Item 16. Form 10-K Summary.
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Item 16. Form 10-K Summary.
None.
SIGNATURES
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, 2023 | ||||||||||
| By: | /s/ Andre Maciel | ||||||||||
| Andre Maciel | |||||||||||
| Executive Vice President and Global 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/ Miguel Patricio | Chief Executive Officer and Chair of the Board | February 16, 2023 | ||||||||||||
| Miguel Patricio | (Principal Executive Officer) | |||||||||||||
| /s/ Andre Maciel | Executive Vice President and Global Chief Financial Officer | February 16, 2023 | ||||||||||||
| Andre Maciel | (Principal Financial Officer) | |||||||||||||
| /s/ Vince Garlati | Vice President and Global Controller | February 16, 2023 | ||||||||||||
| Vince Garlati | (Principal Accounting Officer) | |||||||||||||
| * | Vice Chair of the Board | February 16, 2023 | ||||||||||||
| John T. Cahill | ||||||||||||||
| * | Lead Director | February 16, 2023 | ||||||||||||
| John C. Pope | ||||||||||||||
| * | Director | February 16, 2023 | ||||||||||||
| Gregory E. Abel | ||||||||||||||
| * | Director | February 16, 2023 | ||||||||||||
| Lori Dickerson Fouché | ||||||||||||||
| * | Director | February 16, 2023 | ||||||||||||
| Diane Gherson | ||||||||||||||
| * | Director | February 16, 2023 | ||||||||||||
| Timothy Kenesey | ||||||||||||||
| * | Director | February 16, 2023 | ||||||||||||
| Alicia Knapp | ||||||||||||||
| * | Director | February 16, 2023 | ||||||||||||
| Elio Leoni Sceti | ||||||||||||||
| * | Director | February 16, 2023 | ||||||||||||
| Susan Mulder | ||||||||||||||
| * | Director | February 16, 2023 | ||||||||||||
| James Park |
| *By: | /s/ Andre Maciel | ||||
| Andre Maciel | |||||
| Attorney-In-Fact | |||||
| February 16, 2023 |
The Kraft Heinz Company
Valuation and Qualifying Accounts
For the Years Ended December 31, 2022, December 25, 2021, and December 26, 2020
(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 31, 2022 | |||||||||||||||||||||||||||||
| Allowances related to trade accounts receivable | $ | 48 | $ | (4) | $ | — | $ | 2 | $ | 46 | |||||||||||||||||||
| Allowances related to deferred taxes | 101 | (5) | — | — | 96 | ||||||||||||||||||||||||
| $ | 149 | $ | (9) | $ | — | $ | 2 | $ | 142 | ||||||||||||||||||||
| Year ended December 25, 2021 | |||||||||||||||||||||||||||||
| Allowances related to trade accounts receivable | $ | 48 | $ | 5 | $ | 1 | $ | (6) | $ | 48 | |||||||||||||||||||
| Allowances related to deferred taxes | 105 | 1 | — | (5) | 101 | ||||||||||||||||||||||||
| $ | 153 | $ | 6 | $ | 1 | $ | (11) | $ | 149 | ||||||||||||||||||||
| Year ended December 26, 2020 | |||||||||||||||||||||||||||||
| Allowances related to trade accounts receivable | $ | 33 | $ | 21 | $ | — | $ | (6) | $ | 48 | |||||||||||||||||||
| Allowances related to deferred taxes | 112 | (3) | — | (4) | 105 | ||||||||||||||||||||||||
| $ | 145 | $ | 18 | $ | — | $ | (10) | $ | 153 |
(a) Primarily relates to acquisitions and currency translation.
S-1
Previous: Item 15. Exhibits, Financial Statement Schedules.
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