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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 28, 2015
Dec. 28, 2014
Current Assets:    
Cash and cash equivalents $ 2,147 $ 2,298
Trade receivables, net 795 851
Other receivables, net 226 384
Inventories:    
Finished goods and work-in-process 978 962
Packaging material and ingredients 184 223
Total inventories 1,162 1,185
Prepaid expenses 191 139
Other current assets 68 58
Total current assets 4,589 4,915
Property, plant and equipment 2,786 2,796
Less accumulated depreciation 533 431
Total property, plant and equipment, net 2,253 2,365
Goodwill 14,741 14,959
Trademarks, net 11,285 11,455
Other intangibles, net 1,657 1,733
Other non-current assets 1,537 1,336
Total other non-current assets 29,220 29,483
Total assets 36,062 36,763
Current Liabilities:    
Short-term debt 2 59
Portion of long-term debt due within one year 10 11
Trade payables 1,509 1,651
Other payables 99 203
Accrued interest 171 167
Accrued marketing 255 297
Other accrued liabilities 436 472
Income taxes 171 232
Total current liabilities 2,653 3,092
Long-term debt 13,626 13,586
Deferred income taxes 3,843 3,867
Non-pension postretirement benefits 191 197
Other non-current liabilities 448 336
Total long-term liabilities 18,108 17,986
Redeemable noncontrolling interest 27 29
9% Series A cumulative redeemable preferred stock, 80,000 authorized and issued shares, $0.01 par value 8,320 8,320
Equity:    
Common stock, 397,960,266 shares issued, $0.01 par value 4 4
Warrants 0 367
Additional capital 7,454 7,320
Retained earnings 0 0
Accumulated other comprehensive loss (719) (574)
Total Kraft Heinz Company shareholders' equity 6,739 7,117
Noncontrolling interest 215 219
Total equity 6,954 7,336
Total liabilities and equity $ 36,062 $ 36,763