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REPORTABLE SEGMENTS (Notes)
 9 Months Ended
Sep. 27, 2025
Segment Reporting [Abstract]  
Reportable Segments REPORTABLE SEGMENTS
Kellanova is the world's second largest producer of crackers and a leading producer of cereal, savory snacks, and frozen foods. Additional product offerings include toaster pastries, cereal bars, veggie foods and noodles. Kellanova products are manufactured and marketed globally. Principal markets for these products include the United States, United Kingdom, France, Nigeria, Canada, Mexico, Brazil, and Australia.
The Company manages its operations through four operating segments that are based on geographic location – North America which includes U.S. businesses and Canada; Europe which consists of European countries; Latin America which consists of Central and South America and includes Mexico; and AMEA (Asia Middle East Africa) which consists of Africa, Middle East, Australia and other Asian and Pacific markets. These operating segments also represent our reportable segments. Each reportable segment derives its revenues primarily from the production and distribution of a mix of food products including snacks, cereal, frozen foods, noodles and other foods. Corporate includes corporate administration and initiatives as well as share-based compensation.
The Chairman and Chief Executive Officer is the Chief Operating Decision Maker (CODM) of the Company. The CODM uses operating profit as the reportable segment profitability measure to assess performance and allocate resources. This measure is utilized during our budgeting and forecasting process to assess profitability and enable decision making regarding strategic initiatives and capital investments across all reportable segments. Reportable segment operating profit is consistent with the presentation of operating profit in the Consolidated Statement of Income. The accounting policies of each reportable segment are consistent with those described in the summary of significant accounting policies in Note 1 included in the Company's 2024 Annual Report on Form 10-K. Inter-segment sales are not included in the segment profitability measure used by the CODM to assess performance of the reportable segments.
Reportable segment results including details of the significant expense categories provided to the CODM for the quarter and year-to-date periods ended September 27, 2025 and September 28, 2024 were as follows:
Quarter ended September 27, 2025
Reportable segments
(millions)North AmericaEuropeLatin AmericaAMEACorporateConsolidated
Net sales$1,627 $653 $308 $672 $— $3,260 
Cost of goods sold1,018 448 219 498 (7)2,176 
Selling, general, and administrative expense268 132 74 105 53 632 
Operating profit$341 $73 $15 $69 $(46)$452 
Year-to-date period ended September 27, 2025
Reportable segments
(millionsNorth AmericaEuropeLatin AmericaAMEACorporateConsolidated
Net sales$4,840 $1,883 $883 $1,940 $— $9,546 
Cost of goods sold$3,002 $1,264 $609 $1,427 $11 $6,313 
Selling, general, and administrative expense$857 $363 $204 $308 $181 $1,913 
Operating profit$981 $256 $70 $205 $(192)$1,320 
Quarter ended September 28, 2024
Reportable segments
(millions)North AmericaEuropeLatin AmericaAMEACorporateConsolidated
Net sales$1,673 $660 $311 $590 $(1)$3,233 
Cost of goods sold1,074 416 209 420 (62)2,057 
Selling, general, and administrative expense302 143 73 105 97 720 
Operating profit$297 $101 $29 $65 $(36)$456 
Year-to-date period ended September 28, 2024
Reportable segments
(millions)North AmericaEuropeLatin AmericaAMEACorporateConsolidated
Net Sales$5,019 $1,898 $958 $1,754 $(4)$9,625 
Cost of goods sold$3,146 $1,282 $643 $1,244 $(58)$6,257 
Selling, general, and administrative expense$902 $376 $213 $310 $225 $2,026 
Operating profit$971 $240 $102 $200 $(171)$1,342 
Certain items such as interest expense and income taxes, while not included in the measure of reportable segment operating results, are regularly reviewed by the chief operating decision maker (CODM) for the Company's internationally based reportable segments as shown below.
 Quarter endedYear-to-date period ended
(millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Depreciation and amortization
North America (a)$40 $42 $125 $153 
Europe (a)27 23 73 108 
Latin America10 8 30 25 
AMEA15 16 43 41 
Total Reportable Segments92 89 271 327 
Corporate2 3 6 6 
Consolidated$94 $92 $277 $333 
Interest expense
North America$— $1 $— $5 
Europe7 17 23 52 
Latin America2 2 4 5 
AMEA2 5 12 15 
Corporate49 50 147 164 
Consolidated$60 $75 $186 $241 
Income taxes
Europe$10 $9 $30 $26 
Latin America4 7 $13 $32 
AMEA14 12 $43 $37 
Corporate & North America61 6 $159 $118 
Consolidated$89 $34 $245 $213 
(a) Year-to-date period ended September 28, 2024, includes asset impairment charges as discussed in Note 10.
Assets are reviewed by the CODM on a consolidated basis and therefore are not presented by reportable segment. The CODM does review additions to property by reportable segment.
Quarter endedYear-to-date period ended
(millions)September 27, 2025September 28, 2024September 27, 2025September 28, 2024
Additions to property
North America$57 $55 $162 $175 
Europe43 35 140 104 
Latin America10 24 59 74 
AMEA28 24 92 75 
Corporate6 5 15 12 
Consolidated$144 $143 $468 $440 
Supplemental product information is provided below for net sales to external customers:
Quarter endedYear-to-date period ended
(millions)September 27,
2025		September 28,
2024		September 27,
2025		September 28,
2024
Snacks$2,027 $2,069 $5,932 $6,153 
Cereal678 690 1,995 2,066 
Frozen275 276 821 828 
Noodles and other280 198 798 578 
Consolidated$3,260 $3,233 $9,546 $9,625