Kraft Heinz Co.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-5.85B | $2.74B | $2.86B | $2.36B | $1.01B | $356.0M | $1.94B | $-10.19B |
| Depreciation & Amortization | $968.0M | $948.0M | $961.0M | $933.0M | $910.0M | $969.0M | $994.0M | $983.0M |
| Depreciation | $722.0M | $696.0M | $710.0M | $672.0M | $671.0M | $705.0M | $708.0M | $693.0M |
| Amortization | $246.0M | $252.0M | $251.0M | $261.0M | $239.0M | $264.0M | $286.0M | $290.0M |
| Stock-Based Compensation | $95.0M | $109.0M | $141.0M | $148.0M | $197.0M | $156.0M | $46.0M | $33.0M |
| Net Cash from Operating Activities | $4.46B | $4.18B | $3.98B | $2.47B | $5.36B | $4.93B | $3.55B | $2.57B |
| Investing Activities | ||||||||
| Capital Expenditures | $801.0M | $1.02B | $1.01B | $916.0M | $905.0M | $596.0M | $768.0M | $826.0M |
| Business Acquisitions | — | $0 | $0 | $481.0M | $74.0M | $0 | $199.0M | $248.0M |
| Net Cash from Investing Activities | $-1.83B | $-1.02B | $-916.0M | $-1.09B | $4.04B | $-522.0M | $1.51B | $288.0M |
| Financing Activities | ||||||||
| Dividends Paid | $1.90B | $1.93B | $1.97B | $1.96B | $1.96B | $1.96B | $1.95B | $3.18B |
| Stock Repurchases | $436.0M | $988.0M | $455.0M | $280.0M | $271.0M | — | — | — |
| Net Cash from Financing Activities | $-1.25B | $-3.01B | $-2.68B | $-3.71B | $-9.34B | $-3.33B | $-3.91B | $-3.36B |
| Net Change in Cash | $1.46B | $82.0M | $363.0M | $-2.41B | $28.0M | $1.14B | $1.14B | $-633.0M |
| Free Cash Flow | $3.66B | $3.16B | $2.96B | $1.55B | $4.46B | $4.33B | $2.78B | $1.75B |