Item 8.01. Other Events.
The Kraft Heinz Company ("we," "us," and "our") is filing this Current Report on
Form 8-K (the "Form 8-K") to reflect changes to the presentation of our
financial information as set forth in our Annual Report on Form 10-K for the
fiscal year ended December 28, 2019 (the "2019 Form 10-K"), as filed with the
Securities and Exchange Commission (the "SEC") on February 14, 2020, in order to
give effect to a change in our segment reporting.
As previously disclosed in our Quarterly Report on Form 10-Q for the period
ended March 28, 2020 (as filed with the SEC on May 1, 2020), effective in the
first quarter of our fiscal year 2020, our internal reporting and reportable
segments changed. We moved our Puerto Rico business from the Latin America zone
to the United States zone to consolidate and streamline the management of our
product categories and supply chain. We also combined our Europe, Middle East,
and Africa ("EMEA"), Latin America, and Asia Pacific ("APAC") zones to form the
International zone as a result of certain previously announced organizational
changes. Therefore, effective in the first quarter of 2020, we manage and report
our operating results through three reportable segments defined by geographic
region: United States, International, and Canada. All prior period information
has been recast to reflect this change in reportable segments. This Form 8-K
will permit us to incorporate the recast financial statements by reference, or
otherwise, in future SEC filings. The information in this Form 8-K is not an
amendment to the 2019 Form 10-K or a restatement of the financial statements
included therein.
This Form 8-K updates and supersedes the information in the following sections
of our 2019 Form 10-K to reflect retrospective application of our segment change
to conform to the new segment presentation:
•Part I. Item 1, Business.
•Part I. Item 2, Properties.
•Part II. Item 7, Management's Discussion and Analysis of Financial Condition
and Results of Operations.
•Part II. Item 8, Financial Statements and Supplementary Data.
In our Quarterly Reports on Form 10-Q for the periods ended March 28, 2020, June
27, 2020, and September 26, 2020 (the "2020 Form 10-Qs"), we adjusted the
unaudited condensed consolidated financial statements for the three months ended
March 30, 2019, for the three and six months ended June 29, 2019, and for the
three and nine months ended September 28, 2019, respectively, to reflect the
retrospective application of our segment change.
No items in the 2019 Form 10-K other than those identified above are being
updated by this Form 8-K. Information in the 2019 Form 10-K is generally stated
as of December 28, 2019 and this Form 8-K does not reflect any subsequent
information or events other than the change in segment reporting noted above.
Without limiting the foregoing, this Form 8-K does not purport to update
Management's Discussion and Analysis of Financial Condition and Results of
Operations contained in the 2019 Form 10-K for any information, uncertainties,
transactions, risks, events, or trends occurring, or known to management, other
than the events described above. For a discussion of events and developments
subsequent to the filing of the 2019 Form 10-K, please refer to our SEC filings
since that date. More current information is contained in the 2020 Form 10-Qs
and our other filings with the SEC after February 14, 2020.
This Form 8-K should be read in conjunction with the 2019 Form 10-K, the 2020
Form 10-Qs, and any other documents we have filed with the SEC subsequent to
February 14, 2020.


Item 9.01. Financial Statements and Exhibits.

(d) The exhibits to this Current Report on Form 8-K are as follows:



 Exhibit No.      Description
     23.1           Consent of PricewaterhouseCoopers LL    P    .
                    Updated portions of The Kraft Heinz Company's Annual Report on
     99.1         Form 10-K for the fiscal year ended December 28, 201    9    .
                  The cover page of The Kraft Heinz Company's Current Report on Form
     104          8-K dated November 13, 2020, formatted in iXBRL.


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