The Kraft Heinz Company (KHC) financial statements (2023 and earlier)
Company profile
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021
| 12/31/2020
| 12/31/2019
| 12/31/2018
| 12/31/2017
| 12/31/2016
| 12/31/2015
|
|
ASSETS |
|
Current Assets |
|
Cash, cash equivalents, and short-term investments | 3,445 | 3,417 | 2,279 | 1,130 | 1,629 | 4,204 | 4,837 |
|
Cash and cash equivalents | 3,445 | 3,417 | 2,279 | 1,130 | 1,629 | 4,204 | 4,837 |
|
Restricted cash and investments | | | | | 140 | | |
|
Receivables | 1,957 | 2,063 | 2,146 | 2,281 | 1,503 | 769 | 871 |
|
Inventory, net of allowances, customer advances and progress billings | 2,729 | 2,554 | 2,721 | 2,667 | 2,815 | 2,684 | 2,618 |
|
Inventory | 2,729 | 2,554 | 2,721 | 2,667 | 2,815 | 2,684 | 2,618 |
|
Prepaid expense | 136 | 351 | 384 | 400 | | | |
|
Disposal group, including discontinued operation | 11 | 1,863 | 122 | 1,376 | | | |
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Other current assets | 716 | 574 | 445 | 1,221 | 966 | 967 | 871 |
|
Other undisclosed current assets | | | | | 213 | 129 | 583 |
|
Total current assets: | 8,994 | 10,822 | 8,097 | 9,075 | 7,266 | 8,753 | 9,780 |
|
Noncurrent Assets |
|
Finance lease, right-of-use asset | 126 | | | ✕ | ✕ | ✕ | ✕ |
|
Operating lease, right-of-use asset | 569 | | | ✕ | ✕ | ✕ | ✕ |
|
Property, plant and equipment | | | 7,055 | 7,078 | 7,120 | 6,688 | 6,524 |
|
Intangible assets, net (including goodwill) | 74,838 | 79,756 | 84,198 | 85,971 | 104,273 | 103,422 | 105,171 |
|
Goodwill | 31,296 | 33,089 | 35,546 | 36,503 | 44,824 | 44,125 | 43,051 |
|
Intangible assets, net (excluding goodwill) | 43,542 | 46,667 | 48,652 | 49,468 | 59,449 | 59,297 | 62,120 |
|
Regulated entity, other noncurrent assets | 97 | 130 | | | | | |
|
Restricted cash and investments | 1 | 1 | | | | | |
|
Other noncurrent assets | 2,756 | 2,376 | 2,100 | 1,337 | 1,573 | 1,617 | 1,498 |
|
Other undisclosed noncurrent assets | 6,013 | 6,745 | | | | | |
|
Total noncurrent assets: | 84,400 | 89,008 | 93,353 | 94,386 | 112,966 | 111,727 | 113,193 |
|
TOTAL ASSETS: | 93,394 | 99,830 | 101,450 | 103,461 | 120,232 | 120,480 | 122,973 |
|
LIABILITIES AND EQUITY |
|
Liabilities |
|
Current Liabilities |
|
Accounts payable and accrued liabilities | 6,366 | 5,608 | 5,034 | 5,283 | 5,700 | 5,454 | 5,280 |
|
Accounts payable | 4,753 | 4,304 | 4,003 | 4,153 | 4,449 | 3,996 | 2,844 |
|
Accrued liabilities | 804 | 946 | 647 | 722 | 680 | 749 | 856 |
|
Taxes payable | 541 | | | | 152 | 255 | 417 |
|
Interest and dividends payable | 268 | 358 | 384 | 408 | 419 | 454 | 1,163 |
|
Debt | 754 | 236 | 1,028 | 398 | 3,203 | 2,691 | |
|
Postemployment benefits liability | | | | | 51 | 157 | 328 |
|
Disposal group, including discontinued operation | | 17 | 9 | 55 | | | |
|
Other liabilities | 1,944 | 2,200 | 1,804 | 1,767 | 1,178 | 1,199 | 1,324 |
|
Total current liabilities: | 9,064 | 8,061 | 7,875 | 7,503 | 10,132 | 9,501 | 6,932 |
|
Noncurrent Liabilities |
|
Long-term debt and lease obligation, including: | 21,061 | 28,070 | 28,216 | 30,770 | 28,333 | 29,713 | 25,151 |
|
Finance lease, liability | 98 | | 158 | ✕ | ✕ | ✕ | ✕ |
|
Operating lease, liability | 484 | | 454 | ✕ | ✕ | ✕ | ✕ |
|
Other undisclosed long-term debt and lease obligation | 20,479 | 28,070 | 27,604 | 30,770 | 28,333 | 29,713 | 25,151 |
|
Liabilities, other than long-term debt | 13,817 | 13,456 | 13,610 | 1,208 | 15,520 | 23,692 | 24,654 |
|
Deferred revenue | 1,534 | | | ✕ | ✕ | ✕ | ✕ |
|
Deferred tax liabilities, net | ✕ | ✕ | ✕ | | 14,076 | 20,848 | 21,497 |
|
Deferred income tax liabilities | 10,536 | 11,462 | 11,878 | ✕ | ✕ | ✕ | ✕ |
|
Liability, pension and other postretirement and postemployment benefits | 205 | 243 | 273 | 306 | 427 | 2,038 | 2,405 |
|
Other liabilities | 1,542 | 1,751 | 1,459 | 902 | 1,017 | 806 | 752 |
|
Other undisclosed noncurrent liabilities | | | | 12,202 | | | |
|
Total noncurrent liabilities: | 34,878 | 41,526 | 41,826 | 44,180 | 43,853 | 53,405 | 49,805 |
|
Total liabilities: | 43,942 | 49,587 | 49,701 | 51,683 | 53,985 | 62,906 | 56,737 |
|
Temporary equity, carrying amount | 4 | | | 3 | 6 | | 8,343 |
|
Stockholders' equity |
|
Stockholders' equity attributable to parent | 49,298 | 50,103 | 51,623 | 51,657 | 66,034 | 57,358 | 57,685 |
|
Common stock | 12 | 12 | 12 | 12 | 12 | 12 | 12 |
|
Treasury stock, value | (587) | (344) | (271) | (282) | (224) | (207) | (31) |
|
Additional paid in capital | 53,379 | 55,096 | 56,828 | 58,723 | 58,711 | 58,593 | 58,375 |
|
Accumulated other comprehensive loss | (1,824) | (1,967) | (1,886) | (1,943) | (1,054) | (1,628) | (671) |
|
Retained earnings (accumulated deficit) | (1,682) | (2,694) | (3,060) | (4,853) | 8,589 | 588 | |
|
Stockholders' equity attributable to noncontrolling interest | 150 | 140 | 126 | 118 | 207 | 216 | 208 |
|
Total stockholders' equity: | 49,448 | 50,243 | 51,749 | 51,775 | 66,241 | 57,574 | 57,893 |
|
TOTAL LIABILITIES AND EQUITY: | 93,394 | 99,830 | 101,450 | 103,461 | 120,232 | 120,480 | 122,973 |
Income statement (P&L) ($ in millions)
Comprehensive Income ($ in millions)
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission
(SEC)
through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from
the 10-K and 10-Q reports submitted
to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP
Taxonomy.
Please review the original filings
for a more detailed information.