General Mills, Inc. (GIS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Total Current Assets | 4.62B | 4.89B | 5.07B | 5.24B | 5.28B | 5.26B | 7.38B | 4.81B | 4.58B | 4.65B | 5.05B | 5.11B | 5.18B | 5.12B | 5.33B | 5.13B | 5.09B | 5.03B | 6.61B | 6.32B |
| Cash & Short-Term Investments | 453.8M | 785.5M | 683.4M | 952.9M | 363.9M | 521.3M | 2.29B | 468.1M | 418M | 588.6M | 593.8M | 490.9M | 702.7M | 618.7M | 644.1M | 594.4M | 819.2M | 844.4M | 1.02B | 710.6M |
| Cash Only | 453.8M | 785.5M | 683.4M | 952.9M | 363.9M | 521.3M | 2.29B | 468.1M | 418M | 588.6M | 593.8M | 490.9M | 585.5M | 618.7M | 644.1M | 594.4M | 569.4M | 844.4M | 1.02B | 710.6M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 117.2M | 0 | 0 | 0 | 249.8M | 0 | 0 | 0 |
| Accounts Receivable | 1.65B | 1.86B | 1.89B | 1.8B | 1.94B | 1.79B | 1.78B | 1.84B | 1.94B | 1.77B | 1.76B | 1.79B | 2.01B | 1.77B | 1.83B | 1.73B | 1.96B | 1.75B | 1.77B | 1.69B |
| Days Sales Outstanding | 37.25 | 38.45 | 34.61 | 37.68 | 37.23 | 33.57 | 31.48 | 35.5 | 35.81 | 31.5 | 31.43 | 34.14 | 35.36 | 31.99 | 31.06 | 34.82 | 35.28 | 35.26 | 31.32 | 34.76 |
| Inventory | 1.92B | 1.76B | 2.05B | 2.05B | 1.91B | 1.81B | 1.97B | 2B | 1.9B | 1.83B | 2.17B | 2.23B | 2.17B | 2.08B | 2.12B | 2.09B | 1.87B | 1.71B | 1.8B | 1.94B |
| Days Inventory Outstanding | 59.88 | 56.27 | 58.92 | 60.4 | 54.95 | 53.69 | 54.51 | 56.09 | 56.04 | 53.58 | 59.27 | 61.78 | 60.57 | 55.27 | 54.5 | 53.85 | 53.29 | 50.92 | 50.06 | 57.44 |
| Other Current Assets | 599.8M | 490.3M | 443.6M | 431.1M | 794.9M | 1.13B | 1.34B | 505.3M | 60M | 466.8M | 527M | 596.2M | 43.3M | 643.8M | 0 | 0 | 228.8M | 0 | 1.26B | 1.25B |
| Total Non-Current Assets | 25.4B | 27.51B | 27.48B | 27.78B | 27.8B | 27.45B | 26.01B | 26.96B | 26.89B | 26.21B | 26.19B | 26.21B | 26.28B | 26.08B | 25.99B | 25.97B | 26B | 26.12B | 25.87B | 26.01B |
| Property, Plant & Equipment | 3.44B | 3.49B | 3.51B | 3.58B | 4.03B | 3.46B | 3.46B | 3.78B | 4.23B | 3.64B | 3.6B | 3.59B | 3.98B | 3.35B | 3.36B | 3.36B | 3.73B | 3.29B | 3.29B | 3.34B |
| Fixed Asset Turnover | 1.33x | 1.27x | 1.37x | 1.19x | 1.22x | 1.40x | 1.45x | 1.21x | 1.20x | 1.41x | 1.43x | 1.30x | 1.37x | 1.53x | 1.55x | 1.33x | 1.39x | 1.38x | 1.51x | 1.24x |
| Goodwill | 14.12B | 15.63B | 15.6B | 15.66B | 15.62B | 15.52B | 14.43B | 14.79B | 14.75B | 14.43B | 14.44B | 14.52B | 14.51B | 14.49B | 14.48B | 14.45B | 14.38B | 14.55B | 14.52B | 14.55B |
| Intangible Assets | 6.72B | 7.03B | 7.02B | 7.09B | 7.08B | 7.06B | 6.74B | 6.98B | 6.98B | 6.96B | 6.96B | 6.97B | 6.97B | 6.97B | 6.97B | 6.98B | 7B | 7.01B | 6.81B | 6.83B |
| Long-Term Investments | 0 | 0 | 0 | 0 | 431.9M | 0 | 0 | 0 | 397.9M | 0 | 0 | 0 | 462M | 0 | 0 | 0 | 513.8M | 0 | 0 | 0 |
| Other Non-Current Assets | 1.12B | 1.36B | 1.34B | 1.45B | 441.9M | 1.41B | 1.39B | 1.41B | 363M | 1.17B | 1.18B | 1.14B | 358.3M | 1.27B | 1.18B | 1.18B | 377.5M | 1.27B | 1.24B | 1.29B |
| Total Assets | 30.02B | 32.4B | 32.55B | 33.02B | 33.07B | 32.71B | 33.4B | 31.77B | 31.47B | 30.86B | 31.23B | 31.32B | 31.45B | 31.2B | 31.32B | 31.11B | 31.09B | 31.14B | 32.48B | 32.33B |
| Asset Turnover | 0.15x | 0.14x | 0.15x | 0.14x | 0.14x | 0.15x | 0.16x | 0.15x | 0.15x | 0.16x | 0.16x | 0.16x | 0.16x | 0.16x | 0.17x | 0.15x | 0.16x | 0.14x | 0.16x | 0.14x |
| Asset Growth % | -9.24% | -0.93% | -2.54% | 3.92% | 5.09% | 5.98% | 6.92% | 1.44% | 0.06% | -1.09% | -0.28% | 0.68% | 1.16% | 0.18% | -3.58% | -3.79% | -2.36% | -4.61% | 0.54% | 3.42% |
| Total Current Liabilities | 6.77B | 8.69B | 7.71B | 7.96B | 7.86B | 7.88B | 8.02B | 7.29B | 7.03B | 7.06B | 7.9B | 7.07B | 7.54B | 9.42B | 9.21B | 8.6B | 8.02B | 6.84B | 7.81B | 8.14B |
| Accounts Payable | 3.73B | 3.63B | 3.93B | 3.74B | 4.01B | 3.69B | 4.07B | 3.82B | 3.99B | 3.61B | 3.82B | 3.71B | 4.19B | 3.87B | 4.02B | 3.79B | 3.98B | 3.47B | 3.45B | 3.29B |
| Days Payables Outstanding | 120.03 | 111.86 | 110.21 | 118.14 | 113.7 | 110.25 | 108.52 | 112.5 | 114.31 | 99.78 | 101.56 | 110.91 | 114.77 | 103.73 | 101.07 | 105.72 | 111.09 | 100.53 | 90.36 | 106.16 |
| Short-Term Debt | 1.12B | 2.98B | 1.57B | 2.19B | 2.21B | 2.35B | 2.09B | 1.89B | 1.63B | 1.5B | 2.12B | 1.76B | 1.74B | 3.45B | 3.12B | 3.09B | 2.49B | 1.32B | 1.7B | 2.63B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 1.92B | 2.08B | 2.2B | 2.03B | 414.3M | 1.84B | 1.87B | 1.58B | 298.5M | 1.95B | 1.96B | 1.6B | 396.8M | 2.1B | 2.07B | 1.72B | 388.6M | 2.04B | 2.66B | 2.22B |
| Current Ratio | 0.68x | 0.56x | 0.66x | 0.66x | 0.67x | 0.67x | 0.92x | 0.66x | 0.65x | 0.66x | 0.64x | 0.72x | 0.69x | 0.54x | 0.58x | 0.60x | 0.63x | 0.74x | 0.85x | 0.78x |
| Quick Ratio | 0.40x | 0.36x | 0.39x | 0.40x | 0.43x | 0.44x | 0.67x | 0.39x | 0.38x | 0.40x | 0.36x | 0.41x | 0.40x | 0.32x | 0.35x | 0.35x | 0.40x | 0.49x | 0.62x | 0.54x |
| Cash Conversion Cycle | -22.91 | -17.14 | -16.68 | -20.05 | -21.51 | -22.99 | -22.53 | -20.91 | -22.47 | -14.7 | -10.86 | -14.99 | -18.83 | -16.47 | -15.5 | -17.05 | -22.51 | -14.35 | -8.99 | -13.96 |
| Total Non-Current Liabilities | 15.86B | 14.36B | 15.51B | 15.54B | 16B | 15.32B | 15.92B | 14.95B | 14.79B | 14.11B | 13.7B | 13.74B | 13.22B | 11.3B | 11.74B | 11.69B | 12.28B | 14.23B | 14.3B | 13.63B |
| Long-Term Debt | 12.42B | 10.99B | 12.16B | 12.22B | 12.67B | 11.84B | 12.44B | 11.43B | 11.3B | 11.02B | 10.53B | 10.52B | 9.97B | 8.14B | 8.62B | 8.47B | 9.13B | 10.94B | 10.97B | 10.33B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 302.8M | 0 | 0 | 0 | 282.8M | 0 | 0 | 0 | 257M | 0 | 0 | 0 | 248.3M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 2.27B | 2.13B | 2.09B | 2.06B | 2.1B | 2.26B | 2.23B | 2.2B | 2.2B | 2.02B | 2.03B | 2.08B | 2.11B | 2.15B | 2.19B | 2.26B | 2.22B | 2.17B | 2.15B | 2.08B |
| Other Non-Current Liabilities | 1.18B | 1.24B | 1.26B | 1.26B | 925.8M | 1.21B | 1.25B | 1.33B | 1B | 1.07B | 1.14B | 1.13B | 883M | 1.01B | 930.1M | 949.1M | 680.8M | 1.12B | 1.18B | 1.22B |
| Total Liabilities | 22.64B | 23.05B | 23.22B | 23.5B | 23.86B | 23.19B | 23.95B | 22.24B | 21.82B | 21.17B | 21.6B | 20.8B | 20.75B | 20.72B | 20.95B | 20.28B | 20.3B | 21.07B | 22.12B | 21.76B |
| Total Debt | 13.54B | 13.97B | 13.73B | 14.41B | 15.3B | 14.19B | 14.52B | 13.32B | 13.32B | 12.51B | 12.65B | 12.28B | 12.06B | 11.59B | 11.74B | 11.56B | 11.98B | 12.27B | 12.67B | 12.95B |
| Net Debt | 13.08B | 13.18B | 13.05B | 13.45B | 14.93B | 13.67B | 12.23B | 12.85B | 12.9B | 11.93B | 12.06B | 11.79B | 11.48B | 10.97B | 11.1B | 10.97B | 11.41B | 11.43B | 11.65B | 12.24B |
| Debt / Equity | 1.83x | 1.49x | 1.47x | 1.51x | 1.66x | 1.49x | 1.54x | 1.40x | 1.38x | 1.29x | 1.31x | 1.17x | 1.13x | 1.11x | 1.13x | 1.07x | 1.11x | 1.22x | 1.22x | 1.23x |
| Debt / EBITDA | - | 20.40x | 15.86x | 7.73x | 23.92x | 13.83x | 12.03x | 13.72x | 14.48x | 11.84x | 13.45x | 11.51x | 12.65x | 13.36x | 12.50x | 9.48x | 10.36x | 12.79x | 13.46x | 13.08x |
| Net Debt / EBITDA | - | 19.26x | 15.07x | 7.22x | 23.35x | 13.32x | 10.13x | 13.23x | 14.02x | 11.28x | 12.82x | 11.05x | 12.04x | 12.65x | 11.81x | 8.99x | 9.87x | 11.91x | 12.38x | 12.36x |
| Interest Coverage | -13.73x | 4.16x | 5.91x | 5.21x | 4.84x | 5.68x | 8.74x | 6.72x | 6.10x | 7.51x | 7.72x | 7.87x | 12.92x | 9.55x | 9.04x | 7.32x | 12.42x | 5.95x | 9.96x | 7.78x |
| Total Equity | 7.38B | 9.36B | 9.33B | 9.52B | 9.21B | 9.51B | 9.45B | 9.53B | 9.65B | 9.69B | 9.63B | 10.52B | 10.7B | 10.48B | 10.37B | 10.83B | 10.79B | 10.08B | 10.37B | 10.57B |
| Equity Growth % | -19.87% | -1.64% | -1.27% | -0.08% | -4.53% | -1.84% | -1.9% | -9.4% | -9.83% | -7.56% | -7.14% | -2.87% | -0.82% | 4.05% | 0.06% | 2.42% | 3.95% | 2.98% | 9.81% | 13.13% |
| Book Value per Share | 13.75 | 17.25 | 17.20 | 17.55 | 16.74 | 17.14 | 16.86 | 16.90 | 16.92 | 16.92 | 16.51 | 17.78 | 17.90 | 17.50 | 17.23 | 17.86 | 17.67 | 16.45 | 16.91 | 17.19 |
| Total Shareholders' Equity | 7.37B | 9.34B | 9.32B | 9.51B | 9.2B | 9.26B | 9.2B | 9.28B | 9.4B | 9.44B | 9.38B | 10.26B | 10.45B | 10.23B | 10.12B | 10.57B | 10.54B | 9.81B | 9.52B | 9.69B |
| Common Stock | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M | 75.5M |
| Retained Earnings | 20.51B | 22.53B | 22.55B | 22.79B | 21.92B | 21.64B | 21.34B | 21.21B | 20.97B | 20.42B | 20.08B | 20.16B | 19.84B | 19.23B | 18.99B | 19.03B | 18.53B | 17.71B | 17.36B | 17.38B |
| Treasury Stock | -11.9B | -11.9B | -11.91B | -11.87B | -11.47B | -11.17B | -10.87B | -10.6B | -10.36B | -9.97B | -9.68B | -8.87B | -8.41B | -8.22B | -8.02B | -7.68B | -7.28B | -7.02B | -6.92B | -6.71B |
| Accumulated OCI | -2.52B | -2.54B | -2.57B | -2.6B | -2.54B | -2.47B | -2.52B | -2.58B | -2.52B | -2.3B | -2.3B | -2.29B | -2.28B | -2.04B | -2.08B | -2B | -1.97B | -2.12B | -2.36B | -2.4B |
| Minority Interest | 12.2M | 13.7M | 12.4M | 12.3M | 12M | 249.4M | 248.5M | 251M | 251.8M | 254.5M | 253.1M | 253M | 250.4M | 249.2M | 250.9M | 250.8M | 245.6M | 262.8M | 841.8M | 877.5M |