BUSINESS SEGMENT AND GEOGRAPHIC INFORMATION (Tables)

12 Months Ended

May 31, 2026

Our operating segment results were as follows:


	Fiscal Year 2026
In Millions	North America Retail	International	North America Pet	North America Foodservice	Total
Segment net sales	$10,571.8	$3,043.8	$2,613.3	$2,169.5	$18,398.4
Corporate and other net sales					26.2
Total net sales					$18,424.6
Cost of sales	$6,793.2	$2,235.5	$1,568.6	$1,663.3
Selling, general, and administrative expenses	1,589.6	619.6	545.9	173.2
Segment operating profit	$2,189.0	$188.7	$498.8	$333.0	$3,209.5
Unallocated corporate items					402.3
Divestitures gain, net					(1,049.4)
Restructuring, transformation, impairment, and other exit costs					2,970.8
Operating profit					$885.8


	Fiscal Year 2025
In Millions	North America Retail	International	North America Pet	North America Foodservice	Total
Segment net sales	$11,907.0	$2,797.8	$2,470.8	$2,300.9	$19,476.5
Corporate and other net sales					10.1
Total net sales					$19,486.6
Cost of sales	$7,472.1	$2,110.6	$1,476.4	$1,772.9
Selling, general, and administrative expenses	1,705.0	590.8	493.4	172.6
Segment operating profit	$2,729.9	$96.4	$501.0	$355.4	$3,682.7
Unallocated corporate items					395.5
Divestiture gain					(95.9)
Restructuring, transformation, impairment, and other exit costs					78.3
Operating profit					$3,304.8


	Fiscal Year 2024
In Millions	North America Retail	International	North America Pet	North America Foodservice	Total
Segment net sales	$12,473.4	$2,746.5	$2,375.8	$2,258.7	$19,854.4
Corporate and other net sales					2.8
Total net sales					$19,857.2
Cost of sales	$7,650.8	$2,073.4	$1,446.8	$1,781.9
Selling, general, and administrative expenses	1,742.2	547.9	443.1	161.3
Segment operating profit	$3,080.4	$125.2	$485.9	$315.5	$4,007.0
Unallocated corporate items					333.9
Restructuring, impairment, and other exit costs					241.4
Operating profit					$3,431.7

Net sales for our North America Retail operating units were as follows:

(a)Upon completion of the United States yogurt business divestiture in fiscal 2026, the former U.S. Morning Foods and Canada operating units

were combined into a new Big G Cereal & Canada operating unit. Prior period amounts have been recast to conform to the current period

presentation. This did not result in a change to the composition of our reportable segments or information reviewed by our CODM.

Net sales by class of similar products were as follows:


	Fiscal Year
In Millions	2026	2025	2024
Snacks	$4,138.5	$4,187.4	$4,327.3
Cereal	3,089.7	3,078.6	3,187.5
Convenient meals	2,870.9	2,816.1	2,906.5
Pet	2,766.4	2,585.8	2,382.7
Dough	2,396.0	2,384.2	2,423.6
Baking mixes and ingredients	1,926.1	1,940.2	1,996.0
Yogurt	102.0	1,391.6	1,482.5
Super-premium ice cream	782.7	721.6	728.7
Other	352.3	381.1	422.4
Total	$18,424.6	$19,486.6	$19,857.2

The following tables provide financial information by geographic area:


In Millions	May 31, 2026	May 25, 2025
Land, buildings, and equipment:
United States	$2,965.6	$3,036.6
Non-United States	477.8	596.0
Total	$3,443.4	$3,632.6

GENERAL MILLS INC 10-K