Operating
Pension Expense
General Mills Pension Expense increased by 4.3% to -$6.70M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 97.1%, from -$3.40M to -$6.70M. Over 3 years (FY 2021 to FY 2025), Pension Expense shows an upward trend with a -27.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalHigher is better
VolatilityStable
First reportedQ1 2014
Last reportedQ3 2026Mar 18, 2026
How to read this metric
Higher non-cash expenses increase the add-back to net income, improving reported operating cash flow without affecting actual cash reserves.
Detailed definition
Captures the non-cash portion of pension and postretirement benefit costs, such as amortization of actuarial gains or lo...
Peer comparison
Standard adjustment for companies with legacy defined benefit pension plans.
Metric ID:
pension_and_postretirement_expenseHistorical Data
19 periods
| Q4 '21 | Q1 '22 | Q2 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$8.10M | -$7.20M | -$7.20M | -$19.50M | -$6.70M | -$6.80M | -$6.70M | -$7.40M | -$5.30M | -$8.20M | -$6.70M | -$6.80M | -$3.20M | -$3.30M | -$3.40M | -$2.80M | -$6.70M | -$7.00M | -$6.70M |
| QoQ Change | — | +11.1% | +0.0% | -170.8% | +65.6% | -1.5% | +1.5% | -10.4% | +28.4% | -54.7% | +18.3% | -1.5% | +52.9% | -3.1% | -3.0% | +17.6% | -139.3% | -4.5% | +4.3% |
| YoY Change | — | — | — | -140.7% | +6.9% | +5.6% | — | +62.1% | +20.9% | -20.6% | +0.0% | +8.1% | +39.6% | +59.8% | +49.3% | +58.8% | -109.4% | -112.1% | -97.1% |
Range-$19.50M – -$2.80M
CAGR-4.1%
Avg YoY Growth-11.3%
Median YoY Growth+6.9%
Pension Expense at Other Companies
Frequently Asked Questions
- What is General Mills's pension expense?
- General Mills (GIS) reported pension expense of -$6.70M in Q4 2025.
- How has General Mills's pension expense changed year-over-year?
- General Mills's pension expense decreased by 97.1% year-over-year, from -$3.40M to -$6.70M.
- What is the long-term trend for General Mills's pension expense?
- Over 3 years (2021 to 2025), General Mills's pension expense has grown at a -27.7% compound annual growth rate (CAGR), from -$33.60M to -$12.70M.
- What does pension expense mean?
- Non-cash accounting charges related to employee pension and retirement benefit plans.