Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 84

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 84
---
 for the six months ended June 28, 2025 and expenses of $1 million for the three months and $2 million for the six months ended June 29, 2024; and

•SG&A included income of $1 million for the three months and expenses of $5 million for the six months ended June 28, 2025 and expenses of $2 million for the three months and income of $2 million for the six months ended June 29, 2024.

•Other expense/(income) included expenses of $10 million for the three and six months ended June 28, 2025 and income of $1 million for the three and six months ended June 29, 2024

(b)    Gross expenses/(income) included in unrealized losses/(gains) on commodity hedges were income of $16 million ($12 million after-tax) for the three months and income of $17 million ($13 million after-tax) for the six months ended June 28, 2025 and expenses of $1 million (zero after-tax) for the three months and income of $33 million ($26 million after-tax) for the six months ended June 29, 2024, and were recorded in cost of products sold.

(c)    Gross impairment losses included the following:

•Goodwill impairment losses of $6.7 billion ($6.7 billion after-tax) for the three and six months ended June 28, 2025 and $854 million ($854 million after-tax) for the three and six months ended June 29, 2024, which were recorded in SG&A;

•Intangible asset impairment losses of $2.6 billion ($2 billion after-tax) for the three and six months ended June 28, 2025, which were recorded in SG&A.

(d)    Gross expenses/(income) included in losses/(gains) on sale of business were income of $1 million ($14 million after-tax) for the three months and expenses of $79 million ($54 million after-tax) for the six months ended June 29, 2024 and were recorded in other expense/(income).

(e)    Gross expenses included in nonmonetary currency devaluation were $7 million ($7 million after-tax) for the three months and $21 million ($21 million after-tax) for the six months ended June 28, 2025 and $1 million ($1 million after-tax)