General Mills Reports Exit Costs, Details Debt Maturities

Ticker: GIS · Form: 8-K · Filed: 2025-10-01T00:00:00.000Z

Sentiment: neutral

Topics: debt, restructuring, disposal

Related Tickers: GIS

TL;DR

General Mills is booking exit costs and has a complex debt structure with notes maturing through 2034.

AI Summary

On September 25, 2025, General Mills, Inc. reported costs associated with exit or disposal activities. The filing details various debt instruments, including M0.125 Notes due 2025, M0.450 Notes due 2026, M1.500 Notes due 2027, M3.907 Notes due 2029, M3.560 Notes due 2030, M3.600 Notes due 2032, and M3.850 Notes due 2034, all with a reporting date of September 25, 2025.

Why It Matters

This filing indicates potential restructuring or divestiture activities by General Mills, which could impact future financial performance and operational focus.

Risk Assessment

Risk Level: medium — The reporting of exit or disposal costs suggests potential business changes or impairments, while the detailed debt schedule highlights significant financial obligations.

Key Numbers

Key Players & Entities

FAQ

What specific activities are classified as 'Cost Associated with Exit or Disposal Activities'?

The filing does not specify the exact nature of these costs, only that they are related to exit or disposal activities.

What is the total principal amount of the debt instruments listed?

The filing lists several debt instruments with varying principal amounts (e.g., M0.125, M0.450, M1.500, M3.907, M3.560, M3.600, M3.850), but a consolidated total is not provided in this excerpt.

Are there any significant financial implications or estimates associated with these exit costs?

This specific excerpt does not provide details on the financial implications or estimates of the exit costs.

What is the purpose of reporting these specific debt instruments on this 8-K?

The filing indicates these debt instruments were relevant as of September 25, 2025, likely related to the company's financial reporting or significant events.

Does the 'Cost Associated with Exit or Disposal Activities' relate to any specific segment or product line of General Mills?

The provided text does not specify which segment or product line these costs are associated with.

From the Filing

0001193125-25-225852.txt : 20251001 0001193125-25-225852.hdr.sgml : 20251001 20251001070534 ACCESSION NUMBER: 0001193125-25-225852 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250925 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities FILED AS OF DATE: 20251001 DATE AS OF CHANGE: 20251001 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MILLS INC CENTRAL INDEX KEY: 0000040704 STANDARD INDUSTRIAL CLASSIFICATION: GRAIN MILL PRODUCTS [2040] ORGANIZATION NAME: 04 Manufacturing EIN: 410274440 STATE OF INCORPORATION: DE FISCAL YEAR END: 0530 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01185 FILM NUMBER: 251362547 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 8-K 1 d935094d8k.htm 8-K 8-K GENERAL MILLS INC false 0000040704 0000040704 2025-09-25 2025-09-25 0000040704 us-gaap:CommonStockMember 2025-09-25 2025-09-25 0000040704 gis:M0.125NotesDue20257Member 2025-09-25 2025-09-25 0000040704 gis:M0.450NotesDue20261Member 2025-09-25 2025-09-25 0000040704 gis:M1.500NotesDue20272Member 2025-09-25 2025-09-25 0000040704 gis:M3.907NotesDue20293Member 2025-09-25 2025-09-25 0000040704 gis:M3.560NotesDue20304Member 2025-09-25 2025-09-25 0000040704 gis:M3.600NotesDue20325Member 2025-09-25 2025-09-25 0000040704 gis:M3.850NotesDue20346Member 2025-09-25 2025-09-25     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 25, 2025     General Mills, Inc. (Exact name of Registrant as Specified in Its Charter)       Delaware   001-01185   41-0274440 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.) Number One General Mills Boulevard Minneapolis , Minnesota   55426 (Address of Principal Executive Offices)   (Zip Code) Registrant’s Telephone Number, Including Area Code: (763) 764-7600 Not Applicable (Former Name or Former Address, if Changed Since Last Report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $.10 par value   GIS   New York Stock Exchange 0.125% Notes due 2025   GIS 25A   New York Stock Exchange 0.450% Notes due 2026   GIS 26   New York Stock Exchange 1.500% Notes due 2027   GIS 27   New York Stock Exchange 3.907% Notes due 2029   GIS 29   New York Stock Exchange 3.560% Notes due 2030   GIS 30A   New York Stock Exchange 3.600% Notes due 2032   GIS 32   New York Stock Exchange 3.850% Notes due 2034   GIS 34   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth compa

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