Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 31

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 31
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 ValueAssetsLiabilitiesAssetsLiabilitiesAssetsLiabilitiesDerivatives designated as hedging instruments:Foreign exchange contracts(a)$— $— $36 $26 $36 $26 Cross-currency contracts(b)— — 200 404 200 404 Derivatives not designated as hedging instruments:Commodity contracts(c)34 28 3 16 37 44 Foreign exchange contracts(a)— — 31 16 31 16 Total fair value$34 $28 $270 $462 $304 $490 (a)    At June 28, 2025, the fair value of our derivative assets was recorded in other current assets ($38 million) and other non-current assets ($29 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($37 million) and other non-current liabilities ($5 million).(b)    At June 28, 2025, the fair value of our derivative assets was recorded in other current assets ($68 million) and other non-current assets ($132 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($22 million) and other non-current liabilities ($382 million).(c)     At June 28, 2025, the fair value of our derivative assets was recorded in other current assets ($36 million) and other non-current assets ($1 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($42 million) and non-current liabilities ($2 million).December 28, 2024Quoted Prices in Active Markets for Identical Assets and Liabilities(Level 1)Significant Other Observable Inputs (Level 2)Total Fair ValueAssetsLiabilitiesAssetsLiabilitiesAssetsLiabilitiesDerivatives designated as hedging instruments:Foreign exchange contracts(a)$— $— $45 $9 $45 $9 Cross-currency contracts(b)— — 137 172 137 172 Derivatives not designated as hedging instruments:Commodity contracts(c)24 37 9 19 33 56 Foreign exchange contracts(a)— — 33 8 33 8 Total fair value$24 $37 $224 $208 $248 $245 (a)    At December 28, 2024, the fair value of our derivative assets was recorded in other current assets