Company: KHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001637459-25-000166
Chunk: 121

Company: Kraft Heinz Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 8
Chunk 121
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 ($25 million) and other non-current assets ($2 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($35 million) and other non-current liabilities ($7 million).(b)    At September 27, 2025, the fair value of our derivative assets was recorded in other current assets ($25 million) and other non-current assets ($5 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($2 million) and other non-current liabilities ($184 million).(c)     At September 27, 2025, the fair value of our derivative assets was recorded in other current assets ($37 million) and other non-current assets ($1 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($67 million) and non-current liabilities ($1 million).December 28, 2024Quoted Prices in Active Markets for Identical Assets and Liabilities(Level 1)Significant Other Observable Inputs (Level 2)Total Fair ValueAssetsLiabilitiesAssetsLiabilitiesAssetsLiabilitiesDerivatives designated as hedging instruments:Foreign exchange contracts(a)$— $— $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 ($71 million) and other non-current assets ($7 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($16 million) and other non-current liabilities ($1 million). (b)    At December 28, 2024, the fair value of our derivative assets was recorded in other current assets ($69 million) and other non-current assets ($68 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($34 million) and other non-current liabilities ($138 million).(c)    At December 28, 2024, the fair value of our derivative assets was recorded in other current assets and the fair value of our derivative