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Quarterly Financial Data
 12 Months Ended
Dec. 28, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Information [Text Block]
QUARTERLY FINANCIAL DATA (unaudited)
  
Net sales
Gross profit
(millions)
2019
2018
2019
2018
First
$
3,522

$
3,401

$
1,107

$
1,252

Second
3,461

3,360

1,186

1,209

Third
3,372

3,469

1,000

1,176

Fourth
3,223

3,317

1,088

1,089

 
$
13,578

$
13,547

$
4,381

$
4,726


 
  
Net income (loss) attributable to Kellogg Company
Per share amounts
(millions)
2019
2018
2019
2018
 
 
 
Basic
Diluted
Basic
Diluted
First
$
282

$
444

$
0.82

$
0.82

$
1.28

$
1.27

Second
286

596

0.84

0.84

1.72

1.71

Third
247

380

0.73

0.72

1.10

1.09

Fourth (a)
145

(84
)
0.43

0.42

(0.24
)
(0.24
)
 
$
960

$
1,336

 
 
 
 

(a)
The significant decrease in the fourth quarter 2018 net income is primarily due to a mark-to-market adjustment recognized on pension assets.
The principal market for trading Kellogg shares (Ticker symbol: K) is the New York Stock Exchange (NYSE). At December 28, 2019 there were 31,322 shareholders of record.
Dividends paid per share during the last two years were:
Quarter
2019
2018
First
$
0.56

$
0.54

Second
0.56

0.54

Third
0.57

0.56

Fourth
0.57

0.56

 
$
2.26

$
2.20


During 2019, the Company recorded the following in operating profit and other income (expense):
  
2019
(millions)
First
Second
Third
Fourth
Full Year
Operating profit
 
 
 
 
 
Restructuring and cost reduction charges
$
(8
)
$
(65
)
$
(18
)
$
(27
)
$
(118
)
Gains / (losses) on mark-to-market adjustments
(42
)
46

(11
)
—

(7
)
 










Other income (expense)
 
 
 
 
 
Restructuring and cost reduction charges
$
—

$
—

$
—

$
5

$
5

Gains / (losses) on mark-to-market adjustments
1

(11
)
32

(120
)
$
(98
)
 










During 2018, the Company recorded the following in operating profit and other income (expense):
  
2018
(millions)
First
Second
Third
Fourth
Full Year
Operating profit
 
 
 
 
 
Restructuring and cost reduction charges
$
(20
)
$
(5
)
$
(64
)
$
(84
)
$
(173
)
Gains / (losses) on mark-to-market adjustments
30

3

(11
)
(15
)
7

 










Other income (expense)
 
 
 
 
 
Restructuring and cost reduction charges
$
—

$
—

$
30

$
—

$
30

Gains / (losses) on mark-to-market adjustments
9

2

36

(397
)
$
(350
)