General Mills, Inc. (FRA:GRM)

General Mills Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	May 26, 2024	May 28, 2023	May 29, 2022	May 30, 2021	May 31, 2020
Cash & Equivalents	418	585.5	569.4	1,505	1,678
Short-Term Investments	-	117.2	249.8	360	-
Cash & Short-Term Investments	418	702.7	819.2	1,865	1,678
Cash Growth	-40.52%	-14.22%	-56.08%	11.17%	272.84%
Accounts Receivable	1,696	1,683	1,692	1,639	1,615
Other Receivables	221.6	285.7	182.8	139.1	85.2
Receivables	1,918	1,969	1,875	1,778	1,700
Inventory	1,898	2,172	1,867	1,821	1,426
Prepaid Expenses	266.1	244.4	213.5	221.7	194.5
Other Current Assets	80.8	88.4	314.9	69.5	122.4
Total Current Assets	4,581	5,176	5,090	5,755	5,121
Property, Plant & Equipment	4,230	3,976	3,731	3,985	3,946
Long-Term Investments	397.9	462	513.8	566.4	566.7
Goodwill	14,751	14,511	14,379	14,062	13,923
Other Intangible Assets	6,980	6,968	7,000	7,151	7,096
Long-Term Deferred Tax Assets	167.5	-	-	-	-
Other Long-Term Assets	363	358.3	377.5	322.6	153.9
Total Assets	31,470	31,452	31,090	31,842	30,807
Accounts Payable	3,988	4,194	3,982	3,654	3,248
Accrued Expenses	895.1	964	980.1	1,095	1,074
Short-Term Debt	11.8	31.7	811.4	361.3	279
Current Portion of Long-Term Debt	1,613	1,709	1,674	2,464	2,332
Current Portion of Leases	102.9	101.9	106.7	111.2	102
Current Income Taxes Payable	82.1	80.9	31.4	37.4	80.3
Other Current Liabilities	340	453.9	433.8	543.3	377.4
Total Current Liabilities	7,033	7,536	8,020	8,266	7,492
Long-Term Debt	11,303	9,965	9,135	9,787	10,929
Long-Term Leases	283.7	257	248.3	283.2	277
Long-Term Deferred Tax Liabilities	2,201	2,111	2,218	2,118	1,947
Other Long-Term Liabilities	1,001	883	680.8	1,010	1,268
Total Liabilities	21,821	20,752	20,302	21,464	21,913
Common Stock	75.5	75.5	75.5	75.5	75.5
Additional Paid-In Capital	1,227	1,222	1,183	1,366	1,349
Retained Earnings	20,972	19,839	18,533	17,070	15,982
Treasury Stock	-10,358	-8,410	-7,278	-6,611	-6,433
Comprehensive Income & Other	-2,520	-2,277	-1,971	-2,429	-2,914
Total Common Equity	9,397	10,450	10,542	9,470	8,059
Minority Interest	251.8	250.4	245.6	907.7	835.6
Shareholders' Equity	9,649	10,700	10,788	10,378	8,894
Total Liabilities & Equity	31,470	31,452	31,090	31,842	30,807
Total Debt	13,315	12,065	11,975	13,006	13,919
Net Cash (Debt)	-12,897	-11,362	-11,156	-11,141	-12,241
Net Cash Per Share	-22.26	-18.90	-18.21	-18.00	-19.96
Filing Date Shares Outstanding	558.15	585.18	597.16	607.21	609.87
Total Common Shares Outstanding	559.1	586.6	598.9	607.7	609.8
Working Capital	-2,452	-2,359	-2,930	-2,511	-2,370
Book Value Per Share	16.81	17.81	17.60	15.58	13.21
Tangible Book Value	-12,334	-11,029	-10,836	-11,743	-12,961
Tangible Book Value Per Share	-22.06	-18.80	-18.09	-19.32	-21.25
Land	57.3	56.5	55.1	67.4	66.1
Buildings	2,640	2,569	2,445	2,543	2,413
Machinery	6,986	6,672	6,492	6,733	6,428
Construction In Progress	899.9	746.7	492.8	395.7	373.5

Source: S&P Global Market Intelligence. Standard template. Financial Sources.