Other

Construction work in progress

General Mills Construction work in progress decreased by 33.5% to $598.10M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Construction work in progress shows an upward trend with a 6.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ4 2022
Last reportedQ4 2025Jun 26, 2025

How to read this metric

An increase suggests significant capital investment for future capacity or modernization, while a decrease may indicate project completions or a slowdown in infrastructure spending.

Detailed definition

This represents the total costs incurred for capital projects that are currently under construction but not yet placed i...

Peer comparison

Peers in the regulated utility sector typically maintain high levels of CWIP due to constant grid modernization and regulatory mandates.

Metric ID: other_construction_in_progress_gross

Historical Data

4 periods
 Q4 '22Q4 '23Q4 '24Q4 '25
Value$492.80M$746.70M$899.90M$598.10M
QoQ Change+51.5%+20.5%-33.5%
YoY Change+51.5%+20.5%-33.5%
Range$492.80M$899.90M
Avg YoY Growth+12.8%
Median YoY Growth+20.5%

Frequently Asked Questions

What is General Mills's construction work in progress?
General Mills (GIS) reported construction work in progress of $598.10M in Q1 2025.
What is the long-term trend for General Mills's construction work in progress?
Over 3 years (2022 to 2025), General Mills's construction work in progress has grown at a 6.7% compound annual growth rate (CAGR), from $492.80M to $598.10M.
What does construction work in progress mean?
The total cost of capital projects currently being built but not yet operational.