Non-Current Assets

Property, plant and equipment at cost

General Mills Property, plant and equipment at cost decreased by 5.9% to $10.45B in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Property, plant and equipment at cost shows relatively stable performance with a 0.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025Jun 26, 2025

How to read this metric

An increase reflects ongoing capital investment and expansion of the asset base, while a decrease suggests asset divestitures or retirements.

Detailed definition

This represents the total historical cost of all tangible long-lived assets, including land, buildings, machinery, and u...

Peer comparison

Large-scale utilities typically show high gross PPE values due to the capital-intensive nature of power generation and distribution.

Metric ID: non_current_assets_property_plant_and_equipment_gross

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '25
Value$10.21B$10.57B$11.10B$10.45B
QoQ Change+3.5%+5.0%-5.9%
YoY Change+3.5%+5.0%-5.9%
Range$10.21B$11.10B
Avg YoY Growth+0.9%
Median YoY Growth+3.5%

Frequently Asked Questions

What is General Mills's property, plant and equipment at cost?
General Mills (GIS) reported property, plant and equipment at cost of $10.45B in Q1 2025.
What is the long-term trend for General Mills's property, plant and equipment at cost?
Over 3 years (2022 to 2025), General Mills's property, plant and equipment at cost has grown at a 0.8% compound annual growth rate (CAGR), from $10.21B to $10.45B.
What does property, plant and equipment at cost mean?
The total original cost of all physical assets owned by the company before subtracting depreciation.