General Mills, Inc.: 10-K filed 2010-07-09
What General Mills, Inc. reported in its annual report filed 2010-07-09 (fiscal FY 2010): 34 published measures, 90 facts as tagged in accession 0000950123-10-064517.
This filing
- Form
- 10-K (annual report)
- Filed
- 2010-07-09
- Fiscal period
- fiscal FY 2010
- Accession
- 0000950123-10-064517 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All General Mills, Inc. filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 17,678,900,000 | USD | |
| At 2009-05-31 | 17,874,800,000 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 12,030,900,000 | USD | |
| At 2009-05-31 | 12,458,300,000 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 5,402,900,000 | USD | |
| At 2009-05-31 | 5,172,300,000 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 673,200,000 | USD | |
| At 2009-05-31 | 749,800,000 | USD | |
| At 2008-05-25 | 661,000,000 | USD | |
| At 2007-05-27 | 417,100,000 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 1,530,500,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 1,304,400,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 1,294,700,000 | USD | 364 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 2,181,200,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 1,828,200,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 1,729,900,000 | USD | 364 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 649,900,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 562,600,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 522,000,000 | USD | 364 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | -1,503,800,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | -1,404,500,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | -1,093,000,000 | USD | 364 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | -721,200,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | -288,900,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | -442,400,000 | USD | 364 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 8,122,400,000 | USD | |
| At 2009-05-31 | 7,235,600,000 | USD |
Basic earnings per share
Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 2.32 | USD/shares | 364 |
| 2008-05-26 to 2009-05-31 | 1.96 | USD/shares | 371 |
| 2007-05-28 to 2008-05-25 | 1.93 | USD/shares | 364 |
Diluted earnings per share
Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 2.24 | USD/shares | 364 |
| 2008-05-26 to 2009-05-31 | 1.9 | USD/shares | 371 |
| 2007-05-28 to 2008-05-25 | 1.85 | USD/shares | 364 |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 771,200,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 720,400,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 622,200,000 | USD | 364 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 3,127,700,000 | USD | |
| At 2009-05-31 | 3,034,900,000 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 107,300,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 117,700,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 133,200,000 | USD | 364 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 2,606,100,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 2,325,000,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 2,229,200,000 | USD | 364 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 3,480,000,000 | USD | |
| At 2009-05-31 | 3,534,900,000 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 401,600,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 382,800,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 399,700,000 | USD | 364 |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 3,769,100,000 | USD | |
| At 2009-05-31 | 3,606,000,000 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 849,500,000 | USD | |
| At 2009-05-31 | 803,400,000 | USD |
Goodwill carrying amount
Recognized goodwill remaining after accumulated impairment. It arises from business combinations and does not measure the current value of the company’s brand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 6,592,800,000 | USD | |
| At 2009-05-31 | 6,663,000,000 | USD |
Common-stock repurchase payments
Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 691,800,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 1,296,400,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 1,432,400,000 | USD | 364 |
Net inventory
Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 1,344,000,000 | USD | |
| At 2009-05-31 | 1,346,800,000 | USD |
Selling, general and administrative expense
Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 3,236,100,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 2,951,800,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 2,623,600,000 | USD | 364 |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | -1,486,900,000 | USD | |
| At 2009-05-31 | -877,800,000 | USD |
Total equity including noncontrolling interests
Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 5,648,000,000 | USD | |
| At 2009-05-31 | 5,416,500,000 | USD | |
| At 2008-05-25 | 6,458,800,000 | USD | |
| At 2007-05-27 | 6,457,900,000 | USD |
Net intangible assets excluding goodwill
Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 3,715,000,000 | USD | |
| At 2009-05-31 | 3,747,000,000 | USD |
Other noncurrent assets
Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 763,400,000 | USD | |
| At 2009-05-31 | 895,000,000 | USD |
Other noncurrent liabilities
Noncurrent liabilities the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2010-05-30 | 2,118,700,000 | USD | |
| At 2009-05-31 | 1,932,200,000 | USD |
Profit or loss including noncontrolling interests
Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 1,535,000,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 1,313,700,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 1,318,100,000 | USD | 364 |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 926,100,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 261,600,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 1,614,500,000 | USD | 364 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 22,300,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 215,800,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 98,100,000 | USD | 364 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 121,100,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | -81,800,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 94,100,000 | USD | 364 |
Change in inventories
The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2009-06-01 to 2010-05-30 | 16,700,000 | USD | 364 |
| 2008-05-26 to 2009-05-31 | 28,100,000 | USD | 371 |
| 2007-05-28 to 2008-05-25 | 165,100,000 | USD | 364 |
Inspect the source
- Entity
- General Mills, Inc. / CIK 0000040704
- Captured
- SEC response SHA-256
b9dbf97a234f35547994c2a5daea96e09a32f82a7488842a2136e919fd36c9d4
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