General Mills (GIS)

Company ID: 219 | CIK: 0000040704
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

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Business Unit / Product Segments

Major Customers (% of Revenue)

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Operational KPIs

Common stock record holders (customers)

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Research staff (headcount)

Grain inventory (inventory_units)

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8th Continent Market Share (other)

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8th Continent net sales growth (other)

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Accounts payable via supplier financing (other)

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Accounts payable via third-party services (other)

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Acquisition purchase price (other)

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Adjusted debt plus minorities (other)

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Adjusted debt plus minority interests (other)

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Adjusted diluted EPS (other)

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Adjusted diluted EPS growth (other)

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Adjusted operating margin (other)

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Adjusted operating profit (other)

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Adjusted operating profit margin (other)

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Advertising expenditures (other)

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Advertising expense (other)

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Advertising expense growth (other)

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Advertising media expenditures (other)

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Agricultural commodity derivative notional (other)

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Annualized cost savings (other)

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Asia & Latin America net sales growth (other)

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Assets held for sale (other)

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Available credit facilities (other)

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Average basic shares outstanding (other)

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Average common shares outstanding (other)

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Average diluted shares (other)

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Average diluted shares outstanding (other)

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Average share repurchase price (other)

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Average shares outstanding (other)

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Bakeries and Foodservice net sales growth (other)

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Bakeries and Foodservice unit volume growth (other)

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Bakeries sales growth (other)

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Basic shares outstanding (other)

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Betty Crocker desserts volume growth (other)

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Betty Crocker dinner and side dish volume growth (other)

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Betty Crocker volume growth (other)

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Big G cereal category dollar sales share (other)

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Big G cereal category pound volume share (other)

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Big G cereal category share (other)

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Big G cereal dollar market share (other)

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Big G cereal market share (other)

Big G cereal pound market share (other)

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Big G cereal shipments decline (other)

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Big G cereal shipments growth (other)

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Big G cereal unit volume growth (other)

Big G cereal volume growth (other)

Big G cereals volume growth (other)

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Big G dollar market share (other)

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Big G market share (other)

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Big G pound market share (other)

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Big G volume growth (other)

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Brands (other)

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Brands marketed (other)

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CPW net sales growth (other)

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CPW unit volume growth (other)

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CPW volume growth (other)

CPW worldwide cereal market share (other)

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Canada cereal dollar market share (other)

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Canada cereal market share (other)

Canada cereal pound market share (other)

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Canada cereal pound share (other)

Canada cereal volume growth (other)

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Canadian food operations volume growth (other)

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Canadian volume growth (other)

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Capital expenditure estimate (other)

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Capital expenditures (other)

Capital expenditures guidance (other)

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Capital investment (other)

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Cash flow to debt (other)

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Cash from operating activities (other)

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Cash held in foreign jurisdictions (other)

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Cash in foreign jurisdictions (other)

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Category volume growth (other)

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Cereal Partners Worldwide annual sales (other)

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Cereal Partners Worldwide market share (other)

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Cereal Partners Worldwide volume growth (other)

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Cereal category volume change (other)

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Cereal category volume growth (other)

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Cereal dollar share (other)

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Cereal market share (other)

Cereal pound share (other)

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Cereal volume growth (other)

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Channel net sales growth (other)

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Committed credit facilities (other)

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Committed credit lines (other)

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Commodity derivative notional (other)

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Commodity derivative notional value (other)

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Commodity derivatives notional (other)

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Commodity value at risk (other)

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Commodity value-at-risk (other)

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Common Shares Outstanding (other)

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Common Stock Outstanding (other)

Common shares outstanding (other)

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Common shares repurchased (other)

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Common stock outstanding (other)

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Common stock record holders (other)

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Comparable unit volume growth (other)

Comparable volume growth (other)

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Composite Retail Sales Growth (other)

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Composite retail sales growth (other)

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Constant currency net sales growth (other)

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Constant-currency net sales growth (other)

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Constant-currency sales growth (other)

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Consumer Retail Purchases Growth (other)

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Convenience Stores & Foodservice net sales growth (other)

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Convenience foods unit volume growth (other)

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Convenience foods volume growth (other)

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Cost of goods sold ratio (other)

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Countries marketed (other)

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Countries marketed in (other)

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Countries of manufacture (other)

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Countries served (other)

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Countries with distribution (other)

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Countries with manufacturing (other)

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Countries with marketing (other)

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Countries with sales and marketing organizations (other)

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Credit facilities available (other)

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Credit facility capacity (other)

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Customer Returns Rate (other)

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Diluted EPS excluding certain items (other)

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Diluted EPS excluding items (other)

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Distribution countries (other)

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Dividends per share (other)

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Division net sales growth (other)

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Domestic noncereal volume growth (other)

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Domestic retail unit volume growth (other)

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Domestic unit volume growth (other)

ESOP shares held (other)

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Effective tax rate (other)

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Effective tax rate excluding items (other)

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Effective tax rate excluding unusual items (other)

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Energy commodity derivative notional (other)

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Environmental notice sites (other)

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Equity swap notional (other)

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Equity value-at-risk (other)

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Euro bond hedge notional (other)

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Europe & Australia net sales growth (other)

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Expected annual savings (other)

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First-half organic sales growth (other)

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First-half sales growth (other)

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Fixed charge coverage (other)

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Foodservice net sales growth (other)

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Foodservice sales growth (other)

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Foodservice unit volume growth (other)

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Foodservice volume growth (other)

Foreign cash holdings (other)

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Foreign currency contribution (other)

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Foreign currency exchange contribution (other)

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Foreign currency exchange impact (other)

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Foreign exchange derivative notional (other)

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Foreign exchange derivatives notional (other)

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Foreign exchange effect (other)

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Foreign exchange impact (other)

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Foreign exchange notional (other)

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Foreign exchange value-at-risk (other)

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Green Giant sale price (other)

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Gross capital expenditures (other)

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Gross margin (other)

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HELPER retail takeaway growth (other)

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HMM cost savings (other)

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Helper dinner mix volume growth (other)

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Honey Nut Chex distribution (other)

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Häagen-Dazs JV net sales growth (other)

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Häagen-Dazs joint venture net sales growth (other)

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Input cost inflation (other)

Interest expense guidance (other)

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Interest rate notional (other)

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Interest rate swap notional (other)

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Interest rate swap notional amount (other)

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Interest rate value at risk (other)

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Interest rate value-at-risk (other)

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International Dessert Partners volume growth (other)

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International Net Sales Growth (other)

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International net sales growth (other)

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International operations unit volume growth (other)

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International operations volume growth (other)

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International sales growth (other)

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International sales offices (other)

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International unit volume growth (other)

International volume growth (other)

Joint Venture Net Sales Growth (other)

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Joint Venture Unit Volume Growth (other)

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Joint venture earnings after tax (other)

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Joint venture earnings growth (other)

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Joint venture net sales growth (other)

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Joint venture proportionate share of sales (other)

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Joint venture sales (other)

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Joint venture sales growth (other)

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Long-term debt maturing within 12 months (other)

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Manufacturing countries (other)

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Manufacturing facility (other)

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Market share (other)

Market share change (other)

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Merger-related costs (other)

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Net Sales Growth (other)

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Net mark-to-market commodity positions (other)

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Net price and mix contribution (other)

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Net price realization and mix (other)

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Net sales growth (other)

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Net sales growth by division (other)

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Net sales growth by region (other)

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Net sales growth components (other)

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Net sales growth contribution (other)

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New food items introduced (other)

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Non-cereal unit volume growth (other)

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Non-vested equity-classified units (other)

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Non-vested restricted stock units (other)

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North America Retail net sales growth (other)

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One-day value at risk (other)

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Operating lease cost (other)

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Operating profit margin (other)

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Organic net sales growth (other)

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Organic price and mix (other)

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Organic volume growth (other)

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Other retail food businesses volume growth (other)

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Pay-fixed forward starting swap notional (other)

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Pay-floating swap notional (other)

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Positions affected (other)

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Price and mix contribution (other)

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Price and mix effect (other)

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Price and product mix growth (other)

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Priority businesses with share gains (other)

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Product recall charge (other)

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Put options outstanding (other)

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R&D expenditures (other)

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Racially or ethnically diverse leadership (other)

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Ratio of earnings to fixed charges (other)

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Ready-to-eat cereal category volume growth (other)

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Record holders of common stock (other)

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Regional net sales growth (other)

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Remaining repurchase authorization (other)

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Remaining share repurchase authorization (other)

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Repurchase authorization remaining (other)

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Research and development expenditures (other)

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Research and development expense (other)

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Restricted shares and units outstanding (other)

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Restricted stock units (other)

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Restricted stock units outstanding (other)

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Restructuring cash paid (other)

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Restructuring charges (other)

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Restructuring positions affected (other)

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Restructuring reserve (other)

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Restructuring reserve balance (other)

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Retail Sales Growth (other)

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Retail dollar sales growth (other)

Retail noncereal volume growth (other)

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Retail unit volume growth (other)

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Return on average total capital (other)

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Return on invested capital (other)

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SG&A percent of net sales (other)

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SG&A ratio (other)

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SVE volume growth (other)

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Sales and marketing countries (other)

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Segment operating profit growth (other)

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Share repurchase cost (other)

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Share repurchase spend (other)

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Share repurchases (other)

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Shares outstanding (other)

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Shares remaining to be repurchased (other)

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Shares remaining under repurchase authorization (other)

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Shares repurchased (other)

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Shipping costs (other)

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Snack Ventures Europe volume growth (other)

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Snack food volume growth (other)

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Snacks unit volume growth (other)

Snacks volume growth (other)

Stock options exercisable (other)

No 10-K data

Stock options outstanding (other)

Stock-based compensation expense (other)

No 10-K data

Supplier finance payables (other)

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Total U.S. unit volume growth (other)

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Total debt (other)

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Total segment operating profit growth (other)

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Total unit volume growth (other)

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Trade and coupon promotion expense impact (other)

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Treasury Shares (other)

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Treasury shares (other)

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Treasury shares held (other)

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U.S. Retail Net Sales Growth (other)

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U.S. Retail net sales growth (other)

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U.S. Retail sales growth (other)

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U.S. Retail unit volume growth (other)

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U.S. food unit volume growth (other)

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U.S. foods unit volume growth (other)

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U.S. foods unit volume growth (ex-acquisitions) (other)

No 10-K data

U.S. noncereal unit volume growth (other)

No 10-Q data

U.S. ready-to-eat cereal category volume growth (other)

No 10-K data

U.S. unit volume growth (other)

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US retail unit volume growth (other)

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US unit volume growth (other)

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Unit Volume Growth (other)

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Unit volume growth (other)

Unpaid Share Repurchase Obligations (other)

No 10-K data

Unrecognized stock compensation (other)

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Unrecognized stock compensation expense (other)

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Unrecognized stock-based compensation (other)

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Value at risk (other)

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Value-at-risk (other)

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Value-at-risk commodity (other)

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Value-at-risk interest rate (other)

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Value-at-risk, commodity (other)

No 10-K data

Value-at-risk, interest rate (other)

No 10-K data

Value-at-risk, one-day loss (other)

No 10-K data

Venezuela cash balance (other)

No 10-K data

Volume Growth (other)

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Volume growth (other)

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Volume growth contribution (other)

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Weighted average diluted shares (other)

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Weighted-average discount rate (other)

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Weighted-average lease discount rate (other)

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Weighted-average lease term (other)

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Weighted-average remaining lease term (other)

No 10-K data

Women in leadership (other)

No 10-Q data

Worldwide unit volume growth (other)

Year 2000 compliance costs (other)

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Year 2000 compliance costs incurred (other)

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Year 2000 costs incurred (other)

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Year 2000 remediation cost (other)

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Year 2000 remediation costs (other)

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Yogurt unit volume growth (other)

No 10-Q data

Yogurt volume growth (other)

No 10-Q data

Yoplait Go-Gurt distribution (other)

No 10-K data

Yoplait and Colombo combined market share (other)

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Yoplait and Colombo dollar share (other)

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Yoplait and Colombo market share (other)

No 10-Q data

Food production facilities (properties)

No 10-Q data

Composite retail sales growth (same_store_sales)

No 10-K data

Sales and administrative offices (square_footage)

No 10-Q data

Häagen-Dazs Franchise Shops (stores)

No 10-Q data

Common shares repurchased (units_shipped)

No 10-K data
Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

No 10-Q data

Demographics

No 10-Q data
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No 10-Q data

Workforce Breakdowns

No 10-Q data
No 10-Q data

HCM Metrics — Point-in-Time

No point-in-time HCM metrics found.

HCM Metrics — Flow (Annual / YTD)

No flow HCM metrics found.

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-08-30restructuringin_progress2030-05-31USD 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.
2026-08-30divestiture_reductioncompleted2026-09-02BrazilUSD 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.
2026-08-30restructuringin_progress2030-05-31USD 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.
2026-08-30divestiture_reductioncompleted2026-09-02BrazilUSD 24 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Valuation loss on held for sale business (Brazil). Sale completed September 2, 2026.
2026-05-31restructuringin_progress2029-05-31GlobalSupply chainUSD 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.
2026-05-31restructuringin_progressGlobalEnterprise / global transformationUSD 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.
2026-05-31divestiture_reductioncompletedUnited StatesNorth 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.
2026-05-31divestiture_reductionannounced2026-12-31BrazilInternationalUSD 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.
2026-05-31restructuringin_progress2026-05-312029-05-31GlobalSupply ChainUSD 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.
2026-05-31restructuringin_progress2026-05-31GlobalCorporateUSD 60 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Charges associated with restructuring and transformation actions previously announced.
2026-05-31restructuringin_progressSupply Chain Actions [Member]USD 95,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-05-31restructuringin_progressAsset Write-Offs [Member] / Supply Chain Actions [Member]USD 71,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-05-31restructuringin_progressOther Costs [Member] / Supply Chain Actions [Member]USD 24,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-05-31restructuringin_progressActions Previously Announced [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2026-02-22restructuringin_progress2025-08-012029-05-31GlobalSupply chainUSD 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.
2026-02-22restructuringin_progress2028-05-31GlobalCorporate / cross-segmentrestructuring_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.
2026-02-22divestiture_reductioncompleted2025-08-31United StatesNorth America Retail — U.S. yogurt businessother
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.
2026-02-22divestiture_reductionannounced2026-03-162026-12-31BrazilInternational — Brazil businesssubsequent_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.
2026-02-22acquisition_additioncompleted2024-11-30North AmericaNorth America Pet — Whitebridge Pet Brandsbusiness_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.
2026-02-22restructuringin_progress2025-11-012029-05-31GlobalSupply ChainUSD 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.
2026-02-22restructuringin_progress2028-05-31GlobalVariousUSD 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.
2026-02-22divestiture_reductioncompleted2026-02-22United StatesNorth America Retailbusiness_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.
2026-02-22acquisition_additioncompleted2025-08-31North AmericaNorth America Petbusiness_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.
2026-02-22restructuringin_progressSupply Chain Actions [Member]USD 25,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-11-23restructuringin_progress2029-05-31Supply chainUSD 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.
2025-11-23restructuringin_progress2028-05-31USD 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.
2025-11-23restructuringin_progress2025-11-232029-05-31GlobalSupply ChainUSD 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.
2025-11-23restructuringin_progress2028-05-31GlobalCorporate and OperationsUSD 40 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges related to restructuring and transformation actions previously announced. Employee count not disclosed.
2025-11-23restructuringin_progressSupply Chain Actions [Member]USD 50,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-11-23restructuringin_progressAsset Write-Offs [Member] / Supply Chain Actions [Member]USD 45,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-11-23restructuringin_progressAsset Impairments [Member] / Supply Chain Actions [Member]USD 42,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-11-23restructuringin_progressSeverance And Other Benefit Costs [Member] / Supply Chain Actions [Member]USD 4,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-08-24restructuringin_progress2028-05-31USD 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.
2025-08-24divestiture_reductioncompletedUnited StatesNorth 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.
2025-08-24restructuringin_progress2028-05-31USD 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.
2025-08-24divestiture_reductioncompleted2025-08-24United StatesNorth America Retailbusiness_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.
2025-08-24acquisition_additioncompleted2025-05-25North AmericaNorth America Petbusiness_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.
2025-05-25restructuringin_progress2028-05-31GlobalEnterprise-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.
2025-05-25restructuringin_progress2026-05-31InternationalInternational — Häagen-Dazs branded shops network optimizationUSD 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.
2025-05-25acquisition_additioncompletedNorth AmericaNorth America Petbusiness_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.
2025-05-25divestiture_reductioncompletedCanadaNorth America Retail — yogurt businessother
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.
2025-05-25divestiture_reductionannounced2025-08-31United StatesNorth America Retail — U.S. yogurt businesssubsequent_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.
2025-05-25restructuringin_progress2025-05-252028-05-31GlobalCorporate / All SegmentsUSD 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.
2025-05-25restructuringin_progress2025-05-252026-05-31InternationalInternationalUSD 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.
2025-05-25restructuringin_progress Severance And Other Benefit Costs / Global Transformation InitiativeUSD 68,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-05-25restructuringin_progress Other Restructuring / Global Transformation InitiativeUSD 1,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-02-23acquisition_additioncompletedUnited StatesNorth America PetUSD 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.
2025-02-23divestiture_reductioncompletedCanadaNorth America Retailbusiness_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.
2025-02-23divestiture_reductionin_progress2025-12-31United StatesNorth America Retailbusiness_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.
2025-02-23restructuringin_progress2026-05-31GlobalCorporateUSD 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.
2025-02-23restructuringin_progress2026-05-31GlobalVariousUSD 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.
2024-11-24restructuringin_progress2026-05-31USD 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.
2024-11-24acquisition_additionannounced2025-02-28North AmericaNorth America Petbusiness_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.
2024-11-24divestiture_reductionannounced2025-12-31North AmericaNorth 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.
2024-11-24restructuringin_progress2026-05-31USD 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.
2024-11-24acquisition_additionannounced2024-11-24North AmericaPetUSD 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.
2024-08-25restructuringin_progress2026-05-31USD 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).
2024-08-25acquisition_additioncompletedEuropeInternationalbusiness_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.
2024-08-25divestiture_reductionannounced2024-09-122025-12-31North AmericaNorth America Retailsubsequent_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.
2024-08-25restructuringin_progress2026-05-31USD 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.
2024-08-25acquisition_additioncompletedEuropeInternationalUSD 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.
2024-05-26restructuringin_progress2026-05-31United States and CanadaPet segment — go-to-market commercial strategy and organizational structureUSD 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.
2024-05-26restructuringin_progressInternationalInternational segment — manufacturing and logistics operations efficiencyUSD 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.
2024-05-26acquisition_additioncompleted2024-05-26EuropeInternational segment — pet food businessUSD 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.
2024-05-26restructuringin_progress2024-05-262026-05-31GlobalPet SegmentUSD 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.
2024-05-26restructuringin_progress2024-05-262025-05-31InternationalInternational SegmentUSD 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.
2024-05-26restructuringin_progress Accelerated Depreciation / Go To Market Commercial Strategy And Related Organizational ActionsUSD 13,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-05-26restructuringin_progress Other Restructuring / Go To Market Commercial Strategy And Related Organizational ActionsUSD 4,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-02-25restructuringin_progress2026-05-31GlobalGlobal supply chainUSD 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.
2024-02-25restructuringin_progress2025-05-31United StatesPet segment — go-to-market commercial strategy and organizational structureUSD 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.
2024-02-25restructuringin_progress2026-05-31GlobalCorporateUSD 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.
2024-02-25restructuringcompletedLatin AmericaInternational segment — Latin America reporting unitUSD 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.
2024-02-25restructuringin_progress2024-08-012026-05-31GlobalPet SegmentUSD 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.
2024-02-25restructuringin_progress2025-05-31GlobalSupply ChainUSD 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.
2023-11-26restructuringin_progress2026-05-31United States and CanadaPetUSD 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.
2023-11-26restructuringin_progress2025-05-31InternationalInternational (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.
2023-11-26restructuringin_progress2025-05-31Multiple (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.
2023-11-26othercompletedLatin AmericaInternational (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.
2023-11-26restructuringin_progress2023-11-262026-12-31North AmericaPetUSD 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.
2023-11-26restructuringin_progress2023-11-262024-12-31InternationalInternationalUSD 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.
2023-11-26restructuringin_progress Accelerated Depreciation / Commercial Strategy ActionUSD 2,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-11-26restructuringin_progress Other Costs Including Severance / Commercial Strategy ActionUSD 2,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-08-27restructuringin_progress2025-05USD 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.
2023-08-27restructuringin_progress2025-05-26USD 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.
2023-05-28restructuringin_progress2025-05-31GlobalGlobal supply chainUSD 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'.
2023-05-28restructuringin_progress2024-05-31International (outside United States and Canada)International — Häagen-Dazs shops networkUSD 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'.
2023-05-28restructuringin_progressNot specifiedNot specifiedUSD 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.
2023-05-28acquisition_additioncompletedUnited StatesNorth America FoodserviceUSD 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.
2023-05-28divestiture_reductioncompletedUnited StatesNorth America Retail — Helper main meals and Suddenly Salad side dishesUSD 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.
2023-05-28restructuringin_progress2023-05-282025-05-31GlobalSupply ChainUSD 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.
2023-05-28restructuringin_progress2023-05-282024-05-31InternationalHäagen-DazsUSD 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.
2023-05-28restructuringcompleted2023-05-28GlobalVariousUSD 18 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Charges associated with restructuring actions previously announced.
2023-05-28restructuringin_progress Employee Severance / Global Supply Chain ActionsUSD 25,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-05-28restructuringin_progress Other Restructuring / Global Supply Chain ActionsUSD 10,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-05-28restructuringin_progress Employee Severance / Optimization Of Hagen Dazs Shops Network / InternationalUSD 5,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-05-28restructuringin_progress Other Restructuring / Optimization Of Hagen Dazs Shops Network / InternationalUSD 800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-02-26restructuringin_progressNot specifiedNot specifiedUSD 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.
2023-02-26acquisition_additioncompletedUnited StatesNorth America FoodserviceUSD 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.
2023-02-26divestiture_reductioncompletedUnited StatesNorth America RetailUSD 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.
2023-02-26restructuringin_progress2024-05-28USD 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.
2023-02-26acquisition_additioncompletedNorth AmericaNorth America FoodserviceUSD 253 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of TNT Crust. Headcount not explicitly disclosed.
2023-02-26divestiture_reductioncompletedNorth AmericaNorth America Retailbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of Helper main meals and Suddenly Salad side dishes business. Headcount not explicitly disclosed.
2022-11-27restructuringin_progress2024-05-31InternationalInternational segment — manufacturing and logistics operationsUSD 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.
2022-11-27restructuringin_progress2023-05-31GlobalGlobal organizational structure and resource realignmentUSD 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.
2022-11-27acquisition_additioncompletedUnited StatesNorth America FoodserviceUSD 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.
2022-11-27divestiture_reductioncompletedUnited StatesNorth America Retailbusiness_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.
2022-11-27restructuringin_progress2024-05-28InternationalManufacturing and logistics operationsUSD 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.
2022-11-27restructuringin_progress2023-05-29GlobalOrganizational structure and resource realignmentUSD 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.
2022-11-27restructuringin_progress Employee Severance / International Manufacturing And Logistics OperationsUSD 4,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-11-27restructuringin_progress Previously Announced Global Organizational Structure And Resource Realignment ActionsUSD 4,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-08-28restructuringin_progress2024-05-31USD 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.
2022-08-28restructuringin_progress2024-05-28USD 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.
2022-08-28acquisition_additioncompletedNorth AmericaNorth America FoodserviceUSD 253 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of TNT Crust. Headcount not disclosed.
2022-08-28divestiture_reductioncompletedbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of Helper main meals and Suddenly Salad side dishes business. Headcount not disclosed.
2022-05-29restructuringin_progress2024-05-31InternationalInternational segment — manufacturing and logistics operationsUSD 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.
2022-05-29restructuringin_progress2023-05-31GlobalGlobal organizational structure and resource realignmentUSD -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.
2022-05-29acquisition_additioncompletedUnited States, CanadaPet segmentUSD 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.
2022-05-29divestiture_reductioncompletedFranceInternational 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.
2022-05-29divestiture_reductioncompletedEuropeInternational segment — European dough businessesbusiness_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.
2022-05-29divestiture_reductionannounced2022-08-31United StatesNorth America Retail — Helper main meals and Suddenly Salad side dishesUSD 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.
2022-05-29acquisition_additioncompletedUnited StatesNorth 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.
2022-05-29restructuringin_progress2022-01-012024-05-26InternationalManufacturing and LogisticsUSD 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.
2022-05-29restructuringin_progress2021-01-012023-05-28GlobalOrganizational Structure and Resource RealignmentUSD 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.
2022-05-29restructuringin_progress Employee Severance / International Manufacturing And Logistics OperationsUSD 7,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-05-29restructuringin_progress Other Restructuring / International Manufacturing And Logistics OperationsUSD 7,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-02-27restructuringin_progress2021-11-292024-05-31InternationalInternational — manufacturing and logistics operationsUSD 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.
2022-02-27restructuringin_progress2024-05-31Not specifiedCorporate — organizational structure and resource alignmentUSD -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.
2022-02-27acquisition_additioncompletedUnited StatesPetbusiness_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.
2022-02-27divestiture_reductioncompletedFrance / InternationalInternational — Yoplait and Liberté businessesother
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.
2022-02-27divestiture_reductionin_progress2022-05-29EuropeInternational — European dough businessesother
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.
2022-02-27restructuringin_progress2024-05-29GlobalOrganizational structure and manufacturing/logisticsUSD 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.
2022-02-27acquisition_additioncompletedUnited StatesPetUSD 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.
2022-02-27divestiture_reductioncompletedEurope / CanadaInternational / North America Retailbusiness_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.
2021-11-28restructuringin_progress2021-11-282024-05-31Asia & Latin AmericaManufacturing and logistics operationsUSD 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.
2021-11-28restructuringin_progress2023-05-31Not specifiedCorporate structure and strategic initiativesrestructuring_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.
2021-11-28acquisition_additioncompletedUnited StatesPetUSD 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.
2021-11-28divestiture_reductioncompletedFranceEurope & 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.
2021-11-28divestiture_reductionannounced2021-11-282022-05-31EuropeEuropean dough businessesbusiness_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.
2021-11-28restructuringin_progress2021-11-282024-05-31Asia & Latin AmericaManufacturing and logistics operationsUSD 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.
2021-11-28acquisition_additioncompleted2021-08-30United StatesPetUSD 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.
2021-11-28restructuringin_progress Employee Severance / Asia And Latin America SegmentUSD 7,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-11-28restructuringin_progress Other Restructuring / Asia And Latin America SegmentUSD 4,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-08-29acquisition_additioncompletedUnited StatesPetUSD 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).
2021-08-29divestiture_reductionannounced2021-12-31Europe / CanadaEurope & 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.
2021-08-29restructuringin_progress2023-05-31USD -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.
2021-08-29restructuringin_progress2023-05-29USD -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.
2021-05-30restructuringin_progress2021-01-012023-05-31GlobalCorporate organization and resourcesUSD 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.
2021-05-30restructuringin_progress2021-01-012021-08-29Asia & Latin AmericaRoute-to-market and supply chainUSD 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.
2021-05-30restructuringin_progress2023-05-31GlobalGlobal supply chainUSD 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.
2021-05-30divestiture_reductioncompleted2021-05-30BrazilLaticínios Carolina dairy businessUSD 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.
2021-05-30acquisition_additionannounced2021-05-012021-08-29United StatesPet segment — pet treatsUSD 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).
2021-05-30divestiture_reductionannounced2021-03-012021-12-31EuropeYoplait European yogurt businessMD&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).
2021-05-30restructuringin_progress2021-03-012023-05-31GlobalOrganizational structure and resourcesUSD 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.
2021-05-30restructuringin_progress2021-03-012022-02-28Asia & Latin AmericaRoute-to-market and supply chainUSD 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.
2021-05-30restructuringin_progress Employee Severance / Global Organizational Structure And Resource AlignmentUSD 148,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-05-30restructuringin_progress Other Restructuring / Global Organizational Structure And Resource AlignmentUSD 8,500,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-05-30restructuringin_progress Employee Severance / Asia Latin America Route To Market And Supply Chain OptimizationUSD 8,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-05-30restructuringin_progress Other Restructuring / Asia Latin America Route To Market And Supply Chain OptimizationUSD 4,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-05-30restructuringin_progress Restructuring ChargesUSD 170,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-05-30restructuringin_progress Cost Of SalesUSD 2,300,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-05-30restructuringin_progressUSD 172,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-02-28restructuringin_progress2020-11-302021-08-31Asia & Latin AmericaRoute-to-market and supply chainUSD 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.
2021-02-28restructuringin_progress2023-05-31GlobalGlobal supply chainrestructuring_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.
2021-02-28restructuringin_progress2020-11-302022-02-28Asia & Latin AmericaRoute-to-market and supply chainUSD 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.
2021-02-28restructuringin_progress2023-05-31GlobalSupply chainUSD 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.
2021-02-28restructuringin_progress Employee Severance / Asia Latin America Route To Market And Supply Chain OptimizationUSD 8,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-02-28restructuringin_progress Other Restructuring / Asia Latin America Route To Market And Supply Chain OptimizationUSD 2,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-11-29restructuringin_progress2022-05-31GlobalGlobal supply chainUSD 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).
2020-11-29restructuringin_progress2022-05-30GlobalSupply ChainUSD 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.
2020-08-30restructuringin_progressGlobalGlobal supply chainUSD 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).
2020-08-30restructuringin_progress2022-05-31GlobalSupply ChainUSD 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.
2020-05-31restructuringin_progress2022-05-31GlobalGlobal supply chainUSD 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.
2020-05-31restructuringin_progress2019-06-012022-05-31GlobalSupply ChainUSD 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.
2020-05-31restructuringin_progress Cost Of SalesUSD 25,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-05-31restructuringin_progress Restructuring ChargesUSD 24,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-05-31restructuringin_progressUSD 50,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-02-23restructuringin_progress2022-05-29GlobalGlobal supply chainUSD 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.
2020-02-23restructuringin_progress2022-05-31GlobalSupply ChainUSD 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.
2019-11-24restructuringin_progress2022-05-31USD 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.
2019-11-24restructuringin_progress2022-05-31USD 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.
2019-08-25restructuringin_progress2022-05-31GlobalGlobal supply chainUSD 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.
2019-08-25restructuringin_progress2022-12-31GlobalSupply ChainUSD 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.
2019-05-26restructuringin_progress2022-05-31United StatesNorth America RetailUSD 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.
2019-05-26restructuringin_progress2022-05-31Europe; AustraliaEurope & AustraliaUSD 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.
2019-05-26restructuringin_progress2022-05-31Latin America; AsiaAsia & Latin AmericaUSD 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.
2019-05-26restructuringin_progress2022-05-31United StatesPetUSD 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.
2019-05-26divestiture_reductioncompletedArgentinaAsia & Latin AmericaUSD 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.
2019-05-26divestiture_reductioncompletedChinaAsia & Latin AmericaUSD 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.
2019-05-26restructuringin_progress20192022-05-29GlobalSupply ChainUSD 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.
2019-05-26restructuringcompleted2019GlobalVariousUSD -3 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Charges associated with restructuring actions previously announced. Employee count not disclosed.
2019-05-26restructuringin_progressUSD 285,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-05-26restructuringin_progress Restructuring ChargesUSD 275,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-05-26restructuringin_progress Cost Of SalesUSD 9,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-02-24plant_closurein_progress2022-05-31United States (Carson, California)North America Retail — yogurt manufacturingUSD 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.
2019-02-24restructuringin_progress2022-05-31Europe & AustraliaEurope & Australia segment — systems and process optimizationUSD 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.
2019-02-24divestiture_reductioncompletedArgentinaAsia & Latin America — La Salteña fresh pasta and refrigerated dough businessUSD 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.
2019-02-24restructuringin_progress2019-02-242022-05-26North AmericaNorth America RetailUSD 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.
2019-02-24restructuringin_progress2019-02-242022-05-26Europe & AustraliaEurope & AustraliaUSD 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.
2019-02-24divestiture_reductioncompleted2019-02-242019-02-24ArgentinaAsia & Latin AmericaUSD 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.
2018-11-25restructuringin_progressUSD 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.
2018-11-25acquisition_additionin_progressUnited StatesPetUSD 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.
2018-11-25restructuringin_progress2020-05-31GlobalVariousUSD 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.
2018-11-25restructuringcompletedNorth AmericaNorth America RetailUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charge related to impairment of certain manufacturing assets within North America Retail segment.
2018-11-25restructuringcompletedGlobalVariousUSD 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.
2018-08-26restructuringin_progress2019-05-26GlobalAll operating segments except PetUSD -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.
2018-08-26acquisition_additioncompletedUnited StatesPetUSD 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.
2018-08-26restructuringin_progress2019-05-26GlobalAll operating segments except PetUSD -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.
2018-08-26restructuringin_progress Actions Previously AnnouncedUSD 2,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-05-27restructuringin_progress6252018-03-012019-05-31GlobalCorporate / administrative functionsUSD 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).
2018-05-27plant_closurein_progress3502016-11-012019-05-31AustraliaEurope & Australia — pasta manufacturingUSD 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).
2018-05-27plant_closurein_progress3802016-06-012019-05-31United StatesNorth America Retail — Vineland, New Jersey soup facilityUSD 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).
2018-05-27restructuringin_progress4202016-06-012019-05-31BrazilAsia & Latin America — snacks and meals product linesUSD 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).
2018-05-27restructuringin_progress4402016-06-012019-05-31Greater ChinaAsia & Latin America — snacks product linesrestructuring_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).
2018-05-27restructuringcompleted6002017-02-012018-05-27GlobalCorporate / organizational structureUSD -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).
2018-05-27restructuringcompleted7492015-06-012018-05-27InternationalInternational operations — administrative expense reductionUSD 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).
2018-05-27plant_closurecompleted4842015-06-012018-05-27United StatesNorth America Retail — West Chicago, Illinois cereal plantUSD 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).
2018-05-27plant_closurecompleted1252015-06-012018-05-27United StatesNorth America Retail — Joplin, Missouri snacks plantUSD 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).
2018-05-27acquisition_additioncompleted2018-04-242018-04-24United StatesPet 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.
2018-05-27restructuringin_progress6252018-02-252019-05-26GlobalAdministrativeUSD 49 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Global cost savings initiatives approved in Q4 FY2018 to reduce administrative costs.
2018-05-27plant_closurein_progress3502017-08-272019-05-26AustraliaEurope & AustraliaUSD 16 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of Melbourne pasta manufacturing facility. Charge recorded in FY2018.
2018-05-27restructuringin_progress4202017-02-262019-05-26BrazilAsia & Latin AmericaUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Restructuring of certain international product lines. Charge reduction recorded in FY2018.
2018-05-27restructuringin_progress4402017-02-262019-05-26ChinaAsia & Latin Americarestructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Restructuring of snacks business in China. Part of international product lines restructuring.
2018-05-27plant_closurein_progress3802017-02-262019-05-26United StatesNorth America RetailUSD 13 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of Vineland, New Jersey soup facility. Charge recorded in FY2018.
2018-05-27restructuringcompleted7492016-02-282018-05-27InternationalGlobalUSD 0 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Compass. Completed in FY2018. Small charge recorded in FY2018.
2018-05-27plant_closurecompleted2872016-08-282017-05-28United Kingdom, New ZealandEurope & Australiarestructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Century. Closure of Berwick and East Tamaki facilities. Completed in FY2017.
2018-05-27plant_closurecompleted4842016-02-282018-05-27United StatesNorth America RetailUSD 7 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Century. Closure of West Chicago cereal plant. Completed in FY2018.
2018-05-27plant_closurecompleted1252016-02-282018-05-27United StatesNorth America RetailUSD 1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Century. Closure of Joplin snacks plant. Completed in FY2018.
2018-05-27restructuringcompleted6002017-08-272018-05-27GlobalGlobalUSD -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.
2018-05-27restructuringin_progressUSD 82,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-05-27restructuringin_progress Cost Of SalesUSD 14,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-05-27restructuringin_progress Restructuring ChargesUSD 68,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-05-27restructuringin_progress350 Europe And Australia / Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closurerestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2018-05-27restructuringin_progress420 Asia And Latin America / Quarter One2017 Brazilian Facilities Restructuringrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2018-05-27restructuringin_progress440 Asia And Latin America / Quarter One2017 China Facilities Restructuringrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2018-05-27restructuringin_progress380 North America / Quarter One2017 Vineland Facility Closurerestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2018-05-27restructuringin_progress749 Quarter One Fiscal2016 Project Compassrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2018-05-27restructuringin_progress484 North America / Quarter One Fiscal2016 Project Century Exit West Chicago Facilityrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2018-05-27restructuringin_progress125 North America / Quarter One Fiscal2016 Project Century Exit Joplin Facilityrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2018-05-27restructuringin_progress600 Quarter Three Fiscal2017 Organizational Restructuring Realignmentrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2018-05-27restructuringin_progress625 Quarter Four Fiscal2018 Global Cost Savings Initiativerestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2018-02-25restructuringin_progress6002018-05-27GlobalEnterprise-wide / organizational structureUSD 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.
2018-02-25plant_closurein_progress3502019-05-26AustraliaEurope & Australia — pasta manufacturingUSD 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.
2018-02-25plant_closurein_progress4202019-05-26BrazilAsia & Latin America — snacks and meals product linesUSD 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.
2018-02-25plant_closurein_progress4402019-05-26ChinaAsia & Latin America — snacks product linesUSD 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.
2018-02-25plant_closurein_progress3802018-05-27United States — Vineland, New JerseyNorth America Retail — soup manufacturingUSD 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.
2018-02-25restructuringannounced2019-05-26GlobalAdministrative / corporate functionsUSD 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.
2018-02-25restructuringin_progress6002017-08-012018-05-27GlobalCorporate / Global ReorganizationUSD 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.
2018-02-25plant_closurein_progress3502017-08-012019-05-26Melbourne, AustraliaEurope & AustraliaUSD 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.
2018-02-25restructuringin_progress8602017-05-292019-05-26Brazil and ChinaAsia & Latin AmericaUSD 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.
2018-02-25plant_closurein_progress3802017-05-292018-05-27Vineland, New JerseyNorth America RetailUSD 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.
2018-02-25restructuringannounced2018-02-262019-05-26GlobalAdministrative / CorporateUSD 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.
2018-02-25restructuringin_progressUSD 7,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-02-25restructuringin_progress Cost Of SalesUSD 100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-02-25restructuringin_progress Restructuring ChargesUSD 7,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-02-25restructuringin_progress350 Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure / Europe And Australia SegmentUSD 3,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2018-02-25restructuringin_progress380 Quarter One2017 Vineland Facility Closure / North America Retail SegmentUSD 12,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2018-02-25restructuringin_progress600 Quarter Three Fiscal2017 Organizational Restructuring RealignmentUSD 1,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2018-02-25restructuringin_progress Quarter One2017 Certain Product Lines Restructuring / Asia And Latin America SegmentUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-02-25restructuringin_progress420 Asia And Latin America Segment / Quarter One2017 Brazilian Facilities Restructuringrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2018-02-25restructuringin_progress440 Asia And Latin America Segment / Quarter One2017 China Facilities Restructuringrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-11-26restructuringin_progress60020172018-05-27GlobalCorporate / organizational structureUSD 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.
2017-11-26plant_closurein_progress35020162019-05-31Melbourne, AustraliaEurope & Australia — pasta manufacturingUSD 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.
2017-11-26restructuringin_progress42020162019-05-31BrazilAsia & Latin America — snacks and meals product linesrestructuring_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.
2017-11-26restructuringin_progress44020162019-05-31ChinaAsia & Latin America — snacks product linesrestructuring_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.
2017-11-26plant_closurein_progress38020162018-05-27Vineland, New Jersey, United StatesNorth America Retail — soup manufacturingUSD 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.
2017-11-26restructuringin_progress6002017-08-282018-05-27GlobalCorporate / Global OrganizationUSD 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.
2017-11-26plant_closurein_progress3502017-08-282019-05-26Melbourne, AustraliaEurope & AustraliaUSD 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.
2017-11-26restructuringin_progress8602017-02-262019-05-26Brazil and ChinaAsia & Latin AmericaUSD 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.
2017-11-26plant_closurein_progress3802017-02-262018-05-27Vineland, New JerseyNorth America RetailUSD 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.
2017-11-26restructuringin_progressUSD 2,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-11-26restructuringin_progress Cost Of SalesUSD 600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-11-26restructuringin_progress Restructuring ChargesUSD 1,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-11-26restructuringin_progress350 Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure / Europe And Australia SegmentUSD 2,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-11-26restructuringin_progress600 Quarter Three Fiscal2017 Organizational Restructuring RealignmentUSD 600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-11-26restructuringin_progress380 Quarter One2017 Vineland Facility Closure / North America Retail SegmentUSD 12,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-11-26restructuringin_progress420 Asia And Latin America Segment / Quarter One2017 Brazilian Facilities Restructuringrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-11-26restructuringin_progress440 Asia And Latin America Segment / Quarter One2017 China Facilities Restructuringrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-08-27restructuringin_progress60020172018-05-27GlobalCorporate / global organization structureUSD 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.
2017-08-27plant_closurein_progress35020162019-05-26AustraliaEurope & AustraliaUSD 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.
2017-08-27restructuringin_progress42020162019-05-26BrazilAsia & Latin Americarestructuring_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.
2017-08-27restructuringin_progress44020162019-05-26China (Greater China)Asia & Latin Americarestructuring_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.
2017-08-27plant_closurein_progress38020162019-05-26United States (Vineland, New Jersey)North America RetailUSD 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.
2017-08-27restructuringin_progress6002017-05-292018-05-28GlobalGlobal reorganizationUSD 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.
2017-08-27plant_closurein_progress3502017-02-282019-05-27Melbourne, AustraliaEurope & AustraliaUSD 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.
2017-08-27restructuringin_progress8602016-11-302019-05-27Brazil and Greater ChinaAsia & Latin AmericaUSD 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.
2017-08-27plant_closurein_progress3802016-11-302019-05-27Vineland, New JerseyNorth America RetailUSD 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.
2017-08-27restructuringin_progress Quarter Two Fiscal2015 Project Century RestructuringUSD 1,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-08-27restructuringin_progress Quarter One2017 Certain Product Lines RestructuringUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-08-27restructuringin_progress Quarter One2017 Vineland Facility ClosureUSD 13,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-08-27restructuringin_progressUSD 17,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-08-27restructuringin_progress Cost Of SalesUSD 12,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-08-27restructuringin_progress Restructuring ChargesUSD 5,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-08-27restructuringin_progress Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility ClosureUSD 2,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-08-27restructuringin_progress350 Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure / Europe And Australia SegmentUSD 2,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-08-27restructuringin_progress600 Quarter Three Fiscal2017 Organizational Restructuring RealignmentUSD 800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-08-27restructuringin_progress380 Quarter One2017 Vineland Facility Closure / North America Retail SegmentUSD 13,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-08-27restructuringin_progress420 Asia And Latin America Segment / Quarter One2017 Brazilian Facilities Restructuringrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-08-27restructuringin_progress440 Asia And Latin America Segment / Quarter One2017 China Facilities Restructuringrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress6002018-05GlobalCorporate / global organization structureUSD 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.
2017-05-28plant_closurein_progress3502019-06AustraliaEurope & AustraliaUSD 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.
2017-05-28restructuringin_progress4202019-06BrazilAsia & Latin Americarestructuring_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.
2017-05-28restructuringin_progress4402019-06Greater ChinaAsia & Latin Americarestructuring_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.
2017-05-28plant_closurein_progress3802019-06United States — New JerseyNorth America RetailUSD 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.
2017-05-28plant_closurein_progress4842018-05United States — IllinoisNorth America RetailUSD 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.
2017-05-28plant_closurein_progress942018-05Canada — OntarioNorth America Retail and Convenience Stores & FoodserviceUSD 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.
2017-05-28plant_closurein_progress4122018-05United States — IndianaNorth America Retail and Convenience Stores & FoodserviceUSD 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.
2017-05-28plant_closurecompleted287United Kingdom and New ZealandEurope & AustraliaUSD 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.
2017-05-28plant_closurecompleted170United States — MassachusettsNorth America Retail and Convenience Stores & Foodservicerestructuring_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.
2017-05-28plant_closurecompleted409United States — CaliforniaNorth America RetailUSD 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.
2017-05-28restructuringcompletedInternationalInternational operations — administrative and organizational effectivenessUSD 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.
2017-05-28divestiture_reductioncompletedUnited States — OhioConvenience Stores & Foodserviceother
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.
2017-05-28restructuringin_progress6002016-11-012018-05-28GlobalCorporate / Global ReorganizationUSD 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.
2017-05-28plant_closurein_progress3502017-02-012019-05-28Melbourne, AustraliaEurope & AustraliaUSD 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.
2017-05-28restructuringin_progress8602017-02-012019-05-28Brazil, ChinaAsia & Latin AmericaUSD 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.
2017-05-28plant_closurein_progress3802017-02-012019-05-28Vineland, New JerseyNorth America RetailUSD 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.
2017-05-28restructuringin_progressUSD 224,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress Cost Of SalesUSD 41,500,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress Restructuring ChargesUSD 182,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress Project Century Miscellaneous CostsUSD 1,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 44,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress600 Quarter Three Fiscal2017 Organizational Restructuring RealignmentUSD 72,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility ClosureUSD 21,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress Quarter One2017 Certain Product Lines RestructuringUSD 45,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress Quarter One2017 Vineland Facility ClosureUSD 41,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress350 Europe And Australia / Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility ClosureUSD 21,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress Asia And Latin America / Quarter One2017 Certain Product Lines RestructuringUSD 45,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress380 North America / Quarter One2017 Vineland Facility ClosureUSD 41,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress287 Europe And Australia / Quarter Two Fiscal2016 Project Century Exit Berwick And East Tamaki FacilitiesUSD 1,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress484 North America / Quarter One Fiscal2016 Project Century Exit West Chicago FacilityUSD 23,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress North America / Quarter Two Fiscal2015 Project Century Exit Lodi FacilityUSD 1,500,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-05-28restructuringin_progress94 North America Retail And Convenience Stores And Foodservice / Quarter Three Fiscal2015 Project Century Exit Midland FacilityUSD 1,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress412 North America Retail And Convenience Stores And Foodservice / Quarter Three Fiscal2015 Project Century Exit New Albany FacilityUSD 14,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress420 Asia And Latin America / Quarter One2017 Brazilian Facilities Restructuringrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress440 Asia And Latin America / Quarter One2017 China Facilities Restructuringrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress749 Quarter One Fiscal2016 Project Compassrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress170 North America Retail And Convenience Stores And Foodservice / Quarter Two Fiscal2015 Project Century Exit Methuen Facilityrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-05-28restructuringin_progress240 Quarter One Fiscal2015 Combination Of Certain Operational Facilities / North America Retail And Europe And Australiarestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2017-02-26restructuringin_progress2018-05-27GlobalOrganization-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).
2017-02-26plant_closurein_progress3502019-05-26Australia (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.
2017-02-26restructuringin_progress4202018-05-27BrazilAsia & 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.
2017-02-26restructuringin_progress4402018-05-27China (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.
2017-02-26plant_closurein_progress3702019-05-26United 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.
2017-02-26plant_closurein_progress5002018-05-27United 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.
2017-02-26plant_closurecompleted2652017-05-28United 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.
2017-02-26restructuringcompleted7492017-02-26International operationsCorporate/administrative functionsUSD 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.
2017-02-26restructuringin_progress5002017-01-012018-05-31GlobalCorporate / Global OrganizationUSD 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.
2017-02-26plant_closurein_progress3502016-11-012019-05-31Melbourne, AustraliaEurope & AustraliaUSD 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.
2017-02-26restructuringin_progress8602016-11-012018-05-31Brazil and ChinaAsia & Latin AmericaUSD 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.
2017-02-26plant_closurein_progress3702016-11-012019-05-31Vineland, New JerseyNorth America RetailUSD 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.
2017-02-26restructuringin_progress2015-11-012018-05-31GlobalManufacturing and DistributionUSD 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.
2017-02-26restructuringin_progress Quarter Two Fiscal2015 Project Century RestructuringUSD 7,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress Restructuring Actions Previously Announced Project CenturyUSD 400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress Quarter One2017 Certain Product Lines RestructuringUSD 2,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress Quarter One2017 Vineland Facility ClosureUSD 7,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progressUSD 94,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress Cost Of SalesUSD 42,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress Restructuring ChargesUSD 165,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress Quarter Two Fiscal2015 Project CatalystUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility ClosureUSD 5,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress350 Quarter Two Fiscal2017 Melbourne Pasta Manufacturing Facility Closure / Europe And Australia SegmentUSD 17,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-02-26restructuringin_progress Quarter One2017 Certain Product Lines Restructuring / Asia And Latin America SegmentUSD 45,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress265 Quarter Two Fiscal2016 Project Century Restructuring Exit Berwick Facility / Europe And Australia SegmentUSD 1,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-02-26restructuringin_progress Quarter Three Fiscal2017 Organizational Restructuring RealignmentUSD 73,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-02-26restructuringin_progress370 Quarter One2017 Vineland Facility Closure / North America Retail SegmentUSD 35,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-02-26restructuringin_progress500 Quarter One Fiscal2016 Project Century Restructuring Exit West Chicago Facility / North America Retail SegmentUSD 6,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-02-26restructuringin_progress420 Quarter One2017 Brazilian Facilities Restructuring / Asia And Latin America Segmentrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-02-26restructuringin_progress440 Quarter One2017 China Facilities Restructuring / Asia And Latin America Segmentrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-02-26restructuringin_progress400 Minimum / Quarter Three Fiscal2017 Organizational Restructuring Realignmentrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-02-26restructuringin_progress600 Maximum / Quarter Three Fiscal2017 Organizational Restructuring Realignmentrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2017-02-26restructuringin_progress749 Quarter One Fiscal2016 Project Compass Restructuringrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-11-27plant_closurein_progress3502018-05-31AustraliaInternationalUSD 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).
2016-11-27restructuringin_progress4202017-05-31BrazilInternationalrestructuring_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).
2016-11-27restructuringin_progress4402017-05-31ChinaInternationalrestructuring_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).
2016-11-27plant_closurein_progress3702019-05-31United StatesU.S. RetailUSD 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).
2016-11-27restructuringin_progress7252017-05-31InternationalInternationalUSD 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).
2016-11-27plant_closurein_progress2652018-05-31United KingdomInternationalUSD 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).
2016-11-27plant_closurecompleted202017-05-31New ZealandInternationalrestructuring_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.
2016-11-27plant_closurein_progress5002019-05-31United StatesU.S. RetailUSD 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).
2016-11-27restructuringannounced4002018-05-31GlobalCorporate / organizational structureUSD 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).
2016-11-27plant_closurein_progress3502016-08-292018-05-31AustraliaInternationalUSD 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.
2016-11-27restructuringin_progress4202016-06-012017-05-31BrazilInternationalUSD 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.
2016-11-27restructuringin_progress4402016-06-012017-05-31ChinaInternationalUSD 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.
2016-11-27plant_closurein_progress3702016-06-012019-05-31United StatesU.S. RetailUSD 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.
2016-11-27restructuringin_progress2652016-02-012018-05-31United KingdomInternationalUSD 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.
2016-11-27plant_closurein_progress5002016-02-012019-05-31United StatesU.S. RetailUSD 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.
2016-11-27restructuringannounced5002016-11-282018-05-31GlobalCorporateUSD 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.
2016-11-27restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 15,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress Restructuring Actions Previously Announced Project CenturyUSD 9,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress500 U S / Quarter One Fiscal2016 Project Century Exit West Chicago FacilityUSD 5,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-11-27restructuringin_progress Quarter One2017 Certain International Segment Product LinesUSD 6,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress Quarter One2017 Vineland FacilityUSD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress International / Quarter One2017 Certain International Segment Product LinesUSD 43,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress370 U S / Quarter One2017 Vineland FacilityUSD 27,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-11-27restructuringin_progress International / Quarter One Fiscal2016 Project CompassUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress Quarter One Fiscal2016 Project CompassUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progressUSD 41,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress Cost Of SalesUSD 26,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress Restructuring ChargesUSD 87,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress Quarter Two Fiscal2015 Project CatalystUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress350 International / Quarter Two Fiscal2017 Melbourne Pasta Manufacturing FacilityUSD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-11-27restructuringin_progress265 International / Quarter Two Fiscal2016 Project Century Exit Berwick FacilityUSD 500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-11-27restructuringin_progress Quarter Two Fiscal2017 Melbourne Pasta Manufacturing FacilityUSD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-11-27restructuringin_progress725 International / Quarter One Fiscal2016 Project Compass / Minimumrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-11-27restructuringin_progress775 International / Quarter One Fiscal2016 Project Compass / Maximumrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-11-27restructuringin_progress420 International / Quarter One2017 Brazilian Facilitiesrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-11-27restructuringin_progress440 International / Quarter One2017 China Facilitiesrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-11-27restructuringin_progress20 International / Quarter Two Fiscal2016 Project Century Exit East Tamaki Facilityrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-08-28restructuringin_progress4202017-05-28BrazilInternationalrestructuring_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.
2016-08-28restructuringin_progress4402017-05-28Greater ChinaInternationalrestructuring_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.
2016-08-28plant_closurein_progress3702019-05-26United States (Vineland, New Jersey)U.S. RetailUSD 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).
2016-08-28restructuringin_progress4202016-05-302017-05-28BrazilInternationalUSD 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.
2016-08-28restructuringin_progress4402016-05-302017-05-28ChinaInternationalUSD 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.
2016-08-28plant_closurein_progress3702016-05-302019-05-26United StatesU.S. RetailUSD 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.
2016-08-28restructuringin_progress7502015-05-312017-05-28InternationalInternationalUSD 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.
2016-08-28plant_closurein_progress5002015-05-312019-05-26United StatesU.S. RetailUSD 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.
2016-08-28restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 14,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress Restructuring ChargesUSD 58,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress Cost Of SalesUSD 13,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress Restructuring Actions Previously Announced Project CenturyUSD 6,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress500 U S / Quarter One Fiscal2016 Project Century Exit West Chicago FacilityUSD 7,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-08-28restructuringin_progressUSD 72,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress Quarter One2017 Certain International Segment Product LinesUSD 36,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress Quarter One2017 Vineland FacilityUSD 20,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress International / Quarter One2017 Certain International Segment Product LinesUSD 36,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress370 U S / Quarter One2017 Vineland FacilityUSD 20,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-08-28restructuringin_progress International / Quarter One Fiscal2016 Project CompassUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress Quarter One Fiscal2016 Project CompassUSD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress Quarter Two Fiscal2015 Project CatalystUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-08-28restructuringin_progress725 International / Quarter One Fiscal2016 Project Compass / Minimumrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-08-28restructuringin_progress775 International / Quarter One Fiscal2016 Project Compass / Maximumrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-08-28restructuringin_progress420 International / Quarter One2017 Brazilian Facilitiesrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-08-28restructuringin_progress440 International / Quarter One2017 China Facilitiesrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progressInternationalInternational segmentUSD 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.
2016-05-29plant_closurein_progress285United Kingdom; New ZealandInternational segment supply chainUSD 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.
2016-05-29plant_closurein_progress500United StatesU.S. Retail segment supply chainUSD 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.
2016-05-29plant_closurecompleted120United StatesU.S. Retail segment supply chainUSD 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.
2016-05-29plant_closurein_progress100CanadaU.S. Retail, International, and Convenience Stores and Foodservice supply chainsUSD 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.
2016-05-29plant_closurein_progress400United StatesU.S. Retail, International, and Convenience Stores and Foodservice supply chainsUSD 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.
2016-05-29plant_closurecompleted175United StatesU.S. Retail and Convenience Stores and Foodservice supply chainsUSD 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.
2016-05-29plant_closurecompleted430United StatesU.S. Retail supply chainUSD 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.
2016-05-29acquisition_additioncompletedUnited StatesU.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.
2016-05-29acquisition_additioncompletedBrazilInternational segment — yogurtMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Laticinios Carolina Ltda. during fiscal 2016; headcount added not disclosed.
2016-05-29divestiture_reductioncompletedNorth AmericaU.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.
2016-05-29divestiture_reductioncompletedVenezuelaInternational segment — canned meat businessUSD 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.
2016-05-29divestiture_reductioncompletedArgentinaConvenience Stores and Foodservice — foodservice businessUSD 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.
2016-05-29restructuringin_progress7502015-08-012016-05-29United StatesCorporate / OverheadUSD 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.
2016-05-29restructuringin_progress7502016-06-012017-05-28InternationalInternational SegmentUSD 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.
2016-05-29restructuringin_progress2852016-08-012018-05-27United Kingdom; New ZealandInternational SegmentUSD 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.
2016-05-29restructuringin_progress5002016-06-012019-05-26United StatesU.S. Retail SegmentUSD 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.
2016-05-29restructuringcompleted1202016-06-012016-05-29United StatesU.S. Retail SegmentUSD 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.
2016-05-29restructuringin_progress1002015-11-012018-05-27CanadaU.S. Retail; International; Convenience Stores and FoodserviceUSD 23 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Century: Exited Midland, Ontario refrigerated dough facility. Affected approx 100 positions.
2016-05-29restructuringin_progress4002015-11-012018-05-27United StatesU.S. Retail; International; Convenience Stores and FoodserviceUSD 82 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Century: Exited New Albany, IN refrigerated dough facility. Affected approx 400 positions.
2016-05-29restructuringcompleted1752015-08-012016-05-29United StatesU.S. Retail; Convenience Stores and FoodserviceUSD 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.
2016-05-29restructuringcompleted4302015-08-012016-05-29United StatesU.S. Retail SegmentUSD 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.
2016-05-29restructuringin_progress2402015-06-012017-05-28InternationalInternational SegmentUSD 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.
2016-05-29restructuringin_progressUSD 229,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-05-29restructuringin_progress Cost Of SalesUSD 78,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-05-29restructuringin_progress Restructuring ChargesUSD 151,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-05-29restructuringin_progress International / Quarter One Fiscal2016 Project CompassUSD 54,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-05-29restructuringin_progress500 U S / Quarter One Fiscal2016 Project Century Exit West Chicago FacilityUSD 79,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress120 U S / Quarter One Fiscal2016 Project Century Exit Joplin FacilityUSD 6,300,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress100 Quarter Three Fiscal2015 Project Century Exit Midland FacilityUSD 2,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress400 Quarter Three Fiscal2015 Project Century Exit New Albany FacilityUSD 17,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress175 U S Retail And Convenience Stores And Foodservice Segment / Quarter Two Fiscal2015 Project Century Exit Methuen FacilityUSD 15,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress430 U S / Quarter Two Fiscal2015 Project Century Exit Lodi FacilityUSD 30,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress Project Century Miscellaneous CostsUSD 1,100,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-05-29restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 182,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-05-29restructuringin_progress Actions Previously AnnouncedUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-05-29restructuringin_progress Quarter One Fiscal2015 Combination Of Certain Operational FacilitiesUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-05-29restructuringin_progress Quarter One Fiscal2016 Project CompassUSD 54,700,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-05-29restructuringin_progress725 Minimum / International / Quarter One Fiscal2016 Project Compassrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress775 Maximum / International / Quarter One Fiscal2016 Project Compassrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress285 International / Quarter Two Fiscal2016 Project Century Exit Berwick And East Tamaki Facilitiesrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress240 International / Quarter One Fiscal2015 Combination Of Certain Operational Facilitiesrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-05-29restructuringin_progress750 U S / Quarter Two Fiscal2015 Project Catalystrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress2017-05-31InternationalInternationalUSD 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.
2016-02-28plant_closurein_progress2852017-05-31Berwick, United Kingdom and East Tamaki, New ZealandInternational — supply chainUSD 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.
2016-02-28plant_closurein_progress5002019-05-31West Chicago, Illinois, United StatesU.S. Retail — cereal and dry dinner manufacturingUSD 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.
2016-02-28plant_closurein_progress1202016-05-31Joplin, Missouri, United StatesU.S. Retail — snacks manufacturingUSD 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.
2016-02-28plant_closurein_progress1002018-05-31Midland, Ontario, CanadaU.S. Retail, International, and Convenience Stores and Foodservice — refrigerated doughUSD 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.
2016-02-28plant_closurein_progress4002018-05-31New Albany, Indiana, United StatesU.S. Retail, International, and Convenience Stores and Foodservice — refrigerated doughUSD 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.
2016-02-28plant_closurein_progress2502016-05-31Methuen, Massachusetts, United StatesU.S. Retail and Convenience Stores and Foodservice — yogurt manufacturingUSD 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.
2016-02-28plant_closurein_progress4302016-05-31Lodi, California, United StatesU.S. Retail — cereal and dry mix manufacturingUSD 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.
2016-02-28restructuringcompleted7502015-05-31Primarily United StatesCorporate / overheadUSD 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.
2016-02-28restructuringin_progress2402017-05-31InternationalInternational — Yoplait and General Mills operational facilitiesUSD 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.
2016-02-28divestiture_reductioncompletedNorth AmericaU.S. Retail / International — Green Giant product linesother
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.
2016-02-28acquisition_additioncompleted2014-10-21United StatesU.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.
2016-02-28divestiture_reductionannounced2016-03-16VenezuelaInternational — General Mills de Venezuela CAUSD 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.
2016-02-28restructuringin_progress7502015-07-012015-12-31United StatesCorporate / OverheadUSD 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.
2016-02-28restructuringin_progress7752015-12-012017-05-31InternationalInternational SegmentUSD 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.
2016-02-28plant_closurein_progress5002015-12-012019-05-31West Chicago, Illinois, United StatesU.S. Retail SegmentUSD 114 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Closure of cereal and dry dinner manufacturing plant.
2016-02-28plant_closurein_progress1202015-12-012016-05-31Joplin, Missouri, United StatesU.S. Retail SegmentUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Closure of snacks manufacturing facility.
2016-02-28plant_closurein_progress1002015-10-012018-05-31Midland, Ontario, CanadaU.S. Retail, International, Convenience Stores and FoodserviceUSD 23 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Exit refrigerated dough capacity facility.
2016-02-28plant_closurein_progress4002015-10-012018-05-31New Albany, Indiana, United StatesU.S. Retail, International, Convenience Stores and FoodserviceUSD 84 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Exit refrigerated dough capacity facility.
2016-02-28plant_closurein_progress2502015-07-012016-05-31Methuen, Massachusetts, United StatesU.S. Retail, Convenience Stores and FoodserviceUSD 64 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Consolidate yogurt manufacturing capacity.
2016-02-28plant_closurein_progress4302015-07-012016-05-31Lodi, California, United StatesU.S. RetailUSD 85 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Eliminate excess cereal and dry mix capacity.
2016-02-28restructuringin_progress2852016-01-012017-05-31Berwick, United Kingdom; East Tamaki, New ZealandInternational SegmentUSD 52 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Closure of manufacturing facilities in International segment supply chain.
2016-02-28restructuringin_progress2402014-12-012017-05-31InternationalInternational SegmentUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Combination of certain Yoplait and General Mills operational facilities.
2016-02-28divestiture_reductioncompleted2015-11-012015-11-30North AmericaU.S. Retail / Internationalrestructuring_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.
2016-02-28divestiture_reductionannounced2016-03-162016-05-31VenezuelaInternational SegmentUSD 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.
2016-02-28restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 43,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-02-28restructuringin_progress Quarter One Fiscal2016 Project CompassUSD 52,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-02-28restructuringin_progress Quarter One Fiscal2015 Combination Of Certain Operational FacilitiesUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-02-28restructuringin_progress Restructuring Actions Previously AnnouncedUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-02-28restructuringin_progress Restructuring ChargesUSD 16,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-02-28restructuringin_progress Cost Of SalesUSD 60,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-02-28restructuringin_progress Restructuring Actions Previously Announced Project CenturyUSD 1,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-02-28restructuringin_progress500 U S / Quarter One Fiscal2016 Project Century Exit West Chicago FacilityUSD 8,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress120 U S / Quarter One Fiscal2016 Project Century Exit Joplin FacilityUSD 8,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress International / Quarter One Fiscal2016 Project CompassUSD 52,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-02-28restructuringin_progress430 U S / Quarter Two Fiscal2015 Project Century Exit Lodi FacilityUSD 9,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress250 U S Retail And Convenience Stores And Foodservice Segments / Quarter Two Fiscal2015 Project Century Exit Methuen FacilityUSD 13,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progressUSD 34,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-02-28restructuringin_progress400 Quarter Three Fiscal2015 Project Century Exit New Albany FacilityUSD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress100 Quarter Three Fiscal2015 Project Century Exit Midland FacilityUSD 1,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress285 International / Quarter Two Fiscal2016 Project Century Exit Berwick And East Tamaki FacilitiesUSD 17,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress750 Quarter Two Fiscal2015 Project Catalystrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress725 International / Quarter One Fiscal2016 Project Compass / Minimumrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress775 International / Quarter One Fiscal2016 Project Compass / Maximumrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2016-02-28restructuringin_progress240 International / Quarter One Fiscal2015 Combination Of Certain Operational Facilitiesrestructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2015-11-29restructuringin_progress2015-082017-05InternationalInternationalrestructuring_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.
2015-11-29plant_closurein_progress2652015-112017-05United KingdomInternational — 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.
2015-11-29plant_closurein_progress202015-112017-05New ZealandInternational — 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.
2015-11-29plant_closurein_progress5002015-082019-05United StatesU.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.
2015-11-29plant_closurein_progress1202015-082018-05United StatesU.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.
2015-11-29plant_closurein_progress2502014-112016-05United StatesU.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.
2015-11-29plant_closurein_progress4302014-112016-05United StatesU.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.
2015-11-29restructuringcompleted8002014-112015-05United StatesPrimarily corporate/overhead functionsUSD 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.
2015-11-29restructuringin_progress2402014-082017-05InternationalInternational — combination of Yoplait and General Mills operational facilitiesUSD 15 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approved Q1 FY2015; approximately $15M net expenses expected, about $12M cash.
2015-11-29restructuringin_progress7502015-06-012017-05-31InternationalInternational SegmentUSD 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.
2015-11-29plant_closurein_progress2652015-08-302017-05-31United KingdomInternational SegmentUSD 49 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Close Berwick dough/dry mix facility. Expected total charges $46-51M.
2015-11-29plant_closurein_progress202015-08-302017-05-31New ZealandInternational SegmentUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Close East Tamaki pasta facility. Expected net expenses less than $1M.
2015-11-29plant_closurein_progress5002015-06-012019-05-31United StatesU.S. Retail SegmentUSD 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.
2015-11-29plant_closurein_progress1202015-06-012018-05-31United StatesU.S. Retail SegmentUSD 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.
2015-11-29plant_closurein_progress2502014-08-312016-05-31United StatesU.S. Retail and Convenience Stores and Foodservice SegmentsUSD 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.
2015-11-29plant_closurein_progress4302014-08-312016-05-31United StatesU.S. Retail SegmentUSD 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.
2015-11-29restructuringin_progress8002014-08-312015-05-31United StatesCorporate / GeneralUSD 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.
2015-11-29restructuringin_progress2402014-06-012017-05-31InternationalInternational SegmentUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Combine Yoplait and General Mills operational facilities. Expected net expenses $15M.
2015-11-29restructuringin_progress Quarter One Fiscal2016 Project CompassUSD 2,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 81,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progressUSD 83,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress800 Quarter Two Fiscal2015 Project CatalystUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
Expected positions to be eliminated
2015-11-29restructuringin_progress Quarter One Fiscal2015 Combination Of Certain Operational FacilitiesUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Restructuring Actions Previously AnnouncedUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Cost Of SalesUSD 21,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Restructuring ChargesUSD 61,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Restructuring Actions Previously Announced Project CenturyUSD 2,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Quarter One Fiscal2016 Project Century Exit West Chicago Facility / U SUSD 64,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Quarter One Fiscal2016 Project Century Exit Joplin Facility / U SUSD 7,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Quarter One Fiscal2016 Project Compass / InternationalUSD 2,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Quarter Two Fiscal2016 Project Century Exit East Tamaki Facility / InternationalUSD 400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Quarter Two Fiscal2015 Project Century Exit Lodi Facility / U SUSD 7,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-11-29restructuringin_progress Quarter Two Fiscal2015 Project Century Exit Methuen Facility / U S Retail And Convenience Stores And Foodservice SegmentsUSD 3,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-30restructuringin_progress2017-05InternationalInternational segment — organizational and administrative functionsUSD 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.
2015-08-30restructuringin_progressNorth AmericaManufacturing 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.
2015-08-30plant_closureannounced5002019-05United StatesU.S. Retail supply chain — cereal and dry dinner productionUSD 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.
2015-08-30plant_closurein_progress1202018-05United StatesU.S. Retail supply chain — snacks manufacturingUSD 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.
2015-08-30restructuringin_progress8002015-05Primarily United StatesCorporate and overhead functionsUSD 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.
2015-08-30restructuringin_progress2402016-05InternationalInternational segment — Yoplait and General Mills operational facilitiesUSD 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).
2015-08-30restructuringin_progress7002015-06-012017-05-31InternationalInternational SegmentUSD 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.
2015-08-30plant_closureannounced5002015-06-012019-05-31West Chicago, IllinoisU.S. RetailUSD 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.
2015-08-30plant_closurein_progress1202015-06-012018-05-31Joplin, MissouriU.S. RetailUSD 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.
2015-08-30restructuringin_progress8002015-02-012016-05-31United StatesCorporate / GeneralUSD 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.
2015-08-30restructuringin_progress2402014-11-012016-05-31InternationalInternational SegmentUSD 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).
2015-08-30restructuringin_progress Quarter One Fiscal2016 Project CompassUSD 51,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-30restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 30,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-30restructuringin_progress Quarter One Fiscal2015 Combination Of Certain Operational FacilitiesUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-30restructuringin_progressUSD 81,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-30restructuringin_progress Quarter Two Fiscal2015 Project CatalystUSD 200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-30restructuringin_progress Cost Of SalesUSD 21,800,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-30restructuringin_progress Restructuring ChargesUSD 60,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-30restructuringin_progress Restructuring Actions Previously Announced Project CenturyUSD 25,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-08-30restructuringin_progress Quarter One Fiscal2016 Project Compass / InternationalUSD 51,500,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-05-31restructuringcompleted800United StatesU.S. Retail and corporate organizationsUSD 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
2015-05-31plant_closurein_progress1002018-05-31CanadaRefrigerated 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
2015-05-31plant_closurein_progress4002018-05-31United StatesRefrigerated 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
2015-05-31plant_closurein_progress2502016-05-31United StatesYogurt 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
2015-05-31plant_closurein_progress4302016-05-31United StatesCereal 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
2015-05-31restructuringin_progress2402016-05-31InternationalInternational 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
2015-05-31acquisition_additioncompleted2014-10-212014-10-21United StatesU.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
2015-05-31restructuringannounced2017-05-31InternationalInternational segmentUSD 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
2015-05-31restructuringin_progress8002015-02-012015-05-31United StatesCorporate / OverheadUSD 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.
2015-05-31restructuringin_progress1002015-02-012018-05-31CanadaManufacturingUSD 7 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Century: Exit Midland, Ontario facility. Affects approx 100 positions.
2015-05-31restructuringin_progress4002015-02-012018-05-31United StatesManufacturingUSD 51 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Century: Exit New Albany, Indiana facility. Affects approx 400 positions.
2015-05-31restructuringin_progress2502015-02-012016-05-31United StatesManufacturingUSD 44 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Century: Exit Methuen, Massachusetts yogurt facility. Affects approx 250 positions.
2015-05-31restructuringin_progress4302015-02-012016-05-31United StatesManufacturingUSD 63 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project Century: Exit Lodi, California cereal/dry mix facility. Affects approx 430 positions.
2015-05-31restructuringin_progress2402015-02-012016-05-31InternationalManufacturingUSD 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.
2015-05-31restructuringannounced7002015-06-012017-05-31InternationalAdministrativeUSD 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.
2015-05-31restructuringin_progressUSD 343,500,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Quarter Two Fiscal2015 Project CatalystUSD 148,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 181,800,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Quarter One Fiscal2015 Combination Of Certain Operational FacilitiesUSD 13,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Actions Previously AnnouncedUSD -600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Cost Of SalesUSD 59,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Restructuring ChargesUSD 283,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress800 Quarter Two Fiscal2015 Project Catalyst / Scenario ForecastUSD 148,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2015-05-31restructuringin_progress Quarter Two Fiscal2015 Project Century Exit Lodi Facility / U SUSD 63,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Quarter Two Fiscal2015 Project Century Exit Methuen Facility / U S Retail And Convenience Stores And Foodservice SegmentUSD 43,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Quarter Three Fiscal2015 Project Century Exit New Albany FacilityUSD 51,300,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Quarter Three Fiscal2015 Project Century Exit Midland FacilityUSD 6,500,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Project Century Miscellaneous CostsUSD 17,200,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-05-31restructuringin_progress Quarter One Fiscal2015 Combination Of Certain Operational Facilities / InternationalUSD 13,900,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-02-22restructuringin_progress8002015-05-31United StatesCorporate / overhead functionsUSD 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.
2015-02-22plant_closurein_progress1002018-05-31Canada (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.
2015-02-22plant_closurein_progress4002018-05-31United 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.
2015-02-22plant_closurein_progress2502016-05-31United 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.
2015-02-22plant_closurein_progress4302016-05-31United 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.
2015-02-22restructuringin_progress2402016-05-31InternationalInternational segment — combination of certain Yoplait and General Mills operational facilitiesUSD 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.
2015-02-22acquisition_additioncompleted2014-10-21United 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.
2015-02-22restructuringin_progress8002014-11-232015-05-31United StatesCorporate / OverheadUSD 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.
2015-02-22plant_closurein_progress1002014-11-232018-05-31Midland, Ontario, CanadaU.S. Retail, International, Convenience Stores and FoodserviceUSD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Exit of refrigerated dough facility.
2015-02-22plant_closurein_progress4002014-11-232018-05-31New Albany, IndianaU.S. Retail, International, Convenience Stores and FoodserviceUSD 88 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Exit of refrigerated dough facility.
2015-02-22plant_closurein_progress2502014-11-232016-05-31Methuen, MassachusettsU.S. Retail, Convenience Stores and FoodserviceUSD 70 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Consolidation of yogurt manufacturing capacity.
2015-02-22plant_closurein_progress4302014-11-232016-05-31Lodi, CaliforniaU.S. RetailUSD 100 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project Century: Elimination of excess cereal and dry mix capacity.
2015-02-22restructuringin_progress2402014-08-242016-05-31InternationalInternationalUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Combination of certain Yoplait and General Mills operational facilities to increase efficiencies.
2015-02-22restructuringin_progress Quarter Two Fiscal2015 Project CatalystUSD 1,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 69,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Quarter One Fiscal2015 Combination Of Certain Operational FacilitiesUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Actions Previously AnnouncedUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progressUSD 71,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Cost Of SalesUSD 21,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Restructuring ChargesUSD 49,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Quarter Three Fiscal2015 Project Century Exit Midland FacilityUSD 5,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Quarter Three Fiscal2015 Project Century Exit New Albany FacilityUSD 47,400,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Quarter Two Fiscal2015 Project Century Exit Methuen Facility / U S Retail And Convenience Stores And Foodservice SegmentsUSD 9,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Quarter Two Fiscal2015 Project Century Exit Lodi Facility / U SUSD 8,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-02-22restructuringin_progress Project Century Miscellaneous CostsUSD 17,300,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-23restructuringin_progress2015-05-31United StatesCorporate (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.
2014-11-23plant_closurein_progress2016-05-31United States (Methuen, MA)U.S. Retail and Convenience Stores and Foodservice supply chainsUSD 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.
2014-11-23plant_closurein_progress2016-05-31United States (Lodi, CA)U.S. Retail supply chainUSD 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.
2014-11-23restructuringin_progress2016-05-31InternationalInternational 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.
2014-11-23acquisition_additioncompleted2014-10-21United States (Berkeley, CA)U.S. Retailbusiness_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.
2014-11-23restructuringin_progress7502014-11-232015-05-31United StatesCorporate / OverheadUSD 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.
2014-11-23plant_closurein_progress2502014-11-232016-05-31United StatesU.S. Retail and Convenience Stores and FoodserviceUSD 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.
2014-11-23plant_closurein_progress4302014-11-232016-05-31United StatesU.S. RetailUSD 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.
2014-11-23restructuringin_progress2402014-08-252016-05-31InternationalInternationalUSD 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.
2014-11-23restructuringin_progress Quarter Two Fiscal2015 Project CatalystUSD 145,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-23restructuringin_progress Quarter Two Fiscal2015 Project CenturyUSD 88,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-23restructuringin_progress Quarter One Fiscal2015 Combination Of Certain Operational FacilitiesUSD -100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-23restructuringin_progress Actions Previously AnnouncedUSD -600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-23restructuringin_progressUSD 233,200,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-23restructuringin_progress Cost Of SalesUSD 18,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-11-23restructuringin_progress Restructuring ChargesUSD 214,600,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-24restructuringin_progress2402016-05-31InternationalInternational segment — Yoplait and General Mills operational facilitiesUSD 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.
2014-08-24plant_closureannounced2502017-05-28United States — Methuen, MAU.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.
2014-08-24plant_closureannounced4302017-05-28United States — Lodi, CAU.S. Retail supply chain (Project Century) — cereal and dry mix capacityUSD 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.
2014-08-24restructuringannouncedCorporate 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.
2014-08-24acquisition_additionannounced2014-09-082014-12-31United StatesBranded 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.
2014-08-24restructuringin_progress2402014-08-242016-05-31InternationalInternational 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.
2014-08-24plant_closureannounced2502014-08-242017-05-31United States (Methuen, MA)U.S. Retail and Convenience Stores and FoodserviceUSD 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.
2014-08-24plant_closureannounced4302014-08-242017-05-31United States (Lodi, CA)U.S. RetailUSD 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.
2014-08-24restructuringannounced2014-08-24GlobalCorporate / Overheadsubsequent_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.
2014-08-24restructuringin_progress Employee SeveranceUSD -13,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-08-24restructuringin_progressUSD -13,900,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-05-25restructuringcompleted2014-05-25GlobalAll operating segments and support functionsUSD 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
2014-05-25divestiture_reductioncompleted2014-05-25United StatesU.S. Retailrestructuring_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
2014-05-25restructuringcompleted2012-11-012014-05-25GlobalAll operating segments and support functionsUSD 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.
2014-05-25restructuringin_progress Contract TerminationUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-05-25restructuringin_progressUSD -6,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-05-25restructuringin_progress Employee SeveranceUSD -6,400,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-05-25restructuringin_progress Other Exit CostsUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-02-23restructuringin_progress2014-05-25InternationalInternational segmentUSD 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.
2014-02-23restructuringin_progress2012-11-012014-05-31InternationalInternational SegmentUSD 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.
2014-02-23restructuringin_progress Employee SeveranceUSD -3,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-02-23restructuringin_progressUSD -3,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-24restructuringin_progress2012-06-302014-05-25InternationalInternational segmentUSD 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.
2013-11-24acquisition_additioncompleted2012-08-012012-08-01BrazilInternational segmentbusiness_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.
2013-11-24restructuringin_progress2012-10-012014-05-31InternationalInternational SegmentUSD 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.
2013-11-24restructuringin_progress Employee SeveranceUSD -4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-24restructuringin_progress Contract TerminationUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-24restructuringin_progress Other Exit CostsUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-11-24restructuringin_progressUSD -4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-25restructuringin_progress2012-06-302014-05-25InternationalInternational segmentUSD 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.
2013-08-25acquisition_additioncompleted2012-08-012012-08-01BrazilInternational segmentbusiness_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.
2013-08-25restructuringin_progress2014-05-25InternationalInternational SegmentUSD 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.
2013-08-25restructuringin_progress Employee SeveranceUSD -3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-08-25restructuringin_progressUSD -3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-05-26restructuringin_progressInternationalInternationalUSD 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
2013-05-26restructuringin_progressUnited StatesU.S. RetailUSD 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
2013-05-26restructuringin_progressUnited StatesBakeries and FoodserviceUSD 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
2013-05-26restructuringin_progressUnited StatesCorporate / other previously announced actionsUSD 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
2013-05-26acquisition_additioncompleted2012-08-012012-08-01BrazilInternationalbusiness_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
2013-05-26acquisition_additioncompletedIreland, United States, India, CanadaInternational; U.S. Retailbusiness_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
2013-05-26restructuringin_progress2012-10-012014-05-31GlobalAll segmentsUSD 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.
2013-05-26restructuringin_progress Contract TerminationUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-05-26restructuringin_progressUSD -10,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-05-26restructuringin_progress Employee SeveranceUSD -10,600,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-05-26restructuringin_progress Other Exit CostsUSD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-02-24restructuringin_progress2012-05-272014-05-31GlobalAll operating segments and support functionsUSD 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.
2013-02-24acquisition_additioncompleted2012-08-012012-08-01BrazilInternational segmentbusiness_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.
2013-02-24acquisition_additioncompleted2011-10-012011-10-01FranceInternational segmentbusiness_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.
2013-02-24restructuringin_progress2012-12-312014-05-31GlobalAll segmentsUSD 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.
2013-02-24acquisition_additioncompleted2012-08-01BrazilInternationalbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired Yoki Alimentos S.A. on Aug 1, 2012. Headcount not disclosed.
2013-02-24acquisition_additioncompleted2012-01-01FranceInternationalbusiness_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.
2013-02-24restructuringin_progress Employee SeveranceUSD -8,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-02-24restructuringin_progress Contract TerminationUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-02-24restructuringin_progress Other Exit CostsUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-02-24restructuringin_progressUSD -8,700,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-11-25restructuringin_progress2014-05-25InternationalInternationalUSD 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).
2012-11-25restructuringin_progress2014-05-25United StatesU.S. RetailUSD 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).
2012-11-25restructuringin_progress2014-05-25United StatesBakeries and FoodserviceUSD 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).
2012-11-25acquisition_additioncompleted2012-08-01BrazilInternationalbusiness_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.
2012-11-25restructuringin_progress2012-02-262014-05-26GlobalAll segmentsUSD 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.
2012-11-25restructuringin_progress Employee SeveranceUSD -8,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-11-25restructuringin_progress Contract TerminationUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-11-25restructuringin_progress Other Exit CostsUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-11-25restructuringin_progressUSD -8,100,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-08-26restructuringin_progress2012-03-312014-05-31InternationalInternationalUSD 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.
2012-08-26restructuringin_progress2012-03-312014-05-31United StatesU.S. RetailUSD 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.
2012-08-26restructuringin_progress2012-03-312014-05-31United StatesBakeries and FoodserviceUSD 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.
2012-08-26acquisition_additioncompleted2012-08-01BrazilInternationalbusiness_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.
2012-08-26restructuringin_progress2012-05-272014-05-26GlobalAll segmentsUSD 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.
2012-05-27restructuringin_progress8502014-05GlobalAll operating segments and support functionsUSD 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.
2012-05-27acquisition_additioncompleted2011-07-012011-07-01France, Canada, United Kingdom and other countriesInternational segment — yogurt businessesbusiness_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.
2012-05-27acquisition_additionannouncedBrazilInternational segment — snacks, convenient meals, basic foods, seasoningsbusiness_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.
2012-05-27restructuringin_progress8502012-05-272014-05-31GlobalAll operating segments and support functionsUSD 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.
2012-05-27restructuringin_progress850 Productivity And Cost Savings Planrestructuring_footnote
f5-10k / no-ai-xblr
Expected positions to be eliminated
2011-11-27acquisition_additioncompletedFrance, Canada, United Kingdom (Yoplait S.A.S. operations); worldwide (Yoplait Marques S.A.S.)Internationalbusiness_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.
2011-11-27restructuringin_progressUSD 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.
2011-08-28acquisition_additioncompleted2011-07-01France, Canada, United Kingdom (Yoplait S.A.S. operations); worldwide (Yoplait Marques S.A.S.)Internationalbusiness_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.
2011-05-29restructuringcompleted02011-05-292011-05-29United StatesU.S. RetailUSD 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.
2011-05-29restructuringcompleted02011-05-292011-05-29United StatesU.S. Retail; Bakeries and FoodserviceUSD 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.
2011-05-29acquisition_additioncompletedUnited StatesU.S. Retailbusiness_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
2011-05-29acquisition_additioncompletedAustraliaInternationalbusiness_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
2011-05-29divestiture_reductioncompletedInternationalInternational — foodservice frozen baked goods product linediscontinued_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
2011-05-29divestiture_reductioncompletedUnited StatesBakeries and Foodservice — pie shell product linediscontinued_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
2011-05-29acquisition_additioncompleted2011-05-292011-07-01France; United Kingdom; globalYoplait 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
2011-05-29restructuringcompleted2011-05-292011-05-29United StatesU.S. RetailUSD 2 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Discontinuation of underperforming product line. No employees were affected by these actions.
2011-05-29restructuringcompleted2011-05-292011-05-29GlobalCorporateUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Charges associated with restructuring actions previously announced.
2011-02-27restructuringcompleted2010-11-01United StatesBakeries and FoodserviceUSD 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.
2011-02-27divestiture_reductioncompleted2011-02-27AustraliaInternationalUSD -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.
2010-11-28restructuringin_progress0United StatesU.S. RetailUSD 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.
2010-11-28acquisition_additionannouncedUSD 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.
2010-11-28divestiture_reductionannouncedInternationalUSD 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.
2010-11-28restructuringcompleted2010-05-30United StatesU.S. RetailUSD 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.
2010-11-28plant_closurecompletedBrazilInternationalUSD -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.
2010-08-29restructuringin_progressUSD 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.
2010-05-30restructuringin_progress02010-12-31United StatesU.S. RetailUSD 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
2010-05-30plant_closurecompleted2010-05-30United StatesBakeries and FoodserviceUSD 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
2010-05-30plant_closurecompleted2010-08-31BrazilInternationalUSD -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
2010-05-30restructuringin_progressUnited Statesnot specifiedUSD 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
2010-05-30restructuringcompleted5562009-12-312010-06-30BrazilInternationalUSD 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.
2010-05-30restructuringcompleted02009-12-312010-06-30United StatesU.S. RetailUSD 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.
2010-05-30restructuringin_progress02010-05-302011-06-30United StatesU.S. RetailUSD 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.
2010-05-30restructuringcompleted02010-05-302010-05-30United StatesBakeries and FoodserviceUSD 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.
2010-02-28restructuringin_progress02011-02-28United StatesBakeries and FoodserviceUSD 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).
2010-02-28restructuringin_progress02010-11-30United StatesU.S. RetailUSD 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).
2010-02-28plant_closurecompletedBrazilrestructuring_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.
2010-02-28restructuringin_progress2009-11-302011-05-31United StatesBakeries and FoodserviceUSD 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.
2010-02-28restructuringin_progress2009-08-012011-02-28United StatesU.S. RetailUSD 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.
2010-02-28plant_closurecompletedBrazilInternationalUSD -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.
2009-11-29restructuringin_progress2009-112011-02United StatesU.S. RetailUSD 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.
2009-11-29plant_closurecompletedBrazilBakeries and FoodserviceUSD -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.
2009-11-29restructuringin_progress2009-112011-05United StatesU.S. RetailUSD 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.
2009-11-29plant_closurecompletedBrazilInternationalUSD -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.
2009-11-29restructuringin_progressUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Costs related to previously announced restructuring actions.
2009-08-30plant_closurecompletedBrazilBakeries 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.
2009-08-30plant_closurein_progressCanada (Trenton, Ontario)Frozen dough plantUSD 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.
2009-08-30restructuringin_progressUnited States (Murfreesboro, Tennessee)Product line discontinuation at plantUSD 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.
2009-08-30plant_closurecompletedBrazilBakeries and FoodserviceUSD -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.
2009-08-30plant_closurein_progressCanadaBakeries and FoodserviceUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Costs related to previously announced closure of Trenton, Ontario frozen dough plant.
2009-08-30restructuringin_progressUnited StatesU.S. RetailUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Discontinuation of product line at Murfreesboro, Tennessee plant.
2009-05-31plant_closurein_progress556BrazilInternationalUSD 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.
2009-05-31restructuringin_progress0United StatesU.S. RetailUSD 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.
2009-05-31restructuringcompletedUnited States; CanadaU.S. Retail; Bakeries and FoodserviceUSD 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.
2009-05-31acquisition_additioncompletedUnited StatesU.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.
2009-05-31divestiture_reductioncompletedUnited StatesU.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.
2009-05-31divestiture_reductioncompletedUnited States; CanadaBakeries and Foodservice; U.S. Retailbusiness_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.
2009-05-31restructuringin_progress5562009-05-312010-06-30BrazilInternationalUSD 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.
2009-05-31restructuringin_progress02009-05-312010-06-30United StatesU.S. RetailUSD 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.
2009-05-31restructuringcompleted2009-05-31CanadaBakeries and FoodserviceUSD 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.
2009-02-22plant_closurein_progress4702009-05-31Trenton, Ontario, CanadaBakeries and FoodserviceUSD 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.
2009-02-22plant_closurecompleted1132009-02-22Poplar, Wisconsin, United StatesInternational (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.
2009-02-22plant_closurecompleted1112008-08-31Allentown, Pennsylvania, United StatesFrozen 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.
2009-02-22restructuringcompleted1252009-05-31Chanhassen, Minnesota, United StatesBakeries and FoodserviceUSD 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.
2009-02-22restructuringcompleted382008-08-31United StatesBakeries and FoodserviceUSD 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.
2009-02-22divestiture_reductionannounced2009-05-31United StatesBakeries 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.
2009-02-22plant_closurecompleted4702008-08-012009-05-31Trenton, OntarioBakeries and FoodserviceUSD 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.
2009-02-22plant_closurecompleted1132008-08-012009-05-31Poplar, WisconsinU.S. RetailUSD 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.
2009-02-22plant_closurecompleted1112008-08-012009-05-31Allentown, PennsylvaniaBakeries and FoodserviceUSD 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.
2009-02-22restructuringcompleted1252008-08-012009-05-31Chanhassen, MinnesotaBakeries and FoodserviceUSD 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.
2009-02-22restructuringcompleted382008-08-012008-05-31United StatesBakeries and FoodserviceUSD 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.
2009-02-22acquisition_additioncompleted2008-08-01United StatesU.S. Retailbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Humm Foods, Inc. (maker of Lärabar). Headcount not explicitly disclosed.
2008-11-23plant_closurein_progress1132007-11-252009-01-31Poplar, Wisconsin, United StatesBakeries and FoodserviceUSD 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.
2008-11-23plant_closurein_progress1112007-11-252009-02-28Allentown, Pennsylvania, United StatesBakeries and FoodserviceUSD 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.
2008-11-23plant_closurein_progress4702007-11-252009-02-28Trenton, Ontario, CanadaBakeries and FoodserviceUSD 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.
2008-11-23restructuringin_progress1252007-11-252009-02-28Chanhassen, Minnesota, United StatesBakeries and FoodserviceUSD 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.
2008-11-23plant_closurein_progress4702008-05-262009-02-28Trenton, OntarioBakeries and FoodserviceUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of frozen dough plant; charge includes employee severance and pension curtailment.
2008-11-23plant_closurein_progress1132008-05-262009-01-31Poplar, WisconsinBakeries and FoodserviceUSD 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.
2008-11-23plant_closurecompleted1112008-05-262009-02-28Allentown, PennsylvaniaBakeries and FoodserviceUSD 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.
2008-11-23restructuringcompleted1252008-05-262009-02-28Chanhassen, MinnesotaBakeries and FoodserviceUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring of production scheduling and discontinuation of cake product line.
2008-08-24plant_closurein_progressTrenton, Ontario, CanadaFrozen dough manufacturingUSD 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.
2008-08-24restructuringin_progressChanhassen, Minnesota, United StatesProduction scheduling; cake products line discontinuationUSD 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.
2008-08-24acquisition_additioncompleted2008-05-202008-06-11United StatesU.S. Retail — Small Planet Foods / fruit and nut energy barsbusiness_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.
2008-08-24divestiture_reductionannounced2008-09-15United StatesPop Secret microwave popcorn product linebusiness_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.
2008-08-24plant_closurein_progressTrenton, OntarioFrozen doughUSD 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.
2008-08-24restructuringin_progressChanhassen, MinnesotaProduction scheduling and cake products lineUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Recorded $0.7 million charge related to restructuring action at Chanhassen, Minnesota facility.
2008-08-24acquisition_additioncompleted2008-05-202008-06-11United StatesU.S. RetailUSD 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.
2008-05-25plant_closurein_progress1132009-03-01United 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
2008-05-25plant_closurein_progress1112009-03-01United 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
2008-05-25plant_closurein_progress4702009-03-01Canada (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
2008-05-25restructuringin_progress1252008-08-31United 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
2008-05-25restructuringin_progress382009-03-01United States / CanadaBakeries and FoodserviceUSD 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
2008-05-25acquisition_additioncompleted2008-05-202008-06-11United StatesU.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
2008-05-25plant_closurein_progress1132008-05-252009-09-30Poplar, WisconsinBakeries and FoodserviceUSD 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.
2008-05-25plant_closurein_progress1112008-05-252009-09-30Allentown, PennsylvaniaBakeries and FoodserviceUSD 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.
2008-05-25plant_closurein_progress4702008-05-252009-09-30Trenton, OntarioBakeries and FoodserviceUSD 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.
2008-05-25restructuringin_progress1252008-05-252009-03-31Chanhassen, MinnesotaBakeries and FoodserviceUSD 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.
2008-05-25restructuringin_progress382008-05-25United StatesBakeries and FoodserviceUSD 4 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Charges associated with previously announced Bakeries and Foodservice segment restructuring actions.
2008-02-24plant_closurein_progress1132009-02-28Poplar, Wisconsin, United StatesBakeries 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.
2008-02-24plant_closurein_progress1112009-02-28Allentown, Pennsylvania, United StatesFrozen 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.
2008-02-24plant_closurein_progress4702009-02-28Trenton, Ontario, CanadaBakeries 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.
2008-02-24restructuringin_progress1252008-05-25Chanhassen, Minnesota, United StatesBakeries 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.
2008-02-24restructuringin_progress38United StatesBakeries and FoodserviceUSD 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.
2008-02-24plant_closurein_progress1132008-02-242009-02-28Poplar, WisconsinBakeries and FoodserviceUSD 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.
2008-02-24plant_closurein_progress1112008-02-242009-02-28Allentown, PennsylvaniaBakeries and FoodserviceUSD 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.
2008-02-24plant_closurein_progress4702008-02-242009-02-28Trenton, OntarioBakeries and FoodserviceUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of frozen dough facility; charge largely for severance and pension curtailment charges.
2008-02-24restructuringin_progress1252008-02-242008-05-25Chanhassen, MinnesotaBakeries and FoodserviceUSD 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.
2008-02-24restructuringin_progress382008-02-24United StatesBakeries and FoodserviceUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Additional charge related to previously announced Bakeries and Foodservice segment restructuring actions.
2007-11-25plant_closurein_progress1132009-01-31United States — Poplar, WisconsinU.S. Retail — Old El Paso productionUSD 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.
2007-11-25plant_closurein_progress1112009-02-28United States — Allentown, PennsylvaniaFrozen 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.
2007-11-25plant_closurein_progress4702009-02-28Canada — Trenton, OntarioBakeries and Foodservice — frozen dough facilityUSD 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.
2007-11-25restructuringin_progress1252008-05-31United States — Chanhassen, MinnesotaBakeries and Foodservice — production scheduling change and cake product line discontinuationUSD 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).
2007-11-25divestiture_reductioncompletedUnited States — Chelsea, Massachusetts and Tempe, ArizonaPar-baked bread product lineUSD 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.
2007-11-25acquisition_additioncompletedThailandHD Distributors (Thailand) Company Limitedbusiness_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.
2007-11-25plant_closurein_progress1132007-11-252009-01-31Poplar, WisconsinU.S. RetailUSD 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.
2007-11-25plant_closurein_progress1112007-11-252009-02-28Allentown, PennsylvaniaBakeries and FoodserviceUSD 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.
2007-11-25plant_closurein_progress4702007-11-252009-02-28Trenton, OntarioBakeries and FoodserviceUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of frozen dough facility; charge includes severance and pension curtailment charges.
2007-11-25restructuringin_progress1252007-11-252008-05-25Chanhassen, MinnesotaBakeries and FoodserviceUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring of production scheduling and discontinuation of cake product line.
2007-08-26plant_closurein_progress1112009-02-28Allentown, Pennsylvania, United StatesFrozen 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.
2007-08-26plant_closurein_progress4702009-02-28Trenton, Ontario, CanadaBakeries and Foodservice — frozen dough facilityUSD 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.
2007-08-26restructuringin_progress1252008-05-25Chanhassen, Minnesota, United StatesBakeries and Foodservice — production scheduling restructuring and cake product line discontinuationUSD 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.
2007-08-26acquisition_additioncompletedThailandHD Distributors (Thailand) Company Limitedbusiness_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.
2007-08-26plant_closurein_progress1112007-08-262009-02-28Allentown, PennsylvaniaFrozen 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.
2007-08-26plant_closurein_progress4702007-08-262009-02-28Trenton, OntarioBakeries and Foodservice frozen dough facilityUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes employee severance and pension curtailment charges.
2007-08-26restructuringin_progress1252007-08-262008-05-25Chanhassen, MinnesotaBakeries and FoodserviceUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring of production scheduling and discontinuation of cake product line.
2007-05-27divestiture_reductioncompletedUnited StatesBakeries and FoodserviceUSD 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.
2007-05-27plant_closurecompletedUnited StatesBakeries and FoodserviceUSD 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.
2007-05-27restructuringin_progressUnited StatesBakeries and FoodserviceUSD 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.
2007-05-27acquisition_additioncompletedUnited KingdomInternationalUSD 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.
2007-05-27acquisition_additioncompletedGreeceInternationalUSD 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.
2007-05-27acquisition_additioncompleted2006-07-14AustraliaJoint 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.
2007-05-27plant_closurecompletedSpainInternationalUSD -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.
2007-05-27plant_closurecompleted1012006-05-282007-05-27New Jersey, USABakeries and FoodserviceUSD 13 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of Swedesboro plant.
2007-05-27plant_closurecompleted772006-05-282007-05-27Quebec, CanadaBakeries and FoodserviceUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of production line at Montreal plant.
2007-05-27restructuringcompleted722006-05-282007-05-27Pennsylvania, USABakeries and FoodserviceUSD 4 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Restructuring actions at Allentown plant.
2007-05-27plant_closurecompleted1752005-05-292007-05-27Massachusetts, USABakeries and Foodservicerestructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Relocation of frozen baked goods line from Chelsea plant; completed in fiscal 2007.
2007-02-25restructuringin_progressUnited StatesMultiple segmentsUSD 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.
2007-02-25divestiture_reductioncompletedUnited StatesBakeries and FoodserviceUSD 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.
2007-02-25plant_closurecompletedSpainInternationalUSD 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.
2007-02-25acquisition_additioncompletedUnited KingdomInternationalUSD 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.
2007-02-25acquisition_additioncompletedAustraliaJoint 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.
2007-02-25acquisition_additioncompletedGreeceInternationalUSD 3 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition completed in Q3 FY2007 for $3M. No headcount added disclosed.
2007-02-25restructuringcompletedSwedesboro, New JerseyBakeries and FoodserviceUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance costs associated with the closure of the frozen dough foodservice plant.
2007-02-25restructuringcompletedAllentown, PennsylvaniaBakeries and FoodserviceUSD 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.
2007-02-25restructuringcompletedVariousVariousUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Adjustments to restructuring actions previously announced.
2007-02-25plant_closurecompletedSan Adrian, SpainInternationalUSD -8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of previously closed plant resulted in a gain of $8 million.
2007-02-25divestiture_reductioncompletedChelsea, Massachusetts and Tempe, ArizonaBakeries and FoodserviceUSD 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.
2006-11-26plant_closurecompletedSpainUSD 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.
2006-11-26divestiture_reductioncompletedUnited StatesBakeries and Foodservice — par-baked bread product lineUSD 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.
2006-11-26acquisition_additioncompletedAustraliaInternational — 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.
2006-11-26restructuringcompletedSpainUSD -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.
2006-11-26divestiture_reductioncompletedUnited StatesBakeries and FoodserviceUSD 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.
2006-08-27plant_closurein_progress2006-08-27United StatesBakeries and FoodserviceUSD 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.
2006-08-27acquisition_additioncompleted2006-08-27AustraliaInternationalbusiness_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.
2006-08-27restructuringin_progressUnited StatesBakeries and FoodserviceUSD 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.
2006-08-27plant_closurecompletedSpainInternationalUSD -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.
2006-05-28plant_closurein_progress101United States — Swedesboro, New JerseyFrozen dough foodservice plantUSD 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.
2006-05-28plant_closurein_progress77Canada — Montreal, QuebecFrozen dough foodservice plantUSD 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.
2006-05-28restructuringin_progress72United States — Allentown, PennsylvaniaFrozen waffle plantUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Realignment and modification of product and manufacturing capabilities. Completion timing not disclosed.
2006-05-28restructuringcompleted175United States — Chelsea, MassachusettsFrozen baked goods lineUSD 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.
2006-05-28restructuringcompletedUnited StatesManufacturingUSD 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.
2006-05-28acquisition_additioncompletedFrance, Australia, Singapore and MalaysiaHäagen-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.
2006-05-28acquisition_additionannounced2006-07-14AustraliaCereal Partners Worldwide joint ventureUSD 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.
2006-05-28restructuringcompleted425United States, CanadaFrozen Dough, Frozen Waffle, Frozen Baked GoodsUSD 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.
2006-05-28plant_closurein_progress101Swedesboro, New Jersey, United StatesFrozen dough foodservice plantUSD 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.
2006-05-28plant_closurein_progress77Montreal, Quebec, CanadaFrozen dough foodservice production lineUSD 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.
2006-05-28restructuringin_progress72Allentown, Pennsylvania, United StatesFrozen waffle plantUSD 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.
2006-05-28restructuringcompleted175Chelsea, Massachusetts, United StatesFrozen baked goods line relocationUSD 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.
2006-05-28acquisition_additioncompleted2005-10-312005-10-31Singapore and MalaysiaHäagen-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.
2006-05-28acquisition_additioncompleted2005-11-212005-11-21AustraliaFrozen 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.
2006-05-28acquisition_additioncompleted2006-03-032006-03-03FranceHäagen-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.
2006-02-26plant_closurein_progress101Swedesboro, New Jersey, United StatesFrozen dough foodservice manufacturingUSD 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.
2006-02-26restructuringin_progress60Allentown, Pennsylvania, United StatesFrozen waffle manufacturingUSD 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.
2006-02-26restructuringin_progressUnited StatesSupply chain / manufacturingUSD 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.
2006-02-26acquisition_additioncompletedAustraliaFrozen pastry productsbusiness_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.
2006-02-26acquisition_additioncompletedSingapore and MalaysiaHäagen-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.
2006-02-26restructuringannounced2006-02United KingdomCereal Partners Worldwide (CPW) — ready-to-eat cereal manufacturing plantsUSD 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.
2006-02-26plant_closurein_progress1012006-02-26Swedesboro, New JerseyBakeries and FoodserviceUSD 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.
2006-02-26restructuringin_progress602006-02-26Allentown, PennsylvaniaBakeries and FoodserviceUSD 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.
2006-02-26restructuringannounced2006-02-28United KingdomJoint 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.
2005-11-27restructuringin_progressUnited StatesManufacturing / supply chainUSD 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.
2005-11-27restructuringcompletedUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2006 charge primarily associated with additional asset impairment at one production plant.
2005-11-27restructuringcompletedUSD 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.
2005-08-28restructuringin_progressUnited StatesManufacturing / supply chainUSD 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.
2005-08-28restructuringcompletedUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes $8M asset impairment at production plant and $1M for previously announced actions.
2005-05-29plant_closurein_progress43Vallejo, California, United StatesSupply chain / flour millingrestructuring_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
2005-05-29plant_closurein_progress42Medley, Florida, United StatesSupply chain / par-baked breadrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fiscal 2005 supply chain initiative; site-level charge not allocated within $84M FY2005 total
2005-05-29restructuringin_progress110Swedesboro, New Jersey, United StatesSupply chain / bread productionrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Bread production relocation rather than full site closure; site-level charge not allocated
2005-05-29restructuringin_progress45Cincinnati, Ohio, United StatesSupply chain / Big G cereal productionrestructuring_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
2005-05-29plant_closurein_progress83Iowa City, Iowa, United StatesSupply chain / snacks foods plantrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Snacks plant closure; shortened depreciable life adjustments for this plant recorded in cost of sales
2005-05-29plant_closurein_progress53Trenton, Ontario, CanadaSupply chain / dry mix productionrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Dry mix production closure; site-level charge not allocated
2005-05-29restructuringin_progress175Chelsea, Massachusetts, United StatesSupply chain / frozen baked goodsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Frozen baked goods line relocated to another facility; disclosed as affecting 175 jobs
2005-05-29divestiture_reductioncompleted2005-02-282005-02-28EuropeSnacks (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
2005-05-29divestiture_reductioncompleted2005-04-042005-04-04United StatesLloyd'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
2005-05-29othercompletedUnited StatesUnallocated corporateUSD 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
2005-05-29restructuringin_progressUnited StatesBakeries and FoodserviceUSD 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
2005-05-29restructuringcompleted5512005-05-292005-05-29United States, CanadaSupply Chain, ManufacturingUSD 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.
2005-05-29restructuringcompleted2005-05-292005-05-29United StatesSales, Bakeries and Foodservice, HeadquartersUSD 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.
2005-02-27plant_closurein_progress43Vallejo, California, United StatesFlour millingrestructuring_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.
2005-02-27plant_closurein_progress42Medley, Florida, United StatesPar-baked breadrestructuring_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.
2005-02-27restructuringin_progress110Swedesboro, New Jersey, United StatesBread 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.
2005-02-27restructuringin_progress45Cincinnati, Ohio, United StatesCereal 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).
2005-02-27plant_closurein_progress83Iowa City, Iowa, United StatesSnack foodsrestructuring_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.
2005-02-27restructuringin_progressUnited StatesCorporate / multipleUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
YTD charges tied to previously announced restructuring actions; employee count not disclosed.
2005-02-27restructuringin_progress135United StatesAdministrative organizationsUSD 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.
2005-02-27divestiture_reductionannounced2005-02-282005-02-28EuropeSnack 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.
2005-02-27divestiture_reductionannounced2005-03-212005-04-04United StatesLloyd's Barbecue businesssubsequent_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.
2005-02-27restructuringin_progress3232005-02-27United StatesSupply Chain / ManufacturingUSD 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.
2005-02-27othercompleted1352005-02-27United StatesAdministrativeUSD 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.
2004-11-28plant_closurein_progress432005-05-29Vallejo, California, United StatesSupply Chain / Manufacturing — flour millingrestructuring_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.
2004-11-28plant_closurein_progress422005-05-29Medley, Florida, United StatesSupply Chain / Manufacturing — par-baked breadrestructuring_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.
2004-11-28restructuringin_progress1102005-05-29Swedesboro, New Jersey, United StatesSupply Chain / Manufacturing — bread production relocationrestructuring_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.
2004-11-28restructuringin_progress452005-05-29Cincinnati, Ohio, United StatesSupply Chain / Manufacturing — cereal production realignmentrestructuring_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).
2004-11-28plant_closurein_progress832005-05-29Iowa City, Iowa, United StatesSupply Chain / Manufacturing — snacksrestructuring_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).
2004-11-28restructuringin_progress2005-05-29United StatesCorporate / Supply ChainUSD 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.
2004-11-28restructuringin_progress135United StatesAdministrative organizationsUSD 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.
2004-11-28restructuringin_progress3232004-11-28United StatesSupply Chain / ManufacturingUSD 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.
2004-11-28restructuringin_progress2004-11-28United StatesAdministrativeUSD 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.
2004-11-28restructuringin_progress2004-11-28United StatesOtherUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges associated with previously announced restructuring actions.
2004-08-29plant_closurein_progress43Vallejo, California, United StatesFlour 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.
2004-08-29plant_closurein_progress42Medley, Florida, United StatesPar-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.
2004-08-29restructuringin_progress110Swedesboro, New Jersey, United StatesBread 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.
2004-08-29restructuringin_progress45Cincinnati, Ohio, United StatesCereal 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).
2004-08-29plant_closurein_progress83Iowa City, Iowa, United StatesSnacks 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.
2004-08-29restructuringin_progress135United StatesAdministrative 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.
2004-08-29restructuringin_progress3232004-08-29United StatesSupply Chain / ManufacturingUSD 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.
2004-08-29restructuringin_progress1352004-08-29United StatesAdministrative / CorporateUSD 5 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Termination benefits for changes in various administrative organizations to capture productivity savings.
2004-05-30plant_closurein_progress142NetherlandsUSD 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.
2004-05-30plant_closurein_progress201BrazilUSD 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.
2004-05-30plant_closurein_progress47United 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.
2004-05-30restructuringin_progress132United StatesBakeries and FoodserviceUSD 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.
2004-05-30restructuringin_progressUSD 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.
2004-05-30plant_closurecompleted142NetherlandsUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Severance charge for 142 employees terminated as result of plant closure.
2004-05-30plant_closurecompleted201BrazilUSD 1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Severance charge for 201 employees related to plant closure.
2004-05-30plant_closurecompleted47California, USAUSD 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.
2004-05-30restructuringcompleted132Bakeries and FoodserviceUSD 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.
2004-02-22plant_closurein_progressNetherlands, 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.
2004-02-22plant_closurein_progressUnited StatesFormer Pillsbury facilitiesUSD 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.
2004-02-22restructuringin_progressNetherlands, Brazil, Atwater, CaliforniaUSD 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.
2004-02-22restructuringin_progressNetherlands, Brazil, Atwater, CaliforniaUSD 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.
2003-11-23plant_closurein_progress142NetherlandsUSD 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.
2003-11-23plant_closurein_progress47United States (Atwater, California)Tomato canning facilityUSD 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.
2003-11-23plant_closurein_progress1422003-11-232004-05-30NetherlandsInternationalUSD 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.
2003-11-23plant_closurein_progress472003-11-232004-05-30Atwater, CaliforniaU.S. RetailUSD 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.
2003-08-24plant_closurecompleted264St. Charles, IllinoisUSD 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.
2003-05-25plant_closurein_progress264St. Charles, IllinoisBakeries and FoodserviceUSD 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.
2003-05-25plant_closurein_progress119Hillsdale, MichiganBakeries and Foodservicebusiness_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.
2003-05-25plant_closureannounced3232003-09-30Eden Prairie, MinnesotaBakeries and Foodservicebusiness_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.
2003-05-25plant_closureannounced4212003-09-30St. Louis, MissouriBakeries and Foodservicebusiness_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.
2003-05-25plant_closureannounced2152003-06-30Lithonia, GeorgiaU.S. Retailbusiness_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.
2003-05-25plant_closurecompleted2432003-05-25Denison, TexasU.S. Retailbusiness_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.
2003-05-25restructuringin_progressUnited StatesBakeries and FoodserviceUSD 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.
2003-05-25plant_closurecompleted264St. Charles, IllinoisBakeries and FoodserviceUSD 41 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of St. Charles plant. Charge includes severance and asset write-downs.
2003-05-25plant_closurecompleted119Hillsdale, MichiganBakeries and Foodservicebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of Hillsdale plant producing dry mix products. Included in purchase price allocation.
2003-05-25plant_closurecompleted323Eden Prairie, MinnesotaBakeries and Foodservicebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of Eden Prairie plant producing frozen breakfast products. Included in purchase price allocation.
2003-05-25plant_closurecompleted421St. Louis, MissouriBakeries and Foodservicebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of St. Louis plant producing frozen bakery goods. Included in purchase price allocation.
2003-05-25plant_closurecompleted215Lithonia, GeorgiaU.S. Retailbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of Lithonia plant producing refrigerated dough products. Included in purchase price allocation.
2003-05-25plant_closurecompleted243Denison, TexasU.S. Retailbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closure of Denison plant producing refrigerated dough products. Included in purchase price allocation.
2003-05-25restructuringcompletedUnited StatesVariousUSD 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.
2003-05-25restructuringcompletedUnited StatesVariousUSD 8 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Flour mill, grain and other restructuring/closing charges.
2003-02-23plant_closurein_progress119United States — Hillsdale, MichiganBakeries and Foodservicebusiness_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.
2003-02-23plant_closurein_progress323United States — Eden Prairie, MinnesotaBakeries and Foodservicebusiness_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.
2003-02-23plant_closurein_progress421United States — St. Louis, MissouriBakeries and Foodservicebusiness_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.
2003-02-23plant_closurein_progress215United States — Lithonia, GeorgiaU.S. Retailbusiness_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.
2003-02-23plant_closurein_progress243United States — Denison, TexasU.S. Retailbusiness_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.
2003-02-23plant_closurein_progressUnited States — St. Charles, IllinoisUSD 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.
2003-02-23plant_closurein_progress1192002-11-25Hillsdale, MichiganBakeries and Foodservicerestructuring_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.
2003-02-23plant_closurein_progress3232003-02-232003-09-30Eden Prairie, MinnesotaBakeries and Foodservicerestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of Eden Prairie plant producing frozen breakfast products. Planned to close in fall 2003.
2003-02-23plant_closurein_progress4212003-02-232003-09-30St. Louis, MissouriBakeries and Foodservicerestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of St. Louis plant producing frozen bakery goods. Planned to close in fall 2003.
2003-02-23plant_closurein_progress2152003-02-232003-03-31Lithonia, GeorgiaU.S. Retailrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of Lithonia plant producing refrigerated dough products. Planned to close in spring 2003.
2003-02-23plant_closurein_progress2432003-02-232003-03-31Denison, TexasU.S. Retailrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of Denison plant producing refrigerated dough products. Planned to close in spring 2003.
2003-02-23plant_closurecompletedSt. Charles, IllinoisUSD 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.
2002-11-24plant_closureannounced119Hillsdale, Michigan, United StatesBakeries 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.
2002-11-24plant_closureannounced3232003-09-30Eden Prairie, Minnesota, United StatesBakeries 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.
2002-11-24plant_closureannounced4212003-09-30St. Louis, Missouri, United StatesBakeries 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.
2002-11-24plant_closureannounced2152003-06-30Lithonia, Georgia, United StatesU.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.
2002-11-24plant_closureannounced2432003-06-30Denison, Texas, United StatesU.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.
2002-11-24plant_closurein_progressSt. Charles, Illinois, United StatesCereal productionUSD 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.
2002-11-24plant_closureannounced1192002-08-26Hillsdale, MichiganFoodservicerestructuring_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.
2002-11-24plant_closureannounced3232002-11-242003-11-30Eden Prairie, MinnesotaBakeries and Foodservicerestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Planned closure in fall 2003; produces frozen breakfast products.
2002-11-24plant_closureannounced4212002-11-242003-11-30St. Louis, MissouriBakeries and Foodservicerestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Planned closure in fall 2003; produces frozen bakery goods.
2002-11-24plant_closureannounced2152002-11-242003-06-30Lithonia, GeorgiaU.S. Retailrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Planned closure in spring 2003; produces refrigerated dough products.
2002-11-24plant_closureannounced2432002-11-242003-06-30Denison, TexasU.S. Retailrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Planned closure in spring 2003; produces refrigerated dough products.
2002-11-24plant_closurecompletedSt. Charles, IllinoisUSD 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.
2002-08-25plant_closureannounced1192002-08-25Hillsdale, Michigan, United StatesBakeries 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.
2002-08-25plant_closureannounced2002-08-25St. Charles, Illinois, United StatesManufacturingUSD 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.
2002-08-25acquisition_additioncompleted2001-10-31WorldwidePillsbury 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.
2002-08-25restructuringannounced2002-08-25United StatesPillsbury integration / manufacturing, warehouse and distributionrestructuring_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.
2002-08-25plant_closurecompleted1192002-08-25Hillsdale, MichiganFoodservicerestructuring_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.
2002-08-25plant_closurecompleted2002-08-25St. Charles, IllinoisFoodserviceUSD 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.
2002-05-26acquisition_additioncompleted2001-10-312001-10-31United States, InternationalAll segmentsbusiness_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.
2002-05-26plant_closurecompleted3702002-02-012002-05-26United StatesPillsbury USA — frozen breakfast and Mexican food productsUSD 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
2002-05-26divestiture_reductioncompleted2001-11-132001-11-13United StatesPillsbury dessert and specialty products; Toledo, OH production facilitybusiness_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
2002-05-26restructuringin_progress2001-05-28United StatesCereal manufacturing reconfiguration, flour mills, Squeezit exit, Pillsbury integrationUSD 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.
2002-05-26plant_closurecompleted3702002-02United StatesBakeries and FoodserviceUSD 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.
2002-05-26restructuringin_progress1,078United StatesMultiple — management, supervisory, technical and production personnelUSD 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.
2002-05-26plant_closurecompleted2002-02-01United States — Geneva, IllinoisPillsbury USA — frozen breakfast productsbusiness_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.
2002-05-26plant_closurecompleted2002-02-01United States — Anthony, TexasPillsbury USA — Mexican food productsbusiness_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.
2002-05-26divestiture_reductioncompleted2001-11-13United States — Toledo, OhioPillsbury dessert and specialty products; General Mills cereal productionbusiness_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.
2002-05-26acquisition_additioncompleted2001-10-31WorldwideAll segments — Pillsbury Company worldwide businessesbusiness_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).
2002-05-26divestiture_reductioncompleted2001-12-26United StatesIce 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.
2002-02-24plant_closureannounced3702002-02United States (Geneva, Illinois and Anthony, Texas)Pillsbury manufacturing operationsUSD 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.
2002-02-24acquisition_additioncompleted2001-10-312001-10-31GlobalPillsbury worldwide operationsbusiness_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.
2002-02-24divestiture_reductioncompleted2001-11-132001-11-13United StatesPillsbury dessert and specialty products, flour, and related brandsbusiness_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.
2002-02-24divestiture_reductioncompleted2001-12-262001-12-26United StatesIce 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.
2002-02-24restructuringannounced2002-02United StatesManufacturing, warehouse and distributionbusiness_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.
2002-02-24plant_closureannounced3702002-02United StatesManufacturingUSD 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.
2001-11-25acquisition_additioncompleted2001-10-312001-10-31GlobalPillsbury worldwide operationsbusiness_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.
2001-11-25divestiture_reductioncompleted2001-11-132001-11-13United StatesPillsbury dessert and specialty products; General Mills brands; Toledo production facilitybusiness_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.
2001-11-25plant_closurein_progressUnited StatesU.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.
2001-11-25restructuringin_progressUnited StatesPillsbury integrationUSD 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.
2001-11-25restructuringin_progressUnited StatesSqueezit beverage businessUSD 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.
2001-11-25divestiture_reductionannounced2001-12-26United StatesIce 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.
2001-11-25restructuringannouncedUnited StatesPillsbury facilities — manufacturing, warehouse and distribution consolidationbusiness_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.
2001-11-25restructuringin_progressUnited StatesCereal ProductionUSD 87 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Cereal reconfiguration charges associated with sale of Toledo plant.
2001-11-25restructuringin_progressPillsbury IntegrationUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Pillsbury integration costs for the second quarter.
2001-11-25restructuringin_progressSqueezit BeverageUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges for exit from Squeezit beverage business (YTD).
2001-11-25acquisition_additioncompleted2001-10-31WorldwidePillsbury Operationsbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of worldwide Pillsbury operations from Diageo plc.
2001-11-25divestiture_reductioncompleted2001-11-13United StatesDessert and Specialty Productsbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of Pillsbury dessert and specialty products businesses to International Multifoods Corporation.
2001-08-26restructuringin_progressUnited StatesSQUEZIT beverage businessUSD 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.
2001-08-26acquisition_additionannounced2000-07GlobalPillsbury worldwide operationsother
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.
2001-08-26divestiture_reductionannounced2001-02-05United States; CanadaPillsbury 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.
2001-08-26restructuringcompletedSQUEEZIT beverage businessUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Exit from SQUEEZIT beverage business; charge primarily severance.
2001-05-27restructuringin_progressUnited StatesSnacks 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.
2001-05-27otherin_progressUnited StatesCorporate (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.
2001-05-27restructuringcompleted1501999-05-302000-05-28United StatesSupply ChainUSD 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.
2001-05-27restructuringin_progress2001-02-25United StatesSnacksUSD 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.
2000-08-27acquisition_additionannounced2000-07-162000-12-31WorldwidePillsbury worldwide operationsbusiness_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.
2000-05-28restructuringcompleted2000-05-28United States; CanadaManufacturing, distribution, sales, foodservice, millingUSD 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.
2000-05-28acquisition_additioncompleted2000-01-132000-01-13United StatesOrganic 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.
2000-05-28acquisition_additioncompleted1999-08-121999-08-12United StatesSnacks (Gardetto's snack mixes)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Gardetto's Bakery, Inc. No headcount disclosed.
2000-05-28acquisition_additioncompleted1999-06-301999-06-30United StatesGrain elevators / millingbusiness_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.
2000-05-28acquisition_additionannounced2000-07-162000-12-31WorldwidePillsbury worldwide operationssubsequent_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.
2000-05-28restructuringcompleted1999-06-012000-05-28GlobalManufacturing, Distribution, SalesUSD 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.
2000-05-28restructuringcompleted1998-06-011999-05-31United States, CanadaCereal, Sales, Trade PromotionUSD 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.
2000-05-28restructuringcompleted1502000-05-28United StatesManufacturing 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.
2000-05-28restructuringcompleted2351999-05-30United States; Canada (Ontario)Cereal manufacturing; sales regions; trade and promotionUSD 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.
2000-05-28acquisition_additioncompleted2000-01-13United StatesOrganic 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.
2000-05-28acquisition_additioncompleted1999-08-12United StatesSnacks (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.
2000-05-28acquisition_additionannounced2000-07-16WorldwidePillsbury worldwide operationssubsequent_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.
2000-02-27acquisition_additioncompleted1999-06-30United StatesMilling (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
2000-02-27acquisition_additioncompleted1999-08-12United StatesSnacks (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
2000-02-27acquisition_additioncompleted2000-01-13United StatesOrganic 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
2000-02-27restructuringcompleted1999-05-011999-05-30GlobalSupply chain, manufacturing, warehouse, distribution, salesUSD 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.
1999-11-28acquisition_additioncompleted1999-06-30United StatesMilling (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.
1999-11-28acquisition_additioncompleted1999-08-12United StatesSnacks (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.
1999-11-28acquisition_additionannounced1999-12-15United StatesOrganic 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.
1999-11-28restructuringcompleted1998-051999-05-30GlobalSupply chain, manufacturing, warehouse, distribution, salesUSD 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.
1999-08-29acquisition_additioncompleted1999-06-30United StatesGrain elevators and related assetsbusiness_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.
1999-08-29acquisition_additioncompleted1999-08-12United StatesSnacks (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.
1999-05-30restructuringin_progress2000-05-30United StatesManufacturing and distributionUSD 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.
1999-05-30acquisition_additioncompleted1999-01-151999-01-15United StatesRefrigerated entreesbusiness_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.
1999-05-30acquisition_additioncompleted1999-02-101999-02-10United StatesRice and pasta side-dish mixesbusiness_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.
1999-05-30restructuringin_progress1999-02-282000-05-31GlobalSupply Chain, Manufacturing, DistributionUSD 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.
1999-02-28restructuringin_progress1998-05-011999-05-30United StatesManufacturing and distributionUSD 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.
1999-02-28acquisition_additioncompleted1999-01-151999-01-15United StatesRefrigerated convenience foodsbusiness_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.
1999-02-28acquisition_additioncompleted1999-02-101999-02-10United StatesRice and pasta side-dish mixesbusiness_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.
1999-02-28restructuringin_progress1999-02-281999-05-30GlobalManufacturing and DistributionUSD 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.
1999-02-28acquisition_additioncompleted1999-01-15United StatesConvenience Foodsbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Lloyd's Barbeque Company. Headcount not explicitly disclosed.
1999-02-28acquisition_additioncompleted1999-02-10United StatesConvenience Foodsbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Farmhouse Foods. Headcount not explicitly disclosed.
1998-11-29restructuringin_progress1999-05-30United StatesSupply chain — manufacturing, warehouse, distribution and sales activities across packaged food, foodservice and milling operationsUSD 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.
1998-11-29restructuringin_progress1998-11-291999-05-30GlobalManufacturing, Distribution, SalesUSD 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.
1998-08-30restructuringcompletedEuropeSnack 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.
1998-08-30restructuringcompletedUnited StatesSales and Trade Promotionrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges associated with restructuring sales regions and trade and promotion organization.
1998-05-31plant_closurecompleted1999-05-31United States; CanadaBig 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.
1998-05-31restructuringcompleted1999-05-31EuropeSnack Ventures Europe (SVE) — joint venture with PepsiCorestructuring_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.
1998-05-31restructuringcompleted1999-05-31United StatesSales regions and trade/promotion organizationrestructuring_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.
1998-05-31restructuringcompleted1998-05-311999-05-31North AmericaCereal OperationsUSD 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.
1998-02-22restructuringin_progress1998-05-31United States; CanadaNorth American cereal operationsUSD 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).
1998-02-22restructuringcompletedUnited StatesSales regions; trade and promotion organizationrestructuring_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.
1998-02-22restructuringin_progressEuropeSnack 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.
1998-02-22restructuringin_progress1998-02-221998-05-31North AmericaCereal OperationsUSD 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.
1998-02-22restructuringcompleted1997-11-23EuropeSnack Ventures Europerestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring charges for productivity initiatives primarily related to production consolidation.
1998-02-22restructuringcompleted1997-11-23United StatesSales and Trade Promotionrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charges associated with restructuring sales regions and trade and promotion organization.
1997-11-23restructuringin_progress1998-05-31United States; CanadaNorth 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.
1997-11-23restructuringin_progressUnited StatesSales regions and trade and promotion organizationrestructuring_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.
1997-11-23restructuringin_progressEuropeSnack 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.
1997-11-23restructuringin_progress1997-11-231998-05-31North AmericaCereal operationsUSD 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.
1997-11-23restructuringcompleted1997-08-251997-08-25EuropeSnack 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.
1997-11-23restructuringcompleted1997-08-251997-08-25United StatesSales and Trade Promotionrestructuring_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.
1997-08-24plant_closureannounced1997-09-29United States (Lodi, CA; South Chicago, IL) and Canada (Etobicoke, Ontario)North American cereal operationsUSD 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.
1997-08-24restructuringin_progressUnited StatesSales regions and trade and promotion organizationother
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.
1997-08-24restructuringin_progressEuropeSnack 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.
1997-08-24restructuringannounced1997-09-29North AmericaCereal operationsUSD 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.
1997-05-25acquisition_additioncompleted2401997-01-311997-01-31United StatesCerealsbusiness_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
1997-05-25acquisition_additioncompleted2401997-01-311997-01-31Cincinnati, OhioBranded ready-to-eat cereal and snack mix businessesbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Ralcorp Holdings, Inc. businesses included a manufacturing facility employing 240 people.
1997-05-25restructuringcompleted1995-05-281996-12-31United StatesConsumer foodsUSD 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.
1997-02-23acquisition_additioncompleted2401997-01-31United States (Cincinnati, Ohio)Branded ready-to-eat cereal and snack mix manufacturingbusiness_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.
1997-02-23acquisition_additioncompleted2401997-01-31Cincinnati, OhioBranded ready-to-eat cereal and snack mix businessesbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Ralcorp Holdings, Inc. businesses includes a Cincinnati manufacturing facility employing 240 people.
1996-11-24acquisition_additionannounced2401996-08-131997-01-31United States (Cincinnati, Ohio)Branded ready-to-eat cereal and snack mix manufacturingUSD 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.
1996-11-24acquisition_additionannounced2401996-08-131997-01-31Cincinnati, OhioBranded ready-to-eat cereal and snack mix businessesUSD 570 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Agreement to purchase Ralcorp businesses including facility employing 240 people.
1996-08-25acquisition_additionannounced2401996-08-13United 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.
1996-08-25acquisition_additionannounced2401996-08-13Cincinnati, OhioManufacturingUSD 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.
1996-05-26restructuringcompleted1994-05-301996-05-26United StatesConsumer Foods — manufacturing and sales organizationUSD 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.
1996-05-26acquisition_additionannounced2401996-08-13United States — Cincinnati, OhioReady-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.
1996-05-26restructuringcompleted1995-05-281996-05-26United StatesConsumer FoodsUSD 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.
1996-05-26acquisition_additionannounced2401996-08-13Cincinnati, OhioCereals and SnacksUSD 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.
1996-02-25restructuringin_progress1996-05-26Food manufacturingUSD 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.
1996-02-25restructuringin_progress1995-11-011996-05-26United StatesFood ManufacturingUSD 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.
1995-08-27divestiture_reductioncompleted1995-05-281995-05-28United StatesRestaurant 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.
1995-08-27divestiture_reductioncompleted1995-05-181995-05-18United StatesGorton's frozen and canned seafood products businessother
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.