Current Liabilities

Accrued Expenses

General Mills Accrued Expenses increased by 2.3% to $311.70M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Accrued Expenses shows a downward trend with a -10.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2025Jun 26, 2025

How to read this metric

A steady balance is normal, but a rapid increase could indicate rising operational costs or delays in vendor invoicing.

Detailed definition

This represents liabilities for expenses that have been incurred but not yet invoiced or paid, such as utilities, profes...

Peer comparison

Standard current liability found in almost all corporate balance sheets.

Metric ID: accrued_expenses

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '25
Value$435.60M$426.60M$304.70M$311.70M
QoQ Change-2.1%-28.6%+2.3%
YoY Change-2.1%-28.6%+2.3%
Range$304.70M$435.60M
Avg YoY Growth-9.4%
Median YoY Growth-2.1%

Frequently Asked Questions

What is General Mills's accrued expenses?
General Mills (GIS) reported accrued expenses of $311.70M in Q1 2025.
What is the long-term trend for General Mills's accrued expenses?
Over 3 years (2022 to 2025), General Mills's accrued expenses has grown at a -10.6% compound annual growth rate (CAGR), from $435.60M to $311.70M.
What does accrued expenses mean?
Expenses the company has incurred but has not yet received a bill for or paid.