Non-Current Liabilities
Unrecognized Tax Benefits - Impacting Effective Tax Rate
General Mills Unrecognized Tax Benefits - Impacting Effective Tax Rate increased by 18.7% to $98.2M in Q1 2025 compared to the prior quarter. Over 2 years (FY 2023 to FY 2025), Unrecognized Tax Benefits - Impacting Effective Tax Rate shows relatively stable performance with a 4.5% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2023
Last reportedQ4 2025Jun 26, 2025
How to read this metric
A higher value indicates greater potential for future tax rate improvement, but also higher uncertainty regarding tax compliance.
Detailed definition
This metric identifies the portion of unrecognized tax benefits that, if eventually recognized or settled in favor of th...
Peer comparison
Common in large corporations with complex global tax planning strategies.
Metric ID:
unrecognized_tax_benefits_impacting_etrHistorical Data
3 periods
| Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|
| Value | $90M | $82.7M | $98.2M |
| QoQ Change | — | -8.1% | +18.7% |
| YoY Change | — | -8.1% | +18.7% |
Range$82.7M – $98.2M
Avg YoY Growth+5.3%
Median YoY Growth+5.3%
Unrecognized Tax Benefits - Impacting Effective Tax Rate at Other Companies
Frequently Asked Questions
- What is General Mills's unrecognized tax benefits - impacting effective tax rate?
- General Mills (GIS) reported unrecognized tax benefits - impacting effective tax rate of $98.2M in Q1 2025.
- What is the long-term trend for General Mills's unrecognized tax benefits - impacting effective tax rate?
- Over 2 years (2023 to 2025), General Mills's unrecognized tax benefits - impacting effective tax rate has grown at a 4.5% compound annual growth rate (CAGR), from $90M to $98.2M.
- What does unrecognized tax benefits - impacting effective tax rate mean?
- The amount of tax savings that could lower the company's tax rate if tax authorities accept their current positions.