Company: KHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001637459-25-000166
Chunk: 23

Company: Kraft Heinz Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 1
Chunk 23
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)Exercise of stock options, issuance of other stock awards, and other— 20 — — (2)1 19 Balance at September 28, 2024$12 $52,106 $521 $(2,547)$(1,764)$135 $48,463 

See accompanying notes to the condensed consolidated financial statements.

5

The Kraft Heinz Company

Condensed Consolidated Statements of Cash Flows

(in millions)

(Unaudited)

For the Nine Months EndedSeptember 27, 2025September 28, 2024CASH FLOWS FROM OPERATING ACTIVITIES:Net income/(loss)$(6,496)$614 Adjustments to reconcile net income/(loss) to operating cash flows: Depreciation and amortization717 714 Divestiture-related license income(39)(41)Equity award compensation expense70 83 Deferred income tax provision/(benefit)(488)(277)Postemployment benefit plan contributions(11)16 Goodwill and intangible asset impairment losses9,301 2,282 Nonmonetary currency devaluation26 7 Loss/(gain) on sale of business44 78 Other items, net13 (45)Changes in current assets and liabilities:Trade receivables(53)(83)Inventories(205)(392)Accounts payable312 48 Other current assets(188)(129)Other current liabilities83 (79)Net cash provided by/(used for) operating activities3,086 2,796 CASH FLOWS FROM INVESTING ACTIVITIES:Capital expenditures(596)(777)Purchases of marketable securities(1,358)— Proceeds from sale of marketable securities354 — Proceeds from sale of business, net of cash disposed and working capital adjustments9 5 Payments to acquire intangible assets— (140)Other investing activities, net(19)63 Net cash provided by/(used for) investing activities(1,610)(849)CASH FLOWS FROM FINANCING ACTIVITIES:Repayments of long-term debt(677)(607)Proceeds from issuance of long-term debt1,620 594 Dividends paid(1,424)(1,452)Repurchases of common stock(435)(538)Other financing activities, net153 (43)Net cash provided by/(used for) financing activities(763)(2,046)