Unrecognized Tax Benefits Reevaluation (Statute Lapse)
General Mills Unrecognized Tax Benefits Reevaluation (Statute Lapse) remained flat by 0.0% to $1.58M in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 11.3%, from $1.78M to $1.58M. Over 3 years (FY 2022 to FY 2025), Unrecognized Tax Benefits Reevaluation (Statute Lapse) shows a downward trend with a -9.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
A decrease indicates the removal of tax risk as the company is no longer liable for potential assessments on those specific historical positions.
Detailed definition
Represents the reduction in the liability for unrecognized tax benefits due to the expiration of the statute of limitati...
Peer comparison
Standard disclosure in the tax footnote for all companies subject to multi-jurisdictional tax audits.
isrg_unrecognized_tax_benefits_statute_lapseHistorical Data
| FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|
| Value | $8.50M | $6.90M | $7.10M | $6.30M |
| YoY Change | — | -18.8% | +2.9% | -11.3% |
Unrecognized Tax Benefits Reevaluation (Statute Lapse) at Other Companies
Frequently Asked Questions
- What is General Mills's unrecognized tax benefits reevaluation (statute lapse)?
- General Mills (GIS) reported unrecognized tax benefits reevaluation (statute lapse) of $1.58M in Q1 2025.
- How has General Mills's unrecognized tax benefits reevaluation (statute lapse) changed year-over-year?
- General Mills's unrecognized tax benefits reevaluation (statute lapse) decreased by 11.3% year-over-year, from $1.78M to $1.58M.
- What is the long-term trend for General Mills's unrecognized tax benefits reevaluation (statute lapse)?
- Over 3 years (2022 to 2025), General Mills's unrecognized tax benefits reevaluation (statute lapse) has grown at a -9.5% compound annual growth rate (CAGR), from $8.50M to $6.30M.
- What does unrecognized tax benefits reevaluation (statute lapse) mean?
- The reduction in tax liability reserves because the time limit for tax authorities to audit a past return has expired.