What is General Mills's international — goodwill impairment?

General Mills (GIS) reported international — goodwill impairment of $117.1M in Q3 2023.

What does international — goodwill impairment mean?

A write-down of the value of international goodwill due to poor performance or market changes.

Discontinued — last reported Q2 '24

StatementSegment

CategoryRisk

SignalLower is better

VolatilityVolatile

First reportedQ2 2024

Last reportedQ2 2024Dec 20, 2023

An increase signals that previous international investments are underperforming or that market conditions have deteriorated.

This is the non-cash charge recognized when the carrying amount of goodwill in the international segment exceeds its imp...

Standard impairment testing disclosure under GAAP/IFRS.

Metric ID: gis_segment_international_goodwill_impairment_loss

1 periods

	Q2 '24
Value	$117.1M

What is General Mills's international — goodwill impairment?: General Mills (GIS) reported international — goodwill impairment of $117.1M in Q3 2023.
What does international — goodwill impairment mean?: A write-down of the value of international goodwill due to poor performance or market changes.