Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 107

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 107
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 exchange contracts (1)— (2)— SG&AForeign exchange contracts— 6 — 27 Other expense/(income)Foreign exchange contracts (excluded component)— 3 — — Other expense/(income)Cross-currency contracts158 (23)201 (59)Other expense/(income)Cross-currency contracts(4)(7)(10)(15)Interest expenseNet investment hedges:Cross-currency contracts(229)32 (259)106 Other expense/(income)Cross-currency contracts (excluded component)13 12 22 24 Interest expenseFair value hedges:Foreign exchange contracts (excluded component)— — (3)— Other expense/(income)Cross-currency contracts (excluded component)(7)3 22 3 Other expense/(income)Total gains/(losses) recognized in statements of comprehensive income$(108)$36 $(78)$111 

18

Derivative Impact on the Statements of Income:The following tables present the pre-tax amounts of derivative gains/(losses) recorded 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