Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 121

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 121
---
 $262 $2,818 Emerging Markets199 148 General corporate expenses(261)(321)Restructuring activities(4)— Unrealized gains/(losses) on commodity hedges17 33 Impairment losses(9,266)(854)Operating income/(loss)(6,778)1,824 Interest expense469 455 Other expense/(income)(98)(8)Income/(loss) before income taxes$(7,149)$1,377 (a)    Adjusted Cost of Products Sold is defined as cost of products sold excluding, when they occur, the impacts of restructuring activities, deal costs, unrealized gains/(losses) on commodity hedges (the unrealized gains and losses are recorded in general corporate expenses until realized; once realized, the gains and losses are recorded in the applicable segment’s operating results), impairment losses, and certain non-ordinary course legal and regulatory matters.(b)    Other segment items for North America and International Developed Markets includes SG&A, primarily for marketing and advertising expenses, employee compensation-related expenses, amortization of definite-lived intangible assets, and research and development costs.Total depreciation and amortization expense by segment was (in millions):For the Three Months EndedFor the Six Months EndedJune 28, 2025June 29, 2024June 28, 2025June 29, 2024Depreciation and amortization expense:North America$161 $154 $316 $300 International Developed Markets38 40 74 80 Total segment depreciation and amortization expense199 194 390 380 Emerging Markets28 27 56 54 General corporate expenses14 18 26 35 Total depreciation and amortization expense$241 $239 $472 $469 Total capital expenditures by segment were (in millions):For the Three Months EndedFor the Six Months EndedJune 28, 2025June 29, 2024June 28, 2025June 29, 2024Capital expenditures:North America$126 $162 $265 $339 International Developed Markets17 25 62 89 Total segment capital expenditures143 187 327 428 Emerging Markets25 25 51 59 General corporate expenses19 37 47 56 Total capital expenditures$187 $249 $425 $543 

29

We manage our product portfolio through eight consumer-driven