Item 16. Form 10-K Summary.
7K characters. Original on sec.gov ·
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 13, 2025 | ||||||||||
| 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 13, 2025 | ||||||||||||
| Carlos Abrams-Rivera | (Principal Executive Officer) | |||||||||||||
| /s/ Andre Maciel | Executive Vice President and Global Chief Financial Officer | February 13, 2025 | ||||||||||||
| Andre Maciel | (Principal Financial Officer) | |||||||||||||
| /s/ Vince Garlati | Vice President and Global Controller | February 13, 2025 | ||||||||||||
| Vince Garlati | (Principal Accounting Officer) | |||||||||||||
| * | Chair of the Board | February 13, 2025 | ||||||||||||
| Miguel Patricio | ||||||||||||||
| * | Vice Chair of the Board | February 13, 2025 | ||||||||||||
| John T. Cahill | ||||||||||||||
| * | Lead Director | February 13, 2025 | ||||||||||||
| John C. Pope | ||||||||||||||
| * | Director | February 13, 2025 | ||||||||||||
| Humberto P. Alfonso | ||||||||||||||
| * | Director | February 13, 2025 | ||||||||||||
| Lori Dickerson Fouché | ||||||||||||||
| * | Director | February 13, 2025 | ||||||||||||
| Diane Gherson | ||||||||||||||
| * | Director | February 13, 2025 | ||||||||||||
| Timothy Kenesey | ||||||||||||||
| * | Director | February 13, 2025 | ||||||||||||
| Alicia Knapp | ||||||||||||||
| * | Director | February 13, 2025 | ||||||||||||
| Elio Leoni Sceti | ||||||||||||||
| * | Director | February 13, 2025 | ||||||||||||
| James Park | ||||||||||||||
| * | Director | February 13, 2025 | ||||||||||||
| Debby Soo |
| *By: | /s/ Andre Maciel | ||||
| Andre Maciel | |||||
| Attorney-In-Fact | |||||
| February 13, 2025 |
The Kraft Heinz Company
Valuation and Qualifying Accounts
For the Years Ended December 28, 2024, December 30, 2023, and December 31, 2022
(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 28, 2024 | |||||||||||||||||||||||||||||
| Allowances related to trade accounts receivable | $ | 38 | $ | (10) | $ | (1) | $ | (1) | $ | 26 | |||||||||||||||||||
| Allowances related to deferred taxes | 102 | 749 | — | — | 851 | ||||||||||||||||||||||||
| $ | 140 | $ | 739 | $ | (1) | $ | (1) | $ | 877 | ||||||||||||||||||||
| 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 |
(a) Primarily relates to acquisitions and currency translation.
S-1
Previous: Item 15. Exhibits, Financial Statement Schedules.
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