Stock Analysis on Net

General Mills Inc. (NYSE:GIS)

This company has been moved to the archive! The financial data has not been updated since December 18, 2019.

Statement of Comprehensive Income 

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

General Mills Inc., consolidated statement of comprehensive income

US$ in thousands

Microsoft Excel
12 months ended: May 26, 2019 May 27, 2018 May 28, 2017 May 29, 2016 May 31, 2015 May 25, 2014
Net earnings, including earnings attributable to redeemable and noncontrolling interests 1,786,200 2,163,000 1,701,100 1,736,800 1,259,400 1,861,300
Foreign currency translation (82,800) (37,000) 6,300 (108,700) (957,900) (11,300)
Net actuarial income (loss) (253,400) 140,100 197,900 (325,900) (358,400) 206,000
Other fair value changes, securities 1,200 800 100 800 300
Other fair value changes, hedge derivatives 12,100 (50,800) 53,300 16,000 4,100 5,000
Reclassification to earnings, securities (2,000) (5,100)
Reclassification to earnings, hedge derivatives 900 17,400 (25,700) (9,500) 4,900 (4,600)
Reclassification to earnings, amortization of losses and prior service costs 84,600 117,600 122,500 128,600 105,100 107,600
Other comprehensive income (loss), net of tax (240,600) 183,400 355,100 (299,400) (1,201,400) 303,000
Comprehensive income 1,545,600 2,346,400 2,056,200 1,437,400 58,000 2,164,300
Comprehensive (income) loss attributable to redeemable and noncontrolling interests 10,700 (70,500) (31,000) (41,500) 192,900 (94,900)
Comprehensive income attributable to General Mills 1,556,300 2,275,900 2,025,200 1,395,900 250,900 2,069,400

Based on: 10-K (reporting date: 2019-05-26), 10-K (reporting date: 2018-05-27), 10-K (reporting date: 2017-05-28), 10-K (reporting date: 2016-05-29), 10-K (reporting date: 2015-05-31), 10-K (reporting date: 2014-05-25).

Comprehensive income item Description The company
Net earnings attributable to General Mills The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. General Mills Inc. net earnings attributable to General Mills increased from 2017 to 2018 but then slightly decreased from 2018 to 2019 not reaching 2017 level.
Comprehensive income attributable to General Mills Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners. General Mills Inc. comprehensive income attributable to General Mills increased from 2017 to 2018 but then decreased significantly from 2018 to 2019.