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One of America's food giants just dropped a hint about how the pandemic changed (and didn't change) eating habits.

Why it matters: General Mills — owner of iconic brands like Cheerios, Yoplait and Betty Crocker — won big at the height of COVID-19.

  • How this class of pandemic-era winners fares now gives a glimpse into which habits are sticking and which aren't.

Demand for at-home food is slumping as "offices and schools reopen and the broader economic recovery continues," General Mills said Wednesday.

  • The extreme hoarding and pantry stocking that gave the company a boost is long gone.

The big picture: Companies like General Mills face almost impossible comparisons. Their sales look puny compared to the monster revenue they raked in during the depths of the crisis.

  • "This is the first quarter where we can honestly say it looked more like the pre-pandemic America than the pandemic America," says Tom Essaye, a former trader who writes the Sevens Report.
  • One gauge of General Mills revenue was down 6% from the same time last year — but 4% above pre-pandemic levels.

What's helping: Some pandemic behavior is showing signs of staying power, General Mills CEO Jeff Harmening told analysts today.

Work from home: "Consumers will eat at home more than they did prior to the pandemic and ... use our products more than prior to the pandemic as well," Harmening said.

E-commerce is now 11% of sales — up from 5% before the pandemic. "Anytime you add convenience to someone's lives, it tends to stick."

The other side: Cereal could see a comeback after more time-consuming breakfasts like pancakes saw faster growth during the pandemic.

Worth noting: General Mills is bracing for "the highest level of input cost inflation that we've seen in 10 years," Harmening says.

Transcripts show George Floyd told police "I can't breathe" over 20 times

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Newly released transcripts of bodycam footage from the Minneapolis Police Department show that George Floyd told officers he could not breathe more than 20 times in the moments leading up to his death.

Why it matters: Floyd's killing sparked a national wave of Black Lives Matter protests and an ongoing reckoning over systemic racism in the United States. The transcripts "offer one the most thorough and dramatic accounts" before Floyd's death, The New York Times writes.

The state of play: The transcripts were released as former officer Thomas Lane seeks to have the charges that he aided in Floyd's death thrown out in court, per the Times. He is one of four officers who have been charged.

  • The filings also include a 60-page transcript of an interview with Lane. He said he "felt maybe that something was going on" when asked if he believed that Floyd was having a medical emergency at the time.

What the transcripts say:

  • Floyd told the officers he was claustrophobic as they tried to get him into the squad car.
  • The transcripts also show Floyd saying, "Momma, I love you. Tell my kids I love them. I'm dead."
  • Former officer Derek Chauvin, who had his knee on Floyd's neck for over eight minutes, told Floyd, "Then stop talking, stop yelling, it takes a heck of a lot of oxygen to talk."

Read the transcripts via DocumentCloud.