Company: KHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001637459-25-000166
Chunk: 119

Company: Kraft Heinz Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 8
Chunk 119
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 2025September 28, 2024September 27, 2025September 28, 2024Service cost$1 $1 $4 $5 Interest cost93 100 43 42 Expected return on plan assets(143)(147)(66)(63)Amortization of prior service costs/(credits)1 1 2 1 Amortization of unrecognized losses/(gains)— — 11 9 Settlements11 — — — Special/contractual termination benefits— — — (1)Other— — — (7)Net pension cost/(benefit)$(37)$(45)$(6)$(14)We present all non-service cost components of net pension cost/(benefit) within other expense/(income) on our condensed consolidated statements of income.Employer Contributions:Related to our non-U.S. pension plans, we contributed $4 million during the nine months ended September 27, 2025 and plan to make further contributions of approximately $2 million during the remainder of 2025. We did not contribute to our U.S. pension plans during the nine months ended September 27, 2025 and do not plan to make contributions during the remainder of 2025. Estimated future contributions take into consideration current economic conditions, which at this time are expected to have minimal impact on expected contributions for the remainder of 2025. Our actual contributions and plans may change due to many factors, including changes in tax, employee benefit, or other laws and regulations, tax deductibility, significant differences between expected and actual pension asset performance or interest rates, or other factors.Postretirement PlansComponents of Net Postretirement Cost/(Benefit):Net postretirement cost/(benefit) consisted of the following (in millions):For the Three Months EndedFor the Nine Months EndedSeptember 27, 2025September 28, 2024September 27, 2025September 28, 2024Service cost$1 $1 $2 $2 Interest cost7 8 22 24 Expected return on plan assets(12)(14)(35)(42)Amortization of prior service costs/(credits)(3)(3)(9)(8)Amortization of unrecognized losses/(gains)(7)(5)(20)(16)Net postretirement cost/(benefit)$(14)$(13)$(40)$(40)We