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General Mills GIS Impairment Charges
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Where this comes from
Reported directly by General Mills in its filing.
Tagged under the XBRL concept us-gaap:RestructuringCostsAndAssetImpairmentCharges.
The source filing: General Mills’s 10-K, filed July 1, 2026.
- Filed
- Jul 1, 2026, 3:20 PM EDT
- Fiscal year
- FY2026
- Accession
- 0001628280-26-046466
| Line item | Fiscal Year / 2026 | Fiscal Year / 2025 | Fiscal Year / 2024 |
|---|---|---|---|
| Pension and other postretirement benefit plan contributions | (31.7) | (30.8) | (30.1) |
| Pension and other postretirement benefit plan costs | (23.7) | (12.7) | (27.0) |
| Divestitures gain, net | (1,049.4) | (95.9) | — |
| Restructuring, transformation, impairment, and other exit costs | 2,897.7 | 74.3 | 223.5 |
| Changes in current assets and liabilities, excluding the effects of acquisitions and divestitures | (478.3) | 192.4 | 10.6 |
| Other, net | (16.4) | (24.8) | 41.9 |
| Net cash provided by operating activities | 2,166.2 | 2,918.2 | 3,302.6 |
| Cash Flows - Investing Activities |
ITEM 8 - Financial Statements and Supplementary Data
FAQ
- What is General Mills's impairment charges?
- General Mills (GIS) reported impairment charges of $2.79B in Q1 2026.
- How has General Mills's impairment charges changed year-over-year?
- General Mills's impairment charges increased by 3488.9% year-over-year, from $77.7M to $2.79B.
- What is the long-term trend for General Mills's impairment charges?
- Over 4 years (2022 to 2026), General Mills's impairment charges has grown at a 123.0% compound annual growth rate (CAGR), from -$117.1M to $2.9B.
- What does impairment charges mean?
- Non-cash asset impairment charges added back in the operating cash flow reconciliation since they don't represent cash outflows.
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