← Kraft Heinz Co

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $3.6b
$11.0b +202.84%
($10.2b) -192.66%
$1.9b +118.99%
$356.0m -81.60%
$1.0b +184.27%
$2.4b +133.50%
$2.9b +20.82%
$2.7b -3.89%
($5.8b) -313.05%
—
Net Income (Loss) Attributable to Noncontrolling Interest $10.0m ($9.0m) ($62.0m) ($2.0m) $5.0m $12.0m $5.0m ($9.0m) $2.0m ($2.0m) —
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $3.6b $11.0b ($10.3b) $1.9b $361.0m $1.0b $2.4b $2.8b $2.7b ($5.8b) —
Amortization of Debt Issuance Costs $14.0m $16.0m $16.0m $15.0m $11.0m $12.0m $11.0m $11.0m $12.0m $12.0m —
Amortization of Intangible Assets $268.0m $279.0m $290.0m $286.0m $264.0m $239.0m $261.0m $251.0m $252.0m $246.0m —
Depreciation $740.0m $1.0b $983.0m $708.0m $705.0m $671.0m $672.0m $710.0m $696.0m $722.0m $722.0m
Depreciation, Depletion and Amortization $1.3b $1.0b $983.0m $994.0m $969.0m $910.0m $933.0m $961.0m $948.0m $968.0m $1.0b
Deferred Income Tax Expense (Benefit) ($29.0m) ($6.5b) ($2.0b) ($293.0m) ($343.0m) ($1.0b) ($278.0m) $17.0m ($2.9b) ($495.0m) ($1.1b)
Share-based Payment Arrangement, Noncash Expense $46.0m $46.0m $33.0m $46.0m $156.0m $197.0m $148.0m $141.0m $109.0m $95.0m $95.0m
Goodwill and Intangible Asset Impairment $18.0m $49.0m $15.9b $1.9b $3.4b $1.6b $913.0m $662.0m $3.7b $9.3b —
Goodwill, Impairment Loss — — $6.9b $1.2b $2.3b $318.0m $444.0m $510.0m $1.6b $6.7b $7.4b
Impairment of Intangible Assets (Excluding Goodwill) $18.0m $49.0m — $1.9b $1.1b $1.3b $469.0m $152.0m $2.0b $2.6b —
Impairment of Intangible Assets, Finite-lived — — $3.0m $15.0m — — $7.0m — — — —
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) $0 $49.0m $8.6b $687.0m $1.1b $1.3b $462.0m $152.0m $1.9b $2.6b —
Nonoperating Income (Expense) $15.0m $9.0m $183.0m $952.0m $296.0m $295.0m $253.0m $27.0m $85.0m $171.0m —
Changes in operating assets and liabilities:
Increase (Decrease) in Accounts Receivable ($80.0m) $2.6b $2.3b ($140.0m) $26.0m ($87.0m) $228.0m ($18.0m) $139.0m $55.0m $7.0m
Trade receivables $838.0m ($2.6b) ($2.3b) $140.0m ($26.0m) $87.0m ($228.0m) $18.0m ($139.0m) ($55.0m) —
Increase (Decrease) in Inventories $130.0m $251.0m $251.0m $277.0m $266.0m $144.0m $1.1b $106.0m $6.0m ($133.0m) $69.0m
Inventories $25.0m ($251.0m) ($251.0m) ($277.0m) ($266.0m) ($144.0m) ($1.1b) ($106.0m) ($6.0m) $133.0m $69.0m
Accounts payable ($119.0m) $464.0m ($23.0m) ($58.0m) $207.0m $408.0m $152.0m ($295.0m) ($308.0m) ($97.0m) $186.0m
Other current assets $114.0m ($67.0m) ($146.0m) $52.0m $46.0m ($32.0m) ($314.0m) $139.0m ($38.0m) ($88.0m) ($108.0m)
Other current liabilities $231.0m ($912.0m) $637.0m ($90.0m) $486.0m $87.0m $28.0m ($562.0m) ($98.0m) $337.0m $595.0m
Net Cash Provided by (Used in) Operating Activities $5.2b
$527.0m -89.94%
$2.6b +388.43%
$3.6b +38.00%
$4.9b +38.77%
$5.4b +8.83%
$2.5b -53.97%
$4.0b +61.04%
$4.2b +5.23%
$4.5b +6.64%
$4.6b +3.56%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $1.2b $1.2b $826.0m $768.0m $596.0m $905.0m $916.0m $1.0b $1.0b $801.0m ($805.0m)
Payments to Acquire Marketable Securities — — — — — — — $0 $0 ($1.7b) —
Proceeds from Sale and Maturity of Marketable Securities — — — — — — — $0 $0 $686.0m $1.6b
Divestiture-related license income — — — $0 $0 ($4.0m) ($56.0m) ($54.0m) ($54.0m) ($52.0m) —
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 $248.0m $199.0m $0 $74.0m $481.0m $0 $0 — $0
Other investing activities, net ($76.0m) $81.0m $66.0m $13.0m $49.0m $31.0m $10.0m $66.0m $58.0m ($3.0m) —
Payments for (Proceeds from) Other Investing Activities ($43.0m) ($81.0m) ($66.0m) ($13.0m) ($49.0m) ($31.0m) ($10.0m) ($66.0m) ($58.0m) $3.0m —
Net cash provided by/(used for) investing activities ($9.7b) $1.2b $288.0m $1.5b ($522.0m) $4.0b ($1.1b) ($916.0m) ($1.0b) ($1.8b) —
Net Cash Provided by (Used in) Investing Activities ($1.1b) $1.2b $288.0m $1.5b ($522.0m) $4.0b ($1.1b) ($916.0m) ($1.0b) ($1.8b) $66.0m
Cash flows from financing activities:
Gain (Loss) on Extinguishment of Debt — — — — — ($917.0m) $38.0m $0 $0 — —
Proceeds from issuance of commercial paper $6.7b $6.0b $2.8b $557.0m $0 $0 $228.0m $150.0m $0 $0 —
Proceeds from issuance of long-term debt $14.8b $1.5b $3.0b $3.0b $3.5b $0 $0 $657.0m $594.0m $1.6b $1.2b
Repayments of Long-term Debt $12.3b $2.6b $2.7b $4.8b $4.7b $6.2b $1.5b $16.0m $618.0m $678.0m ($3.0b)
Repayments of commercial paper ($6.0b) ($6.2b) ($3.2b) ($557.0m) $0 $0 ($228.0m) ($150.0m) $0 $0 —
Payments for Repurchase of Common Stock — — — — — — — $455.0m $988.0m $436.0m —
Payments of Ordinary Dividends, Common Stock $3.6b $2.9b $3.2b $2.0b $2.0b $2.0b $2.0b $2.0b $1.9b $1.9b ($1.9b)
Repurchases of common stock — — — — — $271.0m $280.0m $455.0m $988.0m $436.0m —
Dividends Payable, Current $39.0m — — — — — — — — — —
Dividends paid — ($3k) ($3k) ($2k) $2k $2k ($2k) ($2k) ($2k) ($2k) ($1.9b)
Payments of Dividends $3.6b $2.9b $3.2b $2.0b $2.0b $2.0b $2.0b $2.0b $1.9b $1.9b ($1.9b)
Other financing activities, net $12.0m $22.0m ($28.0m) ($33.0m) ($60.0m) ($259.0m) ($299.0m) ($67.0m) ($65.0m) $141.0m —
Proceeds from (Payments for) Other Financing Activities ($16.0m) $22.0m ($28.0m) ($33.0m) ($60.0m) ($259.0m) ($299.0m) ($67.0m) ($65.0m) $141.0m —
Net cash provided by/(used for) financing activities $10.2b
($4.2b) -141.50%
($3.4b) +20.42%
($3.9b) -16.35%
($3.3b) +14.87%
($9.3b) -180.52%
($3.7b) +60.25%
($2.7b) +27.89%
($3.0b) -12.32%
($1.3b) +58.41%
—
Net Cash Provided by (Used in) Financing Activities ($4.6b)
($4.2b) +8.55%
($3.4b) +20.42%
($3.9b) -16.35%
($3.3b) +14.87%
($9.3b) -180.52%
($3.7b) +60.25%
($2.7b) +27.89%
($3.0b) -12.32%
($1.3b) +58.41%
($3.7b) -196.56%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($137.0m) ($2.5b) ($633.0m) $1.1b $1.1b $28.0m ($2.4b) $363.0m $82.0m $1.5b $2.7b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($137.0m) $1.8b $1.1b $2.3b $3.4b $3.4b $1.0b $1.4b $1.5b $2.9b $2.7b
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($137.0m) $57.0m ($132.0m) ($6.0m) $62.0m ($30.0m) ($69.0m) ($19.0m) ($71.0m) $80.0m $0
Effect of exchange rate changes on cash, cash equivalents, and restricted cash ($137.0m) $57.0m ($132.0m) ($6.0m) $62.0m ($30.0m) ($69.0m) ($19.0m) ($71.0m) $80.0m $0
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Balance at beginning of period $2.3b $1.8b $1.1b $2.3b $3.4b $3.4b $1.0b $1.4b $1.5b $2.9b —
Derivative, Gain (Loss) on Derivative, Net — — — — — — — $59.0m ($45.0m) $251.0m —
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal — — — $420.0m ($2.0m) $44.0m $25.0m $4.0m ($81.0m) ($42.0m) —
Equity award compensation expense $133.0m $46.0m $33.0m $46.0m $156.0m $197.0m $148.0m $141.0m $109.0m $95.0m —
Foreign Currency Transaction Gain (Loss), before Tax — — — ($10.0m) ($162.0m) $101.0m $106.0m ($73.0m) $21.0m ($234.0m) —
Gain (Loss) on Disposition of Business — — ($15.0m) $420.0m ($2.0m) $44.0m $25.0m $4.0m ($81.0m) ($42.0m) —
Goodwill $44.1b $44.8b $36.5b $35.5b $33.1b $31.3b $30.8b $30.5b $28.7b $22.2b $7.4b
Income Tax Expense (Benefit) $1.4b ($5.5b) ($1.1b) $728.0m $669.0m $684.0m $598.0m $787.0m ($1.9b) $403.0m —
Income Taxes Paid, Net — — — — $1.0b $1.3b $1.3b $932.0m $967.0m $721.0m —
Interest $1.2b $1.3b $1.3b $1.3b $1.3b $1.2b $937.0m $896.0m $906.0m $903.0m $903.0m
Investment Income, Interest — — — $36.0m $27.0m $15.0m $27.0m $40.0m $69.0m $122.0m —
Loss/(gain) on sale of business — $0 $15.0m ($420.0m) $2.0m ($44.0m) ($25.0m) ($4.0m) $81.0m $42.0m —
Net increase/(decrease) $2.5b ($2.5b) ($633.0m) $1.1b $1.1b $28.0m ($2.4b) $363.0m $82.0m $1.5b —
Nonmonetary currency devaluation $234.0m $36.0m $146.0m $10.0m $6.0m $0 $17.0m $28.0m $16.0m $34.0m —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $87.0m ($85.0m) — — — — — — — — —
Other items, net $120.0m $76.0m $175.0m ($46.0m) $81.0m ($187.0m) $7.0m $221.0m ($46.0m) ($3.0m) —
Payments to Acquire Intangible Assets — — — — — — $0 $0 ($140.0m) $0 $0
Postemployment benefit plan asset transfers/(contributions) — — — — — — ($23.0m) ($22.0m) $161.0m $185.0m —
Proceeds from Stock Options Exercised $140.0m $66.0m $56.0m $17.0m $85.0m $53.0m $57.0m $43.0m $8.0m — —
Proceeds from sale of business, net of cash disposed and working capital adjustments — $0 $18.0m $1.9b $0 $5.0b $88.0m $0 $8.0m $9.0m —
Revenue from Contract with Customer, Including Assessed Tax — — $26.3b $25.0b $26.2b $26.0b $26.5b $26.6b $25.8b $24.9b —
Supplemental disclosure of cash flow information:

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.