Fiscal 2018 Annual Report
FISCAL 2018 ANNUAL REPORT Fiscal 2018 Financial Highlights Change In millions, except per share and 52 weeks ended 52 weeks ended on a constant- profit margin data May 27, 2018 May 28, 2017 Change currency basis* Net Sales $ 15,740 $ 15,620 1% Organic Net Sales* Flat Operating Profit $ 2,509 $ 2,566 (2%) Total Segment Operating Profit* $ 2,792 $ 2,953 (5%) (6%) Operating Profit Margin 15.9% 16.4% -50 basis points Adjusted Operating Profit Margin* 17.2% 18.1% -90 basis points Net Earnings Attributable to General Mills $ 2,131 $ 1,658 29% Diluted Earnings per Share (EPS) $ 3.64 $ 2.77 31% Adjusted Diluted EPS, Excluding Certain $ 3.11 $ 3.08 1% Flat Items Affecting Comparability* Average Diluted Shares Outstanding 586 598 (2%) Dividends per Share $ 1.96 $ 1.92 2% Net Sales Total Segment Adjusted Diluted Free Cash Flow* Dollars in millions Operating Profit* Earnings per Share* Dollars in millions Dollars in millions Dollars $3.11 $3,154 $17,910 $2,218 $17,630 $3,035 $3,000 $3.08 $2,953 $16,563 $2,035 $2,792 $1,959 $15,740 $15,620 $1,936 $1,731 $2.92 $2.86 $2.82 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 2014 2015 2016 2017 2018 *See page 45 of form 10-K herein for discussion of non-GAAP measures. Fiscal 2018 Net Sales $15.7 Billion Total Company Net Sales by Product Platform Total Company Net Sales by Reporting Segment Our portfolio is focused on five global growth In fiscal 2018, we reported net sales in four platforms.
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