Tax
Federal Tax (Deferred)
General Mills Federal Tax (Deferred) remained flat by 0.0% to -$15.65M in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 328.5%, from $6.85M to -$15.65M. Over 4 years (FY 2021 to FY 2025), Federal Tax (Deferred) shows a downward trend with a -14.6% CAGR.
Analysis
StatementIncome Statement
SectionTax
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Significant changes indicate timing differences in depreciation, amortization, or other accounting treatments versus tax code requirements.
Detailed definition
The portion of the income tax provision that is deferred to future periods due to temporary differences between financia...
Peer comparison
Standard tax disclosure for companies with significant capital investments.
Metric ID:
msft_deferred_federal_tax_expenseHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $117.90M | $75.00M | $9.60M | $27.40M | -$62.60M |
| YoY Change | — | -36.4% | -87.2% | +185.4% | -328.5% |
Range-$62.60M – $117.90M
CAGR-14.6%
Avg YoY Growth-66.7%
Median YoY Growth-61.8%
Federal Tax (Deferred) at Other Companies
Frequently Asked Questions
- What is General Mills's federal tax (deferred)?
- General Mills (GIS) reported federal tax (deferred) of -$15.65M in Q1 2025.
- How has General Mills's federal tax (deferred) changed year-over-year?
- General Mills's federal tax (deferred) decreased by 328.5% year-over-year, from $6.85M to -$15.65M.
- What is the long-term trend for General Mills's federal tax (deferred)?
- Over 4 years (2021 to 2025), General Mills's federal tax (deferred) has grown at a -14.6% compound annual growth rate (CAGR), from $117.90M to -$62.60M.
- What does federal tax (deferred) mean?
- Federal taxes that are recognized in the current period but will be paid or realized in future periods.