Kraft Heinz Files 2023 Annual Report, Details Fiscal Year End

TL;DR

🚨 **KHC just dropped its 2023 annual 10-K, giving us the full financial picture for the year ending Dec 30th!**

AI Summary

Kraft Heinz Co. filed its annual 10-K report on February 15, 2024, for the fiscal year ended December 30, 2023. The filing, identified by CIK 0001637459, provides a comprehensive overview of the company's financial and operational status. Kraft Heinz Co., formerly H.J. Heinz Holding Corp. until March 23, 2015, operates in the canned, frozen, and preserved food specialties sector from its business address at One PPG Place, Pittsburgh, PA.

Why It Matters

This 10-K filing offers investors and the public a detailed look into Kraft Heinz Co.'s financial performance, risks, and strategic direction for the past year, crucial for informed investment decisions in the food industry.

Risk Assessment

Risk Level: medium — As a large, established consumer staples company, Kraft Heinz generally carries a medium risk profile, though specific financial details from the full report would refine this assessment.

Key Numbers

• N/A — Financial Data (Specific dollar amounts for revenue, expenses, or profit are not present in the provided text snippet of the 10-K filing.)

Key Players & Entities

• Kraft Heinz Co (company) — filer
• 0001637459 (dollar_amount) — Central Index Key (CIK)
• H.J. Heinz Holding Corp (company) — former company name
• 20231230 (date) — Conformed Period of Report
• 20240215 (date) — Filed As Of Date
• ONE PPG PLACE (address) — business street address
• PITTSBURGH (city) — business city
• PA (state) — business state

FAQ

From the Filing

0001637459-24-000018.txt : 20240215 0001637459-24-000018.hdr.sgml : 20240215 20240215074033 ACCESSION NUMBER: 0001637459-24-000018 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 192 CONFORMED PERIOD OF REPORT: 20231230 FILED AS OF DATE: 20240215 DATE AS OF CHANGE: 20240215 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Kraft Heinz Co CENTRAL INDEX KEY: 0001637459 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 462078182 STATE OF INCORPORATION: DE FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37482 FILM NUMBER: 24642119 BUSINESS ADDRESS: STREET 1: ONE PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 412-456-5700 MAIL ADDRESS: STREET 1: ONE PPG PLACE CITY: PITTSBURGH STATE: PA ZIP: 15222 FORMER COMPANY: FORMER CONFORMED NAME: H.J. Heinz Holding Corp DATE OF NAME CHANGE: 20150323 10-K 1 khc-20231230.htm 10-K khc-20231230 false 2023 FY 0001637459 P3Y http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense P3Y P3Y P3Y http://fasb.org/us-gaap/2023#PensionPlansDefinedBenefitMember http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://www.kraftheinzcompany.com/20231230#SellingGeneralAndAdministrativeExpenseExcludingImpairmentLosses http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2023#RevenueFromContractWithCustomerIncludingAssessedTax http://fasb.org/us-gaap/2023#CostOfGoodsAndServicesSold http://www.kraftheinzcompany.com/20231230#SellingGeneralAndAdministrativeExpenseExcludingImpairmentLosses http://fasb.org/us-gaap/2023#InterestExpense http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligationsCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations http://fasb.org/us-gaap/2023#LongTermDebtAndCapitalLeaseObligations 0001637459 2023-01-01 2023-12-30 0001637459 us-gaap:CommonStockMember 2023-01-01 2023-12-30 0001637459 khc:FloatingRateSeniorNotesDue2025Member 2023-01-01 2023-12-30 0001637459 2023-07-01 iso4217:USD 0001637459 2024-02-10 xbrli:shares 0001637459 2021-12-26 2022-12-31 0001637459 2020-12-27 2021-12-25 iso4217:USD xbrli:shares 0001637459 2023-12-30 0001637459 2022-12-31 0001637459 us-gaap:CommonStockMember 2020-12-26 0001637459 us-gaap:AdditionalPaidInCapitalMember 2020-12-26 0001637459 us-gaap:RetainedEarningsMember 2020-12-26 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-26 0001637459 us-gaap:TreasuryStockCommonMember 2020-12-26 0001637459 us-gaap:NoncontrollingInterestMember 2020-12-26 0001637459 2020-12-26 0001637459 us-gaap:RetainedEarningsMember 2020-12-27 2021-12-25 0001637459 us-gaap:NoncontrollingInterestMember 2020-12-27 2021-12-25 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-27 2021-12-25 0001637459 2019-12-29 2020-12-26 0001637459 us-gaap:AdditionalPaidInCapitalMember 2020-12-27 2021-12-25 0001637459 us-gaap:TreasuryStockCommonMember 2020-12-27 2021-12-25 0001637459 us-gaap:CommonStockMember 2021-12-25 0001637459 us-gaap:AdditionalPaidInCapitalMember 2021-12-25 0001637459 us-gaap:RetainedEarningsMember 2021-12-25 0001637459 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-25 0001637459 us-gaap:TreasuryStockCommonMember 2021-12-25 0001637459 us-gaap:Noncontrolling