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General Mills GIS Payment related to business acquisition

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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$19.18B-28.3%
Enterprise value$31.61B-22.6%
P/S-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:PaymentsToAcquireBusinessesGross.

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 itemFiscal Year / 2026Fiscal Year / 2025Fiscal Year / 2024
Net cash provided by operating activities2,166.22,918.23,302.6
Cash Flows - Investing Activities
Purchases of land, buildings, and equipment(539.9)(625.3)(774.1)
Acquisitions, net of cash acquired(1,419.3)(451.9)
Proceeds from divestitures1,830.2241.8
Investments in affiliates, net(31.8)13.3(2.7)
Proceeds from disposal of land, buildings, and equipment4.81.10.8
Other, net(5.1)(6.5)30.5

ITEM 8 - Financial Statements and Supplementary Data

FAQ

What is General Mills's payment related to business acquisition?
General Mills (GIS) reported payment related to business acquisition of $0 in Q1 2026.
How has General Mills's payment related to business acquisition changed year-over-year?
General Mills's payment related to business acquisition decreased by 100.0% year-over-year, from $2M to $0.
What is the long-term trend for General Mills's payment related to business acquisition?
Over 3 years (2022 to 2026), General Mills's payment related to business acquisition has grown at a -100.0% compound annual growth rate (CAGR), from $1.2B to $0.
What does payment related to business acquisition mean?
Cash outflows used for the acquisition of other companies or business units. This reflects the company's inorganic growth strategy and capital deployment for market expansion.

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