KHC · 10-Q · 2026Q3 · Full report

Interest Expense and Debt

Kraft Heinz Co · 2026-11-04 · Importance 60 · Surprise 74 · From source text

Interest expense was $415 million for the nine months ended September 26, 2026, down from $709 million in the prior-year period. The decrease primarily reflected a $265 million gain on extinguishment of debt connected with the Tender Offer. Third-quarter interest expense declined to $210 million from $240 million, reflecting lower debt balances and interest rates after debt prepayments, tender offers, and refinancing maturing higher-rate debt. Lower interest expense contributed to the improvement in nine-month net loss.

Key facts

• Kraft Heinz repaid $3.982 billion of long-term debt and issued $1.152 billion of long-term debt in the nine months ended September 26, 2026. source
• Kraft Heinz nine-month interest expense was $415 million versus $709 million in 2025, primarily reflecting a $265 million gain on extinguishment of debt connected with the Tender Offer. source
• Kraft Heinz Q3 interest expense was $210 million versus $240 million in 2025, declining due to lower debt balances and rates, debt prepayments and tender offers in Q2 and Q3 2026, and refinancing higher-rate maturities at lower rates. source

Impact estimates