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General Mills GIS Pension Expense

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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:PensionAndOtherPostretirementBenefitExpense.

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
Stock-based compensation79.491.795.3
Deferred income taxes203.2(120.9)(48.5)
Pension and other postretirement benefit plan contributions(31.7)(30.8)(30.1)
Pension and other postretirement benefit plan costs(23.7)(12.7)(27.0)
Divestitures gain, net(1,049.4)(95.9)
Restructuring, transformation, impairment, and other exit costs2,897.774.3223.5
Changes in current assets and liabilities, excluding the effects of acquisitions and divestitures(478.3)192.410.6
Other, net(16.4)(24.8)41.9

ITEM 8 - Financial Statements and Supplementary Data

FAQ

What is General Mills's pension expense?
General Mills (GIS) reported pension expense of -$3.3M in Q1 2026.
How has General Mills's pension expense changed year-over-year?
General Mills's pension expense decreased by 17.9% year-over-year, from -$2.8M to -$3.3M.
What is the long-term trend for General Mills's pension expense?
Over 3 years (2023 to 2026), General Mills's pension expense has grown at a -5.0% compound annual growth rate (CAGR), from -$27.6M to -$23.7M.
What does pension expense mean?
Non-cash pension and postretirement benefit expense that exceeds or falls short of cash contributions to the plans.

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