GENERAL MILLS, INC. GIS Cash Flow

General mills, inc. (GIS)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10	Nov'09	Aug'09	May'09	Feb'09	Nov'08	Aug'08
Cash Flows - Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
463,900	591,400	528,500	581,200	457,900	351,200	395,900	358,100	952,500	443,800	408,600	415,600	370,200	495,800	419,500	390,400	367,700	543,600	435,100	197,800	353,800	355,400	352,400	415,400	417,000	560,800	468,100	376,800	412,600	541,000	562,100	334,800	400,800	449,200	404,300	321,100	393,500	615,300	473,600	212,700	333,500	566,800	422,000	368,100	288,900	378,200	278,500
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization
148,700	153,600	154,100	155,500	154,500	154,900	155,200	184,100	143,900	145,700	145,100	155,300	147,200	148,600	152,500	166,900	148,700	148,600	143,900	144,600	153,300	140,100	150,300	143,300	144,500	146,600	151,000	155,700	146,200	146,900	139,200	142,700	135,500	137,800	125,500	118,100	124,300	118,900	111,300	116,800	112,400	116,800	111,100	120,000	110,000	112,000	111,600
After-tax earnings from joint ventures
10,800	24,900	21,800	20,000	11,800	22,500	17,700	20,600	16,600	23,800	23,700	19,900	11,100	29,800	24,200	23,300	16,200	23,200	25,700	18,100	13,100	27,100	26,000	16,600	22,800	26,100	24,100	21,500	21,300	32,900	23,100	15,500	15,500	28,900	28,300	29,800	5,400	34,700	26,500	15,300	24,000	38,200	24,200	12,200	15,700	33,200	30,800
Distributions of earnings from joint ventures
8,800	8,200	20,700	40,100	11,900	5,500	29,200	52,600	15,500	16,100	29,000	31,900	11,800	5,500	26,400	36,500	10,000	9,500	19,100	35,800	7,900	4,400	24,500	48,900	16,000	10,600	15,000	50,600	22,300	5,800	37,000	24,800	6,800	4,800	31,600	41,300	7,100	2,800	21,500	55,500	1,300	14,400	16,800	38,600	10,600	2,700	16,600
Stock-based compensation
18,200	19,000	28,800	19,000	21,400	18,400	26,100	14,200	14,600	18,600	29,600	19,300	20,200	17,400	38,800	18,100	19,000	21,400	31,300	21,900	19,600	19,300	45,600	21,100	22,800	23,300	41,300	18,200	20,900	23,000	38,300	19,900	22,200	21,700	44,500	23,900	21,700	21,800	37,900	24,300	22,600	22,900	37,500	19,200	13,500	29,800	55,200
Deferred income taxe expense benefit
11,600	27,300	-37,200	41,000	8,700	14,900	28,900	-15,200	-559,300	32,000	38,200	43,800	45,500	58,600	36,000	82,900	70,400	-53,400	20,700	-5,900	18,000	-4,200	17,400	76,700	27,900	45,000	22,900	106,800	200	26,000	-51,200	99,500	10,200	17,400	22,300	99,500	27,300	56,100	22,400	22,300	-25,300	12,800	12,500	235,400	-18,200	-18,100	16,700
Tax benefit on exercised options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,500	7,300	37,400	18,000	29,800	10,100	16,700	23,700	6,100	7,900	31,600	13,200	31,300	40,400	18,100	4,400	27,600	18,700	12,400	31,100	18,700	21,400	35,000	27,800	39,600	31,900	14,700	-1,900	7,300	32,200	51,500
Pension and other postretirement benefit plan contributions
7,400	7,400	6,900	7,000	7,200	7,200	7,400	11,500	7,700	6,700	5,900	11,400	11,400	11,300	11,300	12,600	12,500	12,100	10,600	14,200	10,900	12,100	12,300	12,400	12,600	12,600	12,100	205,600	6,000	6,100	5,500	206,700	7,000	4,600	3,900	209,500	5,400	3,500	2,400	8,100	3,800	3,100	2,200	208,000	4,400	3,800	4,100
Pension and other postretirement benefit plan costs
-7,700	-7,700	-7,800	1,400	1,600	1,600	1,500	1,100	1,100	1,300	1,100	8,800	9,000	9,000	8,900	29,900	29,300	29,400	29,500	23,000	22,300	22,900	23,100	31,100	30,700	31,500	30,800	33,400	32,600	32,600	32,600	19,400	19,500	19,500	19,400	18,500	18,400	18,400	18,300	-9,900	-23,600	-2,600	-1,800	-7,400	-8,300	-5,300	-6,500
Restructuring, impairment, and other exit costs
9,300	6,400	4,900	8,500	48,200	197,900	-18,900	138,300	-4,900	1,800	-9,200	-24,100	70,100	14,400	56,600	24,200	-6,800	42,300	47,500	255,900	38,600	223,800	12,800	-5,000	-2,700	-5,500	-5,600	-12,400	-15,200	-24,000	-8,600	100,400	-800	-900	-900	1,200	-1,100	-400	-1,000	-500	5,000	19,600	-700	32,900	-1,100	-100	-400
Changes in current assets and liabilities
-83,600	-92,300	84,600	44,000	63,500	-85,200	-14,800	-147,200	-32,600	-380,100	17,800	-209,800	31,700	44,700	327,600	-92,500	-149,000	-257,200	200,200	-396,900	-232,200	203,200	211,200	-154,000	-152,700	131,000	207,900	-206,600	-200,900	-194,100	130,500	-177,100	-93,300	-108,200	134,800	108,500	-124,000	330,300	406,100	-219,000	-193,500	-29,700	298,800	-37,100	-408,100	110,100	158,200
Other, net
-15,000	26,300	-6,600	9,100	-26,000	-10,800	-200	-142,600	-3,200	-32,600	-4,500	-37,700	-43,300	-500	-4,800	-13,400	-38,100	-31,800	-22,300	-38,300	-93,700	24,600	-30,500	49,500	-52,100	-6,900	-66,700	84,900	66,700	-37,700	-83,400	53,600	-132,300	10,200	-26,500	41,400	-22,800	-21,100	-36,400	34,000	19,100	4,800	17,600	28,800	31,300	-53,200	-1,200
Net Cash Provided by (Used in) Operating Activities
703,200	884,500	572,100	779,400	631,100	789,100	607,400	705,700	568,500	976,300	590,500	856,500	571,100	616,800	370,800	901,700	706,500	725,100	430,900	981,400	698,200	533,800	329,400	816,800	715,300	627,800	381,100	780,300	828,600	828,300	488,800	745,600	505,100	715,700	440,800	283,000	648,600	421,900	177,600	623,000	571,100	712,000	275,100	698,300	766,100	137,900	225,900
Cash Flows - Investing Activities
Purchases of land, buildings, and equipment
110,900	88,700	69,800	169,700	114,100	141,100	112,700	224,800	137,900	143,700	116,300	209,200	156,900	164,800	153,500	251,700	184,100	146,300	147,200	221,500	173,300	169,000	148,600	247,100	147,600	145,000	123,800	201,700	148,100	123,500	140,600	252,000	159,100	132,000	132,800	225,400	139,100	151,700	132,600	231,000	161,400	131,200	126,300	211,500	109,700	112,800	128,600
Acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	809,400	12,900	0	0	0	0	-2,800	49,000	820,000	31,800	150,000	0	0	900,100	38,500	84,800	0	0	-	-	-	-	-	-	-	-
Investments In affiliates, net
-26,600	-1,800	-12,500	1,600	0	-1,600	100	-2,100	-7,800	-800	-6,600	-1,500	-2,900	-400	8,100	200	52,000	10,700	1,000	-194,500	59,800	-900	33,200	8,900	-900	57,900	-11,000	37,200	-500	11,200	-7,500	100	0	22,100	0	0	-100	3,800	-1,900	252,500	-121,800	-800	800	12,700	-16,700	5,800	4,100
Proceeds from disposal of land, buildings, and equipment
300	300	300	3,400	-400	11,200	100	500	300	200	400	3,000	800	0	400	-100	3,300	800	400	9,700	200	800	300	1,400	4,200	-2,000	3,000	1,900	18,800	3,200	300	800	100	1,000	300	600	-3,700	5,400	1,800	300	500	900	5,700	2,100	1,500	300	200
Exchangeable Note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	131,600	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds From Repayments Of Exchangeable Note with Related Party
-	-	-	-	-	-	-	-	-	-	-	-	0	0	13,000	-	19,500	0	0	-	-	-	-	-	-	-	-	-	0	1,700	14,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
4,700	-11,200	1,700	10,300	-2,000	24,300	27,100	-1,700	8,800	3,600	300	15,200	400	-10,400	-4,700	-5,600	-2,300	25,800	-6,700	-300	4,200	-2,700	2,800	-1,500	-300	-700	3,400	0	200	-200	3,500	-200	0	-100	-6,500	-5,600	-2,100	-100	-12,500	-3,100	-13,100	-33,100	-2,700	-11,900	14,100	19,400	700
Net Cash Provided by (Used in) Investing Activities
-141,900	-79,000	-83,700	-148,800	-112,300	-155,800	-139,600	-8,260,500	-154,200	-147,900	-122,800	-222,900	-144,000	-152,700	-127,300	-241,700	-187,900	662,100	-139,100	-193,900	-237,100	-974,000	-197,200	-131,500	-112,900	-204,200	-113,200	-234,200	-178,000	-949,600	-153,600	-401,100	-159,000	-153,000	-1,157,700	-248,200	-200,500	-146,200	-120,200	-236,500	-269,600	-98,000	-117,100	-132,600	-97,700	66,400	-125,000
Cash Flows - Financing Activities
Change in notes payable
-163,200	50,300	-170,000	-496,200	912,000	-292,300	-189,800	364,800	-90,400	-360,700	413,800	-718,900	516,800	744,900	419,600	-378,600	348,500	-505,400	211,700	-1,276,200	-155,900	290,400	631,900	566,100	-448,300	-530,800	985,900	-80,500	-1,256,400	136,500	1,155,900	-157,000	-163,900	-163,800	712,600	-664,200	-196,200	-181,200	299,000	469,900	141,200	-476,700	101,400	-614,800	-1,284,700	612,200	-103,200
Issuance of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	978,600	100	1,003,200	271,300	0	750,000	923,000	0	-	-	-	-	-	-	-	-	700,000	0	0	500,000	0	0	0	0	0	1,150,000	0	700,000
Payment of long-term debt
887,200	509,200	100	340,400	1,153,000	200	200	100	99,900	500,100	0	-	-	-	-	100	1,000,000	100	200	750,200	2,300	-100	393,400	700,300	24,200	400	719,900	400	20,300	521,200	400	10,800	1,430,200	2,500	6,600	1,900	1,900	1,800	1,800	401,900	501,800	1,100	2,100	12,200	99,000	27,500	231,600
Proceeds from common stock issued on exercised options
40,800	12,800	55,800	100,700	53,400	13,900	73,400	7,900	40,800	9,600	41,000	22,100	13,500	13,400	63,600	68,900	38,500	16,800	47,700	60,600	67,200	18,400	17,500	65,500	15,100	15,800	11,700	43,200	104,900	113,700	39,000	25,000	109,300	75,200	24,000	154,100	71,200	97,000	88,100	67,600	132,100	113,700	75,400	18,600	20,100	104,700	161,800
Tax benefit on exercised options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,500	7,300	37,400	18,000	29,800	10,100	16,700	23,700	6,100	7,900	31,600	13,200	31,300	40,400	18,100	4,400	27,600	18,700	12,400	31,100	18,700	21,400	35,000	27,800	39,600	31,900	14,700	-1,900	7,300	32,200	51,500
Purchases of common stock for treasury
2,700	100	0	400	400	100	200	400	700	200	600,300	600	301,000	950,200	399,700	4,900	52,800	396,900	152,100	200	192,900	530,000	438,800	342,100	539,300	565,700	298,200	300,100	265,600	206,700	272,500	500	101,700	100,900	109,900	0	199,900	175,200	788,400	367,500	88,900	1,500	233,900	64,000	26,600	706,900	498,900
Dividends paid
299,100	297,800	298,500	298,000	294,500	295,000	294,200	293,200	281,300	280,900	284,300	278,800	280,800	284,600	290,900	277,100	263,700	264,400	266,500	266,400	248,100	248,800	254,400	253,900	239,600	242,300	247,500	216,000	217,100	216,700	217,800	200,600	200,000	199,200	200,300	181,900	181,200	182,200	184,100	165,400	165,400	156,700	156,200	141,700	143,900	146,400	147,500
Dividends paid under the terms of shareholder agreements
61,800	6,100	2,500	5,000	26,700	4,400	2,400	3,500	3,000	43,800	1,500	1,500	54,900	3,400	1,200	2,600	4,500	42,200	35,000	1,000	3,500	19,700	800	900	51,900	24,600	0	900	3,700	5,100	29,500	9,600	-1,100	-3,300	0	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-6,200	-1,100	-13,300	-18,200	-1,500	-1,900	-9,600	-80,200	-4,200	-3,600	-20,000	-11,700	-	29,600	-29,600	-	-	0	100	-1,500	-10,600	-900	-3,100	-12,000	-1,500	200	-900	-	-	-	-	-4,800	-8,000	-100	-300	-1,800	0	-3,400	-5,100	100	-100	0	0	-2,600	-4,900	-200	-4,400
Net Cash Provided by (Used in) Financing Activities
-511,600	-751,200	-428,600	-718,400	-510,700	-524,300	-423,000	7,015,200	-438,700	-679,700	-451,300	-764,600	-353,900	-390,700	-238,200	-699,500	-378,700	-1,184,900	-156,900	-1,238,300	-516,200	522,800	-153,100	-653,900	-516,000	-416,900	-237,300	-540,900	-633,000	-659,100	692,800	-345,100	-377,500	-375,900	431,900	31,100	-489,300	-425,400	-57,300	-369,400	-443,300	-490,400	-200,700	-818,600	-381,700	-131,900	-72,300
Effect of exchange rate changes on cash and cash equivalents
-3,000	1,100	-5,000	-9,300	6,300	-9,200	-10,900	-14,500	15,400	-7,400	38,300	-2,000	16,200	-29,400	-3,300	20,500	-7,000	-3,100	-18,500	800	-55,200	-29,300	-5,200	-11,200	-13,500	8,600	-13,100	-15,000	-1,300	6,900	9,200	-13,500	7,600	-15,900	3,600	13,400	15,200	19,000	23,700	-35,200	-25,300	23,200	4,500	65,400	11,000	-87,700	-34,700
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
46,700	55,400	54,800	-97,100	14,400	99,800	33,900	-554,100	-9,000	141,300	54,700	-133,000	89,400	44,000	2,000	-19,000	132,900	199,200	116,400	-450,000	-110,300	53,300	-26,100	20,200	72,900	15,300	17,500	-9,800	16,300	-773,500	1,037,200	-14,100	-23,800	170,900	-281,400	79,300	-26,000	-130,700	23,800	-18,100	-167,100	146,800	-38,200	-187,500	297,700	-15,300	-6,100
Cash Flow from Changes in Current Assets and Liabilities
Increase (Decrease) Receivables
-36,700	59,600	37,400	-8,200	-13,100	15,300	48,700	97,200	-28,400	-34,200	88,100	-5,900	29,800	-36,400	81,700	-41,800	-61,200	-52,700	162,600	-183,200	-72,400	103,700	145,100	-166,800	-69,300	78,600	198,500	-132,200	-75,800	108,800	143,800	-90,800	-90,600	48,700	156,900	-40,500	-125,000	114,200	121,100	-123,800	3,300	60,600	181,000	-212,200	-97,900	124,700	103,600
Inventories Increase (Decrease)
-169,700	21,900	145,300	27,000	-96,000	-42,900	58,200	41,000	-72,200	-74,300	89,900	19,400	-78,600	-1,500	122,200	56,800	-106,900	-79,000	275,200	-26,600	-258,800	72,400	237,200	58,200	-184,300	-27,200	241,600	-38,400	-167,500	-136,800	324,000	-32,700	-113,100	-134,000	135,300	-64,600	-43,400	32,000	316,000	-119,600	-133,900	-27,200	297,400	-33,400	-225,400	39,700	247,200
Prepaid expenses and other current assets
12,800	80,400	-148,000	130,800	28,800	-9,900	-35,400	24,000	29,000	-30,200	-12,100	36,700	-55,600	-31,900	34,200	-2,500	21,200	-52,900	34,300	38,800	5,100	64,700	-58,100	26,100	16,500	-25,500	-27,600	113,300	500	-54,900	5,400	-3,000	-400	-90,500	-55,500	63,000	-200	27,200	6,000	63,600	-97,300	74,700	-94,500	41,900	-112,800	142,800	-102,100
Accounts payable
-125,800	281,500	-35,800	84,900	-66,600	126,400	17,700	162,300	36,000	298,400	78,600	199,900	-80,500	29,800	-49,700	242,800	19,600	-76,500	132,800	164,700	-158,600	97,300	42,400	210,300	-57,700	-8,200	47,100	199,900	-59,900	-53,300	176,900	88,900	-87,900	-59,800	70,900	104,900	-12,700	-59,300	76,100	123,500	-20,700	-77,300	44,100	21,200	-136,500	-13,900	12,800
Other current operating liabilities, Increase (decrease)
15,800	-27,300	-14,100	20,700	-77,200	-78,700	68,600	147,100	-75,000	-57,000	69,500	60,100	-55,600	-144,300	-39,800	-137,800	-17,500	149,100	139,100	61,200	64,700	-59,700	70,600	-138,800	-26,700	-96,900	157,500	-50,600	18,000	164,500	165,800	-38,300	-22,900	-7,800	31,000	-255,500	-31,900	-97,600	-39,100	-84,300	-13,700	215,100	41,000	-187,800	108,500	211,000	77,700
Changes in current assets and liabilities
-83,600	-92,300	84,600	44,000	63,500	-85,200	-14,800	-147,200	-32,600	-380,100	17,800	-209,800	31,700	44,700	327,600	-92,500	-149,000	-257,200	200,200	-396,900	-232,200	203,200	211,200	-154,000	-152,700	131,000	207,900	-206,600	-200,900	-194,100	130,500	-177,100	-93,300	-108,200	134,800	108,500	-124,000	330,300	406,100	-219,000	-193,500	-29,700	298,800	-37,100	-408,100	110,100	158,200