General Mills Quarterly Balance Sheet
NYSE: GISConsumer StaplesPackaged FoodsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
General Mills financial position
As of Aug 30, 2026, General Mills reported total assets of $30.27 billion, down 8.3% from a year earlier against total liabilities of $22.81 billion. Shareholders' equity stood at $7.45 billion, or 24.6% of assets. The company held $433.1 million in cash and equivalents against $13.62 billion of debt, a net debt position of $13.18 billion.
The current ratio (current assets divided by current liabilities) was 0.70, meaning short-term obligations exceed short-term assets. Debt-to-equity was 1.83.
Summary generated from market data by MetaCap's automated system. Methodology
General Mills balance sheet (quarterly)
| Quarter (USD) | Q1 20272026-08-30 | Q4 20262026-05-31 | Q3 20262026-02-22 | Q2 20262025-11-23 | Q1 20262025-08-24 | Q4 20252025-05-25 | Q3 20252025-02-23 | Q2 20252024-11-24 | Q1 20252024-08-25 | Q4 20242024-05-26 | Q3 20242024-02-25 | Q2 20242023-11-26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 433.10M | 453.80M | 785.50M | 683.40M | 952.90M | 363.90M | 521.30M | 2.29B | 468.10M | 418.00M | 588.60M | 593.80M |
| Receivables | 1.78B | 1.65B | 1.86B | 1.89B | 1.80B | 1.80B | 1.79B | 1.78B | 1.84B | 1.70B | 1.77B | 1.76B |
| Inventory | 2.16B | 1.92B | 1.76B | 2.05B | 2.05B | 1.91B | 1.81B | 1.97B | 2.00B | 1.90B | 1.83B | 2.17B |
| Total Current Assets | 4.88B | 4.62B | 4.89B | 5.07B | 5.24B | 5.28B | 5.26B | 7.38B | 4.81B | 4.58B | 4.65B | 5.05B |
| Property, Plant & Equipment | 3.38B | 3.44B | 3.49B | 3.51B | 3.58B | 3.63B | 3.46B | 3.46B | 3.78B | 3.86B | 3.64B | 3.60B |
| Goodwill | 14.11B | 14.12B | 15.63B | 15.60B | 15.66B | 15.62B | 15.52B | 14.43B | 14.79B | 14.75B | 14.43B | 14.44B |
| Intangible Assets | 6.71B | 6.72B | 7.03B | 7.02B | 7.09B | 7.08B | 7.06B | 6.74B | 6.98B | 6.98B | 6.96B | 6.96B |
| Total Assets | 30.27B | 30.02B | 32.40B | 32.55B | 33.02B | 33.07B | 32.71B | 33.40B | 31.77B | 31.47B | 30.86B | 31.23B |
| Accounts Payable | 3.72B | 3.73B | 3.63B | 3.93B | 3.74B | 4.01B | 3.69B | 4.07B | 3.82B | 3.99B | 3.61B | 3.82B |
| Short-Term Debt | 1.25B | 1.12B | 2.98B | 1.57B | 2.19B | 2.21B | 2.35B | 2.09B | 1.89B | 1.63B | 1.50B | 2.12B |
| Total Current Liabilities | 6.94B | 6.77B | 8.69B | 7.71B | 7.96B | 7.86B | 7.88B | 8.02B | 7.29B | 7.03B | 7.06B | 7.90B |
| Long-Term Debt | 12.37B | 12.42B | 10.99B | 12.16B | 12.22B | 12.67B | 11.84B | 12.44B | 11.43B | 11.30B | 11.02B | 10.53B |
| Total Liabilities | 22.81B | 22.64B | 23.05B | 23.22B | 23.50B | 23.86B | 23.19B | 23.95B | 22.24B | 21.82B | 21.17B | 21.60B |
| Shareholders' Equity | 7.45B | 7.37B | 9.34B | 9.32B | 9.51B | 9.20B | 9.26B | 9.20B | 9.28B | 9.40B | 9.44B | 9.38B |
| Retained Earnings | 20.58B | 20.51B | 22.53B | 22.55B | 22.79B | 21.92B | 21.64B | 21.34B | 21.21B | 20.97B | 20.42B | 20.08B |
| Total Debt | 13.62B | 13.54B | 13.97B | 13.73B | 14.41B | 14.88B | 14.19B | 14.52B | 13.32B | 12.93B | 12.51B | 12.65B |
| Net Cash (Debt) | -13.18B | -13.08B | -13.18B | -13.05B | -13.45B | -14.51B | -13.67B | -12.23B | -12.85B | -12.51B | -11.93B | -12.06B |
This table shows 12 quarterly periods of General Mills's balance sheet, from Q1 2027 back to Q2 2024, 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?