5. Several notes to the financial statement refer to the use of estimates Which accounts on General Mills balance sheet require estimates? List as many accounts as you can. Are any accounts estimate free?

7- GENERAL MILLS, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS May 28. 2006 May 29, 2805 ASSETS Current Assets Cash and cash equivalents Receivables $647 1 ,076 1,055 216 182 3,176 $573 1,034 1,037 203 208 3,055 Prepaid expenses and other current assets Deferred income taxes Total Current Assets Land, Buildings and Equipment Goodwill Other Intangible Assets Other Assets Total Assets 2,997 6,652 3,607 1.775 $18,207 3,111 6,684 3,532 1,684 $18,066 LIABILITIES AND EQUITY Current Liabilities: Accounts payable Current portion of long-term debt Notes payable Other current liabilities $1,151 2,131 1,503 1,353 6,138 $1,136 1,638 299 1,111 4,184 Total Current Liabilities Long-term Debt Deferred Income Taxes Other Liabilities 2,415 1,822 924 11,299 4,255 1,851 967 11,257 Total Liabilities Minority Interests 1,136 1,133 Stockholders' Equity: Cumulative preference stock, none issued Common stock, 502 shares issued Additional paid-in capital Retained earnings Common stock in treasury, at cost, shares of 146 in 2006 and 133 in 2005 Unearned compensation Accumulated other comprehensive income 50 5,737 5,107 (5,163) (84) 125 5,772 $18,207 50 5,691 4,501 (4,460) (114) Total Stockholders' Equi Total Liabilities and Equi 5,676 $18,066 See accompanying notes to consolidated financial statements