Kellanova(NYSE:K) 
Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience foods. The company operates through four segments: North America, Europe, Latin America, and Asia Middle East Africa. Its principal products include crackers, crisps, savory snacks, toaster ...
Website: https://www.kellanova.com/
Founded: 1906
Full Time Employees: 31,000
Sector: Consumer Defensive
Industry: Packaged Foods
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At a glance:
Bull Thesis:
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Quarterly
Annual
| Unit: USD | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2022-01-01 | 2021-10-02 | 2021-07-03 | 2021-04-03 | 2021-01-02 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2019-12-28 | 2019-09-28 | 2019-06-29 | 2019-03-30 | 2018-12-29 | 2018-07-01 | 2018-04-01 | 2018-03-31 | 2017-12-30 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-12-31 | 2016-07-02 | 2016-04-02 | 2016-01-02 | 2015-10-03 | 2015-07-04 | 2011-12-31 | 2011-01-01 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 3,260,000,000 | 3,203,000,000 | 3,083,000,000 | 3,233,000,000 | 3,192,000,000 | 3,200,000,000 | 3,939,000,000 | 4,041,000,000 | 4,053,000,000 | 3,946,000,000 | 3,864,000,000 | 3,672,000,000 | 3,622,000,000 | 3,555,000,000 | 3,584,000,000 | 3,429,000,000 | 3,465,000,000 | 3,412,000,000 | 3,372,000,000 | 3,461,000,000 | 3,522,000,000 | 3,187,000,000 | 3,254,000,000 | 3,401,000,000 | 3,273,000,000 | 3,187,000,000 | 3,254,000,000 | 3,268,000,000 | 3,395,000,000 | 3,329,000,000 | 3,498,000,000 | ||||||||||||
yoy | 0.84% | 0.34% | -3.66% | -17.92% | -21.01% | -21.05% | -0.18% | 4.58% | 10.38% | 8.95% | 8.69% | 2.46% | 5.63% | 2.60% | 5.04% | 1.69% | 0.12% | -3.12% | 5.80% | 6.36% | 3.56% | -2.63% | 2.10% | 4.52% | 0.15% | -6.13% | -6.58% | ||||||||||||||||
qoq | 1.78% | 3.89% | 1.28% | -0.25% | -2.52% | -0.30% | 2.12% | 5.23% | 1.88% | -0.81% | -1.04% | 1.55% | -2.57% | -1.73% | -2.06% | -4.32% | 2.70% | -2.06% | -3.74% | -4.83% | |||||||||||||||||||||||
cost of goods sold | 2,176,000,000 | 2,113,000,000 | 2,024,000,000 | 2,057,000,000 | 2,031,000,000 | 2,169,000,000 | 2,596,000,000 | 2,708,000,000 | 2,843,000,000 | 2,793,000,000 | 2,721,000,000 | 2,513,000,000 | 2,457,000,000 | 2,331,000,000 | 2,418,000,000 | 2,228,000,000 | 2,268,000,000 | 2,268,000,000 | 2,372,000,000 | 2,275,000,000 | 2,415,000,000 | 1,922,000,000 | 2,050,000,000 | 2,149,000,000 | 2,041,000,000 | 1,922,000,000 | 2,050,000,000 | 1,998,000,000 | 2,150,000,000 | 2,096,000,000 | 2,257,000,000 | ||||||||||||
selling, general and administrative expense | 632,000,000 | 652,000,000 | 629,000,000 | 720,000,000 | 668,000,000 | 638,000,000 | 861,000,000 | 824,000,000 | 770,000,000 | 785,000,000 | 728,000,000 | 642,000,000 | 718,000,000 | 720,000,000 | 694,000,000 | 790,000,000 | 691,000,000 | 685,000,000 | 737,000,000 | 789,000,000 | 726,000,000 | 812,424,840,000,000 | 844,531,880,000,000 | 742,000,000 | 768,000,000 | 812,000,000 | 844,000,000 | 821,000,000 | 807,000,000 | 899,000,000 | 829,000,000 | ||||||||||||
operating profit | 452,000,000 | 438,000,000 | 430,000,000 | 456,000,000 | 493,000,000 | 393,000,000 | 482,000,000 | 509,000,000 | 440,000,000 | 368,000,000 | 415,000,000 | 517,000,000 | 447,000,000 | 504,000,000 | 472,000,000 | 411,000,000 | 506,000,000 | 459,000,000 | 263,000,000 | 397,000,000 | 381,000,000 | 510,000,000 | 464,000,000 | 453,000,000 | 360,000,000 | 449,000,000 | 438,000,000 | 334,000,000 | 412,000,000 | ||||||||||||||
yoy | -0.88% | -11.16% | 9.41% | -5.39% | -3.14% | -10.68% | 30.98% | 22.65% | -14.89% | -17.67% | -17.66% | 9.53% | 8.76% | -0.40% | 2.83% | 56.27% | 27.46% | 20.47% | -25.29% | 41.67% | 3.34% | 3.42% | 8.98% | ||||||||||||||||||||
qoq | 3.20% | 1.86% | -7.51% | 25.45% | -5.30% | 15.68% | -11.33% | -19.73% | -11.31% | 6.78% | -18.77% | 10.24% | -33.75% | 4.20% | 2.43% | 25.83% | 2.51% | -18.93% | |||||||||||||||||||||||||
operating margin % | 13.87% | 13.67% | 13.95% | NaN% | 14.10% | 15.44% | 12.28% | NaN% | 12.24% | 12.60% | 10.86% | NaN% | 9.33% | 10.74% | 14.08% | NaN% | 12.34% | 14.18% | 13.17% | NaN% | 11.99% | 14.60% | 13.45% | NaN% | 7.80% | 11.47% | 10.82% | NaN% | 0% | 0% | 15.00% | NaN% | 14.18% | 14.21% | 11.06% | NaN% | 13.74% | 12.90% | NaN% | 10.03% | 11.78% | ||
interest expense | 60,000,000 | 63,000,000 | 63,000,000 | 75,000,000 | 83,000,000 | 83,000,000 | 83,000,000 | 82,000,000 | 80,000,000 | 39,000,000 | 54,000,000 | 56,000,000 | 55,000,000 | 58,000,000 | 59,000,000 | 63,000,000 | 69,000,000 | 64,000,000 | 72,000,000 | 75,000,000 | 74,000,000 | 69,000,000 | 64,000,000 | 63,000,000 | 61,000,000 | 68,000,000 | 217,000,000 | 56,000,000 | 58,000,000 | ||||||||||||||
other income | 8,000,000 | 9,000,000 | 11,000,000 | 21,000,000 | 33,000,000 | 43,000,000 | -24,000,000 | 36,000,000 | 26,000,000 | 54,000,000 | 60,000,000 | 74,000,000 | 86,000,000 | 69,000,000 | 70,000,000 | 30,000,000 | 51,000,000 | 150,000,000 | 45,000,000 | 52,000,000 | 3,000,000 | 70,000,000 | -2,000,000 | -6,000,000 | 3,000,000 | 4,000,000 | -6,000,000 | -46,000,000 | |||||||||||||||
income before income taxes | 400,000,000 | 384,000,000 | 378,000,000 | 375,000,000 | 463,000,000 | 386,000,000 | 383,000,000 | 421,000,000 | 535,000,000 | 392,000,000 | 532,000,000 | 482,000,000 | 418,000,000 | 467,000,000 | 446,000,000 | 341,000,000 | 367,000,000 | 359,000,000 | 511,000,000 | 398,000,000 | 384,000,000 | 302,000,000 | 385,000,000 | 221,000,000 | 272,000,000 | 308,000,000 | |||||||||||||||||
income taxes | 89,000,000 | 83,000,000 | 73,000,000 | 34,000,000 | 97,000,000 | 82,000,000 | 104,000,000 | 104,000,000 | 86,000,000 | 74,000,000 | 97,000,000 | 112,000,000 | 92,000,000 | 144,000,000 | 109,000,000 | 65,000,000 | 109,000,000 | 94,000,000 | 91,000,000 | 74,000,000 | 72,000,000 | 102,000,000 | 421,000,000 | 67,000,000 | 104,000,000 | 102,000,000 | 42,000,000 | 106,000,000 | 47,000,000 | 66,000,000 | 85,000,000 | ||||||||||||
earnings from unconsolidated entities | 3,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | -1,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | 5,000,000 | -3,000,000 | -2,000,000 | -1,000,000 | -4,000,000 | -2,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | -1,000,000 | ||||||||||||||||||
net income | 314,000,000 | 303,000,000 | 308,000,000 | 270,000,000 | 362,000,000 | 302,000,000 | 312,000,000 | 326,000,000 | 424,000,000 | 305,000,000 | 385,000,000 | 371,000,000 | 352,000,000 | 354,000,000 | 350,000,000 | 248,000,000 | 292,000,000 | 285,000,000 | 2,821,000,000 | 2,624,000,000 | 444,000,000 | 297,000,000 | 282,000,000 | 262,000,000 | 280,000,000 | 175,000,000 | 205,000,000 | 222,000,000 | |||||||||||||||
yoy | -13.46% | 11.04% | -28.77% | 2.30% | -15.32% | 14.29% | -13.35% | 8.76% | 6.00% | 41.94% | 21.23% | 22.81% | -91.21% | -88.87% | -35.81% | 849.83% | 830.50% | 69.47% | 6.07% | 61.14% | 26.13% | ||||||||||||||||||||||
qoq | 3.63% | -1.62% | -25.41% | 19.87% | -4.29% | -23.11% | -20.78% | 3.77% | -0.56% | 1.14% | -15.07% | 2.46% | 7.51% | 490.99% | 5.32% | 7.63% | 60.00% | -7.66% | |||||||||||||||||||||||||
net income margin % | 9.63% | 9.46% | 9.99% | NaN% | 0% | 0% | 0% | NaN% | 6.85% | 8.96% | 7.45% | NaN% | 7.91% | 8.44% | 11.55% | NaN% | 8.42% | 10.83% | 10.35% | NaN% | 10.27% | 10.22% | 10.26% | NaN% | 7.35% | 8.44% | 8.09% | NaN% | 88.52% | 80.64% | 13.05% | NaN% | 9.07% | 8.85% | 8.05% | NaN% | 8.57% | 5.15% | NaN% | 6.16% | 6.35% | ||
net income attributable to noncontrolling interests | 5,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 1,000,000 | 5,000,000 | 4,000,000 | 2,000,000 | 2,000,000 | -2,000,000 | 5,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 1,000,000 | 6,000,000 | 3,000,000 | -1,000,000 | ||||||||||||||||||||||
net income attributable to kellanova | 309,000,000 | 299,000,000 | 304,000,000 | 367,000,000 | 344,000,000 | 267,000,000 | 269,000,000 | ||||||||||||||||||||||||||||||||||||
per share amounts: | |||||||||||||||||||||||||||||||||||||||||||
basic earnings | 0.89 | 0.86 | 0.88 | 0.79 | 1.04 | 0.87 | 0.91 | 0.96 | 1.24 | 0.9 | 1.12 | 1.07 | 1.02 | 1.02 | 1.01 | 0.73 | 0.84 | 0.82 | 0.81 | 0.75 | 1.28 | 0.86 | 0.81 | 0.75 | |||||||||||||||||||
diluted earnings | 0.88 | 0.85 | 0.87 | 0.78 | 1.03 | 0.86 | 0.9 | 0.95 | 1.23 | 0.89 | 1.11 | 1.07 | 1.01 | 1.02 | 1.01 | 0.72 | 0.84 | 0.82 | 0.8 | 0.74 | 1.27 | 0.85 | 0.8 | 0.74 | |||||||||||||||||||
average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||
basic | 348 | 347 | 346 | 343 | 342 | 341 | 342 | 343 | 342 | 341 | 339 | 340 | 341 | 341 | 342 | 343 | 343 | 342 | 341 | 340 | 342 | 346 | 345 | 349 | 351 | 350 | 351 | 354 | 353 | ||||||||||||||
diluted | 350 | 350 | 349 | 347 | 345 | 344 | 345 | 345 | 345 | 344 | 342 | 342 | 343 | 343 | 344 | 346 | 345 | 344 | 342 | 341 | 343 | 348 | 348 | 352 | 354 | 354 | 355 | 356 | 355 | ||||||||||||||
actual shares outstanding at period end | 348 | 348 | 347 | 342 | 343 | 338 | 340 | 343 | 340 | 347 | 350 | 350 | |||||||||||||||||||||||||||||||
income from continuing operations before income taxes | 402,000,000 | 443,000,000 | 353,000,000 | ||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 370,000,000 | 347,000,000 | 271,000,000 | ||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of taxes | |||||||||||||||||||||||||||||||||||||||||||
earnings per common share - basic | |||||||||||||||||||||||||||||||||||||||||||
earnings from continuing operations | 1.07 | 1.01 | 0.78 | ||||||||||||||||||||||||||||||||||||||||
earnings from discontinued operations | |||||||||||||||||||||||||||||||||||||||||||
net earnings per common share - basic | 1.07 | 1.01 | 0.78 | ||||||||||||||||||||||||||||||||||||||||
earnings per common share - diluted | |||||||||||||||||||||||||||||||||||||||||||
net earnings per common share - diluted | 1.05 | 1 | 0.78 | ||||||||||||||||||||||||||||||||||||||||
net income attributable to kellogg company | 357,000,000 | 298,000,000 | 310,000,000 | 326,000,000 | 422,000,000 | 307,000,000 | 380,000,000 | 368,000,000 | 348,000,000 | 351,000,000 | 347,000,000 | 247,000,000 | 286,000,000 | 282,000,000 | 280,000,000 | 175,000,000 | 205,000,000 | 223,000,000 | |||||||||||||||||||||||||
consolidated statement of income | |||||||||||||||||||||||||||||||||||||||||||
dividends | 0.54 | 0.54 | 0.52 | 0.52 | |||||||||||||||||||||||||||||||||||||||
per share amounts: | |||||||||||||||||||||||||||||||||||||||||||
basic | 0.8 | 0.5 | 0.58 | 0.63 | |||||||||||||||||||||||||||||||||||||||
diluted | 0.79 | 0.49 | 0.58 | 0.63 | |||||||||||||||||||||||||||||||||||||||
dividends per share | 0.5 | 0.5 | 0.5 | 0.49 | |||||||||||||||||||||||||||||||||||||||
earnings from joint ventures | -1,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2025-09-27 | 2025-06-28 | 2025-03-29 | 2024-12-28 | 2024-09-28 | 2024-06-29 | 2024-03-30 | 2023-12-30 | 2023-09-30 | 2023-07-01 | 2023-04-01 | 2022-12-31 | 2022-10-01 | 2022-07-02 | 2022-04-02 | 2021-10-02 | 2021-07-03 | 2021-04-03 | 2021-01-01 | 2020-09-26 | 2020-06-27 | 2020-03-28 | 2020-01-02 | 2019-12-28 | 2019-09-28 | 2019-06-29 | 2019-03-30 | 2018-06-30 | 2018-03-31 | 2017-09-30 | 2017-07-01 | 2017-04-01 | 2016-07-02 | 2016-04-02 | 2015-10-03 | 2015-07-04 | 2015-04-04 | 2014-09-27 | 2014-06-28 | 2014-03-29 | 2013-06-29 | 2013-03-30 | 2012-09-29 | 2012-06-30 | 2012-03-31 | 2011-10-01 | 2011-07-02 | 2011-04-02 |
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current assets | ||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 240,000,000 | 354,000,000 | 330,000,000 | 694,000,000 | 569,000,000 | 272,000,000 | 242,000,000 | 274,000,000 | 1,099,000,000 | 308,000,000 | 347,000,000 | 299,000,000 | 373,000,000 | 323,000,000 | 313,000,000 | 440,000,000 | 395,000,000 | 391,000,000 | 286,000,000 | 1,329,000,000 | 1,047,000,000 | 1,016,000,000 | 435,000,000 | 397,000,000 | 453,000,000 | 340,000,000 | 272,000,000 | 257,000,000 | 370,000,000 | 267,000,000 | 334,000,000 | 298,000,000 | 531,000,000 | 310,000,000 | 299,000,000 | 294,000,000 | 349,000,000 | 426,000,000 | 290,000,000 | 284,000,000 | 262,000,000 | 252,000,000 | 305,000,000 | 230,000,000 | 404,000,000 | 582,000,000 | 457,000,000 | 404,000,000 |
accounts receivable | 1,707,000,000 | 1,698,000,000 | 1,572,000,000 | 1,522,000,000 | 1,699,000,000 | 1,654,000,000 | 1,666,000,000 | 1,568,000,000 | 1,876,000,000 | 1,930,000,000 | 1,820,000,000 | 1,736,000,000 | 1,985,000,000 | 1,884,000,000 | 1,687,000,000 | 1,680,000,000 | 1,659,000,000 | 1,660,000,000 | 1,489,000,000 | 1,626,000,000 | 1,692,000,000 | 1,748,000,000 | 1,537,000,000 | 1,576,000,000 | 1,643,000,000 | 1,643,000,000 | 1,633,000,000 | 1,530,000,000 | 1,601,000,000 | 1,512,000,000 | 1,427,000,000 | 1,464,000,000 | 1,473,000,000 | 1,505,000,000 | 1,457,000,000 | 1,420,000,000 | 1,503,000,000 | 1,565,000,000 | 1,544,000,000 | 1,605,000,000 | 1,512,000,000 | 1,588,000,000 | 1,414,000,000 | 1,420,000,000 | 1,304,000,000 | 1,302,000,000 | 1,364,000,000 | 1,367,000,000 |
inventories | 1,199,000,000 | 1,256,000,000 | 1,223,000,000 | 1,165,000,000 | 1,219,000,000 | 1,185,000,000 | 1,210,000,000 | 1,243,000,000 | 1,632,000,000 | 1,706,000,000 | 1,801,000,000 | 1,768,000,000 | 1,682,000,000 | 1,678,000,000 | 1,559,000,000 | 1,378,000,000 | 1,365,000,000 | 1,319,000,000 | 1,398,000,000 | 1,263,000,000 | 1,230,000,000 | 1,189,000,000 | 1,284,000,000 | 1,226,000,000 | 1,200,000,000 | 1,234,000,000 | 1,319,000,000 | 1,291,000,000 | 1,214,000,000 | |||||||||||||||||||
other current assets | 319,000,000 | 365,000,000 | 349,000,000 | 373,000,000 | 368,000,000 | 359,000,000 | 332,000,000 | 245,000,000 | 379,000,000 | 344,000,000 | 356,000,000 | 383,000,000 | 404,000,000 | 376,000,000 | 257,000,000 | 301,000,000 | 328,000,000 | 269,000,000 | 221,000,000 | 285,000,000 | 323,000,000 | 337,000,000 | 226,000,000 | 232,000,000 | 196,000,000 | 175,000,000 | 149,000,000 | 189,000,000 | 135,000,000 | |||||||||||||||||||
total current assets | 3,465,000,000 | 3,673,000,000 | 3,474,000,000 | 3,754,000,000 | 3,855,000,000 | 3,470,000,000 | 3,450,000,000 | 3,330,000,000 | 4,986,000,000 | 4,288,000,000 | 4,324,000,000 | 4,186,000,000 | 4,444,000,000 | 4,261,000,000 | 3,816,000,000 | 3,799,000,000 | 3,747,000,000 | 3,639,000,000 | 3,394,000,000 | 4,753,000,000 | 4,492,000,000 | 4,290,000,000 | 3,482,000,000 | 3,431,000,000 | 3,492,000,000 | 3,504,000,000 | 3,373,000,000 | 3,267,000,000 | 3,320,000,000 | 3,172,000,000 | 3,167,000,000 | 3,146,000,000 | 3,421,000,000 | 3,219,000,000 | 3,353,000,000 | 3,326,000,000 | 3,441,000,000 | 3,572,000,000 | 3,491,000,000 | 3,504,000,000 | 3,407,000,000 | 3,462,000,000 | 3,306,000,000 | 3,211,000,000 | 3,192,000,000 | 3,178,000,000 | 3,136,000,000 | 3,051,000,000 |
property | 3,526,000,000 | 3,498,000,000 | 3,345,000,000 | 3,234,000,000 | 3,218,000,000 | 3,118,000,000 | 3,101,000,000 | 3,212,000,000 | 3,762,000,000 | 3,781,000,000 | 3,786,000,000 | 3,789,000,000 | 3,564,000,000 | 3,656,000,000 | 3,773,000,000 | 3,753,000,000 | 3,666,000,000 | 3,636,000,000 | 3,827,000,000 | 3,484,000,000 | 3,436,000,000 | 3,440,000,000 | 3,713,000,000 | 3,612,000,000 | 3,493,000,000 | 3,526,000,000 | 3,733,000,000 | 3,638,000,000 | 3,713,000,000 | |||||||||||||||||||
operating lease right-of-use assets | 578,000,000 | 607,000,000 | 606,000,000 | 601,000,000 | 631,000,000 | 640,000,000 | 665,000,000 | 661,000,000 | 605,000,000 | 607,000,000 | 611,000,000 | 617,000,000 | 608,000,000 | 643,000,000 | 681,000,000 | 651,000,000 | 661,000,000 | 641,000,000 | 640,000,000 | 657,000,000 | 662,000,000 | 596,000,000 | 658,000,000 | 541,000,000 | 464,000,000 | 415,000,000 | 438,000,000 | |||||||||||||||||||||
goodwill | 5,056,000,000 | 5,060,000,000 | 5,020,000,000 | 5,003,000,000 | 5,045,000,000 | 5,043,000,000 | 5,067,000,000 | 5,160,000,000 | 5,496,000,000 | 5,517,000,000 | 5,690,000,000 | 5,686,000,000 | 5,691,000,000 | 5,744,000,000 | 5,783,000,000 | 5,794,000,000 | 5,783,000,000 | 5,768,000,000 | 5,771,000,000 | 5,780,000,000 | 5,768,000,000 | 5,772,000,000 | 5,799,000,000 | 5,861,000,000 | 5,842,000,000 | 5,871,000,000 | 6,054,000,000 | 6,072,000,000 | 5,514,000,000 | 5,135,000,000 | 5,127,000,000 | 5,084,000,000 | 4,963,000,000 | 4,974,000,000 | 4,988,000,000 | 4,978,000,000 | 4,993,000,000 | 5,021,000,000 | 5,055,000,000 | 5,049,000,000 | 5,058,000,000 | 5,025,000,000 | 5,044,000,000 | 3,628,000,000 | 3,622,000,000 | 3,632,000,000 | 3,630,000,000 | |
other intangibles | 1,808,000,000 | 1,814,000,000 | 1,774,000,000 | 1,760,000,000 | 1,799,000,000 | 1,804,000,000 | 1,828,000,000 | 1,930,000,000 | 2,065,000,000 | 2,091,000,000 | 2,297,000,000 | 2,296,000,000 | 2,302,000,000 | 2,360,000,000 | 2,409,000,000 | 2,441,000,000 | 2,454,000,000 | 2,449,000,000 | 2,409,000,000 | 2,498,000,000 | 2,486,000,000 | 2,503,000,000 | 2,491,000,000 | 2,576,000,000 | 2,572,000,000 | 2,587,000,000 | 3,349,000,000 | 3,391,000,000 | 2,650,000,000 | |||||||||||||||||||
investments in unconsolidated entities | 112,000,000 | 108,000,000 | 103,000,000 | 101,000,000 | 107,000,000 | 100,000,000 | 194,000,000 | 323,000,000 | 434,000,000 | 427,000,000 | 426,000,000 | 425,000,000 | 423,000,000 | 394,000,000 | 397,000,000 | 398,000,000 | 399,000,000 | 402,000,000 | 405,000,000 | 407,000,000 | 410,000,000 | 421,000,000 | 425,000,000 | 432,000,000 | 435,000,000 | 440,000,000 | 435,000,000 | 465,000,000 | 454,000,000 | |||||||||||||||||||
other assets | 1,100,000,000 | 1,111,000,000 | 1,152,000,000 | 1,177,000,000 | 1,114,000,000 | 1,117,000,000 | 1,104,000,000 | 1,144,000,000 | 1,587,000,000 | 1,494,000,000 | 1,488,000,000 | 1,490,000,000 | 1,980,000,000 | 1,847,000,000 | 1,725,000,000 | 1,546,000,000 | 1,508,000,000 | 1,534,000,000 | 1,713,000,000 | 1,352,000,000 | 1,308,000,000 | 1,237,000,000 | 1,462,000,000 | 1,139,000,000 | 1,231,000,000 | 1,171,000,000 | 1,108,000,000 | 1,112,000,000 | 1,080,000,000 | 831,000,000 | 770,000,000 | 739,000,000 | 497,000,000 | 481,000,000 | 565,000,000 | 489,000,000 | 519,000,000 | 550,000,000 | 526,000,000 | 440,000,000 | 413,000,000 | 450,000,000 | 436,000,000 | 436,000,000 | 375,000,000 | 335,000,000 | 413,000,000 | 405,000,000 |
total assets | 15,645,000,000 | 15,871,000,000 | 15,474,000,000 | 15,628,000,000 | 15,763,000,000 | 15,299,000,000 | 15,315,000,000 | 15,621,000,000 | 18,695,000,000 | 18,101,000,000 | 18,630,000,000 | 18,496,000,000 | 19,016,000,000 | 18,937,000,000 | 18,612,000,000 | 18,407,000,000 | 18,213,000,000 | 18,064,000,000 | 18,178,000,000 | 18,922,000,000 | 18,551,000,000 | 18,240,000,000 | 17,996,000,000 | 17,564,000,000 | 17,499,000,000 | 18,669,000,000 | 18,465,000,000 | 17,901,000,000 | 16,702,000,000 | 15,641,000,000 | 15,535,000,000 | 15,427,000,000 | 15,387,000,000 | 15,297,000,000 | 15,518,000,000 | 14,962,000,000 | 15,208,000,000 | 15,772,000,000 | 15,813,000,000 | 15,728,000,000 | 15,076,000,000 | 15,224,000,000 | 14,854,000,000 | 14,640,000,000 | 12,134,000,000 | 12,263,000,000 | 12,356,000,000 | 12,188,000,000 |
current liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 759,000,000 | 758,000,000 | 4,000,000 | 632,000,000 | 678,000,000 | 650,000,000 | 1,303,000,000 | 663,000,000 | 1,193,000,000 | 1,199,000,000 | 567,000,000 | 780,000,000 | 816,000,000 | 854,000,000 | 891,000,000 | 16,000,000 | 17,000,000 | 605,000,000 | 712,000,000 | 1,417,000,000 | 1,396,000,000 | 626,000,000 | 627,000,000 | 620,000,000 | 6,000,000 | 508,000,000 | 509,000,000 | 7,000,000 | 408,000,000 | 410,000,000 | 411,000,000 | 632,000,000 | 1,144,000,000 | 1,264,000,000 | 756,000,000 | 754,000,000 | 360,000,000 | 607,000,000 | 607,000,000 | 527,000,000 | 293,000,000 | 1,000,000 | 1,510,000,000 | 1,518,000,000 | 1,525,000,000 | |||
notes payable | 526,000,000 | 780,000,000 | 586,000,000 | 113,000,000 | 124,000,000 | 206,000,000 | 236,000,000 | 121,000,000 | 353,000,000 | 461,000,000 | 471,000,000 | 467,000,000 | 174,000,000 | 320,000,000 | 450,000,000 | 497,000,000 | 551,000,000 | 428,000,000 | 137,000,000 | 116,000,000 | 121,000,000 | 657,000,000 | 102,000,000 | 107,000,000 | 185,000,000 | 568,000,000 | 605,000,000 | 324,000,000 | 469,000,000 | 572,000,000 | 724,000,000 | 629,000,000 | 780,000,000 | 718,000,000 | 1,363,000,000 | 939,000,000 | 809,000,000 | 1,079,000,000 | 858,000,000 | 1,725,000,000 | 1,136,000,000 | 838,000,000 | 362,000,000 | 739,000,000 | 59,000,000 | 737,000,000 | 734,000,000 | 1,078,000,000 |
accounts payable | 2,114,000,000 | 2,205,000,000 | 2,129,000,000 | 2,236,000,000 | 2,368,000,000 | 2,267,000,000 | 2,209,000,000 | 2,314,000,000 | 2,789,000,000 | 2,810,000,000 | 2,900,000,000 | 2,973,000,000 | 2,871,000,000 | 2,866,000,000 | 2,705,000,000 | 2,526,000,000 | 2,491,000,000 | 2,476,000,000 | 2,573,000,000 | 2,449,000,000 | 2,393,000,000 | 2,329,000,000 | 2,471,000,000 | 2,387,000,000 | 2,338,000,000 | 2,401,000,000 | 2,370,000,000 | 2,306,000,000 | 2,230,000,000 | 2,140,000,000 | 2,057,000,000 | 1,995,000,000 | 1,988,000,000 | 1,926,000,000 | 1,610,000,000 | 1,591,000,000 | 1,537,000,000 | 1,466,000,000 | 1,462,000,000 | 1,383,000,000 | 1,364,000,000 | 1,447,000,000 | 1,338,000,000 | 1,226,000,000 | 1,186,000,000 | 1,200,000,000 | 1,208,000,000 | 1,199,000,000 |
current operating lease liabilities | 150,000,000 | 147,000,000 | 141,000,000 | 134,000,000 | 126,000,000 | 128,000,000 | 131,000,000 | 121,000,000 | 127,000,000 | 114,000,000 | 113,000,000 | 121,000,000 | 111,000,000 | 122,000,000 | 124,000,000 | 128,000,000 | 127,000,000 | 120,000,000 | 116,000,000 | 120,000,000 | 115,000,000 | 112,000,000 | 117,000,000 | 114,000,000 | 105,000,000 | 103,000,000 | 108,000,000 | |||||||||||||||||||||
accrued advertising and promotion | 626,000,000 | 583,000,000 | 572,000,000 | 611,000,000 | 670,000,000 | 697,000,000 | 740,000,000 | 766,000,000 | 886,000,000 | 850,000,000 | 813,000,000 | 766,000,000 | 813,000,000 | 776,000,000 | 716,000,000 | 834,000,000 | 802,000,000 | 775,000,000 | 714,000,000 | 807,000,000 | 694,000,000 | 672,000,000 | 776,000,000 | 552,000,000 | 512,000,000 | 464,000,000 | 464,000,000 | 465,000,000 | 500,000,000 | 470,000,000 | 453,000,000 | 497,000,000 | 487,000,000 | 494,000,000 | 482,000,000 | 459,000,000 | 533,000,000 | 486,000,000 | 461,000,000 | 446,000,000 | 436,000,000 | 462,000,000 | ||||||
accrued salaries and wages | 182,000,000 | 175,000,000 | 185,000,000 | 259,000,000 | 267,000,000 | 202,000,000 | 205,000,000 | 278,000,000 | 305,000,000 | 243,000,000 | 214,000,000 | 370,000,000 | 317,000,000 | 236,000,000 | 198,000,000 | 283,000,000 | 300,000,000 | 277,000,000 | 269,000,000 | 251,000,000 | 238,000,000 | 212,000,000 | 292,000,000 | 245,000,000 | 226,000,000 | 293,000,000 | 287,000,000 | 242,000,000 | 219,000,000 | 201,000,000 | 250,000,000 | 215,000,000 | 172,000,000 | 239,000,000 | 205,000,000 | 179,000,000 | ||||||||||||
other current liabilities | 753,000,000 | 736,000,000 | 724,000,000 | 675,000,000 | 742,000,000 | 624,000,000 | 701,000,000 | 797,000,000 | 871,000,000 | 799,000,000 | 923,000,000 | 872,000,000 | 931,000,000 | 877,000,000 | 764,000,000 | 745,000,000 | 958,000,000 | 981,000,000 | 763,000,000 | 1,125,000,000 | 1,137,000,000 | 1,199,000,000 | 1,145,000,000 | 1,550,000,000 | 1,755,000,000 | 1,409,000,000 | 1,386,000,000 | 1,329,000,000 | 1,408,000,000 | 658,000,000 | 667,000,000 | 620,000,000 | 574,000,000 | 558,000,000 | 526,000,000 | 505,000,000 | 543,000,000 | 664,000,000 | 555,000,000 | 595,000,000 | 444,000,000 | 535,000,000 | 505,000,000 | 417,000,000 | 428,000,000 | 461,000,000 | 412,000,000 | 408,000,000 |
total current liabilities | 5,110,000,000 | 5,384,000,000 | 4,341,000,000 | 4,660,000,000 | 4,975,000,000 | 4,774,000,000 | 5,525,000,000 | 5,060,000,000 | 6,524,000,000 | 6,476,000,000 | 6,001,000,000 | 6,349,000,000 | 6,033,000,000 | 6,051,000,000 | 5,848,000,000 | 5,029,000,000 | 4,946,000,000 | 5,385,000,000 | 5,315,000,000 | 6,034,000,000 | 5,856,000,000 | 5,595,000,000 | 5,238,000,000 | 4,778,000,000 | 4,389,000,000 | 4,989,000,000 | 4,978,000,000 | 3,966,000,000 | 4,515,000,000 | 4,647,000,000 | 4,688,000,000 | 4,732,000,000 | 5,271,000,000 | 5,162,000,000 | 5,072,000,000 | 4,519,000,000 | 4,000,000,000 | 4,662,000,000 | 4,295,000,000 | 5,073,000,000 | 3,969,000,000 | 3,568,000,000 | 4,514,000,000 | 4,606,000,000 | 4,011,000,000 | 3,101,000,000 | 3,026,000,000 | 3,418,000,000 |
long-term debt | 4,341,000,000 | 4,341,000,000 | 5,027,000,000 | 4,998,000,000 | 5,051,000,000 | 5,007,000,000 | 4,395,000,000 | 5,089,000,000 | 5,530,000,000 | 5,078,000,000 | 5,759,000,000 | 5,317,000,000 | 5,697,000,000 | 5,838,000,000 | 5,953,000,000 | 7,020,000,000 | 7,029,000,000 | 6,655,000,000 | 6,262,000,000 | 7,000,000,000 | 6,929,000,000 | 7,163,000,000 | 6,746,000,000 | 7,195,000,000 | 7,683,000,000 | 8,262,000,000 | 8,183,000,000 | 8,737,000,000 | 7,881,000,000 | 7,216,000,000 | 7,123,000,000 | 6,715,000,000 | 6,277,000,000 | 6,256,000,000 | 5,830,000,000 | 5,800,000,000 | 6,561,000,000 | 5,963,000,000 | 6,029,000,000 | 5,413,000,000 | 6,337,000,000 | 6,717,000,000 | 6,065,000,000 | 6,030,000,000 | 4,254,000,000 | 5,300,000,000 | 5,308,000,000 | 4,905,000,000 |
operating lease liabilities | 424,000,000 | 458,000,000 | 462,000,000 | 465,000,000 | 502,000,000 | 510,000,000 | 528,000,000 | 532,000,000 | 471,000,000 | 478,000,000 | 477,000,000 | 486,000,000 | 478,000,000 | 502,000,000 | 536,000,000 | 503,000,000 | 517,000,000 | 502,000,000 | 502,000,000 | 523,000,000 | 532,000,000 | 474,000,000 | 520,000,000 | 433,000,000 | 366,000,000 | 321,000,000 | 339,000,000 | |||||||||||||||||||||
deferred income taxes | 558,000,000 | 537,000,000 | 579,000,000 | 541,000,000 | 437,000,000 | 526,000,000 | 513,000,000 | 497,000,000 | 702,000,000 | 659,000,000 | 728,000,000 | 760,000,000 | 923,000,000 | 866,000,000 | 808,000,000 | 613,000,000 | 647,000,000 | 634,000,000 | 722,000,000 | 587,000,000 | 597,000,000 | 592,000,000 | 562,000,000 | 596,000,000 | 589,000,000 | 778,000,000 | 755,000,000 | 714,000,000 | 357,000,000 | 411,000,000 | 401,000,000 | 456,000,000 | 193,000,000 | 161,000,000 | 170,000,000 | 207,000,000 | 169,000,000 | 155,000,000 | 161,000,000 | 168,000,000 | 172,000,000 | 176,000,000 | 197,000,000 | 159,000,000 | 161,000,000 | 134,000,000 | ||
pension liability | 432,000,000 | 448,000,000 | 580,000,000 | 599,000,000 | 554,000,000 | 580,000,000 | 596,000,000 | 613,000,000 | 722,000,000 | 712,000,000 | 711,000,000 | 709,000,000 | 603,000,000 | 624,000,000 | 659,000,000 | 738,000,000 | 688,000,000 | 726,000,000 | 706,000,000 | 672,000,000 | 697,000,000 | 689,000,000 | 769,000,000 | 705,000,000 | 605,000,000 | 619,000,000 | 630,000,000 | 532,000,000 | 812,000,000 | 933,000,000 | 997,000,000 | 1,008,000,000 | 922,000,000 | 937,000,000 | 731,000,000 | 728,000,000 | 760,000,000 | 267,000,000 | 269,000,000 | 270,000,000 | 869,000,000 | 873,000,000 | 564,000,000 | 595,000,000 | 550,000,000 | 195,000,000 | 171,000,000 | 176,000,000 |
other liabilities | 485,000,000 | 493,000,000 | 460,000,000 | 483,000,000 | 486,000,000 | 475,000,000 | 480,000,000 | 461,000,000 | 469,000,000 | 477,000,000 | 475,000,000 | 500,000,000 | 544,000,000 | 498,000,000 | 513,000,000 | 495,000,000 | 506,000,000 | 507,000,000 | 456,000,000 | 520,000,000 | 534,000,000 | 515,000,000 | 525,000,000 | 543,000,000 | 579,000,000 | 488,000,000 | 483,000,000 | 548,000,000 | 583,000,000 | 491,000,000 | 476,000,000 | 494,000,000 | 382,000,000 | 384,000,000 | 391,000,000 | 425,000,000 | 396,000,000 | 430,000,000 | 421,000,000 | 419,000,000 | 440,000,000 | 384,000,000 | 431,000,000 | 431,000,000 | 419,000,000 | 401,000,000 | 416,000,000 | 636,000,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||
equity | ||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 | 105,000,000 |
capital in excess of par value | 1,007,000,000 | 1,016,000,000 | 1,005,000,000 | 1,121,000,000 | 1,105,000,000 | 1,082,000,000 | 1,063,000,000 | 1,101,000,000 | 1,070,000,000 | 1,056,000,000 | 1,033,000,000 | 1,068,000,000 | 1,027,000,000 | 1,008,000,000 | 993,000,000 | 1,005,000,000 | 973,000,000 | 954,000,000 | 1,023,000,000 | 948,000,000 | 929,000,000 | 911,000,000 | 972,000,000 | 921,000,000 | 909,000,000 | 895,000,000 | 877,000,000 | 866,000,000 | 852,000,000 | 851,000,000 | 836,000,000 | 817,000,000 | 770,000,000 | 754,000,000 | 721,000,000 | 704,000,000 | 689,000,000 | 656,000,000 | 653,000,000 | 638,000,000 | 568,000,000 | 583,000,000 | 553,000,000 | 541,000,000 | 530,000,000 | 510,000,000 | 513,000,000 | 503,000,000 |
retained earnings | 9,696,000,000 | 9,590,000,000 | 9,497,000,000 | 9,358,000,000 | 9,195,000,000 | 9,027,000,000 | 8,878,000,000 | 8,804,000,000 | 9,509,000,000 | 9,447,000,000 | 9,293,000,000 | 9,197,000,000 | 9,499,000,000 | 9,387,000,000 | 9,254,000,000 | 8,796,000,000 | 8,688,000,000 | 8,506,000,000 | 9,028,000,000 | 8,318,000,000 | 8,166,000,000 | 8,010,000,000 | 8,326,000,000 | 7,859,000,000 | 7,910,000,000 | 7,858,000,000 | 7,762,000,000 | 7,743,000,000 | 7,334,000,000 | 6,862,000,000 | 6,752,000,000 | 6,650,000,000 | 6,701,000,000 | 6,595,000,000 | 6,815,000,000 | 6,789,000,000 | 6,739,000,000 | 7,161,000,000 | 7,113,000,000 | 6,985,000,000 | 5,939,000,000 | 5,749,000,000 | 7,196,000,000 | 7,061,000,000 | 6,917,000,000 | 6,644,000,000 | 6,511,000,000 | 6,325,000,000 |
treasury stock | -4,369,000,000 | -4,384,000,000 | -4,425,000,000 | -4,533,000,000 | -4,557,000,000 | -4,699,000,000 | -4,723,000,000 | -4,794,000,000 | -4,692,000,000 | -4,700,000,000 | -4,666,000,000 | -4,721,000,000 | -4,750,000,000 | -4,817,000,000 | -4,946,000,000 | -4,729,000,000 | -4,741,000,000 | -4,762,000,000 | -4,715,000,000 | -4,570,000,000 | -4,613,000,000 | -4,625,000,000 | -4,559,000,000 | -4,690,000,000 | -4,714,000,000 | -4,739,000,000 | -4,744,000,000 | -4,375,000,000 | -4,346,000,000 | -4,425,000,000 | -4,364,000,000 | -4,078,000,000 | -4,092,000,000 | -3,989,000,000 | -3,656,000,000 | -3,665,000,000 | -3,696,000,000 | -3,523,000,000 | -3,191,000,000 | -3,278,000,000 | -3,031,000,000 | -2,709,000,000 | -3,095,000,000 | -3,118,000,000 | -3,142,000,000 | -3,050,000,000 | -2,890,000,000 | -2,835,000,000 |
accumulated other comprehensive income | -2,236,000,000 | -2,218,000,000 | -2,267,000,000 | -2,276,000,000 | -2,198,000,000 | -2,208,000,000 | -2,171,000,000 | -2,041,000,000 | -1,954,000,000 | -1,943,000,000 | -1,713,000,000 | -1,708,000,000 | -1,598,000,000 | -1,601,000,000 | -1,611,000,000 | -1,693,000,000 | -1,663,000,000 | -1,665,000,000 | -1,721,000,000 | -1,757,000,000 | -1,717,000,000 | -1,727,000,000 | -1,732,000,000 | -1,448,000,000 | -1,483,000,000 | -1,469,000,000 | -1,467,000,000 | -1,501,000,000 | -1,407,000,000 | -1,466,000,000 | -1,495,000,000 | -1,488,000,000 | -1,494,000,000 | -1,434,000,000 | -1,322,000,000 | -1,281,000,000 | -1,291,000,000 | -1,016,000,000 | -928,000,000 | -939,000,000 | -947,000,000 | -2,323,000,000 | -2,438,000,000 | -2,348,000,000 | -1,926,000,000 | -1,765,000,000 | -1,789,000,000 | |
total kellanova equity | 4,203,000,000 | 4,109,000,000 | 3,915,000,000 | 3,775,000,000 | 3,650,000,000 | 3,307,000,000 | 3,152,000,000 | 3,175,000,000 | 4,038,000,000 | |||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 92,000,000 | 101,000,000 | 110,000,000 | 107,000,000 | 108,000,000 | 120,000,000 | 126,000,000 | 194,000,000 | 239,000,000 | 256,000,000 | 427,000,000 | 434,000,000 | 455,000,000 | 476,000,000 | 500,000,000 | 525,000,000 | 518,000,000 | 517,000,000 | 495,000,000 | 542,000,000 | 536,000,000 | 538,000,000 | 524,000,000 | 567,000,000 | 561,000,000 | 562,000,000 | 564,000,000 | 566,000,000 | 16,000,000 | 16,000,000 | 16,000,000 | 16,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 22,000,000 | 106,000,000 | 62,000,000 | 61,000,000 | 61,000,000 | 61,000,000 | 61,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | -6,000,000 | -5,000,000 |
total equity | 4,295,000,000 | 4,210,000,000 | 4,025,000,000 | 3,882,000,000 | 3,758,000,000 | 3,427,000,000 | 3,278,000,000 | 3,369,000,000 | 4,277,000,000 | 4,221,000,000 | 4,479,000,000 | 4,375,000,000 | 4,738,000,000 | 4,558,000,000 | 4,295,000,000 | 4,009,000,000 | 3,880,000,000 | 3,655,000,000 | 4,215,000,000 | 3,586,000,000 | 3,406,000,000 | 3,212,000,000 | 3,636,000,000 | 3,314,000,000 | 3,288,000,000 | 3,212,000,000 | 3,097,000,000 | 3,404,000,000 | 2,554,000,000 | 1,943,000,000 | 1,850,000,000 | 2,022,000,000 | 2,000,000,000 | 2,041,000,000 | 2,673,000,000 | 2,674,000,000 | 2,652,000,000 | 3,445,000,000 | 3,813,000,000 | 3,572,000,000 | 2,619,000,000 | 2,842,000,000 | 2,438,000,000 | 2,153,000,000 | 2,064,000,000 | 2,285,000,000 | 2,468,000,000 | 2,304,000,000 |
total liabilities and equity | 15,645,000,000 | 15,871,000,000 | 15,474,000,000 | 15,628,000,000 | 15,763,000,000 | 15,299,000,000 | 15,315,000,000 | 15,621,000,000 | 18,695,000,000 | 18,101,000,000 | 18,630,000,000 | 18,496,000,000 | 19,016,000,000 | 18,937,000,000 | 18,612,000,000 | 18,407,000,000 | 18,213,000,000 | 18,064,000,000 | 18,178,000,000 | 18,922,000,000 | 18,551,000,000 | 18,240,000,000 | 17,996,000,000 | 17,564,000,000 | 17,499,000,000 | 18,669,000,000 | 18,465,000,000 | 17,901,000,000 | 16,702,000,000 | 15,641,000,000 | 15,535,000,000 | 15,427,000,000 | 15,387,000,000 | 15,297,000,000 | 15,518,000,000 | 14,962,000,000 | 15,208,000,000 | 15,772,000,000 | 15,813,000,000 | 15,728,000,000 | 15,076,000,000 | 15,224,000,000 | 14,854,000,000 | 14,640,000,000 | 12,134,000,000 | 12,263,000,000 | 12,356,000,000 | 12,188,000,000 |
investment in unconsolidated entities | 99,000,000 | 184,000,000 | 432,000,000 | 424,000,000 | 391,000,000 | 404,000,000 | ||||||||||||||||||||||||||||||||||||||||||
current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||
total kellogg company equity | 3,965,000,000 | 4,052,000,000 | 3,941,000,000 | 4,283,000,000 | 4,082,000,000 | 3,795,000,000 | 3,484,000,000 | 3,362,000,000 | 3,138,000,000 | 3,720,000,000 | 3,044,000,000 | 2,870,000,000 | 2,674,000,000 | 3,112,000,000 | 2,747,000,000 | 2,727,000,000 | 2,650,000,000 | 2,533,000,000 | 2,838,000,000 | 2,538,000,000 | 1,927,000,000 | 1,834,000,000 | 2,006,000,000 | 1,990,000,000 | 2,031,000,000 | 2,663,000,000 | 2,652,000,000 | 2,546,000,000 | 3,383,000,000 | 3,752,000,000 | 3,511,000,000 | 2,558,000,000 | 2,781,000,000 | 2,436,000,000 | 2,151,000,000 | 2,062,000,000 | 2,283,000,000 | 2,474,000,000 | 2,309,000,000 | |||||||||
marketable securities | 250,000,000 | 200,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
current assets held for sale | 112,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
noncurrent assets held for sale | 1,188,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net sales | 3,522,000,000 | 3,360,000,000 | 3,401,000,000 | 3,273,000,000 | 3,187,000,000 | 3,254,000,000 | 3,268,000,000 | 3,395,000,000 | 3,329,000,000 | 3,498,000,000 | 3,485,000,000 | |||||||||||||||||||||||||||||||||||||
cost of goods sold | 2,415,000,000 | 2,151,000,000 | 2,149,000,000 | 2,041,000,000 | 1,922,000,000 | 2,050,000,000 | 1,998,000,000 | 2,150,000,000 | 2,096,000,000 | 2,257,000,000 | 2,064,000,000 | |||||||||||||||||||||||||||||||||||||
selling, general and administrative expense | 726,000,000 | 735,000,000 | 742,000,000 | 768,000,000 | 812,000,000 | 844,000,000 | 821,000,000 | 807,000,000 | 899,000,000 | 829,000,000 | 849,000,000 | |||||||||||||||||||||||||||||||||||||
operating profit | 381,000,000 | 474,000,000 | 510,000,000 | 464,000,000 | 453,000,000 | 360,000,000 | 449,000,000 | 438,000,000 | 334,000,000 | 412,000,000 | 572,000,000 | |||||||||||||||||||||||||||||||||||||
interest expense | 74,000,000 | 72,000,000 | 69,000,000 | 64,000,000 | 63,000,000 | 61,000,000 | 68,000,000 | 217,000,000 | 56,000,000 | 58,000,000 | 67,000,000 | |||||||||||||||||||||||||||||||||||||
other income | 52,000,000 | 69,000,000 | 70,000,000 | -2,000,000 | -6,000,000 | 3,000,000 | 4,000,000 | -6,000,000 | -46,000,000 | |||||||||||||||||||||||||||||||||||||||
income before income taxes | 359,000,000 | 471,000,000 | 511,000,000 | 398,000,000 | 384,000,000 | 302,000,000 | 385,000,000 | 221,000,000 | 272,000,000 | 308,000,000 | 505,000,000 | |||||||||||||||||||||||||||||||||||||
income taxes | 72,000,000 | 70,000,000 | 67,000,000 | 104,000,000 | 102,000,000 | 42,000,000 | 106,000,000 | 47,000,000 | 66,000,000 | 85,000,000 | 140,000,000 | |||||||||||||||||||||||||||||||||||||
earnings from unconsolidated entities | -2,000,000 | 198,000,000 | 3,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||
net income | 285,000,000 | 599,000,000 | 444,000,000 | 297,000,000 | 282,000,000 | 262,000,000 | 280,000,000 | 175,000,000 | 205,000,000 | 222,000,000 | 365,000,000 | |||||||||||||||||||||||||||||||||||||
net income attributable to noncontrolling interests | 3,000,000 | 3,000,000 | -1,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income attributable to kellogg company | 282,000,000 | 596,000,000 | 280,000,000 | 175,000,000 | 205,000,000 | 223,000,000 | 366,000,000 | |||||||||||||||||||||||||||||||||||||||||
per share amounts: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings | 820,000 | 1,720,000 | 1,280,000 | 860,000 | 810,000 | 750,000 | ||||||||||||||||||||||||||||||||||||||||||
diluted earnings | 820,000 | 1,710,000 | 1,270,000 | 850,000 | 800,000 | 740,000 | ||||||||||||||||||||||||||||||||||||||||||
average shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||
basic | 342,000,000 | 347,000,000 | 346,000,000 | 345,000,000 | 349,000,000 | 351,000,000 | 800,000 | 500,000 | 580,000 | 630,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||
diluted | 343,000,000 | 348,000,000 | 348,000,000 | 348,000,000 | 352,000,000 | 354,000,000 | 790,000 | 490,000 | 580,000 | 630,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||
actual shares outstanding at period end | 340,000,000 | 347,000,000 | 350,000,000 | 350,000,000 | 362,000,000 | |||||||||||||||||||||||||||||||||||||||||||
dividends | 540,000 | 540,000 | 540,000 | 520,000 | 520,000 | |||||||||||||||||||||||||||||||||||||||||||
inventories: | ||||||||||||||||||||||||||||||||||||||||||||||||
raw materials and supplies | 327,000,000 | 324,000,000 | 318,000,000 | 322,000,000 | 330,000,000 | 320,000,000 | 318,000,000 | 353,000,000 | 348,000,000 | 345,000,000 | 348,000,000 | 305,000,000 | 312,000,000 | 292,000,000 | 282,000,000 | 264,000,000 | 252,000,000 | 239,000,000 | 243,000,000 | |||||||||||||||||||||||||||||
finished goods and materials in process | 868,000,000 | 877,000,000 | 877,000,000 | 894,000,000 | 868,000,000 | 890,000,000 | 893,000,000 | 846,000,000 | 860,000,000 | 958,000,000 | 929,000,000 | 969,000,000 | 972,000,000 | 987,000,000 | 953,000,000 | 880,000,000 | 761,000,000 | 778,000,000 | 732,000,000 | |||||||||||||||||||||||||||||
other prepaid assets | 198,000,000 | 205,000,000 | 189,000,000 | 201,000,000 | 206,000,000 | 194,000,000 | 240,000,000 | 220,000,000 | 166,000,000 | 185,000,000 | 183,000,000 | 198,000,000 | 170,000,000 | 136,000,000 | 150,000,000 | 143,000,000 | 122,000,000 | 137,000,000 | 171,000,000 | |||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,636 and 5,280 | 3,629,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 62 and 54 | 2,442,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accrued income taxes | 38,000,000 | 48,000,000 | 141,000,000 | 83,000,000 | 19,000,000 | 25,000,000 | 15,000,000 | 72,000,000 | 56,000,000 | 39,000,000 | 107,000,000 | 31,000,000 | 87,000,000 | 16,000,000 | 5,000,000 | 180,000,000 | 18,000,000 | 31,000,000 | 92,000,000 | |||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,530 and 5,280 | 3,613,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 58 and 54 | 2,423,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,397 and 5,280 | 3,576,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 56 and 54 | 2,442,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,310 and 5,236 | 3,543,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 51 and 47 | 2,282,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
pension | 246,000,000 | 248,000,000 | 283,000,000 | 279,000,000 | 254,000,000 | 512,000,000 | 501,000,000 | 515,000,000 | 171,000,000 | 163,000,000 | 233,000,000 | 195,000,000 | 190,000,000 | 480,000,000 | 474,000,000 | 463,000,000 | ||||||||||||||||||||||||||||||||
nonpension postretirement benefits | 58,000,000 | 70,000,000 | 56,000,000 | 69,000,000 | 75,000,000 | 62,000,000 | 69,000,000 | 66,000,000 | 273,000,000 | 277,000,000 | 199,000,000 | 181,000,000 | 188,000,000 | 191,000,000 | 199,000,000 | |||||||||||||||||||||||||||||||||
dividends per share | 500,000 | 500,000 | 500,000 | 490,000 | 405,000 | |||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,263 and 5,236 | 3,617,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 49 and 47 | 2,293,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,535 and 5,526 | 3,594,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 45 and 43 | 2,281,000,000 | 2,282,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,585 and 5,526 | 3,624,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 43 and 43 | 2,266,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
earnings from joint ventures | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,466 and 5,526 | 3,719,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
* | ||||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,717 and 5,501 | 3,790,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 40 and 34 | 2,327,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,719 and 5,501 | 3,879,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 66 and 62 | 2,361,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,589 and 5,501 | 3,851,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 64 and 62 | 2,369,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,246 and 5,209 | 3,719,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
goodwill ** | 5,019,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 56 and 53 | 2,347,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income ** | -1,023,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,227 and 5,209 | 3,745,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 55 and 53 | 2,346,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 5,132 and 4,847 | 3,599,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 50 and 49 | 2,255,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 4,976 and 4,847 | 3,561,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 49 and 49 | 2,193,000,000 | 1,454,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 4,967 and 4,847 | 3,295,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 4,858 and 4,690 | 3,193,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 48 and 47 | 1,455,000,000 | 1,455,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 4,908 and 4,690 | 3,246,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property, net of accumulated depreciation of 4,816 and 4,690 | 3,183,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
other intangibles, net of accumulated amortization of 47 and 47 | 1,456,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-03-29 | 2024-03-30 | 2023-04-01 | 2021-04-03 | 2020-03-28 | 2019-03-30 | 2018-03-31 | 2017-04-01 | 2016-04-02 | 2013-03-30 | 2012-03-31 | 2011-04-02 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | ||||||||||||
net income | 308,000,000 | 271,000,000 | 302,000,000 | 371,000,000 | 350,000,000 | 285,000,000 | 444,000,000 | 262,000,000 | 175,000,000 | 311,000,000 | 358,000,000 | 365,000,000 |
adjustments to reconcile net income to operating cash flows: | ||||||||||||
depreciation and amortization | 92,000,000 | 86,000,000 | 116,000,000 | 112,000,000 | 117,000,000 | 124,000,000 | 122,000,000 | 121,000,000 | 115,000,000 | 113,000,000 | 95,000,000 | 89,000,000 |
impairment of property | ||||||||||||
postretirement benefit plan expense | -6,000,000 | -18,000,000 | -15,000,000 | -68,000,000 | -39,000,000 | -38,000,000 | -47,000,000 | -56,000,000 | -28,000,000 | -4,000,000 | ||
deferred income taxes | 68,000,000 | 29,000,000 | -6,000,000 | 17,000,000 | 8,000,000 | 7,000,000 | -1,000,000 | -67,000,000 | 11,000,000 | -53,000,000 | 6,000,000 | |
stock compensation | 22,000,000 | 21,000,000 | 22,000,000 | 20,000,000 | 19,000,000 | 13,000,000 | 16,000,000 | 17,000,000 | 15,000,000 | |||
other | -23,000,000 | 36,000,000 | -10,000,000 | 13,000,000 | -11,000,000 | -8,000,000 | -30,000,000 | 30,000,000 | -33,000,000 | 5,000,000 | 28,000,000 | 6,000,000 |
postretirement benefit plan distributions | ||||||||||||
postretirement benefit plan contributions | -12,000,000 | -22,000,000 | -5,000,000 | -2,000,000 | -6,000,000 | -5,000,000 | -19,000,000 | -24,000,000 | -17,000,000 | -31,000,000 | -25,000,000 | -178,000,000 |
changes in operating assets and liabilities, net of acquisitions and divestitures: | ||||||||||||
trade receivables | 16,000,000 | -173,000,000 | -110,000,000 | -155,000,000 | -194,000,000 | -229,000,000 | -175,000,000 | -192,000,000 | -201,000,000 | -142,000,000 | -168,000,000 | -301,000,000 |
inventories | -46,000,000 | -4,000,000 | -27,000,000 | -50,000,000 | 1,000,000 | 12,000,000 | 13,000,000 | 58,000,000 | 49,000,000 | 80,000,000 | -14,000,000 | 81,000,000 |
accounts payable | -106,000,000 | -14,000,000 | 9,000,000 | 118,000,000 | 44,000,000 | -16,000,000 | -4,000,000 | 11,000,000 | 89,000,000 | 45,000,000 | 1,000,000 | 50,000,000 |
all other current assets and liabilities | -197,000,000 | -83,000,000 | -141,000,000 | 102,000,000 | -75,000,000 | -91,000,000 | -36,000,000 | -63,000,000 | -13,000,000 | -47,000,000 | -28,000,000 | |
net cash from operating activities | 116,000,000 | 364,000,000 | 276,000,000 | 235,000,000 | 391,000,000 | 70,000,000 | 228,000,000 | 211,000,000 | 5,000,000 | 338,000,000 | 340,000,000 | 310,000,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 116,000,000 | 364,000,000 | 276,000,000 | 235,000,000 | 391,000,000 | 70,000,000 | 228,000,000 | 211,000,000 | 5,000,000 | 338,000,000 | 340,000,000 | 310,000,000 |
investing activities | ||||||||||||
additions to properties | -176,000,000 | -155,000,000 | -203,000,000 | -173,000,000 | -112,000,000 | -148,000,000 | -132,000,000 | -130,000,000 | -144,000,000 | -102,000,000 | -63,000,000 | -103,000,000 |
purchases of marketable securities | -72,000,000 | |||||||||||
sales of marketable securities | 84,000,000 | |||||||||||
settlement of net investment hedges | -7,000,000 | 17,000,000 | ||||||||||
net cash from investing activities | -152,000,000 | -333,000,000 | -205,000,000 | -189,000,000 | -202,000,000 | -163,000,000 | -131,000,000 | -131,000,000 | -155,000,000 | -102,000,000 | -57,000,000 | -99,000,000 |
financing activities | ||||||||||||
net issuances (reductions) of notes payable | 474,000,000 | 115,000,000 | 3,000,000 | 326,000,000 | 549,000,000 | 429,000,000 | 99,000,000 | 191,000,000 | -485,000,000 | -178,000,000 | ||
issuances of long-term debt | 401,000,000 | 1,382,000,000 | 645,000,000 | |||||||||
reductions of long-term debt | -631,000,000 | -2,000,000 | -216,000,000 | -4,000,000 | -3,000,000 | -1,000,000 | -473,000,000 | -749,000,000 | -946,000,000 | |||
net issuances of common stock | 42,000,000 | 23,000,000 | 19,000,000 | 18,000,000 | 46,000,000 | 7,000,000 | 50,000,000 | 40,000,000 | 164,000,000 | 265,000,000 | 41,000,000 | 122,000,000 |
cash dividends | -197,000,000 | -191,000,000 | -202,000,000 | -195,000,000 | -195,000,000 | -192,000,000 | -187,000,000 | -182,000,000 | -176,000,000 | -160,000,000 | -153,000,000 | -148,000,000 |
net cash from financing activities | -313,000,000 | -58,000,000 | -33,000,000 | -95,000,000 | 477,000,000 | 24,000,000 | -38,000,000 | -77,000,000 | 214,000,000 | -260,000,000 | -355,000,000 | -266,000,000 |
effect of exchange rate changes on cash and cash equivalents | -15,000,000 | -5,000,000 | 10,000,000 | 5,000,000 | -47,000,000 | 20,000,000 | 30,000,000 | 15,000,000 | -5,000,000 | -5,000,000 | 16,000,000 | 15,000,000 |
increase in cash and cash equivalents | -364,000,000 | -32,000,000 | 48,000,000 | -44,000,000 | 619,000,000 | -49,000,000 | 89,000,000 | 18,000,000 | 59,000,000 | -40,000,000 | ||
cash and cash equivalents at beginning of period | 694,000,000 | 274,000,000 | 299,000,000 | 435,000,000 | 397,000,000 | 321,000,000 | 281,000,000 | 280,000,000 | 251,000,000 | 281,000,000 | 460,000,000 | 444,000,000 |
cash and cash equivalents at end of period | 330,000,000 | 242,000,000 | 347,000,000 | 391,000,000 | 1,016,000,000 | 272,000,000 | 370,000,000 | 298,000,000 | 310,000,000 | 252,000,000 | 404,000,000 | 404,000,000 |
supplemental cash flow disclosures of non-cash investing activities: | ||||||||||||
additions to properties included in accounts payable | 116,000,000 | 88,000,000 | 105,000,000 | 97,000,000 | 87,000,000 | 122,000,000 | 92,000,000 | 106,000,000 | ||||
net cash provided by: | ||||||||||||
effect of exchange rates on cash and cash equivalents | ||||||||||||
net increase in cash and cash equivalents | ||||||||||||
loss on russia divestiture | ||||||||||||
distribution from postretirement benefit plan | 175,000,000 | |||||||||||
changes in operating assets and liabilities, net of acquisitions: | ||||||||||||
issuance of notes receivable | -5,000,000 | -20,000,000 | ||||||||||
purchases of available for sale securities | -5,000,000 | -2,000,000 | -65,000,000 | -7,000,000 | ||||||||
sales of available for sale securities | 5,000,000 | 5,000,000 | 5,000,000 | 7,000,000 | ||||||||
common stock repurchases | -240,000,000 | -220,000,000 | -125,000,000 | -198,000,000 | -44,000,000 | -63,000,000 | -329,000,000 | |||||
collateral paid on derivatives | -15,000,000 | |||||||||||
impairment of property plant and equipment | 60,000,000 | |||||||||||
purchase of marketable securities | -175,000,000 | |||||||||||
repayments from notes receivable | 28,000,000 | |||||||||||
investments in unconsolidated entities | -10,000,000 | |||||||||||
multi-employer pension plan exit liability | ||||||||||||
acquisition of cost method investments | -3,000,000 | |||||||||||
collateral received on derivative instruments | 80,000,000 | |||||||||||
acquisitions, net of cash acquired | -18,000,000 | |||||||||||
divestiture | ||||||||||||
debt redemption costs | ||||||||||||
supplemental cash flow disclosures | ||||||||||||
interest paid | 8,000,000 | 8,000,000 | 14,000,000 | 16,000,000 | 199,000,000 | |||||||
income taxes paid | 18,000,000 | 79,000,000 | 31,000,000 | 16,000,000 | 59,000,000 | |||||||
gain on unconsolidated entities | ||||||||||||
collections of deferred purchase price on securitized trade receivables | ||||||||||||
beneficial interests obtained in exchange for securitized trade receivables | ||||||||||||
accrued income taxes | 92,000,000 | -13,000,000 | 51,000,000 | 174,000,000 | 190,000,000 | |||||||
accrued interest expense | 48,000,000 | 12,000,000 | 49,000,000 | 44,000,000 | -16,000,000 | |||||||
accrued and prepaid advertising and promotion | 18,000,000 | |||||||||||
accrued salaries and wages | -71,000,000 | -113,000,000 | -65,000,000 | -70,000,000 | 25,000,000 | |||||||
investments in unconsolidated entities, net proceeds | ||||||||||||
venezuela remeasurement | 6,000,000 | |||||||||||
variable-interest entity impairment | ||||||||||||
additions to properties included in accounts payable* | 88,000,000 | |||||||||||
accrued and prepaid advertising, promotion and trade allowances | 12,000,000 | -72,000,000 | 17,000,000 | 21,000,000 | ||||||||
venezuela remeasurement expense | ||||||||||||
vie deconsolidation | ||||||||||||
net issuances of notes payable | 1,031,000,000 | |||||||||||
decrease in cash and cash equivalents | -29,000,000 | -56,000,000 | ||||||||||
net reductions of notes payable | -226,000,000 | |||||||||||
changes in operating assets and liabilities: |