Kraft Heinz Co
For the period ended Sep 28, 2024. Filed Oct 30, 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.
Sep 28, 2024 · Filed Oct 30, 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)
| September 28, 2024 | December 30, 2023 | |
|---|---|---|
| ASSETS | ||
| Cash and cash equivalents | $1,284 | $1,400 |
| Trade receivables (net of allowances of $32 at September 28, 2024 and $38 at December 30, 2023) | 2,178 | 2,112 |
| Inventories | 3,872 | 3,614 |
| Prepaid expenses | 228 | 234 |
| Other current assets | 633 | 566 |
| Assets held for sale | 7 | 3 |
| Total current assets | 8,202 | 7,929 |
| Property, plant and equipment, net | 7,137 | 7,122 |
| Goodwill | 28,946 | 30,459 |
| Intangible assets, net | 41,802 | 42,448 |
| Other non-current assets | 2,479 | 2,381 |
| TOTAL ASSETS | $88,566 | $90,339 |
| LIABILITIES AND EQUITY | ||
| Commercial paper and other short-term debt | $13 | $— |
| Current portion of long-term debt | 695 | 638 |
| Accounts payable | 4,553 | 4,627 |
| Accrued marketing | 752 | 733 |
| Interest payable | 273 | 258 |
| Other current liabilities | 1,442 | 1,781 |
| Total current liabilities | 7,728 | 8,037 |
| Long-term debt | 19,383 | 19,394 |
| Deferred income taxes | 10,023 | 10,201 |
| Accrued postemployment costs | 140 | 143 |
| Long-term deferred income | 1,386 | 1,424 |
| Other non-current liabilities | 1,437 | 1,418 |
| TOTAL LIABILITIES | 40,097 | 40,617 |
| Commitments and Contingencies (Note 14) | ||
| Redeemable noncontrolling interest | 6 | 34 |
| Equity: | ||
| Common stock, $0.01 par value (5,000 shares authorized; 1,254 shares issued and 1,209 shares outstanding at September 28, 2024; 1,249 shares issued and 1,218 shares outstanding at December 30, 2023) | 12 | 12 |
| Additional paid-in capital | 52,106 | 52,037 |
| Retained earnings/(deficit) | 521 | 1,367 |
| Accumulated other comprehensive income/(losses) | (2,547) | (2,604) |
| Treasury stock, at cost (45 shares at September 28, 2024 and 31 shares at December 30, 2023) | (1,764) | (1,286) |
| Total shareholders' equity | 48,328 | 49,526 |
| Noncontrolling interest | 135 | 162 |
| TOTAL EQUITY | 48,463 | 49,688 |
| TOTAL LIABILITIES AND EQUITY | $88,566 | $90,339 |
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