General Mills Files 2024 10-K

Ticker: GIS · Form: 10-K · Filed: 2024-06-26T00:00:00.000Z

Sentiment: neutral

Topics: 10-K, annual-report, financials

TL;DR

General Mills dropped its 2024 10-K. All systems go.

AI Summary

General Mills Inc. filed its 10-K for the fiscal year ending May 26, 2024, reporting on its financial performance and business operations. The company, headquartered in Minneapolis, MN, is a major player in the grain mill products industry. This filing provides a comprehensive overview of its financial health, strategic initiatives, and risk factors for investors.

Why It Matters

This 10-K filing provides crucial insights into General Mills' financial standing and strategic direction, impacting investors and stakeholders by detailing performance and future outlook.

Risk Assessment

Risk Level: medium — The filing is a standard annual report and does not contain immediate red flags or significant new risks.

Key Numbers

Key Players & Entities

FAQ

What was General Mills' net income for the fiscal year ending May 26, 2024?

The provided snippet does not contain specific net income figures for the fiscal year ending May 26, 2024.

What are the main segments of General Mills' business as detailed in the 10-K?

The snippet does not detail the specific business segments of General Mills.

What is the total amount of debt General Mills has as of May 26, 2024?

The provided text does not include information on General Mills' total debt.

What were the significant capital expenditures made by General Mills during the fiscal year?

Information regarding capital expenditures is not present in the provided excerpt.

Are there any new acquisitions or divestitures mentioned in the 10-K filing?

The provided snippet does not mention any new acquisitions or divestitures.

From the Filing

0001193125-24-168943.txt : 20240626 0001193125-24-168943.hdr.sgml : 20240626 20240626145047 ACCESSION NUMBER: 0001193125-24-168943 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 148 CONFORMED PERIOD OF REPORT: 20240526 FILED AS OF DATE: 20240626 DATE AS OF CHANGE: 20240626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MILLS INC CENTRAL INDEX KEY: 0000040704 STANDARD INDUSTRIAL CLASSIFICATION: GRAIN MILL PRODUCTS [2040] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 410274440 STATE OF INCORPORATION: DE FISCAL YEAR END: 0530 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01185 FILM NUMBER: 241073071 BUSINESS ADDRESS: STREET 1: NUMBER ONE GENERAL MILLS BLVD CITY: MINNEAPOLIS STATE: MN ZIP: 55426 BUSINESS PHONE: (763) 764-7600 MAIL ADDRESS: STREET 1: P O BOX 1113 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 10-K 1 d764890d10k.htm 10-K 10-K False 2024 --05-26 754.6 0.10 0.10 0.10 1 1 May 31, 2026 2018 2019 2020 2021 2022 three years three years 0000040704 FY May 26, 2024 May 28, 2023 4/30/2026 P4Y P4Y P4Y ☑ http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent 4/17/2025 2/10/2027 4/27/2027 4/17/2028 4/13/2029 10/14/2031 3/29/2033 4/17/2038 6/15/2040 2/15/2043 4/17/2048 4/17/2028 3/29/2033 4/13/2029 4/17/2025 2/10/2027 4/15/2030 1/15/2026 2/1/2051 11/15/2025 11/8/2024 10/23/2030 4/23/2034 11/18/2025 1/30/2027 10/17/2028 10/14/2031 4/17/2048 2/15/2043 4/27/2027 6/15/2040 4/17/2038 11/8/2024 7/27/2023 2/15/2024 10/17/2023 11/10/2023 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent false false false false 0000040704 2023-05-29 2024-05-26 0000040704 2022-05-30 2023-05-28 0000040704 2021-05-31 2022-05-29 0000040704 2023-05-28 0000040704 2024-05-26 0000040704 us-gaap:TreasuryStockCommonMember 2023-05-29 2024-05-26 0000040704 us-gaap:TreasuryStockCommonMember 2022-05-30 2023-05-28 0000040704 us-gaap:TreasuryStockCommonMember 2021-05-31 2022-05-29 0000040704 2022-05-29 0000040704 2021-05-30 0000040704 us-gaap:EmployeeSeveranceMember 2021-05-30 0000040704 gis:OtherExitCostsMember 2021-05-30 0000040704 us-gaap:EmployeeSeveranceMember 2021-05-31 2022-05-29 0000040704 gis:OtherExitCostsMember 2021-05-31 2022-05-29 0000040704 us-gaap:EmployeeSeveranceMember 2022-05-29 0000040704 gis:OtherExitCostsMember 2022-05-29 0000040704 us-gaap:EmployeeSeveranceMember 2022-05-30 2023-05-28 0000040704 gis:OtherExitCostsMember 2022-05-30 2023-05-28 0000040704 gis:OtherExitCostsMember 2023-05-28 0000040704 us-gaap:EmployeeSeveranceMember 2023-05-28 0000040704 gis:NorthAmericaRetailSegmentMember 2021-05-30 0000040704 gis:PetSegmentMember 2021-05-30 0000040704 gis:NorthAmericaFoodserviceMember 2021-05-30 0000040704 gis:InternationalMember 2021-05-30 0000040704 gis:NorthAmericaRetailSegmentMember 2021-05-31 2022-05-29 0000040704 gis:PetSegmentMember 2021-05-31 2022-05-29 0000040704 gis:NorthAmericaFoodserviceMember 2021-05-31 2022-05-29 0000040704 gis:InternationalMember 2021-05-31 2022-05-29 0000040704 gis:PetSegmentMember 2022-05-29 0000040704 gis:NorthAmericaFoodserviceMember 2022-05-29 0000040704 gis:NorthAmericaRetailSegmentMember 2022-05-29 0000040704 gis:InternationalMember 2022-05-29 0000040704 gis:NorthAmericaRetailSegmentMember 2022-05-30 2023-05-28 0000040704 gis:PetSegmentMember 2022-05-30 2023-05-28 0000040704 gis:NorthAmericaFoodserviceMember 2022-05-30 2023-05-28 0000040704 gis:InternationalMember 2022-05-30 2023-05-28 0000040704 gis:NorthAmericaRetailSegmentMember 2023-05-28 0000040704 gis:PetSegmentMember 2023-05-28 0000040704 gis:NorthAmericaFoodserviceMember 2023-05-28 0000040704 gis:InternationalMember 2023-05-28 0000040704 gis:NorthAmericaRetailSegmentMember 2023-05-29 2024-05-26 0000040704 gis:PetSegmentMember 2023-05-29 2024-05-26

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