GENERAL MILLS INC company info

CIK 40704
IRS Number 410274440
State of incorporation DE
Business address NUMBER ONE GENERAL MILLS BLVD
None
MINNEAPOLIS
MN
55426
Mail address P O BOX 1113
None
MINNEAPOLIS
MN
55440

Short summary

GENERAL MILLS INC is a Minnesota company, with head office located at Number One General Mills Blvd Minneapolis, Minnesota 55426. The company achieved a record breaking net income in 2017 - 2.13 billion USD. In 2018 the company owned a total of 30.11 billion USD worth of assets, including 4.19 billion USD worth of current assets. 2017 was the year when the company amassed the most assets.

GENERAL MILLS INC Income Statement

Name [in Millions USD]200420052006200720082009201020112012201320142015201620172018Trends
Cost of Goods and Services Sold 10,05210,304.8011,108.40
Selling, General and Administrative Expense 2,177.702,389.302,6252,893.203,162.703,1923,380.703,552.303,474.303,3283,118.902,801.302,850.102,935.80
Research and development 208.20218.30235245.40237.90243.60229.40222.10218.20219.10221.90
Operating Income (Loss) 1,9592,057.802,229.202,3252,606.102,774.502,562.402,851.802,957.402,077.302,707.402,566.402,419.902,515.90
Interest expense 399.60426.50399.70382.80401.60346.30351.90316.90302.40315.40303.80295.10373.70521.80
Income Tax Expense (Benefit) 538.30560.10622.20720.40771.20721.10709.60741.20883.30586.80755.20655.2057.30367.80
Net income 1,090.301,143.901,294.701,304.401,530.501,798.301,567.301,855.201,824.401,221.301,697.401,657.502,1311,752.70

GENERAL MILLS INC Balance Sheet

Name [in Millions USD]200420052006200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 573.30647.40417.10661749.80673.20619.60471.20741.40867.30334.20763.70766.10399450
Nontrade Receivables, Current 101.40104.70103.80193.10153.90148.80159.30163.70174.40250.20
Inventories 1,173.401,366.801,346.801,3441,609.301,478.801,545.501,559.401,540.901,413.701,483.601,642.201,559.30
Deferred income taxes 67.20015.6042.7027.3059.7012874.10100.1086.20
Collateral Already Posted, Aggregate Fair Value 4.303.90257.50
Property, Plant and Equipment, Gross 6,949.707,492.108,284.708,932.909,393.109,591.109,503.509,526.6010,003.2010,080.50
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 3,8224,146.204,6325,054.805,451.205,807.805,759.905,838.905,9566,293.30
Goodwill 6,835.406,786.106,6636,592.806,750.808,182.508,622.208,650.508,874.908,741.208,747.2014,06513,995.80
Intangible Assets, Net (Excluding Goodwill) 3,6943,777.203,7473,7153,813.304,704.905,015.105,014.304,6774,538.604,530.407,445.107,166.80
Other Assets, Noncurrent 1,586.701,750.20895763.40862.50865.30843.701,145.50811.20751.70785.90943974.90
Total assets 18,183.7019,041.6017,874.8017,678.9018,674.5021,096.8022,65823,145.7021,932.1021,712.3021,812.6030,62430,111.20
Current assets 3,053.703,6203,534.903,4803,9023,691.404,298.904,393.503,785.703,937.204,061.404,123.704,186.50
Accounts payable 803.40849.50995.101,148.901,423.201,611.301,6842,046.502,119.802,746.202,854.10
Taxes Payable, Current 440.2080.4039.208863.1020.70110.505894.8037.50
Total current liabilities 5,845.104,856.303,6063,769.103,659.203,843.205,293.905,423.504,890.105,014.705,330.807,341.907,087.10
Long-term Debt, Excluding Current Maturities 5,542.506,161.905,926.106,423.507,575.307,057.707,642.9012,668.7011,642.60
Long-term Debt 5,375.806,573.806,943.90
Deferred income taxes 1,433.101,454.601,165.30874.601,127.401,171.401,389.101,6661,550.301,399.601,719.402,003.802,031
Total liabilities 11,725.8012,583.5012,458.3012,030.9012,062.3013,366.3014,56215,156.2015,792.9015,559.6016,216.2023,355.4022,191.80
Common Stock, Value, Issued 50.2037.7075.5075.5075.5075.5075.5075.5075.5075.5075.5075.5075.50
Retained Earnings (Accumulated Deficit) 5,745.306,510.707,235.608,122.409,191.309,958.5010,702.6011,787.2011,990.8012,616.5013,138.9014,459.6014,996.70
Accumulated Other Comprehensive Income (Loss), Net of Tax -119.70176.70-877.80-1,486.90-1,010.80-1,743.70-1,585.30-1,340.30-2,310.70-2,612.20-2,244.50-2,429-2,625.40

GENERAL MILLS INC Cash Flow

Name [in Millions USD]200420052006200720082009201020112012201320142015201620172018Trends
Net income 1,090.301,143.901,294.701,304.401,530.501,798.301,567.301,855.201,824.401,221.301,697.401,657.502,1311,752.70
Depreciation and amortization 423.90417.80459.20453.60457.10
Depreciation and amortization 453.60457.10472.60541.50588585.40588.30608.10603.60618.80620.10
Depreciation and amortization 457.10472.60541.50588585.40588.30608.10603.60618.80620.10
Deferred Income Tax Expense (Benefit) 25.902698.10215.8022.30205.30149.4081.80172.5025.30120.60183.90-504.3096
Accounts receivable 8.90-24.2094.10-81.80121.1069.8024.2044.6041-6.806.9069.20122.7042.70
Inventories -5.60-116165.1028.1016.70240-144.50-18.7088.3024.20146.1061.50-15.60-53.70
Net Cash Provided by (Used in) Operating Activities 1,843.501,751.201,729.901,828.202,181.201,531.102,407.202,9262,5412,542.802,764.202,415.202,8412,807
Payments to Acquire Property, Plant, and Equipment -360-460.20-522562.60649.90648.80675.90613.90663.50712.40729.30684.40622.70537.60
Payments to Acquire Businesses, Net of Cash Acquired -26.50-83.40-0.6000123.301,050.108980822.308408,035.800
Net Cash Provided by (Used in) Investing Activities -370-597.10-442.40-288.90-721.20-715.10-1,870.80-1,515.40-561.80-1,602.2093.40-646.90-8,685.40-556.50
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -561.80-1,602.2093.40-646.90
Proceeds from Issuance of Long-term Debt 02,6501,4501,85001,2001,390.501,001.101,6732,253.20542.501,072.106,550339.10
Proceeds from Issuance of Common Stock 00969.900
Payments for Repurchase of Common Stock -884.80-1,320.701,432.401,296.40691.801,163.503131,044.901,745.301,161.90606.701,651.50601.601.10
Net Cash Provided by (Used in) Financing Activities -1,404.30-1,398.10-1,093-1,404.50-1,503.80-940.90-666.60-1,140.20-1,824.10-1,384.80-2,420-1,747.405,445.50-2,176.40
Cash and Cash Equivalents, Period Increase (Decrease) 74.10-230.30243.9088.80-76.60-53.60-148.40270.20125.90-533.10429.502.40-367.1051