General Mills (WBO:GIS) Total Liabilities : €19,624 Mil (As of Feb. 2024)

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What is General Mills Total Liabilities?

General Mills's Total Liabilities for the quarter that ended in Feb. 2024 was €19,624 Mil.

General Mills's quarterly Total Liabilities increased from Aug. 2023 (€19,077.54 Mil) to Nov. 2023 (€19,959.79 Mil) but then declined from Nov. 2023 (€19,959.79 Mil) to Feb. 2024 (€19,623.85 Mil).

General Mills's annual Total Liabilities increased from May. 2021 (€17,664.71 Mil) to May. 2022 (€19,205.79 Mil) but then declined from May. 2022 (€19,205.79 Mil) to May. 2023 (€19,091.56 Mil).

General Mills Total Liabilities Historical Data

The historical data trend for General Mills's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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General Mills Total Liabilities Chart

General Mills Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Total Liabilities

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19,839.47

20,093.85

17,664.71

19,205.79

19,091.56

General Mills Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Total Liabilities	Get a 7-Day Free Trial															19,348.84	19,091.56	19,077.54	19,959.79	19,623.85

General Mills Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

General Mills's Total Liabilities for the fiscal year that ended in May. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	6932.844	+	(9404.332	+	343.528
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	1942.028	+	468.832)
	=	19,092

Total Liabilities	=	Total Assets (A: May. 2023 )	-	Total Equity (A: May. 2023 )
	=	28935.564	-	9844
	=	19,092

General Mills's Total Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	6546.381	+	(10210.998	+	990.685
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	1875.784	+	0)
	=	19,624

Total Liabilities	=	Total Assets (Q: Feb. 2024 )	-	Total Equity (Q: Feb. 2024 )
	=	28607.683	-	8983.835
	=	19,624

General Mills Total Liabilities Related Terms

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General Mills (WBO:GIS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » General Mills Inc (WBO:GIS) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

GIS:USA GIS:Mexico GRM:Germany G1MI34:Brazil

Address

Number One General Mills Boulevard, Minneapolis, MN, USA, 55426

Website

https://www.generalmills.com

General Mills is a global packaged food company that produces snacks, cereal, convenient meals, yogurt, dough, baking mixes and ingredients, pet food, and superpremium ice cream. Its largest brands are Nature Valley, Cheerios, Old El Paso, Yoplait, Pillsbury, Betty Crocker, Blue Buffalo, and Haagen-Dazs. In fiscal 2023, 81% of its revenue was derived from the United States, although the company also operates in Canada, Europe, Australia, Asia, and Latin America. While most of General Mills' products are sold through retail stores to consumers, the company also sells products to the foodservice channel and the commercial baking industry.