General Mills Balance Sheet
NYSE: GISConsumer StaplesPackaged FoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
General Mills financial position
At the end of fiscal 2026, General Mills reported total assets of $30.02 billion, down 9.2% from a year earlier against total liabilities of $22.64 billion. Shareholders' equity stood at $7.37 billion, or 24.5% of assets. The company held $453.8 million in cash and equivalents against $13.54 billion of debt, a net debt position of $13.08 billion.
The current ratio (current assets divided by current liabilities) was 0.68, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.84.
Summary generated from market data by MetaCap's automated system. Methodology
General Mills balance sheet (annual)
| Fiscal year (USD) | FY 20262026-05-31 | FY 20252025-05-25 | FY 20242024-05-26 | FY 20232023-05-28 | FY 20222022-05-29 | FY 20212021-05-30 | FY 20202020-05-31 | FY 20192019-05-26 | FY 20182018-05-27 | FY 20172017-05-28 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 453.80M | 363.90M | 418.00M | 585.50M | 569.40M | 1.51B | 1.68B | 450.00M | 399.00M | 766.10M |
| Receivables | 1.65B | 1.80B | 1.70B | 1.68B | 1.69B | 1.64B | 1.62B | 1.68B | 1.68B | 1.43B |
| Inventory | 1.92B | 1.91B | 1.90B | 2.17B | 1.87B | 1.82B | 1.43B | 1.56B | 1.64B | 1.48B |
| Total Current Assets | 4.62B | 5.28B | 4.58B | 5.18B | 5.09B | 5.75B | 5.12B | 4.19B | 4.12B | 4.06B |
| Property, Plant & Equipment | 3.44B | 3.63B | 3.86B | 3.64B | 3.39B | 3.61B | 3.58B | 3.79B | 4.05B | 3.69B |
| Goodwill | 14.12B | 15.62B | 14.75B | 14.51B | 14.38B | 14.06B | 13.92B | 14.00B | 14.06B | 8.75B |
| Intangible Assets | 6.72B | 7.08B | 6.98B | 6.97B | 7.00B | 7.15B | 7.10B | 7.17B | 7.45B | 4.53B |
| Total Assets | 30.02B | 33.07B | 31.47B | 31.45B | 31.09B | 31.84B | 30.81B | 30.11B | 30.62B | 21.81B |
| Accounts Payable | 3.73B | 4.01B | 3.99B | 4.19B | 3.98B | 3.65B | 3.25B | 2.85B | 2.75B | 2.12B |
| Short-Term Debt | 1.12B | 2.21B | 1.63B | 1.74B | 2.49B | 2.83B | 2.61B | 2.87B | 3.15B | 1.84B |
| Total Current Liabilities | 6.77B | 7.86B | 7.03B | 7.54B | 8.02B | 8.27B | 7.49B | 7.09B | 7.34B | 5.33B |
| Long-Term Debt | 12.42B | 12.67B | 11.30B | 9.97B | 9.13B | 9.79B | 10.93B | 11.62B | 12.67B | 7.64B |
| Total Liabilities | 22.64B | 23.86B | 21.82B | 20.75B | 20.30B | 21.46B | 21.91B | 22.19B | 23.36B | 16.22B |
| Shareholders' Equity | 7.37B | 9.20B | 9.40B | 10.45B | 10.54B | 9.47B | 8.06B | 7.05B | 6.14B | 4.33B |
| Retained Earnings | 20.51B | 21.92B | 20.97B | 19.84B | 18.53B | 17.07B | 15.98B | 15.00B | 14.46B | 13.14B |
| Total Debt | 13.54B | 14.88B | 12.93B | 11.71B | 11.62B | 12.61B | 13.54B | 14.49B | 15.82B | 9.48B |
| Net Cash (Debt) | -13.08B | -14.51B | -12.51B | -11.12B | -11.05B | -11.11B | -11.86B | -14.04B | -15.42B | -8.72B |
This table shows 10 annual periods of General Mills's balance sheet, from FY 2026 back to FY 2017, across 17 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow GIS's reporting calendar. What is a balance sheet?