Company: KHC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0001637459-25-000061
Chunk: 86

Company: Kraft Heinz Co
Filing Date: 2025-04-29
Form: 10-Q
Item: Part I, Item 8
Chunk 86
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 (a)    At March 29, 2025, the fair value of our derivative assets was recorded in other current assets ($55 million) and other non-current assets ($3 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($14 million) and other non-current liabilities ($3 million).(b)    At March 29, 2025, the fair value of our derivative assets was recorded in other current assets ($72 million) and other non-current assets ($61 million), and the fair value of our derivative liabilities was recorded in other current liabilities ($31 million) and other non-current liabilities ($130 million).(c)     At March 29, 2025, the fair value of our derivative assets was recorded in other current assets and the fair value of our derivative liabilities was recorded in other current liabilities ($56 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