The Kraft Heinz Co (XSWX:KHC) Construction In Progress : CHF1,109 Mil (As of Dec. 2023)

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What is The Kraft Heinz Co Construction In Progress?

The Kraft Heinz Co's quarterly construction in progress stayed the same from Jun. 2023 (CHF0 Mil) to Sep. 2023 (CHF0 Mil) but then increased from Sep. 2023 (CHF0 Mil) to Dec. 2023 (CHF1,109 Mil).

The Kraft Heinz Co's annual construction in progress increased from Dec. 2021 (CHF923 Mil) to Dec. 2022 (CHF1,082 Mil) and increased from Dec. 2022 (CHF1,082 Mil) to Dec. 2023 (CHF1,109 Mil).

The Kraft Heinz Co Construction In Progress Historical Data

The historical data trend for The Kraft Heinz Co's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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The Kraft Heinz Co Construction In Progress Chart

The Kraft Heinz Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

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1,015.03

703.61

922.84

1,081.59

1,108.67

The Kraft Heinz Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															1,081.59	-	-	-	1,108.67

The Kraft Heinz Co Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

The Kraft Heinz Co (XSWX:KHC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Kraft Heinz Co (XSWX:KHC) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

KHC:USA KHC:Peru KHC:Mexico 1KHC:Italy KHNZd:UK 0JRV:UK KHNZ:Germany KHCB34:Brazil KHC:Austria

Address

One PPG Place, Pittsburgh, PA, USA, 15222

Website

https://www.kraftheinzcompany.com

In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.