The Kraft Heinz Company (KHC) 10-Q 31 Oct 19 2019 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 28, 2019	Oct. 26, 2019
Cover page.
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 28, 2019
Document Transition Report	false
Entity File Number	001-37482
Entity Registrant Name	Kraft Heinz Co
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	46-2078182
Entity Address, Address Line One	One PPG Place,
Entity Address, City or Town	Pittsburgh,
Entity Address, State or Province	PA
Entity Address, Postal Zip Code	15222
City Area Code	412
Local Phone Number	456-5700
Title of 12(b) Security	Common stock, $0.01 par value
Trading Symbol	KHC
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		1,221,160,646
Amendment Flag	false
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	Q3
Entity Central Index Key	0001637459
Current Fiscal Year End Date	--12-28

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Income Statement [Abstract]
Net sales	$ 6,076	$ 6,383	$ 18,441	$ 19,377
Cost of products sold	4,129	4,289	12,401	12,672
Gross profit	1,947	2,094	6,040	6,705
Selling, general and administrative expenses, excluding impairment losses	762	803	2,341	2,323
Goodwill impairment losses	0	0	744	133
Intangible asset impairment losses	5	217	479	318
Selling, general and administrative expenses	767	1,020	3,564	2,774
Operating income/(loss)	1,180	1,074	2,476	3,931
Interest expense	398	326	1,035	959
Other expense/(income)	(380)	(71)	(893)	(181)
Income/(loss) before income taxes	1,162	819	2,334	3,153
Provision for/(benefit from) income taxes	264	201	584	779
Net income/(loss)	898	618	1,750	2,374
Net income/(loss) attributable to noncontrolling interest	(1)	(1)	(3)	(2)
Net income/(loss) attributable to common shareholders	$ 899	$ 619	$ 1,753	$ 2,376
Per share data applicable to common shareholders:
Basic earnings/(loss) per share (in dollars per share)	$ 0.74	$ 0.51	$ 1.44	$ 1.95
Diluted earnings/(loss) per share (in dollars per share)	$ 0.74	$ 0.50	$ 1.43	$ 1.94

Condensed Consolidated Statem_2

Condensed Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Statement of Comprehensive Income [Abstract]
Net income/(loss)	$ 898	$ 618	$ 1,750	$ 2,374
Other comprehensive income/(loss), net of tax:
Foreign currency translation adjustments	(407)	(144)	(257)	(809)
Net deferred gains/(losses) on net investment hedges	151	13	147	158
Amounts excluded from the effectiveness assessment of net investment hedges	6	3	16	3
Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss)	(6)	(2)	(10)	(2)
Net deferred gains/(losses) on cash flow hedges	50	(16)	24	40
Amounts excluded from the effectiveness assessment of cash flow hedges	8	0	21	0
Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss)	(50)	12	(55)	(10)
Net actuarial gains/(losses) arising during the period	(9)	17	(14)	70
Net postemployment benefit losses/(gains) reclassified to net income/(loss)	(59)	(58)	(176)	(133)
Total other comprehensive income/(loss)	(316)	(175)	(304)	(683)
Total comprehensive income/(loss)	582	443	1,446	1,691
Comprehensive income/(loss) attributable to noncontrolling interest	2	(3)	12	(15)
Comprehensive income/(loss) attributable to common shareholders	$ 580	$ 446	$ 1,434	$ 1,706

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 28, 2019	Dec. 29, 2018
ASSETS
Cash and cash equivalents	$ 2,315	$ 1,130
Trade receivables (net of allowances of $35 at September 28, 2019 and $24 at December 29, 2018)	1,959	2,129
Income taxes receivable	119	152
Inventories	3,158	2,667
Prepaid expenses	415	400
Other current assets	1,124	1,221
Assets held for sale	35	1,376
Total current assets	9,125	9,075
Property, plant and equipment, net	6,926	7,078
Goodwill	35,826	36,503
Intangible assets, net	48,714	49,468
Other non-current assets	2,231	1,337
TOTAL ASSETS	102,822	103,461
LIABILITIES AND EQUITY
Commercial paper and other short-term debt	15	21
Current portion of long-term debt	2,545	377
Trade payables	4,156	4,153
Accrued marketing	458	722
Interest payable	278	408
Other current liabilities	1,658	1,767
Liabilities held for sale	2	55
Total current liabilities	9,112	7,503
Long-term debt	28,112	30,770
Deferred income taxes	12,010	12,202
Accrued postemployment costs	315	306
Other non-current liabilities	1,467	902
TOTAL LIABILITIES	51,016	51,683
Commitments and Contingencies (Note 17)
Redeemable noncontrolling interest	2	3
Equity:
Common stock, $0.01 par value (5,000 shares authorized; 1,224 shares issued and 1,221 shares outstanding at September 28, 2019; 1,224 shares issued and 1,220 shares outstanding at December 29, 2018)	12	12
Additional paid-in capital	57,293	58,723
Retained earnings/(deficit)	(3,241)	(4,853)
Accumulated other comprehensive income/(losses)	(2,126)	(1,943)
Treasury stock, at cost (3 shares at September 28, 2019 and 4 shares at December 29, 2018)	(265)	(282)
Total shareholders' equity	51,673	51,657
Noncontrolling interest	131	118
TOTAL EQUITY	51,804	51,775
TOTAL LIABILITIES AND EQUITY	$ 102,822	$ 103,461

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Millions	Sep. 28, 2019	Dec. 29, 2018	Sep. 29, 2018
Statement of Financial Position [Abstract]
Trade receivables, allowances	$ 0	$ 24	$ 24
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01	$ 0.01
Common stock, shares authorized	5,000,000,000	5,000,000,000	5,000,000,000
Common stock, shares issued	0	1,224,000,000	1,222,000,000
Common stock, shares outstanding	0	1,220,000,000	1,219,000,000
Treasury stock, shares	0	4,000,000	3,000,000

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common Stock	Additional Paid-in Capital	Retained Earnings/(Deficit)	Accumulated Other Comprehensive Income/(Losses)	Treasury Stock, at Cost	Noncontrolling Interest
Beginning balance at Dec. 30, 2017	$ 66,070	$ 12	$ 58,634	$ 8,495	$ (1,054)	$ (224)	$ 207
Total Shareholders' Equity [Roll forward]
Net income/(loss) excluding redeemable noncontrolling interest	1,008			1,003			5
Other comprehensive income/(loss)	74				79		(5)
Dividends declared-common stock	(762)			(762)
Cumulative effect of accounting standards adopted in the period	(95)			(95)
Exercise of stock options, issuance of other stock awards, and other	(1)		22	(7)		(16)
Ending balance at Mar. 31, 2018	$ 66,294	12	58,656	8,634	(975)	(240)	207
Dividends Declared, Per Share [Abstract]
Common stock dividends declared (in dollars per share)	$ 0.625
Beginning balance at Dec. 30, 2017	$ 66,070	12	58,634	8,495	(1,054)	(224)	207
Total Shareholders' Equity [Roll forward]
Other comprehensive income/(loss)	(683)
Ending balance at Sep. 29, 2018	65,407	12	58,716	8,479	(1,724)	(264)	188
Beginning balance at Mar. 31, 2018	66,294	12	58,656	8,634	(975)	(240)	207
Total Shareholders' Equity [Roll forward]
Net income/(loss) excluding redeemable noncontrolling interest	754			754
Other comprehensive income/(loss)	(582)				(576)		(6)
Dividends declared-common stock	(762)			(762)
Exercise of stock options, issuance of other stock awards, and other	4		33	(2)		(14)	(13)
Ending balance at Jun. 30, 2018	$ 65,708	12	58,689	8,624	(1,551)	(254)	188
Dividends Declared, Per Share [Abstract]
Common stock dividends declared (in dollars per share)	$ 0.625
Net income/(loss) excluding redeemable noncontrolling interest	$ 621			619			2
Other comprehensive income/(loss)	(175)				(173)		(2)
Dividends declared-common stock	(762)			(762)
Cumulative effect of accounting standards adopted in the period	(2)			(2)
Exercise of stock options, issuance of other stock awards, and other	17		27			(10)
Ending balance at Sep. 29, 2018	$ 65,407	12	58,716	8,479	(1,724)	(264)	188
Dividends Declared, Per Share [Abstract]
Common stock dividends declared (in dollars per share)	$ 0.625
Beginning balance at Dec. 29, 2018	$ 51,775	12	58,723	(4,853)	(1,943)	(282)	118
Total Shareholders' Equity [Roll forward]
Net income/(loss) excluding redeemable noncontrolling interest	405			405
Other comprehensive income/(loss)	135				123		12
Dividends declared-common stock	(488)		(488)
Cumulative effect of accounting standards adopted in the period	0			(136)	136
Exercise of stock options, issuance of other stock awards, and other	6		17	(2)		(9)
Ending balance at Mar. 30, 2019	$ 51,833	12	58,252	(4,586)	(1,684)	(291)	130
Dividends Declared, Per Share [Abstract]
Common stock dividends declared (in dollars per share)	$ 0.4
Beginning balance at Dec. 29, 2018	$ 51,775	12	58,723	(4,853)	(1,943)	(282)	118
Total Shareholders' Equity [Roll forward]
Other comprehensive income/(loss)	(304)
Ending balance at Sep. 28, 2019	51,804	12	57,293	(3,241)	(2,126)	(265)	131
Beginning balance at Mar. 30, 2019	51,833	12	58,252	(4,586)	(1,684)	(291)	130
Total Shareholders' Equity [Roll forward]
Net income/(loss) excluding redeemable noncontrolling interest	449			449
Other comprehensive income/(loss)	(123)				(123)
Dividends declared-common stock	(488)		(488)
Exercise of stock options, issuance of other stock awards, and other	4		5	(3)			2
Ending balance at Jun. 29, 2019	$ 51,675	12	57,769	(4,140)	(1,807)	(291)	132
Dividends Declared, Per Share [Abstract]
Common stock dividends declared (in dollars per share)	$ 0.4
Net income/(loss) excluding redeemable noncontrolling interest	$ 894			899			(5)
Other comprehensive income/(loss)	(316)				(319)		3
Dividends declared-common stock	(491)		(491)
Exercise of stock options, issuance of other stock awards, and other	42		15	0		(26)	1
Ending balance at Sep. 28, 2019	$ 51,804	$ 12	$ 57,293	$ (3,241)	$ (2,126)	$ (265)	$ 131
Dividends Declared, Per Share [Abstract]
Common stock dividends declared (in dollars per share)	$ 400

Condensed Consolidated Statem_4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income/(loss)	$ 1,750	$ 2,374
Adjustments to reconcile net income/(loss) to operating cash flows:
Depreciation and amortization	737	712
Amortization of postretirement benefit plans prior service costs/(credits)	(229)	(261)
Equity award compensation expense	26	44
Deferred income tax provision/(benefit)	(140)	104
Postemployment benefit plan contributions	(23)	(64)
Goodwill and intangible asset impairment losses	1,223	451
Nonmonetary currency devaluation	10	131
Loss/(gain) on sale of business	(490)	15
Other items, net	(34)	20
Changes in current assets and liabilities:
Trade receivables	138	(2,154)
Inventories	(637)	(645)
Accounts payable	113	130
Other current assets	(73)	(103)
Other current liabilities	(381)	124
Net cash provided by/(used for) operating activities	1,990	878
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash receipts on sold receivables	0	1,296
Capital expenditures	(581)	(594)
Payments to acquire business, net of cash acquired	(199)	(248)
Proceeds from sale of business, net of cash disposed	1,875	18
Other investing activities, net	16	13
Net cash provided by/(used for) investing activities	1,111	485
CASH FLOWS FROM FINANCING ACTIVITIES:
Repayments of long-term debt	(3,272)	(2,706)
Proceeds from issuance of long-term debt	2,967	2,990
Debt prepayment and extinguishment costs	(91)	0
Proceeds from issuance of commercial paper	377	2,485
Repayments of commercial paper	(377)	(1,950)
Dividends paid	(1,464)	(2,421)
Other financing activities, net	(21)	(35)
Net cash provided by/(used for) financing activities	(1,881)	(1,637)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(40)	(128)
Cash, cash equivalents, and restricted cash
Net increase/(decrease)	1,180	(402)
Balance at beginning of period	1,136	1,769
Balance at end of period	2,316	1,367
Non-cash investing activities:
Beneficial interest obtained in exchange for securitized trade receivables	$ 0	$ 938

Basis of Presentation (Notes)

Basis of Presentation (Notes)	9 Months Ended
	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Accounting	Basis of Presentation 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 fairly state our results for the periods presented. The condensed consolidated balance sheet data at December 29, 2018 was derived from audited financial statements, but does not include all disclosures required by U.S. GAAP. These statements should be read in conjunction with our audited consolidated financial statements and related notes in our Annual Report on Form 10-K for the year ended December 29, 2018 . The results for interim periods are not necessarily indicative of future or annual results. Principles of Consolidation The consolidated financial statements include Kraft Heinz and all of our controlled subsidiaries. All intercompany transactions are eliminated. Reportable Segments We manage and report our operating results through four segments. We have three reportable segments defined by geographic region: United States, Canada, and Europe, Middle East, and Africa (“EMEA”). Our remaining businesses are combined and disclosed as “Rest of World.” Rest of World comprises two operating segments: Latin America and Asia Pacific (“APAC”). During the third quarter of 2019, certain organizational changes were announced that will likely impact our internal reporting in 2020 and, as a result, will require us to evaluate the potential impact on our reportable segments. We continue to assess the potential impact of these announced organizational changes and will consider the impact of any further changes that may be announced. We expect that any change to our reportable segments would be effective in the first quarter of 2020. Use of Estimates We prepare our condensed consolidated financial statements in accordance with U.S. GAAP, which requires us to make accounting policy elections, estimates, and assumptions that affect the reported amount of assets, liabilities, reserves, and expenses. These accounting policy elections, estimates, and assumptions are based on our best estimates and judgments. We evaluate our policy elections, estimates, and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. We believe these estimates to be reasonable given the current facts available. We adjust our policy elections, estimates, and assumptions when facts and circumstances dictate. Market volatility, including foreign currency exchange rates, increases the uncertainty inherent in our estimates and assumptions. As future events and their effects cannot be determined with precision, actual results could differ significantly from estimates. If actual amounts differ from estimates, we include the revisions in our consolidated results of operations in the period the actual amounts become known. Historically, the aggregate differences, if any, between our estimates and actual amounts in any year have not had a material effect on our condensed consolidated financial statements. Reclassifications We made reclassifications to certain previously reported financial information to conform to our current period presentation. Held for Sale At December 29, 2018 , we had classified certain assets and liabilities as held for sale in our condensed consolidated balance sheet primarily relating to the previously announced divestiture of our equity interests in a subsidiary in India and our divestiture of certain assets and operations in Canada, which closed in January and July 2019, respectively. At September 28, 2019 , the assets and liabilities identified as held for sale in our condensed consolidated balance sheet reflect the closing of these two transactions and the remaining balances represent certain assets globally that are held for sale. See Note 5, Acquisitions and Divestitures , for additional information.

Restatement of Previously Issue

Restatement of Previously Issued Condensed Consolidated Financial Statements (Notes)	9 Months Ended
	Sep. 28, 2019
Accounting Changes and Error Corrections [Abstract]
Restatement of Previously Issued Condensed Consolidated Financial Statements	Restatement of Previously Issued Condensed Consolidated Financial Statements We have restated herein our condensed consolidated financial statements at September 29, 2018 and for the three and nine months ended September 29, 2018 . We have also restated impacted amounts within the accompanying footnotes to the condensed consolidated financial statements. Restatement Background As previously disclosed on February 21, 2019, we received a subpoena from the SEC in October 2018 related to our procurement area, specifically the accounting policies, procedures, and internal controls related to our procurement function, including, but not limited to, agreements, side agreements, and changes or modifications to agreements with our suppliers. Following the receipt of this subpoena, we, together with external counsel and forensic accountants, and subsequently, under the oversight of the Audit Committee of our Board of Directors (the “Audit Committee”), conducted an internal investigation into the procurement area and related matters. As a result of the findings from this internal investigation, which was completed prior to the filing of our Annual Report on Form 10-K for the year ended December 29, 2018 on June 7, 2019 and which identified that multiple employees in the procurement area engaged in misconduct, we corrected prior period misstatements that generally increased the total cost of products sold in prior financial periods. These misstatements principally related to the incorrect timing of when certain cost and rebate elements associated with supplier contracts and related arrangements were initially recognized. In connection with the internal investigation, we also conducted a comprehensive review of supplier contracts and related arrangements to identify other potential misstatements in the timing of the recognition of supplier rebates, incentive payments, and pricing arrangements. The review identified further misstatements, which we also investigated and have been unable to conclude if they resulted from the misconduct described above. These misstatements are described in more detail in restatement reference (a) below. Our internal investigation and review identified adjustments that resulted in an understatement of cost of products sold totaling $208 million , including misstatements of $175 million relating to the periods up through September 29, 2018 that were restated in our Annual Report on Form 10-K for the year ended December 29, 2018. The misstatements of cost of products sold related to our internal investigation and review were $22 million for the nine months ended September 29, 2018, including a $4 million overstatement for the first quarter and understatements of $13 million for the second quarter and $13 million for the third quarter. We do not believe that the misstatements are quantitatively material to any period presented in our prior financial statements. However, due to the qualitative nature of the matters identified in our internal investigation, including the number of years over which the misconduct occurred and the number of transactions, suppliers, and procurement employees involved, we determined that it would be appropriate to correct the misstatements in our previously issued annual and interim consolidated financial statements by restating such financial statements. The restatement also included corrections for additional identified out-of-period and uncorrected misstatements in the impacted periods. Accordingly, we have restated herein our unaudited condensed consolidated financial statements at September 29, 2018 and for the three and nine months ended September 29, 2018, in accordance with Accounting Standards Codification (“ASC”) Topic 250, Accounting Changes and Error Corrections . In addition to the misstatements related to the supplier contracts and related arrangements, including the misstatements related to lease classification described in restatement reference (b) below, we corrected additional identified out-of-period and uncorrected misstatements that were not material, individually or in the aggregate, to our condensed consolidated financial statements. These misstatements were related to balance sheet misclassifications, income taxes, impairments, and other misstatements, all of which are described in more detail in restatement references (c) through (f) below. Description of Misstatements Misstatements Associated with Supplier Contracts and Related Arrangements (a) Supplier Rebates We recorded adjustments to correct the misstatements found as a result of the internal investigation related to procurement described above. In connection with the internal investigation, we also conducted a comprehensive review of supplier contracts and related arrangements to identify other potential misstatements in the timing of the recognition of supplier rebates, incentive payments, and pricing arrangements. The review identified further misstatements, which we also investigated and have been unable to conclude if they resulted from the misconduct described above. These misstatements were primarily related to certain supplier contracts and related arrangements where the allocation of value of all or a portion of rebates and up-front payments to contractual elements in the current period should have been deferred and recognized over an applicable contractual period. We corrected these misstatements to defer the up-front consideration from suppliers when the retention or receipt of that consideration was contingent upon future events and to correctly recognize the consideration as a reduction of cost of products sold over the terms of the arrangements with the suppliers. The impacts of the supplier rebate misstatements are discussed in restatement reference (a) throughout this note. (b) Capital Leases As part of our review of supplier contracts and related arrangements in connection with the internal investigation, we evaluated additional elements of such arrangements, including the classification of embedded lease provisions as capital or operating. We had initially classified certain embedded lease provisions as capital leases and allocated their fixed consideration to the lease components. As a result of our analysis, and also taking into consideration, among other elements, the total value of supplier contracts and related arrangements, we determined that the classification of the embedded lease element for certain contracts should have been classified as an operating lease instead of a capital lease. In addition, we identified certain arrangements that were improperly accounted for as embedded capital leases. The impacts of the capital lease misstatements are discussed in restatement reference (b) throughout this note. Additional Misstatements (c) Balance Sheet Misclassifications We recorded adjustments to recognize certain balance sheet misclassifications in the correct period. These adjustments primarily related to the classification of products held at co-packer locations. The impacts of the balance sheet misclassifications are discussed in restatement reference (c) throughout this note. (d) Income Taxes We recorded adjustments to recognize certain income tax items in the correct period, primarily deferred tax adjustments related to a Brazilian subsidiary, as well as return-to-provision adjustments and various other misclassifications. The income tax impacts of all misstatements outside of this category are included in their respective misstatement categories. The impacts of income tax misstatements are discussed in restatement reference (d) throughout this note. (e) Impairments We recorded adjustments to recognize certain non-cash impairment losses in the correct period. In 2018, we had determined that a definite-lived intangible asset had been impaired in the fourth quarter of 2016 due to a license termination in that period and recorded an out-of-period correction to recognize the non-cash impairment loss. In addition, we recorded an adjustment to correct goodwill impairment losses related to our Australia and New Zealand reporting unit, which had been overstated in the second quarter of 2018. The impacts of the impairment misstatements are discussed in restatement reference (e) throughout this note. (f) Other We recorded adjustments to correct other identified out-of-period and uncorrected misstatements that were not material, individually or in the aggregate, to our condensed consolidated financial statements. These other misstatements were primarily related to structured payable and product financing arrangements, inventory write-offs, certain accrued liabilities, and other misstatements within net sales and certain income tax and balance sheet accounts. The impacts of the other misstatements are discussed in restatement reference (f) throughout this note. Description of Restatement Tables Below, we have presented a reconciliation from the as previously reported to the restated values for each of our condensed consolidated financial statements at September 29, 2018 and for the three and nine months ended September 29, 2018 . The values as previously reported were derived from our Quarterly Report on Form 10-Q for the quarter ended September 29, 2018 filed on November 2, 2018. The Kraft Heinz Company Condensed Consolidated Statement of Income (in millions, except per share data) For the Three Months Ended September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated Net sales $ 6,378 $ 5 (f) $ 6,383 Cost of products sold 4,271 18 (a)(b)(f) 4,289 Gross profit 2,107 (13 ) 2,094 Selling, general and administrative expenses, excluding impairment losses 803 — (f) 803 Goodwill impairment losses — — — Intangible asset impairment losses 234 (17 ) (e) 217 Selling, general and administrative expenses 1,037 (17 ) 1,020 Operating income/(loss) 1,070 4 1,074 Interest expense 327 (1 ) (b)(f) 326 Other expense/(income) (71 ) — (71 ) Income/(loss) before income taxes 814 5 819 Provision for/(benefit from) income taxes 186 15 (a)(b)(d)(e)(f) 201 Net income/(loss) 628 (10 ) 618 Net income/(loss) attributable to noncontrolling interest (2 ) 1 (f) (1 ) Net income/(loss) attributable to common shareholders $ 630 $ (11 ) $ 619 Per share data applicable to common shareholders: Basic earnings/(loss) $ 0.52 $ (0.01 ) $ 0.51 Diluted earnings/(loss) 0.51 (0.01 ) 0.50 (a) Supplier Rebates—The correction of these misstatements resulted in an increase to cost of products sold of $13 million and a decrease to provision for income taxes of $2 million for the three months ended September 29, 2018. (b) Capital Leases—The correction of these misstatements resulted in an increase to cost of products sold of less than $1 million , a decrease to interest expense of $1 million , and an increase to provision for income taxes of less than $1 million for the three months ended September 29, 2018. (c) Balance Sheet Misclassifications—None. (d) Income Taxes—The correction of these misstatements resulted in an increase to provision for income taxes of $14 million for the three months ended September 29, 2018. (e) Impairments—The correction of these misstatements resulted in a decrease to SG&A of $17 million and an increase to provision for income taxes of $4 million for the three months ended September 29, 2018. (f) Other—The correction of these misstatements resulted in an increase to net sales of $5 million , an increase to cost of products sold of $5 million , an increase to SG&A of less than $1 million , a decrease to interest expense of less than $1 million , a decrease to provision for income taxes of $1 million , and a decrease to net loss attributable to noncontrolling interest of $1 million for the three months ended September 29, 2018. The Kraft Heinz Company Condensed Consolidated Statement of Income (in millions, except per share data) For the Nine Months Ended September 29, 2018 As Previously Reported Restatement Impacts (1) Restatement Reference As Restated Net sales $ 19,368 $ 9 (f) $ 19,377 Cost of products sold 12,651 21 (a)(b)(f) 12,672 Gross profit 6,717 (12 ) 6,705 Selling, general and administrative expenses, excluding impairment losses 2,338 (15 ) (f) 2,323 Goodwill impairment losses 164 (31 ) (e) 133 Intangible asset impairment losses 335 (17 ) (e) 318 Selling, general and administrative expenses 2,837 (63 ) 2,774 Operating income/(loss) 3,880 51 3,931 Interest expense 962 (3 ) (b)(f) 959 Other expense/(income) (196 ) 15 (181 ) Income/(loss) before income taxes 3,114 39 3,153 Provision for/(benefit from) income taxes 738 41 (a)(b)(d)(e)(f) 779 Net income/(loss) 2,376 (2 ) 2,374 Net income/(loss) attributable to noncontrolling interest (3 ) 1 (f) (2 ) Net income/(loss) attributable to common shareholders $ 2,379 $ (3 ) $ 2,376 Per share data applicable to common shareholders: Basic earnings/(loss) $ 1.95 $ — $ 1.95 Diluted earnings/(loss) 1.94 — 1.94 (1) We have reclassified our $15 million pre-tax loss on the sale of our South African business from SG&A to other expense/(income) in order to conform with current period presentation. This reclassification has been included in the restatement impacts column above. (a) Supplier Rebates—The correction of these misstatements resulted in an increase to cost of products sold of $22 million and a decrease to provision for income taxes of $3 million for the nine months ended September 29, 2018. (b) Capital Leases—The correction of these misstatements resulted in an increase to cost of products sold of $1 million , a decrease to interest expense of $3 million , and an increase to provision for income taxes of less than $1 million for the nine months ended September 29, 2018. (c) Balance Sheet Misclassifications—None. (d) Income Taxes—The correction of these misstatements resulted in an increase to provision for income taxes of $40 million for the nine months ended September 29, 2018. (e) Impairments—The correction of these misstatements resulted in a decrease to SG&A of $48 million and an increase to provision for income taxes of $4 million for the nine months ended September 29, 2018. (f) Other—The correction of these misstatements resulted in an increase to net sales of $9 million , a decrease to cost of products sold of $2 million , an increase to SG&A of less than $1 million , a decrease to interest expense of less than $1 million , an increase to provision for income taxes of less than $1 million , and a decrease to net loss attributable to noncontrolling interest of $1 million for the nine months ended September 29, 2018. The Kraft Heinz Company Condensed Consolidated Statement of Comprehensive Income (in millions) For the Three Months Ended September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated Net income/(loss) $ 628 $ (10 ) (a)(b)(d)(e)(f) $ 618 Other comprehensive income/(loss), net of tax: Foreign currency translation adjustments (146 ) 2 (b)(d)(e) (144 ) Net deferred gains/(losses) on net investment hedges 13 — 13 Amounts excluded from the effectiveness assessment of net investment hedges 3 — 3 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (2 ) — (2 ) Net deferred gains/(losses) on cash flow hedges (16 ) — (16 ) Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) 12 — 12 Net actuarial gains/(losses) arising during the period 17 — 17 Net postemployment benefit losses/(gains) reclassified to net income/(loss) (58 ) — (58 ) Total other comprehensive income/(loss) (177 ) 2 (175 ) Total comprehensive income/(loss) 451 (8 ) 443 Comprehensive income/(loss) attributable to noncontrolling interest (4 ) 1 (f) (3 ) Comprehensive income/(loss) attributable to Kraft Heinz $ 455 $ (9 ) $ 446 The $10 million decrease to net income was primarily driven by misstatements in the income taxes and supplier rebates categories, partially offset by misstatements in the impairments, capital leases, and other categories. See additional descriptions of the net income impacts in the consolidated statement of income for the three months ended September 29, 2018 section above. The $2 million change to foreign currency translation adjustments is the result of misstatements in the income taxes, capital leases, and impairments categories. The Kraft Heinz Company Condensed Consolidated Statement of Comprehensive Income (in millions) For the Nine Months Ended September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated Net income/(loss) $ 2,376 $ (2 ) (a)(b)(d)(e)(f) $ 2,374 Other comprehensive income/(loss), net of tax: Foreign currency translation adjustments (817 ) 8 (b)(d)(e) (809 ) Net deferred gains/(losses) on net investment hedges 158 — 158 Amounts excluded from the effectiveness assessment of net investment hedges 3 — 3 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (2 ) — (2 ) Net deferred gains/(losses) on cash flow hedges 40 — 40 Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) (10 ) — (10 ) Net actuarial gains/(losses) arising during the period 70 — 70 Net postemployment benefit losses/(gains) reclassified to net income/(loss) (133 ) — (133 ) Total other comprehensive income/(loss) (691 ) 8 (683 ) Total comprehensive income/(loss) 1,685 6 1,691 Comprehensive income/(loss) attributable to noncontrolling interest (16 ) 1 (f) (15 ) Comprehensive income/(loss) attributable to Kraft Heinz $ 1,701 $ 5 $ 1,706 The $2 million decrease to net income was primarily driven by misstatements in the income taxes and supplier rebates categories, partially offset by misstatements in the impairments, other, and capital leases categories. See additional descriptions of the net income impacts in the consolidated statement of income for the nine months ended September 29, 2018 section above. The $8 million change in foreign currency translation adjustments is the result of misstatements in the income taxes, capital leases, and impairments categories. The Kraft Heinz Company Condensed Consolidated Balance Sheet (in millions, except per share data) September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated ASSETS Cash and cash equivalents $ 1,366 $ — $ 1,366 Trade receivables (net of allowances of $24 at September 29, 2018) 2,032 — 2,032 Sold receivables — — — Income taxes receivable 195 8 (a)(b)(d)(f) 203 Inventories 3,287 (73 ) (c)(f) 3,214 Prepaid expenses 389 — 389 Other current assets 321 31 (a)(c) 352 Total current assets 7,590 (34 ) 7,556 Property, plant and equipment, net 7,216 (142 ) (b)(f) 7,074 Goodwill 44,308 31 (e)(f) 44,339 Intangible assets, net 58,727 — 58,727 Other non-current assets 1,889 (10 ) (d) 1,879 TOTAL ASSETS $ 119,730 $ (155 ) $ 119,575 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ 973 $ — $ 973 Current portion of long-term debt 405 (34 ) (b)(f) 371 Trade payables 4,312 (74 ) (f) 4,238 Accrued marketing 494 — 494 Interest payable 315 — 315 Other current liabilities 1,082 149 (a)(f) 1,231 Total current liabilities 7,581 41 7,622 Long-term debt 30,998 (111 ) (b)(f) 30,887 Deferred income taxes 14,215 9 (a)(d)(f) 14,224 Accrued postemployment costs 394 — 394 Other non-current liabilities 964 71 (a) 1,035 TOTAL LIABILITIES 54,152 10 54,162 Commitments and Contingencies Redeemable noncontrolling interest 6 — 6 Equity: Common stock, $0.01 par value (5,000 shares authorized; 1,222 shares issued and 1,219 shares outstanding at September 29, 2018) 12 — 12 Additional paid-in capital 58,793 (77 ) (c) 58,716 Retained earnings/(deficit) 8,576 (97 ) (a)(b)(c)(d)(e)(f) 8,479 Accumulated other comprehensive income/(losses) (1,732 ) 8 (b)(d)(e) (1,724 ) Treasury stock, at cost (3 shares at September 29, 2018) (264 ) — (264 ) Total shareholders' equity 65,385 (166 ) 65,219 Noncontrolling interest 187 1 (f) 188 TOTAL EQUITY 65,572 (165 ) 65,407 TOTAL LIABILITIES AND EQUITY $ 119,730 $ (155 ) $ 119,575 (a) Supplier Rebates—The correction of these misstatements resulted in an increase to income taxes receivable of $1 million , a decrease to other current assets of $36 million , an increase to other current liabilities of $66 million , a decrease to deferred income taxes of $40 million , an increase to other non-current liabilities of $71 million , and a decrease to retained earnings of $132 million at September 29, 2018. (b) Capital Leases—The correction of these misstatements resulted in a decrease to income taxes receivable of less than $1 million , a decrease to property, plant and equipment, net, of $141 million , a decrease to current portion of long-term debt of $32 million , a decrease to long-term debt of $111 million , an increase to retained earnings of $2 million , and a decrease to accumulated other comprehensive losses of less than $1 million at September 29, 2018. (c) Balance Sheet Misclassifications—The correction of these misstatements resulted in a decrease to inventories of $67 million , an increase to other current assets of $67 million , a decrease to additional paid-in capital of $77 million , and an increase to retained earnings of $77 million at September 29, 2018. (d) Income Taxes—The correction of these misstatements resulted in an increase to income taxes receivable of $3 million , a decrease to other non-current assets of $10 million , an increase to deferred income taxes of $50 million , a decrease to retained earnings of $66 million , and a decrease to accumulated other comprehensive losses of $9 million at September 29, 2018. (e) Impairments—The correction of these misstatements resulted in an increase to goodwill of $30 million , an increase to retained earnings of $31 million , and an increase to accumulated other comprehensive losses of $1 million at September 29, 2018. (f) Other—The correction of these misstatements resulted in an increase to income taxes receivable of $4 million , a decrease to inventories of $6 million , a decrease to property, plant and equipment, net of $1 million , an increase to goodwill of $1 million , a decrease to current portion of long-term debt of $2 million , a decrease to trade payables of $74 million , an increase to other current liabilities of $83 million , an increase to long-term debt of less than $1 million , a decrease to deferred income taxes of $1 million , and a decrease to retained earnings of $9 million , and an increase to noncontrolling interest of $1 million at September 29, 2018. The cumulative effect of misstatements corrected in periods prior to December 31, 2017 resulted in a reduction to retained earnings of $94 million . The correction of misstatements in the nine months ended September 29, 2018 resulted in a decrease to retained earnings of $3 million . See Note 2, Restatement of Previously Issued Consolidated Financial Statements , in our Annual Report on Form 10-K for the year ended December 29, 2018 for additional information. The Kraft Heinz Company Condensed Consolidated Statement of Equity For the Three Months Ended March 31, 2018, June 30, 2018, and September 29, 2018 (in millions, except per share data) As Previously Reported Common Stock Additional Paid-in Capital Retained Earnings/(Deficit) Accumulated Other Comprehensive Income/(Losses) Treasury Stock, at Cost Noncontrolling Interest Total Equity Balance at December 30, 2017 $ 12 $ 58,711 $ 8,589 $ (1,054 ) $ (224 ) $ 207 $ 66,241 Net income/(loss) excluding redeemable noncontrolling interest — — 993 — — 5 998 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — 79 — (5 ) 74 Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Cumulative effect of accounting standards adopted in the period — — (95 ) — — — (95 ) Exercise of stock options, issuance of other stock awards, and other — 22 (7 ) — (16 ) — (1 ) Balance at March 31, 2018 12 58,733 8,718 (975 ) (240 ) 207 66,455 Net income/(loss) excluding redeemable noncontrolling interest — — 756 — — — 756 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — (582 ) — (6 ) (588 ) Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Exercise of stock options, issuance of other stock awards, and other — 33 (2 ) — (14 ) (13 ) 4 Balance at June 30, 2018 12 58,766 8,710 (1,557 ) (254 ) 188 65,865 Net income/(loss) excluding redeemable noncontrolling interest — — 630 — — 1 631 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — (175 ) — (2 ) (177 ) Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Cumulative effect of accounting standards adopted in the period — — (2 ) — — — (2 ) Exercise of stock options, issuance of other stock awards, and other — 27 — — (10 ) — 17 Balance at September 29, 2018 $ 12 $ 58,793 $ 8,576 $ (1,732 ) $ (264 ) $ 187 $ 65,572 Restatement Impacts Restatement Reference Common Stock Additional Paid-in Capital Retained Earnings/(Deficit) Accumulated Other Comprehensive Income/(Losses) Treasury Stock, at Cost Noncontrolling Interest Total Equity Balance at December 30, 2017 $ — $ (77 ) $ (94 ) $ — $ — $ — $ (171 ) Net income/(loss) excluding redeemable noncontrolling interest (a)(b)(d)(e)(f) — — 10 — — — 10 Other comprehensive income/(loss) excluding redeemable noncontrolling interest (b)(d) — — — — — — — Dividends declared-common stock ($0.625 per share) — — — — — — — Cumulative effect of accounting standards adopted in the period — — — — — — — Exercise of stock options, issuance of other stock awards, and other — — — — — — — Balance at March 31, 2018 — (77 ) (84 ) $ — — — (161 ) Net income/(loss) excluding redeemable noncontrolling interest (a)(b)(d)(e)(f) — — (2 ) — — — (2 ) Other comprehensive income/(loss) excluding redeemable noncontrolling interest (b)(d)(e) — — — 6 — — 6 Dividends declared-common stock ($0.625 per share) — — — — — — — Exercise of stock options, issuance of other stock awards, and other — — — — — — — Balance at June 30, 2018 — (77 ) (86 ) 6 — — (157 ) Net income/(loss) excluding redeemable noncontrolling interest (a)(b)(d)(e)(f) — — (11 ) — — 1 (10 ) Other comprehensive income/(loss) excluding redeemable noncontrolling interest (b)(d)(e) — — — 2 — — 2 Dividends declared-common stock ($0.625 per share) — — — — — — — Cumulative effect of accounting standards adopted in the period — — — — — — — Exercise of stock options, issuance of other stock awards, and other — — — — — — — Balance at September 29, 2018 $ — $ (77 ) $ (97 ) $ 8 $ — $ 1 $ (165 ) As Restated Common Stock Additional Paid-in Capital Retained Earnings/(Deficit) Accumulated Other Comprehensive Income/(Losses) Treasury Stock, at Cost Noncontrolling Interest Total Equity Balance at December 30, 2017 $ 12 $ 58,634 $ 8,495 $ (1,054 ) $ (224 ) $ 207 $ 66,070 Net income/(loss) excluding redeemable noncontrolling interest — — 1,003 — — 5 1,008 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — 79 — (5 ) 74 Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Cumulative effect of accounting standards adopted in the period — — (95 ) — — — (95 ) Exercise of stock options, issuance of other stock awards, and other — 22 (7 ) — (16 ) — (1 ) Balance at March 31, 2018 12 58,656 8,634 (975 ) (240 ) 207 66,294 Net income/(loss) excluding redeemable noncontrolling interest — — 754 — — — 754 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — (576 ) — (6 ) (582 ) Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Exercise of stock options, issuance of other stock awards, and other — 33 (2 ) — (14 ) (13 ) 4 Balance at June 30, 2018 12 58,689 8,624 (1,551 ) (254 ) 188 65,708 Net income/(loss) excluding redeemable noncontrolling interest — — 619 — — 2 621 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — (173 ) — (2 ) (175 ) Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Cumulative effect of accounting standards adopted in the period — — (2 ) — — — (2 ) Exercise of stock options, issuance of other stock awards, and other — 27 — — (10 ) — 17 Balance at September 29, 2018 $ 12 $ 58,716 $ 8,479 $ (1,724 ) $ (264 ) $ 188 $ 65,407 See descriptions of the net income and other comprehensive income impacts in the consolidated statement of income and consolidated statement of comprehensive income for the three and nine months ended September 29, 2018 sections above. The Kraft Heinz Company Consolidated Statement of Cash Flows (in millions) For the Nine Months Ended September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated CASH FLOWS FROM OPERATING ACTIVITIES: Net income/(loss) $ 2,376 $ (2 ) (a)(b)(d)(e)(f) $ 2,374 Adjustments to reconcile net income/(loss) to operating cash flows: Depreciation and amortization 736 (24 ) (b)(f) 712 Amortization of postretirement benefit plans prior service costs/(credits) (261 ) — (261 ) Equity award compensation expense 44 — 44 Deferred income tax provision/(benefit) 96 8 (a)(d)(e)(f) 104 Postemployment benefit plan contributions (64 ) — (64 ) Goodwill and intangible asset impairment losses 499 (48 ) (e) 451 Nonmonetary currency devaluation 131 — 131 Loss/(gain) on sale of business 15 — 15 Other items, net 21 (1 ) (a)(f) 20 Changes in current assets and liabilities: Trade receivables (2,154 ) — (2,154 ) Inventories (663 ) 18 (c)(f) (645 ) Accounts payable 145 (15 ) (f) 130 Other current assets (105 ) 2 (a)(c) (103 ) Other current liabilities 83 41 (a)(b)(d)(f) 124 Net cash provided by/(used for) operating activities 899 (21 ) 878 CASH FLOWS FROM INVESTING ACTIVITIES: Cash receipts on sold receivables 1,296 — 1,296 Capital expenditures (594 ) — (594 ) Payments to acquire business, net of cash acquired (248 ) — (248 ) Proceeds from sale of business 18 — 18 Other investing activities, net 13 — 13 Net cash provided by/(used for) investing activities 485 — 485 CASH FLOWS FROM FINANCING ACTIVITIES: Repayments of long-term debt (2,727 ) 21 (b)(f) (2,706 ) Proceeds from issuance of long-term debt 2,990 — 2,990 Proceeds from issuance of commercial paper 2,485 — 2,485 Repayments of commercial paper (1,950 ) — (1,950 ) Dividends paid - common stock (2,421 ) — (2,421 ) Other financing activities, net (35 ) — (35 ) Net cash provided by/(used for) financing activities (1,658 ) 21 (1,637 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash (128 ) — (128 ) Cash, cash equivalents, and restricted cash Net increase/(decrease) (402 ) — (402 ) Balance at beginning of period 1,769 — 1,769 Balance at end of period $ 1,367 $ — $ 1,367 NON-CASH INVESTING ACTIVITIES: Beneficial interest obtained in exchange for securitized trade receivables $ 938 $ — $ 938 See descriptions of the net income impacts in the condensed consolidated statement of income for the nine months ended September 29, 2018 section above. The misstatements in the capital leases misclassifications category resulted in a decrease to net cash flows provided by operating activities of $21 million and a decrease to net cash flows used for financing activities of $21 million for the nine months ended September 29, 2018. The misstatements in the other misclassifications category resulted in a decrease to net cash flows provided by operating activities of less than $1 million and a decrease to net cash flows used for financing activities of less than $1 million for the nine months ended September 29, 2018. No other misstatements impacted the classifications between net operating, net investing, or net financing cash flow activities for the nine months ended September 29, 2018.

Significant Accounting Policies

Significant Accounting Policies (Notes)	9 Months Ended
	Sep. 28, 2019
Accounting Policies [Abstract]
Significant Accounting Policies	Significant Accounting Policies The following significant accounting policy was updated in the first quarter of 2019 to reflect changes upon adoption of ASU 2016-02. There were no other changes to our accounting policies from those disclosed in our Annual Report on Form 10-K for the year ended December 29, 2018. Leases: We determine whether a contract is or contains a lease at contract inception based on the presence of identified assets and our right to obtain substantially all of the economic benefit from or to direct the use of such assets. When we determine a lease exists, we record a right-of-use (“ROU”) asset and corresponding lease liability on our consolidated balance sheets. ROU assets represent our right to use an underlying asset for the lease term. Lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets are recognized at commencement date at the value of the lease liability and are adjusted for any prepayments, lease incentives received, and initial direct costs incurred. Lease liabilities are recognized at lease commencement date based on the present value of remaining lease payments over the lease term. As the discount rate implicit in the lease is not readily determinable in most of our leases, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. Our lease terms include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. We do not record lease contracts with a term of 12 months or less on our consolidated balance sheets. We recognize fixed lease expense for operating leases on a straight-line basis over the lease term. For finance leases, we recognize amortization expense on the ROU asset and interest expense on the lease liability over the lease term. We have lease agreements with non-lease components that relate to the lease components (e.g., common area maintenance such as cleaning or landscaping, insurance, etc.). We account for each lease and any non-lease components associated with that lease as a single lease component for all underlying asset classes. Accordingly, all costs associated with a lease contract are accounted for as lease costs. Certain leasing arrangements require variable payments that are dependent on usage or output or may vary for other reasons, such as insurance and tax payments. Variable lease payments that do not depend on an index or rate are excluded from lease payments in the measurement of the ROU asset and lease liability and are recognized as expense in the period in which the payment occurs. Our lease agreements do not include significant restrictions or covenants, and residual value guarantees are generally not included within our operating leases.

New Accounting Standards (Notes

New Accounting Standards (Notes)	9 Months Ended
	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
New Accounting Standards	New Accounting Standards Accounting Standards Adopted in the Current Year Leases: In February 2016, the Financial Accounting Standards Board (the “FASB”) issued accounting standards update (“ASU”) 2016-02 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 updated guidance requires lessees to reflect the majority of leases on their balance sheets as assets and obligations. This ASU became effective beginning in the first quarter of our fiscal year 2019. We adopted this ASU in the first quarter of 2019 using a modified retrospective transition method and elected the following practical expedients: (i) the optional transition method that allows us to apply the guidance at the adoption date and recognize any adjustments that result from applying Accounting Standards Codification (“ASC”) Topic 842, Leases , to existing leases as a cumulative-effect adjustment to the opening balance of retained earnings/(deficit) in the period of adoption (i.e., the effective date); (ii) the package of practical expedients that allows us to carry forward our determination of whether a lease exists, the classification of a lease, and whether initial direct lease costs exist for purposes of transition to the new standard; (iii) the land easement option, which allows us to continue to use prior accounting conclusions reached in our accounting for land easements; and (iv) the short-term lease exemption whereby we will not record an asset or liability for short-term leases. The most significant impact of adoption on our condensed consolidated financial statements was the recognition of ROU assets and lease liabilities for operating leases. Our accounting for finance leases remained substantially unchanged. Upon adoption, we had total lease assets of $821 million and total lease liabilities of $887 million . The adoption of this ASU did not result in a cumulative-effect adjustment to the opening balance of retained earnings/(deficit) and did not impact our condensed consolidated statements of income or our cash flows. See Note 3, Significant Accounting Policies , for our lease accounting policy and Note 18, Leases , for additional information related to our lease arrangements. Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income: In February 2018, the FASB issued ASU 2018-02 related to reclassifying tax effects stranded in accumulated other comprehensive income/(losses) because of the Tax Cuts and Jobs Act (“U.S. Tax Reform”) enacted on December 22, 2017. U.S. Tax Reform reduced the U.S. federal corporate tax rate from 35.0% to 21.0%. ASC Topic 740, Income Taxes , requires the remeasurement of deferred tax assets and liabilities as a result of such changes in tax laws or rates to be presented in net income/(loss) from continuing operations. However, the related tax effects of such deferred tax assets and liabilities may have been originally recorded in other comprehensive income/(loss). This ASU allows companies to reclassify such stranded tax effects from accumulated other comprehensive income/(losses) to retained earnings/(deficit). This reclassification adjustment is optional, and if elected, may be applied either to the period of adoption or retrospectively to the period(s) impacted by U.S. Tax Reform. Additionally, this ASU requires companies to disclose the policy election for stranded tax effects as well as the general accounting policy for releasing income tax effects from accumulated other comprehensive income/(losses). This ASU became effective beginning in the first quarter of our fiscal year 2019. We adopted this ASU on the first day of our fiscal year 2019 and made the policy election to reclassify stranded tax effects from accumulated other comprehensive income/(losses) to retained earnings/(deficit) in the period of adoption. The impact of this policy election was an increase to retained earnings/(deficit) and a corresponding decrease to accumulated other comprehensive income/(losses) of $136 million . We generally release income tax effects from accumulated other comprehensive income/(losses) when the entire portfolio of the item giving rise to the tax effect is disposed of, liquidated, or terminated. Accounting Standards Not Yet Adopted Measurement of Current Expected Credit Losses: In June 2016, the FASB issued ASU 2016-13 to update the methodology used to measure current expected credit losses (“CECL”). This ASU applies to financial assets measured at amortized cost, including loans, held-to-maturity debt securities, net investments in leases, and trade accounts receivable as well as certain off-balance sheet credit exposures, such as loan commitments. This ASU replaces the current incurred loss impairment methodology with a methodology to reflect CECL and requires consideration of a broader range of reasonable and supportable information to explain credit loss estimates. The guidance must be adopted using a modified retrospective transition method through a cumulative-effect adjustment to retained earnings/(deficit) in the period of adoption. This ASU will be effective beginning in the first quarter of our fiscal year 2020. We are currently evaluating the impact this ASU will have on our financial statements and related disclosures. Fair Value Measurement Disclosures: In August 2018, the FASB issued ASU 2018-13 related to fair value measurement disclosures. This ASU removes the requirement to disclose the amount of and reasons for transfers between Levels 1 and 2 of the fair value hierarchy, the policy for determining that a transfer has occurred, and valuation processes for Level 3 fair value measurements. Additionally, this ASU modifies the disclosures related to the measurement uncertainty for recurring Level 3 fair value measurements (by removing the requirement to disclose sensitivity to future changes) and the timing of liquidation of investee assets (by removing the timing requirement in certain instances). The guidance also requires new disclosures for Level 3 financial assets and liabilities, including the amount and location of unrealized gains and losses recognized in other comprehensive income/(loss) and additional information related to significant unobservable inputs used in determining Level 3 fair value measurements. This ASU will be effective beginning in the first quarter of our fiscal year 2020. Early adoption of the guidance in whole is permitted. Alternatively, companies may early adopt removed or modified disclosures and delay adoption of the additional disclosures until their effective date. Certain of the amendments in this ASU must be applied prospectively upon adoption, while other amendments must be applied retrospectively upon adoption. We elected to early adopt the provisions related to removing disclosures in the fourth quarter of our fiscal year 2018 on a retrospective basis. Accordingly, we removed certain disclosures from Note 12, Postemployment Benefits and Note 13, Financial Instruments , in our Annual Report on Form 10-K for the year ended December 29, 2018. There was no other impact to our financial statement disclosures as a result of early adopting the provisions related to removing disclosures. We are currently evaluating the disclosure impact of the provisions related to modifying and adding disclosures. Disclosure Requirements for Certain Employer-Sponsored Benefit Plans: In August 2018, the FASB issued ASU 2018-14 related to the disclosure requirements for employers that sponsor defined benefit pension and other postretirement benefit plans. The guidance requires sponsors of these plans to provide additional disclosures, including weighted-average interest rates used in the company’s cash balance plans and a narrative description of reasons for any significant gains or losses impacting the benefit obligation for the period. Additionally, this guidance eliminates certain previous disclosure requirements. This ASU will be effective beginning in the first quarter of our fiscal year 2020. This guidance must be applied on a retrospective basis to all periods presented. We are currently evaluating the impact this ASU will have on our financial statements and related disclosures. Implementation Costs Incurred in Hosted Cloud Computing Service Arrangements: In August 2018, the FASB issued ASU 2018-15 related to accounting for implementation costs incurred in hosted cloud computing service arrangements. Under the new guidance, implementation costs incurred in a hosting arrangement that is a service contract should be expensed or capitalized based on the nature of the costs and the project stage during which such costs are incurred. If the implementation costs qualify for capitalization, they must be amortized over the term of the hosting arrangement and assessed for impairment. Companies must disclose the nature of any hosted cloud computing service arrangements. This ASU also provides guidance for balance sheet and income statement presentation of capitalized implementation costs and statement of cash flows presentation for the related payments. This ASU will be effective beginning in the first quarter of our fiscal year 2020. This guidance may be adopted either retrospectively or prospectively to all implementation costs incurred after the date of adoption. We are currently evaluating the impact this ASU will have on our financial statements and related disclosures as well as the application method.

Acquisitions and Divestitures (

Acquisitions and Divestitures (Notes)	9 Months Ended
	Sep. 28, 2019
Business Combinations [Abstract]
Acquisitions and Divestitures	Acquisitions and Divestitures Acquisitions Primal Acquisition: On January 3, 2019 (the “Primal Acquisition Date”), we acquired 100% of the outstanding equity interests in Primal Nutrition, LLC (“Primal Nutrition”) (the “Primal Acquisition”), a better-for-you brand primarily focused on condiments, sauces, and dressings, with growing product lines in healthy snacks and other categories . The Primal Kitchen brand holds leading positions in the e-commerce and natural channels. The results of Primal Nutrition have been included in our condensed consolidated financial statements for the three and nine months ended September 28, 2019. We have not included unaudited pro forma results as it would not yield significantly different results. The Primal Acquisition was accounted for under the acquisition method of accounting for business combinations. The total cash consideration paid for Primal Nutrition was $201 million . We utilized estimated fair values at the Primal Acquisition Date to allocate the total consideration exchanged to the net tangible and intangible assets acquired and liabilities assumed. The fair value estimates of the assets acquired and liabilities assumed were subject to adjustment during the measurement period (up to one year from the Primal Acquisition Date). The purchase price allocation for the Primal Acquisition was final as of September 28, 2019 . The final purchase price allocation to assets acquired and liabilities assumed in the Primal Acquisition was (in millions): Cash $ 2 Other current assets 15 Identifiable intangible assets 66 Current liabilities (6 ) Net assets acquired 77 Goodwill on acquisition 124 Total consideration $ 201 The Primal Acquisition resulted in $124 million of non tax deductible goodwill relating principally to planned expansion of the Primal Kitchen brand into new channels and categories. This goodwill was allocated to the United States segment as shown in Note 9, Goodwill and Intangible Assets . The purchase price allocation to identifiable intangible assets acquired in the Primal Acquisition was: Fair Value (in millions of dollars) Weighted Average Life (in years) Definite-lived trademarks $ 52.5 15 Customer-related assets 13.5 20 Total $ 66.0 We valued trademarks using the relief from royalty method and customer-related assets using the distributor method. Some of the more significant assumptions inherent in developing the valuations included the estimated annual net cash flows for each definite-lived intangible asset (including net sales, cost of products sold, selling and marketing costs, and working capital/contributory asset charges), the discount rate that appropriately reflects the risk inherent in each future cash flow stream, the assessment of each asset’s life cycle, and competitive trends, as well as other factors. We determined the assumptions used in the financial forecasts using historical data, supplemented by current and anticipated market conditions, estimated product category growth rates, management plans, and market comparables. We used carrying values as of the Primal Acquisition Date to value certain current and non-current assets and liabilities, as we determined that they represented the fair value of those items at the Primal Acquisition Date. Cerebos Acquisition: On March 9, 2018 (the “Cerebos Acquisition Date”), we acquired 100% of the outstanding equity interests in Cerebos Pacific Limited (“Cerebos”) (the “Cerebos Acquisition”), an Australian food and beverage company. The Cerebos Acquisition was accounted for under the acquisition method of accounting for business combinations. The total cash consideration paid for Cerebos was $244 million . We utilized estimated fair values at the Cerebos Acquisition Date to allocate the total consideration exchanged to the net tangible and intangible assets acquired and liabilities assumed. Such allocation was final as of December 29, 2018 . See Note 5, Acquisitions and Divestitures , to the consolidated financial statements in our Annual Report on Form 10-K for the year ended December 29, 2018 for the final purchase price allocation, valuation methodology, and other information related to the Cerebos Acquisition. Other Acquisitions In the third quarter of 2018, we had two additional acquisitions of businesses, including The Ethical Bean Coffee Company Ltd., a Canadian-based coffee roaster, and Wellio, Inc., a full-service meal planning and preparation technology start-up in the U.S. The aggregate consideration paid related to these acquisitions was $27 million . Related to our acquisitions, we incurred aggregate deal costs of $2 million for the nine months ended September 28, 2019 and $3 million for the three months and $19 million for the nine months ended September 29, 2018. There were no deal costs related to acquisitions for the three months ended September 28, 2019. We recognized these deal costs in SG&A. Divestitures Heinz India Transaction: In October 2018, we entered into a definitive agreement with two third-parties, Zydus Wellness Limited and Cadila Healthcare Limited (collectively, the “Buyers”), to sell 100% of our equity interests in Heinz India Private Limited (“Heinz India”) for approximately 46 billion Indian rupees (approximately $655 million at January 30, 2019 ) (the “Heinz India Transaction”). In connection with the Heinz India Transaction, we transferred to the Buyers, among other assets and operations, our global intellectual property rights to several brands, including Complan , Glucon-D , Nycil , and Sampriti . Our core brands (i.e., Heinz and Kraft ) were not transferred. The Heinz India Transaction closed on January 30, 2019 (the “Heinz India Closing Date”). We recognized a pre-tax gain of $246 million in the first quarter of 2019. Additionally, in the third quarter of 2019, we recognized a recovery of local India taxes of $3 million , which was classified as gain on sale of business. As a result, we recognized pre-tax gains of $3 million for the three months and $249 million for the nine months ended September 28, 2019 . These pre-tax gains were included in other expense/(income). The components of the pre-tax gain were as follows (in millions): Proceeds $ 655 Less investment in Heinz India (355 ) Recognition of tax indemnification (48 ) Other (3 ) Pre-tax gain on sale of Heinz India $ 249 In connection with the Heinz India Transaction we agreed to indemnify the Buyers from and against any tax losses for any taxable period prior to the Heinz India Closing Date, including taxes for which we are liable as a result of any transaction that occurred on or before such date. To determine the fair value of our tax indemnity we made various assumptions, including the range of potential dates the tax matters will be resolved, the range of potential future cash flows, the probabilities associated with potential resolution dates and potential future cash flows, and the discount rate. We recorded tax indemnity liabilities related to the Heinz India Transaction totaling approximately $48 million , including $18 million in other current liabilities and $30 million in other non-current liabilities on our condensed consolidated balance sheet as of the Heinz India Closing Date. We also recorded a corresponding $48 million reduction of the gain on the Heinz India Transaction within other expense/(income) in our condensed consolidated statement of income in the first quarter of 2019. Future changes to the fair value of these tax indemnity liabilities will continue to impact other expense/(income) throughout the life of the exposures as a component of the gain on sale for the Heinz India Transaction. The other component of the pre-tax gain on the sale of Heinz India in the table above primarily related to losses on net investment hedges of our investment in Heinz India, which were settled in the first quarter of 2019, and were partially offset by the local India tax recovery in the third quarter of 2019. Canada Natural Cheese Transaction: In November 2018, we entered into a definitive agreement with a third-party, Parmalat SpA (“Parmalat”), to sell certain assets in our natural cheese business in Canada for approximately 1.6 billion Canadian dollars (approximately $1.2 billion at July 2, 2019) (the “Canada Natural Cheese Transaction”). In connection with the Canada Natural Cheese Transaction, we transferred certain assets to Parmalat, including the intellectual property rights to Cracker Barrel in Canada and P’Tit Quebec globally. The Canada Natural Cheese Transaction closed on July 2, 2019. We recognized a pre-tax gain of $241 million , which was included in other expense/(income) for the three and nine months ended September 28, 2019 . The components of the pre-tax gain were as follows (in millions): Proceeds $ 1,236 Less carrying value of Canada Natural Cheese net assets (996 ) Other 1 Pre-tax gain resulting from Canada Natural Cheese Transaction $ 241 South Africa Transaction: On May 31, 2018, we sold our 50.1% interest in our South African subsidiary to our minority interest partner. This transaction included proceeds of $18 million . We recorded a pre-tax loss on the sale of a business of approximately $15 million , which was included in other expense/(income) on the condensed consolidated statements of income for the nine months ended September 29, 2018. We incurred aggregate deal costs related to our divestitures of $6 million for the three months and $17 million for the nine months ended September 28, 2019 . We recognized these deal costs in SG&A. Held for Sale Our assets and liabilities held for sale, by major class, were (in millions): September 28, 2019 December 29, 2018 ASSETS Inventories $ — $ 92 Property, plant and equipment, net 26 139 Goodwill — 669 Intangible assets, net 9 437 Other — 39 Total assets held for sale $ 35 $ 1,376 LIABILITIES Total liabilities held for sale $ 2 $ 55 The change in assets and liabilities held for sale during the nine months ended September 28, 2019 was primarily related to the Heinz India Transaction closing on January 30, 2019 and the Canada Natural Cheese Transaction closing on July 2, 2019. The balances held for sale at September 28, 2019 primarily relate to land and manufacturing equipment.

Restructuring Activities (Notes

Restructuring Activities (Notes)	9 Months Ended
	Sep. 28, 2019
Restructuring and Related Activities [Abstract]
Restructuring Activities	Restructuring Activities 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, costs to exit facilities, and costs associated with restructuring benefit plans. 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. Restructuring Activities: We have restructuring programs globally, which are focused primarily on workforce reduction and factory closure and consolidation. As of September 28, 2019 , related to these programs, we expect to eliminate approximately 450 positions, primarily outside the U.S. Of these expected reductions, 300 positions were eliminated during the nine months ended September 28, 2019 . These programs resulted in expenses of $56 million during the nine months ended September 28, 2019 , including $5 million of credits in severance and employee benefit costs, $20 million of non-cash asset-related costs, and $41 million of other implementation costs. Restructuring expenses during the three months ended September 28, 2019 were $15 million , including $2 million of credits in severance and employee benefit costs, $8 million of non-cash asset-related costs, and $9 million of other implementation costs. Restructuring expenses totaled $21 million for the three months and $188 million for the nine months ended September 29, 2018 . Our net liability balance for restructuring project costs that qualify as exit and disposal costs under U.S. GAAP (i.e., severance and employee benefit costs and other exit costs) was (in millions): Severance and Employee Benefit Costs Other Exit Costs Total Balance at December 29, 2018 $ 32 $ 33 $ 65 Charges/(credits) (5 ) — (5 ) Cash payments (16 ) (7 ) (23 ) Balance at September 28, 2019 $ 11 $ 26 $ 37 We expect the liability for severance and employee benefit costs as of September 28, 2019 to be paid by the end of 2020. The liability for other exit costs primarily relates to lease obligations. The cash impact of these obligations will continue for the duration of the lease terms, which expire between 2019 and 2026. Integration Program: At the end of 2017, we had substantially completed our multi-year program announced following the merger of Kraft Foods Group, Inc. with and into a wholly-owned subsidiary of H. J. Heinz Holding Corporation (“Heinz”) (the “2015 Merger”) (the “Integration Program”), which was designed to reduce costs and integrate and optimize our combined organization, primarily in the U.S. and Canada reportable segments. We incurred pre-tax costs related to the Integration Program of $10 million during the three months and $90 million during the nine months ended September 29, 2018 . No such expenses were incurred during the three or nine months ended September 28, 2019 . Total Expenses: Total expense/(income) related to restructuring activities, including the Integration Program, by income statement caption, were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Severance and employee benefit costs - COGS $ (1 ) $ (8 ) $ (4 ) $ 17 Severance and employee benefit costs - SG&A (1 ) 2 (1 ) 12 Severance and employee benefit costs - Other expense/(income) — (1 ) — 5 Asset-related costs - COGS 8 8 11 33 Asset-related costs - SG&A — 6 9 7 Other costs - COGS 5 18 20 125 Other costs - SG&A 4 6 21 21 Other costs - Other expense/(income) — — — 58 $ 15 $ 31 $ 56 $ 278 We do not include our restructuring activities, including the Integration Program, within Segment Adjusted EBITDA (as defined in Note 20, Segment Reporting ). The pre-tax impact of allocating such expenses to our segments would have been (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 United States $ 8 $ 23 $ 34 $ 144 Canada 4 4 10 70 EMEA — (11 ) 4 17 Rest of World 2 5 3 14 General corporate expenses 1 10 5 33 $ 15 $ 31 $ 56 $ 278

Restricted Cash (Notes)

Restricted Cash (Notes)	9 Months Ended
	Sep. 28, 2019
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): September 28, 2019 December 29, 2018 Cash and cash equivalents $ 2,315 $ 1,130 Restricted cash included in other current assets 1 1 Restricted cash included in other non-current assets — 5 Cash, cash equivalents, and restricted cash $ 2,316 $ 1,136

Inventories (Notes)

Inventories (Notes)	9 Months Ended
	Sep. 28, 2019
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following (in millions): September 28, 2019 December 29, 2018 Packaging and ingredients $ 634 $ 510 Work in process 367 343 Finished product 2,157 1,814 Inventories $ 3,158 $ 2,667 At December 29, 2018 , inventories excluded amounts classified as held for sale. See Note 5, Acquisitions and Divestitures , for additional information.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Notes)	9 Months Ended
	Sep. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill: Changes in the carrying amount of goodwill, by segment, were (in millions): United States Canada EMEA Rest of World Total Balance at December 29, 2018 $ 29,597 $ 2,438 $ 3,074 $ 1,394 $ 36,503 Impairment losses (118 ) — (292 ) (334 ) (744 ) Acquisitions 124 — 6 — 130 Translation adjustments and other (2 ) 73 (109 ) (25 ) (63 ) Balance at September 28, 2019 $ 29,601 $ 2,511 $ 2,679 $ 1,035 $ 35,826 In the first quarter of 2019, we completed the acquisition of Primal Nutrition. Additionally, at December 29, 2018 , goodwill excluded amounts classified as held for sale. See Note 5, Acquisitions and Divestitures , for additional information related to this acquisition, as well as amounts held for sale. We maintain 19 reporting units, 12 of which comprise our goodwill balance. These 12 reporting units had an aggregate carrying amount of $35.8 billion as of September 28, 2019 . We test our reporting units for impairment annually as of the first day of our second quarter, or more frequently if events or circumstances indicate it is more likely than not that the fair value of a reporting unit is less than its carrying amount. In connection with the preparation of the first quarter financial statements, which occurred concurrently with the preparation of the second quarter financial statements due to the delay in the filing of our Annual Report on Form 10-K for the year ended December 29, 2018, we concluded that it was more likely than not that the fair values of three of our 19 reporting units (EMEA East, Brazil and Latin America Exports) were below their carrying amounts. The factors that led to this conclusion included: (i) changes in management structure which triggered the reorganization of the EMEA East and Latin America Exports reporting units in the first quarter; (ii) new management in certain of these reporting units coupled with the development of our five-year operating plan assumptions for each of these reporting units in the first quarter, which established revised expectations and priorities for the coming years in response to current market factors, such as lower revenue growth and margin expectations; (iii) increases in discount rates used to value reporting units in these regions due to expectations of increased risk in these emerging markets; and (iv) fluctuations in forecasted foreign exchange rates in certain countries. We recognized a non-cash impairment loss of $620 million in SG&A in the first quarter of 2019 related to the three reporting units noted above that are contained within our EMEA and Rest of World segments. We determined the factors contributing to the impairment loss were the result of circumstances that arose during the first quarter of 2019. We recognized a $286 million impairment loss in our EMEA East reporting unit within our EMEA segment. In the first quarter of 2019, we reorganized our reporting units to combine Russia, Poland, Middle East, and Distributors operations into the EMEA East reporting unit as a result of changing our management structure. Following this reorganization, we established a new management team in the region at the beginning of 2019 that developed a new five-year operating plan for the region, which established a revised downward outlook for net sales, margin, and cash flows in response to lower expectations for margin and revenue growth opportunities in the region. As a result of this planning process, management revised its expectations downward in relation to the anticipated long-term impact of white space growth opportunities in MEA and the impact of discounter store growth in Russia. Additionally, there were declines in forecasted foreign exchange rates in the region. After the impairment, the goodwill carrying amount of the EMEA East reporting unit was approximately $144 million . We recognized a $205 million impairment loss in our Brazil reporting unit within our Rest of World segment. During the first quarter, we observed lower than expected performance in launches of new products coupled with the de-listing of certain existing products as well as higher costs due to changes in our sourcing approach to support revenue growth plans. We developed a new five-year operating plan for the region in the first quarter of 2019, which produced a revised outlook for net sales and margins in contemplation of these events and after considering their potential long-term impacts. Additionally, there were declines in forecasted foreign exchange rates in the region. The impairment of the Brazil reporting unit represents all of the goodwill of that reporting unit. We recognized a $129 million impairment loss in our Latin America Exports reporting unit within our Rest of World segment. In the first quarter of 2019, we reorganized our reporting units to combine Puerto Rico and our Other Latin America Exports business with Costa Rica, Panama, Colombia, Argentina, and Andinos operations (which were part of the previously fully impaired Other Latin America reporting unit and thus had previously been identified as having a fair value less than carrying amount) into the Latin America Exports reporting unit as a result of changing our management structure. We developed a new five-year operating plan for the region in the first quarter of 2019, which produced a revised downward outlook for net sales and margins and adjusted cash flow forecasts to reflect lower expectations in the market, higher costs associated with changes in our sourcing approach, and increased investments in the business to support growth in these emerging markets. After the impairment, the goodwill carrying amount of the Latin America Exports reporting unit was approximately $297 million . We performed our 2019 annual impairment test as of March 31, 2019, which is the first day of our second quarter in 2019 (this was performed concurrently with the preparation of the first and second quarter 2019 financial statements due to the delay in the filing of our Annual Report on Form 10-K for the year ended December 29, 2018). We utilized the discounted cash flow method under the income approach to estimate the fair value of our reporting units. Through the performance of the 2019 annual impairment test, we identified an impairment related to the U.S. Refrigerated reporting unit. This impairment was primarily due to an increase in the discount rate assumption used for the fair value estimation. The increase in the discount rate was applied to reflect a market participants’ perceived risk in the valuation implied by the sustained reduction in our stock price and, hence, market capitalization (which decreased approximately 25% from December 29, 2018 to the March 31, 2019 annual impairment test date and sustained this decline through June 29, 2019). Since this valuation assumption change was made in connection with the annual impairment test in the second quarter of 2019 and was not indicative of events or conditions that would have constituted a triggering event during the first quarter of 2019, we recorded a non-cash impairment loss of $118 million in SG&A in the second quarter of 2019 within our United States segment. The goodwill carrying amount of this reporting unit was $7.0 billion after the impairment. The goodwill carrying amounts associated with an additional six reporting units, which each had excess fair value over its carrying amount of 10% or less based on the results of our 2019 annual impairment assessment, were $18.6 billion for U.S. Grocery, $3.9 billion for U.S. Foodservice, $2.1 billion for Canada Retail, $370 million for Australia and New Zealand, $368 million for Canada Foodservice, and $83 million for Northeast Asia as of the annual impairment test date. The goodwill carrying amount associated with one additional reporting unit, which had excess fair value over its carrying amount between 10 - 20% , was $593 million for Continental Europe as of the annual impairment test date. The aggregate goodwill carrying amount of reporting units with fair value over carrying amount between 20 - 50% was $2.4 billion as of the annual impairment test date, and there were no reporting units with fair value over carrying amount in excess of 50% . As a result of our 2018 annual impairment test, we recognized a non-cash impairment loss of $133 million in SG&A related to our Australia and New Zealand reporting unit in the second quarter of 2018. This impairment loss was primarily due to margin declines in the region. Accumulated impairment losses to goodwill were $7.8 billion at September 28, 2019 . Fair value determinations require considerable judgment and are sensitive to changes in underlying assumptions, estimates, and market factors. Estimating the fair value of individual reporting units requires us to make assumptions and estimates regarding our future plans, as well as industry, economic, and regulatory conditions. These assumptions and estimates include estimated future annual net cash flows, income tax rates, discount rates, growth rates , and other market factors. If current expectations of future growth rates and margins are not met, if market factors outside of our control, such as discount rates, change, or if management’s expectations or plans otherwise change, including as a result of updates to our global five-year operating plan, then one or more of our reporting units might become impaired in the future. Our reporting units that were impaired in 2018 and 2019 were written down to their respective fair values resulting in zero excess fair value over carrying amount as of the applicable impairment test dates. Accordingly, these and other individual reporting units that have 20% or less excess fair value over carrying amount as of the 2019 annual impairment test date have a heightened risk of future impairments if any assumptions, estimates, or market factors change in the future. Although the remaining reporting units have more than 20% excess fair value over carrying amount as of the 2019 annual impairment test date, these amounts are also associated with the 2013 Heinz acquisition and the 2015 Merger and are recorded on the balance sheet at their estimated acquisition date fair values. Therefore, if any assumptions, estimates, or market factors change in the future, these amounts are also susceptible to impairments. Indefinite-lived intangible assets: Changes in the carrying amount of indefinite-lived intangible assets, which primarily consisted of trademarks, were (in millions): Balance at December 29, 2018 $ 43,966 Impairment losses (474 ) Reclassified to assets held for sale (9 ) Translation adjustments (89 ) Balance at September 28, 2019 $ 43,394 At September 28, 2019 and December 29, 2018, indefinite-lived intangible assets excluded amounts classified as held for sale. See Note 5, Acquisitions and Divestitures , for additional information on amounts held for sale. Our indefinite-lived intangible asset balance primarily consists of a number of individual brands, which had an aggregate carrying amount of $43.4 billion as of September 28, 2019 . We test our brands for impairment annually as of the first day of our second quarter, or more frequently if events or circumstances indicate it is more likely than not that the fair value of a brand is less than its carrying amount. We performed our 2019 annual impairment test as of March 31, 2019, which is the first day of our second quarter in 2019. As a result of our 2019 annual impairment test, we recognized a non-cash impairment loss of $474 million in SG&A in the second quarter of 2019 primarily related to six brands ( Miracle Whip , Velveeta , Lunchables , Maxwell House , Philadelphia, and Cool Whip) . This impairment loss was recorded in our United States segment, consistent with the ownership of the trademarks. The impairment for these brands was largely due to an increase in the discount rate assumptions used for the fair value estimations. The increase in the discount rate was applied to reflect a market participants’ perceived risk in the valuation implied by the sustained reduction in our stock price and, hence, market capitalization (which decreased approximately 25% from December 29, 2018 to the March 31, 2019 annual impairment test date and sustained this decline through June 29, 2019). For Miracle Whip and Maxwell House , the reduction in fair value was also driven by lower expectations of near and long-term net sales growth that were adjusted in the second quarter of 2019 due to anticipated trends in consumer preferences. For Lunchables , the reduction in fair value was also due to lower forecasted net sales and royalty rate assumptions associated with lower profit margin expectations driven by pricing actions at certain customers. For Velveeta , Philadelphia , and Cool Whip , no assumption changes other than the discount rate had a meaningful impact on the estimated fair value of brands. Since these valuation assumption changes were made in connection with the annual impairment test in the second quarter of 2019 and were not indicative of events or conditions that would have constituted a triggering event during the first quarter of 2019, we recorded the non-cash impairment loss in the second quarter of 2019. These brands had an aggregate carrying value of $13.5 billion prior to this impairment and $13.0 billion after impairment. The aggregate carrying amount associated with an additional three brands ( Kraft , Planters , and ABC ), which each had excess fair value over its carrying amount of 10% or less, was $13.4 billion as of the annual impairment test date. The aggregate carrying amount of an additional three brands ( Oscar Mayer , Jet Puffed , and Quero ), which each had fair value over its carrying amount of between 10-20%, was $3.6 billion as of the annual impairment test date. The aggregate carrying amount of brands with fair value over carrying amount between 20 - 50% was $4.2 billion , and the aggregate carrying amount of brands with fair value over carrying amount in excess of 50% was $9.3 billion as of the annual impairment test date. As a result of our 2018 annual impairment test, we recognized a non-cash impairment loss of $101 million in SG&A in the second quarter of 2018. This impairment loss was due to net sales and margin declines related to the Quero brand in Brazil. In the third quarter of 2018, we recognized a non-cash impairment loss of $215 million in SG&A related to the Smart Ones brand. This impairment loss was primarily due to reduced future investment expectations and continued sales declines in the third quarter of 2018. We transferred the remaining carrying value of Smart Ones to definite-lived intangible assets. Fair value determinations require considerable judgment and are sensitive to changes in underlying assumptions, estimates, and market factors. Estimating the fair value of individual brands requires us to make assumptions and estimates regarding our future plans, as well as industry, economic, and regulatory conditions. These assumptions and estimates include estimated future annual net cash flows, income tax considerations, discount rates, growth rates, royalty rates, contributory asset charges , and other market factors. If current expectations of future growth rates and margins are not met, if market factors outside of our control, such as discount rates, change, or if management’s expectations or plans otherwise change, including as a result of updates to our global five-year operating plan, then one or more of our brands might become impaired in the future. Our brands that were impaired in 2018 and 2019 were written down to their respective fair values resulting in zero excess fair value over carrying amount as of the applicable impairment test dates. Accordingly, these and other individual brands that have 20% or less excess fair value over carrying amount as of the 2019 annual impairment test date have a heightened risk of future impairments if any assumptions, estimates, or market factors change in the future. Although the remaining brands have more than 20% excess fair value over carrying amount as of the 2019 annual impairment test date, these amounts are also associated with the 2013 Heinz acquisition and the 2015 Merger and are recorded on the balance sheet at their estimated acquisition date fair values. Therefore, if any assumptions, estimates, or market factors change in the future, these amounts are also susceptible to impairments. Definite-lived intangible assets: Definite-lived intangible assets were (in millions): September 28, 2019 December 29, 2018 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Trademarks $ 2,456 $ (443 ) $ 2,013 $ 2,474 $ (402 ) $ 2,072 Customer-related assets 4,094 (799 ) 3,295 4,097 (681 ) 3,416 Other 14 (2 ) 12 18 (4 ) 14 $ 6,564 $ (1,244 ) $ 5,320 $ 6,589 $ (1,087 ) $ 5,502 Amortization expense for definite-lived intangible assets was $66 million for the three months and $214 million for the nine months ended September 28, 2019 and $75 million for the three months and $214 million for the nine months ended September 29, 2018 . Aside from amortization expense, the changes in definite-lived intangible assets from December 29, 2018 to September 28, 2019 primarily reflect additions of $66 million related to purchase accounting for Primal Nutrition , impairment losses of $5 million , and foreign currency. Definite-lived intangible assets at December 29, 2018 excluded amounts classified as held for sale. See Note 5, Acquisitions and Divestitures , for additional information related to our acquisition of Primal Nutrition, as well as amounts held for sale. We estimate that amortization expense related to definite-lived intangible assets will be approximately $273 million for the next year and approximately $273 million for each of the four years thereafter.

Income Taxes (Notes)

Income Taxes (Notes)	9 Months Ended
	Sep. 28, 2019
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, small movements in tax rates due to a change in tax law or a change in tax rates that causes us to revalue our deferred tax balances produces volatility in our effective tax rate. 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 22.6% for the three months ended September 28, 2019 compared to 24.6% for the three months ended September 29, 2018 . The decrease in our effective tax rate was primarily driven by a decrease in unfavorable net discrete items. Current year unfavorable impacts from net discrete items were primarily related to tax impacts for divestitures, specifically related to the Canada Natural Cheese Transaction, the impact of which was partially offset by the reversal of certain deferred withholding tax liabilities resulting from the ratification of the U.S. tax treaty with Spain. In the prior year, we had unfavorable impacts from net discrete items primarily related to the revaluation of our deferred tax balances due to changes in state tax laws, non-deductible currency devaluation losses, and non-deductible goodwill impairments, which were partially offset by the favorable impact of reversal of uncertain tax position reserves in the U.S. and certain state jurisdictions and changes in estimates of certain 2017 U.S. income and deductions. Our effective tax rate was 25.0% for the nine months ended September 28, 2019 compared to 24.7% for the nine months ended September 29, 2018 . The increase in our effective tax rate was primarily driven by the less favorable geographic mix of pre-tax income in various non-U.S. jurisdictions, partially offset by a decrease in unfavorable net discrete items. Current year unfavorable impacts from net discrete items primarily related to non-deductible goodwill impairment and the tax impacts from the Heinz India and Canada Natural Cheese Transactions, the impacts of which were partially offset by the reversal of uncertain tax position reserves in the U.S. and certain state jurisdictions and changes in estimates of certain 2018 U.S. income and deductions. In the prior year, we had an unfavorable impact from net discrete items, primarily related to the revaluation of our deferred tax balances due to changes in state tax laws, non-deductible currency devaluation losses, and non-deductible goodwill impairments, which were partially offset by the reversal of uncertain tax position reserves in the U.S. and certain state jurisdictions and changes in estimates of certain 2017 U.S. income and deductions.

Employees' Stock Incentive Plan

Employees' Stock Incentive Plans (Notes)	9 Months Ended
	Sep. 28, 2019
Share-based Payment Arrangement [Abstract]
Employees' Stock Incentive Plans	Employees’ Stock Incentive Plans Stock Options: Our stock option activity and related information was: Number of Stock Options Weighted Average Exercise Price Outstanding at December 29, 2018 18,259,965 $ 44.64 Granted 1,880,648 25.41 Forfeited (1,279,549 ) 66.59 Exercised (469,687 ) 23.19 Outstanding at September 28, 2019 18,391,377 41.70 The aggregate intrinsic value of stock options exercised during the period was $8 million for the nine months ended September 28, 2019 . 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 29, 2018 2,338,958 $ 68.49 Granted 7,867,566 25.64 Forfeited (695,969 ) 54.66 Vested (58,152 ) 84.95 Outstanding at September 28, 2019 9,452,403 33.74 The aggregate fair value of RSUs that vested during the period was $2 million for the nine months ended September 28, 2019 . Performance Share Units: Our performance share unit (“PSU”) activity and related information was: Number of Units Weighted Average Grant Date Fair Value (per share) Outstanding at December 29, 2018 3,252,056 $ 59.24 Forfeited (955,880 ) 58.10 Outstanding at September 28, 2019 2,296,176 59.72

Postemployment Benefits (Notes)

Postemployment Benefits (Notes)	9 Months Ended
	Sep. 28, 2019
Retirement Benefits [Abstract]
Postemployment Benefits	Postemployment Benefits We capitalize a portion of net pension and postretirement cost/(benefit) into inventory based on our production activities. Beginning January 1, 2018, only the service cost component of net pension and postretirement cost/(benefit) is capitalized into inventory. As part of the adoption of ASU 2017-07 in the first quarter of 2018, we recognized a one-time favorable credit of $42 million within cost of products sold related to amounts that were previously capitalized into inventory. Included in this credit was $28 million related to prior service credits that were previously capitalized to inventory. 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 September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Service cost $ 2 $ 2 $ 4 $ 4 Interest cost 41 41 12 16 Expected return on plan assets (58 ) (60 ) (34 ) (42 ) Amortization of prior service costs/(credits) — — 1 — Amortization of unrecognized losses/(gains) — — — 1 Settlements — (1 ) — — Special/contractual termination benefits — — 1 — Other — — 2 — Net pension cost/(benefit) $ (15 ) $ (18 ) $ (14 ) $ (21 ) For the Nine Months Ended U.S. Plans Non-U.S. Plans September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Service cost $ 6 $ 7 $ 12 $ 14 Interest cost 122 118 38 52 Expected return on plan assets (172 ) (187 ) (107 ) (134 ) Amortization of prior service costs/(credits) — — 1 — Amortization of unrecognized losses/(gains) — — — 2 Settlements — (3 ) — 58 Curtailments — — — (1 ) Special/contractual termination benefits — — 1 6 Other — — 3 — Net pension cost/(benefit) $ (44 ) $ (65 ) $ (52 ) $ (3 ) We present all non-service cost components of net pension cost/(benefit) within other expense/(income) on our condensed consolidated statements of income. Employer Contributions: Related to our non-U.S. pension plans, we contributed $15 million during the nine months ended September 28, 2019 and plan to make further contributions of approximately $4 million during the remainder of 2019. Related to our U.S. pension plans, we did no t contribute during the nine months ended September 28, 2019 and do no t plan to make contributions during the remainder of 2019. Our actual contributions and plans may change due to many factors, including changes in tax, employee benefit, or other laws and regulations, 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 For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Service cost $ 1 $ 2 $ 4 $ 6 Interest cost 12 11 35 33 Expected return on plan assets (13 ) (12 ) (40 ) (37 ) Amortization of prior service costs/(credits) (77 ) (77 ) (230 ) (233 ) Amortization of unrecognized losses/(gains) (2 ) — (6 ) — Curtailments (4 ) — (4 ) — Net postretirement cost/(benefit) $ (83 ) $ (76 ) $ (241 ) $ (231 ) We present all non-service cost components of net postretirement cost/(benefit) within other expense/(income) on our condensed consolidated statements of income. Employer Contributions: During the nine months ended September 28, 2019 , we contributed $8 million to our postretirement benefit plans. We plan to make further contributions of approximately $4 million

Financial Instruments (Notes)

Financial Instruments (Notes)	9 Months Ended
	Sep. 28, 2019
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 29, 2018 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 outstanding derivative instruments were (in millions): Notional Amount September 28, 2019 December 29, 2018 Commodity contracts $ 587 $ 478 Foreign exchange contracts 2,602 3,263 Cross-currency contracts 10,146 10,146 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 were (in millions): September 28, 2019 Quoted Prices in Active Markets for Identical Assets and Liabilities Significant Other Observable Inputs Total Fair Value Assets Liabilities Assets Liabilities Assets Liabilities Derivatives designated as hedging instruments: Foreign exchange contracts (a) $ — $ — $ 23 $ 12 $ 23 $ 12 Cross-currency contracts (b) — — 348 98 348 98 Derivatives not designated as hedging instruments: Commodity contracts (c) 17 11 1 1 18 12 Foreign exchange contracts (a) — — 4 25 4 25 Cross-currency contracts (b) — — 593 144 593 144 Total fair value $ 17 $ 11 $ 969 $ 280 $ 986 $ 291 (a) At September 28, 2019 , the fair value of our derivative assets was recorded in other current assets ( $23 million ) and other non-current assets ( $4 million ) the fair value of our derivative liabilities was recorded in other current liabilities ( $35 million ) and other non-current liabilities ( $2 million ). (b) At September 28, 2019 , the fair value of our derivative assets was recorded in other current assets ( $593 million ) and other non-current assets ( $348 million ), and the fair value of our derivative liabilities was recorded in other current liabilities ( $144 million ) and other non-current liabilities ( $98 million ). (c) At September 28, 2019 , the fair value of our derivative assets was recorded in other current assets ( $17 million ) and other non-current assets ( $1 million ) and the fair value of derivative liabilities was recorded in other current liabilities. December 29, 2018 Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Total Fair Value Assets Liabilities Assets Liabilities Assets Liabilities Derivatives designated as hedging instruments: Foreign exchange contracts (a) $ — $ — $ 51 $ 26 $ 51 $ 26 Cross-currency contracts (b) — — 139 3 139 3 Derivatives not designated as hedging instruments: Commodity contracts (a) 5 27 — 2 5 29 Foreign exchange contracts (a) — — 5 42 5 42 Cross-currency contracts (b) — — 557 119 557 119 Total fair value $ 5 $ 27 $ 752 $ 192 $ 757 $ 219 (a) The fair value of derivative assets was recorded in other current assets and the fair value of derivative liabilities was recorded in other current liabilities. (b) The fair value of derivative assets was recorded in other current assets ( $557 million ) and other non-current assets ( $139 million ), and the fair value of derivative liabilities was recorded within other current liabilities ( $119 million ) and other non-current liabilities ( $3 million ). 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 $221 million at September 28, 2019 and $124 million at December 29, 2018 . No significant amounts of collateral were received or posted on our derivative assets and liabilities at September 28, 2019 . 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 swaps, foreign exchange forwards, options, and swaps, and cross-currency swaps. Commodity swaps 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 and swaps are valued using an income approach based on observable market forward rates less the contract rate multiplied by the notional amount. Foreign exchange options are valued using an income approach based on a Black-Scholes-Merton formula. This formula uses present value techniques and reflects the time value and intrinsic value based on observable market rates. Cross-currency swaps are valued based on observable market spot and swap rates. We did not have any Level 3 financial assets or liabilities in any period presented. Our calculation of the fair value of financial instruments takes into consideration the risk of nonperformance, including counterparty credit risk. Net Investment Hedging: At September 28, 2019 , we had the following items designated as net investment hedges: • Non-derivative foreign denominated debt with principal amounts of €2,550 million and £400 million ; • Cross-currency contracts with notional amounts of £1.0 billion ( $1.4 billion ), C$2.1 billion ( $1.6 billion ), and ¥9.6 billion ( $85 million ); and • Foreign exchange contracts denominated in Chinese renminbi with an aggregate notional amount of $161 million . We periodically use non-derivative instruments such as non-U.S. dollar financing transactions or non-U.S. dollar assets or liabilities, including intercompany loans, to hedge the exposure of changes in underlying foreign currency denominated subsidiary net assets, and they are designated as net investment hedges. At September 28, 2019 , we had a euro intercompany loan with aggregate notional amount of $120 million . The component of the gains and losses on our net investment in these designated foreign operations, driven by changes in foreign exchange rates, are economically offset by fair value movements on the effective portion of our cross-currency contracts and foreign exchange contracts and remeasurements of our foreign denominated debt. Cash Flow Hedge Coverage: At September 28, 2019 , we had entered into foreign exchange contracts designated as cash flow hedges for periods not exceeding the next two years and into cross-currency contracts designated as cash flow hedges for periods not exceeding the next five years . Deferred Hedging Gains and Losses on Cash Flow Hedges: Based on our valuation at September 28, 2019 and assuming market rates remain constant through contract maturities, we expect transfers to net income/(loss) of unrealized gains on foreign currency cash flow hedges and cross-currency cash flow hedges during the next 12 months to be insignificant. Additionally, we expect transfers to net income/(loss) of unrealized losses on interest rate cash flow hedges during the next 12 months to be insignificant. Derivative Impact on the Statements of Comprehensive Income: The following table presents the pre-tax amounts of derivative gains/(losses) deferred into accumulated other comprehensive income/(losses) and the income statement line item that will be affected when reclassified to net income/(loss) (in millions): Accumulated Other Comprehensive Income/(Losses) Component Gains/(Losses) Recognized in Other Comprehensive Income/(Losses) Related to Derivatives Designated as Hedging Instruments Location of Gains/(Losses) When Reclassified to Net Income/(Loss) For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Cash flow hedges: Foreign exchange contracts $ — $ — $ (1 ) $ — Net sales Foreign exchange contracts 8 (5 ) (19 ) 27 Cost of products sold Foreign exchange contracts (excluded component) 1 (2 ) 1 (2 ) Cost of products sold Foreign exchange contracts — (12 ) (22 ) 19 Other expense/(income) Foreign exchange contracts (excluded component) — 2 — 2 Other expense/(income) Cross-currency contracts 43 — 62 — Other expense/(income) Cross-currency contracts (excluded component) 7 — 21 — Other expense/(income) Net investment hedges: Foreign exchange contracts 5 8 18 10 Other expense/(income) Foreign exchange contracts (excluded component) — 1 (1 ) 1 Interest expense Cross-currency contracts 66 (18 ) 28 78 Other expense/(income) Cross-currency contracts (excluded component) 8 6 22 6 Interest expense Total gains/(losses) recognized in statements of comprehensive income $ 138 $ (20 ) $ 109 $ 141 Derivative Impact on the Statements of Income: The following tables present the pre-tax amounts of derivative gains/(losses) reclassified from accumulated other comprehensive income/(losses) to net income/(loss) and the affected income statement line items (in millions): For the Three Months Ended September 28, 2019 September 29, 2018 (As Restated) Cost of products sold Interest expense Other expense/ (income) Cost of products sold Interest expense Other expense/ (income) Total amounts presented in the consolidated statements of income in which the following effects were recorded $ 4,129 $ 398 $ (380 ) $ 4,289 $ 326 $ (71 ) Gains/(losses) related to derivatives designated as hedging instruments: Cash flow hedges: Foreign exchange contracts $ 5 $ — $ — $ 1 $ — $ (12 ) Foreign exchange contracts (excluded component) 1 — — (1 ) — 2 Interest rate contracts — (1 ) — — (1 ) — Cross-currency contracts — — 38 — — — Cross-currency contracts (excluded component) — — 7 — — — Net investment hedges: Cross-currency contracts (excluded component) — 8 — — 6 — Gains/(losses) related to derivatives not designated as hedging instruments: Commodity contracts (13 ) — — (17 ) — — Foreign exchange contracts — — (10 ) — — (12 ) Cross-currency contracts — — 3 — — 2 Total gains/(losses) recognized in statements of income $ (7 ) $ 7 $ 38 $ (17 ) $ 5 $ (20 ) For the Nine Months Ended September 28, 2019 September 29, 2018 (As Restated) Cost of products sold Interest expense Other expense/ (income) Cost of products sold Interest expense Other expense/ (income) Total amounts presented in the consolidated statements of income in which the following effects were recorded $ 12,401 $ 1,035 $ (893 ) $ 12,672 $ 959 $ (181 ) Gains/(losses) related to derivatives designated as hedging instruments: Cash flow hedges: Foreign exchange contracts $ 22 $ — $ (22 ) $ (8 ) $ — $ 19 Foreign exchange contracts (excluded component) (1 ) — — (1 ) — 2 Interest rate contracts — (3 ) — — (3 ) — Cross-currency contracts — — 44 — — — Cross-currency contracts (excluded component) — — 21 — — — Net investment hedges: Foreign exchange contracts — — (6 ) — — — Foreign exchange contracts (excluded component) — (1 ) — — — — Cross-currency contracts (excluded component) — 22 — — 6 — Gains/(losses) related to derivatives not designated as hedging instruments: Commodity contracts 13 — — (32 ) — — Foreign exchange contracts — — (16 ) — — (56 ) Cross-currency contracts — — 10 — — 1 Total gains/(losses) recognized in statements of income $ 34 $ 18 $ 31 $ (41 ) $ 3 $ (34 ) Non-Derivative Impact on Statements of Comprehensive Income: Related to our non-derivative, foreign denominated debt instruments designated as net investment hedges, we recognized pre-tax gains of $128 million for the three months and $147 million for the nine months ended September 28, 2019 and $26 million for the three months and $118 million for the nine months ended September 29, 2018 . These amounts were recognized in other comprehensive income/(loss).

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income/(Losses) (Notes)	9 Months Ended
	Sep. 28, 2019
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 29, 2018 $ (2,476 ) $ 492 $ 41 $ (1,943 ) Foreign currency translation adjustments (272 ) — — (272 ) Net deferred gains/(losses) on net investment hedges 147 — — 147 Amounts excluded from the effectiveness assessment of net investment hedges 16 — — 16 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (10 ) — — (10 ) Net deferred gains/(losses) on cash flow hedges — — 24 24 Amounts excluded from the effectiveness assessment of cash flow hedges — — 21 21 Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) — — (55 ) (55 ) Net postemployment benefit gains/(losses) arising during the period — (14 ) — (14 ) Net postemployment benefit losses/(gains) reclassified to net income/(loss) — (176 ) — (176 ) Cumulative effect of accounting standards adopted in the period (a) — 114 22 136 Total other comprehensive income/(loss) (119 ) (76 ) 12 (183 ) Balance as of September 28, 2019 $ (2,595 ) $ 416 $ 53 $ (2,126 ) (a) In the first quarter of 2019, we adopted ASU 2018-02 related to reclassifying tax effects stranded in accumulated other comprehensive income/(losses). See Note 4, New Accounting Standards , for additional information. 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 September 28, 2019 September 29, 2018 (As Restated) Before Tax Amount Tax Net of Tax Amount Before Tax Amount Tax Net of Tax Amount Foreign currency translation adjustments $ (410 ) $ — $ (410 ) $ (142 ) $ — $ (142 ) Net deferred gains/(losses) on net investment hedges 199 (48 ) 151 16 (3 ) 13 Amounts excluded from the effectiveness assessment of net investment hedges 8 (2 ) 6 7 (4 ) 3 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (8 ) 2 (6 ) (6 ) 4 (2 ) Net deferred gains/(losses) on cash flow hedges 51 (1 ) 50 (17 ) 1 (16 ) Amounts excluded from the effectiveness assessment of cash flow hedges 8 — 8 — — — Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) (50 ) — (50 ) 11 1 12 Net actuarial gains/(losses) arising during the period (13 ) 4 (9 ) 22 (5 ) 17 Net postemployment benefit losses/(gains) reclassified to net income/(loss) (79 ) 20 (59 ) (77 ) 19 (58 ) For the Nine Months Ended September 28, 2019 September 29, 2018 (As Restated) Before Tax Amount Tax Net of Tax Amount Before Tax Amount Tax Net of Tax Amount Foreign currency translation adjustments $ (272 ) $ — $ (272 ) $ (796 ) $ — $ (796 ) Net deferred gains/(losses) on net investment hedges 193 (46 ) 147 206 (48 ) 158 Amounts excluded from the effectiveness assessment of net investment hedges 21 (5 ) 16 7 (4 ) 3 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (15 ) 5 (10 ) (6 ) 4 (2 ) Net deferred gains/(losses) on cash flow hedges 20 4 24 46 (6 ) 40 Amounts excluded from the effectiveness assessment of cash flow hedges 22 (1 ) 21 — — — Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) (61 ) 6 (55 ) (9 ) (1 ) (10 ) Net actuarial gains/(losses) arising during the period (14 ) — (14 ) 93 (23 ) 70 Net postemployment benefit losses/(gains) reclassified to net income/(loss) (235 ) 59 (176 ) (177 ) 44 (133 ) 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) to Net Income/(Loss) Affected Line Item in the Statements of Income For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Losses/(gains) on net investment hedges: Foreign exchange contracts (a) $ — $ — $ 6 $ — Other expense/(income) Foreign exchange contracts (b) — — 1 — Interest expense Cross-currency contracts (b) (8 ) (6 ) (22 ) (6 ) Interest expense Losses/(gains) on cash flow hedges: Foreign exchange contracts (c) (6 ) — (21 ) 9 Cost of products sold Foreign exchange contracts (c) — 10 22 (21 ) Other expense/(income) Cross-currency contracts (c) (45 ) — (65 ) — Other expense/(income) Interest rate contracts (d) 1 1 3 3 Interest expense Losses/(gains) on hedges before income taxes (58 ) 5 (76 ) (15 ) Losses/(gains) on hedges, income taxes 2 5 11 3 Losses/(gains) on hedges $ (56 ) $ 10 $ (65 ) $ (12 ) Losses/(gains) on postemployment benefits: Amortization of unrecognized losses/(gains) $ (2 ) $ 1 $ (6 ) $ 2 (e) Amortization of prior service costs/(credits) (76 ) (77 ) (229 ) (233 ) (e) Settlement and curtailment losses/(gains) (1 ) (1 ) (1 ) 54 (e) Other losses/(gains) on postemployment benefits — — 1 — Losses/(gains) on postemployment benefits before income taxes (79 ) (77 ) (235 ) (177 ) Losses/(gains) on postemployment benefits, income taxes 20 19 59 44 Losses/(gains) on postemployment benefits $ (59 ) $ (58 ) $ (176 ) $ (133 ) (a) Represents the reclassification of hedge losses/(gains) resulting from the complete or substantially complete liquidation of our investment in the underlying foreign operations. (b) Represents recognition of the excluded component in net income/(loss). (c) Includes amortization of the excluded component and the effective portion of the related hedges. (d) Represents amortization of realized hedge losses that were deferred into accumulated other comprehensive income/(losses) through the maturity of the related long-term debt instruments. (e) These components are included in the computation of net periodic postemployment benefit costs. See Note 12, Postemployment Benefits , for additional information. In this note we have excluded activity and balances related to noncontrolling interest due to its insignificance. This activity was primarily related to foreign currency translation adjustments.

Venezuela - Foreign Currency an

Venezuela - Foreign Currency and Inflation (Notes)	9 Months Ended
	Sep. 28, 2019
Foreign Currency [Abstract]
Venezuela - Foreign Currency and Inflation	Venezuela - Foreign Currency and Inflation We have a subsidiary in Venezuela that manufactures and sells a variety of products, primarily in the condiments and sauces and infant and nutrition categories. We apply highly inflationary accounting to the results of our Venezuelan subsidiary and include these results in our condensed consolidated financial statements. Under highly inflationary accounting, the functional currency of our Venezuelan subsidiary is the U.S. dollar (the reporting currency of Kraft Heinz), although the majority of its transactions are in Venezuelan bolivars. As a result, we must revalue the results of our Venezuelan subsidiary to U.S. dollars. As of September 28, 2019 , companies and individuals are allowed to use an auction-based system at private and public banks to obtain foreign currency. This is the only foreign currency exchange mechanism legally available to us for converting Venezuelan bolivars to U.S. dollars. Published daily by the Banco Central de Venezuela, the exchange rate (“BCV Rate”) is calculated as the weighted average rate of participating banking institutions with active exchange operations. We believe the BCV Rate is the most appropriate legally available rate at which to translate the results of our Venezuelan subsidiary. Therefore, we revalue the income statement using the weighted average BCV Rates, and we revalue the bolivar-denominated monetary assets and liabilities at the period-end BCV Rate. The resulting revaluation gains and losses are recorded in current net income/(loss), rather than accumulated other comprehensive income/(losses). These gains and losses are classified within other expense/(income) as nonmonetary currency devaluation on our condensed consolidated statements of income. The BCV Rate at September 28, 2019 was BsS 21,028.08 per U.S. dollar compared to BsS 638.18 at December 29, 2018 . The weighted average rate was BsS 14,919.84 for the three months and BsS 7,460.73 for the nine months ended September 28, 2019 and BsS 6.10 for the three months and BsS 2.46 for the nine months ended September 29, 2018 . Remeasurements of the bolivar-denominated monetary assets and liabilities and operating results of our Venezuelan subsidiary at BCV Rates resulted in nonmonetary currency devaluation losses of $4 million for the three months and $10 million for the nine months ended September 28, 2019 and $64 million for the three months and $131 million for the nine months ended September 29, 2018 . These losses were recorded in other expense/(income) in the consolidated statements of income. Our Venezuelan subsidiary obtains U.S. dollars through private and public bank auctions, royalty payments, and exports. These U.S. dollars are primarily used for purchases of tomato paste and spare parts for manufacturing, as well as a limited amount of other operating costs. As of September 28, 2019 , our Venezuelan subsidiary had sufficient U.S. dollars to fund these operational needs in the foreseeable future. However, further deterioration of the economic environment or regulation changes could jeopardize our export business. In addition to the bank auctions described above, there is an unofficial market for obtaining U.S. dollars with Venezuelan bolivars. The exact exchange rate is widely debated but is generally accepted to be substantially higher than the latest published BCV Rate. We have not transacted at any unofficial market rates and have no plans to transact at unofficial market rates in the foreseeable future. Our results of operations in Venezuela reflect a controlled subsidiary. 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 along with 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.

Financing Arrangements (Notes)

Financing Arrangements (Notes)	9 Months Ended
	Sep. 28, 2019
Transfers and Servicing [Abstract]
Financing Arrangements	Financing Arrangements We have utilized accounts receivable securitization and factoring programs (the “Programs”) globally for our working capital needs and to provide efficient liquidity. During 2018, we had Programs in place in various countries across the globe. In the second quarter of 2018, we unwound our U.S. securitization program, which represented the majority of our Programs, using proceeds from the issuance of long-term debt in June 2018. As of December 29, 2018 , we had unwound all of our Programs. We operated the Programs such that we generally utilized the majority of the available aggregate cash consideration limits. We accounted for transfers of receivables pursuant to the Programs as a sale and removed them from our consolidated balance sheets. Under the Programs, we generally received cash consideration up to a certain limit and recorded a non-cash exchange for sold receivables for the remainder of the purchase price. We maintained a “beneficial interest,” or a right to collect cash, in the sold receivables. Cash receipts from the payments on sold receivables (which are cash receipts on the underlying trade receivables that have already been securitized in these Programs) are classified as investing activities and presented as cash receipts on sold receivables on our consolidated statements of cash flows. As all of the Programs were unwound as of December 29, 2018 , there were no related amounts on our condensed consolidated balance sheets at September 28, 2019 or December 29, 2018 . Our U.S. securitization program utilized a bankruptcy-remote special-purpose entity (“SPE”). The SPE was wholly-owned by a subsidiary of Kraft Heinz, and its sole business consisted of the purchase or acceptance, through capital contributions, of receivables and related assets from a Kraft Heinz subsidiary and the subsequent transfer of such receivables and related assets to a bank. Although the SPE is included in our consolidated financial statements, it was a separate legal entity with separate creditors who were entitled, upon its liquidation in the second quarter of 2018, to be satisfied out of the SPE's assets prior to any assets or value in the SPE becoming available to Kraft Heinz or its subsidiaries. We enter into various structured payable and product financing arrangements to facilitate supply from our vendors. Balance sheet classification is based on the nature of the agreements. For certain arrangements, we classify amounts outstanding within other current liabilities on our consolidated balance sheets. We had approximately $146 million on our consolidated balance sheets at September 28, 2019 and approximately $267 million at December 29, 2018 related to these arrangements.

Commitments, Contingencies and

Commitments, Contingencies and Debt (Notes)	9 Months Ended
	Sep. 28, 2019
Debt Disclosure [Abstract]
Commitments, Contingencies and Debt	Commitments, Contingencies and Debt Legal Proceedings We are involved in legal proceedings, claims, and governmental inquiries, inspections, or investigations (“Legal Matters”) arising in the ordinary course of our 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 the Legal Matters that are currently pending will have a material adverse effect on our financial condition, results of operations, or cash flows. Class Actions and Stockholder Derivative Actions: We and certain of our current and former officers and directors are currently defendants in three securities class action lawsuits filed in February, March, and April 2019. The first filed action, Hedick v. The Kraft Heinz Company , was filed on February 24, 2019 against the Company and three of its officers (the “Hedick Action”). The second filed action, Iron Workers District Council (Philadelphia and Vicinity) Retirement and Pension Plan v. The Kraft Heinz Company , was filed on March 15, 2019 against, among others, the Company and six of its current and former officers (the “Iron Workers Action”). The third filed action, Timber Hill LLC v. The Kraft Heinz Company , was filed on April 25, 2019 against, among others, the Company and seven of its current and former officers and directors (the “Timber Hill Action”). All of these securities class action lawsuits were filed in the United States District Court for the Northern District of Illinois. Another securities class action lawsuit, Walling v. Kraft Heinz Company , was filed on February 26, 2019 in the United States District Court for the Western District of Pennsylvania against, among others, the Company and six of its current and former officers (the “Walling Action”). Plaintiff in the Walling Action filed a notice of voluntary dismissal of his complaint, without prejudice, on April 26, 2019. Plaintiffs in these lawsuits purport to represent a class of all individuals and entities who purchased, sold, or otherwise acquired or disposed of publicly traded securities of the Company (including in the Timber Hill Action, the purchase of call options on Company common stock, the sale of put options on Company common stock, and the purchase of futures on the Company’s common stock) from May 4, 2017 through February 21, 2019, in the case of the Hedick Action and the Walling Action, and from July 6, 2015 through February 21, 2019, in the case of the Iron Workers Action and the Timber Hill Action. The complaints assert claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 10b-5 promulgated thereunder, based on allegedly materially false or misleading statements and omissions in public statements, press releases, investor presentations, earnings calls, and SEC filings regarding the Company’s business, financial results, and internal controls. The plaintiffs seek damages in an unspecified amount, attorneys’ fees and other relief. On October 8, 2019, the court entered an order consolidating these lawsuits into one proceeding and appointing lead plaintiffs and lead plaintiffs’ counsel. In addition, our Employee Benefits Administration Board and certain of our current and former officers and employees are currently defendants in one class action lawsuit, Osborne v. Employee Benefits Administration Board of Kraft Heinz , which was filed on March 19, 2019 in the United States District Court for the Western District of Pennsylvania. Plaintiffs in the lawsuit purport to represent a class of current and former employees who were participants in and beneficiaries of various retirement plans which were co-invested in a commingled investment fund known as the Kraft Foods Savings Plan Master Trust (the “Master Trust”) during the period of May 4, 2017 through February 21, 2019. An amended complaint was filed on June 28, 2019. The amended complaint alleges violations of Section 502 of the Employee Retirement Income Security Act (“ERISA”) based on alleged breaches of obligations as fiduciaries subject to ERISA by allowing the Master Trust to continue investing in our common stock, and alleges additional breaches of fiduciary duties by current and former officers for their purported failure to monitor Master Trust fiduciaries. The plaintiffs seek damages in an unspecified amount, attorneys’ fees, and other relief. Certain of our current and former officers and directors, among others, were also named as defendants in three stockholder derivative actions pending in the United States District Court for the Western District of Pennsylvania: Vladimir Gusinsky Revocable Trust v. Hees filed on May 8, 2019, Silverman v. Behring filed on May 15, 2019, and Green v. Behring filed on May 23, 2019, with the Company named as a nominal defendant. On June 14, 2019, plaintiffs in two other stockholder derivative actions, DeFabiis v. Hees and Kailas v. Hees , which were filed on April 16, 2019 and May 13, 2019, respectively, in the United States District Court for the Western District of Pennsylvania, filed notices of voluntary dismissal of their complaints, without prejudice. The three remaining lawsuits were consolidated, styled as In re Kraft Heinz Shareholder Derivative Litigation , and a consolidated amended complaint was filed on July 31, 2019. The consolidated amended complaint asserts claims under the common law and statutory law of Delaware for alleged breaches of fiduciary duties, unjust enrichment, and contribution for alleged violations of Sections 10(b) and 21D of the Exchange Act and Rule 10b-5 promulgated thereunder, based on allegedly materially false or misleading statements and omissions in public statements and SEC filings, and for implementing cost cutting measures that allegedly damaged the company. The plaintiffs seek damages in an unspecific amount, attorneys’ fees, and other relief. The two plaintiffs who voluntarily dismissed their derivative lawsuits against certain of the Company’s current and former directors have filed new derivative actions in the Delaware Court of Chancery against 3G Capital, Inc. and several of its subsidiaries and affiliates (the “3G Entities”), with the Company named as a nominal defendant. The first action, DeFabiis v 3G Capital, Inc. , was filed on June 14, 2019, and the second action, Kailas v. 3G Capital, Inc. , was filed on October 9, 2019. The complaints allege that the defendant 3G Entities were controlling shareholders who owed fiduciary duties to the Company, and that they breached those duties by allegedly engaging in insider trading and misappropriating the Company’s material, non-public information. The complaints seek relief against the 3G Entities in the form of disgorgement of all profits obtained from alleged insider trading plus an award of attorneys’ fees and costs. A third derivative lawsuit, Mary Nell Legg Family Trust v. 3G Capital Inc., was filed on October 29, 2019 in the Delaware Court of Chancery against certain of the Company’s current and former officers and directors, in addition to the 3G Entities, with the Company named as a nominal defendant. The complaint alleges that the defendant 3G Entities were controlling shareholders who owed fiduciary duties to the Company, and that they breached those duties by allegedly engaging in insider trading and misappropriating the Company’s material, non-public information. The complaint alleges the remaining defendants breached their fiduciary duties to the Company by purportedly making materially misleading statements and omissions regarding the Company’s financial performance and the impairment of its goodwill and intangible assets. The complaint seeks relief against the defendants in the form of damages, disgorgement of all profits the 3G Entities obtained from alleged insider trading, and an award of attorneys’ fees and costs. We intend to vigorously defend against these lawsuits; however, we cannot reasonably estimate the potential range of loss, if any, due to the early stage of these proceedings. Securities and Exchange Commission Investigation: As previously disclosed on February 21, 2019, we received a subpoena in October 2018 from the SEC related to our procurement area, specifically the accounting policies, procedures, and internal controls related to our procurement function, including, but not limited to, agreements, side agreements, and changes or modifications to agreements with our suppliers. Following the receipt of this subpoena, we, together with external counsel and forensic accountants, and subsequently, under the oversight of the Audit Committee, conducted an internal investigation into our procurement area and related matters. The SEC has also issued additional subpoenas seeking information related to our financial reporting, internal controls, and disclosures, our assessment of goodwill and intangible asset impairments, our communications with certain shareholders, and other procurement-related information and materials in connection with its investigation. It is our understanding that the United States Attorney’s Office for the Northern District of Illinois also is reviewing this matter, working with the SEC and receiving materials from it. We cannot predict the eventual scope, duration or outcome of any potential SEC legal action or other action or whether it could have a material impact on our financial condition, results of operations, or cash flows. We have been responsive to the ongoing subpoenas and other document requests and will continue to cooperate fully with any governmental or regulatory inquiries or investigations. Other Commitments and Contingencies Redeemable Noncontrolling Interest: We have a joint venture with a minority partner to manufacture, package, market, and distribute food products. We control operations and include this business in our consolidated results. Our minority partner has put options that, if it chooses to exercise, would require us to purchase portions of its equity interest at a future date. These put options will become exercisable beginning in 2025 (on the eighth anniversary of the product launch date) at a price to be determined at that time based upon an independent third party valuation. The minority partner’s put options are reflected on our consolidated balance sheets as a redeemable noncontrolling interest. We accrete the redeemable noncontrolling interest to its estimated redemption value over the term of the put options. At September 28, 2019 , we estimate the redemption value to be approximately $38 million . Debt Borrowing Arrangements: We obtain funding through our U.S. and European commercial paper programs. We had no commercial paper outstanding at September 28, 2019 or at December 29, 2018 . The maximum amount of commercial paper outstanding during the nine months ended September 28, 2019 was $200 million . See Note 19, Debt , to our consolidated financial statements for the year ended December 29, 2018 in our Annual Report on Form 10-K for additional information on our borrowing arrangements. Tender Offers: On September 3, 2019, Kraft Heinz Foods Company (“KHFC”), our 100% owned subsidiary, commenced an offer to purchase for cash any and all of its outstanding 5.375% senior notes due February 2020 (the “First Tender Offer”). The First Tender Offer expired on September 9, 2019 with a settlement date of September 10, 2019. Additionally, on September 11, 2019, KHFC commenced an offer to purchase for cash up to the maximum combined aggregate purchase price of $2.5 billion , excluding accrued and unpaid interest, of its outstanding 3.500% senior notes due June 2022, 3.500% senior notes due July 2022, 4.000% senior notes due June 2023, and 4.875% second lien senior secured notes due February 2025 (the “Second Tender Offer”) (collectively with the First Tender Offer, the “Tender Offers”). The Second Tender Offer settled on September 26, 2019. The aggregate principal amounts of senior notes and second lien senior secured notes before and after the Tender Offers and the amounts validly tendered pursuant to the Tender Offers were (in millions): Aggregate Principal Amount Outstanding Before Tender Offers Amount Validly Tendered Aggregate Principal Amount Outstanding After Tender Offers 5.375% senior notes due February 2020 $ 900 $ 495 $ 405 3.500% senior notes due June 2022 2,000 881 1,119 3.500% senior notes due July 2022 1,000 554 446 4.000% senior notes due June 2023 1,600 762 838 4.875% second lien senior secured notes due February 2025 1,200 224 976 In connection with the Tender Offers, we recognized a loss on extinguishment of debt of $88 million . This loss primarily reflects the payment of early tender premiums and fees associated with the Tender Offers as well as the write-off of unamortized debt issuance costs, premiums, and discounts. We recognized this loss on extinguishment of debt within interest expense on the condensed consolidated statement of income. The cash payments related to the debt extinguishment are classified as cash outflows from financing activities on the condensed consolidated statement of cash flows. For the nine months ended September 28, 2019, debt prepayment and extinguishment costs per the condensed consolidated statement of cash flows were $91 million , which reflect the $88 million loss on extinguishment of debt adjusted for the non-cash write-off of unamortized premiums of $10 million , unamortized debt issuance costs of $5 million , and unamortized discounts of $2 million . Debt Redemptions: Concurrently with the commencement of the First Tender Offer, we issued a notice of redemption by Kraft Heinz Canada ULC, our 100% owned subsidiary, of all of Kraft Heinz Canada ULC’s outstanding 2.700% Canadian dollar senior notes due July 2020, of which 300 million Canadian dollar aggregate principal amount was outstanding, and a notice of partial redemption by KHFC of $800 million of KHFC’s 2.800% senior notes due July 2020, of which $1.5 billion aggregate principal amount was outstanding. The effective date of these redemptions was October 3, 2019. Concurrently with the commencement of the Second Tender Offer, we issued a second notice of partial redemption providing for the redemption of $500 million aggregate principal amount of KHFC’s remaining 2.800% senior notes due July 2020. The effective date of this redemption was October 11, 2019. The aggregate principal amounts of senior notes before and after the debt redemptions in October 2019 were (in millions): Aggregate Principal Amount Outstanding Before Redemptions Amount Redeemed Aggregate Principal Amount Outstanding After Redemption 2.700% Canadian dollar senior notes due July 2020 C$ 300 C$ 300 C$ — 2.800% senior notes due July 2020 $ 1,500 $ 1,300 $ 200 Our condensed consolidated financial statements as of September 28, 2019 do not reflect the extinguishment of these notes as they occurred in the fourth quarter of 2019. Debt Issuances: In September 2019, KHFC issued $1.0 billion aggregate principal amount of 3.750% senior notes due April 2030, $500 million aggregate principal amount of 4.625% senior notes due October 2039, and $1.5 billion aggregate principal amount of 4.875% senior notes due October 2049 (collectively, the “2019 Notes”). The 2019 Notes are fully and unconditionally guaranteed by Kraft Heinz as to payment of principal, premium, and interest on a senior unsecured basis. We used the proceeds from the 2019 Notes to fund the Second Tender Offer and to pay fees and expenses in connection therewith and to fund the partial redemption of $500 million aggregate principal amount of our 2.800% senior notes due July 2020, described above. A tabular summary of the 2019 Notes is included below. Aggregate Principal Amount (in millions) 3.750% senior notes due April 2030 $ 1,000 4.625% senior notes due October 2039 500 4.875% senior notes due October 2049 1,500 Total senior notes issued $ 3,000 In June 2018, KHFC issued $300 million aggregate principal amount of 3.375% senior notes due June 2021, $1.6 billion aggregate principal amount of 4.000% senior notes due June 2023, and $1.1 billion aggregate principal amount of 4.625% senior notes due January 2029 (collectively, the “2018 Notes”). The 2018 Notes are fully and unconditionally guaranteed by Kraft Heinz as to payment of principal, premium, and interest on a senior unsecured basis. We used approximately $500 million of the proceeds from the 2018 Notes in connection with the wind-down of our U.S. securitization program in the second quarter of 2018. We also used proceeds from the 2018 Notes to refinance a portion of our commercial paper borrowings in the second quarter of 2018, to repay certain notes that matured in July and August 2018, and for other general corporate purposes. Debt Issuance Costs: Debt issuance costs related to the 2019 Notes were $25 million with $23 million paid as of September 28, 2019 . Debt issuance costs related to the 2018 Notes were $15 million . Debt Repayments: In August 2019, we repaid $350 million aggregate principal amount of senior notes that matured in the period. In July and August 2018, we repaid $2.7 billion aggregate principal amount of senior notes that matured in the period. We funded these long-term debt repayments primarily with proceeds from the 2018 Notes issued in June 2018. Fair Value of Debt: At September 28, 2019 , the aggregate fair value of our total debt was $31.8 billion as compared with a carrying value of $30.7 billion . At December 29, 2018 , the aggregate fair value of our total debt was $30.1 billion as compared with a carrying value of $31.2 billion . Our short-term debt had carrying value that approximated its fair value at September 28, 2019 and December 29, 2018 . 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.

Leases (Notes)

Leases (Notes)	9 Months Ended
	Sep. 28, 2019
Leases [Abstract]
Leases	Leases We have operating and finance leases, primarily for warehouse, production, and office facilities and equipment. Our lease contracts have remaining contractual lease terms of up to 14 years, some of which include options to extend the term by up to 10 years. We include renewal options that are reasonably certain to be exercised as part of the lease term. Additionally, some lease contracts include termination options. We do not expect to exercise the majority of our termination options and generally exclude such options when determining the term of our leases. See Note 3, Significant Accounting Policies , for our lease accounting policy. The components of our lease costs were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 Operating lease costs $ 49 $ 145 Finance lease costs: Amortization of right-of-use assets 6 19 Interest on lease liabilities 2 5 Short-term lease costs 3 9 Variable lease costs 325 976 Sublease income (4 ) (11 ) Total lease costs $ 381 $ 1,143 Our variable lease costs primarily consist of inventory related costs, such as materials, labor, and overhead components in our manufacturing and distribution arrangements that also contain a fixed component related to an embedded lease. These variable lease costs are determined based on usage or output or may vary for other reasons such as changes in materials prices, taxes, or insurance. Certain of our variable lease costs are based on fluctuating indices or rates. These leases are included in our ROU assets and lease liabilities based on the index or rate at the lease commencement date. The future variability in these indices and rates is unknown; therefore, it is excluded from our future minimum lease payments and is not a component of our ROU assets or lease liabilities. Losses/(gains) on sale and leaseback transactions, net, were insignificant for the three months and nine months ended September 28, 2019 . Supplemental balance sheet information related to our leases was (in millions, except lease term and discount rate): September 28, 2019 Operating Finance Right-of-use assets $ 557 $ 183 Lease liabilities (current) 153 28 Lease liabilities (non-current) 467 157 Weighted average remaining lease term 6 years 9 years Weighted average discount rate 4.1 % 3.4 % Operating lease ROU assets are included in other non-current assets and finance lease ROU assets are included in property, plant and equipment, net, on our condensed consolidated balance sheets. The current portion of operating lease liabilities is included in other current liabilities, and the current portion of finance lease liabilities is included in the current portion of long-term debt on our condensed consolidated balance sheets. The non-current portion of operating lease liabilities is included in other non-current liabilities, and the non-current portion of finance lease liabilities is included in long-term debt on our condensed consolidated balance sheets. Cash flows arising from lease transactions were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash inflows/(outflows) from operating leases $ (48 ) $ (146 ) Operating cash inflows/(outflows) from finance leases (2 ) (5 ) Financing cash inflows/(outflows) from finance leases (7 ) (20 ) Right-of-use assets obtained in exchange for lease liabilities: Operating leases 4 31 Finance leases 8 8 Future minimum lease payments for leases in effect at September 28, 2019 were (in millions): Operating Finance 2019 (excluding the nine months ended September 28, 2019) $ 49 $ 9 2020 165 32 2021 128 70 2022 93 21 2023 66 9 Thereafter 206 85 Total future undiscounted lease payments 707 226 Less imputed interest (87 ) (41 ) Total lease liability $ 620 $ 185 Minimum rental commitments under non-cancelable operating leases in effect at December 29, 2018 under the previous lease standard, ASC 840, were (in millions): 2019 $ 185 2020 137 2021 105 2022 70 2023 49 Thereafter 148 Total $ 694 At September 28, 2019 , our operating and finance leases that had not yet commenced were insignificant.
Leases	Leases We have operating and finance leases, primarily for warehouse, production, and office facilities and equipment. Our lease contracts have remaining contractual lease terms of up to 14 years, some of which include options to extend the term by up to 10 years. We include renewal options that are reasonably certain to be exercised as part of the lease term. Additionally, some lease contracts include termination options. We do not expect to exercise the majority of our termination options and generally exclude such options when determining the term of our leases. See Note 3, Significant Accounting Policies , for our lease accounting policy. The components of our lease costs were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 Operating lease costs $ 49 $ 145 Finance lease costs: Amortization of right-of-use assets 6 19 Interest on lease liabilities 2 5 Short-term lease costs 3 9 Variable lease costs 325 976 Sublease income (4 ) (11 ) Total lease costs $ 381 $ 1,143 Our variable lease costs primarily consist of inventory related costs, such as materials, labor, and overhead components in our manufacturing and distribution arrangements that also contain a fixed component related to an embedded lease. These variable lease costs are determined based on usage or output or may vary for other reasons such as changes in materials prices, taxes, or insurance. Certain of our variable lease costs are based on fluctuating indices or rates. These leases are included in our ROU assets and lease liabilities based on the index or rate at the lease commencement date. The future variability in these indices and rates is unknown; therefore, it is excluded from our future minimum lease payments and is not a component of our ROU assets or lease liabilities. Losses/(gains) on sale and leaseback transactions, net, were insignificant for the three months and nine months ended September 28, 2019 . Supplemental balance sheet information related to our leases was (in millions, except lease term and discount rate): September 28, 2019 Operating Finance Right-of-use assets $ 557 $ 183 Lease liabilities (current) 153 28 Lease liabilities (non-current) 467 157 Weighted average remaining lease term 6 years 9 years Weighted average discount rate 4.1 % 3.4 % Operating lease ROU assets are included in other non-current assets and finance lease ROU assets are included in property, plant and equipment, net, on our condensed consolidated balance sheets. The current portion of operating lease liabilities is included in other current liabilities, and the current portion of finance lease liabilities is included in the current portion of long-term debt on our condensed consolidated balance sheets. The non-current portion of operating lease liabilities is included in other non-current liabilities, and the non-current portion of finance lease liabilities is included in long-term debt on our condensed consolidated balance sheets. Cash flows arising from lease transactions were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash inflows/(outflows) from operating leases $ (48 ) $ (146 ) Operating cash inflows/(outflows) from finance leases (2 ) (5 ) Financing cash inflows/(outflows) from finance leases (7 ) (20 ) Right-of-use assets obtained in exchange for lease liabilities: Operating leases 4 31 Finance leases 8 8 Future minimum lease payments for leases in effect at September 28, 2019 were (in millions): Operating Finance 2019 (excluding the nine months ended September 28, 2019) $ 49 $ 9 2020 165 32 2021 128 70 2022 93 21 2023 66 9 Thereafter 206 85 Total future undiscounted lease payments 707 226 Less imputed interest (87 ) (41 ) Total lease liability $ 620 $ 185 Minimum rental commitments under non-cancelable operating leases in effect at December 29, 2018 under the previous lease standard, ASC 840, were (in millions): 2019 $ 185 2020 137 2021 105 2022 70 2023 49 Thereafter 148 Total $ 694 At September 28, 2019 , our operating and finance leases that had not yet commenced were insignificant.

Earnings Per Share (Notes)

Earnings Per Share (Notes)	9 Months Ended
	Sep. 28, 2019
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Our earnings per common share (“EPS”) were: For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 (As Restated) (As Restated) (in millions, except per share data) Basic Earnings Per Common Share: Net income/(loss) attributable to common shareholders $ 899 $ 619 $ 1,753 $ 2,376 Weighted average shares of common stock outstanding 1,221 1,219 1,220 1,219 Net earnings/(loss) $ 0.74 $ 0.51 $ 1.44 $ 1.95 Diluted Earnings Per Common Share: Net income/(loss) attributable to common shareholders $ 899 $ 619 $ 1,753 $ 2,376 Weighted average shares of common stock outstanding 1,221 1,219 1,220 1,219 Effect of dilutive equity awards 2 7 3 8 Weighted average shares of common stock outstanding, including dilutive effect 1,223 1,226 1,223 1,227 Net earnings/(loss) $ 0.74 $ 0.50 $ 1.43 $ 1.94 We use the treasury stock method to calculate the dilutive effect of outstanding equity awards in the denominator for diluted EPS. Anti-dilutive shares were 13 million for the three months and 11 million for the nine months ended September 28, 2019 and 6 million for the three months and 5 million for the nine months ended September 29, 2018 .

Segment Reporting (Notes)

Segment Reporting (Notes)	9 Months Ended
	Sep. 28, 2019
Segment Reporting [Abstract]
Segment Reporting	Segment Reporting Management evaluates segment performance based on several factors, including net sales and Segment Adjusted EBITDA. Segment Adjusted EBITDA is defined as net income/(loss) from continuing operations before interest expense, other expense/(income), provision for/(benefit from) income taxes, and depreciation and amortization (excluding integration and restructuring expenses); in addition to these adjustments, we exclude, when they occur, the impacts of integration and restructuring expenses, deal 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, and equity award compensation expense (excluding integration and restructuring expenses). 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. Management uses Segment Adjusted EBITDA to evaluate segment performance and allocate resources. 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 For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 (As Restated) (As Restated) Net sales: United States $ 4,361 $ 4,431 $ 13,074 $ 13,312 Canada 415 525 1,425 1,573 EMEA 612 634 1,862 2,026 Rest of World 688 793 2,080 2,466 Total net sales $ 6,076 $ 6,383 $ 18,441 $ 19,377 Segment Adjusted EBITDA was (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 (As Restated) (As Restated) Segment Adjusted EBITDA: United States $ 1,155 $ 1,176 $ 3,539 $ 3,969 Canada 107 144 371 451 EMEA 165 165 479 553 Rest of World 100 148 303 505 General corporate expenses (58 ) (39 ) (192 ) (128 ) Depreciation and amortization (excluding integration and restructuring expenses) (243 ) (245 ) (730 ) (679 ) Integration and restructuring expenses (15 ) (32 ) (56 ) (215 ) Deal costs (6 ) (3 ) (19 ) (19 ) Unrealized gains/(losses) on commodity hedges (9 ) (6 ) 30 (11 ) Impairment losses (5 ) (217 ) (1,223 ) (451 ) Equity award compensation expense (excluding integration and restructuring expenses) (11 ) (17 ) (26 ) (44 ) Operating income/(loss) 1,180 1,074 2,476 3,931 Interest expense 398 326 1,035 959 Other expense/(income) (380 ) (71 ) (893 ) (181 ) Income/(loss) before income taxes $ 1,162 $ 819 $ 2,334 $ 3,153 In the fourth quarter of 2018, 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. Net sales by product category were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 (As Restated) (As Restated) Condiments and sauces $ 1,611 $ 1,629 $ 4,850 $ 5,113 Cheese and dairy 1,104 1,236 3,552 3,727 Ambient foods 623 612 1,782 1,866 Frozen and chilled foods 643 685 1,847 1,900 Meats and seafood 612 645 1,852 1,893 Refreshment beverages 397 387 1,190 1,197 Coffee 296 342 932 1,041 Infant and nutrition 120 172 387 596 Desserts, toppings and baking 246 244 693 714 Nuts and salted snacks 233 229 687 650 Other 191 202 669 680 Total net sales $ 6,076 $ 6,383 $ 18,441 $ 19,377

Supplemental Guarantor Informat

Supplemental Guarantor Information (Notes)	9 Months Ended
	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplemental Guarantor Information	Supplemental Guarantor Information Kraft Heinz fully and unconditionally guarantees the notes issued by our 100% owned operating subsidiary, Kraft Heinz Foods Company. See Note 19, Debt , to our consolidated financial statements for the year ended December 29, 2018 in our Annual Report on Form 10-K for additional descriptions of these guarantees. None of our other subsidiaries guarantee such 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 September 28, 2019 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,118 $ 2,070 $ (112 ) $ 6,076 Cost of products sold — 2,742 1,499 (112 ) 4,129 Gross profit — 1,376 571 — 1,947 Selling, general and administrative expenses, excluding impairment losses — 195 567 — 762 Goodwill impairment losses — — — — — Intangible asset impairment losses — — 5 — 5 Selling, general and administrative expenses — 195 572 — 767 Intercompany service fees and other recharges — 719 (719 ) — — Operating income/(loss) — 462 718 — 1,180 Interest expense — 384 14 — 398 Other expense/(income) — 12 (392 ) — (380 ) Income/(loss) before income taxes — 66 1,096 — 1,162 Provision for/(benefit from) income taxes — 31 233 — 264 Equity in earnings/(losses) of subsidiaries 899 864 — (1,763 ) — Net income/(loss) 899 899 863 (1,763 ) 898 Net income/(loss) attributable to noncontrolling interest — — (1 ) — (1 ) Net income/(loss) excluding noncontrolling interest $ 899 $ 899 $ 864 $ (1,763 ) $ 899 Comprehensive income/(loss) excluding noncontrolling interest $ 580 $ 580 $ (258 ) $ (322 ) $ 580 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Three Months Ended September 29, 2018 (in millions) (Unaudited) As Restated Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,226 $ 2,295 $ (138 ) $ 6,383 Cost of products sold — 2,819 1,608 (138 ) 4,289 Gross profit — 1,407 687 — 2,094 Selling, general and administrative expenses, excluding impairment losses — 205 598 — 803 Goodwill impairment losses — — — — — Intangible asset impairment losses — — 217 — 217 Selling, general and administrative expenses — 205 815 — 1,020 Intercompany service fees and other recharges — 975 (975 ) — — Operating income/(loss) — 227 847 — 1,074 Interest expense — 310 16 — 326 Other expense/(income) — (60 ) (11 ) — (71 ) Income/(loss) before income taxes — (23 ) 842 — 819 Provision for/(benefit from) income taxes — (41 ) 242 — 201 Equity in earnings/(losses) of subsidiaries 619 600 — (1,219 ) — Net income/(loss) 619 618 600 (1,219 ) 618 Net income/(loss) attributable to noncontrolling interest — — (1 ) — (1 ) Net income/(loss) excluding noncontrolling interest $ 619 $ 618 $ 601 $ (1,219 ) $ 619 Comprehensive income/(loss) excluding noncontrolling interest $ 446 $ 446 $ 441 $ (887 ) $ 446 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Three Months Ended September 29, 2018 (in millions) (Unaudited) As Previously Reported Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,226 $ 2,289 $ (137 ) $ 6,378 Cost of products sold — 2,800 1,608 (137 ) 4,271 Gross profit — 1,426 681 — 2,107 Selling, general and administrative expenses, excluding impairment losses — 205 598 — 803 Goodwill impairment losses — — — — — Intangible asset impairment losses — — 234 — 234 Selling, general and administrative expenses — 205 832 — 1,037 Intercompany service fees and other recharges — 975 (975 ) — — Operating income/(loss) — 246 824 — 1,070 Interest expense — 311 16 — 327 Other expense/(income) — (59 ) (12 ) — (71 ) Income/(loss) before income taxes — (6 ) 820 — 814 Provision for/(benefit from) income taxes — (52 ) 238 — 186 Equity in earnings/(losses) of subsidiaries 630 584 — (1,214 ) — Net income/(loss) 630 630 582 (1,214 ) 628 Net income/(loss) attributable to noncontrolling interest — — (2 ) — (2 ) Net income/(loss) excluding noncontrolling interest $ 630 $ 630 $ 584 $ (1,214 ) $ 630 — Comprehensive income/(loss) excluding noncontrolling interest $ 455 $ 455 $ 423 $ (878 ) $ 455 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Nine Months Ended September 28, 2019 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 12,398 $ 6,384 $ (341 ) $ 18,441 Cost of products sold — 8,130 4,612 (341 ) 12,401 Gross profit — 4,268 1,772 — 6,040 Selling, general and administrative expenses, excluding impairment losses — 609 1,732 — 2,341 Goodwill impairment losses — — 744 — 744 Intangible asset impairment losses — — 479 — 479 Selling, general and administrative expenses — 609 2,955 — 3,564 Intercompany service fees and other recharges — 2,459 (2,459 ) — — Operating income/(loss) — 1,200 1,276 — 2,476 Interest expense — 982 53 — 1,035 Other expense/(income) — (53 ) (840 ) — (893 ) Income/(loss) before income taxes — 271 2,063 — 2,334 Provision for/(benefit from) income taxes — 102 482 — 584 Equity in earnings/(losses) of subsidiaries 1,753 1,584 — (3,337 ) — Net income/(loss) 1,753 1,753 1,581 (3,337 ) 1,750 Net income/(loss) attributable to noncontrolling interest — — (3 ) — (3 ) Net income/(loss) excluding noncontrolling interest $ 1,753 $ 1,753 $ 1,584 $ (3,337 ) $ 1,753 Comprehensive income/(loss) excluding noncontrolling interest $ 1,434 $ 1,434 $ 1,210 $ (2,644 ) $ 1,434 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Nine Months Ended September 29, 2018 (in millions) (Unaudited) As Restated Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 12,693 $ 7,091 $ (407 ) $ 19,377 Cost of products sold — 8,157 4,922 (407 ) 12,672 Gross profit — 4,536 2,169 — 6,705 Selling, general and administrative expenses, excluding impairment losses — 589 1,734 — 2,323 Goodwill impairment losses — — 133 — 133 Intangible asset impairment losses — — 318 — 318 Selling, general and administrative expenses — 589 2,185 — 2,774 Intercompany service fees and other recharges — 3,253 (3,253 ) — — Operating income/(loss) — 694 3,237 — 3,931 Interest expense — 908 51 — 959 Other expense/(income) — (236 ) 55 — (181 ) Income/(loss) before income taxes — 22 3,131 — 3,153 Provision for/(benefit from) income taxes — (23 ) 802 — 779 Equity in earnings/(losses) of subsidiaries 2,376 2,331 — (4,707 ) — Net income/(loss) 2,376 2,376 2,329 (4,707 ) 2,374 Net income/(loss) attributable to noncontrolling interest — — (2 ) — (2 ) Net income/(loss) excluding noncontrolling interest $ 2,376 $ 2,376 $ 2,331 $ (4,707 ) $ 2,376 Comprehensive income/(loss) excluding noncontrolling interest $ 1,706 $ 1,706 $ 1,630 $ (3,336 ) $ 1,706 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Nine Months Ended September 29, 2018 (in millions) (Unaudited) As Previously Reported Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 12,693 $ 7,082 $ (407 ) $ 19,368 Cost of products sold — 8,130 4,928 (407 ) 12,651 Gross profit — 4,563 2,154 — 6,717 Selling, general and administrative expenses, excluding impairment losses — 589 1,749 — 2,338 Goodwill impairment losses — — 164 — 164 Intangible asset impairment losses — — 335 — 335 Selling, general and administrative expenses — 589 2,248 — 2,837 Intercompany service fees and other recharges — 3,253 (3,253 ) — — Operating income/(loss) — 721 3,159 — 3,880 Interest expense — 911 51 — 962 Other expense/(income) — (234 ) 38 — (196 ) Income/(loss) before income taxes — 44 3,070 — 3,114 Provision for/(benefit from) income taxes — (36 ) 774 — 738 Equity in earnings/(losses) of subsidiaries 2,379 2,299 — (4,678 ) — Net income/(loss) 2,379 2,379 2,296 (4,678 ) 2,376 Net income/(loss) attributable to noncontrolling interest — — (3 ) — (3 ) Net income/(loss) excluding noncontrolling interest $ 2,379 $ 2,379 $ 2,299 $ (4,678 ) $ 2,379 — Comprehensive income/(loss) excluding noncontrolling interest $ 1,701 $ 1,701 $ 1,588 $ (3,289 ) $ 1,701 The Kraft Heinz Company Condensed Consolidating Balance Sheets As of September 28, 2019 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ 834 $ 1,481 $ — $ 2,315 Trade receivables, net — 867 1,092 — 1,959 Receivables due from affiliates — 1,437 854 (2,291 ) — Dividends due from affiliates — — — — — Income taxes receivable — 38 81 — 119 Inventories — 2,179 979 — 3,158 Short-term lending due from affiliates — 1,357 4,242 (5,599 ) — Prepaid expenses — 216 199 — 415 Other current assets — 669 455 — 1,124 Assets held for sale — 23 12 — 35 Total current assets — 7,620 9,395 (7,890 ) 9,125 Property, plant and equipment, net — 4,392 2,534 — 6,926 Goodwill — 11,066 24,760 — 35,826 Investments in subsidiaries 50,788 66,986 — (117,774 ) — Intangible assets, net — 2,895 45,819 — 48,714 Long-term lending due from affiliates — 207 2,000 (2,207 ) — Other non-current assets — 825 1,406 — 2,231 TOTAL ASSETS $ 50,788 $ 93,991 $ 85,914 $ (127,871 ) $ 102,822 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ — $ 14 $ 1 $ — $ 15 Current portion of long-term debt — 1,928 617 — 2,545 Short-term lending due to affiliates — 4,242 1,357 (5,599 ) — Trade payables — 2,602 1,554 — 4,156 Payables due to affiliates — 854 1,437 (2,291 ) — Accrued marketing — 121 337 — 458 Interest payable — 267 11 — 278 Dividends due to affiliates — — — — — Other current liabilities — 1,019 639 — 1,658 Liabilities held for sale — — 2 — 2 Total current liabilities — 11,047 5,955 (7,890 ) 9,112 Long-term debt — 27,822 290 — 28,112 Long-term borrowings due to affiliates — 2,000 207 (2,207 ) — Deferred income taxes — 1,415 10,595 — 12,010 Accrued postemployment costs — 82 233 — 315 Other non-current liabilities — 837 630 — 1,467 TOTAL LIABILITIES — 43,203 17,910 (10,097 ) 51,016 Redeemable noncontrolling interest — — 2 — 2 Total shareholders’ equity 50,788 50,788 67,871 (117,774 ) 51,673 Noncontrolling interest — — 131 — 131 TOTAL EQUITY 50,788 50,788 68,002 (117,774 ) 51,804 TOTAL LIABILITIES AND EQUITY $ 50,788 $ 93,991 $ 85,914 $ (127,871 ) $ 102,822 The Kraft Heinz Company Condensed Consolidating Balance Sheets As of December 29, 2018 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ 202 $ 928 $ — $ 1,130 Trade receivables, net — 933 1,196 — 2,129 Receivables due from affiliates — 870 341 (1,211 ) — Income taxes receivable — 701 9 (558 ) 152 Inventories — 1,783 884 — 2,667 Short-term lending due from affiliates — 1,787 3,753 (5,540 ) — Prepaid expenses — 198 202 — 400 Other current assets — 776 445 — 1,221 Assets held for sale — 75 1,301 — 1,376 Total current assets — 7,325 9,059 (7,309 ) 9,075 Property, plant and equipment, net — 4,524 2,554 — 7,078 Goodwill — 11,067 25,436 — 36,503 Investments in subsidiaries 51,657 67,867 — (119,524 ) — Intangible assets, net — 3,010 46,458 — 49,468 Long-term lending due from affiliates — — 2,000 (2,000 ) — Other non-current assets — 316 1,021 — 1,337 TOTAL ASSETS $ 51,657 $ 94,109 $ 86,528 $ (128,833 ) $ 103,461 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ — $ — $ 21 $ — $ 21 Current portion of long-term debt — 363 14 — 377 Short-term lending due to affiliates — 3,753 1,787 (5,540 ) — Trade payables — 2,563 1,590 — 4,153 Payables due to affiliates — 341 870 (1,211 ) — Accrued marketing — 282 440 — 722 Interest payable — 394 14 — 408 Other current liabilities — 888 1,437 (558 ) 1,767 Liabilities held for sale — — 55 — 55 Total current liabilities — 8,584 6,228 (7,309 ) 7,503 Long-term debt — 29,872 898 — 30,770 Long-term borrowings due to affiliates — 2,000 12 (2,012 ) — Deferred income taxes — 1,314 10,888 — 12,202 Accrued postemployment costs — 89 217 — 306 Other non-current liabilities — 593 309 — 902 TOTAL LIABILITIES — 42,452 18,552 (9,321 ) 51,683 Redeemable noncontrolling interest — — 3 — 3 Total shareholders’ equity 51,657 51,657 67,855 (119,512 ) 51,657 Noncontrolling interest — — 118 — 118 TOTAL EQUITY 51,657 51,657 67,973 (119,512 ) 51,775 TOTAL LIABILITIES AND EQUITY $ 51,657 $ 94,109 $ 86,528 $ (128,833 ) $ 103,461 The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 28, 2019 (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 $ 1,464 $ 1,715 $ 275 $ (1,464 ) $ 1,990 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures — (293 ) (288 ) — (581 ) Payments to acquire business, net of cash acquired — (201 ) 2 — (199 ) Net proceeds from/(payments on) intercompany lending activities — 1,620 373 (1,993 ) — Additional investments in subsidiaries (19 ) (36 ) — 55 — Return of capital — — — — — Proceeds from sale of business, net of cash disposed — — 1,875 — 1,875 Other investing activities, net — 60 (44 ) — 16 Net cash provided by/(used for) investing activities (19 ) 1,150 1,918 (1,938 ) 1,111 CASH FLOWS FROM FINANCING ACTIVITIES Repayments of long-term debt — (3,267 ) (5 ) — (3,272 ) Proceeds from issuance of long-term debt — 2,968 (1 ) — 2,967 Debt prepayment and extinguishment costs — (91 ) — — (91 ) Proceeds from issuance of commercial paper — 377 — — 377 Repayments of commercial paper — (377 ) — — (377 ) Net proceeds from/(payments on) intercompany borrowing activities — (373 ) (1,620 ) 1,993 — Dividends paid (1,464 ) (1,464 ) — 1,464 (1,464 ) Other intercompany capital stock transactions — 19 36 (55 ) — Other financing activities, net 19 (23 ) (17 ) — (21 ) Net cash provided by/(used for) financing activities (1,445 ) (2,231 ) (1,607 ) 3,402 (1,881 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — (2 ) (38 ) — (40 ) Cash, cash equivalents, and restricted cash: Net increase/(decrease) — 632 548 — 1,180 Balance at beginning of period — 202 934 — 1,136 Balance at end of period $ — $ 834 $ 1,482 $ — $ 2,316 The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 29, 2018 (in millions) (Unaudited) As Restated Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES Net cash provided by/(used for) operating activities $ 2,421 $ 825 $ 63 $ (2,431 ) $ 878 CASH FLOWS FROM INVESTING ACTIVITIES Cash receipts on sold receivables — — 1,296 — 1,296 Capital expenditures — (251 ) (343 ) — (594 ) Payments to acquire business, net of cash acquired — (245 ) (3 ) — (248 ) Net proceeds from/(payments on) intercompany lending activities — 1,074 185 (1,259 ) — Additional investments in subsidiaries — (41 ) — 41 — Return of capital 7 — — (7 ) — Proceeds from sale of business, net of cash disposed — — 18 — 18 Other investing activities, net — 14 (1 ) — 13 Net cash provided by/(used for) investing activities 7 551 1,152 (1,225 ) 485 CASH FLOWS FROM FINANCING ACTIVITIES Repayments of long-term debt — (2,546 ) (160 ) — (2,706 ) Proceeds from issuance of long-term debt — 2,990 — — 2,990 Proceeds from issuance of commercial paper — 2,485 — — 2,485 Repayments of commercial paper — (1,950 ) — — (1,950 ) Net proceeds from/(payments on) intercompany borrowing activities — (185 ) (1,074 ) 1,259 — Dividends paid (2,421 ) (2,421 ) (10 ) 2,431 (2,421 ) Other intercompany capital stock transactions — (7 ) 41 (34 ) — Other financing activities, net (7 ) (17 ) (11 ) — (35 ) Net cash provided by/(used for) financing activities (2,428 ) (1,651 ) (1,214 ) 3,656 (1,637 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — — (128 ) — (128 ) Cash, cash equivalents, and restricted cash: Net increase/(decrease) — (275 ) (127 ) — (402 ) Balance at beginning of period — 644 1,125 — 1,769 Balance at end of period $ — $ 369 $ 998 $ — $ 1,367 The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 29, 2018 (in millions) (Unaudited) As Previously Reported Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES Net cash provided by/(used for) operating activities $ 2,421 $ 844 $ 65 $ (2,431 ) $ 899 CASH FLOWS FROM INVESTING ACTIVITIES Cash receipts on sold receivables — — 1,296 — 1,296 Capital expenditures — (251 ) (343 ) — (594 ) Payments to acquire business, net of cash acquired — (244 ) (4 ) — (248 ) Net proceeds from/(payments on) intercompany lending activities — 1,074 185 (1,259 ) — Additional investments in subsidiaries — (41 ) — 41 — Return of capital 7 — — (7 ) — Proceeds from sale of business, net of cash disposed — — 18 — 18 Other investing activities, net — 13 — — 13 Net cash provided by/(used for) investing activities 7 551 1,152 (1,225 ) 485 CASH FLOWS FROM FINANCING ACTIVITIES Repayments of long-term debt — (2,565 ) (162 ) — (2,727 ) Proceeds from issuance of long-term debt — 2,990 — — 2,990 Proceeds from issuance of commercial paper — 2,485 — — 2,485 Repayments of commercial paper — (1,950 ) — — (1,950 ) Net proceeds from/(payments on) intercompany borrowing activities — (185 ) (1,074 ) 1,259 — Dividends paid (2,421 ) (2,421 ) (10 ) 2,431 (2,421 ) Other intercompany capital stock transactions — (7 ) 41 (34 ) — Other financing activities, net (7 ) (16 ) (12 ) — (35 ) Net cash provided by/(used for) financing activities (2,428 ) (1,669 ) (1,217 ) 3,656 (1,658 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — — (128 ) — (128 ) Cash, cash equivalents, and restricted cash: Net increase/(decrease) — (274 ) (128 ) — (402 ) Balance at beginning of period — 644 1,125 — 1,769 Balance at end of period $ — $ 370 $ 997 $ — $ 1,367 The following tables provide a reconciliation of cash and cash equivalents, as reported on our condensed consolidating balance sheets, to cash, cash equivalents, and restricted cash, as reported on our condensed consolidating statements of cash flows (in millions): September 28, 2019 Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Cash and cash equivalents $ — $ 834 $ 1,481 $ — $ 2,315 Restricted cash included in other current assets — — 1 — 1 Restricted cash included in other non-current assets — — — — — Cash, cash equivalents, and restricted cash $ — $ 834 $ 1,482 $ — $ 2,316 December 29, 2018 Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Cash and cash equivalents $ — $ 202 $ 928 $ — $ 1,130 Restricted cash included in other current assets — — 1 — 1 Restricted cash included in other non-current assets — — 5 — 5 Cash, cash equivalents, and restricted cash $ — $ 202 $ 934 $ — $ 1,136

Basis of Presentation (Policies

Basis of Presentation (Policies)	9 Months Ended
	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Principles of Consolidation, Policy	Principles of Consolidation The consolidated financial statements include Kraft Heinz and all of our controlled subsidiaries. All intercompany transactions are eliminated.
Reportable Segments, Policy	Reportable Segments We manage and report our operating results through four segments. We have three reportable segments defined by geographic region: United States, Canada, and Europe, Middle East, and Africa (“EMEA”). Our remaining businesses are combined and disclosed as “Rest of World.” Rest of World comprises two operating segments: Latin America and Asia Pacific (“APAC”).
Use of Estimates, Policy	Use of Estimates We prepare our condensed consolidated financial statements in accordance with U.S. GAAP, which requires us to make accounting policy elections, estimates, and assumptions that affect the reported amount of assets, liabilities, reserves, and expenses. These accounting policy elections, estimates, and assumptions are based on our best estimates and judgments. We evaluate our policy elections, estimates, and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. We believe these estimates to be reasonable given the current facts available. We adjust our policy elections, estimates, and assumptions when facts and circumstances dictate. Market volatility, including foreign currency exchange rates, increases the uncertainty inherent in our estimates and assumptions. As future events and their effects cannot be determined with precision, actual results could differ significantly from estimates. If actual amounts differ from estimates, we include the revisions in our consolidated results of operations in the period the actual amounts become known. Historically, the aggregate differences, if any, between our estimates and actual amounts in any year have not had a material effect on our condensed consolidated financial statements.
Reclassifications, Policy	Reclassifications We made reclassifications to certain previously reported financial information to conform to our current period presentation.

Significant Accounting Polici_2

Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 28, 2019
Accounting Policies [Abstract]
Leases, Policy	Leases: We determine whether a contract is or contains a lease at contract inception based on the presence of identified assets and our right to obtain substantially all of the economic benefit from or to direct the use of such assets. When we determine a lease exists, we record a right-of-use (“ROU”) asset and corresponding lease liability on our consolidated balance sheets. ROU assets represent our right to use an underlying asset for the lease term. Lease liabilities represent our obligation to make lease payments arising from the lease. ROU assets are recognized at commencement date at the value of the lease liability and are adjusted for any prepayments, lease incentives received, and initial direct costs incurred. Lease liabilities are recognized at lease commencement date based on the present value of remaining lease payments over the lease term. As the discount rate implicit in the lease is not readily determinable in most of our leases, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. Our lease terms include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. We do not record lease contracts with a term of 12 months or less on our consolidated balance sheets. We recognize fixed lease expense for operating leases on a straight-line basis over the lease term. For finance leases, we recognize amortization expense on the ROU asset and interest expense on the lease liability over the lease term. We have lease agreements with non-lease components that relate to the lease components (e.g., common area maintenance such as cleaning or landscaping, insurance, etc.). We account for each lease and any non-lease components associated with that lease as a single lease component for all underlying asset classes. Accordingly, all costs associated with a lease contract are accounted for as lease costs. Certain leasing arrangements require variable payments that are dependent on usage or output or may vary for other reasons, such as insurance and tax payments. Variable lease payments that do not depend on an index or rate are excluded from lease payments in the measurement of the ROU asset and lease liability and are recognized as expense in the period in which the payment occurs. Our lease agreements do not include significant restrictions or covenants, and residual value guarantees are generally not included within our operating leases.

New Accounting Standards (Polic

New Accounting Standards (Policies)	9 Months Ended
	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
New Accounting Standards, Policy [Policy Text Block]	Accounting Standards Adopted in the Current Year Leases: In February 2016, the Financial Accounting Standards Board (the “FASB”) issued accounting standards update (“ASU”) 2016-02 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 updated guidance requires lessees to reflect the majority of leases on their balance sheets as assets and obligations. This ASU became effective beginning in the first quarter of our fiscal year 2019. We adopted this ASU in the first quarter of 2019 using a modified retrospective transition method and elected the following practical expedients: (i) the optional transition method that allows us to apply the guidance at the adoption date and recognize any adjustments that result from applying Accounting Standards Codification (“ASC”) Topic 842, Leases , to existing leases as a cumulative-effect adjustment to the opening balance of retained earnings/(deficit) in the period of adoption (i.e., the effective date); (ii) the package of practical expedients that allows us to carry forward our determination of whether a lease exists, the classification of a lease, and whether initial direct lease costs exist for purposes of transition to the new standard; (iii) the land easement option, which allows us to continue to use prior accounting conclusions reached in our accounting for land easements; and (iv) the short-term lease exemption whereby we will not record an asset or liability for short-term leases. The most significant impact of adoption on our condensed consolidated financial statements was the recognition of ROU assets and lease liabilities for operating leases. Our accounting for finance leases remained substantially unchanged. Upon adoption, we had total lease assets of $821 million and total lease liabilities of $887 million . The adoption of this ASU did not result in a cumulative-effect adjustment to the opening balance of retained earnings/(deficit) and did not impact our condensed consolidated statements of income or our cash flows. See Note 3, Significant Accounting Policies , for our lease accounting policy and Note 18, Leases , for additional information related to our lease arrangements. Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income: In February 2018, the FASB issued ASU 2018-02 related to reclassifying tax effects stranded in accumulated other comprehensive income/(losses) because of the Tax Cuts and Jobs Act (“U.S. Tax Reform”) enacted on December 22, 2017. U.S. Tax Reform reduced the U.S. federal corporate tax rate from 35.0% to 21.0%. ASC Topic 740, Income Taxes , requires the remeasurement of deferred tax assets and liabilities as a result of such changes in tax laws or rates to be presented in net income/(loss) from continuing operations. However, the related tax effects of such deferred tax assets and liabilities may have been originally recorded in other comprehensive income/(loss). This ASU allows companies to reclassify such stranded tax effects from accumulated other comprehensive income/(losses) to retained earnings/(deficit). This reclassification adjustment is optional, and if elected, may be applied either to the period of adoption or retrospectively to the period(s) impacted by U.S. Tax Reform. Additionally, this ASU requires companies to disclose the policy election for stranded tax effects as well as the general accounting policy for releasing income tax effects from accumulated other comprehensive income/(losses). This ASU became effective beginning in the first quarter of our fiscal year 2019. We adopted this ASU on the first day of our fiscal year 2019 and made the policy election to reclassify stranded tax effects from accumulated other comprehensive income/(losses) to retained earnings/(deficit) in the period of adoption. The impact of this policy election was an increase to retained earnings/(deficit) and a corresponding decrease to accumulated other comprehensive income/(losses) of $136 million . We generally release income tax effects from accumulated other comprehensive income/(losses) when the entire portfolio of the item giving rise to the tax effect is disposed of, liquidated, or terminated. Accounting Standards Not Yet Adopted Measurement of Current Expected Credit Losses: In June 2016, the FASB issued ASU 2016-13 to update the methodology used to measure current expected credit losses (“CECL”). This ASU applies to financial assets measured at amortized cost, including loans, held-to-maturity debt securities, net investments in leases, and trade accounts receivable as well as certain off-balance sheet credit exposures, such as loan commitments. This ASU replaces the current incurred loss impairment methodology with a methodology to reflect CECL and requires consideration of a broader range of reasonable and supportable information to explain credit loss estimates. The guidance must be adopted using a modified retrospective transition method through a cumulative-effect adjustment to retained earnings/(deficit) in the period of adoption. This ASU will be effective beginning in the first quarter of our fiscal year 2020. We are currently evaluating the impact this ASU will have on our financial statements and related disclosures. Fair Value Measurement Disclosures: In August 2018, the FASB issued ASU 2018-13 related to fair value measurement disclosures. This ASU removes the requirement to disclose the amount of and reasons for transfers between Levels 1 and 2 of the fair value hierarchy, the policy for determining that a transfer has occurred, and valuation processes for Level 3 fair value measurements. Additionally, this ASU modifies the disclosures related to the measurement uncertainty for recurring Level 3 fair value measurements (by removing the requirement to disclose sensitivity to future changes) and the timing of liquidation of investee assets (by removing the timing requirement in certain instances). The guidance also requires new disclosures for Level 3 financial assets and liabilities, including the amount and location of unrealized gains and losses recognized in other comprehensive income/(loss) and additional information related to significant unobservable inputs used in determining Level 3 fair value measurements. This ASU will be effective beginning in the first quarter of our fiscal year 2020. Early adoption of the guidance in whole is permitted. Alternatively, companies may early adopt removed or modified disclosures and delay adoption of the additional disclosures until their effective date. Certain of the amendments in this ASU must be applied prospectively upon adoption, while other amendments must be applied retrospectively upon adoption. We elected to early adopt the provisions related to removing disclosures in the fourth quarter of our fiscal year 2018 on a retrospective basis. Accordingly, we removed certain disclosures from Note 12, Postemployment Benefits and Note 13, Financial Instruments , in our Annual Report on Form 10-K for the year ended December 29, 2018. There was no other impact to our financial statement disclosures as a result of early adopting the provisions related to removing disclosures. We are currently evaluating the disclosure impact of the provisions related to modifying and adding disclosures. Disclosure Requirements for Certain Employer-Sponsored Benefit Plans: In August 2018, the FASB issued ASU 2018-14 related to the disclosure requirements for employers that sponsor defined benefit pension and other postretirement benefit plans. The guidance requires sponsors of these plans to provide additional disclosures, including weighted-average interest rates used in the company’s cash balance plans and a narrative description of reasons for any significant gains or losses impacting the benefit obligation for the period. Additionally, this guidance eliminates certain previous disclosure requirements. This ASU will be effective beginning in the first quarter of our fiscal year 2020. This guidance must be applied on a retrospective basis to all periods presented. We are currently evaluating the impact this ASU will have on our financial statements and related disclosures. Implementation Costs Incurred in Hosted Cloud Computing Service Arrangements: In August 2018, the FASB issued ASU 2018-15 related to accounting for implementation costs incurred in hosted cloud computing service arrangements. Under the new guidance, implementation costs incurred in a hosting arrangement that is a service contract should be expensed or capitalized based on the nature of the costs and the project stage during which such costs are incurred. If the implementation costs qualify for capitalization, they must be amortized over the term of the hosting arrangement and assessed for impairment. Companies must disclose the nature of any hosted cloud computing service arrangements. This ASU also provides guidance for balance sheet and income statement presentation of capitalized implementation costs and statement of cash flows presentation for the related payments. This ASU will be effective beginning in the first quarter of our fiscal year 2020. This guidance may be adopted either retrospectively or prospectively to all implementation costs incurred after the date of adoption. We are currently evaluating the impact this ASU will have on our financial statements and related disclosures as well as the application method.

Restatement of Previously Iss_2

Restatement of Previously Issued Condensed Consolidated Financial Statements (Tables)	9 Months Ended
	Sep. 28, 2019
Accounting Changes and Error Corrections [Abstract]
Restatement of Condensed Consolidated Financial Statements	The Kraft Heinz Company Condensed Consolidated Statement of Income (in millions, except per share data) For the Three Months Ended September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated Net sales $ 6,378 $ 5 (f) $ 6,383 Cost of products sold 4,271 18 (a)(b)(f) 4,289 Gross profit 2,107 (13 ) 2,094 Selling, general and administrative expenses, excluding impairment losses 803 — (f) 803 Goodwill impairment losses — — — Intangible asset impairment losses 234 (17 ) (e) 217 Selling, general and administrative expenses 1,037 (17 ) 1,020 Operating income/(loss) 1,070 4 1,074 Interest expense 327 (1 ) (b)(f) 326 Other expense/(income) (71 ) — (71 ) Income/(loss) before income taxes 814 5 819 Provision for/(benefit from) income taxes 186 15 (a)(b)(d)(e)(f) 201 Net income/(loss) 628 (10 ) 618 Net income/(loss) attributable to noncontrolling interest (2 ) 1 (f) (1 ) Net income/(loss) attributable to common shareholders $ 630 $ (11 ) $ 619 Per share data applicable to common shareholders: Basic earnings/(loss) $ 0.52 $ (0.01 ) $ 0.51 Diluted earnings/(loss) 0.51 (0.01 ) 0.50 (a) Supplier Rebates—The correction of these misstatements resulted in an increase to cost of products sold of $13 million and a decrease to provision for income taxes of $2 million for the three months ended September 29, 2018. (b) Capital Leases—The correction of these misstatements resulted in an increase to cost of products sold of less than $1 million , a decrease to interest expense of $1 million , and an increase to provision for income taxes of less than $1 million for the three months ended September 29, 2018. (c) Balance Sheet Misclassifications—None. (d) Income Taxes—The correction of these misstatements resulted in an increase to provision for income taxes of $14 million for the three months ended September 29, 2018. (e) Impairments—The correction of these misstatements resulted in a decrease to SG&A of $17 million and an increase to provision for income taxes of $4 million for the three months ended September 29, 2018. (f) Other—The correction of these misstatements resulted in an increase to net sales of $5 million , an increase to cost of products sold of $5 million , an increase to SG&A of less than $1 million , a decrease to interest expense of less than $1 million , a decrease to provision for income taxes of $1 million , and a decrease to net loss attributable to noncontrolling interest of $1 million for the three months ended September 29, 2018. The Kraft Heinz Company Condensed Consolidated Statement of Income (in millions, except per share data) For the Nine Months Ended September 29, 2018 As Previously Reported Restatement Impacts (1) Restatement Reference As Restated Net sales $ 19,368 $ 9 (f) $ 19,377 Cost of products sold 12,651 21 (a)(b)(f) 12,672 Gross profit 6,717 (12 ) 6,705 Selling, general and administrative expenses, excluding impairment losses 2,338 (15 ) (f) 2,323 Goodwill impairment losses 164 (31 ) (e) 133 Intangible asset impairment losses 335 (17 ) (e) 318 Selling, general and administrative expenses 2,837 (63 ) 2,774 Operating income/(loss) 3,880 51 3,931 Interest expense 962 (3 ) (b)(f) 959 Other expense/(income) (196 ) 15 (181 ) Income/(loss) before income taxes 3,114 39 3,153 Provision for/(benefit from) income taxes 738 41 (a)(b)(d)(e)(f) 779 Net income/(loss) 2,376 (2 ) 2,374 Net income/(loss) attributable to noncontrolling interest (3 ) 1 (f) (2 ) Net income/(loss) attributable to common shareholders $ 2,379 $ (3 ) $ 2,376 Per share data applicable to common shareholders: Basic earnings/(loss) $ 1.95 $ — $ 1.95 Diluted earnings/(loss) 1.94 — 1.94 (1) We have reclassified our $15 million pre-tax loss on the sale of our South African business from SG&A to other expense/(income) in order to conform with current period presentation. This reclassification has been included in the restatement impacts column above. (a) Supplier Rebates—The correction of these misstatements resulted in an increase to cost of products sold of $22 million and a decrease to provision for income taxes of $3 million for the nine months ended September 29, 2018. (b) Capital Leases—The correction of these misstatements resulted in an increase to cost of products sold of $1 million , a decrease to interest expense of $3 million , and an increase to provision for income taxes of less than $1 million for the nine months ended September 29, 2018. (c) Balance Sheet Misclassifications—None. (d) Income Taxes—The correction of these misstatements resulted in an increase to provision for income taxes of $40 million for the nine months ended September 29, 2018. (e) Impairments—The correction of these misstatements resulted in a decrease to SG&A of $48 million and an increase to provision for income taxes of $4 million for the nine months ended September 29, 2018. (f) Other—The correction of these misstatements resulted in an increase to net sales of $9 million , a decrease to cost of products sold of $2 million , an increase to SG&A of less than $1 million , a decrease to interest expense of less than $1 million , an increase to provision for income taxes of less than $1 million , and a decrease to net loss attributable to noncontrolling interest of $1 million for the nine months ended September 29, 2018. The Kraft Heinz Company Consolidated Statement of Cash Flows (in millions) For the Nine Months Ended September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated CASH FLOWS FROM OPERATING ACTIVITIES: Net income/(loss) $ 2,376 $ (2 ) (a)(b)(d)(e)(f) $ 2,374 Adjustments to reconcile net income/(loss) to operating cash flows: Depreciation and amortization 736 (24 ) (b)(f) 712 Amortization of postretirement benefit plans prior service costs/(credits) (261 ) — (261 ) Equity award compensation expense 44 — 44 Deferred income tax provision/(benefit) 96 8 (a)(d)(e)(f) 104 Postemployment benefit plan contributions (64 ) — (64 ) Goodwill and intangible asset impairment losses 499 (48 ) (e) 451 Nonmonetary currency devaluation 131 — 131 Loss/(gain) on sale of business 15 — 15 Other items, net 21 (1 ) (a)(f) 20 Changes in current assets and liabilities: Trade receivables (2,154 ) — (2,154 ) Inventories (663 ) 18 (c)(f) (645 ) Accounts payable 145 (15 ) (f) 130 Other current assets (105 ) 2 (a)(c) (103 ) Other current liabilities 83 41 (a)(b)(d)(f) 124 Net cash provided by/(used for) operating activities 899 (21 ) 878 CASH FLOWS FROM INVESTING ACTIVITIES: Cash receipts on sold receivables 1,296 — 1,296 Capital expenditures (594 ) — (594 ) Payments to acquire business, net of cash acquired (248 ) — (248 ) Proceeds from sale of business 18 — 18 Other investing activities, net 13 — 13 Net cash provided by/(used for) investing activities 485 — 485 CASH FLOWS FROM FINANCING ACTIVITIES: Repayments of long-term debt (2,727 ) 21 (b)(f) (2,706 ) Proceeds from issuance of long-term debt 2,990 — 2,990 Proceeds from issuance of commercial paper 2,485 — 2,485 Repayments of commercial paper (1,950 ) — (1,950 ) Dividends paid - common stock (2,421 ) — (2,421 ) Other financing activities, net (35 ) — (35 ) Net cash provided by/(used for) financing activities (1,658 ) 21 (1,637 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash (128 ) — (128 ) Cash, cash equivalents, and restricted cash Net increase/(decrease) (402 ) — (402 ) Balance at beginning of period 1,769 — 1,769 Balance at end of period $ 1,367 $ — $ 1,367 NON-CASH INVESTING ACTIVITIES: Beneficial interest obtained in exchange for securitized trade receivables $ 938 $ — $ 938 The Kraft Heinz Company Condensed Consolidated Statement of Comprehensive Income (in millions) For the Three Months Ended September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated Net income/(loss) $ 628 $ (10 ) (a)(b)(d)(e)(f) $ 618 Other comprehensive income/(loss), net of tax: Foreign currency translation adjustments (146 ) 2 (b)(d)(e) (144 ) Net deferred gains/(losses) on net investment hedges 13 — 13 Amounts excluded from the effectiveness assessment of net investment hedges 3 — 3 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (2 ) — (2 ) Net deferred gains/(losses) on cash flow hedges (16 ) — (16 ) Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) 12 — 12 Net actuarial gains/(losses) arising during the period 17 — 17 Net postemployment benefit losses/(gains) reclassified to net income/(loss) (58 ) — (58 ) Total other comprehensive income/(loss) (177 ) 2 (175 ) Total comprehensive income/(loss) 451 (8 ) 443 Comprehensive income/(loss) attributable to noncontrolling interest (4 ) 1 (f) (3 ) Comprehensive income/(loss) attributable to Kraft Heinz $ 455 $ (9 ) $ 446 The $10 million decrease to net income was primarily driven by misstatements in the income taxes and supplier rebates categories, partially offset by misstatements in the impairments, capital leases, and other categories. See additional descriptions of the net income impacts in the consolidated statement of income for the three months ended September 29, 2018 section above. The $2 million change to foreign currency translation adjustments is the result of misstatements in the income taxes, capital leases, and impairments categories. The Kraft Heinz Company Condensed Consolidated Statement of Comprehensive Income (in millions) For the Nine Months Ended September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated Net income/(loss) $ 2,376 $ (2 ) (a)(b)(d)(e)(f) $ 2,374 Other comprehensive income/(loss), net of tax: Foreign currency translation adjustments (817 ) 8 (b)(d)(e) (809 ) Net deferred gains/(losses) on net investment hedges 158 — 158 Amounts excluded from the effectiveness assessment of net investment hedges 3 — 3 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (2 ) — (2 ) Net deferred gains/(losses) on cash flow hedges 40 — 40 Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) (10 ) — (10 ) Net actuarial gains/(losses) arising during the period 70 — 70 Net postemployment benefit losses/(gains) reclassified to net income/(loss) (133 ) — (133 ) Total other comprehensive income/(loss) (691 ) 8 (683 ) Total comprehensive income/(loss) 1,685 6 1,691 Comprehensive income/(loss) attributable to noncontrolling interest (16 ) 1 (f) (15 ) Comprehensive income/(loss) attributable to Kraft Heinz $ 1,701 $ 5 $ 1,706 The $2 million decrease to net income was primarily driven by misstatements in the income taxes and supplier rebates categories, partially offset by misstatements in the impairments, other, and capital leases categories. See additional descriptions of the net income impacts in the consolidated statement of income for the nine months ended September 29, 2018 section above. The $8 million change in foreign currency translation adjustments is the result of misstatements in the income taxes, capital leases, and impairments categories. The Kraft Heinz Company Condensed Consolidated Balance Sheet (in millions, except per share data) September 29, 2018 As Previously Reported Restatement Impacts Restatement Reference As Restated ASSETS Cash and cash equivalents $ 1,366 $ — $ 1,366 Trade receivables (net of allowances of $24 at September 29, 2018) 2,032 — 2,032 Sold receivables — — — Income taxes receivable 195 8 (a)(b)(d)(f) 203 Inventories 3,287 (73 ) (c)(f) 3,214 Prepaid expenses 389 — 389 Other current assets 321 31 (a)(c) 352 Total current assets 7,590 (34 ) 7,556 Property, plant and equipment, net 7,216 (142 ) (b)(f) 7,074 Goodwill 44,308 31 (e)(f) 44,339 Intangible assets, net 58,727 — 58,727 Other non-current assets 1,889 (10 ) (d) 1,879 TOTAL ASSETS $ 119,730 $ (155 ) $ 119,575 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ 973 $ — $ 973 Current portion of long-term debt 405 (34 ) (b)(f) 371 Trade payables 4,312 (74 ) (f) 4,238 Accrued marketing 494 — 494 Interest payable 315 — 315 Other current liabilities 1,082 149 (a)(f) 1,231 Total current liabilities 7,581 41 7,622 Long-term debt 30,998 (111 ) (b)(f) 30,887 Deferred income taxes 14,215 9 (a)(d)(f) 14,224 Accrued postemployment costs 394 — 394 Other non-current liabilities 964 71 (a) 1,035 TOTAL LIABILITIES 54,152 10 54,162 Commitments and Contingencies Redeemable noncontrolling interest 6 — 6 Equity: Common stock, $0.01 par value (5,000 shares authorized; 1,222 shares issued and 1,219 shares outstanding at September 29, 2018) 12 — 12 Additional paid-in capital 58,793 (77 ) (c) 58,716 Retained earnings/(deficit) 8,576 (97 ) (a)(b)(c)(d)(e)(f) 8,479 Accumulated other comprehensive income/(losses) (1,732 ) 8 (b)(d)(e) (1,724 ) Treasury stock, at cost (3 shares at September 29, 2018) (264 ) — (264 ) Total shareholders' equity 65,385 (166 ) 65,219 Noncontrolling interest 187 1 (f) 188 TOTAL EQUITY 65,572 (165 ) 65,407 TOTAL LIABILITIES AND EQUITY $ 119,730 $ (155 ) $ 119,575 (a) Supplier Rebates—The correction of these misstatements resulted in an increase to income taxes receivable of $1 million , a decrease to other current assets of $36 million , an increase to other current liabilities of $66 million , a decrease to deferred income taxes of $40 million , an increase to other non-current liabilities of $71 million , and a decrease to retained earnings of $132 million at September 29, 2018. (b) Capital Leases—The correction of these misstatements resulted in a decrease to income taxes receivable of less than $1 million , a decrease to property, plant and equipment, net, of $141 million , a decrease to current portion of long-term debt of $32 million , a decrease to long-term debt of $111 million , an increase to retained earnings of $2 million , and a decrease to accumulated other comprehensive losses of less than $1 million at September 29, 2018. (c) Balance Sheet Misclassifications—The correction of these misstatements resulted in a decrease to inventories of $67 million , an increase to other current assets of $67 million , a decrease to additional paid-in capital of $77 million , and an increase to retained earnings of $77 million at September 29, 2018. (d) Income Taxes—The correction of these misstatements resulted in an increase to income taxes receivable of $3 million , a decrease to other non-current assets of $10 million , an increase to deferred income taxes of $50 million , a decrease to retained earnings of $66 million , and a decrease to accumulated other comprehensive losses of $9 million at September 29, 2018. (e) Impairments—The correction of these misstatements resulted in an increase to goodwill of $30 million , an increase to retained earnings of $31 million , and an increase to accumulated other comprehensive losses of $1 million at September 29, 2018. (f) Other—The correction of these misstatements resulted in an increase to income taxes receivable of $4 million , a decrease to inventories of $6 million , a decrease to property, plant and equipment, net of $1 million , an increase to goodwill of $1 million , a decrease to current portion of long-term debt of $2 million , a decrease to trade payables of $74 million , an increase to other current liabilities of $83 million , an increase to long-term debt of less than $1 million , a decrease to deferred income taxes of $1 million , and a decrease to retained earnings of $9 million , and an increase to noncontrolling interest of $1 million at September 29, 2018. The cumulative effect of misstatements corrected in periods prior to December 31, 2017 resulted in a reduction to retained earnings of $94 million . The correction of misstatements in the nine months ended September 29, 2018 resulted in a decrease to retained earnings of $3 million . See Note 2, Restatement of Previously Issued Consolidated Financial Statements , in our Annual Report on Form 10-K for the year ended December 29, 2018 for additional information. The Kraft Heinz Company Condensed Consolidated Statement of Equity For the Three Months Ended March 31, 2018, June 30, 2018, and September 29, 2018 (in millions, except per share data) As Previously Reported Common Stock Additional Paid-in Capital Retained Earnings/(Deficit) Accumulated Other Comprehensive Income/(Losses) Treasury Stock, at Cost Noncontrolling Interest Total Equity Balance at December 30, 2017 $ 12 $ 58,711 $ 8,589 $ (1,054 ) $ (224 ) $ 207 $ 66,241 Net income/(loss) excluding redeemable noncontrolling interest — — 993 — — 5 998 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — 79 — (5 ) 74 Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Cumulative effect of accounting standards adopted in the period — — (95 ) — — — (95 ) Exercise of stock options, issuance of other stock awards, and other — 22 (7 ) — (16 ) — (1 ) Balance at March 31, 2018 12 58,733 8,718 (975 ) (240 ) 207 66,455 Net income/(loss) excluding redeemable noncontrolling interest — — 756 — — — 756 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — (582 ) — (6 ) (588 ) Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Exercise of stock options, issuance of other stock awards, and other — 33 (2 ) — (14 ) (13 ) 4 Balance at June 30, 2018 12 58,766 8,710 (1,557 ) (254 ) 188 65,865 Net income/(loss) excluding redeemable noncontrolling interest — — 630 — — 1 631 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — (175 ) — (2 ) (177 ) Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Cumulative effect of accounting standards adopted in the period — — (2 ) — — — (2 ) Exercise of stock options, issuance of other stock awards, and other — 27 — — (10 ) — 17 Balance at September 29, 2018 $ 12 $ 58,793 $ 8,576 $ (1,732 ) $ (264 ) $ 187 $ 65,572 Restatement Impacts Restatement Reference Common Stock Additional Paid-in Capital Retained Earnings/(Deficit) Accumulated Other Comprehensive Income/(Losses) Treasury Stock, at Cost Noncontrolling Interest Total Equity Balance at December 30, 2017 $ — $ (77 ) $ (94 ) $ — $ — $ — $ (171 ) Net income/(loss) excluding redeemable noncontrolling interest (a)(b)(d)(e)(f) — — 10 — — — 10 Other comprehensive income/(loss) excluding redeemable noncontrolling interest (b)(d) — — — — — — — Dividends declared-common stock ($0.625 per share) — — — — — — — Cumulative effect of accounting standards adopted in the period — — — — — — — Exercise of stock options, issuance of other stock awards, and other — — — — — — — Balance at March 31, 2018 — (77 ) (84 ) $ — — — (161 ) Net income/(loss) excluding redeemable noncontrolling interest (a)(b)(d)(e)(f) — — (2 ) — — — (2 ) Other comprehensive income/(loss) excluding redeemable noncontrolling interest (b)(d)(e) — — — 6 — — 6 Dividends declared-common stock ($0.625 per share) — — — — — — — Exercise of stock options, issuance of other stock awards, and other — — — — — — — Balance at June 30, 2018 — (77 ) (86 ) 6 — — (157 ) Net income/(loss) excluding redeemable noncontrolling interest (a)(b)(d)(e)(f) — — (11 ) — — 1 (10 ) Other comprehensive income/(loss) excluding redeemable noncontrolling interest (b)(d)(e) — — — 2 — — 2 Dividends declared-common stock ($0.625 per share) — — — — — — — Cumulative effect of accounting standards adopted in the period — — — — — — — Exercise of stock options, issuance of other stock awards, and other — — — — — — — Balance at September 29, 2018 $ — $ (77 ) $ (97 ) $ 8 $ — $ 1 $ (165 ) As Restated Common Stock Additional Paid-in Capital Retained Earnings/(Deficit) Accumulated Other Comprehensive Income/(Losses) Treasury Stock, at Cost Noncontrolling Interest Total Equity Balance at December 30, 2017 $ 12 $ 58,634 $ 8,495 $ (1,054 ) $ (224 ) $ 207 $ 66,070 Net income/(loss) excluding redeemable noncontrolling interest — — 1,003 — — 5 1,008 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — 79 — (5 ) 74 Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Cumulative effect of accounting standards adopted in the period — — (95 ) — — — (95 ) Exercise of stock options, issuance of other stock awards, and other — 22 (7 ) — (16 ) — (1 ) Balance at March 31, 2018 12 58,656 8,634 (975 ) (240 ) 207 66,294 Net income/(loss) excluding redeemable noncontrolling interest — — 754 — — — 754 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — (576 ) — (6 ) (582 ) Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Exercise of stock options, issuance of other stock awards, and other — 33 (2 ) — (14 ) (13 ) 4 Balance at June 30, 2018 12 58,689 8,624 (1,551 ) (254 ) 188 65,708 Net income/(loss) excluding redeemable noncontrolling interest — — 619 — — 2 621 Other comprehensive income/(loss) excluding redeemable noncontrolling interest — — — (173 ) — (2 ) (175 ) Dividends declared-common stock ($0.625 per share) — — (762 ) — — — (762 ) Cumulative effect of accounting standards adopted in the period — — (2 ) — — — (2 ) Exercise of stock options, issuance of other stock awards, and other — 27 — — (10 ) — 17 Balance at September 29, 2018 $ 12 $ 58,716 $ 8,479 $ (1,724 ) $ (264 ) $ 188 $ 65,407

Acquisitions and Divestitures_2

Acquisitions and Divestitures (Tables)	9 Months Ended
	Sep. 28, 2019
Business Acquisition [Line Items]
Assets and Liabilities Held for Sale by Major Class	Our assets and liabilities held for sale, by major class, were (in millions): September 28, 2019 December 29, 2018 ASSETS Inventories $ — $ 92 Property, plant and equipment, net 26 139 Goodwill — 669 Intangible assets, net 9 437 Other — 39 Total assets held for sale $ 35 $ 1,376 LIABILITIES Total liabilities held for sale $ 2 $ 55
Primal Nutrition
Business Acquisition [Line Items]
Purchase Price Allocation to Assets Acquired and Liabilities Assumed	The final purchase price allocation to assets acquired and liabilities assumed in the Primal Acquisition was (in millions): Cash $ 2 Other current assets 15 Identifiable intangible assets 66 Current liabilities (6 ) Net assets acquired 77 Goodwill on acquisition 124 Total consideration $ 201
Purchase Price Allocation to Identifiable Intangible Assets Acquired	The purchase price allocation to identifiable intangible assets acquired in the Primal Acquisition was: Fair Value (in millions of dollars) Weighted Average Life (in years) Definite-lived trademarks $ 52.5 15 Customer-related assets 13.5 20 Total $ 66.0
Heinz India
Business Acquisition [Line Items]
Assets and Liabilities Held for Sale by Major Class	The components of the pre-tax gain were as follows (in millions): Proceeds $ 655 Less investment in Heinz India (355 ) Recognition of tax indemnification (48 ) Other (3 ) Pre-tax gain on sale of Heinz India $ 249
Canada Natural Cheese
Business Acquisition [Line Items]
Assets and Liabilities Held for Sale by Major Class	Proceeds $ 1,236 Less carrying value of Canada Natural Cheese net assets (996 ) Other 1 Pre-tax gain resulting from Canada Natural Cheese Transaction $ 241

Restructuring Activities (Table

Restructuring Activities (Tables)	9 Months Ended
	Sep. 28, 2019
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Reserve by Type of Cost	Our net liability balance for restructuring project costs that qualify as exit and disposal costs under U.S. GAAP (i.e., severance and employee benefit costs and other exit costs) was (in millions): Severance and Employee Benefit Costs Other Exit Costs Total Balance at December 29, 2018 $ 32 $ 33 $ 65 Charges/(credits) (5 ) — (5 ) Cash payments (16 ) (7 ) (23 ) Balance at September 28, 2019 $ 11 $ 26 $ 37
Restructuring Costs by Type and Income Statement Location	Total expense/(income) related to restructuring activities, including the Integration Program, by income statement caption, were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Severance and employee benefit costs - COGS $ (1 ) $ (8 ) $ (4 ) $ 17 Severance and employee benefit costs - SG&A (1 ) 2 (1 ) 12 Severance and employee benefit costs - Other expense/(income) — (1 ) — 5 Asset-related costs - COGS 8 8 11 33 Asset-related costs - SG&A — 6 9 7 Other costs - COGS 5 18 20 125 Other costs - SG&A 4 6 21 21 Other costs - Other expense/(income) — — — 58 $ 15 $ 31 $ 56 $ 278
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 For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 United States $ 8 $ 23 $ 34 $ 144 Canada 4 4 10 70 EMEA — (11 ) 4 17 Rest of World 2 5 3 14 General corporate expenses 1 10 5 33 $ 15 $ 31 $ 56 $ 278

Restricted Cash (Tables)

Restricted Cash (Tables)	9 Months Ended
	Sep. 28, 2019
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): September 28, 2019 December 29, 2018 Cash and cash equivalents $ 2,315 $ 1,130 Restricted cash included in other current assets 1 1 Restricted cash included in other non-current assets — 5 Cash, cash equivalents, and restricted cash $ 2,316 $ 1,136

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Sep. 28, 2019
Inventory Disclosure [Abstract]
Inventories	Inventories consisted of the following (in millions): September 28, 2019 December 29, 2018 Packaging and ingredients $ 634 $ 510 Work in process 367 343 Finished product 2,157 1,814 Inventories $ 3,158 $ 2,667

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Sep. 28, 2019
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the Carrying Amount of Goodwill by Segment	Changes in the carrying amount of goodwill, by segment, were (in millions): United States Canada EMEA Rest of World Total Balance at December 29, 2018 $ 29,597 $ 2,438 $ 3,074 $ 1,394 $ 36,503 Impairment losses (118 ) — (292 ) (334 ) (744 ) Acquisitions 124 — 6 — 130 Translation adjustments and other (2 ) 73 (109 ) (25 ) (63 ) Balance at September 28, 2019 $ 29,601 $ 2,511 $ 2,679 $ 1,035 $ 35,826
Changes in the Carrying Amount of Indefinite-Lived Intangible Assets	Changes in the carrying amount of indefinite-lived intangible assets, which primarily consisted of trademarks, were (in millions): Balance at December 29, 2018 $ 43,966 Impairment losses (474 ) Reclassified to assets held for sale (9 ) Translation adjustments (89 ) Balance at September 28, 2019 $ 43,394
Schedule of Definite-Lived Intangible Assets By Major Asset Class	Definite-lived intangible assets were (in millions): September 28, 2019 December 29, 2018 Gross Accumulated Amortization Net Gross Accumulated Amortization Net Trademarks $ 2,456 $ (443 ) $ 2,013 $ 2,474 $ (402 ) $ 2,072 Customer-related assets 4,094 (799 ) 3,295 4,097 (681 ) 3,416 Other 14 (2 ) 12 18 (4 ) 14 $ 6,564 $ (1,244 ) $ 5,320 $ 6,589 $ (1,087 ) $ 5,502

Employees' Stock Incentive Pl_2

Employees' Stock Incentive Plans (Tables)	9 Months Ended
	Sep. 28, 2019
Share-based Payment Arrangement [Abstract]
Schedule of Stock Option Activity and Related Information	Our stock option activity and related information was: Number of Stock Options Weighted Average Exercise Price Outstanding at December 29, 2018 18,259,965 $ 44.64 Granted 1,880,648 25.41 Forfeited (1,279,549 ) 66.59 Exercised (469,687 ) 23.19 Outstanding at September 28, 2019 18,391,377 41.70
Schedule of RSU Activity and Related Information	Our restricted stock unit (“RSU”) activity and related information was: Number of Units Weighted Average Grant Date Fair Value (per share) Outstanding at December 29, 2018 2,338,958 $ 68.49 Granted 7,867,566 25.64 Forfeited (695,969 ) 54.66 Vested (58,152 ) 84.95 Outstanding at September 28, 2019 9,452,403 33.74
Schedule of PSU Activity and Related Information	Our performance share unit (“PSU”) activity and related information was: Number of Units Weighted Average Grant Date Fair Value (per share) Outstanding at December 29, 2018 3,252,056 $ 59.24 Forfeited (955,880 ) 58.10 Outstanding at September 28, 2019 2,296,176 59.72

Postemployment Benefits (Tables

Postemployment Benefits (Tables)	9 Months Ended
	Sep. 28, 2019
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
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 September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Service cost $ 2 $ 2 $ 4 $ 4 Interest cost 41 41 12 16 Expected return on plan assets (58 ) (60 ) (34 ) (42 ) Amortization of prior service costs/(credits) — — 1 — Amortization of unrecognized losses/(gains) — — — 1 Settlements — (1 ) — — Special/contractual termination benefits — — 1 — Other — — 2 — Net pension cost/(benefit) $ (15 ) $ (18 ) $ (14 ) $ (21 ) For the Nine Months Ended U.S. Plans Non-U.S. Plans September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Service cost $ 6 $ 7 $ 12 $ 14 Interest cost 122 118 38 52 Expected return on plan assets (172 ) (187 ) (107 ) (134 ) Amortization of prior service costs/(credits) — — 1 — Amortization of unrecognized losses/(gains) — — — 2 Settlements — (3 ) — 58 Curtailments — — — (1 ) Special/contractual termination benefits — — 1 6 Other — — 3 — Net pension cost/(benefit) $ (44 ) $ (65 ) $ (52 ) $ (3 )
Postretirement Plans
Defined Benefit Plan Disclosure [Line Items]
Net Cost/(Benefit)	Net postretirement cost/(benefit) consisted of the following (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Service cost $ 1 $ 2 $ 4 $ 6 Interest cost 12 11 35 33 Expected return on plan assets (13 ) (12 ) (40 ) (37 ) Amortization of prior service costs/(credits) (77 ) (77 ) (230 ) (233 ) Amortization of unrecognized losses/(gains) (2 ) — (6 ) — Curtailments (4 ) — (4 ) — Net postretirement cost/(benefit) $ (83 ) $ (76 ) $ (241 ) $ (231 )

Financial Instruments (Tables)

Financial Instruments (Tables)	9 Months Ended
	Sep. 28, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Notional Values of Outstanding Derivatives	The notional values of our outstanding derivative instruments were (in millions): Notional Amount September 28, 2019 December 29, 2018 Commodity contracts $ 587 $ 478 Foreign exchange contracts 2,602 3,263 Cross-currency contracts 10,146 10,146
Schedule of Derivative Fair Values	The fair values and the levels within the fair value hierarchy of derivative instruments recorded on the consolidated balance sheets were (in millions): September 28, 2019 Quoted Prices in Active Markets for Identical Assets and Liabilities Significant Other Observable Inputs Total Fair Value Assets Liabilities Assets Liabilities Assets Liabilities Derivatives designated as hedging instruments: Foreign exchange contracts (a) $ — $ — $ 23 $ 12 $ 23 $ 12 Cross-currency contracts (b) — — 348 98 348 98 Derivatives not designated as hedging instruments: Commodity contracts (c) 17 11 1 1 18 12 Foreign exchange contracts (a) — — 4 25 4 25 Cross-currency contracts (b) — — 593 144 593 144 Total fair value $ 17 $ 11 $ 969 $ 280 $ 986 $ 291 (a) At September 28, 2019 , the fair value of our derivative assets was recorded in other current assets ( $23 million ) and other non-current assets ( $4 million ) the fair value of our derivative liabilities was recorded in other current liabilities ( $35 million ) and other non-current liabilities ( $2 million ). (b) At September 28, 2019 , the fair value of our derivative assets was recorded in other current assets ( $593 million ) and other non-current assets ( $348 million ), and the fair value of our derivative liabilities was recorded in other current liabilities ( $144 million ) and other non-current liabilities ( $98 million ). (c) At September 28, 2019 , the fair value of our derivative assets was recorded in other current assets ( $17 million ) and other non-current assets ( $1 million ) and the fair value of derivative liabilities was recorded in other current liabilities. December 29, 2018 Quoted Prices in Active Markets for Identical Assets and Liabilities (Level 1) Significant Other Observable Inputs (Level 2) Total Fair Value Assets Liabilities Assets Liabilities Assets Liabilities Derivatives designated as hedging instruments: Foreign exchange contracts (a) $ — $ — $ 51 $ 26 $ 51 $ 26 Cross-currency contracts (b) — — 139 3 139 3 Derivatives not designated as hedging instruments: Commodity contracts (a) 5 27 — 2 5 29 Foreign exchange contracts (a) — — 5 42 5 42 Cross-currency contracts (b) — — 557 119 557 119 Total fair value $ 5 $ 27 $ 752 $ 192 $ 757 $ 219 (a) The fair value of derivative assets was recorded in other current assets and the fair value of derivative liabilities was recorded in other current liabilities. (b) The fair value of derivative assets was recorded in other current assets ( $557 million ) and other non-current assets ( $139 million ), and the fair value of derivative liabilities was recorded within other current liabilities ( $119 million ) and other non-current liabilities ( $3 million ).
Derivative Impact on Statements of Other Comprehensive Income	The following table presents the pre-tax amounts of derivative gains/(losses) deferred into accumulated other comprehensive income/(losses) and the income statement line item that will be affected when reclassified to net income/(loss) (in millions): Accumulated Other Comprehensive Income/(Losses) Component Gains/(Losses) Recognized in Other Comprehensive Income/(Losses) Related to Derivatives Designated as Hedging Instruments Location of Gains/(Losses) When Reclassified to Net Income/(Loss) For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Cash flow hedges: Foreign exchange contracts $ — $ — $ (1 ) $ — Net sales Foreign exchange contracts 8 (5 ) (19 ) 27 Cost of products sold Foreign exchange contracts (excluded component) 1 (2 ) 1 (2 ) Cost of products sold Foreign exchange contracts — (12 ) (22 ) 19 Other expense/(income) Foreign exchange contracts (excluded component) — 2 — 2 Other expense/(income) Cross-currency contracts 43 — 62 — Other expense/(income) Cross-currency contracts (excluded component) 7 — 21 — Other expense/(income) Net investment hedges: Foreign exchange contracts 5 8 18 10 Other expense/(income) Foreign exchange contracts (excluded component) — 1 (1 ) 1 Interest expense Cross-currency contracts 66 (18 ) 28 78 Other expense/(income) Cross-currency contracts (excluded component) 8 6 22 6 Interest expense Total gains/(losses) recognized in statements of comprehensive income $ 138 $ (20 ) $ 109 $ 141
Derivative Impact on Statements of Income	The following tables present the pre-tax amounts of derivative gains/(losses) reclassified from accumulated other comprehensive income/(losses) to net income/(loss) and the affected income statement line items (in millions): For the Three Months Ended September 28, 2019 September 29, 2018 (As Restated) Cost of products sold Interest expense Other expense/ (income) Cost of products sold Interest expense Other expense/ (income) Total amounts presented in the consolidated statements of income in which the following effects were recorded $ 4,129 $ 398 $ (380 ) $ 4,289 $ 326 $ (71 ) Gains/(losses) related to derivatives designated as hedging instruments: Cash flow hedges: Foreign exchange contracts $ 5 $ — $ — $ 1 $ — $ (12 ) Foreign exchange contracts (excluded component) 1 — — (1 ) — 2 Interest rate contracts — (1 ) — — (1 ) — Cross-currency contracts — — 38 — — — Cross-currency contracts (excluded component) — — 7 — — — Net investment hedges: Cross-currency contracts (excluded component) — 8 — — 6 — Gains/(losses) related to derivatives not designated as hedging instruments: Commodity contracts (13 ) — — (17 ) — — Foreign exchange contracts — — (10 ) — — (12 ) Cross-currency contracts — — 3 — — 2 Total gains/(losses) recognized in statements of income $ (7 ) $ 7 $ 38 $ (17 ) $ 5 $ (20 ) For the Nine Months Ended September 28, 2019 September 29, 2018 (As Restated) Cost of products sold Interest expense Other expense/ (income) Cost of products sold Interest expense Other expense/ (income) Total amounts presented in the consolidated statements of income in which the following effects were recorded $ 12,401 $ 1,035 $ (893 ) $ 12,672 $ 959 $ (181 ) Gains/(losses) related to derivatives designated as hedging instruments: Cash flow hedges: Foreign exchange contracts $ 22 $ — $ (22 ) $ (8 ) $ — $ 19 Foreign exchange contracts (excluded component) (1 ) — — (1 ) — 2 Interest rate contracts — (3 ) — — (3 ) — Cross-currency contracts — — 44 — — — Cross-currency contracts (excluded component) — — 21 — — — Net investment hedges: Foreign exchange contracts — — (6 ) — — — Foreign exchange contracts (excluded component) — (1 ) — — — — Cross-currency contracts (excluded component) — 22 — — 6 — Gains/(losses) related to derivatives not designated as hedging instruments: Commodity contracts 13 — — (32 ) — — Foreign exchange contracts — — (16 ) — — (56 ) Cross-currency contracts — — 10 — — 1 Total gains/(losses) recognized in statements of income $ 34 $ 18 $ 31 $ (41 ) $ 3 $ (34 )

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income/(Losses) (Tables) - AOCI Attributable to Parent	9 Months Ended
	Sep. 28, 2019
Accumulated Other Comprehensive Income/(Loss) [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 29, 2018 $ (2,476 ) $ 492 $ 41 $ (1,943 ) Foreign currency translation adjustments (272 ) — — (272 ) Net deferred gains/(losses) on net investment hedges 147 — — 147 Amounts excluded from the effectiveness assessment of net investment hedges 16 — — 16 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (10 ) — — (10 ) Net deferred gains/(losses) on cash flow hedges — — 24 24 Amounts excluded from the effectiveness assessment of cash flow hedges — — 21 21 Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) — — (55 ) (55 ) Net postemployment benefit gains/(losses) arising during the period — (14 ) — (14 ) Net postemployment benefit losses/(gains) reclassified to net income/(loss) — (176 ) — (176 ) Cumulative effect of accounting standards adopted in the period (a) — 114 22 136 Total other comprehensive income/(loss) (119 ) (76 ) 12 (183 ) Balance as of September 28, 2019 $ (2,595 ) $ 416 $ 53 $ (2,126 ) (a) In the first quarter of 2019, we adopted ASU 2018-02 related to reclassifying tax effects stranded in accumulated other comprehensive income/(losses). See Note 4, New Accounting Standards , for additional information.
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 September 28, 2019 September 29, 2018 (As Restated) Before Tax Amount Tax Net of Tax Amount Before Tax Amount Tax Net of Tax Amount Foreign currency translation adjustments $ (410 ) $ — $ (410 ) $ (142 ) $ — $ (142 ) Net deferred gains/(losses) on net investment hedges 199 (48 ) 151 16 (3 ) 13 Amounts excluded from the effectiveness assessment of net investment hedges 8 (2 ) 6 7 (4 ) 3 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (8 ) 2 (6 ) (6 ) 4 (2 ) Net deferred gains/(losses) on cash flow hedges 51 (1 ) 50 (17 ) 1 (16 ) Amounts excluded from the effectiveness assessment of cash flow hedges 8 — 8 — — — Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) (50 ) — (50 ) 11 1 12 Net actuarial gains/(losses) arising during the period (13 ) 4 (9 ) 22 (5 ) 17 Net postemployment benefit losses/(gains) reclassified to net income/(loss) (79 ) 20 (59 ) (77 ) 19 (58 ) For the Nine Months Ended September 28, 2019 September 29, 2018 (As Restated) Before Tax Amount Tax Net of Tax Amount Before Tax Amount Tax Net of Tax Amount Foreign currency translation adjustments $ (272 ) $ — $ (272 ) $ (796 ) $ — $ (796 ) Net deferred gains/(losses) on net investment hedges 193 (46 ) 147 206 (48 ) 158 Amounts excluded from the effectiveness assessment of net investment hedges 21 (5 ) 16 7 (4 ) 3 Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss) (15 ) 5 (10 ) (6 ) 4 (2 ) Net deferred gains/(losses) on cash flow hedges 20 4 24 46 (6 ) 40 Amounts excluded from the effectiveness assessment of cash flow hedges 22 (1 ) 21 — — — Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss) (61 ) 6 (55 ) (9 ) (1 ) (10 ) Net actuarial gains/(losses) arising during the period (14 ) — (14 ) 93 (23 ) 70 Net postemployment benefit losses/(gains) reclassified to net income/(loss) (235 ) 59 (176 ) (177 ) 44 (133 )
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) to Net Income/(Loss) Affected Line Item in the Statements of Income For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 Losses/(gains) on net investment hedges: Foreign exchange contracts (a) $ — $ — $ 6 $ — Other expense/(income) Foreign exchange contracts (b) — — 1 — Interest expense Cross-currency contracts (b) (8 ) (6 ) (22 ) (6 ) Interest expense Losses/(gains) on cash flow hedges: Foreign exchange contracts (c) (6 ) — (21 ) 9 Cost of products sold Foreign exchange contracts (c) — 10 22 (21 ) Other expense/(income) Cross-currency contracts (c) (45 ) — (65 ) — Other expense/(income) Interest rate contracts (d) 1 1 3 3 Interest expense Losses/(gains) on hedges before income taxes (58 ) 5 (76 ) (15 ) Losses/(gains) on hedges, income taxes 2 5 11 3 Losses/(gains) on hedges $ (56 ) $ 10 $ (65 ) $ (12 ) Losses/(gains) on postemployment benefits: Amortization of unrecognized losses/(gains) $ (2 ) $ 1 $ (6 ) $ 2 (e) Amortization of prior service costs/(credits) (76 ) (77 ) (229 ) (233 ) (e) Settlement and curtailment losses/(gains) (1 ) (1 ) (1 ) 54 (e) Other losses/(gains) on postemployment benefits — — 1 — Losses/(gains) on postemployment benefits before income taxes (79 ) (77 ) (235 ) (177 ) Losses/(gains) on postemployment benefits, income taxes 20 19 59 44 Losses/(gains) on postemployment benefits $ (59 ) $ (58 ) $ (176 ) $ (133 ) (a) Represents the reclassification of hedge losses/(gains) resulting from the complete or substantially complete liquidation of our investment in the underlying foreign operations. (b) Represents recognition of the excluded component in net income/(loss). (c) Includes amortization of the excluded component and the effective portion of the related hedges. (d) Represents amortization of realized hedge losses that were deferred into accumulated other comprehensive income/(losses) through the maturity of the related long-term debt instruments. (e) These components are included in the computation of net periodic postemployment benefit costs. See Note 12, Postemployment Benefits , for additional information.

Commitments, Contingencies an_2

Commitments, Contingencies and Debt (Tables)	9 Months Ended
	Sep. 28, 2019
Debt Disclosure [Abstract]
Schedule of Extinguishment of Debt	The aggregate principal amounts of senior notes and second lien senior secured notes before and after the Tender Offers and the amounts validly tendered pursuant to the Tender Offers were (in millions): Aggregate Principal Amount Outstanding Before Tender Offers Amount Validly Tendered Aggregate Principal Amount Outstanding After Tender Offers 5.375% senior notes due February 2020 $ 900 $ 495 $ 405 3.500% senior notes due June 2022 2,000 881 1,119 3.500% senior notes due July 2022 1,000 554 446 4.000% senior notes due June 2023 1,600 762 838 4.875% second lien senior secured notes due February 2025 1,200 224 976 The aggregate principal amounts of senior notes before and after the debt redemptions in October 2019 were (in millions): Aggregate Principal Amount Outstanding Before Redemptions Amount Redeemed Aggregate Principal Amount Outstanding After Redemption 2.700% Canadian dollar senior notes due July 2020 C$ 300 C$ 300 C$ — 2.800% senior notes due July 2020 $ 1,500 $ 1,300 $ 200
Schedule of Long-Term Debt Issuances	A tabular summary of the 2019 Notes is included below. Aggregate Principal Amount (in millions) 3.750% senior notes due April 2030 $ 1,000 4.625% senior notes due October 2039 500 4.875% senior notes due October 2049 1,500 Total senior notes issued $ 3,000

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 28, 2019
Leases [Abstract]
Components of Lease Costs and Supplemental Information	Supplemental balance sheet information related to our leases was (in millions, except lease term and discount rate): September 28, 2019 Operating Finance Right-of-use assets $ 557 $ 183 Lease liabilities (current) 153 28 Lease liabilities (non-current) 467 157 Weighted average remaining lease term 6 years 9 years Weighted average discount rate 4.1 % 3.4 % Cash flows arising from lease transactions were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 Cash paid for amounts included in the measurement of lease liabilities: Operating cash inflows/(outflows) from operating leases $ (48 ) $ (146 ) Operating cash inflows/(outflows) from finance leases (2 ) (5 ) Financing cash inflows/(outflows) from finance leases (7 ) (20 ) Right-of-use assets obtained in exchange for lease liabilities: Operating leases 4 31 Finance leases 8 8 The components of our lease costs were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 Operating lease costs $ 49 $ 145 Finance lease costs: Amortization of right-of-use assets 6 19 Interest on lease liabilities 2 5 Short-term lease costs 3 9 Variable lease costs 325 976 Sublease income (4 ) (11 ) Total lease costs $ 381 $ 1,143
Schedule of Future Minimum Lease Payments	Future minimum lease payments for leases in effect at September 28, 2019 were (in millions): Operating Finance 2019 (excluding the nine months ended September 28, 2019) $ 49 $ 9 2020 165 32 2021 128 70 2022 93 21 2023 66 9 Thereafter 206 85 Total future undiscounted lease payments 707 226 Less imputed interest (87 ) (41 ) Total lease liability $ 620 $ 185
Schedule of Future Minimum Lease Payments	Future minimum lease payments for leases in effect at September 28, 2019 were (in millions): Operating Finance 2019 (excluding the nine months ended September 28, 2019) $ 49 $ 9 2020 165 32 2021 128 70 2022 93 21 2023 66 9 Thereafter 206 85 Total future undiscounted lease payments 707 226 Less imputed interest (87 ) (41 ) Total lease liability $ 620 $ 185
Schedule of Future Minimum Rental Payments for Operating Leases	Minimum rental commitments under non-cancelable operating leases in effect at December 29, 2018 under the previous lease standard, ASC 840, were (in millions): 2019 $ 185 2020 137 2021 105 2022 70 2023 49 Thereafter 148 Total $ 694

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 28, 2019
Earnings Per Share [Abstract]
Schedule of Earnings Per Common Share, Basic and Diluted	Our earnings per common share (“EPS”) were: For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 (As Restated) (As Restated) (in millions, except per share data) Basic Earnings Per Common Share: Net income/(loss) attributable to common shareholders $ 899 $ 619 $ 1,753 $ 2,376 Weighted average shares of common stock outstanding 1,221 1,219 1,220 1,219 Net earnings/(loss) $ 0.74 $ 0.51 $ 1.44 $ 1.95 Diluted Earnings Per Common Share: Net income/(loss) attributable to common shareholders $ 899 $ 619 $ 1,753 $ 2,376 Weighted average shares of common stock outstanding 1,221 1,219 1,220 1,219 Effect of dilutive equity awards 2 7 3 8 Weighted average shares of common stock outstanding, including dilutive effect 1,223 1,226 1,223 1,227 Net earnings/(loss) $ 0.74 $ 0.50 $ 1.43 $ 1.94

Segment Reporting (Tables)

Segment Reporting (Tables)	9 Months Ended
	Sep. 28, 2019
Segment Reporting [Abstract]
Net Sales by Segment	Net sales by segment were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 (As Restated) (As Restated) Net sales: United States $ 4,361 $ 4,431 $ 13,074 $ 13,312 Canada 415 525 1,425 1,573 EMEA 612 634 1,862 2,026 Rest of World 688 793 2,080 2,466 Total net sales $ 6,076 $ 6,383 $ 18,441 $ 19,377
Segment Adjusted EBITDA	Segment Adjusted EBITDA was (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 (As Restated) (As Restated) Segment Adjusted EBITDA: United States $ 1,155 $ 1,176 $ 3,539 $ 3,969 Canada 107 144 371 451 EMEA 165 165 479 553 Rest of World 100 148 303 505 General corporate expenses (58 ) (39 ) (192 ) (128 ) Depreciation and amortization (excluding integration and restructuring expenses) (243 ) (245 ) (730 ) (679 ) Integration and restructuring expenses (15 ) (32 ) (56 ) (215 ) Deal costs (6 ) (3 ) (19 ) (19 ) Unrealized gains/(losses) on commodity hedges (9 ) (6 ) 30 (11 ) Impairment losses (5 ) (217 ) (1,223 ) (451 ) Equity award compensation expense (excluding integration and restructuring expenses) (11 ) (17 ) (26 ) (44 ) Operating income/(loss) 1,180 1,074 2,476 3,931 Interest expense 398 326 1,035 959 Other expense/(income) (380 ) (71 ) (893 ) (181 ) Income/(loss) before income taxes $ 1,162 $ 819 $ 2,334 $ 3,153
Net Sales by Product Category	Net sales by product category were (in millions): For the Three Months Ended For the Nine Months Ended September 28, 2019 September 29, 2018 September 28, 2019 September 29, 2018 (As Restated) (As Restated) Condiments and sauces $ 1,611 $ 1,629 $ 4,850 $ 5,113 Cheese and dairy 1,104 1,236 3,552 3,727 Ambient foods 623 612 1,782 1,866 Frozen and chilled foods 643 685 1,847 1,900 Meats and seafood 612 645 1,852 1,893 Refreshment beverages 397 387 1,190 1,197 Coffee 296 342 932 1,041 Infant and nutrition 120 172 387 596 Desserts, toppings and baking 246 244 693 714 Nuts and salted snacks 233 229 687 650 Other 191 202 669 680 Total net sales $ 6,076 $ 6,383 $ 18,441 $ 19,377

Supplemental Guarantor Inform_2

Supplemental Guarantor Information (Tables)	9 Months Ended
	Sep. 28, 2019
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 September 28, 2019 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,118 $ 2,070 $ (112 ) $ 6,076 Cost of products sold — 2,742 1,499 (112 ) 4,129 Gross profit — 1,376 571 — 1,947 Selling, general and administrative expenses, excluding impairment losses — 195 567 — 762 Goodwill impairment losses — — — — — Intangible asset impairment losses — — 5 — 5 Selling, general and administrative expenses — 195 572 — 767 Intercompany service fees and other recharges — 719 (719 ) — — Operating income/(loss) — 462 718 — 1,180 Interest expense — 384 14 — 398 Other expense/(income) — 12 (392 ) — (380 ) Income/(loss) before income taxes — 66 1,096 — 1,162 Provision for/(benefit from) income taxes — 31 233 — 264 Equity in earnings/(losses) of subsidiaries 899 864 — (1,763 ) — Net income/(loss) 899 899 863 (1,763 ) 898 Net income/(loss) attributable to noncontrolling interest — — (1 ) — (1 ) Net income/(loss) excluding noncontrolling interest $ 899 $ 899 $ 864 $ (1,763 ) $ 899 Comprehensive income/(loss) excluding noncontrolling interest $ 580 $ 580 $ (258 ) $ (322 ) $ 580 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Three Months Ended September 29, 2018 (in millions) (Unaudited) As Restated Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,226 $ 2,295 $ (138 ) $ 6,383 Cost of products sold — 2,819 1,608 (138 ) 4,289 Gross profit — 1,407 687 — 2,094 Selling, general and administrative expenses, excluding impairment losses — 205 598 — 803 Goodwill impairment losses — — — — — Intangible asset impairment losses — — 217 — 217 Selling, general and administrative expenses — 205 815 — 1,020 Intercompany service fees and other recharges — 975 (975 ) — — Operating income/(loss) — 227 847 — 1,074 Interest expense — 310 16 — 326 Other expense/(income) — (60 ) (11 ) — (71 ) Income/(loss) before income taxes — (23 ) 842 — 819 Provision for/(benefit from) income taxes — (41 ) 242 — 201 Equity in earnings/(losses) of subsidiaries 619 600 — (1,219 ) — Net income/(loss) 619 618 600 (1,219 ) 618 Net income/(loss) attributable to noncontrolling interest — — (1 ) — (1 ) Net income/(loss) excluding noncontrolling interest $ 619 $ 618 $ 601 $ (1,219 ) $ 619 Comprehensive income/(loss) excluding noncontrolling interest $ 446 $ 446 $ 441 $ (887 ) $ 446 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Three Months Ended September 29, 2018 (in millions) (Unaudited) As Previously Reported Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 4,226 $ 2,289 $ (137 ) $ 6,378 Cost of products sold — 2,800 1,608 (137 ) 4,271 Gross profit — 1,426 681 — 2,107 Selling, general and administrative expenses, excluding impairment losses — 205 598 — 803 Goodwill impairment losses — — — — — Intangible asset impairment losses — — 234 — 234 Selling, general and administrative expenses — 205 832 — 1,037 Intercompany service fees and other recharges — 975 (975 ) — — Operating income/(loss) — 246 824 — 1,070 Interest expense — 311 16 — 327 Other expense/(income) — (59 ) (12 ) — (71 ) Income/(loss) before income taxes — (6 ) 820 — 814 Provision for/(benefit from) income taxes — (52 ) 238 — 186 Equity in earnings/(losses) of subsidiaries 630 584 — (1,214 ) — Net income/(loss) 630 630 582 (1,214 ) 628 Net income/(loss) attributable to noncontrolling interest — — (2 ) — (2 ) Net income/(loss) excluding noncontrolling interest $ 630 $ 630 $ 584 $ (1,214 ) $ 630 — Comprehensive income/(loss) excluding noncontrolling interest $ 455 $ 455 $ 423 $ (878 ) $ 455 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Nine Months Ended September 28, 2019 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 12,398 $ 6,384 $ (341 ) $ 18,441 Cost of products sold — 8,130 4,612 (341 ) 12,401 Gross profit — 4,268 1,772 — 6,040 Selling, general and administrative expenses, excluding impairment losses — 609 1,732 — 2,341 Goodwill impairment losses — — 744 — 744 Intangible asset impairment losses — — 479 — 479 Selling, general and administrative expenses — 609 2,955 — 3,564 Intercompany service fees and other recharges — 2,459 (2,459 ) — — Operating income/(loss) — 1,200 1,276 — 2,476 Interest expense — 982 53 — 1,035 Other expense/(income) — (53 ) (840 ) — (893 ) Income/(loss) before income taxes — 271 2,063 — 2,334 Provision for/(benefit from) income taxes — 102 482 — 584 Equity in earnings/(losses) of subsidiaries 1,753 1,584 — (3,337 ) — Net income/(loss) 1,753 1,753 1,581 (3,337 ) 1,750 Net income/(loss) attributable to noncontrolling interest — — (3 ) — (3 ) Net income/(loss) excluding noncontrolling interest $ 1,753 $ 1,753 $ 1,584 $ (3,337 ) $ 1,753 Comprehensive income/(loss) excluding noncontrolling interest $ 1,434 $ 1,434 $ 1,210 $ (2,644 ) $ 1,434 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Nine Months Ended September 29, 2018 (in millions) (Unaudited) As Restated Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 12,693 $ 7,091 $ (407 ) $ 19,377 Cost of products sold — 8,157 4,922 (407 ) 12,672 Gross profit — 4,536 2,169 — 6,705 Selling, general and administrative expenses, excluding impairment losses — 589 1,734 — 2,323 Goodwill impairment losses — — 133 — 133 Intangible asset impairment losses — — 318 — 318 Selling, general and administrative expenses — 589 2,185 — 2,774 Intercompany service fees and other recharges — 3,253 (3,253 ) — — Operating income/(loss) — 694 3,237 — 3,931 Interest expense — 908 51 — 959 Other expense/(income) — (236 ) 55 — (181 ) Income/(loss) before income taxes — 22 3,131 — 3,153 Provision for/(benefit from) income taxes — (23 ) 802 — 779 Equity in earnings/(losses) of subsidiaries 2,376 2,331 — (4,707 ) — Net income/(loss) 2,376 2,376 2,329 (4,707 ) 2,374 Net income/(loss) attributable to noncontrolling interest — — (2 ) — (2 ) Net income/(loss) excluding noncontrolling interest $ 2,376 $ 2,376 $ 2,331 $ (4,707 ) $ 2,376 Comprehensive income/(loss) excluding noncontrolling interest $ 1,706 $ 1,706 $ 1,630 $ (3,336 ) $ 1,706 The Kraft Heinz Company Condensed Consolidating Statements of Income For the Nine Months Ended September 29, 2018 (in millions) (Unaudited) As Previously Reported Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Net sales $ — $ 12,693 $ 7,082 $ (407 ) $ 19,368 Cost of products sold — 8,130 4,928 (407 ) 12,651 Gross profit — 4,563 2,154 — 6,717 Selling, general and administrative expenses, excluding impairment losses — 589 1,749 — 2,338 Goodwill impairment losses — — 164 — 164 Intangible asset impairment losses — — 335 — 335 Selling, general and administrative expenses — 589 2,248 — 2,837 Intercompany service fees and other recharges — 3,253 (3,253 ) — — Operating income/(loss) — 721 3,159 — 3,880 Interest expense — 911 51 — 962 Other expense/(income) — (234 ) 38 — (196 ) Income/(loss) before income taxes — 44 3,070 — 3,114 Provision for/(benefit from) income taxes — (36 ) 774 — 738 Equity in earnings/(losses) of subsidiaries 2,379 2,299 — (4,678 ) — Net income/(loss) 2,379 2,379 2,296 (4,678 ) 2,376 Net income/(loss) attributable to noncontrolling interest — — (3 ) — (3 ) Net income/(loss) excluding noncontrolling interest $ 2,379 $ 2,379 $ 2,299 $ (4,678 ) $ 2,379 — Comprehensive income/(loss) excluding noncontrolling interest $ 1,701 $ 1,701 $ 1,588 $ (3,289 ) $ 1,701
Condensed Consolidating Balance Sheets	The Kraft Heinz Company Condensed Consolidating Balance Sheets As of September 28, 2019 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ 834 $ 1,481 $ — $ 2,315 Trade receivables, net — 867 1,092 — 1,959 Receivables due from affiliates — 1,437 854 (2,291 ) — Dividends due from affiliates — — — — — Income taxes receivable — 38 81 — 119 Inventories — 2,179 979 — 3,158 Short-term lending due from affiliates — 1,357 4,242 (5,599 ) — Prepaid expenses — 216 199 — 415 Other current assets — 669 455 — 1,124 Assets held for sale — 23 12 — 35 Total current assets — 7,620 9,395 (7,890 ) 9,125 Property, plant and equipment, net — 4,392 2,534 — 6,926 Goodwill — 11,066 24,760 — 35,826 Investments in subsidiaries 50,788 66,986 — (117,774 ) — Intangible assets, net — 2,895 45,819 — 48,714 Long-term lending due from affiliates — 207 2,000 (2,207 ) — Other non-current assets — 825 1,406 — 2,231 TOTAL ASSETS $ 50,788 $ 93,991 $ 85,914 $ (127,871 ) $ 102,822 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ — $ 14 $ 1 $ — $ 15 Current portion of long-term debt — 1,928 617 — 2,545 Short-term lending due to affiliates — 4,242 1,357 (5,599 ) — Trade payables — 2,602 1,554 — 4,156 Payables due to affiliates — 854 1,437 (2,291 ) — Accrued marketing — 121 337 — 458 Interest payable — 267 11 — 278 Dividends due to affiliates — — — — — Other current liabilities — 1,019 639 — 1,658 Liabilities held for sale — — 2 — 2 Total current liabilities — 11,047 5,955 (7,890 ) 9,112 Long-term debt — 27,822 290 — 28,112 Long-term borrowings due to affiliates — 2,000 207 (2,207 ) — Deferred income taxes — 1,415 10,595 — 12,010 Accrued postemployment costs — 82 233 — 315 Other non-current liabilities — 837 630 — 1,467 TOTAL LIABILITIES — 43,203 17,910 (10,097 ) 51,016 Redeemable noncontrolling interest — — 2 — 2 Total shareholders’ equity 50,788 50,788 67,871 (117,774 ) 51,673 Noncontrolling interest — — 131 — 131 TOTAL EQUITY 50,788 50,788 68,002 (117,774 ) 51,804 TOTAL LIABILITIES AND EQUITY $ 50,788 $ 93,991 $ 85,914 $ (127,871 ) $ 102,822 The Kraft Heinz Company Condensed Consolidating Balance Sheets As of December 29, 2018 (in millions) (Unaudited) Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated ASSETS Cash and cash equivalents $ — $ 202 $ 928 $ — $ 1,130 Trade receivables, net — 933 1,196 — 2,129 Receivables due from affiliates — 870 341 (1,211 ) — Income taxes receivable — 701 9 (558 ) 152 Inventories — 1,783 884 — 2,667 Short-term lending due from affiliates — 1,787 3,753 (5,540 ) — Prepaid expenses — 198 202 — 400 Other current assets — 776 445 — 1,221 Assets held for sale — 75 1,301 — 1,376 Total current assets — 7,325 9,059 (7,309 ) 9,075 Property, plant and equipment, net — 4,524 2,554 — 7,078 Goodwill — 11,067 25,436 — 36,503 Investments in subsidiaries 51,657 67,867 — (119,524 ) — Intangible assets, net — 3,010 46,458 — 49,468 Long-term lending due from affiliates — — 2,000 (2,000 ) — Other non-current assets — 316 1,021 — 1,337 TOTAL ASSETS $ 51,657 $ 94,109 $ 86,528 $ (128,833 ) $ 103,461 LIABILITIES AND EQUITY Commercial paper and other short-term debt $ — $ — $ 21 $ — $ 21 Current portion of long-term debt — 363 14 — 377 Short-term lending due to affiliates — 3,753 1,787 (5,540 ) — Trade payables — 2,563 1,590 — 4,153 Payables due to affiliates — 341 870 (1,211 ) — Accrued marketing — 282 440 — 722 Interest payable — 394 14 — 408 Other current liabilities — 888 1,437 (558 ) 1,767 Liabilities held for sale — — 55 — 55 Total current liabilities — 8,584 6,228 (7,309 ) 7,503 Long-term debt — 29,872 898 — 30,770 Long-term borrowings due to affiliates — 2,000 12 (2,012 ) — Deferred income taxes — 1,314 10,888 — 12,202 Accrued postemployment costs — 89 217 — 306 Other non-current liabilities — 593 309 — 902 TOTAL LIABILITIES — 42,452 18,552 (9,321 ) 51,683 Redeemable noncontrolling interest — — 3 — 3 Total shareholders’ equity 51,657 51,657 67,855 (119,512 ) 51,657 Noncontrolling interest — — 118 — 118 TOTAL EQUITY 51,657 51,657 67,973 (119,512 ) 51,775 TOTAL LIABILITIES AND EQUITY $ 51,657 $ 94,109 $ 86,528 $ (128,833 ) $ 103,461
Condensed Consolidating Statements of Cash Flows	The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 28, 2019 (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 $ 1,464 $ 1,715 $ 275 $ (1,464 ) $ 1,990 CASH FLOWS FROM INVESTING ACTIVITIES Capital expenditures — (293 ) (288 ) — (581 ) Payments to acquire business, net of cash acquired — (201 ) 2 — (199 ) Net proceeds from/(payments on) intercompany lending activities — 1,620 373 (1,993 ) — Additional investments in subsidiaries (19 ) (36 ) — 55 — Return of capital — — — — — Proceeds from sale of business, net of cash disposed — — 1,875 — 1,875 Other investing activities, net — 60 (44 ) — 16 Net cash provided by/(used for) investing activities (19 ) 1,150 1,918 (1,938 ) 1,111 CASH FLOWS FROM FINANCING ACTIVITIES Repayments of long-term debt — (3,267 ) (5 ) — (3,272 ) Proceeds from issuance of long-term debt — 2,968 (1 ) — 2,967 Debt prepayment and extinguishment costs — (91 ) — — (91 ) Proceeds from issuance of commercial paper — 377 — — 377 Repayments of commercial paper — (377 ) — — (377 ) Net proceeds from/(payments on) intercompany borrowing activities — (373 ) (1,620 ) 1,993 — Dividends paid (1,464 ) (1,464 ) — 1,464 (1,464 ) Other intercompany capital stock transactions — 19 36 (55 ) — Other financing activities, net 19 (23 ) (17 ) — (21 ) Net cash provided by/(used for) financing activities (1,445 ) (2,231 ) (1,607 ) 3,402 (1,881 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — (2 ) (38 ) — (40 ) Cash, cash equivalents, and restricted cash: Net increase/(decrease) — 632 548 — 1,180 Balance at beginning of period — 202 934 — 1,136 Balance at end of period $ — $ 834 $ 1,482 $ — $ 2,316 The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 29, 2018 (in millions) (Unaudited) As Restated Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES Net cash provided by/(used for) operating activities $ 2,421 $ 825 $ 63 $ (2,431 ) $ 878 CASH FLOWS FROM INVESTING ACTIVITIES Cash receipts on sold receivables — — 1,296 — 1,296 Capital expenditures — (251 ) (343 ) — (594 ) Payments to acquire business, net of cash acquired — (245 ) (3 ) — (248 ) Net proceeds from/(payments on) intercompany lending activities — 1,074 185 (1,259 ) — Additional investments in subsidiaries — (41 ) — 41 — Return of capital 7 — — (7 ) — Proceeds from sale of business, net of cash disposed — — 18 — 18 Other investing activities, net — 14 (1 ) — 13 Net cash provided by/(used for) investing activities 7 551 1,152 (1,225 ) 485 CASH FLOWS FROM FINANCING ACTIVITIES Repayments of long-term debt — (2,546 ) (160 ) — (2,706 ) Proceeds from issuance of long-term debt — 2,990 — — 2,990 Proceeds from issuance of commercial paper — 2,485 — — 2,485 Repayments of commercial paper — (1,950 ) — — (1,950 ) Net proceeds from/(payments on) intercompany borrowing activities — (185 ) (1,074 ) 1,259 — Dividends paid (2,421 ) (2,421 ) (10 ) 2,431 (2,421 ) Other intercompany capital stock transactions — (7 ) 41 (34 ) — Other financing activities, net (7 ) (17 ) (11 ) — (35 ) Net cash provided by/(used for) financing activities (2,428 ) (1,651 ) (1,214 ) 3,656 (1,637 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — — (128 ) — (128 ) Cash, cash equivalents, and restricted cash: Net increase/(decrease) — (275 ) (127 ) — (402 ) Balance at beginning of period — 644 1,125 — 1,769 Balance at end of period $ — $ 369 $ 998 $ — $ 1,367 The Kraft Heinz Company Condensed Consolidating Statements of Cash Flows For the Nine Months Ended September 29, 2018 (in millions) (Unaudited) As Previously Reported Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated CASH FLOWS FROM OPERATING ACTIVITIES Net cash provided by/(used for) operating activities $ 2,421 $ 844 $ 65 $ (2,431 ) $ 899 CASH FLOWS FROM INVESTING ACTIVITIES Cash receipts on sold receivables — — 1,296 — 1,296 Capital expenditures — (251 ) (343 ) — (594 ) Payments to acquire business, net of cash acquired — (244 ) (4 ) — (248 ) Net proceeds from/(payments on) intercompany lending activities — 1,074 185 (1,259 ) — Additional investments in subsidiaries — (41 ) — 41 — Return of capital 7 — — (7 ) — Proceeds from sale of business, net of cash disposed — — 18 — 18 Other investing activities, net — 13 — — 13 Net cash provided by/(used for) investing activities 7 551 1,152 (1,225 ) 485 CASH FLOWS FROM FINANCING ACTIVITIES Repayments of long-term debt — (2,565 ) (162 ) — (2,727 ) Proceeds from issuance of long-term debt — 2,990 — — 2,990 Proceeds from issuance of commercial paper — 2,485 — — 2,485 Repayments of commercial paper — (1,950 ) — — (1,950 ) Net proceeds from/(payments on) intercompany borrowing activities — (185 ) (1,074 ) 1,259 — Dividends paid (2,421 ) (2,421 ) (10 ) 2,431 (2,421 ) Other intercompany capital stock transactions — (7 ) 41 (34 ) — Other financing activities, net (7 ) (16 ) (12 ) — (35 ) Net cash provided by/(used for) financing activities (2,428 ) (1,669 ) (1,217 ) 3,656 (1,658 ) Effect of exchange rate changes on cash, cash equivalents, and restricted cash — — (128 ) — (128 ) Cash, cash equivalents, and restricted cash: Net increase/(decrease) — (274 ) (128 ) — (402 ) Balance at beginning of period — 644 1,125 — 1,769 Balance at end of period $ — $ 370 $ 997 $ — $ 1,367
Reconciliation from Cash and Cash Equivalents to Cash, Cash Equivalents, and Restricted Cash	The following tables provide a reconciliation of cash and cash equivalents, as reported on our condensed consolidating balance sheets, to cash, cash equivalents, and restricted cash, as reported on our condensed consolidating statements of cash flows (in millions): September 28, 2019 Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Cash and cash equivalents $ — $ 834 $ 1,481 $ — $ 2,315 Restricted cash included in other current assets — — 1 — 1 Restricted cash included in other non-current assets — — — — — Cash, cash equivalents, and restricted cash $ — $ 834 $ 1,482 $ — $ 2,316 December 29, 2018 Parent Guarantor Subsidiary Issuer Non-Guarantor Subsidiaries Eliminations Consolidated Cash and cash equivalents $ — $ 202 $ 928 $ — $ 1,130 Restricted cash included in other current assets — — 1 — 1 Restricted cash included in other non-current assets — — 5 — 5 Cash, cash equivalents, and restricted cash $ — $ 202 $ 934 $ — $ 1,136

Basis of Presentation (Details)

Basis of Presentation (Details)	9 Months Ended
	Sep. 28, 2019segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of Operating Segments	4
Number of Reportable Segments	3
Number of Operating Segments in Rest of World Reportable Segment	2

Restatement of Previously Iss_3

Restatement of Previously Issued Condensed Consolidated Financial Statements Additional Information (Details) - USD ($) $ in Millions	3 Months Ended				9 Months Ended		45 Months Ended	48 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 28, 2019	Sep. 29, 2018	Sep. 29, 2018	Dec. 29, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of products sold	$ 4,129	$ 4,289			$ 12,401	$ 12,672
Procurement Investigation Impact, Amount of Understatements Identified
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of products sold								$ 208
Procurement Investigation Impact, Amount of Understatements Identified | Restatement Impacts
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of products sold		13	$ 13	$ (4)		22	$ 175
Restatement | Restatement Impacts
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Cost of products sold		$ 18				$ 21

Restatement of Previously Iss_4

Restatement of Previously Issued Condensed Consolidated Financial Statements Schedule of Restatement of Consolidated Statement of Income (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Statements of Income
Net sales	$ 6,076	$ 6,383	$ 18,441	$ 19,377
Cost of products sold	4,129	4,289	12,401	12,672
Gross profit	1,947	2,094	6,040	6,705
Selling, general and administrative expenses, excluding impairment losses	762	803	2,341	2,323
Goodwill impairment losses	0	0	744	133
Intangible asset impairment losses	5	217	479	318
Selling, general and administrative expenses	767	1,020	3,564	2,774
Operating income/(loss)	1,180	1,074	2,476	3,931
Interest expense	398	326	1,035	959
Other expense/(income)	(380)	(71)	(893)	(181)
Income/(loss) before income taxes	1,162	819	2,334	3,153
Provision for/(benefit from) income taxes	264	201	584	779
Net income/(loss)	898	618	1,750	2,374
Net income/(loss) attributable to noncontrolling interest	(1)	(1)	(3)	(2)
Net income/(loss) attributable to common shareholders	$ 899	$ 619	$ 1,753	$ 2,376
Basic earnings/(loss) per share (in dollars per share)	$ 0.74	$ 0.51	$ 1.44	$ 1.95
Diluted earnings/(loss) per share (in dollars per share)	$ 0.74	$ 0.50	$ 1.43	$ 1.94
As Previously Reported
Statements of Income
Net sales		$ 6,378		$ 19,368
Cost of products sold		4,271		12,651
Gross profit		2,107		6,717
Selling, general and administrative expenses, excluding impairment losses		803		2,338
Goodwill impairment losses		0		164
Intangible asset impairment losses		234		335
Selling, general and administrative expenses		1,037		2,837
Operating income/(loss)		1,070		3,880
Interest expense		327		962
Other expense/(income)		(71)		(196)
Income/(loss) before income taxes		814		3,114
Provision for/(benefit from) income taxes		186		738
Net income/(loss)		628		2,376
Net income/(loss) attributable to noncontrolling interest		(2)		(3)
Net income/(loss) attributable to common shareholders		$ 630		$ 2,379
Basic earnings/(loss) per share (in dollars per share)		$ 0.52		$ 1.95
Diluted earnings/(loss) per share (in dollars per share)		$ 0.51		$ 1.94
Restatement Impacts
Statements of Income
Selling, general and administrative expenses, excluding impairment losses				$ (15)
Other expense/(income)				15
Restatement Impacts | Restatement
Statements of Income
Net sales		$ 5		9
Cost of products sold		18		21
Gross profit		(13)		(12)
Selling, general and administrative expenses, excluding impairment losses		0
Goodwill impairment losses		0		(31)
Intangible asset impairment losses		(17)		(17)
Selling, general and administrative expenses		(17)		(63)
Operating income/(loss)		4		51
Interest expense		(1)		(3)
Other expense/(income)		0
Income/(loss) before income taxes		5		39
Provision for/(benefit from) income taxes		15		41
Net income/(loss)		(10)		(2)
Net income/(loss) attributable to noncontrolling interest		1		1
Net income/(loss) attributable to common shareholders		$ (11)		$ (3)
Basic earnings/(loss) per share (in dollars per share)		$ (0.01)		$ 0
Diluted earnings/(loss) per share (in dollars per share)		$ (0.01)		$ 0
Restatement Impacts | Restatement, Supplier Rebates
Statements of Income
Cost of products sold		$ 13		$ 22
Provision for/(benefit from) income taxes		(2)		(3)
Restatement Impacts | Restatement, Capital Leases
Statements of Income
Cost of products sold		1		1
Interest expense		(1)		(3)
Provision for/(benefit from) income taxes		1		1
Restatement Impacts | Restatement, Income Taxes
Statements of Income
Provision for/(benefit from) income taxes		14		40
Restatement Impacts | Restatement, Impairments
Statements of Income
Selling, general and administrative expenses		(17)		(48)
Provision for/(benefit from) income taxes		4		4
Restatement Impacts | Restatement, Other Misclassifications
Statements of Income
Net sales		5		9
Cost of products sold		5		(2)
Selling, general and administrative expenses		1		1
Interest expense		(1)		(1)
Provision for/(benefit from) income taxes		(1)		1
Net income/(loss) attributable to noncontrolling interest		$ (1)		$ (1)

Restatement of Previously Iss_5

Restatement of Previously Issued Condensed Consolidated Financial Statements Schedule of Restatement of Consolidated Statement of Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended						9 Months Ended
	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 28, 2019	Sep. 29, 2018
Statements of Comprehensive Income
Net income/(loss)	$ 898			$ 618			$ 1,750	$ 2,374
Foreign currency translation adjustments	(407)			(144)			(257)	(809)
Net deferred gains/(losses) on net investment hedges	151			13			147	158
Amounts excluded from the effectiveness assessment of net investment hedges	6			3			16	3
Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss)	(6)			(2)			(10)	(2)
Net deferred gains/(losses) on cash flow hedges	50			(16)			24	40
Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss)	(50)			12			(55)	(10)
Net actuarial gains/(losses) arising during the period	(9)			17			(14)	70
Net postemployment benefit losses/(gains) reclassified to net income/(loss)	(59)			(58)			(176)	(133)
Total other comprehensive income/(loss)	(316)	$ (123)	$ 135	(175)	$ (582)	$ 74	(304)	(683)
Total comprehensive income/(loss)	582			443			1,446	1,691
Comprehensive income/(loss) attributable to noncontrolling interest	2			(3)			12	(15)
Comprehensive income/(loss) attributable to common shareholders	$ 580			446			$ 1,434	1,706
As Previously Reported
Statements of Comprehensive Income
Net income/(loss)				628				2,376
Foreign currency translation adjustments				(146)				(817)
Net deferred gains/(losses) on net investment hedges				13				158
Amounts excluded from the effectiveness assessment of net investment hedges				3				3
Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss)				(2)				2
Net deferred gains/(losses) on cash flow hedges				(16)				40
Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss)				12				(10)
Net actuarial gains/(losses) arising during the period				17				70
Net postemployment benefit losses/(gains) reclassified to net income/(loss)				(58)				(133)
Total other comprehensive income/(loss)				(177)	(588)	$ 74		(691)
Total comprehensive income/(loss)				451				1,685
Comprehensive income/(loss) attributable to noncontrolling interest				(4)				(16)
Comprehensive income/(loss) attributable to common shareholders				455				1,701
Restatement | Restatement Impacts
Statements of Comprehensive Income
Net income/(loss)				(10)				(2)
Foreign currency translation adjustments				2				8
Net deferred gains/(losses) on net investment hedges				0				0
Amounts excluded from the effectiveness assessment of net investment hedges				0				0
Net deferred losses/(gains) on net investment hedges reclassified to net income/(loss)				0				0
Net deferred gains/(losses) on cash flow hedges				0				0
Net deferred losses/(gains) on cash flow hedges reclassified to net income/(loss)				0				0
Net actuarial gains/(losses) arising during the period				0				0
Net postemployment benefit losses/(gains) reclassified to net income/(loss)				0				0
Total other comprehensive income/(loss)				2	$ 6			8
Total comprehensive income/(loss)				(8)				6
Comprehensive income/(loss) attributable to noncontrolling interest				1				1
Comprehensive income/(loss) attributable to common shareholders				$ (9)				$ 5

Restatement of Previously Iss_6

Restatement of Previously Issued Condensed Consolidated Financial Statements Schedule of Restatement of Consolidated Balance Sheets (Details) - USD ($) $ / shares in Units, $ in Millions	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 30, 2017
ASSETS
Cash and cash equivalents	$ 2,315			$ 1,130	$ 1,366
Trade receivables, net	1,959			2,129	2,032
Sold receivables					0
Income taxes receivable	119			152	203
Inventories	3,158			2,667	3,214
Prepaid expenses	415			400	389
Other current assets	1,124			1,221	352
Total current assets	9,125			9,075	7,556
Property, plant and equipment, net	6,926			7,078	7,074
Goodwill	35,826			36,503	44,339
Intangible assets, net	48,714			49,468	58,727
Other non-current assets	2,231			1,337	1,879
TOTAL ASSETS	102,822			103,461	119,575
LIABILITIES AND EQUITY
Commercial paper and other short-term debt	15			21	973
Current portion of long-term debt	2,545			377	371
Trade payables	4,156			4,153	4,238
Accrued marketing	458			722	494
Interest payable	278			408	315
Other current liabilities	1,658			1,767	1,231
Total current liabilities	9,112			7,503	7,622
Long-term debt	28,112			30,770	30,887
Deferred income taxes	12,010			12,202	14,224
Accrued postemployment costs	315			306	394
Other non-current liabilities	1,467			902	1,035
TOTAL LIABILITIES	51,016			51,683	54,162
Redeemable noncontrolling interest	2			3	6
Equity:
Common stock, $0.01 par value (5,000 shares authorized; 1,224 shares issued and 1,221 shares outstanding at September 28, 2019; 1,224 shares issued and 1,220 shares outstanding at December 29, 2018)	12			12	12
Additional paid-in capital	57,293			58,723	58,716
Retained earnings/(deficit)	(3,241)			(4,853)	8,479
Accumulated other comprehensive income/(losses)	(2,126)			(1,943)	(1,724)
Treasury stock, at cost (3 shares at September 28, 2019 and 4 shares at December 29, 2018)	(265)			(282)	(264)
Total shareholders' equity	51,673			51,657	65,219
Noncontrolling interest	131			118	188
TOTAL EQUITY	51,804	$ 51,675	$ 51,833	51,775	65,407	$ 65,708	$ 66,294	$ 66,070
TOTAL LIABILITIES AND EQUITY	102,822			103,461	119,575
Trade receivables, allowances	$ 0			$ 24	$ 24
Common stock, par value (in dollars per share)	$ 0.01			$ 0.01	$ 0.01
Common stock, shares authorized	5,000,000,000			5,000,000,000	5,000,000,000
Common stock, shares issued	0			1,224,000,000	1,222,000,000
Common stock, shares outstanding	0			1,220,000,000	1,219,000,000
Treasury stock, shares	0			4,000,000	3,000,000
As Previously Reported
ASSETS
Cash and cash equivalents					$ 1,366
Trade receivables, net					2,032
Sold receivables					0
Income taxes receivable					195
Inventories					3,287
Prepaid expenses					389
Other current assets					321
Total current assets					7,590
Property, plant and equipment, net					7,216
Goodwill					44,308
Intangible assets, net					58,727
Other non-current assets					1,889
TOTAL ASSETS					119,730
LIABILITIES AND EQUITY
Commercial paper and other short-term debt					973
Current portion of long-term debt					405
Trade payables					4,312
Accrued marketing					494
Interest payable					315
Other current liabilities					1,082
Total current liabilities					7,581
Long-term debt					30,998
Deferred income taxes					14,215
Accrued postemployment costs					394
Other non-current liabilities					964
TOTAL LIABILITIES					54,152
Redeemable noncontrolling interest					6
Equity:
Common stock, $0.01 par value (5,000 shares authorized; 1,224 shares issued and 1,221 shares outstanding at September 28, 2019; 1,224 shares issued and 1,220 shares outstanding at December 29, 2018)					12
Additional paid-in capital					58,793
Retained earnings/(deficit)					8,576
Accumulated other comprehensive income/(losses)					(1,732)
Treasury stock, at cost (3 shares at September 28, 2019 and 4 shares at December 29, 2018)					(264)
Total shareholders' equity					65,385
Noncontrolling interest					187
TOTAL EQUITY					65,572	65,865	66,455	66,241
TOTAL LIABILITIES AND EQUITY					119,730
Restatement | Restatement Impacts
ASSETS
Cash and cash equivalents					0
Trade receivables, net					0
Sold receivables					0
Income taxes receivable					8
Inventories					(73)
Prepaid expenses					0
Other current assets					31
Total current assets					(34)
Property, plant and equipment, net					(142)
Goodwill					31
Intangible assets, net					0
Other non-current assets					(10)
TOTAL ASSETS					(155)
LIABILITIES AND EQUITY
Commercial paper and other short-term debt					0
Current portion of long-term debt					(34)
Trade payables					(74)
Accrued marketing					0
Interest payable					0
Other current liabilities					149
Total current liabilities					41
Long-term debt					(111)
Deferred income taxes					9
Accrued postemployment costs					0
Other non-current liabilities					71
TOTAL LIABILITIES					10
Redeemable noncontrolling interest					0
Equity:
Common stock, $0.01 par value (5,000 shares authorized; 1,224 shares issued and 1,221 shares outstanding at September 28, 2019; 1,224 shares issued and 1,220 shares outstanding at December 29, 2018)					0
Additional paid-in capital					(77)
Retained earnings/(deficit)					(97)
Accumulated other comprehensive income/(losses)					8
Treasury stock, at cost (3 shares at September 28, 2019 and 4 shares at December 29, 2018)					0
Total shareholders' equity					(166)
Noncontrolling interest					1
TOTAL EQUITY					(165)	$ (157)	$ (161)	(171)
TOTAL LIABILITIES AND EQUITY					(155)
Restatement, Supplier Rebates | Restatement Impacts
ASSETS
Income taxes receivable					1
Other current assets					(36)
LIABILITIES AND EQUITY
Other current liabilities					66
Deferred income taxes					(40)
Other non-current liabilities					71
Equity:
Retained earnings/(deficit)					(132)
Restatement, Capital Leases | Restatement Impacts
ASSETS
Income taxes receivable					(1)
Property, plant and equipment, net					(141)
LIABILITIES AND EQUITY
Current portion of long-term debt					(32)
Long-term debt					(111)
Equity:
Retained earnings/(deficit)					2
Accumulated other comprehensive income/(losses)					(1)
Restatement, Balance Sheet Misclassifications | Restatement Impacts
ASSETS
Inventories					(67)
Other current assets					67
Equity:
Additional paid-in capital					(77)
Retained earnings/(deficit)					77
Restatement, Income Taxes | Restatement Impacts
ASSETS
Income taxes receivable					3
Other non-current assets					(10)
LIABILITIES AND EQUITY
Deferred income taxes					50
Equity:
Retained earnings/(deficit)					(66)
Accumulated other comprehensive income/(losses)					(9)
Restatement, Impairments | Restatement Impacts
ASSETS
Goodwill					30
Equity:
Retained earnings/(deficit)					31
Accumulated other comprehensive income/(losses)					1
Restatement, Other Misclassifications | Restatement Impacts
ASSETS
Income taxes receivable					4
Inventories					(6)
Property, plant and equipment, net					(1)
Goodwill					1
LIABILITIES AND EQUITY
Current portion of long-term debt					(2)
Trade payables					(74)
Other current liabilities					83
Long-term debt					1
Deferred income taxes					(1)
Equity:
Retained earnings/(deficit)					(9)
Noncontrolling interest					1
Restatement, Cumulative Effect Of Misstatements [Member] | Restatement Impacts
Equity:
Retained earnings/(deficit)					$ (3)			$ (94)

Restatement of Previously Iss_7

Restatement of Previously Issued Condensed Consolidated Financial Statements Schedule of Restatement of Consolidated Statement of Equity (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended						9 Months Ended
	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Sep. 28, 2019	Sep. 29, 2018
Total Shareholders' Equity [Roll forward]
Beginning balance	$ 51,675	$ 51,833	$ 51,775	$ 65,708	$ 66,294	$ 66,070	$ 51,775	$ 66,070
Net income/(loss) excluding redeemable noncontrolling interest	894	449	405	621	754	1,008
Other comprehensive income/(loss)	(316)	(123)	135	(175)	(582)	74	(304)	(683)
Dividends declared-common stock	(491)	(488)	(488)	(762)	(762)	(762)
Cumulative effect of accounting standards adopted in the period			0	(2)		(95)
Exercise of stock options, issuance of other stock awards, and other	42	4	6	17	4	(1)
Ending balance	$ 51,804	$ 51,675	$ 51,833	$ 65,407	$ 65,708	$ 66,294	51,804	65,407
Common stock dividends declared (in dollars per share)	$ 400	$ 0.4	$ 0.4	$ 0.625	$ 0.625	$ 0.625
As Previously Reported
Total Shareholders' Equity [Roll forward]
Beginning balance				$ 65,865	$ 66,455	$ 66,241		66,241
Net income/(loss) excluding redeemable noncontrolling interest				631	756	998
Other comprehensive income/(loss)				(177)	(588)	74		(691)
Dividends declared-common stock				(762)	(762)	(762)
Cumulative effect of accounting standards adopted in the period				(2)		(95)
Exercise of stock options, issuance of other stock awards, and other				17	4	(1)
Ending balance				65,572	65,865	66,455		65,572
Restatement | Restatement Impacts
Total Shareholders' Equity [Roll forward]
Beginning balance				(157)	(161)	(171)		(171)
Net income/(loss) excluding redeemable noncontrolling interest				(10)	(2)	10
Other comprehensive income/(loss)				2	6			8
Ending balance				(165)	(157)	(161)		(165)
Common Stock
Total Shareholders' Equity [Roll forward]
Beginning balance	$ 12	$ 12	$ 12	12	12	12	12	12
Ending balance	12	12	12	12	12	12	12	12
Common Stock | As Previously Reported
Total Shareholders' Equity [Roll forward]
Beginning balance				12	12	12		12
Ending balance				12	12	12		12
Common Stock | Restatement | Restatement Impacts
Total Shareholders' Equity [Roll forward]
Beginning balance				0	0	0		0
Ending balance				0	0	0		0
Additional Paid-in Capital
Total Shareholders' Equity [Roll forward]
Beginning balance	57,769	58,252	58,723	58,689	58,656	58,634	58,723	58,634
Dividends declared-common stock	(491)	(488)	(488)
Exercise of stock options, issuance of other stock awards, and other	15	5	17	27	33	22
Ending balance	57,293	57,769	58,252	58,716	58,689	58,656	57,293	58,716
Additional Paid-in Capital | As Previously Reported
Total Shareholders' Equity [Roll forward]
Beginning balance				58,766	58,733	58,711		58,711
Exercise of stock options, issuance of other stock awards, and other				27	33	22
Ending balance				58,793	58,766	58,733		58,793
Additional Paid-in Capital | Restatement | Restatement Impacts
Total Shareholders' Equity [Roll forward]
Beginning balance				(77)	(77)	(77)		(77)
Ending balance				(77)	(77)	(77)		(77)
Retained Earnings/(Deficit)
Total Shareholders' Equity [Roll forward]
Beginning balance	(4,140)	(4,586)	(4,853)	8,624	8,634	8,495	(4,853)	8,495
Net income/(loss) excluding redeemable noncontrolling interest	899	449	405	619	754	1,003
Dividends declared-common stock				(762)	(762)	(762)
Cumulative effect of accounting standards adopted in the period			(136)	(2)		(95)
Exercise of stock options, issuance of other stock awards, and other	0	(3)	(2)		(2)	(7)
Ending balance	(3,241)	(4,140)	(4,586)	8,479	8,624	8,634	(3,241)	8,479
Retained Earnings/(Deficit) | As Previously Reported
Total Shareholders' Equity [Roll forward]
Beginning balance				8,710	8,718	8,589		8,589
Net income/(loss) excluding redeemable noncontrolling interest				630	756	993
Dividends declared-common stock				(762)	(762)	(762)
Cumulative effect of accounting standards adopted in the period				(2)		(95)
Exercise of stock options, issuance of other stock awards, and other				0	(2)	(7)
Ending balance				8,576	8,710	8,718		8,576
Retained Earnings/(Deficit) | Restatement | Restatement Impacts
Total Shareholders' Equity [Roll forward]
Beginning balance				(86)	(84)	(94)		(94)
Net income/(loss) excluding redeemable noncontrolling interest				(11)	(2)	10
Ending balance				(97)	(86)	(84)		(97)
Accumulated Other Comprehensive Income/(Losses)
Total Shareholders' Equity [Roll forward]
Beginning balance	(1,807)	(1,684)	(1,943)	(1,551)	(975)	(1,054)	(1,943)	(1,054)
Other comprehensive income/(loss)	(319)	(123)	123	(173)	(576)	79
Cumulative effect of accounting standards adopted in the period			136
Ending balance	(2,126)	(1,807)	(1,684)	(1,724)	(1,551)	(975)	(2,126)	(1,724)
Accumulated Other Comprehensive Income/(Losses) | As Previously Reported
Total Shareholders' Equity [Roll forward]
Beginning balance				(1,557)	(975)	(1,054)		(1,054)
Other comprehensive income/(loss)				(175)	(582)	79
Ending balance				(1,732)	(1,557)	(975)		(1,732)
Accumulated Other Comprehensive Income/(Losses) | Restatement | Restatement Impacts
Total Shareholders' Equity [Roll forward]
Beginning balance				6	0	0		0
Other comprehensive income/(loss)				2	6
Ending balance				8	6	0		8
Treasury Stock, at Cost
Total Shareholders' Equity [Roll forward]
Beginning balance	(291)	(291)	(282)	(254)	(240)	(224)	(282)	(224)
Exercise of stock options, issuance of other stock awards, and other	(26)		(9)	(10)	(14)	(16)
Ending balance	(265)	(291)	(291)	(264)	(254)	(240)	(265)	(264)
Treasury Stock, at Cost | As Previously Reported
Total Shareholders' Equity [Roll forward]
Beginning balance				(254)	(240)	(224)		(224)
Exercise of stock options, issuance of other stock awards, and other				(10)	(14)	(16)
Ending balance				(264)	(254)	(240)		(264)
Treasury Stock, at Cost | Restatement | Restatement Impacts
Total Shareholders' Equity [Roll forward]
Beginning balance				0	0	0		0
Ending balance				0	0	0		0
Noncontrolling Interest
Total Shareholders' Equity [Roll forward]
Beginning balance	132	130	118	188	207	207	118	207
Net income/(loss) excluding redeemable noncontrolling interest	(5)			2		5
Other comprehensive income/(loss)	3		12	(2)	(6)	(5)
Exercise of stock options, issuance of other stock awards, and other	1	2			(13)
Ending balance	$ 131	$ 132	$ 130	188	188	207	$ 131	188
Noncontrolling Interest | As Previously Reported
Total Shareholders' Equity [Roll forward]
Beginning balance				188	207	207		207
Net income/(loss) excluding redeemable noncontrolling interest				1		5
Other comprehensive income/(loss)				(2)	(6)	(5)
Exercise of stock options, issuance of other stock awards, and other				0	(13)
Ending balance				187	188	207		187
Noncontrolling Interest | Restatement | Restatement Impacts
Total Shareholders' Equity [Roll forward]
Beginning balance				0	0	0		0
Net income/(loss) excluding redeemable noncontrolling interest				1
Ending balance				$ 1	$ 0	$ 0		$ 1

Restatement of Previously Iss_8

Restatement of Previously Issued Condensed Consolidated Financial Statements Schedule of Restatement of Consolidated Statement of Cash Flows (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Consolidated Statements of Cash Flows
Net income/(loss)	$ 898	$ 618	$ 1,750	$ 2,374
Depreciation and amortization			737	712
Amortization of postretirement benefit plans prior service costs/(credits)			(229)	(261)
Equity award compensation expense			26	44
Deferred income tax provision/(benefit)			(140)	104
Postemployment benefit plan contributions			(23)	(64)
Goodwill and intangible asset impairment losses			1,223	451
Nonmonetary currency devaluation			10	131
Loss/(gain) on sale of business			(490)	15
Other items, net			(34)	20
Trade receivables			138	(2,154)
Inventories			(637)	(645)
Accounts payable			113	130
Other current assets			(73)	(103)
Other current liabilities			(381)	124
Net cash provided by/(used for) operating activities			1,990	878
Cash receipts on sold receivables			0	1,296
Capital expenditures			(581)	(594)
Payments to acquire business, net of cash acquired			(199)	(248)
Proceeds from sale of business, net of cash disposed			1,875	18
Proceeds from issuance of long-term debt			2,967	2,990
Other investing activities, net			16	13
Net cash provided by/(used for) investing activities			1,111	485
Repayments of long-term debt			(3,272)	(2,706)
Proceeds from issuance of commercial paper			377	2,485
Repayments of commercial paper			(377)	(1,950)
Dividends paid			(1,464)	(2,421)
Other financing activities, net			(21)	(35)
Net cash provided by/(used for) financing activities			(1,881)	(1,637)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash			(40)	(128)
Net increase/(decrease)			1,180	(402)
Balance at beginning of period			1,136	1,769
Balance at end of period	$ 2,316	1,367	2,316	1,367
Beneficial interest obtained in exchange for securitized trade receivables			$ 0	938
As Previously Reported
Consolidated Statements of Cash Flows
Net income/(loss)		628		2,376
Depreciation and amortization				736
Amortization of postretirement benefit plans prior service costs/(credits)				(261)
Equity award compensation expense				44
Deferred income tax provision/(benefit)				96
Postemployment benefit plan contributions				(64)
Goodwill and intangible asset impairment losses				499
Nonmonetary currency devaluation				131
Loss/(gain) on sale of business				15
Other items, net				21
Trade receivables				(2,154)
Inventories				(663)
Accounts payable				145
Other current assets				(105)
Other current liabilities				83
Net cash provided by/(used for) operating activities				899
Cash receipts on sold receivables				1,296
Capital expenditures				(594)
Payments to acquire business, net of cash acquired				(248)
Proceeds from sale of business, net of cash disposed				18
Proceeds from sale of business, net of cash disposed				18
Proceeds from issuance of long-term debt				2,990
Other investing activities, net				13
Net cash provided by/(used for) investing activities				485
Repayments of long-term debt				(2,727)
Proceeds from issuance of commercial paper				2,485
Repayments of commercial paper				(1,950)
Dividends paid				(2,421)
Other financing activities, net				(35)
Net cash provided by/(used for) financing activities				(1,658)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash				(128)
Net increase/(decrease)				(402)
Balance at beginning of period				1,769
Balance at end of period		1,367		1,367
Beneficial interest obtained in exchange for securitized trade receivables				938
Restatement | Restatement Impacts
Consolidated Statements of Cash Flows
Net income/(loss)		(10)		(2)
Depreciation and amortization				(24)
Amortization of postretirement benefit plans prior service costs/(credits)				0
Equity award compensation expense				0
Deferred income tax provision/(benefit)				8
Postemployment benefit plan contributions				0
Goodwill and intangible asset impairment losses				(48)
Nonmonetary currency devaluation				0
Loss/(gain) on sale of business				0
Other items, net				(1)
Trade receivables				0
Inventories				18
Accounts payable				(15)
Other current assets				2
Other current liabilities				41
Net cash provided by/(used for) operating activities				(21)
Cash receipts on sold receivables				0
Capital expenditures				0
Payments to acquire business, net of cash acquired				0
Proceeds from sale of business, net of cash disposed				0
Proceeds from issuance of long-term debt				0
Other investing activities, net				0
Net cash provided by/(used for) investing activities				0
Repayments of long-term debt				21
Proceeds from issuance of commercial paper				0
Repayments of commercial paper				0
Dividends paid				0
Other financing activities, net				0
Net cash provided by/(used for) financing activities				21
Effect of exchange rate changes on cash, cash equivalents, and restricted cash				0
Net increase/(decrease)				0
Balance at beginning of period				0
Balance at end of period		$ 0		0
Beneficial interest obtained in exchange for securitized trade receivables				0
Restatement, Capital Leases | Restatement Impacts
Consolidated Statements of Cash Flows
Net cash provided by/(used for) operating activities				(21)
Net cash provided by/(used for) financing activities				(21)
Restatement, Other Misclassifications | Restatement Impacts
Consolidated Statements of Cash Flows
Net cash provided by/(used for) operating activities				(1)
Net cash provided by/(used for) financing activities				$ (1)

New Accounting Standards Additi

New Accounting Standards Additional Information (Details) - USD ($) $ in Millions	Dec. 30, 2018	Sep. 28, 2019
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Tax cuts and jobs act, reclassification from AOCI to retained earnings, tax effect		$ 136
Accounting Standards Update 2016-02
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Total lease assets	$ 821
Total lease liabilities	887
Accounting Standards Update 2018-02
Organization, Consolidation and Presentation of Financial Statements [Line Items]
Tax cuts and jobs act, reclassification from AOCI to retained earnings, tax effect	$ 136

Acquisitions and Divestitures A

Acquisitions and Divestitures Additional Information (Details) $ in Millions, ₨ in Billions, $ in Billions	Jul. 02, 2019USD ($)	Jan. 30, 2019USD ($)	Nov. 30, 2018CAD ($)	Oct. 31, 2018INR (₨)third-party	Sep. 28, 2019USD ($)	Mar. 30, 2019USD ($)	Sep. 29, 2018USD ($)	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)	Dec. 29, 2018USD ($)	Jan. 03, 2019USD ($)	May 31, 2018	Mar. 09, 2018
Business Acquisition [Line Items]
Goodwill on acquisition					$ 35,826		$ 44,339	$ 35,826	$ 44,339	$ 36,503
Deal costs					6		3	19	19
Gains/(losses) on sale of business								490	(15)
Heinz India
Business Acquisition [Line Items]
Number of third-parties | third-party				2
Sale of stock, percentage of ownership before transaction				100.00%
Proceeds from sale of business		$ 655		₨ 46
Gains/(losses) on sale of business		249			3	$ 246		249
Other		(3)			3
Tax indemnity liabilities		48
Canada Natural Cheese
Business Acquisition [Line Items]
Proceeds from sale of business	$ 1,236		$ 1.6
Gains/(losses) on sale of business	241							241
Other	$ 1
South Africa Subsidiary
Business Acquisition [Line Items]
Proceeds from sale of business									18
Gains/(losses) on sale of business									(15)
Noncontrolling interest, ownership percentage												50.10%
Primal Nutrition
Business Acquisition [Line Items]
Percent acquired											100.00%
Total consideration paid								201
Goodwill on acquisition											$ 124
Cerebos
Business Acquisition [Line Items]
Percent acquired													100.00%
Total consideration paid										$ 244
Deal costs					0		$ 3	2	19
Other Acquisitions
Business Acquisition [Line Items]
Total consideration paid									$ 27
Divestitures
Business Acquisition [Line Items]
Deal costs					$ 6			$ 17
Other current liabilities | Heinz India
Business Acquisition [Line Items]
Tax indemnity liabilities		18
Other non-current liabilities | Heinz India
Business Acquisition [Line Items]
Tax indemnity liabilities		30
Other expense/(income) | Heinz India
Business Acquisition [Line Items]
Gains/(losses) on sale of business		$ (48)

Acquisitions and Divestitures P

Acquisitions and Divestitures Primal Nutrition Purchase Price Allocation to Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Sep. 28, 2019	Jan. 03, 2019	Dec. 29, 2018	Sep. 29, 2018
Business Acquisition [Line Items]
Goodwill	$ 35,826		$ 36,503	$ 44,339
Primal Nutrition
Business Acquisition [Line Items]
Cash		$ 2
Other current assets		15
Identifiable intangible assets		66
Current liabilities		(6)
Net assets acquired		77
Goodwill		124
Total consideration		$ 201

Acquisitions and Divestitures_3

Acquisitions and Divestitures Primal Nutrition Purchase Price Allocation to Identifiable Intangible Assets Acquired (Details) - Primal Nutrition $ in Millions	Jan. 03, 2019USD ($)
Business Acquisition [Line Items]
Identifiable intangible assets	$ 66
Trademarks
Business Acquisition [Line Items]
Identifiable intangible assets	$ 52.5
Definite-lived intangible asset, weighted average life	15 years
Customer-related assets
Business Acquisition [Line Items]
Identifiable intangible assets	$ 13.5
Definite-lived intangible asset, weighted average life	20 years

Acquisitions and Divestitures C

Acquisitions and Divestitures Components of Gain on Heinz India Sale (Details) $ in Millions, ₨ in Billions	Jan. 30, 2019USD ($)	Oct. 31, 2018INR (₨)	Sep. 28, 2019USD ($)	Mar. 30, 2019USD ($)	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain on sale of Heinz India					$ 490	$ (15)
Heinz India
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business	$ 655	₨ 46
Less investment in Heinz India	(355)
Recognition of tax indemnification	(48)
Other	(3)		$ 3
Pre-tax gain on sale of Heinz India	$ 249		$ 3	$ 246	$ 249

Acquisitions and Divestitures_4

Acquisitions and Divestitures Components of Gain on Canada Natural Cheese Sale (Details) $ in Millions, $ in Billions	Jul. 02, 2019USD ($)	Nov. 30, 2018CAD ($)	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax gain on sale of Heinz India			$ 490	$ (15)
Canada Natural Cheese
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of business	$ 1,236	$ 1.6
Disposal Group, Carrying Value of Business Divested	(996)
Other	1
Pre-tax gain on sale of Heinz India	$ 241		$ 241

Acquisitions and Divestitures_5

Acquisitions and Divestitures Assets and Liabilities Held for Sale by Major Class (Details) - USD ($) $ in Millions	Sep. 28, 2019	Dec. 29, 2018
Business Combinations [Abstract]
Inventories	$ 0	$ 92
Property, plant and equipment, net	26	139
Goodwill	0	669
Intangible assets, net	9	437
Other	0	39
Total assets held for sale	35	1,376
Total liabilities held for sale	$ 2	$ 55

Restructuring Activities Additi

Restructuring Activities Additional Information (Details)	3 Months Ended		9 Months Ended
	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)	Sep. 28, 2019USD ($)employee	Sep. 29, 2018USD ($)
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	$ 15,000,000	$ 31,000,000	$ 56,000,000	$ 278,000,000
Restructuring Activities
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, expected number of positions eliminated | employee			450
Restructuring and related cost, number of positions eliminated | employee			300
Restructuring and related cost, incurred cost (credit)	15,000,000	21,000,000	$ 56,000,000	188,000,000
Restructuring Activities | Severance and Employee Benefit Costs
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	(2,000,000)		(5,000,000)
Restructuring Activities | Asset-Related Costs
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	8,000,000		20,000,000
Restructuring Activities | Other Implementation Costs
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	9,000,000		41,000,000
Integration Program
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	$ 0	$ 10,000,000	$ 0	$ 90,000,000

Restructuring Activities Restru

Restructuring Activities Restructuring Reserve Roll-forward (Details) - Restructuring Activities $ in Millions	9 Months Ended
	Sep. 28, 2019USD ($)
Restructuring Reserve [Roll Forward]
Beginning balance	$ 65
Charges/(credits)	(5)
Cash payments	(23)
Ending balance	37
Severance and Employee Benefit Costs
Restructuring Reserve [Roll Forward]
Beginning balance	32
Charges/(credits)	(5)
Cash payments	(16)
Ending balance	11
Other Exit Costs
Restructuring Reserve [Roll Forward]
Beginning balance	33
Charges/(credits)	0
Cash payments	(7)
Ending balance	$ 26

Restructuring Activities Rest_2

Restructuring Activities Restructuring Costs by Type and Income Statement Location (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	$ 15	$ 31	$ 56	$ 278
Severance and Employee Benefit Costs | Cost of products sold
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	(1)	(8)	(4)	17
Severance and Employee Benefit Costs | Other expense/(income)
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	(1)	2	(1)	12
Severance and Employee Benefit Costs | Other expense/(income)
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	0	(1)	0	5
Asset-Related Costs | Cost of products sold
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	8	8	11	33
Asset-Related Costs | Other expense/(income)
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	0	6	9	7
Other Costs | Cost of products sold
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	5	18	20	125
Other Costs | Other expense/(income)
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	4	6	21	21
Other Costs | Other expense/(income)
Restructuring Cost and Reserve [Line Items]
Restructuring and related cost, incurred cost (credit)	$ 0	$ 0	$ 0	$ 58

Restructuring Activities Rest_3

Restructuring Activities Restructuring Costs Excluded from Segments (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Segment Reporting Information [Line Items]
Restructuring and related cost, incurred cost (credit)	$ 15	$ 31	$ 56	$ 278
United States
Segment Reporting Information [Line Items]
Restructuring and related cost, incurred cost (credit)	8	23	34	144
Canada
Segment Reporting Information [Line Items]
Restructuring and related cost, incurred cost (credit)	4	4	10	70
EMEA
Segment Reporting Information [Line Items]
Restructuring and related cost, incurred cost (credit)	0	(11)	4	17
Rest of World
Segment Reporting Information [Line Items]
Restructuring and related cost, incurred cost (credit)	2	5	3	14
General corporate expenses
Segment Reporting Information [Line Items]
Restructuring and related cost, incurred cost (credit)	$ 1	$ 10	$ 5	$ 33

Restricted Cash Reconciliation

Restricted Cash Reconciliation from Cash and Cash Equivalents to Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Millions	Sep. 28, 2019	Dec. 29, 2018	Sep. 29, 2018	Dec. 30, 2017
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents	$ 2,315	$ 1,130	$ 1,366
Restricted cash included in other current assets	1	1
Restricted cash included in other non-current assets	0	5
Cash, cash equivalents, and restricted cash	$ 2,316	$ 1,136	$ 1,367	$ 1,769

Inventories Components of Inven

Inventories Components of Inventories (Details) - USD ($) $ in Millions	Sep. 28, 2019	Dec. 29, 2018	Sep. 29, 2018
Inventory Disclosure [Abstract]
Packaging and ingredients	$ 634	$ 510
Work in process	367	343
Finished product	2,157	1,814
Inventories	$ 3,158	$ 2,667	$ 3,214

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets Changes in the Carrying Amount of Goodwill by Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Goodwill [Roll Forward]
Beginning balance			$ 36,503
Impairment losses	$ 0	$ 0	(744)	$ (133)
Acquisitions			130
Translation adjustments and other			(63)
Ending balance	35,826	$ 44,339	35,826	$ 44,339
United States
Goodwill [Roll Forward]
Beginning balance			29,597
Impairment losses			(118)
Acquisitions			124
Translation adjustments and other			(2)
Ending balance	29,601		29,601
Canada
Goodwill [Roll Forward]
Beginning balance			2,438
Impairment losses			0
Acquisitions			0
Translation adjustments and other			73
Ending balance	2,511		2,511
EMEA
Goodwill [Roll Forward]
Beginning balance			3,074
Impairment losses			(292)
Acquisitions			6
Translation adjustments and other			(109)
Ending balance	2,679		2,679
Rest of World
Goodwill [Roll Forward]
Beginning balance			1,394
Impairment losses			(334)
Acquisitions			0
Translation adjustments and other			(25)
Ending balance	$ 1,035		$ 1,035

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets Goodwill - Additional Information (Details) $ in Millions	3 Months Ended				9 Months Ended
	Sep. 28, 2019USD ($)	Mar. 30, 2019USD ($)goodwill_reporting_unit	Sep. 29, 2018USD ($)	Jun. 30, 2018USD ($)	Sep. 28, 2019USD ($)goodwill_reporting_unit	Sep. 29, 2018USD ($)	Mar. 31, 2019USD ($)	Dec. 29, 2018USD ($)
Goodwill [Line Items]
Number of reporting units | goodwill_reporting_unit		19			19
Goodwill	$ 35,826		$ 44,339		$ 35,826	$ 44,339		$ 36,503
Impairment losses	0		$ 0		744	$ 133
Goodwill, impaired, accumulated impairment loss	(7,800)				(7,800)
EMEA
Goodwill [Line Items]
Goodwill	2,679				2,679			3,074
Impairment losses					292
Rest of World
Goodwill [Line Items]
Goodwill	1,035				1,035			1,394
Impairment losses					334
United States
Goodwill [Line Items]
Goodwill	29,601				29,601			$ 29,597
Impairment losses					$ 118
Reporting Unit, Goodwill Balance Held
Goodwill [Line Items]
Number of reporting units | goodwill_reporting_unit					12
Reporting Unit, Fair Value Below Carrying Amount
Goodwill [Line Items]
Number of reporting units | goodwill_reporting_unit		3
Impairment losses		$ 620
EMEA East | EMEA
Goodwill [Line Items]
Goodwill							$ 144
Impairment losses		286
BRAZIL | Rest of World
Goodwill [Line Items]
Impairment losses		205
Latin America Exports | Rest of World
Goodwill [Line Items]
Goodwill							297
Impairment losses		$ 129
U.S. Refrigerated | United States
Goodwill [Line Items]
Goodwill							$ 7,000
Decrease in market capitalization		25.00%
Impairment losses	$ 118
Australia and New Zealand
Goodwill [Line Items]
Impairment losses				$ 133
10% or Less
Goodwill [Line Items]
Number of reporting units | goodwill_reporting_unit		6
10% or Less | U.S. Grocery
Goodwill [Line Items]
Goodwill		$ 18,600
10% or Less | U.S. Foodservice
Goodwill [Line Items]
Goodwill		3,900
10% or Less | Canada Retail
Goodwill [Line Items]
Goodwill		2,100
10% or Less | Australia and New Zealand
Goodwill [Line Items]
Goodwill		370
10% or Less | Canada Food Service
Goodwill [Line Items]
Goodwill		368
10% or Less | Northeast Asia
Goodwill [Line Items]
Goodwill		$ 83
10 to 20% | Continental Europe
Goodwill [Line Items]
Number of reporting units | goodwill_reporting_unit		1
Goodwill		$ 593
20 to 50%
Goodwill [Line Items]
Goodwill		$ 2,400
In Excess of 50%
Goodwill [Line Items]
Number of reporting units | goodwill_reporting_unit		0

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets Changes in the Carrying Amount of Indefinite-Lived Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Jun. 29, 2019	Sep. 29, 2018	Jun. 30, 2018	Sep. 28, 2019
Indefinite-lived Intangible Assets [Roll Forward]
Beginning balance				$ 43,966
Impairment losses	$ (474)	$ (215)	$ (101)	474
Reclassified to assets held for sale				(9)
Translation adjustments				(89)
Ending balance				$ 43,394

Goodwill and Intangible Asset_6

Goodwill and Intangible Assets Indefinite-Lived Intangible Assets - Additional Information (Details) $ in Millions	3 Months Ended				9 Months Ended
	Jun. 29, 2019USD ($)Brand	Mar. 30, 2019USD ($)	Sep. 29, 2018USD ($)	Jun. 30, 2018USD ($)	Sep. 28, 2019USD ($)	Mar. 31, 2019USD ($)Brand	Dec. 29, 2018USD ($)
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets					$ 43,394		$ 43,966
Impairment losses	$ 474		$ 215	$ 101	$ (474)
Impaired Brand
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets		$ 13,500				$ 13,000
Number of brands with impairment recognized | Brand	6
Decrease in market capitalization		25.00%
10% or Less | Impaired Brand
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets						$ 13,400
Number of brands with impairment recognized | Brand						3
10 to 20% | Impaired Brand
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets						$ 3,600
Number of brands with impairment recognized | Brand						3
20 to 50% | Impaired Brand
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets						$ 4,200
In Excess of 50% | Impaired Brand
Indefinite-lived Intangible Assets [Line Items]
Indefinite-lived intangible assets						$ 9,300

Goodwill and Intangible Asset_7

Goodwill and Intangible Assets Definite-Lived Intangible Assets (Details) - USD ($) $ in Millions	Sep. 28, 2019	Dec. 29, 2018
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross	$ 6,564	$ 6,589
Accumulated amortization	(1,244)	(1,087)
Net	5,320	5,502
Trademarks
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross	2,456	2,474
Accumulated amortization	(443)	(402)
Net	2,013	2,072
Customer-related assets
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross	4,094	4,097
Accumulated amortization	(799)	(681)
Net	3,295	3,416
Other
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Gross	14	18
Accumulated amortization	(2)	(4)
Net	$ 12	$ 14

Goodwill and Intangible Asset_8

Goodwill and Intangible Assets Definite-Lived Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Amortization of intangible assets	$ 66	$ 75	$ 214	$ 214
Definite-lived intangible assets, preliminary purchase accounting adjustments			66
Definite-lived intangible assets, impairment			(5)
Amortization of definite-lived intangible assets, next twelve months	273		273
Amortization of definite-lived intangible assets, year two	273		273
Amortization of definite-lived intangible assets, year three	277		277
Amortization of definite-lived intangible assets, year four	277		277
Amortization of definite-lived intangible assets, year five	$ 277		$ 277

Income Taxes Additional Informa

Income Taxes Additional Information (Details)	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Income Tax Disclosure [Abstract]
Effective tax rate	22.60%	24.60%	25.00%	24.70%

Employees' Stock Incentive Pl_3

Employees' Stock Incentive Plans Additional Information (Details) $ in Millions	9 Months Ended
	Sep. 28, 2019USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, exercises in period, intrinsic value	$ 8
RSUs
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value	$ 2

Employees' Stock Incentive Pl_4

Employees' Stock Incentive Plans Schedule of Stock Option Activity and Related Information (Details)	9 Months Ended
	Sep. 28, 2019$ / sharesshares
Share-based Payment Arrangement [Abstract]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross | shares	1,880,648
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares	$ 25.41
Roll-forward of Stock Option Activity (in shares)
Beginning balance (in shares) | shares	18,259,965
Forfeited (in shares) | shares	(1,279,549)
Exercised (in shares) | shares	(469,687)
Ending balance (in shares) | shares	18,391,377
Stock Option Activity, Weighted Average Exercise Price [Abstract]
Options outstanding at period start, weighted average exercise price (in dollars per share) | $ / shares	$ 44.64
Options forfeited, weighted average exercise price (in dollars per share) | $ / shares	66.59
Options exercised, weighted average exercise price (in dollars per share) | $ / shares	23.19
Options outstanding at period end, weighted average exercise price (in dollars per share) | $ / shares	$ 41.70

Employees' Stock Incentive Pl_5

Employees' Stock Incentive Plans Schedule of RSU Activity and Related Information (Details) - RSUs	9 Months Ended
	Sep. 28, 2019$ / sharesshares
Roll-forward of RSU Activity (in shares)
Beginning balance (in shares) | shares	2,338,958
Granted (in shares) | shares	7,867,566
Forfeited (in shares) | shares	(695,969)
Vested (in shares) | shares	(58,152)
Ending balance (in shares) | shares	9,452,403
Weighted Average Grant Date Fair Value [Abstract]
Outstanding at period start, weighted average grant date fair value (in dollars per share) | $ / shares	$ 68.49
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	25.64
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares	54.66
Vested, weighted average grant date fair value (in dollars per share) | $ / shares	84.95
Outstanding at period end, weighted average grant date fair value (in dollars per share) | $ / shares	$ 33.74

Employees' Stock Incentive Pl_6

Employees' Stock Incentive Plans Schedule of PSU Activity and Related Information (Details) - PSUs	9 Months Ended
	Sep. 28, 2019$ / sharesshares
Roll-forward of PSU Activity (in shares)
Beginning balance (in shares) | shares	3,252,056
Forfeited (in shares) | shares	(955,880)
Ending balance (in shares) | shares	2,296,176
Weighted Average Grant Date Fair Value [Abstract]
Outstanding at period start, weighted average grant date fair value (in dollars per share) | $ / shares	$ 59.24
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares	58.10
Outstanding at period end, weighted average grant date fair value (in dollars per share) | $ / shares	$ 59.72

Postemployment Benefits Additio

Postemployment Benefits Additional Information (Details) - USD ($)	3 Months Ended	9 Months Ended
	Mar. 31, 2018	Sep. 28, 2019
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan, net periodic benefit cost/(credit) reversal	$ 42,000,000
Defined benefit plan, amortization of prior service cost/(credit) reversal	$ 28,000,000
Pension Plans | U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Employer contributions		$ 0
Estimated future employer contributions		0
Pension Plans | Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Employer contributions		15,000,000
Estimated future employer contributions		4,000,000
Postretirement Plans
Defined Benefit Plan Disclosure [Line Items]
Employer contributions		8,000,000
Estimated future employer contributions		$ 4,000,000

Postemployment Benefits Pension

Postemployment Benefits Pension Plans - Net Cost/(Benefit) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service costs/(credits)			$ (229)	$ (261)
Pension Plans | U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 2	$ 2	6	7
Interest cost	41	41	122	118
Expected return on plan assets	(58)	(60)	(172)	(187)
Amortization of prior service costs/(credits)	0	0	0	0
Amortization of unrecognized losses/(gains)	0	0	0	0
Settlements	0	(1)	0	(3)
Curtailments			0	0
Special/contractual termination benefits	0	0	0	0
Other	0	0	0	0
Net cost/(benefit)	(15)	(18)	(44)	(65)
Pension Plans | Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	4	4	12	14
Interest cost	12	16	38	52
Expected return on plan assets	(34)	(42)	(107)	(134)
Amortization of prior service costs/(credits)	1	0	1	0
Amortization of unrecognized losses/(gains)	0	1	0	2
Settlements	0	0	0	58
Curtailments			0	(1)
Special/contractual termination benefits	1	0	1	6
Other	2	0	3	0
Net cost/(benefit)	$ (14)	$ (21)	$ (52)	$ (3)

Postemployment Benefits Postret

Postemployment Benefits Postretirement Benefit Plans - Net Cost/(Benefit) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Defined Benefit Plan Disclosure [Line Items]
Amortization of prior service costs/(credits)			$ (229)	$ (261)
Postretirement Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 1	$ 2	4	6
Interest cost	12	11	35	33
Expected return on plan assets	(13)	(12)	(40)	(37)
Amortization of prior service costs/(credits)	(77)	(77)	(230)	(233)
Amortization of unrecognized losses/(gains)	(2)	0	(6)	0
Curtailments	(4)	0	(4)	0
Net cost/(benefit)	$ (83)	$ (76)	$ (241)	$ (231)

Financial Instruments Schedule

Financial Instruments Schedule of Notional Values of Outstanding Derivatives (Details) - USD ($) $ in Millions	Sep. 28, 2019	Dec. 29, 2018
Commodity contracts
Derivative [Line Items]
Derivative, notional amount	$ 587	$ 478
Foreign exchange contracts
Derivative [Line Items]
Derivative, notional amount	2,602	3,263
Cross-currency contracts
Derivative [Line Items]
Derivative, notional amount	$ 10,146	$ 10,146

Financial Instruments Schedul_2

Financial Instruments Schedule of Derivative Fair Values (Details) - USD ($) $ in Millions	Sep. 28, 2019	Dec. 29, 2018
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	$ 986	$ 757
Derivative liability, fair value, gross liability	291	219
Foreign exchange contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	23	51
Derivative liability, fair value, gross liability	12	26
Foreign exchange contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	4	5
Derivative liability, fair value, gross liability	25	42
Cross-currency contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	348	139
Derivative liability, fair value, gross liability	98	3
Cross-currency contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	593	557
Derivative liability, fair value, gross liability	144	119
Commodity contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	18	5
Derivative liability, fair value, gross liability	12	29
Level 1
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	17	5
Derivative liability, fair value, gross liability	11	27
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 1 | Commodity contracts | Other current assets
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	17
Level 1 | Commodity contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	17	5
Derivative liability, fair value, gross liability	11	27
Level 2
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	969	752
Derivative liability, fair value, gross liability	280	192
Level 2 | Foreign exchange contracts | Other current assets
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	23
Level 2 | Foreign exchange contracts | Other non-current assets
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	4
Level 2 | Foreign exchange contracts | Other current liabilities
Derivatives Fair Value [Line Items]
Derivative liability, fair value, gross liability	35
Level 2 | Foreign exchange contracts | Other non-current liabilities
Derivatives Fair Value [Line Items]
Derivative liability, fair value, gross liability	2
Level 2 | Foreign exchange contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	23	51
Derivative liability, fair value, gross liability	12	26
Level 2 | Foreign exchange contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	4	5
Derivative liability, fair value, gross liability	25	42
Level 2 | Cross-currency contracts | Other current assets
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	593	557
Level 2 | Cross-currency contracts | Other non-current assets
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	348	139
Level 2 | Cross-currency contracts | Other current liabilities
Derivatives Fair Value [Line Items]
Derivative liability, fair value, gross liability	144	119
Level 2 | Cross-currency contracts | Other non-current liabilities
Derivatives Fair Value [Line Items]
Derivative liability, fair value, gross liability	98	3
Level 2 | Cross-currency contracts | Designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	348	139
Derivative liability, fair value, gross liability	98	3
Level 2 | Cross-currency contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	593	557
Derivative liability, fair value, gross liability	144	119
Level 2 | Commodity contracts | Other non-current assets
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	1
Level 2 | Commodity contracts | Not designated as hedging instrument
Derivatives Fair Value [Line Items]
Derivative asset, fair value, gross asset	1	0
Derivative liability, fair value, gross liability	$ 1	$ 2

Financial Instruments Additiona

Financial Instruments Additional Information (Details) € in Millions, ¥ in Millions, £ in Millions, $ in Millions, $ in Billions	3 Months Ended		9 Months Ended
	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)	Sep. 28, 2019USD ($)	Sep. 29, 2018USD ($)	Sep. 28, 2019CAD ($)	Sep. 28, 2019GBP (£)	Sep. 28, 2019JPY (¥)	Sep. 28, 2019EUR (€)	Dec. 29, 2018USD ($)
Derivative [Line Items]
Derivative, collateral, obligation to return cash	$ 221		$ 221						$ 124
Derivative, collateral, right to reclaim cash	221		$ 221						$ 124
Cross-currency contracts
Derivative [Line Items]
Maximum length of time hedged in cash flow hedge			5 years
Foreign exchange contracts
Derivative [Line Items]
Maximum length of time hedged in cash flow hedge			2 years
Designated as hedging instrument | Debt | Net Investment Hedging
Derivative [Line Items]
Non-derivative instruments, loss (gain) recognized in other comprehensive income (loss), net	(128)	$ (26)	$ (147)	$ (118)
Designated as hedging instrument | Debt | Euro Member Countries, Euro | Net Investment Hedging
Derivative [Line Items]
Derivative, amount of hedged item | €								€ 2,550
Designated as hedging instrument | Debt | United Kingdom, Pounds | Net Investment Hedging
Derivative [Line Items]
Derivative, amount of hedged item | £						£ 400
Designated as hedging instrument | Cross-currency contracts | United Kingdom, Pounds | Net Investment Hedging
Derivative [Line Items]
Derivative asset, notional amount	1,400		1,400			£ 1,000
Designated as hedging instrument | Cross-currency contracts | Canada, Dollars | Net Investment Hedging
Derivative [Line Items]
Derivative asset, notional amount	1,600		1,600		$ 2.1
Designated as hedging instrument | Cross-currency contracts | Japan, Yen | Net Investment Hedging
Derivative [Line Items]
Derivative asset, notional amount	85		85				¥ 9,600
Designated as hedging instrument | Foreign exchange contracts | China, Yuan Renminbi | Net Investment Hedging
Derivative [Line Items]
Derivative asset, notional amount	$ 161		$ 161
Designated as hedging instrument | Other contract | Euro Member Countries, Euro | Net Investment Hedging
Derivative [Line Items]
Derivative asset, notional amount | ¥							¥ 120

Financial Instruments Derivativ

Financial Instruments Derivative Impact on Statements of Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Derivative [Line Items]
Other comprehensive income (loss), derivatives, gain (loss), before reclassification and tax	$ 138	$ (20)	$ 109	$ 141
Cash Flow Hedging | Net sales | Foreign exchange contracts
Derivative [Line Items]
Gains/(losses) recognized in other comprehensive income (loss) on cash flow hedges, before tax	0	0	(1)	0
Cash Flow Hedging | Cost of products sold | Foreign exchange contracts
Derivative [Line Items]
Gains/(losses) recognized in other comprehensive income (loss) on cash flow hedges, before tax	8	(5)	(19)	27
Amounts excluded from the effectiveness assessment of cash flow hedges, before tax	1	(2)	1	(2)
Cash Flow Hedging | Other expense/(income) | Foreign exchange contracts
Derivative [Line Items]
Gains/(losses) recognized in other comprehensive income (loss) on cash flow hedges, before tax	0	(12)	(22)	19
Amounts excluded from the effectiveness assessment of cash flow hedges, before tax	0	2	0	2
Cash Flow Hedging | Other expense/(income) | Cross-currency contracts
Derivative [Line Items]
Gains/(losses) recognized in other comprehensive income (loss) on cash flow hedges, before tax	43	0	62	0
Amounts excluded from the effectiveness assessment of cash flow hedges, before tax	7	0	21	0
Net Investment Hedging | Other expense/(income) | Foreign exchange contracts
Derivative [Line Items]
Gains/(losses) recognized in other comprehensive income (loss) on net investment hedges, before tax	5	8	18	10
Net Investment Hedging | Other expense/(income) | Cross-currency contracts
Derivative [Line Items]
Gains/(losses) recognized in other comprehensive income (loss) on net investment hedges, before tax	66	(18)	28	78
Net Investment Hedging | Interest expense | Foreign exchange contracts
Derivative [Line Items]
Amounts excluded from the effectiveness assessment of net investment hedges, before tax	0	1	(1)	1
Net Investment Hedging | Interest expense | Cross-currency contracts
Derivative [Line Items]
Amounts excluded from the effectiveness assessment of net investment hedges, before tax	$ 8	$ 6	$ 22	$ 6

Financial Instruments Derivat_2

Financial Instruments Derivative Impact on Statements of Income (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Total amounts presented in the consolidated statements of income in which the following effects were recorded
Cost of products sold	$ 4,129	$ 4,289	$ 12,401	$ 12,672
Interest expense	398	326	1,035	959
Other expense/(income)	(380)	(71)	(893)	(181)
Cost of products sold
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	(7)	(17)	34	(41)
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	(7)	(17)	34	(41)
Interest expense
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	7	5	18	3
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	7	5	18	3
Other expense/(income)
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	38	(20)	31	(34)
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	38	(20)	31	(34)
Not designated as hedging instrument | Cost of products sold | Foreign exchange contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Not designated as hedging instrument | Cost of products sold | Cross-currency contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Not designated as hedging instrument | Cost of products sold | Commodity contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	(13)	(17)	13	(32)
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	(13)	(17)	13	(32)
Not designated as hedging instrument | Interest expense | Foreign exchange contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Not designated as hedging instrument | Interest expense | Cross-currency contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Not designated as hedging instrument | Interest expense | Commodity contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Not designated as hedging instrument | Other expense/(income) | Foreign exchange contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	(10)	(12)	(16)	(56)
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	(10)	(12)	(16)	(56)
Not designated as hedging instrument | Other expense/(income) | Cross-currency contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	3	2	10	1
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	3	2	10	1
Not designated as hedging instrument | Other expense/(income) | Commodity contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Cash Flow Hedging | Designated as hedging instrument | Cost of products sold | Foreign exchange contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	5	1	22	(8)
Net gain/(loss) on derivatives, excluded component, reclassified to net income	1	(1)	(1)	(1)
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	5	1	22	(8)
Cash Flow Hedging | Designated as hedging instrument | Cost of products sold | Interest rate contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Cash Flow Hedging | Designated as hedging instrument | Cost of products sold | Cross-currency contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Net gain/(loss) on derivatives, excluded component, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Cash Flow Hedging | Designated as hedging instrument | Interest expense | Foreign exchange contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Net gain/(loss) on derivatives, excluded component, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Cash Flow Hedging | Designated as hedging instrument | Interest expense | Interest rate contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	(1)	(1)	(3)	(3)
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	(1)	(1)	(3)	(3)
Cash Flow Hedging | Designated as hedging instrument | Interest expense | Cross-currency contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Net gain/(loss) on derivatives, excluded component, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Cash Flow Hedging | Designated as hedging instrument | Other expense/(income) | Foreign exchange contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	(12)	(22)	19
Net gain/(loss) on derivatives, excluded component, reclassified to net income	0	2	0	2
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	(12)	(22)	19
Cash Flow Hedging | Designated as hedging instrument | Other expense/(income) | Interest rate contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	0	0	0	0
Cash Flow Hedging | Designated as hedging instrument | Other expense/(income) | Cross-currency contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	38	0	44	0
Net gain/(loss) on derivatives, excluded component, reclassified to net income	7	0	21	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income	38	0	44	0
Net Investment Hedging | Designated as hedging instrument | Cost of products sold | Foreign exchange contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income			0	0
Net gain/(loss) on derivatives, excluded component, reclassified to net income			0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income			0	0
Net Investment Hedging | Designated as hedging instrument | Cost of products sold | Cross-currency contracts
Derivatives designated as hedging instruments:
Net gain/(loss) on derivatives, excluded component, reclassified to net income	0	0	0	0
Net Investment Hedging | Designated as hedging instrument | Interest expense | Foreign exchange contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income			0	0
Net gain/(loss) on derivatives, excluded component, reclassified to net income			(1)	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income			0	0
Net Investment Hedging | Designated as hedging instrument | Interest expense | Cross-currency contracts
Derivatives designated as hedging instruments:
Net gain/(loss) on derivatives, excluded component, reclassified to net income	8	6	22	6
Net Investment Hedging | Designated as hedging instrument | Other expense/(income) | Foreign exchange contracts
Derivatives designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income			(6)	0
Net gain/(loss) on derivatives, excluded component, reclassified to net income			0	0
Derivatives not designated as hedging instruments:
Net gains/(losses) on derivatives, reclassified to net income			(6)	0
Net Investment Hedging | Designated as hedging instrument | Other expense/(income) | Cross-currency contracts
Derivatives designated as hedging instruments:
Net gain/(loss) on derivatives, excluded component, reclassified to net income	$ 0	$ 0	$ 0	$ 0

Components of and Changes in Ac

Components of and Changes in Accumulated Other Comprehensive Income/(Losses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			$ 51,657
Cumulative effect of accounting standards adopted in the period			136
Total other comprehensive income/(loss)			(183)
Ending balance	$ 51,673	$ 65,219	51,673	$ 65,219
Foreign Currency Translation Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(2,476)
Other comprehensive income/(loss) before reclassifications	(410)	(142)	(272)	(796)
Total other comprehensive income/(loss)			(119)
Ending balance	(2,595)		(2,595)
Net investment hedge adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Other comprehensive income/(loss) before reclassifications	151	13	147	158
Amounts excluded from effectiveness assessment	6	3	16	3
Reclassifications from AOCI	(6)	(2)	(10)	(2)
Net Postemployment Benefit Plan Adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			492
Other comprehensive income/(loss) before reclassifications			(14)
Reclassifications from AOCI	(59)	(58)	(176)	(133)
Cumulative effect of accounting standards adopted in the period			114
Total other comprehensive income/(loss)			(76)
Ending balance	416		416
Net cash flow hedge adjustments
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			41
Other comprehensive income/(loss) before reclassifications	50	(16)	24	40
Amounts excluded from effectiveness assessment	8	0	21	0
Reclassifications from AOCI	(50)	$ 12	(55)	$ (10)
Cumulative effect of accounting standards adopted in the period			22
Total other comprehensive income/(loss)			12
Ending balance	53		53
AOCI Attributable to Parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning balance			(1,943)
Ending balance	$ (2,126)		$ (2,126)

Gross Amount and Related Tax Be

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		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Foreign Currency Translation Adjustments
OCI Before Reclassifications
Before Tax Amount	$ (410)	$ (142)	$ (272)	$ (796)
Tax	0	0	0	0
Net of Tax Amount	(410)	(142)	(272)	(796)
Net investment hedge adjustments
OCI Before Reclassifications
Before Tax Amount	199	16	193	206
Tax	(48)	(3)	(46)	(48)
Net of Tax Amount	151	13	147	158
Amounts Excluded from Effectiveness Assessment
Before Tax Amount	8	7	21	7
Tax	(2)	(4)	(5)	(4)
Net of Tax Amount	6	3	16	3
Reclassifications
Before Tax Amount	(8)	(6)	(15)	(6)
Tax	2	4	5	4
Net of Tax Amount	(6)	(2)	(10)	(2)
Net cash flow hedge adjustments
OCI Before Reclassifications
Before Tax Amount	51	(17)	20	46
Tax	(1)	1	4	(6)
Net of Tax Amount	50	(16)	24	40
Amounts Excluded from Effectiveness Assessment
Before Tax Amount	8	0	22	0
Tax	0	0	(1)	0
Net of Tax Amount	8	0	21	0
Reclassifications
Before Tax Amount	(50)	11	(61)	(9)
Tax	0	1	6	(1)
Net of Tax Amount	(50)	12	(55)	(10)
Amortization of unrecognized losses/(gains)
OCI Before Reclassifications
Before Tax Amount	(13)	22	(14)	93
Tax	4	(5)	0	(23)
Net of Tax Amount	(9)	17	(14)	70
Net Postemployment Benefit Plan Adjustments
OCI Before Reclassifications
Net of Tax Amount			(14)
Reclassifications
Before Tax Amount	(79)	(77)	(235)	(177)
Tax	20	19	59	44
Net of Tax Amount	$ (59)	$ (58)	$ (176)	$ (133)

Amounts Reclassified from Accum

Amounts Reclassified from Accumulated Other Comprehensive Income/(Losses) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Other expense/(income)	$ (380)	$ (71)	$ (893)	$ (181)
Interest expense	398	326	1,035	959
Cost of products sold	4,129	4,289	12,401	12,672
Income/(loss) before income taxes	1,162	819	2,334	3,153
Provision for/(benefit from) income taxes	264	201	584	779
Net income/(loss)	898	618	1,750	2,374
Reclassification out of Accumulated Other Comprehensive Income | Net investment hedge adjustments | Foreign exchange contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Other expense/(income)	0	0	(6)	0
Interest expense	0	0	1	0
Reclassification out of Accumulated Other Comprehensive Income | Net investment hedge adjustments | Cross-currency contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Interest expense	(8)	(6)	(22)	(6)
Reclassification out of Accumulated Other Comprehensive Income | Net cash flow hedge adjustments | Foreign exchange contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Other expense/(income)	0	10	22	(21)
Cost of products sold	(6)	0	(21)	9
Reclassification out of Accumulated Other Comprehensive Income | Net cash flow hedge adjustments | Cross-currency contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Other expense/(income)	(45)	0	(65)	0
Reclassification out of Accumulated Other Comprehensive Income | Net cash flow hedge adjustments | Interest rate contracts
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Interest expense	1	1	3	3
Reclassification out of Accumulated Other Comprehensive Income | Hedge adjustments
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Income/(loss) before income taxes	(58)	5	(76)	(15)
Provision for/(benefit from) income taxes	2	5	11	3
Net income/(loss)	(56)	10	(65)	(12)
Reclassification out of Accumulated Other Comprehensive Income | Net Postemployment Benefit Plan Adjustments
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Income/(loss) before income taxes	(79)	(77)	(235)	(177)
Provision for/(benefit from) income taxes	20	19	59	44
Net income/(loss)	(59)	(58)	(176)	(133)
Reclassification out of Accumulated Other Comprehensive Income | Amortization of unrecognized losses/(gains)
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Other expense/(income)	(2)	1	(6)	2
Reclassification out of Accumulated Other Comprehensive Income | Amortization of prior service costs/(credits)
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Other expense/(income)	(76)	(77)	(229)	(233)
Reclassification out of Accumulated Other Comprehensive Income | Settlement and curtailment losses/(gains)
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Other expense/(income)	(1)	(1)	(1)	54
Reclassification out of Accumulated Other Comprehensive Income | Other losses/(gains) on postemployment benefits
Reclassification Adjustment out of Accumulated Other Comprehensive Income/(Losses) [Line Items]
Other expense/(income)	$ 0	$ 0	$ 1	$ 0

Venezuela - Foreign Currency _2

Venezuela - Foreign Currency and Inflation Additional Information (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019USD ($)VES / $	Sep. 29, 2018USD ($)VES / $	Sep. 28, 2019USD ($)VES / $	Sep. 29, 2018USD ($)VES / $	Dec. 29, 2018VES / $
Foreign Currency [Line Items]
Nonmonetary currency devaluation losses | $	$ 4	$ 64	$ 10	$ 131
Venezuelan BsS on Banco Central de Venezuela market, period end spot
Foreign Currency [Line Items]
Foreign currency exchange rate, translation, soberano	21,028.08		21,028.08		638.18
Venezuelan BsS on Banco Central de Venezuela market, quarter-to-date average
Foreign Currency [Line Items]
Foreign currency exchange rate, weighted average, translation, soberano	14,919.84	6.10	7,460.73	2.46

Financing Arrangements Addition

Financing Arrangements Additional Information (Details) - USD ($)	Sep. 28, 2019	Dec. 29, 2018
Transfers and Servicing [Abstract]
Receivables derecognized under accounts receivable factoring programs	$ 0	$ 0
Other liabilities, structured payables, current	$ 146,000,000	$ 267,000,000

Class Actions and Stockholder D

Class Actions and Stockholder Derivative Actions (Details)	Mar. 19, 2019lawsuit	May 23, 2019lawsuit	May 13, 2019lawsuit	Apr. 25, 2019officerlawsuit	Mar. 15, 2019officer	Feb. 26, 2019officer	Feb. 24, 2019officer
Securities Class Actions
Loss Contingencies [Line Items]
Number of class action lawsuits | lawsuit				3
Hedick Action
Loss Contingencies [Line Items]
Number of officers included in lawsuit | officer							3
Iron Workers Action
Loss Contingencies [Line Items]
Number of officers included in lawsuit | officer					6
Timber Hill Action
Loss Contingencies [Line Items]
Number of officers included in lawsuit | officer				7
Walling Action
Loss Contingencies [Line Items]
Number of officers included in lawsuit | officer						6
Osborne v. Employee Benefits Administration Board of Kraft Heinz
Loss Contingencies [Line Items]
Number of class action lawsuits | lawsuit	1
Stockholder Derivative Actions, One
Loss Contingencies [Line Items]
Number of class action lawsuits | lawsuit		3
Stockholder Derivative Actions, Two
Loss Contingencies [Line Items]
Number of class action lawsuits | lawsuit			2

Commitments, Contingencies an_3

Commitments, Contingencies and Debt Redeemable Noncontrolling Interest (Details) $ in Millions	Sep. 28, 2019USD ($)
Commitments and Contingencies Disclosure [Abstract]
Redemption value of redeemable noncontrolling interest	$ 38

Commitments, Contingencies an_4

Commitments, Contingencies and Debt Debt Additional Information (Details) - USD ($)	3 Months Ended		9 Months Ended
	Dec. 28, 2019	Sep. 28, 2019	Sep. 28, 2019	Sep. 29, 2018	Oct. 11, 2019	Oct. 03, 2019	Sep. 25, 2019	Sep. 11, 2019	Dec. 29, 2018
Debt Instrument [Line Items]
Commercial paper		$ 0	$ 0						$ 0
Maximum combined aggregate purchase price, Tender Offer								$ 2,500,000,000
Loss on extinguishment of debt			(88,000,000)
Debt prepayment and extinguishment costs			91,000,000	$ 0
Unamortized premiums		10,000,000	10,000,000
Unamortized debt issuance costs		5,000,000	5,000,000
Unamortized discounts		2,000,000	2,000,000
Cash outflows to unwind U.S. securitization program				500,000,000
Debt issuance costs		23,000,000	23,000,000	15,000,000
Repayments of long-term debt			3,272,000,000	$ 2,706,000,000
Fair value of total debt		31,800,000,000	31,800,000,000						30,100,000,000
Carrying value of total debt		$ 30,700,000,000	30,700,000,000						$ 31,200,000,000
Commercial Paper
Debt Instrument [Line Items]
Maximum amount of commercial paper outstanding during the period			$ 200,000,000
Five point three seven five percent senior notes due 2020
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		5.375%	5.375%
Three point five zero zero percent senior notes due June 2022
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		3.50%	3.50%
Long-term debt, principal amount		$ 1,119,000,000	$ 1,119,000,000				$ 2,000,000,000
Early repayment of senior debt		$ 881,000,000
Three point five zero zero percent senior notes due July 2022
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		3.50%	3.50%
Long-term debt, principal amount		$ 446,000,000	$ 446,000,000				1,000,000,000
Early repayment of senior debt		$ 554,000,000
Four point zero zero zero percent senior notes due 2023
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		4.00%	4.00%	4.00%
Long-term debt, principal amount		$ 838,000,000	$ 838,000,000	$ 1,600,000,000			1,600,000,000
Early repayment of senior debt		$ 762,000,000
Four point eight seven five percent second lien senior secured notes due 2025
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		4.875%	4.875%
Long-term debt, principal amount		$ 976,000,000	$ 976,000,000				$ 1,200,000,000
Early repayment of senior debt		$ 224,000,000
Two point seven zero zero percent Canadian dollar senior notes due 2020
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		2.70%	2.70%
Long-term debt, principal amount		$ 300,000,000	$ 300,000,000
Two point seven zero zero percent Canadian dollar senior notes due 2020 | Subsequent event
Debt Instrument [Line Items]
Long-term debt, principal amount						$ 0
Early repayment of senior debt	$ 300,000,000
Two point eight zero zero percent senior notes due 2020
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		2.80%	2.80%
Long-term debt, principal amount		$ 1,500,000,000	$ 1,500,000,000
Two point eight zero zero percent senior notes due 2020 | Subsequent event
Debt Instrument [Line Items]
Long-term debt, principal amount					$ 200,000,000
Early repayment of senior debt	1,300,000,000
Two point eight zero zero percent senior notes due 2020 | First debt redemption | Subsequent event
Debt Instrument [Line Items]
Early repayment of senior debt	800,000,000
Two point eight zero zero percent senior notes due 2020 | Second debt redemption | Subsequent event
Debt Instrument [Line Items]
Early repayment of senior debt	$ 500,000,000
Three point three seven five percent senior notes dues 2021
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt				3.375%
Long-term debt, principal amount				$ 300,000,000
Three point seven five zero percent senior notes due 2030
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		3.75%	3.75%
Long-term debt, principal amount		$ 1,000,000,000	$ 1,000,000,000
Four point six two five percent senior notes due 2039
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		4.625%	4.625%
Long-term debt, principal amount		$ 500,000,000	$ 500,000,000
Four point eight seven five percent senior notes due 2049
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt		4.875%	4.875%
Long-term debt, principal amount		$ 1,500,000,000	$ 1,500,000,000
Four point six two five percent senior notes due 2029
Debt Instrument [Line Items]
Stated interest rate percentage on issued long-term debt				4.625%
Long-term debt, principal amount				$ 1,100,000,000
2019 Notes
Debt Instrument [Line Items]
Long-term debt, principal amount		3,000,000,000	3,000,000,000
Debt issuance costs		25,000,000	$ 25,000,000
Senior notes due in 2019
Debt Instrument [Line Items]
Repayments of long-term debt		$ 350,000,000
Senior notes due in 2018
Debt Instrument [Line Items]
Repayments of long-term debt				$ 2,700,000,000

Commitments, Contingencies an_5

Commitments, Contingencies and Debt Schedule of Debt Tender Offers (Details) - USD ($) $ in Millions	3 Months Ended
	Sep. 28, 2019	Sep. 25, 2019	Sep. 09, 2019	Sep. 29, 2018
Three point five zero zero percent senior notes due June 2022
Debt Instrument [Line Items]
Long-term debt, principal amount	$ 1,119	$ 2,000
Early repayment of senior debt	881
Three point five zero zero percent senior notes due July 2022
Debt Instrument [Line Items]
Long-term debt, principal amount	446	1,000
Early repayment of senior debt	554
Four point zero zero zero percent senior notes due 2023
Debt Instrument [Line Items]
Long-term debt, principal amount	838	1,600		$ 1,600
Early repayment of senior debt	762
Four point eight seven five percent second lien senior secured notes due 2025
Debt Instrument [Line Items]
Long-term debt, principal amount	976	$ 1,200
Early repayment of senior debt	224
Five point three seven five percent senior notes due 2020
Debt Instrument [Line Items]
Long-term debt, principal amount	405		$ 900
Early repayment of senior debt	$ 495

Commitments, Contingencies an_6

Commitments, Contingencies and Debt Schedule of Debt Redemptions (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 28, 2019	Oct. 11, 2019	Oct. 03, 2019	Sep. 28, 2019
Two point seven zero zero percent Canadian dollar senior notes due 2020
Debt Instrument [Line Items]
Long-term debt, principal amount				$ 300
Two point seven zero zero percent Canadian dollar senior notes due 2020 | Subsequent event
Debt Instrument [Line Items]
Long-term debt, principal amount			$ 0
Early repayment of senior debt	$ 300
Two point eight zero zero percent senior notes due 2020
Debt Instrument [Line Items]
Long-term debt, principal amount				$ 1,500
Two point eight zero zero percent senior notes due 2020 | Subsequent event
Debt Instrument [Line Items]
Long-term debt, principal amount		$ 200
Early repayment of senior debt	$ 1,300

Commitments, Contingencies an_7

Commitments, Contingencies and Debt Schedule of Long-Term Debt Issuances (Details) $ in Millions	Sep. 28, 2019USD ($)
Three point seven five zero percent senior notes due 2030
Debt Instrument [Line Items]
Long-term debt, principal amount	$ 1,000
Four point six two five percent senior notes due 2039
Debt Instrument [Line Items]
Long-term debt, principal amount	500
Four point eight seven five percent senior notes due 2049
Debt Instrument [Line Items]
Long-term debt, principal amount	1,500
2019 Notes
Debt Instrument [Line Items]
Long-term debt, principal amount	$ 3,000

Leases Narrative (Details)

Leases Narrative (Details) - Maximum	9 Months Ended
	Sep. 28, 2019
Lessee, Lease, Description [Line Items]
Remaining contractual lease term	14 years
Option to extend term	10 years

Leases Components of Lease Cost

Leases Components of Lease Cost (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 28, 2019	Sep. 28, 2019
Lease, Cost [Abstract]
Operating lease costs	$ 49	$ 145
Amortization of right-of-use assets	6	19
Interest on lease liabilities	2	5
Short-term lease costs	3	9
Variable lease costs	325	976
Sublease income	(4)	(11)
Total lease costs	$ 381	$ 1,143

Leases Supplemental Balance She

Leases Supplemental Balance Sheet Information Related to Leases (Details) $ in Millions	Sep. 28, 2019USD ($)
Operating Leases
Right-of-use assets	$ 557
Lease liabilities (current)	153
Lease liabilities (non-current)	$ 467
Weighted average remaining lease term	6 years
Weighted average discount rate	4.10%
Finance Leases
Right-of-use assets	$ 183
Lease liabilities (current)	28
Lease liabilities (non-current)	$ 157
Weighted average remaining lease term	9 years
Weighted average discount rate	3.40%

Leases Cash Flows Arising from

Leases Cash Flows Arising from Lease Transactions (Details) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 28, 2019	Sep. 28, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash inflows/(outflows) from operating leases	$ (48)	$ (146)
Operating cash inflows/(outflows) from finance leases	(2)	(5)
Financing cash inflows/(outflows) from finance leases	(7)	(20)
Right-of-use assets obtained in exchange for lease liabilities:
Operating leases	4	31
Finance leases	$ 8	$ 8

Leases Future Minimum Lease Pay

Leases Future Minimum Lease Payments for Leases in Effect (Details) $ in Millions	Sep. 28, 2019USD ($)
Operating Leases
2019 (excluding the nine months ended September 28, 2019)	$ 49
2020	165
2021	128
2022	93
2023	66
Thereafter	206
Total future undiscounted lease payments	707
Less imputed interest	(87)
Total lease liability	620
Finance Leases
2019 (excluding the nine months ended September 28, 2019)	9
2020	32
2021	70
2022	21
2023	9
Thereafter	85
Total future undiscounted lease payments	226
Less imputed interest	(41)
Total lease liability	$ 185

Leases Schedule of Future Minim

Leases Schedule of Future Minimum Rental Payments for Operating Leases (Details) $ in Millions	Dec. 29, 2018USD ($)
Leases [Abstract]
2019	$ 185
2020	137
2021	105
2022	70
2023	49
Thereafter	148
Total	$ 694

Earnings Per Share Schedule of

Earnings Per Share Schedule of Earnings Per Common Share, Basic and Diluted (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Basic EPS
Net income/(loss) attributable to common shareholders	$ 899	$ 619	$ 1,753	$ 2,376
Weighted average shares of common stock outstanding (in shares)	1,221	1,219	1,220	1,219
Basic earnings/(loss) per common share (in dollars per share)	$ 0.74	$ 0.51	$ 1.44	$ 1.95
Diluted EPS
Net income/(loss) attributable to common shareholders	$ 899	$ 619	$ 1,753	$ 2,376
Weighted average shares of common stock outstanding (in shares)	1,221	1,219	1,220	1,219
Effect of dilutive equity awards (in shares)	2	7	3	8
Weighted average shares of common stock outstanding, including dilutive effect (in shares)	1,223	1,226	1,223	1,227
Diluted earnings/(loss) per common share (in dollars per share)	$ 0.74	$ 0.50	$ 1.43	$ 1.94

Earnings Per Share Additional I

Earnings Per Share Additional Information (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Earnings Per Share [Abstract]
Anti-dilutive shares	13	6	11	5

Segment Reporting Net Sales by

Segment Reporting Net Sales by Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Segment Reporting Information [Line Items]
Net sales	$ 6,076	$ 6,383	$ 18,441	$ 19,377
United States
Segment Reporting Information [Line Items]
Net sales	4,361	4,431	13,074	13,312
Canada
Segment Reporting Information [Line Items]
Net sales	415	525	1,425	1,573
EMEA
Segment Reporting Information [Line Items]
Net sales	612	634	1,862	2,026
Rest of World
Segment Reporting Information [Line Items]
Net sales	$ 688	$ 793	$ 2,080	$ 2,466

Segment Reporting Segment Adjus

Segment Reporting Segment Adjusted EBITDA (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Segment Reporting Information [Line Items]
Depreciation and amortization (excluding integration and restructuring expenses)	$ (243)	$ (245)	$ (730)	$ (679)
Integration and restructuring expenses	(15)	(32)	(56)	(215)
Deal costs	(6)	(3)	(19)	(19)
Unrealized gains/(losses) on commodity hedges	(9)	(6)	30	(11)
Impairment losses	(5)	(217)	(1,223)	(451)
Equity award compensation expense (excluding integration and restructuring expenses)	(11)	(17)	(26)	(44)
Operating income/(loss)	1,180	1,074	2,476	3,931
Interest expense	398	326	1,035	959
Other expense/(income)	(380)	(71)	(893)	(181)
Income/(loss) before income taxes	1,162	819	2,334	3,153
United States
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	1,155	1,176	3,539	3,969
Canada
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	107	144	371	451
EMEA
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	165	165	479	553
Rest of World
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	100	148	303	505
General corporate expenses
Segment Reporting Information [Line Items]
Segment Adjusted EBITDA	$ (58)	$ (39)	$ (192)	$ (128)

Segment Reporting Net Sales b_2

Segment Reporting Net Sales by Product Category (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Revenue from External Customer [Line Items]
Net sales	$ 6,076	$ 6,383	$ 18,441	$ 19,377
Condiments and sauces
Revenue from External Customer [Line Items]
Net sales	1,611	1,629	4,850	5,113
Cheese and dairy
Revenue from External Customer [Line Items]
Net sales	1,104	1,236	3,552	3,727
Ambient foods
Revenue from External Customer [Line Items]
Net sales	623	612	1,782	1,866
Frozen and chilled foods
Revenue from External Customer [Line Items]
Net sales	643	685	1,847	1,900
Meats and seafood
Revenue from External Customer [Line Items]
Net sales	612	645	1,852	1,893
Refreshment beverages
Revenue from External Customer [Line Items]
Net sales	397	387	1,190	1,197
Coffee
Revenue from External Customer [Line Items]
Net sales	296	342	932	1,041
Infant and nutrition
Revenue from External Customer [Line Items]
Net sales	120	172	387	596
Desserts, toppings and baking
Revenue from External Customer [Line Items]
Net sales	246	244	693	714
Nuts and salted snacks
Revenue from External Customer [Line Items]
Net sales	233	229	687	650
Other
Revenue from External Customer [Line Items]
Net sales	$ 191	$ 202	$ 669	$ 680

Supplemental Guarantor Inform_3

Supplemental Guarantor Information Condensed Consolidating Statements of Operations (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018	Sep. 28, 2019	Sep. 29, 2018
Condensed Income Statements, Captions [Line Items]
Net sales	$ 6,076	$ 6,383	$ 18,441	$ 19,377
Cost of products sold	4,129	4,289	12,401	12,672
Gross profit	1,947	2,094	6,040	6,705
Selling, general and administrative expenses, excluding impairment losses	762	803	2,341	2,323
Goodwill impairment losses	0	0	744	133
Intangible asset impairment losses	5	217	479	318
Selling, general and administrative expenses	767	1,020	3,564	2,774
Intercompany service fees and other recharges	0	0	0	0
Operating income/(loss)	1,180	1,074	2,476	3,931
Interest expense	398	326	1,035	959
Other expense/(income)	(380)	(71)	(893)	(181)
Income/(loss) before income taxes	1,162	819	2,334	3,153
Provision for/(benefit from) income taxes	264	201	584	779
Equity in earnings/(losses) of subsidiaries	0	0	0	0
Net income/(loss)	898	618	1,750	2,374
Net income/(loss) attributable to noncontrolling interest	(1)	(1)	(3)	(2)
Net income/(loss) excluding noncontrolling interest	899	619	1,753	2,376
Comprehensive income/(loss) excluding noncontrolling interest	580	446	1,434	1,706
As Previously Reported
Condensed Income Statements, Captions [Line Items]
Net sales		6,378		19,368
Cost of products sold		4,271		12,651
Gross profit		2,107		6,717
Selling, general and administrative expenses, excluding impairment losses		803		2,338
Goodwill impairment losses		0		164
Intangible asset impairment losses		234		335
Selling, general and administrative expenses		1,037		2,837
Intercompany service fees and other recharges		0		0
Operating income/(loss)		1,070		3,880
Interest expense		327		962
Other expense/(income)		(71)		(196)
Income/(loss) before income taxes		814		3,114
Provision for/(benefit from) income taxes		186		738
Equity in earnings/(losses) of subsidiaries		0		0
Net income/(loss)		628		2,376
Net income/(loss) attributable to noncontrolling interest		(2)		(3)
Net income/(loss) excluding noncontrolling interest		630		2,379
Comprehensive income/(loss) excluding noncontrolling interest		455		1,701
Eliminations
Condensed Income Statements, Captions [Line Items]
Net sales	(112)	(138)	(341)	(407)
Cost of products sold	(112)	(138)	(341)	(407)
Gross profit	0	0	0	0
Selling, general and administrative expenses, excluding impairment losses	0	0	0	0
Goodwill impairment losses	0	0	0	0
Intangible asset impairment losses	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Intercompany service fees and other recharges	0	0	0	0
Operating income/(loss)	0	0	0	0
Interest expense	0	0	0	0
Other expense/(income)	0	0	0	0
Income/(loss) before income taxes	0	0	0	0
Provision for/(benefit from) income taxes	0	0	0	0
Equity in earnings/(losses) of subsidiaries	(1,763)	(1,219)	(3,337)	(4,707)
Net income/(loss)	(1,763)	(1,219)	(3,337)	(4,707)
Net income/(loss) attributable to noncontrolling interest	0	0	0	0
Net income/(loss) excluding noncontrolling interest	(1,763)	(1,219)	(3,337)	(4,707)
Comprehensive income/(loss) excluding noncontrolling interest	(322)	(887)	(2,644)	(3,336)
Eliminations | As Previously Reported
Condensed Income Statements, Captions [Line Items]
Net sales		(137)		(407)
Cost of products sold		(137)		(407)
Gross profit		0		0
Selling, general and administrative expenses, excluding impairment losses		0		0
Goodwill impairment losses		0		0
Intangible asset impairment losses		0		0
Selling, general and administrative expenses		0		0
Intercompany service fees and other recharges		0		0
Operating income/(loss)		0		0
Interest expense		0		0
Other expense/(income)		0		0
Income/(loss) before income taxes		0		0
Provision for/(benefit from) income taxes		0		0
Equity in earnings/(losses) of subsidiaries		(1,214)		(4,678)
Net income/(loss)		(1,214)		(4,678)
Net income/(loss) attributable to noncontrolling interest		0		0
Net income/(loss) excluding noncontrolling interest		(1,214)		(4,678)
Comprehensive income/(loss) excluding noncontrolling interest		(878)		(3,289)
Parent Guarantor | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Net sales	0	0	0	0
Cost of products sold	0	0	0	0
Gross profit	0	0	0	0
Selling, general and administrative expenses, excluding impairment losses	0	0	0	0
Goodwill impairment losses	0	0	0	0
Intangible asset impairment losses	0	0	0	0
Selling, general and administrative expenses	0	0	0	0
Intercompany service fees and other recharges	0	0	0	0
Operating income/(loss)	0	0	0	0
Interest expense	0	0	0	0
Other expense/(income)	0	0	0	0
Income/(loss) before income taxes	0	0	0	0
Provision for/(benefit from) income taxes	0	0	0	0
Equity in earnings/(losses) of subsidiaries	899	619	1,753	2,376
Net income/(loss)	899	619	1,753	2,376
Net income/(loss) attributable to noncontrolling interest	0	0	0	0
Net income/(loss) excluding noncontrolling interest	899	619	1,753	2,376
Comprehensive income/(loss) excluding noncontrolling interest	580	446	1,434	1,706
Parent Guarantor | Reportable Legal Entities | As Previously Reported
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, excluding impairment losses		0		0
Goodwill impairment losses		0		0
Intangible asset impairment losses		0		0
Selling, general and administrative expenses		0		0
Intercompany service fees and other recharges		0		0
Operating income/(loss)		0		0
Interest expense		0		0
Other expense/(income)		0		0
Income/(loss) before income taxes		0		0
Provision for/(benefit from) income taxes		0		0
Equity in earnings/(losses) of subsidiaries		630		2,379
Net income/(loss)		630		2,379
Net income/(loss) attributable to noncontrolling interest		0		0
Net income/(loss) excluding noncontrolling interest		630		2,379
Comprehensive income/(loss) excluding noncontrolling interest		455		1,701
Subsidiary Issuer | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Net sales	4,118	4,226	12,398	12,693
Cost of products sold	2,742	2,819	8,130	8,157
Gross profit	1,376	1,407	4,268	4,536
Selling, general and administrative expenses, excluding impairment losses	195	205	609	589
Goodwill impairment losses	0	0	0	0
Intangible asset impairment losses	0	0	0	0
Selling, general and administrative expenses	195	205	609	589
Intercompany service fees and other recharges	719	975	2,459	3,253
Operating income/(loss)	462	227	1,200	694
Interest expense	384	310	982	908
Other expense/(income)	12	(60)	(53)	(236)
Income/(loss) before income taxes	66	(23)	271	22
Provision for/(benefit from) income taxes	31	(41)	102	(23)
Equity in earnings/(losses) of subsidiaries	864	600	1,584	2,331
Net income/(loss)	899	618	1,753	2,376
Net income/(loss) attributable to noncontrolling interest	0	0	0	0
Net income/(loss) excluding noncontrolling interest	899	618	1,753	2,376
Comprehensive income/(loss) excluding noncontrolling interest	580	446	1,434	1,706
Subsidiary Issuer | Reportable Legal Entities | As Previously Reported
Condensed Income Statements, Captions [Line Items]
Net sales		4,226		12,693
Cost of products sold		2,800		8,130
Gross profit		1,426		4,563
Selling, general and administrative expenses, excluding impairment losses		205		589
Goodwill impairment losses		0		0
Intangible asset impairment losses		0		0
Selling, general and administrative expenses		205		589
Intercompany service fees and other recharges		975		3,253
Operating income/(loss)		246		721
Interest expense		311		911
Other expense/(income)		(59)		(234)
Income/(loss) before income taxes		(6)		44
Provision for/(benefit from) income taxes		(52)		(36)
Equity in earnings/(losses) of subsidiaries		584		2,299
Net income/(loss)		630		2,379
Net income/(loss) attributable to noncontrolling interest		0		0
Net income/(loss) excluding noncontrolling interest		630		2,379
Comprehensive income/(loss) excluding noncontrolling interest		455		1,701
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Income Statements, Captions [Line Items]
Net sales	2,070	2,295	6,384	7,091
Cost of products sold	1,499	1,608	4,612	4,922
Gross profit	571	687	1,772	2,169
Selling, general and administrative expenses, excluding impairment losses	567	598	1,732	1,734
Goodwill impairment losses	0	0	744	133
Intangible asset impairment losses	5	217	479	318
Selling, general and administrative expenses	572	815	2,955	2,185
Intercompany service fees and other recharges	(719)	(975)	(2,459)	(3,253)
Operating income/(loss)	718	847	1,276	3,237
Interest expense	14	16	53	51
Other expense/(income)	(392)	(11)	(840)	55
Income/(loss) before income taxes	1,096	842	2,063	3,131
Provision for/(benefit from) income taxes	233	242	482	802
Equity in earnings/(losses) of subsidiaries	0	0	0	0
Net income/(loss)	863	600	1,581	2,329
Net income/(loss) attributable to noncontrolling interest	(1)	(1)	(3)	(2)
Net income/(loss) excluding noncontrolling interest	864	601	1,584	2,331
Comprehensive income/(loss) excluding noncontrolling interest	$ (258)	441	$ 1,210	1,630
Non-Guarantor Subsidiaries | Reportable Legal Entities | As Previously Reported
Condensed Income Statements, Captions [Line Items]
Net sales		2,289		7,082
Cost of products sold		1,608		4,928
Gross profit		681		2,154
Selling, general and administrative expenses, excluding impairment losses		598		1,749
Goodwill impairment losses		0		164
Intangible asset impairment losses		234		335
Selling, general and administrative expenses		832		2,248
Intercompany service fees and other recharges		(975)		(3,253)
Operating income/(loss)		824		3,159
Interest expense		16		51
Other expense/(income)		(12)		38
Income/(loss) before income taxes		820		3,070
Provision for/(benefit from) income taxes		238		774
Equity in earnings/(losses) of subsidiaries		0		0
Net income/(loss)		582		2,296
Net income/(loss) attributable to noncontrolling interest		(2)		(3)
Net income/(loss) excluding noncontrolling interest		584		2,299
Comprehensive income/(loss) excluding noncontrolling interest		$ 423		$ 1,588

Supplemental Guarantor Inform_4

Supplemental Guarantor Information Condensed Consolidating Balance Sheets (Details) - USD ($) $ in Millions	Sep. 28, 2019	Jun. 29, 2019	Mar. 30, 2019	Dec. 29, 2018	Sep. 29, 2018	Jun. 30, 2018	Mar. 31, 2018	Dec. 30, 2017
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	$ 2,315			$ 1,130	$ 1,366
Trade receivables, net	1,959			2,129	2,032
Receivables due from affiliates	0			0
Dividends due from affiliates	0
Income taxes receivable	119			152	203
Inventories	3,158			2,667	3,214
Short-term lending due from affiliates	0			0
Prepaid expenses	415			400	389
Other current assets	1,124			1,221	352
Assets held for sale	35			1,376
Total current assets	9,125			9,075	7,556
Property, plant and equipment, net	6,926			7,078	7,074
Goodwill	35,826			36,503	44,339
Investments in subsidiaries	0			0
Intangible assets, net	48,714			49,468	58,727
Long-term lending due from affiliates	0			0
Other non-current assets	2,231			1,337	1,879
TOTAL ASSETS	102,822			103,461	119,575
Commercial paper and other short-term debt	15			21	973
Current portion of long-term debt	2,545			377	371
Short-term lending due to affiliates	0			0
Trade payables	4,156			4,153	4,238
Payables due to affiliates	0			0
Accrued marketing	458			722	494
Interest payable	278			408	315
Dividends due to affiliates	0
Other current liabilities	1,658			1,767	1,231
Liabilities held for sale	2			55
Total current liabilities	9,112			7,503	7,622
Long-term debt	28,112			30,770	30,887
Long-term borrowings due to affiliates	0			0
Deferred income taxes	12,010			12,202	14,224
Accrued postemployment costs	315			306	394
Other non-current liabilities	1,467			902	1,035
TOTAL LIABILITIES	51,016			51,683	54,162
Redeemable noncontrolling interest	2			3	6
Total shareholders’ equity	51,673			51,657	65,219
Noncontrolling interest	131			118	188
TOTAL EQUITY	51,804	$ 51,675	$ 51,833	51,775	65,407	$ 65,708	$ 66,294	$ 66,070
TOTAL LIABILITIES AND EQUITY	102,822			103,461	$ 119,575
Eliminations
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	0			0
Trade receivables, net	0			0
Receivables due from affiliates	(2,291)			(1,211)
Dividends due from affiliates	0
Income taxes receivable	0			(558)
Inventories	0			0
Short-term lending due from affiliates	(5,599)			(5,540)
Prepaid expenses	0			0
Other current assets	0			0
Assets held for sale	0			0
Total current assets	(7,890)			(7,309)
Property, plant and equipment, net	0			0
Goodwill	0			0
Investments in subsidiaries	(117,774)			(119,524)
Intangible assets, net	0			0
Long-term lending due from affiliates	(2,207)			(2,000)
Other non-current assets	0			0
TOTAL ASSETS	(127,871)			(128,833)
Commercial paper and other short-term debt	0			0
Current portion of long-term debt	0			0
Short-term lending due to affiliates	(5,599)			(5,540)
Trade payables	0			0
Payables due to affiliates	(2,291)			(1,211)
Accrued marketing	0			0
Interest payable	0			0
Dividends due to affiliates	0
Other current liabilities	0			(558)
Liabilities held for sale	0			0
Total current liabilities	(7,890)			(7,309)
Long-term debt	0			0
Long-term borrowings due to affiliates	(2,207)			(2,012)
Deferred income taxes	0			0
Accrued postemployment costs	0			0
Other non-current liabilities	0			0
TOTAL LIABILITIES	(10,097)			(9,321)
Redeemable noncontrolling interest	0			0
Total shareholders’ equity	(117,774)			(119,512)
Noncontrolling interest	0			0
TOTAL EQUITY	(117,774)			(119,512)
TOTAL LIABILITIES AND EQUITY	(127,871)			(128,833)
Parent Guarantor | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	0			0
Trade receivables, net	0			0
Receivables due from affiliates	0			0
Dividends due from affiliates	0
Income taxes receivable	0			0
Inventories	0			0
Short-term lending due from affiliates	0			0
Prepaid expenses	0			0
Other current assets	0			0
Assets held for sale	0			0
Total current assets	0			0
Property, plant and equipment, net	0			0
Goodwill	0			0
Investments in subsidiaries	50,788			51,657
Intangible assets, net	0			0
Long-term lending due from affiliates	0			0
Other non-current assets	0			0
TOTAL ASSETS	50,788			51,657
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
Interest payable	0			0
Dividends due to affiliates	0
Other current liabilities	0			0
Liabilities held for sale	0			0
Total current liabilities	0			0
Long-term debt	0			0
Long-term borrowings due to affiliates	0			0
Deferred income taxes	0			0
Accrued postemployment costs	0			0
Other non-current liabilities	0			0
TOTAL LIABILITIES	0			0
Redeemable noncontrolling interest	0			0
Total shareholders’ equity	50,788			51,657
Noncontrolling interest	0			0
TOTAL EQUITY	50,788			51,657
TOTAL LIABILITIES AND EQUITY	50,788			51,657
Subsidiary Issuer | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	834			202
Trade receivables, net	867			933
Receivables due from affiliates	1,437			870
Dividends due from affiliates	0
Income taxes receivable	38			701
Inventories	2,179			1,783
Short-term lending due from affiliates	1,357			1,787
Prepaid expenses	216			198
Other current assets	669			776
Assets held for sale	23			75
Total current assets	7,620			7,325
Property, plant and equipment, net	4,392			4,524
Goodwill	11,066			11,067
Investments in subsidiaries	66,986			67,867
Intangible assets, net	2,895			3,010
Long-term lending due from affiliates	207			0
Other non-current assets	825			316
TOTAL ASSETS	93,991			94,109
Commercial paper and other short-term debt	14			0
Current portion of long-term debt	1,928			363
Short-term lending due to affiliates	4,242			3,753
Trade payables	2,602			2,563
Payables due to affiliates	854			341
Accrued marketing	121			282
Interest payable	267			394
Dividends due to affiliates	0
Other current liabilities	1,019			888
Liabilities held for sale	0			0
Total current liabilities	11,047			8,584
Long-term debt	27,822			29,872
Long-term borrowings due to affiliates	2,000			2,000
Deferred income taxes	1,415			1,314
Accrued postemployment costs	82			89
Other non-current liabilities	837			593
TOTAL LIABILITIES	43,203			42,452
Redeemable noncontrolling interest	0			0
Total shareholders’ equity	50,788			51,657
Noncontrolling interest	0			0
TOTAL EQUITY	50,788			51,657
TOTAL LIABILITIES AND EQUITY	93,991			94,109
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Balance Sheet Statements, Captions [Line Items]
Cash and cash equivalents	1,481			928
Trade receivables, net	1,092			1,196
Receivables due from affiliates	854			341
Dividends due from affiliates	0
Income taxes receivable	81			9
Inventories	979			884
Short-term lending due from affiliates	4,242			3,753
Prepaid expenses	199			202
Other current assets	455			445
Assets held for sale	12			1,301
Total current assets	9,395			9,059
Property, plant and equipment, net	2,534			2,554
Goodwill	24,760			25,436
Investments in subsidiaries	0			0
Intangible assets, net	45,819			46,458
Long-term lending due from affiliates	2,000			2,000
Other non-current assets	1,406			1,021
TOTAL ASSETS	85,914			86,528
Commercial paper and other short-term debt	1			21
Current portion of long-term debt	617			14
Short-term lending due to affiliates	1,357			1,787
Trade payables	1,554			1,590
Payables due to affiliates	1,437			870
Accrued marketing	337			440
Interest payable	11			14
Dividends due to affiliates	0
Other current liabilities	639			1,437
Liabilities held for sale	2			55
Total current liabilities	5,955			6,228
Long-term debt	290			898
Long-term borrowings due to affiliates	207			12
Deferred income taxes	10,595			10,888
Accrued postemployment costs	233			217
Other non-current liabilities	630			309
TOTAL LIABILITIES	17,910			18,552
Redeemable noncontrolling interest	2			3
Total shareholders’ equity	67,871			67,855
Noncontrolling interest	131			118
TOTAL EQUITY	68,002			67,973
TOTAL LIABILITIES AND EQUITY	$ 85,914			$ 86,528

Supplemental Guarantor Inform_5

Supplemental Guarantor Information Condensed Consolidating Statements of Cash Flows (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 28, 2019	Sep. 29, 2018
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	$ 1,990	$ 878
Cash receipts on sold receivables	0	1,296
Capital expenditures	(581)	(594)
Payments to acquire business, net of cash acquired	(199)	(248)
Net proceeds from/(payments on) intercompany lending activities	0	0
Additional investments in subsidiaries	0	0
Return of capital	0	0
Proceeds from sale of business, net of cash disposed	1,875	18
Other investing activities, net	16	13
Net cash provided by/(used for) investing activities	1,111	485
Repayments of long-term debt	(3,272)	(2,706)
Proceeds from issuance of long-term debt	2,967	2,990
Debt prepayment and extinguishment costs	(91)	0
Proceeds from issuance of commercial paper	377	2,485
Repayments of commercial paper	(377)	(1,950)
Net proceeds from/(payments on) intercompany borrowing activities	0	0
Dividends paid	(1,464)	(2,421)
Other intercompany capital stock transactions	0	0
Other financing activities, net	(21)	(35)
Net cash provided by/(used for) financing activities	(1,881)	(1,637)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(40)	(128)
Net increase/(decrease)	1,180	(402)
Balance at beginning of period	1,136	1,769
Balance at end of period	2,316	1,367
As Previously Reported
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities		899
Cash receipts on sold receivables		1,296
Capital expenditures		(594)
Payments to acquire business, net of cash acquired		(248)
Net proceeds from/(payments on) intercompany lending activities		0
Additional investments in subsidiaries		0
Return of capital		0
Proceeds from sale of business, net of cash disposed		18
Other investing activities, net		13
Net cash provided by/(used for) investing activities		485
Repayments of long-term debt		(2,727)
Proceeds from issuance of long-term debt		2,990
Proceeds from issuance of commercial paper		2,485
Repayments of commercial paper		(1,950)
Net proceeds from/(payments on) intercompany borrowing activities		0
Dividends paid		(2,421)
Other intercompany capital stock transactions		0
Other financing activities, net		(35)
Net cash provided by/(used for) financing activities		(1,658)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash		(128)
Net increase/(decrease)		(402)
Balance at beginning of period		1,769
Balance at end of period		1,367
Eliminations
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	(1,464)	(2,431)
Cash receipts on sold receivables		0
Capital expenditures	0	0
Payments to acquire business, net of cash acquired	0	0
Net proceeds from/(payments on) intercompany lending activities	(1,993)	(1,259)
Additional investments in subsidiaries	55	41
Return of capital	0	(7)
Proceeds from sale of business, net of cash disposed	0	0
Other investing activities, net	0	0
Net cash provided by/(used for) investing activities	(1,938)	(1,225)
Repayments of long-term debt	0	0
Proceeds from issuance of long-term debt	0	0
Debt prepayment and extinguishment costs	0
Proceeds from issuance of commercial paper	0	0
Repayments of commercial paper	0	0
Net proceeds from/(payments on) intercompany borrowing activities	1,993	1,259
Dividends paid	1,464	2,431
Other intercompany capital stock transactions	(55)	(34)
Other financing activities, net	0	0
Net cash provided by/(used for) financing activities	3,402	3,656
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
Eliminations | As Previously Reported
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities		(2,431)
Cash receipts on sold receivables		0
Capital expenditures		0
Payments to acquire business, net of cash acquired		0
Net proceeds from/(payments on) intercompany lending activities		(1,259)
Additional investments in subsidiaries		41
Return of capital		(7)
Proceeds from sale of business, net of cash disposed		0
Other investing activities, net		0
Net cash provided by/(used for) investing activities		(1,225)
Repayments of long-term debt		0
Proceeds from issuance of long-term debt		0
Proceeds from issuance of commercial paper		0
Repayments of commercial paper		0
Net proceeds from/(payments on) intercompany borrowing activities		1,259
Dividends paid		2,431
Other intercompany capital stock transactions		(34)
Other financing activities, net		0
Net cash provided by/(used for) financing activities		3,656
Effect of exchange rate changes on cash, cash equivalents, and restricted cash		0
Net increase/(decrease)		0
Balance at beginning of period		0
Balance at end of period		0
Parent Guarantor | Reportable Legal Entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	1,464	2,421
Cash receipts on sold receivables		0
Capital expenditures	0	0
Payments to acquire business, net of cash acquired	0	0
Net proceeds from/(payments on) intercompany lending activities	0	0
Additional investments in subsidiaries	(19)	0
Return of capital	0	7
Proceeds from sale of business, net of cash disposed	0	0
Other investing activities, net	0	0
Net cash provided by/(used for) investing activities	(19)	7
Repayments of long-term debt	0	0
Proceeds from issuance of long-term debt	0	0
Debt prepayment and extinguishment costs	0
Proceeds from issuance of commercial paper	0	0
Repayments of commercial paper	0	0
Net proceeds from/(payments on) intercompany borrowing activities	0	0
Dividends paid	(1,464)	(2,421)
Other intercompany capital stock transactions	0	0
Other financing activities, net	19	(7)
Net cash provided by/(used for) financing activities	(1,445)	(2,428)
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 | As Previously Reported
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities		2,421
Cash receipts on sold receivables		0
Capital expenditures		0
Payments to acquire business, net of cash acquired		0
Net proceeds from/(payments on) intercompany lending activities		0
Additional investments in subsidiaries		0
Return of capital		7
Proceeds from sale of business, net of cash disposed		0
Other investing activities, net		0
Net cash provided by/(used for) investing activities		7
Repayments of long-term debt		0
Proceeds from issuance of long-term debt		0
Proceeds from issuance of commercial paper		0
Repayments of commercial paper		0
Net proceeds from/(payments on) intercompany borrowing activities		0
Dividends paid		(2,421)
Other intercompany capital stock transactions		0
Other financing activities, net		(7)
Net cash provided by/(used for) financing activities		(2,428)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash		0
Net increase/(decrease)		0
Balance at beginning of period		0
Balance at end of period		0
Subsidiary Issuer | Reportable Legal Entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	1,715	825
Cash receipts on sold receivables		0
Capital expenditures	(293)	(251)
Payments to acquire business, net of cash acquired	(201)	(245)
Net proceeds from/(payments on) intercompany lending activities	1,620	1,074
Additional investments in subsidiaries	(36)	(41)
Return of capital	0	0
Proceeds from sale of business, net of cash disposed	0	0
Other investing activities, net	60	14
Net cash provided by/(used for) investing activities	1,150	551
Repayments of long-term debt	(3,267)	(2,546)
Proceeds from issuance of long-term debt	2,968	2,990
Debt prepayment and extinguishment costs	(91)
Proceeds from issuance of commercial paper	377	2,485
Repayments of commercial paper	(377)	(1,950)
Net proceeds from/(payments on) intercompany borrowing activities	(373)	(185)
Dividends paid	(1,464)	(2,421)
Other intercompany capital stock transactions	19	(7)
Other financing activities, net	(23)	(17)
Net cash provided by/(used for) financing activities	(2,231)	(1,651)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(2)	0
Net increase/(decrease)	632	(275)
Balance at beginning of period	202	644
Balance at end of period	834	369
Subsidiary Issuer | Reportable Legal Entities | As Previously Reported
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities		844
Cash receipts on sold receivables		0
Capital expenditures		(251)
Payments to acquire business, net of cash acquired		(244)
Net proceeds from/(payments on) intercompany lending activities		1,074
Additional investments in subsidiaries		(41)
Return of capital		0
Proceeds from sale of business, net of cash disposed		0
Other investing activities, net		13
Net cash provided by/(used for) investing activities		551
Repayments of long-term debt		(2,565)
Proceeds from issuance of long-term debt		2,990
Proceeds from issuance of commercial paper		2,485
Repayments of commercial paper		(1,950)
Net proceeds from/(payments on) intercompany borrowing activities		(185)
Dividends paid		(2,421)
Other intercompany capital stock transactions		(7)
Other financing activities, net		(16)
Net cash provided by/(used for) financing activities		(1,669)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash		0
Net increase/(decrease)		(274)
Balance at beginning of period		644
Balance at end of period		370
Non-Guarantor Subsidiaries | Reportable Legal Entities
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities	275	63
Cash receipts on sold receivables		1,296
Capital expenditures	(288)	(343)
Payments to acquire business, net of cash acquired	2	(3)
Net proceeds from/(payments on) intercompany lending activities	373	185
Additional investments in subsidiaries	0	0
Return of capital	0	0
Proceeds from sale of business, net of cash disposed	1,875	18
Other investing activities, net	(44)	(1)
Net cash provided by/(used for) investing activities	1,918	1,152
Repayments of long-term debt	(5)	(160)
Proceeds from issuance of long-term debt	(1)	0
Debt prepayment and extinguishment costs	0
Proceeds from issuance of commercial paper	0	0
Repayments of commercial paper	0	0
Net proceeds from/(payments on) intercompany borrowing activities	(1,620)	(1,074)
Dividends paid	0	(10)
Other intercompany capital stock transactions	36	41
Other financing activities, net	(17)	(11)
Net cash provided by/(used for) financing activities	(1,607)	(1,214)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash	(38)	(128)
Net increase/(decrease)	548	(127)
Balance at beginning of period	934	1,125
Balance at end of period	$ 1,482	998
Non-Guarantor Subsidiaries | Reportable Legal Entities | As Previously Reported
Condensed Cash Flow Statements, Captions [Line Items]
Net cash provided by/(used for) operating activities		65
Cash receipts on sold receivables		1,296
Capital expenditures		(343)
Payments to acquire business, net of cash acquired		(4)
Net proceeds from/(payments on) intercompany lending activities		185
Additional investments in subsidiaries		0
Return of capital		0
Proceeds from sale of business, net of cash disposed		18
Other investing activities, net		0
Net cash provided by/(used for) investing activities		1,152
Repayments of long-term debt		(162)
Proceeds from issuance of long-term debt		0
Proceeds from issuance of commercial paper		0
Repayments of commercial paper		0
Net proceeds from/(payments on) intercompany borrowing activities		(1,074)
Dividends paid		(10)
Other intercompany capital stock transactions		41
Other financing activities, net		(12)
Net cash provided by/(used for) financing activities		(1,217)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash		(128)
Net increase/(decrease)		(128)
Balance at beginning of period		1,125
Balance at end of period		$ 997

Supplemental Guarantor Inform_6

Supplemental Guarantor Information Reconciliation From Cash and Cash Equivalents to Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Millions	Sep. 28, 2019	Dec. 29, 2018	Sep. 29, 2018	Dec. 30, 2017
Schedule of Cash, Cash Equivalents, and Restricted Cash [Line Items]
Cash and cash equivalents	$ 2,315	$ 1,130	$ 1,366
Restricted cash included in other current assets	1	1
Restricted cash included in other non-current assets	0	5
Cash, cash equivalents, and restricted cash	2,316	1,136	1,367	$ 1,769
Eliminations
Schedule of Cash, Cash Equivalents, and Restricted Cash [Line Items]
Cash and cash equivalents	0	0
Restricted cash included in other current assets	0	0
Restricted cash included in other non-current assets	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 current assets	0	0
Restricted cash included in other non-current assets	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	834	202
Restricted cash included in other current assets	0	0
Restricted cash included in other non-current assets	0	0
Cash, cash equivalents, and restricted cash	834	202	369	644
Non-Guarantor Subsidiaries | Reportable Legal Entities
Schedule of Cash, Cash Equivalents, and Restricted Cash [Line Items]
Cash and cash equivalents	1,481	928
Restricted cash included in other current assets	1	1
Restricted cash included in other non-current assets	0	5
Cash, cash equivalents, and restricted cash	$ 1,482	$ 934	$ 998	$ 1,125