Total Liabilities for General Mills (GIS)
According to General Mills's latest reported financial statements, the company's latest reported total liabilities is $23.05B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Currently viewingTotal LiabilitiesSwitch metric
Latest period
$23.05B
YoY change
+9.3%
5Y CAGR
+1.7%
Peak year (2025)
$23.86B
Latest annual
$23.86B
Total Liabilities history chart for General Mills (GIS) from 1984 to 2025
Total Liabilities history table for General Mills (GIS) from 1984 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $23.86B | +9.3% | ||
| 2024 | $21.82B | +5.2% | ||
| 2023 | $20.75B | +2.2% | ||
| 2022 | $20.30B | -5.4% | ||
| 2021 | $21.46B | -2.0% | ||
| 2020 | $21.91B | -1.3% | ||
| 2019 | $22.19B | -5.0% | ||
| 2018 | $23.36B | +44.0% | ||
| 2017 | $16.22B | +4.2% | ||
| 2016 | $15.56B | -0.6% | ||
| 2015 | $15.66B | +3.3% | ||
| 2014 | $15.16B | +4.1% | ||
| 2013 | $14.56B | +8.9% | ||
| 2012 | $13.37B | +10.8% | ||
| 2011 | $12.06B | +0.3% | ||
| 2010 | $12.03B | -3.4% | ||
| 2009 | $12.46B | -1.0% | ||
| 2008 | $12.58B | +7.3% | ||
| 2007 | $11.73B | +5.0% | ||
| 2006 | $11.17B | -0.8% | ||
| 2005 | $11.26B | -12.7% | ||
| 2004 | $12.90B | -6.2% | ||
| 2003 | $13.75B | +7.3% | ||
| 2002 | $12.81B | +154.2% | ||
| 2001 | $5.04B | +3.6% | ||
| 2000 | $4.86B | +22.3% | ||
| 1999 | $3.98B | +8.3% | ||
| 1998 | $3.67B | +7.7% | ||
| 1997 | $3.41B | +14.1% | ||
| 1996 | $2.99B | -7.2% | ||
| 1995 | $3.22B | -20.5% | ||
| 1994 | $4.05B | +17.9% | ||
| 1993 | $3.43B | +17.0% | ||
| 1992 | $2.93B | +5.2% | ||
| 1991 | $2.79B | +12.4% | ||
| 1990 | $2.48B | +15.0% | ||
| 1989 | $2.16B | +6.6% | ||
| 1988 | $2.02B | +30.5% | ||
| 1987 | $1.55B | +10.4% | ||
| 1986 | $1.40B | -14.4% | ||
| 1985 | $1.64B | +0.3% | ||
| 1984 | $1.63B | — |
Total Liabilities values are taken from General Mills's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, General Mills (GIS) reported total liabilities of $23.86B – grew 9.3% year-over-year.
Across 2020–2025 (5 years), General Mills total liabilities produced a CAGR of +1.7% – with the latest reading among the more recent periods of the dataset.
2025 marks the peak total liabilities at $23.86B, with the historical low of $1.40B recorded in 1986.
Among 8 Consumer Defensive peers, General Mills (GIS) ranks 8th; the peer median for total liabilities is $71.74B.
General Mills Total Liabilities by Year
General Mills Total Liabilities 2025: $23.86B
General Mills total liabilities in 2025 was $23.86B, grew 9.3% from 2024. This figure represents the highest annual value in the available history.
General Mills Total Liabilities 2024: $21.82B
General Mills total liabilities in 2024 was $21.82B, grew 5.2% from 2023.
General Mills Total Liabilities 2023: $20.75B
General Mills total liabilities in 2023 was $20.75B, edged up 2.2% from 2022.
General Mills Total Liabilities 2022: $20.30B
General Mills total liabilities in 2022 was $20.30B, declined 5.4% below 2021.
General Mills Total Liabilities 2021: $21.46B
General Mills total liabilities in 2021 was $21.46B.
See more financial history for General Mills (GIS).
Sector peers — Total Liabilities
Companies in the same sector as General Mills, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| Walmart Inc. (WMT) | $178.49B | Consumer Defensive |
| PepsiCo, Inc. (PEP) | $86.85B | Consumer Defensive |
| Philip Morris International Inc. (PM) | $77.21B | Consumer Defensive |
| The Procter & Gamble Company (PG) | $72.95B | Consumer Defensive |
| The Coca-Cola Company (KO) | $70.54B | Consumer Defensive |
| Costco Wholesale Corporation (COST) | $47.94B | Consumer Defensive |
| Altria Group, Inc. (MO) | $38.47B | Consumer Defensive |
| Monster Beverage Corporation (MNST) | $1.73B | Consumer Defensive |
Frequently asked questions
What is General Mills's total liabilities?
- Latest reported total liabilities for General Mills (GIS) is $23.05B (period ending February 22, 2026).
How has General Mills total liabilities changed year-over-year?
- General Mills (GIS) total liabilities changed +9.3% year-over-year on the latest annual filing.
What is the long-term growth rate of General Mills total liabilities?
- General Mills (GIS) total liabilities compound annual growth rate is +1.7% over the most recent 5 years available.
When did General Mills total liabilities hit its highest annual value?
- General Mills total liabilities reached its highest annual value of $23.86B in 2025.
What was General Mills total liabilities in 2024?
- General Mills (GIS) total liabilities in 2024 was $21.82B.
What was General Mills total liabilities in 2025?
- General Mills (GIS) total liabilities in 2025 was $23.86B.
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