What is General Mills's defined benefit pension plan liabilities (non-current)?

General Mills (GIS) reported defined benefit pension plan liabilities (non-current) of $5.54B in Q1 2025.

What is the long-term trend for General Mills's defined benefit pension plan liabilities (non-current)?

Over 3 years (2022 to 2025), General Mills's defined benefit pension plan liabilities (non-current) has grown at a -4.3% compound annual growth rate (CAGR), from $6.33B to $5.54B.

Non-Current Liabilities

Defined Benefit Pension Plan Liabilities (Non-Current)

General Mills Defined Benefit Pension Plan Liabilities (Non-Current) decreased by 2.5% to $5.54B in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Defined Benefit Pension Plan Liabilities (Non-Current) shows a downward trend with a -4.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionNon-Current Liabilities

CategoryRisk

SignalLower is better

VolatilityModerate

First reportedQ4 2022

Last reportedQ4 2025Jun 26, 2025

How to read this metric

An increase indicates a growing pension deficit, potentially requiring higher future cash contributions, while a decrease signals improved funding status.

Detailed definition

This represents the long-term liability recognized when the projected benefit obligation of a defined benefit pension pl...

Peer comparison

Standard for mature companies with legacy pension obligations to their workforce.

Metric ID: defined_benefit_plan_liabilities_noncurrent

Historical Data

4 periods

	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$6.33B	$5.81B	$5.68B	$5.54B
QoQ Change	—	-8.2%	-2.1%	-2.5%
YoY Change	—	-8.2%	-2.1%	-2.5%

Range$5.54B – $6.33B

Avg YoY Growth-4.3%

Median YoY Growth-2.5%

Current Streak3+ quarters decline

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Frequently Asked Questions

What is General Mills's defined benefit pension plan liabilities (non-current)?: General Mills (GIS) reported defined benefit pension plan liabilities (non-current) of $5.54B in Q1 2025.
What is the long-term trend for General Mills's defined benefit pension plan liabilities (non-current)?: Over 3 years (2022 to 2025), General Mills's defined benefit pension plan liabilities (non-current) has grown at a -4.3% compound annual growth rate (CAGR), from $6.33B to $5.54B.
What does defined benefit pension plan liabilities (non-current) mean?: The long-term shortfall in funding for company-sponsored pension plans.