

                                                         Exhibit 11


<TABLE>


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

<CAPTION>

                                                  Twenty-Six Weeks Ended
                                                 November 24, November 26,
                                                    1996         1995  
<S>                                                 <C>          <C>

Net Earnings                                        $254.4       $282.6



Computation of Shares:

  Weighted average number of shares outstanding,
   excluding shares held in treasury (a)             157.2       158.6

  Net shares resulting from the assumed exercise of
   certain stock options (b)                           3.1*        3.0*

  Total common shares and common share equivalents   160.3       161.6

Earnings per Share                                   $1.62       $1.78



<FN>

Notes to Exhibit 11:

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

(b) Common share equivalents are computed by the "treasury
    stock" method.  This method first determines the number of
    shares issuable under stock options that had an option
    price below the average market price for the period, and
    then deducts the number of shares that could have been
    repurchased with the proceeds of options exercised.

 *  Common share equivalents are not material.  As a result,
    earnings per share have been computed using the weighted
    average number of shares outstanding of 157.2 million and
    158.6 million for the first six months of fiscal 1997 and
    1996, respectively.
</FN>
</TABLE>
