7Baggers
Quarterly
Annual
    Unit: USD2025-09-27 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 2022-09-24 2022-06-25 2022-03-26 2021-12-25 2021-09-25 2021-06-26 2021-03-27 2020-12-26 2020-09-26 2020-06-27 2020-03-28 2019-12-28 2019-09-28 2019-06-29 2019-03-30 2018-09-29 2018-06-30 2018-03-31 2017-12-30 2017-09-30 2017-07-01 2017-04-01 2016-12-31 2016-10-02 2016-07-03 2016-04-03 2016-01-03 2015-09-27 
      
    		                                        
      cash flows from operating activities:
    		                                        
      net income/
    		613,000,000 -7,823,000,000 714,000,000 2,132,000,000 -290,000,000 100,000,000 804,000,000 757,000,000 254,000,000 998,000,000 837,000,000 887,000,000 435,000,000 265,000,000 781,000,000 -255,000,000 736,000,000 -25,000,000 568,000,000 1,034,000,000 598,000,000 -1,652,000,000 381,000,000 183,000,000 898,000,000 448,000,000 404,000,000 628,000,000 755,000,000 993,000,000 7,996,000,000 943,000,000 1,160,000,000 891,000,000 944,000,000 843,000,000 955,000,000 900,000,000   
      adjustments to reconcile net income/(loss) to operating cash flows:
    		                                        
      depreciation and amortization
    		245,000,000 241,000,000 231,000,000 234,000,000 245,000,000 239,000,000 230,000,000 251,000,000 274,000,000 216,000,000 220,000,000 248,000,000 229,000,000 236,000,000 220,000,000 233,000,000 228,000,000 227,000,000 222,000,000 247,000,000 232,000,000 247,000,000 243,000,000 257,000,000 243,000,000 255,000,000 239,000,000 260,000,000 242,000,000 234,000,000 246,000,000 273,000,000 255,000,000 262,000,000 327,000,000 290,000,000 357,000,000 363,000,000 338,000,000  
      divestiture-related license income
    		-13,000,000 -13,000,000 -13,000,000 -13,000,000 -14,000,000 -13,000,000 -14,000,000 -13,000,000 -14,000,000 -14,000,000 -13,000,000 -15,000,000 -14,000,000 -13,000,000 -14,000,000                          
      equity award compensation expense
    		17,000,000 26,000,000 27,000,000 26,000,000 18,000,000 34,000,000 31,000,000 31,000,000 33,000,000 46,000,000 31,000,000 41,000,000 28,000,000 45,000,000 34,000,000 42,000,000 51,000,000 53,000,000 51,000,000 42,000,000 41,000,000 40,000,000 33,000,000 20,000,000 11,000,000 6,000,000 9,000,000 17,000,000 20,000,000 7,000,000 10,000,000 12,000,000 13,000,000 11,000,000 8,000,000 12,000,000 13,000,000 13,000,000 35,000,000  
      deferred income tax provision/
    		107,000,000 -646,000,000 51,000,000 -2,580,000,000 -229,000,000 -49,000,000 1,000,000 32,000,000 19,000,000 -31,000,000 -3,000,000 -94,000,000 -77,000,000 -130,000,000 23,000,000 -922,000,000 -6,000,000 -241,000,000 127,000,000 0 146,000,000 -443,000,000 -46,000,000 -153,000,000 -100,000,000 27,000,000 -67,000,000 38,000,000 105,000,000 -47,000,000 -6,959,000,000 223,000,000 164,000,000 105,000,000       
      postemployment benefit plan contributions
    		-3,000,000 -4,000,000 -4,000,000  25,000,000 -4,000,000 -5,000,000 -4,000,000 -7,000,000 -5,000,000 -6,000,000 -9,000,000 -3,000,000 -4,000,000 -7,000,000 -6,000,000 -7,000,000 -5,000,000 -9,000,000 -7,000,000 -5,000,000 -6,000,000 -9,000,000 -9,000,000 -10,000,000 0 -13,000,000              
      goodwill and intangible asset impairment losses
    		35,000,000   1,387,000,000 1,428,000,000   0    0 294,000,000 630,000,000 -11,000,000 1,291,000,000 0 113,000,000 230,000,000 0 300,000,000 2,873,000,000 226,000,000 676,000,000 5,000,000 598,000,000 620,000,000              
      nonmonetary currency devaluation
    		5,000,000 7,000,000 14,000,000 9,000,000 3,000,000 1,000,000 3,000,000 1,000,000 9,000,000 15,000,000 3,000,000 1,000,000 6,000,000 6,000,000 4,000,000  0 0 4,000,000 0 2,000,000 3,000,000 1,000,000 0 4,000,000 2,000,000 4,000,000 64,000,000 20,000,000 47,000,000     6,000,000 2,000,000   0  
      loss/(gain) on sale of business
    		   3,000,000 -1,000,000 -1,000,000 80,000,000 -6,000,000 0 1,000,000 1,000,000 -24,000,000 0 -2,000,000 1,000,000 -33,000,000 -76,000,000 46,000,000 19,000,000 0 0 0 2,000,000 70,000,000 -244,000,000 0 -246,000,000              
      other items
    		41,000,000 -14,000,000 -14,000,000 -7,000,000 17,000,000 -42,000,000 -14,000,000 265,000,000 -18,000,000 -55,000,000 29,000,000 1,000,000 92,000,000 -17,000,000 -69,000,000 -608,000,000 143,000,000 248,000,000 30,000,000 -62,000,000 -55,000,000 28,000,000 170,000,000 -12,000,000 97,000,000 -67,000,000 -64,000,000 -24,000,000 53,000,000 -12,000,000 152,000,000 -53,000,000 -39,000,000 16,000,000 6,000,000 -27,000,000 -2,000,000 -111,000,000 133,000,000 -45,000,000 
      changes in current assets and liabilities:
    		                                        
      trade receivables
    		70,000,000 -34,000,000 -89,000,000 -56,000,000 30,000,000 32,000,000 -145,000,000 34,000,000 98,000,000 37,000,000 -151,000,000 -20,000,000 14,000,000 -99,000,000 -123,000,000 -5,000,000 30,000,000 96,000,000 -34,000,000 -20,000,000 54,000,000 363,000,000 -423,000,000 2,000,000 63,000,000 -41,000,000 116,000,000 -153,000,000 -1,289,000,000 -712,000,000 -568,000,000 -1,922,000,000 -21,000,000 -118,000,000 48,000,000 258,000,000 -188,000,000 -38,000,000   
      inventories
    		-41,000,000 53,000,000 -217,000,000 386,000,000 -291,000,000 -45,000,000 -56,000,000 171,000,000 -45,000,000 174,000,000 -406,000,000 -94,000,000 -259,000,000 -386,000,000 -382,000,000 120,000,000 -37,000,000 -126,000,000 -101,000,000 189,000,000 -258,000,000 29,000,000 -226,000,000 360,000,000 -153,000,000 4,000,000 -488,000,000 -223,000,000 -128,000,000 -312,000,000 329,000,000 -149,000,000 61,000,000 -492,000,000 351,000,000 -225,000,000 17,000,000 -273,000,000 2,000,000 103,000,000 
      accounts payable
    		203,000,000 120,000,000 -11,000,000 -356,000,000 88,000,000 9,000,000 -49,000,000 -74,000,000 -65,000,000 -124,000,000 -32,000,000 -147,000,000 97,000,000 196,000,000 6,000,000 214,000,000 -26,000,000 231,000,000 -11,000,000 145,000,000 116,000,000 -52,000,000 -2,000,000 -171,000,000 50,000,000 -1,000,000 64,000,000 2,000,000 212,000,000 -69,000,000 341,000,000 39,000,000 22,000,000 62,000,000 463,000,000 390,000,000 31,000,000 59,000,000 -22,000,000 -110,000,000 
      other current assets
    		-189,000,000 48,000,000 -47,000,000 91,000,000 -15,000,000 -82,000,000 -32,000,000 0 141,000,000 51,000,000 -53,000,000 -178,000,000 -66,000,000 21,000,000 -91,000,000 64,000,000 -29,000,000 -13,000,000 -54,000,000 61,000,000 122,000,000 11,000,000 -148,000,000 125,000,000 -78,000,000 -9,000,000 14,000,000 -39,000,000 -75,000,000 9,000,000 70,000,000 -16,000,000 -54,000,000 -67,000,000 16,000,000 10,000,000 -23,000,000 -45,000,000 99,000,000  
      other current liabilities
    		23,000,000 -18,000,000 78,000,000 -19,000,000 71,000,000 -90,000,000 -60,000,000 -85,000,000 -302,000,000 -207,000,000 32,000,000 384,000,000 -31,000,000 -443,000,000 118,000,000 287,000,000 -586,000,000 616,000,000 -230,000,000 4,000,000 -152,000,000 593,000,000 41,000,000 291,000,000 -45,000,000 -125,000,000 -211,000,000 -53,000,000 -250,000,000 386,000,000 232,000,000 -382,000,000 -492,000,000 -270,000,000 253,000,000 -457,000,000 112,000,000 -184,000,000 308,000,000  
      net cash provided by/(used for) operating activities
    		1,157,000,000 1,209,000,000 720,000,000 1,388,000,000 1,083,000,000 942,000,000 771,000,000 1,356,000,000 1,036,000,000 1,098,000,000 486,000,000 952,000,000 729,000,000 302,000,000 486,000,000 2,916,000,000 419,000,000 1,219,000,000 810,000,000 1,603,000,000 1,110,000,000 2,004,000,000 212,000,000 1,562,000,000 665,000,000 1,021,000,000 304,000,000 670,000,000 -184,000,000 413,000,000 511,000,000 -875,000,000 1,042,000,000 -151,000,000 2,372,000,000 762,000,000 1,834,000,000 270,000,000   
      cash flows from investing activities:
    		                                        
      capital expenditures
    		-171,000,000 -187,000,000 -238,000,000 -247,000,000 -234,000,000 -249,000,000 -294,000,000 -234,000,000 -271,000,000 -242,000,000 -266,000,000 -284,000,000 -197,000,000 -221,000,000 -214,000,000 -250,000,000 -224,000,000 -204,000,000 -227,000,000 -199,000,000 -139,000,000 -127,000,000 -131,000,000 -187,000,000 -133,000,000 -199,000,000 -249,000,000 -156,000,000 -215,000,000 -223,000,000 -261,000,000 -266,000,000 -322,000,000 -368,000,000 -411,000,000 -322,000,000 -211,000,000 -303,000,000 -282,000,000 -203,000,000 
      free cash flows
    		                                        
      purchases of marketable securities
    		-325,000,000 -360,000,000 -673,000,000                                      
      proceeds from sale of marketable securities
    		309,000,000                                        
      proceeds from sale of business, net of cash disposed and working capital adjustments
    		0 0 9,000,000 3,000,000 2,000,000 6,000,000 -3,000,000     108,000,000 0 0 -20,000,000                          
      payments to acquire intangible assets
    		   0 0                                    
      other investing activities
    		-75,000,000 32,000,000 24,000,000 -5,000,000 15,000,000 38,000,000 10,000,000 25,000,000 8,000,000 31,000,000 2,000,000 -85,000,000 80,000,000 9,000,000 6,000,000 33,000,000 -25,000,000 12,000,000 11,000,000 14,000,000 14,000,000 12,000,000 9,000,000 -3,000,000 26,000,000 4,000,000 -14,000,000 20,000,000 5,000,000 6,000,000 34,000,000 3,000,000 6,000,000 38,000,000 33,000,000 89,000,000 -57,000,000 -22,000,000 -20,000,000  
      net cash provided by/(used for) investing activities
    		-262,000,000 -470,000,000 -878,000,000 -174,000,000 -217,000,000 -345,000,000 -287,000,000 -178,000,000 -263,000,000 -211,000,000 -264,000,000 -53,000,000 -117,000,000 -452,000,000 -469,000,000 1,294,000,000 -283,000,000 3,243,000,000 -216,000,000 -160,000,000 -125,000,000 -115,000,000 -122,000,000 400,000,000 1,129,000,000 -195,000,000 177,000,000 -94,000,000 575,000,000 4,000,000 432,000,000 1,370,000,000 -316,000,000 -330,000,000 -371,000,000 -226,000,000 -191,000,000 -325,000,000   
      cash flows from financing activities:
    		                                        
      repayments of long-term debt
    		-1,000,000   -11,000,000 -1,000,000 -605,000,000 -1,000,000 -25,000,000 -1,000,000 -821,000,000 -1,000,000 -308,000,000 -497,000,000 -651,000,000 -9,000,000 -2,057,000,000 -1,055,000,000 -2,076,000,000 -1,014,000,000 -302,000,000 -571,000,000 -3,417,000,000 -407,000,000 -1,523,000,000 -3,268,000,000 -3,000,000 -1,000,000 -2,702,000,000   -8,000,000 -604,000,000   -12,000,000 -62,000,000 -6,000,000 -6,000,000 -6,000,000  
      proceeds from issuance of long-term debt
    		0 0 1,620,000,000 0 1,000,000 0 593,000,000 0 0           0 0   0 2,949,000,000   0   0    0 -1,000,000   11,000,000  
      dividends paid
    		-473,000,000 -474,000,000 -477,000,000 -479,000,000 -483,000,000 -483,000,000 -486,000,000 -491,000,000 -492,000,000 -491,000,000 -491,000,000 -490,000,000 -490,000,000 -490,000,000 -490,000,000 -490,000,000 -490,000,000 -490,000,000 -489,000,000 -491,000,000 -490,000,000 -489,000,000 -488,000,000 -489,000,000 -488,000,000 -488,000,000 -488,000,000              
      repurchases of common stock
    		0 -210,000,000 -225,000,000 -450,000,000 -1,000,000 -208,000,000 -329,000,000                                  
      other financing activities
    		134,000,000 37,000,000 -18,000,000 -22,000,000 3,000,000 -30,000,000 -16,000,000 109,000,000 -136,000,000 -93,000,000 53,000,000 -132,000,000 -101,000,000 -80,000,000 14,000,000 -117,000,000 -89,000,000 -16,000,000 -37,000,000 -14,000,000 -11,000,000   -12,000,000 -6,000,000 0 -15,000,000 -32,000,000 -6,000,000 3,000,000 -4,000,000 7,000,000 44,000,000 -25,000,000 -72,000,000 13,000,000 -3,000,000 46,000,000 110,000,000  
      net cash provided by/(used for) financing activities
    		-340,000,000 -1,323,000,000 900,000,000 -962,000,000 -481,000,000 -1,326,000,000 -239,000,000 -862,000,000 -629,000,000 -748,000,000 -439,000,000 -903,000,000 -1,089,000,000 -1,237,000,000 -485,000,000 -3,011,000,000 -1,778,000,000 -2,912,000,000 -1,643,000,000 -822,000,000 -1,072,000,000 -4,542,000,000 3,105,000,000 -2,032,000,000 -904,000,000 -473,000,000 -504,000,000 -2,536,000,000 1,254,000,000 -376,000,000 -737,000,000 -478,000,000 -2,506,000,000 -505,000,000 -1,597,000,000 -835,000,000 -1,562,000,000 -627,000,000 -1,008,000,000  
      effect of exchange rate changes on cash, cash equivalents, and restricted cash
    		-16,000,000 33,000,000 35,000,000 -54,000,000 1,000,000 3,000,000 -21,000,000 34,000,000 -39,000,000 -18,000,000 4,000,000 47,000,000 -44,000,000 -74,000,000 2,000,000 -27,000,000 -26,000,000 31,000,000 -8,000,000 76,000,000 -5,000,000 62,000,000 -71,000,000 34,000,000 -32,000,000 3,000,000 -11,000,000 -48,000,000 -70,000,000 -10,000,000 14,000,000 14,000,000 16,000,000 13,000,000       
      cash, cash equivalents, and restricted cash
    		                                        
      net increase/
    		539,000,000 -551,000,000 777,000,000 198,000,000 386,000,000 -726,000,000 224,000,000 350,000,000 105,000,000 121,000,000 -213,000,000 43,000,000 -521,000,000 -1,461,000,000 -466,000,000 1,172,000,000 -1,668,000,000 1,581,000,000 -1,057,000,000 697,000,000 -92,000,000 -2,591,000,000 3,124,000,000 -36,000,000 858,000,000 356,000,000 -34,000,000 -2,008,000,000 1,575,000,000 31,000,000 220,000,000 31,000,000 -1,764,000,000 -973,000,000 284,000,000 -317,000,000 38,000,000 -638,000,000   
      balance at beginning of period
    		0 0 1,486,000,000 0 0 0 1,404,000,000 0 0 0 1,041,000,000 0 0 0 3,446,000,000 0 0 0 3,418,000,000 0 0 0 2,280,000,000 0 0 0 1,136,000,000 0 0 1,769,000,000 0 0 0 4,255,000,000 0 0 0 4,837,000,000 0  
      balance at end of period
    		539,000,000 -551,000,000 2,263,000,000 198,000,000 386,000,000 -726,000,000 1,628,000,000 350,000,000 105,000,000 121,000,000 828,000,000 43,000,000 -521,000,000 -1,461,000,000 2,980,000,000 1,172,000,000 -1,668,000,000 1,581,000,000 2,361,000,000 697,000,000 -92,000,000 -2,591,000,000 5,404,000,000 -36,000,000 858,000,000 356,000,000 1,102,000,000 -2,008,000,000 1,575,000,000 1,800,000,000 220,000,000 31,000,000 -1,764,000,000 3,282,000,000 284,000,000 -317,000,000 38,000,000 4,199,000,000 400,000,000  
      postemployment benefit plan asset transfers/
    		                                        
      loss/(gain) on extinguishment of debt
    		           -26,000,000                             
      payments to acquire business, net of cash acquired
    		           0 0 -240,000,000 -241,000,000         0 1,000,000 0 -200,000,000 -33,000,000 0 -215,000,000           
      settlement of net investment hedges
    		                                        
      debt prepayment and extinguishment benefit/
    		                                        
      proceeds from issuance of commercial paper
    		           0            180,000,000 0 0 377,000,000 960,000,000 1,000,000 1,524,000,000 548,000,000 1,282,000,000 1,889,000,000 2,324,000,000 2,384,000,000 2,357,000,000     
      repayments of commercial paper
    		           0            -180,000,000 0 0 -377,000,000 0 -944,000,000 -1,006,000,000 -540,000,000 -1,932,000,000 -1,709,000,000 -2,068,000,000 -2,383,000,000 -2,353,000,000     
      cash paid during the period for:
    		                                        
      interest
    		                                        
      income taxes, net of refunds
    		                                        
      amortization of postemployment benefit plans prior service costs/
    		    -2,000,000 -1,000,000 -3,000,000 -4,000,000 -3,000,000 -4,000,000 -3,000,000 -3,000,000 -4,000,000 -3,000,000 -4,000,000 -2,000,000 -2,000,000                        
      proceeds from sale of license
    		                                        
      debt prepayment and extinguishment (benefit)/costs
    		                                        
      proceeds from revolving credit facility
    		                   0 0 0 4,000,000,000                  
      repayments of revolving credit facility
    		                   0 0                    
      debt prepayment and extinguishment costs
    		            -1,000,000   -347,000,000 -144,000,000 -330,000,000 -103,000,000 -15,000,000 0   -8,000,000                 
      loss on extinguishment of debt
    		                                        
      proceeds from sale of business, net of cash disposed
    		               1,613,000,000 -34,000,000       0 1,235,000,000 0 640,000,000              
      amortization of postretirement benefit plans prior service costs/
    		                  -2,000,000 -30,000,000 -31,000,000 -30,000,000 -31,000,000 -77,000,000 -76,000,000 -76,000,000 -77,000,000 -78,000,000 -77,000,000 -106,000,000 -81,000,000 -76,000,000 -89,000,000 -82,000,000       
      cash receipts on sold receivables
    		                           75,000,000 785,000,000 436,000,000 653,000,000          
      proceeds from net investment hedges
    		                                  7,000,000 7,000,000   7,000,000 175,000,000 
      non-cash investing activities:
    		                                        
      beneficial interest obtained in exchange for securitized trade receivables
    		                           39,000,000 286,000,000 613,000,000           
      income taxes
    		                                        
      pension contributions
    		                           -3,000,000 -37,000,000 -5,000,000  -157,000,000 -6,000,000 -11,000,000 -12,000,000 -155,000,000 -8,000,000 -169,000,000 -239,000,000 -14,000,000 
      impairment losses
    		                           234,000,000             
      dividends paid-common stock
    		                           -762,000,000 -762,000,000 -897,000,000 -727,000,000 -727,000,000 -698,000,000 -736,000,000 -1,461,000,000 -789,000,000 -667,000,000 -667,000,000 -665,000,000  
      amortization of inventory step-up
    		                                        
      pension and postretirement benefit plan contributions
    		                                        
      impairment losses on indefinite-lived intangible assets
    		                                      0  
      write-off of debt issuance costs
    		                                      0  
      payments to acquire kraft foods group, inc., net of cash acquired
    		                                        
      debt issuance costs
    		                                        
      proceeds from issuance of common stock to sponsors
    		                                        
      dividends paid-series a preferred stock
    		                                  0 0     
      redemption of series a preferred stock
    		                                  0 0     
      sold receivables
    		                                68,000,000 -458,000,000 79,000,000 -62,000,000 659,000,000 -222,000,000   
      amortization of postretirement benefit plans prior service credits
    		                                  -116,000,000 -86,000,000 -81,000,000 -50,000,000 -81,000,000  
      deferred income tax provision
    		                                  -1,000,000 -31,000,000 -24,000,000 27,000,000 245,000,000  
      effect of exchange rate changes on cash and cash equivalents
    		                                  -120,000,000 -18,000,000 -43,000,000 44,000,000 -10,000,000 -64,000,000 
      cash and cash equivalents:
    		                                        
      proceeds from issuance of common stock
    		                                        
      acquisitions of businesses, net of cash on hand
    		                                        
      net cash from investing activities
    		                                      -303,000,000  
      net (payments)/proceeds on short-term debt
    		                                        
      proceeds from issuance of series a preferred stock
    		                                        
      proceeds from issuance of warrants
    		                                        
      net (loss)/income
    		                                        
      adjustments to reconcile net (loss)/income to operating cash flows:
    		                                        
      loss on discontinuation of interest rate cash flow hedge
    		                                        
      receivables
    		                                       287,000,000 
      net cash from operating activities
    		                                        
      proceeds from disposals of property, plant and equipment
    		                                       1,000,000 
      net repayments of short-term debt
    		                                        
      dividends paid-preferred stock
    		                                        
      net increase
    		                                        
      net income
    		                                        
      adjustments to reconcile net income to cash from operating activities:
    		                                        
      depreciation
    		                                        
      amortization
    		                                        
      amortization of deferred debt issuance costs
    		                                        
      deferred tax benefit
    		                                        
      impairment loss on indefinite-lived intangibles
    		                                        
      venezuela devaluation
    		                                        
      loss on discontinuation of cash flow hedge
    		                                        
      prepaid expenses and other current assets
    		                                        
      accrued liabilities
    		                                        
      cash from operating activities
    		                                        
      cash provided by/(used for) investing activities
    		                                        
      payments on long-term debt
    		                                        
      proceeds from long-term debt
    		                                        
      net payments on short-term debt
    		                                        
      preferred dividends
    		                                        
      cash from financing activities
    		                                        
      net (decrease)/increase in cash and cash equivalents
    		                                        
      cash and cash equivalents at beginning of period
    		                                        
      cash and cash equivalents at end of period
    		                                        
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.