Company Information

  

Address: NUMBER ONE GENERAL MILLS BLVD  
City: MINNEAPOLIS 
State: MN 
Zip Code: 55426 
Telephone: (763) 764-7600 

Description of Business

Primary SIC Code: 2040
(As filed with the SEC)  

General Mills, Inc. was incorporated in Delaware in 1928. The terms "General Mills," "Company," "registrant," "we," "us," and "our" mean General Mills, Inc. and all subsidiaries included in the Consolidated Financial Statements in Item 8 of this report unless the context indicates otherwise. Certain terms used throughout this report are defined in a glossary in Item 8 of this report. COMPANY OVERVIEW We are a leading global manufacturer and marketer of branded consumer foods sold through retail stores. We also are a leading supplier of branded and unbranded food products to the North American foodservice and commercial baking industries. Following our acquisition of Blue Buffalo Pet Products, Inc. (Blue Buffalo) in fiscal 2018, we are also a leading manufacturer and marketer in the wholesome natural pet food category. We manufacture our products in 13 countries and market them in more than 100 countries.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
05/20192.900.49017.05
02/20192.550.49018.48
11/20183.430.49012.34
08/20183.600.49012.78
05/20183.640.49011.62
02/20182.550.49019.82
11/20172.730.49020.72
08/20172.790.49019.09

Key Financial Ratios and Statistics

FYE: 05/26

Profitability 2019 Leverage 2019
Net Inc/Comm Equity-0.33Total Liab/Total Assets0.75
Net Inc/Total Assets0.06Total Liab/Inv Cap1.12
Net Inc/Inv Cap0.09Total Liab/Comm Equity-4.23
Pretax Inc/Net Sales0.12Interest Coverage RatioNA
Net Inc/Net Sales0.10Curr Debt/Equity0.41
Cash Flow/Net Sales0.17LTD/Equity1.65
SG&A/NetSales0.17Total Debt/Equity2.05
Asset Utilization   Liquidity  
Net Receivables Turnover10.03Quick Ratio0.37
Inventory Turnover6.94Current Ratio0.59
Inventory Day Sales0.02Net Rec/Curr Assets0.40
Net Sales/Work Cap-5.81Inv/Curr Assets0.37
Net Sales/PP&E4.45  

Income Statement (Millions)

  5/26/2019 2/24/2019 11/25/2018 8/26/2018
Total Revenues(Net Sales) 4,161.70 4,198.30 4,411.20 4,094.00
Cost of Goods Sold 2,700.40 2,755.30 2,901.50 2,751.20
Selling & Admin Exps 743.20 696.60 753.30 742.70
Operating Income 716.10 651.30 547.00 601.50
Interest Exp NA NA NA NA
Pretax Income 621.30 506.50 435.30 488.90
Other Income 30.00 -14.00 21.00 20.90
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 570.20 446.80 343.40 392.30

Balance Sheet (Millions)

Assets 5/26/2019 2/24/2019 11/25/2018 8/26/2018
Cash & Short Term Investments 450.00 547.10 532.70 432.90
Receivables - Total 1,679.70 1,704.10 1,716.80 1,709.10
Inventories - Total 1,559.30 1,544.50 1,639.20 1,685.50
Total Current Assets 4,186.50 4,169.80 4,233.80 4,185.50
Net Property, Plant & Equipment 3,787.20 3,822.90 3,897.40 3,955.10
Total Assets 30,111.20 30,285.80 30,384.00 30,554.80
Liabilities        
Accounts Payable 2,854.10 2,750.50 2,823.90 2,723.80
Debt in Current Liabilities 2,865.20 3,378.50 3,046.90 2,948.60
Total Current Liabilities 7,087.10 7,516.60 7,298.10 7,187.80
Long-Term Debt 11,624.80 11,642.60 12,208.60 12,665.10
Total Liabilities 22,505.00 22,806.50 23,184.60 23,558.10
Stockholder's Equity        
Minority Interest 313.20 319.00 327.60 350.70
Preferred Stock NA NA NA NA
Common Stock 75.50 75.50 75.50 75.50
Retained Earnings 14,996.70 14,724.50 14,572.20 14,523.80
Treasury Stock -6,779.00 -6,923.50 -7,009.70 -7,035.90
Total Stockholders' Equity 7,054.50 6,930.40 6,651.80 6,225.10
Total Liabilities and Stockholders' Equity 29,559.50 29,736.90 29,836.40 29,783.20

Cash Flow Summary (Millions)

Categories 5/26/2019 2/24/2019 11/25/2018 8/26/2018
Net Cash Provided by Operating Activities 779.40 631.10 789.10 607.40
Net Cash Provided by Investing Activities -148.80 -112.30 -155.80 -139.60
Net Cash Provided by Financing Activities -718.40 -510.70 -524.30 -423.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
05/201517,630.301,221.301.97
05/201616,563.101,697.402.77
05/201715,619.801,657.502.77
05/201815,740.402,131.003.64
05/201916,865.201,752.702.90
Growth Rates-1.109.4510.15

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/191350423,40170.34




Report Date : 7/15/2019

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