For the year ending 2025-12-27, KHC had $1,458M increase in cash & cash equivalents over the period. $3,661M in free cash flow.
| Cash Flow | 2025-12-27 | 2024-12-28 | 2023-12-30 | 2022-12-31 |
|---|---|---|---|---|
| Net income/(loss) | -5,848 | 2,746 | 2,846 | 2,368 |
| Depreciation and amortization | 968 | 948 | 961 | 933 |
| Amortization of postemployment benefit plans prior service costs/(credits) | - | - | -14 | -14 |
| Divestiture-related license income | 52 | 54 | 54 | 56 |
| Equity award compensation expense | 95 | 109 | 141 | 148 |
| Deferred income tax provision/(benefit) | -495 | -2,857 | 17 | -278 |
| Postemployment benefit plan contributions | - | - | 22 | 23 |
| Postemployment benefit plan asset transfers/(contributions) | -185 | -161 | - | - |
| Goodwill and intangible asset impairment losses | 9,306 | 3,669 | 662 | 913 |
| Nonmonetary currency devaluation | 34 | 16 | 28 | 17 |
| Loss/(gain) on sale of business | -42 | -81 | 4 | 25 |
| Proceeds from sale of license | - | - | 0 | 0 |
| Loss/(gain) on extinguishment of debt | - | 0 | 0 | 38 |
| Other items, net | -3 | -46 | 221 | 7 |
| Trade receivables | 55 | 139 | -18 | 228 |
| Inventories | -133 | 6 | 106 | 1,121 |
| Accounts payable | -97 | -308 | -295 | 152 |
| Other current assets | 88 | 38 | -139 | 314 |
| Other current liabilities | 337 | -98 | -562 | 28 |
| Net cash provided by/(used for) operating activities | 4,462 | 4,184 | 3,976 | 2,469 |
| Capital expenditures | 801 | 1,024 | 1,013 | 916 |
| Payments to acquire business, net of cash acquired | - | 0 | 0 | 481 |
| Payments to acquire intangible assets | 0 | 140 | - | - |
| Payments to acquire marketable securities | 1,724 | - | - | - |
| Settlement of net investment hedges | - | -75 | -31 | -208 |
| Proceeds from sale and maturity of marketable securities | 686 | - | - | - |
| Proceeds from sale of business, net of cash disposed and working capital adjustments | 9 | 8 | 0 | 88 |
| Other investing activities, net | 3 | -58 | -66 | -10 |
| Net cash provided by/(used for) investing activities | -1,833 | -1,023 | -916 | -1,091 |
| Repayments of long-term debt | 678 | 618 | 848 | 1,465 |
| Proceeds from issuance of long-term debt | 1,620 | 594 | 657 | 0 |
| Debt prepayment and extinguishment benefit/(costs) | - | 0 | 0 | -10 |
| Proceeds from revolving credit facility | - | - | - | 0 |
| Repayments of revolving credit facility | - | - | - | 0 |
| Proceeds from issuance of commercial paper | 0 | 0 | 150 | 228 |
| Repayments of commercial paper | 0 | 0 | 150 | 228 |
| Dividends paid | 1,898 | 1,931 | 1,965 | 1,960 |
| Repurchases of common stock | 436 | 988 | 455 | - |
| Other financing activities, net | 141 | -65 | -67 | -299 |
| Net cash provided by/(used for) financing activities | -1,251 | -3,008 | -2,678 | -3,714 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 80 | -71 | -19 | -69 |
| Net increase/(decrease) | 1,458 | 82 | 363 | -2,405 |
| Cash and cash equivalents at beginning of period | 1,486 | 1,404 | 1,041 | 3,446 |
| Cash and cash equivalents at end of period | 2,944 | 1,486 | 1,404 | 1,041 |
Kraft Heinz Co (KHC)
Kraft Heinz Co (KHC)