The Kraft Heinz Company (KHC) 10-Q 4 May 17 2017 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Apr. 01, 2017	Apr. 29, 2017
Document and Entity Information [Abstract]
Document Type	10-Q
Document Period End Date	Apr. 1, 2017
Amendment Flag	false
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	Q1
Entity Registrant Name	Kraft Heinz Co
Entity Central Index Key	1,637,459
Current Fiscal Year End Date	--12-30
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		1,217,633,003

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Income Statement [Abstract]
Net sales	$ 6,364	$ 6,570
Cost of products sold	4,063	4,192
Gross profit	2,301	2,378
Selling, general and administrative expenses	750	865
Operating income	1,551	1,513
Interest expense	313	249
Other expense/(income), net	(12)	(8)
Income/(loss) before income taxes	1,250	1,272
Provision for/(benefit from) income taxes	359	372
Net income/(loss)	891	900
Net income/(loss) attributable to noncontrolling interest	(2)	4
Net income/(loss) attributable to common shareholders	$ 893	$ 896
Earnings Per Share [Abstract]
Basic earnings/(loss) per share (in dollars per share)	$ 0.73	$ 0.74
Diluted earnings/(loss) per share (in dollars per share)	0.73	0.73
Dividends declared (in dollars per share)	$ 0.60	$ 0.575

Condensed Consolidated Stateme3

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Statement of Comprehensive Income [Abstract]
Net income/(loss)	$ 891	$ 900
Other comprehensive income/(loss), net of tax:
Foreign currency translation adjustments	307	272
Net deferred gains/(losses) on net investment hedges	(51)	(60)
Net actuarial gains/(losses) arising during the period	(10)	0
Reclassification of net postemployment benefit losses/(gains)	(55)	(54)
Net deferred gains/(losses) on cash flow hedges	(34)	(18)
Net deferred losses/(gains) on cash flow hedges reclassified to net income	20	(22)
Total other comprehensive income/(loss)	177	118
Total comprehensive income/(loss)	1,068	1,018
Comprehensive income/(loss) attributable to noncontrolling interest	(4)	11
Comprehensive income/(loss) attributable to common shareholders	$ 1,072	$ 1,007

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016
ASSETS
Cash and cash equivalents	$ 3,242	$ 4,204
Trade receivables (net of allowances of $30 at April 1, 2017 and $20 at December 31, 2016)	886	769
Sold receivables	588	129
Inventories	3,151	2,684
Other current assets	1,008	967
Total current assets	8,875	8,753
Property, plant and equipment, net	6,693	6,688
Goodwill	44,300	44,125
Intangible assets, net	59,330	59,297
Other assets	1,604	1,617
TOTAL ASSETS	120,802	120,480
LIABILITIES AND EQUITY
Commercial paper and other short-term debt	909	645
Current portion of long-term debt	2,023	2,046
Trade payables	3,936	3,996
Accrued marketing	599	749
Accrued postemployment costs	157	157
Income taxes payable	424	255
Interest payable	346	415
Other current liabilities	989	1,238
Total current liabilities	9,383	9,501
Long-term debt	29,748	29,713
Deferred income taxes	20,910	20,848
Accrued postemployment costs	2,016	2,038
Other liabilities	801	806
TOTAL LIABILITIES	62,858	62,906
Commitments and Contingencies (Note 13)
Equity:
Common stock, $0.01 par value (5,000,000,000 shares authorized; 1,220,191,898 shares issued and 1,217,543,284 shares outstanding at April 1, 2017; 1,218,947,088 shares issued and 1,216,475,740 shares outstanding at December 31, 2016)	12	12
Additional paid-in capital	58,642	58,593
Retained earnings/(deficit)	750	588
Accumulated other comprehensive income/(losses)	(1,449)	(1,628)
Treasury stock, at cost	(223)	(207)
Total shareholders' equity	57,732	57,358
Noncontrolling interest	212	216
TOTAL EQUITY	57,944	57,574
TOTAL LIABILITIES AND EQUITY	$ 120,802	$ 120,480

Condensed Consolidated Balance5

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016
Statement of Financial Position [Abstract]
Trade receivables, allowances	$ 30	$ 20
Common stock, shares issued	1,220,191,898	1,218,947,088
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares outstanding	1,217,543,284	1,216,475,740

Condensed Consolidated Stateme6

Condensed Consolidated Statement of Equity - 3 months ended Apr. 01, 2017 - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Retained Earnings/(Deficit)	Accumulated Other Comprehensive Income/(Losses)	Treasury Stock	Noncontrolling Interest
Beginning balance at Dec. 31, 2016	$ 57,574	$ 12	$ 58,593	$ 588	$ (1,628)	$ (207)	$ 216
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income/(loss)	891			893			(2)
Other comprehensive income/(loss)	177				179		(2)
Dividends declared-common stock	(731)			(731)
Exercise of stock options, issuance of other stock awards, and other	(33)		(49)			16
Ending balance at Apr. 01, 2017	$ 57,944	$ 12	$ 58,642	$ 750	$ (1,449)	$ (223)	$ 212

Condensed Consolidated Stateme7

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income/(loss)	$ 891	$ 900
Adjustments to reconcile net income/(loss) to operating cash flows:
Depreciation and amortization	262	363
Amortization of postretirement benefit plans prior service costs/(credits)	(82)	(50)
Equity award compensation expense	11	13
Deferred income tax provision/(benefit)	105	27
Pension contributions	(11)	(169)
Other items, net	16	(111)
Changes in current assets and liabilities:
Trade receivables	(118)	(38)
Sold receivables	(458)	(222)
Inventories	(492)	(273)
Accounts payable	62	59
Other current assets	(67)	(45)
Other current liabilities	(270)	(184)
Net cash provided by/(used for) operating activities	(151)	270
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(368)	(303)
Other investing activities, net	38	10
Net cash provided by/(used for) investing activities	(330)	(293)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of commercial paper	2,324	0
Repayments of commercial paper	(2,068)	0
Dividends paid-common stock	(736)	(667)
Other financing activities, net	(25)	40
Net cash provided by/(used for) financing activities	(505)	(627)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	13	44
Cash, Cash Equivalents, and Restricted Cash [Abstract]
Net increase/(decrease)	(973)	(606)
Balance at beginning of period	4,255	4,912
Balance at end of period	$ 3,282	$ 4,306

Background and Basis of Present

Background and Basis of Presentation (Notes)	3 Months Ended
	Apr. 01, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Background and Basis of Presentation	Background and Basis of Presentation Basis of Presentation: Our interim condensed consolidated financial statements are unaudited. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted, in accordance with the rules of the Securities and Exchange Commission (the “SEC”). In management’s opinion, these interim financial statements include all adjustments (consisting only of normal recurring adjustments) and accruals necessary to present fairly our results for the periods presented. The condensed consolidated balance sheet data at December 31, 2016 was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. You should read these statements in conjunction with our audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended December 31, 2016. The results for interim periods are not necessarily indicative of future or annual results. Organization: On July 2, 2015, through a series of transactions, we consummated the merger of Kraft Foods Group, Inc. (“Kraft”) with and into a wholly-owned subsidiary of H.J. Heinz Holding Corporation (“Heinz”) (the “2015 Merger”). At the closing of the 2015 Merger, Heinz was renamed The Kraft Heinz Company (“Kraft Heinz”). Before the consummation of the 2015 Merger, Heinz was controlled by Berkshire Hathaway Inc. and 3G Global Food Holdings, L.P. (“3G Capital”), following their acquisition of H. J. Heinz Company (the “2013 Merger”) on June 7, 2013. Accounting Standards Adopted in the Current Period: In March 2016, the Financial Accounting Standards Board (the “FASB”) issued accounting standards update (“ASU”) 2016-09 related to equity-based award accounting and presentation. Under this guidance, excess tax benefits upon the exercise of share- based payment awards are recognized in our tax provision rather than within equity. Cash flows related to excess tax benefits are classified as operating activities rather than financing activities. Additionally, cash flows related to employee tax withholdings on restricted share vesting are classified as financing activities. This ASU was effective in the first quarter of 2017. We adopted the guidance related to excess tax benefits on a prospective basis. As a result, we recognized a tax benefit of $8 million in our condensed consolidated statement of income for the three months ended April 1, 2017 related to our excess tax benefits upon the exercise of share-based payment awards. We retrospectively adopted the guidance related to cash flow classification of employee tax withholdings on restricted share vesting. There was no related impact on our statement of cash flows for the three months ended April 3, 2016 . Our equity award compensation cost continues to reflect estimated forfeitures. In August 2016, the FASB issued ASU 2016-15 related to the classification of certain cash payments and cash receipts on the statement of cash flows. This ASU provided guidance on eight specific cash flow classification matters, which must be adopted in the same period using a retrospective transition method. We early adopted this ASU in the first quarter of 2017. Only one classification matter impacted us. Specifically, now we classify cash payments for debt prepayment and debt extinguishment costs as cash outflows from financing activities rather than cash outflows from operating activities. This guidance did not impact our condensed consolidated statements of cash flows for the three months ended April 1, 2017 or April 3, 2016 . In November 2016, the FASB issued ASU 2016-18 requiring the statement of cash flows to explain the change in restricted cash and restricted cash equivalents, in addition to cash and cash equivalents. We early adopted this ASU in the first quarter of 2017. Accordingly, we restated our cash and cash equivalents balances in the condensed consolidated statements of cash flows to include restricted cash of $51 million at December 31, 2016 , $108 million at April 3, 2016 , and $75 million at January 3, 2016 . Additionally, cash outflows from investing activities related to dividends paid on our Series A Preferred Stock were reduced to reflect $32 million which was moved to escrow and did not reflect a cash disbursement for the three months ended April 3, 2016. As required by the ASU, we have provided a reconciliation from cash and cash equivalents as presented on our condensed consolidated balance sheets to cash, cash equivalents, and restricted cash as reported on our condensed consolidated statements of cash flows. See Note 3, Restricted Cash , for this reconciliation, as well as a discussion of the nature of our restricted cash balances. Recently Issued Accounting Standards: In May 2014, the FASB issued ASU 2014-09, which superseded previously existing revenue recognition guidance. Under this ASU, companies will apply a principles-based five step model to recognize revenue upon the transfer of promised goods or services to customers and in an amount that reflects the consideration for which the company expects to be entitled in exchange for those goods or services. This ASU will be effective beginning in the first quarter of our fiscal year 2018. The ASU may be applied using a full retrospective method or a modified retrospective transition method, with a cumulative-effect adjustment as of the date of adoption. While we are still evaluating the impact this ASU will have on our financial statements and related disclosures, we have completed our preliminary scoping reviews and have made progress in our assessment phase. We have focused our reviews on the revenue streams in the U.S., Canada, and Europe as they are our most significant. At this time, we believe the potential impacts on our existing accounting policies may be associated with our consumer incentive and trade promotion programs. We will adopt the new standard on January 1, 2018. We are still evaluating our application method. Our ability to adopt using the full retrospective method is dependent on a number of factors, including system readiness, which may include software procured from third-party providers, and finalizing our assessment of information necessary to restate prior period financial statements. In February 2016, the FASB issued ASU 2016-02, which superseded previously existing leasing guidance. The ASU is intended to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing, and uncertainty of cash flows arising from a lease. The new guidance requires lessees to reflect most leases on their balance sheet as assets and obligations. This ASU will be effective beginning in the first quarter of our fiscal year 2019. Early adoption is permitted. The new guidance must be adopted using a modified retrospective transition, and provides for certain practical expedients. While we are still evaluating the impact this ASU will have on our financial statements and related disclosures, we have initiated our scoping reviews and have made progress in our assessment phase. Based on our initial reviews, we expect that the adoption will increase the assets and liabilities on our condensed consolidated balance sheets. We are still evaluating our adoption date. In October 2016, the FASB issued ASU 2016-16 related to the income tax accounting impacts of intra-entity transfers of assets other than inventory, such as intellectual property and property, plant and equipment. Under the new accounting guidance, current and deferred income taxes should be recognized upon transfer of the assets. Previously, recognition of current and deferred income taxes was prohibited until the asset was sold to an external third party. This ASU will be effective beginning in the first quarter of our fiscal year 2018. Early adoption is permitted but must be adopted in the first interim period of the annual period for which the ASU is adopted. The new guidance must be adopted on a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the adoption period. While we are still evaluating the impact that this ASU will have on our financial statements and related disclosures, we will adopt this ASU in the first quarter of 2018. In January 2017, the FASB issued ASU 2017-04 related to goodwill impairment testing. This ASU eliminates Step 2 from the goodwill impairment test. Under the new guidance, if a reporting unit’s carrying amount exceeds its fair value, the entity will record an impairment charge based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. Previously, if the fair value of a reporting unit was lower than its carrying amount (Step 1), an entity was required to calculate any impairment charge by comparing the implied fair value of goodwill with its carrying amount (Step 2). Additionally, under the new standard, entities that have reporting units with zero or negative carrying amounts will no longer be required to perform the qualitative assessment to determine whether to perform Step 2 of the goodwill impairment test. As a result, reporting units with zero or negative carrying amounts will generally be expected to pass the simplified impairment test; however, additional disclosure will be required of those entities. This ASU will be effective in the first quarter of our fiscal year 2020. Early adoption is permitted for annual and interim goodwill impairment testing dates after January 1, 2017. The new guidance must be adopted on a prospective basis. While we are still evaluating the timing of adoption, we currently do not expect this ASU to have a material impact on our financial statements and related disclosures. In March 2017, the FASB issued ASU 2017-07 related to the presentation of net periodic benefit cost (pension and postretirement cost). Under the new guidance, the service cost component of net periodic benefit cost must be presented in the same statement of income line item as other employee compensation costs arising from services rendered by employees during the period. Other components of net periodic benefit cost must be disaggregated from the service cost component in the statements of income and must be presented outside the operating income subtotal. Additionally, only the service cost component will be eligible for capitalization in assets. The new guidance must be applied retrospectively for the statement of income presentation of service cost components and other net periodic benefit cost components and prospectively for the capitalization of the service cost components. The ASU will become effective in the first quarter of our fiscal year 2018. Early adoption is permitted but must occur within the first interim period of the annual period adopted. We are currently evaluating the impact that this ASU will have on our financial statements and related disclosures.

Integration and Restructuring E

Integration and Restructuring Expenses (Notes)	3 Months Ended
	Apr. 01, 2017
Restructuring and Related Activities [Abstract]
Integration and Restructuring Expenses	Integration and Restructuring Expenses As part of our restructuring activities, we incur expenses that qualify as exit and disposal costs under U.S. GAAP. These include severance and employee benefit costs and other exit costs. Severance and employee benefit costs primarily relate to cash severance, non-cash severance, including accelerated equity award compensation expense, and pension and other termination benefits. Other exit costs primarily relate to lease and contract terminations. We also incur expenses that are an integral component of, and directly attributable to, our restructuring activities, which do not qualify as exit and disposal costs under U.S. GAAP. These include asset-related costs and other implementation costs. Asset-related costs primarily relate to accelerated depreciation and asset impairment charges. Other implementation costs primarily relate to start-up costs of new facilities, professional fees, asset relocation costs, and costs to exit facilities. Employee severance and other termination benefit packages are primarily determined based on established benefit arrangements, local statutory requirements, or historical benefit practices. We recognize the contractual component of these benefits when payment is probable and estimable; additional elements of severance and termination benefits associated with non-recurring benefits are recognized ratably over each employee’s required future service period. Charges for accelerated depreciation are recognized on long-lived assets that will be taken out of service before the end of their normal service, in which case depreciation estimates are revised to reflect the use of the asset over its shortened useful life. Asset impairments establish a new fair value basis for assets held for disposal or sale and those assets are written down to expected net realizable value if carrying value exceeds fair value. All other costs are recognized as incurred. Integration Program: Following the 2015 Merger, we announced a multi-year program (the “Integration Program”) designed to reduce costs, streamline and simplify our operating structure as well as optimize our production and supply chain network across our businesses in the United States and Canada segments. We expect to incur pre-tax costs of $2.0 billion related to the Integration Program, with approximately 60% reflected in cost of products sold within our United States and Canada segments. These pre-tax costs are comprised of the following categories: • Organization costs ( $400 million ) associated with our plans to streamline and simplify our operating structure, resulting in workforce reduction (primarily severance and employee benefit costs). • Footprint costs ( $1.2 billion ) associated with our plans to optimize our production and supply chain network, resulting in workforce reduction and facility closures and consolidations (primarily asset-related costs and severance and employee benefit costs). • Other costs ( $400 million ) incurred as a direct result of integration activities, including other exit costs (lease and contract terminations) and other implementation costs (professional services and other third-party fees). Overall, as part of the Integration Program, we expect to eliminate 5,150 positions, close net six factories, and consolidate our distribution network. At April 1, 2017 , the total Integration Program liability related primarily to the elimination of general salaried and factory positions across the United States and Canada, 3,800 of whom have left the company by April 1, 2017 . Related to the Integration Program, we incurred costs of $127 million for the three months ended April 1, 2017 and $241 million for the three months ended April 3, 2016 . As of April 1, 2017 , we have incurred approximately $1.8 billion of cumulative costs under the Integration Program, including $715 million of severance and employee benefit costs, $731 million of non-cash asset-related costs, $293 million of other implementation costs, and $104 million of other exit costs. We expect that approximately 60% of the Integration Program expenses will be cash expenditures. Our liability balance for Integration Program costs that qualify as U.S. GAAP exit and disposal costs (i.e., severance and employee benefit costs and other exit costs), was (in millions): Severance and Employee Benefit Costs Other Exit Costs (a) Total Balance at December 31, 2016 $ 99 $ 10 $ 109 Charges 34 9 43 Cash payments (22 ) (1 ) (23 ) Non-cash utilization (8 ) (2 ) (10 ) Balance at April 1, 2017 $ 103 $ 16 $ 119 (a) Other exit costs primarily represent contract and lease terminations. We expect that a substantial portion of the Integration Program liability as of April 1, 2017 will be paid in 2017. Restructuring Activities: In addition to our Integration Program in North America, we have a small number of other restructuring programs globally, which are focused primarily on workforce reduction and factory closure and consolidation. These programs resulted in expenses of of $21 million for the three months ended April 1, 2017 , including $10 million severance and employee benefit costs, $1 million non-cash asset-related costs, and $10 million other implementation costs. Such expenses for the three months ended April 3, 2016 were $19 million , including $10 million severance and employee benefit costs, $8 million other implementation costs, and $1 million other exit costs. Our liability balance for restructuring project costs that qualify as U.S. GAAP exit and disposal costs (i.e., severance and employee benefit costs and other exit costs), was (in millions): Severance and Employee Benefit Costs Other Exit Costs (a) Total Balance at December 31, 2016 $ 12 $ 25 $ 37 Charges 10 — 10 Cash payments (12 ) (1 ) (13 ) Non-cash utilization (4 ) — (4 ) Balance at April 1, 2017 $ 6 $ 24 $ 30 (a) Other exit costs primarily represent contract and lease terminations. We expect the liability for severance and employee benefit costs as of April 1, 2017 to be paid in 2017. The liability for other exit costs primarily relates to lease obligations associated with restructuring programs executed prior to the 2015 Merger. The cash impact of these obligations will continue for the duration of the lease terms, which expire between 2017 and 2026. Total Integration and Restructuring: Total expenses related to our Integration Program and restructuring activities recorded in cost of products sold and selling, general and administrative expenses (“SG&A”) for the years presented were (in millions): For the Three Months Ended April 1, April 3, Severance and employee benefit costs - COGS $ 19 $ 6 Severance and employee benefit costs - SG&A 25 32 Asset-related costs - COGS 75 142 Asset-related costs - SG&A 7 14 Other costs - COGS 9 33 Other costs - SG&A 13 33 $ 148 $ 260 We do not include Integration Program and restructuring expenses within Segment Adjusted EBITDA (as defined in Note 15, Segment Reporting ). The pre-tax impact of allocating such expenses to our segments would have been (in millions): For the Three Months Ended April 1, April 3, United States $ 108 $ 199 Canada 10 18 Europe 14 15 Rest of World — — General corporate expenses 16 28 $ 148 $ 260

Restricted Cash (Notes)

Restricted Cash (Notes)	3 Months Ended
	Apr. 01, 2017
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Restricted Cash	Restricted Cash The following table provides a reconciliation of cash and cash equivalents, as reported on our condensed consolidated balance sheets, to cash, cash equivalents, and restricted cash, as reported on our condensed consolidated statements of cash flows (in millions): April 1, December 31, 2016 Cash and cash equivalents $ 3,242 $ 4,204 Restricted cash included in other assets (current) 36 42 Restricted cash included in other assets (noncurrent) 4 9 Cash, cash equivalents, and restricted cash $ 3,282 $ 4,255 Our restricted cash primarily relates to withholding taxes on our common stock dividends to 3G Capital.

Inventories (Notes)

Inventories (Notes)	3 Months Ended
	Apr. 01, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories at April 1, 2017 and December 31, 2016 were (in millions): April 1, 2017 December 31, 2016 Packaging and ingredients $ 716 $ 542 Work in process 493 388 Finished product 1,942 1,754 Inventories $ 3,151 $ 2,684 The increase in inventories in the first quarter of 2017 is primarily due to seasonality, as well as lower net sales for the period.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Notes)	3 Months Ended
	Apr. 01, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill: Changes in the carrying amount of goodwill from December 31, 2016 to April 1, 2017 , by segment, were (in millions): United States Canada Europe Rest of World Total Balance at December 31, 2016 $ 33,696 $ 4,913 $ 2,778 $ 2,738 $ 44,125 Translation adjustments — 44 51 80 175 Balance at April 1, 2017 $ 33,696 $ 4,957 $ 2,829 $ 2,818 $ 44,300 We test goodwill for impairment at least annually in the second quarter or when a triggering event occurs. We performed our 2016 annual impairment testing in the second quarter of 2016. There was no impairment of goodwill as a result of our testing; however, we noted that one reporting unit within the Europe segment had an estimated fair value in excess of its carrying value of less than 10% . The goodwill carrying value of this reporting unit was $48 million as of April 4, 2016 (our 2016 annual impairment testing date). Our goodwill balance consists of 18 reporting units and had an aggregate carrying value of $44.3 billion as of April 1, 2017 . As a majority of our goodwill was recently recorded in connection with the 2013 Merger and the 2015 Merger, representing fair values as of those merger dates, there was not a significant excess of fair values over carrying values as of April 4, 2016 (our 2016 annual impairment testing date). We have a risk of future impairment to the extent that individual reporting unit performance does not meet our projections. Additionally, if our current assumptions and estimates, including projected revenues and income growth rates, terminal growth rates, competitive and consumer trends, market-based discount rates, and other market factors, are not met, or if valuation factors outside of our control change unfavorably, the estimated fair value of our goodwill could be adversely affected, leading to a potential impairment in the future. No events occurred during the period ended April 1, 2017 that indicated it was more likely than not that our goodwill was impaired. There were no accumulated impairment losses to goodwill as of April 1, 2017 . Indefinite-lived intangible assets: Indefinite-lived intangible assets, which primarily consisted of trademarks, were (in millions): Balance at December 31, 2016 $ 53,307 Translation adjustments 80 Balance at April 1, 2017 $ 53,387 We test indefinite-lived intangible assets for impairment at least annually in the second quarter or when a triggering event occurs. We performed our 2016 annual impairment testing in the second quarter of 2016. There was no impairment of indefinite-lived intangibles as a result of our testing; however, we noted that seven brands each had excess fair value over its carrying value of less than 10% . These brands had an aggregate carrying value of $6.1 billion at April 4, 2016 (our 2016 annual impairment testing date). Of the $6.1 billion aggregate carrying value, $5.6 billion was attributable to Velveeta , Lunchables , Maxwell House , and Cracker Barrel . Our indefinite-lived intangible assets primarily consist of a large number of individual brands and had an aggregate carrying value of $53.4 billion as of April 1, 2017 . As a majority of our indefinite-lived intangible assets were recently recorded in connection with the 2013 Merger and the 2015 Merger, representing fair values as of those merger dates, there was not a significant excess of fair values over carrying values as of April 4, 2016 (our 2016 annual impairment testing date). We have a risk of future impairment to the extent individual brand performance does not meet our projections. Additionally, if our current assumptions and estimates, including projected revenues and income growth rates, terminal growth rates, competitive and consumer trends, market-based discount rates, and other market factors, are not met, or if valuation factors outside of our control change unfavorably, the estimated fair values of our indefinite-lived intangible assets could be adversely affected, leading to potential impairments in the future. No events occurred during the period ended April 1, 2017 that indicated it was more likely than not that our indefinite-lived intangible assets were impaired. Definite-lived intangible assets: Definite-lived intangible assets at April 1, 2017 and December 31, 2016 were (in millions): April 1, 2017 December 31, 2016 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Trademarks $ 2,346 $ (199 ) $ 2,147 $ 2,337 $ (172 ) $ 2,165 Customer-related assets 4,199 (413 ) 3,786 4,184 (369 ) 3,815 Other 13 (3 ) 10 13 (3 ) 10 $ 6,558 $ (615 ) $ 5,943 $ 6,534 $ (544 ) $ 5,990 Amortization expense for definite-lived intangible assets was $67 million for the three months ended April 1, 2017 and $66 million for the three months ended April 3, 2016 . Aside from amortization expense, the changes in definite-lived intangible assets from December 31, 2016 to April 1, 2017 reflect the impact of foreign currency. We estimate that annual amortization expense for definite-lived intangible assets for each of the next five years will be approximately $270 million .

Income Taxes (Notes)

Income Taxes (Notes)	3 Months Ended
	Apr. 01, 2017
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes The provision for income taxes consists of provisions for federal, state and foreign income taxes. We operate in an international environment; accordingly, the consolidated effective tax rate is a composite rate reflecting the earnings in various locations and the applicable tax rates. Additionally, our quarterly income tax provision is determined based on our estimated full year effective tax rate, adjusted for tax attributable to infrequent or unusual items, which are recognized on a discrete period basis in the income tax provision for the period in which they occur. Our effective tax rate was 28.7% for the three months ended April 1, 2017 , compared to 29.2% for the three months ended April 3, 2016 . The decrease in our effective tax rate was driven by the favorable impact of net discrete items, primarily related to reversals of uncertain tax position reserves in foreign jurisdictions. The favorable impact of current year discrete items was partially offset by the unfavorable impact of a higher percentage of U.S. income reflected in our estimated full year effective tax rate for 2017 compared to 2016.

Employees' Stock Incentive Plan

Employees' Stock Incentive Plans (Notes)	3 Months Ended
	Apr. 01, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employees' Stock Incentive Plans	Employees’ Stock Incentive Plans Our annual equity award grants and vesting occurred in the first quarter of 2017. Other off-cycle equity grants may occur throughout the year. Stock Options: Our stock option activity and related information was: Number of Stock Options Weighted Average Exercise Price Outstanding at December 31, 2016 20,560,140 $ 37.39 Granted 1,170,685 91.40 Forfeited (126,206 ) 44.78 Exercised (1,126,852 ) 34.00 Outstanding at April 1, 2017 20,477,767 40.62 The aggregate intrinsic value of stock options exercised during the period was $65 million for the three months ended April 1, 2017 . Restricted Stock Units: Our restricted stock unit (“RSU”) activity and related information was: Number of Units Weighted Average Grant Date Fair Value (per share) Outstanding at December 31, 2016 806,744 $ 71.95 Granted 1,640,535 84.97 Forfeited (19,395 ) 76.65 Vested (117,958 ) 72.96 Outstanding at April 1, 2017 2,309,926 81.15 The aggregate fair value of RSUs that vested during the period was $11 million for the three months ended April 1, 2017 . Total Equity Awards: The compensation cost related to equity awards was primarily recognized in general corporate expenses within SG&A. Equity award compensation cost and the related tax benefit was (in millions): For the Three Months Ended April 1, April 3, Pre-tax compensation cost $ 11 $ 13 Tax benefit (3 ) (4 ) After-tax compensation cost $ 8 $ 9 Unrecognized compensation cost related to unvested equity awards was $220 million at April 1, 2017 and is expected to be recognized over a weighted average period of four years.

Postemployment Benefits (Notes)

Postemployment Benefits (Notes)	3 Months Ended
	Apr. 01, 2017
Compensation and Retirement Disclosure [Abstract]
Postemployment Benefits	Postemployment Benefits Pension Plans Components of Net Pension Cost/(Benefit): Net pension cost/(benefit) consisted of the following (in millions): For the Three Months Ended U.S. Plans Non-U.S. Plans April 1, April 3, April 1, April 3, Service cost $ 3 $ 3 $ 4 $ 6 Interest cost 45 53 16 21 Expected return on plan assets (65 ) (74 ) (43 ) (46 ) Settlements — (6 ) — — Special/contractual termination benefits 7 — 6 — Other 2 — (9 ) — Net pension cost/(benefit) $ (8 ) $ (24 ) $ (26 ) $ (19 ) We capitalized a portion of net pension costs/(benefits) into inventory based on our production activities. These amounts are included in the table above. Employer Contributions: In the first quarter of 2017, we contributed $11 million to our non-U.S. pension plans. We did no t contribute to our U.S. pension plans in the first quarter of 2017. Based on our contribution strategy, we plan to make further contributions of approximately $150 million to our U.S. plans and approximately $45 million to our non-U.S. plans during the remainder of 2017. However, our actual contributions and plans may change due to many factors, including timing of regulatory approval for the windup of our Canadian plans; changes in tax, employee benefit, or other laws; tax deductibility; significant differences between expected and actual pension asset performance or interest rates; or other factors. Postretirement Plans Components of Net Postretirement Cost/(Benefit): Net postretirement cost/(benefit) consisted of the following (in millions): For the Three Months Ended April 1, April 3, Service cost $ 2 $ 4 Interest cost 13 16 Amortization of prior service costs/(credits) (90 ) (82 ) Net postretirement cost/(benefit) $ (75 ) $ (62 ) We capitalized a portion of net postretirement costs/(benefits) into inventory based on our production activities. These amounts are included in the table above.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income/(Losses) (Notes)	3 Months Ended
	Apr. 01, 2017
Equity [Abstract]
Accumulated Other Comprehensive Income/(Losses)	Accumulated Other Comprehensive Income/(Losses) The components of, and changes in, accumulated other comprehensive income/(losses), net of tax, were as follows (in millions): Foreign Currency Translation Adjustments Net Postemployment Benefit Plan Adjustments Net Cash Flow Hedge Adjustments Total Balance as of December 31, 2016 $ (2,412 ) $ 772 $ 12 $ (1,628 ) Foreign currency translation adjustments 309 — — 309 Net deferred gains/(losses) on net investment hedges (51 ) — — (51 ) Net postemployment benefit gains/(losses) arising during the period — (10 ) — (10 ) Reclassification of net postemployment benefit losses/(gains) — (55 ) — (55 ) Net deferred gains/(losses) on cash flow hedges — — (34 ) (34 ) Net deferred losses/(gains) on cash flow hedges reclassified to net income — — 20 20 Total other comprehensive income/(loss) 258 (65 ) (14 ) 179 Balance as of April 1, 2017 $ (2,154 ) $ 707 $ (2 ) $ (1,449 ) Reclassification of net postemployment benefit losses/(gains) included amounts reclassified to net income and amounts reclassified into inventory (consistent with our capitalization policy). The gross amount and related tax benefit/(expense) recorded in, and associated with, each component of other comprehensive income/(loss) were as follows (in millions): For the Three Months Ended April 1, April 3, Before Tax Amount Tax Net of Tax Amount Before Tax Amount Tax Net of Tax Amount Foreign currency translation adjustments $ 309 $ — $ 309 $ 265 $ — $ 265 Net deferred gains/(losses) on net investment hedges (78 ) 27 (51 ) (84 ) 24 (60 ) Net actuarial gains/(losses) arising during the period (12 ) 2 (10 ) — — — Reclassification of net postemployment benefit losses/(gains) (90 ) 35 (55 ) (88 ) 34 (54 ) Net deferred gains/(losses) on cash flow hedges (39 ) 5 (34 ) (28 ) 10 (18 ) Net deferred losses/(gains) on cash flow hedges reclassified to net income 17 3 20 (26 ) 4 (22 ) The amounts reclassified from accumulated other comprehensive income/(losses) were as follows (in millions): Accumulated Other Comprehensive Income/(Losses) Component Reclassified from Accumulated Other Comprehensive Income/(Losses) Affected Line Item in the Statement Where Net Income/(Loss) is Presented For the Three Months Ended April 1, April 3, Losses/(gains) on cash flow hedges: Foreign exchange contracts $ — $ (1 ) Net sales Foreign exchange contracts 1 (29 ) Cost of products sold Foreign exchange contracts 15 3 Other expense/(income), net Interest rate contracts 1 1 Interest expense Losses/(gains) on cash flow hedges before income taxes 17 (26 ) Losses/(gains) on cash flow hedges income taxes 3 4 Losses/(gains) on cash flow hedges $ 20 $ (22 ) Losses/(gains) on postemployment benefits: Amortization of unrecognized losses/(gains) $ — $ — (a) Amortization of prior service costs/(credits) (90 ) (82 ) (a) Settlement and curtailments losses/(gains) — (6 ) (a) Losses/(gains) on postemployment benefits before income taxes (90 ) (88 ) Losses/(gains) on postemployment benefits income taxes 35 34 Losses/(gains) on postemployment benefits $ (55 ) $ (54 ) (a) These components are included in the computation of net periodic postemployment benefit costs. See Note 8, Postemployment Benefits , for additional information. In this note we have excluded activity and balances related to noncontrolling interest (which was primarily comprised of foreign currency translation adjustments) due to its insignificance.

Financial Instruments (Notes)

Financial Instruments (Notes)	3 Months Ended
	Apr. 01, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	Financial Instruments See our consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended December 31, 2016 for additional information on our overall risk management strategies, our use of derivatives, and our related accounting policies. Derivative Volume: The notional values of our derivative instruments at April 1, 2017 and December 31, 2016 were (in millions): Notional Amount April 1, 2017 December 31, 2016 Commodity contracts $ 641 $ 459 Foreign exchange contracts 3,048 2,997 Cross-currency contracts 3,173 3,173 Fair Value of Derivative Instruments: The fair values and the levels within the fair value hierarchy of derivative instruments recorded on the consolidated balance sheets at April 1, 2017 and December 31, 2016 were (in millions): April 1, 2017 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Fair Value Assets Liabilities Assets Liabilities Assets Liabilities Assets Liabilities Derivatives designated as hedging instruments: Foreign exchange contracts $ — $ — $ 35 $ 23 $ — $ — $ 35 $ 23 Cross-currency contracts — — 549 40 — — 549 40 Derivatives not designated as hedging instruments: Commodity contracts 16 39 2 3 — — 18 42 Foreign exchange contracts — — 37 1 — — 37 1 Cross-currency contracts — — 43 — — — 43 — Total fair value $ 16 $ 39 $ 666 $ 67 $ — $ — $ 682 $ 106 December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Fair Value Assets Liabilities Assets Liabilities Assets Liabilities Assets Liabilities Derivatives designated as hedging instruments: Foreign exchange contracts $ — $ — $ 69 $ 13 $ — $ — $ 69 $ 13 Cross-currency contracts — — 580 36 — — 580 36 Derivatives not designated as hedging instruments: Commodity contracts 28 7 — — — — 28 7 Foreign exchange contracts — — 35 30 — — 35 30 Cross-currency contracts — — 44 — — — 44 — Total fair value $ 28 $ 7 $ 728 $ 79 $ — $ — $ 756 $ 86 Our derivative financial instruments are subject to master netting arrangements that allow for the offset of assets and liabilities in the event of default or early termination of the contract. We elect to record the gross assets and liabilities of our derivative financial instruments on the consolidated balance sheets. If the derivative financial instruments had been netted on the consolidated balance sheets, the asset and liability positions each would have been reduced by $69 million at April 1, 2017 and $67 million at December 31, 2016 . No material amounts of collateral were received or posted on our derivative assets and liabilities at April 1, 2017 . Level 1 financial assets and liabilities consist of commodity future and options contracts and are valued using quoted prices in active markets for identical assets and liabilities. Level 2 financial assets and liabilities consist of commodity forwards, foreign exchange forwards, and cross-currency swaps. Commodity forwards are valued using an income approach based on the observable market commodity index prices less the contract rate multiplied by the notional amount. Foreign exchange forwards are valued using an income approach based on observable market forward rates less the contract rate multiplied by the notional amount. Cross-currency swaps are valued based on observable market spot and swap rates. Our calculation of the fair value of financial instruments takes into consideration the risk of nonperformance, including counterparty credit risk. There have been no transfers between Levels 1, 2, and 3 in any period presented. The fair values of our asset derivatives are recorded within other current assets and other assets. The fair values of our liability derivatives are recorded within other current liabilities and other liabilities. Net Investment Hedging: At April 1, 2017 , the principal amounts of foreign denominated debt designated as net investment hedges totaled €2,550 million and £400 million . At April 1, 2017 , our cross-currency swaps designated as net investment hedges consisted of: Instrument Notional (local) (in billions) Notional (USD) (in billions) Maturity Cross-currency swap £ 0.8 $ 1.4 October 2019 Cross-currency swap C$ 1.8 $ 1.6 December 2019 We also periodically enter into shorter-dated foreign currency contracts that are designated as net investment hedges. At April 1, 2017 , we had a Chinese renminbi foreign currency contract with an aggregate USD notional amount of $120 million . Hedge Coverage: At April 1, 2017 , we had entered into contracts designated as hedging instruments, which hedge transactions for the following durations: • foreign exchange contracts for periods not exceeding the next 14 months and • cross-currency contracts for periods not exceeding the next three years. At April 1, 2017 , we had entered into contracts not designated as hedging instruments, which hedge economic risks for the following durations: • commodity contracts for periods not exceeding the next 18 months, • foreign exchange contracts for periods not exceeding the next 11 months, and • cross-currency contracts for periods not exceeding the next two years. Hedge Ineffectiveness: We record pre-tax gains or losses reclassified from accumulated other comprehensive income/(losses) due to ineffectiveness for foreign exchange contracts related to forecasted transactions in other expense/(income), net. Deferred Hedging Gains and Losses: Based on our valuation at April 1, 2017 and assuming market rates remain constant through contract maturities, we expect transfers to net income/(loss) of unrealized gains for foreign currency cash flow hedges during the next 12 months to be insignificant. Additionally, we expect transfers to net income/(loss) of unrealized losses for interest rate cash flow hedges during the next 12 months to be insignificant. Derivative Impact on the Statements of Income and Statements of Comprehensive Income: The following tables present the pre-tax effect of derivative instruments on the consolidated statements of income and statements of comprehensive income: For the Three Months Ended April 1, April 3, Commodity Contracts Foreign Exchange Cross-Currency Contracts Interest Rate Contracts Commodity Contracts Foreign Exchange Cross-Currency Contracts Interest Rate (in millions) Derivatives designated as hedging instruments: Cash flow hedges: Gains/(losses) recognized in other comprehensive income (effective portion) $ — $ (39 ) $ — $ — $ — $ (27 ) $ — $ — Net investment hedges: Gains/(losses) recognized in other comprehensive income (effective portion) — (4 ) (30 ) — — — (65 ) — Total gains/(losses) recognized in other comprehensive income (effective portion) $ — $ (43 ) $ (30 ) $ — $ — $ (27 ) $ (65 ) $ — Cash flow hedges reclassified to net income/(loss): Net sales $ — $ — $ — $ — $ — $ 1 $ — $ — Cost of products sold (effective portion) — (1 ) — — — 29 — — Other expense/(income), net — (15 ) — — — (3 ) — — Interest expense — — — (1 ) — — — (1 ) — (16 ) — (1 ) — 27 — (1 ) Derivatives not designated as hedging instruments: Gains/(losses) on derivatives recognized in cost of products sold (37 ) — — — (18 ) — — — Gains/(losses) on derivatives recognized in other expense/(income), net — 2 (1 ) — — (75 ) (7 ) — (37 ) 2 (1 ) — (18 ) (75 ) (7 ) — Total gains/(losses) recognized in statements of income $ (37 ) $ (14 ) $ (1 ) $ (1 ) $ (18 ) $ (48 ) $ (7 ) $ (1 ) Related to our non-derivative, foreign denominated debt instruments designated as net investment hedges, we recognized pre-tax losses in other comprehensive income/(loss) of $44 million for the three months ended April 1, 2017 and $19 million for the three months ended April 3, 2016 .

Financing Arrangements (Notes)

Financing Arrangements (Notes)	3 Months Ended
	Apr. 01, 2017
Transfers and Servicing [Abstract]
Financing Arrangements	Financing Arrangements We account for transfers of receivables pursuant to our accounts receivable securitization and factoring programs (the “Programs”) as a sale and remove them from our condensed consolidated balance sheets. Under the Programs, we generally receive cash consideration up to a certain limit and a receivable for the remainder of the purchase price (“Deferred Purchase Price”). In March 2017, we amended our European receivables factoring program to reduce the cash consideration limit. As a result, our aggregate cash consideration limit related to our foreign denominated Programs, after applying applicable hold-backs, was $193 million U.S. dollars at April 1, 2017 , compared to $245 million at December 31, 2016 . Additionally, in February 2017, we elected to reduce the cash consideration limit related to our U.S. securitization program from $800 million to $500 million . There were no other changes to the Programs during the three months ended April 1, 2017 . The cash consideration and carrying amount of receivables removed from the condensed consolidated balance sheets in connection with the Programs were $616 million at April 1, 2017 and $904 million at December 31, 2016 . The fair value of the Deferred Purchase Price for the Programs was $588 million at April 1, 2017 and $129 million at December 31, 2016 . The Deferred Purchase Price is included in sold receivables on the condensed consolidated balance sheets and had a carrying value which approximated its fair value at April 1, 2017 and December 31, 2016 . See Note 14, Financing Arrangements , to our consolidated financial statements for the year ended December 31, 2016 in our Annual Report on Form 10-K for additional information on the Programs.

Venezuela - Foreign Currency an

Venezuela - Foreign Currency and Inflation (Notes)	3 Months Ended
	Apr. 01, 2017
Foreign Currency [Abstract]
Venezuela - Foreign Currency and Inflation	Venezuela - Foreign Currency and Inflation We apply highly inflationary accounting to the results of our Venezuelan subsidiary and include these results in our consolidated financial statements. Our results of operations in Venezuela reflect a controlled subsidiary. We continue to have sufficient currency liquidity and pricing flexibility to run our operations. However, the continuing economic uncertainty, strict labor laws, and evolving government controls over imports, prices, currency exchange, and payments present a challenging operating environment. Increased restrictions imposed by the Venezuelan government or further deterioration of the economic environment could impact our ability to control our Venezuelan operations and could lead us to deconsolidate our Venezuelan subsidiary in the future. At April 1, 2017 , there were two exchange rates legally available to us for converting Venezuelan bolivars to U.S. dollars, including: • the official exchange rate of BsF 10 per U.S. dollar available through the Sistema de Divisa Protegida (“DIPRO”), which is available for purchases and sales of essential items, including food products, and • an alternative exchange rate available through the Sistema de Divisa Complementaria (“DICOM”), which is available for all transactions not covered by DIPRO and is a free-floating exchange rate format. The DICOM rate (formerly the Marginal Currency System “SIMADI”) averaged BsF 694 per U.S. dollar during the first quarter of 2017 and was BsF 710 per U.S. dollar at April 1, 2017 . We have had access to U.S. dollars at DICOM rates in 2017. As of April 1, 2017 , we believe that the DICOM rate is the most appropriate legally available rate at which to translate the results of our Venezuelan subsidiary. We have had no settlements at the official exchange rate of BsF 10 per U.S. dollar in 2017. At April 1, 2017 , we had outstanding requests of $26 million for payment of invoices for the purchase of ingredients and packaging materials for the years 2012 through 2015, all of which were requested for payment at BsF 6.30 per U.S. dollar (the official exchange rate until March 10, 2016). During the three months ended April 1, 2017 , we remeasured the monetary assets and liabilities, as well as the operating results, of our Venezuelan subsidiary at floating DICOM rates. This remeasurement resulted in a nonmonetary currency devaluation loss of $8 million for the three months ended April 1, 2017 , which was recorded in other expense/(income), net, in the condensed consolidated statement of income for the period then ended. We continue to monitor the DICOM rate, and the nonmonetary assets supported by the underlying operations in Venezuela, for impairment. The currency has ranged between BsF 674 and BsF 710 per U.S. dollar from December 31, 2016 to April 1, 2017 . No triggers for impairment resulted from this movement.

Commitments, Contingencies and

Commitments, Contingencies and Debt (Notes)	3 Months Ended
	Apr. 01, 2017
Commitments and Contingencies Disclosure [Abstract]
Commitments, Contingencies and Debt	Commitments, Contingencies and Debt Legal Proceedings We are routinely involved in legal proceedings, claims, and governmental inquiries, inspections or investigations (“Legal Matters”) arising in the ordinary course of our business. On April 1, 2015, the Commodity Futures Trading Commission (“CFTC”) filed a formal complaint against Mondelēz International (formerly known as Kraft Foods Inc.) and Kraft in the U.S. District Court for the Northern District of Illinois, Eastern Division, related to activities involving the trading of December 2011 wheat futures contracts. The complaint alleges that Mondelēz International and Kraft (1) manipulated or attempted to manipulate the wheat markets during the fall of 2011, (2) violated position limit levels for wheat futures, and (3) engaged in non-competitive trades by trading both sides of exchange-for-physical Chicago Board of Trade wheat contracts. As previously disclosed by Kraft, these activities arose prior to the October 1, 2012 spin-off of Kraft by Mondelēz International to its shareholders and involve the business now owned and operated by Mondelēz International or its affiliates. The Separation and Distribution Agreement between Kraft and Mondelēz International, dated as of September 27, 2012, governs the allocation of liabilities between Mondelēz International and Kraft and, accordingly, Mondelēz International will predominantly bear the costs of this matter and any monetary penalties or other payments that the CFTC may impose. We do not expect this matter to have a material adverse effect on our financial condition, results of operations, or business. While we cannot predict with certainty the results of Legal Matters in which we are currently involved or may in the future be involved, we do not expect that the ultimate costs to resolve any of the Legal Matters that are currently pending will have a material adverse effect on our financial condition or results of operations. Debt Borrowing Arrangements: We had commercial paper outstanding of $900 million at April 1, 2017 and $642 million at December 31, 2016 . See Note 11, Debt , to our consolidated financial statements for the year ended December 31, 2016 in our Annual Report on Form 10-K for additional information on our borrowing arrangements. Fair Value of Debt: At April 1, 2017 , the aggregate fair value of our total debt was $33.4 billion as compared with a carrying value of $32.7 billion . At December 31, 2016 , the aggregate fair value of our total debt was $33.2 billion as compared with a carrying value of $32.4 billion . We determined the fair value of our short-term debt using Level 1 quoted prices in active markets. We determined the fair value of our long-term debt using Level 2 inputs. Fair values are generally estimated based on quoted market prices for identical or similar instruments. Series A Preferred Stock: On June 7, 2016, we redeemed all outstanding shares of our 9.00% cumulative compounding preferred stock, Series A (“Series A Preferred Stock”). We funded this redemption primarily through the issuance of long-term debt, as well as other sources of liquidity, including our commercial paper program, U.S. securitization program, and cash on hand. In connection with the redemption, all Series A Preferred Stock was canceled and automatically retired, and we no longer pay any associated dividends.

Earnings Per Share (Notes)

Earnings Per Share (Notes)	3 Months Ended
	Apr. 01, 2017
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Our earnings per common share (“EPS”) were: For the Three Months Ended April 1, April 3, (in millions, except per share amounts) Basic Earnings Per Common Share: Net income/(loss) attributable to common shareholders $ 893 $ 896 Weighted average shares of common stock outstanding 1,217 1,215 Net earnings/(loss) $ 0.73 $ 0.74 Diluted Earnings Per Common Share: Net income/(loss) attributable to common shareholders $ 893 $ 896 Weighted average shares of common stock outstanding 1,217 1,215 Effect of dilutive securities: Equity awards 12 10 Weighted average shares of common stock outstanding, including dilutive effect 1,229 1,225 Net earnings/(loss) $ 0.73 $ 0.73 We use the treasury stock method to calculate the dilutive effect of outstanding equity awards in the denominator for diluted earnings per common share. Anti-dilutive shares were 1 million for the three months ended April 1, 2017 and 3 million for the three months ended April 3, 2016 .

Segment Reporting (Notes)

Segment Reporting (Notes)	3 Months Ended
	Apr. 01, 2017
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting We manufacture and market food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee, and other grocery products, throughout the world. We manage and report our operating results through four segments. We have three reportable segments defined by geographic region: United States, Canada, and Europe. Our remaining businesses are combined and disclosed as “Rest of World”. Rest of World is comprised of two operating segments: Latin America; and Asia Pacific, Middle East, and Africa (“AMEA”). In the fourth quarter of 2016, we reorganized our segments to reflect the following: • our Russia business moved from the Rest of World segment to the Europe segment and • management of our Global Procurement Office moved from one of our European subsidiaries to our global headquarters, which resulted in moving the related costs from the Europe segment to general corporate expenses. These changes are reflected in all historical periods presented and did not have a material impact on our financial statements. See Note 18, Segment Reporting , to our consolidated financial statements for the year ended December 31, 2016 in our Annual Report on Form 10-K for additional information related to these changes. Management evaluates segment performance based on several factors including net sales and segment adjusted earnings before interest, tax, depreciation, and amortization (“Segment Adjusted EBITDA”). Management uses Segment Adjusted EBITDA to evaluate segment performance and allocate resources. Segment Adjusted EBITDA is a tool that can assist management and investors in comparing our performance on a consistent basis by removing the impact of certain items that management believes do not directly reflect our underlying operations. These items include depreciation and amortization (including amortization of postretirement benefit plans prior service credits), equity award compensation expense, integration and restructuring expenses, merger costs, unrealized gains/(losses) on commodity hedges (the unrealized gains and losses are recorded in general corporate expenses until realized; once realized, the gains and losses are recorded in the applicable segment’s operating results), impairment losses, gains/(losses) on the sale of a business, and nonmonetary currency devaluation (e.g., remeasurement gains and losses). Management does not use assets by segment to evaluate performance or allocate resources. Therefore, we do not disclose assets by segment. Net sales by segment were (in millions): For the Three Months Ended April 1, April 3, Net sales: United States $ 4,552 $ 4,715 Canada 443 504 Europe 543 583 Rest of World 826 768 Total net sales $ 6,364 $ 6,570 Segment Adjusted EBITDA was (in millions): For the Three Months Ended April 1, April 3, Segment Adjusted EBITDA: United States $ 1,472 $ 1,493 Canada 126 151 Europe 170 180 Rest of World 146 166 General corporate expenses (29 ) (39 ) Depreciation and amortization (excluding integration and restructuring expenses) (132 ) (161 ) Integration and restructuring expenses (148 ) (260 ) Merger costs — (15 ) Unrealized gains/(losses) on commodity hedges (42 ) 8 Nonmonetary currency devaluation — (1 ) Equity award compensation expense (excluding integration and restructuring expenses) (12 ) (9 ) Operating income 1,551 1,513 Interest expense 313 249 Other expense/(income), net (12 ) (8 ) Income/(loss) before income taxes $ 1,250 $ 1,272 In the first quarter of 2017, we reorganized the products within our product categories to reflect how we manage our business. We have reflected this change for all historical periods presented. Our net sales by product category were (in millions): For the Three Months Ended April 1, April 3, Condiments and sauces $ 1,513 $ 1,564 Cheese and dairy 1,299 1,366 Ambient meals 583 590 Frozen and chilled meals 653 627 Meats and seafood 660 696 Refreshment beverages 372 408 Coffee 350 383 Infant and nutrition 188 190 Desserts, toppings and baking 196 210 Nuts and salted snacks 232 260 Other 318 276 Total net sales $ 6,364 $ 6,570

Supplemental Financial Informat

Supplemental Financial Information (Notes)	3 Months Ended
	Apr. 01, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplemental Financial Information	Supplemental Financial Information We fully and unconditionally guarantee the notes issued by our wholly owned operating subsidiary, Kraft Heinz Foods Company. See Note 11, Debt, to our consolidated financial statements for the year ended December 31, 2016 in our Annual Report on Form 10-K for additional descriptions of these guarantees. None of our other subsidiaries guarantee these notes. Set forth below are the condensed consolidating financial statements presenting the results of operations, financial position and cash flows of Kraft Heinz (as parent guarantor), Kraft Heinz Foods Company (as subsidiary issuer of the notes), and the non-guarantor subsidiaries on a combined basis and eliminations necessary to arrive at the total reported information on a consolidated basis. This condensed consolidating financial information has been prepared and presented pursuant to the SEC Regulation S-X Rule 3-10, “Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or being Registered.” This information is not intended to present the financial position, results of operations, and cash flows of the individual companies or groups of companies in accordance with U.S. GAAP. Eliminations represent adjustments to eliminate investments in subsidiaries and intercompany balances and transactions between or among the parent guarantor, subsidiary issuer, and the non-guarantor subsidiaries. The Kraft Heinz Company Condensed Consolidating Statements of Income For the Three Months Ended April 1, 2017 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,360 $ 2,166 $ (162 ) $ 6,364 Cost of products sold — 2,714 1,511 (162 ) 4,063 Gross profit — 1,646 655 — 2,301 Selling, general and administrative expenses — 184 566 — 750 Intercompany service fees and other recharges — 1,108 (1,108 ) — — Operating income — 354 1,197 — 1,551 Interest expense — 303 10 — 313 Other expense/(income), net — 17 (29 ) — (12 ) Income/(loss) before income taxes — 34 1,216 — 1,250 Provision for/(benefit from) income taxes — (12 ) 371 — 359 Equity in earnings of subsidiaries 893 847 — (1,740 ) — Net income/(loss) 893 893 845 (1,740 ) 891 Net income/(loss) attributable to noncontrolling interest — — (2 ) — (2 ) Net income/(loss) excluding noncontrolling interest $ 893 $ 893 $ 847 $ (1,740 ) $ 893 Comprehensive income/(loss) excluding noncontrolling interest $ 1,072 $ 1,072 $ 1,842 $ (2,914 ) $ 1,072 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Three Months Ended April 3, 2016 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,471 $ 2,241 $ (142 ) $ 6,570 Cost of products sold — 2,832 1,502 (142 ) 4,192 Gross profit — 1,639 739 — 2,378 Selling, general and administrative expenses — 277 588 — 865 Intercompany service fees and other recharges — 1,214 (1,214 ) — — Operating income — 148 1,365 — 1,513 Interest expense — 235 14 — 249 Other expense/(income), net — 31 (39 ) — (8 ) Income/(loss) before income taxes — (118 ) 1,390 — 1,272 Provision for/(benefit from) income taxes — (58 ) 430 — 372 Equity in earnings of subsidiaries 896 956 — (1,852 ) — Net income/(loss) 896 896 960 (1,852 ) 900 Net income/(loss) attributable to noncontrolling interest — — 4 — 4 Net income/(loss) excluding noncontrolling interest $ 896 $ 896 $ 956 $ (1,852 ) $ 896 Comprehensive income/(loss) excluding noncontrolling interest $ 1,007 $ 1,007 $ 1,149 $ (2,156 ) $ 1,007 The Kraft Heinz Company Condensed Consolidating Balance Sheets As of April 1, 2017 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ 1,929 $ 1,313 $ — $ 3,242 Trade receivables — 30 856 — 886 Receivables due from affiliates — 808 220 (1,028 ) — Dividends due from affiliates 32 — — (32 ) — Sold receivables — — 588 — 588 Inventories — 2,074 1,077 — 3,151 Short-term lending due from affiliates — 1,792 3,062 (4,854 ) — Other current assets — 2,366 227 (1,585 ) 1,008 Total current assets 32 8,999 7,343 (7,499 ) 8,875 Property, plant and equipment, net — 4,424 2,269 — 6,693 Goodwill — 11,067 33,233 — 44,300 Investments in subsidiaries 57,732 71,474 — (129,206 ) — Intangible assets, net — 3,329 56,001 — 59,330 Long-term lending due from affiliates — 1,700 2,000 (3,700 ) — Other assets — 602 1,002 — 1,604 TOTAL ASSETS $ 57,764 $ 101,595 $ 101,848 $ (140,405 ) $ 120,802 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ — $ 900 $ 9 $ — $ 909 Current portion of long-term debt — 2,012 11 — 2,023 Short-term lending due to affiliates — 3,062 1,792 (4,854 ) — Trade payables — 2,366 1,570 — 3,936 Payables due to affiliates — 220 808 (1,028 ) — Accrued marketing — 165 434 — 599 Accrued postemployment costs — 144 13 — 157 Income taxes payable — — 2,009 (1,585 ) 424 Interest payable — 340 6 — 346 Dividends due to affiliates — 32 — (32 ) — Other current liabilities 32 378 579 — 989 Total current liabilities 32 9,619 7,231 (7,499 ) 9,383 Long-term debt — 28,762 986 — 29,748 Long-term borrowings due to affiliates — 2,000 1,917 (3,917 ) — Deferred income taxes — 1,367 19,543 — 20,910 Accrued postemployment costs — 1,728 288 — 2,016 Other liabilities — 387 414 — 801 TOTAL LIABILITIES 32 43,863 30,379 (11,416 ) 62,858 Total shareholders’ equity 57,732 57,732 71,257 (128,989 ) 57,732 Noncontrolling interest — — 212 — 212 TOTAL EQUITY 57,732 57,732 71,469 (128,989 ) 57,944 TOTAL LIABILITIES AND EQUITY $ 57,764 $ 101,595 $ 101,848 $ (140,405 ) $ 120,802 The Kraft Heinz Company Condensed Consolidating Balance Sheets As of December 31, 2016 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ 2,830 $ 1,374 $ — $ 4,204 Trade receivables — 12 757 — 769 Receivables due from affiliates — 712 111 (823 ) — Dividends due from affiliates 39 — — (39 ) — Sold receivables — — 129 — 129 Inventories — 1,759 925 — 2,684 Short-term lending due from affiliates — 1,722 2,956 (4,678 ) — Other current assets — 2,229 447 (1,709 ) 967 Total current assets 39 9,264 6,699 (7,249 ) 8,753 Property, plant and equipment, net — 4,447 2,241 — 6,688 Goodwill — 11,067 33,058 — 44,125 Investments in subsidiaries 57,358 70,877 — (128,235 ) — Intangible assets, net — 3,364 55,933 — 59,297 Long-term lending due from affiliates — 1,700 2,000 (3,700 ) — Other assets — 501 1,116 — 1,617 TOTAL ASSETS $ 57,397 $ 101,220 $ 101,047 $ (139,184 ) $ 120,480 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ — $ 642 $ 3 $ — $ 645 Current portion of long-term debt — 2,032 14 — 2,046 Short-term lending due to affiliates — 2,956 1,722 (4,678 ) — Trade payables — 2,376 1,620 — 3,996 Payables due to affiliates — 111 712 (823 ) — Accrued marketing — 277 472 — 749 Accrued postemployment costs — 144 13 — 157 Income taxes payable — — 1,964 (1,709 ) 255 Interest payable — 401 14 — 415 Dividends due to affiliates — 39 — (39 ) — Other current liabilities 39 588 611 — 1,238 Total current liabilities 39 9,566 7,145 (7,249 ) 9,501 Long-term debt — 28,736 977 — 29,713 Long-term borrowings due to affiliates — 2,000 1,902 (3,902 ) — Deferred income taxes — 1,382 19,466 — 20,848 Accrued postemployment costs — 1,754 284 — 2,038 Other liabilities — 424 382 — 806 TOTAL LIABILITIES 39 43,862 30,156 (11,151 ) 62,906 Total shareholders’ equity 57,358 57,358 70,675 (128,033 ) 57,358 Noncontrolling interest — — 216 — 216 TOTAL EQUITY 57,358 57,358 70,891 (128,033 ) 57,574 TOTAL LIABILITIES AND EQUITY $ 57,397 $ 101,220 $ 101,047 $ (139,184 ) $ 120,480 The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Three Months Ended April 1, 2017 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES Net cash provided by/(used for) operating activities $ 736 $ (304 ) $ 153 $ (736 ) $ (151 ) CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures — (203 ) (165 ) — (368 ) Net proceeds from/(payments on) intercompany lending activities — (4 ) (67 ) 71 — Return of capital 7 — — (7 ) — Other investing activities, net — 44 (6 ) — 38 Net cash provided by/(used for) investing activities 7 (163 ) (238 ) 64 (330 ) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issuance of commercial paper — 2,324 — — 2,324 Repayments of commercial paper — (2,068 ) — — (2,068 ) Net proceeds from/(payments on) intercompany borrowing activities — 67 4 (71 ) — Dividends paid-common stock (736 ) (736 ) — 736 (736 ) Other intercompany capital stock transactions — (7 ) — 7 — Other financing activities, net (7 ) (21 ) 3 — (25 ) Net cash provided by/(used for) financing activities (743 ) (441 ) 7 672 (505 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — — 13 — 13 Cash, cash equivalents, and restricted cash: Net increase/(decrease) — (908 ) (65 ) — (973 ) Balance at beginning of period — 2,869 1,386 — 4,255 Balance at end of period $ — $ 1,961 $ 1,321 $ — $ 3,282 The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Three Months Ended April 3, 2016 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES Net cash provided by/(used for) operating activities $ — $ 166 $ 104 $ — $ 270 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures — (242 ) (61 ) — (303 ) Net proceeds from/(payments on) intercompany lending activities — 423 314 (737 ) — Return of capital 667 — — (667 ) — Other investing activities, net — 13 (3 ) — 10 Net cash provided by/(used for) investing activities 667 194 250 (1,404 ) (293 ) CASH FLOWS FROM FINANCING ACTIVITIES Net proceeds from/(payments on) intercompany borrowing activities — (314 ) (423 ) 737 — Dividends paid-common stock (667 ) (667 ) — 667 (667 ) Other financing activities, net — 25 15 — 40 Net cash provided by/(used for) financing activities (667 ) (956 ) (408 ) 1,404 (627 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — — 44 — 44 Cash, cash equivalents, and restricted cash: Net increase/(decrease) — (596 ) (10 ) — (606 ) Balance at beginning of period — 3,253 1,659 — 4,912 Balance at end of period $ — $ 2,657 $ 1,649 $ — $ 4,306 The following tables provide a reconciliation of cash and cash equivalents, as reported on our unaudited condensed consolidating balance sheets, to cash, cash equivalents, and restricted cash, as reported on our unaudited condensed consolidating statements of cash flows (in millions): April 1, 2017 Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Cash and cash equivalents $ — $ 1,929 $ 1,313 $ — $ 3,242 Restricted cash included in other assets (current) — 32 4 — 36 Restricted cash included in other assets (noncurrent) — — 4 — 4 Cash, cash equivalents, and restricted cash $ — $ 1,961 $ 1,321 $ — $ 3,282 December 31, 2016 Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Cash and cash equivalents $ — $ 2,830 $ 1,374 $ — $ 4,204 Restricted cash included in other assets (current) — 39 3 — 42 Restricted cash included in other assets (noncurrent) — — 9 — 9 Cash, cash equivalents, and restricted cash $ — $ 2,869 $ 1,386 $ — $ 4,255

Background and Basis of Prese24

Background and Basis of Presentation (Policies)	3 Months Ended
	Apr. 01, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation: Our interim condensed consolidated financial statements are unaudited. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) have been omitted, in accordance with the rules of the Securities and Exchange Commission (the “SEC”). In management’s opinion, these interim financial statements include all adjustments (consisting only of normal recurring adjustments) and accruals necessary to present fairly our results for the periods presented. The condensed consolidated balance sheet data at December 31, 2016 was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. You should read these statements in conjunction with our audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended December 31, 2016. The results for interim periods are not necessarily indicative of future or annual results.
New Accounting Pronouncements	Accounting Standards Adopted in the Current Period: In March 2016, the Financial Accounting Standards Board (the “FASB”) issued accounting standards update (“ASU”) 2016-09 related to equity-based award accounting and presentation. Under this guidance, excess tax benefits upon the exercise of share- based payment awards are recognized in our tax provision rather than within equity. Cash flows related to excess tax benefits are classified as operating activities rather than financing activities. Additionally, cash flows related to employee tax withholdings on restricted share vesting are classified as financing activities. This ASU was effective in the first quarter of 2017. We adopted the guidance related to excess tax benefits on a prospective basis. As a result, we recognized a tax benefit of $8 million in our condensed consolidated statement of income for the three months ended April 1, 2017 related to our excess tax benefits upon the exercise of share-based payment awards. We retrospectively adopted the guidance related to cash flow classification of employee tax withholdings on restricted share vesting. There was no related impact on our statement of cash flows for the three months ended April 3, 2016 . Our equity award compensation cost continues to reflect estimated forfeitures. In August 2016, the FASB issued ASU 2016-15 related to the classification of certain cash payments and cash receipts on the statement of cash flows. This ASU provided guidance on eight specific cash flow classification matters, which must be adopted in the same period using a retrospective transition method. We early adopted this ASU in the first quarter of 2017. Only one classification matter impacted us. Specifically, now we classify cash payments for debt prepayment and debt extinguishment costs as cash outflows from financing activities rather than cash outflows from operating activities. This guidance did not impact our condensed consolidated statements of cash flows for the three months ended April 1, 2017 or April 3, 2016 . In November 2016, the FASB issued ASU 2016-18 requiring the statement of cash flows to explain the change in restricted cash and restricted cash equivalents, in addition to cash and cash equivalents. We early adopted this ASU in the first quarter of 2017. Accordingly, we restated our cash and cash equivalents balances in the condensed consolidated statements of cash flows to include restricted cash of $51 million at December 31, 2016 , $108 million at April 3, 2016 , and $75 million at January 3, 2016 . Additionally, cash outflows from investing activities related to dividends paid on our Series A Preferred Stock were reduced to reflect $32 million which was moved to escrow and did not reflect a cash disbursement for the three months ended April 3, 2016. As required by the ASU, we have provided a reconciliation from cash and cash equivalents as presented on our condensed consolidated balance sheets to cash, cash equivalents, and restricted cash as reported on our condensed consolidated statements of cash flows. See Note 3, Restricted Cash , for this reconciliation, as well as a discussion of the nature of our restricted cash balances. Recently Issued Accounting Standards: In May 2014, the FASB issued ASU 2014-09, which superseded previously existing revenue recognition guidance. Under this ASU, companies will apply a principles-based five step model to recognize revenue upon the transfer of promised goods or services to customers and in an amount that reflects the consideration for which the company expects to be entitled in exchange for those goods or services. This ASU will be effective beginning in the first quarter of our fiscal year 2018. The ASU may be applied using a full retrospective method or a modified retrospective transition method, with a cumulative-effect adjustment as of the date of adoption. While we are still evaluating the impact this ASU will have on our financial statements and related disclosures, we have completed our preliminary scoping reviews and have made progress in our assessment phase. We have focused our reviews on the revenue streams in the U.S., Canada, and Europe as they are our most significant. At this time, we believe the potential impacts on our existing accounting policies may be associated with our consumer incentive and trade promotion programs. We will adopt the new standard on January 1, 2018. We are still evaluating our application method. Our ability to adopt using the full retrospective method is dependent on a number of factors, including system readiness, which may include software procured from third-party providers, and finalizing our assessment of information necessary to restate prior period financial statements. In February 2016, the FASB issued ASU 2016-02, which superseded previously existing leasing guidance. The ASU is intended to establish the principles that lessees and lessors shall apply to report useful information to users of financial statements about the amount, timing, and uncertainty of cash flows arising from a lease. The new guidance requires lessees to reflect most leases on their balance sheet as assets and obligations. This ASU will be effective beginning in the first quarter of our fiscal year 2019. Early adoption is permitted. The new guidance must be adopted using a modified retrospective transition, and provides for certain practical expedients. While we are still evaluating the impact this ASU will have on our financial statements and related disclosures, we have initiated our scoping reviews and have made progress in our assessment phase. Based on our initial reviews, we expect that the adoption will increase the assets and liabilities on our condensed consolidated balance sheets. We are still evaluating our adoption date. In October 2016, the FASB issued ASU 2016-16 related to the income tax accounting impacts of intra-entity transfers of assets other than inventory, such as intellectual property and property, plant and equipment. Under the new accounting guidance, current and deferred income taxes should be recognized upon transfer of the assets. Previously, recognition of current and deferred income taxes was prohibited until the asset was sold to an external third party. This ASU will be effective beginning in the first quarter of our fiscal year 2018. Early adoption is permitted but must be adopted in the first interim period of the annual period for which the ASU is adopted. The new guidance must be adopted on a modified retrospective basis through a cumulative-effect adjustment to retained earnings as of the beginning of the adoption period. While we are still evaluating the impact that this ASU will have on our financial statements and related disclosures, we will adopt this ASU in the first quarter of 2018. In January 2017, the FASB issued ASU 2017-04 related to goodwill impairment testing. This ASU eliminates Step 2 from the goodwill impairment test. Under the new guidance, if a reporting unit’s carrying amount exceeds its fair value, the entity will record an impairment charge based on that difference. The impairment charge will be limited to the amount of goodwill allocated to that reporting unit. Previously, if the fair value of a reporting unit was lower than its carrying amount (Step 1), an entity was required to calculate any impairment charge by comparing the implied fair value of goodwill with its carrying amount (Step 2). Additionally, under the new standard, entities that have reporting units with zero or negative carrying amounts will no longer be required to perform the qualitative assessment to determine whether to perform Step 2 of the goodwill impairment test. As a result, reporting units with zero or negative carrying amounts will generally be expected to pass the simplified impairment test; however, additional disclosure will be required of those entities. This ASU will be effective in the first quarter of our fiscal year 2020. Early adoption is permitted for annual and interim goodwill impairment testing dates after January 1, 2017. The new guidance must be adopted on a prospective basis. While we are still evaluating the timing of adoption, we currently do not expect this ASU to have a material impact on our financial statements and related disclosures. In March 2017, the FASB issued ASU 2017-07 related to the presentation of net periodic benefit cost (pension and postretirement cost). Under the new guidance, the service cost component of net periodic benefit cost must be presented in the same statement of income line item as other employee compensation costs arising from services rendered by employees during the period. Other components of net periodic benefit cost must be disaggregated from the service cost component in the statements of income and must be presented outside the operating income subtotal. Additionally, only the service cost component will be eligible for capitalization in assets. The new guidance must be applied retrospectively for the statement of income presentation of service cost components and other net periodic benefit cost components and prospectively for the capitalization of the service cost components. The ASU will become effective in the first quarter of our fiscal year 2018. Early adoption is permitted but must occur within the first interim period of the annual period adopted. We are currently evaluating the impact that this ASU will have on our financial statements and related disclosures.

Integration and Restructuring25

Integration and Restructuring Expenses (Tables)	3 Months Ended
	Apr. 01, 2017
Restructuring Cost and Reserve [Line Items]
Restructuring Costs by Type and Income Statement Location	Total expenses related to our Integration Program and restructuring activities recorded in cost of products sold and selling, general and administrative expenses (“SG&A”) for the years presented were (in millions): For the Three Months Ended April 1, April 3, Severance and employee benefit costs - COGS $ 19 $ 6 Severance and employee benefit costs - SG&A 25 32 Asset-related costs - COGS 75 142 Asset-related costs - SG&A 7 14 Other costs - COGS 9 33 Other costs - SG&A 13 33 $ 148 $ 260
Restructuring Costs Excluded from Segments	The pre-tax impact of allocating such expenses to our segments would have been (in millions): For the Three Months Ended April 1, April 3, United States $ 108 $ 199 Canada 10 18 Europe 14 15 Rest of World — — General corporate expenses 16 28 $ 148 $ 260
Integration Program
Restructuring Cost and Reserve [Line Items]
Schedule of Restructuring Reserve by Type of Cost	Our liability balance for Integration Program costs that qualify as U.S. GAAP exit and disposal costs (i.e., severance and employee benefit costs and other exit costs), was (in millions): Severance and Employee Benefit Costs Other Exit Costs (a) Total Balance at December 31, 2016 $ 99 $ 10 $ 109 Charges 34 9 43 Cash payments (22 ) (1 ) (23 ) Non-cash utilization (8 ) (2 ) (10 ) Balance at April 1, 2017 $ 103 $ 16 $ 119 (a) Other exit costs primarily represent contract and lease terminations.
Restructuring Activities
Restructuring Cost and Reserve [Line Items]
Schedule of Restructuring Reserve by Type of Cost	Our liability balance for restructuring project costs that qualify as U.S. GAAP exit and disposal costs (i.e., severance and employee benefit costs and other exit costs), was (in millions): Severance and Employee Benefit Costs Other Exit Costs (a) Total Balance at December 31, 2016 $ 12 $ 25 $ 37 Charges 10 — 10 Cash payments (12 ) (1 ) (13 ) Non-cash utilization (4 ) — (4 ) Balance at April 1, 2017 $ 6 $ 24 $ 30 (a) Other exit costs primarily represent contract and lease terminations.

Restricted Cash (Tables)

Restricted Cash (Tables)	3 Months Ended
	Apr. 01, 2017
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Reconciliation from Cash and Cash Equivalents to Cash, Cash Equivalents, and Restricted Cash	The following table provides a reconciliation of cash and cash equivalents, as reported on our condensed consolidated balance sheets, to cash, cash equivalents, and restricted cash, as reported on our condensed consolidated statements of cash flows (in millions): April 1, December 31, 2016 Cash and cash equivalents $ 3,242 $ 4,204 Restricted cash included in other assets (current) 36 42 Restricted cash included in other assets (noncurrent) 4 9 Cash, cash equivalents, and restricted cash $ 3,282 $ 4,255

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Apr. 01, 2017
Inventory Disclosure [Abstract]
Inventories	Inventories at April 1, 2017 and December 31, 2016 were (in millions): April 1, 2017 December 31, 2016 Packaging and ingredients $ 716 $ 542 Work in process 493 388 Finished product 1,942 1,754 Inventories $ 3,151 $ 2,684

Goodwill and Intangible Asset28

Goodwill and Intangible Assets (Tables)	3 Months Ended
	Apr. 01, 2017
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the carrying amount of goodwill	Changes in the carrying amount of goodwill from December 31, 2016 to April 1, 2017 , by segment, were (in millions): United States Canada Europe Rest of World Total Balance at December 31, 2016 $ 33,696 $ 4,913 $ 2,778 $ 2,738 $ 44,125 Translation adjustments — 44 51 80 175 Balance at April 1, 2017 $ 33,696 $ 4,957 $ 2,829 $ 2,818 $ 44,300
Changes in the carrying amount of indefinite-lived intangible assets	Indefinite-lived intangible assets, which primarily consisted of trademarks, were (in millions): Balance at December 31, 2016 $ 53,307 Translation adjustments 80 Balance at April 1, 2017 $ 53,387
Schedule of definite-lived intangible assets by major asset class	Definite-lived intangible assets at April 1, 2017 and December 31, 2016 were (in millions): April 1, 2017 December 31, 2016 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Trademarks $ 2,346 $ (199 ) $ 2,147 $ 2,337 $ (172 ) $ 2,165 Customer-related assets 4,199 (413 ) 3,786 4,184 (369 ) 3,815 Other 13 (3 ) 10 13 (3 ) 10 $ 6,558 $ (615 ) $ 5,943 $ 6,534 $ (544 ) $ 5,990

Employees' Stock Incentive Pl29

Employees' Stock Incentive Plans (Tables)	3 Months Ended
	Apr. 01, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Share-based Compensation, Stock Options, Activity	Our stock option activity and related information was: Number of Stock Options Weighted Average Exercise Price Outstanding at December 31, 2016 20,560,140 $ 37.39 Granted 1,170,685 91.40 Forfeited (126,206 ) 44.78 Exercised (1,126,852 ) 34.00 Outstanding at April 1, 2017 20,477,767 40.62
Schedule of Share-based Compensation, RSU Activity	Our restricted stock unit (“RSU”) activity and related information was: Number of Units Weighted Average Grant Date Fair Value (per share) Outstanding at December 31, 2016 806,744 $ 71.95 Granted 1,640,535 84.97 Forfeited (19,395 ) 76.65 Vested (117,958 ) 72.96 Outstanding at April 1, 2017 2,309,926 81.15
Schedule of Compensation Costs Related to Equity Plans	Equity award compensation cost and the related tax benefit was (in millions): For the Three Months Ended April 1, April 3, Pre-tax compensation cost $ 11 $ 13 Tax benefit (3 ) (4 ) After-tax compensation cost $ 8 $ 9

Postemployment Benefits (Tables

Postemployment Benefits (Tables)	3 Months Ended
	Apr. 01, 2017
Pension Plan
Defined Benefit Plan Disclosure [Line Items]
Components of Net Cost/(Benefit)	Net pension cost/(benefit) consisted of the following (in millions): For the Three Months Ended U.S. Plans Non-U.S. Plans April 1, April 3, April 1, April 3, Service cost $ 3 $ 3 $ 4 $ 6 Interest cost 45 53 16 21 Expected return on plan assets (65 ) (74 ) (43 ) (46 ) Settlements — (6 ) — — Special/contractual termination benefits 7 — 6 — Other 2 — (9 ) — Net pension cost/(benefit) $ (8 ) $ (24 ) $ (26 ) $ (19 )
Postretirement Plans
Defined Benefit Plan Disclosure [Line Items]
Components of Net Cost/(Benefit)	Net postretirement cost/(benefit) consisted of the following (in millions): For the Three Months Ended April 1, April 3, Service cost $ 2 $ 4 Interest cost 13 16 Amortization of prior service costs/(credits) (90 ) (82 ) Net postretirement cost/(benefit) $ (75 ) $ (62 )

Accumulated Other Comprehensi31

Accumulated Other Comprehensive Income/(Losses) (Tables) - Accumulated Other Comprehensive Income/(Losses)	3 Months Ended
	Apr. 01, 2017
Accumulated Other Comprehensive Income/(Losses) [Line Items]
Components of and Changes in Accumulated Other Comprehensive Income/(Losses)	The components of, and changes in, accumulated other comprehensive income/(losses), net of tax, were as follows (in millions): Foreign Currency Translation Adjustments Net Postemployment Benefit Plan Adjustments Net Cash Flow Hedge Adjustments Total Balance as of December 31, 2016 $ (2,412 ) $ 772 $ 12 $ (1,628 ) Foreign currency translation adjustments 309 — — 309 Net deferred gains/(losses) on net investment hedges (51 ) — — (51 ) Net postemployment benefit gains/(losses) arising during the period — (10 ) — (10 ) Reclassification of net postemployment benefit losses/(gains) — (55 ) — (55 ) Net deferred gains/(losses) on cash flow hedges — — (34 ) (34 ) Net deferred losses/(gains) on cash flow hedges reclassified to net income — — 20 20 Total other comprehensive income/(loss) 258 (65 ) (14 ) 179 Balance as of April 1, 2017 $ (2,154 ) $ 707 $ (2 ) $ (1,449 )
Gross Amount and Related Tax Benefit/(Expense) Recorded in and Associated with each Component of Other Comprehensive Income/(Loss)	The gross amount and related tax benefit/(expense) recorded in, and associated with, each component of other comprehensive income/(loss) were as follows (in millions): For the Three Months Ended April 1, April 3, Before Tax Amount Tax Net of Tax Amount Before Tax Amount Tax Net of Tax Amount Foreign currency translation adjustments $ 309 $ — $ 309 $ 265 $ — $ 265 Net deferred gains/(losses) on net investment hedges (78 ) 27 (51 ) (84 ) 24 (60 ) Net actuarial gains/(losses) arising during the period (12 ) 2 (10 ) — — — Reclassification of net postemployment benefit losses/(gains) (90 ) 35 (55 ) (88 ) 34 (54 ) Net deferred gains/(losses) on cash flow hedges (39 ) 5 (34 ) (28 ) 10 (18 ) Net deferred losses/(gains) on cash flow hedges reclassified to net income 17 3 20 (26 ) 4 (22 )
Amounts Reclassified From Accumulated Other Comprehensive Income/(Losses)	The amounts reclassified from accumulated other comprehensive income/(losses) were as follows (in millions): Accumulated Other Comprehensive Income/(Losses) Component Reclassified from Accumulated Other Comprehensive Income/(Losses) Affected Line Item in the Statement Where Net Income/(Loss) is Presented For the Three Months Ended April 1, April 3, Losses/(gains) on cash flow hedges: Foreign exchange contracts $ — $ (1 ) Net sales Foreign exchange contracts 1 (29 ) Cost of products sold Foreign exchange contracts 15 3 Other expense/(income), net Interest rate contracts 1 1 Interest expense Losses/(gains) on cash flow hedges before income taxes 17 (26 ) Losses/(gains) on cash flow hedges income taxes 3 4 Losses/(gains) on cash flow hedges $ 20 $ (22 ) Losses/(gains) on postemployment benefits: Amortization of unrecognized losses/(gains) $ — $ — (a) Amortization of prior service costs/(credits) (90 ) (82 ) (a) Settlement and curtailments losses/(gains) — (6 ) (a) Losses/(gains) on postemployment benefits before income taxes (90 ) (88 ) Losses/(gains) on postemployment benefits income taxes 35 34 Losses/(gains) on postemployment benefits $ (55 ) $ (54 ) (a) These components are included in the computation of net periodic postemployment benefit costs. See Note 8, Postemployment Benefits , for additional information.

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Apr. 01, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of notional amounts of outstanding derivative positions	The notional values of our derivative instruments at April 1, 2017 and December 31, 2016 were (in millions): Notional Amount April 1, 2017 December 31, 2016 Commodity contracts $ 641 $ 459 Foreign exchange contracts 3,048 2,997 Cross-currency contracts 3,173 3,173
Schedule of derivative fair values and levels within the fair value hierarchy on the balance sheets	The fair values and the levels within the fair value hierarchy of derivative instruments recorded on the consolidated balance sheets at April 1, 2017 and December 31, 2016 were (in millions): April 1, 2017 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Total Fair Value Assets Liabilities Assets Liabilities Assets Liabilities Assets Liabilities Derivatives designated as hedging instruments: Foreign exchange contracts $ — $ — $ 35 $ 23 $ — $ — $ 35 $ 23 Cross-currency contracts — — 549 40 — — 549 40 Derivatives not designated as hedging instruments: Commodity contracts 16 39 2 3 — — 18 42 Foreign exchange contracts — — 37 1 — — 37 1 Cross-currency contracts — — 43 — — — 43 — Total fair value $ 16 $ 39 $ 666 $ 67 $ — $ — $ 682 $ 106 December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Total Fair Value Assets Liabilities Assets Liabilities Assets Liabilities Assets Liabilities Derivatives designated as hedging instruments: Foreign exchange contracts $ — $ — $ 69 $ 13 $ — $ — $ 69 $ 13 Cross-currency contracts — — 580 36 — — 580 36 Derivatives not designated as hedging instruments: Commodity contracts 28 7 — — — — 28 7 Foreign exchange contracts — — 35 30 — — 35 30 Cross-currency contracts — — 44 — — — 44 — Total fair value $ 28 $ 7 $ 728 $ 79 $ — $ — $ 756 $ 86
Schedule of cross-currency swap derivatives	At April 1, 2017 , our cross-currency swaps designated as net investment hedges consisted of: Instrument Notional (local) (in billions) Notional (USD) (in billions) Maturity Cross-currency swap £ 0.8 $ 1.4 October 2019 Cross-currency swap C$ 1.8 $ 1.6 December 2019
Derivative impact on the statements of income and statements of comprehensive income	The following tables present the pre-tax effect of derivative instruments on the consolidated statements of income and statements of comprehensive income: For the Three Months Ended April 1, April 3, Commodity Contracts Foreign Exchange Cross-Currency Contracts Interest Rate Contracts Commodity Contracts Foreign Exchange Cross-Currency Contracts Interest Rate (in millions) Derivatives designated as hedging instruments: Cash flow hedges: Gains/(losses) recognized in other comprehensive income (effective portion) $ — $ (39 ) $ — $ — $ — $ (27 ) $ — $ — Net investment hedges: Gains/(losses) recognized in other comprehensive income (effective portion) — (4 ) (30 ) — — — (65 ) — Total gains/(losses) recognized in other comprehensive income (effective portion) $ — $ (43 ) $ (30 ) $ — $ — $ (27 ) $ (65 ) $ — Cash flow hedges reclassified to net income/(loss): Net sales $ — $ — $ — $ — $ — $ 1 $ — $ — Cost of products sold (effective portion) — (1 ) — — — 29 — — Other expense/(income), net — (15 ) — — — (3 ) — — Interest expense — — — (1 ) — — — (1 ) — (16 ) — (1 ) — 27 — (1 ) Derivatives not designated as hedging instruments: Gains/(losses) on derivatives recognized in cost of products sold (37 ) — — — (18 ) — — — Gains/(losses) on derivatives recognized in other expense/(income), net — 2 (1 ) — — (75 ) (7 ) — (37 ) 2 (1 ) — (18 ) (75 ) (7 ) — Total gains/(losses) recognized in statements of income $ (37 ) $ (14 ) $ (1 ) $ (1 ) $ (18 ) $ (48 ) $ (7 ) $ (1 )

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Apr. 01, 2017
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Our earnings per common share (“EPS”) were: For the Three Months Ended April 1, April 3, (in millions, except per share amounts) Basic Earnings Per Common Share: Net income/(loss) attributable to common shareholders $ 893 $ 896 Weighted average shares of common stock outstanding 1,217 1,215 Net earnings/(loss) $ 0.73 $ 0.74 Diluted Earnings Per Common Share: Net income/(loss) attributable to common shareholders $ 893 $ 896 Weighted average shares of common stock outstanding 1,217 1,215 Effect of dilutive securities: Equity awards 12 10 Weighted average shares of common stock outstanding, including dilutive effect 1,229 1,225 Net earnings/(loss) $ 0.73 $ 0.73

Segment Reporting (Tables)

Segment Reporting (Tables)	3 Months Ended
	Apr. 01, 2017
Segment Reporting [Abstract]
Net Sales by Segment	Net sales by segment were (in millions): For the Three Months Ended April 1, April 3, Net sales: United States $ 4,552 $ 4,715 Canada 443 504 Europe 543 583 Rest of World 826 768 Total net sales $ 6,364 $ 6,570
Segment Adjusted EBITDA	Segment Adjusted EBITDA was (in millions): For the Three Months Ended April 1, April 3, Segment Adjusted EBITDA: United States $ 1,472 $ 1,493 Canada 126 151 Europe 170 180 Rest of World 146 166 General corporate expenses (29 ) (39 ) Depreciation and amortization (excluding integration and restructuring expenses) (132 ) (161 ) Integration and restructuring expenses (148 ) (260 ) Merger costs — (15 ) Unrealized gains/(losses) on commodity hedges (42 ) 8 Nonmonetary currency devaluation — (1 ) Equity award compensation expense (excluding integration and restructuring expenses) (12 ) (9 ) Operating income 1,551 1,513 Interest expense 313 249 Other expense/(income), net (12 ) (8 ) Income/(loss) before income taxes $ 1,250 $ 1,272
Net Sales by Product	Our net sales by product category were (in millions): For the Three Months Ended April 1, April 3, Condiments and sauces $ 1,513 $ 1,564 Cheese and dairy 1,299 1,366 Ambient meals 583 590 Frozen and chilled meals 653 627 Meats and seafood 660 696 Refreshment beverages 372 408 Coffee 350 383 Infant and nutrition 188 190 Desserts, toppings and baking 196 210 Nuts and salted snacks 232 260 Other 318 276 Total net sales $ 6,364 $ 6,570

Supplemental Financial Inform35

Supplemental Financial Information (Tables)	3 Months Ended
	Apr. 01, 2017
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Condensed Consolidating Statements of Income	The Kraft Heinz Company Condensed Consolidating Statements of Income For the Three Months Ended April 1, 2017 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,360 $ 2,166 $ (162 ) $ 6,364 Cost of products sold — 2,714 1,511 (162 ) 4,063 Gross profit — 1,646 655 — 2,301 Selling, general and administrative expenses — 184 566 — 750 Intercompany service fees and other recharges — 1,108 (1,108 ) — — Operating income — 354 1,197 — 1,551 Interest expense — 303 10 — 313 Other expense/(income), net — 17 (29 ) — (12 ) Income/(loss) before income taxes — 34 1,216 — 1,250 Provision for/(benefit from) income taxes — (12 ) 371 — 359 Equity in earnings of subsidiaries 893 847 — (1,740 ) — Net income/(loss) 893 893 845 (1,740 ) 891 Net income/(loss) attributable to noncontrolling interest — — (2 ) — (2 ) Net income/(loss) excluding noncontrolling interest $ 893 $ 893 $ 847 $ (1,740 ) $ 893 Comprehensive income/(loss) excluding noncontrolling interest $ 1,072 $ 1,072 $ 1,842 $ (2,914 ) $ 1,072 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Three Months Ended April 3, 2016 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,471 $ 2,241 $ (142 ) $ 6,570 Cost of products sold — 2,832 1,502 (142 ) 4,192 Gross profit — 1,639 739 — 2,378 Selling, general and administrative expenses — 277 588 — 865 Intercompany service fees and other recharges — 1,214 (1,214 ) — — Operating income — 148 1,365 — 1,513 Interest expense — 235 14 — 249 Other expense/(income), net — 31 (39 ) — (8 ) Income/(loss) before income taxes — (118 ) 1,390 — 1,272 Provision for/(benefit from) income taxes — (58 ) 430 — 372 Equity in earnings of subsidiaries 896 956 — (1,852 ) — Net income/(loss) 896 896 960 (1,852 ) 900 Net income/(loss) attributable to noncontrolling interest — — 4 — 4 Net income/(loss) excluding noncontrolling interest $ 896 $ 896 $ 956 $ (1,852 ) $ 896 Comprehensive income/(loss) excluding noncontrolling interest $ 1,007 $ 1,007 $ 1,149 $ (2,156 ) $ 1,007
Condensed Consolidating Balance Sheets	The Kraft Heinz Company Condensed Consolidating Balance Sheets As of April 1, 2017 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ 1,929 $ 1,313 $ — $ 3,242 Trade receivables — 30 856 — 886 Receivables due from affiliates — 808 220 (1,028 ) — Dividends due from affiliates 32 — — (32 ) — Sold receivables — — 588 — 588 Inventories — 2,074 1,077 — 3,151 Short-term lending due from affiliates — 1,792 3,062 (4,854 ) — Other current assets — 2,366 227 (1,585 ) 1,008 Total current assets 32 8,999 7,343 (7,499 ) 8,875 Property, plant and equipment, net — 4,424 2,269 — 6,693 Goodwill — 11,067 33,233 — 44,300 Investments in subsidiaries 57,732 71,474 — (129,206 ) — Intangible assets, net — 3,329 56,001 — 59,330 Long-term lending due from affiliates — 1,700 2,000 (3,700 ) — Other assets — 602 1,002 — 1,604 TOTAL ASSETS $ 57,764 $ 101,595 $ 101,848 $ (140,405 ) $ 120,802 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ — $ 900 $ 9 $ — $ 909 Current portion of long-term debt — 2,012 11 — 2,023 Short-term lending due to affiliates — 3,062 1,792 (4,854 ) — Trade payables — 2,366 1,570 — 3,936 Payables due to affiliates — 220 808 (1,028 ) — Accrued marketing — 165 434 — 599 Accrued postemployment costs — 144 13 — 157 Income taxes payable — — 2,009 (1,585 ) 424 Interest payable — 340 6 — 346 Dividends due to affiliates — 32 — (32 ) — Other current liabilities 32 378 579 — 989 Total current liabilities 32 9,619 7,231 (7,499 ) 9,383 Long-term debt — 28,762 986 — 29,748 Long-term borrowings due to affiliates — 2,000 1,917 (3,917 ) — Deferred income taxes — 1,367 19,543 — 20,910 Accrued postemployment costs — 1,728 288 — 2,016 Other liabilities — 387 414 — 801 TOTAL LIABILITIES 32 43,863 30,379 (11,416 ) 62,858 Total shareholders’ equity 57,732 57,732 71,257 (128,989 ) 57,732 Noncontrolling interest — — 212 — 212 TOTAL EQUITY 57,732 57,732 71,469 (128,989 ) 57,944 TOTAL LIABILITIES AND EQUITY $ 57,764 $ 101,595 $ 101,848 $ (140,405 ) $ 120,802 The Kraft Heinz Company Condensed Consolidating Balance Sheets As of December 31, 2016 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ 2,830 $ 1,374 $ — $ 4,204 Trade receivables — 12 757 — 769 Receivables due from affiliates — 712 111 (823 ) — Dividends due from affiliates 39 — — (39 ) — Sold receivables — — 129 — 129 Inventories — 1,759 925 — 2,684 Short-term lending due from affiliates — 1,722 2,956 (4,678 ) — Other current assets — 2,229 447 (1,709 ) 967 Total current assets 39 9,264 6,699 (7,249 ) 8,753 Property, plant and equipment, net — 4,447 2,241 — 6,688 Goodwill — 11,067 33,058 — 44,125 Investments in subsidiaries 57,358 70,877 — (128,235 ) — Intangible assets, net — 3,364 55,933 — 59,297 Long-term lending due from affiliates — 1,700 2,000 (3,700 ) — Other assets — 501 1,116 — 1,617 TOTAL ASSETS $ 57,397 $ 101,220 $ 101,047 $ (139,184 ) $ 120,480 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ — $ 642 $ 3 $ — $ 645 Current portion of long-term debt — 2,032 14 — 2,046 Short-term lending due to affiliates — 2,956 1,722 (4,678 ) — Trade payables — 2,376 1,620 — 3,996 Payables due to affiliates — 111 712 (823 ) — Accrued marketing — 277 472 — 749 Accrued postemployment costs — 144 13 — 157 Income taxes payable — — 1,964 (1,709 ) 255 Interest payable — 401 14 — 415 Dividends due to affiliates — 39 — (39 ) — Other current liabilities 39 588 611 — 1,238 Total current liabilities 39 9,566 7,145 (7,249 ) 9,501 Long-term debt — 28,736 977 — 29,713 Long-term borrowings due to affiliates — 2,000 1,902 (3,902 ) — Deferred income taxes — 1,382 19,466 — 20,848 Accrued postemployment costs — 1,754 284 — 2,038 Other liabilities — 424 382 — 806 TOTAL LIABILITIES 39 43,862 30,156 (11,151 ) 62,906 Total shareholders’ equity 57,358 57,358 70,675 (128,033 ) 57,358 Noncontrolling interest — — 216 — 216 TOTAL EQUITY 57,358 57,358 70,891 (128,033 ) 57,574 TOTAL LIABILITIES AND EQUITY $ 57,397 $ 101,220 $ 101,047 $ (139,184 ) $ 120,480
Condensed Consolidating Statements of Cash Flows	The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Three Months Ended April 1, 2017 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES Net cash provided by/(used for) operating activities $ 736 $ (304 ) $ 153 $ (736 ) $ (151 ) CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures — (203 ) (165 ) — (368 ) Net proceeds from/(payments on) intercompany lending activities — (4 ) (67 ) 71 — Return of capital 7 — — (7 ) — Other investing activities, net — 44 (6 ) — 38 Net cash provided by/(used for) investing activities 7 (163 ) (238 ) 64 (330 ) CASH FLOWS FROM FINANCING ACTIVITIES Proceeds from issuance of commercial paper — 2,324 — — 2,324 Repayments of commercial paper — (2,068 ) — — (2,068 ) Net proceeds from/(payments on) intercompany borrowing activities — 67 4 (71 ) — Dividends paid-common stock (736 ) (736 ) — 736 (736 ) Other intercompany capital stock transactions — (7 ) — 7 — Other financing activities, net (7 ) (21 ) 3 — (25 ) Net cash provided by/(used for) financing activities (743 ) (441 ) 7 672 (505 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — — 13 — 13 Cash, cash equivalents, and restricted cash: Net increase/(decrease) — (908 ) (65 ) — (973 ) Balance at beginning of period — 2,869 1,386 — 4,255 Balance at end of period $ — $ 1,961 $ 1,321 $ — $ 3,282 The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Three Months Ended April 3, 2016 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES Net cash provided by/(used for) operating activities $ — $ 166 $ 104 $ — $ 270 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures — (242 ) (61 ) — (303 ) Net proceeds from/(payments on) intercompany lending activities — 423 314 (737 ) — Return of capital 667 — — (667 ) — Other investing activities, net — 13 (3 ) — 10 Net cash provided by/(used for) investing activities 667 194 250 (1,404 ) (293 ) CASH FLOWS FROM FINANCING ACTIVITIES Net proceeds from/(payments on) intercompany borrowing activities — (314 ) (423 ) 737 — Dividends paid-common stock (667 ) (667 ) — 667 (667 ) Other financing activities, net — 25 15 — 40 Net cash provided by/(used for) financing activities (667 ) (956 ) (408 ) 1,404 (627 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — — 44 — 44 Cash, cash equivalents, and restricted cash: Net increase/(decrease) — (596 ) (10 ) — (606 ) Balance at beginning of period — 3,253 1,659 — 4,912 Balance at end of period $ — $ 2,657 $ 1,649 $ — $ 4,306 The following tables provide a reconciliation of cash and cash equivalents, as reported on our unaudited condensed consolidating balance sheets, to cash, cash equivalents, and restricted cash, as reported on our unaudited condensed consolidating statements of cash flows (in millions): April 1, 2017 Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Cash and cash equivalents $ — $ 1,929 $ 1,313 $ — $ 3,242 Restricted cash included in other assets (current) — 32 4 — 36 Restricted cash included in other assets (noncurrent) — — 4 — 4 Cash, cash equivalents, and restricted cash $ — $ 1,961 $ 1,321 $ — $ 3,282 December 31, 2016 Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Cash and cash equivalents $ — $ 2,830 $ 1,374 $ — $ 4,204 Restricted cash included in other assets (current) — 39 3 — 42 Restricted cash included in other assets (noncurrent) — — 9 — 9 Cash, cash equivalents, and restricted cash $ — $ 2,869 $ 1,386 $ — $ 4,255

Background and Basis of Prese36

Background and Basis of Presentation Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016	Dec. 31, 2016	Jan. 03, 2016
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Effective income tax rate reconciliation, share based compensation, excess tax benefit, amount	$ (359)	$ (372)
Net cash provided by/(used for) financing activities	(505)	(627)
Accounting Standards Update 2016-09
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Effective income tax rate reconciliation, share based compensation, excess tax benefit, amount	$ 8
Net cash provided by/(used for) financing activities		0
Accounting Standards Update 2016-18
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Restricted cash		108	$ 51	$ 75
Dividends paid-Series A Preferred Stock		$ 32

Integration and Restructuring37

Integration and Restructuring Expenses Additional Information (Details) $ in Millions	3 Months Ended		21 Months Ended
	Apr. 01, 2017USD ($)employeefactory	Apr. 03, 2016USD ($)	Apr. 01, 2017USD ($)employee
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 148	$ 260
Integration Program
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	$ 2,000		$ 2,000
Restructuring and Related Cost, Expected Cost, Classified as Costs of Products Sold, Percent	60.00%		60.00%
Restructuring and Related Cost, Expected Number of Positions Eliminated | employee	5,150
Restructuring and Related Cost, Number of Positions Eliminated | employee			3,800
Restructuring and Related Cost, Incurred Cost	$ 127	241
Restructuring and Related Cost, Cost Incurred to Date	$ 1,800		$ 1,800
Restructuring and Related Cost, Expected Cost, Cash Expenditures, Percent	60.00%		60.00%
Restructuring Activities
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 21	19
Severance and Employee Benefit Costs | Integration Program
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	400		$ 400
Restructuring and Related Cost, Cost Incurred to Date	715		715
Severance and Employee Benefit Costs | Restructuring Activities
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	10	10
Asset-Related Costs | Integration Program
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	$ 1,200		1,200
Restructuring and Related Activities, Expected Number of Facilities Eliminated | factory	6
Restructuring and Related Cost, Cost Incurred to Date	$ 731		731
Asset-Related Costs | Restructuring Activities
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	1
Other Implementation Costs | Integration Program
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Cost Incurred to Date	293		293
Other Implementation Costs | Restructuring Activities
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	10	8
Other Exit Costs | Integration Program
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Expected Cost	400		400
Restructuring and Related Cost, Cost Incurred to Date	$ 104		$ 104
Other Exit Costs | Restructuring Activities
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost		$ 1

Integration and Restructuring38

Integration and Restructuring Expenses Integration Program Reserve Roll-forward (Details) - Integration Program $ in Millions	3 Months Ended
	Apr. 01, 2017USD ($)
Restructuring Reserve [Roll Forward]
Beginning Balance	$ 109
Charges	43
Cash payments	(23)
Non-cash utilization	(10)
Ending Balance	119
Severance and Employee Benefit Costs
Restructuring Reserve [Roll Forward]
Beginning Balance	99
Charges	34
Cash payments	(22)
Non-cash utilization	(8)
Ending Balance	103
Other Exit Costs
Restructuring Reserve [Roll Forward]
Beginning Balance	10
Charges	9
Cash payments	(1)
Non-cash utilization	(2)
Ending Balance	$ 16

Integration and Restructuring39

Integration and Restructuring Expenses Restructuring Reserve Roll-forward (Details) - Restructuring Activities $ in Millions	3 Months Ended
	Apr. 01, 2017USD ($)
Restructuring Reserve [Roll Forward]
Beginning Balance	$ 37
Charges	10
Cash payments	(13)
Non-cash utilization	(4)
Ending Balance	30
Severance and Employee Benefit Costs
Restructuring Reserve [Roll Forward]
Beginning Balance	12
Charges	10
Cash payments	(12)
Non-cash utilization	(4)
Ending Balance	6
Other Exit Costs
Restructuring Reserve [Roll Forward]
Beginning Balance	25
Charges	0
Cash payments	(1)
Non-cash utilization	0
Ending Balance	$ 24

Integration and Restructuring40

Integration and Restructuring Expenses Restructuring Costs by Type and Income Statement Location (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 148	$ 260
Severance and Employee Benefit Costs | Cost of products sold
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	19	6
Severance and Employee Benefit Costs | Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	25	32
Asset-Related Costs | Cost of products sold
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	75	142
Asset-Related Costs | Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	7	14
Other Exit Costs | Cost of products sold
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	9	33
Other Exit Costs | Selling, general and administrative expenses
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 13	$ 33

Integration and Restructuring41

Integration and Restructuring Expenses Restructuring Costs Excluded from Segments (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Segment Reporting Information [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 148	$ 260
United States
Segment Reporting Information [Line Items]
Restructuring and Related Cost, Incurred Cost	108	199
Canada
Segment Reporting Information [Line Items]
Restructuring and Related Cost, Incurred Cost	10	18
Europe
Segment Reporting Information [Line Items]
Restructuring and Related Cost, Incurred Cost	14	15
Rest of World
Segment Reporting Information [Line Items]
Restructuring and Related Cost, Incurred Cost	0	0
Non-Operating
Segment Reporting Information [Line Items]
Restructuring and Related Cost, Incurred Cost	$ 16	$ 28

Restricted Cash Reconciliation

Restricted Cash Reconciliation from Cash and Cash Equivalents to Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016	Apr. 03, 2016	Jan. 03, 2016
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents	$ 3,242	$ 4,204
Restricted cash included in other assets (current)	36	42
Restricted cash included in other assets (noncurrent)	4	9
Cash, cash equivalents, and restricted cash	$ 3,282	$ 4,255	$ 4,306	$ 4,912

Inventories Components of Inven

Inventories Components of Inventories (Details) - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016
Inventory Disclosure [Abstract]
Packaging and ingredients	$ 716	$ 542
Work in process	493	388
Finished product	1,942	1,754
Inventories	$ 3,151	$ 2,684

Goodwill and Intangible Asset44

Goodwill and Intangible Assets Goodwill by Segment (Details) $ in Millions	3 Months Ended
	Apr. 01, 2017USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 44,125
Translation adjustments	175
Ending balance	44,300
United States
Goodwill [Roll Forward]
Beginning balance	33,696
Translation adjustments	0
Ending balance	33,696
Canada
Goodwill [Roll Forward]
Beginning balance	4,913
Translation adjustments	44
Ending balance	4,957
Europe
Goodwill [Roll Forward]
Beginning balance	2,778
Translation adjustments	51
Ending balance	2,829
Rest of World
Goodwill [Roll Forward]
Beginning balance	2,738
Translation adjustments	80
Ending balance	$ 2,818

Goodwill and Intangible Asset45

Goodwill and Intangible Assets Goodwill - Additional Information (Details)	Apr. 04, 2016USD ($)reporting_unit	Apr. 01, 2017USD ($)reporting_unit	Dec. 31, 2016USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill, impairment loss	$ 0
Number of reporting units with fair value that exceeds carrying value of less than ten percent | reporting_unit	1
Reporting unit, percentage of fair value in excess of carrying amount	10.00%
Reporting unit, goodwill carrying value with a fair value that exceeds the carrying amount by less than ten percent	$ 48,000,000
Number of reporting units | reporting_unit		18
Goodwill		$ 44,300,000,000	$ 44,125,000,000
Goodwill, impaired, accumulated impairment loss		$ 0

Goodwill and Intangible Asset46

Goodwill and Intangible Assets Indefinite-Lived Intangible Assets (Details) $ in Millions	3 Months Ended
	Apr. 01, 2017USD ($)
Indefinite-lived Intangible Assets [Roll Forward]
Beginning balance	$ 53,307
Translation adjustments	80
Ending balance	$ 53,387

Goodwill and Intangible Asset47

Goodwill and Intangible Assets Indefinite-Lived Intangible Assets - Additional Information (Details)	Apr. 04, 2016USD ($)Brand	Apr. 01, 2017USD ($)	Dec. 31, 2016USD ($)
Indefinite-lived Intangible Assets [Line Items]
Impairment losses on indefinite-lived intangible assets	$ 0
Number of brands with fair values that exceed carrying amounts by less than ten percent | Brand	7
Indefinite-lived intangible assets, percentage of fair value in excess of carrying amount (less than)	10.00%
Indefinite-lived intangible assets, aggregate carrying value of intangibles with a fair value that exceeds the carrying amount	$ 6,100,000,000
Indefinite-lived intangible assets		$ 53,387,000,000	$ 53,307,000,000
Velveeta, Lunchables, Maxwell House, and Cracker Barrel
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets, aggregate carrying value of intangibles with a fair value that exceeds the carrying amount	$ 5,600,000,000

Goodwill and Intangible Asset48

Goodwill and Intangible Assets Definite-Lived Intangible Assets (Details) - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross	$ 6,558	$ 6,534
Accumulated Amortization	(615)	(544)
Net	5,943	5,990
Trademarks
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross	2,346	2,337
Accumulated Amortization	(199)	(172)
Net	2,147	2,165
Customer-related assets
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross	4,199	4,184
Accumulated Amortization	(413)	(369)
Net	3,786	3,815
Other
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross	13	13
Accumulated Amortization	(3)	(3)
Net	$ 10	$ 10

Goodwill and Intangible Asset49

Goodwill and Intangible Assets Definite-Lived Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 67	$ 66
Amortization of intangible assets, next twelve months	270
Amortization of intangible assets, year two	270
Amortization of intangible assets, year three	270
Amortization of intangible assets, year four	270
Amortization of intangible assets, year five	$ 270

Income Taxes Additional Informa

Income Taxes Additional Information (Details)	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Income Tax Disclosure [Abstract]
Effective tax rate	28.70%	29.20%

Employees' Stock Incentive Pl51

Employees' Stock Incentive Plans Schedule of Share-Based Compensation, Stock Option Activity (Details)	3 Months Ended
	Apr. 01, 2017$ / sharesshares
Roll-forward of Stock Option Activity (in shares)
Beginning balance | shares	20,560,140
Granted | shares	1,170,685
Forfeited | shares	(126,206)
Exercised | shares	(1,126,852)
Ending balance | shares	20,477,767
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Options outstanding at period start, weighted average exercise price (in dollars per share) | $ / shares	$ 37.39
Options granted, weighted average exercise price (in dollars per share) | $ / shares	91.40
Options forfeited, weighted average exercise price (in dollars per share) | $ / shares	44.78
Options exercised, weighted average exercise price (in dollars per share) | $ / shares	34
Options outstanding at period end, weighted average exercise price (in dollars per share) | $ / shares	$ 40.62

Employees' Stock Incentive Pl52

Employees' Stock Incentive Plans Additional Information (Details) $ in Millions	3 Months Ended
	Apr. 01, 2017USD ($)
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, exercises in period, intrinsic value	$ 65
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options, vested in period, fair value	11
Stock Options and RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested awards, compensation cost not yet recognized	$ 220
Nonvested awards, compensation cost not yet recognized, period for recognition	4 years

Employees' Stock Incentive Pl53

Employees' Stock Incentive Plans Schedule of Share-Based Compensation, RSU Activity (Details) - RSUs	3 Months Ended
	Apr. 01, 2017$ / sharesshares
Roll-forward of RSU Activity (in shares)
Beginning balance | shares	806,744
Granted | shares	1,640,535
Forfeited | shares	(19,395)
Vested | shares	(117,958)
Ending balance | shares	2,309,926
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
RSUs outstanding at period start, weighted average exercise price (in dollars per share) | $ / shares	$ 71.95
Granted, weighted average exercise price (in dollars per share) | $ / shares	84.97
Forfeited, weighted average exercise price (in dollars per share) | $ / shares	76.65
Vested, weighted average exercise price (in dollars per share) | $ / shares	72.96
RSUs outstanding at period end, weighted average exercise price (in dollars per share) | $ / shares	$ 81.15

Employees' Stock Incentive Pl54

Employees' Stock Incentive Plans Schedule of Compensation Costs Related to Equity Plans (Details) - Stock Options and RSUs - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Pre-tax compensation cost	$ 11	$ 13
Tax benefit	(3)	(4)
After-tax compensation cost	$ 8	$ 9

Postemployment Benefits Pension

Postemployment Benefits Pension Plans - Components of Net Pension Cost/(Benefit) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 3	$ 3
Interest cost	45	53
Expected return on plan assets	(65)	(74)
Settlements	0	(6)
Special/contractual termination benefits	7	0
Other	2	0
Net pension cost/(benefit)	(8)	(24)
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	4	6
Interest cost	16	21
Expected return on plan assets	(43)	(46)
Settlements	0	0
Special/contractual termination benefits	6	0
Other	(9)	0
Net pension cost/(benefit)	$ (26)	$ (19)

Postemployment Benefits Postemp

Postemployment Benefits Postemployment Benefit Plans - Additional Information (Details) $ in Millions	3 Months Ended
	Apr. 01, 2017USD ($)
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Employer contribution	$ 0
Estimated future employer contributions in next fiscal year	150
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Employer contribution	11
Estimated future employer contributions in next fiscal year	$ 45

Postemployment Benefits Postret

Postemployment Benefits Postretirement Plans - Components of Net Postretirement Cost/(Benefit) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service costs/(credits)	$ (82)	$ (50)
Postretirement Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	2	4
Interest cost	13	16
Amortization of prior service costs/(credits)	(90)	(82)
Net pension cost/(benefit)	$ (75)	$ (62)

Accumulated Other Comprehensi58

Accumulated Other Comprehensive Income/(Losses) Components of and Changes in Accumulated Other Comprehensive Income/(Losses) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	$ (1,628)
Foreign currency translation adjustments	307	$ 272
Net deferred gains/(losses) on net investment hedges	(51)	(60)
Reclassification of net postemployment benefit losses/(gains)	(55)	(54)
Net deferred gains/(losses) on cash flow hedges	(34)	(18)
Net deferred losses/(gains) on cash flow hedges reclassified to net income	20	(22)
Ending Balance	(1,449)
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(2,412)
Foreign currency translation adjustments	309
Net deferred gains/(losses) on net investment hedges	(51)
Net postemployment benefit gains/(losses) arising during the period	0
Reclassification of net postemployment benefit losses/(gains)	0
Net deferred gains/(losses) on cash flow hedges	0
Net deferred losses/(gains) on cash flow hedges reclassified to net income	0
Total other comprehensive income/(loss)	258
Ending Balance	(2,154)
Net Postemployment Benefit Plan Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	772
Foreign currency translation adjustments	0
Net deferred gains/(losses) on net investment hedges	0
Net postemployment benefit gains/(losses) arising during the period	(10)
Reclassification of net postemployment benefit losses/(gains)	(55)
Net deferred gains/(losses) on cash flow hedges	0
Net deferred losses/(gains) on cash flow hedges reclassified to net income	0
Total other comprehensive income/(loss)	(65)
Ending Balance	707
Net Cash Flow Hedge Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	12
Foreign currency translation adjustments	0
Net deferred gains/(losses) on net investment hedges	0
Net postemployment benefit gains/(losses) arising during the period	0
Reclassification of net postemployment benefit losses/(gains)	0
Net deferred gains/(losses) on cash flow hedges	(34)
Net deferred losses/(gains) on cash flow hedges reclassified to net income	20
Total other comprehensive income/(loss)	(14)
Ending Balance	(2)
Accumulated Other Comprehensive Income/(Losses)
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning Balance	(1,628)
Foreign currency translation adjustments	309	265
Net deferred gains/(losses) on net investment hedges	(51)	(60)
Net postemployment benefit gains/(losses) arising during the period	(10)
Reclassification of net postemployment benefit losses/(gains)	(55)	(54)
Net deferred gains/(losses) on cash flow hedges	(34)	(18)
Net deferred losses/(gains) on cash flow hedges reclassified to net income	20	$ (22)
Total other comprehensive income/(loss)	179
Ending Balance	$ (1,449)

Accumulated Other Comprehensi59

Accumulated Other Comprehensive Income/(Losses) Gross Amount and Related Tax Benefit/(Expense) Recorded in and Associated with each Component of Other Comprehensive Income/(Loss) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Accumulated Other Comprehensive Income/(Losses) [Line Items]
Foreign currency translation adjustments, net of tax	$ 307	$ 272
Net deferred gains/(losses) on net investment hedges, net of tax	(51)	(60)
Net actuarial gains/(losses) arising during the period, net of tax	(10)	0
Reclassification of net postemployment benefit losses/(gains), net of tax	(55)	(54)
Net deferred gains/(losses) on cash flow hedges, net of tax	(34)	(18)
Net deferred losses/(gains) on cash flow hedges reclassified to net income, net of tax	20	(22)
AOCI Attributable to Parent
Accumulated Other Comprehensive Income/(Losses) [Line Items]
Foreign currency translation adjustments, before tax	309	265
Foreign currency translation adjustments, tax	0	0
Foreign currency translation adjustments, net of tax	309	265
Net deferred gains/(losses) on net investment hedges, before tax	(78)	(84)
Net deferred gains/(losses) on net investment hedges, tax	27	24
Net deferred gains/(losses) on net investment hedges, net of tax	(51)	(60)
Net actuarial gains/(losses) arising during the period, before tax	(12)	0
Net actuarial gains/(losses) arising during the period, tax	2	0
Net actuarial gains/(losses) arising during the period, net of tax	(10)	0
Reclassification of net postemployment benefit losses/(gains), before tax	(90)	(88)
Reclassification of net postemployment benefit losses/(gains), tax	35	34
Reclassification of net postemployment benefit losses/(gains), net of tax	(55)	(54)
Net deferred gains/(losses) on cash flow hedges, before tax	(39)	(28)
Net deferred gains/(losses) on cash flow hedges, tax	5	10
Net deferred gains/(losses) on cash flow hedges, net of tax	(34)	(18)
Net deferred losses/(gains) on cash flow hedges reclassified to net income, before tax	17	(26)
Net deferred losses/(gains) on cash flow hedges reclassified to net income, tax	3	4
Net deferred losses/(gains) on cash flow hedges reclassified to net income, net of tax	$ 20	$ (22)

Accumulated Other Comprehensi60

Accumulated Other Comprehensive Income/(Losses) Amounts Reclassified from Accumulated Other Comprehensive Income/(Losses) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Net deferred losses/(gains) on cash flow hedges reclassified to net income, net of tax	$ 20	$ (22)
Reclassification of net postemployment benefit losses/(gains), net of tax	(55)	(54)
AOCI Attributable to Parent
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Losses/(gains) on cash flow hedges before income taxes	17	(26)
Losses/(gains) on cash flow hedges income taxes	3	4
Net deferred losses/(gains) on cash flow hedges reclassified to net income, net of tax	20	(22)
Amortization of unrecognized losses/(gains)	0	0
Amortization of prior service costs/(credits)	(90)	(82)
Settlement and curtailments losses/(gains)	0	(6)
Losses/(gains) on postemployment benefits before income taxes	(90)	(88)
Losses/(gains) on postemployment benefits income taxes	35	34
Reclassification of net postemployment benefit losses/(gains), net of tax	(55)	(54)
AOCI Attributable to Parent | Foreign exchange contracts | Net sales
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Losses/(gains) on cash flow hedges before income taxes	0	(1)
AOCI Attributable to Parent | Foreign exchange contracts | Cost of products sold
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Losses/(gains) on cash flow hedges before income taxes	1	(29)
AOCI Attributable to Parent | Foreign exchange contracts | Other expense/(income), net
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Losses/(gains) on cash flow hedges before income taxes	15	3
AOCI Attributable to Parent | Interest rate contracts | Interest expense
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Losses/(gains) on cash flow hedges before income taxes	$ 1	$ 1

Financial Instruments Outstandi

Financial Instruments Outstanding Notional Amounts (Details) - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016
Commodity contracts
Derivative [Line Items]
Derivative, notional amount	$ 641	$ 459
Foreign exchange contracts
Derivative [Line Items]
Derivative, notional amount	3,048	2,997
Cross-currency contracts
Derivative [Line Items]
Derivative, notional amount	$ 3,173	$ 3,173

Financial Instruments Fair Valu

Financial Instruments Fair Values (Details) - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	$ 682	$ 756
Derivative liability, fair value, gross liability	106	86
Commodity contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	18	28
Derivative liability, fair value, gross liability	42	7
Foreign exchange contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	35	69
Derivative liability, fair value, gross liability	23	13
Foreign exchange contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	37	35
Derivative liability, fair value, gross liability	1	30
Cross-currency contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	549	580
Derivative liability, fair value, gross liability	40	36
Cross-currency contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	43	44
Derivative liability, fair value, gross liability	0	0
Level 1
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	16	28
Derivative liability, fair value, gross liability	39	7
Level 1 | Commodity contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	16	28
Derivative liability, fair value, gross liability	39	7
Level 1 | Foreign exchange contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	0	0
Level 1 | Foreign exchange contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	0	0
Level 1 | Cross-currency contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	0	0
Level 1 | Cross-currency contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	0	0
Level 2
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	666	728
Derivative liability, fair value, gross liability	67	79
Level 2 | Commodity contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	2	0
Derivative liability, fair value, gross liability	3	0
Level 2 | Foreign exchange contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	35	69
Derivative liability, fair value, gross liability	23	13
Level 2 | Foreign exchange contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	37	35
Derivative liability, fair value, gross liability	1	30
Level 2 | Cross-currency contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	549	580
Derivative liability, fair value, gross liability	40	36
Level 2 | Cross-currency contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	43	44
Derivative liability, fair value, gross liability	0	0
Level 3
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	0	0
Level 3 | Commodity contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	0	0
Level 3 | Foreign exchange contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	0	0
Level 3 | Foreign exchange contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	0	0
Level 3 | Cross-currency contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	0	0
Level 3 | Cross-currency contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	0	0
Derivative liability, fair value, gross liability	$ 0	$ 0

Financial Instruments Additiona

Financial Instruments Additional Information (Details) € in Millions, £ in Millions, $ in Millions	3 Months Ended
	Apr. 01, 2017USD ($)	Apr. 03, 2016USD ($)	Apr. 01, 2017GBP (£)	Apr. 01, 2017USD ($)	Apr. 01, 2017EUR (€)	Dec. 31, 2016USD ($)
Derivative [Line Items]
Derivative, collateral, obligation to return cash				$ 69		$ 67
Derivative, collateral, right to reclaim cash				69		$ 67
Foreign exchange contracts | Designated as hedging instrument
Derivative [Line Items]
Derivative, term	14 months
Foreign exchange contracts | Not designated as hedging instrument
Derivative [Line Items]
Derivative, term	11 months
Cross-currency contracts | Designated as hedging instrument
Derivative [Line Items]
Derivative, term	3 years
Cross-currency contracts | Not designated as hedging instrument
Derivative [Line Items]
Derivative, term	2 years
Commodity contracts | Not designated as hedging instrument
Derivative [Line Items]
Derivative, term	18 months
Net Investment Hedging | Designated as hedging instrument
Derivative [Line Items]
Derivative liability, notional amount				$ 120
Net deferred gains/(losses) on net investment hedges, before tax	$ (44)	$ (19)
Euro Member Countries, Euro | Net Investment Hedging | Debt | Designated as hedging instrument
Derivative [Line Items]
Derivative, amount of hedged item | €					€ 2,550
United Kingdom, Pounds | Net Investment Hedging | Debt | Designated as hedging instrument
Derivative [Line Items]
Derivative, amount of hedged item | £			£ 400

Financial Instruments Net Inves

Financial Instruments Net Investment Hedging (Details) - Apr. 01, 2017 € in Millions, £ in Millions, CAD in Billions, $ in Billions	GBP (£)	USD ($)	EUR (€)	CAD
United Kingdom, Pounds | Cross-currency contracts
Derivative [Line Items]
Derivative asset, notional amount	£ 800	$ 1.4
Canada, Dollars | Cross-currency contracts
Derivative [Line Items]
Derivative asset, notional amount		$ 1.6		CAD 1.8
Net Investment Hedging | Designated as hedging instrument | Euro Member Countries, Euro | Debt
Derivative [Line Items]
Derivative, amount of hedged item | €			€ 2,550
Net Investment Hedging | Designated as hedging instrument | United Kingdom, Pounds | Debt
Derivative [Line Items]
Derivative, amount of hedged item | £	£ 400

Financial Instruments Derivativ

Financial Instruments Derivative Impact on the Statements of Income and Statements of Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Commodity contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	$ (37)	$ (18)
Foreign exchange contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(14)	(48)
Cross-currency contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(1)	(7)
Interest rate contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(1)	(1)
Designated as hedging instrument | Commodity contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	0	0
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Designated as hedging instrument | Foreign exchange contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	(43)	(27)
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(16)	27
Designated as hedging instrument | Cross-currency contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	(30)	(65)
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Designated as hedging instrument | Interest rate contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	0	0
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(1)	(1)
Not designated as hedging instrument | Commodity contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(37)	(18)
Not designated as hedging instrument | Foreign exchange contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	2	(75)
Not designated as hedging instrument | Cross-currency contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(1)	(7)
Not designated as hedging instrument | Interest rate contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Not designated as hedging instrument | Cost of products sold | Commodity contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(37)	(18)
Not designated as hedging instrument | Cost of products sold | Foreign exchange contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Not designated as hedging instrument | Cost of products sold | Cross-currency contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Not designated as hedging instrument | Cost of products sold | Interest rate contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Not designated as hedging instrument | Other income/(expense), net | Commodity contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Not designated as hedging instrument | Other income/(expense), net | Foreign exchange contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	2	(75)
Not designated as hedging instrument | Other income/(expense), net | Cross-currency contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(1)	(7)
Not designated as hedging instrument | Other income/(expense), net | Interest rate contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Commodity contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	0	0
Cash Flow Hedging | Designated as hedging instrument | Foreign exchange contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	(39)	(27)
Cash Flow Hedging | Designated as hedging instrument | Cross-currency contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	0	0
Cash Flow Hedging | Designated as hedging instrument | Interest rate contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	0	0
Cash Flow Hedging | Designated as hedging instrument | Net sales | Commodity contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Net sales | Foreign exchange contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	1
Cash Flow Hedging | Designated as hedging instrument | Net sales | Cross-currency contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Net sales | Interest rate contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Cost of products sold | Commodity contracts
Derivative Instruments Gain Loss [Line Items]
Net gain/(loss) recognized in income (effective portion)	0	0
Cash Flow Hedging | Designated as hedging instrument | Cost of products sold | Foreign exchange contracts
Derivative Instruments Gain Loss [Line Items]
Net gain/(loss) recognized in income (effective portion)	(1)	29
Cash Flow Hedging | Designated as hedging instrument | Cost of products sold | Cross-currency contracts
Derivative Instruments Gain Loss [Line Items]
Net gain/(loss) recognized in income (effective portion)	0	0
Cash Flow Hedging | Designated as hedging instrument | Cost of products sold | Interest rate contracts
Derivative Instruments Gain Loss [Line Items]
Net gain/(loss) recognized in income (effective portion)	0	0
Cash Flow Hedging | Designated as hedging instrument | Other income/(expense), net | Commodity contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Other income/(expense), net | Foreign exchange contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(15)	(3)
Cash Flow Hedging | Designated as hedging instrument | Other income/(expense), net | Cross-currency contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Other income/(expense), net | Interest rate contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Interest expense | Commodity contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Interest expense | Foreign exchange contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Interest expense | Cross-currency contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	0	0
Cash Flow Hedging | Designated as hedging instrument | Interest expense | Interest rate contracts
Derivatives not designated as hedging instruments:
Total amount recognized in statements of income	(1)	(1)
Net Investment Hedging | Designated as hedging instrument | Commodity contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	0	0
Net Investment Hedging | Designated as hedging instrument | Foreign exchange contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	(4)	0
Net Investment Hedging | Designated as hedging instrument | Cross-currency contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	(30)	(65)
Net Investment Hedging | Designated as hedging instrument | Interest rate contracts
Derivative Instruments Gain Loss [Line Items]
Net gains recognized in other comprehensive loss (effective portion)	$ 0	$ 0

Financing Arrangements Addition

Financing Arrangements Additional Information (Details) - USD ($)	Apr. 01, 2017	Feb. 21, 2017	Dec. 31, 2016	May 31, 2016
Transfers and Servicing [Abstract]
Aggregate amount of accounts receivable factoring programs, excluding U.S. securitization program	$ 193,000,000		$ 245,000,000
Amount of amended U.S. securitization program		$ 500,000,000		$ 800,000,000
Receivables derecognized under accounts receivable factoring programs	616,000,000		904,000,000
Fair value of deferred purchase price for accounts receivable factoring programs	$ 588,000,000		$ 129,000,000

Venezuela - Foreign Currency 67

Venezuela - Foreign Currency and Inflation Additional Information (Details) $ in Millions	3 Months Ended
	Apr. 01, 2017USD ($)exchange_rateVEF / $	Mar. 09, 2016VEF / $
Foreign Currency [Line Items]
Number of exchange rates legally available to us in Venezuela | exchange_rate	2
Outstanding requests for currency settlements at the official exchange rate | $	$ 26
Foreign currency translation loss/(gain) | $	$ 8
Official CENCOEX BsF Rate
Foreign Currency [Line Items]
Foreign currency exchange rate, translation	10	6.30
Venezuelan BsF on DICOM market, year-to-date average
Foreign Currency [Line Items]
Foreign currency exchange rate, translation	694
Venezuelan BsF on DICOM market, period end spot
Foreign Currency [Line Items]
Foreign currency exchange rate, translation	710
Minimum | Venezuelan BsF on DICOM market, period end spot
Foreign Currency [Line Items]
Foreign currency exchange rate, translation	674
Maximum | Venezuelan BsF on DICOM market, period end spot
Foreign Currency [Line Items]
Foreign currency exchange rate, translation	710

Commitments, Contingencies an68

Commitments, Contingencies and Debt Borrowing Arrangements (Details) - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
Commercial paper	$ 900	$ 642

Commitments, Contingencies an69

Commitments, Contingencies and Debt Fair Value of Debt (Details) - USD ($) $ in Billions	Apr. 01, 2017	Dec. 31, 2016
Debt Disclosure [Abstract]
Fair value of total debt	$ 33.4	$ 33.2
Carrying value of total debt	$ 32.7	$ 32.4

Commitments, Contingencies an70

Commitments, Contingencies and Debt Series A Preferred Stock (Details)	Jun. 07, 2013
Nine point zero zero percent cumulative compounding preferred stock, Series A | Berkshire Hathaway
Preferred Units [Line Items]
9.00% cumulative compounding preferred stock, Series A, dividend percentage	9.00%

Earnings Per Share Basic and Di

Earnings Per Share Basic and Diluted (Loss)/Earnings Per Common Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Basic EPS
Net income/(loss) attributable to common shareholders	$ 893	$ 896
Weighted average shares of common stock outstanding (in shares)	1,217	1,215
Basic earnings/(loss) per share (in dollars per share)	$ 0.73	$ 0.74
Diluted EPS
Net earnings/(loss) attributable to common shareholders	$ 893	$ 896
Effect of dilutive stock options on basic earnings/(loss) per common share (in shares)	12	10
Weighted average shares of common stock, including dilutive effect (in shares)	1,229	1,225
Diluted earnings/(loss) per share (in dollars per share)	$ 0.73	$ 0.73

Earnings Per Share Additional I

Earnings Per Share Additional Information (Details) - shares shares in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Earnings Per Share [Abstract]
Anti-dilutive shares	1	3

Segment Reporting Additional In

Segment Reporting Additional Information (Details)	3 Months Ended
	Apr. 01, 2017segment
Segment Reporting [Abstract]
Number of segments	4
Number of reportable segments	3
Number of operating segments in Rest of World reportable segment	2

Segment Reporting Net Sales by

Segment Reporting Net Sales by Segment (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Segment Reporting Information [Line Items]
Net sales	$ 6,364	$ 6,570
United States
Segment Reporting Information [Line Items]
Net sales	4,552	4,715
Canada
Segment Reporting Information [Line Items]
Net sales	443	504
Europe
Segment Reporting Information [Line Items]
Net sales	543	583
Rest of World
Segment Reporting Information [Line Items]
Net sales	$ 826	$ 768

Segment Reporting Segment Adjus

Segment Reporting Segment Adjusted EBITDA (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Segment Reporting Information [Line Items]
General corporate expenses	$ (29)	$ (39)
Depreciation and amortization (excluding integration and restructuring expenses)	(132)	(161)
Integration and restructuring expenses	(148)	(260)
Merger costs	0	(15)
Unrealized gains/(losses) on commodity hedges	(42)	8
Nonmonetary currency devaluation	0	(1)
Equity award compensation expense (excluding integration and restructuring expenses)	(12)	(9)
Operating income	1,551	1,513
Interest expense	313	249
Other expense/(income), net	(12)	(8)
Income/(loss) before income taxes	1,250	1,272
United States
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	1,472	1,493
Canada
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	126	151
Europe
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	170	180
Rest of World
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	$ 146	$ 166

Segment Reporting Net Sales b76

Segment Reporting Net Sales by Product (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Revenue from External Customer [Line Items]
Net sales	$ 6,364	$ 6,570
Condiments and sauces
Revenue from External Customer [Line Items]
Net sales	1,513	1,564
Cheese and dairy
Revenue from External Customer [Line Items]
Net sales	1,299	1,366
Ambient meals
Revenue from External Customer [Line Items]
Net sales	583	590
Frozen and chilled meals
Revenue from External Customer [Line Items]
Net sales	653	627
Meats and seafood
Revenue from External Customer [Line Items]
Net sales	660	696
Refreshment beverages
Revenue from External Customer [Line Items]
Net sales	372	408
Coffee
Revenue from External Customer [Line Items]
Net sales	350	383
Infant and nutrition
Revenue from External Customer [Line Items]
Net sales	188	190
Desserts, toppings and baking
Revenue from External Customer [Line Items]
Net sales	196	210
Nuts and salted snacks
Revenue from External Customer [Line Items]
Net sales	232	260
Other
Revenue from External Customer [Line Items]
Net sales	$ 318	$ 276

Supplemental Financial Inform77

Supplemental Financial Information Condensed Consolidating Statements of Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Condensed Income Statements, Captions [Line Items]
Net sales	$ 6,364	$ 6,570
Cost of products sold	4,063	4,192
Gross profit	2,301	2,378
Selling, general and administrative expenses	750	865
Intercompany service fees and other recharges	0	0
Operating income	1,551	1,513
Interest expense	313	249
Other expense/(income), net	(12)	(8)
Income/(loss) before income taxes	1,250	1,272
Provision for/(benefit from) income taxes	359	372
Equity in earnings of subsidiaries	0	0
Net income/(loss)	891	900
Net income/(loss) attributable to noncontrolling interest	(2)	4
Net income/(loss) excluding noncontrolling interest	893	896
Comprehensive income/(loss) excluding noncontrolling interest	1,072	1,007
Eliminations
Condensed Income Statements, Captions [Line Items]
Net sales	(162)	(142)
Cost of products sold	(162)	(142)
Gross profit	0	0
Selling, general and administrative expenses	0	0
Intercompany service fees and other recharges	0	0
Operating income	0	0
Interest expense	0	0
Other expense/(income), net	0	0
Income/(loss) before income taxes	0	0
Provision for/(benefit from) income taxes	0	0
Equity in earnings of subsidiaries	(1,740)	(1,852)
Net income/(loss)	(1,740)	(1,852)
Net income/(loss) attributable to noncontrolling interest	0	0
Net income/(loss) excluding noncontrolling interest	(1,740)	(1,852)
Comprehensive income/(loss) excluding noncontrolling interest	(2,914)	(2,156)
Parent Guarantor | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Net sales	0	0
Cost of products sold	0	0
Gross profit	0	0
Selling, general and administrative expenses	0	0
Intercompany service fees and other recharges	0	0
Operating income	0	0
Interest expense	0	0
Other expense/(income), net	0	0
Income/(loss) before income taxes	0	0
Provision for/(benefit from) income taxes	0	0
Equity in earnings of subsidiaries	893	896
Net income/(loss)	893	896
Net income/(loss) attributable to noncontrolling interest	0	0
Net income/(loss) excluding noncontrolling interest	893	896
Comprehensive income/(loss) excluding noncontrolling interest	1,072	1,007
Subsidiary Issuer | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Net sales	4,360	4,471
Cost of products sold	2,714	2,832
Gross profit	1,646	1,639
Selling, general and administrative expenses	184	277
Intercompany service fees and other recharges	1,108	1,214
Operating income	354	148
Interest expense	303	235
Other expense/(income), net	17	31
Income/(loss) before income taxes	34	(118)
Provision for/(benefit from) income taxes	(12)	(58)
Equity in earnings of subsidiaries	847	956
Net income/(loss)	893	896
Net income/(loss) attributable to noncontrolling interest	0	0
Net income/(loss) excluding noncontrolling interest	893	896
Comprehensive income/(loss) excluding noncontrolling interest	1,072	1,007
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Net sales	2,166	2,241
Cost of products sold	1,511	1,502
Gross profit	655	739
Selling, general and administrative expenses	566	588
Intercompany service fees and other recharges	(1,108)	(1,214)
Operating income	1,197	1,365
Interest expense	10	14
Other expense/(income), net	(29)	(39)
Income/(loss) before income taxes	1,216	1,390
Provision for/(benefit from) income taxes	371	430
Equity in earnings of subsidiaries	0	0
Net income/(loss)	845	960
Net income/(loss) attributable to noncontrolling interest	(2)	4
Net income/(loss) excluding noncontrolling interest	847	956
Comprehensive income/(loss) excluding noncontrolling interest	$ 1,842	$ 1,149

Supplemental Financial Inform78

Supplemental Financial Information Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	$ 3,242	$ 4,204
Trade receivables	886	769
Receivables due from affiliates	0	0
Dividends due from affiliates	0	0
Sold receivables	588	129
Inventories	3,151	2,684
Short-term lending due from affiliates	0	0
Other current assets	1,008	967
Total current assets	8,875	8,753
Property, plant and equipment, net	6,693	6,688
Goodwill	44,300	44,125
Investments in subsidiaries	0	0
Intangible assets, net	59,330	59,297
Long-term lending due from affiliates	0	0
Other assets	1,604	1,617
TOTAL ASSETS	120,802	120,480
Commercial paper and other short-term debt	909	645
Current portion of long-term debt	2,023	2,046
Short-term lending due to affiliates	0	0
Trade payables	3,936	3,996
Payables due to affiliates	0	0
Accrued marketing	599	749
Accrued postemployment costs	157	157
Income taxes payable	424	255
Interest payable	346	415
Dividends due to affiliates	0	0
Other current liabilities	989	1,238
Total current liabilities	9,383	9,501
Long-term debt	29,748	29,713
Long-term borrowings due to affiliates	0	0
Deferred income taxes	20,910	20,848
Accrued postemployment costs	2,016	2,038
Other liabilities	801	806
TOTAL LIABILITIES	62,858	62,906
Total shareholders' equity	57,732	57,358
Noncontrolling interest	212	216
TOTAL EQUITY	57,944	57,574
TOTAL LIABILITIES AND EQUITY	120,802	120,480
Eliminations
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	0	0
Trade receivables	0	0
Receivables due from affiliates	(1,028)	(823)
Dividends due from affiliates	(32)	(39)
Sold receivables	0	0
Inventories	0	0
Short-term lending due from affiliates	(4,854)	(4,678)
Other current assets	(1,585)	(1,709)
Total current assets	(7,499)	(7,249)
Property, plant and equipment, net	0	0
Goodwill	0	0
Investments in subsidiaries	(129,206)	(128,235)
Intangible assets, net	0	0
Long-term lending due from affiliates	(3,700)	(3,700)
Other assets	0	0
TOTAL ASSETS	(140,405)	(139,184)
Commercial paper and other short-term debt	0	0
Current portion of long-term debt	0	0
Short-term lending due to affiliates	(4,854)	(4,678)
Trade payables	0	0
Payables due to affiliates	(1,028)	(823)
Accrued marketing	0	0
Accrued postemployment costs	0	0
Income taxes payable	(1,585)	(1,709)
Interest payable	0	0
Dividends due to affiliates	(32)	(39)
Other current liabilities	0	0
Total current liabilities	(7,499)	(7,249)
Long-term debt	0	0
Long-term borrowings due to affiliates	(3,917)	(3,902)
Deferred income taxes	0	0
Accrued postemployment costs	0	0
Other liabilities	0	0
TOTAL LIABILITIES	(11,416)	(11,151)
Total shareholders' equity	(128,989)	(128,033)
Noncontrolling interest	0	0
TOTAL EQUITY	(128,989)	(128,033)
TOTAL LIABILITIES AND EQUITY	(140,405)	(139,184)
Parent Guarantor | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	0	0
Trade receivables	0	0
Receivables due from affiliates	0	0
Dividends due from affiliates	32	39
Sold receivables	0	0
Inventories	0	0
Short-term lending due from affiliates	0	0
Other current assets	0	0
Total current assets	32	39
Property, plant and equipment, net	0	0
Goodwill	0	0
Investments in subsidiaries	57,732	57,358
Intangible assets, net	0	0
Long-term lending due from affiliates	0	0
Other assets	0	0
TOTAL ASSETS	57,764	57,397
Commercial paper and other short-term debt	0	0
Current portion of long-term debt	0	0
Short-term lending due to affiliates	0	0
Trade payables	0	0
Payables due to affiliates	0	0
Accrued marketing	0	0
Accrued postemployment costs	0	0
Income taxes payable	0	0
Interest payable	0	0
Dividends due to affiliates	0	0
Other current liabilities	32	39
Total current liabilities	32	39
Long-term debt	0	0
Long-term borrowings due to affiliates	0	0
Deferred income taxes	0	0
Accrued postemployment costs	0	0
Other liabilities	0	0
TOTAL LIABILITIES	32	39
Total shareholders' equity	57,732	57,358
Noncontrolling interest	0	0
TOTAL EQUITY	57,732	57,358
TOTAL LIABILITIES AND EQUITY	57,764	57,397
Subsidiary Issuer | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	1,929	2,830
Trade receivables	30	12
Receivables due from affiliates	808	712
Dividends due from affiliates	0	0
Sold receivables	0	0
Inventories	2,074	1,759
Short-term lending due from affiliates	1,792	1,722
Other current assets	2,366	2,229
Total current assets	8,999	9,264
Property, plant and equipment, net	4,424	4,447
Goodwill	11,067	11,067
Investments in subsidiaries	71,474	70,877
Intangible assets, net	3,329	3,364
Long-term lending due from affiliates	1,700	1,700
Other assets	602	501
TOTAL ASSETS	101,595	101,220
Commercial paper and other short-term debt	900	642
Current portion of long-term debt	2,012	2,032
Short-term lending due to affiliates	3,062	2,956
Trade payables	2,366	2,376
Payables due to affiliates	220	111
Accrued marketing	165	277
Accrued postemployment costs	144	144
Income taxes payable	0	0
Interest payable	340	401
Dividends due to affiliates	32	39
Other current liabilities	378	588
Total current liabilities	9,619	9,566
Long-term debt	28,762	28,736
Long-term borrowings due to affiliates	2,000	2,000
Deferred income taxes	1,367	1,382
Accrued postemployment costs	1,728	1,754
Other liabilities	387	424
TOTAL LIABILITIES	43,863	43,862
Total shareholders' equity	57,732	57,358
Noncontrolling interest	0	0
TOTAL EQUITY	57,732	57,358
TOTAL LIABILITIES AND EQUITY	101,595	101,220
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	1,313	1,374
Trade receivables	856	757
Receivables due from affiliates	220	111
Dividends due from affiliates	0	0
Sold receivables	588	129
Inventories	1,077	925
Short-term lending due from affiliates	3,062	2,956
Other current assets	227	447
Total current assets	7,343	6,699
Property, plant and equipment, net	2,269	2,241
Goodwill	33,233	33,058
Investments in subsidiaries	0	0
Intangible assets, net	56,001	55,933
Long-term lending due from affiliates	2,000	2,000
Other assets	1,002	1,116
TOTAL ASSETS	101,848	101,047
Commercial paper and other short-term debt	9	3
Current portion of long-term debt	11	14
Short-term lending due to affiliates	1,792	1,722
Trade payables	1,570	1,620
Payables due to affiliates	808	712
Accrued marketing	434	472
Accrued postemployment costs	13	13
Income taxes payable	2,009	1,964
Interest payable	6	14
Dividends due to affiliates	0	0
Other current liabilities	579	611
Total current liabilities	7,231	7,145
Long-term debt	986	977
Long-term borrowings due to affiliates	1,917	1,902
Deferred income taxes	19,543	19,466
Accrued postemployment costs	288	284
Other liabilities	414	382
TOTAL LIABILITIES	30,379	30,156
Total shareholders' equity	71,257	70,675
Noncontrolling interest	212	216
TOTAL EQUITY	71,469	70,891
TOTAL LIABILITIES AND EQUITY	$ 101,848	$ 101,047

Supplemental Financial Inform79

Supplemental Financial Information Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 01, 2017	Apr. 03, 2016
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	$ (151)	$ 270
Capital expenditures	(368)	(303)
Net proceeds from/(payments on) intercompany lending activities	0	0
Return of capital	0	0
Other investing activities, net	38	10
Net cash provided by/(used for) investing activities	(330)	(293)
Proceeds from issuance of commercial paper	2,324	0
Repayments of commercial paper	(2,068)	0
Net proceeds from/(payments on) intercompany borrowing activities	0	0
Dividends paid-common stock	(736)	(667)
Other intercompany capital stock transactions	0
Other financing activities, net	(25)	40
Net cash provided by/(used for) financing activities	(505)	(627)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	13	44
Net increase/(decrease)	(973)	(606)
Balance at beginning of period	4,255	4,912
Balance at end of period	3,282	4,306
Eliminations
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	(736)	0
Capital expenditures	0	0
Net proceeds from/(payments on) intercompany lending activities	71	(737)
Return of capital	(7)	(667)
Other investing activities, net	0	0
Net cash provided by/(used for) investing activities	64	(1,404)
Proceeds from issuance of commercial paper	0
Repayments of commercial paper	0
Net proceeds from/(payments on) intercompany borrowing activities	(71)	737
Dividends paid-common stock	736	667
Other intercompany capital stock transactions	7
Other financing activities, net	0	0
Net cash provided by/(used for) financing activities	672	1,404
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	0	0
Net increase/(decrease)	0	0
Balance at beginning of period	0	0
Balance at end of period	0	0
Parent Guarantor | Reportable Legal Entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	736	0
Capital expenditures	0	0
Net proceeds from/(payments on) intercompany lending activities	0	0
Return of capital	7	667
Other investing activities, net	0	0
Net cash provided by/(used for) investing activities	7	667
Proceeds from issuance of commercial paper	0
Repayments of commercial paper	0
Net proceeds from/(payments on) intercompany borrowing activities	0	0
Dividends paid-common stock	(736)	(667)
Other intercompany capital stock transactions	0
Other financing activities, net	(7)	0
Net cash provided by/(used for) financing activities	(743)	(667)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	0	0
Net increase/(decrease)	0	0
Balance at beginning of period	0	0
Balance at end of period	0	0
Subsidiary Issuer | Reportable Legal Entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	(304)	166
Capital expenditures	(203)	(242)
Net proceeds from/(payments on) intercompany lending activities	(4)	423
Return of capital	0	0
Other investing activities, net	44	13
Net cash provided by/(used for) investing activities	(163)	194
Proceeds from issuance of commercial paper	2,324
Repayments of commercial paper	(2,068)
Net proceeds from/(payments on) intercompany borrowing activities	67	(314)
Dividends paid-common stock	(736)	(667)
Other intercompany capital stock transactions	(7)
Other financing activities, net	(21)	25
Net cash provided by/(used for) financing activities	(441)	(956)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	0	0
Net increase/(decrease)	(908)	(596)
Balance at beginning of period	2,869	3,253
Balance at end of period	1,961	2,657
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	153	104
Capital expenditures	(165)	(61)
Net proceeds from/(payments on) intercompany lending activities	(67)	314
Return of capital	0	0
Other investing activities, net	(6)	(3)
Net cash provided by/(used for) investing activities	(238)	250
Proceeds from issuance of commercial paper	0
Repayments of commercial paper	0
Net proceeds from/(payments on) intercompany borrowing activities	4	(423)
Dividends paid-common stock	0	0
Other intercompany capital stock transactions	0
Other financing activities, net	3	15
Net cash provided by/(used for) financing activities	7	(408)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	13	44
Net increase/(decrease)	(65)	(10)
Balance at beginning of period	1,386	1,659
Balance at end of period	$ 1,321	$ 1,649

Supplemental Financial Inform80

Supplemental Financial Information Reconciliation From Cash and Cash Equivalents to Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Millions	Apr. 01, 2017	Dec. 31, 2016	Apr. 03, 2016	Jan. 03, 2016
Schedule of Cash, Cash Equivalents, and Restricted Cash [Line Items]
Cash and cash equivalents	$ 3,242	$ 4,204
Restricted cash included in other assets (current)	36	42
Restricted cash included in other assets (noncurrent)	4	9
Cash, cash equivalents, and restricted cash	3,282	4,255	$ 4,306	$ 4,912
Eliminations
Schedule of Cash, Cash Equivalents, and Restricted Cash [Line Items]
Cash and cash equivalents	0	0
Restricted cash included in other assets (current)	0	0
Restricted cash included in other assets (noncurrent)	0	0
Cash, cash equivalents, and restricted cash	0	0	0	0
Parent Guarantor | Reportable Legal Entities
Schedule of Cash, Cash Equivalents, and Restricted Cash [Line Items]
Cash and cash equivalents	0	0
Restricted cash included in other assets (current)	0	0
Restricted cash included in other assets (noncurrent)	0	0
Cash, cash equivalents, and restricted cash	0	0	0	0
Subsidiary Issuer | Reportable Legal Entities
Schedule of Cash, Cash Equivalents, and Restricted Cash [Line Items]
Cash and cash equivalents	1,929	2,830
Restricted cash included in other assets (current)	32	39
Restricted cash included in other assets (noncurrent)	0	0
Cash, cash equivalents, and restricted cash	1,961	2,869	2,657	3,253
Non-Guarantor Subsidiaries | Reportable Legal Entities
Schedule of Cash, Cash Equivalents, and Restricted Cash [Line Items]
Cash and cash equivalents	1,313	1,374
Restricted cash included in other assets (current)	4	3
Restricted cash included in other assets (noncurrent)	4	9
Cash, cash equivalents, and restricted cash	$ 1,321	$ 1,386	$ 1,649	$ 1,659