Please consider the excerpts from General Mills Inc. Annual Report for fiscal year 2021, and consider the following questions. Note that fiscal year 2021 ends on May 30, 2021.

1. What is the net book value of General Mills' land, buildings, and equipment at the end of fiscal year 2021?

2. What is the amount of additions to the land, buildings, and equipment account during fiscal year 2021? (Please note that some land, buildings, and equipment are not purchased with cash and non-cash land, buildings, and equipment acquisitions are $100 (in millions) in 2021)?

3. General Mills has disposed of some land, buildings, and equipment during fiscal year 2021. What is the cash generated from the disposed land, buildings, and equipment in year 2021?

4. General Mills has disposed of someproperty, plant, and equipment during fiscal year 2021. Assume that there is noproperty, plant, and equipment impairment over the year.What is the original acquisition cost of the property, plant, and equipment disposed of during the fiscal year 2021?

5. What is the accumulated depreciation / amortization of the disposedproperty, plant, and equipment in fiscal year 2021?

6. What is the gain/loss from disposal of land, buildings, and equipment in fiscal year 2021 if the sale price of the disposed land, buildings, and equipment is fully collected in 2021?

7.Did General Millsdeclare any dividends in fiscal year 2021? Did it pay for all these dividends in cash during the fiscal year 2021? How can you tell?

8. If the Company recognized $100 (in millions) more depreciation expense than currently recorded, what would be the change to Net cash provided by operating activities?

9. How much income taxes and interest did the Company pay in cash during fiscal year 2021?

10. How many shares did the Company repurchase during fiscal year 2021? What was the average price per repurchased share?

Consolidated Balance Sheets GENERAL MILLS, INC. AND SUBSIDIARIES (In Millions, Except Par Value) May 30. 2021 May 31, 2020 ASSETS Current assets: Cash and cash equivalents 1,505.2 $ 1,677.8 Receivables 1,638.5 1,615.1 Inventories 1,820.5 1,426.3 Prepaid expenses and other current assets 790.3 402.1 Total current assets 5,754.5 5,121.3 Land, buildings, and equipment 3,606.8 3,580.6 Goodwill 14,062.4 13,923.2 Other intangible assets 7,150.6 7,095.8 Other assets 1,267.6 1,085.8 Total assets 31,841.9 S 30.806.7 LIABILITIES AND EQUITY Current liabilities: Accounts payable S 3,653.5 S 3.247.7 Current portion of long-term debt 2,463.8 2.331.5 Notes payable 361.3 279.0 Other current liabilities 1,787.2 1,633.3 Total current liabilities 8,265.8 7,491.5 Long-term debt 9,786.9 10,929.0 Deferred income taxes 2,118.4 1.947.1 Other liabilities 1,292.7 1.545.0 Total liabilities 21,463.8 21,912.6 Redeemable interest 604.9 544.6 Stockholders' equity: Common stock, 754.6 shares issued, $0.10 par value 75.5 75.5 Additional paid-in capital 1,365.5 1.348.6 Retained earnings 17,069.8 15,982.1 Common stock in treasury, at cost, shares of 146.9 and 144.8 (6,611.2) (6,433.3) Accumulated other comprehensive loss (2,429.2) (2.914.4) Total stockholders' equity 9,470.4 8,058.5 Noncontrolling interests 302.8 291.0 Total equity 9,773.2 8,349.5 Total liabilities and equity 31,841.9 S 30,806.7Fiscal Year 2021 2020 2019 Shares Amount shares Amount Shares Amount Total equity, beginning balance 7.367.7 6.492 4 Common stock, I billion shares authorized, 50.10 par value 754.6 75 5 754.6 75.5 754.6 75 Additional paid-in capital: Beginning balance 1348.6 1.346.7 1.202 5 Stuck compensation plans 6.1 (12.1) (96.4) Unearned compensation related to stock unit awards (78.0) (85.7) (71.3) Earned compensation 92.8 82.8 Decrease (increase) in redemption value of redeemable interest (33.1) 269.1 Ending balance 1 365.5 1.34K.6 1.386.7 Retained curnings: Beginning balance 15,982.1 14,996.7 14,459.6 Comprehensive income 2.J39.8 2,181.2 1,752 7 Cash dividends declared ($2.02. $1.96. and $1.96 per share) (1,246.4) (1,195.8) (1,1817) Adoption of revenue recognition accounting requirements (33.9) Adoption of current expected credit loss accounting requirements 15.71 Ending balance 17.0 60.8 15.982 14.996.7 Common stock in treasury: Beginning balance (144.8) (6,433.3) (152.7) (6,779.0) (161.5) (7.167.5) Shares purchased (5.0) (301.4) (0. 1) (LD) Stock compensation plans 2.9 123.5 4.0 3491 389.6 Ending balance (146.9) (6.611.2) (144.6) (6,433.3) (152.7) (6,779.0) Accumulated other comprehensive loss: Beginning balance (2.914.4) (2,625.4) (2,429.0) Comprehensive income (loss) 485.2 (289.0) (196.4) Ending balance (2.429 2) (2.914.4) (2 625.4) Noncontrolling interests: Beginning balance 291.0 313.2 351.3 Comprehensive income 04 Distributions to noncontrolling interest holders (26.2) (32.5) (38.5) Ending balance 302.8 291.0 313.2 Total equity, ending balance 9.773.1 8,349.5 7.367.7 Redeemable interest: Beginning balance S 544.6 551.7 S 776.2 Comprehensive income (loss) 83.1 (0.2) (ILD) Increase in investment in redeemable Interest 55.7 (Decrease) increase in redemption value of redeemable interest (0.2) 33.1 (269.1) Distributions to redeemable interest holder (21.7) (40.0) Ending balance 604.9 544.6 551.7Consolidated Statements of Cash Flows GENERAL MILLS, INC. AND SUBSIDIARIES (In Millions) Fiscal Year 2021 2020 2019 Cash Flows - Operating Activities Net carnings, including carings attributable to redeemable and noncontrolling interests 2.346.0 5 2,210.8 5 1,786.2 Adjustments to reconcile net earnings to net cash provided by operating activities: Depreciation and amortization 6013 594.7 620.1 After-tax earnings from joint ventures (117.7) (91.1) (72.0) Distributions of carnings from joint ventures 95.1 76.5 86.7 Stock-based compensation 89.9 919 Deferred income taxes (29.6) 93.5 Pension and other postretirement benefit plan contributions (33.4) 31.1) (28.H) Pension and other postretirement benefit plan costs (33.6 (32 3) 6.1 Divestitures loss 53.5 30.0 Restructuring, impairment, and other cuit costs 150.9 43.6 215.7 Changes in current assets and liabilities, excluding the effects of divestitures (135.9) ry5.9 Other, net (131.8) 45.9 (27.9) Net cash provided by operating activities 2.983.2 3,676.2 2.807.0 Cash Flows - Investing Activities Purchases of land, buildings, and equipment (530.8) (460.8) (537.6) Investments in affiliates, net 15.5 (48.0) 0.1 Proceeds from disposal of land, buildings, and equipment 2.7 1.7 14.3 Proceeds from divestitures 2.9 26.4 Other, net 3.1 (59.7) Net cash used by investing activities (512.8) (486.2) (556.51 Cash Flows - Financing Activities Change in notes payable 71.7 (1,158.6) (66.3) Issuance of long-term debt 1.576.5 1,638. 339.1 Payment of long-term debt (2609.0) (1,396.7) (1.493.8) Debt exchange participation incentive cash payment (201.4) Proceeds from common stock issued on exercised options 74.3 263.4 241.4 Purchases of common stock for treasury (301.4) (3.4 (LI) Dividends paid (1.246.4) (1,195.8) (1,181.7) Investments in redeemable interest 55.7 Distributions to noncontrolling and redeemable interest holders (48.9) (72.5) (38.5) Other, net (34.9) (16.0) (31.2) Net cash used by financing activities (2.715.5) (1.941.5) (2.176.4) Effect of exchange rate changes on cash and cash equivalents 72.5 (20.71 (23.1) (Decrease) increase in cash and cash equivalents (172.6) 1,227.8 51.0 Cash and cash equivalents . beginning of year 1.677.8 450.0 399.0 Cash and cash equivalents . end of year 1.505.2 1,677.8 450.0 Cash flow from changes in current assets and liabilities, exchiding the effects of divestitures Receivables 5 27.9 5 37.9 5 (42.71 Inventones (354.7) 103.1 53.7 Prepaid expenses and other current assets (42.7) 94.2 (1 143) Accounts payable 343.1 392.5 162.4 Other current liabilities (129.5) 166.2 (66.6) Changes in current assets and liabilities (155.9) 793.9 5 (7.5)Supplemental Information The components of certain Consolidated Balance Sheet accounts are as follows: May 30. May 31. In Millions 2021 2020 Receivables: Customers S 1.674.5 5 1.648.3 Less allowance for doubtful accounts (36.0) (33.2) Total 1.638.5 5 .615.1 May 30, May 31. In Millions 2021 2020 Inventories: Finished goods S 1.506.9 S 1.142.6 Raw materials and packaging 411.9 392.2 Grain 111.2 93.6 Excess of FIFO over LIFO cost (a) (209.5) (202.1) Total S 1,8205 S 1.426.3 (a)Inventories of SI, 139.7 million as of May 30, 2021, and 5892.6 million as of May 31, 2020, were valued at LIFO. The difference between replacement cost and the stated LIFO inventory value is not materially different from the reserve for the LIFO valuation method. May 30. May 31. In Millions 2021 2020 Land, buildings, and equipment: Equipment 6.732.7 $ 6,428.0 Buildings 2.542.7 2.412.6 Capitalized software 718.5 668 5 Construction in progress 395.7 373.5 Land 67.4 66.1 Other 8.1 6.1 Total land, buildings, and equipment 10,465.1 9,954.8 Less accumulated depreciation (6,858.3) (6.374.2) Total 3.606.8 5 3.580.6 Certain Consolidated Statements of Cash Flows amounts are as follows: Fiscal Year In Millions 2021 2020 2019 Cash interest payments 412.5 S 4185 5 500.1 Cash paid for income taxes 636.1 403.3 440.8