Company: KHC
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001637459-25-000011
Chunk: 7

Company: Kraft Heinz Co
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 7
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469 Selling, general and administrative expenses7,285 4,354 4,488 Operating income/(loss)1,683 4,572 3,634 Interest expense912 912 921 Other expense/(income)(85)27 (253)Income/(loss) before income taxes856 3,633 2,966 Provision for/(benefit from) income taxes(1,890)787 598 Net income/(loss)2,746 2,846 2,368 Net income/(loss) attributable to noncontrolling interest2 (9)5 Net income/(loss) attributable to common shareholders$2,744 $2,855 $2,363 Per share data applicable to common shareholders:Basic earnings/(loss)$2.27 $2.33 $1.93 Diluted earnings/(loss)2.26 2.31 1.91 

See accompanying notes to the consolidated financial statements.

55

The Kraft Heinz Company

Consolidated Statements of Comprehensive Income

(in millions)

December 28, 2024December 30, 2023December 31, 2022Net income/(loss)$2,746 $2,846 $2,368 Other comprehensive income/(loss), net of tax:Foreign currency translation adjustments(513)309 (914)Net deferred gains/(losses) on net investment hedges121 (119)343 Amounts excluded from the effectiveness assessment of net investment hedges38 28 32 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss)(38)(27)(28)Net deferred gains/(losses) on cash flow hedges21 3 (72)Amounts excluded from the effectiveness assessment of cash flow hedges6 19 14 Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss)39 (50)26 Amounts excluded from the effectiveness assessment of fair value hedges(23)— — Net deferred losses/(gains) on fair value hedges reclassified to net income/(loss)(3)— — Net actuarial gains/(losses) arising during the period35 (70)(386)Prior service credits/(costs) arising during the period(7)— — Net postemployment benefit losses/(gains) reclassified to net income/(