
General Mills Inc
NYSE:GIS

Income Statement
Earnings Waterfall
General Mills Inc
Revenue
|
20.1B
USD
|
Cost of Revenue
|
-13.5B
USD
|
Gross Profit
|
6.6B
USD
|
Operating Expenses
|
-3.5B
USD
|
Operating Income
|
3.1B
USD
|
Other Expenses
|
-462.6m
USD
|
Net Income
|
2.6B
USD
|
Income Statement
General Mills Inc
May-2013 | Aug-2013 | Nov-2013 | Feb-2014 | May-2014 | Aug-2014 | Nov-2014 | Feb-2015 | May-2015 | Aug-2015 | Nov-2015 | Feb-2016 | May-2016 | Aug-2016 | Nov-2016 | Feb-2017 | May-2017 | Aug-2017 | Nov-2017 | Feb-2018 | May-2018 | Aug-2018 | Nov-2018 | Feb-2019 | May-2019 | Aug-2019 | Nov-2019 | Feb-2020 | May-2020 | Aug-2020 | Nov-2020 | Feb-2021 | May-2021 | Aug-2021 | Nov-2021 | Feb-2022 | May-2022 | Aug-2022 | Nov-2022 | Feb-2023 | May-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
17 774
N/A
|
18 096
+2%
|
18 090
0%
|
18 037
0%
|
17 910
-1%
|
17 805
-1%
|
17 642
-1%
|
17 615
0%
|
17 630
+0%
|
17 570
0%
|
17 283
-2%
|
16 934
-2%
|
16 563
-2%
|
16 263
-2%
|
15 950
-2%
|
15 741
-1%
|
15 620
-1%
|
15 481
-1%
|
15 568
+1%
|
15 657
+1%
|
15 740
+1%
|
16 065
+2%
|
16 278
+1%
|
16 594
+2%
|
16 865
+2%
|
16 774
-1%
|
16 783
+0%
|
16 765
0%
|
17 627
+5%
|
17 988
+2%
|
18 287
+2%
|
18 626
+2%
|
18 127
-3%
|
18 303
+1%
|
18 608
+2%
|
18 625
+0%
|
18 993
+2%
|
19 171
+1%
|
19 367
+1%
|
19 955
+3%
|
20 094
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(11 350)
|
(11 675)
|
(11 646)
|
(11 587)
|
(11 535)
|
(11 576)
|
(11 518)
|
(11 558)
|
(11 517)
|
(11 361)
|
(11 170)
|
(10 888)
|
(10 655)
|
(10 487)
|
(10 194)
|
(10 024)
|
(9 971)
|
(9 949)
|
(10 128)
|
(10 294)
|
(10 280)
|
(10 534)
|
(10 688)
|
(10 820)
|
(11 044)
|
(10 954)
|
(10 892)
|
(10 907)
|
(11 469)
|
(11 636)
|
(11 794)
|
(11 989)
|
(11 676)
|
(11 846)
|
(12 240)
|
(12 407)
|
(12 587)
|
(12 914)
|
(13 037)
|
(13 366)
|
(13 544)
|
|
Gross Profit |
6 424
N/A
|
6 421
0%
|
6 444
+0%
|
6 450
+0%
|
6 375
-1%
|
6 230
-2%
|
6 123
-2%
|
6 058
-1%
|
6 113
+1%
|
6 209
+2%
|
6 112
-2%
|
6 046
-1%
|
5 908
-2%
|
5 776
-2%
|
5 757
0%
|
5 718
-1%
|
5 649
-1%
|
5 532
-2%
|
5 439
-2%
|
5 363
-1%
|
5 461
+2%
|
5 531
+1%
|
5 590
+1%
|
5 774
+3%
|
5 821
+1%
|
5 819
0%
|
5 891
+1%
|
5 858
-1%
|
6 157
+5%
|
6 353
+3%
|
6 493
+2%
|
6 637
+2%
|
6 451
-3%
|
6 457
+0%
|
6 367
-1%
|
6 219
-2%
|
6 406
+3%
|
6 256
-2%
|
6 330
+1%
|
6 590
+4%
|
6 551
-1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(3 570)
|
(3 602)
|
(3 581)
|
(3 530)
|
(3 464)
|
(3 463)
|
(3 422)
|
(3 332)
|
(3 283)
|
(3 394)
|
(3 281)
|
(3 183)
|
(3 119)
|
(3 020)
|
(2 955)
|
(2 887)
|
(2 801)
|
(2 792)
|
(2 819)
|
(2 808)
|
(2 816)
|
(2 847)
|
(2 858)
|
(2 873)
|
(2 910)
|
(2 895)
|
(2 908)
|
(2 963)
|
(3 152)
|
(3 169)
|
(3 214)
|
(3 184)
|
(3 080)
|
(3 078)
|
(3 061)
|
(3 084)
|
(3 052)
|
(3 107)
|
(3 209)
|
(3 417)
|
(3 494)
|
|
Selling, General & Administrative |
(3 570)
|
(3 602)
|
(3 581)
|
(3 530)
|
(3 464)
|
(3 463)
|
(3 422)
|
(3 332)
|
(3 283)
|
(3 225)
|
(3 148)
|
(3 160)
|
(3 119)
|
(3 020)
|
(2 955)
|
(2 887)
|
(2 801)
|
(2 792)
|
(2 819)
|
(2 808)
|
(2 816)
|
(2 847)
|
(2 858)
|
(2 873)
|
(2 910)
|
(2 895)
|
(2 908)
|
(2 963)
|
(3 152)
|
(3 169)
|
(3 214)
|
(3 184)
|
(3 080)
|
(3 078)
|
(3 061)
|
(3 084)
|
(3 052)
|
(3 107)
|
(3 209)
|
(3 417)
|
(3 494)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(170)
|
(133)
|
(23)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
2 854
N/A
|
2 819
-1%
|
2 863
+2%
|
2 920
+2%
|
2 911
0%
|
2 767
-5%
|
2 702
-2%
|
2 726
+1%
|
2 830
+4%
|
2 815
-1%
|
2 831
+1%
|
2 864
+1%
|
2 789
-3%
|
2 756
-1%
|
2 802
+2%
|
2 831
+1%
|
2 848
+1%
|
2 740
-4%
|
2 620
-4%
|
2 556
-2%
|
2 645
+3%
|
2 684
+1%
|
2 732
+2%
|
2 901
+6%
|
2 911
+0%
|
2 924
+0%
|
2 984
+2%
|
2 895
-3%
|
3 006
+4%
|
3 184
+6%
|
3 279
+3%
|
3 453
+5%
|
3 371
-2%
|
3 380
+0%
|
3 306
-2%
|
3 135
-5%
|
3 354
+7%
|
3 149
-6%
|
3 121
-1%
|
3 173
+2%
|
3 057
-4%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(299)
|
(312)
|
(310)
|
(343)
|
(318)
|
(339)
|
(380)
|
(493)
|
(524)
|
(312)
|
(309)
|
(306)
|
(304)
|
(302)
|
(304)
|
(303)
|
(295)
|
(294)
|
(293)
|
(290)
|
(324)
|
(385)
|
(443)
|
(500)
|
(522)
|
(507)
|
(494)
|
(473)
|
(467)
|
(459)
|
(440)
|
(436)
|
(420)
|
(405)
|
(397)
|
(378)
|
(380)
|
(371)
|
(370)
|
(382)
|
(382)
|
|
Non-Reccuring Items |
(20)
|
(13)
|
(11)
|
(5)
|
62
|
51
|
(163)
|
(213)
|
(544)
|
(612)
|
(281)
|
(265)
|
(82)
|
(86)
|
(268)
|
(341)
|
(282)
|
(193)
|
(113)
|
(14)
|
(185)
|
(228)
|
(438)
|
(511)
|
(307)
|
(250)
|
(36)
|
61
|
61
|
78
|
91
|
95
|
(93)
|
(115)
|
(163)
|
(10)
|
236
|
673
|
695
|
553
|
466
|
|
Pre-Tax Income |
2 535
N/A
|
2 494
-2%
|
2 542
+2%
|
2 571
+1%
|
2 655
+3%
|
2 478
-7%
|
2 158
-13%
|
2 020
-6%
|
1 762
-13%
|
1 891
+7%
|
2 241
+19%
|
2 293
+2%
|
2 404
+5%
|
2 368
-2%
|
2 229
-6%
|
2 186
-2%
|
2 271
+4%
|
2 253
-1%
|
2 214
-2%
|
2 252
+2%
|
2 136
-5%
|
2 071
-3%
|
1 852
-11%
|
1 890
+2%
|
2 082
+10%
|
2 167
+4%
|
2 454
+13%
|
2 483
+1%
|
2 600
+5%
|
2 802
+8%
|
2 929
+5%
|
3 112
+6%
|
2 857
-8%
|
2 860
+0%
|
2 746
-4%
|
2 748
+0%
|
3 210
+17%
|
3 451
+8%
|
3 446
0%
|
3 344
-3%
|
3 141
-6%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(741)
|
(795)
|
(816)
|
(843)
|
(883)
|
(824)
|
(711)
|
(626)
|
(587)
|
(633)
|
(791)
|
(832)
|
(755)
|
(733)
|
(649)
|
(599)
|
(655)
|
(647)
|
(655)
|
(639)
|
(581)
|
(523)
|
(395)
|
(407)
|
(375)
|
(332)
|
(380)
|
(396)
|
(481)
|
(584)
|
(618)
|
(662)
|
(629)
|
(627)
|
(598)
|
(559)
|
(586)
|
(634)
|
(621)
|
(606)
|
(612)
|
|
Income from Continuing Operations |
1 794
|
1 699
|
1 725
|
1 728
|
1 772
|
1 654
|
1 448
|
1 394
|
1 175
|
1 258
|
1 450
|
1 461
|
1 648
|
1 634
|
1 580
|
1 588
|
1 616
|
1 606
|
1 560
|
1 613
|
1 555
|
1 548
|
1 457
|
1 483
|
1 707
|
1 836
|
2 073
|
2 088
|
2 120
|
2 218
|
2 311
|
2 450
|
2 228
|
2 232
|
2 148
|
2 189
|
2 623
|
2 818
|
2 825
|
2 738
|
2 528
|
|
Income to Minority Interest |
(37)
|
(33)
|
(44)
|
(37)
|
(37)
|
(35)
|
(34)
|
(38)
|
(38)
|
(39)
|
(44)
|
(40)
|
(39)
|
(41)
|
(41)
|
(48)
|
(44)
|
(37)
|
(36)
|
(35)
|
(32)
|
(32)
|
(26)
|
(26)
|
(34)
|
(38)
|
(41)
|
(39)
|
(30)
|
(29)
|
(26)
|
(24)
|
(6)
|
(10)
|
(14)
|
(8)
|
(28)
|
(20)
|
(11)
|
(14)
|
(16)
|
|
Equity Earnings Affiliates |
99
|
100
|
93
|
95
|
90
|
92
|
93
|
83
|
84
|
84
|
80
|
83
|
88
|
87
|
94
|
88
|
85
|
85
|
79
|
84
|
85
|
79
|
77
|
73
|
72
|
76
|
79
|
78
|
91
|
111
|
122
|
123
|
118
|
106
|
102
|
120
|
112
|
102
|
95
|
78
|
81
|
|
Net Income (Common) |
1 855
N/A
|
1 766
-5%
|
1 774
+0%
|
1 786
+1%
|
1 824
+2%
|
1 710
-6%
|
1 507
-12%
|
1 439
-4%
|
1 221
-15%
|
1 303
+7%
|
1 486
+14%
|
1 505
+1%
|
1 697
+13%
|
1 680
-1%
|
1 632
-3%
|
1 628
0%
|
1 658
+2%
|
1 653
0%
|
1 602
-3%
|
2 186
+36%
|
2 131
-2%
|
2 119
-1%
|
2 032
-4%
|
1 537
-24%
|
1 753
+14%
|
1 881
+7%
|
2 118
+13%
|
2 126
+0%
|
2 181
+3%
|
2 300
+5%
|
2 407
+5%
|
2 549
+6%
|
2 340
-8%
|
2 328
-1%
|
2 237
-4%
|
2 301
+3%
|
2 707
+18%
|
2 900
+7%
|
2 909
+0%
|
2 802
-4%
|
2 594
-7%
|