Kraft Foods Group Inc (KRFT) financial statements (2020 and earlier)

Company profile

Business Address THREE LAKES DRIVE
NORTHFIELD, IL 60093
State of Incorp.
Fiscal Year End December 31
SIC 20 - Food And Kindred Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,2931,6861,255
Cash and cash equivalents1,2931,6861,255
Receivables1,0801,0481,089
Inventory, net of allowances, customer advances and progress billings1,7751,6161,928
Inventory1,7751,6161,928
Prepaid expense and other current assets131
Deferred tax assets384360420
Other current assets259198
Total current assets:4,7914,9084,823
Noncurrent Assets
Property, plant and equipment4,1924,1154,204
Intangible assets, net (including goodwill)13,63813,73413,977
Goodwill11,40411,50511,346
Intangible assets, net (excluding goodwill)2,2342,2292,631
Other noncurrent assets326391
Prepaid expense and other noncurrent assets325
Total noncurrent assets:18,15618,24018,506
TOTAL ASSETS:22,94723,14823,329
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities2,5351,7321,750
Accounts payable1,5371,5481,556
Accrued liabilities511  
Employee-related liabilities163184194
Interest and dividends payable324  
Debt1,405 5
Other liabilities641483579
Other undisclosed current liabilities1921,1951,272
Total current liabilities:4,7733,4103,606
Noncurrent Liabilities
Long-term debt and lease obligation, including:8,6279,9769,966
Other undisclosed long-term debt and lease obligation8,6279,9769,966
Liabilities, other than long-term debt5,1824,5756,185
Pension and other postretirement defined benefit plans, liabilities3,4855,492
Deferred tax liabilities, net340662288
Liability, pension and other postretirement and postemployment benefits4,504
Other liabilities338428405
Total noncurrent liabilities:13,80914,55116,151
Total liabilities:18,58217,96119,757
Stockholders' equity
Stockholders' equity attributable to parent4,3655,1873,572
Treasury stock, value(796)(29)(2)
Additional paid in capital4,6784,4344,240
Accumulated other comprehensive loss(562)(499)(460)
Retained earnings (accumulated deficit)1,0451,281(206)
Total stockholders' equity:4,3655,1873,572
TOTAL LIABILITIES AND EQUITY:22,94723,14823,329

Income statement (P&L) ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Revenues18,20518,21818,339
Cost of revenue
(Cost of Goods and Services Sold)
(13,360)(11,395)(12,499)
Gross profit:4,8456,8235,840
Operating expenses(3,104)(2,386)(3,348)
Other undisclosed operating income149154178
Operating income:1,8904,5912,670
Nonoperating income (expense) (22)21
Investment income, nonoperating  41
Other nonoperating expense (22)(20)
Interest and debt expense(484)(501)(258)
Income from continuing operations before equity method investments, income taxes:1,4064,0682,433
Other undisclosed income from continuing operations before income taxes 2220
Income from continuing operations before income taxes:1,4064,0902,453
Income tax expense(363)(1,375)(811)
Net income attributable to parent:1,0432,7151,642
Other undisclosed net loss available to common stockholders, basic(5)(12)(5)
Net income available to common stockholders, diluted:1,0382,7031,637

Comprehensive Income ($ in millions)

12/31/2014
12/31/2013
12/31/2012
Net income:1,0432,7151,642
Other comprehensive loss(63)  
Comprehensive income:9802,7151,642
Other undisclosed comprehensive loss, net of tax, attributable to parent (39)(98)
Comprehensive income, net of tax, attributable to parent:9802,6761,544

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: