General Mills (GIS)

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52.09 -0.17  -0.33% NYSE Apr 17, 8:00PM BATS Real time Currency in USD

General Mills Total Liabilities (Quarterly):

16.62B for Feb. 28, 2014

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General Mills Total Liabilities (Quarterly) Chart

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General Mills Historical Total Liabilities (Quarterly) Data

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Data for this Date Range  
Feb. 28, 2014 16.62B
Nov. 30, 2013 16.52B
Aug. 31, 2013 16.12B
May 31, 2013 15.99B
Feb. 28, 2013 15.78B
Nov. 30, 2012 15.97B
Aug. 31, 2012 15.99B
May 31, 2012 14.68B
Feb. 29, 2012 14.52B
Nov. 30, 2011 14.89B
Aug. 31, 2011 15.39B
May 31, 2011 12.31B
Feb. 28, 2011 12.42B
Nov. 30, 2010 12.74B
Aug. 31, 2010 13.09B
May 31, 2010 12.28B
Feb. 28, 2010 11.98B
Nov. 30, 2009 12.47B
Aug. 31, 2009 12.80B
May 31, 2009 12.70B
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About Total Liabilities

Liabilities are obligations of a company arising from past transactions or events which are expected to reduce assets when they are settled.

Note : This is a simple term, but fairly complex topic. A company's balance sheet is made up of three components : Assets, Liabilities, and Shareholder's Equity. Assets are equivalent to the sum of liabilities and shareholder's equity.

Let's say a company sells computers. The assets would be the machinery, the plant, the inventory, etc. the company. However, the value of these assets belong to who funded the company. Is the company backed by obligations/debt (loans from a bank, inventory from a supplier)? or ... The founder / common public's (shareholder's equity)? Most likely, a combination of both.

Simply, liabilities are the part of a company's assets that it has yet to repay back.
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GIS Total Liabilities (Quarterly) Benchmarks

Companies
Kellogg 11.93B
ConAgra Foods 14.81B
Campbell Soup 6.709B

GIS Total Liabilities (Quarterly) Range, Past 5 Years

Minimum 11.98B Feb 2010
Maximum 16.62B Feb 2014
Average 14.26B
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