GENERAL MILLS, INC. GIS Cash Flow

General mills, inc. (GIS)

CashFlow / TTM

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
2,165	2,159	1,918	1,786	1,563	2,057	2,150	2,163	2,220	1,638	1,690	1,701	1,675	1,673	1,721	1,736	1,544	1,530	1,342	1,259	1,477	1,540	1,745	1,861	1,822	1,818	1,798	1,892	1,850	1,838	1,746	1,589	1,575	1,568	1,734	1,803	1,695	1,635	1,586	1,535	1,690	1,645	1,457	1,313	0	0	0
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization
611	617	619	620	648	638	628	618	590	593	596	603	615	616	616	608	585	590	581	588	587	578	584	585	597	599	599	588	575	564	555	541	516	505	486	472	471	459	457	457	460	457	453	453	0	0	0
After-tax earnings from joint ventures
77	78	76	72	72	77	78	84	84	78	84	85	88	93	86	88	83	80	84	84	82	92	91	89	94	93	99	98	92	87	83	88	102	92	98	96	81	100	104	101	98	90	85	91	0	0	0
Distributions of earnings from joint ventures
77	80	78	86	99	102	113	113	92	88	78	75	80	78	82	75	74	72	67	72	85	93	100	90	92	98	93	115	89	74	73	68	84	84	82	72	86	81	92	88	71	80	68	68	0	0	0
Stock-based compensation
85	88	87	84	80	73	73	77	82	87	86	95	94	93	97	89	93	94	92	106	105	108	112	108	105	103	103	100	102	103	102	108	112	111	111	105	105	106	107	107	102	93	100	117	0	0	0
Deferred income taxe expense benefit
42	39	27	93	37	-530	-513	-504	-445	159	186	183	223	247	135	120	31	-20	28	25	107	117	167	172	202	174	155	81	74	84	75	149	149	166	205	205	128	75	32	22	235	242	211	215	0	0	0
Tax benefit on exercised options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75	92	95	74	80	56	54	69	58	84	116	103	94	90	68	63	89	80	83	106	102	123	134	114	84	52	52	89	0	0	0
Pension and other postretirement benefit plan contributions
28	28	28	28	33	33	33	31	31	35	40	45	46	47	48	47	49	47	47	49	47	49	49	49	242	236	229	223	224	225	223	222	225	223	222	220	19	17	17	17	217	217	218	220	0	0	0
Pension and other postretirement benefit plan costs
-21	-12	-3	6	5	5	5	4	12	20	27	35	56	77	97	118	111	104	97	91	99	107	116	124	126	128	129	131	117	104	91	77	76	75	74	73	45	3	-17	-37	-35	-20	-22	-27	0	0	0
Restructuring, impairment, and other exit costs
29	68	259	235	365	312	116	126	-36	38	51	117	165	88	116	107	338	384	565	531	270	228	-0	-18	-26	-38	-57	-60	52	67	90	97	-1	-1	-1	-1	-3	3	23	23	56	50	31	31	0	0	0
Changes in current assets and liabilities
-47	99	106	7	-183	-279	-574	-542	-569	-540	-115	194	311	130	-171	-298	-602	-686	-225	-214	28	107	35	32	-20	-68	-393	-471	-441	-334	-248	-243	41	11	449	720	393	323	-36	-143	38	-176	-36	-176	0	0	0
Other, net
13	2	-34	-27	-179	-156	-178	-182	-78	-118	-86	-86	-62	-56	-88	-105	-130	-186	-129	-137	-50	-8	-40	-76	-40	78	47	30	-0	-199	-151	-95	-107	2	-29	-38	-46	-4	21	75	70	82	24	5	0	0	0
Net Cash Provided by (Used in) Operating Activities
2,939	2,867	2,771	2,807	2,733	2,670	2,857	2,841	2,891	2,994	2,634	2,415	2,460	2,595	2,704	2,764	2,843	2,835	2,644	2,542	2,378	2,395	2,489	2,541	2,504	2,617	2,818	2,926	2,891	2,567	2,455	2,407	1,944	2,088	1,794	1,531	1,871	1,793	2,083	2,181	2,256	2,451	1,877	1,828	0	0	0
Cash Flows - Investing Activities
Purchases of land, buildings, and equipment
439	442	494	537	592	616	619	622	607	626	647	684	726	754	735	729	699	688	711	712	738	712	688	663	618	618	597	613	664	675	683	675	649	629	649	648	654	676	656	649	630	578	560	562	0	0	0
Acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	822	822	822	12	0	-2	46	866	898	1,050	1,001	181	1,050	938	1,023	1,023	123	0	0	0	-	-	-	-	-	-	-	-
Investments In affiliates, net
-39	-12	-12	0	-3	-11	-10	-17	-16	-11	-11	3	5	59	71	63	-130	-123	-134	-102	101	40	99	54	83	83	36	40	3	3	14	22	22	22	3	1	254	132	128	130	-109	-4	2	5	0	0	0
Proceeds from disposal of land, buildings, and equipment
4	3	14	14	11	12	1	1	3	4	4	4	1	3	4	4	14	11	11	11	2	6	3	6	7	21	26	24	23	4	2	2	2	-1	2	4	3	8	3	7	9	10	9	4	0	0	0
Exchangeable Note
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	131	131	131	131	0	0	0	0	-	-	-	-	-	-	-	-
Proceeds From Repayments Of Exchangeable Note with Related Party
-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
5	-1	34	59	47	58	37	11	27	19	5	0	-20	-23	13	11	16	23	-5	4	2	-1	0	0	2	2	3	3	3	3	3	-6	-12	-14	-14	-20	-17	-28	-61	-52	-60	-33	18	22	0	0	0
Net Cash Provided by (Used in) Investing Activities
-453	-423	-500	-556	-8,668	-8,710	-8,702	-8,685	-647	-637	-642	-646	-665	-709	105	93	141	92	-1,544	-1,602	-1,539	-1,415	-645	-561	-664	-729	-1,475	-1,515	-1,682	-1,663	-866	-1,870	-1,717	-1,759	-1,752	-715	-703	-772	-724	-721	-617	-445	-281	-288	0	0	0
Cash Flows - Financing Activities
Change in notes payable
-779	296	-46	-66	794	-207	-276	327	-756	-149	956	962	1,302	1,134	-115	-323	-1,221	-1,725	-930	-509	1,332	1,040	218	572	-73	-881	-214	-44	-121	971	671	227	-279	-311	-329	-742	391	728	433	235	-848	-2,274	-1,185	-1,390	0	0	0
Issuance of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,253	1,274	2,024	1,944	1,673	0	0	0	-	-	-	-	-	-	-	-	1,200	500	500	500	0	0	1,150	1,150	1,850	0	0	0
Payment of long-term debt
1,736	2,002	1,493	1,493	1,153	100	600	600	0	0	0	-	-	-	-	1,000	1,750	752	752	1,145	1,095	1,117	1,118	1,444	744	741	1,261	542	552	1,962	1,443	1,450	1,441	12	12	7	407	907	906	906	517	114	140	370	0	0	0
Proceeds from common stock issued on exercised options
210	222	223	241	148	136	131	99	113	86	90	112	159	184	187	171	163	192	193	163	168	116	113	108	85	175	273	300	282	287	248	233	362	324	346	410	323	384	401	388	339	227	218	305	0	0	0
Tax benefit on exercised options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75	92	95	74	80	56	54	69	58	84	116	103	94	90	68	63	89	80	83	106	102	123	134	114	84	52	52	89	0	0	0
Purchases of common stock for treasury
3	0	0	1	1	1	1	601	601	902	1,852	1,651	1,655	1,407	854	606	602	742	875	1,161	1,503	1,850	1,885	1,745	1,703	1,429	1,070	1,044	745	581	475	313	312	410	485	1,163	1,531	1,420	1,246	691	388	326	1,031	1,296	0	0	0
Dividends paid
1,193	1,188	1,186	1,181	1,176	1,163	1,149	1,139	1,125	1,124	1,128	1,135	1,133	1,116	1,096	1,071	1,061	1,045	1,029	1,017	1,005	996	990	983	945	922	897	867	852	835	817	800	781	762	745	729	712	697	671	643	620	598	588	579	0	0	0
Dividends paid under the terms of shareholder agreements
75	40	38	38	37	13	52	51	49	101	61	61	62	11	50	84	82	81	59	25	24	73	78	77	77	29	9	39	47	43	34	5	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-38	-34	-34	-31	-93	-95	-97	-108	-39	-70	-37	-46	-	0	-77	-	-	-12	-12	-16	-26	-17	-16	-14	0	0	0	-	-	-	-	-13	-10	-2	-5	-10	-8	-8	-5	0	-2	-7	-7	-12	0	0	0
Net Cash Provided by (Used in) Financing Activities
-2,409	-2,408	-2,182	-2,176	5,557	5,629	5,473	5,445	-2,234	-2,249	-1,960	-1,747	-1,682	-1,707	-2,501	-2,420	-2,958	-3,096	-1,388	-1,384	-800	-800	-1,739	-1,824	-1,711	-1,828	-2,070	-1,140	-944	-688	-405	-666	-290	-402	-451	-940	-1,341	-1,295	-1,360	-1,503	-1,953	-1,891	-1,532	-1,404	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-16	-6	-17	-23	-28	-19	-17	31	44	45	23	-18	4	-19	7	-8	-27	-76	-102	-88	-100	-59	-21	-29	-33	-20	-22	-0	1	10	-12	-18	8	16	51	71	22	-17	-13	-32	67	104	-6	-46	0	0	0
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
59	27	71	51	-406	-429	-387	-367	54	152	55	2	116	159	315	429	-1	-244	-390	-533	-62	120	82	125	95	39	-749	270	265	225	1,170	-148	-55	-57	-358	-53	-151	-292	-14	-76	-246	218	56	88	0	0	0
Cash Flow from Changes in Current Assets and Liabilities
Increase (Decrease) Receivables
52	75	31	42	148	132	83	122	19	77	75	69	33	-57	-74	6	-134	-145	10	-6	9	12	-12	41	75	69	99	44	86	71	11	24	74	40	105	69	-13	114	61	121	32	-68	-4	-81	0	0	0
Inventories Increase (Decrease)
24	98	33	-53	-39	-15	-47	-15	-37	-43	29	61	98	70	-6	146	62	-89	62	24	109	183	83	88	-8	8	-101	-18	-13	41	44	-144	-176	-106	59	240	185	94	35	16	102	11	78	28	0	0	0
Prepaid expenses and other current assets
76	92	1	114	7	7	-12	10	23	-61	-62	-16	-55	21	0	0	41	25	142	50	37	49	-41	-10	76	60	31	64	-52	-52	-88	-149	-83	-83	34	96	96	-0	47	-53	-75	-90	-22	-30	0	0	0
Accounts payable
204	264	108	162	239	342	514	575	612	496	227	99	142	242	136	318	240	62	236	145	191	292	186	191	181	178	133	263	152	124	118	12	28	103	103	109	127	119	101	69	-32	-148	-85	-116	0	0	0
Other current operating liabilities, Increase (decrease)
-4	-97	-149	-66	59	62	83	84	-37	17	-70	-179	-377	-339	-46	132	331	414	205	136	-63	-154	-191	-104	-16	28	289	297	310	269	96	-38	-255	-264	-354	-424	-252	-234	78	158	54	176	172	209	0	0	0
Changes in current assets and liabilities
-47	99	106	7	-183	-279	-574	-542	-569	-540	-115	194	311	130	-171	-298	-602	-686	-225	-214	28	107	35	32	-20	-68	-393	-471	-441	-334	-248	-243	41	11	449	720	393	323	-36	-143	38	-176	-36	-176	0	0	0