← 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
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 ($10.2b) $1.9b $356.0m $1.0b $2.4b $2.9b $2.7b ($5.8b)
Net Income (Loss) Available to Common Stockholders, Basic $3.5b $11.0b ($10.2b) $1.9b $356.0m $1.0b $2.4b $2.9b $2.7b ($5.8b)
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
Depreciation, Depletion and Amortization $1.3b $1.0b $983.0m $994.0m $969.0m $910.0m $933.0m $961.0m $948.0m $968.0m
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)
Deferred income tax provision/(benefit) ($317.0m) ($6.5b) ($2.0b) ($293.0m) ($343.0m) ($1.0b) ($278.0m) $17.0m ($2.9b) ($495.0m)
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 and intangible asset impairment losses $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
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
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
Gain (Loss) on Disposition of Business — — ($15.0m) $420.0m ($2.0m) $44.0m $25.0m $4.0m ($81.0m) ($42.0m)
Gain (Loss) on Extinguishment of Debt — — — — — ($917.0m) $38.0m $0 $0 —
Income Tax Expense (Benefit) $1.4b ($5.5b) ($1.1b) $728.0m $669.0m $684.0m $598.0m $787.0m ($1.9b) $403.0m
Other 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:
Additional Financial Items
Accounts payable ($119.0m) $464.0m ($23.0m) ($58.0m) $207.0m $408.0m $152.0m ($295.0m) ($308.0m) ($97.0m)
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
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)
Goodwill $44.1b $44.8b $36.5b $35.5b $33.1b $31.3b $30.8b $30.5b $28.7b $22.2b
Increase (Decrease) in Accounts Payable $943.0m $464.0m ($23.0m) ($58.0m) $207.0m $408.0m $152.0m ($295.0m) ($308.0m) ($97.0m)
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
Increase (Decrease) in Inventories $130.0m $251.0m $251.0m $277.0m $266.0m $144.0m $1.1b $106.0m $6.0m ($133.0m)
Interest $1.2b $1.3b $1.3b $1.3b $1.3b $1.2b $937.0m $896.0m $906.0m $903.0m
Inventories $25.0m ($251.0m) ($251.0m) ($277.0m) ($266.0m) ($144.0m) ($1.1b) ($106.0m) ($6.0m) $133.0m
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
Nonoperating Income (Expense) — — — $952.0m — — — — — —
Other current assets $114.0m ($67.0m) ($146.0m) $52.0m $46.0m ($32.0m) ($314.0m) $139.0m ($38.0m) ($88.0m)
Other current liabilities $231.0m ($912.0m) $637.0m ($90.0m) $486.0m $87.0m $28.0m ($562.0m) ($98.0m) $337.0m
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
Payments to Acquire Marketable Securities — — — — — — — $0 $0 ($1.7b)
Postemployment benefit plan asset transfers/(contributions) — — — — — — ($23.0m) ($22.0m) $161.0m $185.0m
Proceeds from Sale and Maturity of Marketable Securities — — — — — — — $0 $0 $686.0m
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 issuance of commercial paper $6.7b $6.0b $2.8b $557.0m $0 $0 $228.0m $150.0m $0 $0
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
Repayments of commercial paper ($6.0b) ($6.2b) ($3.2b) ($557.0m) $0 $0 ($228.0m) ($150.0m) $0 $0
Revenue from Contract with Customer, Including Assessed Tax — — $26.3b $25.0b $26.2b $26.0b $26.5b $26.6b $25.8b $24.9b
Trade receivables $838.0m ($2.6b) ($2.3b) $140.0m ($26.0m) $87.0m ($228.0m) $18.0m ($139.0m) ($55.0m)
Derivative, Gain (Loss) on Derivative, Net — — — — — — — $59.0m ($45.0m) $251.0m
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax $87.0m ($85.0m) — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $5.2b $527.0m $2.6b $3.6b $4.9b $5.4b $2.5b $4.0b $4.2b $4.5b
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
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 $248.0m $199.0m $0 $74.0m $481.0m $0 $0 —
Divestiture-related license income — — — $0 $0 ($4.0m) ($56.0m) ($54.0m) ($54.0m) ($52.0m)
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)
Cash flows from financing activities:
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
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
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
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)
Payments of Dividends $3.6b $2.9b $3.2b $2.0b $2.0b $2.0b $2.0b $2.0b $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) ($3.4b) ($3.9b) ($3.3b) ($9.3b) ($3.7b) ($2.7b) ($3.0b) ($1.3b)
Net Cash Provided by (Used in) Financing Activities ($4.6b) ($4.2b) ($3.4b) ($3.9b) ($3.3b) ($9.3b) ($3.7b) ($2.7b) ($3.0b) ($1.3b)
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
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
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
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
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities — — $1.3b $1.3b $1.3b $1.2b $937.0m $896.0m $906.0m $903.0m
Income Taxes Paid, Net — — — — $1.0b $1.3b $1.3b $932.0m $967.0m $721.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.