Company: KHC
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001637459-25-000152
Chunk: 13

Company: Kraft Heinz Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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)Dividends declared-noncontrolling interest ($98.77 per share)— — — — — (7)(7)Repurchase of common stock— — — — (280)— (280)Exercise of stock options, issuance of other stock awards, and other— 13 — — 15 3 31 Balance at March 30, 2024$12 $52,050 $1,680 $(2,669)$(1,551)$131 $49,653 Net income/(loss) excluding redeemable noncontrolling interest— — 102 — — (1)101 Other comprehensive income/(loss) excluding redeemable noncontrolling interest— — — (69)— (4)(73)Dividends declared-common stock ($0.40 per share)— — (485)— — — (485)Repurchase of common stock— — — — (204)— (204)Exercise of stock options, issuance of other stock awards, and other— 36 — — (7)— 29 Balance at June 29, 2024$12 $52,086 $1,297 $(2,738)$(1,762)$126 $49,021 

See accompanying notes to the condensed consolidated financial statements.

4

The Kraft Heinz Company

Condensed Consolidated Statements of Cash Flows

(in millions)

(Unaudited)

For the Six Months EndedJune 28, 2025June 29, 2024CASH FLOWS FROM OPERATING ACTIVITIES:Net income/(loss)$(7,109)$904 Adjustments to reconcile net income/(loss) to operating cash flows: Depreciation and amortization472 469 Divestiture-related license income(26)(27)Equity award compensation expense53 65 Deferred income tax provision/(benefit)(595)(48)Postemployment benefit plan contributions(8)(9)Goodwill and intangible asset impairment losses9,266 854 Nonmonetary currency devaluation21 4 Loss/(gain) on sale of business— 79 Other items, net(28)(60)Changes in current assets and liabilities:Trade receivables(123)(113)Inventories(164)(101)Accounts payable109 (40)Other current assets1 (