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Created

by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE1
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Kraft
Foods as
Group,
Inc.
(Exact
name of
registrant
specified
in its charter)
Virginia
36-3083135
(State
or other
of Illinois
incorporation
orjurisdiction
organization)
(I.R.S.
Employer
Identification No.)
Three
Lakes
Drive,
Northfield,
60093-2753
(Address
of principal
executive
offices)
(Zip
Code)

Created
by EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE2
Form
Type:
10-K
Period
End:
Dec
28,2014
2013
Date
Filed:
21,
Item
13.
Independence
14.- Feb
Principal
Accountant
Fees
and Services
Part
IV
Item
15.
Exhibits
and
Statement
Schedules
Signatures
Valuation
andFinancial
Qualifying
Accounts

S-1

80
81
84

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE3
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Beverages
Cheese
Refrigerated Meals
Meals & Desserts
Enhancers & Snack Nuts
Canada
Other Businesses

ne,
Inc.
3INC.

Maxwell
House,
Gevalia,
andTime
Yuban
coffees;
Tassimo hotand
beverage
system
(under
license);
Capri
Sun (under
license)
and
Kool-Aid
packaged
juice
drinks;
Crystal
Light,
Kool-Aid,
and
Country
powdered
beverages;
MiO,
Crystal
Light,
and
Kool-Aid
liquid
concentrates.
Kraft
and
Cracker
Barrel
natural
cheeses;
Philadelphia
cream
cheese;
Kraft
and
Deli
Deluxe
processed
cheese
slices;
Velveeta
and Cheezand
Whiz
processed
cheeses;
Kraft
grated
and
cheeses;
Polly-O
and
Athenos
cheese;
and shredded
Breakstone's
Knudsen
cottage
cheese
and
sour
cream.
Oscarsoy-based
Mayerlunch
coldmeat
cuts,alternatives.
hot dogs,Claussen
and bacon;
Lunchables
combinations;
pickles; and
Boca
Kraft
andSkillets
Kraft
Deluxe
macaroni
and
cheese
dinners;Velveeta
shells
and
cheese
dinners;
JELL-O
packaged
desserts;
JELL-O
refrigerated
gelatin
and dry
pudding
snacks;
Cool
Whip
whipped
topping;
Stove
Top
stuffing
mix;
Jet-Puffed
marshmallows;
Velveeta
Cheesy
and
Taco
Bell
Home
Originals
(under
license)
meal
kits;
Shake
'N
Bake
coatings;
and
Baker's
chocolate
and
baking
ingredients.
Planters
nuts,
butter,
and
trail mixes;
Kraft
Mayo
andpeanut
Miracle
Whip
spoonable
dressings;
Good
Seasons
salad
dressings;
A.1.
steak sauce;
andpremium
Bull's-Eye
barbecue
sauces;
and
Grey
Poupon
mustards.
Canadian
brand
offerings
include
Kraft
peanut
butter
Nabobnames
coffee,similar
as welltoasthose
a range
of products
brand
marketed
in the bearing
U.S. and
Our
other
businesses,
including
our
Foodservice
and
Exports
businesses,
primarily
branded
products
including
Philadelphia
cream
cheese,
A.1. steak
and
a broad
array of sell
Kraft
sauces,
dressings
andsauce,
cheeses.

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE4
Form
Type:
10-K
Period
End:
Dec
28,
2013
Date
Filed:
21,
2014
Net
Revenues
by
Product
Category
the
years
ended
December
28,
2013,
29,10%
2012,
December
31, 2011,
Product
categories
that December
contributed
orormore
to consolidated
net the
revenues
for
were:
For
Years
December
28,
2013
29,Ended
2012
Cheese
dairy
32%
Meat
andand
meat
alternatives
15%
Meals
11%
Refreshment
Beverages
10%
Enhancers
9% December

31%
15%
11%
10%

December 31, 2011 10%


30%
15%
11%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
NAME_AND_TITLE
Form
Type:
10-K
Period
End:
Dec
28,2014
2013INC.
Date
Filed:
21,
Name
John
T. Bianco
Cahill
W.
Anthony
Vernon
Dino
J.
Thomas
F.
Corley
Charles
W.
Davis
Adrienne
D.
Elsner
Georges
El-Zoghbi
Robert
Gorski
Jane
S.J.Hilk
Diane
May
Christopher
J. Kempczinski
Teri
Michael
Osanloo
Sam
B.Johnson
Rovit
Kim List-Stoll
K.
W.
Rucker

Age

56
58
52
51
57
50
47
61
53
55
45
51
47
56
47

Title
Executive
Chairman
Chief
Executive
Officer and
Director
Beverages
Executive
Vice
President
and
President,
U.S.
Retail
Sales
and Exports
Foodservice
President,
Research,
Development,
Quality
and
Innovation
Chief
Marketing
Officer
Executive
Vice
President,
Cheese
&
Dairy
and
President,and
Integrated
Supply
Chain
Executive
Vice President
President
and
President,
Enhancers
Snack
Nuts
President,
Human
Resources
Executive
Vice
President
and
President,
Canada
Chief
Financial
Officer
Meals
& &
Desserts
Executive
Vice
President
and
President,
Oscar
Mayer
and
Strategy
ExecutiveCounsel
Vice President,
Corporate
& Legal Affairs,
General
and Corporate
Secretary

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE5
Form
Type:
10-K
Period
End:
Dec
28,
2013INC.
Date
Filed:
21,
2014
Kraft
Performance
Date
Group
S&P
Group
September
17,
2012
$ Foods
100.00
$ 500Removed]]
100.00
###
28,
2012
99.59 [[Image
96.64 Peer
101.55
December
27,
2013
125.20
129.60
136.61

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE6
Form
Type:
10-K
Period
End:
Dec
28,Financial
2013
Date
Filed:
21,
2014
Kraft
Foods
Group,
Inc.
Selected
Data - Five Year
Review18,218
December
28,
2013
Year
Ended:
Net
revenues
$
from
continuing
operations
2,715
Earnings
and
gain
from
discontinued
operations,
net
of
income
taxes
Net
earnings
$
2,715
Earnings
from
operations
per continuing
share(1):
Basic
4.55
Diluted
$
4.51
Net
cash
provided
by
operating
activities
2,043
Capital
expenditures
557
Depreciation
393
As
of:
assets
23,148
Long-term
debt
9,976
Total
equity
5,187
Dividends
declared
per share
$
2.05

December
29,
31,
2012of December
2011
(in millions
dollars,
except
per share data)
$
18,271
$
18,576
1,642
1,775
$
1,642
$
1,775
2.77
$
2.75
$
3.00
3,035
2,664
440
401
428
364
23,179
21,389
9,966
27
3,572
16,588
$
0.50 $
-

31,
2010
s, except perDecember
share data)
$
17,739
1,890
1,644
$
3,534
$
3.20
828
448
354
21,448
31
17,037
$
-

December
31,
2009
$$
17,232
1,896
218
2,114
$
3.21
3,017
513
348
22,039
48
17,511
$
-

Created
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EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE7
Form
Type:
10-K
Period
End:
Dec
28,2014
2013INC.
Date
Filed:
21,
Summary
of
Results
Net
revenues
Operating
income
earnings
Diluted
earnings
per share(1) $

For
theper
Years
December
28,
December
29,Ended
31,
2013
2012 December18,576
2011
(in millions,
share
data)
$
18,218
$
18,271
4,591
2,670
2,828
2,715
1,642
1,775
4.51 except
$
2.75
3.00

2013 v. 2012
-0.30% (1.6
71.90%
(5.6
65.30%
(7.5
64.00%
(8.3

2012 v.
)%
)%2011

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE8
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Net
Revenues
Net
revenues
Impact
foreign
currency
Sales
toofNet
Mondel?z
International
Organic
Revenues
(1)
Volume/mix
Net
pricing
Net
revenues
divestitures
53rd
week
of (1)
shipments in 2011
Impact
foreign
currency
Sales
toofNet
Mondel?z
International
Organic
Revenues
Volume/mix
Net
pricing

For
the
Years Ended December 29,
December
28,
2013
(in
millions)
$
18,218
73
(147)
$
18,144
the
Years Ended
December
29, For
2012
(in
$
18,271
-millions)
21
(114)
$
18,178

2012

December
$
$ 29,

2012
18,271
- (0.3
0.40 )%
pp
(114)
(0.2 % Change
)pp
18,157
(0.1
)%
0.50
pp
(0.6
)pp

For the
Years Ended December
31,
(in millions)
$
$

2011
18,576
(91)
(225)
(100)
18,160

%
Change
(1.6
)%
0.40
1.30
0.10
(0.1
)pp
(2.8 0.10%
2.90 pp
pp

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE9
Form
Type:
10-K
Period
End:
Dec
28,2014
2013
Date
Filed:
21,
Operating
Income
Operating
Income
forpricing
the
Years
Ended December
29,
2012
December
31,
2011
(Lower)
/ and
higher
net
Lower
/
(higher)
product
costs
Favorable
/
(unfavorable)
volume/mix
selling,
general
and
administrative
Lower
/
(higher)
cost
savings
initiativeson
expenses
Impact
of
the
53rd
week
of
shipments
in 2011
in
unrealized
gains
/ (losses)
hedging
activities
Change
in
market-based
impacts
to
postemployment
benefit
plans
Other,
net
Operating
Income
for the
Years
Ended December
28,
2013
and
December
29,
2012

Operating
(in
$ millions)Income
2,670
(109)
72
40
131
13
-8
1,784
(18)
$
4,591

Operating
Income
$
2,828
526
(42)
(229)
55
(303)
(62)
77
(153)
(27)
$
2,670

2013 v. 2012
2012point)
v. 2011
(percentage
(3.40)
18.70
2.30
(1.50)
1.20
(8.10)
4.10
1.90
0.80
(10.50)
(2.50)
0.20
2.80
67.20
(5.40)
(0.50)
(1.00)
71.90%
-5.60%

Created
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EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE10
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Diluted
EPS
for
theweek
Years
Ended
December
29, 2012
and
December
31,
2011
Increase
operations
Change
in
cost
savings
initiatives
expenses
Impact
of
the
53rd
of
shipments
in 2011
unrealized
gains
/ (losses)
on
hedging
activities
Change
inin
market-based
impacts
to
postemployment
plans
Higher
interest
and
expense,
net
Royaltynet
income
from
Mondel?z
Changes
in
taxes
Other,
Diluted
EPS
for2012
the other
Years
EndedInternational
December
28, 2013 benefit
and
December
29,

Diluted EPS
$
2.75
0.14
0.02
0.01
1.90
(0.27)
(0.04)
0.03
(0.03)
$
4.51

Diluted EPS
$
3.00
0.33
(0.32)
(0.07)
0.08
(0.15)
(0.27)
(0.01)
0.21
(0.05)
$
2.75

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE11
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
December 28,
Net
revenues:
Beverages
Cheese
Refrigerated
Meals
Meals
&
Desserts
Enhancers
&
Snack
Nuts
Canada
Other
Businesses
Net revenues

For
the
Years
December
29,
2013
2012
(in
millions)
$
2,681
$ Ended 2,718
3,925
3,829
3,334
3,280
2,305
2,311
2,101
2,220
2,037
2,010
1,835
1,903
$
18,218
$
18,271

Earnings
before
income
taxes:
Operating
income:
Beverages
Cheese
Refrigerated
Meals
Meals
& corporate
Desserts
Enhancers
&Certain
Snack
Nuts
Canada
Other
Businesses
Unrealized
gains
/ (losses) on hedging
postemployment
benefit activities
plan income / (costs)
General
expenses
Operating
income

December 31,
December
28,
2013
$
349
634
329
665
529
373
227
21
1,622
(158)
$
4,591

2011

December
$ 31,
$

2011
2,990
3,788
3,313
2,271
2,259
1,967
1,988
18,576
ForDecember
the
Years
29,
December
31,
2012
2011
(in millions)
$ Ended
260
$
450
618
629
379
319
712
722
592
594
301
302
180
182
13 $
(64)
(305)
(240)
(80)
(66)
$
2,670
2,828

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE12
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Beverages
Net
revenues
Organic
Net
Revenues(1)
Segment
operating
income
Net revenues
Organic
Net
Revenues(1)
Segment
operating
income

For
December
28,Ended 2,681
December
2013
2012
$ the Years
$ millions)29,
2,718
349 (in
260 $$Change (37)
89
For
the
Years
Ended
December
29,
December
31,
2012
2011
$
2,718
$ millions) 2,990
2,866
(148)
260 (in
450 $$Change (272)
(190)

% Change
(1.4
)%
34.20%
% Change
(9.1
(5.2
(42.2

)%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE13
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Cheese
Net
revenues
Organic
Net
Revenues(1)
Segment
operating
income
Net revenues
Organic
Net Revenues(1)

For
December
28,Ended 3,925
December
2013
2012
$ the Years
$ millions)29,
3,829
3,874
3,817
634 (in
618 $
For
December
29,Ended 3,829
2012 December
2011 $
(in
$ the Years
$ millions)31,
3,788
3,817
3,742

Change
$
96
57
16
Change
$
41
75

% Change
2.50%
1.50%
2.60%
% Change
1.10%
2.00%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE14
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Refrigerated
Meals
Net
revenues
Organic
Net
Revenues(1)
Segment
operating
income
Net revenues
Organic
Net
Revenues(1)
Segment
operating
income

For
Years
December
28,Ended
December
29,
2013
2012
$ the
$ millions)
3,280
329 (in
379 $
For
December
29,Ended 3,334
2012
2011
(in
$ the Years
3,280
$ millions)31,
3,313
3,270
379 December
319 $

Change
$
54
(50)
Change
$
(33)
10
60

% Change
1.60%
-13.20%
% Change
-1.00%
0.30%
18.80%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE15
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Meals
& Net
Desserts
Net
revenues
Organic
Revenues(1)
Segment
operating
income
Net revenues
Organic
Net Revenues(1)

For
Years
December
28,Ended
December
2013
2012
$ the
$ millions)29,
2,311
665 (in
712 $
For
December
29,Ended 2,305
December
2012
2011
$
(in
$ the Years
2,311
$ millions)31,
2,271
2,242

Change
$
(6)
(47)
Change
$
40
69

% Change
-0.30%
-6.60%
% Change
1.80%
3.10%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE16
Form
Type:
10-K
Period
End:
Dec
28,2014
2013
Date
Filed:
21,
Enhancers
&Revenues(1)
Snack
Nuts
Net
revenues
Organic
Net
Segment
operating
income
Net revenues
Organic
Net
Revenues(1)
Segment
operating
income

For
Years
December
28,Ended
December
29,
2013
2012
$ the
$ millions)
2,220
$Change (124)
(119)
2,093
2,217
529 (in
592 $
(63)
For
December
29,Ended 2,101
2012
2011
(in
$ the Years
2,220
$ millions)31,
2,259
2,217
2,233
(16)
592 December
594 $$Change (39)
(2)

%
Change
(5.4
(5.6
(10.6
%
Change
(1.7
(0.7
(0.3

)%
)%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE17
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Canada
Net
revenues
Organic
Net
Revenues(1)
Segment
operating
income
Net revenues
Organic
Net Revenues(1)

For
Years
December
28,Ended
December
29,
2013
2012
$ the
$ millions)
2,010
2,086
2,006
373 (in
301 $
For
December
29,Ended 2,037
December
2012
2011
$
(in
$ the Years
2,010
$ millions)31,
1,967
2,024
1,939

Change
$
27
80
72
Change
$
43
85

% Change
1.30%
4.00%
23.90%
% Change
2.20%
4.40%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE18
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Other
Businesses
Net
revenues
Organic
Net
Revenues(1)
Segment
operating
income
Net revenues
Organic
Net
Revenues(1)
Segment
operating
income

For
Years
December
28,Ended
December
29,
2013
2012
$ the
$ millions)
1,903
$Change (68)
1,771
1,808
(37)
227 (in
180 $
47
For
December
29,Ended 1,835
2012
2011
(in
$ the Years
1,903
$ millions)31,
1,988
1,811
1,868
(57)
180 December
182 $$Change (85)
(2)

%
Change
(3.6
)%
(2.0
26.10%
%
Change
(4.3
(3.1
(1.1
)%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE19
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013
Date
U.S.
pension
plan
benefit
Non-U.S.
pension
plan
(benefit)
/ cost
Postretirement
health
care
(benefit)
/
cost
Other
postemployment
benefit
plan
cost
Employee
savings
plan
cost
pension
Multiemployer
medical
plan
contributions
Net
(benefit)
/
expense
for
employee
benefit plans

December
28,
December
2013
2012
$
(951)
$ millions)29,
(43)
(117)
29
(219)
221
1 (in
7
61
12
2
1
27
5
$
(1,196)
$
232

December
31,
2011
$
82
42
-$
124

Created
by EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE20
FormFiled:
Type:
10-K
Period
End:
Dec
28,2014
2013INC.
Date
21,
annual
service
and interest
cost
Effect onFeb
postretirement
benefit
obligation

One-Percentage-Point
Increase
(in
$ millions)

21 Decrease
$
(17)
340
(284)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE21
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
discount
rate
pension
costs $
Effect
in costs
actual
of on
return
on plan
assetsof
onchange
pension
discount
rate
on
postretirement
health
carerate
costs

U.S.
Plans
Fifty-Basis-Point
Increase
(393)
(28)
(166)

Plans (84)
Fifty-Basis-Point
Decrease
Increase
(in
$ millions)439
$
$
91
28 Non-US.
(6) Decrease
6
183
(10)
12

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE22
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Pension
plan
cost
Postretirement
health
cost
Employee
savings
plancare
costbenefit
pension
Multiemployer
medical
plan
cost plans
Net
expense
for
employee

Allocated
from Mondel?z International Plans
(in
$
$ millions)

2012
283
142
49
2 $
15
491
$

2011
261
160
54
2
20
497

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE23
Form
Type:
10-K
Period
End:
Dec
28,2014
2013
Date
Filed:
21,
Aggregate
Contractual
TheObligations:
following table summarizes
obligations at
December
28, Due
2013.
Payments
Total
2014
(in
Long-term
debt
(1)
$ our contractual
10,000
-6 2015-16
$ millions)
1,400
Interest
expense
(2)
7,120
462
855
Capital
leases
(3)
40 $
11
Operating
leases
(4)
496
109
156
Purchase
obligations:
(5)
Inventory
and
production
3,144
2,748
390
Other long-term
435
162
194
3,579
2,910
584
Pension
contributions
(6) costs
1,000
200
400
Other
liabilities
(7)
1,988
202
407
Total
$
24,223
$
3,889
$
3,813

28, 2013.

and 6,565
2017-18
Thereafter
$
2,035
$
798
5,005
8 2019
15
105
126
3
53
26
56
29
-3
400
979
$
3,802
$
12,719

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE24
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Year
Ended
December
28, 2013
Beverages
Cheese
Refrigerated
Meals
Meals
&
Desserts
Enhancers
&
Snack
Nuts
Canada
Other
Businesses
Total
Year
Ended
29, 2012
Beverages
Cheese
Refrigerated
Meals
Meals
& Desserts
Enhancers
&December
Snack Nuts
Canada
Other
Total Businesses

Net
Impact
of
Revenues
Currency
$
2,681
$
3,925
3,334
2,305
2,101
2,037
1,835
18,218
$
2,718
$
3,829
3,280
2,311
2,220
2,010
1,903
$
18,271 $

2013
---8
65
73
-

Year
Ended
29, 2012
Beverages
Cheese
Refrigerated
Meals
Meals
& Desserts
Enhancers
&December
Snack Nuts
Canada
Other
Businesses
Total
Year
Ended
31, 2011
Beverages
Cheese
Refrigerated
Meals
Meals
& Desserts
Enhancers
&December
Snack Nuts
Canada
Other
Businesses
Total

Net
Impact
of
Revenues
$
2,718
$
3,829
3,280
2,311 Currency
2,220
2,010
1,903
$
18,271
$
2,990
3,788
3,313
2,271
2,259 $
1,967
1,988
$
18,576

--3
18
21
---

Compared
Sales
to to 2012 (51)
Mondel?z
International
(in
$ millions)
--(8)
(16)
(72)
(147)
$$
(12)
(3)
(4)
(95)
$
(114)
Sales
to
Mondel?z
International
$
$
$

2012
(12)
--(3)
(4)
(95)
(114)
(100)

Organic
Net
$ Revenues
2,681
3,874
3,334
2,305
2,093
2,086
1,771
18,144
$
2,718
3,817
3,280
2,311
2,217
2,006
1,808
$
18,157
Compared
Impact
Divestitures
(in
$ millions)
- toof2011
$
$
$

-###
(87)
###
(4)
(91)

Impact
of 53rdinWeek
of$Shipments
2011
-$
(37)
(46)
(43)
(29)
(26)
(24)
(20)
$
(225)

Organic
Net
$ Revenues
2,718
3,817
3,280
2,311
2,217
2,024
1,811
$
18,178
2,866
3,742
3,270
2,242
2,233
1,939
1,868
$
18,160

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE25
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Pre-Tax Earnings
At 12/28/13 7 $2
Average
High Impact8 $2
Low
Instruments
sensitive
to:
Foreign
currency
rates
$2
Commodity
prices
7 $2
Interest
rates
Pre-Tax Earnings
At
Instruments
sensitive
to:
Foreign rates
currency
rates
$2 12/29/12 6 Average
$2
$3 Impact
$1
Commodity
prices
13 High
18 Low
Interest

7 At
$ 12/28/13
32
6 At
$ 12/29/12 59

Fair
Value Impact
Average
$ Value Impact 46 High
$
Fair
Average
$
42 High
$

71 Low
$
59 Low
$

32
14

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
INCOME_STATEMENT
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,
2013
Date
2014
Group,
Consolidated
Statements
ofInc.
Earnings
(in
millions
ofKraft
U.S. Foods
dollars,
except
per
share data)
December
28,
2013
Net
revenues
$
18,218
Cost
ofimpairment
sales
11,395
Gross
profit
6,823
Selling,
general
and
administrative
expenses
2,124
Asset
and
exit
costs
108
Operating
income
4,591
Interest
and
other
expense,
net International
(501)
Royalty
income
from
Mondel?z
Earnings
before
income
taxes
4,090
Provision
for
income
taxes
1,375
Net share
earnings
$
2,715
Per
data:
Basic
earnings
per
4.55
Diluted
earnings
pershare
share
4.51
Dividends
declared
$
2.05

For
December
29,Ended18,271
December
31,
2012
2011
$ the Years
$
18,576
12,499
12,813
5,772
5,763
2,961
2,937
141
(2)
2,670
2,828
(258)
(7)
41 $
55
2,453
2,876
811
1,101
$
1,642
1,775
2.77
$
2.75
$
3.00
0.50
-

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE26
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Kraft
Foods
Inc.
Consolidated
Statements
Comprehensive
Earnings
(in
millions
ofofGroup,
U.S.
dollars)
December
28,
2013
Net
earnings
$
2,715
Other
comprehensive
earnings
/ (losses):
Currency
translation
adjustment
(68)
Postemployment
benefits:
Prior
service
credits
during
the period
31
Amortization
ofgains
service
credits
(22)
Tax
(expense)
// prior
benefit
(3)
Derivatives
accounted
for as
hedges:
Net
derivative
/arising
(losses)
33
Amounts
from
accumulated
other
comprehensive
earnings
4
Tax
(expense)
benefit
(14)
Total
otherreclassified
comprehensive
losses
(39)
Comprehensive
earnings
$
2,676

For
December
29,Ended 1,642
31,
2012
2011
$ the Years
$
1,775
36
(100)
- 2 December
###
(6)
(322)
(5)
112
(75)
80
30
(98)
(150)
$
1,544
$
1,625

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
BALANCE_SHEET
Form
Type:
10-K
Period
End:
Dec
28,2014
2013
Date
Filed:
21,
Kraft
Foods
Inc.
Consolidated
Balance
Sheets
(in
millions
ofGroup,
U.S.
dollars)
ASSETS
Cash
and
cash
equivalents
Receivables
(net
of equipment,
allowances net
of $26 in 2013 and $28 in
2012)
Inventories,
net
Deferred
income
taxes
Other
current
assets
Total
current
assets
Property,
plant
and
Goodwill
Intangible
assets,
net costs
Other
assets
TOTAL
ASSETS
LIABILITIES
Accounts
payable
Accrued
marketing
employment
Dividends
payable
Accrued
postretirement
health
care
costs
Other
current
liabilities
Total
current
liabilities
Long-term
debt
Deferred
income
taxes
pension
costs
Accrued
postretirement
health
care
costs
Other
liabilities
TOTAL
LIABILITIES
Commitments
and
(Note
11)December
EQUITY
Common
stock,
no
par
value
(5,000,000,000
shares 28, 2013
authorized;
596,843,449
shares
issued
at
and
592,783,696
at
December
29,
2012)
Additional
paid-in
capital
Retained
earnings
/Contingencies
(deficit)
Accumulated
other
comprehensive
losses
Treasury
stock,
at
cost
EQUITY
TOTAL
LIABILITIES
AND EQUITY

December
28,
2013
$
1,686
1,048
1,616
360
198
4,908
4,115
11,505
2,229
391
23,148
$
1,548
685
184
313
197
483
3,410
9,976
662
405
3,080
428
17,961
4,434
1,281
(499)
(29)
5,187
$
23,148

December
29,
2012
$
1,255
1,089
1,928
420
131
4,823
4,204
11,599
2,228
325
23,179
$
1,556
740
194
296
236
584
3,606
9,966
138
1,990
3,502
405
19,607
4,240
(206)
(460)
(2)
3,572
$
23,179

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
STOCKHOLDERS_EQUITY
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Balance
at January
1,
2011
Comprehensive
earnings
/
(losses):
Net
earnings
Other
comprehensive
losses,
net
ofDecember
income
taxes
Net
transfers
to
Mondel?z
International
Balances
at
31,/
2011
Comprehensive
earnings
(losses):
Net
earnings
Consummation
of
spin-off
transaction
on
October
1,
2012
Other
comprehensive
losses,
net
of
income
taxes
Net
transfers
to
/
from
Mondel?z
International
Exercise
of
stock
options
and
issuance
of29,/
other
stock
awards
Dividends
declared
($0.50
per
share)
Balances
at
December
2012
Comprehensive
earnings
(losses):
Net
earnings
Other
comprehensive
losses,
net
of
income
taxes
Exercise
of
stock
options,
issuance
of and28,
stock
awards,
other
Dividends
declared
($2.05
per
share)
Balances
at
December
2013

Consolidated
Statements
ofInc.
Equity
Kraft
Foods
(in
millions
of Group,
U.S. dollars)

Common
Stock
$
---$
---$
-$
-

Additional
Paid-in
Capital
$
---$
4,208
-32
$
4,240
-194
$
4,434

Kraft Foods Group Shareholders'


Parent
Retained
Company
Investment
/Earnings
$
17,012
$(Deficit) Equity
1,775
--###
(2,074)
$
16,713
$
1,552
90
(7,670)
-###
(10,595)
###
-(296)
$
$
(206)
2,715
###
--###
(1,228)
$
$
1,281

Accumulated
Other
Comprehensive
Earnings
/ (Losses) 25
$
-(150)
$
(125)
(233)
(98)
(4)
-$
(460)
(39)
$
(499)

Treasury
Stock
$
$
$
$

###
--###
###
-(2)
###
(2)
###
(27)
###
(29)

Total
Equity
$
$
$
$

17,037
1,775
(150)
(2,074)
16,588
1,642
(3,695)
(98)
(10,599)
30
(296)
3,572
2,715
(39)
167
(1,228)
5,187

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
CASH_FLOW
Form
Type:
10-K
Period
End:
Dec
28,2014
2013
Date
Filed:
21,
Kraft
Foods
Inc.
Consolidated
Statements
of Cash Flows
(in
millions
ofGroup,
U.S.
dollars)
CASH
PROVIDED
BY / (USED
IN) OPERATING
ACTIVITIES
Net
earnings
Adjustments
to
reconcile
earnings
to benefit
operating
cash
flows:
Depreciation
Stock-based
compensation
expense
Deferred
income
tax
provision
Asset
impairments
Market-based
impacts
to net
postemployment
plans
Other
non-cash
expense,
net
Change
in
assets
and
liabilities:
Receivables,
net
Inventories,
net
Accounts
payable
assets
Other
current
liabilities
Change
in
pension
and
postretirement
assets and
liabilities,
net
Net
cash
provided
by
operating
activities
CASH
(USED
IN)
// PROVIDED
BY
INVESTING
ACTIVITIES
Capital
expenditures
Proceeds
from
sale
of property,
plant
and
equipment
Net
cash
used
in
investing
activities
CASH
(USED
IN)
PROVIDED
BY
FINANCING
ACTIVITIES
repaid
Long-term
debt
proceeds
Dividends
paid
Net
transfers
to
Mondel?z
International
Proceeds
from
stock
option
exercises
Other
financing
activities
Net
cash
used
in
financing
activities
Effect
of
exchange
rate
changes
on
cash
and cash
equivalents
Cash
andat
equivalents:
Increase
/ cash
(decrease)
beginning
of period
Balance
end
of period
Cash paid:
Interest
Income
taxes

December
28,
2013
$
2,715
393
65
708
28
(1,561)
138
35
235
45
(9)
(217)
(532)
2,043
(557)
131
(426)
(4)
(1,207)
96
(56)
(1,171)
(15)
431
1,255
$
1,686
$

481
799

For
December
29,Ended 1,642
2012
$ the Years
428
54
470
28
223
159
220
21
(241)
(61)
205
(113)
3,035
(440)
18
(422)
(8)
5,963
-(7,210)
14
(117)
(1,358)
$
1,255
152
$
236

December
31,
2011
$
1,775
364
51
41
70
150
238
(169)
226
(88)
84
(78)
2,664
(401)
-(401)
(9)
###
(2,238)
(18)
(2,265)
###
(2)
$
-2
$

10
959

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE27
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
December
29,
2013
2012
(in
Raw
materials
$ millions)28,
453
$
535
Work
in process
294 December
326
Finished
product
869
1,067
Inventories,
net $
1,616
$
1,928

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE28
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013
Date
Filed:
Note
3. Property,
Plant
and Equipment
Property,
plant
and equipment
at December 28, 2013
December
2012 were:
December
28,
December
29,
2013
2012
(in
millions)
Land
$ and
72 29,
119
Buildings
and
improvements
1,806
1,996
Machinery
and
equipment
5,584
5,922
Construction
in
progress
360
365
7,822
8,402
Accumulated
depreciation
(3,707)
(4,198)
Property,
plant
and
equipment, net $
4,115
$$
4,204

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE29
Form
Type:
10-K
Period
End:
Dec
28,
2013
Date
Filed:
2014
Goodwill
by
reportable
segment
December
28,
201328,
and
December 29, 2012
was:
Note
4.21,
Goodwill
andatIntangible
Assets
December
29,
2013
2012
(in
Beverages
$ millions)
1,290
$
1,290
Cheese
3,000
3,000
Refrigerated
Meals
985 December
985
Meals
&
Desserts
1,572
1,572
Enhancers
&
Snack
Nuts
2,644
2,644
Canada
1,141
1,225
Other
Businesses
873
883
Goodwill
$
11,505
$
11,599

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE30
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Balance
beginning
year
Acquisitions
Changesat
Balance
atdue
endtoofforeign
yearof currency

2013
2012
Intangible
Goodwill
assets,
at cost
$
11,599
2,228
11,569
- (in
(94)
- 1 Goodwill
30
$
11,505
$ millions)
2,229
$
11,599

Intangible
assets,
at cost
2,227
-1
$
2,228

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE31
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Restructuring
costs
- Asset
impairment
and
exit
costs
Implementation
costs
- Cost
of sales
Selling,
general
and
administrative
expensestransition
Spin-Off
costs
- Selling,
general
and
administrative
expenses

For
the Years
December
28,Ended
$
$

2013
108
77
65
32
282

December 29,
2012
$
141
97
34
31
$
303

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE32
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Beverages
Cheese
Refrigerated
Meals
Meals
&
Desserts
Enhancers
&
Snack
Nuts
Canada
Other
Businesses
Corporate expenses
Total

For
Restructuring
Implementation
Costs
Costs
$
19
$ the Year Ended December 28, 2013
26
18
14
12
10
-9 $
$
108

22
62
17
12
10
-7
142

For
Spin-Off
Transition
Restructuring
Implementation
Costs
Total
Costs
Costs
(in
$
$ millions) 41
$
44
$ the Year Ended December 29, 2012
88
26
35
19
26
15
24
17
17
--19
11
32 $
-9 $
$
32
$
282
141

19
72
11
9
8
5
-7
131

Spin-Off
Transition
Costs
Total
$
$
--$
31
$

63
98
30
24
25
14
18
31
303

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE33
Form
Type:
10-K
Period
End:
Dec21,
28,December
2013
Date
Filed:
2014
Restructuring
Costs
Liability:
At
28,
costs
liability
within other
current
liabilities
was
as follows:
Severance
and
Related
Asset
Write-downs
(in
Liability
balance,
December
30,2013,
2012 the
$ restructuringCosts
44balance
$ millions)
$
Restructuring
80
28
Cash
spent
oncosts
restructuring
costs
(61)
- Total
Non-cash
items
(44)
(28)
Liability
balance,
December
28,
2013
$
19
$
$

44
108
(61)
(72)
19

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE34
FormFiled:
Type:
10-K
Period
End:
Dec
28,2014
2013INC.
Date
21,
$4
2015
1,405
2016
4
2017
1,004
2018
1,037
Thereafter 2014
6,577

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE35
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Interest
expense
Other
expense,
net
Total interest
and
other expense, net

the Years
December
28,
December
29,Ended
2013
(in
$
479
$ millions)
22 For
501

2012
238
20
258

December
31,
2011
$4
3
$7

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE36
Form
Type:
10-K
Period
End:
Dec
28,
2013
Date
Filed:
21,
Consummation
of2014
Spin-Off
on issuance
October 1,
Exercise
of
stock
options
of
other
stock
awards
Balance
at
29,
2012
Exercise
of December
stock
options
and
issuance
of 2012
other
stock
awards
Balance
at
December
28, and
2013

Shares
Issued

592,257,298
526,398
592,783,696
4,059,753
596,843,449

Treasury
Shares
Outstanding592,763,708
- Shares
592,257,298
506,410
(19,988)
(589,011)
3,470,742
(608,999)
596,234,450

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE37
Form
Type:
10-K
Period
End:
Dec
28,2014
2013
Date
Filed:
21,
Kraft
Foods
Group
grants
Mondel?z
International
grants

Interest Rate
2013
1.04%
2012
1.16%
2011 Risk-Free
2.34%

Expected
Expected
Life
Volatility
19.40%
6 years
20.13%
18.92%

Expected
Value
Dividend Yield
at$ Grant
Date4.78
4.26%
4.41
3.08%
3.72% Fair
3.84

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE38
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Balance
at
30,
2012
Options
exercised
canceled
Balance granted
at December
December
28, 28,
2013
Exercisable
at December
2013

Weighted
Options 17,185,781
Average
Outstanding
Price
$
32.45
3,035,826
47.15
(3,151,538)
30.56
(749,414) Exercise
38.80
16,320,655
35.26
9,317,835
30.91

Average
Remaining
Contractual
Term
7
6

Average
Remaining
Aggregate
Contractual
Term years Intrinsic
Value
$
300 million
212

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE39
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Balance
Granted
Vested
Forfeitedat
Balance
at December
December 30,
28, 2012
2013

Number
Grant
DateAverage
Fair 35.32
of
Shares (1,380,626)
Value
Per
Share
3,920,541
$
2,064,111
53.05
30.48
(454,229) Weighted
42.29
4,149,797
44.99

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE40
Form
Type:
10-K
Period
End:
Dec
28,
2013
Date
Filed:
21,
2014
Pension
Plans
Obligations
and
Funded
Status:
The
projected
benefit
plan 2012
assets,
and funded
status
of ourDecember
pension Plans
plans
at
December
28, 2013
andobligations,
December
were:
U.S.
Non-U.S.
December
28,
December
29,
28,1,418
2013
2012
2013
(in millions)
Benefit
obligation
at
beginning
of
year
$29, Plans
7,130
$
Service
cost
100
32
21
Interest
287
70
55
Benefits
paid
(316)
(154)
(79)
Actuarial
(gains)
/ losses
(778)
(25)
(47)
Plan
amendments
--1
Currency
--9 $
---(98)
Transfer
from
Mondel?z
International
7,207
Settlements
(512)
Curtailments
(3)
(9)
Special
termination
benefits
61
Other
5
Benefit
obligation
at
end
of
year
5,978
7,130
1,267
Fair
value
plan
assets
at
beginning
of
year
5,460
1,089
Actual
return
on
plan
assets
654
122
144
Contributions
435
7
181
Benefits
paid
(316)
(154)
(79)
Currency
(82)
Transfer
from
Mondel?z
International
5,485
Settlements
(512)
Fair
value
of liability
plan assets
at end
of
year
5,721
5,460 $
1,253
Net
pension
recognized
at
end
of year
$
(257) $
(1,670)
(14)

December
29,
2012
$
573
12
32
(47)
52
--3
790
3
1,418
470
68
38
(47)
557
-3
1,089
$
(329)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE41
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Prepaid
pension
assets
Other
current
liabilities
Accrued
pension
costs

December
29,
2013
2012
(in
$$ millions)28,
162
$$
15
(28) December
(24)
(405)
(1,990)
(271)
(1,999)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE42
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Projected
obligation
Accumulated
benefit
obligation
Fair value benefit
of plan
assets

U.S.
Plans
December
December
28, 2013
December
2012 Non-U.S.
$ Plans 28, 2013 203
$ millions)29,
7,130
$
52
186
6,802
44
17 (in
5,460
-

December
29,
2012
$
1,319
1,205
975

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE43
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Discount
rate
Rate
of compensation
increase

U.S.
Plans 28, 20134.00%
December
4.94% December 29, 20124.00%
4.05%

Non-U.S.
DecemberPlans
28, 20133.00%
4.56% December 29, 20123.00%
4.00%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE44
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
U.S.
Plans
For
Years
December
28,
December
29,Ended (105)
December
2013
2012
2011
(in
Service
cost
$
100
$ the
32
$ millions)31,
Interest
287
70
Expected
return
on
plan
assets
(315)
Actuarial
(gains)
/
losses
(1,154)
(41)
-Amortization
of
prior
service
cost
4
Settlements
69
###
Curtailments
(3)
Special
termination
benefits
61
-- 1 $
###
Net pension
(benefit)
/ cost
$
(951) $
(43)
-

Plans
For
December
28,
December
29,Ended
2013
$
21
$ the Years
55 Non-U.S.
(57)
(128)
(9)
1
$
(117) $

December 31,
2012
2011
12
32 $7
26
(43)
(35)
28
84
###
-###
29
$
82

Created
by Feb
EDGAR
Inc.
KRAFT
FOODS
GROUP,
TABLE45
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,Online,
2013INC.
Date
Plans 29,
December 28,
December
December 31,
2013 U.S.
2012 N/A
2011
Discount
rate
4.34%
3.85%
Expected
rate of 2014
return
plan
assets
5.75%
8.00%
Rate
ofoncompensation
increase
4.00%
4.00%
N/A

December 28,
2013
4.00%
5.00%
3.00%

Non-U.S.
DecemberPlans
29,4.03%
2012 December 31,
2011
5.00%
7.04%
7.36%
3.00%
3.00%

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE46
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Asset
Category
Non-U.S.
equity
securities
Pooled
funds
equity
securities
Total
equity
securities
Government
bonds
Pooled
funds
fixed-income
securities
Corporate
bonds
and
other
fixed-income
securities
Total
fixed-income
securities
Real
Other
Total estate

Quoted
Significant
in$ Active
Markets 645
Other
for
Identical
Observable
Assets
Inputs
Total
(Level
1)Prices
(Level
2) 3,117
(in
millions)
$ Fair Value
645
$
3,123
6
3,768
651
719
621
98
642
642
1,566
1
1,565
2,927
622
2,305
214
###
8
8
$
6,917 $
1,281 $
5,422

Significant
Unobservable
Inputs
(Level
3)
$
-214
$

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE47
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Asset
Category
Non-U.S.
equity
securities
Pooled
funds
equity
securities
Total
equity
securities
Government
bonds
Pooled
funds
fixed-income
securities
Corporate
bonds
and
other
fixed-income
securities
Total
fixed-income
securities
Real
Other
Total estate

Quoted
Significant
in$ Active
Markets 707
Other
for
Identical
Observable
Total
Assets
Inputs
Value
(Level
1)Prices
2) 3,269
(in
millions)
$ Fair 3,976
707
$
3,269
- (Level
584
543
41
429
429
1,301
1,294
2,314
543
1,764
186
###
7
7
$
6,483 $
1,257 $
5,033

Significant
Unobservable
Inputs
(Level
3)
$
--7
186
$
193

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE48
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Asset
Category
Corporate
bonds
and other
fixed-income
securities
Real estate
Total
Level
3 investments

December
30,
Purchases,
2012
and
Unrealized 27
Issuances
and (2)
Balance
Gains/(Losses)
Settlements
(in
$7
$ Realized
- Net
$ millions)
186 Net
1
$
193
(1)

Net
28,
Into/(Out
2013
Level
3 of) (5)
Balance
$ Transfers
$
- December
214

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE49
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Asset
Category
Corporate
bond
and other
fixed-income
securities
Real estate
Total
Level
3 investments

January
1,
2012
Balance

Net
Realized
and
Gains/(Losses)
$ Unrealized

Purchases, 187
Issuances
Settlements
(in
- Net
7
(1)
$ millions)and 194

Net
Transfers
Into/(Out
Level
3 of)

December
29,
2012
Balance
7
186
$
193

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE50
Form
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Filed:
Asset
Category
Equity
securities
Fixed-income
securities
Real
Otherestate
Total

U.S.
Plans 28,
December
DecemberPlans
28, 100%
2013
2012
2013
53%
61%
61%
43%
36%
38%
4%
3%
0% December 29,
0% Non-U.S.
1%
100%
100%

December 29,
2012
64%
35%
1%
100%

Created
by Feb
EDGAR
Online,
Inc. our pension plans at December 28,
KRAFT
FOODS
GROUP,
INC.
TABLE51
Form
Type:
10-K
Period
End:
Dec
28,
2013
The
estimated
future
benefit
payments
Date
Filed:
21,
2014
Future
Benefit
2013
were:
U.S.
Plansfrom438
Plans 72
millions)
$Payments:
$
2015 (in
391 Non-U.S.
71
2016
403
2017
410
2018
412
71
2019-2023 2014
2,147
365

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE52
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,obligation
2013INC.
Date
2014
Accrued
benefit
at beginning of year
Service
cost
Interest
Benefits
paid
Plan
amendments
Currency
Actuarial
(gains)
/
losses
Special
termination
benefits
Transfer
from
Mondel?z
International
Accrued benefit obligation at end of year

December
December
29,
2013
2012
(in
$ millions)28,
3,738
$
35
143
32
(188)
(49)
(40)
(14)
(2)
(403)
187
--8
-6 $
3,562
$
3,277
3,738

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE53
Form
Type:
10-K
Period
End:
Dec
28,2014
2013INC.
Date
Filed:
21,
Discount
rate
Health
care
trend
ratethe
assumed
fortrend
nextrate
year
Ultimate
trend
rate
Year
that
thecost
rate
reaches
ultimate

December 28,
2013 December 29,
2012
4.69%
3.89%
7.28%
7.53%
5.03%
5.03%
2023
2023

Created
by EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE54
FormFiled:
Type:
10-K
Period
End:
Dec
28,2014
2013INC.
Date
21,
annual
service
and interest
cost
Effect onFeb
postretirement
benefit
obligation

One-Percentage-Point
Increase
(in
$ millions)

21 Decrease
$
(17)
340
(284)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE55
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Service
cost
Interest
Actuarial
(gains)
/ losses
Amortization
of prior
service
credit
Special
termination
benefits
Net
postretirement
health
care
(benefit) / cost

December
28,
2013
$$
35
143
(376)
(26)
5
(219)

For
the Years
December
29,Ended
(in
$8
$ millions)

December
31,
2012
2011
$
32
-188
(7)
###
221
$

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE56
Form
Type:
10-K
Period
End:
Dec
28,2014
2013INC.
Date
Filed:
21,
Discount
rate
Health
care
cost
trend
rate

December 28,
31,
2013 December 29,
2012 December
2011
3.89%
3.61%
7.53%
7.06%
N/A

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE57
Form
Type:
10-K
Period
End:
Dec
28,
2013
Our
estimated
future
benefit
payments
for our postretirement health care plans
Date
Filed:
21,
2014
Future
Benefit
Payments:
at
December
28,
2013
were:
2014
$ millions)201
2015
2016 (in
2017
2018
200
2019-2023
979

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE58
Form
Type:
10-K
Period
End:
Dec21,
28,2014
Date
Filed:
Other
Postemployment
Benefit Plans
Obligations:
Our
other
postemployment
plans
are primarily
not funded.
The changes
in and the
amount
of2013
the accrued
benefit
obligation
at December
28, 2013
and December
29,
2012
were:
December
December 29,
2013
2012
(in
Accrued
benefit
obligation
at beginning of year
$ millions)28,
63
52
Service
4
Interest cost
2
Benefits
paid
(6)
(10)
Actuarial
gainsMondel?z
(2)
(1)
Transfer
from
International
-2 $
15
Other
(4)
1
Accrued
benefit
obligation
at end of year
$
55
$
63

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE59
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Service
cost
Interest
Actuarial
(gains)
/ losses cost
Other
Net
other
postemployment

the Years
December 28,
December
29,Ended
2013
(in
$2
$4
2 For
(2)
(1)
$1
$7 millions)

2012
1
-2

December 31,
2011
$2
1
23
16
$
42

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE60
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Derivatives
designated
as hedging
instruments:
Commodity
contracts
Foreign
exchange
contracts
Derivatives
not
designated
as
hedging
instruments:
Commodity
contracts
Total fair value

December
28,
29,
2013
2012
Assets
Liabilities
Assets
millions)- December
$5
48 (in
8
$
53
$4
$
15
$
40
$
21
$
24
93
25 $7
39

Liabilities
11
3
$
14
$
34
48

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE61
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Commodity
contracts
Foreign
exchange
contracts
Total
derivatives

TotalValue
Fair

20
48
68

Quoted
Prices
in
Active
Markets
for
Identical
(Level
1) 20
(in
millions)
$Assets

Other
Observable
Significant
Inputs
(Level
2)

48

Significant
Unobservable
Inputs
(Level 3)

###
-

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE62
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Commodity
contracts
Foreign
exchange
contracts
Total
derivatives

Quoted
Prices in
Active
Markets
Significant
for
Identical
Other
Observable
Total
Assets
Inputs
Fair
(Level
1)
2)
$ millions)
(7)
5 (in
- (Level
5
$ Value(14)
(9)
(7)
$
(2)

Significant
Unobservable
Inputs
(Level 3)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE63
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Commodity
contracts
Foreign
exchange
contracts

Notional
Amount
December
28, 2013
29,
2012
(in
$ millions)
484
$
518
901 December
947

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE64
Form
Type:
10-K
Period
End:
Dec
28,
2013
Date
Filed:
21,
2014
Cash
Flow
Hedges:
Cash
flow
hedge
activity, net
of income
taxes, within accumulated
other 28,
comprehensive
(losses)
/period
earnings
included:
December
2013
Accumulated
other
comprehensive
(losses)
/
earnings
at
beginning
of
$
(152)
Unrealized
gains
/
(losses)
20
Transfer
of
realized
losses
/from
(gains)
to
earnings
Mondel?z
International other comprehensive
-3
Accumulated
losses
at end of
period
$
(129)

For
the Years
December
29,Ended (199)
December 31,
2012
2011
(in
$ millions)
(18)
32
(4)
69
(46)
(4) $$
$
(152)
(18)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE65
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Commodity
contracts
Foreign
exchange
contracts
Interest rate
contracts
Total

the Years Ended (137)


December
28,
December
31,
2013
2012
2011
(in
(16)
$
(57)
$$
16
36
(5) December
(4)
- For
(16)
$$
20
$ millions)29,
(199)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE66
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Commodity
contracts
Foreign
exchange
contracts
Interest rate
contracts
Total

the Years Ended


December
28,
December
2013
(in
$
(26)
$
31
(8) For
$
(3)
$ millions)29,

31,
2012
2011
(49)
$
52
(1) December
(6)
(19)
(69)
$
46

Created
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EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE67
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
the Years
December
28,
December
29,Ended 2012
December 31,
2013
2011
(in
Commodity
$
$ millions)
(4) $2
Interest
ratecontracts
contracts
- For
(23)
Total
(27)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE68
Form
Type:
10-K
Period
End:
Dec
28,
2013
Date
Filed:
21,
2014
Economic
Hedges:
Gains
recordedincluded:
inDecember
net earnings
for economic
hedges
which
are not designated as
hedging
instruments
For the
Years29,
28,
2013
2012
(in millions)
Commodity
contracts
$
14 December
$Ended 36 December 2011

gnated as

31,
$

Location
of
Gain/(Loss)
Earnings
31 Recognized
Cost
of sales

Created
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Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE69
FormFiled:
Type:
10-K
Period
End:
Dec
28,2014
2013
Date
21,
2014
$
109
2015
85
2016
71
2017
56
2018
49
Thereafter
126
Total
$
496

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE70
Form
Type:
10-K
Period
End:
Dec
28,2014
2013
Date
Filed:
21,
Note
12.taxes
Income
Taxes
Earnings
from
continuing
operations before income
taxes
and the
provision
for
income
consisted
ofoperations
the
following:
For
the Years
Ended 2,156
December
28,
29,
2013
2012
(in
Earnings
from
continuing
before
income
taxes:
United
States
3,596
Outside
United
States
494 December
297
Total
$
4,090
$ millions)
2,453
Provision
for
income
United
States
federal:taxes:
Current
$
591
$
209
Deferred
566
424
1,157
633
State
and
local:
Current
34
54
Deferred
61
43
95
97
Total provision
United
States
1,252
730
Outside
United
States:
Current
42 $
78
Deferred
81
3
outside
United
Statestaxes
123
81
Total
for
income
$
1,375
811

December 31,
2011
2,650
226
$
2,876
$
$

816
43
859
169
9
178
1,037
77
(13)
64
1,101

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE71
FormFiled:
Type:
10-K
Period
End:
Decstatutory
28,2014
2013
Date
21,
federal
rate
Increase
/ manufacturing
(decrease)
resulting
from:
U.S.
state
and
local
income
taxes,
net
federal
tax
benefit
excluding
IRS
audit
impacts
U.S.
federal
and
state
reserves
on
IRSof
audit
settlements
Domestic
deduction
Foreign
rate
differences
Other
Effective
tax rate

For
the Years Ended
December2013
28,
December
29,
2012
35.0
0%
35.0
0%
1.7
0%
2.8
0%
(0.1
(1.3
(1.2
(2.7
(1.8
0.4
33.6 )%
0% (1.1
33.1 )%
0%

December35.00%
31,
2011
3.90%
1.10%
-1.70%
-0.30%
0.30%
38.30%

Created
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Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE72
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Beginning
offrom
year
Increases
from
positions
taken
during
positions
taken
duringthe
prior
periods
Decreases
statute
of
limitations
expirations
Increases
from
positions
taken
during
current
period
Net
transfers
to / from
Mondel?z
International
Decreases
relating
to settlements
with
taxing
Currency
/ other
End
of authorities
year

the Years
December
28,
December
29,Ended 2012
2013
(in
$
258
$ millions)
371
2 For
11
(5)
(90)
(28)
39
16
(9)
(3)
(33)
(4) $
(8)
$
259
258

December
31,
2011
$
329
34
(18)
(1)
33
-7
(13)
$
371

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE73
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013
Date
Deferred
income
tax
assets:
Pension
benefits
Postretirement
benefits
employee
benefits
Other
Total
deferred
income
tax
assets
Valuation
allowance
Net
deferred
income
tax
assets
Deferred
income
tax
liabilities:
Trade
names
Property,
plant
and equipment
Debt
exchange
Other
Total
deferred
income
taxassets
liabilities
Net deferred
income
tax
/ (liabilities)

December
2013
(in
millions)28,
$
104
1,238
122
497
1,961
(3)
$$
1,958
(828)
(949)
(384)
(65)
(2,226)
$
(268)

December
29,
2012
$
730
1,418
102
442
2,692
(26)
$$
2,666
(827)
(969)
(418)
(17)
(2,231)
$
435

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE74
FormNote
Type:
10-K
Period
End:
Dec
28,
2013
Date
Filed:
21,
2014
13.
Accumulated
Other
Comprehensive
/equity
(Losses)
Total
accumulated
other
comprehensive
earnings
consists
ofasnet
earnings
/ (losses)
and
other
changes
in Earnings
business
from
transactions
and /
other
events
from
sources
other
than
shareholders.
It/ (losses)
includes
foreign
currency
translation
gains
and
losses,
defined
postemployment
benefit
plan
adjustments,
and
unrealized
gains
and
losses
from
derivative
instruments
designated
cash
flowThe
hedges.
components
of,
and
changes
in,
accumulated
other
comprehensive
earnings
(losses)
were
as
follows
(net
of
tax):
Foreign
Postemployment
Derivative
Currency
Benefit
Plan
Hedging
Adjustments
Adjustments
Adjustments
(in
Balance
at
December
30,
2012
$
(359)
$ millions)
51
$
(152)
Other
comprehensive
(losses)
/
gains
before
reclassifications:
Foreign
currency
adjustments
(68)
###
Unrealized
gains
in
fair
value
Prior
service
credits
-3
(68)
19
20
Amounts
reclassified
from
accumulated
other
comprehensive
earnings:
Transfer
of
realized
losses
in
fair
value
to
net
earnings
Amortization
of
prior
service
credits
-3
(13)
Net
current-period
other
comprehensive
(losses)
/
earnings
(68)
6
23
Balances at December 28, 2013
$
(427) $
57 $
(129)

Total
Accumulated
Other (460)
Comprehensive
Earnings
/ (Losses)
$
(68)
20
19
(29)
3
(13)
(10)
(39)
$
(499)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
INCOME_STATEMENT2
FormFiled:
Type:
10-K
Period
End:
DecGROUP,
28,2014
2013INC.
Date
Details
about21,
Accumulated
Other
Comprehensive
Earnings / (Losses)
Components
Derivative
hedging
(gains) / losses
Commodity
contracts
Foreign
exchange
contracts
Interest
rate
contracts
Total
tax
Tax
Net expense
ofbefore
tax
Postemployment
benefit
plan
adjustments
Amortization
of prior
service
credits
Total
Tax
Net benefit
ofbefore
tax tax

Amount
Reclassified
Accumulated
Other
Comprehensive
Earnings
/ (Losses)
For
the
Year
Ended
December
28, 2013 from
$
$3
$
$

42
(50)
12
4
(1)
(22)
9
(13)

(1)

Affected
LineisItem
in
the
Where
Net Statement
Income
Presented
Cost
of sales
Interest
and
expense,
net
Earnings
before
income
taxes
Provision
forother
income
Net earnings
Earnings
before
income
Provision
for income
taxes
Net earnings

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE75
Form
Type:
10-K
Period
End:
Decparticipating
28,
2013
Date
Filed:
21,
2014
Note
14.
Earnings
Per
Share
("EPS")
We
grant
shares
of
and RSUs
that are considered
toDecember
be
securities.
Due to stock
the
presence
of participating
securities,
we (in millions,
have
calculated
our
EPS
using
therestricted
two-class
method.
28,
2013
except per share data)
Basic
EPS:
Net
earnings
2,715
allocated
participating
securities
12
Earnings
available
to
common
shareholders
- basic
$
2,703
Weighted
average
common
shares
outstanding
594
per
share
4.55
Diluted
EPS:
Net
earnings
$
2,715
Earnings
allocated
to
participating
securities
12
available
common
shareholders
diluted effect
2,703
shares
outstanding
594
Effect
of dilutive
5
Weighted
average
common
shares,
including- dilutive
599
Net
earnings
persecurities
share
$
4.51

For theper
Years
December
29,Ended
2012
(in millions, except
share
data)1,637
1,642
5
$
591
2.77
$
1,642
5
1,637
591
5
596
$
2.75

December
31,
2011
-$
1,775
591
3.00
$
1,775
591
$
3.00

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE76
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Net
revenues:
Beverages
Cheese
Refrigerated
Meals
Meals
&
Desserts
Enhancers
&
Snack
Nuts
Canada
Other
Businesses
Net revenues

the Years
December
28,
December
29,Ended 2,718
31,
2013 For
2012 December
2011
(in
$
2,681
$ millions)
$
2,990
3,925
3,829
3,788
3,334
3,280
3,313
2,305
2,311
2,271
2,101
2,220
2,259
2,037
2,010
1,967
1,835
1,903
1,988
$
18,218
$
18,271
$
18,576

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE77
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Earnings
before
income
taxes:
Operating
income:
Beverages
Cheese
Refrigerated
Meals
Meals
&
Desserts
Enhancers
&
Snack
Nuts
Canada
Other
Businesses
Unrealized
gains
/ expense,
(losses)
on
activities
Certain
postemployment
benefit
plan income
/ (costs)
General
corporate
expenses
Operating
income
Interest
and
other
nethedging
Royalty
income
from
Mondel?z
International
Earnings
before
income
taxes

December
28,
2013
$
349
634
329
665
529
373
227
21
1,622
(158)
4,591
(501)
$
4,090

For
the Years
December
29,Ended 2012
December
31,
2011
(in
$ millions)
260
$
450
618
629
379
319
712
722
592
594
301
302
180
182
13
(64)
(305)
(240)
(80)
(66)
2,670
2,828
(258)
(7)
41 $
55
$
2,453
2,876

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE78
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Total
Assets:
Beverages
Cheese
Refrigerated
Meals
Meals
&
Desserts
Enhancers
&
Snack
Nuts
Canada
Other
Businesses
Unallocated
Total
assets assets (1)

As
of
December
28,
29,
2013 December
2012
(in
$ millions)
2,593
$
2,662
4,400
4,455
2,294
2,321
2,389
2,373
5,458
5,567
2,016
2,275
1,597
1,607
2,401 $
1,919
$
23,148
23,179

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE79
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Depreciation
Expense:
Beverages
Cheese
Refrigerated
Meals
Meals
&
Desserts
Enhancers
&
Snack
Nuts
Canada
Other
Businesses
Total depreciation expense $
Capital
Beverages
Cheese
Refrigerated
Meals
Meals
&expenditures:
Desserts
Enhancers
&expenditures
Snack Nuts $
Canada
Other
Businesses
Total
capital

the Years
December
28,
December
29,Ended 2012
31,
2013
2011
(in
$
69
$ millions)
72
$
66
92 For
119
80
84
76 December
83
49
70
72
28
24
25
38
31
38
33
36
393
$
428
$
364
For
the Years
December
28,
29,Ended 2012
December 31,
2013
2011
(in
$
146
$ millions)
129
121
150
84
72
80 December
83
88
68
63
57
33
37
22
60
33
37
20
11 $
4
557
$
440
$
401

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE80
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
For
the Years
December
28,
December
29,Ended15,752
31,
2013
2012
2011
Net
revenues:
United
States
$
15,676
$
$
16,109
Canada
2,302
2,306
2,265
Exports
240 (in
213 December
202
Total
net
revenues $
18,218
$ millions)
18,271
$
18,576

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE81
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Long-lived
assets:
United
States
Canada
Total
long-lived
assets $

As
of
December
28,
29,
2013 December
2012
(in
$ millions)
16,516
$
16,434
1,724
1,922
18,240
18,356

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE82
FormFiled:
Type:
10-K
Period
End:
DecQuarterly
28,2014
2013INC.
Date
21,
Note
16.
Financial DataFirst
(Unaudited)
2013
Quarters
Fourth
(in
except
per
data)
Net
revenues
4,513
4,716
4,394
Gross
profit
$
1,470
$
$ share1,486
$
earnings
456 Second
829 Third
500
Per
share
data:
Basic
earnings
per
share
$
0.77
$ millions,1,936
1.39
0.84
$
Diluted
earnings
per
share
0.76
1.38
0.83
Dividends
declared
0.50
0.50
$
Market
price
high
$
52.29
$
57.84
58.76
$
- low
44.16
49.79
51.20

4,595
1,932
931
1.56
1.54
1.05
55.93
51.72

2012
Quarters
Second
Third
Fourth
(in
except
per
data)
4,425
4,766
4,588
1,421
1,616
483
$ millions,
603
$
466
0.82
1.02
$ share1,569
0.79
$
### $
47.30
$
$
43.06

4,492
1,165
90
0.15
0.50
48.00
42.00

revenues
Gross
profit
Net
earnings
Per
data:
Basic
earnings
share
Diluted
earnings
share
Dividends
declared
price
(1)per
-per
high
-Market
lowshare

First
$
$
$

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE83
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013INC.
Date
Plan Category
Equity
compensation
plans not
approved
by security holders
(1)
Total

Weighted
average
outstanding
options,
Number
securities
to
be
issuedof
upon
exercise
exercise
price
of
and
rights
of
options,
warrants
and
rights
(2)
(a)outstanding
19,630,459
$
35.26
- warrants
###
19,630,459
$ (b) 35.26

Number
of
securities
remaining
for
future
issuance
under
equity
compensation
plans
(excluding
securities
reflected
inavailable
column
(a))
(c)
49,698,827
5,000,000
54,698,827

(3)

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
TABLE84
FormFiled:
Type:
10-K
Period
End:
Dec
28,2014
2013INC.
Date
21,
2.10
Separation
and
Distribution
Agreement
between
Mondel?z
International,
Inc.
(formerly
known
asSeptember
Kraft
Inc.)
Kraft
Foods
Group,
Inc.,
asForm
of
27,
2012
(incorporated
by2012
reference
to
Exhibit
2.1
to Foods
Amendment
No.
to
our
Registration
Statement
on
S-4
filed with
theand
SEC1
on
October
26,
(Filedated
No.
333-184314)).
2.20 to
Canadian
Asset
Agreement
between
Mondel?z
Canada
Inc.
and
Kraft
Canada
Inc.,
dated
as
of
September
29,
2012
(incorporated
by
reference
to
Exhibit
2.2S-4
to Amendment
2
Registration
Statement
on333-184314)).
Form
filed
with
the No.
SEC
onour
December
4, Transfer
2012
(File
No.
2.30 Foods
Master
Ownership
License
Regarding
Patents,
Trade
Secrets
and
Related
Intellectual
Property
between
Kraft
Global
Brands
Kraft
Foods
Group
Brands
LLC,
Kraft
UK
Ltd.
andand
Kraft
Foods
R&D
Inc.,
dated
as
of October
1,
20122on
(incorporated
byLLC,
reference
to Exhibit
2.3
to
Amendment
No.
to
our
Registration
Statement
on
Form
S-4
filed
with
the
SEC
December
4,
2012
(FileAgreement
No.
333-184314)).
2.40 Master
Ownership
and
License
Agreement
Regarding
and
Related
Intellectual
Property
between
Kraft
Foods
Global
Brands
LLC
and
Kraft
Foods
Group
Brands
LLC.,
dated
as2.4
ofS-4
September
2012
by
reference
to333-184314)).
Exhibit
to
Amendment
No.
2 (incorporated
to
our
Registration
Statement
on Trademarks
Form
filed
with
the27,
SEC
on
December
4,
2012
(File
No.
3.10 Registration
Amended
and
Restated
Articles
of
Kraft
Foods
Group,
Inc.
(incorporated
by
reference
Exhibit
3.1
toon
our
Statement
on
Form
10Incorporation
filedtowith
the of
SEC
July
17, 2012
(File
No.
001-35491)).
3.20 SEC
Amended
and
Restated
Bylaws
ofon
Kraft
Foods
Group,
effective
December
10,2012
2012
(incorporated
by filed
reference
to
Exhibit
to our
Current
Report
Form
8-K
withInc.,
the
on3.1
December
14,
(File
No.
001-35491)).
4.10 21,
Indenture
by
and
Inc.
and
Deutsche
Bank
Trust
Company
as
dated
as
ofon
June
4,
2012
(incorporated
byAmericas,
reference
to trustee,
Exhibit
10.4
toSEC
our
Registration
Statement
on Kraft
Form Foods
10
filedGroup,
with
the
June
2012
(File
No.between
001-35491)).

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE85
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,2014
2013
Date
4.20
Supplemental
Indenture
No.
1Inc.
by
and
between
Kraft
Foods
Inc.,
Mondel?z
International,
known
as
Kraft onGroup,
Foods
Inc.),
guarantor,
and
Deutsche
Bank
Trust
Company
Americas,
asas
trustee,
as
of (formerly
June
4,
2012
(incorporated
by
reference
to
Exhibit
10.5
to
our
Registration
Statement
Form
10
filed
with
the dated
SEC
on
June
21,
2012
(File
No.
001-35491)).
4.30 Foods
Supplemental
Indenture
No.
2Inc.
by
and
between
Kraft
Foods
Group,
Inc.,
Mondel?z
International,
(formerly
known
asNo.
Kraft on
Inc.),
guarantor,
and
Deutsche
Bank
Trust
Company
Americas,
asas
trustee,
as
of
July
18,2012
2012
(incorporated
by
reference
to
Exhibit
10.27
toAugust
our
Registration
Statement
Form
10
filed
with
the dated
SEC
on
6,
(File
001-35491)).
4.40 Indenture
by
and
between
Nabisco,
Inc.
(which
was
acquired
Mondel?z
International,
Inc
in
2000)
and
Citibank,
N.A.,
as
trustee,
dated
of
June
5,International,
1995
(incorporated
by long-term
reference
to
Exhibit
4.1
toas
Inc.'s
Quarterly
Report
on
Form
10-Q
with
the
on
May
2007
(File by
No.
001-16483)).
Other
instruments
defining
the
rights
of
holders
debt
securities
ofMondel?z
Kraft
Foods
Group,
Inc.
and
its
subsidiaries
are
omitted
pursuant
toSEC
Section(b)(4)(iii)(A)
of
Item
601
of
Regulation
S-K.
We
hereby
agree
toof9,
furnish
copies
of
these
instruments
tofiled
the
SEC
upon
request.
10.10 Barclays
$3,000,000,000
Five-Year
Revolving
Credit
Agreement,
by
and
among
Kraft
Foods
Group,
Inc.,
Mondel?z
International,
Inc.
(formerly
known
as
Kraft
Foods
Inc.),
as
guarantor,
the
initial
lenders
named
therein,
JPMorgan
Chase
Bank,
N.A.
and
Bank
plc,
as
co-administrative
agents,
JPMorgan
Chase
Bank,
N.A.,
as
paying
agent,
Citibank,
N.A.
and
The
Bank
of
Scotland
plc,
as
co-syndication
agents,
and
Credit
Suisse
LLC,
Deutsche
Bank
Securities
Inc.,
HSBC
Securities
(USA)
Inc.
and
Wells
Fargo
Bank,
National
Association,
as
co-documentation
agents,
dated
as
ofRoyal
Maythe
18,
2012
(incorporated
by
reference
to
Exhibit
10.2
to
Amendment
No.1
to
our
Registration
Statement
on
Form
S-4
filed
with
SEC
on
October
26,
2012
(File No.
333-184314)).
10.20 International,
Tax
Sharing
and
Indemnity
Agreement
by
between
Mondel?z
Inc.
(formerly
known
asSeptember
Kraft
Inc.)
Kraft
Foods
Group,
Inc.,
asForm
of
27,
2012
(incorporated
by2012
reference
to
Exhibit
10.3
toFoods
Amendment
No. 1
to
our
Registration
Statement
on
S-4and
filed
with
theand
SEC
on
October
26,
(Filedated
No.
333-184314)).
10.30 Registration
Employee
Matters
Agreement
between
Mondel?z
International,
Inc.
(formerly
known
as
Kraft
Foods
Inc.)
and
Kraft
Foods
Group,
Inc.,
dated
as10.4
ofNo.
September
2012
reference
to
Exhibit
toForm
Amendment
No.
to our
Statement
on
S-427,
filed
with1(incorporated
the
SEC
on by
October
26,
2012
(File
333-184314)).
10.40 to
Master
General
Transition
Agreement
between
Foods
Group,
Inc.
and
Mondel?z
LLC,
dated
asForm
ofKraft
September
2012
by
reference
to Exhibit
10.8
Amendment
No.
2 (incorporated
to
ourServices
Registration
Statement
on
S-4
filed
with
the27,
SEC
on
December
4,Global
2012
(File No.
333-184314)).*
10.50 Master
Technology
Transition
Services
Agreement
between
Kraftthe
Foods
Group,
and
Global
as
September
27,
2012
(incorporated
by
reference
toLLC,
Exhibit
10.10
toInformation
Amendment
No.
toInc.
our
Registration
Statement
on dated
Form
S-4offiled
with
SEC
on 2
December
4,Mondel?z
2012
(File
No.
333-184314)).*
10.60 Kraft
Foods
Group,
Inc.
Change
in
Control
Plan
for
Key
Executives,
as on
of
October
2012
(incorporated
reference
to4,adopted
Exhibit
10.19
to
Amendment
No.
2the
to SEC
our onby
Registration
Statement
Form
S-42,filed
with
December
2012 (File
No.
333-184314)).+
10.70 4.3
Kraft
Foods
Group,Directors
Inc.
Deferred
Plan
for
Non-Management
(incorporated
by
tothe
Exhibit
our
Registration
on
Form
S-8reference
filed
with
SECtoon
September
12,Statement
2012
(FileCompensation
No.
333-183867)).+
10.80 (File
Kraft No.
Foods
Group,
Inc.
2012
Performance
Incentive
Plan12, 2012
(incorporated
by
reference
towith
Exhibit
toon
our
Registration
Statement
on
Form
S-8 filed
the 4.3
SEC
September
333-183868)).+
10.90 Kraft
Foods
Group,
Inc.
Management
Stock
Purchase
Plan
(incorporated
reference
towith
Exhibit
toon
ourNovember
Registration
Statement
on by
Form
S-8 filed
the 4.3
SEC
9, 2012
(File
No. 333-184872)).+

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE86
FormFiled:
Type:
10-K
Period
End:
Dec21,
28,
2013
Date
2014
10.10
Form
of
Indemnity
Agreement
Foods
Group,
and
Non-Management
Directors
(incorporated
by
reference
to
Exhibit
10.24
to our
Registration
Statement
on
Form
10 filedInc.
with
the
SEC
on
July
17,
2012 between
(File
No. Kraft
001-35491)).+
10.11 Form
of
Indemnity
Agreement
between
Kraft
Foods
Group,
Inc.
and Directors
and
Officers
(incorporated
by on
reference
tofiled
Exhibit
to
our
Registration
Statement
Form 10
with
the10.25
SEC on
July
17, 2012
(File
No. 001-35491)).+
10.12 Offer
of
Employment
Letter
between
Mondel?z
International,
Inc.
known
as
Kraft
Foods
Inc.)
T.with
dated
December
3, 2011
(incorporated
byand
reference
toCahill,
Exhibit
10.1
to
our
Registration
Statement
on
Form
10John
filed
the
SEC(formerly
on
April
2,
2012
(File
No.
001-35491)).+
10.13 Offer
of
Employment
Letter
between
Mondel?z
International,
Inc. (formerly
known
as2012
Kraft
Foods
Inc.)
Robert
J. to
Gorski,
dated
April
25,
(incorporated
by
Exhibit
to
our
Registration
Statement
onreference
Form 10
filed
with
the10.26
SEC on
August
6, 2012
(File
No. and
001-35491)).+
10.14 on
Offer
of10.25
Employment
Letter
between
Mondel?z
Inc.
(formerly
known
as
Kraft
Foods
Kim
K. W.
Rucker,
dated
July
16,
2012
(incorporated
by reference
to No.
Exhibit
to
Amendment
No.
toInc.)
our and
Registration
Statement
Form
S-4 filed
with
the
SEC
on2 December
4,International,
2012
(File
333-184314)).+
10.15 with
Offer
of Employment
Letter
Kraft
Foods
Teri
List-Stoll
17,
2013
(incorporated
byGroup,
reference
to
Exhibit
10.1dated
toOctober
ourJuly
Quarterly
Report
on
Form
10-Q
filedInc. and
the
SEC
on
31,between
2013
(File
No.
333-35491)).+
10.16 reference
Letter
Agreement
between
Kraft
Foods
Group,
andbyTimothy
R.
McLevish,
dated
21,
2012
(incorporated
to Exhibit
10.15
to
our
Annual
Report
on Form
10-K
filed
with
the
SEC
onNovember
March
21,
2013
(File
No. Inc.
333-35491).+
10.17 filed
Formwith
of Kraft
Foods
Group,
2012
Performance
Incentive
Plan
Global
Stock
Unit2013
Agreement
by
reference
to Restricted
Exhibit
toInc.
our
Annual
Report
on Form
10-K
the
SEC
on10.16
March
21,
(File
No.(incorporated
333-35491).+
10.18 filed
Formwith
of Kraft
Foods
Group,
2012
Performance
Incentive
Plan
Global
Option
Award
Agreement
(incorporated
by
reference
to Stock
Exhibit
10.15
toInc.
our 2013
Annual
Report
on Form
10-K
the
SEC
on
March
21,
(File
No.
333-35491).+

*
+

10.19 reference
Form
of Kraft
Foods
Group,
Inc.
2012Agreement
Performance
Incentive
Plan
Performance
Share
Plan
(incorporated
to Exhibit
10.1
to
our
Quarterly
Report
on
Form 10-Qby
filed with
the
SEC
on
August
2,Award
2013
(File
No. 333-35491)).+
21.10 List of subsidiaries of Kraft Foods Group, Inc.
23.10 Public
Consent
of PricewaterhouseCoopers
LLP, Independent Registered
Accounting
Firm.
31.10 Certification
of
Chief
Executive
Officer
pursuant
to1934.
Rule 13a
14(a)/15d 14(a) of the Securities Exchange
Act of
31.20 14(a)/15d
Certification
of Chief
Officer
pursuant
14(a)
of theFinancial
Securities
Exchange
Act to
of Rule
1934.13a
32.10 Section
Certifications
Chief
Officer
and
Chief
Financial
Officer
pursuant
to Sarbanes-Oxley
18 Executive
U.S.C. 1350,
as adopted
pursuant
to
906 ofofthe
Act
of
2002.
101.10 The
following
materials
from
Kraft's
Annual
Report
on
Form
10-K for(iv)
thethe
year
ended
December
28,
2013
formatted
XBRL
(eXtensible
Business
Reporting
Language):
(i)
the
Consolidated
Statements
of
Earnings,
(ii)
the
Consolidated
Statements
of of
Comprehensive
Earnings,
(iii)
the
Consolidated
Statements
Equity,
Consolidated
Balance
Sheets,
(v)
the
Consolidated
Statements
of
Cash
Flows,
(vi)as
Notes
to ofintext,
Financial
Statements,
tagged
blocks
and (vii) document
and
entity
information.
Portions
of separately
this exhibit
(indicated
asterisks)
have been
omitted
pursuant
to a request
fortoby
confidential
and
have been
furnished
the
SEC. treatment
Indicates a management contract or compensatory plan or
arrangement.

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
INC.
TABLE87
Form
Type:
10-K
Period
End:
Dec
28,
2013
Date
Filed:
21,
2014
For
the
Years
Ended
December
28,
2013,
December
2012, and December 31, 2011
Kraft
Foods
Group,29,
Inc.
Valuation
and
Accounts
(in Qualifying
millions)
Col.
A
Col.
B at
Col.
C andto
Additions
Balance
Charged
Charged
to
Beginning
Costs
Other
Description
of
Period
Expenses
Accounts
2013:
Allowances
related
to
accounts
receivable
$
28
$1
$
Allowance
for
deferred
taxes
26
- (a)
-$
54
$1
$
2012:
Allowances
related
to
accounts
receivable
$
23
$9
$
Allowance
for
deferred
taxes
34
(4)
$
57
$5
$
2011:
Allowances
related
to $
accounts for
receivable
22
$5
$
(2)
Allowance
deferred
taxes
12
$
44 $
17 $
(2)

Col.
D
Col.
E
Balance
End
of at 26
Deductions
Period
(b)
$3
$
23
3
$
26
$
29
$4
$
28
4
26
$8
$
54
$2
$
23
34
$2
$
57

Created
by Feb
EDGAR
Online,
Inc.
KRAFT
FOODS
GROUP,
SUBSIDIARIES
Form
Type:
10-K
Period
End:
Dec
28,2014
2013INC.
Date
Filed:
21,
KRFT
10-K
2013
EX-21.1
EXHIBIT
Kraft Foods
Inc. 21,
List of Subsidiaries
as Group,
of February
2014 21.1
Company
Name
Jurisdiction of Incorporation
Battery
Properties,
Inc.
Boca
Foods
Company
Capri
Sun,
Inc.
Delaware
Churny
Company,
Inc.
Claussen
Pickle
Co.
Garland
BBQ
Company
Management
Services
LLC
Delaware
KFG
Netherlands
Holdings
C.V.
Netherlands
Kraft
Canada
Inc.
Canada
Food
Ingredients
Corp.
Foods
Group
Brands
LLC
Delaware
Exports
LLC
Foundation
Kraft
Foods
Group
Holdings
LLCLLC
Delaware
International
Holdings
LLC
Netherlands
Holdings
B.V.
Netherlands
Foods
Group
Puerto
Rico
Puerto
Rico
Kraft
New
Services,
Inc.
Nature's
Delicious
Foods
Group
LLC
OMFC
Service
Company
Delaware
Perdue
Trademark
Subsidiary,
Inc.
Phenix
Management
Corporation
Pollio
Italian
Cheese
Company
Seven
Seas
Foods,
Inc.
The
Heritage
Cemetery
Association
Delaware
CoffeeLLC
Company
Vict. Yuban
Th. Engwall