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REPORTABLE SEGMENTS
 12 Months Ended
Dec. 28, 2024
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
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 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.

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. 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 year ended December 28, 2024 were as follows:
Reportable segments
(millions)North AmericaEuropeLatin AmericaAMEACorporateConsolidated
Net sales from continuing operations$6,580 $2,499 $1,261 $2,413 $(4)$12,749 
  Cost of goods sold4,155 1,675 842 1,700 (168)8,204 
  Selling, general, and administrative expense1,153 505 277 415 322 2,672 
Operating profit$1,272 $319 $142 $298 $(158)$1,873 
Reportable segment results for the year ended December 30, 2023 were as follows:
Reportable segments
(millions)North AmericaEuropeLatin AmericaAMEACorporateConsolidated
Net sales from continuing operations$6,574 $2,501 $1,265 $2,785 $(3)$13,122 
  Cost of goods sold4,256 1,667 854 2,063 (1)8,839 
  Selling, general, and administrative expense1,294 477 281 452 274 2,778 
Operating profit$1,024 $357 $130 $270 $(276)$1,505 
Reportable segment results for the year ended December 31, 2022 were as follows:
Reportable segments
(millions)North AmericaEuropeLatin AmericaAMEACorporateConsolidated
Net sales from continuing operations$6,330 $2,310 $1,089 $2,933 $(9)$12,653 
  Cost of goods sold4,193 1,537 732 2,245 135 8,842 
  Selling, general, and administrative expense1,230 444 241 436 249 2,600 
Operating profit$907 $329 $116 $252 $(393)$1,211 
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.
(millions)202420232022
Depreciation and amortization
North America (a)$209 $180 $187 
Europe (a)124 80 81 
Latin America32 35 34 
AMEA54 65 94 
Total Reportable Segments419 360 396 
Corporate8 6 8 
Consolidated$427 $366 $404 
Interest expense
North America$5 $1 $1 
Europe68 68 20 
Latin America6 4 2 
AMEA19 23 22 
Corporate213 207 156 
Consolidated$311 $303 $201 
Income taxes
Europe$29 $42 $38 
Latin America43 34 24 
AMEA59 45 42 
Corporate & North America173 137 76 
Consolidated$304 $258 $180 
(a) Includes asset impairment charges as discussed in Note 16.

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.
(millions)202420232022
Additions to property
North America$242 $249 $168 
Europe128 122 107 
Latin America103 75 45 
AMEA137 102 69 
Corporate18 21 12 
Consolidated$628 $569 $401 
The Company’s largest customer, Wal-Mart Stores, Inc. and its affiliates, accounted for approximately 16% of consolidated net sales during 2024, and 15% and 16% of consolidated net sales from continuing operations during 2023 and 2022, respectively, comprised principally of sales within the United States.
Supplemental geographic information is provided below for net sales to external customers and long-lived assets (property and right-of-use lease assets):
(millions)202420232022
Net sales from continuing operations
United States$6,253 $6,279 $6,061 
Nigeria724 1,113 1,322 
Poland50 41 23 
All other countries5,722 5,689 5,247 
Consolidated$12,749 $13,122 $12,653 
Long-lived assets from continuing operations
United States$1,761 $1,847 $1,872 
Nigeria63 84 153 
Poland415 390 320 
All other countries1,596 1,552 1,355 
Consolidated$3,835 $3,873 $3,700 
Supplemental product information is provided below for net sales from continuing operations to external customers:
(millions)202420232022
Snacks$8,120 $8,105 $7,563 
Cereal2,700 2,736 2,618 
Frozen1,096 1,095 1,097 
Noodles and other833 1,186 1,375 
Consolidated$12,749 $13,122 $12,653