Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 156

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 8
Chunk 156
---
)7.28 0.70 7.26 0.70 Losses/(gains) on sale of business(d)— — — 0.05 Nonmonetary currency devaluation(e)0.01 — 0.02 — Certain significant discrete income tax items(f)— — 0.01 — Adjusted EPS$0.69 $0.78 $1.31 $1.47 

(a)    Gross expenses/(income) included in restructuring activities was expenses of $10 million ($7 million after-tax) for the three months and expenses of $14 million ($10 million after-tax) for the six months ended June 28, 2025 and expense of $2 million ($2 million after-tax) for the three months and income of $1 million (zero after-tax) for the six months ended June 29, 2024 and were recorded in the following income statement line items:

•Cost of products sold included expenses of $1 million for the three months and income of $1 million for the six months ended June 28, 2025 and expenses of $1 million for the three months and $2 million for the six months ended June 29, 2024; and

•SG&A included income of $1 million for the three months and expenses of $5 million for the six months ended June 28, 2025 and expenses of $2 million for the three months and income of $2 million for the six months ended June 29, 2024.

•Other expense/(income) included expenses of $10 million for the three and six months ended June 28, 2025 and income of $1 million for the three and six months ended June 29, 2024

(b)    Gross expenses/(income) included in unrealized losses/(gains) on commodity hedges were income of $16 million ($12 million after-tax) for the three months and income of $17 million ($13 million after-tax) for the six months ended June 28, 2025 and expenses of $1 million (zero after-tax) for the three months and income of $33 million ($26 million after-tax) for the six months ended June 29, 2024, and were recorded in cost of products sold.

(c)    Gross impairment losses included the following:

•Goodwill impairment losses of $6.7 billion ($6.7 b