Penalties and interest accrued on unrecognized tax benefits
General Mills Penalties and interest accrued on unrecognized tax benefits increased by 11.6% to $27.00M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Penalties and interest accrued on unrecognized tax benefits shows relatively stable performance with a 0.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increasing trend suggests prolonged tax disputes or a higher likelihood of unfavorable audit outcomes.
Detailed definition
The cumulative amount of interest and penalties accrued related to unrecognized tax benefits. This reflects the financia...
Peer comparison
Varies significantly based on the aggressiveness of tax planning and the intensity of regulatory audits in the company's operating jurisdictions.
other_unrecognized_tax_benefits_income_tax_penalties_and_f243c1Historical Data
| Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|
| Value | $26.60M | $32.40M | $24.20M | $27.00M |
| QoQ Change | — | +21.8% | -25.3% | +11.6% |
| YoY Change | — | +21.8% | -25.3% | +11.6% |
Penalties and interest accrued on unrecognized tax benefits at Other Companies
Frequently Asked Questions
- What is General Mills's penalties and interest accrued on unrecognized tax benefits?
- General Mills (GIS) reported penalties and interest accrued on unrecognized tax benefits of $27.00M in Q1 2025.
- What is the long-term trend for General Mills's penalties and interest accrued on unrecognized tax benefits?
- Over 3 years (2022 to 2025), General Mills's penalties and interest accrued on unrecognized tax benefits has grown at a 0.5% compound annual growth rate (CAGR), from $26.60M to $27.00M.
- What does penalties and interest accrued on unrecognized tax benefits mean?
- The total interest and penalties accrued on uncertain tax positions.