For the quarter ending 2026-02-22, GIS had $102,100K increase in cash & cash equivalents over the period. $295,500K in free cash flow.
| Cash Flow | 2026-02-22 | 2025-11-23 | 2025-08-24 | 2025-05-25 |
|---|---|---|---|---|
| Net earnings, including earnings attributable to noncontrolling interests | 305,500 | 414,300 | 1,204,000 | 302,000 |
| Depreciation and amortization | 139,400 | 138,000 | 138,700 | 135,600 |
| After-tax loss (earnings) from joint ventures | -6,100 | -59,600 | 6,800 | -6,000 |
| Distributions of earnings from joint ventures | 6,000 | 0 | 26,900 | 13,700 |
| Stock-based compensation | 26,300 | 24,200 | 15,100 | 24,600 |
| Deferred income taxes | 87,800 | 41,600 | 10,000 | -107,400 |
| Pension and other postretirement benefit plan contributions | 8,300 | 7,800 | 5,200 | 7,800 |
| Pension and other postretirement benefit plan costs | -6,700 | -7,000 | -6,700 | -2,800 |
| Divestitures gain, net | -5,000 | 0 | 1,054,400 | 0 |
| Restructuring, transformation, impairment, and other exit costs (recoveries) | 12,300 | 99,500 | -2,700 | 77,700 |
| Changes in current assets and liabilities | 184,500 | 3,700 | -58,800 | -136,600 |
| Other, net | 9,000 | 60,600 | 19,300 | 33,400 |
| Net cash provided by operating activities | 397,900 | 819,300 | 397,000 | 611,600 |
| Purchases of land, buildings, and equipment | 102,400 | 143,600 | 109,500 | 220,200 |
| Acquisition, net of cash acquired | 0 | 0 | 0 | 2,000 |
| Proceeds from divestitures | 26,800 | 0 | 1,803,400 | 0 |
| Investments in affiliates, net | -46,900 | 6,300 | - | 6,700 |
| Proceeds from disposal of land, buildings, and equipment | 2,800 | -400 | 2,800 | 100 |
| Other, net | -13,700 | 18,200 | 1,900 | 900 |
| Net cash provided (used) by investing activities | -106,000 | -155,900 | 1,694,800 | -216,300 |
| Change in notes payable | 820,400 | -4,700 | -654,800 | 270,100 |
| Issuance of long-term debt | 0 | 0 | - | 854,900 |
| Payment of long-term debt | 698,700 | 581,000 | - | 800,000 |
| Repurchase of class a limited membership interest in general mills cereals, llc | - | - | - | 252,800 |
| Proceeds from common stock issued on exercised options | 100 | 100 | 200 | 4,600 |
| Purchases of common stock for treasury | 200 | 100 | 500,000 | 301,000 |
| Dividends paid | 328,400 | 327,900 | 330,900 | 1,338,700 |
| Distributions to noncontrolling interest holders | 1,400 | 700 | 0 | 21,600 |
| Other, net | -2,000 | -12,700 | -21,700 | -11,600 |
| Net cash used by financing activities | -210,200 | -927,000 | -1,507,200 | -570,400 |
| Effect of exchange rate changes on cash and cash equivalents | 20,400 | -5,900 | 4,400 | 17,700 |
| Increase in cash and cash equivalents | 102,100 | -269,500 | 589,000 | -157,400 |
| Cash and cash equivalents - beginning of year | 683,400 | 952,900 | 363,900 | 521,300 |
| Cash and cash equivalents - end of period | 785,500 | 683,400 | 952,900 | 363,900 |
GENERAL MILLS INC (GIS)
GENERAL MILLS INC (GIS)