Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 41

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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 Other expense/(income)Losses/(gains) on hedges before income taxes(177)— (266)21 Losses/(gains) on hedges, income taxes46 (4)68 (20)Losses/(gains) on hedges$(131)$(4)$(198)$1 Losses/(gains) on postemployment benefits:Amortization of unrecognized losses/(gains)(e)$(3)$(3)$(6)$(5)Amortization of prior service costs/(credits)(e)(2)(1)(4)(4)Settlement and curtailment losses/(gains)(e)10 — 10 — Losses/(gains) on postemployment benefits before income taxes5 (4)— (9)Losses/(gains) on postemployment benefits, income taxes(1)1 — 2 Losses/(gains) on postemployment benefits$4 $(3)$— $(7)(a)    Represents recognition of the excluded component in net income/(loss).(b)    Includes amortization of the excluded component and the effective portion of the related hedges.(c)    Represents recognition of realized hedge losses resulting from the discontinuance of cash flow hedges because the forecasted transactions were no longer probable of occurring.(d)    Represents amortization of the excluded component.(e)    These components are included in the computation of net periodic postemployment benefit costs. See Note 10, Postemployment Benefits, for additional information.In this note we have excluded activity and balances related to noncontrolling interest due to their insignificance. This activity was primarily related to foreign currency translation adjustments.

Note 13.  Financing Arrangements

Trade Payables Programs:

We maintain agreements with third party administrators that allow participating suppliers to track payment obligations from us, and, at the sole discretion of the supplier, sell one or more of those payment obligations to participating financial institutions. We have no economic interest in a supplier’s decision to enter into these agreements and no direct financial relationship with the financial institutions related to these programs. We pledged no assets or other forms of guarantees in connection with our trade payable programs. Our obligations to our suppliers, including amounts due and scheduled payment terms, are not impacted. Our current payment terms with our suppliers, which we deem to be commercially reasonable, generally range from 0 to 250 days. All amounts due to participating suppliers are paid