Quarterly Financial Data

12 Months Ended

Dec. 30, 2017

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

QUARTERLY FINANCIAL DATA (unaudited)

	Net sales				Gross profit
(millions)	2017		2016		2017		2016
First	$	3,254	$	3,395	$	1,204	$	1,245
Second	3,187		3,268		1,265		1,270
Third	3,273		3,254		1,232		1,264
Fourth	3,209		3,097		1,321		976
	$	12,923	$	13,014	$	5,022	$	4,755

	Net income attributable to Kellogg Company					Per share amounts
(millions)	2017		2016			2017				2016
						Basic		Diluted		Basic			Diluted
First	$	262	$	175		$	0.75	$	0.74	$	0.50		$	0.49
Second	282		280			0.81		0.80		0.80			0.79
Third	297		292			0.86		0.85		0.83			0.82
Fourth	428		(53		)	1.24		1.23		(0.15		)	(0.15		)
	$	1,269	$	694

The principal market for trading Kellogg shares is the New York Stock Exchange (NYSE). At December 30, 2017, the closing price (on the NYSE) was $67.98 and there were 33,793 shareholders of record.

Dividends paid per share and the quarterly price ranges on the NYSE during the last two years were:

	Dividend per share		Stock price
2017 — Quarter			High		Low
First	$	0.52	$	76.44	$	71.38
Second	0.52		73.49		68.69
Third	0.54		70.36		62.37
Fourth	0.54		68.29		58.87
	$	2.12
2016 — Quarter
First	$	0.50	$	77.86	$	69.96
Second	0.50		81.65		74.30
Third	0.52		86.98		77.13
Fourth	0.52		77.25		70.96
	$	2.04

During 2017, the Company recorded the following charges (gains) in operating profit:

	2017
(millions)	First		Second			Third		Fourth			Full Year
Restructuring and cost reduction charges	$	142	$	96		$	1	$	24		$	263
(Gains) / losses on mark-to-market adjustments	21		(7		)	104		(163		)	(45		)
	$	163	$	89		$	105	$	(139	)	$	218

During 2016, the Company recorded the following charges (gains) in operating profit:

	2016
(millions)	First		Second			Third		Fourth		Full Year
Restructuring and cost reduction charges	$	52	$	72		$	40	$	161	$	325
(Gains) / losses on mark-to-market adjustments	24		(20		)	31		226		261
	$	76	$	52		$	71	$	387	$	586