Issuer:

General Mills, Inc.

Issuer Ratings*:

A3/BBB+/BBB+ (Moody’s/S&P/Fitch)

Principal Amount:

$250,000,000

Offering Format:

SEC-Registered

Maturity:

January 28, 2016

Price to Public:

100.000%

Interest Rate Basis:

LIBOR

Spread:

+20 basis points

Interest Payment Dates:

Quarterly on January 28, April 28, July 28 and October 28, commencing April 28, 2014

Interest Reset Dates:

January 28, April 28, July 28 and October 28, commencing April 28, 2014

Initial Interest Determination Date:

January 24, 2014

Interest Determination Date:

Second business day prior to each Interest Reset Date

Day Count Convention:

Actual/360

Redemption Provisions:

None

Change of Control Offer to Purchase:

If a change of control triggering event occurs, unless General Mills has exercised its right to redeem the notes, it will be required to make an offer to purchase the notes at a purchase price equal to 101% of the principal amount of the notes, plus accrued and unpaid interest, if any, to the date of repurchase.

Pricing Date:

January 21, 2014

Settlement Date:

T+5; January 28, 2014

We expect to deliver the notes against payment for the notes on the fifth business day following the date of the pricing of the notes (“T+5”). Under Rule 15c6-1 of the Exchange Act, trades in the secondary market generally are required to settle in three business days, unless the parties to a trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes on the date of pricing or the next succeeding business day will be required, by virtue of the fact that the notes initially will settle in T+5, to specify alternative settlement arrangements to prevent a failed settlement.

Denominations:

$2,000 and integral multiples of $1,000 in excess thereof

CUSIP/ISIN:

370334 BS2 / US370334BS27

Joint Book-Running Managers:

Citigroup Global Markets Inc.

Goldman, Sachs & Co.

Morgan Stanley & Co. LLC

Senior Co-Manager:

U.S. Bancorp Investments, Inc.

Co-Managers:

HSBC Securities (USA) Inc.

Loop Capital Markets LLC

Mitsubishi UFJ Securities (USA), Inc.

Santander Investment Securities Inc.

Standard Chartered Bank

Issuer:

General Mills, Inc.

Issuer Ratings*:

A3/BBB+/BBB+ (Moody’s/S&P/Fitch)

Principal Amount:

$500,000,000

Offering Format:

SEC-Registered

Maturity:

February 15, 2024

Coupon:

3.650%

Price to Public:

99.840%

Yield to Maturity:

3.669%

Spread to Benchmark Treasury:

+85 basis points

Benchmark Treasury:

2.750% due November 15, 2023

Benchmark Treasury Yield / Price:

2.819% / 99.406

Interest Payment Dates:

February 15 and August 15, commencing August 15, 2014

Day Count Convention:

30/360

Redemption Provisions:

Make-whole call:

At any time prior to November 15, 2023, make-whole call at Treasury plus 15 basis points plus accrued and unpaid interest to the redemption date

Par call:

At any time on or after November 15, 2023, at par plus accrued and unpaid interest to the redemption date

Change of Control Offer to Purchase:

If a change of control triggering event occurs, unless General Mills has exercised its right to redeem the notes, it will be required to make an offer to purchase the notes at a purchase price equal to 101% of the principal amount of the notes, plus accrued and unpaid interest, if any, to the date of repurchase.

Pricing Date:

January 21, 2014

Settlement Date:

T+5; January 28, 2014

We expect to deliver the notes against payment for the notes on the fifth business day following the date of the pricing of the notes (“T+5”). Under Rule 15c6-1 of the Exchange Act, trades in the secondary market generally are required to settle in three business days, unless the parties to a trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes on the date of pricing or the next succeeding business day will be required, by virtue of the fact that the notes initially will settle in T+5, to specify alternative settlement arrangements to prevent a failed settlement.

Denominations:

$2,000 and integral multiples of $1,000 in excess thereof

CUSIP/ISIN:

370334 BT0 / US370334BT00

Joint Book-Running Managers:

Citigroup Global Markets Inc.

Goldman, Sachs & Co.

Morgan Stanley & Co. LLC

Senior Co-Manager:

U.S. Bancorp Investments, Inc.

Co-Managers:

HSBC Securities (USA) Inc.

Loop Capital Markets LLC

Mitsubishi UFJ Securities (USA), Inc.

Santander Investment Securities Inc.

Standard Chartered Bank