LO5 M9-30. Debt Ratings and Capital Structure eral Mills, Inc. General Mills, Inc., reports the following information in cash flow statement for the year ended May NYSE : GIS 27, 2018: a. General Mills reported net income of \$2,163.0 million in the year ended May 2018. What effect did these financing cash flows have on General Mills solvency measures for the year? Explain. b. Would the changes in financing tend to lower or increase the firm's debt rating? (Curfently General Mills' long-term debt is rated at upper medium grade.)