Unrecognized Tax Benefits Prior Period Decreases
General Mills Unrecognized Tax Benefits Prior Period Decreases remained flat by 0.0% to $700K in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 94.9%, from $13.8M to $700K. Over 3 years (FY 2022 to FY 2025), Unrecognized Tax Benefits Prior Period Decreases shows a downward trend with a -20.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
A decrease in these reserves is generally positive as it suggests that historical tax risks are being resolved or expiring.
Detailed definition
This metric represents the reduction in reserves for uncertain tax positions from prior periods, typically due to the ex...
Peer comparison
Standard disclosure in the tax footnote regarding the movement of uncertain tax positions.
adi_unrecognized_tax_benefits_prior_period_decreasesHistorical Data
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $5.5M | $900K | $55.2M | $2.8M |
| YoY Change | — | -83.6% | >999% | -94.9% |
Unrecognized Tax Benefits Prior Period Decreases at Other Companies
Frequently Asked Questions
- What is General Mills's unrecognized tax benefits prior period decreases?
- General Mills (GIS) reported unrecognized tax benefits prior period decreases of $700K in Q1 2025.
- How has General Mills's unrecognized tax benefits prior period decreases changed year-over-year?
- General Mills's unrecognized tax benefits prior period decreases decreased by 94.9% year-over-year, from $13.8M to $700K.
- What is the long-term trend for General Mills's unrecognized tax benefits prior period decreases?
- Over 3 years (2022 to 2025), General Mills's unrecognized tax benefits prior period decreases has grown at a -20.2% compound annual growth rate (CAGR), from $5.5M to $2.8M.
- What does unrecognized tax benefits prior period decreases mean?
- Reductions in tax reserves for uncertain positions taken in prior years.