Company: KHC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001637459-25-000061
Chunk: 38

Company: Kraft Heinz Co
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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 of March 29, 2025. We had no available-for-sale debt securities as of December 28, 2024.

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Note 12.  Accumulated Other Comprehensive Income/(Losses)

The components of, and changes in, accumulated other comprehensive income/(losses), net of tax, were as follows (in millions):Foreign Currency Translation AdjustmentsNet Postemployment Benefit Plan AdjustmentsNet Cash Flow Hedge AdjustmentsNet Fair Value HedgesNet Available-for-Sale Debt SecuritiesTotalBalance as of December 28, 2024$(2,999)$29 $81 $(26)$— $(2,915)Foreign currency translation adjustments309 — — — — 309 Net deferred gains/(losses) on net investment hedges(60)— — — — (60)Amounts excluded from the effectiveness assessment of net investment hedges7 — — — — 7 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss)(7)— — — — (7)Net deferred gains/(losses) on cash flow hedges— — 20 — — 20 Amounts excluded from the effectiveness assessment of cash flow hedges— — (1)— — (1)Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss)— — (58)— — (58)Amounts excluded from the effectiveness assessment of fair value hedges— — — 19 — 19 Net deferred losses/(gains) on fair value hedges reclassified to net income/(loss)— — — (2)— (2)Net deferred gains/(losses) on available-for-sale debt securities— — — — (1)(1)Net postemployment benefit losses/(gains) reclassified to net income/(loss)— (4)— — — (4)Total other comprehensive income/(loss)249 (4)(39)17 (1)222 Balance as of March 29, 2025$(2,750)$25 $42 $(9)$(1)$(2,693)

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The gross amount and related tax benefit/(expense) recorded in, and associated with, each component of other comprehensive income/(loss) were as follows (in millions):For the Three Months Ended