Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 34

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 34
---
es) on foreign exchange cash flow hedges to be approximately $8 million and on interest rate cash flow hedges, foreign exchange fair value hedges, and cross-currency fair value hedges during the next 12 months to be insignificant. Additionally, we expect transfers to net income/(loss) of the existing gains reported in accumulated other comprehensive income/(losses) during the next 12 months on cross-currency cash flow hedges to be insignificant.

17

Derivative Impact on the Statements of Comprehensive Income:The following table presents the pre-tax amounts of derivative gains/(losses) deferred into accumulated other comprehensive income/(losses) and the income statement line item that will be affected when reclassified to net income/(loss) (in millions):Accumulated Other Comprehensive Income/(Losses) ComponentGains/(Losses) Recognized in Other Comprehensive Income/(Losses) Related to Derivatives Designated as Hedging InstrumentsLocation of Gains/(Losses) When Reclassified to Net Income/(Loss)For the Three Months EndedFor the Six Months EndedJune 28, 2025June 29, 2024June 28, 2025June 29, 2024Cash flow hedges:Foreign exchange contracts$(38)$12 $(48)$31 Cost of products soldForeign exchange contracts (excluded component)— (2)(1)(6)Cost of products soldForeign exchange contracts (1)— (2)— SG&AForeign exchange contracts— 6 — 27 Other expense/(income)Foreign exchange contracts (excluded component)— 3 — — Other expense/(income)Cross-currency contracts158 (23)201 (59)Other expense/(income)Cross-currency contracts(4)(7)(10)(15)Interest expenseNet investment hedges:Cross-currency contracts(229)32 (259)106 Other expense/(income)Cross-currency contracts (excluded component)13 12 22 24 Interest expenseFair value hedges:Foreign exchange contracts (excluded component)— — (3)— Other expense/(income)Cross-currency contracts (excluded component)(7)3 22 3 Other expense/(income)Total gains/(losses) recognized in statements of comprehensive income$(108)$36 $(78)$111 

18

Derivative Impact on the Statements of Income:The following tables present the pre-tax amounts of derivative gains/(losses) recorded