Quarterly
Annual
| Unit: USD | 2022-02-27 | 2021-11-28 | 2021-08-29 | 2021-05-30 | 2021-02-28 | 2020-11-29 | 2020-08-30 | 2020-05-31 | 2020-02-23 | 2019-11-24 | 2019-08-25 | 2019-05-26 | 2019-02-24 | 2018-11-25 | 2018-08-26 | 2018-05-27 | 2018-02-25 | 2017-11-26 | 2017-08-27 | 2017-05-28 | 2017-02-26 | 2016-11-27 | 2016-08-28 | 2016-05-29 | 2016-02-28 | 2015-11-29 | 2015-08-30 | 2015-05-31 | 2015-02-22 | 2014-11-23 | 2014-08-24 | 2014-05-25 | 2014-02-23 | 2013-11-24 | 2013-08-25 | 2013-05-26 | 2013-02-24 | 2012-11-25 | 2012-08-26 | 2012-05-27 | 2012-02-26 | 2011-11-27 | 2011-08-28 | 2011-05-29 | 2011-02-27 | 2010-11-28 | 2010-08-29 | 2010-05-30 | 2010-02-28 | 2009-11-29 | 2009-08-30 | 2009-02-22 | 2008-11-23 | 2008-08-24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 4,537,700,000 | 5,024,000,000 | 4,539,900,000 | 4,520,000,000 | 4,719,400,000 | 4,364,000,000 | 4,180,300,000 | 4,420,800,000 | 4,002,500,000 | 4,198,300,000 | 4,411,200,000 | 4,094,000,000 | 11,858,100,000 | 3,882,300,000 | 4,198,700,000 | 3,769,200,000 | 11,826,600,000 | 3,793,200,000 | 4,112,100,000 | 3,907,900,000 | 4,002,400,000 | 4,424,900,000 | 4,207,900,000 | 13,279,400,000 | 4,350,900,000 | 4,712,200,000 | 4,268,400,000 | 13,532,200,000 | 4,377,400,000 | 4,875,700,000 | 4,372,700,000 | 13,343,500,000 | 4,430,600,000 | 4,881,800,000 | 4,051,000,000 | 12,537,800,000 | 4,120,100,000 | 4,623,800,000 | 3,847,600,000 | 11,234,000,000 | 3,646,200,000 | 4,066,600,000 | 3,533,100,000 | 11,167,400,000 | 3,629,100,000 | 4,078,200,000 | 3,518,800,000 | 3,537,400,000 | 4,010,800,000 | 3,497,300,000 | ||||
cost of sales | 3,134,000,000 | 3,392,800,000 | 2,942,500,000 | 2,966,100,000 | 2,998,300,000 | 2,773,600,000 | 2,777,100,000 | 2,851,700,000 | 2,613,000,000 | 2,755,300,000 | 2,901,500,000 | 2,751,200,000 | 656,750,000 | 2,627,000,000 | 2,755,700,000 | 2,459,100,000 | 7,570,500,000 | 2,485,500,000 | 2,592,600,000 | 2,491,000,000 | 2,644,900,000 | 2,884,300,000 | 2,653,300,000 | 8,706,100,000 | 2,975,000,000 | 3,093,100,000 | 2,829,700,000 | 8,675,100,000 | 2,864,700,000 | 3,114,000,000 | 2,759,700,000 | 8,442,300,000 | 2,907,900,000 | 3,139,500,000 | 2,422,700,000 | 8,000,500,000 | 2,612,700,000 | 3,029,100,000 | 2,401,100,000 | 553,850,000 | 2,215,400,000 | 2,432,600,000 | 2,008,800,000 | 562,900,000 | 2,251,600,000 | 2,332,100,000 | 2,060,100,000 | 2,259,900,000 | 2,791,200,000 | 2,305,600,000 | ||||
gross profit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
yoy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
qoq | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
gross margin % | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
selling, general, and administrative expenses | 751,400,000 | 828,800,000 | 757,400,000 | 716,300,000 | 804,100,000 | 736,200,000 | 746,600,000 | 759,000,000 | 718,900,000 | 696,600,000 | 753,300,000 | 742,700,000 | 2,097,500,000 | 655,100,000 | 711,600,000 | 679,100,000 | 2,113,700,000 | 687,600,000 | 708,100,000 | 712,200,000 | 755,800,000 | 772,700,000 | 811,200,000 | 2,538,600,000 | 789,400,000 | 845,500,000 | 867,200,000 | 2,632,200,000 | 842,100,000 | 890,900,000 | 875,400,000 | 2,677,800,000 | 874,500,000 | 910,600,000 | 839,000,000 | 2,542,000,000 | 838,700,000 | 877,100,000 | 807,500,000 | 2,401,800,000 | 790,200,000 | 810,100,000 | 762,900,000 | 2,426,500,000 | 809,600,000 | 842,500,000 | 766,600,000 | 671,000,000 | 729,400,000 | 719,400,000 | ||||
divestitures gain | -170,100,000 | 13,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring, impairment, and other exit costs | 7,100,000 | 2,300,000 | -4,300,000 | 11,000,000 | 400,000 | 500,000 | 5,800,000 | -1,100,000 | 8,200,000 | 59,700,000 | 209,400,000 | -1,400,000 | 1,875,000 | 7,500,000 | 1,600,000 | 5,200,000 | 105,000,000 | 77,600,000 | 29,000,000 | 58,900,000 | 16,900,000 | 61,300,000 | 60,100,000 | 494,600,000 | 49,300,000 | 214,600,000 | 14,000,000 | 700,000 | 2,800,000 | 13,700,000 | 6,100,000 | 2,700,000 | 9,200,000 | 101,500,000 | 100,000 | 700,000 | 100,000 | 25,000 | 100,000 | 1,000,000 | 1,000,000 | 1,575,000 | 6,300,000 | 24,900,000 | -800,000 | 1,200,000 | 2,500,000 | 2,700,000 | ||||||
operating profit | 815,300,000 | 800,100,000 | 844,300,000 | 826,600,000 | 916,600,000 | 853,700,000 | 650,800,000 | 811,200,000 | 662,400,000 | 651,300,000 | 547,000,000 | 601,500,000 | 1,916,600,000 | 592,700,000 | 729,800,000 | 625,800,000 | 2,023,900,000 | 542,500,000 | 768,900,000 | 645,800,000 | 586,300,000 | 905,700,000 | 683,300,000 | 1,540,100,000 | 537,200,000 | 559,000,000 | 557,500,000 | 2,286,800,000 | 670,600,000 | 870,100,000 | 734,800,000 | 2,209,700,000 | 642,100,000 | 829,000,000 | 780,100,000 | 1,893,800,000 | 668,600,000 | 716,900,000 | 638,900,000 | 163,700,000 | 654,800,000 | 822,900,000 | 760,400,000 | 140,400,000 | 561,600,000 | 878,700,000 | 692,900,000 | 605,300,000 | 616,500,000 | 469,600,000 | ||||
benefit plan non-service income | -27,100,000 | -27,700,000 | -29,600,000 | -33,400,000 | -32,900,000 | -33,300,000 | -30,300,000 | -30,200,000 | -30,200,000 | -21,400,000 | -21,000,000 | -20,900,000 | ||||||||||||||||||||||||||||||||||||||||||
interest | 86,500,000 | 92,700,000 | 95,900,000 | 106,000,000 | 100,600,000 | 111,100,000 | 109,800,000 | 119,400,000 | 118,700,000 | 130,800,000 | 132,700,000 | 133,500,000 | 22,325,000 | 89,300,000 | 74,900,000 | 72,400,000 | 218,700,000 | 76,400,000 | 75,500,000 | 73,900,000 | 77,200,000 | 73,800,000 | 75,300,000 | 235,400,000 | 80,000,000 | 77,300,000 | 78,500,000 | 226,900,000 | 75,500,000 | 68,700,000 | 78,800,000 | 240,300,000 | 76,600,000 | 75,500,000 | 83,000,000 | 255,900,000 | 96,000,000 | 87,200,000 | 85,400,000 | 21,250,000 | 85,000,000 | 81,600,000 | 90,300,000 | 23,550,000 | 94,200,000 | 88,500,000 | 91,900,000 | 100,400,000 | 98,500,000 | 88,700,000 | ||||
earnings before income taxes and after-tax earnings from joint ventures | 755,900,000 | 735,100,000 | 778,000,000 | 754,000,000 | 848,900,000 | 775,900,000 | 571,300,000 | 722,000,000 | 541,900,000 | 435,300,000 | 488,900,000 | 125,850,000 | 503,400,000 | 654,900,000 | 553,400,000 | 1,805,200,000 | 466,100,000 | 693,400,000 | 571,900,000 | 509,100,000 | 831,900,000 | 608,000,000 | 1,304,700,000 | 457,200,000 | 481,700,000 | 479,000,000 | 2,059,900,000 | 595,100,000 | 801,400,000 | 656,000,000 | 1,969,400,000 | 565,500,000 | 753,500,000 | 697,100,000 | 1,637,900,000 | 572,600,000 | 629,700,000 | 553,500,000 | 142,450,000 | 569,800,000 | 741,300,000 | 670,100,000 | 116,850,000 | 467,400,000 | 790,200,000 | 601,000,000 | 504,900,000 | 518,000,000 | 380,900,000 | |||||
income taxes | 123,200,000 | 159,700,000 | 168,900,000 | 162,000,000 | 189,400,000 | 170,800,000 | 118,200,000 | 155,500,000 | 67,200,000 | 95,800,000 | 106,600,000 | 110,700,000 | -108,125,000 | -432,500,000 | 234,900,000 | 168,500,000 | 548,200,000 | 107,000,000 | 227,400,000 | 176,600,000 | 157,600,000 | 311,500,000 | 198,600,000 | 470,300,000 | 116,500,000 | 153,400,000 | 152,600,000 | 682,400,000 | 200,900,000 | 266,700,000 | 212,000,000 | 567,000,000 | 174,200,000 | 245,400,000 | 158,100,000 | 522,300,000 | 187,300,000 | 209,400,000 | 177,500,000 | 45,425,000 | 181,700,000 | 160,700,000 | 223,000,000 | 39,475,000 | 157,900,000 | 261,600,000 | 203,200,000 | 231,700,000 | 173,100,000 | 133,200,000 | ||||
after-tax earnings from joint ventures | 29,900,000 | 33,000,000 | 29,100,000 | 11,800,000 | 36,400,000 | 41,300,000 | 10,800,000 | 24,900,000 | 21,800,000 | 11,800,000 | 22,500,000 | 17,700,000 | 4,150,000 | 16,600,000 | 23,800,000 | 23,700,000 | 73,900,000 | 11,100,000 | 29,800,000 | 24,200,000 | 16,200,000 | 23,200,000 | 25,700,000 | 71,200,000 | 13,100,000 | 27,100,000 | 26,000,000 | 66,800,000 | 22,800,000 | 26,100,000 | 24,100,000 | 77,500,000 | 21,300,000 | 32,900,000 | 23,100,000 | 72,700,000 | 15,500,000 | 28,900,000 | 28,300,000 | 91,000,000 | 5,400,000 | 34,700,000 | 26,500,000 | 77,700,000 | 24,000,000 | 38,200,000 | 24,200,000 | 15,700,000 | 33,300,000 | 30,800,000 | ||||
net earnings, including earnings attributable to redeemable and noncontrolling interests | 662,600,000 | 608,400,000 | 638,200,000 | 603,800,000 | 695,900,000 | 646,400,000 | 463,900,000 | 591,400,000 | 457,900,000 | 351,200,000 | 395,900,000 | 238,125,000 | 952,500,000 | 443,800,000 | 408,600,000 | 1,330,900,000 | 370,200,000 | 495,800,000 | 419,500,000 | 367,700,000 | 543,600,000 | 435,100,000 | 905,600,000 | 353,800,000 | 355,400,000 | 352,400,000 | 1,444,300,000 | 417,000,000 | 560,800,000 | 468,100,000 | 1,479,900,000 | 412,600,000 | 541,000,000 | 562,100,000 | 1,188,300,000 | 400,800,000 | 449,200,000 | 404,300,000 | ||||||||||||||||
net earnings attributable to redeemable and noncontrolling interests | 2,300,000 | 11,200,000 | 11,200,000 | 8,100,000 | 7,500,000 | 7,500,000 | 9,800,000 | 10,600,000 | 11,100,000 | 7,800,000 | 3,600,000 | 2,775,000 | 11,100,000 | 13,300,000 | 3,900,000 | 31,200,000 | 12,400,000 | 14,000,000 | 10,500,000 | 6,000,000 | 14,100,000 | 8,500,000 | 27,500,000 | 10,600,000 | 9,300,000 | 7,200,000 | 30,500,000 | 6,400,000 | 10,900,000 | 8,800,000 | 23,100,000 | 14,200,000 | -600,000 | 13,200,000 | 12,500,000 | 9,300,000 | 4,400,000 | -1,300,000 | ||||||||||||||||
net earnings attributable to general mills | 660,300,000 | 597,200,000 | 627,000,000 | 595,700,000 | 688,400,000 | 638,900,000 | 454,100,000 | 580,800,000 | 520,600,000 | 446,800,000 | 343,400,000 | 392,300,000 | 1,189,600,000 | 941,400,000 | 430,500,000 | 404,700,000 | 1,299,700,000 | 357,800,000 | 481,800,000 | 409,000,000 | 361,700,000 | 529,500,000 | 426,600,000 | 878,100,000 | 343,200,000 | 346,100,000 | 345,200,000 | 1,413,800,000 | 410,600,000 | 549,900,000 | 459,300,000 | 1,456,800,000 | 398,400,000 | 541,600,000 | 548,900,000 | 1,175,800,000 | 391,500,000 | 444,800,000 | 405,600,000 | 1,406,200,000 | 392,100,000 | 613,900,000 | 472,100,000 | |||||||||||
earnings per share – basic | 1.09 | 0.98 | 1.03 | 0.97 | ||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share – diluted | 1.08 | 0.97 | 1.02 | 0.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share - basic | 1.12 | 1.04 | 0.75 | 0.96 | 0.86 | 0.74 | 0.57 | 0.66 | 0.41 | 1.64 | 0.75 | 0.7 | 2.2 | 0.62 | 0.82 | 0.68 | 0.61 | 0.88 | 0.71 | 1.45 | 0.57 | 0.58 | 0.56 | 2.24 | 0.66 | 0.87 | 0.71 | 2.25 | 0.61 | 0.84 | 0.84 | 1.81 | 0.61 | 0.63 | 0.153 | 0.61 | 0.96 | 0.73 | 0.25 | 1 | 1.72 | 1.29 | 0.88 | 1.14 | 0.83 | |||||||||
earnings per share - diluted | 1.11 | 1.03 | 0.74 | 0.95 | 0.85 | 0.74 | 0.57 | 0.65 | 0.405 | 1.62 | 0.74 | 0.69 | 2.16 | 0.61 | 0.8 | 0.67 | 0.59 | 0.87 | 0.69 | 1.41 | 0.56 | 0.56 | 0.55 | 2.19 | 0.64 | 0.84 | 0.7 | 2.19 | 0.6 | 0.82 | 0.82 | 1.77 | 0.58 | 0.61 | 0.148 | 0.59 | 0.92 | 0.7 | 0.24 | 0.96 | 1.66 | 1.25 | 0.85 | 1.09 | 0.79 | |||||||||
divestiture loss | 35,400,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends per share | 0.49 | 0.49 | 0.49 | 0.49 | 0.49 | 0.123 | 0.49 | 0.49 | 0.49 | 1.44 | 0.48 | 0.48 | 0.48 | 0.44 | 0.44 | 0.44 | 1.26 | 0.41 | 0.41 | 0.41 | 1.17 | 0.38 | 0.38 | 0.38 | 0.99 | 0.33 | 0.33 | 0.33 | 0.915 | 0.305 | 0.305 | 0.305 | 0.07 | 0.28 | 0.28 | 0.28 | 0.123 | 0.49 | 0.47 | 0.47 | 0.43 | 0.43 | 0.43 | |||||||||||
earnings before income taxes and after-tax earnings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
from joint ventures | 573,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings, including earnings attributable to | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable and noncontrolling interests | 528,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings attributable to redeemable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
and noncontrolling interests | 7,900,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
divestitures | -1,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
divestiture | -199,100,000 | -3,575,000 | -14,300,000 | -128,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share—basic | 0.69 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share—diluted | 0.67 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings, including earnings attributable to noncontrolling interests | 98,375,000 | 393,500,000 | 615,300,000 | 473,600,000 | 83,375,000 | 333,500,000 | 566,800,000 | 422,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net earnings attributable to noncontrolling interests | 350,000 | 1,400,000 | 1,400,000 | 1,500,000 | 250,000 | 1,000,000 | 1,300,000 | 1,400,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net earnings | 83,125,000 | 332,500,000 | 565,500,000 | 420,600,000 | 288,900,000 | 378,200,000 | 278,500,000 |
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