General Mills, Inc.
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail;
Packaged Foods
US, Minneapolis [HQ]
Cash Flow Statements
15 Sheets · Starting from 2024In Million USD. Margins, Growth Rates In %
| Metric | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 2,181.00 | 1,526.00 | 2,402.00 | 2,926.00 | 2,541.00 | 2,542.00 | 2,629.00 | 2,313.00 | 2,841.00 | 2,807.00 | 3,676.00 | 2,983.00 | 3,316.00 | 2,778.00 | 3,302.00 | |
| Operating Cash (Net) | 2,181.00 | 1,526.00 | 2,402.00 | 2,926.00 | 2,541.00 | 2,542.00 | 2,629.00 | 2,313.00 | 2,841.00 | 2,807.00 | 3,676.00 | 2,983.00 | 3,316.00 | 2,778.00 | 3,302.00 | |
| Accounts Receivable | - - | -69.00 | -24.00 | -44.00 | -41.00 | 6.00 | -6.00 | -69.00 | -122.00 | -42.00 | 37.00 | 27.00 | -166.00 | -41.00 | -1.00 | |
| Accounts Payable | 69.00 | 109.00 | 12.00 | 263.00 | 191.00 | 145.00 | 318.00 | 99.00 | 575.00 | 162.00 | 392.00 | 343.00 | 456.00 | 199.00 | -251.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 143.00 | -720.00 | 243.00 | 471.00 | -32.00 | 214.00 | 258.00 | -232.00 | 542.00 | -7.00 | 793.00 | -155.00 | 277.00 | -48.00 | 52.00 | |
| Other WC | 90.00 | -520.00 | 111.00 | 233.00 | -94.00 | 86.00 | 92.00 | -200.00 | -48.00 | -180.00 | 260.00 | -172.00 | 72.00 | 111.00 | 17.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -721.00 | -715.00 | -1,870.00 | -1,515.00 | -561.00 | -1,602.00 | 93.00 | -646.00 | -8,685.00 | -556.00 | -486.00 | -512.00 | -1,690.00 | -346.00 | -1,197.00 | |
| Capital Expenditure | -649.00 | -648.00 | -675.00 | -613.00 | -663.00 | -712.00 | -729.00 | -684.00 | -622.00 | -537.00 | -460.00 | -530.00 | -568.00 | -689.00 | -774.00 | |
| Purchases of Investments | -130.00 | -1.00 | - - | - - | - - | - - | - - | - - | -17.00 | - - | -48.00 | -15.00 | -15.00 | -32.00 | -2.00 | |
| Sale/Maturity of Investment | - - | 38.00 | - - | - - | - - | - - | 63.00 | 3.00 | - - | - - | 48.00 | 15.00 | 15.00 | 32.00 | - - | |
| Property, Plant, Equipment (P&PE) | -649.00 | -648.00 | -675.00 | -613.00 | -663.00 | -712.00 | -729.00 | -684.00 | -622.00 | -537.00 | -460.00 | -530.00 | -568.00 | -689.00 | -774.00 | |
| Acquisitions (Net) | - - | -123.00 | -1,072.00 | -938.00 | 66.00 | -924.00 | 808.00 | 20.00 | -8,053.00 | 26.00 | -48.00 | 18.00 | -1,111.00 | 349.00 | -451.00 | |
| Other Investing Activities | 59.00 | 20.00 | -122.00 | 36.00 | 35.00 | 34.00 | 14.00 | 16.00 | -9.00 | -45.00 | 22.00 | - - | -10.00 | -6.00 | 30.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -1,503.00 | -936.00 | -661.00 | -1,140.00 | -1,824.00 | -1,384.00 | -2,285.00 | -1,645.00 | -5,445.00 | -2,176.00 | -1,941.00 | -2,715.00 | -2,503.00 | -2,404.00 | -2,272.00 | |
| Debt Repayment | -906.00 | -7.00 | -1,450.00 | -542.00 | -1,444.00 | -1,145.00 | -1,000.00 | -1,000.00 | -600.00 | -1,493.00 | -1,396.00 | -2,609.00 | -3,140.00 | -1,421.00 | -1,143.00 | |
| Dividends Paid | -643.00 | -729.00 | -800.00 | -867.00 | -983.00 | -1,017.00 | -1,071.00 | -1,135.00 | -1,139.00 | -1,181.00 | -1,195.00 | -1,246.00 | -1,244.00 | -1,287.00 | -1,363.00 | |
|
Common Stock
|
1,080 | 1,573 | 546 | 1,345 | 1,853 | 1,325 | 778 | 1,764 | 1,571 | 242 | 746 | 2,023 | 1,038 | 3,191 | 2,027 | |
| Issued | 388.00 | 410.00 | 233.00 | 300.00 | 108.00 | 163.00 | 171.00 | 112.00 | 969.00 | 241.00 | 742.00 | 1,722.00 | 161.00 | 1,787.00 | 25.00 | |
| Repurchased | -691.00 | -1,163.00 | -313.00 | -1,044.00 | -1,745.00 | -1,161.00 | -606.00 | -1,651.00 | -601.00 | -1.00 | -3.00 | -301.00 | -876.00 | -1,403.00 | -2,002.00 | |
| Other Financing Activities | 349.00 | 553.00 | 1,668.00 | 1,013.00 | 2,241.00 | 1,776.00 | 221.00 | 2,028.00 | 6,817.00 | 258.00 | -88.00 | -281.00 | 2,597.00 | -78.00 | -75.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 749.00 | 673.00 | 619.00 | 471.00 | 741.00 | 867.00 | 334.00 | 763.00 | 766.00 | 399.00 | 450.00 | 1,677.00 | 1,505.00 | 569.00 | 585.00 | |
| End of Period | 673.00 | 619.00 | 471.00 | 741.00 | 867.00 | 334.00 | 763.00 | 766.00 | 399.00 | 450.00 | 1,677.00 | 1,505.00 | 569.00 | 585.00 | 418.00 | |
| Change | -76.00 | -53.00 | -148.00 | 270.00 | 125.00 | -533.00 | 429.00 | 2.00 | -367.00 | 51.00 | 1,227.00 | -172.00 | -935.00 | 16.00 | -167.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 457.00 | 472.00 | 541.00 | 588.00 | 585.00 | 588.00 | 608.00 | 603.00 | 618.00 | 620.00 | 594.00 | 601.00 | 570.00 | 546.00 | 552.00 | |
| Stock Based Compensation | 107.00 | 105.00 | 108.00 | 100.00 | 108.00 | 106.00 | 89.00 | 95.00 | 77.00 | 84.00 | 94.00 | 89.00 | 98.00 | 111.00 | - - | |
| Other | -83.00 | -232.00 | -167.00 | -104.00 | -85.00 | 423.00 | -89.00 | 25.00 | -55.00 | 229.00 | 11.00 | -16.00 | -427.00 | -418.00 | 1,320.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 1,531.00 | 878.00 | 1,726.00 | 2,312.00 | 1,877.00 | 1,830.00 | 1,900.00 | 1,628.00 | 2,218.00 | 2,269.00 | 3,215.00 | 2,452.00 | 2,747.00 | 2,089.00 | 2,528.00 | |
| Cash Conversion Cycle (CCC) | 45.00 | 53.00 | 43.00 | 33.00 | 28.00 | 24.00 | 8.00 | 10.00 | - - | -6.00 | -24.00 | -24.00 | -28.00 | -23.00 | -23.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||||||||||
| Forex Effect on Cash | -32.00 | 71.00 | -18.00 | - - | -29.00 | -88.00 | -8.00 | -18.00 | 31.00 | -23.00 | -20.00 | 72.00 | -58.00 | -12.00 | - - |