{"url_path":"/sec/gis/10-k/2026/item-15","section_key":"item-15","section_title":"Item 15 Exhibits and Financial Statement Schedules","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-01","source_url":"https://www.sec.gov/Archives/edgar/data/40704/0001628280-26-046466-index.html","accession_number":"0001628280-26-046466","cik":"0000040704","ticker":"GIS","issuer_name":"GENERAL MILLS INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/40704/0001628280-26-046466-index.html","primary_entity_key":"0000040704","primary_entity_name":"GENERAL MILLS INC"},"word_count":1710,"has_tables":true,"body_markdown":"ITEM 15 – Exhibits and Financial Statement Schedules\n\n1.Financial Statements:\n\nThe following financial statements are included in Item 8 of this report:\n\nConsolidated Statements of (Loss) Earnings for the fiscal years ended May 31, 2026, May 25, 2025, and May 26, 2024.\n\nConsolidated Statements of Comprehensive (Loss) Income for the fiscal years ended May 31, 2026, May 25, 2025, and\n\nMay 26, 2024.\n\nConsolidated Balance Sheets as of May 31, 2026, and May 25, 2025.\n\nConsolidated Statements of Cash Flows for the fiscal years ended May 31, 2026, May 25, 2025, and May 26, 2024.\n\nConsolidated Statements of Total Equity for the fiscal years ended May 31, 2026, May 25, 2025, and May 26, 2024.\n\nNotes to Consolidated Financial Statements.\n\nReport of Management Responsibilities.\n\nReport of Independent Registered Public Accounting Firm. PCAOB ID: 185.\n\n2.Financial Statement Schedule:\n\nFor the fiscal years ended May 31, 2026, May 25, 2025, and May 26, 2024:\n\nII – Valuation and Qualifying Accounts\n\n94\n\nExhibits:\n\nExhibit No.\n\nDescription\n\n[3.1](https://www.sec.gov/Archives/edgar/data/0000040704/000119312521289374/d224321dex31.htm)\n\nAmended and Restated Certificate of Incorporation of the Company (incorporated herein by\n\nreference to Exhibit 3.1 to the Company’s Current Report on Form 8-K filed October 1, 2021).\n\n[3.2](https://www.sec.gov/Archives/edgar/data/40704/000162828026003542/a20260126ex31.htm)\n\nBy-laws of the Company (incorporated herein by reference to Exhibit 3.1 to the Company’s\n\nCurrent Report on Form 8-K filed January 27, 2026).\n\n[4.1](https://www.sec.gov/Archives/edgar/data/40704/0000040704-96-000006.txt)\n\nIndenture, dated as of February 1, 1996, between the Company and U.S. Bank National\n\nAssociation (f/k/a First Trust of Illinois, National Association) (incorporated herein by\n\nreference to Exhibit 4.1 to the Company’s Registration Statement on Form S-3 filed February\n\n6, 1996 (File no. 333-00745)).\n\n[4.2](https://www.sec.gov/Archives/edgar/data/40704/000095012309021887/c50391exv4w2.htm)\n\nFirst Supplemental Indenture, dated as of May 18, 2009, between the Company and U.S. Bank\n\nNational Association (incorporated herein by reference to Exhibit 4.2 to Registrant’s Annual\n\nReport on Form 10-K for the fiscal year ended May 31, 2009).\n\n[4.3](exhibit43531.htm)\n\nDescription of the Company’s registered securities.\n\n[10.1](https://www.sec.gov/Archives/edgar/data/40704/000095012310088122/c60384exv10w2.htm)*\n\n2001 Compensation Plan for Non-Employee Directors (incorporated herein by reference to\n\nExhibit 10.2 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended\n\nAugust 29, 2010).\n\n[10.2](https://www.sec.gov/Archives/edgar/data/40704/000095012310088122/c60384exv10w5.htm)*\n\n2006 Compensation Plan for Non-Employee Directors (incorporated herein by reference to\n\nExhibit 10.5 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended\n\nAugust 29, 2010).\n\n[10.3](https://www.sec.gov/Archives/edgar/data/40704/000119312515245476/d947722dex106.htm)*\n\n2011 Stock Compensation Plan (incorporated herein by reference to Exhibit 10.6 to the\n\nCompany’s Annual Report on Form 10-K for the fiscal year ended May 31, 2015).\n\n[10.4](https://www.sec.gov/Archives/edgar/data/40704/000119312511347162/d270596dex102.htm)*\n\n2011 Compensation Plan for Non-Employee Directors (incorporated herein by reference to\n\nExhibit 10.2 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended\n\nNovember 27, 2011).\n\n[10.5](https://www.sec.gov/Archives/edgar/data/40704/000119312516798939/d310172dex101.htm)*\n\n2016 Compensation Plan for Non-Employee Directors (incorporated herein by reference to\n\nExhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended\n\nNovember 27, 2016).\n\n[10.6](https://www.sec.gov/Archives/edgar/data/40704/000095012310114560/c61873exv10w1.htm)*\n\nExecutive Incentive Plan (incorporated herein by reference to Exhibit 10.1 to the Company’s\n\nQuarterly Report on Form 10-Q for the fiscal quarter ended November 28, 2010).\n\n[10.7](https://www.sec.gov/Archives/edgar/data/40704/000119312520077160/d802885dex101.htm)*\n\nSeparation Pay and Benefits Program for Officers (incorporated herein by reference to Exhibit\n\n10.1 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended February\n\n23, 2020).\n\n[10.8](https://www.sec.gov/Archives/edgar/data/40704/000119312521092576/d133391dex104.htm)*\n\nSupplemental Savings Plan (incorporated herein by reference to Exhibit 10.4 to the Company’s\n\nQuarterly Report on Form 10-Q for the fiscal quarter ended February 28, 2021).\n\n[10.9](https://www.sec.gov/Archives/edgar/data/40704/000119312521092576/d133391dex101.htm)*\n\nSupplemental Retirement Plan (Grandfathered) (incorporated herein by reference to Exhibit\n\n10.1 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended February\n\n28, 2021).\n\n[10.10](https://www.sec.gov/Archives/edgar/data/40704/000119312521092576/d133391dex103.htm)*\n\n2005 Supplemental Retirement Plan (incorporated herein by reference to Exhibit 10.3 to the\n\nCompany’s Quarterly Report on Form 10-Q for the fiscal quarter ended February 28, 2021).\n\n[10.11](https://www.sec.gov/Archives/edgar/data/40704/000095013709002011/c50087exv10w14.htm)*\n\nDeferred Compensation Plan (Grandfathered) (incorporated herein by reference to Exhibit\n\n10.14 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended February\n\n22, 2009).\n\n[10.12](https://www.sec.gov/Archives/edgar/data/40704/000119312521092576/d133391dex105.htm)*\n\n2005 Deferred Compensation Plan (incorporated herein by reference to Exhibit 10.5 to the\n\nCompany’s Quarterly Report on Form 10-Q for the fiscal quarter ended February 28, 2021).\n\n[10.13](https://www.sec.gov/Archives/edgar/data/40704/000119312511347162/d270596dex103.htm)*\n\nSupplemental Benefits Trust Agreement, amended and restated as of September 26, 1988,\n\nbetween the Company and Norwest Bank Minnesota, N.A. (incorporated herein by reference to\n\nExhibit 10.3 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended\n\nNovember 27, 2011).\n\n95\n\n[10.14](https://www.sec.gov/Archives/edgar/data/40704/000119312511347162/d270596dex104.htm)*\n\nSupplemental Benefits Trust Agreement, dated September 26, 1988, between the Company and\n\nNorwest Bank Minnesota, N.A. (incorporated herein by reference to Exhibit 10.4 to the\n\nCompany’s Quarterly Report on Form 10-Q for the fiscal quarter ended November 27, 2011).\n\n[10.15](https://www.sec.gov/Archives/edgar/data/40704/000119312523238563/d509747dex101.htm)*\n\nForm of Performance Share Unit Award Agreement (incorporated herein by reference to\n\nExhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended\n\nAugust 27, 2023).\n\n[10.16](https://www.sec.gov/Archives/edgar/data/40704/000119312523238563/d509747dex102.htm)*\n\nForm of Stock Option Agreement (incorporated herein by reference to Exhibit 10.2 to the\n\nCompany’s Quarterly Report on Form 10-Q for the fiscal quarter ended August 27, 2023).\n\n[10.17](https://www.sec.gov/Archives/edgar/data/40704/000119312523238563/d509747dex103.htm)*\n\nForm of Restricted Stock Unit Agreement (incorporated herein by reference to Exhibit 10.3 to\n\nthe Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended August 27, 2023).\n\n[10.18](https://www.sec.gov/Archives/edgar/data/40704/000119312517374688/d466309dex101.htm)*\n\nDeferred Compensation Plan for Non-Employee Directors (incorporated herein by reference to\n\nExhibit 10.1 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended\n\nNovember 26, 2017).\n\n[10.19](https://www.sec.gov/Archives/edgar/data/40704/000119312517374688/d466309dex102.htm)*\n\n2017 Stock Compensation Plan (incorporated herein by reference to Exhibit 10.2 to the\n\nCompany’s Quarterly Report on Form 10-Q for the fiscal quarter ended November 26, 2017).\n\n[10.20](https://www.sec.gov/Archives/edgar/data/40704/000119312521092576/d133391dex102.htm)*\n\nSupplemental Retirement Plan I (Grandfathered) (incorporated herein by reference to Exhibit\n\n10.2 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended February\n\n28, 2021).\n\n[10.21](https://www.sec.gov/Archives/edgar/data/40704/000119312521092576/d133391dex106.htm)*\n\nSupplemental Retirement Plan I (incorporated herein by reference to Exhibit 10.6 to the\n\nCompany’s Quarterly Report on Form 10-Q for the fiscal quarter ended  February 28, 2021).\n\n[10.22](https://www.sec.gov/Archives/edgar/data/40704/000119312522255620/d514129dex101.htm)*\n\n2022 Stock Compensation Plan (incorporated herein by reference to Exhibit 10.1 to the\n\nCompany's Current Report on Form 8-K filed September 30, 2022).\n\n[10.23](https://www.sec.gov/Archives/edgar/data/40704/000089710100000853/0000897101-00-000853-0008.txt)\n\nAgreements, dated November 29, 1989, by and between the Company and Nestle S.A.\n\n(incorporated herein by reference to Exhibit 10.15 to the Company’s Annual Report on Form\n\n10-K for the fiscal year ended May 28, 2000).\n\n[10.24](https://www.sec.gov/Archives/edgar/data/40704/000089710101500527/gm012987-ex10_16.txt)\n\nProtocol of Cereal Partners Worldwide, dated November 21, 1989, and Addendum No. 1 to\n\nProtocol, dated February 9, 1990, between the Company and Nestle S.A. (incorporated herein\n\nby reference to Exhibit 10.16 to the Company’s Annual Report on Form 10-K for the fiscal\n\nyear ended May 27, 2001).\n\n[10.2](https://www.sec.gov/Archives/edgar/data/40704/000089710104001455/gm041570s1_ex10-18.txt)5\n\nAddendum No. 2 to the Protocol of Cereal Partners Worldwide, dated March 16, 1993,\n\nbetween the Company and Nestle S.A. (incorporated herein by reference to Exhibit 10.18 to the\n\nCompany’s Annual Report on Form 10-K for the fiscal year ended May 30, 2004).\n\n[10.2](https://www.sec.gov/Archives/edgar/data/40704/000089710100000853/0000897101-00-000853-0002.txt)6\n\nAddendum No. 3 to the Protocol of Cereal Partners Worldwide, effective as of March 15, 1993,\n\nbetween the Company and Nestle S.A. (incorporated herein by reference to Exhibit 10.2 to the\n\nCompany’s Annual Report on Form 10-K for the fiscal year ended May 28, 2000).\n\n[10.2](https://www.sec.gov/Archives/edgar/data/40704/000095012309021887/c50391exv10w26.htm)7+\n\nAddendum No. 4, effective as August 1, 1998, and Addendum No. 5, effective as April 1,\n\n2000, to the Protocol of Cereal Partners Worldwide between the Company and Nestle S.A.\n\n(incorporated herein by reference to Exhibit 10.26 to the Company’s Annual Report on Form\n\n10-K for the fiscal year ended May 31, 2009).\n\n[10.2](https://www.sec.gov/Archives/edgar/data/40704/000095012310027743/c57075exv10w1.htm)8\n\nAddendum No. 10 to the Protocol of Cereal Partners Worldwide, effective January 1, 2010,\n\namong the Company, Nestle S.A., and CPW S.A. (incorporated herein by reference to Exhibit\n\n10.1 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended February\n\n28, 2010).\n\n[10.29](https://www.sec.gov/Archives/edgar/data/40704/000119312524221344/d874379dex101.htm)*\n\nForm of Performance Share Unit Award Agreement (incorporated herein by reference to Exhibit\n\n10.1 to the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended August 25,\n\n2024).\n\n[10.30](https://www.sec.gov/Archives/edgar/data/40704/000119312524221344/d874379dex102.htm)*\n\nForm of Stock Option Agreement (incorporated herein by reference to Exhibit 10.2 to the\n\nCompany’s Quarterly Report on Form 10-Q for the fiscal quarter ended August 25, 2024).\n\n[10.31](https://www.sec.gov/Archives/edgar/data/40704/000119312524221344/d874379dex103.htm)*\n\nForm of Restricted Stock Unit Agreement (incorporated herein by reference to Exhibit 10.3 to\n\nthe Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended August 25, 2024).\n\n[10.32](https://www.sec.gov/Archives/edgar/data/40704/000162828025057598/exhibit101.htm)*\n\nForms of Equity Award Agreements (incorporated herein by reference to Exhibit 10.1 to the\n\nCompany’s Quarterly Report on Form 10-Q for the fiscal quarter ended November 23, 2025).\n\n96\n\n[10.33](exhibit1033531.htm)\n\nFive-Year Credit Agreement, dated as of October 9, 2024, as amended, among the Company,\n\nthe several financial institutions from time to time party to the agreement, and Bank of America,\n\nN.A., as Administrative Agent.\n\n[19.1](https://www.sec.gov/Archives/edgar/data/40704/000119312524168943/d764890dex191.htm)\n\nInsider trading policies of the Company (incorporated herein by reference to Exhibit 19.1 to the\n\nCompany’s Annual Report on Form 10-K for the fiscal year ended May 26, 2024).\n\n[21.1](exhibit211531.htm)\n\nSubsidiaries of the Company.\n\n[23.1](exhibit231531.htm)\n\nConsent of Independent Registered Public Accounting Firm.\n\n[31.1](exhibit311531.htm)\n\nCertification of Chief Executive Officer pursuant to Section 302 of the Sarbanes-Oxley Act of\n\n2002.\n\n[31.2](exhibit312531.htm)\n\nCertification of Chief Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of\n\n2002.\n\n[32.1](exhibit321531.htm)\n\nCertification of Chief Executive Officer pursuant to Section 906 of the Sarbanes-Oxley Act of\n\n2002.\n\n[32.2](exhibit322531.htm)\n\nCertification of Chief Financial Officer pursuant to Section 906 of the Sarbanes-Oxley Act of\n\n2002.\n\n[97.1](https://www.sec.gov/Archives/edgar/data/40704/000119312524168943/d764890dex971.htm)\n\nMandatory Executive Compensation Clawback Policy (incorporated herein by reference to\n\nExhibit 97.1 to the Company’s Annual report on Form 10-K for the fiscal year ended May 26,\n\n2024).\n\n101\n\nThe following materials from the Company’s Annual Report on Form 10-K for the fiscal year\n\nended May 31, 2026, formatted in Inline Extensible Business Reporting Language: (i) the\n\nConsolidated Balance Sheets; (ii) the Consolidated Statements of (Loss) Earnings; (iii) the\n\nConsolidated Statements of Comprehensive (Loss) Income; (iv) the Consolidated Statements of\n\nTotal Equity; (v) the Consolidated Statements of Cash Flows; (vi) the Notes to Consolidated\n\nFinancial Statements; and (vii) Schedule II – Valuation and Qualifying Accounts.\n\n104\n\nCover Page, formatted in Inline Extensible Business Reporting Language and contained in\n\nExhibit 101.\n\n_____________\n\n*Management contract or compensatory plan or arrangement required to be filed as an exhibit pursuant to Item 15 of Form\n\n10-K.\n\n+Confidential information has been omitted from the exhibit and filed separately with the SEC pursuant to Rule 24b-2 of the\n\nSecurities Exchange Act of 1934.\n\nPursuant to Item 601(b)(4)(iii) of Regulation S-K, copies of certain instruments defining the rights of holders of our long-term debt are\n\nnot filed and, in lieu thereof, we agree to furnish copies to the SEC upon request."}