Stock Analysis on Net

Kraft Heinz Co. (NASDAQ:KHC)

This company has been moved to the archive! The financial data has not been updated since July 31, 2020.

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 Heinz Co., consolidated balance sheet: assets (quarterly data)

US$ in millions

Microsoft Excel
Jun 27, 2020 Mar 28, 2020 Dec 28, 2019 Sep 28, 2019 Jun 29, 2019 Mar 30, 2019 Dec 29, 2018 Sep 29, 2018 Jun 30, 2018 Mar 31, 2018 Dec 30, 2017 Sep 30, 2017 Jul 1, 2017 Apr 1, 2017 Dec 31, 2016 Oct 2, 2016 Jul 3, 2016 Apr 3, 2016 Dec 31, 2015 Sep 27, 2015 Jun 28, 2015 Mar 29, 2015
Cash and cash equivalents 2,812 5,403 2,279 2,315 1,452 1,096 1,130 1,366 3,369 1,794 1,629 1,441 1,445 3,242 4,204 3,920 4,237 4,199 4,837 4,437 2,147 1,899
Trade receivables, net of allowances 2,045 2,321 1,973 1,959 2,049 2,010 2,129 2,032 1,950 1,044 921 938 913 886 769 855 1,114 939 871 1,613 795 818
Sold receivables 37 530 353 427 521 588 129 208 146 805 583
Inventories 2,815 2,831 2,721 3,158 3,074 3,118 2,667 3,287 3,161 3,144 2,815 3,188 3,065 3,151 2,684 3,108 2,881 2,892 2,618 2,981 1,162 1,232
Prepaid expenses 471 485 384 415 395 384 400
Other current assets 504 535 618 1,243 1,163 1,201 1,373 905 984 925 1,548 1,234 1,164 1,008 967 852 969 977 871 1,380 485 528
Assets held for sale 129 133 122 35 1,035 1,026 1,376
Current assets 8,776 11,708 8,097 9,125 9,168 8,835 9,075 7,590 9,501 7,437 7,266 7,228 7,108 8,875 8,753 8,943 9,347 9,812 9,780 10,411 4,589 4,477
Property, plant and equipment, net 6,777 6,813 7,055 6,926 7,023 7,031 7,078 7,216 7,258 7,267 7,120 6,934 6,808 6,693 6,688 6,490 6,423 6,434 6,524 6,432 2,253 2,266
Goodwill 33,310 35,062 35,546 35,826 35,989 36,091 36,503 44,308 44,270 44,843 44,824 44,858 44,565 44,300 44,125 44,518 44,641 43,542 43,051 46,750 14,741 14,588
Intangible assets, net 47,202 48,259 48,652 48,714 48,943 49,553 49,468 58,727 59,101 59,600 59,449 59,500 59,400 59,330 59,297 59,620 59,762 62,049 62,120 56,693 12,942 12,777
Other non-current assets 2,241 2,231 2,100 2,231 2,078 2,052 1,337 1,889 1,766 1,640 1,573 1,531 1,535 1,604 1,617 1,509 1,511 1,436 1,498 1,506 1,537 2,185
Non-current assets 89,530 92,365 93,353 93,697 94,033 94,727 94,386 112,140 112,395 113,350 112,966 112,823 112,308 111,927 111,727 112,137 112,337 113,461 113,193 111,381 31,473 31,816
Total assets 98,306 104,073 101,450 102,822 103,201 103,562 103,461 119,730 121,896 120,787 120,232 120,051 119,416 120,802 120,480 121,080 121,684 123,273 122,973 121,792 36,062 36,293

Based on: 10-Q (reporting date: 2020-06-27), 10-Q (reporting date: 2020-03-28), 10-K (reporting date: 2019-12-28), 10-Q (reporting date: 2019-09-28), 10-Q (reporting date: 2019-06-29), 10-Q (reporting date: 2019-03-30), 10-K (reporting date: 2018-12-29), 10-Q (reporting date: 2018-09-29), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-30), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-07-01), 10-Q (reporting date: 2017-04-01), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-10-02), 10-Q (reporting date: 2016-07-03), 10-Q (reporting date: 2016-04-03), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-27), 10-Q (reporting date: 2015-06-28), S-4/A (reporting date: 2015-03-29).


Assets: Selected Items

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 Heinz Co. current assets increased from Q4 2019 to Q1 2020 but then slightly decreased from Q1 2020 to Q2 2020 not reaching Q4 2019 level.
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 Heinz Co. property, plant and equipment, net decreased from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
Non-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 after one year or beyond the normal operating cycle, if longer. Kraft Heinz Co. non-current assets decreased from Q4 2019 to Q1 2020 and from Q1 2020 to Q2 2020.
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 Heinz Co. total assets increased from Q4 2019 to Q1 2020 but then decreased significantly from Q1 2020 to Q2 2020.

Current Assets: Selected Items

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 Heinz Co. cash and cash equivalents increased from Q4 2019 to Q1 2020 but then slightly decreased from Q1 2020 to Q2 2020 not reaching Q4 2019 level.
Trade receivables, net of allowances Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Kraft Heinz Co. trade receivables, net of allowances increased from Q4 2019 to Q1 2020 but then slightly decreased from Q1 2020 to Q2 2020 not reaching Q4 2019 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 Heinz Co. inventories increased from Q4 2019 to Q1 2020 but then slightly decreased from Q1 2020 to Q2 2020.