Company: KHC
Filing Date: 2025-10-29
Form Type: 10-Q
Source: 0001637459-25-000166
Chunk: 64

Company: Kraft Heinz Co
Filing Date: 2025-10-29
Form: 10-Q
Item: Part I, Item 1
Chunk 64
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 not believe they are material to the condensed consolidated financial statements.

33

Note 18.  Other Financial Data

Condensed Consolidated Statements of Income InformationOther expense/(income) consists of the following (in millions):For the Three Months EndedFor the Nine Months EndedSeptember 27, 2025September 28, 2024September 27, 2025September 28, 2024Amortization of postemployment benefit plans prior service costs/(credits)$(2)$(2)$(6)$(6)Net pension and postretirement non-service cost/(benefit)(a)(32)(38)(84)(101)Loss/(gain) on sale of business44 (1)44 78 Interest income(34)(16)(85)(49)Foreign exchange losses/(gains)5 7 209 (28)Derivative losses/(gains)(3)(2)(194)46 Other miscellaneous expense/(income)— 4 (4)4 Other expense/(income)$(22)$(48)$(120)$(56)(a)    Excludes amortization of postemployment benefit plans prior service costs/(credits). We present all non-service cost components of net pension cost/(benefit) and net postretirement cost/(benefit) within other expense/(income) on our condensed consolidated statements of income. See Note 11, Postemployment Benefits, for additional information on these components, including any curtailments and settlements, as well as information on our prior service costs/(credits) amortization. See Note 12, Financial Instruments, for information related to our derivative impacts.Other expense/(income) was $22 million of income for the three months ended September 27, 2025 compared to $48 million of income for the three months ended September 28, 2024. This change was primarily driven by a $44 million net loss on sale of business in the third quarter of 2025 compared to a $1 million net gain on sale of business in the third quarter of 2024, and a $6 million decrease in non-cash net pension and postretirement non-service benefits in the third quarter of 2025 compared to the third quarter of 2024. These negative impacts on other expense/(income) were partially offset by an $18 million increase in interest income in the third quarter of 2025 compared to the third quarter of 2024.Other expense/(income) was $120 million of income for the nine months ended