActivityAt100Percent
Summary combined financial information for the joint ventures on a 100 percent basis follows:
CY2011 us-gaap Equity Method Investment Summarized Financial Information Net Sales Or Gross Revenue
EquityMethodInvestmentSummarizedFinancialInformationNetSalesOrGrossRevenue
2444900000 USD
CY2011 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
1066300000 USD
CY2011 gis Equity Method Investments Summarized Financial Information Income Loss From Continuing Operations Before Income Taxes
EquityMethodInvestmentsSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeIncomeTaxes
233400000 USD
CY2011 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
164200000 USD
CY2010 us-gaap Equity Method Investment Summarized Financial Information Net Sales Or Gross Revenue
EquityMethodInvestmentSummarizedFinancialInformationNetSalesOrGrossRevenue
2360000000 USD
CY2010 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
1053200000 USD
CY2010 gis Equity Method Investments Summarized Financial Information Income Loss From Continuing Operations Before Income Taxes
EquityMethodInvestmentsSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeIncomeTaxes
251200000 USD
CY2010 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
202300000 USD
CY2009 us-gaap Equity Method Investment Summarized Financial Information Net Sales Or Gross Revenue
EquityMethodInvestmentSummarizedFinancialInformationNetSalesOrGrossRevenue
2280000000 USD
CY2009 us-gaap Equity Method Investment Summarized Financial Information Gross Profit Loss
EquityMethodInvestmentSummarizedFinancialInformationGrossProfitLoss
873500000 USD
CY2009 gis Equity Method Investments Summarized Financial Information Income Loss From Continuing Operations Before Income Taxes
EquityMethodInvestmentsSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeIncomeTaxes
234700000 USD
CY2009 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
175300000 USD
CY2011Q2 us-gaap Equity Method Investment Summarized Financial Information Current Assets
EquityMethodInvestmentSummarizedFinancialInformationCurrentAssets
904700000 USD
CY2011Q2 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Assets
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentAssets
1138000000 USD
CY2011Q2 us-gaap Equity Method Investment Summarized Financial Information Current Liabilities
EquityMethodInvestmentSummarizedFinancialInformationCurrentLiabilities
1690100000 USD
CY2011Q2 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
103300000 USD
CY2010Q2 us-gaap Equity Method Investment Summarized Financial Information Noncurrent Liabilities
EquityMethodInvestmentSummarizedFinancialInformationNoncurrentLiabilities
112100000 USD
CY2011Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
27600000 USD
CY2010Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19000000 USD
CY2011Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
41600000 USD
CY2010Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
35400000 USD
CY2011Q2 gis Total Goodwill And Other Intangible Assets1
TotalGoodwillAndOtherIntangibleAssets1
10564100000 USD
CY2010Q2 gis Total Goodwill And Other Intangible Assets1
TotalGoodwillAndOtherIntangibleAssets1
10307800000 USD
CY2011Q2 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3771700000 USD
CY2010Q2 us-gaap Indefinite Lived Trade Names
IndefiniteLivedTradeNames
3679600000 USD
CY2011Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
69200000 USD
CY2010Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
54400000 USD
CY2008Q2 us-gaap Goodwill
Goodwill
6786100000 USD
CY2009 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
41600000 USD
CY2011 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
71500000 USD
CY2009 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
41600000 USD
CY2011 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
2400000 USD
CY2009 gis Goodwill Deferred Tax Adjustment From Divestitures1
GoodwillDeferredTaxAdjustmentFromDivestitures1
63800000 USD
CY2009 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
78400000 USD
CY2010 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
70200000 USD
CY2011 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
88900000 USD
CY2009 gis Goodwill Deferred Tax Adjustment From Aquisition
GoodwillDeferredTaxAdjustmentFromAquisition
19100000 USD
CY2009Q2 us-gaap Goodwill
Goodwill
6663000000 USD
CY2008Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3777200000 USD
CY2009 us-gaap Indefinite Lived Intangible Assets Translation And Purchase Accounting Adjustments
IndefiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments
49600000 USD
CY2010 us-gaap Indefinite Lived Intangible Assets Translation And Purchase Accounting Adjustments
IndefiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments
32000000 USD
CY2009Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3747000000 USD
CY2011 us-gaap Indefinite Lived Intangible Assets Translation And Purchase Accounting Adjustments
IndefiniteLivedIntangibleAssetsTranslationAndPurchaseAccountingAdjustments
-53000000 USD
CY2009 us-gaap Indefinite Lived Intangible Assets Acquired During Period
IndefiniteLivedIntangibleAssetsAcquiredDuringPeriod
19400000 USD
CY2011 us-gaap Indefinite Lived Intangible Assets Acquired During Period
IndefiniteLivedIntangibleAssetsAcquiredDuringPeriod
45300000 USD
CY2011Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
10900000 USD
CY2010Q2 us-gaap Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
17900000 USD
CY2011Q2 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
15000000 USD
CY2010Q2 us-gaap Available For Sale Securities Fair Value Disclosure
AvailableForSaleSecuritiesFairValueDisclosure
27400000 USD
CY2011 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
4100000 USD
CY2010 us-gaap Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
9500000 USD
CY2011 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
0 USD
CY2010 us-gaap Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
0 USD
CY2011Q2 us-gaap Financial Instruments Owned And Pledged As Collateral At Fair Value
FinancialInstrumentsOwnedAndPledgedAsCollateralAtFairValue
2300000 USD
CY2011 us-gaap Gain Loss On Price Risk Derivatives Net
GainLossOnPriceRiskDerivativesNet
160300000 USD
CY2010 us-gaap Gain Loss On Price Risk Derivatives Net
GainLossOnPriceRiskDerivativesNet
-54700000 USD
CY2009 us-gaap Gain Loss On Price Risk Derivatives Net
GainLossOnPriceRiskDerivativesNet
-249600000 USD
CY2011Q2 gis Net Loss Gain On Commodity Positions Reclassified From Unallocated Corporate Items To Segment Operating Profit
NetLossGainOnCommodityPositionsReclassifiedFromUnallocatedCorporateItemsToSegmentOperatingProfit
-93600000 USD
CY2010Q2 gis Net Loss Gain On Commodity Positions Reclassified From Unallocated Corporate Items To Segment Operating Profit
NetLossGainOnCommodityPositionsReclassifiedFromUnallocatedCorporateItemsToSegmentOperatingProfit
55700000 USD
CY2009Q2 gis Net Loss Gain On Commodity Positions Reclassified From Unallocated Corporate Items To Segment Operating Profit
NetLossGainOnCommodityPositionsReclassifiedFromUnallocatedCorporateItemsToSegmentOperatingProfit
134800000 USD
CY2011 us-gaap Increase Decrease In Fair Value Of Hedged Item In Price Risk Fair Value Hedge
IncreaseDecreaseInFairValueOfHedgedItemInPriceRiskFairValueHedge
28500000 USD
CY2010 us-gaap Increase Decrease In Fair Value Of Hedged Item In Price Risk Fair Value Hedge
IncreaseDecreaseInFairValueOfHedgedItemInPriceRiskFairValueHedge
-8100000 USD
CY2009 us-gaap Increase Decrease In Fair Value Of Hedged Item In Price Risk Fair Value Hedge
IncreaseDecreaseInFairValueOfHedgedItemInPriceRiskFairValueHedge
-4100000 USD
CY2011Q2 gis Net Marktomarket Valuation Of Certain Commodity Positions Recognized In Unallocated Corporate Items
NetMarktomarketValuationOfCertainCommodityPositionsRecognizedInUnallocatedCorporateItems
95200000 USD
CY2010Q2 gis Net Marktomarket Valuation Of Certain Commodity Positions Recognized In Unallocated Corporate Items
NetMarktomarketValuationOfCertainCommodityPositionsRecognizedInUnallocatedCorporateItems
-7100000 USD
CY2009Q2 gis Net Marktomarket Valuation Of Certain Commodity Positions Recognized In Unallocated Corporate Items
NetMarktomarketValuationOfCertainCommodityPositionsRecognizedInUnallocatedCorporateItems
-118900000 USD
CY2011Q2 gis Derivative Contacts Inputs Average Period Of Utilization
DerivativeContactsInputsAveragePeriodOfUtilization
These contracts relate to inputs that generally will be utilized within the next 12 months.
CY2011 us-gaap Interest Rate Cash Flow Hedge Ineffectiveness Is Immaterial
InterestRateCashFlowHedgeIneffectivenessIsImmaterial
The amount of hedge ineffectiveness was less than $1 million in each of fiscal 2011, 2010 and 2009.
CY2011 us-gaap Ineffectiveness On Interest Rate Fair Value Hedges Is Immaterial
IneffectivenessOnInterestRateFairValueHedgesIsImmaterial
The amount of hedge ineffectiveness was less than $1 million in each of fiscal 2011, 2010 and 2009.
CY2011Q2 gis Notional Amount Of Cash Settled Pay Fixed Swaps
NotionalAmountOfCashSettledPayFixedSwaps
1600000000 USD
CY2011Q2 gis Notional Amount Of Cash Settled Pay Floating Swaps
NotionalAmountOfCashSettledPayFloatingSwaps
1600000000 USD
CY2011Q2 gis Derivative Average Fixed Interest Rate Receive
DerivativeAverageFixedInterestRateReceive
0.018 pure
CY2011Q2 gis Derivative Average Variable Interest Rate Pay
DerivativeAverageVariableInterestRatePay
0.002 pure
CY2011 gis Derivative Average Variable Rate Receive
DerivativeAverageVariableRateReceive
0 pure
CY2011 gis Derivative Average Fixed Interest Rate Pay
DerivativeAverageFixedInterestRatePay
0 pure
CY2010Q2 gis Derivative Average Fixed Interest Rate Receive
DerivativeAverageFixedInterestRateReceive
0.048 pure
CY2010Q2 gis Derivative Average Variable Interest Rate Pay
DerivativeAverageVariableInterestRatePay
0.003 pure
CY2010 gis Derivative Average Variable Rate Receive
DerivativeAverageVariableRateReceive
0.003 pure
CY2010 gis Derivative Average Fixed Interest Rate Pay
DerivativeAverageFixedInterestRatePay
0.073 pure
CY2011Q2 gis Notional Amount Of Pay Floating Swaps
NotionalAmountOfPayFloatingSwaps
838000000 USD
CY2010Q2 gis Notional Amount Of Pay Floating Swaps
NotionalAmountOfPayFloatingSwaps
2155600000 USD
CY2011Q2 gis Notional Amount Of Pay Fixed Swaps
NotionalAmountOfPayFixedSwaps
0 USD
CY2010Q2 gis Notional Amount Of Pay Fixed Swaps
NotionalAmountOfPayFixedSwaps
1600000000 USD
CY2011Q2 us-gaap Notional Amount Of Foreign Currency Derivatives
NotionalAmountOfForeignCurrencyDerivatives
2436500000 USD
CY2011Q2 us-gaap Derivative Asset Designated As Hedging Instrument Fair Value
DerivativeAssetDesignatedAsHedgingInstrumentFairValue
21300000 USD
CY2011Q2 us-gaap Derivative Asset Not Designated As Hedging Instrument Fair Value
DerivativeAssetNotDesignatedAsHedgingInstrumentFairValue
151300000 USD
CY2011Q2 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
15000000 USD
CY2011Q2 gis Total Assets Fair Value Disclosure
TotalAssetsFairValueDisclosure
187600000 USD
CY2011Q2 us-gaap Derivative Liability Designated As Hedging Instrument Fair Value
DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue
-36200000 USD
CY2011Q2 us-gaap Derivative Liability Not Designated As Hedging Instrument Fair Value
DerivativeLiabilityNotDesignatedAsHedgingInstrumentFairValue
-49800000 USD
CY2011Q2 gis Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
0 USD
CY2011Q2 gis Total Liabilities Fair Value Disclosure
TotalLiabilitiesFairValueDisclosure
-86000000 USD
CY2010Q2 us-gaap Derivative Asset Designated As Hedging Instrument Fair Value
DerivativeAssetDesignatedAsHedgingInstrumentFairValue
14400000 USD
CY2010Q2 us-gaap Derivative Liability Designated As Hedging Instrument Fair Value
DerivativeLiabilityDesignatedAsHedgingInstrumentFairValue
-29600000 USD
CY2010Q2 us-gaap Derivative Asset Not Designated As Hedging Instrument Fair Value
DerivativeAssetNotDesignatedAsHedgingInstrumentFairValue
153100000 USD
CY2010Q2 us-gaap Derivative Liability Not Designated As Hedging Instrument Fair Value
DerivativeLiabilityNotDesignatedAsHedgingInstrumentFairValue
-182700000 USD
CY2010Q2 gis Other Liabilities Fair Value Disclosure
OtherLiabilitiesFairValueDisclosure
0 USD
CY2010Q2 gis Total Liabilities Fair Value Disclosure
TotalLiabilitiesFairValueDisclosure
-212300000 USD
CY2010Q2 us-gaap Other Assets Fair Value Disclosure
OtherAssetsFairValueDisclosure
27800000 USD
CY2010Q2 gis Total Assets Fair Value Disclosure
TotalAssetsFairValueDisclosure
195300000 USD
CY2010 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
6600000 USD
CY2010Q2 us-gaap Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
400000 USD
CY2010Q2 us-gaap Assets Held For Sale Property Plant And Equipment
AssetsHeldForSalePropertyPlantAndEquipment
7000000 USD
CY2011Q2 us-gaap Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
7164500000 USD
CY2011Q2 gis Deferred Net Foreign Currency Transaction Gains Losses Aftertax Accumulated Other Comprehensive Income
DeferredNetForeignCurrencyTransactionGainsLossesAftertaxAccumulatedOtherComprehensiveIncome
-95700000 USD
CY2011 us-gaap Foreign Currency Cash Flow Hedge Ineffectiveness Is Immaterial
ForeignCurrencyCashFlowHedgeIneffectivenessIsImmaterial
&#160;0.3
CY2011Q2 gis Unrealized Gain Loss On Foreign Currency Derivatives Net After Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetAfterTax
5800000 USD
CY2011Q2 gis Unrealized Gain Loss On Interest Rate Cash Flow Hedges After Tax Accumulated Other Comprehensive Income
UnrealizedGainLossOnInterestRateCashFlowHedgesAfterTaxAccumulatedOtherComprehensiveIncome
30000000 USD
CY2011Q2 us-gaap Long Term Debt
LongTermDebt
6573800000 USD
CY2011Q2 gis Notional Amount Of Price Risk Derivatives Agricultural
NotionalAmountOfPriceRiskDerivativesAgricultural
160700000 USD
CY2011Q2 gis Notional Amount Of Price Risk Derivatives Energy
NotionalAmountOfPriceRiskDerivativesEnergy
186800000 USD
CY2011Q2 us-gaap Notional Amount Of Price Risk Derivatives
NotionalAmountOfPriceRiskDerivatives
347500000 USD
CY2011Q2 gis Hedge Gain Loss To Be Reclassified During Next Twelve Months Net
HedgeGainLossToBeReclassifiedDuringNextTwelveMonthsNet
11700000 USD
CY2011Q2 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
6300000 USD
CY2011Q2 us-gaap Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
6300000 USD
CY2011 us-gaap Concentration Risk Credit Risk Financial Instrument Maximum Exposure
ConcentrationRiskCreditRiskFinancialInstrumentMaximumExposure
63100000 USD
CY2011Q2 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncome
48400000 USD
CY2011Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
4300000 USD
CY2011Q2 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.045 pure
CY2010Q2 us-gaap Short Term Debt Weighted Average Interest Rate
ShortTermDebtWeightedAverageInterestRate
0.011 pure
CY2011 us-gaap Debt Instrument Covenant Description
DebtInstrumentCovenantDescription
The credit facilities contain several covenants, including a requirement to maintain a fixed charge coverage ratio of at least 2.5 The credit facilities contain several covenants, including a requirement to maintain a fixed charge coverage ratio of at least 2.5.
CY2010 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
437000000 USD
CY2010 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
400000000 USD
CY2011Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1031300000 USD
CY2011Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
733600000 USD
CY2011Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1402600000 USD
CY2011Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
750100000 USD
CY2011Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2011Q2 gis Floating Rate Notes
FloatingRateNotes
400000000 USD
CY2010Q2 gis Floating Rate Notes
FloatingRateNotes
0 USD
CY2011Q2 us-gaap Mediumterm Notes Noncurrent
MediumtermNotesNoncurrent
204400000 USD
CY2010Q2 us-gaap Mediumterm Notes Noncurrent
MediumtermNotesNoncurrent
204400000 USD
CY2011Q2 gis Debt Of Consolidated Contract Manufacturer
DebtOfConsolidatedContractManufacturer
15000000 USD
CY2010Q2 gis Debt Of Consolidated Contract Manufacturer
DebtOfConsolidatedContractManufacturer
20900000 USD
CY2011Q2 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
14100000 USD
CY2010Q2 us-gaap Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
10200000 USD
CY2010Q2 us-gaap Long Term Debt
LongTermDebt
5375800000 USD
CY2011 us-gaap Minority Interest Dividend Requirements Of Preferred Stock
MinorityInterestDividendRequirementsOfPreferredStock
The holder of the Class A Interests receives quarterly preferred distributions from available net income based on the application of a floating preferred return rate, currently equal to the sum of three-month LIBOR plus 65 basis points, to the holder&#8217;s capital account balance established in the most recent mark-to-market valuation (currently $248.1 million).
CY2011 us-gaap Minority Interest Description
MinorityInterestDescription
In addition, we have seven foreign subsidiaries that have minority interests totaling $4.4 million
CY2011Q2 us-gaap Other Minority Interests
OtherMinorityInterests
4400000 USD
CY2011Q2 gis Noncontrolling Interest Holders Capital Account General Mills Cereals Llc
NoncontrollingInterestHoldersCapitalAccountGeneralMillsCerealsLlc
248100000 USD
CY2011Q2 gis Noncontrolling Interest In General Mills Cereals Llc
NoncontrollingInterestInGeneralMillsCerealsLlc
242300000 USD
CY2011Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2010 us-gaap Treasury Stock Acquired Repurchase Authorization
TreasuryStockAcquiredRepurchaseAuthorization
On June 28, 2010, our Board of Directors authorized the repurchase of up to 100 million shares of our common stock. Purchases under the authorization can be made in the open market or in privately negotiated transactions, including the use of call options and other derivative instruments, Rule 10b5-1 trading plans, and accelerated repurchase programs. The authorization has no specified termination date.
CY2011 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
358300000 USD
CY2011 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
-93500000 USD
CY2011 us-gaap Other Comprehensive Income Available For Sale Securities Adjustment Before Tax Period Increase Decrease
OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentBeforeTaxPeriodIncreaseDecrease
-5800000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-39800000 USD
CY2011 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax
-29800000 USD
CY2011 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
544700000 USD
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CY2011 us-gaap Other Comprehensive Income Loss Before Tax Period Increase Decrease
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545400000 USD
CY2011 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossTaxPortionAttributableToParent
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CY2011 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
0 USD
CY2011 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-68600000 USD
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
476100000 USD
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CY2011 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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108700000 USD
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OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
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32400000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
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CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
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CY2011 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
-11300000 USD
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-41500000 USD
CY2011 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
358300000 USD
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61100000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-3600000 USD
CY2011 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-25400000 USD
CY2011 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
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-18500000 USD
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67200000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.030 pure
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-44400000 USD
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OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-909200000 USD
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-200000 USD
CY2010 us-gaap Other Comprehensive Income Loss Before Tax Period Increase Decrease
OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecrease
-909000000 USD
CY2010 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-163300000 USD
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786300000 USD
CY2010 us-gaap Other Comprehensive Income Available For Sale Securities Adjustment Before Tax Period Increase Decrease
OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentBeforeTaxPeriodIncreaseDecrease
1900000 USD
CY2010 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
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CY2010 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossTaxPortionAttributableToParent
300100000 USD
CY2010 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
0 USD
CY2010 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
300100000 USD
CY2010 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-609100000 USD
CY2010 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-200000 USD
CY2010 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
926100000 USD
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19100000 USD
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0 USD
CY2010 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
700000 USD
CY2010 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
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-10600000 USD
CY2010 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
-17000000 USD
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OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetGainLossRecognizedInNetPeriodicPensionCostTax
-7600000 USD
CY2010 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
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CY2010 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
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CY2010 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
1200000 USD
CY2010 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-14400000 USD
CY2010 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
-27400000 USD
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OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetGainLossRecognizedInNetPeriodicPensionCostNetOfTax
11500000 USD
CY2009 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentBeforeTaxPortionAttributableToParent
-286600000 USD
CY2009 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
1254000000 USD
CY2009 us-gaap Other Comprehensive Income Available For Sale Securities Adjustment Before Tax Period Increase Decrease
OtherComprehensiveIncomeAvailableForSaleSecuritiesAdjustmentBeforeTaxPeriodIncreaseDecrease
-600000 USD
CY2009 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
8000000 USD
CY2009 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Before Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax
11900000 USD
CY2009 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent
-1520900000 USD
CY2009 us-gaap Other Comprehensive Income Loss Before Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest
1200000 USD
CY2009 us-gaap Other Comprehensive Income Loss Before Tax Period Increase Decrease
OtherComprehensiveIncomeLossBeforeTaxPeriodIncreaseDecrease
-1522100000 USD
CY2009 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossTaxPortionAttributableToParent
470000000 USD
CY2009 us-gaap Other Comprehensive Income Loss Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossTaxPortionAttributableToNoncontrollingInterest
0 USD
CY2009 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
470000000 USD
CY2009 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-1050900000 USD
CY2009 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
1200000 USD
CY2009 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
261600000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.12 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.029 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm
8.50 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.185 pure
CY2009 us-gaap Other Comprehensive Income Amortization Of Defined Benefit Plan Net Prior Service Cost Credit Recognized In Net Periodic Benefit Cost Before Tax
OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostCreditRecognizedInNetPeriodicBenefitCostBeforeTax
24200000 USD
CY2009 us-gaap Other Comprehensive Income Foreign Currency Translation Gain Loss Arising During Period Tax
OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax
0 USD
CY2009 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-477800000 USD
CY2009 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodTax
-200000 USD
CY2009 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
3400000 USD
CY2009 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeTax
4600000 USD
CY2009 gis Other Comprehensive Income Amortization Of Defined Benefit Plan Net Prior Service Cost And Net Gain Loss Recognized In Net Periodic Pension Cost Tax
OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetGainLossRecognizedInNetPeriodicPensionCostTax
-9200000 USD
CY2009 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-286600000 USD
CY2009 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodNetOfTax
-776200000 USD
CY2009 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-400000 USD
CY2009 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
4600000 USD
CY2009 us-gaap Other Comprehensive Income Reclassification Adjustment On Derivatives Included In Net Income Net Of Tax
OtherComprehensiveIncomeReclassificationAdjustmentOnDerivativesIncludedInNetIncomeNetOfTax
7300000 USD
CY2009 gis Other Comprehensive Income Amortization Of Defined Benefit Plan Net Prior Service Cost And Net Gain Loss Recognized In Net Periodic Pension Cost Net Of Tax
OtherComprehensiveIncomeAmortizationOfDefinedBenefitPlanNetPriorServiceCostAndNetGainLossRecognizedInNetPeriodicPensionCostNetOfTax
15000000 USD
CY2009 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
1100000000 USD
CY2011 us-gaap Defined Benefit Plan Alternative Method Used To Amortize Net Gains And Losses
DefinedBenefitPlanAlternativeMethodUsedToAmortizeNetGainsAndLosses
In fiscal 2010 and future years, the losses are reflected in pension expense using the market-related value of the plan assets over a five year period and amortized using a declining balance method over the average remaining service period of active plan participants.
CY2011Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
553200000 USD
CY2011Q2 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
2000000 USD
CY2011Q2 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-35800000 USD
CY2010Q2 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
194900000 USD
CY2010Q2 us-gaap Accumulated Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
5600000 USD
CY2010Q2 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-28900000 USD
CY2011Q2 gis Accumulated Other Comprehensive Income Loss Net Actuarial Gain Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetActuarialGainLossNetOfTax
-1509500000 USD
CY2010Q2 gis Accumulated Other Comprehensive Income Loss Net Actuarial Gain Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetActuarialGainLossNetOfTax
-1611000000 USD
CY2011Q2 gis Accumulated Other Comprehensive Income Loss Prior Service Costs Net Of Tax
AccumulatedOtherComprehensiveIncomeLossPriorServiceCostsNetOfTax
-20700000 USD
CY2010Q2 gis Accumulated Other Comprehensive Income Loss Prior Service Costs Net Of Tax
AccumulatedOtherComprehensiveIncomeLossPriorServiceCostsNetOfTax
-47500000 USD
CY2011 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
31800000 shares
CY2010 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
21300000 shares
CY2009 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
40400000 shares
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.037 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.20 USD
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm
8.50 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.189 pure
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.034 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.70 USD
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.044 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedTerm
8.50 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.161 pure
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.027 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Method Used
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsMethodUsed
We estimate the fair value of each option on the grant date using a Black-Scholes option-pricing model, which requires us to make predictive assumptions regarding future stock price volatility, employee exercise behavior, and dividend yield. We estimate our future stock price volatility using the historical volatility over the expected term of the option, excluding time periods of volatility we believe a marketplace participant would exclude in estimating our stock price volatility. We also have considered, but did not use, implied volatility in our estimate, because trading activity in options on our stock, especially those with tenors of greater than 6 months, is insufficient to provide a reliable measure of expected volatility. Our expected term represents the period of time that options granted are expected to be outstanding based on historical data to estimate option exercises and employee terminations within the valuation model. Separate groups of employees have similar historical exercise behavior and therefore were aggregated into a single pool for valuation purposes. The weighted-average expected term for all employee groups is presented in the table above. The risk-free interest rate for periods during the expected term of the options is based on the U.S. Treasury zero-coupon yield curve in effect at the time of grant.
CY2011 gis Share Based Compensation Arrangement By Share Based Payment Award Percent Of Market Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentOfMarketPrice
1 pure
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Expiration Dating
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardExpirationDating
10 years and one month
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod
four years
CY2008Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
106042400 shares
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
6495400 shares
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod
-17548400 shares
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-382400 shares
CY2009Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
94607000 shares
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod
-20013600 shares
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
6779400 shares
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-268200 shares
CY2010Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
81104600 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
5234300 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriod
-18665400 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
-126200 shares
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
67547300 shares
CY2008Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
76389200 shares
CY2009Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
67619200 shares
CY2010Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
47726600 shares
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
39221700 shares
CY2008Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.68 USD
CY2009Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
31.74 USD
CY2009Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
19.60 USD
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
27.50 USD
CY2009Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
23.84 USD
CY2010Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
27.99 USD
CY2010Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
19.87 USD
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
24.82 USD
CY2010Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
25.17 USD
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
37.38 USD
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.59 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
31.26 USD
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
26.82 USD
CY2008Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
21.23 USD
CY2009Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
21.96 USD
CY2010Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
22.89 USD
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
23.78 USD
CY2011 gis Net Cash Proceeds From Stock Options Exercised
NetCashProceedsFromStockOptionsExercised
410400000 USD
CY2010 gis Net Cash Proceeds From Stock Options Exercised
NetCashProceedsFromStockOptionsExercised
388500000 USD
CY2009 gis Net Cash Proceeds From Stock Options Exercised
NetCashProceedsFromStockOptionsExercised
305900000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
275600000 USD
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
271800000 USD
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
226700000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Terms Of Award
ShareBasedCompensationArrangementByShareBasedPaymentAwardTermsOfAward
Stock and units settled in stock subject to a restricted period and a purchase price, if any (as determined by the Compensation Committee of the Board of Directors), may be granted to key employees under the 2009 Plan. Certain restricted stock and restricted stock unit awards require the employee to deposit personally owned shares (on a one-for-one basis) during the restricted period. Restricted stock and restricted stock units generally vest and become unrestricted four years after the date of grant. Participants are entitled to dividends on such awarded shares and units, but only receive those amounts if the shares or units vest. The sale or transfer of these shares and units is restricted during the vesting period. Participants holding restricted stock, but not restricted stock units, are entitled to vote on matters submitted to holders of common stock for a vote.
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
93600000 USD
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
26100000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
3751600 shares
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
4745700 shares
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
4348000 shares
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
36.16 USD
CY2010 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
28.03 USD
CY2009 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
31.70 USD
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
16942290.0 shares
CY2011Q2 us-gaap Employee Service Share Based Compensation Unrecognized Compensation Costs On Nonvested Awards
EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsOnNonvestedAwards
170700000 USD
CY2011 us-gaap Employee Service Share Based Compensation Unrecognized Compensation Costs On Nonvested Awards Weighted Average Period Of Recognition
EmployeeServiceShareBasedCompensationUnrecognizedCompensationCostsOnNonvestedAwardsWeightedAveragePeriodOfRecognition
19.1 pure
CY2011 gis Share Based Compensation Arrangement By Share Based Payment Award Compensation Expense Stock Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationExpenseStockOptions
26800000 USD
CY2010 gis Share Based Compensation Arrangement By Share Based Payment Award Compensation Expense Stock Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationExpenseStockOptions
34400000 USD
CY2009 gis Share Based Compensation Arrangement By Share Based Payment Award Compensation Expense Stock Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationExpenseStockOptions
40000000 USD
CY2011 gis Share Based Compensation Arrangement By Share Based Payment Award Compensation Expense Stock Equity Instruments Other Than Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationExpenseStockEquityInstrumentsOtherThanOptions
141200000 USD
CY2010 gis Share Based Compensation Arrangement By Share Based Payment Award Compensation Expense Stock Equity Instruments Other Than Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationExpenseStockEquityInstrumentsOtherThanOptions
131000000 USD
CY2009 gis Share Based Compensation Arrangement By Share Based Payment Award Compensation Expense Stock Equity Instruments Other Than Options
ShareBasedCompensationArrangementByShareBasedPaymentAwardCompensationExpenseStockEquityInstrumentsOtherThanOptions
101400000 USD
CY2011 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
642700000 shares
CY2010 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
659600000 shares
CY2009 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
663700000 shares
CY2011Q2 gis Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
16600000 shares
CY2010Q2 gis Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
17700000 shares
CY2009Q2 gis Amount Of Dilutive Securities Stock Options
AmountOfDilutiveSecuritiesStockOptions
17900000 shares
CY2011 gis Amount Of Dilutive Securities Restricted Stock Units
AmountOfDilutiveSecuritiesRestrictedStockUnits
5500000 shares
CY2010 gis Amount Of Dilutive Securities Restricted Stock Units
AmountOfDilutiveSecuritiesRestrictedStockUnits
6000000 shares
CY2009 gis Amount Of Dilutive Securities Restricted Stock Units
AmountOfDilutiveSecuritiesRestrictedStockUnits
5500000 shares
CY2011 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
664800000 shares
CY2010 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
683300000 shares
CY2009 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
687100000 shares
CY2011 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.7980 USD
CY2010 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.32 USD
CY2009 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.96 USD
CY2011 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.6950 USD
CY2010 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.24 USD
CY2009 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.90 USD
CY2011 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4800000 shares
CY2010 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
6300000 shares
CY2009 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14200000 shares
CY2010Q2 us-gaap Defined Benefit Plan Year That Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearThatRateReachesUltimateTrendRate
2019
CY2011Q2 us-gaap Defined Benefit Plan Year That Rate Reaches Ultimate Trend Rate
DefinedBenefitPlanYearThatRateReachesUltimateTrendRate
2019
CY2011 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.085 pure
CY2010 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed For Next Fiscal Year
DefinedBenefitPlanHealthCareCostTrendRateAssumedForNextFiscalYear
0.09 pure
CY2011 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.052 pure
CY2010 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate
DefinedBenefitPlanUltimateHealthCareCostTrendRate
0.052 pure
CY2011 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnServiceAndInterestCostComponents
6200000 USD
CY2011 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents
-5400000 USD
CY2011 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
82400000 USD
CY2011 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation
-73600000 USD
CY2011 us-gaap Defined Benefit Plan Explanation Of Significant Change In Benefit Obligation Or Plan Assets Not Apparent From Other Required Disclosures
DefinedBenefitPlanExplanationOfSignificantChangeInBenefitObligationOrPlanAssetsNotApparentFromOtherRequiredDisclosures
The Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010 (collectively, the Act) was signed into law in March 2010. The Act codifies health care reforms with staggered effective dates from 2010 to 2018. Estimates of the future impacts of several of the Act&#8217;s provisions are incorporated into our postretirement benefit liability including the elimination of lifetime maximums and the imposition of an excise tax on high cost health plans. These changes resulted in a $24.0 million increase in our postretirement benefit liability in fiscal 2010.
CY2010Q2 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
3620300000 USD
CY2011Q2 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
3991600000 USD
CY2011Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1530200000 USD
CY2010Q2 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
-1658500000 USD
CY2011Q2 gis Common Stock Held By Esop And Company Stock Fund
CommonStockHeldByEsopAndCompanyStockFund
648100000 USD
CY2010Q2 gis Net Assets Money Purchase Plan
NetAssetsMoneyPurchasePlan
16800000 USD
CY2010 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
64500000 USD
CY2009 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
59500000 USD
CY2010Q2 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
11900000 shares
CY2011 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
0 USD
CY2010 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
53700000 USD
CY2009 us-gaap Employee Stock Ownership Plan Esop Compensation Expense
EmployeeStockOwnershipPlanESOPCompensationExpense
50600000 USD
CY2011 gis Actual Return Attributable To Unrealized Gain Loss On Plan Assets Still Held Level3 Assets
ActualReturnAttributableToUnrealizedGainLossOnPlanAssetsStillHeldLevel3Assets
96800000 USD
CY2011 gis Number Of Fiscal Years Presented
NumberOfFiscalYearsPresented
two
CY2011Q2 us-gaap Prescription Drug Subsidy Receipts Year One
PrescriptionDrugSubsidyReceiptsYearOne
5000000 USD
CY2011Q2 us-gaap Prescription Drug Subsidy Receipts Year Two
PrescriptionDrugSubsidyReceiptsYearTwo
5500000 USD
CY2011Q2 us-gaap Prescription Drug Subsidy Receipts Year Three
PrescriptionDrugSubsidyReceiptsYearThree
6000000 USD
CY2011Q2 us-gaap Prescription Drug Subsidy Receipts Year Four
PrescriptionDrugSubsidyReceiptsYearFour
6500000 USD
CY2011Q2 us-gaap Prescription Drug Subsidy Receipts Year Five
PrescriptionDrugSubsidyReceiptsYearFive
7100000 USD
CY2011Q2 us-gaap Prescription Drug Subsidy Receipts Five Fiscal Years Thereafter
PrescriptionDrugSubsidyReceiptsFiveFiscalYearsThereafter
38900000 USD
CY2010Q2 gis Common Stock Held By Esop And Company Stock Fund
CommonStockHeldByEsopAndCompanyStockFund
610300000 USD
CY2011 us-gaap Description Of Defined Contribution Pension And Other Postretirement Plans
DescriptionOfDefinedContributionPensionAndOtherPostretirementPlans
We matched a percentage of employee contributions to the General Mills Savings Plan with a base match plus a variable year-end match that depended on annual results.
CY2011Q2 gis Net Assets Money Purchase Plan
NetAssetsMoneyPurchasePlan
18100000 USD
CY2011 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
41800000 USD
CY2011Q2 us-gaap Employee Stock Ownership Plan Esop Number Of Allocated Shares
EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares
11200000 shares
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2144800000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
2060400000 USD
CY2009 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
1717500000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
283400000 USD
CY2010 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
144100000 USD
CY2009 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
224700000 USD
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
370000000 USD
CY2010 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
616000000 USD
CY2009 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
457800000 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
76900000 USD
CY2010 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
87400000 USD
CY2009 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
37300000 USD
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
68900000 USD
CY2010 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
45500000 USD
CY2009 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
9500000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
515800000 USD
CY2010 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
748900000 USD
CY2009 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
504600000 USD
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
178900000 USD
CY2010 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
38500000 USD
CY2009 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
155700000 USD
CY2011 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
30800000 USD
CY2010 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-4900000 USD
CY2009 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
36300000 USD
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-4400000 USD
CY2010 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-11300000 USD
CY2009 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
23800000 USD
CY2011 us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
721100000 USD
CY2010 us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
771200000 USD
CY2009 us-gaap Income Tax Expense Benefit Continuing Operations
IncomeTaxExpenseBenefitContinuingOperations
720400000 USD
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.027 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.025 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.029 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.02 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.018 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.023 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
EffectiveIncomeTaxRateReconciliationTaxSettlementsDomestic
-0.037 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
EffectiveIncomeTaxRateReconciliationTaxSettlementsDomestic
0 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements Domestic
EffectiveIncomeTaxRateReconciliationTaxSettlementsDomestic
0.027 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
-0.016 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
-0.011 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Deductions Qualified Production Activities
EffectiveIncomeTaxRateReconciliationDeductionsQualifiedProductionActivities
-0.018 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.007 pure
CY2009 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.001 pure
CY2010 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002 pure
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.297 pure
CY2010 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.35 pure
CY2009 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.371 pure
CY2011 gis Effective Income Tax Rate Reconciliation Health Care Reform Act
EffectiveIncomeTaxRateReconciliationHealthCareReformAct
0 pure
CY2010 gis Effective Income Tax Rate Reconciliation Health Care Reform Act
EffectiveIncomeTaxRateReconciliationHealthCareReformAct
0.013 pure
CY2009 gis Effective Income Tax Rate Reconciliation Health Care Reform Act
EffectiveIncomeTaxRateReconciliationHealthCareReformAct
0 pure
CY2011Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
129500000 USD
CY2010Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2195700000 USD
CY2010Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
17300000 USD
CY2010Q2 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
68700000 USD
CY2011Q2 gis Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation And Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensationAndEmployeeBenefits
582900000 USD
CY2011Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
74100000 USD
CY2011Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
62000000 USD
CY2011Q2 gis Deferred Tax Assets Unrealized Losses On Investments
DeferredTaxAssetsUnrealizedLossesOnInvestments
500600000 USD
CY2011Q2 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
92100000 USD
CY2011Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
140900000 USD
CY2011Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
123700000 USD
CY2011Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1705800000 USD
CY2011Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
404500000 USD
CY2011Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1301300000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1289100000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
394600000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
63000000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
20000000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2401400000 USD
CY2010Q2 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
307600000 USD
CY2010Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1279500000 USD
CY2010Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1363800000 USD
CY2010Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
392000000 USD
CY2010Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1755800000 USD
CY2010Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
150700000 USD
CY2010Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
119900000 USD
CY2010Q2 us-gaap Deferred Tax Assets Capital Loss Carryforwards
DeferredTaxAssetsCapitalLossCarryforwards
93100000 USD
CY2010Q2 gis Deferred Tax Assets Unrealized Losses On Investments
DeferredTaxAssetsUnrealizedLossesOnInvestments
474900000 USD
CY2010Q2 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
0 USD
CY2010Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
183800000 USD
CY2010Q2 gis Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Employee Compensation And Employee Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeCompensationAndEmployeeBenefits
584900000 USD
CY2010Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
148500000 USD
CY2011 us-gaap Deferred Taxes Business Combination Valuation Allowance Available To Reduce Income Tax Expense
DeferredTaxesBusinessCombinationValuationAllowanceAvailableToReduceIncomeTaxExpense
168200000 USD
CY2011Q2 gis Operating Loss Carryforwards Expiration Dates No Expiration
OperatingLossCarryforwardsExpirationDatesNoExpiration
102000000 USD
CY2011Q2 gis Unremitted Foreign Earnings
UnremittedForeignEarnings
2435700000 USD
CY2011Q2 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
152000000 USD
CY2011Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
53400000 USD
CY2011 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
-10500000 USD
CY2011Q2 gis Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets Excluding Brands
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssetsExcludingBrands
122300000 USD
CY2010Q2 gis Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets Excluding Brands
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssetsExcludingBrands
107400000 USD
CY2011Q2 gis Deferred Tax Liabilities Unrealized Gains On Investments
DeferredTaxLiabilitiesUnrealizedGainsOnInvestments
424500000 USD
CY2010Q2 gis Deferred Tax Liabilities Unrealized Gains On Investments
DeferredTaxLiabilitiesUnrealizedGainsOnInvestments
348200000 USD
CY2011Q2 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
53000000 USD
CY2010Q2 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
DeferredTaxLiabilitiesDeferredExpenseCapitalizedInventoryCosts
55600000 USD
CY2011Q2 gis Deferred Tax Liabilities Hedging Transactions
DeferredTaxLiabilitiesHedgingTransactions
34900000 USD
CY2010Q2 gis Deferred Tax Liabilities Hedging Transactions
DeferredTaxLiabilitiesHedgingTransactions
11400000 USD
CY2011Q2 gis Operating Loss Carryforwards Expiration Dates Years1and2
OperatingLossCarryforwardsExpirationDatesYears1and2
8900000 USD
CY2011Q2 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
140900000 USD
CY2011Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-1100100000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
25000000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
19700000 USD
CY2011 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
75600000 USD
CY2010 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
7100000 USD
CY2010Q2 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
-831900000 USD
CY2011Q2 gis Operating Loss Carryforwards Expiration Dates Three Years And Beyond
OperatingLossCarryforwardsExpirationDatesThreeYearsAndBeyond
18300000 USD
CY2011Q2 gis Capital Loss Carryforwards Valuation Allowance
CapitalLossCarryforwardsValuationAllowance
92100000 USD
CY2009Q2 gis Cash Tax Payments Tax Settlement
CashTaxPaymentsTaxSettlement
17600000 USD
CY2011Q2 gis Cash Tax Payments Tax Settlement
CashTaxPaymentsTaxSettlement
385300000 USD
CY2011 gis Unrecognized Tax Benefit Liabilities Decrease Resulting From Prior Period Tax Positions With Internal Revenue Service
UnrecognizedTaxBenefitLiabilitiesDecreaseResultingFromPriorPeriodTaxPositionsWithInternalRevenueService
108100000 USD
CY2009 us-gaap Tax Adjustments Settlements And Unusual Provisions
TaxAdjustmentsSettlementsAndUnusualProvisions
52600000 USD
CY2011 gis Unrecognized Tax Benefit Liabilities Increase Resulting From Prior Period Tax Positions With State Of California
UnrecognizedTaxBenefitLiabilitiesIncreaseResultingFromPriorPeriodTaxPositionsWithStateOfCalifornia
11500000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
-131200000 USD
CY2010 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
-37600000 USD
CY2011 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-287900000 USD
CY2010 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
-1900000 USD
CY2011 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
-8200000 USD
CY2010 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
-4500000 USD
CY2011Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
226200000 USD
CY2010Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
552900000 USD
CY2009Q2 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
570100000 USD
CY2010 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
16200000 USD
CY2010Q2 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
174800000 USD
CY2011 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
152400000 USD
CY2010 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
137900000 USD
CY2009 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
140000000 USD
CY2011 gis Schedule Of Commitments And Contingencies
ScheduleOfCommitmentsAndContingencies
<div><table style="border-collapse:collapse;margin-top:20px;"><tr style="height: 17px"><td style="width: 197px; text-align:left;border-color:#000000;min-width:197px;">&#160;</td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;">&#160;</td><td colspan="5" style="width: 190px; border-bottom-style:solid;border-bottom-width:1px;text-align:center;border-color:#000000;min-width:190px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: center;">Fiscal Year</font></td></tr><tr style="height: 17px"><td style="width: 197px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:197px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">In Millions</font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;">&#160;</td><td style="width: 59px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">2011</font></td><td style="width: 14px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:14px;">&#160;</td><td style="width: 47px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">2010</font></td><td style="width: 23px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:23px;">&#160;</td><td style="width: 47px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">2009</font></td></tr><tr style="height: 21px"><td style="width: 197px; border-top-style:solid;border-top-width:1px;text-align:left;border-color:#000000;min-width:197px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Warehouse space</font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 63.4</font></td><td style="width: 14px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:14px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 47px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 55.7</font></td><td style="width: 23px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:23px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 47px; border-top-style:solid;border-top-width:1px;text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 51.4</font></td></tr><tr style="height: 17px"><td style="width: 197px; text-align:left;border-color:#000000;min-width:197px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Equipment</font></td><td style="width: 13px; text-align:right;border-color:#000000;min-width:13px;">&#160;</td><td style="width: 59px; text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 32.1</font></td><td style="width: 14px; text-align:right;border-color:#000000;min-width:14px;">&#160;</td><td style="width: 47px; text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 30.6</font></td><td style="width: 23px; text-align:right;border-color:#000000;min-width:23px;">&#160;</td><td style="width: 47px; text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 39.1</font></td></tr><tr style="height: 17px"><td style="width: 197px; border-bottom-style:solid;border-bottom-width:1px;text-align:left;border-color:#000000;min-width:197px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Other</font></td><td style="width: 13px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:13px;">&#160;</td><td style="width: 59px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 56.9</font></td><td style="width: 14px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:14px;">&#160;</td><td style="width: 47px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 51.6</font></td><td style="width: 23px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:23px;">&#160;</td><td style="width: 47px; border-bottom-style:solid;border-bottom-width:1px;text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 49.5</font></td></tr><tr style="height: 20px"><td style="width: 197px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:left;border-color:#000000;min-width:197px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;">Total rent expense</font></td><td style="width: 13px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;border-color:#000000;min-width:13px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 59px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;border-color:#000000;min-width:59px;"><font style="FONT-WEIGHT: bold;FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 152.4</font></td><td style="width: 14px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;border-color:#000000;min-width:14px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 47px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 137.9</font></td><td style="width: 23px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;border-color:#000000;min-width:23px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;TEXT-ALIGN: right;">$</font></td><td style="width: 47px; border-top-style:solid;border-top-width:1px;border-bottom-style:solid;border-bottom-width:2px;text-align:right;border-color:#000000;min-width:47px;"><font style="FONT-FAMILY: Times New Roman;FONT-SIZE: 10pt;COLOR: #000000;"> 140.0</font></td></tr></table></div>
CY2011Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
74400000 USD
CY2011Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
52500000 USD
CY2011Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
36400000 USD
CY2011Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
26100000 USD
CY2011Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
22600000 USD
CY2011Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
49400000 USD
CY2011Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
261400000 USD
CY2011Q2 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
2200000 USD
CY2011Q2 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
1800000 USD
CY2011Q2 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
900000 USD
CY2011Q2 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
500000 USD
CY2011Q2 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
300000 USD
CY2011Q2 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
200000 USD
CY2011Q2 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
5900000 USD
CY2011Q2 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
-400000 USD
CY2011Q2 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
5500000 USD
CY2011Q2 gis Guarantee Obligations Maximum Exposure Consolidated Subsidiaries
GuaranteeObligationsMaximumExposureConsolidatedSubsidiaries
591200000 USD
CY2011Q2 gis Guarantee Obligations Maximum Exposure Non Consolidated Affiliates
GuaranteeObligationsMaximumExposureNonConsolidatedAffiliates
340600000 USD
CY2011Q2 us-gaap Operating Leases Future Minimum Payments Due Future Minimum Sublease Rentals
OperatingLeasesFutureMinimumPaymentsDueFutureMinimumSubleaseRentals
13000000 USD
CY2011 us-gaap Segment Reporting Segment Operating Profit Loss
SegmentReportingSegmentOperatingProfitLoss
2945600000 USD
CY2011 us-gaap Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated Amount
SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedAmount
184100000 USD
CY2010 us-gaap Segment Reporting Segment Operating Profit Loss
SegmentReportingSegmentOperatingProfitLoss
2840500000 USD
CY2010 us-gaap Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated Amount
SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedAmount
203000000 USD
CY2009 us-gaap Segment Reporting Segment Operating Profit Loss
SegmentReportingSegmentOperatingProfitLoss
2624200000 USD
CY2009 us-gaap Segment Reporting Reconciling Item For Operating Profit Loss From Segment To Consolidated Amount
SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedAmount
342500000 USD
CY2011 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
11987800000 USD
CY2011Q2 us-gaap Entity Wide Disclosure On Geographic Areas Long Lived Assets In Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile
2752100000 USD
CY2011Q2 us-gaap Entity Wide Disclosure On Geographic Areas Long Lived Assets In Foreign Countries
EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries
593800000 USD
CY2010 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
11934400000 USD
CY2010Q2 us-gaap Entity Wide Disclosure On Geographic Areas Long Lived Assets In Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasLongLivedAssetsInEntitysCountryOfDomicile
2619700000 USD
CY2010Q2 us-gaap Entity Wide Disclosure On Geographic Areas Long Lived Assets In Foreign Countries
EntityWideDisclosureOnGeographicAreasLongLivedAssetsInForeignCountries
508000000 USD
CY2009 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToEntitysCountryOfDomicile
11942100000 USD
CY2011 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Foreign Countries
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries
2892400000 USD
CY2010 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Foreign Countries
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries
2701200000 USD
CY2009 us-gaap Entity Wide Disclosure On Geographic Areas Revenue From External Customers Attributed To Foreign Countries
EntityWideDisclosureOnGeographicAreasRevenueFromExternalCustomersAttributedToForeignCountries
2613700000 USD
CY2011Q2 gis Entity Wide Disclosure On Geographic Areas Cash Held By Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasCashHeldByEntitysCountryOfDomicile
123700000 USD
CY2010Q2 gis Entity Wide Disclosure On Geographic Areas Cash Held By Entitys Country Of Domicile
EntityWideDisclosureOnGeographicAreasCashHeldByEntitysCountryOfDomicile
66100000 USD
CY2011Q2 gis Entity Wide Disclosure On Geographic Areas Cash Held By Foreign Countries
EntityWideDisclosureOnGeographicAreasCashHeldByForeignCountries
495900000 USD
CY2010Q2 gis Entity Wide Disclosure On Geographic Areas Cash Held By Foreign Countries
EntityWideDisclosureOnGeographicAreasCashHeldByForeignCountries
607100000 USD
CY2011Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1178600000 USD
CY2011Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
16300000 USD
CY2010Q2 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1057400000 USD
CY2010Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
15800000 USD
CY2011Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
286200000 USD
CY2011Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1273600000 USD
CY2011Q2 us-gaap Other Inventory Purchased Goods
OtherInventoryPurchasedGoods
218000000 USD
CY2011Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
168500000 USD
CY2010Q2 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
142300000 USD
CY2010Q2 us-gaap Other Inventory Purchased Goods
OtherInventoryPurchasedGoods
107400000 USD
CY2010Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1131400000 USD
CY2010Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
247500000 USD
CY2011Q2 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
1034100000 USD
CY2010Q2 us-gaap Lifo Inventory Amount
LIFOInventoryAmount
958300000 USD
CY2011Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
161000000 USD
CY2011Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
29000000 USD
CY2011Q2 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
109100000 USD
CY2011Q2 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
104700000 USD
CY2011Q2 gis Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
22400000 USD
CY2010Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
127500000 USD
CY2010Q2 us-gaap Interest Receivable Current
InterestReceivableCurrent
64900000 USD
CY2010Q2 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
48800000 USD
CY2010Q2 us-gaap Nontrade Receivables Current
NontradeReceivablesCurrent
101400000 USD
CY2010Q2 gis Other Assets Miscellaneous Current
OtherAssetsMiscellaneousCurrent
24500000 USD
CY2011Q2 gis Grain Derivative Asset Not Designated As Hedging Instrument Fair Value Current
GrainDerivativeAssetNotDesignatedAsHedgingInstrumentFairValueCurrent
57300000 USD
CY2010Q2 gis Grain Derivative Asset Not Designated As Hedging Instrument Fair Value Current
GrainDerivativeAssetNotDesignatedAsHedgingInstrumentFairValueCurrent
11400000 USD
CY2009 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
208200000 USD
CY2009 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
732100000 USD
CY2011Q2 us-gaap Land
Land
61200000 USD
CY2011Q2 gis Buildings And Improvements Capital Leased Gross
BuildingsAndImprovementsCapitalLeasedGross
25000000 USD
CY2011Q2 gis Machinery And Equipment Capital Leased Gross
MachineryAndEquipmentCapitalLeasedGross
18900000 USD
CY2011Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
521900000 USD
CY2011Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7492100000 USD
CY2011Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4146200000 USD
CY2010Q2 us-gaap Land
Land
58000000 USD
CY2010Q2 gis Buildings And Improvements Capital Leased Gross
BuildingsAndImprovementsCapitalLeasedGross
19600000 USD
CY2010Q2 gis Machinery And Equipment Capital Leased Gross
MachineryAndEquipmentCapitalLeasedGross
25000000 USD
CY2010Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
469000000 USD
CY2010Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
6949700000 USD
CY2010Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3822000000 USD
CY2011Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1777700000 USD
CY2010Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1653800000 USD
CY2011Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
4719700000 USD
CY2010Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
4405600000 USD
CY2011Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
367700000 USD
CY2010Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
318700000 USD
CY2011Q2 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
128600000 USD
CY2011Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
519100000 USD
CY2011Q2 us-gaap Other Long Term Investments
OtherLongTermInvestments
87200000 USD
CY2011Q2 us-gaap Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
13300000 USD
CY2011Q2 gis Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
114300000 USD
CY2010Q2 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
DefinedBenefitPlanAssetsForPlanBenefitsNoncurrent
2200000 USD
CY2010Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
398100000 USD
CY2010Q2 us-gaap Other Long Term Investments
OtherLongTermInvestments
88200000 USD
CY2010Q2 us-gaap Derivative Instruments And Hedges Noncurrent
DerivativeInstrumentsAndHedgesNoncurrent
130100000 USD
CY2010Q2 gis Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
144800000 USD
CY2011 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
472600000 USD
CY2010 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
457100000 USD
CY2009 us-gaap Depreciation Amortization And Accretion Net
DepreciationAmortizationAndAccretionNet
453600000 USD
CY2011Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
303300000 USD
CY2011Q2 us-gaap Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
114000000 USD
CY2011Q2 gis Accrued Marketing Costs Current
AccruedMarketingCostsCurrent
463000000 USD
CY2011Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
80400000 USD
CY2011Q2 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
34800000 USD
CY2011Q2 us-gaap Customer Advances Current
CustomerAdvancesCurrent
36400000 USD
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39.95 USD
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40100000 USD
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500000 USD
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-83100000 USD

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