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Discontinued — last reported Q1 '23

Business Segments · Goodwill

Europe And Australia — Goodwill

General Mills Europe And Australia — Goodwill decreased by 6.5% to $674.6M in Q2 2022 compared to the prior quarter. Year-over-year, this metric grew by 28.2%, from $526.4M to $674.6M.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2023Sep 21, 2022
Rolls up toGoodwill

How to read this metric

An increase suggests recent acquisitions, while a decrease may indicate impairment charges or divestitures.

Detailed definition

Represents the carrying value of goodwill allocated to the Europe and Australia business segment. This asset arises from...

Peer comparison

Standard across multinational consumer goods companies reporting segment-level intangible assets.

Metric ID: gis_segment_europe_and_australia_goodwill

Historical Data

6 periods
 Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23
Value$978.2M$526.4M$527.7M$740.3M$721.6M$674.6M
QoQ Change-46.2%+0.2%+40.3%-2.5%-6.5%
YoY Change-26.2%+28.2%
Range$526.4M$978.2M
CAGR-25.7%
Avg YoY Growth+1.0%
Median YoY Growth+1.0%
Current Streak2 quarters decline

Frequently Asked Questions

What is General Mills's europe and australia — goodwill?
General Mills (GIS) reported europe and australia — goodwill of $674.6M in Q2 2022.
How has General Mills's europe and australia — goodwill changed year-over-year?
General Mills's europe and australia — goodwill increased by 28.2% year-over-year, from $526.4M to $674.6M.
What does europe and australia — goodwill mean?
The total value of intangible assets like brand reputation recorded for the Europe and Australia business unit.