The Kraft Heinz Company Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 28, 2026	Dec '25 Dec 27, 2025	Dec '24 Dec 28, 2024	Dec '23 Dec 30, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 25, 2021
Net Income	-5,763	-5,848	2,746	2,846	2,368	1,024
Depreciation & Amortization	982	968	948	961	933	910
Stock-Based Compensation	90	95	109	141	148	197
Other Adjustments	8,594	9,017	970	834	503	2,827
Change in Receivables	-39	-55	-139	18	-228	87
Changes in Inventories	155	133	-6	-106	-1,121	-144
Changes in Accounts Payable	170	-97	-308	-295	152	408
Changes in Other Operating Activities	363	249	-136	-423	-286	55
Operating Cash Flow	4,748	4,462	4,184	3,976	2,469	5,364
Operating Cash Flow Growth	14.88%	6.64%	5.23%	61.04%	-53.97%	8.82%
Capital Expenditures	-803	-801	-1,024	-1,013	-916	-905
Purchases of Intangible Assets	-	-	-140	-	-	-
Purchases of Investments	-1,156	-1,724	-	-	-	-
Proceeds from Sale of Investments	1,073	686	-	-	-	-
Payments for Business Acquisitions	-	-	-	-	-481	-74
Proceeds from Business Divestments	146	9	8	-	88	5,014
Other Investing Activities	-30	-3	133	97	218	3
Investing Cash Flow	-770	-1,833	-1,023	-916	-1,091	4,038
Short-Term Debt Issued	-	-	-	150	228	-
Short-Term Debt Repaid	-	-	-	-150	-228	-
Long-Term Debt Issued	-	1,620	594	657	-	-
Long-Term Debt Repaid	-340	-678	-618	-848	-1,465	-6,202
Net Long-Term Debt Issued (Repaid)	-340	942	-24	-191	-1,465	-6,202
Repurchase of Common Stock	-234	-436	-988	-455	-280	-271
Net Common Stock Issued (Repurchased)	-234	-436	-988	-455	-280	-271
Common Dividends Paid	-1,895	-1,898	-1,931	-1,965	-1,960	-1,959
Other Financing Activities	144	141	-65	-67	-9	-912
Financing Cash Flow	-2,663	-1,251	-3,008	-2,678	-3,714	-9,344
Effect of Exchange Rate Changes on Cash and Cash Equivalents	38	80	-71	-19	-69	-30
Net Cash Flow	1,353	1,458	82	363	-2,405	28
Free Cash Flow	3,945	3,661	3,160	2,963	1,553	4,459
Free Cash Flow Growth	7.76%	15.85%	6.65%	90.79%	-65.17%	2.91%
FCF Margin	15.79%	14.68%	12.23%	11.12%	5.86%	17.12%
Free Cash Flow Per Share	3.32	3.08	2.60	2.40	1.26	3.61
Levered Free Cash Flow	-5,233	-4,452	2,194	1,788	-340	-4,866
Unlevered Free Cash Flow	-4,121	-4,563	4,873	2,706	1,663	2,398

SEC Filings: 10-K · 10-Q