Item 16. Form 10-K Summary.

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Item 16. Form 10-K Summary.

None.

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

The Kraft Heinz Company
Date:February 23, 2017
By:/s/ Paulo Basilio
Paulo Basilio
Executive Vice President and Chief Financial Officer
(Principal Financial Officer)

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated:

SignatureTitleDate
/s/ Bernardo HeesChief Executive OfficerFebruary 23, 2017
Bernardo Hees(Principal Executive Officer)
/s/ Paulo BasilioExecutive Vice President and Chief Financial OfficerFebruary 23, 2017
Paulo Basilio(Principal Financial Officer)
/s/ Christopher R. SkingerGlobal ControllerFebruary 23, 2017
Christopher R. Skinger(Principal Accounting Officer)
Alexandre Behring*Chairman of the Board
John T. Cahill*Vice Chairman of the Board
Gregory E. Abel*Director
Warren E. Buffett*Director
Tracy Britt Cool*Director
Feroz Dewan*Director
Jeanne P. Jackson*Director
Jorge Paulo Lemann*Director
Mackey J. McDonald*Director
John C. Pope*Director
Marcel Herrmann Telles*Director

*By: /s/ Paulo Basilio

Paulo Basilio

Attorney-In-Fact

February 23, 2017

The Kraft Heinz Company

Valuation and Qualifying Accounts

For the Years Ended December 31, 2016, January 3, 2016 and December 28, 2014

(in millions)

AdditionsDeductions
DescriptionBalance at Beginning of PeriodCharged to Costs and ExpensesCharged to Other Accounts(a)Write-offs and ReclassificationsBalance at End of Period
Year ended December 31, 2016
Allowances related to trade accounts receivable$32$6$(4)$14$20
Allowances related to deferred taxes836——89
$115$12$(4)$14$109
Year ended January 3, 2016
Allowances related to trade accounts receivable$8$5$20$1$32
Allowances related to deferred taxes641012383
$72$15$32$4$115
Year ended December 28, 2014
Allowances related to trade accounts receivable$1$9$(1)$18
Allowances related to deferred taxes781(15)—$64
$79$10$(16)$1$72
(a)Primarily relates to acquisitions and currency translation.

S-1

Previous: Item 15. Exhibits and Financial Statement Schedules.