What is General Mills's deferred tax liabilities, net?

General Mills (GIS) reported deferred tax liabilities, net of $1.91B in Q1 2025.

What is the long-term trend for General Mills's deferred tax liabilities, net?

Over 3 years (2022 to 2025), General Mills's deferred tax liabilities, net has grown at a -4.8% compound annual growth rate (CAGR), from $2.22B to $1.91B.

What does deferred tax liabilities, net mean?

The amount of income tax the company expects to pay in the future due to temporary accounting differences.

Other

Deferred Tax Liabilities, Net

General Mills Deferred Tax Liabilities, Net decreased by 5.8% to $1.91B in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Deferred Tax Liabilities, Net shows a downward trend with a -4.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement

SectionOther

CategoryRisk

SignalLower is better

VolatilityStable

First reportedQ4 2022

Last reportedQ4 2025Jun 26, 2025

How to read this metric

An increase indicates that the company has recognized more income for accounting purposes than for tax purposes, deferring tax payments to the future.

Detailed definition

This represents the net amount of income taxes payable in future periods as a result of taxable temporary differences. T...

Peer comparison

Commonly found in the balance sheets of all large, multi-jurisdictional corporations.

Metric ID: other_deferred_tax_liabilities

Historical Data

4 periods

	Q4 '22	Q4 '23	Q4 '24	Q4 '25
Value	$2.22B	$2.11B	$2.03B	$1.91B
QoQ Change	—	-4.8%	-3.7%	-5.8%
YoY Change	—	-4.8%	-3.7%	-5.8%

Range$1.91B – $2.22B

Avg YoY Growth-4.8%

Median YoY Growth-4.8%

Current Streak3+ quarters decline

Deferred Tax Liabilities, Net at Other Companies

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Frequently Asked Questions

What is General Mills's deferred tax liabilities, net?: General Mills (GIS) reported deferred tax liabilities, net of $1.91B in Q1 2025.
What is the long-term trend for General Mills's deferred tax liabilities, net?: Over 3 years (2022 to 2025), General Mills's deferred tax liabilities, net has grown at a -4.8% compound annual growth rate (CAGR), from $2.22B to $1.91B.
What does deferred tax liabilities, net mean?: The amount of income tax the company expects to pay in the future due to temporary accounting differences.