Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 35

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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 to net income/(loss) and the affected income statement line items (in millions):For the Three Months EndedJune 28, 2025June 29, 2024Cost of products soldInterest expenseOther expense/(income)Cost of products soldInterest expenseOther expense/(income)Total amounts presented in the condensed consolidated statements of income in which the following effects were recorded$4,169 $240 $(47)$4,182 $229 $(55)Gains/(losses) related to derivatives designated as hedging instruments:Cash flow hedges:(a)Foreign exchange contracts$5 $— $— $2 $— $6 Foreign exchange contracts (excluded component)— — — (2)— 3 Cross-currency contracts— (5)161 — (7)(14)Net investment hedges:(a)Cross-currency contracts (excluded component)— 16 — — 12 — Fair Value hedges:Foreign exchange contracts— — 31 — — — Cross-currency contracts — — (53)— — (7)Hedged items(b)— — 22 — — 7 Gains/(losses) related to derivatives not designated as hedging instruments:Commodity contracts6 — — (7)— — Foreign exchange contracts— — (2)— — 1 Cross-currency contracts— — 1 — — 2 Total gains/(losses) recognized in statements of income$11 $11 $160 $(7)$5 $(2)(a)    Represents the pre-tax amounts of derivative gains/(losses) reclassified from accumulated other comprehensive income/(losses) to net income/(loss).(b)    Represents the pre-tax amounts of the hedge and hedged items gains/(losses) in fair value hedges.

19

For the Six Months EndedJune 28, 2025June 29, 2024Cost of products soldInterest expenseOther expense/(income)Cost of products soldInterest expenseOther expense/(income)Total amounts presented in the condensed consolidated statements of income in which the following effects were recorded8,104 469 (98)8,350 455 (8)Gains/(losses) related to derivatives designated as hedging instruments:Cash flow hedges:(a)Foreign exchange contracts