> !"#$%&' l \pThe Free Software Foundation B=PF0*8X@"1 Helvetica1Courier1Courier New1Courier New1 Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)**_($* #,##0_);_($* (#,##0);_($* ""_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* ""_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* ""??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* ""??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)60%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0) + ) , * Ј ~~ ؈ ~~#؈ ~~ ؈ ~~8#܈ ~~<#܈ ~~3#܈ ~~7#܈ ~~4#܈ ~~83ffff̙̙3f3fff3f3f33333f33The Kraft Heinz Company &.Securities registered pursuant hCTable of ContentshTable of Conten (1)$Net Sales by Product Category&2Trademarks and Intellectual PrExecutive Officers/Item 2 Properties&Item 5 Market for Registrants C&Comparison of Cumulative Total &417Issuer Purchases of Equity Se N118Selected Financial Data[Summary of ResultsMy Net Sales
Net Income
Diluted EPS&Year Ended December 30 2017 com&Year Ended December 31 2016 comQ25Net SalesPro Forma Net SalesGOrganic Net SalescOrganic Net Sal (1)Adjusted EBITDAΫ27United States
JCanada
Europe=29Rest of World%!31Postemployment Benefit Plans$x731Postemployment Benefit (1)&QAggregate Contractual Obligatio&.m37Supplemental Unaudited Pro Fo$37Supplemental Unaudited (1)#40NonGAAP Financial Measures]40NonGAAP Financial (1)40NonGAAP Financial (2)/40NonGAAP Financial (3)t'40NonGAAP Financial (4)7H40NonGAAP Financial (5)&eEffect of Hypothetical 10 Fluct&47Definition and Limitations of47Definition and (1)S47Definition and (2)47Definition and (3)47Definition and (4)f47Definition and (5)&DAccounting Standards Not Yet AdTransaction Overview&61Valuation Assumptions and Pur#u61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities&6$Total Integration and Restructu!6?Total Integration and (1)X65Note 4 Restricted CashoNote 5 Inventories&ANote 6 Property Plant and Equip3Goodwill&ŶIndefinitelived intangible asse&#Definitelived intangible assets67Note 8 Income Taxes 67Note 8 Income (1)'67Note 8 Income (2)dA67Note 8 Income (3)]71Stock Optionsw71Stock Options (1)71Stock Options (2)71Stock Options (3)URestricted Stock UnitsTotal Equity Awards$Obligations and Funded Status"Obligations and Funded (1)".Obligations and Funded (2)"/GObligations and Funded (3)"h_Obligations and Funded (4)&w75Components of Net Pension CosG75Components of Net (1)Plan AssetsuPlan Assets (1)Plan Assets (2)Y Plan Assets (3). Plan Assets (4) K 79Future Benefit Payments"b Obligations and Funded (5)"Z Obligations and Funded (6)"ܕ Obligations and Funded (7)"D Obligations and Funded (8)"p Obligations and Funded (9)&1 81Components of Net PostretiremJ 81Components of Net (1)h
Future Benefit Payments&
82Accumulated Other Comprehensi8
82Accumulated Other (1)]
Derivative Volume&t
83Fair Value of Derivative Instb
83Fair Value of (1)
Net Investment Hedging&
Derivative Impact on the Statem$ Derivative Impact on the (1)&087Note 12 Accumulated Other Com!`87Note 12 Accumulated (1)![87Note 12 Accumulated (2)Leases S91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common Stock!0,Note 18 Earnings Per Share `JNote 19 Segment ReportingcNote 19 Segment (1)cNote 19 Segment (2)âNote 19 Segment (3)Concentration of risk&97Geographic Financial Informat"j97Geographic Financial (1)&
Note 20 Quarterly Financial Datu(
Note 20 Quarterly (1)&gE
Note 21 Supplemental Financial Kl
Note 21 Supplemental (1) 5
Note 21 Supplemental (2)
Note 21 Supplemental (3)
Note 21 Supplemental (4) =Note 21 Supplemental (5) qNote 21 Supplemental (6) ANote 21 Supplemental (7) Note 21 Supplemental (8) cNote 21 Supplemental (9)&Item 12 Security Ownership of C&*Item 15 Exhibits and Financial DItem 15 Exhibits and (1) ^Item 15 Exhibits and (2) Settlement of Vested RSUsՖList of SubsidiarieswList of Subsidi (1).List of Subsidi (2)bList of Subsidi (3)
l .
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??!Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }6}$ }+
Kraft Heinz Co10K
02/16/2018The Kraft Heinz Company
Delaware
4620781825(State or other jurisdiction of incorporation,$(I.R.S. Employer Identification No.)or organization)/
'One PPG Place, Pittsburgh, Pennsylvania
~
0((Address of Principal Executive Offices)
(Zip Code)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,fyma=v)=PF0*8X>
@
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }6}!}
Kraft Heinz Co10K
02/16/2018C;Securities registered pursuant to section 12(g) of the Act: !
Large accelerated filer x
Accelerated filer o
Nonaccelerated filer o#Smaller reporting company o!Emerging growth company o5(Do not check if a smaller reporting company)
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/&@maUI=Z!=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }I;}
J
Kraft Heinz Co10K
02/16/2018Table of Contents
PART I~
Item 1. Business.~
Item 1A. Risk Factors.~
+
#Item 1B. Unresolved Staff Comments.~
BItem 2. Properties.~
B"Item 3. Legal Proceedings.~
B( Item 4. Mine Safety Disclosures.~
BPART II~
F.&Item 5. Market for Registrant?s Common~
F/'Equity, Related Stockholder Matters and.&Issuer Purchases of Equity Securities.( Item 6. Selected Financial Data.~
J4,Item 7. Management?s Discussion and Analysis~
N91of Financial Condition and Results of Operations.Overview~
N*"Consolidated Results of Operations~
V( Results of Operations by Segment~
f$Critical Accounting Policies~
z%New Accounting Pronouncements~
Contingencies~
Commodity Trends~
'Liquidity and Capital Resources~
DlsgO/j6h6yWtM !"#$%&'()*+,./0123456789:;<=>?4 ,OffBalance Sheet Arrangements and Aggregate~
!Contractual Obligations"Equity and Dividends~
"2#*Supplemental Unaudited Pro Forma Condensed~
#&$Combined Financial Information#%NonGAAP Financial Measures~
%&%Item 7A. Quantitative and Qualitative~
&&'Disclosures about Market Risk.6(.Item 8. Financial Statements and Supplementary~
(
)Data./*'Report of Independent Registered Public~
*+Accounting Firm),!Consolidated Statements of Income~
,0(Consolidated Statements of Comprehensive~
.Income#/Consolidated Balance Sheets~
/)0!Consolidated Statements of Equity~
01%Consolidated Statements of Cash Flows~
122*Notes to Consolidated Financial Statements~
243,Note 1. Background and Basis of Presentation~
3&4Note 2. Merger and Acquisition~
45%Note 3. Integration and Restructuring~
56Expenses7Note 4. Restricted Cash~
7
8Note 5. Inventories~
8
9%Note 6. Property, Plant and Equipment~
9
.:&Note 7. Goodwill and Intangible Assets~
:
;Note 8. Income Taxes~
;/<'Note 9. Employees? Stock Incentive Plan~
<(= Note 10. Postemployment Benefits~
=*&>Note 11. Financial Instruments~
>N0?(Note 12. Accumulated Other Comprehensive~
?bD+ li%]m+j&iU$xJ @ABCDEFGHI@
Income/(Loss)1A)Note 13. Venezuela  Foreign Currency and~
AjB Inflation'CNote 14. Financing Arrangements~
Cn.D&Note 15. Commitments and Contingencies~
DnEF$G____________________________1H)Created by Morningstar Document Research.0I(http://documentresearch.morningstar.com/[V
=PF0*8X>
@IIHHGG
l +?
dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsNet Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }6}$
+
Kraft Heinz Co10K
02/16/2018Table of Contents
Note 16. Debt~
rNote 17. Capital Stock~
z#Note 18. Earnings Per Share~
~"
Note 19. Segment Reporting~
~5Note 20. Quarterly Financial Data (Unaudited)~
3+Note 21. Supplemental Financial Information~
1)Item 9. Changes in and Disagreements with~
/'Accountants on Accounting and FinancialDisclosure.)!Item 9A. Controls and Procedures.~
#Item 9B. Other Information.~
PART III~
.&Item 10. Directors, Executive Officers~
!and Corporate Governance.( Item 11. Executive Compensation.~
.&Item 12. Security Ownership of Certain~
4,Beneficial Owners and Management and RelatedStockholder Matters.2*Item 13. Certain Relationships and Related~
0(Transactions, and Director Independence..&Item 14. Principal Accountant Fees and~
Services.DlsgO(Hv;Ei5 !"#$%&'()* PART IV~
1!)Item 15. Exhibits and Financial Statement~
!"
Schedules.##Item 16. Form 10K Summary.~
#$
Signatures~
$)%!Valuation and Qualifying Accounts%S1&'$(____________________________1))Created by Morningstar Document Research.0*(http://documentresearch.morningstar.com/Q=PF0*8X>
@**))((
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$}$}$ }$}$}$ }$}$
Kraft Heinz Co10K
02/16/2018%Net Sales by Product Category
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)
Condiments and sauces~
f
%
~
b
%
~
%Cheese and dairy~
V %~
V %~
> %
Ambient meals~
& %~
& %~
* % Frozen and chilled meals~
* %~
* %~
2 %Meats and seafood~
* %~
* %~
" %$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/2Hsg[7G@!=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product CategoryExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }m}$ }$4
Kraft Heinz Co10K
02/16/2018%2Trademarks and Intellectual Property
.
&Majority Owned and Licensed Trademarks
United States0(Kraft, Oscar Mayer, Heinz, Philadelphia,/'Lunchables, Velveeta, Planters, Maxwell

%House, Capri Sun*, OreIda, KoolAid,JellOCanada3+Kraft, Heinz, Philadelphia, Cracker Barrel,.&P?Tit Cheese, Maxwell House, Tassimo*,ClassicoEurope%Heinz, Plasmon, Pudliszki, Honig, HP, Benedicta
Rest of World1)Heinz, ABC, Master, Quero, Golden Circle,*"Kraft, Wattie's, Glucon D, Complan$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:wk_S/Ay/=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$ }}$ }6
Kraft Heinz Co10K
02/16/2018Executive Officers
Name
Age
Title
Bernardo Hees~
Chief Executive OfficerDavid Knopf~
v4,Executive Vice President and Chief Financial
Officer
Paulo Basilio~
%President of U.S. Commercial BusinessPedro Drevon~
'Zone President of Latin AmericaRashida La Lande~
%Senior Vice President, Global General'Counsel and Corporate SecretaryRafael Oliveira~
Zone President of EMEAEduardo Pelleissone~
5Executive Vice President of Global OperationsCarlos Piani~
Zone President of CanadaRodrigo Wickbold~
Zone President of APAC$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/:K~rf*X!@znb:=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive Officers!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }m}}$ }
Kraft Heinz Co10K
02/16/2018Item 2. Properties.
Owned
Leased
United States~
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Rest of World~
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$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/,3}qe5G=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }a}$
Kraft Heinz Co10K
02/16/2018jbItem 5. Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of
2017 Quarters
2016 Quarters
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Third
Fourth
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }0}$
Kraft Heinz Co10K
02/16/2018%Comparison of Cumulative Total Return
Kraft Heinz
S&P 500
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"S&P Consumer Staples Food ProductsJuly 6, 2015~
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }a/}$ }U}$ } $}
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Kraft Heinz Co10K
02/16/2018_W17Issuer Purchases of Equity Securities During the Three Months Ended December 30, 2017
Total Number
Average Price
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U5}$
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Kraft Heinz Co10K
02/16/2018"18Selected Financial Data:
Successor
Predecessor
(H. J. Heinz Company)December 30,December 31,
January 3,
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }0}$ } }
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Kraft Heinz Co10K
02/16/2018Summary of Results:
December 30,
December 31,
% Change
December 31,
January 3,
% Change~
~
~
~
(52 weeks)
(52 weeks)
(52 weeks)
(53 weeks)
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U}$ } }
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Kraft Heinz Co10K
02/16/2018
Net Sales:
December 30,
December 31,
% Change
December 31,
January 3,
% Change~
~
~
~
(52 weeks)
(52 weeks)
(52 weeks)
(53 weeks)
(in millions)
(in millions)
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }0}$ } }
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Kraft Heinz Co10K
02/16/2018Net Income:
December 30,
December 31,
% Change
December 31,
January 3,
% Change~
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(52 weeks)
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Net Income!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$ }
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Kraft Heinz Co10K
02/16/2018Diluted EPS:
December 30,
December 31,
% Change
December 31,
January 3,
% Change~
~
~
~
(52 weeks)
(52 weeks)
(52 weeks)
(53 weeks)
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Net Income
Diluted EPS!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }7}$ }
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Kraft Heinz Co10K
02/16/2018RJYear Ended December 30, 2017 compared to the Year Ended December 31, 2016:
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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Kraft Heinz Co10K
02/16/2018PHYear Ended December 31, 2016 compared to the Year Ended January 3, 2016:
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Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 comPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
Kraft Heinz Co10K
02/16/201825Net Sales:
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)
(in millions)
Net sales:
United States~
~
F#~
Canada~
:"~
$~
vEurope~
f%~
$~
)
Rest of World~
3~
1~
3Total net sales~
~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }I"}$
Kraft Heinz Co10K
02/16/2018Pro Forma Net Sales:
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)
(in millions)$Pro forma net sales (a) :
United States~
~
F#~
'Canada~
:"~
$~
J%Europe~
f%~
$~
)
Rest of World~
3~
1~
B6!Total pro forma net sales~
~
ޝ~
ެ$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6pdj6?t=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
Kraft Heinz Co10K
02/16/2018Organic Net Sales:
2017 Compared to 2016
2016 Compared to 2015December 30,December 31, December 31,
January 3,~
~
~
~
(52 weeks)
(52 weeks)
(52 weeks)
(53 weeks)
(in millions)"Organic Net Sales (a) :
United States~
~
F#~
F#~
.$Canada~
!~
$~
f%~
$Europe~
F%~
$~
b'~
r(
Rest of World~
N3~
0~
2~
*0Total Organic Net Sales~
~
~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/8 ~rfLV/N=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesAdjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }} }$}$ }a}$ }$}$ }} $ }
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Kraft Heinz Co10K
02/16/2018Organic Net Sales:
Pro Forma Net Sales (a)
Impact of Currency
Impact of Divestitures
Impact of 53rd Week
Organic Net Sales
Price
Volume/Mix2017 Compared to 2016
United States %0.0 pp0.0 pp0.0 pp
%
0.4 pp(1.9) pp
Canada
%
1.8 pp
0.0 pp
0.0 pp
~
%
(1.7) pp
(5.3) ppEurope? %0.3 pp0.0 pp0.0 pp
? %
(0.9) pp1.7 pp
Rest of World333333@ %(1.5) pp0.0 pp0.0 pp
@ %
4.6 pp0.8 ppKraft Heinz~
%0.0 pp0.0 pp0.0 pp ~
%
0.5 pp(1.5) pp
2016 Compared to 2015
United States %0.0 pp0.0 pp(1.2) pp
333333ӿ %
0.2 pp(0.5) ppCanada %(3.5) pp0.0 pp(1.1) pp
ffffff? %
0.6 pp0.8 ppEurope~
%(5.8) pp(1.6) pp(1.0) pp
%
(2.5) pp(0.1) pp
Rest of Worldffffff! % (13.2) pp0.0 pp(1.4) pp
@ %
3.2 pp2.7 ppKraft Heinz %(2.5) pp(0.1) pp(1.2) pp
333333? %
0.3 pp0.0 pp$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/>60~rfZw=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U5}$
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Kraft Heinz Co10K
02/16/2018Adjusted EBITDA:
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)
(in millions) Segment Adjusted EBITDA:
United States~
]~
[~
JICanada~
~
~
vEurope~
6~
6~
Rest of World~
~
F
~
"General corporate expenses~
R~
r~
R0(Depreciation and amortization (excluding~
~
~
/'integration and restructuring expenses).&Integration and restructuring expenses~
~
2~
Merger costs ?~
~
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.&Unrealized gains/(losses) on commodity~
~
~
hedgesImpairment losses~
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.~
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V( Nonmonetary currency devaluation ?~
~
4,Equity award compensation expense (excluding~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDACanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U}$ } }
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Kraft Heinz Co10K
02/16/201827United States:
2017 Compared to 2016
2016 Compared to 2015December 30,December 31, % ChangeDecember 31,
January 3,% Change~
~
~
~
(52 weeks)
(52 weeks)
(52 weeks)
(53 weeks)
(in millions)
(in millions) Net sales~
~
F#
%~
F#~
33333Q@ %Pro forma net sales (a)~
~
F#
%~
F#~
' %Organic Net Sales (b)~
~
F#
%~
F#~
.$333333ӿ %Segment Adjusted EBITDA~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U}$ } }
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Kraft Heinz Co10K
02/16/2018Canada:
2017 Compared to 2016
2016 Compared to 2015December 30,December 31, % ChangeDecember 31,
January 3,% Change~
~
~
~
(52 weeks)
(52 weeks)
(52 weeks)
(53 weeks)
(in millions)
(in millions) Net sales~
:"~
$
%~
$~
vYN@ %Pro forma net sales (a)~
:"~
$
%~
$~
J% %Organic Net Sales (b)~
!~
$~
%~
f%~
$ffffff? %Segment Adjusted EBITDA~
~
%~
~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanada29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U}$ } U}
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Kraft Heinz Co10K
02/16/2018Europe:
2017 Compared to 2016
2016 Compared to 2015December 30,December 31, % ChangeDecember 31,
January 3,% Change~
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~
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(52 weeks)
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U}$ } U}
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Kraft Heinz Co10K
02/16/201829Rest of World:
2017 Compared to 2016
2016 Compared to 2015December 30,December 31, % ChangeDecember 31,
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Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }$4}$
Kraft Heinz Co10K
02/16/2018'31Postemployment Benefit Plans:
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }=}$
Kraft Heinz Co10K
02/16/2018'31Postemployment Benefit Plans:
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Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }%}
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Kraft Heinz Co10K
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }I;}$
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02/16/2018SK37Supplemental Unaudited Pro Forma Condensed Combined Financial Information
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }6}$
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Kraft Heinz Co10K
02/16/2018SK37Supplemental Unaudited Pro Forma Condensed Combined Financial Information
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$ }
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02/16/2018%40NonGAAP Financial Measures
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }!} }$}$ }y
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Kraft Heinz Co10K
02/16/2018%40NonGAAP Financial Measures
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$ }}$ }
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02/16/2018%40NonGAAP Financial Measures
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }!} }$}$ }}$ }y
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02/16/2018%40NonGAAP Financial Measures
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Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U5}$
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Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }y#}$
Kraft Heinz Co10K
02/16/2018@8Effect of Hypothetical 10% Fluctuation in Market Prices:
December 30,
December 31,~
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(52 weeks)
(52 weeks)
Commodity contracts~
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$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.[pdXL@d [=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }I;}$
'
Kraft Heinz Co10K
02/16/2018QI47Definition and Limitations of Internal Control over Financial Reporting
December 30,
December 31,
January 3,~
~
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(52 weeks)
(52 weeks)
(53 weeks)
Net sales~
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }6}$
'
Kraft Heinz Co10K
02/16/2018QI47Definition and Limitations of Internal Control over Financial Reporting
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)
Net income/(loss)~
~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }:}$
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Kraft Heinz Co10K
02/16/2018QI47Definition and Limitations of Internal Control over Financial Reporting
December 30, 2017
December 31, 2016ASSETS!Cash and cash equivalents~
v~
A/
'Trade receivables (net of allowances of~
f
~
4,$23 at December 30, 2017 and $20 at December 31, 2016)Sold receivables~
~
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~
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q~
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Bo~
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b~
vIntangible assets, net~
~
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~
FTOTAL ASSETS~
V~
ZLIABILITIES AND EQUITY%Commercial paper and other shortterm~
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*~
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2^22~
22#3Retained earnings/(deficit)~
3633~
32 374/Accumulated other comprehensive income/(losses)~
444~
4455Treasury stock, at cost (2 shares at December~
555~
5536+30, 2017 and 2 shares at December 31, 2016)"7Total shareholders' equity~
777~
7:78Noncontrolling interest~
8>88~
8b89TOTAL EQUITY~
999~
99$:TOTAL LIABILITIES AND EQUITY~
:V::~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }$4}$
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Kraft Heinz Co10K
02/16/2018QI47Definition and Limitations of Internal Control over Financial Reporting
Common Stock
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }2}$
J
Kraft Heinz Co10K
02/16/2018QI47Definition and Limitations of Internal Control over Financial Reporting
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
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%CASH FLOWS FROM OPERATING ACTIVITIES:
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~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }0}$
Kraft Heinz Co10K
02/16/2018QI47Definition and Limitations of Internal Control over Financial Reporting
December 30,
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)Transaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }$4}$
Kraft Heinz Co10K
02/16/2018%Accounting Standards Not Yet Adopted:
December 30,
December 31,
January 3,~
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(52 weeks)
(52 weeks)
(53 weeks)/
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet Ad!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }2}$
Kraft Heinz Co10K
02/16/2018Transaction Overview: 2
*Aggregate fair value of Kraft common stock~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }1}$
#
Kraft Heinz Co10K
02/16/2018>661Valuation Assumptions and Purchase Price Allocation:
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and PurPro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }!}$ }
Kraft Heinz Co10K
02/16/2018>661Valuation Assumptions and Purchase Price Allocation:
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Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
Kraft Heinz Co10K
02/16/2018Pro Forma Results:
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma ResultsRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }I"}$
Kraft Heinz Co10K
02/16/201863Integration Program:
,
$Severance and Employee Benefit Costs
Other Exit Costs (a)
Total$Balance at December 31, 2016~
~
*~
Charges/(credits)~
~
6~
Cash payments~
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Noncash utilization~
&~
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>$Balance at December 30, 2017~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration Program!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }I"}$
Kraft Heinz Co10K
02/16/2018!Restructuring Activities:
,
$Severance and Employee Benefit Costs
Other Exit Costs (a)
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring ActivitiesTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }0.}$
Kraft Heinz Co10K
02/16/2018,$Total Integration and Restructuring:
December 30,
December 31,
January 3,~
~
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(52 weeks)
(52 weeks)
(53 weeks).
&Severance and employee benefit costs ~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and Restructu65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
Kraft Heinz Co10K
02/16/2018,$Total Integration and Restructuring:
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)
United States~
~
~
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Rest of World~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)Note 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }0}$
Kraft Heinz Co10K
02/16/2018!65Note 4. Restricted Cash
December 30, 2017
December 31, 2016!Cash and cash equivalents~
v~
A0(Restricted cash included in other assets~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted Cash!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
Kraft Heinz Co10K
02/16/2018Note 5. Inventories
December 30, 2017
December 31, 2016!Packaging and ingredients~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }m)}$
Kraft Heinz Co10K
02/16/2018%Note 6. Property, Plant and Equipment
December 30, 2017
December 31, 2016Land~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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Goodwill!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }2}$
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02/16/201867Note 8. Income Taxes
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Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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02/16/201867Note 8. Income Taxes
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Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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02/16/201867Note 8. Income Taxes
December 30, 2017
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Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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02/16/201867Note 8. Income Taxes
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }0.}$ }$}$ }$}
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Kraft Heinz Co10K
02/16/201871Stock Options
December 30,
December 31,
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }1}$ }$
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02/16/201871Stock Options
January 3,~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }'}}$ }U}
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02/16/201871Stock Options
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}}$
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02/16/201871Stock Options
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Total Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }'}
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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02/16/2018Total Equity Awards
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Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }1}$
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }0}$
Kraft Heinz Co10K
02/16/2018&Obligations and Funded Status:
December 30, 2017
December 31, 2016'Other assets (longterm assets)~
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%Accrued postemployment costs (current~
^~
liabilities)/'Accrued postemployment costs (longterm~
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$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0~rfZ=A)u=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }$}$
Kraft Heinz Co10K
02/16/2018&Obligations and Funded Status:
U.S. Plans
NonU.S. PlansDecember 30, 2017December 31, 2016 December 30, 2017
December 31, 2016$Projected benefit obligation
$?~
V9~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }$}$
Kraft Heinz Co10K
02/16/2018&Obligations and Funded Status:
U.S. Plans
NonU.S. PlansDecember 30, 2017December 31, 2016 December 30, 2017
December 31, 2016$Projected benefit obligation
$?~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }y#}U}$}$ }U}$}$ }U}$} $ }
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Kraft Heinz Co10K
02/16/2018&Obligations and Funded Status:
U.S. Plans
NonU.S. PlansDecember 30, 2017December 31, 2016December 30, 2017
December 31, 2016
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }$4}$
Kraft Heinz Co10K
02/16/20183+75Components of Net Pension Cost/(Benefit):
U.S. Plans
NonU.S. PlansDecember 30,December 31,
January 3,
December 30,December 31,
January 3,~
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }0.}U}$}$ }U}$}$ }U}$} $ }
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02/16/20183+75Components of Net Pension Cost/(Benefit):
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Net Income
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)Plan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }!}$}$}$ }$}$}$ }$}$} $ }
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Kraft Heinz Co10K
02/16/2018Plan Assets:
U.S. Plans
NonU.S. PlansDecember 30, 2017December 31, 2016December 30, 2017
December 31, 2016Fixedincome securities~
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }$4}$
Kraft Heinz Co10K
02/16/2018Plan Assets:
Asset Category
Total Fair Value
5
Quoted Prices in Active Markets for Identical
+
#Significant Other Observable Inputs
'
Significant Unobservable InputsAssets (Level 2)
(Level 3) (Level 1)
Government bonds~
N
~
N
$?
$?
.&Corporate bonds and other fixedincome~
( ?~
(
?
securities%Total fixedincome securities~
0~
N~
(
?Equity securities~
R~
R ?
?Real estate~
? ?~
!Cash and cash equivalents~
B~
6~
?#Certain insurance contracts~
^ ? ?~
^1)Fair value excluding investments measured~
W~
~
(~
vat net asset value3+Investments measured at net asset value (a)~
4
'Total plan assets at fair value~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@Dxl/6zd hF(=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }1}$
Kraft Heinz Co10K
02/16/2018Plan Assets:
Asset Category
Total Fair Value
5
Quoted Prices in Active Markets for Identical
+
#Significant Other Observable Inputs
'
Significant Unobservable InputsAssets (Level 2)
(Level 3) (Level 1)
Government bonds~
~
j
~
*
$?
.&Corporate bonds and other fixedincome~
". ?~
".
?
securities%Total fixedincome securities~
5~
j~
J/
?Equity securities~
~
?
?Real estate~
? ?~
!Cash and cash equivalents~
~
~~
J
?#Certain insurance contracts~
? ?~
1)Fair value excluding investments measured~
I~
~
/~
at net asset value/'Investments measured at net asset value~
~:
'Total plan assets at fair value~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@Dxl/6zd hF(=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }!}$
Kraft Heinz Co10K
02/16/2018Plan Assets:
Asset Category
December 31,
Additions
Net Realized Gain/(Loss)
"
Net Unrealized Gain/(Loss)
0
(Net Purchases, Issuances and Settlements
'
Transfers Into/(Out of) Level 3
December 30,~
~
(52 weeks)
(52 weeks)
Real estate~
$?
~
:
~
:
$?
$?
~
#Certain insurance contracts~
~
v ?~
~
f ?~
^!Total Level 3 investments~
~
v~
:~
~
f
$?~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }!}$
Kraft Heinz Co10K
02/16/2018Plan Assets:
Asset Category
January 3,
Net Realized Gain/(Loss)
"
Net Unrealized Gain/(Loss)
0
(Net Purchases, Issuances and Settlements
'
Transfers Into/(Out of) Level 3
December 31,~
~
(53 weeks)
(52 weeks)
Equity securities~
$?
$?
~
$?
$?
Real estate~
~
~
n~
?~
#Certain insurance contracts~
?~
6~
>~
~
!Total Level 3 investments~
6~
~
~
~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0xlL+'2DFI=1 =PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)Obligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
Kraft Heinz Co10K
02/16/2018"79Future Benefit Payments:
U.S. Plans
NonU.S. Plans~
~
~
~
~
.~
"~
~
:
~
&
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U5}$
Kraft Heinz Co10K
02/16/2018&Obligations and Funded Status:
December 30, 2017
December 31, 2016/'Benefit obligation at beginning of year~
~
fService cost~
*~
.
Interest cost~
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Benefits paid~
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Actuarial losses/(gains)~
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Currency~
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Other~
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)!Benefit obligation at end of year~
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?4,Net postretirement benefit liability/(asset)~
~
!recognized at end of year$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/D_
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U5}$
Kraft Heinz Co10K
02/16/2018&Obligations and Funded Status:
December 30, 2017
December 31, 2016%Accrued postemployment costs (current~
~
liabilities)/
'Accrued postemployment costs (longterm~
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~
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recognized$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/.;~rfZ7=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }$}$
Kraft Heinz Co10K
02/16/2018&Obligations and Funded Status:
December 30, 2017
December 31, 2016&Accumulated benefit obligation~
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$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/(7T~rfZ>=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }a/}U}$}$ }U}$
Kraft Heinz Co10K
02/16/2018&Obligations and Funded Status:
December 30, 2017
December 31, 2016
Discount rate@ %ffffff@ %/'Health care cost trend rate assumed for@ %333333@ %
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }$4}$
Kraft Heinz Co10K
02/16/2018&Obligations and Funded Status:
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(Decrease)2*Effect on annual service and interest cost~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }6}$
Kraft Heinz Co10K
02/16/2018:281Components of Net Postretirement Cost/(Benefit):
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net PostretiremFuture Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }y#}U}$}$ }U}$}$ }U}$
Kraft Heinz Co10K
02/16/2018:281Components of Net Postretirement Cost/(Benefit):
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)$
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
Kraft Heinz Co10K
02/16/2018 Future Benefit Payments: ~
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }!}$
Kraft Heinz Co10K
02/16/2018:282Accumulated Other Comprehensive Income/(Losses):
Pension Benefits
Postretirement Benefits
TotalDecember 30, 2017December 31, 2016 December 30, 2017
December 31, 2016December 30, 2017December 31, 2016!Net actuarial gain/(loss)~
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other ComprehensiDerivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }6}$
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Kraft Heinz Co10K
02/16/2018:282Accumulated Other Comprehensive Income/(Losses):
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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02/16/2018Derivative Volume:
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Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }7}$
Kraft Heinz Co10K
02/16/2018/'83Fair Value of Derivative Instruments:
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative InstNet Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }7}$
Kraft Heinz Co10K
02/16/2018/'83Fair Value of Derivative Instruments:
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Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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02/16/2018Net Investment Hedging:
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Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment HedgingDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }=}$
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Kraft Heinz Co10K
02/16/2018]UDerivative Impact on the Statements of Income and Statements of Comprehensive Income:
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase ObligationsLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }1}$ }}$ }0}$ }}$
Kraft Heinz Co10K
02/16/2018LongTerm Debt:
Priority 1
Maturity Dates
Interest Rates 2
Carrying ValuesDecember 30, 2017December 31, 2016
(in millions)
U.S. dollar notes:
2025 Notes (a)Senior Secured NotesFebruary 15, 20254.875%~
~
&Other U.S. dollar notes (b)(c)Senior Notes 201820461.823%  7.125%~
6
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Euro notes (b)Senior Notes 202320281.500%  2.250%~
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)!Canadian dollar notes (b)Senior Notes 201820202.214%  2.700%~
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+#British pound sterling notes (b)(d)Senior Notes 202720304.125%  6.250%~
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R Other longterm debtVarious 201820350.500%  5.800%~
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!Capital lease obligations~
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>)!Current portion of longterm debt~
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Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtCommon StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
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02/16/2018LongTerm Debt: ~
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25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
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02/16/2018"Note 19. Segment Reporting
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Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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02/16/2018"Note 19. Segment Reporting
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B~
3+Total depreciation and amortization expense~
2~
~
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6rvj^dBKT+=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
Kraft Heinz Co10K
02/16/2018"Note 19. Segment Reporting
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)
Capital expenditures:
United States~
~
.
~
Canada~
~
z~
NEurope~
~
~
Rest of World~
F~
~
"General corporate expenses~
6~
~
"Total capital expenditures~
~
~~
"
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/6Pvj^dS\eMA5
=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }y#}$
Kraft Heinz Co10K
02/16/2018Concentration of risk:
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)
Condiments and sauces~
d
~
.e
~
[
Cheese and dairy~
U~
W~
+
Ambient meals~
$~
$~
Frozen and chilled meals~
J(~
'~
"Meats and seafood~
(~
>*~
"Refreshment beverages~
~
~
f
Coffee~
>~
Z~
Infant and nutrition~
~
~
%Desserts, toppings and baking~
~
V~
&Nuts and salted snacks~
~
j~
Other~
N~
n~
RTotal net sales~
~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }}$
Kraft Heinz Co10K
02/16/2018+#97Geographic Financial Information:
December 30,
December 31,
January 3,~
~
~
(52 weeks)
(52 weeks)
(53 weeks)
Net sales:
United States~
~
F#~
Canada~
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$~
vUnited Kingdom~
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~~
Other~
H~
F~
BHTotal net sales~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U}$
Kraft Heinz Co10K
02/16/2018+#97Geographic Financial Information:
December 30, 2017
December 31, 2016Longlived assets:
United States~
~
N
Canada~
g
~
r`
United Kingdom~
.a~
X
Other~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)Note 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }I;}$
Kraft Heinz Co10K
02/16/20185Note 20. Quarterly Financial Data (Unaudited)
2017 Quarters
FirstSecond
Third
Fourth,$(in millions, except per share data)
Net sales~
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~
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Gross profit~
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~
~
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}shareholders91Per share data applicable to common shareholders:
Basic earnings/(loss)\(\?ffffff? (\?
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial Dat!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }I;}$
Kraft Heinz Co10K
02/16/20185Note 20. Quarterly Financial Data (Unaudited)
2016 Quarters
FirstSecond
Third
Fourth,$(in millions, except per share data)
Net sales~
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Gross profit~
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Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }:}$
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Kraft Heinz Co10K
02/16/20183+Note 21. Supplemental Financial Information
Parent Guarantor
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Kraft Heinz Co10K
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Kraft Heinz Co10K
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3
Kraft Heinz Co10K
02/16/20183+Note 21. Supplemental Financial Information
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Kraft Heinz Co10K
02/16/20183+Note 21. Supplemental Financial Information
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6
Kraft Heinz Co10K
02/16/20183+Note 21. Supplemental Financial Information
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Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
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Kraft Heinz Co10K
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Kraft Heinz Co10K
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of CItem 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }8}y
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Kraft Heinz Co10K
02/16/2018<4Item 15. Exhibits and Financial Statement Schedules.
Page No./'Report of Independent Registered Public~
Accounting Firm
%Consolidated Statements of Income for~
3+the Years Ended December 30, 2017, December%31, 2016, and January 3, 20160(Consolidated Statements of Comprehensive~
/'Income for the Years Ended December 30,/'2017, December 31, 2016, and January 3,~
/'Consolidated Balance Sheets at December~
&30, 2017 and December 31, 2016%Consolidated Statements of Equity for~
3+the Years Ended December 30, 2017, December%31, 2016, and January 3, 2016%Consolidated Statements of Cash Flows~
7/for the Years Ended December 30, 2017, December%31, 2016, and January 3, 20166.Notes to the Consolidated Financial Statements~
0(Financial Statement Schedule  ValuationS13+and Qualifying Accounts for the Years Ended1)December 30, 2017, December 31, 2016, andDlth\PD,q:i[zQf# !": 2January 3, 2016 ____________________________1!)Created by Morningstar Document Research.0"(http://documentresearch.morningstar.com/
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }U}$ }
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Kraft Heinz Co10K
02/16/2018<4Item 15. Exhibits and Financial Statement Schedules.
Alexandre Behring*
Chairman of the BoardJohn T. Cahill*"Vice Chairman of the Board
Gregory E. Abel*DirectorWarren E. Buffett*DirectorTracy Britt Cool*DirectorFeroz Dewan*DirectorJeanne P. Jackson*DirectorJorge Paulo Lemann*DirectorMackey J. McDonald*Director
John C. Pope*DirectorMarcel Herrmann Telles*DirectorDlth\PD d@~A_ `< !"# $!____________________________1")Created by Morningstar Document Research.0#(http://documentresearch.morningstar.com/<=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }8}$
Kraft Heinz Co10K
02/16/2018<4Item 15. Exhibits and Financial Statement Schedules.
Additions
Deductions
Description&Balance at Beginning of Period%Charged to Costs and Expenses% Charged to Other Accounts (a)(
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)List of SubsidiariesList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }+}0
Kraft Heinz Co10K
02/16/2018!Settlement of Vested RSUs
Vesting Event
Settlement PeriodVesting Date0(As soon as practicable and no later than*"60 days following the Vesting Date,
$Termination of Service Without Cause0
(Within 60 days of your termination date*
Retirement0(Within 60 days of your termination date*
Disability0(Within 60 days of your termination date*
Death+#Within 60 days of the date of death$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/0wk_G'SG;=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of Subsidi (1)List of Subsidi (2)List of Subsidi (3)U }2}$ }$
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Kraft Heinz Co10K
02/16/2018List of Subsidiaries
Subsidiary
State or Country*"Alimentos Heinz de Costa Rica S.A.
Costa RicaAlimentos Heinz, C.A. Venezuela!
Asian Restaurants Limited
United Kingdom Battery Properties, Inc.DelawareBoca Foods CompanyDelaware%Cairo Food Industries, S.A.E.
EgyptCapri Sun, Inc.DelawareCarlton Bridge LimitedUnited KingdomChurny Company, Inc.DelawareClaussen Pickle Co.Delaware,$Comercializadora Heinz de Panama SCAPanama( Country Ford Development Limited
China&Delimex de Mexico S.A. de C.V.Mexico"Delta Incorporated LimitedBritish Virgin IslandsDevour Foods LLCDelaware)!Distribuidora Heinz Caracas, C.A. Venezuela+#Distribuidora Heinz Maracaibo, C.A. VenezuelaFall Ridge Partners LLPUnited Kingdom,$Foodstar (China) Investments Company
ChinaLimited*"Foodstar (Shanghai) Foods Co. Ltd.
ChinaD& lpd@p%]"[
(N !"#$%&'()*+,./0123456789:" Foodstar Holdings Pte Ltd. Singapore!Fundacion Heinz!! Venezuela"Garland BBQ Company""Delaware#Gevalia Kaffe LLC##Delaware$Golden Circle Limited$$ Australia2%*Guangzhou United Logistics Company Limited%
%China &H. J. Heinz Belgium S.A.&&Belgium&'H. J. Heinz Company Brands LLC''Delaware'(H. J. Heinz Global Holding B.V.((Netherlands#)H. J. Heinz Nigeria Limited))Nigeria$*H.J HEINZ GLOBAL HOLDING LLC**Delaware(+ H.J. Heinz Asset Leasing Limited++United Kingdom,H.J. Heinz B.V.,,Netherlands0(H.J. Heinz Company (New Zealand) LimitedNew Zealand,.$H.J. Heinz Company Australia Limited.. Australia"/H.J. Heinz Company Limited//United Kingdom*0"H.J. Heinz cr/sr a.s., v likvidaci00Czech Republic(1 H.J. Heinz European Holding B.V.11Netherlands!2H.J. Heinz Finance UK PLC22United Kingdom%3H.J. Heinz Foods Spain S.L.U.3
3Spain#4H.J. Heinz Foods UK Limited44United Kingdom5H.J. Heinz France SAS55France67$8____________________________19)Created by Morningstar Document Research.0:(http://documentresearch.morningstar.com/: }>l)Ks+K=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??The Kraft Heinz Company !Securities registered pursuant Table of ContentsTable of Conten (1)Net Sales by Product Category!2Trademarks and Intellectual PrExecutive OfficersItem 2 Properties!Item 5 Market for Registrants C!Comparison of Cumulative Total !17Issuer Purchases of Equity Se18Selected Financial DataSummary of Results Net Sales
Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (2)List of Subsidi (3)U }2}$ }
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Kraft Heinz Co10K
02/16/2018List of Subsidiaries 1
)H.J. Heinz Frozen & Chilled Foods Limited
United Kingdom&H.J. Heinz Global Holding C.V.NetherlandsH.J. Heinz GmbHGermany
H.J. Heinz Group B.V.
NetherlandsH.J. Heinz Holding B.V.Netherlands/'H.J. Heinz Investments Co?peratief U.A.Netherlands#H.J. Heinz Ireland HoldingsIreland%H.J. Heinz Manufacturing Belgium BVBABelgium0(H.J. Heinz Manufacturing Ireland LimitedIreland%H.J. Heinz Manufacturing Spain S.L.U.
Spain+#H.J. Heinz Manufacturing UK LimitedUnited Kingdom!H.J. Heinz Nederland B.V.Netherlands,$H.J. Heinz Netherlands Holdings C.V.Netherlands$H.J. Heinz Polska Sp. z o.o.Poland+#H.J. Heinz Supply Chain Europe B.V.Netherlands H.J. Heinz US Brands LLCDelaware0(Heinz (China) Investment Company Limited
China2*Heinz (China) Sauces & Condiments Co. Ltd.
China( Heinz Africa and Middle East FZEUnited Arab EmiratesHeinz Africa FZEUnited Arab EmiratesHeinz ASEAN Pte. Ltd. Singapore$Heinz Brasil Alimentos Ltda.BrazilD lpd@^~8GW{*7 !"#$%&'()*+,./0123456789:;<= Heinz Brasil, S.A. Brazil!Heinz Colombia SAS!!Colombia"Heinz Credit LLC""Delaware#Heinz Egypt LLC#
#Egypt$Heinz Egypt Trading LLC$
$Egypt%Heinz Europe Unlimited%%United Kingdom*&"Heinz Finance (Luxembourg) S.? r.l&&
Luxembourg.'&Heinz Foods South Africa (Proprietary)''South Africa(Limited() Heinz Foreign Investment Company)
)Idaho)*!Heinz Frozen & Chilled Foods B.V.**Netherlands!+Heinz Gida Anonim Sirketi++Turkey,Heinz Hong Kong Limited,
,China Heinz India Private Ltd.
India*."Heinz Investments (Cyprus) Limited..Cyprus/Heinz Israel Limited//Israel0Heinz Italia S.p.A.0
0Italy1Heinz Japan Ltd.1
1Japan2Heinz Korea Ltd.22South Korea"3Heinz Mexico, S.A. de C.V.33Mexico(4 Heinz Nutrition Foundation India4
4India%5Heinz Pakistan (Pvt.) Limited55Pakistan6Heinz Panama, S.A.66Panama'7Heinz Produzioni Alimentari SRL7
7Italy 8Heinz Purchasing Company88Delaware9:$;____________________________1<)Created by Morningstar Document Research.0=(http://documentresearch.morningstar.com/@i DJ:8t(u6`$X=PF0*8X>
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Net Income
Diluted EPS!Year Ended December 30 2017 com!Year Ended December 31 2016 com
25Net SalesPro Forma Net SalesOrganic Net SalesOrganic Net Sal (1)Adjusted EBITDA27United StatesCanadaEurope29Rest of World 31Postemployment Benefit Plans31Postemployment Benefit (1)!Aggregate Contractual Obligatio!37Supplemental Unaudited Pro Fo37Supplemental Unaudited (1)40NonGAAP Financial Measures40NonGAAP Financial (1)40NonGAAP Financial (2)40NonGAAP Financial (3)40NonGAAP Financial (4)40NonGAAP Financial (5)!Effect of Hypothetical 10 Fluct!47Definition and Limitations of47Definition and (1)47Definition and (2)47Definition and (3)47Definition and (4)47Definition and (5)!Accounting Standards Not Yet AdTransaction Overview!61Valuation Assumptions and Pur61Valuation Assumptions (1)Pro Forma Results63Integration ProgramRestructuring Activities!Total Integration and RestructuTotal Integration and (1)65Note 4 Restricted CashNote 5 Inventories!Note 6 Property Plant and Equip
Goodwill!Indefinitelived intangible asse!Definitelived intangible assets67Note 8 Income Taxes67Note 8 Income (1)67Note 8 Income (2)67Note 8 Income (3)71Stock Options71Stock Options (1)71Stock Options (2)71Stock Options (3)Restricted Stock UnitsTotal Equity AwardsObligations and Funded StatusObligations and Funded (1)Obligations and Funded (2)Obligations and Funded (3)Obligations and Funded (4)!75Components of Net Pension Cos75Components of Net (1)
Plan AssetsPlan Assets (1)Plan Assets (2)Plan Assets (3)Plan Assets (4)79Future Benefit PaymentsObligations and Funded (5)Obligations and Funded (6)Obligations and Funded (7)Obligations and Funded (8)Obligations and Funded (9)!81Components of Net Postretirem81Components of Net (1)Future Benefit Payments!82Accumulated Other Comprehensi82Accumulated Other (1)Derivative Volume!83Fair Value of Derivative Inst83Fair Value of (1)Net Investment Hedging!Derivative Impact on the StatemDerivative Impact on the (1)!87Note 12 Accumulated Other Com87Note 12 Accumulated (1)87Note 12 Accumulated (2) Leases 91Purchase Obligations
LongTerm DebtLongTerm Debt (1)Common StockNote 18 Earnings Per ShareNote 19 Segment ReportingNote 19 Segment (1)Note 19 Segment (2)Note 19 Segment (3)Concentration of risk!97Geographic Financial Informat97Geographic Financial (1)!Note 20 Quarterly Financial DatNote 20 Quarterly (1)!Note 21 Supplemental Financial Note 21 Supplemental (1)Note 21 Supplemental (2)Note 21 Supplemental (3)Note 21 Supplemental (4)Note 21 Supplemental (5)Note 21 Supplemental (6)Note 21 Supplemental (7)Note 21 Supplemental (8)Note 21 Supplemental (9)!Item 12 Security Ownership of C!Item 15 Exhibits and Financial Item 15 Exhibits and (1)Item 15 Exhibits and (2)Settlement of Vested RSUsList of SubsidiariesList of Subsidi (1)List of Subsidi (3)U }$4}$ }
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Kraft Heinz Co10K
02/16/2018List of Subsidiaries $
Heinz Qingdao Food Co., Ltd.
ChinaHeinz Receivables LLCDelaware/'Heinz Sales & Marketing (MALAYSIA) SDN.Malaysia
BHD..&Heinz Shanghai Enterprise Services Co,
ChinaLtd.$Heinz Single Service LimitedUnited Kingdom&Heinz South Africa (Pty.) Ltd.South AfricaHeinz Thailand LimitedDelaware'Heinz Transatlantic Holding LLCDelawareHeinz UFE Ltd.
China%Heinz Vietnam Company LimitedVietnamHeinz Wattie's LimitedNew ZealandHeinz Wattie's Pty Ltd AustraliaHeinzNoble, Inc.ArizonaHelco Services LimitedUnited Kingdom,$Highview Atlantic Finance (Barbados)BarbadosSRL#HJH Development CorporationDelawareHJH Overseas L.L.C.DelawareHorizon FZCOUnited Arab EmiratesHorizon UAE FZCOUnited Arab EmiratesDlpd@gW\PD_ !"#$%&'()*+,./0123456789:;<=>?! HP Foods Holdings Limited United Kingdom&!HP Foods International Limited!!United Kingdom"HP Foods Limited""United Kingdom(# Hugo Canning Company Pty Limited##Papua New Guinea$HZ.I.L. Ltd.$$Israel%%Industria Procesadora de Alimentos de%% Venezuela&Barcelona C.A.'%International Gourmet Specialties LLC''Delaware*("International Spirits Recipes, LLC((Delaware.)&Istituto Scotti Bassani per la Ricerca)
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