| May'19 | May'18 | May'17 | May'16 | May'15 | May'14 | May'13 | May'12 | May'11 | May'10 | May'09 | May'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash Flows - Operating Activities | |||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
1,786 | 2,163 | 1,701 | 1,736 | 1,259 | 1,861 | 1,892 | 1,589 | 1,803 | 1,535 | 1,313 | 1,318 |
Adjustments to reconcile net earnings to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
620 | 618 | 603 | 608 | 588 | 585 | 588 | 541 | 472 | 457 | 453 | 459 |
After-tax earnings from joint ventures | |||||||||||
72 | 84 | 85 | 88 | 84 | 89 | 98 | 88 | 96 | 101 | 91 | 110 |
Distributions of earnings from joint ventures | |||||||||||
86 | 113 | 75 | 75 | 72 | 90 | 115 | 68 | 72 | 88 | 68 | 108 |
Stock-based compensation | |||||||||||
84 | 77 | 95 | 89 | 106 | 108 | 100 | 108 | 105 | 107 | 117 | 133 |
Deferred income taxe expense benefit | |||||||||||
93 | -504 | 183 | 120 | 25 | 172 | 81 | 149 | 205 | 22 | 215 | 98 |
Tax benefit on exercised options | |||||||||||
- | - | - | - | 74 | 69 | 103 | 63 | 106 | 114 | 89 | 55 |
Pension and other postretirement benefit plan contributions | |||||||||||
28 | 31 | 45 | 47 | 49 | 49 | 223 | 222 | 220 | 17 | 220 | 14 |
Pension and other postretirement benefit plan costs | |||||||||||
6 | 4 | 35 | 118 | 91 | 124 | 131 | 77 | 73 | -37 | -27 | 5 |
Divestiture Loss (gain) | |||||||||||
-30 | 0 | -6 | 148 | 0 | 65 | 0 | 0 | 17 | 0 | 84 | 0 |
Gain on insurance settlement | |||||||||||
- | - | - | - | - | - | - | - | - | - | 41 | 0 |
Restructuring, impairment, and other exit costs | |||||||||||
235 | 126 | 117 | 107 | 531 | -18 | -60 | 97 | -1 | 23 | 31 | -1 |
Changes in current assets and liabilities | |||||||||||
7 | -542 | 194 | -298 | -214 | 32 | -471 | -243 | 720 | -143 | -176 | 126 |
Other, net | |||||||||||
-27 | -182 | -86 | -105 | -137 | -76 | 30 | -95 | -38 | 75 | 5 | -83 |
Net Cash Provided by (Used in) Operating Activities | |||||||||||
2,807 | 2,841 | 2,415 | 2,764 | 2,542 | 2,541 | 2,926 | 2,407 | 1,531 | 2,181 | 1,828 | 1,729 |
Cash Flows - Investing Activities | |||||||||||
Purchases of land, buildings, and equipment | |||||||||||
537 | 622 | 684 | 729 | 712 | 663 | 613 | 675 | 648 | 649 | 562 | 522 |
Acquisitions | |||||||||||
0 | 8,035 | 0 | 84 | 822 | 0 | 898 | 1,050 | 123 | 0 | 0 | -0 |
Investments In affiliates, net | |||||||||||
0 | -17 | 3 | 63 | -102 | 54 | 40 | 22 | 1 | 130 | 5 | 64 |
Proceeds from disposal of land, buildings, and equipment | |||||||||||
14 | 1 | 4 | 4 | 11 | 6 | 24 | 2 | 4 | 7 | 4 | 25 |
Proceeds from Divestiture of Businesses | |||||||||||
26 | 0 | 17 | 828 | 0 | 121 | 0 | 0 | 34 | 0 | 244 | 0 |
Exchangeable Note | |||||||||||
- | - | - | - | - | - | - | 131 | 0 | 0 | - | - |
Repayment of exchangeable note | |||||||||||
0 | 0 | 13 | 21 | 27 | 29 | 16 | - | - | - | - | - |
Proceeds from insurance settlement | |||||||||||
- | - | - | - | - | - | - | - | - | - | 41 | 0 |
Other, net | |||||||||||
59 | 11 | 0 | 11 | 4 | 0 | 3 | -6 | -20 | -52 | 22 | 11 |
Net Cash Provided by (Used in) Investing Activities | |||||||||||
-556 | -8,685 | -646 | 93 | -1,602 | -561 | -1,515 | -1,870 | -715 | -721 | -288 | -442 |
Cash Flows - Financing Activities | |||||||||||
Change in notes payable | |||||||||||
-66 | 327 | 962 | -323 | -509 | 572 | -44 | 227 | -742 | 235 | -1,390 | 946 |
Issuance of long-term debt | |||||||||||
339 | 6,550 | 1,072 | 542 | 2,253 | 1,673 | 1,001 | 1,390 | 1,200 | 0 | 1,850 | 1,450 |
Payment of long-term debt | |||||||||||
1,493 | 600 | 1,000 | 1,000 | 1,145 | 1,444 | 542 | 1,450 | 7 | 906 | 370 | 1,623 |
Proceeds from common stock issued on exercised options | |||||||||||
241 | 99 | 112 | 171 | 163 | 108 | 300 | 233 | 410 | 388 | 305 | 191 |
Proceeds from Issuance of Common Stock | |||||||||||
0 | 969 | 0 | 0 | - | - | - | - | - | - | - | - |
Tax benefit on exercised options | |||||||||||
- | - | - | - | 74 | 69 | 103 | 63 | 106 | 114 | 89 | 55 |
Purchases of common stock for treasury | |||||||||||
1 | 601 | 1,651 | 606 | 1,161 | 1,745 | 1,044 | 313 | 1,163 | 691 | 1,296 | 1,432 |
Dividends paid | |||||||||||
1,181 | 1,139 | 1,135 | 1,071 | 1,017 | 983 | 867 | 800 | 729 | 643 | 579 | 529 |
Investment in redeemable interest | |||||||||||
55 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Settlement of Lehman Brothers forward purchase contract | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 750 |
Repurchase of Series B-1 limited membership interests in GMC | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 843 |
Repurchase of General Mills Capital, Inc. preferred stock | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 150 |
Proceeds from Minority Shareholders | |||||||||||
- | - | - | - | - | 17 | 0 | 0 | - | - | - | 92 |
Proceeds from Redeemable Interest Investment | |||||||||||
55 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Dividends paid under the terms of shareholder agreements | |||||||||||
38 | 51 | 61 | 84 | 25 | 77 | 39 | 5 | 4 | - | - | - |
Other, net | |||||||||||
-31 | -108 | -46 | -47 | -16 | -14 | -6 | -13 | -10 | 0 | -12 | -0 |
Net Cash Provided by (Used in) Financing Activities | |||||||||||
-2,176 | 5,445 | -1,747 | -2,420 | -1,384 | -1,824 | -1,140 | -666 | -940 | -1,503 | -1,404 | -1,093 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||
-23 | 31 | -18 | -8 | -88 | -29 | -0 | -18 | 71 | -32 | -46 | 49 |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | |||||||||||
51 | -367 | 2 | 429 | -533 | 125 | 270 | -148 | -53 | -76 | 88 | 243 |
Cash Flow from Changes in Current Assets and Liabilities | |||||||||||
Increase (Decrease) Receivables | |||||||||||
42 | 122 | 69 | 6 | -6 | 41 | 44 | 24 | 69 | 121 | -81 | 94 |
Inventories Increase (Decrease) | |||||||||||
-53 | -15 | 61 | 146 | 24 | 88 | -18 | -144 | 240 | 16 | 28 | 165 |
Prepaid expenses and other current assets | |||||||||||
114 | 10 | -16 | 0 | 50 | -10 | 64 | -149 | 96 | -53 | -30 | 65 |
Accounts payable | |||||||||||
162 | 575 | 99 | 318 | 145 | 191 | 263 | 12 | 109 | 69 | -116 | 125 |
Other current operating liabilities, Increase (decrease) | |||||||||||
-66 | 84 | -179 | 132 | 136 | -104 | 297 | -38 | -424 | 158 | 209 | 73 |
Changes in current assets and liabilities | |||||||||||
7 | -542 | 194 | -298 | -214 | 32 | -471 | -243 | 720 | -143 | -176 | 126 |
Previously Reported [Member] | |||||||||||
Gain (Loss) on Disposition of Business | |||||||||||
- | - | -13 | - | - | - | - | - | - | - | - | - |