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?

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Consolidated Balance Sheets GENERAL MILLS, INC. AND SUBSIDIARIES (In Millions, Except Par Value) Мay 30, 2021 Мay 31, 2020 ASSETS Current assets: Cash and cash equivalents Receivables Inventories 1,505.2 S 1,638.5 1,820.5 1,677.8 1,615.1 1,426.3 Prepaid expenses and other current assets Total current assets 790.3 402.1 5,754.5 3,606.8 14,062.4 7,150.6 1,267.6 31,841.9 S 5,121.3 3,580.6 13,923.2 7,095.8 1,085.8 30,806.7 Land, buildings, and equipment Goodwill Other intangible assets Other assets Total assets LIABILITIES AND EQUITY Current liabilities: Accounts payable Current portion of long-term debt Notes payable 3,653.5 S 2,463.8 361.3 1,787.2 8,265.8 9,786.9 2,118.4 1,292.7 21,463.8 604.9 3,247.7 2,331.5 279.0 1,633.3 7,491.5 10,929.0 1,947.1 1,545.0 21,912.6 Other current liabilities Total current liabilities Long-tem debt Deferred income taxes Other liabilities Total liabilities Redeemable interest Stockholders' equity: Common stock, 754.6 shares issued, S0.10 par value Additional paid-in capital Retained earnings Common stock in treasury, at cost, shares of 146.9 and 144.8 Accumulated other comprehensive loss Total stockholders' equity Noncontrolling interests Total equity Total liabilities and equity 544.6 75.5 1,365.5 17,069.8 75.5 1,348.6 15,982.1 (6,611.2) (2,429.2) 9,470.4 (6,433.3) (2,914.4) 8,058.5 302.8 291.0 9,773.2 31,841.9 S 8,349.5 30,806.7 Consolidated Balance Sheets GENERAL MILLS, INC. AND SUBSIDIARIES (In Millions, Except Par Value) Мay 30, 2021 Мay 31, 2020 ASSETS Current assets: Cash and cash equivalents Receivables Inventories 1,505.2 S 1,638.5 1,820.5 1,677.8 1,615.1 1,426.3 Prepaid expenses and other current assets Total current assets 790.3 402.1 5,754.5 3,606.8 14,062.4 7,150.6 1,267.6 31,841.9 S 5,121.3 3,580.6 13,923.2 7,095.8 1,085.8 30,806.7 Land, buildings, and equipment Goodwill Other intangible assets Other assets Total assets LIABILITIES AND EQUITY Current liabilities: Accounts payable Current portion of long-term debt Notes payable 3,653.5 S 2,463.8 361.3 1,787.2 8,265.8 9,786.9 2,118.4 1,292.7 21,463.8 604.9 3,247.7 2,331.5 279.0 1,633.3 7,491.5 10,929.0 1,947.1 1,545.0 21,912.6 Other current liabilities Total current liabilities Long-tem debt Deferred income taxes Other liabilities Total liabilities Redeemable interest Stockholders' equity: Common stock, 754.6 shares issued, S0.10 par value Additional paid-in capital Retained earnings Common stock in treasury, at cost, shares of 146.9 and 144.8 Accumulated other comprehensive loss Total stockholders' equity Noncontrolling interests Total equity Total liabilities and equity 544.6 75.5 1,365.5 17,069.8 75.5 1,348.6 15,982.1 (6,611.2) (2,429.2) 9,470.4 (6,433.3) (2,914.4) 8,058.5 302.8 291.0 9,773.2 31,841.9 S 8,349.5 30,806.7

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