| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-08-30 | restructuring | in_progress | 2030-05-31 | USD 24 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-announced actions only; no new actions this quarter. Reserve of $40.5M at quarter-end, primarily severance. No employee count disclosed. | |||||
| 2026-08-30 | divestiture_reduction | completed | 2026-09-02 | Brazil | USD 24 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Brazil business to 3corações completed 2026-09-02 (subsequent event); $23.7M non-cash valuation loss. No headcount disclosed. | ||||
| 2026-08-30 | restructuring | in_progress | 2030-05-31 | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with restructuring and transformation actions previously announced. Expected to be completed by end of fiscal 2030. | |||||
| 2026-08-30 | divestiture_reduction | completed | 2026-09-02 | Brazil | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Valuation loss on held for sale business (Brazil). Sale completed September 2, 2026. | ||||
| 2026-05-31 | restructuring | in_progress | 2029-05-31 | Global | Supply chain | USD 95 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year organizational initiative to increase supply chain competitiveness approved in fiscal 2026; $95.4M charged in FY2026. Full program expected to cost ~$101M (~$33M cash), comprising ~$66M asset write-offs and ~$35M other costs including severance; $71.0M write-offs and $24.4M other costs recognized in FY2026. Completion expected by end of fiscal 2029. Employees affected not disclosed; some actions subject to union negotiations and works council consultations. | |||
| 2026-05-31 | restructuring | in_progress | Global | Enterprise / global transformation | USD 60 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2026 charges associated with restructuring and transformation actions previously announced, including the multi-year global transformation initiative first recorded in fiscal 2025; only current-year activity extracted. Employees affected not disclosed. | ||||
| 2026-05-31 | divestiture_reduction | completed | United States | North America Retail (U.S. yogurt business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the U.S. yogurt business to Groupe Lactalis S.A. completed in the first quarter of fiscal 2026 for $1,798M cash, with a $1,046.5M pre-tax gain (plus a $7.9M price adjustment). Headcount removed not disclosed. | |||||
| 2026-05-31 | divestiture_reduction | announced | 2026-12-31 | Brazil | International | USD 1,032 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement in Q4 fiscal 2026 to sell the Brazil business to Café Três Corações S.A. for a base price of R$800.0M; assets and liabilities classified as held for sale at May 31, 2026 with a $1,031.8M non-cash pre-tax valuation loss (not a severance charge). Closing anticipated in calendar 2026 subject to regulatory approvals. Headcount affected not disclosed. | |||
| 2026-05-31 | restructuring | in_progress | 2026-05-31 | 2029-05-31 | Global | Supply Chain | USD 95 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Multi-year organizational initiative to increase competitiveness of supply chain. Total expected charges approx $101 million; $95.4 million recorded in FY2026. Completion expected by end of fiscal 2029. | ||
| 2026-05-31 | restructuring | in_progress | 2026-05-31 | Global | Corporate | USD 60 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with restructuring and transformation actions previously announced. | |||
| 2026-05-31 | restructuring | in_progress | Supply Chain Actions [Member] | USD 95,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2026-05-31 | restructuring | in_progress | Asset Write-Offs [Member] / Supply Chain Actions [Member] | USD 71,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2026-05-31 | restructuring | in_progress | Other Costs [Member] / Supply Chain Actions [Member] | USD 24,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2026-05-31 | restructuring | in_progress | Actions Previously Announced [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2026-02-22 | restructuring | in_progress | 2025-08-01 | 2029-05-31 | Global | Supply chain | USD 96 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year supply chain competitiveness initiative approved in Q2 FY2026; ~$96M total expected charges (~$66M asset write-offs, ~$30M other incl. severance), ~$28M cash. No employee count disclosed. | ||
| 2026-02-22 | restructuring | in_progress | 2028-05-31 | Global | Corporate / cross-segment | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced restructuring and transformation actions; $47.9M charged in nine months ended 2026-02-22. No employee count or announcement date disclosed. | ||||
| 2026-02-22 | divestiture_reduction | completed | 2025-08-31 | United States | North America Retail — U.S. yogurt business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of U.S. yogurt business to Groupe Lactalis completed in Q1 FY2026 for $1,798M cash; pre-tax gain of $1,046.5M. No headcount disclosed. | ||||
| 2026-02-22 | divestiture_reduction | announced | 2026-03-16 | 2026-12-31 | Brazil | International — Brazil business | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell Brazil business to Café Três Corações for R$800.0M base price; expected pre-tax loss including $622.1M accumulated FX translation losses. No headcount disclosed. | |||
| 2026-02-22 | acquisition_addition | completed | 2024-11-30 | North America | North America Pet — Whitebridge Pet Brands | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Whitebridge Pet Brands acquisition ($1.4B) completed in Q3 FY2025; goodwill $1,086.7M. No headcount added disclosed. | ||||
| 2026-02-22 | restructuring | in_progress | 2025-11-01 | 2029-05-31 | Global | Supply Chain | USD 75 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Multi-year organizational initiative to increase supply chain competitiveness approved in Q2 FY26. Total expected charges approx $96M ($28M cash). Q3 charges $25.1M; YTD charges $75.4M. Employee count not disclosed. | ||
| 2026-02-22 | restructuring | in_progress | 2028-05-31 | Global | Various | USD 48 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with restructuring and transformation actions previously announced. Q3 charges $7.7M; YTD charges $47.9M. Employee count not disclosed. | |||
| 2026-02-22 | divestiture_reduction | completed | 2026-02-22 | United States | North America Retail | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of United States yogurt business to Groupe Lactalis S.A. completed in Q1 FY26. Pre-tax gain of $1,046.5M recorded. Employee count not disclosed. | ||||
| 2026-02-22 | acquisition_addition | completed | 2025-08-31 | North America | North America Pet | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of NX Pet Holding, Inc. (Whitebridge Pet Brands) completed in Q3 FY25. Purchase price $1.4B. Employee count not disclosed. | ||||
| 2026-02-22 | restructuring | in_progress | Supply Chain Actions [Member] | USD 25,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-11-23 | restructuring | in_progress | 2029-05-31 | Supply chain | USD 82 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year organizational initiative to increase supply chain competitiveness approved in Q2 fiscal 2026; approximately $17M expected to be cash, comprising ~$64M asset write-offs and ~$18M other costs including severance. In Q2 fiscal 2026, $45.4M of asset write-offs (including $42.5M impairment) and $4.9M of severance and other benefit costs were recognized. No employee count disclosed; announcement date stated only as second quarter of fiscal 2026. | ||||
| 2025-11-23 | restructuring | in_progress | 2028-05-31 | USD 40 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring and transformation charges related to previously announced actions: $21.9M recognized in Q2 fiscal 2026 and $40.2M in the six-month period; charge value shown is the year-to-date figure. Net cash payments of $46.6M in the six-month period. No employee count disclosed; actions predate this quarter. | |||||
| 2025-11-23 | restructuring | in_progress | 2025-11-23 | 2029-05-31 | Global | Supply Chain | USD 82 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Multi-year organizational initiative to increase supply chain competitiveness. Expected charges include ~$64M asset write-offs and ~$18M other costs including severance. Employee count not disclosed. | ||
| 2025-11-23 | restructuring | in_progress | 2028-05-31 | Global | Corporate and Operations | USD 40 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to restructuring and transformation actions previously announced. Employee count not disclosed. | |||
| 2025-11-23 | restructuring | in_progress | Supply Chain Actions [Member] | USD 50,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-11-23 | restructuring | in_progress | Asset Write-Offs [Member] / Supply Chain Actions [Member] | USD 45,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-11-23 | restructuring | in_progress | Asset Impairments [Member] / Supply Chain Actions [Member] | USD 42,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-11-23 | restructuring | in_progress | Severance And Other Benefit Costs [Member] / Supply Chain Actions [Member] | USD 4,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-08-24 | restructuring | in_progress | 2028-05-31 | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges relate to previously announced actions; no new actions initiated in the quarter and no employee counts disclosed. Reserve balance was $69.3M at quarter-end; completion expected by end of fiscal 2028. | |||||
| 2025-08-24 | divestiture_reduction | completed | United States | North America Retail (U.S. yogurt business) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the U.S. yogurt business to Groupe Lactalis S.A. completed in the quarter for $1,798M cash with a pre-tax gain of $1,046.5M; no headcount associated with the divestiture is disclosed. | |||||
| 2025-08-24 | restructuring | in_progress | 2028-05-31 | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to actions previously announced. Expected completion by end of fiscal 2028. Employee count not disclosed. | |||||
| 2025-08-24 | divestiture_reduction | completed | 2025-08-24 | United States | North America Retail | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of United States yogurt business to Groupe Lactalis S.A. completed in Q1 FY2026. Employee count not disclosed. | ||||
| 2025-08-24 | acquisition_addition | completed | 2025-05-25 | North America | North America Pet | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Whitebridge Pet Brands (NX Pet Holding, Inc.) completed in Q3 FY2025. Employee count not disclosed. | ||||
| 2025-05-25 | restructuring | in_progress | 2028-05-31 | Global | Enterprise-wide (global transformation initiative) | USD 70 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved in fiscal 2025; $70.1M charged in FY2025 within a program expected to total approximately $130M (about $120M cash), including $68.7M severance and other benefit costs. Expected completion by end of fiscal 2028. Employees affected not disclosed. | |||
| 2025-05-25 | restructuring | in_progress | 2026-05-31 | International | International — Häagen-Dazs branded shops network optimization | USD 32 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Previously announced actions; FY2025 estimate increased by approximately $24M. Total expected charges approximately $32M (about $18M cash), comprising roughly $9M asset write-offs, $7M severance, $8M other. Completion expected by end of fiscal 2026. Employees affected not disclosed. | |||
| 2025-05-25 | acquisition_addition | completed | North America | North America Pet | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Whitebridge Pet Brands (NX Pet Holding, Inc.) acquired in Q3 fiscal 2025 for $1.4B; premium cat feeding and pet treating business. Headcount added not disclosed. | |||||
| 2025-05-25 | divestiture_reduction | completed | Canada | North America Retail — yogurt business | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Canada yogurt business sold to Sodiaal in Q3 fiscal 2025 for $242M cash; pre-tax gain of $95.9M. Headcount removed not disclosed. | |||||
| 2025-05-25 | divestiture_reduction | announced | 2025-08-31 | United States | North America Retail — U.S. yogurt business | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent to fiscal year-end, regulatory review for the sale to Lactalis was completed and the transaction cleared to close, with closing expected in Q1 fiscal 2026; related assets classified as held for sale at May 25, 2025. Headcount removed not disclosed. | ||||
| 2025-05-25 | restructuring | in_progress | 2025-05-25 | 2028-05-31 | Global | Corporate / All Segments | USD 70 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Multi-year global transformation initiative approved in fiscal 2025. Total expected charges approx $130 million. Fiscal 2025 charges of $70.1 million include $68.7 million severance/benefits and $1.4 million other costs. Expected completion by end of fiscal 2028. | ||
| 2025-05-25 | restructuring | in_progress | 2025-05-25 | 2026-05-31 | International | International | USD 17 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Previously announced actions to optimize Häagen-Dazs shops network. Fiscal 2025 charges of $17.4 million. Total expected restructuring charges approx $32 million. Expected completion by end of fiscal 2026. | ||
| 2025-05-25 | restructuring | in_progress | Severance And Other Benefit Costs / Global Transformation Initiative | USD 68,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-05-25 | restructuring | in_progress | Other Restructuring / Global Transformation Initiative | USD 1,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-02-23 | acquisition_addition | completed | United States | North America Pet | USD 1,400 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Whitebridge Pet Brands (NXPet Holding, Inc.) acquired in Q3 FY2025 for $1.4 billion, financed with cash on hand; goodwill of $1,087.4 million recorded. No employee headcount added disclosed. | ||||
| 2025-02-23 | divestiture_reduction | completed | Canada | North America Retail | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Canada yogurt business sold to Sodiaal in Q3 FY2025 for approximately $2.1 billion total agreements; pre-tax gain of $95.9 million recorded. No headcount reduction disclosed. | |||||
| 2025-02-23 | divestiture_reduction | in_progress | 2025-12-31 | United States | North America Retail | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | U.S. yogurt business sale to Lactalis expected to close in calendar year 2025, subject to regulatory approvals; assets and liabilities classified as held for sale at quarter-end. No headcount reduction disclosed. | ||||
| 2025-02-23 | restructuring | in_progress | 2026-05-31 | Global | Corporate | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | No new restructuring actions undertaken in the nine-month period; $3.6 million of charges related to previously announced actions, expected to be completed by end of fiscal 2026. Number of employees affected not disclosed. | |||
| 2025-02-23 | restructuring | in_progress | 2026-05-31 | Global | Various | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to restructuring actions previously announced. Expected completion by end of fiscal 2026. No specific employee count disclosed for the current period. | |||
| 2024-11-24 | restructuring | in_progress | 2026-05-31 | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges in Q2 FY2025 relate to previously announced actions; no new actions undertaken in the six-month period, and no employee counts or severance headcount detail disclosed. Company expects actions completed by end of fiscal 2026. | |||||
| 2024-11-24 | acquisition_addition | announced | 2025-02-28 | North America | North America Pet | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Whitebridge Pet Brands' North American premium cat feeding and pet treating business for approximately $1.4 billion, expected to close in Q3 fiscal 2025 subject to regulatory approval; no headcount added disclosed. Agreement entered during the quarter; exact announcement date not stated. | ||||
| 2024-11-24 | divestiture_reduction | announced | 2025-12-31 | North America | North America Retail / North America Foodservice (yogurt businesses) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreements to sell North American yogurt businesses to affiliates of Lactalis and Sodiaal for approximately $2.1 billion, expected to close in calendar 2025; related assets and liabilities classified as held for sale at quarter-end. No headcount reduction disclosed. Agreement entered during the quarter; exact announcement date not stated. | ||||
| 2024-11-24 | restructuring | in_progress | 2026-05-31 | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with restructuring actions previously announced. Expected to be completed by the end of fiscal 2026. | |||||
| 2024-11-24 | acquisition_addition | announced | 2024-11-24 | North America | Pet | USD 1,400 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Definitive agreement to acquire Whitebridge Pet Brands' North American premium cat feeding and pet treating business. Expected to close in Q3 fiscal 2025. | |||
| 2024-08-25 | restructuring | in_progress | 2026-05-31 | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced actions; no new actions this quarter. $2.9M charges recorded in Q1 FY2025 ($2.2M in exit-costs line, $0.7M in cost of sales); $2.7M cash paid. No employee counts disclosed. Expected completion by end of fiscal 2026 (approximate date). | |||||
| 2024-08-25 | acquisition_addition | completed | Europe | International | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pet food business acquired in fiscal 2024 for $434.1M net of cash acquired; $7.7M purchase price holdback paid in Q1 FY2025. Headcount added not disclosed; results reported in International segment on a one-month lag. | |||||
| 2024-08-25 | divestiture_reduction | announced | 2024-09-12 | 2025-12-31 | North America | North America Retail | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreements to sell North American Yogurt businesses for approximately $2.1 billion; expected to close in calendar 2025 subject to regulatory approvals. Headcount reduction not quantified. | |||
| 2024-08-25 | restructuring | in_progress | 2026-05-31 | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to previously announced restructuring actions. Expected completion by end of fiscal 2026. No employee count disclosed. | |||||
| 2024-08-25 | acquisition_addition | completed | Europe | International | USD 8 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Payment of purchase price holdback for pet food business acquired in prior fiscal year. Headcount not disclosed. | ||||
| 2024-05-26 | restructuring | in_progress | 2026-05-31 | United States and Canada | Pet segment — go-to-market commercial strategy and organizational structure | USD 19 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2024 charges of $18.6M; total program expected at approximately $24M including ~$15M accelerated depreciation and ~$9M other costs, of which ~$2M cash. Employees affected not disclosed. Expected completion by end of fiscal 2026. | |||
| 2024-05-26 | restructuring | in_progress | International | International segment — manufacturing and logistics operations efficiency | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Previously announced multi-year actions; FY2024 incremental charge of $3.4M long-lived asset impairment from increased estimate. Cumulative through fiscal 2024 approximately $42M of charges and project-related costs, of which ~$14M cash; ~$4M cash expected in fiscal 2025 with immaterial charges. Employees affected not disclosed. | ||||
| 2024-05-26 | acquisition_addition | completed | 2024-05-26 | Europe | International segment — pet food business | USD 435 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase price of $434.5M net of cash acquired, including ~$8M holdback payable in Q1 fiscal 2025. Headcount added not disclosed; results reported in International segment on a one-month lag starting fiscal 2025. | |||
| 2024-05-26 | restructuring | in_progress | 2024-05-26 | 2026-05-31 | Global | Pet Segment | USD 17 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Approved restructuring actions to enhance go-to-market commercial strategy and organizational structure of Pet segment. Recorded $17 million of charges in fiscal 2024. Expected to incur approx $24 million total charges, completed by end of fiscal 2026. | ||
| 2024-05-26 | restructuring | in_progress | 2024-05-26 | 2025-05-31 | International | International Segment | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Increased estimate of restructuring charges for previously announced actions to drive efficiencies in manufacturing and logistics. Recorded $3.4 million long-lived asset impairment charge in fiscal 2024. Immaterial charges expected in fiscal 2025. | ||
| 2024-05-26 | restructuring | in_progress | Accelerated Depreciation / Go To Market Commercial Strategy And Related Organizational Actions | USD 13,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-05-26 | restructuring | in_progress | Other Restructuring / Go To Market Commercial Strategy And Related Organizational Actions | USD 4,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-02-25 | restructuring | in_progress | 2026-05-31 | Global | Global supply chain | USD 44 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced supply-chain efficiency actions; revised in Q3 FY2024 to about $44M total charges and project costs, of which about $25M cash, including roughly $24M severance. No employee count disclosed; expected completion by end of fiscal 2026. | |||
| 2024-02-25 | restructuring | in_progress | 2025-05-31 | United States | Pet segment — go-to-market commercial strategy and organizational structure | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Commercial strategy actions approved in Q2 FY2024; $14.1M charged in the nine months ended 2024-02-25 ($9.0M in Q3). No employee count disclosed; expected completion by end of fiscal 2025. | |||
| 2024-02-25 | restructuring | in_progress | 2026-05-31 | Global | Corporate | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges related to previously announced restructuring actions; $16.4M in the nine months ended 2024-02-25, including a $3.1M net recovery in Q3. Reserve balance of $19.9M at 2024-02-25, primarily expected severance. No employee count disclosed. | |||
| 2024-02-25 | restructuring | completed | Latin America | International segment — Latin America reporting unit | USD 117 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Non-cash goodwill impairment charge recorded in Q2 FY2024 due to lower profitability projections; no headcount reduction disclosed with the charge. | ||||
| 2024-02-25 | restructuring | in_progress | 2024-08-01 | 2026-05-31 | Global | Pet Segment | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Commercial strategy actions approved in Q2 FY24 to enhance go-to-market commercial strategy and associated organizational structure of the Pet segment. Employee count not disclosed. | ||
| 2024-02-25 | restructuring | in_progress | 2025-05-31 | Global | Supply Chain | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Previously announced actions to enhance efficiency of global supply chain structure. Estimate of charges decreased in Q3 FY24. Employee count not disclosed. | |||
| 2023-11-26 | restructuring | in_progress | 2026-05-31 | United States and Canada | Pet | USD 22 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 FY2024 to enhance go-to-market commercial strategy and organizational structure; ~$16M accelerated depreciation and ~$6M other costs including severance; ~$4M expected to be cash. Employee headcount impact not disclosed. | |||
| 2023-11-26 | restructuring | in_progress | 2025-05-31 | International | International (manufacturing and logistics) | USD 36 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced actions; estimate increased by ~$11M in Q2 FY2024. Total ~$36M including ~$12M severance and ~$24M other costs (primarily asset write-offs); ~$18M expected cash. Employee headcount impact not disclosed. | |||
| 2023-11-26 | restructuring | in_progress | 2025-05-31 | Multiple (previously announced actions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | $19.5M recognized in the six-month period ended 2023-11-26 related to previously announced restructuring actions; expected completion by end of fiscal 2025. Employee headcount impact not disclosed. | |||||
| 2023-11-26 | other | completed | Latin America | International (Latin America reporting unit) | USD 117 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Non-cash goodwill impairment charge recorded in Q2 FY2024 due to lower future profitability projections; not a headcount action per se but reported within restructuring, impairment, and other exit costs. | ||||
| 2023-11-26 | restructuring | in_progress | 2023-11-26 | 2026-12-31 | North America | Pet | USD 22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Approved in Q2 FY24 to enhance go-to-market commercial strategy. Expected total charges ~$22M, including ~$16M accelerated depreciation and ~$6M other costs (severance). ~$4M expected to be cash. | ||
| 2023-11-26 | restructuring | in_progress | 2023-11-26 | 2024-12-31 | International | International | USD 36 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Previously announced actions to drive efficiencies in manufacturing and logistics. Estimate increased in Q2 FY24. Total expected charges ~$36M, including ~$12M severance and ~$24M other costs (asset write-offs). ~$18M expected to be cash. | ||
| 2023-11-26 | restructuring | in_progress | Accelerated Depreciation / Commercial Strategy Action | USD 2,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-11-26 | restructuring | in_progress | Other Costs Including Severance / Commercial Strategy Action | USD 2,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-08-27 | restructuring | in_progress | 2025-05 | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | No new actions initiated in Q1 FY2024; charges of $9.8M relate to previously announced actions ($8.6M in cost of sales, $1.2M in restructuring line). Reserve balance $42.5M at quarter-end after $6.4M utilized; expected completion by end of fiscal 2025. No employee counts disclosed. | |||||
| 2023-08-27 | restructuring | in_progress | 2025-05-26 | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for previously announced restructuring actions. Expected to be completed by end of fiscal 2025. Employee count not disclosed. | |||||
| 2023-05-28 | restructuring | in_progress | 2025-05-31 | Global | Global supply chain | USD 36 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved during fiscal 2023 to improve global supply chain efficiency; $36.2M recognized in FY2023 ($25.8M severance, $10.4M other). Filer expects approximately $52M total charges and project-related costs, of which about $35M cash, with actions completed by end of fiscal 2025. No employee-affected count disclosed. Expected completion date reflects filer's stated 'end of fiscal 2025'. | |||
| 2023-05-28 | restructuring | in_progress | 2024-05-31 | International (outside United States and Canada) | International — Häagen-Dazs shops network | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved during fiscal 2023 to optimize the Häagen-Dazs shop network; $6.4M recognized in FY2023 ($5.6M severance, $0.8M other). Filer expects approximately $10M total charges and project-related costs, about $9M cash, completed by end of fiscal 2024. No employee-affected count disclosed. Expected completion date reflects filer's stated 'end of fiscal 2024'. | |||
| 2023-05-28 | restructuring | in_progress | Not specified | Not specified | USD 18 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2023 charges on restructuring actions previously announced in earlier fiscal years; current-year activity only, to avoid double-counting prior 10-K disclosures. No employee-affected count or completion date disclosed for this component. | ||||
| 2023-05-28 | acquisition_addition | completed | United States | North America Foodservice | USD 253 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | TNT Crust (frozen pizza crust manufacturer) acquired in Q1 fiscal 2023 for a $253.0M purchase price, financed with U.S. commercial paper; $156.8M of goodwill recorded. Associated charge value here is the purchase price, not a severance or restructuring charge. No headcount added disclosed. | ||||
| 2023-05-28 | divestiture_reduction | completed | United States | North America Retail — Helper main meals and Suddenly Salad side dishes | USD 607 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Business sold to Eagle Family Foods Group during Q1 fiscal 2023 for $606.8M cash proceeds; pre-tax gain of $442.2M recorded. Associated charge value here is the sale proceeds, not a severance or restructuring charge. No headcount removed disclosed. | ||||
| 2023-05-28 | restructuring | in_progress | 2023-05-28 | 2025-05-31 | Global | Supply Chain | USD 36 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Global supply chain actions to enhance efficiency. Expected total charges approx $52M, of which $36.2M recorded in FY23. Completion expected by end of FY2025. | ||
| 2023-05-28 | restructuring | in_progress | 2023-05-28 | 2024-05-31 | International | Häagen-Dazs | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Optimization of Häagen-Dazs shops network. Expected total charges approx $10M, of which $6.4M recorded in FY23. Completion expected by end of FY2024. | ||
| 2023-05-28 | restructuring | completed | 2023-05-28 | Global | Various | USD 18 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with restructuring actions previously announced. | |||
| 2023-05-28 | restructuring | in_progress | Employee Severance / Global Supply Chain Actions | USD 25,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-05-28 | restructuring | in_progress | Other Restructuring / Global Supply Chain Actions | USD 10,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-05-28 | restructuring | in_progress | Employee Severance / Optimization Of Hagen Dazs Shops Network / International | USD 5,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-05-28 | restructuring | in_progress | Other Restructuring / Optimization Of Hagen Dazs Shops Network / International | USD 800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-02-26 | restructuring | in_progress | Not specified | Not specified | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | No new restructuring actions in the period; charges relate to previously announced actions ($2.1M in Q3, $16.0M YTD). Company expects actions completed by end of fiscal 2024; no employee count disclosed. Reserve balance $18.9M at 2023-02-26. | ||||
| 2023-02-26 | acquisition_addition | completed | United States | North America Foodservice | USD 253 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | TNT Crust acquired in Q1 fiscal 2023 for $253.0M purchase price (financed with U.S. commercial paper); goodwill of $154.3M recorded. Headcount added not disclosed. | ||||
| 2023-02-26 | divestiture_reduction | completed | United States | North America Retail | USD 607 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Helper main meals and Suddenly Salad side dishes businesses to Eagle Family Foods Group completed in Q1 fiscal 2023 for $606.8M; pre-tax gain of $442.2M. Headcount removed not disclosed. | ||||
| 2023-02-26 | restructuring | in_progress | 2024-05-28 | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to previously announced restructuring actions. Expected completion by end of fiscal 2024. | |||||
| 2023-02-26 | acquisition_addition | completed | North America | North America Foodservice | USD 253 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of TNT Crust. Headcount not explicitly disclosed. | ||||
| 2023-02-26 | divestiture_reduction | completed | North America | North America Retail | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Helper main meals and Suddenly Salad side dishes business. Headcount not explicitly disclosed. | |||||
| 2022-11-27 | restructuring | in_progress | 2024-05-31 | International | International segment — manufacturing and logistics operations | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Estimate increased in Q2 FY2023; ~$16M cash, ~$12M severance, ~$10M other costs, ~$3M project-related. No employee count disclosed. | |||
| 2022-11-27 | restructuring | in_progress | 2023-05-31 | Global | Global organizational structure and resource realignment | USD 140 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Estimate increased in Q2 FY2023; ~$115M cash, ~$105M severance, ~$35M other costs. No employee count disclosed. | |||
| 2022-11-27 | acquisition_addition | completed | United States | North America Foodservice | USD 253 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | TNT Crust acquisition completed in Q1 FY2023 for $253.0M purchase price; no headcount added disclosed. | ||||
| 2022-11-27 | divestiture_reduction | completed | United States | North America Retail | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Helper main meals and Suddenly Salad side dishes businesses for $606.8M in Q1 FY2023; no headcount removed disclosed. | |||||
| 2022-11-27 | restructuring | in_progress | 2024-05-28 | International | Manufacturing and logistics operations | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Increased estimate of restructuring charges for previously announced actions in International segment. Includes approx $12M severance and $10M other costs. | |||
| 2022-11-27 | restructuring | in_progress | 2023-05-29 | Global | Organizational structure and resource realignment | USD 140 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Increased estimate for previously announced global organizational structure actions. Includes approx $105M severance and $35M other costs. | |||
| 2022-11-27 | restructuring | in_progress | Employee Severance / International Manufacturing And Logistics Operations | USD 4,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-11-27 | restructuring | in_progress | Previously Announced Global Organizational Structure And Resource Realignment Actions | USD 4,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-08-28 | restructuring | in_progress | 2024-05-31 | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | No new restructuring actions undertaken in the quarter; $2.3M of charges recorded for previously announced actions, with reserve declining from $36.8M to $19.3M. Filer does not disclose number of employees affected. | |||||
| 2022-08-28 | restructuring | in_progress | 2024-05-28 | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to previously announced restructuring actions. Expected completion by end of fiscal 2024. No employee count disclosed. | |||||
| 2022-08-28 | acquisition_addition | completed | North America | North America Foodservice | USD 253 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of TNT Crust. Headcount not disclosed. | ||||
| 2022-08-28 | divestiture_reduction | completed | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Helper main meals and Suddenly Salad side dishes business. Headcount not disclosed. | |||||||
| 2022-05-29 | restructuring | in_progress | 2024-05-31 | International | International segment — manufacturing and logistics operations | USD 15 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved during fiscal 2022; $15.0M charged in FY2022. Total expected program cost approximately $21M including about $3M project-related costs, of which about $12M cash; expected completion by end of fiscal 2024 (date approximates fiscal year end). Employees affected not disclosed. | |||
| 2022-05-29 | restructuring | in_progress | 2023-05-31 | Global | Global organizational structure and resource realignment | USD -38 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program announced in fiscal 2021; only current-year activity extracted — FY2022 net recoveries of $38.2M (credit), including a $34.0M reduction to restructuring reserves. Cumulative program expected to total approximately $125M to $135M (about $100M to $110M cash), completion by end of fiscal 2023 (date approximates fiscal year end). Employees affected not disclosed. | |||
| 2022-05-29 | acquisition_addition | completed | United States, Canada | Pet segment | USD 1,200 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Tyson Foods' pet treats business for $1.2B cash, completed in the first quarter of fiscal 2022; financed with cash on hand and short-term debt. Headcount added not disclosed; charge value shown is the purchase price, not a severance or restructuring charge. | ||||
| 2022-05-29 | divestiture_reduction | completed | France | International segment — yogurt business (Yoplait SAS, Yoplait Marques SNC, Liberté Marques Sàrl) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold to Sodiaal International in the third quarter of fiscal 2022 in exchange for Sodiaal's interest in the Canadian yogurt business, a modified brand-use agreement, and cash; net pre-tax gain of $163.7M including $14.9M of purchase price adjustments. Headcount removed not disclosed. | |||||
| 2022-05-29 | divestiture_reduction | completed | Europe | International segment — European dough businesses | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed during fiscal 2022 for cash proceeds of $42M, net pre-tax gain of $30.4M. Headcount removed not disclosed. | |||||
| 2022-05-29 | divestiture_reduction | announced | 2022-08-31 | United States | North America Retail — Helper main meals and Suddenly Salad side dishes | USD 610 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement entered in the fourth quarter of fiscal 2022 to sell to Eagle Family Foods Group for approximately $610M; expected to close in the first quarter of fiscal 2023 (date approximates fiscal quarter end). Related assets classified as held for sale at May 29, 2022. Headcount removed not disclosed; charge value shown is the sale price, not a severance charge. | |||
| 2022-05-29 | acquisition_addition | completed | United States | North America Foodservice — pizza (TNT Crust) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire TNT Crust entered in the fourth quarter of fiscal 2022; transaction closed after fiscal year end but before the filing date. Purchase price and headcount added not disclosed in this filing. | |||||
| 2022-05-29 | restructuring | in_progress | 2022-01-01 | 2024-05-26 | International | Manufacturing and Logistics | USD 21 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Actions approved in fiscal 2022 to drive efficiencies in International manufacturing and logistics. Expected total charges approx $21 million. Completion expected by end of fiscal 2024. Employee count not explicitly disclosed. | ||
| 2022-05-29 | restructuring | in_progress | 2021-01-01 | 2023-05-28 | Global | Organizational Structure and Resource Realignment | USD 130 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Previously announced global organizational structure and resource realignment actions. Total expected charges approx $125-$135 million. Completion expected by end of fiscal 2023. Employee count not explicitly disclosed. | ||
| 2022-05-29 | restructuring | in_progress | Employee Severance / International Manufacturing And Logistics Operations | USD 7,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-05-29 | restructuring | in_progress | Other Restructuring / International Manufacturing And Logistics Operations | USD 7,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-02-27 | restructuring | in_progress | 2021-11-29 | 2024-05-31 | International | International — manufacturing and logistics operations | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring actions in International segment to drive manufacturing and logistics efficiencies, approved in Q2 FY2022; $14.3M charged in nine-month period. Employee count not disclosed. | ||
| 2022-02-27 | restructuring | in_progress | 2024-05-31 | Not specified | Corporate — organizational structure and resource alignment | USD -6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced restructuring actions; net recovery of $6.4M recorded in nine-month period FY2022. Total expected program charges revised to $150M–$160M ($120M–$130M cash). Employee count not disclosed. | |||
| 2022-02-27 | acquisition_addition | completed | United States | Pet | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Tyson Foods' pet treats business for $1.2B in Q1 FY2022; headcount added not disclosed. | |||||
| 2022-02-27 | divestiture_reduction | completed | France / International | International — Yoplait and Liberté businesses | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of interests in Yoplait SAS, Yoplait Marques SNC, and Liberté Marques Sàrl to Sodiaal International completed in Q3 FY2022; headcount removed not disclosed. | |||||
| 2022-02-27 | divestiture_reduction | in_progress | 2022-05-29 | Europe | International — European dough businesses | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreements to sell European dough businesses entered in Q2 FY2022; remaining transactions expected to close by end of fiscal 2022. Headcount removed not disclosed. | ||||
| 2022-02-27 | restructuring | in_progress | 2024-05-29 | Global | Organizational structure and manufacturing/logistics | USD 150 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Decreased estimate of expected charges to $150M-$160M total; $120M-$130M expected to be cash. Includes severance, benefits, consulting, contract termination, and asset write-offs. Expected completion by end of fiscal 2024. | |||
| 2022-02-27 | acquisition_addition | completed | United States | Pet | USD 1,200 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Tyson Foods' pet treats business for $1.2 billion cash. Headcount not explicitly disclosed. | ||||
| 2022-02-27 | divestiture_reduction | completed | Europe / Canada | International / North America Retail | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sold interests in Yoplait SAS, Yoplait Marques SNC, Liberté Marques Sàrl to Sodiaal in exchange for Canadian yogurt business interest and cash. Sold European dough businesses. Headcount not explicitly disclosed. | |||||
| 2021-11-28 | restructuring | in_progress | 2021-11-28 | 2024-05-31 | Asia & Latin America | Manufacturing and logistics operations | USD 21 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 FY2022; ~$12M expected cash, ~$8M severance, ~$10M other costs, ~$3M project-related. Employee count not disclosed. | ||
| 2021-11-28 | restructuring | in_progress | 2023-05-31 | Not specified | Corporate structure and strategic initiatives | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced actions; net $14.0M recovery recognized in six-month period. Employee count not disclosed. | ||||
| 2021-11-28 | acquisition_addition | completed | United States | Pet | USD 1,200 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tyson Foods pet treats business acquired for $1.2B cash in Q1 FY2022; headcount added not disclosed. | ||||
| 2021-11-28 | divestiture_reduction | completed | France | Europe & Australia (Yoplait) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 51% Yoplait SAS interest and 50% Yoplait Marques SNC / Liberté Marques Sàrl to Sodiaal; closed after Q2 FY2022. Headcount removed not disclosed. | |||||
| 2021-11-28 | divestiture_reduction | announced | 2021-11-28 | 2022-05-31 | Europe | European dough businesses | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreements to sell European dough businesses entered in Q2 FY2022; expected to close by end of fiscal 2022. Headcount removed not disclosed. | |||
| 2021-11-28 | restructuring | in_progress | 2021-11-28 | 2024-05-31 | Asia & Latin America | Manufacturing and logistics operations | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Approved in Q2 FY2022 to drive efficiencies. Expected total charges ~$21M, of which ~$12M cash. Includes ~$8M severance and ~$10M other costs (primarily asset write-offs). Recognized $7.9M severance and $4.7M other costs in Q2. | ||
| 2021-11-28 | acquisition_addition | completed | 2021-08-30 | United States | Pet | USD 1,200 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Tyson Foods' pet treats business for $1.2 billion cash in Q1 FY2022. Headcount not explicitly disclosed. | |||
| 2021-11-28 | restructuring | in_progress | Employee Severance / Asia And Latin America Segment | USD 7,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-11-28 | restructuring | in_progress | Other Restructuring / Asia And Latin America Segment | USD 4,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-08-29 | acquisition_addition | completed | United States | Pet | USD 1,200 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Tyson Foods' pet treats business for $1.2 billion cash in Q1 FY2022; goodwill of $759.4M recorded. No employee headcount added disclosed; results consolidated into Pet segment on a one-month lag (one month of results in the quarter). | ||||
| 2021-08-29 | divestiture_reduction | announced | 2021-12-31 | Europe / Canada | Europe & Australia (Yoplait) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to sell 51% controlling interest in Yoplait SAS plus 50% interests in Yoplait Marques SNC and Liberté Marques Sàrl to Sodiaal in exchange for the Canadian Yoplait business, a reduced royalty rate, and cash; expected to close by end of calendar 2021. Assets and liabilities classified as held for sale at quarter-end. No headcount impact disclosed. | ||||
| 2021-08-29 | restructuring | in_progress | 2023-05-31 | USD -4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | No new restructuring actions undertaken in Q1 FY2022; a $4.1M net recovery recorded for previously announced actions (actions subject to union negotiations/works counsel consultations, expected completion by end of fiscal 2023). Reserve balance $135.4M at quarter-end; no employees-affected counts disclosed. | |||||
| 2021-08-29 | restructuring | in_progress | 2023-05-29 | USD -4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Net recovery of $4.1 million recorded for previously announced actions. Expected completion by end of fiscal 2023. Employee count not disclosed. | |||||
| 2021-05-30 | restructuring | in_progress | 2021-01-01 | 2023-05-31 | Global | Corporate organization and resources | USD 157 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Global organizational structure and resource alignment actions approved during fiscal 2021; $157.3M charged in fiscal 2021 of an expected $170M-$220M total program ($130M-$180M cash), primarily severance. Announcement date not specified; actions approved during fiscal 2021. No affected-employee count disclosed. | ||
| 2021-05-30 | restructuring | in_progress | 2021-01-01 | 2021-08-29 | Asia & Latin America | Route-to-market and supply chain | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Route-to-market and supply chain optimization actions approved in fiscal 2021; $13.0M charged in fiscal 2021 of an expected ~$17M total (~$10M cash), expected completion by end of first quarter of fiscal 2022. No affected-employee count disclosed. | ||
| 2021-05-30 | restructuring | in_progress | 2023-05-31 | Global | Global supply chain | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charges in fiscal 2021 related to previously announced supply-chain efficiency actions; activity attributed to current fiscal year only. No affected-employee count disclosed. | |||
| 2021-05-30 | divestiture_reduction | completed | 2021-05-30 | Brazil | Laticínios Carolina dairy business | USD 54 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed in the fourth quarter of fiscal 2021 with a pre-tax loss of $53.5M; charge is a divestiture loss, not severance. No headcount transferred or removed disclosed. | |||
| 2021-05-30 | acquisition_addition | announced | 2021-05-01 | 2021-08-29 | United States | Pet segment — pet treats | USD 1,200 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Tyson Foods' pet treats business for $1.2B cash, announced in May 2021 (pre-fiscal-year-end), expected to close in first quarter of fiscal 2022; to be funded with cash and short-term debt. No headcount disclosed. Announcement date approximate (May 2021). | ||
| 2021-05-30 | divestiture_reduction | announced | 2021-03-01 | 2021-12-31 | Europe | Yoplait European yogurt business | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Non-binding memorandum of understanding announced March 2021 to sell 51% controlling interest in European Yoplait to Sodiaal in exchange for full ownership of the Canadian Yoplait business and a reduced royalty rate; anticipated to close by end of calendar 2021 subject to labor consultations and regulatory filings. $9.5M of transaction costs recorded in fiscal 2021. No headcount disclosed. Announcement date approximate (March 2021). | |||
| 2021-05-30 | restructuring | in_progress | 2021-03-01 | 2023-05-31 | Global | Organizational structure and resources | USD 157 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Approved actions to align organizational structure with strategic initiatives. Expected total charges $170M-$220M. $157M recorded in FY21. Completion expected by end of fiscal 2023. | ||
| 2021-05-30 | restructuring | in_progress | 2021-03-01 | 2022-02-28 | Asia & Latin America | Route-to-market and supply chain | USD 11 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Approved actions to leverage efficient route-to-market models and optimize supply chain. Expected total charges ~$17M. $11M recorded in FY21. Completion expected by end of Q1 FY22. | ||
| 2021-05-30 | restructuring | in_progress | Employee Severance / Global Organizational Structure And Resource Alignment | USD 148,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-05-30 | restructuring | in_progress | Other Restructuring / Global Organizational Structure And Resource Alignment | USD 8,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-05-30 | restructuring | in_progress | Employee Severance / Asia Latin America Route To Market And Supply Chain Optimization | USD 8,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-05-30 | restructuring | in_progress | Other Restructuring / Asia Latin America Route To Market And Supply Chain Optimization | USD 4,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-05-30 | restructuring | in_progress | Restructuring Charges | USD 170,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-05-30 | restructuring | in_progress | Cost Of Sales | USD 2,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-05-30 | restructuring | in_progress | USD 172,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2021-02-28 | restructuring | in_progress | 2020-11-30 | 2021-08-31 | Asia & Latin America | Route-to-market and supply chain | USD 21 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q3 FY2021; ~$10M severance and ~$11M other costs (primarily asset write-offs); ~$15M expected to be cash. No employee count disclosed. $11.5M recognized in Q3. | ||
| 2021-02-28 | restructuring | in_progress | 2023-05-31 | Global | Global supply chain | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced supply chain efficiency actions; $2.1M charges in nine months ended Feb 28, 2021. No employee count or announcement date disclosed in this filing. | ||||
| 2021-02-28 | restructuring | in_progress | 2020-11-30 | 2022-02-28 | Asia & Latin America | Route-to-market and supply chain | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Approved in Q3 FY2021 to leverage efficient route-to-market models and optimize supply chain. Expected total charges ~$21M ($15M cash). Recognized $8.9M severance and $2.6M other costs in Q3. Completion expected by end of Q1 FY2022. | ||
| 2021-02-28 | restructuring | in_progress | 2023-05-31 | Global | Supply chain | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with previously announced restructuring actions to drive efficiencies in targeted areas of global supply chain. Completion expected by end of FY2023. | |||
| 2021-02-28 | restructuring | in_progress | Employee Severance / Asia Latin America Route To Market And Supply Chain Optimization | USD 8,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-02-28 | restructuring | in_progress | Other Restructuring / Asia Latin America Route To Market And Supply Chain Optimization | USD 2,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-11-29 | restructuring | in_progress | 2022-05-31 | Global | Global supply chain | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced supply-chain efficiency actions; no new actions initiated in the period. $1.9M charged YTD ($0.9M in Q2); no employee-affected count disclosed. Completion expected by end of fiscal 2022 (approx. 2022-05-31). | |||
| 2020-11-29 | restructuring | in_progress | 2022-05-30 | Global | Supply Chain | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges relate to previously announced actions to drive efficiencies in targeted areas of the global supply chain. Expected completion by end of fiscal 2022. Employee count not disclosed. | |||
| 2020-08-30 | restructuring | in_progress | Global | Global supply chain | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | No new restructuring actions taken in Q1 fiscal 2021; $1.0 million of charges recorded on previously announced actions, primarily supply chain efficiency initiatives. Actions expected to be completed by end of fiscal 2022. No employee-affected count disclosed. Announcement date not stated (previously announced actions). | ||||
| 2020-08-30 | restructuring | in_progress | 2022-05-31 | Global | Supply Chain | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges relate to previously announced actions to drive efficiencies in global supply chain. Expected completion by end of fiscal 2022. Employee count not disclosed. | |||
| 2020-05-31 | restructuring | in_progress | 2022-05-31 | Global | Global supply chain | USD 50 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | No new restructuring actions were undertaken in fiscal 2020; $50.2M of charges relate to previously announced actions ($25.8M in cost of sales, $24.4M in restructuring, impairment, and other exit costs). Actions expected complete by end of fiscal 2022 with approximately $8M of remaining other exit costs; total expected cash spend of approximately $24M. Severance reserve balance was $17.8M at year-end. Employees affected not disclosed. | |||
| 2020-05-31 | restructuring | in_progress | 2019-06-01 | 2022-05-31 | Global | Supply Chain | USD 26 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges recorded in fiscal 2020 for previously announced restructuring actions to drive efficiencies in targeted areas of global supply chain. Expected to be completed by end of fiscal 2022. No specific employee count disclosed for current year activity. | ||
| 2020-05-31 | restructuring | in_progress | Cost Of Sales | USD 25,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-05-31 | restructuring | in_progress | Restructuring Charges | USD 24,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-05-31 | restructuring | in_progress | USD 50,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-02-23 | restructuring | in_progress | 2022-05-29 | Global | Global supply chain | USD 30 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced targeted supply chain actions; no new actions initiated in the nine-month period. This quarter the severance estimate rose $6M plus $1M of project costs; total expected cash ~$31M, with ~$30M of expense remaining ($2M severance, $28M other costs). Some actions subject to union negotiations and works counsel consultations. No employee count disclosed. Charges of $12.4M in Q3 and $37.2M YTD; reserve balance $23.2M at 2020-02-23. | |||
| 2020-02-23 | restructuring | in_progress | 2022-05-31 | Global | Supply Chain | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with previously announced targeted actions in global supply chain. Expected to spend approx $31M cash total; remaining expense approx $30M. Completion expected by end of fiscal 2022. | |||
| 2019-11-24 | restructuring | in_progress | 2022-05-31 | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced restructuring actions; $10.5M charge in Q2 ($24.8M YTD). No new actions initiated in the period; no employee counts disclosed. Some actions pending union negotiations and works council consultations, targeted for completion by end of fiscal 2022. | |||||
| 2019-11-24 | restructuring | in_progress | 2022-05-31 | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with previously announced restructuring actions. Expected completion by end of fiscal 2022. No new actions undertaken in this period. | |||||
| 2019-08-25 | restructuring | in_progress | 2022-05-31 | Global | Global supply chain | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges for previously announced supply chain efficiency actions; no new actions initiated and no employee counts disclosed. Cash spend of $9.4M in the quarter; reserve balance $33.4M at quarter-end. Actions subject to union negotiations/works counsel consultations where required. | |||
| 2019-08-25 | restructuring | in_progress | 2022-12-31 | Global | Supply Chain | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges relate to previously announced actions to drive efficiencies in targeted areas of global supply chain. Subject to union negotiations and works counsel consultations. | |||
| 2019-05-26 | restructuring | in_progress | 2022-05-31 | United States | North America Retail | USD 101 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved in fiscal 2019 to consolidate production and optimize labor and manufacturing platforms; includes exit of the Carson, California yogurt manufacturing facility. Expected total charges ~$101M, comprising ~$10M severance and ~$91M other costs (primarily asset write-offs), plus ~$2M project-related costs. $54.4M recorded in fiscal 2019 ($9.9M severance, $44.5M other). Employees affected not disclosed. | |||
| 2019-05-26 | restructuring | in_progress | 2022-05-31 | Europe; Australia | Europe & Australia | USD 15 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2019 targeted systems and process optimization actions. Expected total charges ~$15M, comprising ~$11M severance and ~$4M other costs. $12.0M recorded in fiscal 2019 ($11.3M severance, $0.7M other). Subject to works counsel consultations where required. Employees affected not disclosed. | |||
| 2019-05-26 | restructuring | in_progress | 2022-05-31 | Latin America; Asia | Asia & Latin America | USD 14 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2019 decision to exit underperforming product lines. Expected total charges ~$14M, comprising ~$1M severance and ~$13M other costs (primarily asset write-offs). $12.5M recorded in fiscal 2019 ($1.0M severance, $11.5M other). Employees affected not disclosed. | |||
| 2019-05-26 | restructuring | in_progress | 2022-05-31 | United States | Pet | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2019 decision to exit underperforming markets. Expected total charges ~$8M, comprising ~$2M severance and ~$6M other costs. $1.3M recorded in fiscal 2019 ($0.8M severance, $0.5M other). Employees affected not disclosed. | |||
| 2019-05-26 | divestiture_reduction | completed | Argentina | Asia & Latin America | USD 35 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the La Salteña fresh pasta and refrigerated dough business completed in the third quarter of fiscal 2019; pre-tax loss of $35.4M recorded. Headcount removed not disclosed. | ||||
| 2019-05-26 | divestiture_reduction | completed | China | Asia & Latin America | USD 5 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the China yogurt business in the fourth quarter of fiscal 2019, simultaneous with a new Yoplait license agreement with the purchaser; pre-tax gain of $5.4M recorded. Headcount removed not disclosed. | ||||
| 2019-05-26 | restructuring | in_progress | 2019 | 2022-05-29 | Global | Supply Chain | USD 80 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Targeted actions in global supply chain. Includes $23 million severance and $57 million other costs. Affects North America Retail ($54M), Asia & Latin America ($13M), Europe & Australia ($12M), and Pet ($1M). Employee count not disclosed. | ||
| 2019-05-26 | restructuring | completed | 2019 | Global | Various | USD -3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with restructuring actions previously announced. Employee count not disclosed. | |||
| 2019-05-26 | restructuring | in_progress | USD 285,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2019-05-26 | restructuring | in_progress | Restructuring Charges | USD 275,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-05-26 | restructuring | in_progress | Cost Of Sales | USD 9,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-02-24 | plant_closure | in_progress | 2022-05-31 | United States (Carson, California) | North America Retail — yogurt manufacturing | USD 105 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q3 FY2019; exit of Carson yogurt facility with production/labor platform consolidation. Expected charges comprise $13M severance and $92M other costs (primarily asset write-offs), plus ~$2M project-related costs. No employee count disclosed. Actions subject to union negotiations and works counsel consultations; expected completion by end of fiscal 2022. | |||
| 2019-02-24 | restructuring | in_progress | 2022-05-31 | Europe & Australia | Europe & Australia segment — systems and process optimization | USD 20 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q3 FY2019; targeted systems and process optimization actions. Expected charges comprise $12M severance and $8M other costs. No employee count disclosed. Expected completion by end of fiscal 2022. | |||
| 2019-02-24 | divestiture_reduction | completed | Argentina | Asia & Latin America — La Salteña fresh pasta and refrigerated dough business | USD 35 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed during Q3 FY2019 with a pre-tax loss of $35.4M recorded as a divestiture loss. No headcount transferred or removed disclosed. | ||||
| 2019-02-24 | restructuring | in_progress | 2019-02-24 | 2022-05-26 | North America | North America Retail | USD 47 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions to consolidate production and optimize labor/manufacturing platforms, including exit of Carson, CA yogurt facility. Q3 charges: $9.3M severance, $37.3M other costs. | ||
| 2019-02-24 | restructuring | in_progress | 2019-02-24 | 2022-05-26 | Europe & Australia | Europe & Australia | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Targeted systems and process optimization actions. Q3 charges: $11.8M severance, $0.4M other costs. | ||
| 2019-02-24 | divestiture_reduction | completed | 2019-02-24 | 2019-02-24 | Argentina | Asia & Latin America | USD 35 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of La Salteña fresh pasta and refrigerated dough business. Pre-tax loss of $35.4M recorded. | ||
| 2018-11-25 | restructuring | in_progress | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced restructuring actions; no new actions undertaken in the six-month period. Filing discloses no employee counts. Six-month charge of $2.4M ($3.6M in Q2); severance reserve of $38.7M at 2018-11-25 with $20.9M severance utilized in fiscal 2019; actions expected to complete by end of fiscal 2020 (no exact date given). Announcement date not stated in this filing. | ||||||
| 2018-11-25 | acquisition_addition | in_progress | United States | Pet | USD 16 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Blue Buffalo acquisition closed in Q4 fiscal 2018 (prior period); this quarter reflects integration costs of $6.8M in Q2 and $15.5M YTD recorded in SG&A. No headcount added or retained figures disclosed; Pet segment results reported on a one-month lag. | ||||
| 2018-11-25 | restructuring | in_progress | 2020-05-31 | Global | Various | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with restructuring actions previously announced. Expected to be completed by end of fiscal 2020. | |||
| 2018-11-25 | restructuring | completed | North America | North America Retail | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge related to impairment of certain manufacturing assets within North America Retail segment. | ||||
| 2018-11-25 | restructuring | completed | Global | Various | USD 193 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Impairment of Progresso, Food Should Taste Good, and Mountain High brand intangible assets due to lower sales projections. | ||||
| 2018-08-26 | restructuring | in_progress | 2019-05-26 | Global | All operating segments except Pet | USD -1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net recovery of $1.2M in Q1 FY2019 (vs. $17.5M charge in prior-year quarter); no new actions initiated. Severance reserve of $46.5M outstanding at quarter-end. Employee headcount affected not disclosed. | |||
| 2018-08-26 | acquisition_addition | completed | United States | Pet | USD 9 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Blue Buffalo acquired in Q4 FY2018 for $8.0B; Q1 FY2019 integration costs of $8.7M recorded in SG&A. Headcount added through the acquisition not disclosed. | ||||
| 2018-08-26 | restructuring | in_progress | 2019-05-26 | Global | All operating segments except Pet | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Net recovery of $1.2 million for previously announced actions. Expected completion by end of fiscal 2019. | |||
| 2018-08-26 | restructuring | in_progress | Actions Previously Announced | USD 2,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-05-27 | restructuring | in_progress | 625 | 2018-03-01 | 2019-05-31 | Global | Corporate / administrative functions | USD 49 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved in fiscal Q4 2018 to reduce administrative costs; approximately $55M total net expenses expected, of which $49.3M recorded in FY2018. Announcement date is approximate (quarter only disclosed). | |
| 2018-05-27 | plant_closure | in_progress | 350 | 2016-11-01 | 2019-05-31 | Australia | Europe & Australia — pasta manufacturing | USD 16 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Melbourne plant closure announced in fiscal Q2 2017; approximately $40M total net expenses expected, mostly non-cash. Charge shown is FY2018 activity only. Announcement date approximate (quarter only disclosed). | |
| 2018-05-27 | plant_closure | in_progress | 380 | 2016-06-01 | 2019-05-31 | United States | North America Retail — Vineland, New Jersey soup facility | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced fiscal Q1 2017 to eliminate excess soup capacity; approximately $54M total net expenses expected, of which ~$11M cash. Charge shown is FY2018 activity only. Announcement date approximate (quarter only disclosed). | |
| 2018-05-27 | restructuring | in_progress | 420 | 2016-06-01 | 2019-05-31 | Brazil | Asia & Latin America — snacks and meals product lines | USD 0 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Brazilian sub-component of international product line restructuring announced fiscal Q1 2017; ~$46M total net expenses expected across both geographies, mostly non-cash. FY2018 charge was a $0.1M reduction. Announcement date approximate (quarter only disclosed). | |
| 2018-05-27 | restructuring | in_progress | 440 | 2016-06-01 | 2019-05-31 | Greater China | Asia & Latin America — snacks product lines | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Greater China sub-component of the same international product line restructuring; charge not separately disclosed by geography. Announcement date approximate (quarter only disclosed). | ||
| 2018-05-27 | restructuring | completed | 600 | 2017-02-01 | 2018-05-27 | Global | Corporate / organizational structure | USD -2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Global reorganization announced fiscal Q3 2017; $69.9M total net expenses, $72.1M charged in FY2017. FY2018 activity was a $2.2M reduction; program completed in FY2018. Announcement date approximate (quarter only disclosed). | |
| 2018-05-27 | restructuring | completed | 749 | 2015-06-01 | 2018-05-27 | International | International operations — administrative expense reduction | USD 0 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Compass announced fiscal Q1 2016; $54.7M total net expenses, mostly cash. Charge shown is FY2018 activity only; program completed in FY2018. Announcement date approximate (quarter only disclosed). | |
| 2018-05-27 | plant_closure | completed | 484 | 2015-06-01 | 2018-05-27 | United States | North America Retail — West Chicago, Illinois cereal plant | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century sub-component announced fiscal Q1 2016; $109.3M total net expenses, of which $21M cash. Charge shown is FY2018 activity only; completed in FY2018. Announcement date approximate (quarter only disclosed). | |
| 2018-05-27 | plant_closure | completed | 125 | 2015-06-01 | 2018-05-27 | United States | North America Retail — Joplin, Missouri snacks plant | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century sub-component announced fiscal Q1 2016; $8.0M total net expenses, less than $1M cash. Charge shown is FY2018 activity only; completed in FY2018. Announcement date approximate (quarter only disclosed). | |
| 2018-05-27 | acquisition_addition | completed | 2018-04-24 | 2018-04-24 | United States | Pet segment (new operating segment) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Blue Buffalo Pet Products acquired for $8.0B; became the Pet operating segment. Employee headcount added through the acquisition is not disclosed in this filing. | |||
| 2018-05-27 | restructuring | in_progress | 625 | 2018-02-25 | 2019-05-26 | Global | Administrative | USD 49 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Global cost savings initiatives approved in Q4 FY2018 to reduce administrative costs. | |
| 2018-05-27 | plant_closure | in_progress | 350 | 2017-08-27 | 2019-05-26 | Australia | Europe & Australia | USD 16 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Melbourne pasta manufacturing facility. Charge recorded in FY2018. | |
| 2018-05-27 | restructuring | in_progress | 420 | 2017-02-26 | 2019-05-26 | Brazil | Asia & Latin America | USD 0 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of certain international product lines. Charge reduction recorded in FY2018. | |
| 2018-05-27 | restructuring | in_progress | 440 | 2017-02-26 | 2019-05-26 | China | Asia & Latin America | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of snacks business in China. Part of international product lines restructuring. | ||
| 2018-05-27 | plant_closure | in_progress | 380 | 2017-02-26 | 2019-05-26 | United States | North America Retail | USD 13 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Vineland, New Jersey soup facility. Charge recorded in FY2018. | |
| 2018-05-27 | restructuring | completed | 749 | 2016-02-28 | 2018-05-27 | International | Global | USD 0 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Compass. Completed in FY2018. Small charge recorded in FY2018. | |
| 2018-05-27 | plant_closure | completed | 287 | 2016-08-28 | 2017-05-28 | United Kingdom, New Zealand | Europe & Australia | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century. Closure of Berwick and East Tamaki facilities. Completed in FY2017. | ||
| 2018-05-27 | plant_closure | completed | 484 | 2016-02-28 | 2018-05-27 | United States | North America Retail | USD 7 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century. Closure of West Chicago cereal plant. Completed in FY2018. | |
| 2018-05-27 | plant_closure | completed | 125 | 2016-02-28 | 2018-05-27 | United States | North America Retail | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century. Closure of Joplin snacks plant. Completed in FY2018. | |
| 2018-05-27 | restructuring | completed | 600 | 2017-08-27 | 2018-05-27 | Global | Global | USD -2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Global reorganization approved in Q3 FY2017. Completed in FY2018. Charge reduction recorded in FY2018. | |
| 2018-05-27 | restructuring | in_progress | USD 82,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2018-05-27 | restructuring | in_progress | Cost Of Sales | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-05-27 | restructuring | in_progress | Restructuring Charges | USD 68,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-05-27 | restructuring | in_progress | 350 | Europe And Australia / Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-05-27 | restructuring | in_progress | 420 | Asia And Latin America / Quarter One2017 Brazilian Facilities Restructuring | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-05-27 | restructuring | in_progress | 440 | Asia And Latin America / Quarter One2017 China Facilities Restructuring | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-05-27 | restructuring | in_progress | 380 | North America / Quarter One2017 Vineland Facility Closure | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-05-27 | restructuring | in_progress | 749 | Quarter One Fiscal2016 Project Compass | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-05-27 | restructuring | in_progress | 484 | North America / Quarter One Fiscal2016 Project Century Exit West Chicago Facility | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-05-27 | restructuring | in_progress | 125 | North America / Quarter One Fiscal2016 Project Century Exit Joplin Facility | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-05-27 | restructuring | in_progress | 600 | Quarter Three Fiscal2017 Organizational Restructuring Realignment | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-05-27 | restructuring | in_progress | 625 | Quarter Four Fiscal2018 Global Cost Savings Initiative | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-02-25 | restructuring | in_progress | 600 | 2018-05-27 | Global | Enterprise-wide / organizational structure | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q3 fiscal 2017 (exact announcement date not disclosed); affects approx. 600 positions, all cash. Charge shown is the nine-month period ended 2018-02-25; cumulative program charges to date were $72.1M with $20.0M cash. | ||
| 2018-02-25 | plant_closure | in_progress | 350 | 2019-05-26 | Australia | Europe & Australia — pasta manufacturing | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employees notified in Q2 fiscal 2017 (exact date not disclosed); approx. 350 positions, total program cost approx. $34M of which approx. $3M cash. Charge shown is the nine-month period ended 2018-02-25; cumulative charges to date $21.9M. | ||
| 2018-02-25 | plant_closure | in_progress | 420 | 2019-05-26 | Brazil | Asia & Latin America — snacks and meals product lines | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan announced in Q1 fiscal 2017 (exact date not disclosed); approx. 420 Brazilian positions affected via closure of Marília facility and cessation of production at São Bernardo do Campo. No charges recorded in fiscal 2018; cumulative program charges to date $45.1M. Program total approx. $42M net expense, approx. $6M cash. | ||
| 2018-02-25 | plant_closure | in_progress | 440 | 2019-05-26 | China | Asia & Latin America — snacks product lines | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same program as the Brazil component; approx. 440 positions in greater China operations affected via cessation of certain snack production at Nanjing. No charges recorded in fiscal 2018; cumulative program charges to date $45.1M. | ||
| 2018-02-25 | plant_closure | in_progress | 380 | 2018-05-27 | United States — Vineland, New Jersey | North America Retail — soup manufacturing | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan approved in Q1 fiscal 2017 (exact date not disclosed); 380 positions, total program cost approx. $54M of which approx. $11M cash. Charge shown is the nine-month period ended 2018-02-25; cumulative charges to date $41.4M. | ||
| 2018-02-25 | restructuring | announced | 2019-05-26 | Global | Administrative / corporate functions | USD 50 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved after quarter end; global cost savings initiatives to reduce administrative costs. Expected total charges of $40M to $60M (midpoint shown), primarily employee termination benefits, all cash; majority of actions complete by end of fiscal 2018 with remainder in fiscal 2019. Headcount affected not disclosed. | |||
| 2018-02-25 | restructuring | in_progress | 600 | 2017-08-01 | 2018-05-27 | Global | Corporate / Global Reorganization | USD 76 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Approved in Q3 FY2017 to align organizational structure with strategic initiatives. Expected net expenses of $76 million, all cash. | |
| 2018-02-25 | plant_closure | in_progress | 350 | 2017-08-01 | 2019-05-26 | Melbourne, Australia | Europe & Australia | USD 34 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of pasta manufacturing facility. Expected net expenses of $34 million, of which $3 million is cash. | |
| 2018-02-25 | restructuring | in_progress | 860 | 2017-05-29 | 2019-05-26 | Brazil and China | Asia & Latin America | USD 42 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of certain international product lines. 420 positions in Brazil, 440 in China. Expected net expenses of $42 million, of which $6 million is cash. | |
| 2018-02-25 | plant_closure | in_progress | 380 | 2017-05-29 | 2018-05-27 | Vineland, New Jersey | North America Retail | USD 54 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of soup manufacturing facility to eliminate excess capacity. Expected net expenses of $54 million, of which $11 million is cash. | |
| 2018-02-25 | restructuring | announced | 2018-02-26 | 2019-05-26 | Global | Administrative / Corporate | USD 50 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Global cost savings initiatives approved subsequent to quarter end. Expected charges of $40-$60 million, primarily employee termination benefits, all cash. | ||
| 2018-02-25 | restructuring | in_progress | USD 7,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-02-25 | restructuring | in_progress | Cost Of Sales | USD 100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-02-25 | restructuring | in_progress | Restructuring Charges | USD 7,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-02-25 | restructuring | in_progress | 350 | Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure / Europe And Australia Segment | USD 3,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2018-02-25 | restructuring | in_progress | 380 | Quarter One2017 Vineland Facility Closure / North America Retail Segment | USD 12,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2018-02-25 | restructuring | in_progress | 600 | Quarter Three Fiscal2017 Organizational Restructuring Realignment | USD 1,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2018-02-25 | restructuring | in_progress | Quarter One2017 Certain Product Lines Restructuring / Asia And Latin America Segment | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-02-25 | restructuring | in_progress | 420 | Asia And Latin America Segment / Quarter One2017 Brazilian Facilities Restructuring | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-02-25 | restructuring | in_progress | 440 | Asia And Latin America Segment / Quarter One2017 China Facilities Restructuring | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-11-26 | restructuring | in_progress | 600 | 2017 | 2018-05-27 | Global | Corporate / organizational structure | USD 76 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in third quarter of fiscal 2017 to align organizational structure with strategy; approximately 600 positions, all cash. Exact announcement date not disclosed. $1.4M charged in six months ended 2017-11-26. | |
| 2017-11-26 | plant_closure | in_progress | 350 | 2016 | 2019-05-31 | Melbourne, Australia | Europe & Australia — pasta manufacturing | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employees notified in second quarter of fiscal 2017; approximately 350 positions, of which about $3M is cash. $4.9M charged in six months ended 2017-11-26. | |
| 2017-11-26 | restructuring | in_progress | 420 | 2016 | 2019-05-31 | Brazil | Asia & Latin America — snacks and meals product lines | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in first quarter of fiscal 2017; Marília plant closed and São Bernardo do Campo production ceased. Approximately 420 Brazilian positions; combined program charge of about $42M (mostly non-cash) covers Brazil and China components. No fiscal 2018 charges to date. | ||
| 2017-11-26 | restructuring | in_progress | 440 | 2016 | 2019-05-31 | China | Asia & Latin America — snacks product lines | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same program as Brazil component; approximately 440 positions in greater China operations (Nanjing facility among affected). Combined program charge of about $42M covers both components. | ||
| 2017-11-26 | plant_closure | in_progress | 380 | 2016 | 2018-05-27 | Vineland, New Jersey, United States | North America Retail — soup manufacturing | USD 54 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan approved in first quarter of fiscal 2017 to eliminate excess soup capacity; 380 positions affected, of which about $11M is cash. $12.1M charged in six months ended 2017-11-26, including a net gain of $1.3M from asset sales in the quarter. | |
| 2017-11-26 | restructuring | in_progress | 600 | 2017-08-28 | 2018-05-27 | Global | Corporate / Global Organization | USD 76 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Approved in Q3 FY2017 to align organizational structure with strategic initiatives. Expected net expenses of $76 million, all cash. | |
| 2017-11-26 | plant_closure | in_progress | 350 | 2017-08-28 | 2019-05-26 | Melbourne, Australia | Europe & Australia | USD 34 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of pasta manufacturing facility. Expected net expenses of $34 million, of which $3 million is cash. | |
| 2017-11-26 | restructuring | in_progress | 860 | 2017-02-26 | 2019-05-26 | Brazil and China | Asia & Latin America | USD 42 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of certain international product lines. 420 positions in Brazil, 440 in Greater China. Expected net expenses of $42 million, mostly non-cash. | |
| 2017-11-26 | plant_closure | in_progress | 380 | 2017-02-26 | 2018-05-27 | Vineland, New Jersey | North America Retail | USD 54 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of soup facility to eliminate excess capacity. Expected net expenses of $54 million, of which $11 million is cash. | |
| 2017-11-26 | restructuring | in_progress | USD 2,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-11-26 | restructuring | in_progress | Cost Of Sales | USD 600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-11-26 | restructuring | in_progress | Restructuring Charges | USD 1,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-11-26 | restructuring | in_progress | 350 | Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure / Europe And Australia Segment | USD 2,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-11-26 | restructuring | in_progress | 600 | Quarter Three Fiscal2017 Organizational Restructuring Realignment | USD 600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-11-26 | restructuring | in_progress | 380 | Quarter One2017 Vineland Facility Closure / North America Retail Segment | USD 12,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-11-26 | restructuring | in_progress | 420 | Asia And Latin America Segment / Quarter One2017 Brazilian Facilities Restructuring | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-11-26 | restructuring | in_progress | 440 | Asia And Latin America Segment / Quarter One2017 China Facilities Restructuring | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-08-27 | restructuring | in_progress | 600 | 2017 | 2018-05-27 | Global | Corporate / global organization structure | USD 75 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 600 positions affected; total expected net expenses of about $75M, all cash. Announced in fiscal Q3 2017 (quarter ended 2017-05-28); $0.8M recorded in Q1 FY2018. Announcement date given only to fiscal-quarter precision. | |
| 2017-08-27 | plant_closure | in_progress | 350 | 2016 | 2019-05-26 | Australia | Europe & Australia | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pasta manufacturing facility closure in Melbourne; about 350 positions, roughly $34M net expenses of which about $3M cash. $2.1M recorded in Q1 FY2018. Employees notified in fiscal Q2 2017; announcement date given only to year precision. | |
| 2017-08-27 | restructuring | in_progress | 420 | 2016 | 2019-05-26 | Brazil | Asia & Latin America | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program to restructure certain international product lines; about 420 positions in Brazilian operations (Marília snacks facility closed; São Bernardo do Campo meals/snacks production ceased). Program total expected net expenses about $42M, mostly non-cash — not split by geography. No charge recorded in Q1 FY2018 ($36.4M recorded in Q1 FY2017). Announced in fiscal Q1 2017. | ||
| 2017-08-27 | restructuring | in_progress | 440 | 2016 | 2019-05-26 | China (Greater China) | Asia & Latin America | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same international product-lines program as the Brazil record; about 440 positions in Greater China operations (Nanjing facility ceased certain snack products). Program total expected net expenses about $42M, mostly non-cash — not split by geography. Announced in fiscal Q1 2017. | ||
| 2017-08-27 | plant_closure | in_progress | 380 | 2016 | 2019-05-26 | United States (Vineland, New Jersey) | North America Retail | USD 55 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Soup facility closure to eliminate excess capacity; 380 positions, about $55M net expenses of which about $12M cash. $13.4M recorded in Q1 FY2018. Plan approved in fiscal Q1 2017; announcement date given only to year precision. | |
| 2017-08-27 | restructuring | in_progress | 600 | 2017-05-29 | 2018-05-28 | Global | Global reorganization | USD 75 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Approved in Q3 FY2017 to align organizational structure with strategic initiatives. Expected net expenses of $75 million, all cash. | |
| 2017-08-27 | plant_closure | in_progress | 350 | 2017-02-28 | 2019-05-27 | Melbourne, Australia | Europe & Australia | USD 34 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of pasta manufacturing facility. Expected net expenses of $34 million, of which $3 million is cash. | |
| 2017-08-27 | restructuring | in_progress | 860 | 2016-11-30 | 2019-05-27 | Brazil and Greater China | Asia & Latin America | USD 42 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructure of certain international product lines. Affects 420 positions in Brazil and 440 in Greater China. Expected net expenses of $42 million, mostly non-cash. | |
| 2017-08-27 | plant_closure | in_progress | 380 | 2016-11-30 | 2019-05-27 | Vineland, New Jersey | North America Retail | USD 55 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of soup facility to eliminate excess capacity. Expected net expenses of $55 million, of which $12 million is cash. | |
| 2017-08-27 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century Restructuring | USD 1,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-08-27 | restructuring | in_progress | Quarter One2017 Certain Product Lines Restructuring | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-08-27 | restructuring | in_progress | Quarter One2017 Vineland Facility Closure | USD 13,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-08-27 | restructuring | in_progress | USD 17,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-08-27 | restructuring | in_progress | Cost Of Sales | USD 12,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-08-27 | restructuring | in_progress | Restructuring Charges | USD 5,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-08-27 | restructuring | in_progress | Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure | USD 2,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-08-27 | restructuring | in_progress | 350 | Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure / Europe And Australia Segment | USD 2,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-08-27 | restructuring | in_progress | 600 | Quarter Three Fiscal2017 Organizational Restructuring Realignment | USD 800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-08-27 | restructuring | in_progress | 380 | Quarter One2017 Vineland Facility Closure / North America Retail Segment | USD 13,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-08-27 | restructuring | in_progress | 420 | Asia And Latin America Segment / Quarter One2017 Brazilian Facilities Restructuring | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-08-27 | restructuring | in_progress | 440 | Asia And Latin America Segment / Quarter One2017 China Facilities Restructuring | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-05-28 | restructuring | in_progress | 600 | 2018-05 | Global | Corporate / global organization structure | USD 72 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved in the third quarter of fiscal 2017 to align the organizational structure with strategic initiatives; approximately $75 million of total net expenses expected, all cash. Charge shown is the fiscal 2017 amount; exact announcement date not disclosed. | ||
| 2017-05-28 | plant_closure | in_progress | 350 | 2019-06 | Australia | Europe & Australia | USD 22 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pasta manufacturing facility closure announced in the second quarter of fiscal 2017 to improve margin structure; approximately $34 million of net expenses expected, of which about $3 million cash. Charge shown is the fiscal 2017 amount. | ||
| 2017-05-28 | restructuring | in_progress | 420 | 2019-06 | Brazil | Asia & Latin America | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Product-line restructuring announced in the first quarter of fiscal 2017; includes closure of the Marília snacks plant and reduced meal/snack production at São Bernardo do Campo. Filer discloses a combined fiscal 2017 charge of $45.1 million for the Brazil and Greater China components (not split by geography); approximately $42 million of net expenses expected, mostly non-cash. | |||
| 2017-05-28 | restructuring | in_progress | 440 | 2019-06 | Greater China | Asia & Latin America | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Same first-quarter fiscal 2017 program as the Brazil component; includes cessation of certain underperforming snack production at Nanjing. Combined fiscal 2017 charge with Brazil was $45.1 million; charge not allocated between the two geographies. | |||
| 2017-05-28 | plant_closure | in_progress | 380 | 2019-06 | United States — New Jersey | North America Retail | USD 41 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Vineland facility closure approved in the first quarter of fiscal 2017 to eliminate excess soup capacity; approximately $58 million of net expenses expected, of which about $19 million cash. Charge shown is the fiscal 2017 amount. | ||
| 2017-05-28 | plant_closure | in_progress | 484 | 2018-05 | United States — Illinois | North America Retail | USD 23 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century action approved in the first quarter of fiscal 2016 to close the West Chicago cereal and dry dinner plant; approximately $104 million of net expenses expected, of which about $41 million cash. Only the fiscal 2017 charge is captured here; position count is as disclosed at approval. | ||
| 2017-05-28 | plant_closure | in_progress | 94 | 2018-05 | Canada — Ontario | North America Retail and Convenience Stores & Foodservice | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century action approved in the third quarter of fiscal 2015 to exit the Midland refrigerated dough facility; approximately $13 million of net expenses expected, about $7 million cash. Only the fiscal 2017 charge is captured; position count is as disclosed at approval. | ||
| 2017-05-28 | plant_closure | in_progress | 412 | 2018-05 | United States — Indiana | North America Retail and Convenience Stores & Foodservice | USD 15 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century action approved in the third quarter of fiscal 2015 to exit the New Albany refrigerated dough facility; approximately $83 million of net expenses expected, about $40 million cash. Only the fiscal 2017 charge is captured; position count is as disclosed at approval. | ||
| 2017-05-28 | plant_closure | completed | 287 | United Kingdom and New Zealand | Europe & Australia | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century closures of the Berwick, UK and East Tamaki, NZ facilities, approved in the second quarter of fiscal 2016 and completed during fiscal 2017; fiscal 2016 charge was $30.0 million. Exact completion date not disclosed. | |||
| 2017-05-28 | plant_closure | completed | 170 | United States — Massachusetts | North America Retail and Convenience Stores & Foodservice | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century yogurt capacity consolidation exiting the Methuen facility, approved in fiscal 2015 and substantially completed during fiscal 2017. Charges of $15.6 million (fiscal 2016) and $43.6 million (fiscal 2015); no fiscal 2017 charge disclosed. Position count is as disclosed at approval. | ||||
| 2017-05-28 | plant_closure | completed | 409 | United States — California | North America Retail | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century exit of the Lodi cereal and dry mix facility, approved in fiscal 2015 and substantially completed in fiscal 2016, with residual charges of $1.5 million recorded in fiscal 2017. Position count is as disclosed at approval. | |||
| 2017-05-28 | restructuring | completed | International | International operations — administrative and organizational effectiveness | USD 0 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Compass, approved in fiscal 2016 with 749 positions eliminated, was completed during fiscal 2017. The fiscal 2017 amount is a $0.4 million reduction to the previously estimated charge; no fiscal 2017 headcount impact is disclosed. | ||||
| 2017-05-28 | divestiture_reduction | completed | United States — Ohio | Convenience Stores & Foodservice | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Martel, Ohio manufacturing facility sold in the second quarter of fiscal 2017 with a simultaneous co-packing agreement; pre-tax loss of $13.5 million on $17.5 million of cash proceeds. No headcount impact is disclosed. | |||||
| 2017-05-28 | restructuring | in_progress | 600 | 2016-11-01 | 2018-05-28 | Global | Corporate / Global Reorganization | USD 72 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Global reorganization to align structure with strategic initiatives. Affected approximately 600 positions. Expected net expenses $75 million, all cash. Recorded $72.1 million in fiscal 2017. | |
| 2017-05-28 | plant_closure | in_progress | 350 | 2017-02-01 | 2019-05-28 | Melbourne, Australia | Europe & Australia | USD 22 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of pasta manufacturing facility. Affected approximately 350 positions. Expected net expenses $34 million, of which $3 million cash. Recorded $21.9 million in fiscal 2017. | |
| 2017-05-28 | restructuring | in_progress | 860 | 2017-02-01 | 2019-05-28 | Brazil, China | Asia & Latin America | USD 45 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of certain international product lines. Closed snacks facility in Marília, Brazil; ceased production in São Bernardo do Campo, Brazil and Nanjing, China. Affected approx 420 positions in Brazil and 440 in Greater China. Expected net expenses $42 million, mostly non-cash. Recorded $45.1 million in fiscal 2017. | |
| 2017-05-28 | plant_closure | in_progress | 380 | 2017-02-01 | 2019-05-28 | Vineland, New Jersey | North America Retail | USD 41 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of soup facility to eliminate excess capacity. Affected approximately 380 positions. Expected net expenses $58 million, of which $19 million cash. Recorded $41.4 million in fiscal 2017. | |
| 2017-05-28 | restructuring | in_progress | USD 224,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2017-05-28 | restructuring | in_progress | Cost Of Sales | USD 41,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-05-28 | restructuring | in_progress | Restructuring Charges | USD 182,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-05-28 | restructuring | in_progress | Project Century Miscellaneous Costs | USD 1,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-05-28 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 44,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-05-28 | restructuring | in_progress | 600 | Quarter Three Fiscal2017 Organizational Restructuring Realignment | USD 72,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-05-28 | restructuring | in_progress | Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure | USD 21,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-05-28 | restructuring | in_progress | Quarter One2017 Certain Product Lines Restructuring | USD 45,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-05-28 | restructuring | in_progress | Quarter One2017 Vineland Facility Closure | USD 41,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-05-28 | restructuring | in_progress | 350 | Europe And Australia / Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure | USD 21,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-05-28 | restructuring | in_progress | Asia And Latin America / Quarter One2017 Certain Product Lines Restructuring | USD 45,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-05-28 | restructuring | in_progress | 380 | North America / Quarter One2017 Vineland Facility Closure | USD 41,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-05-28 | restructuring | in_progress | 287 | Europe And Australia / Quarter Two Fiscal2016 Project Century Exit Berwick And East Tamaki Facilities | USD 1,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-05-28 | restructuring | in_progress | 484 | North America / Quarter One Fiscal2016 Project Century Exit West Chicago Facility | USD 23,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-05-28 | restructuring | in_progress | North America / Quarter Two Fiscal2015 Project Century Exit Lodi Facility | USD 1,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-05-28 | restructuring | in_progress | 94 | North America Retail And Convenience Stores And Foodservice / Quarter Three Fiscal2015 Project Century Exit Midland Facility | USD 1,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-05-28 | restructuring | in_progress | 412 | North America Retail And Convenience Stores And Foodservice / Quarter Three Fiscal2015 Project Century Exit New Albany Facility | USD 14,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-05-28 | restructuring | in_progress | 420 | Asia And Latin America / Quarter One2017 Brazilian Facilities Restructuring | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-05-28 | restructuring | in_progress | 440 | Asia And Latin America / Quarter One2017 China Facilities Restructuring | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-05-28 | restructuring | in_progress | 749 | Quarter One Fiscal2016 Project Compass | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-05-28 | restructuring | in_progress | 170 | North America Retail And Convenience Stores And Foodservice / Quarter Two Fiscal2015 Project Century Exit Methuen Facility | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-05-28 | restructuring | in_progress | 240 | Quarter One Fiscal2015 Combination Of Certain Operational Facilities / North America Retail And Europe And Australia | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-02-26 | restructuring | in_progress | 2018-05-27 | Global | Organization-wide (corporate structure) | USD 80 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q3 FY2017 to align organizational structure with strategy; approximately 400 to 600 positions to be eliminated, ~$80M expected net expenses, all cash; $73.1M recorded in Q3 FY2017. Announcement date not stated (during quarter ended 2017-02-26). | |||
| 2017-02-26 | plant_closure | in_progress | 350 | 2019-05-26 | Australia (Melbourne) | Europe & Australia (pasta manufacturing facility) | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employees notified in Q2 FY2017 of decision to close Melbourne pasta plant; ~350 positions affected, ~$34M expected net expenses, mostly non-cash; $17.7M recorded in nine months ended 2017-02-26. Announcement date not stated. | ||
| 2017-02-26 | restructuring | in_progress | 420 | 2018-05-27 | Brazil | Asia & Latin America (snacks/meals product lines) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of Q1 FY2017 plan to restructure certain international product lines: closed Marília snacks plant and ceased meals/snacks production at São Bernardo do Campo; ~420 Brazilian positions affected. Program total ~$38M net expenses (~$4M cash); $45.6M recorded in nine months ended 2017-02-26 across both geographies. Announcement date not stated. | |||
| 2017-02-26 | restructuring | in_progress | 440 | 2018-05-27 | China (Greater China) | Asia & Latin America (snacks product lines) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same Q1 FY2017 international product-line restructuring: ceased production of certain underperforming snack products at Nanjing facility; ~440 Greater China positions affected. Program total ~$38M net expenses (~$4M cash). Announcement date not stated. | |||
| 2017-02-26 | plant_closure | in_progress | 370 | 2019-05-26 | United States (Vineland, New Jersey) | North America Retail (soup manufacturing facility) | USD 65 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan approved in Q1 FY2017 to close Vineland facility and eliminate excess soup capacity; ~370 positions, ~$65M expected net expenses (~$18M cash); $35.6M recorded in nine months ended 2017-02-26. Announcement date not stated. | ||
| 2017-02-26 | plant_closure | in_progress | 500 | 2018-05-27 | United States (West Chicago, Illinois) | North America Retail (cereal and dry dinner manufacturing plant) | USD 105 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Project Century action approved in Q1 FY2016; ~500 positions, ~$105M expected net expenses (~$44M cash); $19.6M recorded in nine months ended 2017-02-26. Announcement date not stated. | ||
| 2017-02-26 | plant_closure | completed | 265 | 2017-05-28 | United Kingdom (Berwick) | Europe & Australia (dough and dry mix manufacturing facility) | USD 32 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Project Century action notified in Q2 FY2016; 265 positions affected, $32M net expenses incurred ($12M cash); completed in fiscal 2017. Announcement date not stated. | ||
| 2017-02-26 | restructuring | completed | 749 | 2017-02-26 | International operations | Corporate/administrative functions | USD 54 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Project Compass, approved Q1 FY2016 to reduce administrative expense; 749 positions eliminated (in fiscal 2016), $54.3M net expenses all cash; action completed in Q3 FY2017. Announcement date not stated. | ||
| 2017-02-26 | restructuring | in_progress | 500 | 2017-01-01 | 2018-05-31 | Global | Corporate / Global Organization | USD 73 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Approved in Q3 FY2017 to align organizational structure with strategic initiatives. Expected net expenses of $80 million, all cash. Charge recorded in Q3 FY2017. | |
| 2017-02-26 | plant_closure | in_progress | 350 | 2016-11-01 | 2019-05-31 | Melbourne, Australia | Europe & Australia | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of pasta manufacturing facility notified in Q2 FY2017. Expected net expenses of $34 million, mostly non-cash. $5.7 million charge recorded in Q3 FY2017. | |
| 2017-02-26 | restructuring | in_progress | 860 | 2016-11-01 | 2018-05-31 | Brazil and China | Asia & Latin America | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of certain international product lines announced in Q1 FY2017. Affects ~420 positions in Brazil and ~440 in Greater China. Expected net expenses of $38 million. $2.3 million charge recorded in Q3 FY2017. | |
| 2017-02-26 | plant_closure | in_progress | 370 | 2016-11-01 | 2019-05-31 | Vineland, New Jersey | North America Retail | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of soup facility approved in Q1 FY2017 to eliminate excess capacity. Expected net expenses of $65 million. $7.7 million charge recorded in Q3 FY2017. | |
| 2017-02-26 | restructuring | in_progress | 2015-11-01 | 2018-05-31 | Global | Manufacturing and Distribution | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century. Includes closure of West Chicago, IL plant (500 positions) and other actions. $7.1 million charge recorded in Q3 FY2017. | ||
| 2017-02-26 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century Restructuring | USD 7,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | Restructuring Actions Previously Announced Project Century | USD 400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | Quarter One2017 Certain Product Lines Restructuring | USD 2,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | Quarter One2017 Vineland Facility Closure | USD 7,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | USD 94,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-02-26 | restructuring | in_progress | Cost Of Sales | USD 42,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | Restructuring Charges | USD 165,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | Quarter Two Fiscal2015 Project Catalyst | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure | USD 5,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | 350 | Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure / Europe And Australia Segment | USD 17,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-02-26 | restructuring | in_progress | Quarter One2017 Certain Product Lines Restructuring / Asia And Latin America Segment | USD 45,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | 265 | Quarter Two Fiscal2016 Project Century Restructuring Exit Berwick Facility / Europe And Australia Segment | USD 1,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-02-26 | restructuring | in_progress | Quarter Three Fiscal2017 Organizational Restructuring Realignment | USD 73,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-02-26 | restructuring | in_progress | 370 | Quarter One2017 Vineland Facility Closure / North America Retail Segment | USD 35,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-02-26 | restructuring | in_progress | 500 | Quarter One Fiscal2016 Project Century Restructuring Exit West Chicago Facility / North America Retail Segment | USD 6,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2017-02-26 | restructuring | in_progress | 420 | Quarter One2017 Brazilian Facilities Restructuring / Asia And Latin America Segment | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-02-26 | restructuring | in_progress | 440 | Quarter One2017 China Facilities Restructuring / Asia And Latin America Segment | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-02-26 | restructuring | in_progress | 400 | Minimum / Quarter Three Fiscal2017 Organizational Restructuring Realignment | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-02-26 | restructuring | in_progress | 600 | Maximum / Quarter Three Fiscal2017 Organizational Restructuring Realignment | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2017-02-26 | restructuring | in_progress | 749 | Quarter One Fiscal2016 Project Compass Restructuring | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-11-27 | plant_closure | in_progress | 350 | 2018-05-31 | Australia | International | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of Melbourne pasta manufacturing facility; approximately 350 positions affected; $34M expected net expenses, most non-cash; $12.0M charged in Q2 FY2017; announced during Q2 FY2017 (exact date not disclosed); completion by end of fiscal 2018 (date approximated to fiscal year end). | ||
| 2016-11-27 | restructuring | in_progress | 420 | 2017-05-31 | Brazil | International | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring of certain International product lines: closure of Marília snacks plant and cessation of meals/snacks production at São Bernardo do Campo; approximately 420 positions in Brazilian operations; part of a program with approximately $46M expected net expenses (approximately $8M cash), disclosed as a combined program total; announced in Q1 FY2017 (exact date not disclosed). | |||
| 2016-11-27 | restructuring | in_progress | 440 | 2017-05-31 | China | International | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same International product-line program: cessation of certain underperforming snack products at Nanjing facility; approximately 440 positions in Greater China operations; program-level charge of approximately $46M disclosed only in total; announced in Q1 FY2017 (exact date not disclosed). | |||
| 2016-11-27 | plant_closure | in_progress | 370 | 2019-05-31 | United States | U.S. Retail | USD 66 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of Vineland, New Jersey soup facility to eliminate excess capacity; approximately 370 positions; $66M expected net expenses of which approximately $23M cash; $27.9M charged in six months ended Nov 27, 2016; approved in Q1 FY2017 (exact date not disclosed); completion by end of fiscal 2019 (date approximated to fiscal year end). | ||
| 2016-11-27 | restructuring | in_progress | 725 | 2017-05-31 | International | International | USD 58 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Project Compass: organizational effectiveness and administrative expense reduction; approximately 725 to 775 positions to be eliminated (lower bound shown); $58M expected net expenses, all cash; approved in Q1 FY2016; completion by end of fiscal 2017 (date approximated to fiscal year end). | ||
| 2016-11-27 | plant_closure | in_progress | 265 | 2018-05-31 | United Kingdom | International | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Project Century sub-action: closure of dough and dry mix facility in Berwick; approximately 265 positions; $33M expected net expenses of which $12M cash; notified in Q2 FY2016; completion by end of fiscal 2018 (date approximated to fiscal year end). | ||
| 2016-11-27 | plant_closure | completed | 20 | 2017-05-31 | New Zealand | International | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Project Century sub-action: closure of East Tamaki pasta facility; 20 positions affected; less than $1M net expenses, mostly cash; notified in Q2 FY2016; action completed in fiscal 2017. | |||
| 2016-11-27 | plant_closure | in_progress | 500 | 2019-05-31 | United States | U.S. Retail | USD 108 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Project Century sub-action: closure of cereal and dry dinner plant in West Chicago, Illinois; approximately 500 positions; $108M expected net expenses of which approximately $44M cash; approved in Q1 FY2016; completion by end of fiscal 2019 (date approximated to fiscal year end). | ||
| 2016-11-27 | restructuring | announced | 400 | 2018-05-31 | Global | Corporate / organizational structure | USD 60 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter organizational restructuring: approximately 400 to 600 positions globally (lower bound shown); expected pre-tax charges of approximately $60 to $90M, primarily cash severance; expected $70 to $90M savings by end of fiscal 2018; approved after the second quarter end; completion by end of fiscal 2018 (date approximated to fiscal year end). | ||
| 2016-11-27 | plant_closure | in_progress | 350 | 2016-08-29 | 2018-05-31 | Australia | International | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of pasta manufacturing facility in Melbourne. Expected net expenses of $34 million, most non-cash. | |
| 2016-11-27 | restructuring | in_progress | 420 | 2016-06-01 | 2017-05-31 | Brazil | International | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of certain International product lines; closure of snacks facility in Marília and cessation of operations in São Bernardo do Campo. | |
| 2016-11-27 | restructuring | in_progress | 440 | 2016-06-01 | 2017-05-31 | China | International | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Cessation of production of certain underperforming snack products at facility in Nanjing. Combined with Brazil actions, total expected net expenses are $46 million. | |
| 2016-11-27 | plant_closure | in_progress | 370 | 2016-06-01 | 2019-05-31 | United States | U.S. Retail | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Vineland, New Jersey facility to eliminate excess soup capacity. Expected net expenses of $66 million. | |
| 2016-11-27 | restructuring | in_progress | 265 | 2016-02-01 | 2018-05-31 | United Kingdom | International | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Closure of dough and dry mix manufacturing facility in Berwick. Expected net expenses of $33 million. | |
| 2016-11-27 | plant_closure | in_progress | 500 | 2016-02-01 | 2019-05-31 | United States | U.S. Retail | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Closure of cereal and dry dinner manufacturing plant in West Chicago, Illinois. Expected net expenses of $108 million. | |
| 2016-11-27 | restructuring | announced | 500 | 2016-11-28 | 2018-05-31 | Global | Corporate | USD 75 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced post-quarter. Elimination of 400 to 600 positions globally to align organizational structure. Expected pre-tax charges of $60 to $90 million. | |
| 2016-11-27 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 15,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | Restructuring Actions Previously Announced Project Century | USD 9,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | 500 | U S / Quarter One Fiscal2016 Project Century Exit West Chicago Facility | USD 5,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-11-27 | restructuring | in_progress | Quarter One2017 Certain International Segment Product Lines | USD 6,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | Quarter One2017 Vineland Facility | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | International / Quarter One2017 Certain International Segment Product Lines | USD 43,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | 370 | U S / Quarter One2017 Vineland Facility | USD 27,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-11-27 | restructuring | in_progress | International / Quarter One Fiscal2016 Project Compass | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | Quarter One Fiscal2016 Project Compass | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | USD 41,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-11-27 | restructuring | in_progress | Cost Of Sales | USD 26,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | Restructuring Charges | USD 87,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | Quarter Two Fiscal2015 Project Catalyst | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | 350 | International / Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-11-27 | restructuring | in_progress | 265 | International / Quarter Two Fiscal2016 Project Century Exit Berwick Facility | USD 500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-11-27 | restructuring | in_progress | Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-11-27 | restructuring | in_progress | 725 | International / Quarter One Fiscal2016 Project Compass / Minimum | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-11-27 | restructuring | in_progress | 775 | International / Quarter One Fiscal2016 Project Compass / Maximum | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-11-27 | restructuring | in_progress | 420 | International / Quarter One2017 Brazilian Facilities | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-11-27 | restructuring | in_progress | 440 | International / Quarter One2017 China Facilities | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-11-27 | restructuring | in_progress | 20 | International / Quarter Two Fiscal2016 Project Century Exit East Tamaki Facility | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-08-28 | restructuring | in_progress | 420 | 2017-05-28 | Brazil | International | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in Q1 fiscal 2017 (specific date not disclosed); involves closing the Marília snacks plant and ending meals/snacks production at São Bernardo do Campo. The $36.4M Q1 charge for the combined International program was not allocated by geography; total program charges expected ~$43M, ~$8M cash. | |||
| 2016-08-28 | restructuring | in_progress | 440 | 2017-05-28 | Greater China | International | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in Q1 fiscal 2017 (specific date not disclosed); involves ceasing production of certain underperforming snack products at the Nanjing, China facility. Shares the combined International program's $36.4M Q1 charge, not allocated by geography; total program charges expected ~$43M, ~$8M cash. | |||
| 2016-08-28 | plant_closure | in_progress | 370 | 2019-05-26 | United States (Vineland, New Jersey) | U.S. Retail | USD 21 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q1 fiscal 2017 (specific date not disclosed) to eliminate excess U.S. Retail soup capacity; Q1 charge comprises $12.4M severance and $7.0M accelerated depreciation. ~$27M additional expense expected in fiscal 2017; total program charges ~$66M, ~$23M cash. Expected completion end of fiscal 2019 (fiscal year-end date approximate). | ||
| 2016-08-28 | restructuring | in_progress | 420 | 2016-05-30 | 2017-05-28 | Brazil | International | USD 36 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of certain International product lines; closure of snacks facility in Marília and meals/snacks operations in São Bernardo do Campo. Total expected charges ~$43M. | |
| 2016-08-28 | restructuring | in_progress | 440 | 2016-05-30 | 2017-05-28 | China | International | USD 36 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Ceasing production of underperforming snack products at facility in Nanjing. Part of the same International product lines restructuring program. | |
| 2016-08-28 | plant_closure | in_progress | 370 | 2016-05-30 | 2019-05-26 | United States | U.S. Retail | USD 21 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Vineland, New Jersey plant to eliminate excess soup capacity. Total expected charges ~$66M. | |
| 2016-08-28 | restructuring | in_progress | 750 | 2015-05-31 | 2017-05-28 | International | International | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Compass; elimination of approximately 725 to 775 positions. Total expected net expenses ~$60M. | |
| 2016-08-28 | plant_closure | in_progress | 500 | 2015-05-31 | 2019-05-26 | United States | U.S. Retail | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century; closure of cereal and dry dinner manufacturing plant in West Chicago, Illinois. Total expected net expenses ~$117M. | |
| 2016-08-28 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 14,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | Restructuring Charges | USD 58,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | Cost Of Sales | USD 13,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | Restructuring Actions Previously Announced Project Century | USD 6,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | 500 | U S / Quarter One Fiscal2016 Project Century Exit West Chicago Facility | USD 7,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-08-28 | restructuring | in_progress | USD 72,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-08-28 | restructuring | in_progress | Quarter One2017 Certain International Segment Product Lines | USD 36,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | Quarter One2017 Vineland Facility | USD 20,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | International / Quarter One2017 Certain International Segment Product Lines | USD 36,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | 370 | U S / Quarter One2017 Vineland Facility | USD 20,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-08-28 | restructuring | in_progress | International / Quarter One Fiscal2016 Project Compass | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | Quarter One Fiscal2016 Project Compass | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | Quarter Two Fiscal2015 Project Catalyst | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-08-28 | restructuring | in_progress | 725 | International / Quarter One Fiscal2016 Project Compass / Minimum | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-08-28 | restructuring | in_progress | 775 | International / Quarter One Fiscal2016 Project Compass / Maximum | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-08-28 | restructuring | in_progress | 420 | International / Quarter One2017 Brazilian Facilities | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-08-28 | restructuring | in_progress | 440 | International / Quarter One2017 China Facilities | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-05-29 | restructuring | in_progress | International | International segment | USD 55 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Compass approved in the first quarter of fiscal 2016; expects to eliminate approximately 725 to 775 positions (range disclosed, not a single count). Total expected net expense approximately $60 million, substantially all cash. Expected completion by end of fiscal 2017. | ||||
| 2016-05-29 | plant_closure | in_progress | 285 | United Kingdom; New Zealand | International segment supply chain | USD 30 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century expansion approved in the second quarter of fiscal 2016: closure of manufacturing facilities in Berwick, UK and East Tamaki, NZ. Total expected charges approximately $41 million (approximately $20 million cash); $30.0 million recorded in fiscal 2016. Expected completion by end of fiscal 2018. | |||
| 2016-05-29 | plant_closure | in_progress | 500 | United States | U.S. Retail segment supply chain | USD 79 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century: closure of the West Chicago, Illinois cereal and dry dinner plant, approved in the first quarter of fiscal 2016; affects approximately 500 positions. Total expected net expense approximately $117 million (approximately $53 million cash); $79.2 million recorded in fiscal 2016. Expected completion by end of fiscal 2019. | |||
| 2016-05-29 | plant_closure | completed | 120 | United States | U.S. Retail segment supply chain | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century: closure of the Joplin, Missouri snacks plant, approved in the first quarter of fiscal 2016; affected approximately 120 positions. Total net expense $6.3 million (less than $1 million cash). Action completed in fiscal 2016. | |||
| 2016-05-29 | plant_closure | in_progress | 100 | Canada | U.S. Retail, International, and Convenience Stores and Foodservice supply chains | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century: refrigerated dough capacity reduction and exit of the Midland, Ontario facility, approved in the third quarter of fiscal 2015; affects approximately 100 positions. Total expected net expense approximately $23 million (approximately $16 million cash); $2.7 million recorded in fiscal 2016. Expected completion by end of fiscal 2018. | |||
| 2016-05-29 | plant_closure | in_progress | 400 | United States | U.S. Retail, International, and Convenience Stores and Foodservice supply chains | USD 17 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century: exit of the New Albany, Indiana facility, approved in the third quarter of fiscal 2015; affects approximately 400 positions. Total expected net expense approximately $82 million (approximately $40 million cash); $17.1 million recorded in fiscal 2016. Expected completion by end of fiscal 2018. | |||
| 2016-05-29 | plant_closure | completed | 175 | United States | U.S. Retail and Convenience Stores and Foodservice supply chains | USD 16 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century: yogurt manufacturing consolidation and exit of the Methuen, Massachusetts facility, approved in the second quarter of fiscal 2015; affected approximately 175 positions. Total expected net expense approximately $58 million (approximately $12 million cash); $15.6 million recorded in fiscal 2016. Largely completed in fiscal 2016. | |||
| 2016-05-29 | plant_closure | completed | 430 | United States | U.S. Retail supply chain | USD 31 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century: cereal and dry mix capacity reduction and exit of the Lodi, California facility, approved in the second quarter of fiscal 2015; affected approximately 430 positions. Total incurred net expense $93.8 million ($20 million cash); $30.6 million recorded in fiscal 2016. Completed in fiscal 2016. | |||
| 2016-05-29 | acquisition_addition | completed | United States | U.S. Retail — natural and organic portfolio (meat snacks) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of EPIC Provisions LLC during fiscal 2016; headcount added not disclosed. | |||||
| 2016-05-29 | acquisition_addition | completed | Brazil | International segment — yogurt | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Laticinios Carolina Ltda. during fiscal 2016; headcount added not disclosed. | |||||
| 2016-05-29 | divestiture_reduction | completed | North America | U.S. Retail / International — vegetables (Green Giant) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | North American Green Giant product lines sold in the second quarter of fiscal 2016 for $822.7 million cash; pre-tax gain of $199.1 million recorded. Headcount removed not disclosed. | |||||
| 2016-05-29 | divestiture_reduction | completed | Venezuela | International segment — canned meat business | USD 38 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | General Mills de Venezuela CA subsidiary sold in the fourth quarter of fiscal 2016, exiting the Venezuela business; pre-tax loss of $37.6 million. Headcount removed not disclosed. | ||||
| 2016-05-29 | divestiture_reduction | completed | Argentina | Convenience Stores and Foodservice — foodservice business | USD 15 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | General Mills Argentina S.A. foodservice business sold in the fourth quarter of fiscal 2016; pre-tax loss of $14.8 million. Headcount removed not disclosed. | ||||
| 2016-05-29 | restructuring | in_progress | 750 | 2015-08-01 | 2016-05-29 | United States | Corporate / Overhead | USD 141 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Catalyst: Eliminated approx 750 positions primarily in US to increase organizational effectiveness. Largely completed in fiscal 2015. | |
| 2016-05-29 | restructuring | in_progress | 750 | 2016-06-01 | 2017-05-28 | International | International Segment | USD 60 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Compass: Approved Q1 FY16. Eliminate approx 725-775 positions in International segment. Expected completion end of FY17. | |
| 2016-05-29 | restructuring | in_progress | 285 | 2016-08-01 | 2018-05-27 | United Kingdom; New Zealand | International Segment | USD 41 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Closed facilities in Berwick, UK and East Tamaki, NZ. Affected approx 285 positions. | |
| 2016-05-29 | restructuring | in_progress | 500 | 2016-06-01 | 2019-05-26 | United States | U.S. Retail Segment | USD 117 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Closed West Chicago, IL cereal and dry dinner plant. Affected approx 500 positions. | |
| 2016-05-29 | restructuring | completed | 120 | 2016-06-01 | 2016-05-29 | United States | U.S. Retail Segment | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Closed Joplin, MO snacks plant. Affected approx 120 positions. Completed in FY16. | |
| 2016-05-29 | restructuring | in_progress | 100 | 2015-11-01 | 2018-05-27 | Canada | U.S. Retail; International; Convenience Stores and Foodservice | USD 23 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Exited Midland, Ontario refrigerated dough facility. Affected approx 100 positions. | |
| 2016-05-29 | restructuring | in_progress | 400 | 2015-11-01 | 2018-05-27 | United States | U.S. Retail; International; Convenience Stores and Foodservice | USD 82 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Exited New Albany, IN refrigerated dough facility. Affected approx 400 positions. | |
| 2016-05-29 | restructuring | completed | 175 | 2015-08-01 | 2016-05-29 | United States | U.S. Retail; Convenience Stores and Foodservice | USD 58 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Consolidated yogurt capacity, exited Methuen, MA facility. Affected approx 175 positions. Largely completed in FY16. | |
| 2016-05-29 | restructuring | completed | 430 | 2015-08-01 | 2016-05-29 | United States | U.S. Retail Segment | USD 94 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Eliminated excess cereal/dry mix capacity, exited Lodi, CA facility. Affected approx 430 positions. Completed in FY16. | |
| 2016-05-29 | restructuring | in_progress | 240 | 2015-06-01 | 2017-05-28 | International | International Segment | USD 15 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Combination of certain operational facilities: Combined Yoplait and General Mills facilities in International segment. Affected approx 240 positions. | |
| 2016-05-29 | restructuring | in_progress | USD 229,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2016-05-29 | restructuring | in_progress | Cost Of Sales | USD 78,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-05-29 | restructuring | in_progress | Restructuring Charges | USD 151,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-05-29 | restructuring | in_progress | International / Quarter One Fiscal2016 Project Compass | USD 54,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-05-29 | restructuring | in_progress | 500 | U S / Quarter One Fiscal2016 Project Century Exit West Chicago Facility | USD 79,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-05-29 | restructuring | in_progress | 120 | U S / Quarter One Fiscal2016 Project Century Exit Joplin Facility | USD 6,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-05-29 | restructuring | in_progress | 100 | Quarter Three Fiscal2015 Project Century Exit Midland Facility | USD 2,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-05-29 | restructuring | in_progress | 400 | Quarter Three Fiscal2015 Project Century Exit New Albany Facility | USD 17,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-05-29 | restructuring | in_progress | 175 | U S Retail And Convenience Stores And Foodservice Segment / Quarter Two Fiscal2015 Project Century Exit Methuen Facility | USD 15,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-05-29 | restructuring | in_progress | 430 | U S / Quarter Two Fiscal2015 Project Century Exit Lodi Facility | USD 30,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-05-29 | restructuring | in_progress | Project Century Miscellaneous Costs | USD 1,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-05-29 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 182,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-05-29 | restructuring | in_progress | Actions Previously Announced | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-05-29 | restructuring | in_progress | Quarter One Fiscal2015 Combination Of Certain Operational Facilities | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-05-29 | restructuring | in_progress | Quarter One Fiscal2016 Project Compass | USD 54,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-05-29 | restructuring | in_progress | 725 | Minimum / International / Quarter One Fiscal2016 Project Compass | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-05-29 | restructuring | in_progress | 775 | Maximum / International / Quarter One Fiscal2016 Project Compass | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-05-29 | restructuring | in_progress | 285 | International / Quarter Two Fiscal2016 Project Century Exit Berwick And East Tamaki Facilities | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-05-29 | restructuring | in_progress | 240 | International / Quarter One Fiscal2015 Combination Of Certain Operational Facilities | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-05-29 | restructuring | in_progress | 750 | U S / Quarter Two Fiscal2015 Project Catalyst | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-02-28 | restructuring | in_progress | 2017-05-31 | International | International | USD 64 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q1 fiscal 2016; approximately 725 to 775 positions to be eliminated; expected net expenses of $62 to $65 million, of which about $61 million cash. Charge value shown is midpoint of disclosed range. $52.8 million recorded in nine months ended 2016-02-28. | |||
| 2016-02-28 | plant_closure | in_progress | 285 | 2017-05-31 | Berwick, United Kingdom and East Tamaki, New Zealand | International — supply chain | USD 50 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Scope broadened in Q2 fiscal 2016; total expected charges of $47 to $52 million, about $22 million cash (midpoint shown). $18.3 million recorded in nine months ended 2016-02-28. | ||
| 2016-02-28 | plant_closure | in_progress | 500 | 2019-05-31 | West Chicago, Illinois, United States | U.S. Retail — cereal and dry dinner manufacturing | USD 114 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Notified union employees in Q1 fiscal 2016; expected net expenses of about $114 million, of which about $57 million cash. $72.2 million recorded in nine months ended 2016-02-28. | ||
| 2016-02-28 | plant_closure | in_progress | 120 | 2016-05-31 | Joplin, Missouri, United States | U.S. Retail — snacks manufacturing | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Notified employees in Q1 fiscal 2016; expected net expenses of about $8 million, less than $1 million cash. $8.4 million recorded in nine months ended 2016-02-28. | ||
| 2016-02-28 | plant_closure | in_progress | 100 | 2018-05-31 | Midland, Ontario, Canada | U.S. Retail, International, and Convenience Stores and Foodservice — refrigerated dough | USD 23 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q3 fiscal 2015; expected net expenses of about $23 million, of which about $15 million cash. $1.3 million recorded in nine months ended 2016-02-28. | ||
| 2016-02-28 | plant_closure | in_progress | 400 | 2018-05-31 | New Albany, Indiana, United States | U.S. Retail, International, and Convenience Stores and Foodservice — refrigerated dough | USD 84 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q3 fiscal 2015; expected net expenses of about $84 million, of which about $42 million cash. $13.0 million recorded in nine months ended 2016-02-28. | ||
| 2016-02-28 | plant_closure | in_progress | 250 | 2016-05-31 | Methuen, Massachusetts, United States | U.S. Retail and Convenience Stores and Foodservice — yogurt manufacturing | USD 64 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 fiscal 2015; expected net expenses of about $64 million, of which about $13 million cash. $13.8 million recorded in nine months ended 2016-02-28. | ||
| 2016-02-28 | plant_closure | in_progress | 430 | 2016-05-31 | Lodi, California, United States | U.S. Retail — cereal and dry mix manufacturing | USD 85 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 fiscal 2015; expected net expenses of about $85 million, of which about $20 million cash. $26.4 million recorded in nine months ended 2016-02-28. | ||
| 2016-02-28 | restructuring | completed | 750 | 2015-05-31 | Primarily United States | Corporate / overhead | USD 140 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 fiscal 2015; approximately 750 positions eliminated, largely completed in fiscal 2015; net expenses of about $140 million, of which about $103 million cash. A $8.9 million estimate reduction was recorded in Q3 fiscal 2016. | ||
| 2016-02-28 | restructuring | in_progress | 240 | 2017-05-31 | International | International — Yoplait and General Mills operational facilities | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q1 fiscal 2015; expected net expenses of about $15 million, of which about $12 million cash. No charges recorded in the nine months ended 2016-02-28. | ||
| 2016-02-28 | divestiture_reduction | completed | North America | U.S. Retail / International — Green Giant product lines | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | North American Green Giant product lines sold for $822.7 million cash in Q2 fiscal 2016 with a $199.1 million pre-tax gain; no headcount associated with the divestiture was disclosed. | |||||
| 2016-02-28 | acquisition_addition | completed | 2014-10-21 | United States | U.S. Retail — Annie's, Inc. | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition closed 2014-10-21 for $821.2 million; no employee headcount added through the acquisition was disclosed. Integration costs of $4 million recorded in Q3 fiscal 2016. | ||||
| 2016-02-28 | divestiture_reduction | announced | 2016-03-16 | Venezuela | International — General Mills de Venezuela CA | USD 35 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsidiary sold on 2016-03-16, exiting the Venezuela business; expected pre-tax loss on sale of about $35 million in Q4 fiscal 2016. No headcount disclosed; Venezuela operations represented less than 1 percent of consolidated assets, net sales, and segment operating profit. | |||
| 2016-02-28 | restructuring | in_progress | 750 | 2015-07-01 | 2015-12-31 | United States | Corporate / Overhead | USD 140 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Catalyst: Eliminated approx 750 positions primarily in US to increase organizational effectiveness. Actions largely completed in fiscal 2015. | |
| 2016-02-28 | restructuring | in_progress | 775 | 2015-12-01 | 2017-05-31 | International | International Segment | USD 65 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Compass: Eliminate approx 725-775 positions in International segment to accelerate long-term growth. | |
| 2016-02-28 | plant_closure | in_progress | 500 | 2015-12-01 | 2019-05-31 | West Chicago, Illinois, United States | U.S. Retail Segment | USD 114 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Closure of cereal and dry dinner manufacturing plant. | |
| 2016-02-28 | plant_closure | in_progress | 120 | 2015-12-01 | 2016-05-31 | Joplin, Missouri, United States | U.S. Retail Segment | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Closure of snacks manufacturing facility. | |
| 2016-02-28 | plant_closure | in_progress | 100 | 2015-10-01 | 2018-05-31 | Midland, Ontario, Canada | U.S. Retail, International, Convenience Stores and Foodservice | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Exit refrigerated dough capacity facility. | |
| 2016-02-28 | plant_closure | in_progress | 400 | 2015-10-01 | 2018-05-31 | New Albany, Indiana, United States | U.S. Retail, International, Convenience Stores and Foodservice | USD 84 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Exit refrigerated dough capacity facility. | |
| 2016-02-28 | plant_closure | in_progress | 250 | 2015-07-01 | 2016-05-31 | Methuen, Massachusetts, United States | U.S. Retail, Convenience Stores and Foodservice | USD 64 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Consolidate yogurt manufacturing capacity. | |
| 2016-02-28 | plant_closure | in_progress | 430 | 2015-07-01 | 2016-05-31 | Lodi, California, United States | U.S. Retail | USD 85 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Eliminate excess cereal and dry mix capacity. | |
| 2016-02-28 | restructuring | in_progress | 285 | 2016-01-01 | 2017-05-31 | Berwick, United Kingdom; East Tamaki, New Zealand | International Segment | USD 52 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Closure of manufacturing facilities in International segment supply chain. | |
| 2016-02-28 | restructuring | in_progress | 240 | 2014-12-01 | 2017-05-31 | International | International Segment | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Combination of certain Yoplait and General Mills operational facilities. | |
| 2016-02-28 | divestiture_reduction | completed | 2015-11-01 | 2015-11-30 | North America | U.S. Retail / International | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sold North American Green Giant product lines. Headcount impact not explicitly quantified in employee count, but noted as impacting net sales growth. | |||
| 2016-02-28 | divestiture_reduction | announced | 2016-03-16 | 2016-05-31 | Venezuela | International Segment | USD 35 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Sold General Mills de Venezuela CA subsidiary and exited business in Venezuela. Expected pre-tax loss of approx $35 million. | ||
| 2016-02-28 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 43,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-02-28 | restructuring | in_progress | Quarter One Fiscal2016 Project Compass | USD 52,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-02-28 | restructuring | in_progress | Quarter One Fiscal2015 Combination Of Certain Operational Facilities | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-02-28 | restructuring | in_progress | Restructuring Actions Previously Announced | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-02-28 | restructuring | in_progress | Restructuring Charges | USD 16,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-02-28 | restructuring | in_progress | Cost Of Sales | USD 60,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-02-28 | restructuring | in_progress | Restructuring Actions Previously Announced Project Century | USD 1,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-02-28 | restructuring | in_progress | 500 | U S / Quarter One Fiscal2016 Project Century Exit West Chicago Facility | USD 8,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-02-28 | restructuring | in_progress | 120 | U S / Quarter One Fiscal2016 Project Century Exit Joplin Facility | USD 8,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-02-28 | restructuring | in_progress | International / Quarter One Fiscal2016 Project Compass | USD 52,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-02-28 | restructuring | in_progress | 430 | U S / Quarter Two Fiscal2015 Project Century Exit Lodi Facility | USD 9,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-02-28 | restructuring | in_progress | 250 | U S Retail And Convenience Stores And Foodservice Segments / Quarter Two Fiscal2015 Project Century Exit Methuen Facility | USD 13,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-02-28 | restructuring | in_progress | USD 34,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-02-28 | restructuring | in_progress | 400 | Quarter Three Fiscal2015 Project Century Exit New Albany Facility | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-02-28 | restructuring | in_progress | 100 | Quarter Three Fiscal2015 Project Century Exit Midland Facility | USD 1,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-02-28 | restructuring | in_progress | 285 | International / Quarter Two Fiscal2016 Project Century Exit Berwick And East Tamaki Facilities | USD 17,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-02-28 | restructuring | in_progress | 750 | Quarter Two Fiscal2015 Project Catalyst | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-02-28 | restructuring | in_progress | 725 | International / Quarter One Fiscal2016 Project Compass / Minimum | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-02-28 | restructuring | in_progress | 775 | International / Quarter One Fiscal2016 Project Compass / Maximum | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2016-02-28 | restructuring | in_progress | 240 | International / Quarter One Fiscal2015 Combination Of Certain Operational Facilities | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2015-11-29 | restructuring | in_progress | 2015-08 | 2017-05 | International | International | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ranges disclosed: 725–775 positions eliminated; $62–65M net expenses, about $61M cash. $53.6M charged in six months ended Nov. 29, 2015. | |||
| 2015-11-29 | plant_closure | in_progress | 265 | 2015-11 | 2017-05 | United Kingdom | International — supply chain (dough and dry mix manufacturing, Berwick) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge range $46–51M (incl. ~$10M severance, $36–41M other, ~$21M cash); ~$24–29M expected in Q3 FY2016. Pending employee consultation. | ||
| 2015-11-29 | plant_closure | in_progress | 20 | 2015-11 | 2017-05 | New Zealand | International — supply chain (pasta manufacturing, East Tamaki) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Less than $1M of net expenses expected, mostly cash; $0.4M recorded in Q2 FY2016. | ||
| 2015-11-29 | plant_closure | in_progress | 500 | 2015-08 | 2019-05 | United States | U.S. Retail — supply chain (cereal and dry dinner plant, West Chicago, Illinois) | USD 123 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately $123M net expenses expected, of which about $55M cash; $64.0M recorded in Q2 FY2016. Union employees notified in Q1 FY2016. | |
| 2015-11-29 | plant_closure | in_progress | 120 | 2015-08 | 2018-05 | United States | U.S. Retail — supply chain (snacks plant, Joplin, Missouri) | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately $12M net expenses expected, about $5M cash; $2.9M recorded in Q2 FY2016 and $7.8M in six months. | |
| 2015-11-29 | plant_closure | in_progress | 250 | 2014-11 | 2016-05 | United States | U.S. Retail and Convenience Stores and Foodservice — yogurt manufacturing (Methuen, Massachusetts) | USD 65 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 FY2015; approximately $65M net expenses expected, about $14M cash; $3.3M recorded in Q2 FY2016. | |
| 2015-11-29 | plant_closure | in_progress | 430 | 2014-11 | 2016-05 | United States | U.S. Retail — supply chain (cereal and dry mix plant, Lodi, California) | USD 102 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 FY2015; approximately $102M net expenses expected, about $38M cash; $7.9M recorded in Q2 FY2016. | |
| 2015-11-29 | restructuring | completed | 800 | 2014-11 | 2015-05 | United States | Primarily corporate/overhead functions | USD 149 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved Q2 FY2015 to reduce overhead; approximately $149M net expenses, about $118M cash. Actions largely completed in fiscal 2015; $0.2M charged in six months. | |
| 2015-11-29 | restructuring | in_progress | 240 | 2014-08 | 2017-05 | International | International — combination of Yoplait and General Mills operational facilities | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved Q1 FY2015; approximately $15M net expenses expected, about $12M cash. | |
| 2015-11-29 | restructuring | in_progress | 750 | 2015-06-01 | 2017-05-31 | International | International Segment | USD 64 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Compass: Eliminate 725-775 positions. Expected net expenses $62-65M. Recorded $2.1M in Q2 and $53.6M YTD. | |
| 2015-11-29 | plant_closure | in_progress | 265 | 2015-08-30 | 2017-05-31 | United Kingdom | International Segment | USD 49 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Close Berwick dough/dry mix facility. Expected total charges $46-51M. | |
| 2015-11-29 | plant_closure | in_progress | 20 | 2015-08-30 | 2017-05-31 | New Zealand | International Segment | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Close East Tamaki pasta facility. Expected net expenses less than $1M. | |
| 2015-11-29 | plant_closure | in_progress | 500 | 2015-06-01 | 2019-05-31 | United States | U.S. Retail Segment | USD 123 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Close West Chicago, IL cereal/dry dinner plant. Expected net expenses $123M. Recorded $64.0M in Q2/YTD. | |
| 2015-11-29 | plant_closure | in_progress | 120 | 2015-06-01 | 2018-05-31 | United States | U.S. Retail Segment | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Close Joplin, MO snacks facility. Expected net expenses $12M. Recorded $2.9M in Q2 and $7.8M YTD. | |
| 2015-11-29 | plant_closure | in_progress | 250 | 2014-08-31 | 2016-05-31 | United States | U.S. Retail and Convenience Stores and Foodservice Segments | USD 65 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Exit Methuen, MA yogurt facility. Expected net expenses $65M. Recorded $3.3M in Q2 and $15.2M YTD. | |
| 2015-11-29 | plant_closure | in_progress | 430 | 2014-08-31 | 2016-05-31 | United States | U.S. Retail Segment | USD 102 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Exit Lodi, CA cereal/dry mix facility. Expected net expenses $102M. Recorded $7.9M in Q2 and $17.0M YTD. | |
| 2015-11-29 | restructuring | in_progress | 800 | 2014-08-31 | 2015-05-31 | United States | Corporate / General | USD 149 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Catalyst: Eliminate ~800 positions. Expected net expenses $149M. Actions largely completed in FY2015. Recorded $0.2M YTD. | |
| 2015-11-29 | restructuring | in_progress | 240 | 2014-06-01 | 2017-05-31 | International | International Segment | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Combine Yoplait and General Mills operational facilities. Expected net expenses $15M. | |
| 2015-11-29 | restructuring | in_progress | Quarter One Fiscal2016 Project Compass | USD 2,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 81,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | USD 83,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-11-29 | restructuring | in_progress | 800 | Quarter Two Fiscal2015 Project Catalyst | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2015-11-29 | restructuring | in_progress | Quarter One Fiscal2015 Combination Of Certain Operational Facilities | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Restructuring Actions Previously Announced | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Cost Of Sales | USD 21,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Restructuring Charges | USD 61,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Restructuring Actions Previously Announced Project Century | USD 2,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Quarter One Fiscal2016 Project Century Exit West Chicago Facility / U S | USD 64,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Quarter One Fiscal2016 Project Century Exit Joplin Facility / U S | USD 7,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Quarter One Fiscal2016 Project Compass / International | USD 2,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Quarter Two Fiscal2016 Project Century Exit East Tamaki Facility / International | USD 400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century Exit Lodi Facility / U S | USD 7,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-11-29 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century Exit Methuen Facility / U S Retail And Convenience Stores And Foodservice Segments | USD 3,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-30 | restructuring | in_progress | 2017-05 | International | International segment — organizational and administrative functions | USD 59 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in the first quarter of fiscal 2016; expected to eliminate approximately 675 to 725 positions (range disclosed, not a single figure). Approximately $56 million of the $59 million total will be cash; $51.5 million recorded in Q1 fiscal 2016. | |||
| 2015-08-30 | restructuring | in_progress | North America | Manufacturing and distribution network (Project Century) | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded in Q1 fiscal 2016 relates to Century actions announced before the quarter; headcount impact and completion timing for these prior actions are not disclosed in this filing. | ||||
| 2015-08-30 | plant_closure | announced | 500 | 2019-05 | United States | U.S. Retail supply chain — cereal and dry dinner production | USD 120 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tentative decision to close the West Chicago, Illinois plant notified to union employees and representatives in Q1 fiscal 2016, pending negotiations and consultation; affects approximately 500 positions; approximately $52 million of the $120 million total will be cash; no charges recorded in Q1 fiscal 2016. | ||
| 2015-08-30 | plant_closure | in_progress | 120 | 2018-05 | United States | U.S. Retail supply chain — snacks manufacturing | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to close the Joplin, Missouri snacks manufacturing facility notified to employees in Q1 fiscal 2016; affects approximately 120 positions; approximately $5 million of the $12 million total will be cash; $4.9 million recorded in Q1 fiscal 2016. | ||
| 2015-08-30 | restructuring | in_progress | 800 | 2015-05 | Primarily United States | Corporate and overhead functions | USD 148 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 fiscal 2015 to increase organizational effectiveness and reduce overhead; approximately 800 positions, primarily in the United States; actions described as largely completed in fiscal 2015, with $0.2 million charge and $19.7 million cash recorded in Q1 fiscal 2016; approximately $118 million of the $148 million total will be cash. | ||
| 2015-08-30 | restructuring | in_progress | 240 | 2016-05 | International | International segment — Yoplait and General Mills operational facilities | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q1 fiscal 2015 to combine certain Yoplait and General Mills operational facilities; affects approximately 240 positions; approximately $14 million of the $15 million total will be cash; no charge recorded in Q1 fiscal 2016 (the $14.0 million charge was recorded in Q1 fiscal 2015, a comparative period). | ||
| 2015-08-30 | restructuring | in_progress | 700 | 2015-06-01 | 2017-05-31 | International | International Segment | USD 52 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Compass: approved in Q1 FY2016 to eliminate approx 675-725 positions. Expected net expenses $59M ($56M cash). Charges recorded $51.5M. | |
| 2015-08-30 | plant_closure | announced | 500 | 2015-06-01 | 2019-05-31 | West Chicago, Illinois | U.S. Retail | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: tentative decision to close West Chicago plant. Affects approx 500 positions. Expected net expenses $120M ($52M cash). No charges recorded in Q1 FY2016. | |
| 2015-08-30 | plant_closure | in_progress | 120 | 2015-06-01 | 2018-05-31 | Joplin, Missouri | U.S. Retail | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: decision to close Joplin snacks facility. Affects approx 120 positions. Expected net expenses $12M ($5M cash). Charges recorded $4.9M. | |
| 2015-08-30 | restructuring | in_progress | 800 | 2015-02-01 | 2016-05-31 | United States | Corporate / General | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Catalyst: approved in Q2 FY2015 to eliminate approx 800 positions. Expected net expenses $148M ($118M cash). Charges recorded $0.2M in Q1 FY2016. Largely completed in FY2015. | |
| 2015-08-30 | restructuring | in_progress | 240 | 2014-11-01 | 2016-05-31 | International | International Segment | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Combination of certain operational facilities: approved in Q1 FY2015 to affect approx 240 positions. Expected net expenses $15M ($14M cash). No charges recorded in Q1 FY2016 (charges were in Q1 FY2015). | |
| 2015-08-30 | restructuring | in_progress | Quarter One Fiscal2016 Project Compass | USD 51,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-30 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 30,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-30 | restructuring | in_progress | Quarter One Fiscal2015 Combination Of Certain Operational Facilities | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-30 | restructuring | in_progress | USD 81,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-08-30 | restructuring | in_progress | Quarter Two Fiscal2015 Project Catalyst | USD 200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-30 | restructuring | in_progress | Cost Of Sales | USD 21,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-30 | restructuring | in_progress | Restructuring Charges | USD 60,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-30 | restructuring | in_progress | Restructuring Actions Previously Announced Project Century | USD 25,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-08-30 | restructuring | in_progress | Quarter One Fiscal2016 Project Compass / International | USD 51,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | completed | 800 | United States | U.S. Retail and corporate organizations | USD 148 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Catalyst approved in Q2 fiscal 2015 to reduce overhead expense; approximately 800 positions, of which about $118M of the $148.4M charge is cash; actions largely completed in fiscal 2015 | |||
| 2015-05-31 | plant_closure | in_progress | 100 | 2018-05-31 | Canada | Refrigerated dough (U.S. Retail, International, Convenience Stores and Foodservice supply chains) | USD 21 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century action approved in Q3 fiscal 2015 to exit the Midland, Ontario facility; $6.5M of charges recorded in fiscal 2015; about $12M of total expense is cash | ||
| 2015-05-31 | plant_closure | in_progress | 400 | 2018-05-31 | United States | Refrigerated dough (U.S. Retail, International, Convenience Stores and Foodservice supply chains) | USD 84 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century action approved in Q3 fiscal 2015 to exit the New Albany, Indiana facility; $51.3M of charges recorded in fiscal 2015; about $44M of total expense is cash | ||
| 2015-05-31 | plant_closure | in_progress | 250 | 2016-05-31 | United States | Yogurt manufacturing (U.S. Retail and Convenience Stores and Foodservice supply chains) | USD 69 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century action approved in Q2 fiscal 2015 to consolidate yogurt capacity and exit the Methuen, Massachusetts facility; $43.6M of charges recorded in fiscal 2015; about $18M of total expense is cash | ||
| 2015-05-31 | plant_closure | in_progress | 430 | 2016-05-31 | United States | Cereal and dry mix (U.S. Retail supply chain) | USD 102 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Century action approved in Q2 fiscal 2015 to eliminate excess capacity and exit the Lodi, California facility; $63.2M of charges recorded in fiscal 2015; about $41M of total expense is cash | ||
| 2015-05-31 | restructuring | in_progress | 240 | 2016-05-31 | International | International segment (Yoplait and General Mills operational facilities) | USD 15 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan approved in Q1 fiscal 2015 to combine certain Yoplait and General Mills facilities; $13.9M of charges recorded in fiscal 2015; about $14M of total expense is cash | ||
| 2015-05-31 | acquisition_addition | completed | 2014-10-21 | 2014-10-21 | United States | U.S. Retail (Meals and Snacks operating units) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Annie's, Inc. completed October 21, 2014 for $821.2M; headcount added through the acquisition is not disclosed | |||
| 2015-05-31 | restructuring | announced | 2017-05-31 | International | International segment | USD 60 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Project Compass approved in Q1 fiscal 2016 after year-end; approximately 675 to 725 positions to be eliminated with total charges of about $57 to $62M (midpoint shown); $54 to $57M expected in Q1 fiscal 2016; actions expected complete by end of fiscal 2017 | |||
| 2015-05-31 | restructuring | in_progress | 800 | 2015-02-01 | 2015-05-31 | United States | Corporate / Overhead | USD 148 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Catalyst: Eliminate approx 800 positions primarily in US to increase organizational effectiveness. Actions largely completed in fiscal 2015. | |
| 2015-05-31 | restructuring | in_progress | 100 | 2015-02-01 | 2018-05-31 | Canada | Manufacturing | USD 7 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Exit Midland, Ontario facility. Affects approx 100 positions. | |
| 2015-05-31 | restructuring | in_progress | 400 | 2015-02-01 | 2018-05-31 | United States | Manufacturing | USD 51 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Exit New Albany, Indiana facility. Affects approx 400 positions. | |
| 2015-05-31 | restructuring | in_progress | 250 | 2015-02-01 | 2016-05-31 | United States | Manufacturing | USD 44 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Exit Methuen, Massachusetts yogurt facility. Affects approx 250 positions. | |
| 2015-05-31 | restructuring | in_progress | 430 | 2015-02-01 | 2016-05-31 | United States | Manufacturing | USD 63 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Exit Lodi, California cereal/dry mix facility. Affects approx 430 positions. | |
| 2015-05-31 | restructuring | in_progress | 240 | 2015-02-01 | 2016-05-31 | International | Manufacturing | USD 14 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Project Century: Combine Yoplait and General Mills operational facilities in International segment. Affects approx 240 positions. | |
| 2015-05-31 | restructuring | announced | 700 | 2015-06-01 | 2017-05-31 | International | Administrative | USD 60 (millions) | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Project Compass: Announced subsequent to fiscal year-end. Eliminate approx 675-725 positions in International segment. Estimated total charges $57-62 million. | |
| 2015-05-31 | restructuring | in_progress | USD 343,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2015-05-31 | restructuring | in_progress | Quarter Two Fiscal2015 Project Catalyst | USD 148,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 181,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Quarter One Fiscal2015 Combination Of Certain Operational Facilities | USD 13,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Actions Previously Announced | USD -600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Cost Of Sales | USD 59,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Restructuring Charges | USD 283,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | 800 | Quarter Two Fiscal2015 Project Catalyst / Scenario Forecast | USD 148,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2015-05-31 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century Exit Lodi Facility / U S | USD 63,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century Exit Methuen Facility / U S Retail And Convenience Stores And Foodservice Segment | USD 43,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Quarter Three Fiscal2015 Project Century Exit New Albany Facility | USD 51,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Quarter Three Fiscal2015 Project Century Exit Midland Facility | USD 6,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Project Century Miscellaneous Costs | USD 17,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-05-31 | restructuring | in_progress | Quarter One Fiscal2015 Combination Of Certain Operational Facilities / International | USD 13,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | 800 | 2015-05-31 | United States | Corporate / overhead functions | USD 146 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved during second quarter of fiscal 2015; exact announcement date not disclosed. Approximately $146M net expenses expected, of which about $127M cash; actions to be largely completed by end of fiscal 2015. | ||
| 2015-02-22 | plant_closure | in_progress | 100 | 2018-05-31 | Canada (Midland, Ontario) | Project Century — refrigerated dough capacity reduction (U.S. Retail, International, Convenience Stores and Foodservice supply chains) | USD 20 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in third quarter of fiscal 2015; $5.7M of charges recorded in Q3 FY2015. Approximately $20M net expenses expected, about $12M cash. | ||
| 2015-02-22 | plant_closure | in_progress | 400 | 2018-05-31 | United States (New Albany, Indiana) | Project Century — refrigerated dough capacity reduction (U.S. Retail, International, Convenience Stores and Foodservice supply chains) | USD 88 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in third quarter of fiscal 2015; $47.4M of charges recorded in Q3 FY2015. Approximately $88M net expenses expected, about $44M cash. | ||
| 2015-02-22 | plant_closure | in_progress | 250 | 2016-05-31 | United States (Methuen, Massachusetts) | Project Century — yogurt manufacturing consolidation (U.S. Retail and Convenience Stores and Foodservice supply chains) | USD 70 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved during second quarter of fiscal 2015; $9.2M recorded in Q3 FY2015 and $34.9M in the nine-month period. Approximately $70M net expenses expected, about $20M cash. | ||
| 2015-02-22 | plant_closure | in_progress | 430 | 2016-05-31 | United States (Lodi, California) | Project Century — excess cereal and dry mix capacity elimination (U.S. Retail supply chain) | USD 100 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved during second quarter of fiscal 2015; $8.7M recorded in Q3 FY2015 and $53.5M in the nine-month period. Approximately $100M net expenses expected, about $38M cash. | ||
| 2015-02-22 | restructuring | in_progress | 240 | 2016-05-31 | International | International segment — combination of certain Yoplait and General Mills operational facilities | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved during first quarter of fiscal 2015; exact announcement date not disclosed. Approximately $15M net expenses expected, about $14M cash; expected completion in fiscal 2016. | ||
| 2015-02-22 | acquisition_addition | completed | 2014-10-21 | United States (Berkeley, California) | U.S. Retail segment (Annie's, Inc.) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Annie's, Inc. acquired October 21, 2014 for an aggregate purchase price of $821.2M, funded by debt issuance; headcount added through the acquisition is not disclosed. | ||||
| 2015-02-22 | restructuring | in_progress | 800 | 2014-11-23 | 2015-05-31 | United States | Corporate / Overhead | USD 146 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Catalyst: Plan to increase organizational effectiveness and reduce overhead expense. Approved in Q2 FY2015. | |
| 2015-02-22 | plant_closure | in_progress | 100 | 2014-11-23 | 2018-05-31 | Midland, Ontario, Canada | U.S. Retail, International, Convenience Stores and Foodservice | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Exit of refrigerated dough facility. | |
| 2015-02-22 | plant_closure | in_progress | 400 | 2014-11-23 | 2018-05-31 | New Albany, Indiana | U.S. Retail, International, Convenience Stores and Foodservice | USD 88 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Exit of refrigerated dough facility. | |
| 2015-02-22 | plant_closure | in_progress | 250 | 2014-11-23 | 2016-05-31 | Methuen, Massachusetts | U.S. Retail, Convenience Stores and Foodservice | USD 70 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Consolidation of yogurt manufacturing capacity. | |
| 2015-02-22 | plant_closure | in_progress | 430 | 2014-11-23 | 2016-05-31 | Lodi, California | U.S. Retail | USD 100 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Elimination of excess cereal and dry mix capacity. | |
| 2015-02-22 | restructuring | in_progress | 240 | 2014-08-24 | 2016-05-31 | International | International | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Combination of certain Yoplait and General Mills operational facilities to increase efficiencies. | |
| 2015-02-22 | restructuring | in_progress | Quarter Two Fiscal2015 Project Catalyst | USD 1,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 69,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | Quarter One Fiscal2015 Combination Of Certain Operational Facilities | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | Actions Previously Announced | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | USD 71,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-02-22 | restructuring | in_progress | Cost Of Sales | USD 21,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | Restructuring Charges | USD 49,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | Quarter Three Fiscal2015 Project Century Exit Midland Facility | USD 5,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | Quarter Three Fiscal2015 Project Century Exit New Albany Facility | USD 47,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century Exit Methuen Facility / U S Retail And Convenience Stores And Foodservice Segments | USD 9,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century Exit Lodi Facility / U S | USD 8,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-02-22 | restructuring | in_progress | Project Century Miscellaneous Costs | USD 17,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-23 | restructuring | in_progress | 2015-05-31 | United States | Corporate (overhead) | USD 160 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 FY2015; plan to eliminate approximately 700 to 800 positions, primarily in the United States, of which approximately $123 million will be cash. Filer discloses a range, not a point estimate. | |||
| 2014-11-23 | plant_closure | in_progress | 2016-05-31 | United States (Methuen, MA) | U.S. Retail and Convenience Stores and Foodservice supply chains | USD 65 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 FY2015 under Project Century: consolidate yogurt manufacturing capacity and exit the Methuen, MA facility, affecting approximately 250 positions, of which approximately $17 million will be cash. Filer discloses a range, not a point estimate. | |||
| 2014-11-23 | plant_closure | in_progress | 2016-05-31 | United States (Lodi, CA) | U.S. Retail supply chain | USD 123 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 FY2015 under Project Century: eliminate excess cereal and dry mix capacity and exit the Lodi, CA facility, affecting approximately 430 positions, of which approximately $24 million will be cash. Filer discloses a range, not a point estimate. | |||
| 2014-11-23 | restructuring | in_progress | 2016-05-31 | International | International segment (Yoplait and General Mills operational facilities) | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q1 FY2015: combine certain Yoplait and General Mills operational facilities to increase efficiencies, affecting approximately 240 positions, of which approximately $14 million will be cash. Filer discloses a range, not a point estimate. | |||
| 2014-11-23 | acquisition_addition | completed | 2014-10-21 | United States (Berkeley, CA) | U.S. Retail | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Annie's, Inc. closed October 21, 2014 for $821.2 million; no headcount added through the transaction is disclosed in this filing. | ||||
| 2014-11-23 | restructuring | in_progress | 750 | 2014-11-23 | 2015-05-31 | United States | Corporate / Overhead | USD 160 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Catalyst: Plan approved Q2 FY2015 to increase organizational effectiveness. Affects approx 700-800 positions (midpoint 750). Expected net expenses $160M ($123M cash). Completion by end of fiscal 2015. | |
| 2014-11-23 | plant_closure | in_progress | 250 | 2014-11-23 | 2016-05-31 | United States | U.S. Retail and Convenience Stores and Foodservice | USD 65 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Consolidate yogurt manufacturing capacity, exit Methuen, MA facility. Affects approx 250 positions. Expected net expenses $65M ($17M cash). Completion by end of fiscal 2016. | |
| 2014-11-23 | plant_closure | in_progress | 430 | 2014-11-23 | 2016-05-31 | United States | U.S. Retail | USD 123 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Eliminate excess cereal and dry mix capacity, exit Lodi, CA facility. Affects approx 430 positions. Expected net expenses $123M ($24M cash). Completion by end of fiscal 2016. | |
| 2014-11-23 | restructuring | in_progress | 240 | 2014-08-25 | 2016-05-31 | International | International | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Combination of certain operational facilities: Combine Yoplait and General Mills facilities within International segment. Affects approx 240 positions. Expected net expenses $15M ($14M cash). Completion in fiscal 2016. | |
| 2014-11-23 | restructuring | in_progress | Quarter Two Fiscal2015 Project Catalyst | USD 145,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-23 | restructuring | in_progress | Quarter Two Fiscal2015 Project Century | USD 88,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-23 | restructuring | in_progress | Quarter One Fiscal2015 Combination Of Certain Operational Facilities | USD -100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-23 | restructuring | in_progress | Actions Previously Announced | USD -600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-23 | restructuring | in_progress | USD 233,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-11-23 | restructuring | in_progress | Cost Of Sales | USD 18,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-11-23 | restructuring | in_progress | Restructuring Charges | USD 214,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-24 | restructuring | in_progress | 240 | 2016-05-31 | International | International segment — Yoplait and General Mills operational facilities | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved during Q1 FY2015 (exact announcement date not disclosed); plan to combine certain facilities to increase efficiencies. Approximately $15.0M of expected net expenses; $14.0M recorded in Q1 FY2015, including $13.1M severance and $0.9M asset write-offs. Severance reserve balance $16.2M at 2014-08-24. Expected completion in fiscal 2016. | ||
| 2014-08-24 | plant_closure | announced | 250 | 2017-05-28 | United States — Methuen, MA | U.S. Retail and Convenience Stores and Foodservice supply chains (Project Century) | USD 65 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 FY2015 (after quarter end); consolidates yogurt manufacturing capacity and exits the Methuen, MA facility. Approximately $7M severance plus about $16M of additional expense (primarily fixed asset write-offs) expected in Q2 FY2015 and about $18M in the remainder of fiscal 2015; total cost approximately $65M, of which about $17M is cash. Completion expected by end of fiscal 2017. | ||
| 2014-08-24 | plant_closure | announced | 430 | 2017-05-28 | United States — Lodi, CA | U.S. Retail supply chain (Project Century) — cereal and dry mix capacity | USD 123 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tentative decision notified in Q2 FY2015 to union employees and representatives, pending negotiations and consultation, to close the Lodi, CA plant. If implemented: about $70M of charges in fiscal 2015 (approximately $31M severance and $39M other, primarily fixed asset write-offs); total cost approximately $123M, of which about $24M is cash. Completion expected by end of fiscal 2017. | ||
| 2014-08-24 | restructuring | announced | Corporate overhead (Project Catalyst) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Project Catalyst approved in Q2 FY2015 to increase organizational effectiveness and reduce overhead expense; company states it cannot yet estimate the amount or range of costs, and will file an amended Form 8-K when estimable. No employee count disclosed. | ||||||
| 2014-08-24 | acquisition_addition | announced | 2014-09-08 | 2014-12-31 | United States | Branded organic and natural food products (Annie's Inc.) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire all outstanding shares of Annie's Inc. at $46 per share cash, aggregate value approximately $820M; to be financed through available credit. No headcount associated with the acquisition is disclosed. | |||
| 2014-08-24 | restructuring | in_progress | 240 | 2014-08-24 | 2016-05-31 | International | International Segment (Yoplait and General Mills operational facilities) | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan to combine certain Yoplait and General Mills operational facilities to increase efficiencies. Includes $13.1M severance and $0.9M asset write-offs. Expected completion in fiscal 2016. | |
| 2014-08-24 | plant_closure | announced | 250 | 2014-08-24 | 2017-05-31 | United States (Methuen, MA) | U.S. Retail and Convenience Stores and Foodservice | USD 65 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Consolidate yogurt manufacturing capacity and exit Methuen, MA facility. Total cost approx $65M ($17M cash). Approved in Q2 FY2015. | |
| 2014-08-24 | plant_closure | announced | 430 | 2014-08-24 | 2017-05-31 | United States (Lodi, CA) | U.S. Retail | USD 123 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Project Century: Tentative decision to close Lodi, CA plant to eliminate excess cereal and dry mix capacity. Total cost approx $123M ($24M cash). Pending union negotiations. | |
| 2014-08-24 | restructuring | announced | 2014-08-24 | Global | Corporate / Overhead | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Project Catalyst: Restructuring plan designed to increase organizational effectiveness and reduce overhead expense. Estimated costs not yet determined. | ||||
| 2014-08-24 | restructuring | in_progress | Employee Severance | USD -13,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-08-24 | restructuring | in_progress | USD -13,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-05-25 | restructuring | completed | 2014-05-25 | Global | All operating segments and support functions | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2014 activity under productivity and cost savings plan approved in Q4 fiscal 2012; actions completed during fiscal 2014, $22.4M cash paid for restructuring in FY2014; plan announcement date not stated (approved Q4 FY2012); no FY2014 employee-affected count disclosed | |||
| 2014-05-25 | divestiture_reduction | completed | 2014-05-25 | United States | U.S. Retail | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of certain grain elevators for $121.6M cash with $65.5M pre-tax gain in Q4 fiscal 2014; no associated headcount reduction disclosed | ||||
| 2014-05-25 | restructuring | completed | 2012-11-01 | 2014-05-25 | Global | All operating segments and support functions | USD 4 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Productivity and cost savings plan approved in Q4 FY2012. Completed in FY2014. $3.6M charge recorded in FY2014. $22.4M cash paid in FY2014. | ||
| 2014-05-25 | restructuring | in_progress | Contract Termination | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-05-25 | restructuring | in_progress | USD -6,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2014-05-25 | restructuring | in_progress | Employee Severance | USD -6,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-05-25 | restructuring | in_progress | Other Exit Costs | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-02-23 | restructuring | in_progress | 2014-05-25 | International | International segment | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Productivity and cost savings plan approved in Q4 fiscal 2012; $3.5M charge recorded in nine months ended 2014-02-23. About $4M of further charges expected in fiscal 2014; $17.3M cash paid in the period. No employee count disclosed. | |||
| 2014-02-23 | restructuring | in_progress | 2012-11-01 | 2014-05-31 | International | International Segment | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Productivity and cost savings plan approved in Q4 FY2012. $3.5M charge recorded in Q3 FY2014. Expected to complete by end of FY2014. | ||
| 2014-02-23 | restructuring | in_progress | Employee Severance | USD -3,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-02-23 | restructuring | in_progress | USD -3,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-11-24 | restructuring | in_progress | 2012-06-30 | 2014-05-25 | International | International segment | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Productivity and cost savings plan approved in Q4 fiscal 2012; $3.5M charged in six months ended Nov 24, 2013; ~$6M expected in fiscal 2014; $14.7M cash paid in period. No employee count disclosed. | ||
| 2013-11-24 | acquisition_addition | completed | 2012-08-01 | 2012-08-01 | Brazil | International segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Yoki Alimentos S.A. acquisition ($939.8M purchase price) consolidated from Q2 fiscal 2013; no headcount added disclosed. Included for context; no new acquisition in current period. | |||
| 2013-11-24 | restructuring | in_progress | 2012-10-01 | 2014-05-31 | International | International Segment | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Productivity and cost savings plan approved in Q4 FY2012. $3.5M charge recorded in 6 months ended Nov 24, 2013. Expected to complete by end of FY2014. | ||
| 2013-11-24 | restructuring | in_progress | Employee Severance | USD -4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-24 | restructuring | in_progress | Contract Termination | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-24 | restructuring | in_progress | Other Exit Costs | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-11-24 | restructuring | in_progress | USD -4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-08-25 | restructuring | in_progress | 2012-06-30 | 2014-05-25 | International | International segment | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Productivity and cost savings plan approved in Q4 fiscal 2012; no new actions initiated this quarter. Company expects to record approximately $6 million related to these actions in fiscal 2014. Severance reserve roll-forward: $19.5M opening, $3.0M charges (incl. FX), $8.4M utilized, $14.1M closing. No employee count disclosed. | ||
| 2013-08-25 | acquisition_addition | completed | 2012-08-01 | 2012-08-01 | Brazil | International segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Yoki Alimentos S.A. acquisition (closed August 1, 2012) referenced as a prior-period acquisition contributing to current-quarter results; no headcount added disclosed. No acquisitions occurred in Q1 fiscal 2014. | |||
| 2013-08-25 | restructuring | in_progress | 2014-05-25 | International | International Segment | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to productivity and cost savings plan approved in Q4 FY2012. Expected to complete by end of FY2014. No employee count disclosed. | |||
| 2013-08-25 | restructuring | in_progress | Employee Severance | USD -3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-08-25 | restructuring | in_progress | USD -3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-05-26 | restructuring | in_progress | International | International | USD 16 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2013 portion of productivity and cost savings plan approved in Q4 fiscal 2012; plan expected complete by end of fiscal 2014; exact announcement date not disclosed | ||||
| 2013-05-26 | restructuring | in_progress | United States | U.S. Retail | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2013 portion of productivity and cost savings plan approved in Q4 fiscal 2012; plan expected complete by end of fiscal 2014 | ||||
| 2013-05-26 | restructuring | in_progress | United States | Bakeries and Foodservice | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2013 portion of productivity and cost savings plan approved in Q4 fiscal 2012; plan expected complete by end of fiscal 2014 | ||||
| 2013-05-26 | restructuring | in_progress | United States | Corporate / other previously announced actions | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charges associated with other previously announced restructuring actions in FY2013; total FY2013 restructuring charges were $19.8M, of which $18.6M related to the productivity and cost savings plan ($10.6M severance, $8.0M other exit costs); $79.9M cash paid in FY2013 on restructuring actions | ||||
| 2013-05-26 | acquisition_addition | completed | 2012-08-01 | 2012-08-01 | Brazil | International | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Yoki Alimentos S.A. for aggregate purchase price of $939.8M; headcount added not disclosed | |||
| 2013-05-26 | acquisition_addition | completed | Ireland, United States, India, Canada | International; U.S. Retail | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2013 new businesses: Yoplait Ireland, Food Should Taste Good, Parampara Foods (India), Immaculate Baking Company, and assumption of the Canadian Yoplait franchise license; headcounts not disclosed and individual transaction dates not stated | |||||
| 2013-05-26 | restructuring | in_progress | 2012-10-01 | 2014-05-31 | Global | All segments | USD 20 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Productivity and cost savings plan approved in Q4 FY2012. FY2013 charge of $19.8M includes $11M severance and $8M other exit costs. Expected completion by end of FY2014. | ||
| 2013-05-26 | restructuring | in_progress | Contract Termination | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-05-26 | restructuring | in_progress | USD -10,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2013-05-26 | restructuring | in_progress | Employee Severance | USD -10,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-05-26 | restructuring | in_progress | Other Exit Costs | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-02-24 | restructuring | in_progress | 2012-05-27 | 2014-05-31 | Global | All operating segments and support functions | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Productivity and cost savings plan approved in Q4 fiscal 2012; nine-month charges of $16.7M for the plan plus other exit costs totaling $18.0M. Sub-components disclosed by segment: International $13.9M, U.S. Retail $2.0M, Bakeries and Foodservice $0.8M. No employee counts disclosed. Cash paid of $65.8M during the nine-month period; actions expected complete by end of fiscal 2014. | ||
| 2013-02-24 | acquisition_addition | completed | 2012-08-01 | 2012-08-01 | Brazil | International segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Yoki Alimentos S.A. for $939.8M aggregate purchase price; no headcount added disclosed. | |||
| 2013-02-24 | acquisition_addition | completed | 2011-10-01 | 2011-10-01 | France | International segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Prior-year acquisition of 51% controlling interest in Yoplait S.A.S. and 50% of Yoplait Marques S.A.S.; included here only as context for ongoing redeemable interest and integration costs. No headcount added disclosed. | |||
| 2013-02-24 | restructuring | in_progress | 2012-12-31 | 2014-05-31 | Global | All segments | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Productivity and cost savings plan approved in Q4 FY2012. YTD FY2013 charges of $18.0M ($13.9M International, $2.0M U.S. Retail, $0.8M Bakeries/Foodservice). Cash paid $65.8M. Expected completion end of FY2014. | ||
| 2013-02-24 | acquisition_addition | completed | 2012-08-01 | Brazil | International | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Yoki Alimentos S.A. on Aug 1, 2012. Headcount not disclosed. | ||||
| 2013-02-24 | acquisition_addition | completed | 2012-01-01 | France | International | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired controlling interest in Yoplait S.A.S. and Yoplait Marques S.A.S. in Q1 FY2012. Headcount not disclosed. | ||||
| 2013-02-24 | restructuring | in_progress | Employee Severance | USD -8,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-02-24 | restructuring | in_progress | Contract Termination | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-02-24 | restructuring | in_progress | Other Exit Costs | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-02-24 | restructuring | in_progress | USD -8,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-11-25 | restructuring | in_progress | 2014-05-25 | International | International | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Productivity and cost savings plan approved in Q4 fiscal 2012; six-month fiscal 2013 charge for this segment. No employee counts disclosed. Announcement date not stated; expected completion by end of fiscal 2014 (date shown is approximate fiscal year end). | |||
| 2012-11-25 | restructuring | in_progress | 2014-05-25 | United States | U.S. Retail | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same productivity and cost savings plan; six-month fiscal 2013 charge for this segment. No employee counts disclosed. Expected completion by end of fiscal 2014 (date approximate). | |||
| 2012-11-25 | restructuring | in_progress | 2014-05-25 | United States | Bakeries and Foodservice | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same productivity and cost savings plan; six-month fiscal 2013 charge for this segment. No employee counts disclosed. Expected completion by end of fiscal 2014 (date approximate). | |||
| 2012-11-25 | acquisition_addition | completed | 2012-08-01 | Brazil | International | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Yoki Alimentos S.A. for $939.8 million aggregate purchase price; headcount added not disclosed in this filing. | ||||
| 2012-11-25 | restructuring | in_progress | 2012-02-26 | 2014-05-26 | Global | All segments | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Productivity and cost savings plan approved in Q4 FY2012. Includes organizational changes to strengthen business alignment and accelerate administrative efficiencies. Charges of $9.4M (International), $1.5M (U.S. Retail), and $0.8M (Bakeries and Foodservice) recorded in the six months ended Nov 25, 2012. Employee count affected not disclosed. | ||
| 2012-11-25 | restructuring | in_progress | Employee Severance | USD -8,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-11-25 | restructuring | in_progress | Contract Termination | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-11-25 | restructuring | in_progress | Other Exit Costs | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-11-25 | restructuring | in_progress | USD -8,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-08-26 | restructuring | in_progress | 2012-03-31 | 2014-05-31 | International | International | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of productivity and cost savings plan approved in Q4 FY2012; employee counts not disclosed. | ||
| 2012-08-26 | restructuring | in_progress | 2012-03-31 | 2014-05-31 | United States | U.S. Retail | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of productivity and cost savings plan approved in Q4 FY2012; employee counts not disclosed. | ||
| 2012-08-26 | restructuring | in_progress | 2012-03-31 | 2014-05-31 | United States | Bakeries and Foodservice | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of productivity and cost savings plan approved in Q4 FY2012; employee counts not disclosed. | ||
| 2012-08-26 | acquisition_addition | completed | 2012-08-01 | Brazil | International | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Yoki Alimentos S.A. for $939.8M; headcount added not disclosed. Consolidation begins Q2 FY2013. | ||||
| 2012-08-26 | restructuring | in_progress | 2012-05-27 | 2014-05-26 | Global | All segments | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Productivity and cost savings plan approved in Q4 FY2012. Q1 FY2013 charges: $7.2M International, $1.5M U.S. Retail, $0.3M Bakeries and Foodservice. Employee count not disclosed. | ||
| 2012-05-27 | restructuring | in_progress | 850 | 2014-05 | Global | All operating segments and support functions | USD 101 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2012 productivity and cost savings plan approved during the year; approximately 850 positions to be eliminated globally. Charge of $100.6M comprises $87.6M severance and $13.0M non-cash asset write-off (U.S. Retail); charge by segment: U.S. Retail $69.9M, Bakeries and Foodservice $12.2M, International $9.5M, administrative $9.0M. Total fiscal 2012 restructuring charges were $101.6M including $1.0M from previously announced actions. Approximately $19M of additional charges expected in fiscal 2013; completion expected by end of fiscal 2014 (date shown is approximate fiscal year-end). No exact announcement date disclosed. | ||
| 2012-05-27 | acquisition_addition | completed | 2011-07-01 | 2011-07-01 | France, Canada, United Kingdom and other countries | International segment — yogurt businesses | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 51% controlling interest in Yoplait S.A.S. and 50% interest in Yoplait Marques S.A.S. for an aggregate purchase price of $1.2 billion; both entities consolidated. Headcount added through the acquisition was not disclosed. | |||
| 2012-05-27 | acquisition_addition | announced | Brazil | International segment — snacks, convenient meals, basic foods, seasonings | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase agreement entered into during the fourth quarter of fiscal 2012 for Yoki Alimentos S.A., aggregate purchase price approximately 1.97 billion Brazilian reals (about $990 million including ~$110 million of assumed debt); expected to close in the first half of fiscal 2013, to be funded with foreign subsidiary cash and commercial paper. Headcount not disclosed; no exact announcement date disclosed. | |||||
| 2012-05-27 | restructuring | in_progress | 850 | 2012-05-27 | 2014-05-31 | Global | All operating segments and support functions | USD 101 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Productivity and cost savings plan. Includes $88 million employee severance and $13 million asset write-off. Expected to eliminate approx 850 positions globally. | |
| 2012-05-27 | restructuring | in_progress | 850 | Productivity And Cost Savings Plan | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2011-11-27 | acquisition_addition | completed | France, Canada, United Kingdom (Yoplait S.A.S. operations); worldwide (Yoplait Marques S.A.S.) | International | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed July 1, 2011: 51% of Yoplait S.A.S. and 50% of Yoplait Marques S.A.S. for $1.2 billion aggregate purchase price. No employee count added through the acquisition is disclosed; $4 million of integration costs recorded in the quarter and six-month periods. | |||||
| 2011-11-27 | restructuring | in_progress | USD 1 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge of $0.7 million in Q2 and $0.8 million for the six-month period. No employee counts, severance accrual roll-forward, or completion dates disclosed; no dedicated restructuring footnote in this filing. | ||||||
| 2011-08-28 | acquisition_addition | completed | 2011-07-01 | France, Canada, United Kingdom (Yoplait S.A.S. operations); worldwide (Yoplait Marques S.A.S.) | International | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 51% controlling interest in Yoplait S.A.S. and 50% of Yoplait Marques S.A.S. for $1.2 billion aggregate purchase price; no employee headcount added disclosed. Consolidated both entities; one month of activity contributed 5 percentage points to consolidated net sales growth and 26 points to International segment growth. | ||||
| 2011-05-29 | restructuring | completed | 0 | 2011-05-29 | 2011-05-29 | United States | U.S. Retail | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit of an underperforming U.S. Retail product line; non-cash long-lived asset impairment. Filer states no employees were affected. Announcement date not specified; attributed to fiscal 2011 decision. | |
| 2011-05-29 | restructuring | completed | 0 | 2011-05-29 | 2011-05-29 | United States | U.S. Retail; Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2011 charges for restructuring actions previously announced (fiscal 2010 product-line exits); no employees affected by these FY2011 charges. Prior-year program activity not re-extracted. | |
| 2011-05-29 | acquisition_addition | completed | United States | U.S. Retail | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Mountain High yoghurt business for $84.8 million in Q3 fiscal 2011; headcount added not disclosed | |||||
| 2011-05-29 | acquisition_addition | completed | Australia | International | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Pasta Master meals business for $38.5 million in Q4 fiscal 2011; headcount added not disclosed | |||||
| 2011-05-29 | divestiture_reduction | completed | International | International — foodservice frozen baked goods product line | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Product line sold for $24.9 million cash with $14.3 million pre-tax gain in Q3 fiscal 2011; headcount removed not disclosed | |||||
| 2011-05-29 | divestiture_reduction | completed | United States | Bakeries and Foodservice — pie shell product line | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Product line sold for $9.5 million cash with $3.1 million pre-tax gain in Q4 fiscal 2011; headcount removed not disclosed | |||||
| 2011-05-29 | acquisition_addition | completed | 2011-05-29 | 2011-07-01 | France; United Kingdom; global | Yoplait S.A.S. and Yoplait Marques S.A.S. | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: 51% controlling interest in Yoplait S.A.S. and 50% of Yoplait Marques S.A.S. for $1.2 billion aggregate, finalized July 1, 2011 (after fiscal year-end, before filing); headcount not disclosed | |||
| 2011-05-29 | restructuring | completed | 2011-05-29 | 2011-05-29 | United States | U.S. Retail | USD 2 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Discontinuation of underperforming product line. No employees were affected by these actions. | ||
| 2011-05-29 | restructuring | completed | 2011-05-29 | 2011-05-29 | Global | Corporate | USD 3 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with restructuring actions previously announced. | ||
| 2011-02-27 | restructuring | completed | 2010-11-01 | United States | Bakeries and Foodservice | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Discontinuation of kids' refrigerated yogurt beverage and microwave soup product lines. Filing states 'No employees were affected by these actions' for the prior year actions, and 'did not undertake any new restructuring actions' in the current nine-month period, but reports $0.1M charge for discontinuation in Q3 2011. | |||
| 2011-02-27 | divestiture_reduction | completed | 2011-02-27 | Australia | International | USD -14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sold foodservice frozen baked goods product line for $24.9M cash, recording $14.3M pre-tax gain. Employee count not disclosed. | |||
| 2010-11-28 | restructuring | in_progress | 0 | United States | U.S. Retail | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Residual charges in Q2 fiscal 2011 from actions announced in the second quarter of fiscal 2010 (exit of kids' refrigerated yogurt beverage and microwave soup lines). Filer states no employees were affected; charges are non-cash write-downs of long-lived assets, and no new restructuring actions were undertaken in the quarter. Six-month charge was $2.0 million. | |||
| 2010-11-28 | acquisition_addition | announced | USD 85 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement reached during the second quarter of fiscal 2011 to purchase the Mountain High yogurt business; value shown is the cash purchase price, subject to an inventory-related adjustment. Headcount added not disclosed. Expected to close in the third quarter of fiscal 2011. | ||||||
| 2010-11-28 | divestiture_reduction | announced | International | USD 25 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell a foodservice frozen baked goods product line in the International segment; value shown is the cash sale price, subject to an inventory-related adjustment. Headcount removed not disclosed. Expected to close in the third quarter of fiscal 2011 with an after-tax gain of about $13 million; $4.4 million of related land, buildings and equipment was held-for-sale at quarter end. | |||||
| 2010-11-28 | restructuring | completed | 2010-05-30 | United States | U.S. Retail | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of kids' refrigerated yogurt beverage and microwave soup product lines. Filing states: 'No employees were affected by these actions.' Charge was non-cash against long-lived assets. | |||
| 2010-11-28 | plant_closure | completed | Brazil | International | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure and sale of Contagem, Brazil bread and pasta plant. Recorded as a net gain. | ||||
| 2010-08-29 | restructuring | in_progress | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with restructuring actions previously announced. No new restructuring actions undertaken in Q1 FY2011. | ||||||
| 2010-05-30 | restructuring | in_progress | 0 | 2010-12-31 | United States | U.S. Retail | USD 24 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit of kids' refrigerated yogurt beverage line at Murfreesboro, TN and microwave soup line at Vineland, NJ; $24.1M non-cash asset charge; filing states no employees were affected; $2.1M further exit costs expected by end of Q2 fiscal 2011 | ||
| 2010-05-30 | plant_closure | completed | 2010-05-30 | United States | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit of breadcrumbs product line at Federalsburg, MD; $6.2M non-cash impairment; facility sold in Q4 fiscal 2010 for $2.9M; headcount not disclosed | |||
| 2010-05-30 | plant_closure | completed | 2010-08-31 | Brazil | International | USD -1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of previously closed Contagem bread and pasta plant recorded a $0.6M net gain on $5.9M proceeds; restructuring announced in fiscal 2009 (556 employees affected then) and completed in Q2 fiscal 2010; no fiscal 2010 headcount impact disclosed | |||
| 2010-05-30 | restructuring | in_progress | United States | not specified | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2010 charges on restructuring actions announced in prior fiscal years; no action-level detail or headcount disclosed in this filing | ||||
| 2010-05-30 | restructuring | completed | 556 | 2009-12-31 | 2010-06-30 | Brazil | International | USD 17 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Contagem, Brazil bread and pasta plant. Completed in second quarter of fiscal 2010. | |
| 2010-05-30 | restructuring | completed | 0 | 2009-12-31 | 2010-06-30 | United States | U.S. Retail | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Discontinuation of Perfect Portions refrigerated biscuits product line at Murfreesboro, Tennessee plant. No employees affected. Completed in second quarter of fiscal 2010. | |
| 2010-05-30 | restructuring | in_progress | 0 | 2010-05-30 | 2011-06-30 | United States | U.S. Retail | USD 24 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Discontinuation of kids' refrigerated yogurt beverage and microwave soup product lines. No employees affected. Expected to complete by end of second quarter of fiscal 2011. | |
| 2010-05-30 | restructuring | completed | 0 | 2010-05-30 | 2010-05-30 | United States | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Discontinuation of breadcrumbs product line at Federalsburg, Maryland plant. Facility sold in fourth quarter of fiscal 2010. | |
| 2010-02-28 | restructuring | in_progress | 0 | 2011-02-28 | United States | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of underperforming products; non-cash impairment of long-lived assets. Filer states no employees were affected. Decision made during Q3 FY2010; exact announcement date not disclosed. Completion date approximate (end of fiscal Q3 2011). | ||
| 2010-02-28 | restructuring | in_progress | 0 | 2010-11-30 | United States | U.S. Retail | USD 24 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of underperforming products to rationalize capacity; non-cash charge against long-lived assets. Filer states no employees were affected. Decision made in Q2 FY2010 per MD&A; exact announcement date not disclosed. Additional $2.5M of other exit costs expected. Completion date approximate (end of fiscal Q2 2011). | ||
| 2010-02-28 | plant_closure | completed | Brazil | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure and sale of the Contagem bread and pasta plant, with a net gain of $0.6M recorded during the nine-month period. Employees affected not disclosed; segment attribution not stated in the footnote. | ||||||
| 2010-02-28 | restructuring | in_progress | 2009-11-30 | 2011-05-31 | United States | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of underperforming products; charge primarily related to impairment of long-lived assets. No employees were affected. | ||
| 2010-02-28 | restructuring | in_progress | 2009-08-01 | 2011-02-28 | United States | U.S. Retail | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of underperforming products to rationalize capacity; charge against related long-lived assets. No employees were affected. | ||
| 2010-02-28 | plant_closure | completed | Brazil | International | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure and sale of Contagem bread and pasta plant resulted in a net gain of $0.6 million. | ||||
| 2009-11-29 | restructuring | in_progress | 2009-11 | 2011-02 | United States | U.S. Retail | USD 24 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Late Nov 2009 decision to exit certain underperforming U.S. Retail products to rationalize capacity; $24.1M non-cash charge against related long-lived assets (a $6.6M portion written down to $0.4M fair value per Note 7). Filer states no employees were affected. An additional $2.5M of other exit costs expected, targeted for completion by end of fiscal 2011 Q2. | ||
| 2009-11-29 | plant_closure | completed | Brazil | Bakeries and Foodservice | USD -1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure and sale of the Contagem bread and pasta plant; a net gain of $0.8M recorded in the six-month period ended Nov 29, 2009. No employee count or announcement date disclosed. | ||||
| 2009-11-29 | restructuring | in_progress | 2009-11 | 2011-05 | United States | U.S. Retail | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of underperforming products to rationalize capacity. Filer explicitly stated: 'No employees were affected by these actions.' Charge relates to long-lived asset write-downs. | ||
| 2009-11-29 | plant_closure | completed | Brazil | International | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure and sale of Contagem, Brazil bread and pasta plant. Recorded a net gain of $0.8 million. | ||||
| 2009-11-29 | restructuring | in_progress | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs related to previously announced restructuring actions. | ||||||
| 2009-08-30 | plant_closure | completed | Brazil | Bakeries and Foodservice (bread and pasta plant, Contagem) | USD -1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Net gain of $1.0 million recorded in Q1 fiscal 2010 on closure and sale of the plant; no employee count or announcement date disclosed. | ||||
| 2009-08-30 | plant_closure | in_progress | Canada (Trenton, Ontario) | Frozen dough plant | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Continuing costs in Q1 fiscal 2010 related to the previously announced closure of the Trenton frozen dough facility; no employee count disclosed. | ||||
| 2009-08-30 | restructuring | in_progress | United States (Murfreesboro, Tennessee) | Product line discontinuation at plant | USD 0 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cost recorded in Q1 fiscal 2010 for discontinuation of a product line; no employee count disclosed. | ||||
| 2009-08-30 | plant_closure | completed | Brazil | Bakeries and Foodservice | USD -1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Net gain of $1.0 million recorded related to closure and sale of Contagem, Brazil bread and pasta plant. | ||||
| 2009-08-30 | plant_closure | in_progress | Canada | Bakeries and Foodservice | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs related to previously announced closure of Trenton, Ontario frozen dough plant. | ||||
| 2009-08-30 | restructuring | in_progress | United States | U.S. Retail | USD 0 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Discontinuation of product line at Murfreesboro, Tennessee plant. | ||||
| 2009-05-31 | plant_closure | in_progress | 556 | Brazil | International | USD 17 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approved in fiscal 2009 due to declining results; discontinued Forno De Minas cheese bread and Frescarini pasta brands and closed the Contagem, Brazil plant. Charge comprises $5.3M severance, $10.2M non-cash impairment, $1.3M other. Completion expected in the second quarter of fiscal 2010; production assets and brand sold for $5.9M after Brazilian subsidiary year-end. | |||
| 2009-05-31 | restructuring | in_progress | 0 | United States | U.S. Retail | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Exit of the Perfect Portions refrigerated biscuits product line at the Murfreesboro, Tennessee plant; $8.0M non-cash impairment plus $0.3M other costs. Filer states no employees were affected and other product lines at the site are unaffected; completion expected in the second quarter of fiscal 2010. | |||
| 2009-05-31 | restructuring | completed | United States; Canada | U.S. Retail; Bakeries and Foodservice | USD 17 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2009 incremental plant closure expenses on actions approved in fiscal 2008, including $10.3M for the remaining lease obligation at the closed Trenton, Ontario facility. Filer states all fiscal 2008 actions (Poplar WI, Allentown PA, Trenton ON, Chanhassen MN) were completed in fiscal 2009; employee counts for those actions (113, 111, 470, and 125 respectively) were disclosed as fiscal 2008 action figures. | ||||
| 2009-05-31 | acquisition_addition | completed | United States | U.S. Retail (Small Planet Foods / Snacks) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Humm Foods, Inc. (Lärabar) completed in the first quarter of fiscal 2009; consideration was 0.9 million shares valued at $55.0 million with $41.6 million recorded as goodwill. Headcount added through the acquisition is not disclosed. | |||||
| 2009-05-31 | divestiture_reduction | completed | United States | U.S. Retail (Snacks) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the Pop Secret microwave popcorn product line in the second quarter of fiscal 2009 for $192.5 million cash, producing a pre-tax gain of $128.8 million. Headcount removed is not disclosed. | |||||
| 2009-05-31 | divestiture_reduction | completed | United States; Canada | Bakeries and Foodservice; U.S. Retail | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth quarter fiscal 2009 divestitures: bread concentrates product line (Cedar Rapids, Iowa plant) sold for $8.3 million with a $5.6 million pre-tax loss; portion of the frozen unbaked bread dough line (Bakersfield CA, Hazleton PA, Montreal, Vinita OK) sold for $43.9 million cash plus an $11.9 million note with a $38.3 million pre-tax loss, which also resulted in exiting the frozen dinner roll line in U.S. Retail. Headcount removed is not disclosed. | |||||
| 2009-05-31 | restructuring | in_progress | 556 | 2009-05-31 | 2010-06-30 | Brazil | International | USD 17 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Contagem, Brazil bread and pasta plant; discontinuation of Forno De Minas and Frescarini brands. Expected completion in second quarter of fiscal 2010. | |
| 2009-05-31 | restructuring | in_progress | 0 | 2009-05-31 | 2010-06-30 | United States | U.S. Retail | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Discontinuation of Perfect Portions refrigerated biscuits product line at Murfreesboro, Tennessee plant. No employees affected. | |
| 2009-05-31 | restructuring | completed | 2009-05-31 | Canada | Bakeries and Foodservice | USD 17 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with restructuring actions previously announced, including remainder of lease obligation at previously closed Trenton, Ontario facility. | |||
| 2009-02-22 | plant_closure | in_progress | 470 | 2009-05-31 | Trenton, Ontario, Canada | Bakeries and Foodservice | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge covers employee severance and pension curtailment; announced in fiscal 2008, still in progress with limited plant use in fiscal 2009 while evaluating sublease or lease termination options. | ||
| 2009-02-22 | plant_closure | completed | 113 | 2009-02-22 | Poplar, Wisconsin, United States | International (Old El Paso production) | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge consisted entirely of employee severance; project completed in the third quarter of fiscal 2009. Announced in fiscal 2008. | ||
| 2009-02-22 | plant_closure | completed | 111 | 2008-08-31 | Allentown, Pennsylvania, United States | Frozen waffle product line (retail and foodservice) | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge comprised $3.9M severance, $6.2M non-cash asset impairment, and $0.7M incremental plant closure expenses. Announced in fiscal 2008 due to declining financial results. | ||
| 2009-02-22 | restructuring | completed | 125 | 2009-05-31 | Chanhassen, Minnesota, United States | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Production scheduling restructuring and cake product line discontinuation; charge entirely for employee severance. Action completed in fiscal 2009. Announced in fiscal 2008. | ||
| 2009-02-22 | restructuring | completed | 38 | 2008-08-31 | United States | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional charges primarily for previously announced Bakeries and Foodservice restructuring; entirely employee severance. Action completed in fiscal 2008. | ||
| 2009-02-22 | divestiture_reduction | announced | 2009-05-31 | United States | Bakeries and Foodservice (frozen unbaked bread dough product line) | USD 32 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell portion of frozen unbaked bread dough product line entered into subsequent to Q3 end; company will exit the product line. Expected after-tax loss of approximately $32M in Q4 fiscal 2009. No employee count disclosed. | |||
| 2009-02-22 | plant_closure | completed | 470 | 2008-08-01 | 2009-05-31 | Trenton, Ontario | Bakeries and Foodservice | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of frozen dough facility. Charge includes employee severance and pension curtailment. Expected to be completed by May 31, 2009. | |
| 2009-02-22 | plant_closure | completed | 113 | 2008-08-01 | 2009-05-31 | Poplar, Wisconsin | U.S. Retail | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Transfer of Old El Paso production and closure of facility. Charge consists entirely of employee severance. Project completed in Q3 FY2009. | |
| 2009-02-22 | plant_closure | completed | 111 | 2008-08-01 | 2009-05-31 | Allentown, Pennsylvania | Bakeries and Foodservice | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of frozen waffle product line and plant closure. Charge includes $3.9M severance, $6.2M impairment, and $0.7M closure expenses. | |
| 2009-02-22 | restructuring | completed | 125 | 2008-08-01 | 2009-05-31 | Chanhassen, Minnesota | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of production scheduling and discontinuation of cake product line. Charge for employee severance. Action completed in FY2009. | |
| 2009-02-22 | restructuring | completed | 38 | 2008-08-01 | 2008-05-31 | United States | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with previously announced restructuring actions. Consisted entirely of employee severance. Action completed in FY2008. | |
| 2009-02-22 | acquisition_addition | completed | 2008-08-01 | United States | U.S. Retail | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Humm Foods, Inc. (maker of Lärabar). Headcount not explicitly disclosed. | ||||
| 2008-11-23 | plant_closure | in_progress | 113 | 2007-11-25 | 2009-01-31 | Poplar, Wisconsin, United States | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan approved during six months ended 2007-11-25 to transfer Old El Paso production and close the Poplar facility; charge consisted entirely of employee severance. No new restructuring actions in current period. | |
| 2008-11-23 | plant_closure | in_progress | 111 | 2007-11-25 | 2009-02-28 | Allentown, Pennsylvania, United States | Bakeries and Foodservice | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of frozen waffle product line (retail and foodservice) due to declining financial results; charge included $3.9M severance and $6.2M non-cash impairment of long-lived assets. Announced during prior-year six-month period. | |
| 2008-11-23 | plant_closure | in_progress | 470 | 2007-11-25 | 2009-02-28 | Trenton, Ontario, Canada | Bakeries and Foodservice | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge covered employee severance and pension plan curtailment. Company expects limited use of the plant during fiscal 2009 while evaluating sublease or lease termination options. Announced during prior-year six-month period. | |
| 2008-11-23 | restructuring | in_progress | 125 | 2007-11-25 | 2009-02-28 | Chanhassen, Minnesota, United States | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructured production scheduling and discontinued cake product line; charge for employee severance. Announced during prior-year six-month period. | |
| 2008-11-23 | plant_closure | in_progress | 470 | 2008-05-26 | 2009-02-28 | Trenton, Ontario | Bakeries and Foodservice | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of frozen dough plant; charge includes employee severance and pension curtailment. | |
| 2008-11-23 | plant_closure | in_progress | 113 | 2008-05-26 | 2009-01-31 | Poplar, Wisconsin | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Transfer of Old El Paso production and closure of facility; charge consists entirely of employee severance. | |
| 2008-11-23 | plant_closure | completed | 111 | 2008-05-26 | 2009-02-28 | Allentown, Pennsylvania | Bakeries and Foodservice | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit from frozen waffle product line and plant closure; charge includes severance and asset impairment. | |
| 2008-11-23 | restructuring | completed | 125 | 2008-05-26 | 2009-02-28 | Chanhassen, Minnesota | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of production scheduling and discontinuation of cake product line. | |
| 2008-08-24 | plant_closure | in_progress | Trenton, Ontario, Canada | Frozen dough manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decommissioning charge recorded in Q1 FY2009; announced in fiscal 2008. Limited plant use planned during fiscal 2009 while sublease or lease termination options are evaluated. No employee count disclosed. | ||||
| 2008-08-24 | restructuring | in_progress | Chanhassen, Minnesota, United States | Production scheduling; cake products line discontinuation | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge related to a previously announced restructuring action; no employee count disclosed. Combined fiscal 2009 charges expected for these fiscal 2008 actions total $22 million. | ||||
| 2008-08-24 | acquisition_addition | completed | 2008-05-20 | 2008-06-11 | United States | U.S. Retail — Small Planet Foods / fruit and nut energy bars | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Humm Foods, Inc. (Lärabar); 0.9 million shares issued valued at $55.0 million. Headcount added not disclosed. | |||
| 2008-08-24 | divestiture_reduction | announced | 2008-09-15 | United States | Pop Secret microwave popcorn product line | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement reached in Q1 FY2009 to sell the Pop Secret line for $190.0 million cash, subject to inventory purchase price adjustment; transaction completed September 15, 2008 (subsequent to quarter end). Pre-tax gain of approximately $130 million expected in Q2 FY2009. Headcount removed not disclosed. | ||||
| 2008-08-24 | plant_closure | in_progress | Trenton, Ontario | Frozen dough | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recorded $2.0 million decommissioning costs related to closure of Trenton, Ontario frozen dough facility. Evaluating sublease or lease termination options. | ||||
| 2008-08-24 | restructuring | in_progress | Chanhassen, Minnesota | Production scheduling and cake products line | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Recorded $0.7 million charge related to restructuring action at Chanhassen, Minnesota facility. | ||||
| 2008-08-24 | acquisition_addition | completed | 2008-05-20 | 2008-06-11 | United States | U.S. Retail | USD 55 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Humm Foods, Inc. Issued 0.9 million shares valued at $55.0 million. Headcount not disclosed. | ||
| 2008-05-25 | plant_closure | in_progress | 113 | 2009-03-01 | United States (Poplar, Wisconsin) | U.S. Retail (Old El Paso production) | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge consists entirely of employee severance; Old El Paso production transferred to other plants. Completion date approximate — filer states actions expected complete by end of fiscal 2009 third quarter | ||
| 2008-05-25 | plant_closure | in_progress | 111 | 2009-03-01 | United States (Allentown, Pennsylvania) | Frozen waffle product line (retail and foodservice) | USD 9 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge comprises $3.5M severance and $5.9M non-cash long-lived asset impairment; driven by declining financial results in the frozen waffle line. Completion date approximate — end of fiscal 2009 third quarter | ||
| 2008-05-25 | plant_closure | in_progress | 470 | 2009-03-01 | Canada (Trenton, Ontario) | Bakeries and Foodservice (frozen dough) | USD 11 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge comprises $8.4M employee expenses and $2.5M shutdown/decommissioning; leased plant with lease expiring fiscal 2013. Completion date approximate — end of fiscal 2009 third quarter | ||
| 2008-05-25 | restructuring | in_progress | 125 | 2008-08-31 | United States (Chanhassen, Minnesota) | Bakeries and Foodservice (production scheduling restructuring and cake line discontinuation) | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Net charge of $1.6M reflects $3.0M severance partially offset by a $1.4M gain on sale of long-lived assets. Completion date approximate — end of fiscal 2009 first quarter | ||
| 2008-05-25 | restructuring | in_progress | 38 | 2009-03-01 | United States / Canada | Bakeries and Foodservice | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2008 charges on previously announced Bakeries and Foodservice restructuring actions, primarily employee severance; multi-year program, only current-year activity captured | ||
| 2008-05-25 | acquisition_addition | completed | 2008-05-20 | 2008-06-11 | United States | U.S. Retail (Lärabar fruit-and-nut energy bars) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Humm Foods, Inc. acquired for 892,535 shares of common stock; closed after fiscal year-end and before filing date. Headcount added not disclosed | |||
| 2008-05-25 | plant_closure | in_progress | 113 | 2008-05-25 | 2009-09-30 | Poplar, Wisconsin | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Poplar, Wisconsin plant to transfer Old El Paso production. Charge consists entirely of employee severance. | |
| 2008-05-25 | plant_closure | in_progress | 111 | 2008-05-25 | 2009-09-30 | Allentown, Pennsylvania | Bakeries and Foodservice | USD 9 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure and sale of frozen waffle plant. Charge includes $3.5M severance and $5.9M non-cash impairment. | |
| 2008-05-25 | plant_closure | in_progress | 470 | 2008-05-25 | 2009-09-30 | Trenton, Ontario | Bakeries and Foodservice | USD 11 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of leased frozen dough plant. Charge includes $8.4M employee expenses and $2.5M shutdown/decommissioning costs. | |
| 2008-05-25 | restructuring | in_progress | 125 | 2008-05-25 | 2009-03-31 | Chanhassen, Minnesota | Bakeries and Foodservice | USD 2 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of production scheduling and discontinuation of cake product line. Charge includes $3.0M severance offset by $1.4M gain on asset sale. | |
| 2008-05-25 | restructuring | in_progress | 38 | 2008-05-25 | United States | Bakeries and Foodservice | USD 4 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charges associated with previously announced Bakeries and Foodservice segment restructuring actions. | ||
| 2008-02-24 | plant_closure | in_progress | 113 | 2009-02-28 | Poplar, Wisconsin, United States | Bakeries and Foodservice (Old El Paso production) | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan approved during nine-month period to transfer Old El Paso production to other plants and close the Poplar facility; charge consists entirely of employee severance. | ||
| 2008-02-24 | plant_closure | in_progress | 111 | 2009-02-28 | Allentown, Pennsylvania, United States | Frozen waffle product line (retail and foodservice) | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of frozen waffle line due to declining results; charge includes $3.9M severance and $6.2M non-cash impairment of plant long-lived assets. | ||
| 2008-02-24 | plant_closure | in_progress | 470 | 2009-02-28 | Trenton, Ontario, Canada | Bakeries and Foodservice (frozen dough facility) | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge largely for employee severance and pension plan curtailment; a separate $17.4M accelerated depreciation charge on this plant's assets is recorded in cost of sales. | ||
| 2008-02-24 | restructuring | in_progress | 125 | 2008-05-25 | Chanhassen, Minnesota, United States | Bakeries and Foodservice (production scheduling and cake product line) | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructured production scheduling and discontinued cake product line; charge is entirely employee severance; expected completion by end of fiscal 2008. | ||
| 2008-02-24 | restructuring | in_progress | 38 | United States | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Additional charge recorded in Q3 fiscal 2008 related to previously announced Bakeries and Foodservice restructuring actions; entirely employee severance. | |||
| 2008-02-24 | plant_closure | in_progress | 113 | 2008-02-24 | 2009-02-28 | Poplar, Wisconsin | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Poplar facility to transfer Old El Paso production; charge consists entirely of employee severance. | |
| 2008-02-24 | plant_closure | in_progress | 111 | 2008-02-24 | 2009-02-28 | Allentown, Pennsylvania | Bakeries and Foodservice | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of frozen waffle product line and plant closure; charge includes $3.9M severance and $6.2M asset impairment. | |
| 2008-02-24 | plant_closure | in_progress | 470 | 2008-02-24 | 2009-02-28 | Trenton, Ontario | Bakeries and Foodservice | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of frozen dough facility; charge largely for severance and pension curtailment charges. | |
| 2008-02-24 | restructuring | in_progress | 125 | 2008-02-24 | 2008-05-25 | Chanhassen, Minnesota | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of production scheduling and discontinuation of cake product line; charge for employee severance. | |
| 2008-02-24 | restructuring | in_progress | 38 | 2008-02-24 | United States | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Additional charge related to previously announced Bakeries and Foodservice segment restructuring actions. | ||
| 2007-11-25 | plant_closure | in_progress | 113 | 2009-01-31 | United States — Poplar, Wisconsin | U.S. Retail — Old El Paso production | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved in Q2 FY2008; charge consists entirely of employee severance. Production transferred to other plants. | ||
| 2007-11-25 | plant_closure | in_progress | 111 | 2009-02-28 | United States — Allentown, Pennsylvania | Frozen waffle product line (retail and foodservice) | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge comprises $3.9M employee severance and $6.2M non-cash impairment of long-lived assets. Driven by declining financial results. | ||
| 2007-11-25 | plant_closure | in_progress | 470 | 2009-02-28 | Canada — Trenton, Ontario | Bakeries and Foodservice — frozen dough facility | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge covers employee severance and defined benefit pension plan curtailment. A separate $17.3M non-cash accelerated depreciation charge at this plant is recorded in cost of sales, not in this amount. | ||
| 2007-11-25 | restructuring | in_progress | 125 | 2008-05-31 | United States — Chanhassen, Minnesota | Bakeries and Foodservice — production scheduling change and cake product line discontinuation | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge is employee severance; expected completion by end of fiscal 2008 (fiscal year ends 2008-05-25). | ||
| 2007-11-25 | divestiture_reduction | completed | United States — Chelsea, Massachusetts and Tempe, Arizona | Par-baked bread product line | USD 6 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed during the six-month period; charge includes a $6.2M goodwill write-off. No employee count disclosed. | ||||
| 2007-11-25 | acquisition_addition | completed | Thailand | HD Distributors (Thailand) Company Limited | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Controlling interest acquired in Q1 FY2008, previously accounted for as a joint venture. No headcount disclosed. | |||||
| 2007-11-25 | plant_closure | in_progress | 113 | 2007-11-25 | 2009-01-31 | Poplar, Wisconsin | U.S. Retail | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Poplar facility to transfer Old El Paso production; charge consists entirely of employee severance. | |
| 2007-11-25 | plant_closure | in_progress | 111 | 2007-11-25 | 2009-02-28 | Allentown, Pennsylvania | Bakeries and Foodservice | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of frozen waffle product line; charge includes $3.9M severance and $6.2M impairment. | |
| 2007-11-25 | plant_closure | in_progress | 470 | 2007-11-25 | 2009-02-28 | Trenton, Ontario | Bakeries and Foodservice | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of frozen dough facility; charge includes severance and pension curtailment charges. | |
| 2007-11-25 | restructuring | in_progress | 125 | 2007-11-25 | 2008-05-25 | Chanhassen, Minnesota | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of production scheduling and discontinuation of cake product line. | |
| 2007-08-26 | plant_closure | in_progress | 111 | 2009-02-28 | Allentown, Pennsylvania, United States | Frozen waffle product line (retail and foodservice) | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge comprises $3.9M employee severance and $6.2M non-cash impairment of plant long-lived assets; driven by declining financial results. Announcement date not stated; action taken during Q1 fiscal 2008. | ||
| 2007-08-26 | plant_closure | in_progress | 470 | 2009-02-28 | Trenton, Ontario, Canada | Bakeries and Foodservice — frozen dough facility | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge covers employee severance and defined benefit pension plan curtailment charges; follows a viability analysis of the facility. Announcement date not stated. | ||
| 2007-08-26 | restructuring | in_progress | 125 | 2008-05-25 | Chanhassen, Minnesota, United States | Bakeries and Foodservice — production scheduling restructuring and cake product line discontinuation | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee severance expense; actions expected completed by end of fiscal 2008 (fiscal year ends 2008-05-25). Announcement date not stated. | ||
| 2007-08-26 | acquisition_addition | completed | Thailand | HD Distributors (Thailand) Company Limited | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Controlling interest acquired in Q1 fiscal 2008; previously accounted for as a joint venture. No headcount added disclosed. | |||||
| 2007-08-26 | plant_closure | in_progress | 111 | 2007-08-26 | 2009-02-28 | Allentown, Pennsylvania | Frozen waffle product line (retail and foodservice) | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $3.9M severance and $6.2M non-cash impairment. | |
| 2007-08-26 | plant_closure | in_progress | 470 | 2007-08-26 | 2009-02-28 | Trenton, Ontario | Bakeries and Foodservice frozen dough facility | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes employee severance and pension curtailment charges. | |
| 2007-08-26 | restructuring | in_progress | 125 | 2007-08-26 | 2008-05-25 | Chanhassen, Minnesota | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of production scheduling and discontinuation of cake product line. | |
| 2007-05-27 | divestiture_reduction | completed | United States | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | First quarter of fiscal 2007 sale of par-baked bread product line including plants in Chelsea, Massachusetts and Tempe, Arizona; $13 million proceeds and $6 million loss including $6 million goodwill write-off. No employee count disclosed. | ||||
| 2007-05-27 | plant_closure | completed | United States | Bakeries and Foodservice | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth quarter of fiscal 2007 sale of frozen pie product line including the Rochester, New York plant; $1 million proceeds and $4 million loss. No employee count disclosed. | ||||
| 2007-05-27 | restructuring | in_progress | United States | Bakeries and Foodservice | USD 37 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Late May 2007 noncash impairment of long-lived assets for certain underperforming product lines; company still evaluating viability and may incur additional charges. No employee count disclosed. | ||||
| 2007-05-27 | acquisition_addition | completed | United Kingdom | International | USD 24 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Third quarter of fiscal 2007 acquisition of Saxby Bros. Limited, a chilled pastry company; purchase price approximately $24 million, 2006 sales of $24 million. No headcount disclosed. | ||||
| 2007-05-27 | acquisition_addition | completed | Greece | International | USD 3 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2007 acquisition of the Häagen-Dazs master franchisee in Greece for $3 million. No headcount disclosed. | ||||
| 2007-05-27 | acquisition_addition | completed | 2006-07-14 | Australia | Joint Ventures (Cereal Partners Worldwide) | USD 385 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | CPW acquired the Uncle Tobys cereal business for approximately $385 million; General Mills funded its 50 percent share via $135 million of advances/equity and $58 million for a half interest in intellectual property. Consolidated headcount impact not disclosed. | |||
| 2007-05-27 | plant_closure | completed | Spain | International | USD -7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2007 gain of $7 million on sale of the previously closed San Adrian, Spain plant. No employee count disclosed. | ||||
| 2007-05-27 | plant_closure | completed | 101 | 2006-05-28 | 2007-05-27 | New Jersey, USA | Bakeries and Foodservice | USD 13 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Swedesboro plant. | |
| 2007-05-27 | plant_closure | completed | 77 | 2006-05-28 | 2007-05-27 | Quebec, Canada | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of production line at Montreal plant. | |
| 2007-05-27 | restructuring | completed | 72 | 2006-05-28 | 2007-05-27 | Pennsylvania, USA | Bakeries and Foodservice | USD 4 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring actions at Allentown plant. | |
| 2007-05-27 | plant_closure | completed | 175 | 2005-05-29 | 2007-05-27 | Massachusetts, USA | Bakeries and Foodservice | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Relocation of frozen baked goods line from Chelsea plant; completed in fiscal 2007. | ||
| 2007-02-25 | restructuring | in_progress | United States | Multiple segments | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q3 FY2007 charge for adjustments to previously announced restructuring actions; no employee counts or completion dates disclosed. | ||||
| 2007-02-25 | divestiture_reduction | completed | United States | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of par-baked bread product line including plants in Chelsea, Massachusetts and Tempe, Arizona; $6M loss, $12M net proceeds, $18M carrying value including goodwill. No headcount disclosed. | ||||
| 2007-02-25 | plant_closure | completed | Spain | International | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of previously closed plant in San Adrian, Spain resulted in an $8M gain during the first thirty-nine weeks of fiscal 2007. No headcount disclosed. | ||||
| 2007-02-25 | acquisition_addition | completed | United Kingdom | International | USD 24 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Saxby Bros. Limited, a chilled pastry company; $24M purchase price, $21M paid in Q3 FY2007. No headcount added disclosed. | ||||
| 2007-02-25 | acquisition_addition | completed | Australia | Joint Ventures (Cereal Partners Worldwide) | USD 193 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | CPW acquired the Uncle Tobys cereal business; General Mills funded its 50% share via $135M advances/equity contributions plus $58M for a 50% IP interest. No headcount added disclosed. | ||||
| 2007-02-25 | acquisition_addition | completed | Greece | International | USD 3 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition completed in Q3 FY2007 for $3M. No headcount added disclosed. | ||||
| 2007-02-25 | restructuring | completed | Swedesboro, New Jersey | Bakeries and Foodservice | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs associated with the closure of the frozen dough foodservice plant. | ||||
| 2007-02-25 | restructuring | completed | Allentown, Pennsylvania | Bakeries and Foodservice | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs at the frozen waffle plant, primarily related to product and production realignment. | ||||
| 2007-02-25 | restructuring | completed | Various | Various | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Adjustments to restructuring actions previously announced. | ||||
| 2007-02-25 | plant_closure | completed | San Adrian, Spain | International | USD -8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of previously closed plant resulted in a gain of $8 million. | ||||
| 2007-02-25 | divestiture_reduction | completed | Chelsea, Massachusetts and Tempe, Arizona | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Loss associated with the divestiture of the par-baked bread product line, including its plants. | ||||
| 2006-11-26 | plant_closure | completed | Spain | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of previously closed San Adrian plant resulted in a $9 million gain; no headcount disclosed. | |||||
| 2006-11-26 | divestiture_reduction | completed | United States | Bakeries and Foodservice — par-baked bread product line | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of par-baked bread line including plants in Chelsea, MA and Tempe, AZ; $6 million loss, $12 million net proceeds, $18 million carrying value of assets sold. No headcount disclosed. | ||||
| 2006-11-26 | acquisition_addition | completed | Australia | International — Cereal Partners Worldwide (CPW) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | CPW acquired the Uncle Tobys cereal business; General Mills funded its 50 percent share via $135 million advances/equity contributions plus $58 million for a 50 percent IP interest. No headcount added disclosed. | |||||
| 2006-11-26 | restructuring | completed | Spain | USD -9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of previously closed plant in San Adrian, Spain, resulting in a gain of $9 million. | |||||
| 2006-11-26 | divestiture_reduction | completed | United States | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Loss associated with divestiture of par-baked bread product line, including plants in Chelsea, Massachusetts and Tempe, Arizona. | ||||
| 2006-08-27 | plant_closure | in_progress | 2006-08-27 | United States | Bakeries and Foodservice | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company committed during the quarter to divest its par-baked bread line, including plants in Chelsea, Massachusetts and Tempe, Arizona; $6 million impairment on long-lived assets including goodwill, net book value of $19 million. No employee count disclosed. | |||
| 2006-08-27 | acquisition_addition | completed | 2006-08-27 | Australia | International | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cereal Partners Worldwide (50/50 JV with Nestlé) acquired the Uncle Tobys cereal business; General Mills funded its share via $135 million advances/equity contributions plus $58 million for a 50% beneficial interest in intellectual property. No headcount added disclosed. | ||||
| 2006-08-27 | restructuring | in_progress | United States | Bakeries and Foodservice | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Commitment to divest par-baked bread product line including plants in Chelsea, MA and Tempe, AZ. Includes $6M impairment loss on long-lived assets/goodwill and $1M charges for previously announced restructuring actions. | ||||
| 2006-08-27 | plant_closure | completed | Spain | International | USD -9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of previously closed plant in San Adrian, Spain resulting in a gain of $9 million. | ||||
| 2006-05-28 | plant_closure | in_progress | 101 | United States — Swedesboro, New Jersey | Frozen dough foodservice plant | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2006 charge of $13M for closure of the leased plant; program-level severance of $7M covers all 425 terminated employees across fiscal 2006 actions. Completion timing not disclosed. | |||
| 2006-05-28 | plant_closure | in_progress | 77 | Canada — Montreal, Quebec | Frozen dough foodservice plant | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Shutdown of a production line at the plant; charge includes severance. Completion timing not disclosed. | |||
| 2006-05-28 | restructuring | in_progress | 72 | United States — Allentown, Pennsylvania | Frozen waffle plant | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Realignment and modification of product and manufacturing capabilities. Completion timing not disclosed. | |||
| 2006-05-28 | restructuring | completed | 175 | United States — Chelsea, Massachusetts | Frozen baked goods line | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completion during fiscal 2006 of a fiscal 2005 initiative relocating the frozen baked goods line to another facility; charge recorded in fiscal 2006 primarily for fiscal 2005 initiatives. | |||
| 2006-05-28 | restructuring | completed | United States | Manufacturing | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Asset impairment charge at one plant within the fiscal 2006 restructuring program; no employee count disclosed for this component. | ||||
| 2006-05-28 | acquisition_addition | completed | France, Australia, Singapore and Malaysia | Häagen-Dazs retail (International segment) | USD 26 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Aggregate purchase price of $26M for fiscal 2006 acquisitions (Elysèes Consult S.A., Croissant King, Pinedale Holdings); headcount added not disclosed. | ||||
| 2006-05-28 | acquisition_addition | announced | 2006-07-14 | Australia | Cereal Partners Worldwide joint venture | USD 385 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-fiscal-year-end acquisition of the Uncle Tobys cereal business by CPW (50/50 JV with Nestlé); target had approximately $100M of revenues; headcount not disclosed. | |||
| 2006-05-28 | restructuring | completed | 425 | United States, Canada | Frozen Dough, Frozen Waffle, Frozen Baked Goods | USD 30 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Includes closure of Swedesboro, NJ plant (101 employees); Montreal, QC plant line shutdown (77 employees); Allentown, PA plant realignment (72 employees); and completion of Chelsea, MA relocation (175 employees). Total charge $30 million. | |||
| 2006-05-28 | plant_closure | in_progress | 101 | Swedesboro, New Jersey, United States | Frozen dough foodservice plant | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of leased frozen dough foodservice plant; part of fiscal 2006 approved plans totaling $30M. Site-level charge includes severance and other exit costs. Reserve balance of $15M remained at fiscal year-end. | |||
| 2006-05-28 | plant_closure | in_progress | 77 | Montreal, Quebec, Canada | Frozen dough foodservice production line | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Shutdown of a production line at the Montreal plant; part of fiscal 2006 approved plans totaling $30M. | |||
| 2006-05-28 | restructuring | in_progress | 72 | Allentown, Pennsylvania, United States | Frozen waffle plant | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Realignment and modification of product and manufacturing capabilities; part of fiscal 2006 approved plans totaling $30M. | |||
| 2006-05-28 | restructuring | completed | 175 | Chelsea, Massachusetts, United States | Frozen baked goods line relocation | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completion of a fiscal 2005 initiative to relocate the frozen baked goods line; charge recorded in fiscal 2006 under 'fiscal 2005 initiatives' line item. | |||
| 2006-05-28 | acquisition_addition | completed | 2005-10-31 | 2005-10-31 | Singapore and Malaysia | Häagen-Dazs cafes (International segment) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of controlling financial interest in Pinedale Holdings PTE. Limited; headcount not disclosed. Aggregate purchase price for all fiscal 2006 acquisitions was $26M. | |||
| 2006-05-28 | acquisition_addition | completed | 2005-11-21 | 2005-11-21 | Australia | Frozen pastry products (International segment) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Croissant King; headcount not disclosed. Part of $26M aggregate fiscal 2006 acquisition purchase price. | |||
| 2006-05-28 | acquisition_addition | completed | 2006-03-03 | 2006-03-03 | France | Häagen-Dazs shop franchise (International segment) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Elysèes Consult S.A.; headcount not disclosed. Part of $26M aggregate fiscal 2006 acquisition purchase price. | |||
| 2006-02-26 | plant_closure | in_progress | 101 | Swedesboro, New Jersey, United States | Frozen dough foodservice manufacturing | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure undertaken to increase asset utilization and reduce manufacturing costs. YTD charge of $12M includes $10M of asset impairment recorded in Q1 and Q2 FY2006; Q3-only charge was $2M of severance. Announcement date not disclosed; charges began in Q1 FY2006. | |||
| 2006-02-26 | restructuring | in_progress | 60 | Allentown, Pennsylvania, United States | Frozen waffle manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Product and production realignment to reduce manufacturing costs and eliminate a low-margin product line. YTD charge of $2M, of which $2M was recorded in Q3 FY2006. Announcement date not disclosed. | |||
| 2006-02-26 | restructuring | in_progress | United States | Supply chain / manufacturing | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges associated with restructuring actions previously announced; $2M YTD, of which $1M in Q3 FY2006. Employee count not disclosed for this component. | ||||
| 2006-02-26 | acquisition_addition | completed | Australia | Frozen pastry products | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Croissant King completed in Q3 FY2006. Headcount added not disclosed; aggregate purchase price of this and the Pinedale Holdings acquisition was approximately $10 million. | |||||
| 2006-02-26 | acquisition_addition | completed | Singapore and Malaysia | Häagen-Dazs Cafes (retail foodservice) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired a controlling interest in Pinedale Holdings, Limited in Q3 FY2006. Headcount added not disclosed; aggregate purchase price of this and the Croissant King acquisition was approximately $10 million. | |||||
| 2006-02-26 | restructuring | announced | 2006-02 | United Kingdom | Cereal Partners Worldwide (CPW) — ready-to-eat cereal manufacturing plants | USD 59 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring of CPW manufacturing plants announced February 2006; estimated $59 million pretax, primarily accelerated depreciation and severance. CPW is a joint venture with Nestlé, so impact flows through earnings from joint ventures rather than consolidated results; majority of reduction expected in fiscal 2007. Employee count not disclosed. | |||
| 2006-02-26 | plant_closure | in_progress | 101 | 2006-02-26 | Swedesboro, New Jersey | Bakeries and Foodservice | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of frozen dough foodservice plant. $2 million severance recorded in Q3. Total program cost $12 million YTD including $10 million asset impairment. | ||
| 2006-02-26 | restructuring | in_progress | 60 | 2006-02-26 | Allentown, Pennsylvania | Bakeries and Foodservice | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring at frozen waffle plant for product and production realignment. $2 million recorded in Q3. | ||
| 2006-02-26 | restructuring | announced | 2006-02-28 | United Kingdom | Joint Venture (Cereal Partners Worldwide) | USD 59 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | CPW announced restructuring of manufacturing plants. Estimated total cost $59 million pretax, primarily accelerated depreciation and severance. | |||
| 2005-11-27 | restructuring | in_progress | United States | Manufacturing / supply chain | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Twenty-six weeks ended Nov. 27, 2005 charges: $10M asset impairment at a production plant plus $1M for previously announced restructuring actions; Q2 alone was $2M. No employee counts, severance detail, or completion dates disclosed. | ||||
| 2005-11-27 | restructuring | completed | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2006 charge primarily associated with additional asset impairment at one production plant. | ||||||
| 2005-11-27 | restructuring | completed | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2006 charges consisting of $10M asset impairment at one production plant and $1M for previously announced restructuring actions. | ||||||
| 2005-08-28 | restructuring | in_progress | United States | Manufacturing / supply chain | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | First-quarter fiscal 2006 charges comprised $8 million asset impairment at a production plant plus $1 million for previously announced restructuring actions; no employee counts or completion dates disclosed. | ||||
| 2005-08-28 | restructuring | completed | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $8M asset impairment at production plant and $1M for previously announced actions. | ||||||
| 2005-05-29 | plant_closure | in_progress | 43 | Vallejo, California, United States | Supply chain / flour milling | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2005 supply chain initiative; part of $84M FY2005 restructuring charges, incl. $14M severance/curtailment for 551 employees total; site-level charge not allocated | ||||
| 2005-05-29 | plant_closure | in_progress | 42 | Medley, Florida, United States | Supply chain / par-baked bread | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2005 supply chain initiative; site-level charge not allocated within $84M FY2005 total | ||||
| 2005-05-29 | restructuring | in_progress | 110 | Swedesboro, New Jersey, United States | Supply chain / bread production | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Bread production relocation rather than full site closure; site-level charge not allocated | ||||
| 2005-05-29 | restructuring | in_progress | 45 | Cincinnati, Ohio, United States | Supply chain / Big G cereal production | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Partial cereal production relocation; shortened depreciable life adjustments for this plant recorded in cost of sales | ||||
| 2005-05-29 | plant_closure | in_progress | 83 | Iowa City, Iowa, United States | Supply chain / snacks foods plant | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Snacks plant closure; shortened depreciable life adjustments for this plant recorded in cost of sales | ||||
| 2005-05-29 | plant_closure | in_progress | 53 | Trenton, Ontario, Canada | Supply chain / dry mix production | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Dry mix production closure; site-level charge not allocated | ||||
| 2005-05-29 | restructuring | in_progress | 175 | Chelsea, Massachusetts, United States | Supply chain / frozen baked goods | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Frozen baked goods line relocated to another facility; disclosed as affecting 175 jobs | ||||
| 2005-05-29 | divestiture_reduction | completed | 2005-02-28 | 2005-02-28 | Europe | Snacks (Snack Ventures Europe joint venture with PepsiCo) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | 40.5% JV interest redeemed for $750M; associated headcount not disclosed | |||
| 2005-05-29 | divestiture_reduction | completed | 2005-04-04 | 2005-04-04 | United States | Lloyd's barbecue business (sold to Hormel Foods) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Part of $799M cash proceeds from fiscal 2005 dispositions; associated headcount not disclosed | |||
| 2005-05-29 | other | completed | United States | Unallocated corporate | USD 21 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs in fiscal 2005 explicitly not associated with restructuring and other exit activities; employee count not disclosed | ||||
| 2005-05-29 | restructuring | in_progress | United States | Bakeries and Foodservice | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2005 charge for severance resulting from fiscal 2004 decisions; employee count not disclosed | ||||
| 2005-05-29 | restructuring | completed | 551 | 2005-05-29 | 2005-05-29 | United States, Canada | Supply Chain, Manufacturing | USD 74 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 2005 supply chain initiatives including plant closures and production realignment. Charges included severance for 551 employees, asset write-offs, and other exit costs. | |
| 2005-05-29 | restructuring | completed | 2005-05-29 | 2005-05-29 | United States | Sales, Bakeries and Foodservice, Headquarters | USD 3 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance charges associated with Bakeries and Foodservice and headquarters actions. Employee count not explicitly disclosed for this specific sub-component in the footnote table, though total fiscal 2005 restructuring charges were $84 million. | ||
| 2005-02-27 | plant_closure | in_progress | 43 | Vallejo, California, United States | Flour milling | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of fiscal 2005 supply chain initiatives totaling 323 employees terminated, $13M severance/curtailment and $21M asset write-offs; charge not allocated by site. Additional ~$4M restructuring charges expected over next two quarters. | ||||
| 2005-02-27 | plant_closure | in_progress | 42 | Medley, Florida, United States | Par-baked bread | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of fiscal 2005 supply chain initiatives totaling 323 employees terminated, $13M severance/curtailment and $21M asset write-offs; charge not allocated by site. | ||||
| 2005-02-27 | restructuring | in_progress | 110 | Swedesboro, New Jersey, United States | Bread production (relocation) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Bread production relocation rather than full closure; part of the 323-employee fiscal 2005 supply chain program. | ||||
| 2005-02-27 | restructuring | in_progress | 45 | Cincinnati, Ohio, United States | Cereal production (partial relocation) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Partial relocation of cereal production; accelerated depreciation on shortened asset lives recorded in cost of sales ($16M YTD, $7M more expected). | ||||
| 2005-02-27 | plant_closure | in_progress | 83 | Iowa City, Iowa, United States | Snack foods | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of fiscal 2005 supply chain initiatives; accelerated depreciation expected through anticipated production end dates at Cincinnati and Iowa City plants. | ||||
| 2005-02-27 | restructuring | in_progress | United States | Corporate / multiple | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD charges tied to previously announced restructuring actions; employee count not disclosed. | ||||
| 2005-02-27 | restructuring | in_progress | 135 | United States | Administrative organizations | USD 6 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Termination benefits for 135 employees from administrative reorganizations aimed at productivity savings; included in SG&A. | |||
| 2005-02-27 | divestiture_reduction | announced | 2005-02-28 | 2005-02-28 | Europe | Snack Ventures Europe joint venture (40.5% interest) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Redemption for $750M ended the GM-PepsiCo European snack JV; headcount impact not disclosed. | |||
| 2005-02-27 | divestiture_reduction | announced | 2005-03-21 | 2005-04-04 | United States | Lloyd's Barbecue business | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Hormel Foods Corporation agreed after quarter end and closed April 4, 2005; headcount impact not disclosed. | |||
| 2005-02-27 | restructuring | in_progress | 323 | 2005-02-27 | United States | Supply Chain / Manufacturing | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2005 supply chain initiatives including plant closures in Vallejo, CA; Medley, FL; Iowa City, IA; and production realignment in Swedesboro, NJ and Cincinnati, OH. Total restructuring charge was $46M, of which $13M was severance/curtailment for 323 employees and $21M was asset write-offs. | ||
| 2005-02-27 | other | completed | 135 | 2005-02-27 | United States | Administrative | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Termination benefits for 135 employees related to changes in various administrative organizations to capture productivity savings. Expense recorded in SG&A. | ||
| 2004-11-28 | plant_closure | in_progress | 43 | 2005-05-29 | Vallejo, California, United States | Supply Chain / Manufacturing — flour milling | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of first-half fiscal 2005 supply chain initiatives totaling $38M in charges, including ~$13M severance for 323 employees and ~$21M asset write-offs; per-facility charges not disclosed. Additional ~$5M of program charges expected over remainder of fiscal 2005. | |||
| 2004-11-28 | plant_closure | in_progress | 42 | 2005-05-29 | Medley, Florida, United States | Supply Chain / Manufacturing — par-baked bread | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of first-half fiscal 2005 supply chain initiatives totaling $38M in charges, including ~$13M severance for 323 employees and ~$21M asset write-offs; per-facility charges not disclosed. | |||
| 2004-11-28 | restructuring | in_progress | 110 | 2005-05-29 | Swedesboro, New Jersey, United States | Supply Chain / Manufacturing — bread production relocation | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of first-half fiscal 2005 supply chain initiatives totaling $38M in charges, including ~$13M severance for 323 employees and ~$21M asset write-offs; per-facility charges not disclosed. | |||
| 2004-11-28 | restructuring | in_progress | 45 | 2005-05-29 | Cincinnati, Ohio, United States | Supply Chain / Manufacturing — cereal production realignment | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of first-half fiscal 2005 supply chain initiatives totaling $38M in charges. Accelerated depreciation on shortened asset lives recorded in cost of sales ($13M first half; $11M more expected over next three quarters). | |||
| 2004-11-28 | plant_closure | in_progress | 83 | 2005-05-29 | Iowa City, Iowa, United States | Supply Chain / Manufacturing — snacks | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of first-half fiscal 2005 supply chain initiatives totaling $38M in charges. Accelerated depreciation on shortened asset lives recorded in cost of sales ($13M first half; $11M more expected over next three quarters). | |||
| 2004-11-28 | restructuring | in_progress | 2005-05-29 | United States | Corporate / Supply Chain | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Of the $5M first-half charge, $3M was recorded in the second quarter. Employee count not disclosed for this program. | |||
| 2004-11-28 | restructuring | in_progress | 135 | United States | Administrative organizations | USD 6 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Disclosed within first-half SG&A discussion as part of productivity savings actions; separate from the supply chain restructuring program. | |||
| 2004-11-28 | restructuring | in_progress | 323 | 2004-11-28 | United States | Supply Chain / Manufacturing | USD 38 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | First-half supply chain initiatives including plant closures in Vallejo, CA; Medley, FL; Iowa City, IA; and production realignment in Swedesboro, NJ and Cincinnati, OH. Includes $13M severance/curtailment and $21M asset write-offs. | ||
| 2004-11-28 | restructuring | in_progress | 2004-11-28 | United States | Administrative | USD 6 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Termination benefits for 135 employees for changes in various administrative organizations to capture productivity savings. | |||
| 2004-11-28 | restructuring | in_progress | 2004-11-28 | United States | Other | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with previously announced restructuring actions. | |||
| 2004-08-29 | plant_closure | in_progress | 43 | Vallejo, California, United States | Flour milling (supply chain) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of $38M first-quarter supply chain initiative; program-wide severance and curtailment of about $13M covers 323 employees, with about $21M asset write-offs. Per-site charge not disclosed. | ||||
| 2004-08-29 | plant_closure | in_progress | 42 | Medley, Florida, United States | Par-baked bread (supply chain) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Part of $38M first-quarter supply chain initiative; per-site charge not disclosed. | ||||
| 2004-08-29 | restructuring | in_progress | 110 | Swedesboro, New Jersey, United States | Bread production relocation (supply chain) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Bread production relocated from the plant; part of $38M first-quarter supply chain initiative. | ||||
| 2004-08-29 | restructuring | in_progress | 45 | Cincinnati, Ohio, United States | Cereal production realignment (supply chain) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Partial cereal production relocation; shortened depreciable lives for assets recorded in cost of sales ($5M in Q1, about $19M expected remainder of fiscal 2005). | ||||
| 2004-08-29 | plant_closure | in_progress | 83 | Iowa City, Iowa, United States | Snacks foods plant (supply chain) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Snacks plant closure; shortened asset lives reflected in cost of sales alongside the Cincinnati action. | ||||
| 2004-08-29 | restructuring | in_progress | 135 | United States | Administrative organizations (corporate) | USD 5 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Termination benefits for administrative reorganizations intended to capture productivity savings; recorded in unallocated corporate expense. | |||
| 2004-08-29 | restructuring | in_progress | 323 | 2004-08-29 | United States | Supply Chain / Manufacturing | USD 40 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $38M for supply chain initiatives (plant closures in CA, FL, NJ, OH, IA) and $2M for previously announced actions. Charges include $13M severance/curtailment and $21M asset write-offs. | ||
| 2004-08-29 | restructuring | in_progress | 135 | 2004-08-29 | United States | Administrative / Corporate | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Termination benefits for changes in various administrative organizations to capture productivity savings. | ||
| 2004-05-30 | plant_closure | in_progress | 142 | Netherlands | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 charge related primarily to severance for 142 employees terminated due to a plant closure; charge may include non-severance items. | ||||
| 2004-05-30 | plant_closure | in_progress | 201 | Brazil | USD 2 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately $2 million total charge for a plant closure, of which about $1 million was severance for 201 employees. | ||||
| 2004-05-30 | plant_closure | in_progress | 47 | United States (Atwater, California) | USD 3 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of tomato canning facility; charge includes approximately $1 million of severance for 47 employees. | ||||
| 2004-05-30 | restructuring | in_progress | 132 | United States | Bakeries and Foodservice | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance charge for 132 employees, primarily related to realignment actions in the Bakeries and Foodservice organization. | |||
| 2004-05-30 | restructuring | in_progress | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 charge for adjustments to costs of previously announced manufacturing facility closures; no employee count disclosed. Fiscal 2004 total restructuring charge was $26 million with a $23 million reserve balance remaining at year-end. | ||||||
| 2004-05-30 | plant_closure | completed | 142 | Netherlands | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance charge for 142 employees terminated as result of plant closure. | ||||
| 2004-05-30 | plant_closure | completed | 201 | Brazil | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance charge for 201 employees related to plant closure. | ||||
| 2004-05-30 | plant_closure | completed | 47 | California, USA | USD 1 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance costs for 47 employees related to closure of tomato canning facility in Atwater. | ||||
| 2004-05-30 | restructuring | completed | 132 | Bakeries and Foodservice | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Severance charge for 132 employees related to realignment actions in Bakeries and Foodservice organization. | ||||
| 2004-02-22 | plant_closure | in_progress | Netherlands, Brazil, and Atwater, California (United States) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plant closures initiated in the second quarter of fiscal 2004; no employee counts or completion dates disclosed. Included within the $14 million pretax nine-month fiscal 2004 restructuring charge, which also covers Pillsbury facility adjustments. | ||||||
| 2004-02-22 | plant_closure | in_progress | United States | Former Pillsbury facilities | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Third-quarter fiscal 2004 charge of $5 million pretax covered adjustments to costs of previously announced Pillsbury facility closures plus the second-quarter closures; the filing does not split the charge or employee counts between the two components. | ||||
| 2004-02-22 | restructuring | in_progress | Netherlands, Brazil, Atwater, California | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2004 costs related to adjustments of previously announced closures and costs incurred related to plant closures initiated in Q2. | |||||
| 2004-02-22 | restructuring | in_progress | Netherlands, Brazil, Atwater, California | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2004 costs include Q3 charges and charges associated with plant closures initiated in Q2. | |||||
| 2003-11-23 | plant_closure | in_progress | 142 | Netherlands | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plant closure recorded in Q2 fiscal 2004; charge is pretax severance for terminated employees. Filer expects roughly $3 million of additional restructuring charges from these actions, most in the second half of fiscal 2004. | ||||
| 2003-11-23 | plant_closure | in_progress | 47 | United States (Atwater, California) | Tomato canning facility | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure of tomato canning facility recorded in Q2 fiscal 2004; total pretax charge about $3 million, of which under $1 million is severance for the 47 employees. | |||
| 2003-11-23 | plant_closure | in_progress | 142 | 2003-11-23 | 2004-05-30 | Netherlands | International | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance charge for 142 employees terminated due to plant closure. Additional future charges of approx $3M expected in second half of fiscal 2004. | |
| 2003-11-23 | plant_closure | in_progress | 47 | 2003-11-23 | 2004-05-30 | Atwater, California | U.S. Retail | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of tomato canning facility. Charge includes severance costs of less than $1 million for 47 employees. | |
| 2003-08-24 | plant_closure | completed | 264 | St. Charles, Illinois | USD 41 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of St. Charles, Illinois plant; costs include severance, pension curtailment, and asset write-downs. | ||||
| 2003-05-25 | plant_closure | in_progress | 264 | St. Charles, Illinois | Bakeries and Foodservice | USD 41 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2003 charge comprised severance for 264 employees plus a $31M production-asset write-down (carrying value $36M); $15M reserve remained at year-end. | |||
| 2003-05-25 | plant_closure | in_progress | 119 | Hillsdale, Michigan | Bakeries and Foodservice | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced in fiscal 2003 first quarter; dry mix capacity to be absorbed elsewhere and the flour mill business to be sold. Restructuring footnote recorded $13M of FY2003 expense for exiting production at former Pillsbury facilities being closed. | ||||
| 2003-05-25 | plant_closure | announced | 323 | 2003-09-30 | Eden Prairie, Minnesota | Bakeries and Foodservice | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced in fiscal 2003 second quarter, planned to close fall 2003 (frozen breakfast products). The four second-quarter plant closures together carried $44M of initial exit liabilities in the Pillsbury purchase price allocation plus $72M of fixed-asset fair value adjustments; charge not broken out by facility. | |||
| 2003-05-25 | plant_closure | announced | 421 | 2003-09-30 | St. Louis, Missouri | Bakeries and Foodservice | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced in fiscal 2003 second quarter, planned to close fall 2003 (frozen bakery goods). Part of a four-plant group carrying $44M of initial exit liabilities in the Pillsbury purchase price allocation. | |||
| 2003-05-25 | plant_closure | announced | 215 | 2003-06-30 | Lithonia, Georgia | U.S. Retail | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced in fiscal 2003 second quarter, planned to close summer 2003 (refrigerated dough products). Part of a four-plant group carrying $44M of initial exit liabilities in the Pillsbury purchase price allocation. | |||
| 2003-05-25 | plant_closure | completed | 243 | 2003-05-25 | Denison, Texas | U.S. Retail | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closed in spring 2003 (refrigerated dough products). Part of a four-plant group carrying $44M of initial exit liabilities in the Pillsbury purchase price allocation. | |||
| 2003-05-25 | restructuring | in_progress | United States | Bakeries and Foodservice | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2003 charge for flour mill, grain and other restructuring/closing activities; no employee count disclosed. Reserve fully utilized during the year. | ||||
| 2003-05-25 | plant_closure | completed | 264 | St. Charles, Illinois | Bakeries and Foodservice | USD 41 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of St. Charles plant. Charge includes severance and asset write-downs. | |||
| 2003-05-25 | plant_closure | completed | 119 | Hillsdale, Michigan | Bakeries and Foodservice | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Hillsdale plant producing dry mix products. Included in purchase price allocation. | ||||
| 2003-05-25 | plant_closure | completed | 323 | Eden Prairie, Minnesota | Bakeries and Foodservice | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Eden Prairie plant producing frozen breakfast products. Included in purchase price allocation. | ||||
| 2003-05-25 | plant_closure | completed | 421 | St. Louis, Missouri | Bakeries and Foodservice | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of St. Louis plant producing frozen bakery goods. Included in purchase price allocation. | ||||
| 2003-05-25 | plant_closure | completed | 215 | Lithonia, Georgia | U.S. Retail | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Lithonia plant producing refrigerated dough products. Included in purchase price allocation. | ||||
| 2003-05-25 | plant_closure | completed | 243 | Denison, Texas | U.S. Retail | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Denison plant producing refrigerated dough products. Included in purchase price allocation. | ||||
| 2003-05-25 | restructuring | completed | United States | Various | USD 13 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exiting production at former Pillsbury facilities being closed. Employee count not explicitly stated for this specific line item in Note 3, but plant closures detailed in Note 2. | ||||
| 2003-05-25 | restructuring | completed | United States | Various | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Flour mill, grain and other restructuring/closing charges. | ||||
| 2003-02-23 | plant_closure | in_progress | 119 | United States — Hillsdale, Michigan | Bakeries and Foodservice | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in fiscal 2003 first quarter; dry mix production to be absorbed by other facilities and the flour mill business to be sold. Exit costs for all listed plant closures total $44 million, disclosed only as a program-level amount within the Pillsbury purchase price allocation. | ||||
| 2003-02-23 | plant_closure | in_progress | 323 | United States — Eden Prairie, Minnesota | Bakeries and Foodservice | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in fiscal 2003 second quarter; produces frozen breakfast products; planned closure fall 2003. Exit costs for all listed plant closures total $44 million, disclosed only as a program-level amount. | ||||
| 2003-02-23 | plant_closure | in_progress | 421 | United States — St. Louis, Missouri | Bakeries and Foodservice | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in fiscal 2003 second quarter; produces frozen bakery goods; planned closure fall 2003. Exit costs for all listed plant closures total $44 million, disclosed only as a program-level amount. | ||||
| 2003-02-23 | plant_closure | in_progress | 215 | United States — Lithonia, Georgia | U.S. Retail | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in fiscal 2003 second quarter; produces refrigerated dough products; planned closure spring 2003. Exit costs for all listed plant closures total $44 million, disclosed only as a program-level amount. | ||||
| 2003-02-23 | plant_closure | in_progress | 243 | United States — Denison, Texas | U.S. Retail | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in fiscal 2003 second quarter; produces refrigerated dough products; planned closure spring 2003. Exit costs for all listed plant closures total $44 million, disclosed only as a program-level amount. | ||||
| 2003-02-23 | plant_closure | in_progress | United States — St. Charles, Illinois | USD 41 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended February 23, 2003 unusual items included $41 million pretax charges for the closure of the St. Charles, Illinois plant; number of employees affected not disclosed. | |||||
| 2003-02-23 | plant_closure | in_progress | 119 | 2002-11-25 | Hillsdale, Michigan | Bakeries and Foodservice | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Hillsdale plant producing dry mix products and flour. Announced in first quarter of fiscal 2003. | |||
| 2003-02-23 | plant_closure | in_progress | 323 | 2003-02-23 | 2003-09-30 | Eden Prairie, Minnesota | Bakeries and Foodservice | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Eden Prairie plant producing frozen breakfast products. Planned to close in fall 2003. | ||
| 2003-02-23 | plant_closure | in_progress | 421 | 2003-02-23 | 2003-09-30 | St. Louis, Missouri | Bakeries and Foodservice | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of St. Louis plant producing frozen bakery goods. Planned to close in fall 2003. | ||
| 2003-02-23 | plant_closure | in_progress | 215 | 2003-02-23 | 2003-03-31 | Lithonia, Georgia | U.S. Retail | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Lithonia plant producing refrigerated dough products. Planned to close in spring 2003. | ||
| 2003-02-23 | plant_closure | in_progress | 243 | 2003-02-23 | 2003-03-31 | Denison, Texas | U.S. Retail | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Denison plant producing refrigerated dough products. Planned to close in spring 2003. | ||
| 2003-02-23 | plant_closure | completed | St. Charles, Illinois | USD 41 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of St. Charles, Illinois plant. $41 million pretax charge recorded in first nine months of fiscal 2003. | |||||
| 2002-11-24 | plant_closure | announced | 119 | Hillsdale, Michigan, United States | Bakeries and Foodservice (dry mix products and foodservice flour) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced during fiscal 2003 first quarter; dry mix capacity to be absorbed by other facilities and the flour mill business to be sold. Exact announcement date not disclosed. | ||||
| 2002-11-24 | plant_closure | announced | 323 | 2003-09-30 | Eden Prairie, Minnesota, United States | Bakeries and Foodservice (frozen breakfast products) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced during fiscal 2003 second quarter; planned to close in fall of 2003 as part of Pillsbury manufacturing consolidation. Exact announcement date not disclosed; completion date approximated to end of fall 2003. | |||
| 2002-11-24 | plant_closure | announced | 421 | 2003-09-30 | St. Louis, Missouri, United States | Bakeries and Foodservice (frozen bakery goods) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced during fiscal 2003 second quarter; planned to close in fall of 2003 as part of Pillsbury manufacturing consolidation. Exact announcement date not disclosed; completion date approximated to end of fall 2003. | |||
| 2002-11-24 | plant_closure | announced | 215 | 2003-06-30 | Lithonia, Georgia, United States | U.S. Retail (refrigerated dough products) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced during fiscal 2003 second quarter; planned to close in spring of 2003 as part of Pillsbury manufacturing consolidation. Exact announcement date not disclosed; completion date approximated to end of spring 2003. | |||
| 2002-11-24 | plant_closure | announced | 243 | 2003-06-30 | Denison, Texas, United States | U.S. Retail (refrigerated dough products) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced during fiscal 2003 second quarter; planned to close in spring of 2003 as part of Pillsbury manufacturing consolidation. Exact announcement date not disclosed; completion date approximated to end of spring 2003. | |||
| 2002-11-24 | plant_closure | in_progress | St. Charles, Illinois, United States | Cereal production | USD 41 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closure charges of $41 million pretax recorded in the twenty-six weeks ended November 24, 2002 as unusual items; employee count and announcement date not disclosed. | ||||
| 2002-11-24 | plant_closure | announced | 119 | 2002-08-26 | Hillsdale, Michigan | Foodservice | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Hillsdale plant producing dry mix products and flour; production absorbed elsewhere, flour mill business to be sold. | |||
| 2002-11-24 | plant_closure | announced | 323 | 2002-11-24 | 2003-11-30 | Eden Prairie, Minnesota | Bakeries and Foodservice | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Planned closure in fall 2003; produces frozen breakfast products. | ||
| 2002-11-24 | plant_closure | announced | 421 | 2002-11-24 | 2003-11-30 | St. Louis, Missouri | Bakeries and Foodservice | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Planned closure in fall 2003; produces frozen bakery goods. | ||
| 2002-11-24 | plant_closure | announced | 215 | 2002-11-24 | 2003-06-30 | Lithonia, Georgia | U.S. Retail | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Planned closure in spring 2003; produces refrigerated dough products. | ||
| 2002-11-24 | plant_closure | announced | 243 | 2002-11-24 | 2003-06-30 | Denison, Texas | U.S. Retail | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Planned closure in spring 2003; produces refrigerated dough products. | ||
| 2002-11-24 | plant_closure | completed | St. Charles, Illinois | USD 41 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of St. Charles plant; $41 million pretax charge recorded in first half of fiscal 2003. | |||||
| 2002-08-25 | plant_closure | announced | 119 | 2002-08-25 | Hillsdale, Michigan, United States | Bakeries and Foodservice (dry mix products and flour) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced during Q1 FY2003; excess purchase price adjusted for closure. Dry mix capacity to be absorbed elsewhere; flour mill business to be sold. No separate charge disclosed for this closure. | |||
| 2002-08-25 | plant_closure | announced | 2002-08-25 | St. Charles, Illinois, United States | Manufacturing | USD 41 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax charge recorded in Q1 FY2003 for closure of the plant; employee count not disclosed. | |||
| 2002-08-25 | acquisition_addition | completed | 2001-10-31 | Worldwide | Pillsbury operations (U.S. Retail, Bakeries and Foodservice, International) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of worldwide Pillsbury operations from Diageo closed October 31, 2001; headcount added not disclosed. Included here as context for Q1 FY2003 results. | ||||
| 2002-08-25 | restructuring | announced | 2002-08-25 | United States | Pillsbury integration / manufacturing, warehouse and distribution | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company continues evaluating consolidation of manufacturing, warehouse and distribution; additional facility closures could result in further severance and exit liabilities. No counts or charges quantified. | ||||
| 2002-08-25 | plant_closure | completed | 119 | 2002-08-25 | Hillsdale, Michigan | Foodservice | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Hillsdale plant producing dry mix products and flour for foodservice business. Production capacity absorbed within other facilities; flour mill business to be sold. | |||
| 2002-08-25 | plant_closure | completed | 2002-08-25 | St. Charles, Illinois | Foodservice | USD 41 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of St. Charles plant to eliminate excess production capacity. $41 million pretax charge recorded. | |||
| 2002-05-26 | acquisition_addition | completed | 2001-10-31 | 2001-10-31 | United States, International | All segments | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pillsbury acquisition completed Oct 31, 2001; headcount added not separately disclosed. Total employees rose from 11,001 to 29,859. | |||
| 2002-05-26 | plant_closure | completed | 370 | 2002-02-01 | 2002-05-26 | United States | Pillsbury USA — frozen breakfast and Mexican food products | USD 22 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closed Geneva, IL (frozen breakfast) and Anthony, TX (Mexican food) plants in Feb 2002; $22M exit liabilities included in Pillsbury purchase price allocation | |
| 2002-05-26 | divestiture_reduction | completed | 2001-11-13 | 2001-11-13 | United States | Pillsbury dessert and specialty products; Toledo, OH production facility | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold to International Multifoods for $316M as regulatory clearance for Pillsbury acquisition; headcount affected not disclosed | |||
| 2002-05-26 | restructuring | in_progress | 2001-05-28 | United States | Cereal manufacturing reconfiguration, flour mills, Squeezit exit, Pillsbury integration | USD 190 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 total unusual items charge of $190M pretax ($120M after tax); includes $91M Pillsbury transaction/integration, $87M cereal reconfiguration, $30M Foundation contribution, $9M flour mill/Squeezit, $3M flood, offset by $30M insurance settlement. Severance component $26M. Employees affected not disclosed. | |||
| 2002-05-26 | plant_closure | completed | 370 | 2002-02 | United States | Bakeries and Foodservice | USD 22 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of Geneva, Ill., and Anthony, Texas, facilities. Exit liabilities included in purchase price allocation. | ||
| 2002-05-26 | restructuring | in_progress | 1,078 | United States | Multiple — management, supervisory, technical and production personnel | USD 134 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 pretax charge of $134M ($84M after tax) covering cereal plant shutdown/reconfiguration ($87M), severance for sales organization and headquarters realignment ($38M), and two flour mill restructuring/closing charges ($9M). Severance costs related to 1,078 employees. Company anticipates approximately $50M additional pretax costs under plans approved or expected to be approved within one year of the Pillsbury acquisition. | |||
| 2002-05-26 | plant_closure | completed | 2002-02-01 | United States — Geneva, Illinois | Pillsbury USA — frozen breakfast products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closed February 2002 to utilize combined operating capacity. Exit liabilities of $22M for both this closure and the Anthony, Texas closure were included in the Pillsbury purchase price allocation rather than expensed. | ||||
| 2002-05-26 | plant_closure | completed | 2002-02-01 | United States — Anthony, Texas | Pillsbury USA — Mexican food products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closed February 2002. Approximately 370 employees were affected by this and the Geneva, Illinois plant closures combined; exit liabilities of $22M included in purchase price allocation. | ||||
| 2002-05-26 | divestiture_reduction | completed | 2001-11-13 | United States — Toledo, Ohio | Pillsbury dessert and specialty products; General Mills cereal production | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Toledo plant sold to International Multifoods Corporation for $316M as required for regulatory clearance of the Pillsbury acquisition. Related cereal reconfiguration charges of $87M pretax (including $52M asset write-off) recorded in restructuring footnote. Headcount transferred or separated not separately quantified. | ||||
| 2002-05-26 | acquisition_addition | completed | 2001-10-31 | Worldwide | All segments — Pillsbury Company worldwide businesses | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pillsbury acquisition completed October 31, 2001; results included from November 1, 2001. Headcount added not quantified in filing. Implied by employee count rising from 11,001 (May 27, 2001) to 29,859 (May 26, 2002). | ||||
| 2002-05-26 | divestiture_reduction | completed | 2001-12-26 | United States | Ice Cream Partners USA LLC (Haagen-Dazs / Nestle ice cream joint venture) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Nestle USA exercised its right to buy General Mills' 50% stake for approximately $641M plus a paid-in-full Haagen-Dazs US license. Headcount removed not quantified. | ||||
| 2002-02-24 | plant_closure | announced | 370 | 2002-02 | United States (Geneva, Illinois and Anthony, Texas) | Pillsbury manufacturing operations | USD 22 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit liabilities of $21.6M included in Pillsbury purchase price allocation; closures to better utilize combined operating capacity. Approximately 370 employees affected across both facilities. | ||
| 2002-02-24 | acquisition_addition | completed | 2001-10-31 | 2001-10-31 | Global | Pillsbury worldwide operations | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of worldwide Pillsbury operations from Diageo plc closed October 31, 2001; no headcount added disclosed. | |||
| 2002-02-24 | divestiture_reduction | completed | 2001-11-13 | 2001-11-13 | United States | Pillsbury dessert and specialty products, flour, and related brands | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture to International Multifoods Corporation for $316 million to obtain regulatory clearance for Pillsbury acquisition; no headcount removed disclosed. | |||
| 2002-02-24 | divestiture_reduction | completed | 2001-12-26 | 2001-12-26 | United States | Ice Cream Partners USA LLC (Häagen-Dazs / Nestlé joint venture) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nestlé USA purchased General Mills' 50% stake in ICP for $641 million; no headcount removed disclosed. | |||
| 2002-02-24 | restructuring | announced | 2002-02 | United States | Manufacturing, warehouse and distribution | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company evaluating plans to consolidate manufacturing, warehouse and distribution into fewer locations; additional facility closures and exit liabilities possible but not yet quantified. | ||||
| 2002-02-24 | plant_closure | announced | 370 | 2002-02 | United States | Manufacturing | USD 22 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Geneva, Illinois and Anthony, Texas facilities. Exit liabilities included in purchase price allocation. | ||
| 2001-11-25 | acquisition_addition | completed | 2001-10-31 | 2001-10-31 | Global | Pillsbury worldwide operations | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired worldwide Pillsbury operations from Diageo plc; headcount added not disclosed. Pillsbury had sales of $6.1 billion in its fiscal year ended June 30, 2001. | |||
| 2001-11-25 | divestiture_reduction | completed | 2001-11-13 | 2001-11-13 | United States | Pillsbury dessert and specialty products; General Mills brands; Toledo production facility | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture to International Multifoods Corporation for $316 million to obtain regulatory clearance for the Pillsbury acquisition; headcount removed not disclosed. | |||
| 2001-11-25 | plant_closure | in_progress | United States | U.S. cereal production (Toledo, Ohio plant) | USD 87 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cereal reconfiguration charges of $86.8 million pretax in Q2 FY2002, driven by sale of Toledo plant to IMC; headcount affected not disclosed. | ||||
| 2001-11-25 | restructuring | in_progress | United States | Pillsbury integration | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pillsbury integration costs of $24.8 million pretax in Q2 FY2002, primarily severance; headcount affected not disclosed. | ||||
| 2001-11-25 | restructuring | in_progress | United States | Squeezit beverage business | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit from Squeezit beverage business; $4.5 million pretax charge recorded in six months ended November 25, 2001; headcount affected not disclosed. | ||||
| 2001-11-25 | divestiture_reduction | announced | 2001-12-26 | United States | Ice Cream Partners USA LLC (Haagen-Dazs / Nestle ice cream JV) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent event: Nestle USA exercised right to buy General Mills' 50% ICP stake for $641 million; headcount removed not disclosed. | ||||
| 2001-11-25 | restructuring | announced | United States | Pillsbury facilities — manufacturing, warehouse and distribution consolidation | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Evaluating plans to consolidate manufacturing, warehouse and distribution; closure of certain Pillsbury facilities could result in additional severance and exit liabilities; no counts or charges quantified. | |||||
| 2001-11-25 | restructuring | in_progress | United States | Cereal Production | USD 87 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Cereal reconfiguration charges associated with sale of Toledo plant. | ||||
| 2001-11-25 | restructuring | in_progress | Pillsbury Integration | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Pillsbury integration costs for the second quarter. | |||||
| 2001-11-25 | restructuring | in_progress | Squeezit Beverage | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges for exit from Squeezit beverage business (YTD). | |||||
| 2001-11-25 | acquisition_addition | completed | 2001-10-31 | Worldwide | Pillsbury Operations | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of worldwide Pillsbury operations from Diageo plc. | ||||
| 2001-11-25 | divestiture_reduction | completed | 2001-11-13 | United States | Dessert and Specialty Products | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Pillsbury dessert and specialty products businesses to International Multifoods Corporation. | ||||
| 2001-08-26 | restructuring | in_progress | United States | SQUEZIT beverage business | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax charge primarily severance for exit from the SQUEZIT beverage business; no employee count or timing disclosed. | ||||
| 2001-08-26 | acquisition_addition | announced | 2000-07 | Global | Pillsbury worldwide operations | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Stock-for-stock acquisition of Pillsbury from Diageo approved by both shareholder bases and the European Commission; FTC review continuing. No headcount added disclosed. Related $4.6M pretax acquisition costs recorded in unusual items. | ||||
| 2001-08-26 | divestiture_reduction | announced | 2001-02-05 | United States; Canada | Pillsbury dessert and specialty products; Robin Hood flour (US) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreed sale to International Multifoods for approximately $305 million to gain regulatory clearance; contingent on FTC approval and completion of the Diageo transaction. No headcount reduction disclosed. | ||||
| 2001-08-26 | restructuring | completed | SQUEEZIT beverage business | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit from SQUEEZIT beverage business; charge primarily severance. | |||||
| 2001-05-27 | restructuring | in_progress | United States | Snacks division (SQUEEZIT beverage business) | USD 12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth-quarter fiscal 2001 decision to exit the SQUEEZIT beverage business; charge primarily noncash asset write-downs, pretax. Remaining reserve of $3.8 million at year end; additional charges, primarily severance, expected in fiscal 2002. No employee count disclosed. SQUEEZIT represented about $50 million in prior-year sales. | ||||
| 2001-05-27 | other | in_progress | United States | Corporate (pending Pillsbury acquisition transaction costs) | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Noncapitalizable transaction costs expensed in fiscal 2001 for the pending Pillsbury acquisition; no workforce impact recorded because the acquisition had not closed as of the filing date. Additional expenses expected in fiscal 2002. | ||||
| 2001-05-27 | restructuring | completed | 150 | 1999-05-30 | 2000-05-28 | United States | Supply Chain | USD 41 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 1999 supply chain restructuring charges of $40.7 million pretax. Terminated approximately 150 employees (70 salaried and 80 wage). Activities substantially completed at end of fiscal 2000. | |
| 2001-05-27 | restructuring | in_progress | 2001-02-25 | United States | Snacks | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Decision to exit SQUEEZIT beverage business in Q4 2001. Charge of $11.7 million pretax primarily noncash write-downs. Additional charges, primarily severance, expected in fiscal 2002. | |||
| 2000-08-27 | acquisition_addition | announced | 2000-07-16 | 2000-12-31 | Worldwide | Pillsbury worldwide operations | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger agreement with Diageo plc to acquire Pillsbury in a stock-for-stock exchange; no employee headcount associated with the transaction is disclosed. Total estimated acquisition cost approximately $10.2 billion, subject to regulatory and shareholder approval. | |||
| 2000-05-28 | restructuring | completed | 2000-05-28 | United States; Canada | Manufacturing, distribution, sales, foodservice, milling | USD 34 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2000 activity was $34.2M utilization of prior-year restructuring reserves (no new charges). Activities from the FY1999 $51.6M and FY1998 $166.4M programs were substantially completed by fiscal year-end. Remaining reserve $7.2M per Note 4 ($10.4M per Schedule II). No employee counts disclosed. | |||
| 2000-05-28 | acquisition_addition | completed | 2000-01-13 | 2000-01-13 | United States | Organic foods (Cascadian Farm, Muir Glen) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Small Planet Foods. Aggregate purchase price for all FY2000 acquisitions was ~$227M. No headcount disclosed. | |||
| 2000-05-28 | acquisition_addition | completed | 1999-08-12 | 1999-08-12 | United States | Snacks (Gardetto's snack mixes) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Gardetto's Bakery, Inc. No headcount disclosed. | |||
| 2000-05-28 | acquisition_addition | completed | 1999-06-30 | 1999-06-30 | United States | Grain elevators / milling | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of certain grain elevators and related assets from Koch Agriculture Company. No headcount disclosed. | |||
| 2000-05-28 | acquisition_addition | announced | 2000-07-16 | 2000-12-31 | Worldwide | Pillsbury worldwide operations | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement with Diageo plc to acquire worldwide Pillsbury operations. Total consideration ~$10.5B (141M shares + $5.14B debt assumption). No headcount disclosed. Expected to close late calendar 2000. | |||
| 2000-05-28 | restructuring | completed | 1999-06-01 | 2000-05-28 | Global | Manufacturing, Distribution, Sales | USD 52 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 1999 restructuring charges of $51.6 million pretax related to streamlining manufacturing and distribution activities. Activities substantially completed at the end of fiscal 2000. | ||
| 2000-05-28 | restructuring | completed | 1998-06-01 | 1999-05-31 | United States, Canada | Cereal, Sales, Trade Promotion | USD 166 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Fiscal 1998 net charge of $166.4 million pretax related to shutting down cereal systems and closing plants. Activities substantially completed in fiscal 1999. | ||
| 2000-05-28 | restructuring | completed | 150 | 2000-05-28 | United States | Manufacturing and distribution (supply chain) | USD 41 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge of $40.7M pretax and termination of ~150 employees (70 salaried, 80 wage) were recorded in FY1999; program substantially completed at end of FY2000. FY2000 reserve utilization was $34.2M with $10.4M remaining at year-end. | ||
| 2000-05-28 | restructuring | completed | 235 | 1999-05-30 | United States; Canada (Ontario) | Cereal manufacturing; sales regions; trade and promotion | USD 156 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge of $156.2M pretax and termination of ~235 employees (50 salaried, 185 wage) recorded in FY1998; substantially completed in FY1999. Remaining reserve of $3.2M at May 28, 2000. Included closure of cereal plants in Chicago, IL and Etobicoke, Ontario, and shutdown of one cereal system at Lodi, CA. | ||
| 2000-05-28 | acquisition_addition | completed | 2000-01-13 | United States | Organic foods (Cascadian Farm, Muir Glen) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Small Planet Foods completed Jan 13, 2000; aggregate purchase price of ~$227M for all FY2000 acquisitions. No headcount disclosed for any acquisition. | ||||
| 2000-05-28 | acquisition_addition | completed | 1999-08-12 | United States | Snacks (baked snack mixes, flavored pretzels) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Gardetto's Bakery completed Aug 12, 1999; part of aggregate ~$227M FY2000 acquisition spend. No headcount disclosed. | ||||
| 2000-05-28 | acquisition_addition | announced | 2000-07-16 | Worldwide | Pillsbury worldwide operations | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement with Diageo plc to acquire worldwide Pillsbury operations announced July 16, 2000 (after FY end). Total consideration ~$10.5B including 141M GM shares and assumption of $5.14B Pillsbury debt. No headcount disclosed. Expected to close late calendar 2000. | ||||
| 2000-02-27 | acquisition_addition | completed | 1999-06-30 | United States | Milling (grain elevators) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of certain grain elevators and related assets from Koch Agriculture Company; purchase price not separately disclosed for this transaction; no headcount disclosed | ||||
| 2000-02-27 | acquisition_addition | completed | 1999-08-12 | United States | Snacks (baked snack mixes and flavored pretzels) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Gardetto's Bakery, Inc. of Milwaukee, Wisconsin; aggregate purchase price for all FY2000 acquisitions was approximately $227 million; no headcount disclosed | ||||
| 2000-02-27 | acquisition_addition | completed | 2000-01-13 | United States | Organic foods (Cascadian Farm and Muir Glen) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Small Planet Foods of Sedro-Woolley, Washington; aggregate purchase price for all FY2000 acquisitions was approximately $227 million; no headcount disclosed | ||||
| 2000-02-27 | restructuring | completed | 1999-05-01 | 1999-05-30 | Global | Supply chain, manufacturing, warehouse, distribution, sales | USD 52 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge recorded in prior year Q2; activities substantially completed by end of fiscal 1999. Included share of Snack Ventures Europe restructuring. | ||
| 1999-11-28 | acquisition_addition | completed | 1999-06-30 | United States | Milling (grain elevators) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Asset acquisition; no headcount added disclosed. Part of aggregate purchase price of approximately $163 million (with Gardetto's), subject to adjustments. | ||||
| 1999-11-28 | acquisition_addition | completed | 1999-08-12 | United States | Snacks (baked snack mixes and flavored pretzels) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase-method acquisition; no headcount added disclosed. Goodwill amortized straight-line over 40 years. Part of aggregate purchase price of approximately $163 million (with Koch grain elevators), subject to adjustments. | ||||
| 1999-11-28 | acquisition_addition | announced | 1999-12-15 | United States | Organic foods (Cascadian Farm, Muir Glen) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter announcement; no headcount disclosed. Target's organic brands have combined annual sales of approximately $60 million. | ||||
| 1999-11-28 | restructuring | completed | 1998-05 | 1999-05-30 | Global | Supply chain, manufacturing, warehouse, distribution, sales | USD 52 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge recorded in prior year Q2 for supply chain streamlining. Activities substantially completed by end of fiscal 1999. | ||
| 1999-08-29 | acquisition_addition | completed | 1999-06-30 | United States | Grain elevators and related assets | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired grain elevators and related assets from Koch Agriculture Company; aggregate purchase price for both quarter acquisitions was about $162 million. No headcount disclosed. | ||||
| 1999-08-29 | acquisition_addition | completed | 1999-08-12 | United States | Snacks (baked snack mixes and flavored pretzels) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Gardetto's Bakery, Inc. of Milwaukee, Wisconsin; goodwill amortized straight-line over 40 years. No headcount disclosed. | ||||
| 1999-05-30 | restructuring | in_progress | 2000-05-30 | United States | Manufacturing and distribution | USD 52 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pretax charge of $51.6M ($32.3M after tax) for streamlining manufacturing and distribution; includes SVE joint venture share. Activities expected substantially complete by end of fiscal 2000. Remaining reserve $30.5M at year-end. Employee count not disclosed. | |||
| 1999-05-30 | acquisition_addition | completed | 1999-01-15 | 1999-01-15 | United States | Refrigerated entrees | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Lloyd's Barbeque Company, St. Paul, Minnesota; purchase price included in aggregate ~$130M for both acquisitions. Headcount not disclosed. | |||
| 1999-05-30 | acquisition_addition | completed | 1999-02-10 | 1999-02-10 | United States | Rice and pasta side-dish mixes | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Farmhouse Foods Company, Union City, California; purchase price included in aggregate ~$130M for both acquisitions. Headcount not disclosed. | |||
| 1999-05-30 | restructuring | in_progress | 1999-02-28 | 2000-05-31 | Global | Supply Chain, Manufacturing, Distribution | USD 52 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Charge recorded in Q2 FY1999 primarily related to streamlining supply-chain activities, consolidating manufacturing and warehouse/distribution. Completion expected end of fiscal 2000. Employee count not disclosed. | ||
| 1999-02-28 | restructuring | in_progress | 1998-05-01 | 1999-05-30 | United States | Manufacturing and distribution | USD 52 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 FY1999 restructuring charge of $51.6M pretax ($32.3M after tax) for supply-chain streamlining announced May 1998; includes SVE joint venture restructuring share. No employee count disclosed. Slightly more than half non-cash asset write-downs; remainder primarily severance and asset redeployment. Expected annual after-tax savings of $16.8M beginning FY2000. | ||
| 1999-02-28 | acquisition_addition | completed | 1999-01-15 | 1999-01-15 | United States | Refrigerated convenience foods | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Lloyd's Barbeque Company of St. Paul, Minnesota; purchase method; part of ~$130M combined purchase price for two acquisitions. No headcount disclosed. | |||
| 1999-02-28 | acquisition_addition | completed | 1999-02-10 | 1999-02-10 | United States | Rice and pasta side-dish mixes | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Farmhouse Foods of Union City, California; purchase method; part of ~$130M combined purchase price for two acquisitions. No headcount disclosed. | |||
| 1999-02-28 | restructuring | in_progress | 1999-02-28 | 1999-05-30 | Global | Manufacturing and Distribution | USD 52 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to streamlining manufacturing and distribution activities, including supply chain consolidation and joint venture restructuring. Expected completion by end of fiscal 1999. | ||
| 1999-02-28 | acquisition_addition | completed | 1999-01-15 | United States | Convenience Foods | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Lloyd's Barbeque Company. Headcount not explicitly disclosed. | ||||
| 1999-02-28 | acquisition_addition | completed | 1999-02-10 | United States | Convenience Foods | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Farmhouse Foods. Headcount not explicitly disclosed. | ||||
| 1998-11-29 | restructuring | in_progress | 1999-05-30 | United States | Supply chain — manufacturing, warehouse, distribution and sales activities across packaged food, foodservice and milling operations | USD 52 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second-quarter fiscal 1999 charge of $51.6M pretax ($32.3M after tax, $.21/diluted share); slightly more than half is asset write-downs, remainder primarily severance and asset redeployment. Includes share of Snack Ventures Europe restructuring. No employee count disclosed. Expected annual after-tax savings of $16.8M beginning fiscal 2000. | |||
| 1998-11-29 | restructuring | in_progress | 1998-11-29 | 1999-05-30 | Global | Manufacturing, Distribution, Sales | USD 52 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to streamlining manufacturing and distribution activities, including supply chain consolidation and joint venture restructuring. Employee count not disclosed. | ||
| 1998-08-30 | restructuring | completed | Europe | Snack Ventures Europe (Joint Venture) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | SVE recorded restructuring charges for productivity initiatives primarily related to production consolidation. | |||||
| 1998-08-30 | restructuring | completed | United States | Sales and Trade Promotion | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with restructuring sales regions and trade and promotion organization. | |||||
| 1998-05-31 | plant_closure | completed | 1999-05-31 | United States; Canada | Big G cereals (North American cereal operations) | USD 166 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY1998 restructuring: shut down one cereal line at Lodi, CA; closed two smallest cereal plants in Chicago, IL and Etobicoke, Ontario. Pre-tax charge $166.4M ($100.2M after tax, $0.63/share). Includes ~$147M non-cash asset write-offs and ~$19M net cash outflows. Remaining reserve $30.5M at year-end; substantially complete in fiscal 1999. No employee headcount affected disclosed. | |||
| 1998-05-31 | restructuring | completed | 1999-05-31 | Europe | Snack Ventures Europe (SVE) — joint venture with PepsiCo | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | SVE recorded restructuring charges for productivity initiatives related to production consolidation. Included within the consolidated $166.4M pre-tax unusual items charge. No separate employee count or charge amount disclosed for SVE. | ||||
| 1998-05-31 | restructuring | completed | 1999-05-31 | United States | Sales regions and trade/promotion organization | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charges associated with restructuring sales regions and trade/promotion organization. Included within the consolidated $166.4M pre-tax unusual items charge. No separate employee count disclosed. | ||||
| 1998-05-31 | restructuring | completed | 1998-05-31 | 1999-05-31 | North America | Cereal Operations | USD 166 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Net charge of $166.4 million pre-tax related to shutting down one cereal system at Lodi, CA and closing plants in Chicago, IL and Etobicoke, Ontario. Activities substantially completed in fiscal 1999. | ||
| 1998-02-22 | restructuring | in_progress | 1998-05-31 | United States; Canada | North American cereal operations | USD 167 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 FY1998 pretax charge of $166.8M ($100.1M after tax, $.63/share); about $137M non-cash asset write-offs and about $30M cash for asset disposal and severance. Included shutting down one cereal system at Lodi, California and closing the two smallest plants, in South Chicago, Illinois and Etobicoke, Ontario. Annualized after-tax savings estimated at $22M. No employee counts disclosed; no specific announcement date given (occurred in second quarter of fiscal 1998). | |||
| 1998-02-22 | restructuring | completed | United States | Sales regions; trade and promotion organization | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY1998 charges for restructuring the sales regions and trade/promotion organization; no separate charge amount or headcount disclosed. Reported within a group of Q1 unusual items netting to a $.1M after-tax charge, alongside an insurance settlement gain and Snack Ventures Europe restructuring. | |||||
| 1998-02-22 | restructuring | in_progress | Europe | Snack Ventures Europe (joint venture with PepsiCo) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY1998 restructuring charges at the SVE joint venture for productivity initiatives, primarily production consolidation. Charge amount and headcount impacts not disclosed; JV results are reported below the earnings line. | |||||
| 1998-02-22 | restructuring | in_progress | 1998-02-22 | 1998-05-31 | North America | Cereal Operations | USD 167 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to improving cost structure of North American cereal operations, including shutdown of Lodi, CA system and closure of South Chicago, IL and Etobicoke, ON plants. Expected completion by end of fiscal 1998. | ||
| 1998-02-22 | restructuring | completed | 1997-11-23 | Europe | Snack Ventures Europe | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring charges for productivity initiatives primarily related to production consolidation. | ||||
| 1998-02-22 | restructuring | completed | 1997-11-23 | United States | Sales and Trade Promotion | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with restructuring sales regions and trade and promotion organization. | ||||
| 1997-11-23 | restructuring | in_progress | 1998-05-31 | United States; Canada | North American cereal operations (Big G) | USD 167 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second-quarter charge of $166.8M pretax ($100.1M after tax, $.63/share): shut down one cereal system at Lodi, California and closed the two smallest plants, in South Chicago, Illinois and Etobicoke, Ontario. About $137M non-cash (asset write-offs) and about $30M cash (asset disposal and severance), most cash payable by fiscal year end. No employee count disclosed. Annualized after-tax savings estimated at $22M (14 cents/share). A further smaller restructuring charge expected in Q3. | |||
| 1997-11-23 | restructuring | in_progress | United States | Sales regions and trade and promotion organization | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | First-quarter fiscal 1998 charges associated with restructuring the sales regions and trade/promotion organization; no separate charge amount or employee count disclosed. | |||||
| 1997-11-23 | restructuring | in_progress | Europe | Snack Ventures Europe (joint venture with PepsiCo) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | SVE recorded restructuring charges for productivity initiatives, primarily production consolidation; no employee count or charge amount disclosed. | |||||
| 1997-11-23 | restructuring | in_progress | 1997-11-23 | 1998-05-31 | North America | Cereal operations | USD 167 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to improving cost structure of North American cereal operations, including shutdown of Lodi, CA cereal system and closure of plants in South Chicago, IL and Etobicoke, Ontario. Employee count not disclosed. | ||
| 1997-11-23 | restructuring | completed | 1997-08-25 | 1997-08-25 | Europe | Snack Ventures Europe (Joint Venture) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Snack Ventures Europe recorded restructuring charges for productivity initiatives primarily related to production consolidation. Specific charge amount and employee count not disclosed. | |||
| 1997-11-23 | restructuring | completed | 1997-08-25 | 1997-08-25 | United States | Sales and Trade Promotion | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges associated with restructuring sales regions and trade and promotion organization. Specific charge amount and employee count not disclosed. | |||
| 1997-08-24 | plant_closure | announced | 1997-09-29 | United States (Lodi, CA; South Chicago, IL) and Canada (Etobicoke, Ontario) | North American cereal operations | USD 118 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter announcement to reduce excess capacity: one cereal system shut at Lodi and two smallest plants closed. Charge of $115-120M after-tax (73-76 cents per share), mostly in Q2 FY1998; primarily asset write-down. Annual after-tax savings of $22M expected to begin in fiscal 1999. Charge value shown is midpoint of disclosed range; no employee count disclosed. | |||
| 1997-08-24 | restructuring | in_progress | United States | Sales regions and trade and promotion organization | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charges recorded in Q1 FY1998 for restructuring sales regions and the trade/promotion organization; part of net after-tax unusual charge of $0.1M for the quarter. No employee count or completion date disclosed. | |||||
| 1997-08-24 | restructuring | in_progress | Europe | Snack Ventures Europe joint venture (production consolidation) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring charges for productivity initiatives, primarily production consolidation, recorded by Snack Ventures Europe, the company's PepsiCo joint venture. No employee count disclosed. | |||||
| 1997-08-24 | restructuring | announced | 1997-09-29 | North America | Cereal operations | USD 118 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced actions to reduce excess capacity, including shutting down one cereal system in Lodi, CA and closing plants in South Chicago, IL and Etobicoke, Ontario. Charge expected to be $115-$120 million after-tax. | |||
| 1997-05-25 | acquisition_addition | completed | 240 | 1997-01-31 | 1997-01-31 | United States | Cereals | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ralcorp branded cereal and snack mix acquisition included a Cincinnati, Ohio manufacturing facility employing 240 people; total purchase price $570 million | ||
| 1997-05-25 | acquisition_addition | completed | 240 | 1997-01-31 | 1997-01-31 | Cincinnati, Ohio | Branded ready-to-eat cereal and snack mix businesses | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Ralcorp Holdings, Inc. businesses included a manufacturing facility employing 240 people. | ||
| 1997-05-25 | restructuring | completed | 1995-05-28 | 1996-12-31 | United States | Consumer foods | USD 183 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 1995 restructuring charges of $183.2 million pre-tax related to shutting down production systems and sales realignment. Activities substantially completed in 1996. | ||
| 1997-02-23 | acquisition_addition | completed | 240 | 1997-01-31 | United States (Cincinnati, Ohio) | Branded ready-to-eat cereal and snack mix manufacturing | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Ralcorp Holdings branded cereal and snack businesses; 240 employees at acquired Cincinnati facility. Purchase price $570M including ~$355M in stock and ~$215M assumed debt. | |||
| 1997-02-23 | acquisition_addition | completed | 240 | 1997-01-31 | Cincinnati, Ohio | Branded ready-to-eat cereal and snack mix businesses | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Ralcorp Holdings, Inc. businesses includes a Cincinnati manufacturing facility employing 240 people. | |||
| 1996-11-24 | acquisition_addition | announced | 240 | 1996-08-13 | 1997-01-31 | United States (Cincinnati, Ohio) | Branded ready-to-eat cereal and snack mix manufacturing | USD 570 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 240 is the stated employment of the acquired Cincinnati plant, not a confirmed net headcount addition; deal price covers Ralcorp's branded cereal and snack mix businesses, pending Ralcorp shareholder approval. | |
| 1996-11-24 | acquisition_addition | announced | 240 | 1996-08-13 | 1997-01-31 | Cincinnati, Ohio | Branded ready-to-eat cereal and snack mix businesses | USD 570 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Agreement to purchase Ralcorp businesses including facility employing 240 people. | |
| 1996-08-25 | acquisition_addition | announced | 240 | 1996-08-13 | United States (Cincinnati, Ohio) | Branded ready-to-eat cereal and snack mix businesses (Chex, Cookie Crisp) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to purchase Ralcorp businesses for $570 million in stock and assumed debt; 240 refers to employees of the Cincinnati manufacturing facility included in the transaction. Closing subject to Ralcorp shareholder and federal regulatory approval; no completion date stated. | |||
| 1996-08-25 | acquisition_addition | announced | 240 | 1996-08-13 | Cincinnati, Ohio | Manufacturing | USD 570 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Agreement to purchase Ralcorp cereal and snack mix businesses; transaction includes manufacturing facility employing 240 people. | ||
| 1996-05-26 | restructuring | completed | 1994-05-30 | 1996-05-26 | United States | Consumer Foods — manufacturing and sales organization | USD 183 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Charge of $183.2M pretax ($111.6M after tax) recorded in FY1995 for shutting down four manufacturing locations and realigning the sales organization; substantially completed during FY1996 with $27.3M remaining reserve. No employee count disclosed. | ||
| 1996-05-26 | acquisition_addition | announced | 240 | 1996-08-13 | United States — Cincinnati, Ohio | Ready-to-eat cereal and snack mix (CHEX, COOKIE CRISP brands) | USD 570 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to purchase Ralcorp branded cereal and snack mix businesses for $570M in stock and debt assumption; includes Cincinnati facility with 240 employees. Subsequent event after FY1996 year-end; pending Ralcorp shareholder and regulatory approval. | ||
| 1996-05-26 | restructuring | completed | 1995-05-28 | 1996-05-26 | United States | Consumer Foods | USD 183 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Pretax charge of $183.2 million recorded in fiscal 1995 for shutting down/scaling back production systems at four food manufacturing locations and realigning sales organization. Activities substantially completed in fiscal 1996. | ||
| 1996-05-26 | acquisition_addition | announced | 240 | 1996-08-13 | Cincinnati, Ohio | Cereals and Snacks | USD 570 (millions) | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Agreement to purchase Ralcorp Holdings cereal and snack mix businesses. Transaction includes a manufacturing facility employing 240 people. Expected to close following regulatory approval. | ||
| 1996-02-25 | restructuring | in_progress | 1996-05-26 | Food manufacturing | USD 140 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program covers shutting down and scaling back production at four food manufacturing locations; charges include asset write-offs, asset disposal costs and severance. No employee count disclosed. Note also reports $43.6 million pretax of additional charges recorded in the fourth quarter of fiscal 1995. Program expected substantially complete by end of fiscal 1996. | ||||
| 1996-02-25 | restructuring | in_progress | 1995-11-01 | 1996-05-26 | United States | Food Manufacturing | USD 140 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charges related to shutting down and scaling back production systems at four food manufacturing locations. Includes asset write-offs, disposal costs, and severance. Expected substantially completed by end of fiscal 1996. | ||
| 1995-08-27 | divestiture_reduction | completed | 1995-05-28 | 1995-05-28 | United States | Restaurant operations (Darden Restaurants, Inc.) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off of Darden Restaurants common stock to shareholders; reduced Stockholders' Equity by $1,218.7 million. No employee count disclosed. Event occurred on the final day of the prior fiscal year. | |||
| 1995-08-27 | divestiture_reduction | completed | 1995-05-18 | 1995-05-18 | United States | Gorton's frozen and canned seafood products business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of Gorton's to Unilever United States, Inc.; no employee count disclosed. Event occurred before the start of the reporting quarter. |