Kraft Heinz Co
For the period ended Mar 30, 2024. Filed May 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 30, 2024 · Filed May 1, 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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Condensed Consolidated Balance Sheets
(in millions, except per share data)
| March 30, 2024 | December 30, 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $1,626 | $1,400 |
| Trade receivables (net of allowances of $30 at March 30, 2024 and $38 at December 30, 2023) | 2,216 | 2,112 |
| Inventories | 3,578 | 3,614 |
| Prepaid expenses | 292 | 234 |
| Other current assets | 521 | 566 |
| Assets held for sale | — | 3 |
| Total current assets | 8,233 | 7,929 |
| Property, plant and equipment, net | 7,036 | 7,122 |
| Goodwill | 30,390 | 30,459 |
| Intangible assets, net | 42,296 | 42,448 |
| Other non-current assets | 2,354 | 2,381 |
| TOTAL ASSETS | $90,309 | $90,339 |
| LIABILITIES AND EQUITY | ||
| Current portion of long-term debt | 622 | 638 |
| Trade payables | 4,421 | 4,627 |
| Accrued marketing | 749 | 733 |
| Interest payable | 304 | 258 |
| Other current liabilities | 1,475 | 1,781 |
| Total current liabilities | 7,571 | 8,037 |
| Long-term debt | 19,923 | 19,394 |
| Deferred income taxes | 10,220 | 10,201 |
| Accrued postemployment costs | 140 | 143 |
| Long-term deferred income | 1,414 | 1,424 |
| Other non-current liabilities | 1,353 | 1,418 |
| TOTAL LIABILITIES | 40,621 | 40,617 |
| Commitments and Contingencies (Note 14) | ||
| Redeemable noncontrolling interest | 35 | 34 |
| Equity: | ||
| Common stock, $0.01 par value (5,000 shares authorized; 1,253 shares issued and 1,214 shares outstanding at March 30, 2024; 1,249 shares issued and 1,218 shares outstanding at December 30, 2023) | 12 | 12 |
| Additional paid-in capital | 52,050 | 52,037 |
| Retained earnings/(deficit) | 1,680 | 1,367 |
| Accumulated other comprehensive income/(losses) | (2,669) | (2,604) |
| Treasury stock, at cost (39 shares at March 30, 2024 and 31 shares at December 30, 2023) | (1,551) | (1,286) |
| Total shareholders' equity | 49,522 | 49,526 |
| Noncontrolling interest | 131 | 162 |
| TOTAL EQUITY | 49,653 | 49,688 |
| TOTAL LIABILITIES AND EQUITY | $90,309 | $90,339 |
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