Non-Current Assets
Prepaid pension assets
General Mills Prepaid pension assets increased by 62.4% to $144.70M in Q1 2025 compared to the prior quarter. Over 3 years (FY 2022 to FY 2025), Prepaid pension assets shows an upward trend with a 40.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025Jun 26, 2025
How to read this metric
An increase indicates a stronger funding position for retirement plans, potentially reducing future cash contribution requirements.
Detailed definition
This represents the fair value of plan assets in excess of the projected benefit obligation for defined benefit pension...
Peer comparison
Common among mature industrial firms with legacy pension plans; peers often report this as a net pension asset.
Metric ID:
non_current_assets_defined_benefit_plan_assets_for_plan__8fec15Historical Data
4 periods
| Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|
| Value | $52.60M | $51.80M | $89.10M | $144.70M |
| QoQ Change | — | -1.5% | +72.0% | +62.4% |
| YoY Change | — | -1.5% | +72.0% | +62.4% |
Range$51.80M – $144.70M
Avg YoY Growth+44.3%
Median YoY Growth+62.4%
Current Streak2 quarters growth
Prepaid pension assets at Other Companies
Frequently Asked Questions
- What is General Mills's prepaid pension assets?
- General Mills (GIS) reported prepaid pension assets of $144.70M in Q1 2025.
- What is the long-term trend for General Mills's prepaid pension assets?
- Over 3 years (2022 to 2025), General Mills's prepaid pension assets has grown at a 40.1% compound annual growth rate (CAGR), from $52.60M to $144.70M.
- What does prepaid pension assets mean?
- The surplus value of pension plan assets over the company's pension obligations.