Unrecognized Tax Benefits Prior Period Decreases
General Mills Unrecognized Tax Benefits Prior Period Decreases remained flat by 0.0% to $700.00K in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 94.9%, from $13.80M to $700.00K. Over 3 years (FY 2022 to FY 2025), Unrecognized Tax Benefits Prior Period Decreases shows a downward trend with a -20.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
A decrease often signals the successful resolution of tax uncertainties or the expiration of audit risks.
Detailed definition
Represents the reduction in the liability for unrecognized tax benefits due to changes in tax positions originally taken...
Peer comparison
Standard component of the tax uncertainty reconciliation provided by most large public companies.
adi_unrecognized_tax_benefits_prior_period_decreasesHistorical Data
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $5.50M | $900.00K | $55.20M | $2.80M |
| YoY Change | — | -83.6% | >999% | -94.9% |
Unrecognized Tax Benefits Prior Period Decreases at Other Companies
Frequently Asked Questions
- What is General Mills's unrecognized tax benefits prior period decreases?
- General Mills (GIS) reported unrecognized tax benefits prior period decreases of $700.00K in Q1 2025.
- How has General Mills's unrecognized tax benefits prior period decreases changed year-over-year?
- General Mills's unrecognized tax benefits prior period decreases decreased by 94.9% year-over-year, from $13.80M to $700.00K.
- What is the long-term trend for General Mills's unrecognized tax benefits prior period decreases?
- Over 3 years (2022 to 2025), General Mills's unrecognized tax benefits prior period decreases has grown at a -20.2% compound annual growth rate (CAGR), from $5.50M to $2.80M.
- What does unrecognized tax benefits prior period decreases mean?
- The reduction in tax liability reserves due to resolving or clarifying tax positions from previous years.