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General Mills GIS Non-Controlling Interests

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Other financials

Income statement

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Revenue$4.6B+1.2%
Gross profit$1.6B+8.8%
Operating income$524.6M-41.1%
Net income-$2.0B-783%
EPS (diluted)-$3.74-806%

Balance sheet

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Cash & equivalents$453.8M+24.7%
Total debt$12.9B-15.8%
Total equity$7.4B-19.9%
Total assets$30.0B-9.2%

Cash flow

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Operating cash flow$552.0M-9.7%
CapEx$184.4M-16.3%
Free cash flow$367.6M-6.1%

Valuation

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Market cap$19.69B-26.4%
Enterprise value$32.12B-21.4%
P/S1.1×-0.3×

Profitability

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Gross margin33%-2.3pp
Operating margin4.8%-12.2pp
Net margin-0.5%-12.3pp
FCF margin5%-6.8pp

Returns & leverage

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Return on equity-1.1%-25.8pp
Debt / equity1.8×+0.2×
Current ratio0.7×0.0×

Where this comes from

Reported directly by General Mills in its filing.

Tagged under the XBRL concept us-gaap:MinorityInterest.

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 itemMay 31, 2026May 25, 2025
Additional paid-in capital1,200.91,218.8
Retained earnings20,514.921,917.8
Common stock in treasury, at cost, shares of 220.9 and 212.2(11,900.6)(11,467.9)
Accumulated other comprehensive loss(2,522.3)(2,545.0)
Total stockholders’ equity7,368.49,199.2
Noncontrolling interests12.212.0
Total equity7,380.69,211.2
Total liabilities and equity$30,016.7$33,071.1

ITEM 8 - Financial Statements and Supplementary Data

FAQ

What is General Mills's non-controlling interests?
General Mills (GIS) reported non-controlling interests of $12.2M in Q1 2026.
How has General Mills's non-controlling interests changed year-over-year?
General Mills's non-controlling interests increased by 1.7% year-over-year, from $12M to $12.2M.
What is the long-term trend for General Mills's non-controlling interests?
Over 5 years (2021 to 2026), General Mills's non-controlling interests has grown at a -47.4% compound annual growth rate (CAGR), from $302.8M to $12.2M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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