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 15, 2024 | ||||||||||
| 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/ Carlos Abrams-Rivera | Chief Executive Officer and Director | February 15, 2024 | ||||||||||||
| Carlos Abrams-Rivera | (Principal Executive Officer) | |||||||||||||
| /s/ Andre Maciel | Executive Vice President and Global Chief Financial Officer | February 15, 2024 | ||||||||||||
| Andre Maciel | (Principal Financial Officer) | |||||||||||||
| /s/ Vince Garlati | Vice President and Global Controller | February 15, 2024 | ||||||||||||
| Vince Garlati | (Principal Accounting Officer) | |||||||||||||
| * | Chair of the Board | February 15, 2024 | ||||||||||||
| Miguel Patricio | ||||||||||||||
| * | Vice Chair of the Board | February 15, 2024 | ||||||||||||
| John T. Cahill | ||||||||||||||
| * | Lead Director | February 15, 2024 | ||||||||||||
| John C. Pope | ||||||||||||||
| * | Director | February 15, 2024 | ||||||||||||
| Gregory E. Abel | ||||||||||||||
| * | Director | February 15, 2024 | ||||||||||||
| Humberto P. Alfonso | ||||||||||||||
| * | Director | February 15, 2024 | ||||||||||||
| Lori Dickerson Fouché | ||||||||||||||
| * | Director | February 15, 2024 | ||||||||||||
| Diane Gherson | ||||||||||||||
| * | Director | February 15, 2024 | ||||||||||||
| Timothy Kenesey | ||||||||||||||
| * | Director | February 15, 2024 | ||||||||||||
| Alicia Knapp | ||||||||||||||
| * | Director | February 15, 2024 | ||||||||||||
| Elio Leoni Sceti | ||||||||||||||
| * | Director | February 15, 2024 | ||||||||||||
| Susan Mulder | ||||||||||||||
| * | Director | February 15, 2024 | ||||||||||||
| James Park |
| *By: | /s/ Andre Maciel | ||||
| Andre Maciel | |||||
| Attorney-In-Fact | |||||
| February 15, 2024 |
The Kraft Heinz Company
Valuation and Qualifying Accounts
For the Years Ended December 30, 2023, December 31, 2022, and December 25, 2021
(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, 2023 | |||||||||||||||||||||||||||||
| Allowances related to trade accounts receivable | $ | 46 | $ | (8) | $ | — | $ | — | $ | 38 | |||||||||||||||||||
| Allowances related to deferred taxes | 96 | 5 | — | 1 | 102 | ||||||||||||||||||||||||
| $ | 142 | $ | (3) | $ | — | $ | 1 | $ | 140 | ||||||||||||||||||||
| 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 |
(a) Primarily relates to acquisitions and currency translation.
S-1
Previous: Item 15. Exhibits, Financial Statement Schedules.
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