(5) For the first quarter of fiscal 2013, unallocated corporate items totaled $21 million of income compared to $88 million of expense in the same period last year. We recorded an $82 million net decrease in expense related to the mark-to-market valuations of certain commodity positions and grain inventories in the first quarter of fiscal 2013, compared to a $38 million net increase in expense in the first quarter of fiscal 2012. In addition, pension expense increased $10 million as compared to the same quarter last year.
(6) Basic and diluted earnings per share (EPS) were calculated as follows:
|In Millions, Except per Share Data||
Aug. 26, 2012
Aug. 28, 2011
|Net earnings attributable to General Mills||$||548.9||$||405.6|
|Average number of common shares - basic EPS||650.4||647.9|
|Incremental share effect from: (a)|
|Restricted stock, restricted stock units, and other||4.6||4.7|
|Average number of common shares - diluted EPS||667.4||667.0|
|Earnings per share - basic||$||0.84||$||0.63|
|Earnings per share - diluted||$||0.82||$||0.61|
(a) Incremental shares from stock options and restricted stock units are computed by the treasury stock method.