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 16, 2018 | ||
| By: | /s/ David H. Knopf | ||
| David H. Knopf | |||
| 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:
| Signature | Title | Date | ||
| /s/ Bernardo Hees | Chief Executive Officer | February 16, 2018 | ||
| Bernardo Hees | (Principal Executive Officer) | |||
| /s/ David H. Knopf | Executive Vice President and Chief Financial Officer | February 16, 2018 | ||
| David H. Knopf | (Principal Financial Officer) | |||
| /s/ Christopher R. Skinger | Vice President, Global Controller | February 16, 2018 | ||
| 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/ David H. Knopf |
| David H. Knopf | |
| Attorney-In-Fact | |
| February 16, 2018 |
The Kraft Heinz Company
Valuation and Qualifying Accounts
For the Years Ended December 30, 2017, December 31, 2016 and January 3, 2016
(in millions)
| Additions | Deductions | ||||||||||||||||||
| Description | Balance at Beginning of Period | Charged to Costs and Expenses | Charged to Other Accounts(a) | Write-offs and Reclassifications | Balance at End of Period | ||||||||||||||
| Year ended December 30, 2017 | |||||||||||||||||||
| Allowances related to trade accounts receivable | $ | 20 | $ | 8 | $ | 1 | $ | (6 | ) | $ | 23 | ||||||||
| Allowances related to deferred taxes | 89 | (9 | ) | — | — | 80 | |||||||||||||
| $ | 109 | $ | (1 | ) | $ | 1 | $ | (6 | ) | $ | 103 | ||||||||
| Year ended December 31, 2016 | |||||||||||||||||||
| Allowances related to trade accounts receivable | $ | 32 | $ | 6 | $ | (4 | ) | $ | 14 | $ | 20 | ||||||||
| Allowances related to deferred taxes | 83 | 6 | — | — | 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 taxes | 64 | 10 | 12 | 3 | 83 | ||||||||||||||
| $ | 72 | $ | 15 | $ | 32 | $ | 4 | $ | 115 |
| (a) | Primarily relates to acquisitions and currency translation. |
S-1
Previous: Item 15. Exhibits and Financial Statement Schedules.
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