Discontinued — last reported Q2 '24

Business Segments · Goodwill Impairment

International — Goodwill Impairment

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ2 2024
Last reportedQ2 2024Dec 20, 2023
Rolls up toGoodwill impairment

How to read this metric

An increase signals that previous international investments are underperforming or that market conditions have deteriorated.

Detailed definition

This is the non-cash charge recognized when the carrying amount of goodwill in the international segment exceeds its imp...

Peer comparison

Standard impairment testing disclosure under GAAP/IFRS.

Metric ID: gis_segment_international_goodwill_impairment_loss

Historical Data

1 periods
 Q2 '24
Value$117.10M

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Frequently Asked Questions

What is General Mills's international — goodwill impairment?
General Mills (GIS) reported international — goodwill impairment of $117.10M in Q3 2023.
What does international — goodwill impairment mean?
A write-down of the value of international goodwill due to poor performance or market changes.