Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 113

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 113
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in millions):Accumulated Other Comprehensive Income/(Losses) Component Reclassified from Accumulated Other Comprehensive Income/(Losses) to Net Income/(Loss)Affected Line Item in the Statements of IncomeFor the Three Months EndedFor the Six Months EndedJune 28, 2025June 29, 2024June 28, 2025June 29, 2024Losses/(gains) on net investment hedges:Cross-currency contracts(a)$(16)$(12)$(25)$(24)Interest expenseLosses/(gains) on cash flow hedges:Foreign exchange contracts(b)(5)— (14)(1)Cost of products soldForeign exchange contracts(b)— (9)— (30)Other expense/(income)Cross-currency contracts(b)(161)14 (235)58 Other expense/(income)Cross-currency contracts(b)5 7 11 15 Interest expenseInterest rate contracts(c)— — — 3 Other expense/(income)Cross-currency contracts(d)— — (3)— 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 amort