Tax
State & Local Tax (Deferred)
General Mills State & Local Tax (Deferred) remained flat by 0.0% to -$825.00K in Q1 2025 compared to the prior quarter. Year-over-year, this metric declined by 134.0%, from $2.43M to -$825.00K. Over 4 years (FY 2021 to FY 2025), State & Local Tax (Deferred) shows a downward trend with a -29.8% CAGR.
Analysis
StatementIncome Statement
SectionTax
CategoryEfficiency
SignalContext dependent
VolatilityModerate
First reportedQ1 2021
Last reportedQ4 2025Jun 26, 2025
How to read this metric
Changes reflect the impact of state-specific tax laws on the timing of tax payments.
Detailed definition
The portion of the income tax provision that is deferred to future periods due to temporary differences between financia...
Peer comparison
Standard tax disclosure for companies with significant regional operations.
Metric ID:
msft_deferred_state_and_local_tax_expenseHistorical Data
5 years
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $13.60M | $18.30M | -$8.10M | $9.70M | -$3.30M |
| YoY Change | — | +34.6% | -144.3% | +219.8% | -134.0% |
Range-$8.10M – $18.30M
CAGR-29.8%
Avg YoY Growth-6.0%
Median YoY Growth-49.7%
State & Local Tax (Deferred) at Other Companies
Frequently Asked Questions
- What is General Mills's state & local tax (deferred)?
- General Mills (GIS) reported state & local tax (deferred) of -$825.00K in Q1 2025.
- How has General Mills's state & local tax (deferred) changed year-over-year?
- General Mills's state & local tax (deferred) decreased by 134.0% year-over-year, from $2.43M to -$825.00K.
- What is the long-term trend for General Mills's state & local tax (deferred)?
- Over 4 years (2021 to 2025), General Mills's state & local tax (deferred) has grown at a -29.8% compound annual growth rate (CAGR), from $13.60M to -$3.30M.
- What does state & local tax (deferred) mean?
- State and local taxes that are recognized in the current period but will be paid or realized in future periods.