Kraft Heinz Co
For the period ended Dec 30, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
KHC$24.42-0.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in millions, except per share data)
| December 30, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $1,400 | $1,040 |
| Trade receivables (net of allowances of $38 at December 30, 2023 and $46 at December 31, 2022) | 2,112 | 2,120 |
| Inventories | 3,614 | 3,651 |
| Prepaid expenses | 234 | 240 |
| Other current assets | 566 | 842 |
| Assets held for sale | 3 | 4 |
| Total current assets | 7,929 | 7,897 |
| Property, plant and equipment, net | 7,122 | 6,740 |
| Goodwill | 30,459 | 30,833 |
| Intangible assets, net | 42,448 | 42,649 |
| Other non-current assets | 2,381 | 2,394 |
| TOTAL ASSETS | $90,339 | $90,513 |
| LIABILITIES AND EQUITY | ||
| Commercial paper and other short-term debt | $— | $6 |
| Current portion of long-term debt | 638 | 831 |
| Trade payables | 4,627 | 4,848 |
| Accrued marketing | 733 | 749 |
| Interest payable | 258 | 264 |
| Other current liabilities | 1,781 | 2,330 |
| Total current liabilities | 8,037 | 9,028 |
| Long-term debt | 19,394 | 19,233 |
| Deferred income taxes | 10,201 | 10,152 |
| Accrued postemployment costs | 143 | 144 |
| Long-term deferred income | 1,424 | 1,477 |
| Other non-current liabilities | 1,418 | 1,609 |
| TOTAL LIABILITIES | 40,617 | 41,643 |
| Commitments and Contingencies (Note 15) | ||
| Redeemable noncontrolling interest | 34 | 40 |
| Equity: | ||
| Common stock, $0.01 par value (5,000 shares authorized; 1,249 shares issued and 1,218 shares outstanding at December 30, 2023; 1,243 shares issued and 1,225 shares outstanding at December 31, 2022) | 12 | 12 |
| Additional paid-in capital | 52,037 | 51,834 |
| Retained earnings/(deficit) | 1,367 | 489 |
| Accumulated other comprehensive income/(losses) | (2,604) | (2,810) |
| Treasury stock, at cost (31 shares at December 30, 2023 and 18 shares at December 31, 2022) | (1,286) | (847) |
| Total shareholders' equity | 49,526 | 48,678 |
| Noncontrolling interest | 162 | 152 |
| TOTAL EQUITY | 49,688 | 48,830 |
| TOTAL LIABILITIES AND EQUITY | $90,339 | $90,513 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.