Current Liabilities

Compensation and benefits

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

Analysis

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

How to read this metric

An increase often correlates with seasonal bonus cycles or headcount growth, while a decrease may signal payout timing changes.

Detailed definition

This represents short-term obligations to employees, including unpaid wages, bonuses, commissions, and vacation pay. It...

Peer comparison

Service-based companies typically carry higher employee-related liabilities than capital-intensive firms.

Metric ID: current_liabilities_employee_related_liabilities_current

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 compensation and benefits?
General Mills (GIS) reported compensation and benefits of $311.70M in Q1 2025.
What is the long-term trend for General Mills's compensation and benefits?
Over 3 years (2022 to 2025), General Mills's compensation and benefits has grown at a -10.6% compound annual growth rate (CAGR), from $435.60M to $311.70M.
What does compensation and benefits mean?
Short-term debts owed to employees for earned wages, bonuses, and benefits.