Company: KHC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001637459-25-000061
Chunk: 16

Company: Kraft Heinz Co
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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)222 (93)Total comprehensive income/(loss)936 711 Comprehensive income/(loss) attributable to noncontrolling interest2 (25)Comprehensive income/(loss) attributable to common shareholders$934 $736 

See accompanying notes to the condensed consolidated financial statements.

2

The Kraft Heinz Company

Condensed Consolidated Balance Sheets

(in millions, except per share data)

(Unaudited)

 March 29, 2025December 28, 2024ASSETSCash and cash equivalents$2,113 $1,334 Trade receivables (net of allowances of $25 at March 29, 2025 and $26 at December 28, 2024)2,257 2,147 Inventories3,591 3,376 Prepaid expenses271 215 Marketable securities674 — Other current assets552 583 Total current assets9,458 7,655 Property, plant and equipment, net7,157 7,152 Goodwill28,753 28,673 Intangible assets, net40,147 40,099 Other non-current assets4,759 4,708 TOTAL ASSETS$90,274 $88,287 LIABILITIES AND EQUITYCurrent portion of long-term debt678 654 Accounts payable4,122 4,188 Accrued marketing694 697 Interest payable299 263 Other current liabilities1,442 1,451 Total current liabilities7,235 7,253 Long-term debt20,925 19,215 Deferred income taxes9,716 9,679 Accrued postemployment costs134 135 Long-term deferred income1,361 1,374 Other non-current liabilities1,298 1,306 TOTAL LIABILITIES40,669 38,962 Commitments and Contingencies (Note 14)Redeemable noncontrolling interest7 6 Equity: Common stock, $0.01 par value (5,000 shares authorized; 1,257 shares issued and 1,190 shares outstanding at March 29, 2025; 1,254 shares issued and 1,195 shares outstanding at December 28, 2024)12 12 Additional paid-in capital52,169 52,135 Retained earnings2,404 2,171 Accumulated