Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Kraft Foods Group Inc., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Mar 28, 2015	Dec 27, 2014	Sep 27, 2014	Jun 28, 2014	Mar 29, 2014	Dec 28, 2013	Sep 28, 2013	Jun 29, 2013	Mar 30, 2013	Dec 29, 2012	Sep 30, 2012	Jun 30, 2012	Mar 31, 2012
Cash and cash equivalents	1,178)	1,293)	935)	1,370)	1,482)	1,686)	1,231)	1,164)	1,181)	1,255)	244)	3)	3)
Receivables, net of allowances	1,219)	1,080)	1,086)	1,186)	1,204)	1,048)	1,106)	1,223)	1,278)	1,089)	1,157)	1,102)	1,175)
Inventories	1,886)	1,775)	2,044)	2,024)	1,909)	1,616)	1,881)	1,898)	1,948)	1,928)	2,090)	2,048)	2,174)
Deferred income taxes	382)	384)	348)	339)	361)	360)	428)	418)	403)	420)	208)	320)	224)
Other current assets	339)	259)	209)	192)	201)	198)	189)	116)	144)	131)	206)	161)	240)
Current assets	5,004)	4,791)	4,622)	5,111)	5,157)	4,908)	4,835)	4,819)	4,954)	4,823)	3,905)	3,634)	3,816)
Property, plant and equipment, net	4,194)	4,192)	4,169)	4,130)	4,106)	4,115)	4,103)	4,028)	4,026)	4,204)	4,211)	4,222)	4,260)
Goodwill	11,313)	11,404)	11,454)	11,510)	11,464)	11,505)	11,301)	11,275)	11,319)	11,346)	11,364)	11,322)	11,345)
Intangible assets, net	2,238)	2,234)	2,234)	2,235)	2,235)	2,229)	2,632)	2,631)	2,631)	2,631)	2,632)	2,632)	2,630)
Other assets	385)	326)	324)	359)	399)	391)	255)	311)	337)	325)	172)	79)	44)
Noncurrent assets	18,130)	18,156)	18,181)	18,234)	18,204)	18,240)	18,291)	18,245)	18,313)	18,506)	18,379)	18,255)	18,279)
Total assets	23,134)	22,947)	22,803)	23,345)	23,361)	23,148)	23,126)	23,064)	23,267)	23,329)	22,284)	21,889)	22,095)

Based on: 10-Q (reporting date: 2015-03-28), 10-K (reporting date: 2014-12-27), 10-Q (reporting date: 2014-09-27), 10-Q (reporting date: 2014-06-28), 10-Q (reporting date: 2014-03-29), 10-K (reporting date: 2013-12-28), 10-Q (reporting date: 2013-09-28), 10-Q (reporting date: 2013-06-29), 10-Q (reporting date: 2013-03-30), 10-K (reporting date: 2012-12-29), 10-Q (reporting date: 2012-09-30), 10-12B/A (reporting date: 2012-06-30), 10-12B/A (reporting date: 2012-03-31).

Assets: Selected Items

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Balance sheet item	Description	The company
Current assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Kraft Foods Group Inc. current assets increased from Q3 2014 to Q4 2014 and from Q4 2014 to Q1 2015.
Property, plant and equipment, net	Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures.	Kraft Foods Group Inc. property, plant and equipment, net increased from Q3 2014 to Q4 2014 and from Q4 2014 to Q1 2015.
Noncurrent assets	Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer.	Kraft Foods Group Inc. noncurrent assets decreased from Q3 2014 to Q4 2014 and from Q4 2014 to Q1 2015.
Total assets	Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.	Kraft Foods Group Inc. total assets increased from Q3 2014 to Q4 2014 and from Q4 2014 to Q1 2015.

Current Assets: Selected Items

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Balance sheet item	Description	The company
Cash and cash equivalents	Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.	Kraft Foods Group Inc. cash and cash equivalents increased from Q3 2014 to Q4 2014 but then slightly decreased from Q4 2014 to Q1 2015.
Receivables, net of allowances	The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value.	Kraft Foods Group Inc. receivables, net of allowances decreased from Q3 2014 to Q4 2014 but then increased from Q4 2014 to Q1 2015 exceeding Q3 2014 level.
Inventories	Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer.	Kraft Foods Group Inc. inventories decreased from Q3 2014 to Q4 2014 but then slightly increased from Q4 2014 to Q1 2015.

Kraft Foods Group Inc. (NASDAQ:KRFT)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data