Below are the financial statements of General Mills, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2024 as of 2024-05-26 | 2023 as of 2023-05-28 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 0.42a | 0.59a |
| Receivables | 1.7a | 1.68a |
| Inventories | 1.9a | 2.17a |
| Prepaid expenses and other current assets | 0.57a | 0.74a |
| Total current assets | 4.58a | 5.18a |
| Land, buildings, and equipment | 3.86a | 3.64a |
| Goodwill | 14.75a | 14.51a |
| Other intangible assets | 6.98a | 6.97a |
| Other assets | 1.29a | 1.16a |
| Total assets | 31.47a | 31.45a |
| Liabilities and equity | — | — |
| Current liabilities | — | — |
| Accounts payable | 3.99a | 4.19a |
| Current portion of long-term debt | 1.61a | 1.71a |
| Notes payable | 0.01a | 0.03a |
| Other current liabilities | 1.42a | 1.6a |
| Total current liabilities | 7.03a | 7.54a |
| Long-term debt | 11.3a | 9.97a |
| Deferred income taxes | 2.2a | 2.11a |
| Other liabilities | 1.28a | 1.14a |
| Total liabilities | 21.82a | 20.75a |
| Stockholders’ equity | — | — |
| Common stock | 0.08a | 0.08a |
| Additional paid-in capital | 1.23a | 1.22a |
| Retained earnings | 20.97a | 19.84a |
| Common stock in treasury, at cost | -10.36a | -8.41a |
| Accumulated other comprehensive loss | -2.52a | -2.28a |
| Total stockholders’ equity | 9.4a | 10.45a |
| Noncontrolling interests | 0.25a | 0.25a |
| Total equity | 9.65a | 10.7a |
| Total liabilities and equity | 31.47a | 31.45a |
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