Kellanova (Kellogg's) (K)

Company ID: 262 | CIK: 0000055067
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

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Business Unit / Product Segments

Major Customers (% of Revenue)

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Operational KPIs

Shareholders of record (customers)

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Employees (headcount)

364-Day Credit Agreement (other)

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AP obligations sold by suppliers (other)

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AP tracking system obligations (other)

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Accounts payable obligations sold (other)

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Accounts payable tracking system (other)

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Accounts receivable sold outstanding (other)

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Accounts receivable, net (other)

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Accrued tax-related interest and penalties (other)

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Accumulated other comprehensive income (other)

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Additions to properties (other)

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Adjusted diluted EPS (other)

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Advertising Expenditure (other)

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Advertising expense (other)

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Aggregate intrinsic value (other)

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Amount affecting effective tax rate if recognized (other)

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Annual pre-tax savings (other)

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Anti-dilutive potential common shares (other)

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Approximate dollar value of shares that may yet be purchased (other)

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Asia-Pacific cereal market share (other)

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Average shares outstanding (other)

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Benefit plan contributions (other)

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Capital expenditures (other)

Capital expenditures guidance (other)

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Cash and cash equivalents (other)

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Cash conversion cycle (other)

Cash dividends (other)

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Cash flow (other)

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Cash flow change (other)

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Cash flow guidance (other)

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Cash flow hedges - unrealized net loss (other)

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Cereal consumption change (other)

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Cereal market share (other)

Cereal volume change (other)

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Cereal volume growth (other)

Cereal volume market share (other)

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Common Stock Outstanding (other)

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Comparable diluted EPS (other)

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Core working capital (other)

Core working capital as % of net sales (other)

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Cost reduction program costs (other)

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Countries manufactured (other)

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Countries of operation (other)

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Countries with distribution (other)

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Countries with operations (other)

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Currency neutral EPS (other)

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Currency-neutral adjusted diluted EPS growth (other)

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Current ratio (other)

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Customer concentration (other)

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DSD franchisee loans outstanding (other)

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DSD franchisees (other)

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Days sales outstanding (other)

Debt to market cap ratio (other)

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Deferred income taxes (other)

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Depreciation and amortization (other)

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Depreciation expense (other)

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Derivative notional amount (other)

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Derivative notional amounts (other)

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Derivative notional outstanding (other)

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Distribution countries (other)

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Dividend payout ratio target (other)

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Dividends declared per share (other)

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Dividends per share (other)

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EPS growth guidance (other)

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Earnings per share (other)

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Effect of exchange rate changes on cash (other)

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Effective income tax rate (other)

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Effective tax rate (other)

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Effective tax rate guidance (other)

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Employee positions eliminated (other)

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Equity awards outstanding (other)

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Estimated aggregate amortization expense (other)

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Euro Dollar Notes issuance (other)

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Euro Notes redeemed (other)

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Euro-commercial paper outstanding (other)

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Euro-commercial paper program limit (other)

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Europe cereal market share (other)

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European manufacturing optimization plan allocation (other)

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Exit cost program charges (other)

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Exit cost reserves (other)

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Expected annual pre-tax savings (other)

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Expected capital spending (other)

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Expected stock repurchases (other)

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Expected streamlining cash outlays (other)

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Five-Year Credit Agreement (other)

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Foreign currency impact (other)

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Foreign currency impact on sales (other)

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Free cash flow (other)

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Global RTE cereal market share (other)

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Global cereal market share (other)

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Global ready-to-eat cereal market share (other)

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Goodwill (other)

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Goodwill - Asia Pacific (other)

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Goodwill - Europe (other)

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Goodwill - Latin America (other)

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Goodwill - North America (other)

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Gross interest expense (other)

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Income tax rate (other)

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Interest expense (other)

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Interest rate hedge (other)

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Interest rate hedge notional (other)

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Interest rate sensitivity (other)

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Interest rate swap notional (other)

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Internal cash flow (other)

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Internal net sales growth (other)

Internal net sales growth guidance (other)

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Internal operating profit growth (other)

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Internal sales growth (other)

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Intrinsic value of options exercised (other)

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Inventories - Finished goods and materials in process (other)

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Inventories - Raw materials and supplies (other)

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Issuances of common stock (other)

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Latin America cereal market share (other)

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Lender's Bagels acquisition cost (other)

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Lender's Bagels carrying value (other)

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Long-term debt (other)

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Manufacturing countries (other)

Marketable securities fair value (other)

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Marketed countries (other)

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Marketing countries (other)

Marketing footprint (other)

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Markets (other)

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Natural gas hedge coverage (other)

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Natural gas swap notional (other)

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Negative working capital (other)

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Net margin (other)

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Net sales growth (other)

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Net sales to WK Kellogg Co (other)

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Nigeria share of assets (other)

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Nigeria share of net sales (other)

Nigerian assets share (other)

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Nigerian business consolidated assets (other)

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Nigerian business share of consolidated assets (other)

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Nigerian net sales share (other)

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Non-vested restricted stock (other)

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North America cereal market share (other)

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Obligations in supplier finance program (other)

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Open repurchase authorization (other)

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Operating cash flow (other)

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Operating cash flow guidance (other)

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Operating margin (other)

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Operating profit growth (other)

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Operating profit margin (other)

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Organic net sales growth (other)

Organic net sales growth guidance (other)

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Organic pricing/mix growth (other)

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Organic volume growth (other)

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Other adjustments (other)

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Other convenience foods volume growth (other)

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Other intangibles (other)

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Other intangibles subject to amortization (other)

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Other working capital (other)

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Payment obligations in AP tracking system (other)

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Pension and postretirement contributions (other)

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Pension contributions (other)

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Pension participants settled (other)

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Pension plan contributions (other)

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Performance shares fair value (other)

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Performance shares target (other)

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Positions eliminated (other)

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Positions to be eliminated (other)

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Postretirement benefit plan contributions (other)

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Pricing and mix (other)

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Pricing and mix growth (other)

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Pricing/mix change (other)

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Pricing/mix growth (other)

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Pringles net revenues (other)

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Prior service cost (other)

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Projected additions to unrecognized tax benefits (other)

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Projected cash flow (other)

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Projected consolidated operating profit growth (other)

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Projected effective income tax rate (other)

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Projected full-year gross margin decline (other)

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Projected full-year net interest expense (other)

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Projected internal net sales growth (other)

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Projected net earnings per share growth (other)

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Promotional expenditures (other)

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Property additions (other)

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Property expenditure target (other)

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Property expenditures percent of net sales (other)

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Property, net (other)

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Quarterly dividend increase (other)

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R&D Expenditures (other)

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R&D expense (other)

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Receivables sold outstanding (other)

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Receivables sold under monetization programs (other)

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Redemption price (other)

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Reductions of long-term debt (other)

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Regional cereal volume share (other)

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Remaining repurchase authorization (other)

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Remaining share repurchase authorization (other)

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Reported diluted EPS (other)

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Reported effective tax rate (other)

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Reported gross margin (other)

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Reported net sales growth (other)

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Repurchase authorization remaining (other)

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Research and Development Expenditure (other)

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Research and development expense (other)

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Residual lease value guarantee (other)

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Restricted stock non-vested (other)

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Restructuring charges (other)

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Restructuring charges to date (other)

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Restructuring exit cost reserves (other)

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Restructuring program reserves (other)

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Restructuring reserves (other)

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Retiree health contributions (other)

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SAP reimplementation costs (other)

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SG&A expense ratio (other)

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SG&A percent of net sales (other)

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SG&A percent of sales (other)

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SGA expense ratio (other)

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SGA margin (other)

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SGA ratio (other)

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Selling and administrative expense (other)

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Selling and administrative expense margin (other)

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Selling and administrative expense ratio (other)

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Selling, general and administrative expense (other)

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Share repurchase amount (other)

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Share repurchase authorization (other)

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Share repurchase authorization remaining (other)

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Shareholders of record (other)

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Shareowners of record (other)

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Shares issued (other)

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Shares issued and outstanding (other)

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Shares issued to employees and directors (other)

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Shares outstanding (other)

Shares repurchased (other)

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Shelf registration available (other)

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Short-term lines of credit (other)

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Standby lines of credit (other)

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Stock options exercisable (other)

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Stock options outstanding (other)

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Stock repurchase authorization (other)

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Stock repurchases (other)

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Stock-based compensation cost (other)

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Streamlining pre-tax savings (other)

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Supplier finance obligations (other)

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Supplier finance program obligations (other)

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Supplier financing obligations (other)

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Supplier payment obligations in tracking system (other)

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Supplier payment obligations placed (other)

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Supplier payment obligations sold (other)

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Targeted cash flow (other)

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Top five customer AR concentration (other)

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Top five customer receivable concentration (other)

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Top-5 customer AR concentration (other)

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Total assets (other)

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Total current assets (other)

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Total current liabilities (other)

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Total debt (other)

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Total debt to market capitalization (other)

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Total liabilities and shareholders' equity (other)

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Total shareholders' equity (other)

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Total volume growth (other)

Trade receivable concentration (other)

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Trademarks not subject to amortization (other)

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Trademarks subject to amortization (other)

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Transition services reimbursements (other)

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U.S. cereal category dollar share (other)

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U.S. cereal volume change (other)

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U.S. cereal volume growth (other)

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U.S. cereal volume market share (other)

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Underlying internal operating profit growth (other)

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Underlying operating margin (other)

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Unrecognized tax benefits (other)

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Unrecognized tax benefits current liability (other)

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Unused revolving credit (other)

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Unused revolving credit capacity (other)

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Venezuela exchange rate (other)

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Venezuela net monetary assets (other)

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Venezuela net sales share (other)

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Venezuela share of net sales (other)

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Venezuela share of operating profit (other)

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Volume % change vs prior year (other)

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Volume (tonnage) change (other)

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Volume (tonnage) growth (other)

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Volume change (other)

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Volume growth (other)

Volume growth (tonnage) (other)

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Volume growth vs prior year (other)

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Volume tonnage change (other)

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Volume tonnage growth (other)

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Voluntary recall cost (other)

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Weighted average diluted shares (other)

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Weighted-average exercise price (other)

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Weighted-average fair value of options granted (other)

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Weighted-average lease discount rate (other)

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Weighted-average lease term (other)

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Working capital (other)

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Worldwide cereal market share (other)

Worldwide cereal volume share (other)

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Year 2000 compliance (other)

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Year 2000 program completion (other)

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Year 2000 remediation complete (other)

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Year 2000 remediation completion (other)

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Year 2000 spending (other)

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Year 2000 testing complete (other)

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Year 2000 testing completion (other)

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Zero-based budgeting charges (other)

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Zero-based budgeting savings (other)

us-gaap:NumberOfReportableSegments (other)

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Latin America cereal volume growth (production_volume)

Distribution locations (properties)

Common stock issued and outstanding (shares)

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Manufacturing and warehouse square footage (square_footage)

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Volume growth (units_shipped)

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Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

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Demographics

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Workforce Breakdowns

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HCM Metrics — Point-in-Time

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HCM Metrics — Flow (Annual / YTD)

No flow HCM metrics found.

Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2025-09-27restructuringcompleted2024-01-012025-09-27North AmericaFrozen supply chain networkUSD 65 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of North America frozen supply chain network; cumulative pretax charges of approximately $65 million including $7 million employee-related, $15 million other cash, and $43 million non-cash costs. Project complete as of quarter ended September 27, 2025. No employee count disclosed.
2025-09-27restructuringin_progress2024-01-012026-12-31EuropeCereal supply chain networkUSD 120 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of European cereal supply chain network; expected cumulative pretax charges of approximately $120 million ($50 million employee-related, $30 million other cash, $40 million non-cash). Charges to date $100 million; YTD 2025 charges $22 million. Collective bargaining consultation completed in quarter ended June 29, 2024. Expected substantially complete by late 2026. No employee count disclosed.
2025-09-27restructuringcompleted2024-03-312025-09-27North AmericaFrozen supply chain networkUSD 65 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced in Q1 2024 (exact date not disclosed; date shown is quarter-end). Project complete as of Q3 2025; cumulative pretax charges of approximately $65 million, including $7M employee-related, $15M other cash, $43M non-cash. No employees-affected count disclosed; charges immaterial in the current quarter and YTD period.
2025-09-27restructuringin_progress2024-03-312026-12-31EuropeCereal supply chain networkUSD 120 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced in Q1 2024 (exact date not disclosed; date shown is quarter-end). Expected substantially complete by late 2026, with efficiencies contributing to gross margin from late 2026. Overall program expected to result in cumulative pretax charges of approximately $120 million ($50M employee-related, $30M other cash, $40M non-cash). Charges of $8M in Q3 2025 and $22M YTD 2025; exit cost reserve of $41 million at 2025-09-27. No employees-affected count disclosed.
2025-09-27restructuringin_progressLatin AmericaBusiness and portfolio realignmentUSD 3 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges of $2M in Q3 2025 and $3M YTD 2025, primarily related to reorganizations supporting Deploy for Growth priorities and a reshaped portfolio. No announcement date, completion date, or employees-affected count disclosed.
2025-09-27divestiture_reductioncompleted2024-09-302025-06-29EgyptAMEA reportable segmentother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell Egypt subsidiary entered September 2024 (exact date not disclosed; date shown is quarter-end); sale completed in Q2 2025. Business represented less than 1% of consolidated net sales. No headcount associated with the divestiture disclosed.
2025-09-27restructuringcompleted2024-01-012025-09-27North AmericaFrozen supply chainUSD 65 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of North America frozen supply chain network. Project complete as of Q3 2025. Cumulative pretax charges of $65 million include $7 million employee-related costs.
2025-09-27restructuringin_progress2024-01-012026-12-31EuropeCereal supply chainUSD 120 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of European cereal supply chain network. Expected substantially completed by late 2026. Cumulative pretax charges expected to be $120 million, including $50 million employee-related costs. YTD 2025 charges were $22 million.
2025-06-28restructuringcompleted2024-01-01North AmericaFrozen supply chain networkUSD 66 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of North America frozen supply chain announced Q1 2024; substantially complete as of quarter ended June 28, 2025. Cumulative pretax charges to date of $66 million; $1 million incurred in the quarter and YTD periods ended June 28, 2025. No employee count disclosed.
2025-06-28restructuringin_progress2024-01-012026-12-31EuropeCereal supply chain networkUSD 92 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of European cereal supply chain announced Q1 2024; expected substantially complete by late 2026. Cumulative pretax charges to date of $92 million; $8 million in the quarter and $14 million YTD ended June 28, 2025. Total project reserves of $41 million at June 28, 2025, primarily severance. No employee count disclosed.
2025-06-28restructuringcompleted2024-01-012025-06-28North AmericaFrozen supply chain networkUSD 70 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced Q1 2024; substantially complete as of quarter end. Cumulative pretax charges include $10M employee-related, $10M other cash, $50M non-cash. Employee headcount impact not disclosed.
2025-06-28restructuringin_progress2024-01-012026-12-31EuropeCereal supply chain networkUSD 120 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced Q1 2024; expected substantially complete by late 2026. Cumulative pretax charges include $50M employee-related, $30M other cash, $40M non-cash. Employee headcount impact not disclosed; $41M exit cost reserve at quarter end.
2025-06-28restructuringin_progress2024-03-302026-12-31EuropeCereal supply chainUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of European cereal supply chain network. Q2 2025 charges of $8M (YTD $14M). Project substantially complete by late 2026. Employee-related costs included in total charges.
2025-06-28restructuringcompleted2024-03-302025-06-28North AmericaFrozen supply chainUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of North America frozen supply chain network. Project substantially complete as of Q2 2025. Q2 2025 charges of $1M.
2025-03-29restructuringcompleted2024-01-01North AmericaFrozen supply chain networkUSD 70 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of North America frozen supply chain network announced Q1 2024; substantially complete as of quarter ended March 29, 2025. Expected cumulative pretax charges ~$70 million (employee-related ~$10M, other cash ~$10M, non-cash ~$50M); charges to date $65 million; Q1 2025 charges under $1 million.
2025-03-29restructuringin_progress2024-01-012026-12-31EuropeCereal supply chain networkUSD 120 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of European cereal supply chain network announced Q1 2024; collective bargaining and employee consultation completed in quarter ended June 29, 2024. Expected cumulative pretax charges ~$120 million (employee-related ~$50M, other cash ~$30M, non-cash ~$40M); charges to date $84 million; Q1 2025 charges $6 million; exit cost reserve $42 million at March 29, 2025, largely severance-related.
2025-03-29restructuringcompleted2024-01-012025-03-29North AmericaFrozen supply chain networkUSD 70 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Substantially complete as of quarter end; includes $10M employee-related costs, $10M other cash costs, $50M non-cash costs. No employee count disclosed.
2025-03-29restructuringin_progress2024-01-012026-12-31EuropeCereal supply chain networkUSD 120 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expected substantially complete by late 2026; includes $50M employee-related costs, $30M other cash costs, $40M non-cash costs. No employee count disclosed.
2025-03-29restructuringin_progress2024-01-012026-12-31EuropeCereal supply chainUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of European cereal supply chain network. Charges incurred in Q1 2025 were $6 million, primarily related to severance costs and asset impairment. Project expected to be substantially completed by late 2026. Employee headcount affected not disclosed.
2025-03-29restructuringcompleted2024-01-012025-03-29North AmericaFrozen supply chainUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of North America frozen supply chain network. Project substantially complete as of March 29, 2025. Charges incurred in Q1 2025 were less than $1 million. Employee headcount affected not disclosed.
2024-12-28restructuringcompleted2024-03-012024-12-28North AmericaFrozen supply chain networkUSD 65 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2024 charges of $65M for reconfiguration of North America frozen supply chain; program substantially complete at year-end; total program expected to result in cumulative pre-tax charges of approximately $70M including $10M employee-related costs
2024-12-28restructuringin_progress2024-03-012026-12-31EuropeCereal supply chain networkUSD 78 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2024 charges of $78M for reconfiguration of European cereal supply chain; expected substantially complete by late 2026; total program expected to result in cumulative pre-tax charges of approximately $120M including $50M employee-related costs; $37M reserve outstanding at year-end
2024-12-28divestiture_reductioncompleted2024-09-01EgyptAMEAother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell foreign subsidiary in Egypt entered September 2024; assets and liabilities reclassified to held for sale; business represents less than 1% of consolidated net sales; headcount not disclosed
2024-12-28divestiture_reductioncompleted2023-07-012023-07-31RussiaEuropediscontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Russian business completed July 2023 (prior fiscal year); included for context as it drives FY2024 Europe divestiture-related sales comparisons; headcount not disclosed
2024-12-28restructuringcompleted2024-01-012024-12-28North AmericaFrozen supply chainUSD 65 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reconfiguration of North America frozen supply chain network. Project substantially complete as of year-end. Charges primarily related to severance and asset impairment.
2024-12-28restructuringin_progress2024-01-012026-12-31EuropeCereal supply chainUSD 78 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reconfiguration of European cereal supply chain network. Expected to be substantially completed by late 2026. Charges primarily related to severance and asset impairment.
2024-12-28restructuringcompleted2024-01-012024-12-28North AmericaFrozen Supply ChainUSD 65 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reconfiguration of North America frozen supply chain network. Project substantially complete as of end of 2024. Charges primarily related to severance and asset impairment.
2024-12-28restructuringin_progress2024-01-012026-12-31EuropeCereal Supply ChainUSD 78 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reconfiguration of European cereal supply chain network. Expected to be substantially completed by late 2026. Charges primarily related to severance and asset impairment.
2024-09-28restructuringin_progress2024-03-302024-12-31North AmericaFrozen foods supply chainUSD 47 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of North America frozen supply chain network; total program expected ~$50M pretax charges; $47M incurred YTD through Q3 2024, primarily severance and asset impairment, recorded in COGS; savings begin H2 2024, full run-rate 2025.
2024-09-28restructuringin_progress2024-03-302026-12-31EuropeCereal supply chainUSD 74 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of European cereal supply chain network; total program expected ~$120M pretax charges; $74M incurred YTD through Q3 2024, primarily severance and asset impairment, recorded in COGS; efficiencies expected late 2026. Collective bargaining consultation completed in Q2 2024.
2024-09-28restructuringin_progress2024-03-312024-12-31North AmericaFrozen supply chain networkUSD 50 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative pretax charges expected ~$50M ($10M employee-related, $10M other cash, $30M non-cash). $47M incurred YTD; no headcount affected disclosed.
2024-09-28restructuringin_progress2024-03-312026-12-31EuropeCereal supply chain networkUSD 120 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative pretax charges expected ~$120M ($50M employee-related, $30M other cash, $40M non-cash). $74M incurred YTD; no headcount affected disclosed. Employee consultation completed in Q2 2024.
2024-09-28restructuringin_progress2024-01-012024-12-31North AmericaFrozen supply chainUSD 47 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of North America frozen supply chain network. Charges incurred YTD include severance and asset impairment. Employee-related costs component is $10 million total for the program.
2024-09-28restructuringin_progress2024-01-012026-12-31EuropeCereal supply chainUSD 74 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of European cereal supply chain network. Charges incurred YTD include severance and asset impairment. Employee-related costs component is $50 million total for the program.
2024-06-29restructuringin_progress2024-03-302024-12-31North AmericaFrozen supply chain networkUSD 50 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of North America frozen supply chain network; expected cumulative pretax charges ~$50M (employee-related $10M, other cash $10M, non-cash ~$30M); charges of $9M in Q2 and $40M YTD recorded in COGS, primarily severance and asset impairment; savings begin H2 2024, full run-rate 2025.
2024-06-29restructuringin_progress2024-03-302026-12-31EuropeCereal supply chain networkUSD 120 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Proposed reconfiguration of European cereal supply chain network; collective bargaining and employee consultation completed during quarter ended June 29, 2024; expected cumulative pretax charges ~$120M (employee-related $50M, other cash $30M, non-cash ~$40M); charges immaterial in Q2 and $69M YTD in COGS; efficiencies expected late 2026.
2024-06-29restructuringin_progress2024-03-302024-12-31North AmericaFrozen supply chain networkUSD 50 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative pretax charges expected to include $10M employee-related, $10M other cash, $30M non-cash. Charges incurred YTD 2024 were $40M. No employee count disclosed.
2024-06-29restructuringin_progress2024-03-302026-12-31EuropeCereal supply chain networkUSD 120 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative pretax charges expected to include $50M employee-related, $30M other cash, $40M non-cash. Charges incurred YTD 2024 were $69M. Collective bargaining obligations completed during Q2 2024. No employee count disclosed.
2024-06-29restructuringin_progress2024-03-312024-12-31North AmericaFrozen supply chainUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of North America frozen supply chain network. Q2 charges of $9M primarily related to severance and asset impairment. Total expected pretax charges ~$50M.
2024-06-29restructuringin_progress2024-03-312026-12-31EuropeCereal supply chainUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of European cereal supply chain network. Q2 charges immaterial; YTD charges $69M primarily related to severance and asset impairment. Total expected pretax charges ~$120M.
2024-03-30restructuringin_progress2024-03-302024-12-31North AmericaFrozen foods supply chainUSD 50 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reconfiguration of North America frozen supply chain network; $31 million of charges incurred in Q1 2024, primarily severance and asset impairment, recorded in COGS. Cumulative pretax charges of ~$50 million include $10 million employee-related, $10 million other cash, and $30 million non-cash costs. Savings expected to reach full run-rate in 2025.
2024-03-30restructuringannounced2024-03-302026-12-31EuropeCereal supply chainUSD 120 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Proposed reconfiguration of European cereal supply chain network, subject to completion of collective bargaining obligations and employee consultation. $70 million of charges incurred in Q1 2024, primarily severance and asset impairment, recorded in COGS. Cumulative pretax charges of ~$120 million include $50 million employee-related, $30 million other cash, and $40 million non-cash costs.
2024-03-30restructuringin_progress2024-12-31North AmericaFrozen supply chain networkUSD 50 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced during Q1 2024 (specific date not disclosed); cumulative pretax charges of approximately $50M, of which $31M were incurred in Q1 2024, including severance and asset impairment recorded in COGS. Includes a $21M impairment of a frozen foods manufacturing facility. Savings expected to contribute to gross margin in H2 2024, full run-rate in 2025. No employee count disclosed.
2024-03-30restructuringin_progress2026-12-31EuropeCereal supply chain networkUSD 120 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Proposed during Q1 2024, subject to collective bargaining obligations and employee consultation; specific announcement date not disclosed. Cumulative pretax charges of approximately $120M, of which $70M were incurred in Q1 2024, including severance and asset impairment recorded in COGS. Includes a $39M impairment of a cereal manufacturing facility. Efficiencies expected to begin contributing in late 2026. No employee count disclosed.
2024-03-30restructuringin_progress2024-03-302024-12-31North AmericaFrozen supply chainUSD 31 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reconfiguration of North America frozen supply chain network. Charges incurred $31M (severance and asset impairment). Total expected cumulative pretax charges ~$50M.
2024-03-30restructuringin_progress2024-03-302026-12-31EuropeCereal supply chainUSD 70 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Proposed reconfiguration of European cereal supply chain network. Charges incurred $70M (severance and asset impairment). Total expected cumulative pretax charges ~$120M.
2023-12-30divestiture_reductioncompleted2022-12-012023-07-31RussiaEuropeUSD 113 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of Russian business completed July 2023; non-cash loss of $113M primarily from release of historical currency translation adjustments; headcount not disclosed
2023-12-30divestiture_reductioncompleted2023-10-022023-10-02North AmericaNorth America cereal businessItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Spin-off of North America cereal business completed October 2, 2023; headcount transferred to WK Kellogg Co not disclosed
2023-12-30restructuringannounced2024-02-082024-12-31AmericasNorth America frozen supply chain networkUSD 75 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Closure of one production facility; cumulative pretax charges ~$75M ($20M cash, $55M non-cash); headcount not disclosed
2023-12-30plant_closureannounced2024-02-082026-12-31EuropeEuropean cereal supply chain networkUSD 120 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Proposed closure of one production facility subject to collective bargaining and employee consultation; cumulative pretax charges ~$120M ($80M cash, $40M non-cash); headcount not disclosed
2023-12-30restructuringannounced2024-02-082024-12-31North AmericaFrozen Supply ChainUSD 75 (millions)subsequent_events
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reorganization of North America frozen supply chain network; closure of one production facility. Cumulative pretax charges approx $75M. Subsequent event.
2023-12-30restructuringannounced2024-02-082026-12-31EuropeCereal Supply ChainUSD 120 (millions)subsequent_events
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reorganization of European cereal supply chain network; closure of one production facility. Cumulative pretax charges approx $120M. Subsequent event.
2023-12-30restructuringannounced2024-02-082024-12-31North AmericaFrozen Supply ChainUSD 75 (millions)subsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Reorganization of North America frozen supply chain network. Closure of one production facility. Cumulative pretax charges of approximately $75 million.
2023-12-30restructuringannounced2024-02-082026-12-31EuropeCereal Supply ChainUSD 120 (millions)subsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Reorganization of European cereal supply chain network. Closure of one production facility. Cumulative pretax charges of approximately $120 million.
2023-09-30divestiture_reductioncompleted2022-06-212023-10-02North AmericaNorth American cereal businessUSD 184 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Tax-free spin-off of North American cereal business into WK Kellogg Co completed October 2, 2023; YTD pre-tax separation charges of $184 million (legal and consulting). Employee headcount transferred not disclosed.
2023-09-30divestiture_reductioncompleted2022-12-012023-07-31RussiaEuropeUSD 113 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Russian business completed July 2023 with complete market exit; non-cash loss of ~$113 million primarily from release of currency translation adjustments. Employee headcount affected not disclosed.
2023-09-30divestiture_reductioncompleted2022-06-012023-10-02North AmericaNorth America cereal business (WK Kellogg Co)USD 184 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-off of North American cereal business completed 2023-10-02 (subsequent to quarter end). YTD pre-tax separation charges of $184M (Q3: $56M), primarily legal and consulting. No employee headcount impact disclosed.
2023-09-30divestiture_reductioncompleted2022-12-012023-07-31RussiaEurope segment — Russian business (3 manufacturing facilities)USD 113 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale completed July 2023; non-cash loss of $113M primarily from release of historical currency translation adjustments. Business represented ~1% of consolidated net sales. No employee count disclosed.
2023-09-30restructuringin_progress2023-01-01GlobalCorporate / cross-segmentUSD 4 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges for reorganizations supporting Deploy for Growth strategy; $4M YTD 2023 (Q3: $2M). No employee counts disclosed.
2023-09-30divestiture_reductioncompleted2023-07-012023-07-01RussiaEuropeUSD 113 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Completed sale of Russian business in July 2023. Recorded $113M non-cash loss. Employee count not disclosed.
2023-09-30restructuringin_progressGlobalCorporateUSD 56 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Pre-tax separation charges of $56M for the quarter (primarily legal and consulting costs). Employee count not disclosed.
2023-09-30restructuringin_progressGlobalCorporateUSD 2 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Business and portfolio realignment charges of $2M for the quarter (primarily reorganizations). Employee count not disclosed.
2023-07-01divestiture_reductioncompleted2022-12-312023-09-30RussiaEuropeUSD 112 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Non-cash loss on sale, primarily release of historical currency translation adjustments; net assets derecognized of ~$63M. No headcount disclosed.
2023-07-01restructuringin_progress2022-12-312023-12-31United StatesNorth America cerealUSD 128 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
YTD pre-tax separation charges of $128M ($77M in Q2); primarily legal and consulting costs. Spin-off of North American cereal business targeted for Q4 2023. No employee count disclosed.
2023-07-01restructuringin_progress2022-12-312023-12-31North AmericaCerealUSD 77 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Pre-tax charges of $77 million for the quarter and $128 million YTD related to the planned separation of the North American cereal business, primarily legal and consulting costs.
2023-07-01restructuringin_progressGlobalCorporateUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Pre-tax charges of $1 million for the quarter and $2 million YTD related to business and portfolio realignment, primarily reorganizations.
2023-07-01divestiture_reductioncompleted2022-12-312023-07-01RussiaEuropesubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Sale of Russian business completed subsequent to July 1, 2023. Represents complete exit from the market. Employee count not disclosed.
2023-04-01divestiture_reductionin_progress2022-12-01RussiaEuropeother
f5-10q / GLM-5.3-flash-fp4-HTML
Agreement to sell entire Russian business pending local regulatory approvals; not yet held for sale as of 2023-04-01. Expected loss on transaction from release of ~$95M historical CTA; net book value of assets $70M. Business represents ~1% of consolidated net sales. No headcount figure disclosed.
2023-04-01divestiture_reductionin_progress2022-01-012023-12-31North AmericaNorth American cereal businessUSD 51 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Tax-free spin-off of North American cereal business targeted for Q4 2023; Q1 2023 pre-tax charges of $51M ($4M COGS, $47M SG&A), primarily legal and consulting. No headcount figure disclosed.
2023-04-01restructuringin_progressGlobalCorporate / North America CerealUSD 51 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Pre-tax charges related to planned separation of North American cereal business, primarily legal and consulting costs.
2023-04-01restructuringin_progressGlobalCorporateUSD 1 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Costs related to reorganizations in support of Deploy for Growth priorities and reshaped portfolio.
2022-12-31restructuringin_progress20212024-03-31North AmericaNorth America supply chain networkUSD 6 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2022 charges of $6M for the North America supply chain reconfiguration announced in 2021; program totals $45M cumulative, $11M incurred to date. Total restructuring charges across all programs were $11M in 2022; other programs not separately quantified. Substantial completion expected early 2024.
2022-12-31restructuringin_progress2022GlobalAll reportable segments — reorganizations and portfolio realignmentUSD 21 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges of $21M in FY2022 for reorganizations supporting Deploy for Growth priorities and completed/prospective divestitures and acquisitions; no employee counts disclosed.
2022-12-31divestiture_reductionin_progress2022-06-212023-12-31United StatesNorth American cereal business (spin-off)USD 61 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-off of North American cereal business announced 2022-06-21, targeted for completion by end of 2023; $61M pre-tax separation costs (legal and consulting) incurred in FY2022. No headcount transfer quantified.
2022-12-31divestiture_reductionannounced2022-12-31RussiaEurope segment — three manufacturing facilitiesother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement entered in December 2022 to sell the entire Russian business, pending local regulatory approvals; not held for sale at year-end. Russia represented ~1% of consolidated net sales; loss expected on release of CTA but not quantified. No employee counts disclosed.
2022-12-31restructuringin_progress2021-01-012024-03-31North AmericaSupply ChainUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reconfiguration of North America reportable segment supply chain network announced in 2021. Expected to be substantially completed by early 2024. $6 million in charges incurred in 2022 related to severance, accelerated depreciation, and asset write-offs.
2022-12-31restructuringin_progress2022-01-01GlobalVariousUSD 5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Various reorganization and simplification initiatives and supply chain optimization projects across all reportable segments. Total restructuring charges for 2022 were $11 million; $6 million attributed to the North America supply chain project, leaving $5 million for other global initiatives.
2022-12-31restructuringin_progress2021-01-012024-03-31North AmericaSupply ChainUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reconfiguration of North America supply chain network. $6 million incurred in 2022 (severance, accelerated depreciation, asset write-offs). Total expected cumulative pretax charges ~$45 million.
2022-12-31restructuringcompleted2022-01-012022-12-31GlobalVariousUSD 5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Other reorganization and simplification initiatives. Total restructuring charges for all programs were $11 million in 2022; $6 million attributed to NA Supply Chain, leaving $5 million for other initiatives.
2022-12-31restructuringin_progressCost of Sales [Member] / NorthAmericaSupplyChainReconfiguration [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-12-31restructuringin_progressUSD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-10-01divestiture_reductionannounced2022-06-212023-12-31North AmericaNorth American cereal and plant-based foods businessesUSD 22 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Planned tax-free spin-offs of North American cereal and plant-based foods businesses into three independent public companies; plant-based business may alternatively be sold. No employee counts disclosed. YTD separation charges of $22 million (primarily legal and consulting); $18 million in the quarter.
2022-10-01divestiture_reductionannounced2022-06-212023-12-31North AmericaNorth American cereal and plant-based foods businessesUSD 22 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-offs announced; YTD pre-tax charges of $22M primarily for legal and consulting. No headcount impact quantified.
2022-10-01restructuringin_progressCorporate / portfolio-wideUSD 18 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
YTD pre-tax charges of $18M ($4M in Q3) for reorganizations under Deploy for Growth; no employee counts disclosed.
2022-10-01restructuringin_progress2022-06-212023-12-31GlobalCorporate / North America Cereal / Plant-basedUSD 18 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Charges primarily related to legal and consulting costs for proposed spin-offs of North American cereal and plant-based foods businesses.
2022-10-01restructuringin_progressGlobalCorporateUSD 4 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
One-time costs related to reorganizations in support of Deploy for Growth priorities and reshaped portfolio.
2022-07-02divestiture_reductionannounced2022-06-212023-12-31North AmericaNorth American cereal and plant-based foods businessesUSD 4 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Company announced intent to separate North American cereal and plant-based foods businesses via tax-free spin-offs into three independent public companies; no employee counts disclosed. $4 million pre-tax separation costs (legal and consulting) incurred in the quarter. Plant-based business may alternatively be sold; target completion by end of 2023.
2022-07-02divestiture_reductionannounced2022-06-212023-12-31GlobalNorth American cereal and plant-based foods businessesother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Tax-free spin-offs into three independent public companies; plant-based business sale also under consideration. No employee counts disclosed; conditions include Board approval, IRS ruling, SEC filings and audited financials of new companies.
2022-07-02restructuringin_progressGlobalCorporate / portfolio-wideUSD 13 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date pre-tax charges of $13 million ($6 million for the quarter), primarily reorganizations supporting Deploy for Growth priorities; no employee counts disclosed.
2022-07-02restructuringin_progress2022-06-212023-12-31North AmericaCereal and Plant-based FoodsUSD 4 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Announced intent to separate North American cereal and plant-based foods businesses via tax-free spin-offs. Incurred pre-tax charges of $4 million for quarter and YTD, primarily legal and consulting costs. Target completion by end of 2023.
2022-07-02restructuringin_progressGlobalCorporateUSD 6 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
One-time costs related to reorganizations in support of Deploy for Growth priorities and reshaped portfolio. Pre-tax charges of $6 million for the quarter.
2022-04-02othercompletedUnited StatesNorth America cereal plantsMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Residual impact of a prior-year 12-week labor strike at U.S. cereal plants; company working to reestablish production and inventory levels. Strike occurred in the prior fiscal year, not the current quarter.
2022-04-02othercompletedUnited StatesU.S. cereal manufacturing plantsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
A 12-week labor strike at the Company's U.S. cereal plants occurred prior to this quarter; residual impacts on production, inventory, and margins continued into Q1 2022. No affected-employee count disclosed.
2022-04-02restructuringin_progressCorporate / multi-segmentUSD 7 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges of $7 million in Q1 2022 for reorganizations supporting Deploy for Growth priorities and portfolio reshaping. No employee count disclosed in this filing.
2022-04-02otherin_progress2022-03-01RussiaManufacturing (3 facilities)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
In March 2022 the Company suspended all new investments and shipments to Russia. Russia business represented <1.5% of net sales and ~1% of operating profit for FY2021; no headcount figure disclosed.
2022-04-02restructuringin_progressGlobalCorporate and OperationsUSD 7 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Pre-tax charges primarily related to reorganizations in support of Deploy for Growth priorities and reshaped portfolio.
2022-01-01restructuringin_progress2021-01-012024-03-31North AmericaSupply chain / manufacturingUSD 45 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cumulative pre-tax charges for full program; approximately $5M incurred in FY2021, primarily severance in COGS. Completion by early 2024 with productivity gains from 2023.
2022-01-01restructuringin_progress2021-01-01Multiple (all reportable segments)Various reorganization and simplification initiativesUSD 22 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2021 charges of $22M ($13M COGS, $9M SGA) for various reorganization, simplification, and supply chain optimization initiatives; primarily severance and termination benefits. Employee-related costs of $10M and asset-related costs of $10M in FY2021.
2022-01-01othercompletedUnited StatesU.S. ready-to-eat cereal manufacturingItem_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately three-month labor strike at U.S. ready-to-eat cereal plants in fiscal 2021 related to collective bargaining negotiations, plus a fire at one facility; residual impact noted in 2022 outlook.
2022-01-01restructuringin_progress2021-01-012024-03-31North AmericaSupply ChainUSD 45 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reconfiguration of North America supply chain network announced in 2021. Expected cumulative pretax charges of $45 million. Productivity improvements commence in 2023.
2022-01-01restructuringcompleted2019-01-012021-01-01EuropeGeneralUSD 37 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
European reorganization plan announced in 2019, substantially completed by end of fiscal 2020. Cumulative pretax net charges of $37 million.
2022-01-01restructuringcompleted2019-01-012021-01-01North AmericaGeneralUSD 23 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
North America reorganization plan announced in 2019, substantially completed by end of fiscal 2020. Cumulative pretax charges of $23 million.
2022-01-01restructuringin_progress2021-01-01GlobalGeneralUSD 22 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Various reorganization and simplification initiatives and supply chain optimization projects incurred in 2021. Total charges of $22 million.
2022-01-01restructuringin_progress20212024-03-31North AmericaSupply ChainUSD 5 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reconfiguration of North America supply chain network. Total expected pretax charges approx $45 million. Charges incurred in 2021 were approx $5 million, primarily severance.
2022-01-01restructuringcompleted20192021-01-02EuropeGeneralUSD -1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
European reorganization plan substantially completed end of fiscal 2020. Net charges of $(1) million recorded in 2020.
2022-01-01restructuringcompleted20192021-01-02North AmericaGeneralUSD 2 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
North America reorganization post-divestiture substantially completed end of fiscal 2020. Charges of $2 million recorded in 2020.
2022-01-01restructuringcompleted20212022-01-01GlobalGeneralUSD 22 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Various reorganization and simplification initiatives and supply chain optimization projects. Total charges of $22 million recorded in 2021.
2022-01-01restructuringin_progressEmployee Severance [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-01-01restructuringin_progressBenefit Plan Obligation Impact [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-01-01restructuringin_progressAsset related costs [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-01-01restructuringin_progressOther Restructuring [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-01-01restructuringin_progressUSD 27,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-10-02restructuringin_progress2021-07-042024-03-31North AmericaNorth America supply chain networkUSD 45 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Supply chain network reconfiguration announced in Q3 2021; cumulative pretax charges of ~$45M expected, comprising $4M employee-related, $21M other cash, and $20M non-cash (accelerated depreciation/asset write-offs). $4M incurred in the quarter, primarily severance, recorded in COGS. Productivity improvements expected to commence in 2023.
2021-10-02otherin_progressUnited StatesU.S. ready-to-eat cereal manufacturing plantsother
f5-10q / GLM-5.3-flash-fp4-HTML
Ongoing work stoppage and related negotiations of a collectively bargained agreement at U.S. ready-to-eat cereal manufacturing locations; no affected-employee count disclosed.
2021-10-02restructuringin_progress2021-07-042024-01-31North AmericaNorth America segment — supply chain networkUSD 45 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reconfiguration of North America supply chain network announced in Q3 2021; cumulative pretax charges of approximately $45 million ($4M employee-related, $21M other cash, $20M non-cash). $4 million charged in the quarter and YTD. No employee headcount affected disclosed. Productivity improvements commence 2023; substantially complete by early 2024.
2021-10-02otherin_progressUnited StatesU.S. ready-to-eat cereal manufacturingother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Ongoing work stoppage and related collectively bargained agreement negotiations at U.S. ready-to-eat cereal manufacturing locations; length and severity identified as a risk to results. No affected-employee count or start date disclosed.
2021-10-02restructuringin_progress2021-07-032024-03-31North AmericaSupply ChainUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Announced reconfiguration of North America supply chain network. Cumulative pretax charges expected to be approx $45 million, including $4 million employee-related costs. Charges incurred in Q3 were $4 million, primarily severance. Completion expected early 2024.
2021-10-02otherin_progressUnited StatesCereal Manufacturingother
f5-10q / Qwen3.6-27B-Q8_0
Ongoing work stoppage and related negotiations of a collectively bargained agreement at U.S. ready-to-eat cereal manufacturing locations.
2021-07-03restructuringin_progressUSD 5 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Pre-tax charges primarily related to reorganizations in support of Deploy for Growth priorities and a reshaped portfolio; no employee counts disclosed.
2021-07-03restructuringin_progressUSD 13 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date pre-tax charges primarily related to reorganizations; no employee counts disclosed.
2021-04-03restructuringin_progressCorporateUSD 7 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charges of $7 million for the quarter, primarily related to reorganizations under the Deploy for Growth strategy, including divestiture of cookies, fruit snacks, pie crusts and ice-cream cone businesses. No employee counts, severance detail, or completion dates disclosed.
2021-01-02restructuringcompleted20192021-01-02EuropeEurope reportable segment — organizational simplificationUSD -1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2020 net charge of $(1) million ($7M in SG&A, $(8)M in OIE); cumulative since inception approximately $37 million pre-tax with cash costs of about $50 million. Substantially complete at fiscal year-end 2020; no employee-affected count disclosed.
2021-01-02restructuringcompleted20192021-01-02United StatesNorth America reportable segment — post-divestiture reorganizationUSD 2 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2020 charge of $2 million recorded in SG&A; cumulative since inception approximately $23 million pre-tax. Substantially complete at fiscal year-end 2020; no employee-affected count disclosed.
2021-01-02restructuringin_progressAll segments (North America, Europe, Latin America, AMEA, Corporate)Reorganization, simplification and supply chain optimization initiativesUSD 28 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2020 charges of $28 million ($6M in COGS, $22M in SG&A), primarily severance and termination benefits; no employee-affected count or completion date disclosed. Total FY2020 charges across all restructuring programs were $29 million.
2021-01-02divestiture_reductioncompletedEuropeEurope reportable segment — small business (majority ownership divested)USD 4 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fourth quarter of fiscal 2020 divestiture of majority ownership of a small business in the Europe segment, resulting in a pre-tax loss of $4 million; the business had approximately $11 million of 2020 net sales. No headcount disclosed.
2021-01-02restructuringcompleted2019-01-012020-12-31GlobalMultiple segmentsUSD 29 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Various reorganization and simplification initiatives and supply chain optimization projects. Charges include $6M in COGS and $22M in SG&A. Project substantially complete as of fiscal year-end 2020.
2021-01-02restructuringcompleted2019-01-012020-12-31EuropeEurope SegmentUSD -1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reorganization plan to simplify organization and increase efficiency. Net charge of $(1)M due to pension curtailment gains and other credits. Project substantially complete.
2021-01-02restructuringcompleted2019-01-012020-12-31North AmericaNorth America SegmentUSD 2 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reorganization to simplify organization post-divestiture. Charge of $2M recorded in SG&A. Project substantially complete.
2021-01-02restructuringcompleted2020-12-31EuropeEurope SegmentUSD -1 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reorganization plan announced in 2019. Net charges of $(1) million recorded in 2020. Project substantially complete as of end of fiscal year 2020.
2021-01-02restructuringcompleted2020-12-31North AmericaNorth America SegmentUSD 2 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Reorganization plan announced in 2019 to simplify organization post-divestiture. Charges of $2 million recorded in 2020. Project substantially complete as of end of fiscal year 2020.
2021-01-02restructuringcompletedGlobalAll SegmentsUSD 28 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Various reorganization and simplification initiatives and supply chain optimization projects incurred in 2020. Total charges of $28 million, primarily severance and termination benefits.
2021-01-02restructuringin_progressEmployee Severance [Member]USD 29,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-01-02restructuringin_progressBenefit Plan Obligation Impact [Member]USD -8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-01-02restructuringin_progressAsset Impairment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-01-02restructuringin_progressAsset related costs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-01-02restructuringin_progressOther Restructuring [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-01-02restructuringin_progressUSD 29,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-26restructuringin_progress2019-04-012020-12-31EuropeEurope reportable segmentUSD 41 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced Q2 2019 to simplify organization; expected cumulative pretax charges ~$40M with ~$50M cash costs; $41M recognized since inception; YTD 2020 charges $3M, less than $1M in Q3 2020. No employee counts disclosed.
2020-09-26restructuringin_progress2019-04-012020-12-31North AmericaNorth America reportable segmentUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced Q2 2019 to simplify organization supporting remaining segment after divestiture; expected cumulative pretax charges ~$25M; $21M recognized since inception; less than $1M charged in Q3 and YTD 2020. No employee counts disclosed.
2020-09-26restructuringin_progress2020-01-01Latin AmericaLatin America reportable segmentUSD 4 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
YTD 2020 costs related to reorganization and simplification of the business, primarily severance and other termination benefits. No employee counts disclosed.
2020-09-26restructuringin_progress2020-01-01AMEAAMEA reportable segmentUSD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
YTD 2020 costs related to reorganization and simplification of the business, primarily severance and other termination benefits. No employee counts disclosed.
2020-09-26restructuringin_progress2019-062020-12-31EuropeEurope reportable segmentUSD 40 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative pre-tax net charges of approximately $40M (including non-cash credits); cash costs expected ~$50M. Charges comprise severance, termination benefits, relocation, consulting and contract termination costs. Program costs to date $41M. No employee count disclosed.
2020-09-26restructuringin_progress2019-062020-12-31United StatesNorth America reportable segmentUSD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reorganization supporting the post-divestiture North America organization; cumulative pre-tax charges expected ~$25M with cash costs approximating pre-tax charges. Program costs to date $21M. No employee count disclosed.
2020-09-26restructuringin_progressLatin AmericaLatin America reportable segmentUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Restructuring costs incurred during the year-to-date period ended September 26, 2020 related to reorganization and simplification, primarily severance and termination benefits. Charge shown is YTD 2020 amount, not a total program estimate. No announcement date or employee count disclosed.
2020-09-26restructuringin_progressAMEA (Asia, Middle East, Africa)AMEA reportable segmentUSD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Restructuring costs incurred during the year-to-date period ended September 26, 2020 related to reorganization and simplification, primarily severance and termination benefits. Charge shown is YTD 2020 amount, not a total program estimate. No announcement date or employee count disclosed.
2020-09-26restructuringin_progress2019-04-012020-12-31EuropeEurope SegmentUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan announced Q2 2019 to simplify organization and increase efficiency. YTD 2020 charges of $3M recorded in SG&A. Total expected cumulative pretax net charges approx $40M.
2020-09-26restructuringin_progress2019-04-012020-12-31North AmericaNorth America SegmentUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan announced Q2 2019 to simplify organization post-divestiture. Charges less than $1M for Q3 and YTD 2020. Total expected cumulative pretax charges approx $25M.
2020-09-26restructuringin_progressLatin AmericaLatin America SegmentUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization and simplification of business. YTD 2020 charges of $4M primarily for severance and termination benefits.
2020-09-26restructuringin_progressAMEAAMEA SegmentUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization and simplification of business. YTD 2020 charges of $8M primarily for severance and termination benefits.
2020-06-27restructuringin_progress2019-04-012020-12-31EuropeEurope reportable segmentUSD 2 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
European reorganization announced Q2 2019; cumulative pretax charges expected ~$40 million, cash costs ~$50 million; $2 million charged in the quarter, $3 million year-to-date; $41 million recognized since inception.
2020-06-27restructuringin_progress2019-04-012020-12-31North AmericaNorth America reportable segmentrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
North America reorganization announced Q2 2019 to simplify the organization after the Ferrero divestiture; cumulative pretax charges expected ~$25 million; charges not material in the quarter; $21 million recognized since inception.
2020-06-27restructuringin_progress2020-06-27Latin AmericaLatin America reportable segmentUSD 4 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization and simplification of the Latin America business; costs primarily severance and other termination benefits.
2020-06-27restructuringin_progress2020-06-27AMEAAMEA reportable segmentUSD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization and simplification of the AMEA business; costs primarily severance and other termination benefits.
2020-06-27divestiture_reductioncompleted2019-07-282019-07-28North America; Latin AmericaCookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businessesUSD 1,300 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale to Ferrero International S.A. for approximately $1.3 billion completed July 28, 2019; headcount transferred not disclosed.
2020-06-27restructuringin_progress2020-12-31EuropeEuropeUSD 40 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced during Q2 2019; exact date not disclosed. Expected cumulative pretax charges ~$40M including non-cash credits, cash costs ~$50M; program costs to date $41M. Charges comprise severance and termination benefits plus relocation, consulting and contract termination costs. Q2 2020 charge $2M; YTD 2020 charge $3M, recorded in SG&A. No employee count disclosed.
2020-06-27restructuringin_progress2020-12-31North AmericaNorth AmericaUSD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced during Q2 2019; exact date not disclosed. Reorganization supporting the North America segment after the July 2019 divestiture. Expected cumulative pretax charges ~$25M with cash costs approximating pretax charges; program costs to date $21M. Charges were not material in Q2 or YTD 2020. No employee count disclosed.
2020-06-27restructuringin_progressLatin AmericaLatin AmericaUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Incurred during the quarter ended 2020-06-27 for reorganization and simplification of the business, primarily severance and other termination benefits. Charge shown is the Q2 2020 amount (equal to YTD 2020); no program total, employee count, or completion date disclosed.
2020-06-27restructuringin_progressAMEA (Asia Middle East Africa)AMEAUSD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Incurred during the quarter ended 2020-06-27 for reorganization and simplification of the business, primarily severance and other termination benefits. Charge shown is the Q2 2020 amount (equal to YTD 2020); no program total, employee count, or completion date disclosed.
2020-06-27restructuringin_progress2019-04-012020-12-31EuropeEurope SegmentUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan announced Q2 2019 to simplify organization and increase efficiency. Q2 2020 charges of $2M recorded.
2020-06-27restructuringin_progress2019-04-012020-12-31North AmericaNorth America Segmentrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan announced Q2 2019 supporting remaining NA segment post-divestiture. Charges not material in Q2 2020.
2020-06-27restructuringin_progress2020-06-27Latin AmericaLatin America SegmentUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization and simplification costs incurred in Q2 2020, primarily severance.
2020-06-27restructuringin_progress2020-06-27AMEAAMEA SegmentUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization and simplification costs incurred in Q2 2020, primarily severance.
2020-03-28restructuringin_progress2019-04-012020-12-31EuropeEurope reportable segmentUSD 40 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization to simplify the organization and enhance key processes; cumulative pretax charges of ~$40M including non-cash credits, cash costs ~$50M; $1M of charges recorded in Q1 2020; $39M recognized since inception; severance reserves of $22M at quarter-end
2020-03-28restructuringin_progress2019-04-012020-12-31North AmericaNorth America reportable segmentUSD 30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization to simplify the organization supporting the remaining North America business after the Ferrero divestiture; cumulative pretax charges ~$30M, cash costs approximating pretax charges; charges not material in Q1 2020; $21M recognized since inception
2020-03-28divestiture_reductioncompleted2019-07-282019-07-28North America and Latin AmericaCookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businessesUSD 1,300 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Sale to Ferrero International S.A. for ~$1.3 billion cash; headcount transferred not disclosed; transition services agreement of up to 18 months
2020-03-28restructuringin_progress2019-06-302020-12-31EuropeEurope reportable segmentUSD 40 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
European reorganization announced Q2 2019; cumulative pretax net charges ~$40M, cash costs ~$50M. Annual savings ~$35M. No employee count disclosed. $1M charged in Q1 2020; $39M recognized since inception.
2020-03-28restructuringin_progress2019-06-302020-12-31North AmericaNorth America reportable segmentUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
North America reorganization announced Q2 2019 to simplify organization post-divestiture; cumulative pretax charges ~$30M. Annual savings ~$50M. No employee count disclosed. Charges not material in Q1 2020; $21M recognized since inception.
2020-03-28restructuringin_progress2019-04-012020-12-31EuropeEurope SegmentUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan announced Q2 2019 to simplify organization and increase efficiency. $1M charge recorded in Q1 2020. Cumulative charges since inception $39M.
2020-03-28restructuringin_progress2019-04-012020-12-31North AmericaNorth America SegmentUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan announced Q2 2019 to simplify organization post-divestiture. Charges not material in Q1 2020. Cumulative charges since inception $21M.
2019-12-28restructuringcompleted2019-12-28GlobalAll segments and CorporateUSD 54 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pre-tax Project K charges recorded in 2019; all Project K initiatives completed by end of 2019. Cumulative program charges since inception were approximately $1.6 billion pre-tax.
2019-12-28restructuringin_progress2020-12-31EuropeKellogg EuropeUSD 38 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
European reorganization announced during 2019 to simplify the organization; $38M net charges recorded in 2019 ($43M in SG&A, $(5)M in OIE). Cumulative pretax net charges expected to be approximately $40M with cash costs of approximately $50M; substantially complete by end of fiscal 2020.
2019-12-28restructuringin_progress2020-12-31United StatesKellogg North AmericaUSD 21 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
North America reorganization announced during 2019 to simplify the organization supporting the segment after the Ferrero divestiture; $21M recorded in 2019 in SG&A. Cumulative pretax charges expected to be approximately $30M; substantially complete by end of fiscal 2020.
2019-12-28divestiture_reductioncompleted2019-07-28Primarily United StatesKellogg North America (cookies, fruit and fruit-flavored snacks, pie crusts, ice cream cones businesses)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of selected businesses to Ferrero for approximately $1.3 billion completed July 28, 2019; net pre-tax gain of $38M recorded. Headcount transferred with the businesses is not disclosed.
2019-12-28othercompleted2019-09-30United StatesUnionized workforce (multiemployer pension plans)USD 132 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Withdrawal from two multiemployer pension plans in Q3 2019 following CBA terminations in connection with the Ferrero divestiture; $132M pre-tax charge recorded in COGS. Ultimate withdrawal liability not yet agreed; cash obligation approximately $8 million annually over up to 20 years.
2019-12-28restructuringcompletedGlobalMultiple segmentsUSD 113 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Total charges of $113 million recorded in 2019 associated with all restructuring programs, including Project K completion and other reorganization plans.
2019-12-28divestiture_reductioncompleted2019-07-28North AmericaSnacks (Cookies, Fruit Snacks, Pie Crusts, Ice Cream Cones)discontinued_operations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses to Ferrero on July 28, 2019. Employee count not explicitly disclosed.
2019-12-28restructuringcompleted2019-12-28GlobalCorporate / All SegmentsUSD 54 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Project K program completed implementation in 2019. Pre-tax charges of $54 million recorded in 2019. Cumulative pre-tax charges approx $1.6 billion since inception.
2019-12-28restructuringin_progress2020-12-31EuropeEurope SegmentUSD 38 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Reorganization plan for European segment to simplify organization. Expected cumulative pretax net charges approx $40 million. $38 million recorded in 2019.
2019-12-28restructuringin_progress2020-12-31North AmericaNorth America SegmentUSD 21 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Reorganization plan for North America segment post-divestiture. Expected cumulative pretax charges approx $30 million. $21 million recorded in 2019.
2019-12-28divestiture_reductioncompleted2019-07-28North AmericaNorth America SegmentMD&A
f5-10k / Qwen3.6-27B-Q8_0
Sale of selected cookies, fruit snacks, pie crusts, and ice cream cones businesses to Ferrero completed July 28, 2019. Employee count not explicitly disclosed.
2019-12-28restructuringin_progressEmployee Severance [Member]USD 49,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressBenefit Plan Obligation Impact [Member]USD -5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressAsset Impairment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressAsset related costs [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressOther Restructuring [Member]USD 48,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-12-28restructuringin_progressUSD 113,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-28restructuringin_progress2019-12-31Global (North America ~65%, Europe ~22%, Latin America ~3%, AMEA ~6%, Corporate ~4% of total charges)USD 15 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Project K charges of $15M in Q3 and $38M YTD 2019; implementation of remaining initiatives to be completed in 2019. No employee counts disclosed.
2019-09-28restructuringin_progress2019-04-012020-12-31EuropeEurope reportable segmentUSD 32 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced Q2 2019; cumulative pretax charges expected ~$40M, cash costs ~$50M; YTD 2019 charges of $32M recorded in SG&A. No employee counts disclosed.
2019-09-28restructuringin_progress2019-04-012020-12-31North AmericaNorth America reportable segmentUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced Q2 2019 to simplify organization supporting remaining North America business post-divestiture; cumulative pretax charges expected ~$30M; Q3 charges $3M, YTD $21M in SG&A. No employee counts disclosed.
2019-09-28divestiture_reductioncompleted2019-07-282019-07-28North America (primarily), Latin America (to a lesser extent)Cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businessesUSD 1,300 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Sale to Ferrero International S.A. for ~$1.3 billion cash completed July 28, 2019; net pre-tax gain of $38M. Headcount transferred not disclosed.
2019-09-28restructuringin_progress2019-12-31EuropeEurope reportable segmentUSD 40 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
European reorganization announced in Q2 2019; cumulative pretax net charges ~$40M, cash costs ~$50M; $32M recorded YTD. No employee count disclosed.
2019-09-28restructuringin_progress2019-12-31North AmericaNorth America reportable segmentUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reorganization supporting the post-divestiture North America organization; cumulative pretax charges ~$30M; $3M in Q3 and $21M YTD. No employee count disclosed.
2019-09-28restructuringin_progress2019-12-31GlobalAll segmentsUSD 15 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K final implementation phase; $15M net charges in Q3, $38M YTD; program total pre-tax charges ~$1.6B since inception. No employee count disclosed.
2019-09-28divestiture_reductioncompleted2019-04-302019-07-28North America; Latin AmericaNorth America and Latin America segmentsother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of selected cookies, fruit snacks, pie crusts, and ice cream cone businesses to Ferrero for ~$1.3B, closed 2019-07-28. No headcount transferred disclosed.
2019-09-28othercompletedUnited StatesCorporate / U.S. pension plansUSD 132 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charge for withdrawal from two multi-employer pension plans; cash obligation ~$8M annually for 20 years. No employee count disclosed.
2019-09-28restructuringin_progress2019-04-012020-12-31EuropeEurope SegmentUSD 32 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan for European segment to simplify organization and increase efficiency. Cumulative pretax charges expected ~$40M. YTD charges $32M recorded in SG&A.
2019-09-28restructuringin_progress2019-04-012020-12-31North AmericaNorth America SegmentUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan supporting remaining North America segment post-divestiture. Cumulative pretax charges expected ~$30M. YTD charges $21M recorded in SG&A.
2019-09-28restructuringin_progress2018-01-012019-12-31GlobalCorporate / All SegmentsUSD 38 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K initiatives. Implementation of remaining initiatives completed in 2019. YTD charges $38M. Total program pre-tax charges expected ~$1.6B.
2019-09-28othercompleted2019-07-282019-07-28North AmericaNorth America Segmentrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of selected cookies, fruit snacks, pie crusts, and ice cream cones businesses to Ferrero. Resulted in curtailment gains of $17M in pension/postretirement plans. Headcount removed not explicitly quantified.
2019-09-28othercompleted2019-07-012019-09-28United StatesNorth America SegmentUSD 132 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Withdrawal from two multi-employer pension plans. Pre-tax charge of $132M recorded in COGS. Cash obligation approx $8M annually for 20 years.
2019-06-29restructuringin_progress2019-04-012020-12-31EuropeEurope reportable segmentUSD 32 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Program announced in Q2 2019 to simplify the European organization; cumulative pretax charges expected around $50 million with cash costs near $57 million; Q2 2019 charges of $32 million recorded in SG&A.
2019-06-29restructuringin_progress2019-04-012020-12-31North AmericaNorth America reportable segmentUSD 18 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization to simplify the organization supporting the remaining North America business after the Ferrero divestiture; cumulative pretax charges expected around $35 million; Q2 2019 charges of $18 million recorded in SG&A.
2019-06-29restructuringin_progress2019-12-31GlobalAll segmentsUSD 15 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Long-running global efficiency program; Q2 2019 net charges of $15 million ($23 million YTD); cumulative charges since inception of $1,543 million; remaining initiatives to be completed in 2019.
2019-06-29divestiture_reductioncompleted2019-03-312019-07-28North AmericaCookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businessesUSD 15 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Sale to Ferrero completed July 28, 2019 for approximately $1.3 billion; closing costs of about $15 million incurred in Q3 2019; no employee headcount disclosed.
2019-06-29otherannounced2019-07-28United StatesMulti-employer pension plansUSD 110 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Following the divestiture, the Company is no longer obligated to contribute to certain multi-employer pension plans; probable withdrawal liability estimated at $110 million, payable over up to 20 years.
2019-06-29restructuringin_progress2019-12-31GlobalAll segments (North America ~65%, Europe ~22%, Latin America ~3%, AMEA ~6%, Corporate ~4%)USD 1,600 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Total pre-tax program charge of ~$1.6B since inception; $15M recorded in Q2 2019 and $23M YTD. Remaining initiatives approved at end of 2018, completing in 2019. No employee count disclosed.
2019-06-29restructuringin_progress2019-04-012020-12-31EuropeEurope reportable segmentUSD 50 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
European reorganization announced in Q2 2019; cumulative pretax net charges ~$50M, cash costs ~$57M, annual savings ~$35M. $32M charged in Q2 2019. Severance and termination benefits included; no headcount disclosed.
2019-06-29restructuringin_progress2019-04-012020-12-31North AmericaNorth America reportable segmentUSD 35 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
North America reorganization announced in Q2 2019 to simplify support organization post-divestiture; cumulative pretax charges ~$35M, annual savings ~$50M. $18M charged in Q2 2019. No headcount disclosed.
2019-06-29divestiture_reductioncompleted2019-03-312019-07-28North AmericaSelected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businessessubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale to Ferrero for ~$1.3B completed July 28, 2019 (subsequent to quarter end). Closing costs ~$15M in Q3 2019; cash tax liability ~$260M in Q4 2019. No employee count disclosed.
2019-06-29otherannounced2019-06-30United StatesMulti-employer pension plansUSD 110 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post quarter-end, Company no longer obligated to contribute to certain multi-employer pension plans; probable withdrawal liability ~$110M payable over up to 20 years. Workforce implication not quantified.
2019-06-29restructuringin_progress2019-04-012020-12-31EuropeEurope SegmentUSD 32 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan for European segment to simplify organization and increase efficiency. Cumulative pretax charges expected ~$50 million.
2019-06-29restructuringin_progress2019-04-012020-12-31North AmericaNorth America SegmentUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization plan supporting remaining North America segment after divestiture. Cumulative pretax charges expected ~$35 million.
2019-06-29restructuringin_progress2018-01-012019-12-31GlobalCorporateUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K implementation. Total pre-tax charges expected ~$1.6 billion. Implementation of remaining initiatives completed in 2019.
2019-06-29otherannounced2019-06-29United StatesCorporateUSD 110 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Withdrawal from certain multi-employer pension plans. Estimated withdrawal liability of $110 million payable over max 20 years.
2019-03-30restructuringin_progress2019-12-31North America (~65% of charges), Europe (~22%), Latin America (~3%), AMEA (~6%), Corporate (~4%)USD 8 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Project K total pre-tax charges since inception $1,528 million; Q1 2019 charges of $8 million ($6M COGS, $2M SG&A). Total program expected at ~$1.6 billion pre-tax; remaining initiatives to be completed in 2019. Exit cost reserves of $74 million at March 30, 2019, primarily severance, with substantial portion to be paid in 2019. No employee count disclosed.
2019-03-30divestiture_reductionannounced2019-03-312019-07-31North AmericaSelected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businessesUSD 1,300 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Definitive agreement to sell selected businesses to Ferrero International S.A. for approximately $1.3 billion in cash; businesses recorded ~$900 million net sales and ~$75 million operating profit in 2018. No headcount figures disclosed.
2019-03-30restructuringin_progress2019-12-31GlobalNorth America, Europe, Latin America, AMEA, CorporateUSD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K program; $8M in charges recorded in Q1 2019 ($6M COGS, $2M SG&A); all remaining initiatives approved at end of 2018 with implementation to complete during 2019; total program pre-tax charges ~$1.6B; no employee headcount affected disclosed
2019-03-30divestiture_reductionannounced2019-03-312019-07-31North AmericaKellogg North America — selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businessessubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale to Ferrero International S.A. for ~$1.3B cash; expected to be classified held for sale in Q2 2019 and close end of July 2019; divested businesses had ~$900M net sales and ~$75M operating profit in 2018; headcount not disclosed; Q1 2019 also included $31M pre-tax business and portfolio realignment charges related to pending divestitures
2019-03-30restructuringin_progress2019-12-31GlobalCorporate and all segmentsUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K implementation to be completed in 2019. Q1 2019 charges of $8M included $3M employee-related costs (severance) and $3M asset-related costs. Total program reserves at quarter-end were $74M.
2019-03-30otherin_progressUnited KingdomEuropeUSD 3 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Pre-tax charges of $3M incurred for preparations to proactively prepare for potential adverse impacts of Brexit, such as delays at ports.
2019-03-30otherin_progressGlobalCorporate and all segmentsUSD 31 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Pre-tax charges of $31M for up front and/or one-time costs related to pending/prospective divestitures (including cookies/fruit snacks), reorganizations, and investments in capabilities.
2019-03-30divestiture_reductionannounced2019-03-312019-07-31North AmericaNorth Americasubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Agreement to sell selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses to Ferrero for approx. $1.3B. Expected to close in Q3 2019. Employee count not disclosed.
2018-12-29restructuringin_progress2019-12-31GlobalU.S. Morning Foods (approx. 17%); U.S. Snacks (approx. 31%); U.S. Specialty Channels (approx. 1%); North America Other (approx. 16%); Europe (approx. 22%); Latin America (approx. 3%); Asia Pacific (approx. 6%); Corporate (approx. 4%)USD 143 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Project K and other cost reduction charges for FY2018 only ($143M total, of which $63M employee-related severance/pension costs); cumulative program charges since inception were $1,520M. All remaining initiatives approved at year-end 2018 with implementation completing in 2019. Employee headcount affected not disclosed.
2018-12-29acquisition_additioncompleted2018-05-022018-05-02Nigeria and GhanaAsia Pacificbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired incremental 1% interest in Multipro and exercised call option for 50% of Tolaram Africa Foods, obtaining 51% controlling interest and beginning consolidation. Added $536M net sales in FY2018; headcount added not disclosed. Excluded from management's ICFR assessment (approx. 1% of total assets, 4% of net sales).
2018-12-29divestiture_reductionannounced2018-11-12United StatesU.S. Snacks, U.S. Specialty Channels, North America OtherUSD 5 (millions)Item_1_Business
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Announced exploration of sale of cookies (Keebler, Famous Amos, Mother's, Murray), fruit snacks (Stretch Island), pie crust and ice cream cone businesses, representing approx. $900M FY2018 net sales. Not classified as held for sale at year-end. $5M pre-tax business and portfolio realignment charges recorded in FY2018. Headcount affected not disclosed.
2018-12-29othercompletedUnited StatesManufacturing (unionized workforce)USD 7 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Exited several multiemployer pension plans during FY2018 in connection with Project K restructuring, recognizing $7M of estimated withdrawal liability expense (FY2017: $26M). Withdrawal liability balance $32M at year-end; $3M of payments made in FY2018. Employees affected not disclosed.
2018-12-29restructuringin_progress2013-11-012019-12-31GlobalAll SegmentsUSD 143 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Project K global efficiency program. $143 million pre-tax charges recorded in 2018. Program expected to complete in 2019.
2018-12-29restructuringin_progress2017-01-012017-12-31GlobalAll SegmentsUSD 3 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Zero-based budgeting (ZBB) program. $3 million pre-tax charges recorded in 2018 (program completed in 2017, final charges recognized in 2018).
2018-12-29restructuringin_progress2019-12-31GlobalVariousUSD 143 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Project K continued generating savings. Pre-tax charges of $143 million recorded in 2018. Implementation of remaining initiatives expected to be completed in 2019. Employee headcount affected not explicitly disclosed in this filing.
2018-12-29restructuringin_progressUSD 143,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-12-29restructuringin_progressAsset Impairment [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-12-29restructuringin_progressAsset related costs [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-12-29restructuringin_progressBenefit Plan Obligation Impact [Member]USD -30,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-12-29restructuringin_progressEmployee Severance [Member]USD 63,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-12-29restructuringin_progressOther Restructuring [Member]USD 80,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-29restructuringin_progress2014-01-012018-12-31GlobalAll segments; U.S. Snacks DSD exit, European pension plan freezes, supply chain and go-to-market changesUSD 34 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Project K restructuring program; total net charges of $34 million in Q3 2018 ($49M COGS, $15M SG&A, $(30)M pension curtailment gain in OIE). No employee counts disclosed. Program-to-date charges $1,436 million; total project reserves of $83 million at quarter-end, largely payable in 2018-2019. Company expects to complete implementation in 2018.
2018-09-29restructuringin_progress2014-01-012018-12-31GlobalAll segmentsUSD 59 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date 2018 Project K net charges of $59 million ($58M COGS, $31M SG&A, $(30)M net curtailment gain in OIE). Employee-related costs of $22 million YTD; severance and other exit reserves of $83 million at September 29, 2018. No headcount figures disclosed.
2018-09-29othercompleted2018-12-312018-12-31EuropeEuropean pension plansUSD -30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Certain European pension plans frozen as of December 31, 2018 in conjunction with Project K restructuring; Q3 2018 curtailment gain of $30 million recognized. Affects employee benefits, not headcount directly.
2018-09-29acquisition_additioncompleted2018-05-022018-05-02Nigeria and GhanaAsia Pacific (Multipro distribution business)USD 617 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Kellogg acquired controlling 51% interest in Multipro and consolidated it beginning May 2, 2018; aggregate consideration and fair value of previously held equity interest $626 million ($617 million net of cash acquired). No headcount added disclosed.
2018-09-29acquisition_additioncompleted2018-05-02Nigeria and GhanaAsia Pacificbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company obtained 51% controlling interest and began consolidating Multipro; no headcount added disclosed.
2018-09-29restructuringin_progress2018-12-31GlobalAll segmentsUSD 34 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K net charges of $34M in Q3 2018; includes $30M European pension curtailment gain. No employee counts disclosed.
2018-09-29restructuringin_progress2018-12-31EuropeEuroperestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Certain European pension plans frozen effective 2018-12-31 under Project K; curtailment gain of $30M recognized in Q3 2018. No headcount disclosed.
2018-09-29restructuringin_progress2018-12-31GlobalVarious (U.S. Snacks, U.S. Morning Foods, Europe, etc.)USD 34 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K continued generating savings. Q3 2018 charges of $34M included $17M employee-related costs (severance/benefits) and $30M pension curtailment gain. Program expected to complete in 2018.
2018-09-29restructuringin_progress2018-12-31GlobalVariousUSD 59 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Year-to-date 2018 charges of $59M included $22M employee-related costs and $30M pension curtailment gain. Total project reserves at Sept 29, 2018 were $83M.
2018-06-30restructuringin_progress2014-01-012018-12-31GlobalAll segments; U.S. Snacks (approx. 34%), U.S. Morning Foods (approx. 17%), U.S. Specialty Channels (approx. 1%), North America Other (approx. 13%), Europe (approx. 22%), Latin America (approx. 2%), Asia-Pacific (approx. 6%), Corporate (approx. 5%)USD 25 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Ongoing multi-year program; YTD 2018 charges of $25 million ($9M COGS, $16M SG&A); quarter charges of $5 million. Cumulative charges since inception $1,402 million. Exit cost reserves of $76 million at June 30, 2018, largely for severance and other costs payable in 2018-2019. No employee counts disclosed in this filing.
2018-06-30acquisition_additioncompleted2018-05-022018-05-02Nigeria and GhanaAsia PacificUSD 419 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired incremental 1% of Multipro and exercised call option for 50% of Tolaram Africa Foods; began consolidating Multipro (51% controlling interest). No headcount figures disclosed.
2018-06-30acquisition_additioncompleted2017-10-272017-10-27United StatesNorth America OtherUSD 600 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition completed October 2017; purchase price allocation finalized in Q1 2018. No headcount figures disclosed.
2018-06-30restructuringin_progress2014-01-012018-12-31GlobalAll segments; U.S. Snacks DSD exit, supply chain, global business servicesUSD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K YTD charges $25M (Q2 $5M); cumulative $1,402M since inception; employee-related costs $5M YTD; no headcount affected disclosed.
2018-06-30acquisition_additioncompleted2018-05-022018-05-02Nigeria and GhanaAsia Pacificbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multipro consolidation added $129M net sales since acquisition; headcount added not disclosed.
2018-06-30acquisition_additioncompleted2017-10-272017-10-27United StatesNorth America Other (RXBAR)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Prior-period acquisition; YTD 2018 contribution $110M net sales; headcount added not disclosed.
2018-06-30restructuringin_progress2018-12-31GlobalVarious (U.S. Snacks, U.S. Morning Foods, Europe, etc.)USD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K continued generating savings. Q2 2018 charges of $5M included $1M employee-related costs (severance/benefits) and $18M other costs. Program expected to complete in 2018.
2018-06-30restructuringin_progress2018-12-31GlobalVariousUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Year-to-date 2018 charges of $25M included $5M employee-related costs. Total project reserves at June 30, 2018 were $76M.
2018-03-31restructuringin_progress2018-12-31All reportable segments and CorporateUSD 20 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2018 charges of $20M ($13M COGS, $7M SG&A); program-to-date charges $1,397M. Exit cost reserves of $94M at quarter-end, largely for severance and other costs payable in 2018-2019. Program implementation expected to be completed in 2018; no employee counts disclosed for the quarter.
2018-03-31restructuringin_progress2018-12-31GlobalAll segments (U.S. Snacks, U.S. Morning Foods, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, Corporate)USD 20 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K program; Q1 2018 charges of $20M ($13M COGS, $7M SG&A). No employee-affected counts disclosed. Program expected to complete in 2018; cumulative charges since inception $1,397M; exit cost reserves $94M at quarter-end.
2018-03-31acquisition_additionannounced2018-05-022018-05-02Nigeria and GhanaAsia Pacific (Multipro distribution business)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter acquisition of additional Multipro ownership plus exercise of TAF call option for ~$420M; Multipro results to be consolidated from acquisition date. No headcount added disclosed.
2018-03-31restructuringin_progress2018-12-31GlobalVarious (U.S. Snacks, U.S. Morning Foods, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, Corporate)USD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K charges for Q1 2018 were $20 million ($13M in COGS, $7M in SG&A). Program expected to complete in 2018. Employee-related costs for the quarter were $4 million. Total program reserves at March 31, 2018 were $94 million.
2017-12-30restructuringin_progress2017-02-012018-12-31GlobalConsolidated (largest allocations: U.S. Snacks, Europe, U.S. Morning Foods, North America Other)USD 260 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Project K expansion/extension announced February 2017 (day not specified). $260M is the 2017 pre-tax Project K charge per MD&A; Note 5 reports $263M of total 2017 cost-reduction charges including $3M of ZBB. Program-to-date charges of $1,377M since inception; total program charges expected at $1.5-1.6B, completion in 2018. 2017 charges include the U.S. Snacks Direct-Store-Door exit, $136M of pension curtailment gains from the salaried pension freeze amendment, and $26M of multiemployer plan withdrawal expense. No employees-affected count is disclosed; $160M of exit reserves remained at year-end.
2017-12-30restructuringcompleted2015-01-012017-12-30GlobalConsolidated (SG&A focus)USD 3 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Zero-based budgeting (ZBB) program; implementation completed during 2017. $3M of 2017 pre-tax charges (cumulative $40M since inception); annual savings of $397M realized through 2017. Announcement date shown as year 2015 (program initiated in 2015; no specific date disclosed).
2017-12-30acquisition_additioncompleted2017-10-272017-10-27United StatesNorth America Otherbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Chicago Bar Company LLC (RXBAR) for $600M ($596M net of cash), completed October 2017; added $27M of net sales post-acquisition. No headcount added is disclosed; entity excluded from management's ICFR assessment as less than 0.1% of total assets and 0.2% of net sales.
2017-12-30othercompleted2017-01-012017-12-30United StatesMultiemployer pension plan participants (unionized workforce)USD 26 (millions)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
During 2017 the Company terminated certain collective bargaining agreements and withdrew from several multiemployer plans, recognizing $26M of estimated withdrawal liability expense (payable over up to 20 years); associated with Project K restructuring. Announcement date shown as fiscal year 2017 (no specific date disclosed).
2017-12-30othercompleted2017-09-012018-12-31United States and CanadaSalaried employees in affected defined benefit pension plansother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
September 2017 amendment freezes compensation and service for active salaried participants effective December 31, 2018 (no benefit accrual from January 1, 2019), generating $136M of pension curtailment gains within Project K activity; concurrent 401(k) expansion effective January 1, 2019. Announcement date shown as month September 2017 (day not specified).
2017-12-30restructuringin_progress2017-02-012018-12-31GlobalAll SegmentsUSD 263 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Project K expansion and extension announced in Feb 2017. Total pre-tax charges for 2017 were $263 million. Employee-related costs were $177 million. Program expected to complete in 2018.
2017-12-30restructuringcompleted2015-01-012017-12-30GlobalAll SegmentsUSD 3 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Zero-based budgeting (ZBB) program. Pre-tax charges of $3 million in 2017. Program implementation completed in 2017.
2017-12-30restructuringin_progress2017-02-012018-12-31GlobalVariousUSD 260 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Expansion and extension of global efficiency program (Project K). Pre-tax charges of $260 million recorded in 2017. Implementation expected to complete in 2018.
2017-12-30restructuringcompleted2015-01-012017-12-30GlobalVariousUSD 3 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Zero-based budgeting (ZBB) initiative. Pre-tax charges of $3 million recorded in 2017. Program completed in 2017.
2017-12-30acquisition_additioncompleted2017-10-012017-10-01United StatesNorth America OtherMD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Chicago Bar Company LLC (RXBAR) in October 2017. Headcount not explicitly disclosed.
2017-12-30acquisition_additioncompleted2016-12-012016-12-01BrazilLatin AmericaMD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Parati Group in December 2016. Headcount not explicitly disclosed.
2017-12-30restructuringin_progressUSD 263,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-30restructuringin_progressAsset Impairment [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-30restructuringin_progressAsset related costs [Member]USD 77,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-30restructuringin_progressBenefit Plan Obligation Impact [Member]USD -148,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-30restructuringin_progressEmployee Severance [Member]USD 177,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-12-30restructuringin_progressOther Restructuring [Member]USD 157,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progress2017-02-01GlobalAll segments; U.S. Snacks DSD transitionUSD 239 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date 2017 charges of $239M ($166M employee-related, $68M asset-related, $138M other, offset by $133M net pension curtailment gain). Program total expected pre-tax charges of $1.5-$1.6 billion. Exit cost reserves of $194M at September 30, 2017, largely payable in 2017-2018. No employee count disclosed.
2017-09-30restructuringin_progress2017-02-01United States and CanadaSalaried employees; defined benefit pension plansUSD -134 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q3 2017 net curtailment gain of $134M from amendment freezing U.S./Canada salaried defined benefit pension plans as of December 31, 2018; affected employees stop accruing benefits from January 1, 2019. Concurrent 401(k) eligibility expansion effective January 1, 2019.
2017-09-30othercompleted2017-01-01United StatesMulti-employer pension plansUSD 26 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2017 expense of $26M for exit of several multi-employer plans tied to Project K; cash obligation payable over up to 20 years.
2017-09-30acquisition_additioncompleted2017-10-27United StatesU.S. Snacks (RXBAR)USD 600 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of Chicago Bar Co., LLC (RXBAR manufacturer) for approximately $600M funded via short-term borrowings; no headcount disclosed.
2017-09-30restructuringin_progress2017-02-01GlobalAll segments; charges concentrated in U.S. Snacks and EuropeUSD 239 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expanded/extended Project K program announced Feb 2017; total pre-tax charges to date $1,393M, expected program total $1.5–1.6B. No employee counts disclosed; includes severance, asset-related, and other costs.
2017-09-30restructuringin_progress2017-02-01United StatesU.S. Snacks — exit from Direct Store Delivery distribution systemUSD 305 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date restructuring charges of $305M in U.S. Snacks segment tied to DSD exit; no headcount figure disclosed.
2017-09-30restructuringin_progress2017-02-01EuropeEurope segmentUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date restructuring charges; no employee counts disclosed.
2017-09-30restructuringin_progress2017-02-01United StatesU.S. Morning Foods segmentUSD 16 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date restructuring charges; no employee counts disclosed.
2017-09-30restructuringin_progress2017-02-01United StatesNorth America Other (U.S. Frozen, Kashi, Canada)USD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date restructuring charges; no employee counts disclosed.
2017-09-30restructuringin_progress2017-02-01Asia PacificAsia Pacific segmentUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date restructuring charges; no employee counts disclosed.
2017-09-30restructuringin_progress2017-02-01Latin AmericaLatin America segmentUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date restructuring charges; no employee counts disclosed.
2017-09-30restructuringin_progress2017-02-01United StatesU.S. Specialty segmentUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date restructuring charges; no employee counts disclosed.
2017-09-30restructuringin_progress2017-02-01GlobalCorporateUSD -128 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Net credit in Corporate YTD, driven by $134M pension curtailment gain from U.S./Canada salaried plan amendments effective Dec 31, 2018 freeze.
2017-09-30acquisition_additioncompleted2017-10-272017-10-27United StatesU.S. Snacks (RXBAR)USD 600 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition completed Oct 27, 2017 for ~$600M funded by short-term borrowings; no headcount added disclosed.
2017-09-30acquisition_additioncompleted2016-12-012016-12-01BrazilLatin America segment (Parati Group)USD 379 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition closed Dec 1, 2016; purchase price allocation finalized during 2017 with adjustments. No employee count disclosed.
2017-09-30restructuringin_progress2017-02-01GlobalCorporate / All SegmentsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K expansion announced Feb 2017. Q3 2017 net charge of $1M includes $10M SG&A expense and $9M COGS credit. Includes $134M pension curtailment gain. Total program charges expected $1.5-1.6B. Employee-related costs component of total charges is approx $500M.
2017-09-30restructuringin_progress2015-01-01GlobalAll SegmentsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Zero-Based Budgeting (ZBB) program. Q3 2017 charge of $1M. Total charges since inception $38M.
2017-09-30restructuringin_progressZero Based Budgeting [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-07-01restructuringin_progress2017-02-012018-12-31GlobalAll segments; U.S. Snacks DSD exit includedUSD 96 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Expanded Project K program announced February 2017; total pre-tax charges expected of $1.5-$1.6 billion. Quarter charge of $96 million ($20M COGS, $76M SG&A); includes exit from U.S. Snacks Direct Store Delivery system. No employee count disclosed.
2017-07-01restructuringin_progress2017-02-012018-12-31GlobalAll segmentsUSD 238 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date Project K and cost reduction charges of $238 million ($35M COGS, $203M SG&A). Exit cost reserves of $221 million at July 1, 2017, largely for severance payable in 2017-2018. No employee count disclosed.
2017-07-01otherin_progress2017-02-01United StatesMulti-employer pension plansUSD 26 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
First-quarter 2017 expense of $26 million for exit from several multi-employer plans tied to Project K restructuring; cash payable over up to 20 years. No employee count disclosed.
2017-07-01restructuringin_progress2017-022018-12-31GlobalAll segments (U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, Corporate)USD 238 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K global efficiency program, expanded and extended in Feb 2017. YTD 2017 pre-tax charges of $238M ($96M in Q2); includes $35M in COGS and $203M in SG&A. No employee-affected counts disclosed. Program-to-date charges $1,392M; exit cost reserves $221M at 2017-07-01. Total program estimated at $1.5-1.6B pre-tax, with ~$1.1B after-tax cash costs. Includes exit from Direct Store Delivery system in U.S. Snacks.
2017-07-01restructuringin_progress20152017-12-31United States and international segmentsNorth America and international segmentsUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Zero-Based Budgeting (ZBB) program; $1M pre-tax charges YTD 2017 (less than $1M in Q2). Program-to-date charges $38M; expected total ~$40M through 2017. No employee-affected counts disclosed.
2017-07-01otherin_progress2017-01-01United StatesCorporate / employee benefit plansUSD 26 (millions)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2017 expense for exiting several multi-employer pension plans tied to Project K restructuring. Cash obligation payable over a maximum 20-year period; payment period not yet determined. Number of employees affected not disclosed.
2017-07-01restructuringin_progress2017-02-01GlobalAll segmentsUSD 96 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K expansion announced Feb 2017. Q2 2017 charges: $20M COGS, $76M SG&A. YTD 2017 charges: $35M COGS, $203M SG&A. Total program charges expected $1.5-1.6B pre-tax. Employee-related costs include severance and pension benefits.
2017-07-01restructuringin_progress2015-01-01GlobalAll segmentsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Zero-Based Budgeting (ZBB) program. YTD 2017 charges approx $1M. Total cumulative charges since inception $38M.
2017-07-01restructuringin_progressZero Based Budgeting [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-04-01restructuringin_progress2017-02-01GlobalAll segments; includes Direct Store Delivery (DSD) exit in U.S. SnacksUSD 142 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
February 2017 expansion/extension of Project K; Q1 2017 charges of $142M ($111M employee-related severance/termination benefits, $10M asset-related, $21M other). Exit cost reserves of $204M at quarter-end, mostly payable in 2017-2018. Includes exit from Direct Store Delivery distribution with affected employees notified in February; no headcount figures disclosed. Also includes $26M expense for exit of several multi-employer pension plans payable over up to 20 years.
2017-04-01restructuringin_progress2017-02-01GlobalMultiple segments including U.S. Snacks, U.S. Morning Foods, Europe, CorporateUSD 142 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2017 charges of $142M across all restructuring programs; $111M employee-related (severance/termination benefits). No employee count disclosed. Program expected to recover cash costs within five years of completion.
2017-04-01restructuringin_progress2017-02-01GlobalMultiple segments; U.S. Snacks Direct Store Delivery (DSD) exitUSD 141 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expanded/extended Project K program announced February 2017. Total pre-tax charges estimated $1.5-1.6B; 2017 charges expected $400-450M. No employee headcount impact disclosed.
2017-04-01restructuringin_progress2015-01-012017-12-31GlobalCorporate / all segmentsUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Zero-based budgeting program; $1M charge in Q1 2017. Total charges $38M since inception; expected cumulative pre-tax charges ~$40M through 2017. No employee count disclosed.
2017-04-01acquisition_additioncompleted2016-12-01BrazilLatin Americabusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Parati Group acquired December 2016 for ~$379M net of cash; added $47M net sales and $8M operating profit in Q1 2017. No headcount added disclosed.
2017-04-01restructuringin_progress2017-02-01GlobalCorporate and all segmentsUSD 142 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Expansion and extension of 'Project K'. Total charges of $142M recorded in Q1 2017 ($15M COGS, $127M SG&A). Includes $111M employee-related costs (severance/termination benefits) and $10M asset-related costs. Program expected to result in total pre-tax charges of $1.5-$1.6B.
2017-04-01restructuringin_progress2015-01-01GlobalNorth America and InternationalUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Zero-Based Budgeting (ZBB) program. Pre-tax charges of $1M recorded in Q1 2017. Total charges of $38M recognized since inception.
2017-04-01restructuringin_progressZero Based Budgeting [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progress2013-11-012019-12-31GlobalAll segments (U.S. Morning Foods ~13%, U.S. Snacks ~35%, U.S. Specialty ~1%, North America Other ~11%, Europe ~21%, Latin America ~1%, Asia Pacific ~6%, Corporate ~12% of total charges)USD 300 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Project K pre-tax charges of $300M in 2016 (current fiscal year only); cumulative charges of $1,117M since inception. Program total expected at $1.5-$1.6B pre-tax, ~$1.1B after-tax cash costs; ~$300M of annual savings realized through 2016, target $600-$700M by 2019. Employees affected not disclosed.
2016-12-31restructuringin_progress2015-01-012017-12-31United States and international segmentsNorth America (2015); expanded to international segments (2016)USD 25 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Zero-based budgeting program charges of $25M in 2016; $37M cumulative since inception, up to ~$50M total expected through 2017. Cumulative savings target of $450-$500M by end of 2018. Employees affected not disclosed.
2016-12-31acquisition_additioncompleted2016-12-012016-12-01BrazilLatin Americabusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired Parati Group (biscuits, powdered beverages, pasta) for ~BRL1.38 billion ($381M) in December 2016; headcount added not disclosed. Excluded from management's ICFR assessment as <1% of total assets and net sales.
2016-12-31acquisition_additioncompleted2016-03-012016-03-01United StatesNorth America Otherbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of an organic and natural snack company for $18M in March 2016; headcount added not disclosed.
2016-12-31acquisition_additioncompleted2016-09-012016-09-01EuropeEuropebusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquired majority ownership in a natural, bio-organic certified breakfast company for EUR3 million in September 2016; headcount added not disclosed.
2016-12-31restructuringannounced2017-02-092019-12-31GlobalAll segments; includes go-to-market model changes (U.S. Snacks DSD exit) and organizational designsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Post-year-end announcement extending Project K; total 2017 charges expected at approximately $400-$450M with ~$300M of cash expenditures. Note 5 dates the announcement February 8, 2017 while MD&A cites February 9, 2017. Employees affected not disclosed.
2016-12-31restructuringin_progress2013-11-01GlobalMultiple segmentsUSD 325 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Project K global efficiency program. Pre-tax charges of $325 million recorded in 2016. Employee-related costs were $109 million. Specific headcount affected in 2016 not disclosed.
2016-12-31restructuringin_progress2015-01-01North America and InternationalMultiple segmentsUSD 25 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Zero-Based Budgeting (ZBB) initiative. Pre-tax charges of $25 million recorded in 2016. Specific headcount affected not disclosed.
2016-12-31restructuringin_progress2013-11GlobalVariousUSD 325 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project K global efficiency program. Pre-tax charges of $325 million recorded in 2016. Employee-related costs were $109 million. Specific headcount affected not disclosed in 10-K.
2016-12-31restructuringin_progress20152018-12-31GlobalVariousUSD 25 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Zero-Based Budgeting (ZBB) initiative. Pre-tax charges of $25 million recorded in 2016. Specific headcount affected not disclosed.
2016-12-31restructuringin_progressUSD 325,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-12-31restructuringin_progressAsset Impairment [Member]USD 50,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-12-31restructuringin_progressAsset related costs [Member]USD 46,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-12-31restructuringin_progressEmployee Severance [Member]USD 109,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-12-31restructuringin_progressOther Restructuring [Member]USD 120,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-10-01restructuringin_progress2013-11-01All segments; Corporate approximately 29% of total chargesUSD 40 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Four-year efficiency program announced November 2013; quarter charge of $40M ($12M COGS, $28M SGA); YTD charge $164M; program-to-date charges $993M against expected total of $1.2-$1.4 billion pre-tax. No employee counts disclosed in this filing.
2016-10-01restructuringin_progress2015-01-012016-12-31North America; expanded to international segments in 2016USD 4 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
ZBB program initiated 2015 in North America, expanded internationally in 2016; quarter charge approximately $4M, YTD approximately $21M; cumulative charges $33M since inception. No employee counts disclosed.
2016-10-01restructuringin_progress2013-11GlobalAll reportable segments and CorporateUSD 36 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K four-year efficiency program; $36M pre-tax charge in Q3 2016 ($143M YTD). Charges comprise employee-related, asset-related and other costs; no headcount affected disclosed. Program-to-date charges $960M; exit cost reserves $67M at quarter end.
2016-10-01restructuringin_progress2015GlobalNorth America and international segmentsUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Zero-based budgeting (ZBB) initiative; $4M pre-tax charge in Q3 2016 ($21M YTD); total charges $33M since inception. No employee counts disclosed.
2016-10-01acquisition_additionannounced2016-102016-12-31BrazilLatin America segmentsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Ritmo Investimentos (controlling shareholder of Parati, biscuit/powdered beverage/pasta manufacturer) for R$1.38 billion (~$424M); expected to close Q4 2016. No headcount disclosed.
2016-10-01restructuringin_progress2013-11-01GlobalAll SegmentsUSD 40 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K ongoing efficiency program. Q3 2016 charges: $12M COGS, $28M SGA. YTD 2016 charges: $66M COGS, $98M SGA. Total program charges to date: $993M. Employee-related costs to date: $285M.
2016-10-01restructuringin_progress2015-01-01GlobalAll SegmentsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Zero-based budgeting (ZBB) initiative. Q3 2016 charges: $4M. YTD 2016 charges: $21M. Total program charges to date: $33M.
2016-10-01otherin_progress2014-03-01United StatesU.S. Morning Foodsother
f5-10q / Qwen3.6-27B-Q8_0
NLRB complaint alleging unfair labor practices at Memphis, TN cereal facility. Sixth Circuit Court of Appeals vacated NLRB order in August 2016, finding Company actions lawful. No liability recorded.
2016-10-01restructuringin_progressZero Based Budgeting [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-07-02restructuringin_progress2013-11-01GlobalAll reportable segments and CorporateUSD 924 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Four-year efficiency program announced November 2013. Charges to date of $924 million attributed to the program; current-quarter Project K charges were $60 million pre-tax and year-to-date charges $107 million per MD&A. Total program pre-tax charges expected of $1.2-$1.4 billion, including employee-related costs of $400-$450 million (severance, pension and other termination benefits). No specific employee headcount figures disclosed.
2016-07-02restructuringin_progress2015-01-012016-12-31North America, expanded to international segments in 2016North America and international segmentsUSD 29 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Zero-based budgeting (ZBB) program initiated in 2015 in North America and expanded to international segments during 2016. Cumulative pre-tax charges of $29 million since inception; $12 million in the current quarter and $17 million year-to-date. Total cumulative charges up to approximately $50 million expected through 2016. No employee headcount figures disclosed.
2016-07-02otherin_progress2015-05-01Memphis, TN, United StatesU.S. Morning Foods (cereal production facility)other
f5-10q / GLM-5.3-flash-fp4-HTML
Ongoing NLRB unfair labor practice litigation stemming from 2014 labor negotiations with the union representing the facility workforce. In May 2015 the NLRB reversed an administrative law judge decision in favor of the union; the Company is appealing. No liability recorded as an adverse outcome is not considered probable, and the matter is not expected to have a material financial impact. No affected-employee count disclosed.
2016-07-02restructuringin_progress2013-11GlobalAll segments (U.S. Morning Foods ~18%, U.S. Snacks ~17%, Europe ~17%, Corporate ~29%, North America Other ~10%, Asia-Pacific ~6%, Latin America ~2%, U.S. Specialty ~1% of pre-tax charges)USD 60 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Four-year efficiency program; $60M pre-tax charge in Q2 2016 ($107M YTD). Total program pre-tax charges estimated at $1.2–1.4B; $953M charged to date across all restructuring programs. No employee headcount affected disclosed.
2016-07-02restructuringin_progress2015United States and international segmentsNorth America (2015); expanded to international segments in 2016USD 12 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Zero-based budgeting program; $12M pre-tax charge in Q2 2016 ($17M YTD); $29M cumulative since inception. Expected total cumulative pre-tax charges up to ~$50M through 2016. No employee headcount affected disclosed.
2016-07-02otherin_progress2014-03United States (Memphis, TN)Cereal production facility; union-represented workforceother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NLRB unfair labor practice complaint arising from prior labor negotiations; Company appealing 2015 NLRB reversal. No liability recorded; no affected-employee count disclosed.
2016-07-02restructuringin_progress2013-11-01GlobalAll SegmentsUSD 72 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K and other cost reduction activities. Q2 2016 charges: $36M COGS, $36M SGA. YTD 2016 charges: $54M COGS, $70M SGA. Employee-related costs (severance) included in total charges: $6M for Q2, $20M for YTD. Total program costs to date: $953M.
2016-07-02restructuringin_progress2015-01-01North America, then InternationalAll SegmentsUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Zero-based budgeting (ZBB) program. Q2 2016 charges: $12M. YTD 2016 charges: $17M. Total charges since inception: $29M. Expanded to international segments in 2016.
2016-07-02restructuringin_progressZero Based Budgeting [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-02restructuringin_progress2013-11-01Multi-segment: U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, CorporateUSD 52 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Total Q1 2016 charges of $52 million across all restructuring and cost reduction activities ($18M COGS, $34M SGA), including $14M employee-related costs (primarily severance) and $10M asset-related costs. Cumulative program charges of $881 million to date. No employee counts affected were disclosed.
2016-04-02otherin_progress2014-03-01Memphis, TN, United StatesCereal production facilityother
f5-10q / GLM-5.3-flash-fp4-HTML
NLRB complaint alleging unfair labor practices tied to prior labor negotiations at the Memphis cereal plant; NLRB reversed an ALJ dismissal in May 2015 in favor of the union and the Company is appealing. No liability recorded as an adverse outcome is not considered probable; no employee counts disclosed.
2016-04-02restructuringin_progress2013-11GlobalAll segments; Corporate approximately 33% of charges, U.S. Morning Foods approximately 18%, Europe approximately 17%, U.S. Snacks approximately 13%USD 45 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Four-year efficiency program announced November 2013; $45 million pre-tax charge recorded in Q1 2016 (vs. $68 million in Q1 2015). Estimated total pre-tax charges of $1.2–1.4 billion; employee-related costs estimated at $400–450 million of that total. No employee counts disclosed.
2016-04-02restructuringin_progress20152016United States (North America); expanded to international segments during 2016North America business, expanding to international segmentsUSD 7 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Zero-based budgeting program initiated 2015; approximately $7 million pre-tax charge in Q1 2016, $19 million since inception. Expected cumulative pre-tax charges of approximately $25–50 million through 2016. No employee counts disclosed.
2016-04-02otherin_progress2014-03Memphis, TN, United StatesCereal production facility (union-represented workforce)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NLRB unfair labor practices complaint filed March 2014; Administrative Law Judge dismissal reversed by NLRB in May 2015 in the union's favor, now under appeal. No liability recorded; no affected-employee count disclosed.
2016-04-02restructuringin_progress2013-11-01GlobalMultiple segments (U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, Corporate)USD 45 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K program. Q1 2016 charges: $18M COGS, $34M SGA. Employee-related costs of $14M recorded in Q1 2016. Total program charges to date $881M. No specific headcount reduction disclosed for the quarter.
2016-04-02restructuringin_progress2015-01-01North America, expanding to InternationalGlobalUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Zero-based budgeting (ZBB) program. Q1 2016 charges approx $7M. Total charges to date $19M. No specific headcount reduction disclosed.
2016-04-02otherin_progress2014-03-01Memphis, TNManufacturingother
f5-10q / Qwen3.6-27B-Q8_0
NLRB complaint alleging unfair labor practices. Employees returned to work in July 2014. Case continues on appeal. No liability recorded as adverse outcome not probable.
2016-04-02restructuringin_progressAsset Impairment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-02restructuringin_progressAsset related costs [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-02restructuringin_progressEmployee Severance [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-02restructuringin_progressOther Restructuring [Member]USD 28,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-02restructuringin_progressUSD 52,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-04-02restructuringin_progressZero Based Budgeting [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-01-02restructuringin_progress2013-11-01GlobalEnterprise-wide (U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, Corporate)USD 311 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Project K four-year efficiency program; $311M pre-tax charges in FY2015 per MD&A (footnote total for all cost reduction initiatives was $323M, including $62M employee-related costs). Cumulative charges since inception of $817M through 2015-01-02. No employees-affected count disclosed; program announced November 2013.
2016-01-02restructuringin_progress2015-01-04United StatesNorth America (zero-based budgeting program)USD 12 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Zero-based budgeting initiative launched in North America during 2015; expected to deliver about $100M in annual North America savings in 2016. Cumulative pre-tax charges of $25-50M expected through 2016. No employees-affected count disclosed.
2016-01-02acquisition_additioncompleted2015-01-182015-01-18EgyptEurope reportable segmentbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of majority interest in Bisco Misr, Egypt's number one packaged biscuits company, for $125M ($117M net of cash). Added $54M incremental net sales in 2015. No headcount disclosed.
2016-01-02acquisition_additioncompleted2015-09-012015-09-30EgyptEurope reportable segmentbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Mass Foods, Egypt's leading cereal company, for $46M ($44M net of cash), completed September 2015; exact day not disclosed. Added $4M incremental net sales in 2015. No headcount disclosed.
2016-01-02divestiture_reductioncompleted2014-09-27United StatesU.S. Specialty reportable segmentMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to sell the Loma Linda vegan/vegetarian canned-meat substitute business to Atlantic Natural Foods was entered into during the quarter ended 2014-09-27; disposition reduced reported net sales by about $9M in 2015. No headcount disclosed and exact announcement/completion dates not stated.
2016-01-02restructuringin_progress2013-11-01GlobalAll SegmentsUSD 323 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Project K and zero-based budgeting initiatives. Total pre-tax charges of $323 million recorded in 2015. Employee-related costs were $62 million. Specific headcount reduction numbers were not disclosed.
2016-01-02restructuringin_progress2013-11GlobalVariousUSD 323 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project K global efficiency program. $323M pre-tax charges recorded in 2015. Employee-related costs were $62M. Specific headcount affected not disclosed in this filing.
2016-01-02restructuringin_progress2015North AmericaVariousUSD 12 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Zero-based budgeting (ZBB) program initiated in North America. $12M pre-tax charges recorded in 2015. Specific headcount affected not disclosed.
2016-01-02restructuringin_progressUSD 323,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-02restructuringin_progressAsset Impairment [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-02restructuringin_progressAsset related costs [Member]USD 103,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-02restructuringin_progressEmployee Severance [Member]USD 62,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-02restructuringin_progressOther Restructuring [Member]USD 140,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-01-02restructuringin_progressZero-based Budgeting [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-10-03restructuringin_progress2013-11-01All reportable segments and CorporateUSD 85 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Four-year efficiency program announced November 2013; Q3 2015 charges of $85M ($31M employee-related, $15M asset-related, $39M other); YTD 2015 charges $243M; program-to-date charges $749M; exit cost reserves of $73M at quarter-end, mostly payable in 2015-2016. No employee counts disclosed.
2015-10-03otherin_progress2014-03-01Memphis, TN, United StatesCereal production facilityother
f5-10q / GLM-5.3-flash-fp4-HTML
NLRB complaint alleging unfair labor practices tied to labor negotiations at Memphis cereal plant; ALJ dismissed complaint in 2014, NLRB reversed in favor of union in May 2015; company appealing. No liability recorded; no employee counts disclosed.
2015-10-03restructuringin_progress2013-112017-12-31GlobalAll segments; charges allocated across U.S. Morning Foods (~18%), U.S. Snacks (~12%), U.S. Specialty (~1%), North America Other (~9%), Europe (~14%), Latin America (~3%), Asia-Pacific (~6%), Corporate (~37%)USD 749 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Four-year efficiency program announced Nov 2013; no employee counts disclosed. Program-to-date charges $749M ($6M revenue reduction, $480M COGS, $263M SGA); Q3 charge $85M, YTD $243M. Total estimated pre-tax charges $1.2–1.4B; exit cost reserves $73M at quarter end; expected annual savings $425–475M by 2018.
2015-10-03otherin_progress2014-03United States (Memphis, TN)Cereal production facility (unionized workforce)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NLRB complaint filed March 2014 over prior labor negotiations; employees returned to work July 2014, NLRB reversed an administrative judge's dismissal in May 2015, Company appealing. No liability recorded; no affected-employee count disclosed.
2015-10-03restructuringin_progress2013-11-01GlobalAll SegmentsUSD 85 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K program. Q3 2015 charges: $31M employee-related, $15M asset-related, $39M other. YTD 2015 charges: $64M employee-related, $62M asset-related, $99M other. Total program costs to date: $749M.
2015-10-03restructuringin_progress2013-11-01United StatesU.S. Morning FoodsUSD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q3 2015.
2015-10-03restructuringin_progress2013-11-01United StatesU.S. SnacksUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q3 2015.
2015-10-03restructuringin_progress2013-11-01United StatesU.S. SpecialtyUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q3 2015.
2015-10-03restructuringin_progress2013-11-01North AmericaNorth America OtherUSD 11 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q3 2015.
2015-10-03restructuringin_progress2013-11-01EuropeEuropeUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q3 2015.
2015-10-03restructuringin_progress2013-11-01Latin AmericaLatin AmericaUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q3 2015.
2015-10-03restructuringin_progress2013-11-01Asia PacificAsia PacificUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q3 2015.
2015-10-03restructuringin_progress2013-11-01GlobalCorporateUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q3 2015.
2015-10-03restructuringin_progressUSD 243,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-10-03restructuringin_progressAsset Impairment [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-10-03restructuringin_progressAsset related costs [Member]USD 62,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-10-03restructuringin_progressEmployee Severance [Member]USD 64,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-10-03restructuringin_progressOther Restructuring [Member]USD 99,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-07-04restructuringin_progress2013-11-01Multi-segment: U.S. Morning Foods ~18%, U.S. Snacks ~12%, U.S. Specialty ~1%, North America Other ~9%, Europe ~14%, Latin America ~3%, Asia-Pacific ~6%, Corporate ~37% of total expected pre-tax chargesUSD 90 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Four-year efficiency program announced November 2013; total expected pre-tax charges $1.2-$1.4 billion; $664 million recognized since inception. Quarter charge of $90 million comprises $16 million employee-related, $24 million asset-related, $18 million asset impairment, and $32 million other costs. No employee counts affected were disclosed.
2015-07-04restructuringin_progress2013-11-01Multi-segment (Project K)USD 158 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date 2015 charges of $158 million: $33 million employee-related, $47 million asset-related, $18 million asset impairment, $60 million other. Exit cost reserves of $78 million at July 4, 2015, largely payable in 2015-2016; employee-related reserve $65 million. Expected 2015 savings of $90-$100 million.
2015-07-04otherin_progress2014-03-01Memphis, TN, United StatesCereal production facilityother
f5-10q / GLM-5.3-flash-fp4-HTML
NLRB complaint alleging unfair labor practices tied to prior labor negotiations; employees returned to work in 2014; NLRB reversed the ALJ dismissal in May 2015 in favor of the union; company appealing. No liability recorded; no material production or financial impact expected.
2015-07-04restructuringin_progress2013-11GlobalAll reportable segments and CorporateUSD 664 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Four-year efficiency program; $90M charges in Q2 and $158M YTD 2015; $664M program-to-date; employee-related costs $16M in Q2, $33M YTD, $230M to date; exit cost reserves $78M at quarter-end; no employee counts disclosed
2015-07-04acquisition_additioncompleted2015-01-182015-01-18EgyptEuropebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Majority interest in Bisco Misr acquired for $125M ($117M net of cash); headcount added not disclosed
2015-07-04otherin_progress2014-03United StatesMemphis, TN cereal production facilityother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NLRB unfair labor practice complaint; NLRB reversed dismissal in May 2015 in favor of union, Company appealing; no liability recorded, affected-employee count not disclosed
2015-07-04restructuringin_progress2013-11-01GlobalCorporate and all operating segmentsUSD 90 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K program. Q2 2015 charges: $16M employee-related, $24M asset-related, $32M other. YTD 2015 charges: $33M employee-related, $47M asset-related, $60M other. Total program costs to date: $664M. Exit cost reserves as of July 4, 2015: $78M.
2015-07-04restructuringin_progress2013-11-01United StatesU.S. Morning FoodsUSD 13 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q2 2015.
2015-07-04restructuringin_progress2013-11-01United StatesU.S. SnacksUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q2 2015.
2015-07-04restructuringin_progress2013-11-01United StatesU.S. SpecialtyUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q2 2015.
2015-07-04restructuringin_progress2013-11-01North AmericaNorth America OtherUSD 23 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q2 2015.
2015-07-04restructuringin_progress2013-11-01EuropeEuropeUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q2 2015.
2015-07-04restructuringin_progress2013-11-01Latin AmericaLatin AmericaUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q2 2015.
2015-07-04restructuringin_progress2013-11-01Asia PacificAsia PacificUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q2 2015.
2015-07-04restructuringin_progress2013-11-01GlobalCorporateUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K segment breakdown for Q2 2015.
2015-07-04restructuringin_progressUSD 158,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-07-04restructuringin_progressAsset Impairment [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-07-04restructuringin_progressAsset related costs [Member]USD 47,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-07-04restructuringin_progressEmployee Severance [Member]USD 33,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-07-04restructuringin_progressOther Restructuring [Member]USD 60,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-04-04restructuringin_progress2013-11-01All reportable segments and CorporateUSD 68 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2015 charges of $68M across all restructuring activities: $17M employee-related (severance), $23M asset-related, $28M other. Program-to-date charges $574M; total exit cost reserves $87M at quarter end, largely payable in 2015-2016. No employee counts disclosed.
2015-04-04restructuringin_progress2013-11GlobalEnterprise-wide (U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, Corporate)USD 68 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K four-year program; $68M total charges recorded in Q1 2015 across all restructuring activities ($2M revenue reduction, $32M COGS, $34M SGA). Program-to-date charges $574M; estimated total pre-tax charges $1.2–$1.4B. No employee headcount affected disclosed. Exit cost reserves $87M at quarter-end.
2015-04-04acquisition_additioncompleted2015-01-182015-01-18EgyptEurope operating segmentbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Majority interest in Bisco Misr acquired for $125M ($117M net of cash); no headcount added disclosed. Purchase price allocation preliminary.
2015-04-04otherin_progress2014-03United States (Memphis, TN)Cereal production facilityother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NLRB unfair labor practice complaint regarding Memphis facility labor negotiations; NLRB reversed the Administrative Law Judge's dismissal in May 2015 in favor of the union; Kellogg appealing. Employees returned to work in 2014. No liability recorded; no affected-employee count disclosed.
2015-04-04restructuringin_progress2013-11-01GlobalCorporate and all reportable segmentsUSD 68 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K program. Q1 2015 charges: $17M employee-related, $23M asset-related, $28M other. Total program charges to date: $574M. Employee-related costs consist primarily of severance benefits.
2015-04-04otherin_progress2014-03-01Memphis, TNManufacturingother
f5-10q / Qwen3.6-27B-Q8_0
NLRB complaint alleging unfair labor practices. May 2015 NLRB reversed ALJ decision in favor of union. Company appealing. No liability recorded as adverse outcome not probable.
2015-04-04restructuringin_progress Employee SeveranceUSD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-04-04restructuringin_progress Asset ImpairmentUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-04-04restructuringin_progress Asset Related CostsUSD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-04-04restructuringin_progress Other RestructuringUSD 28,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-04-04restructuringin_progressUSD 68,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-01-03restructuringin_progress2013-11GlobalAll segments; Corporate carries approximately 42% of expected pre-tax chargesUSD 298 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Four-year efficiency and effectiveness program announced November 2013. $298M is the fiscal 2014 charge for all cost reduction initiatives (of which Project K operating-profit impact was $298M); cumulative charges since inception were $506M through January 3, 2015. No employees-affected count disclosed. Expected total pre-tax charges of $1.2–1.4B once all phases approved; exit cost reserves of $110M at year-end, substantial portion payable in 2015 and 2016.
2015-01-03acquisition_additionannounced2015-01EgyptPackaged biscuits business (Bisco Misr)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
In January 2015 the Company acquired a majority stake in Bisco Misr for approximately $125 million, funded with short-term debt. No headcount associated with the acquisition is disclosed.
2015-01-03restructuringin_progress2013-11GlobalAll segmentsUSD 298 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Project K is a four-year efficiency and effectiveness program announced in November 2013. Total pre-tax charges expected are $1.2 to $1.4 billion. Charges incurred in 2014 were $298 million, comprising employee-related costs ($90M), asset-related costs ($37M), asset impairment ($21M), and other costs ($150M). Specific employee count affected in 2014 is not disclosed.
2015-01-03restructuringin_progress2013-11GlobalAll SegmentsUSD 298 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Project K global efficiency program announced Nov 2013. Total pre-tax charges expected $1.2-$1.4 billion. 2014 charges were $298 million ($90M employee-related, $37M asset-related, $21M asset impairment, $150M other). Employee headcount reduction not explicitly quantified in filing.
2015-01-03restructuringin_progress Employee Severance / Exit CostsUSD 90,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-01-03restructuringin_progress Asset Impairment Charge / Exit CostsUSD 21,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-01-03restructuringin_progress Asset Related Cost / Exit CostsUSD 37,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-01-03restructuringin_progress Other Restructuring / Exit CostsUSD 150,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-01-03restructuringin_progress Exit CostsUSD 298,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-27restructuringin_progress2013-11-01GlobalAll segments; Corporate approximately 48% of total pre-tax chargesUSD 92 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Four-year efficiency program announced November 2013; quarterly charge of $92M ($64M COGS, $28M SGA), including $22M employee-related costs (primarily severance) and $21M asset impairment. Total pre-tax charges expected of $1.2-$1.4 billion; employee-related costs expected $425-$475 million. Costs to date $419 million. No employee headcount affected disclosed.
2014-09-27restructuringin_progress2013-11-01GlobalAll segments; Corporate approximately 48% of total pre-tax chargesUSD 224 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date charges of $224M ($120M COGS, $104M SGA), including $74M employee-related costs (primarily severance). Restructuring liability of $121M at September 27, 2014, including $112M employee-related costs; substantial portion to be paid in 2014-2015. No employee headcount affected disclosed.
2014-09-27otherin_progress2014-03-01Memphis, TN, United StatesCereal production facility (U.S. Morning Foods)other
f5-10q / GLM-5.3-flash-fp4-HTML
Labor dispute at Memphis cereal plant: NLRB complaint alleging unfair labor practices filed March 2014; July 2014 U.S. District Court ruling entitled employees to return to work while litigation continues; employees have returned. No liability recorded due to uncertainty of outcome.
2014-09-27restructuringin_progress2013-11-01GlobalAll segments and CorporateUSD 224 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K four-year program; $224M YTD charges ($120M COGS, $104M SGA); $419M costs to date; total pre-tax charges estimated $1.2–1.4B; no employee counts disclosed
2014-09-27plant_closurein_progress2013-11-01United StatesU.S. SnacksUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Manufacturing facility written down to $3M fair value in Q3 2014 under Project K; $21M impairment; no headcount disclosed
2014-09-27restructuringin_progress2013-11-01GlobalAll segmentsUSD 92 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K program. Q3 2014 charges of $92M ($64M COGS, $28M SGA). Employee-related costs were $22M. Total program costs to date $458M. Expected total pre-tax charges $1.2B-$1.4B.
2014-09-27otherin_progress2014-03-01Memphis, TNU.S. Morning Foodsother
f5-10q / Qwen3.6-27B-Q8_0
NLRB complaint alleging unfair labor practices. Court ruled employees entitled to return to work in July 2014. No liability recorded.
2014-09-27restructuringin_progress Other RestructuringUSD 113,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-27restructuringin_progress Asset Related CostsUSD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-27restructuringin_progress Employee SeveranceUSD 74,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-27restructuringin_progressUSD 224,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-27restructuringin_progress Asset ImpairmentUSD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-28restructuringin_progress2013-11-01GlobalAll segmentsUSD 78 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Project K, a four-year efficiency program announced November 2013; Q2 2014 charges of $78 million ($31M in COGS, $47M in SGA), including $35M employee-related costs. Total program pre-tax charges estimated at $1.2-$1.4 billion.
2014-06-28restructuringin_progress2013-11-01GlobalAll segmentsUSD 132 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date 2014 charges of $132 million ($56M COGS, $76M SGA), including $52M employee-related costs; program costs to date $374 million. Employee-related liability of $103 million at June 28, 2014, largely payable in 2014-2015.
2014-06-28otherin_progress2014-03-01Memphis, TN, United StatesU.S. Morning Foodsother
f5-10q / GLM-5.3-flash-fp4-HTML
NLRB complaint alleging unfair labor practices during labor negotiations at Memphis cereal plant; July 30, 2014 court ruling allows employees to return to work during litigation. No liability recorded.
2014-06-28restructuringin_progress2013-11GlobalAll segments; charges allocated across U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, and CorporateUSD 132 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K, a four-year efficiency and effectiveness program announced November 2013. YTD 2014 charges of $132M ($56M in COGS, $76M in SGA); Q2 charges of $78M. Total expected pre-tax charges of $1.2–1.4B once all phases approved, including employee-related costs of $425–475M (severance, pension, termination benefits). No number of employees affected is disclosed. Program costs to date of $374M; restructuring liability of $115M at quarter end.
2014-06-28otherin_progress2014-03Memphis, TN, United StatesCereal production facility (U.S. Morning Foods)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Ongoing labor negotiations with the union at the Memphis cereal facility; NLRB filed a complaint alleging unfair labor practices in March 2014. On July 30, 2014 (subsequent event), a U.S. District Court judge ruled Memphis employees could return to work while litigation continues. No liability recorded; no affected-employee count disclosed.
2014-06-28restructuringin_progress2013-11GlobalCorporate and all segmentsUSD 132 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K program. YTD 2014 charges of $132M ($56M COGS, $76M SGA). Employee-related costs of $52M included. Total expected pre-tax charges $1.2B-$1.4B. Employee headcount impact not disclosed.
2014-06-28otherin_progress2014-03United StatesU.S. Morning Foodsother
f5-10q / Qwen3.6-27B-Q8_0
NLRB complaint alleging unfair labor practices at Memphis, TN cereal facility. Court ruled employees entitled to return to work July 30, 2014. No liability recorded.
2014-06-28restructuringin_progress Other RestructuringUSD 70,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-28restructuringin_progress Asset Related CostsUSD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-28restructuringin_progress Employee SeveranceUSD 52,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-28restructuringin_progressUSD 132,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-29restructuringin_progress2013-11-01GlobalAll segments; majority of costs in CorporateUSD 54 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Project K, a four-year efficiency and effectiveness program announced November 2013. Q1 2014 charges of $54 million ($25M in COGS, $29M in SGA); employee-related severance costs of $17 million in the quarter. Total program pre-tax charges estimated at $1.2-$1.4 billion; costs incurred to date $255 million. No employee counts disclosed.
2014-03-29otherin_progress2014-03-01Memphis, TN, United StatesCereal production facilityother
f5-10q / GLM-5.3-flash-fp4-HTML
During ongoing labor negotiations with the union representing the Memphis, TN cereal plant workforce, the NLRB filed a complaint alleging unfair labor practices in March 2014. No liability recorded; not expected to materially affect production or distribution.
2014-03-29restructuringin_progress2013-11GlobalAll segments; Corporate ~57% of expected chargesUSD 54 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K four-year program; Q1 2014 charges $54M ($25M COGS, $29M SGA). Total program estimated at $1.2–1.4B pre-tax. No employee headcount affected disclosed.
2014-03-29otherin_progress2014-03United States — Memphis, TNCereal production facilityother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
NLRB filed unfair labor practices complaint during ongoing union labor negotiations; no liability recorded due to outcome uncertainty.
2014-03-29restructuringin_progress2013-11-01GlobalAll segmentsUSD 54 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Project K program. Q1 2014 charges of $54M ($25M COGS, $29M SGA). Employee-related costs of $17M recorded in Q1. Total program costs to date $317M. Expected total pre-tax charges $1.2B-$1.4B.
2014-03-29otherannounced2014-03-01United StatesManufacturingother
f5-10q / Qwen3.6-27B-Q8_0
NLRB filed complaint alleging unfair labor practices at Memphis, TN cereal production facility. No liability recorded due to uncertainty.
2014-03-29restructuringin_progress Employee SeveranceUSD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-29restructuringin_progress Asset ImpairmentUSD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-29restructuringin_progress Asset Related CostsUSD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-29restructuringin_progress Other RestructuringUSD 34,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-29restructuringin_progressUSD 54,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-28restructuringin_progress2013-11-042018-12-31GlobalAll reportable segments and CorporateUSD 208 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Four-year efficiency program announced November 4, 2013; $208M of pre-tax charges recognized in FY2013 ($174M in COGS, $34M in SGA), comprising $107M employee-related, $66M asset impairment, $6M other asset-related and $29M other costs. Total program pre-tax charges estimated at $1.2–$1.4B once all phases approved; after-tax cash costs $900M–$1.1B. Employees affected not disclosed; FY2013 charges allocated by segment (U.S. Morning Foods $100M, U.S. Snacks $19M, U.S. Specialty $3M, North America Other $9M, Europe $19M, Latin America $4M, Asia Pacific $24M, Corporate $30M). Exit cost reserves of $77M at year-end, substantial portion payable in 2014 and 2015; savings of $425–$475M expected annually by 2018.
2013-12-28restructuringin_progressGlobalCOGS (manufacturing network) and SGA (global support functions)USD 42 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ongoing COGS and SGA cost reduction initiatives commenced prior to Project K; $42M of FY2013 charges ($21M COGS, $21M SGA), of which $7M employee-related, $4M asset-related, $4M asset impairment, $27M other. Exit cost reserves of $1M at year-end for severance payable in 2014. Employees affected not disclosed; no announcement date stated.
2013-12-28plant_closurein_progressAustraliaAsia PacificUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Manufacturing facility closed during 2012 and held for sale at year-end 2013; FY2013 reflects a further $4M asset impairment on the held-for-sale facility (2012 closure-related impairment was $17M, recognized in prior year). Employees affected at closure not disclosed.
2013-12-28restructuringin_progress2013-11-012017-12-31GlobalAll SegmentsUSD 208 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Project K announced in November 2013. Total pre-tax charges expected $1.2-$1.4 billion over four years. $208 million recognized in 2013 ($174M COGS, $34M SGA). Employee-related costs of $107M included severance and pension charges. Specific headcount reduction not disclosed.
2013-12-28restructuringcompletedGlobalAll SegmentsUSD 42 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Pre-Project K cost reduction initiatives. $42 million recorded in 2013 ($21M COGS, $21M SGA). Employee-related costs of $7M. Specific headcount reduction not disclosed.
2013-12-28restructuringin_progress2013-11-01GlobalAll segmentsUSD 208 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Announced global four-year efficiency and effectiveness program (Project K). Recognized $208 million in charges in 2013. Employee-related costs of $107 million included severance and pension charges. Specific headcount reduction not disclosed.
2013-12-28restructuringcompletedGlobalAll segmentsUSD 42 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Cost reduction initiatives prior to Project K. Recorded $42 million in charges in 2013, including $7 million in employee-related costs. Specific headcount reduction not disclosed.
2013-12-28plant_closurecompletedAustraliaAsia PacificUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Closure of a manufacturing facility in Australia. Recognized $4 million in asset impairment charges in 2013. Specific headcount reduction not disclosed.
2013-12-28restructuringin_progress Employee Severance / Project KUSD 107,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-28restructuringin_progress Asset Impairment Charge / Project KUSD 66,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-28restructuringin_progress Asset Related Cost / Project KUSD 6,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-28restructuringin_progress Other Restructuring / Project KUSD 29,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-12-28restructuringin_progress Project KUSD 208,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-28restructuringin_progress2013-12-31Multiple segments (COGS and SGA initiatives)USD 9 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date charges of $9 million for on-going COGS/SGA cost-reduction initiatives; program costs to date $29 million; expected additional $2 million in exit costs in 2013; initiatives expected to be substantially complete by end of 2013. Q3 included a $1 million reduction to severance reserves (U.S. Morning Foods). No exit cost reserves for severance at September 28, 2013.
2013-09-28restructuringin_progress2013-12-31EuropeEurope Supply ChainUSD 2 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Two new initiatives commenced in Q3 2013 to improve operational effectiveness in Europe; total expected costs $6 million, primarily severance and asset write-offs; Q3 charge of $2 million primarily severance; severance reserves of $2 million at September 28, 2013; additional $4 million expected in 2013.
2013-09-28restructuringannounced2013-11-042017-11-04GlobalGlobal efficiency and effectiveness program (Corporate ~47%, U.S. Morning Foods ~18%, U.S. Snacks ~10%, Europe ~8%, Asia-Pacific ~7%, Latin America ~5%, North America Other ~3%, U.S. Specialty ~2%)USD 1,200 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Project K, a global four-year efficiency and effectiveness program announced November 4, 2013. Expected total pre-tax charges of $1.2 to $1.4 billion (cash costs $900 million to $1.1 billion), including employee-related costs of $425 to $475 million (severance, pension and other termination benefits), asset-related costs of $450 to $500 million, and other costs of $325 to $425 million. $17 million of charges recognized in Q3 2013 ($8 million employee-related, $9 million other); exit cost reserves of $6 million at September 28, 2013. Savings expected to reach $425 to $475 million annually by 2018.
2013-09-28plant_closurein_progressAustraliaAsia PacificMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
MD&A attributes the Asia Pacific year-to-date decline in underlying internal operating profit primarily to charges in the first quarter of 2013 related to the closure of a plant in Australia. No employee counts or charge amounts disclosed in this filing.
2013-09-28restructuringin_progress2013-12-31GlobalU.S. Morning Foods; U.S. Snacks; Europe; Asia PacificUSD 9 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date charges for ongoing COGS and SGA cost-reduction initiatives; no employee counts disclosed. Q3 recorded a $1M reduction from severance reserve adjustments. Expected substantially complete by end of 2013; additional $2M of exit costs expected in 2013.
2013-09-28restructuringin_progress2013-12-31EuropeEurope Supply ChainUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Two new Europe supply chain initiatives commenced during the quarter; $2M charge recorded in Q3, $2M severance reserve at quarter-end, additional $4M expected in 2013. Total expected program cost $6M. No employee counts disclosed.
2013-09-28restructuringannounced2013-11-04GlobalAll segments and CorporateUSD 1,300 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Project K, a four-year efficiency program announced 2013-11-04 (after quarter end). Total pre-tax charges estimated at $1.2–1.4B with cash costs of $900M–$1.1B; $17M of charges recognized in Q3 2013. No employee counts disclosed; charge value shown is midpoint of disclosed range.
2013-09-28restructuringin_progress2013-11-04GlobalGlobalUSD 17 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Project K announced Nov 4, 2013. $17M charges recognized in Q3 2013. Total expected pre-tax charges $1.2-$1.4B over four years. Employee-related costs estimated at $425-$475M.
2013-09-28restructuringin_progress2013-12-31EuropeSupply ChainUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Europe Supply Chain initiatives commenced in Q3 2013. $2M charge recorded. Total expected costs $6M.
2013-09-28restructuringin_progress2013-12-31GlobalCOGS and SGAUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
On-going initiatives. $9M charges recorded YTD 2013. Includes $1M reduction in expense in Q3.
2013-09-28restructuringin_progress Project KUSD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-29restructuringin_progressUnited StatesU.S. Morning Foods; U.S. SnacksUSD 4 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date exit costs of $10 million total; U.S. components include $4 million severance, $4 million asset write-offs, and $2 million other cash costs including relocation of assets and employees. No employee counts disclosed.
2013-06-29plant_closurein_progressAustraliaAsia PacificUSD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
MD&A attributes the Asia Pacific year-to-date internal operating profit decline primarily to first-quarter charges related to the closure of a plant in Australia. No employee counts disclosed.
2013-06-29restructuringin_progressUnited States; Asia PacificU.S. Morning Foods; U.S. Snacks; Asia PacificUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
YTD exit/disposal costs of $10M ($4M severance, $4M asset write-offs, $2M other cash costs); segment split: U.S. Morning Foods $3M, U.S. Snacks $1M, Asia Pacific $6M. No employee counts disclosed; no severance reserve at quarter end; additional $4M expected in 2013.
2013-06-29plant_closurecompletedAustraliaAsia PacificMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
First-quarter 2013 plant closure in Australia cited as driver of Asia Pacific year-to-date internal operating profit decline; no headcount or charge amount disclosed for the closure itself.
2013-06-29restructuringin_progressAsia PacificAsia PacificUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2013 costs of $6M recorded in Asia Pacific segment for exit/disposal activities.
2013-06-29restructuringin_progressUnited StatesU.S. Morning FoodsUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2013 costs of $3M recorded in U.S. Morning Foods segment for exit/disposal activities.
2013-06-29restructuringin_progressUnited StatesU.S. SnacksUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2013 costs of $1M recorded in U.S. Snacks segment for exit/disposal activities.
2013-06-29plant_closurecompletedAustraliaAsia PacificMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closure of a plant in Australia cited as primary cause for Asia Pacific internal operating profit decline.
2013-03-30restructuringin_progressUnited StatesU.S. Morning FoodsUSD 2 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Quarterly exit costs of $9 million across two ongoing programs, disclosed by segment; includes $4M severance, $4M asset write-offs, $1M other cash costs
2013-03-30restructuringin_progressUnited StatesU.S. SnacksUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Quarterly exit costs of $9 million across two ongoing programs, disclosed by segment
2013-03-30restructuringin_progressAsia PacificAsia PacificUSD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Quarterly exit costs of $9 million across two ongoing programs, disclosed by segment; Asia Pacific portion includes charges related to the Australia plant closure
2013-03-30plant_closurein_progressAustraliaAsia PacificMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Plant closure in Australia cited as primary driver of Asia Pacific operating profit decline; no employee count disclosed. Charges likely overlap with the Asia Pacific exit-cost record
2013-03-30restructuringin_progress2013-12-31United StatesU.S. Morning FoodsUSD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2013 exit costs of $9M across two ongoing programs, allocated $2M to this segment; no employee counts disclosed. Company expects an additional $4M of exit costs in 2013.
2013-03-30restructuringin_progress2013-12-31United StatesU.S. SnacksUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Segment allocation of the $9M Q1 2013 exit costs; no employee counts disclosed.
2013-03-30plant_closurein_progress2013-12-31AustraliaAsia PacificUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Largest segment allocation of Q1 2013 exit costs; MD&A attributes Asia Pacific operating profit decline primarily to charges related to closure of a plant in Australia. No employee counts disclosed; exit cost reserves at 2013-03-30 were $1M for severance.
2013-03-30acquisition_additionin_progress2012-05-312013-05-31GlobalU.S. Snacks (Pringles)USD 20 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pringles acquisition integration costs of $20M incurred in Q1 2013 ($15M SGA, $4M COGS, $1M net sales); purchase price allocation still preliminary. No headcount added through the acquisition is disclosed.
2013-03-30restructuringin_progress2013-12-31Asia PacificAsia PacificUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of ongoing cost-reduction programs. Q1 2013 costs included $4M severance, $4M asset write-offs, $1M other cash costs. Total program costs to date $29M.
2013-03-30restructuringin_progress2013-12-31United StatesU.S. Morning FoodsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of ongoing cost-reduction programs.
2013-03-30restructuringin_progress2013-12-31United StatesU.S. SnacksUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of ongoing cost-reduction programs.
2013-03-30plant_closurecompletedAustraliaAsia PacificMD&A
f5-10q / Qwen3.6-27B-Q8_0
MD&A cites 'charges related to the closure of a plant in Australia' as a primary driver for the 31% decline in Asia Pacific internal operating profit.
2012-12-29acquisition_additioncompleted2012-05-312012-05-31GlobalU.S. Snacks and international snacksbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Pringles business acquired from P&G for $2.668 billion net of cash; contributed net revenues of $887 million since acquisition. No headcount added disclosed; transaction and integration costs of $73M in SGA, $3M in COGS, $5M bridge financing fees in OIE.
2012-12-29plant_closurecompletedAustraliaAsia PacificUSD 17 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Certain long-lived assets in Australia written down to fair value of $11 million, producing a $17 million fixed asset impairment recorded in COGS; MD&A cites charges related to closure of an Australia plant. Employees affected not disclosed.
2012-12-29divestiture_reductioncompletedChinaAsia Pacific (Navigable Foods)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net assets of Navigable Foods (China cookies/crackers business) sold in 2012 for $11 million proceeds approximating carrying value; noncontrolling interest acquired in 2011 with $5 million paid in 2012. Employees affected not disclosed.
2012-12-29restructuringin_progress2013-12-31United States, Europe, Asia PacificU.S. Morning Foods & Kashi, U.S. Snacks, Europe, Asia PacificUSD 18 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
FY2012 activity only: $18M of exit/disposal costs comprising $3M severance and $19M asset write-offs offset by a $4M pension withdrawal liability reduction. Asset write-offs: Europe $1M, Asia Pacific $17M; severance: U.S. Snacks $2M, U.S. Morning Foods & Kashi $1M. Exit cost reserves of $1M at year-end for severance payable in 2013. Employees affected not disclosed.
2012-12-29otherin_progressUnited StatesMultiemployer pension plan participationUSD -5 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net estimated withdrawal expense from certain multiemployer plans was a $5 million credit in 2012 (vs. $5 million expense in 2011); associated cash obligation payable over up to 20 years. Employees affected not disclosed.
2012-12-29restructuringcompleted2012-01-012012-12-29GlobalVariousUSD 18 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Total costs of $18 million recorded in 2012, including $3 million severance and $19 million asset write-offs offset by $4 million pension liability reduction. Specific employee count not disclosed.
2012-12-29plant_closurecompleted2012-01-012012-12-29AustraliaAsia PacificUSD 17 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Fixed asset impairment charge of $17 million recorded in COGS for closure of plant in Australia. Specific employee count not disclosed.
2012-12-29restructuringcompletedGlobalVariousUSD 18 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Recorded $18 million in costs associated with exit or disposal activities in 2012, including $3 million severance and $19 million asset write-offs offset by $4 million pension withdrawal liability reduction. Employee count not explicitly disclosed.
2012-12-29acquisition_additioncompleted2012-05-31GlobalSnacksbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquired Pringles business from P&G on May 31, 2012. Headcount added not explicitly disclosed.
2012-09-29restructuringin_progressUnited StatesU.S. SnacksUSD 2 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date severance cost within $5 million of total exit/disposal costs; no employee count disclosed
2012-09-29restructuringin_progressUnited StatesU.S. Morning Foods and KashiUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date severance cost within $5 million of total exit/disposal costs; no employee count disclosed
2012-09-29restructuringin_progressEuropeEuropeUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date asset write-off cost within $5 million of total exit/disposal costs; no employee count disclosed
2012-09-29restructuringin_progressUnited StatesU.S. SnacksUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date asset write-off cost within $5 million of total exit/disposal costs; no employee count disclosed
2012-09-29acquisition_additioncompleted2012-05-31GlobalPringles businessUSD 2,674 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Pringles acquisition from P&G completed May 31, 2012; purchase price net of cash $2.674 billion; no headcount added disclosed
2012-09-29restructuringin_progressUnited States; EuropeU.S. Snacks; U.S. Morning Foods & Kashi; EuropeUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
YTD 2012 exit/disposal costs of $5M: $2M severance (U.S. Snacks), $1M severance (U.S. Morning Foods & Kashi), $1M asset write-offs (Europe), $1M asset write-offs (U.S. Snacks). No employee counts disclosed. Company expects an additional $3M of exit costs in 2012; $33M incurred to date on active programs.
2012-09-29restructuringin_progress2012-12-31United States; EuropeU.S. Snacks; U.S. Morning Foods & Kashi; EuropeUSD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q3 2012 exit costs of $1M, consisting of asset write-offs in the U.S. Snacks segment; no severance in the quarter and no employee counts disclosed.
2012-09-29restructuringin_progress2012-12-31U.S. SnacksU.S. SnacksUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q3 2012 costs included $1 million asset write-offs. Program expected to complete in 2012.
2012-09-29restructuringin_progress2012-12-31U.S. SnacksU.S. SnacksUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2012 costs included $2 million severance. Program expected to complete in 2012.
2012-09-29restructuringin_progress2012-12-31U.S. Morning Foods and KashiU.S. Morning Foods and KashiUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2012 costs included $1 million severance. Program expected to complete in 2012.
2012-09-29restructuringin_progress2012-12-31EuropeEuropeUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2012 costs included $1 million asset write-offs. Program expected to complete in 2012.
2012-06-30restructuringin_progressUnited StatesU.S. SnacksUSD 2 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Severance recorded during quarter and YTD ended June 30, 2012 under ongoing cost-reduction programs
2012-06-30restructuringin_progressUnited StatesU.S. Morning Foods and KashiUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Severance recorded during quarter and YTD ended June 30, 2012 under ongoing cost-reduction programs
2012-06-30restructuringin_progressEuropeEuropeUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Asset write-offs recorded during quarter and YTD ended June 30, 2012
2012-06-30acquisition_additioncompleted2012-05-312012-05-31International snacks / U.S. SnacksUSD 2,674 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of Pringles business from P&G completed May 31, 2012; headcount added not disclosed
2012-06-30restructuringin_progressUnited States; EuropeU.S. Snacks; U.S. Morning Foods and Kashi; EuropeUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Ongoing exit/disposal programs; $4M of exit costs recorded in Q2 2012 and YTD ($2M severance in U.S. Snacks, $1M severance in U.S. Morning Foods and Kashi, $1M asset write-offs in Europe). Total program costs incurred to date were $36M across active programs; an additional $3M of exit costs expected in 2012. No employee counts disclosed.
2012-06-30acquisition_additioncompleted2012-05-31GlobalSnacks (Pringles business, allocated across multiple reportable segments)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pringles business acquired from P&G for $2.674B net of cash; purchase price allocation is preliminary. Headcount added through the acquisition is not disclosed. Company recorded $31M of transaction and integration costs in SGA and $5M of bridge financing fees in Q2 2012; Pringles contributed $119M net revenues from June 1, 2012.
2012-06-30restructuringin_progressU.S. SnacksU.S. SnacksUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance costs recorded in Q2 2012 for ongoing cost-reduction programs.
2012-06-30restructuringin_progressU.S. Morning Foods and KashiU.S. Morning Foods and KashiUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance costs recorded in Q2 2012 for ongoing cost-reduction programs.
2012-06-30restructuringin_progressEuropeEuropeUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Asset write-offs recorded in Q2 2012 for ongoing cost-reduction programs.
2012-03-31restructuringin_progressU.S. Morning Foods and Kashi; U.S. Snacks; U.S. Specialty; North America Other; Europe; Asia Pacific; Latin AmericaUSD 92 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Cumulative program costs through 2012-03-31 across two ongoing cost-reduction programs: $45M severance, $23M other cash costs, $20M pension costs, $4M asset write-offs. No employee counts disclosed. Segment split of cumulative costs: U.S. Morning Foods and Kashi $10M; U.S. Snacks $33M; U.S. Specialty $2M; North America Other $3M; Europe $39M; Asia Pacific $4M; Latin America $1M.
2012-03-31restructuringin_progressEuropeEuropeUSD 5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2011 comparative quarter recorded $5M of exit costs in the European reportable segment ($4M severance, $1M asset write-offs); Company expects an additional $5M in exit costs for these programs in 2012. No employee counts disclosed.
2012-03-31acquisition_additionannounced2012-02-152012-06-30Snacks (Pringles business)USD 3 (billions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Agreement to acquire Procter & Gamble's Pringles business for $2.695 billion, expected to close around or before mid-year 2012, funded by cash and approximately $2 billion of debt. No headcount figures disclosed.
2012-03-31restructuringin_progressMultiple (U.S., Europe, Asia Pacific, Latin America)Multiple segments; cost-reduction programs across COGS and SGAUSD 92 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative program costs through 2012-03-31 of $92M (incl. $45M severance); less than $1M of exit costs recorded in Q1 2012; additional ~$5M expected in 2012. No employee counts disclosed.
2012-03-31acquisition_additionannounced2012-02-152012-06-30GlobalPringles businessUSD 2,695 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire P&G's Pringles business for $2.695B, expected to close around or before mid-2012; no headcount added disclosed.
2012-03-31restructuringin_progressGlobalVarious (U.S. Morning Foods & Kashi, U.S. Snacks, U.S. Specialty, North America Other, Europe, Asia Pacific, Latin America)USD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Company recorded less than $1 million of exit costs in Q1 2012 related to ongoing programs. Total program costs incurred through March 31, 2012 were $92 million, including $45 million for severance. Employee counts affected are not disclosed.
2011-12-31restructuringin_progress2009EuropeCOGS program — global manufacturing network optimizationUSD 10 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2011 activity within multi-year programs commenced in 2009; 2011 COGS-program charges recorded in the European reportable segment; no employees-affected count disclosed; programs expected to recover cash implementation costs within five years of completion
2011-12-31restructuringin_progress2009United States; EuropeSGA programs — global support functionsUSD 14 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2011 SGA-program charges by segment as disclosed: U.S. Snacks $13 million and Europe $1 million; total 2011 exit/disposal costs $24 million including $7 million severance accruals; exit cost reserves $1 million at year-end; estimated additional 2012 cost and cash outlay $7 million; cumulative program costs through 2011 were $92 million
2011-12-31acquisition_additionannounced2012-02-152012-06-30GlobalSnackssubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Procter & Gamble's Pringles business for approximately $2.7 billion, funded by international cash and about $2.0 billion of debt; expected to close summer 2012; no headcount disclosed
2011-12-31divestiture_reductioncompletedChinaCookies and crackers (Navigable Foods / Zhenghang Food Company)other
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent to December 31, 2011 the Company sold the net assets of Navigable Foods for $11 million proceeds approximating carrying value; no headcount disclosed; related $29 million impairment (including $20 million goodwill) was recorded in 2010, not in the current fiscal year
2011-12-31restructuringcompletedGlobalVarious (U.S. Snacks, Europe, etc.)USD 24 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Total costs of $24 million recorded in 2011, including $7 million severance, $12 million pension costs, $2 million other cash costs, and $3 million asset write-offs. Employee count not disclosed.
2011-12-31restructuringin_progressGlobalVarious (U.S. Snacks, Europe, etc.)USD 24 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Total costs of $24 million recorded in 2011, including $7 million severance, $12 million pension costs, $2 million other cash costs, and $3 million asset write-offs. Employee count not explicitly disclosed for 2011 charges.
2011-10-01restructuringin_progress2009-01-01EuropeCost of goods sold (COGS) programUSD 3 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q3 2011 COGS program charges of $3 million, all in Europe; severance and other cash costs from eliminating hourly and salaried positions plus asset write-offs at global manufacturing facilities. No employee counts disclosed.
2011-10-01restructuringin_progress2009-01-01North AmericaSelling, general and administrative (SGA) programsUSD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q3 2011 SGA program charges of $7 million, all in North America; severance and retirement benefits from eliminating positions. No employee counts disclosed.
2011-10-01restructuringin_progress2009-01-01COGS and SGA cost-reduction programsUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date 2011 charges of $21 million ($8M COGS program, $13M SGA programs). Cumulative program costs through October 1, 2011: $89 million ($36M COGS, $53M SGA). Company expects an additional $7 million COGS and $1 million SGA exit costs during 2011. Severance reserves of $2 million at quarter-end, expected to be paid out by end of 2011.
2011-10-01restructuringin_progress20092011-12-31North America; Europe; Asia PacificManufacturing / COGS functionsUSD 8 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cost-reduction program commenced 2009; YTD 2011 charges $8M ($3M in Q3), cumulative $36M to date, split North America $14M, Europe $21M, Asia Pacific $1M; further $7M expected in 2011. No employee headcount disclosed; severance reserve $1M at quarter-end, payable by end of 2011.
2011-10-01restructuringin_progress20092011-12-31North America; Europe; Asia Pacific; Latin AmericaCorporate / support functions (SGA)USD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Support-function efficiency programs commenced 2009; YTD 2011 charges $13M ($7M in Q3), cumulative $53M to date, split North America $34M, Europe $15M, Asia Pacific $3M, Latin America $1M; further $1M expected in 2011. No employee headcount disclosed; severance reserve $1M at quarter-end, payable by end of 2011.
2011-10-01restructuringin_progress2011-12-31GlobalCost of Goods Sold (COGS)USD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Quarterly charges for COGS program include $1M employee severance, $1M other cash costs, and $1M asset write-offs. Total program costs incurred through Oct 1, 2011 were $36M. Reserves primarily for employee severance to be paid out by end of 2011.
2011-10-01restructuringin_progress2011-12-31GlobalSelling, General and Administrative (SGA)USD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Quarterly charges for SGA programs include $1M employee severance and $6M retirement benefits (pension curtailment losses and special termination benefits). Total program costs incurred through Oct 1, 2011 were $53M. Reserves primarily for employee severance to be paid out by end of 2011.
2011-07-02restructuringin_progress2009-01-01GlobalManufacturing network (COGS)USD 5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date 2011 exit costs of $5M (employee severance $4M, asset write-offs $1M); total program costs through July 2, 2011 of $33M; additional ~$10M expected in 2011. Elimination of hourly and salaried positions at global manufacturing facilities; no employee counts disclosed.
2011-07-02restructuringin_progress2009-01-01GlobalSupport functions (SGA)USD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date 2011 exit costs of $6M (retirement benefits: pension curtailment losses and special termination benefits); total program costs through July 2, 2011 of $46M; additional ~$10M expected in 2011. Elimination of positions in support functions; no employee counts disclosed.
2011-07-02restructuringin_progress20092011-12-31Global (North America, Europe, Asia Pacific)Manufacturing / supply chain (K LEAN COGS program)USD 33 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative exit costs of $33M through 2011-07-02 ($5M in YTD 2011); severance reserves expected paid by end of 2011; further exit costs of about $10M expected during 2011. No employee counts disclosed.
2011-07-02restructuringin_progress20092011-12-31Global (North America, Europe, Asia Pacific, Latin America, Corporate)Support functions (SGA programs)USD 46 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Cumulative exit costs of $46M through 2011-07-02 ($6M in YTD 2011); severance reserves expected paid by end of 2011; further exit costs of about $10M expected during 2011. No employee counts disclosed.
2011-07-02restructuringin_progress2009-01-012011-12-31North AmericaCost of Goods Sold (COGS)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
K LEAN program. No charges incurred in Q2 2011. Total program costs through July 2, 2011 were $33 million.
2011-07-02restructuringin_progress2009-01-012011-12-31EuropeCost of Goods Sold (COGS)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
K LEAN program. No charges incurred in Q2 2011.
2011-07-02restructuringin_progress2009-01-012011-12-31Asia PacificCost of Goods Sold (COGS)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
K LEAN program. No charges incurred in Q2 2011.
2011-07-02restructuringin_progress2009-01-012011-12-31North AmericaSelling, General and Administrative (SGA)USD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs. $6 million retirement benefits incurred in Q2 2011. Total program costs through July 2, 2011 were $46 million.
2011-07-02restructuringin_progress2009-01-012011-12-31EuropeSelling, General and Administrative (SGA)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs. No charges incurred in Q2 2011.
2011-07-02restructuringin_progress2009-01-012011-12-31Asia PacificSelling, General and Administrative (SGA)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs. No charges incurred in Q2 2011.
2011-07-02restructuringin_progress2009-01-012011-12-31Latin AmericaSelling, General and Administrative (SGA)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs. No charges incurred in Q2 2011.
2011-04-02restructuringin_progress2009-01-01GlobalCost of goods sold (K LEAN manufacturing network)USD 33 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
K LEAN program commenced 2009; cumulative exit costs of $33 million through April 2, 2011, including $5 million incurred in Q1 2011 (employee severance and asset write-offs at global manufacturing facilities). Company expects an additional $12 million of exit costs during 2011. No employee counts disclosed.
2011-04-02restructuringin_progress2009-01-01GlobalSelling, general and administrative support functionsUSD 40 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
SGA efficiency programs commenced 2009; cumulative exit costs of $40 million through April 2, 2011, primarily severance from elimination of salaried positions. No Q1 2011 charges; company expects an additional $2 million of exit costs during 2011. No employee counts disclosed.
2011-04-02restructuringin_progress2009-01-012011-12-31North America; Europe; Asia PacificManufacturing / supply chain (K LEAN cost of goods sold program)USD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2011 charges of $5M (severance $4M, asset write-offs $1M); $33M incurred to date. Employee counts not disclosed. Additional $12M expected during 2011. Severance reserves expected paid out by end of 2011.
2011-04-02restructuringin_progress2009-01-012011-12-31North America; Europe; Asia Pacific; Latin AmericaCorporate support functions (SGA efficiency programs)USD 0 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
No exit charges incurred in Q1 2011; $40M incurred to date across program. Employee counts not disclosed. Additional $2M expected during 2011. Severance reserves expected paid out by end of 2011.
2011-04-02restructuringin_progress2009-01-012011-12-31GlobalCost of Goods Sold (K LEAN)USD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q1 2011 charges include $4M severance and $1M asset write-offs. Total program costs through Q1 2011 are $33M. Reserves of $4M expected to be paid by end of 2011.
2011-04-02restructuringin_progress2009-01-012011-12-31GlobalSelling, General and AdministrativeUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q1 2011 charges were $0. Total program costs through Q1 2011 are $40M. Reserves of $2M expected to be paid by end of 2011.
2011-04-02restructuringin_progressCOGS Program [Member] / Europe [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-04-02restructuringin_progressCOGS Program [Member] / Total Project Cost [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-04-02restructuringin_progressSGA Programs [Member] / Asia Pacific [Member]restructuring_footnote
f5-10q / no-ai-xblr
2011-04-02restructuringin_progressSGA Programs [Member] / Europe [Member]restructuring_footnote
f5-10q / no-ai-xblr
2011-04-02restructuringin_progressSGA Programs [Member] / North America [Member]restructuring_footnote
f5-10q / no-ai-xblr
2011-04-02restructuringin_progressSGA Programs [Member] / Total Project Cost [Member]restructuring_footnote
f5-10q / no-ai-xblr
2011-01-01restructuringin_progressEuropeCOGS programs (K LEAN manufacturing network optimization)USD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2010 cost for the K LEAN program; program commenced 2009 with no announcement date disclosed. Total program costs through January 1, 2011 were $28 million; further 2011 cost estimated at $3 million. Severance reserve at year-end was $2 million.
2011-01-01restructuringin_progressNorth AmericaSGA programs (support function efficiency)USD 11 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2010 SGA program cost including cash severance for salaried position eliminations; programs commenced 2009. Total program costs through January 1, 2011 were $40 million across all segments, with further 2011 cost estimated at $10 million.
2011-01-01restructuringin_progressEuropeSGA programs (support function efficiency)USD 2 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2010 SGA program cost for the Europe segment; sub-component of the consolidated SGA program.
2011-01-01restructuringin_progressAsia PacificSGA programs (support function efficiency)USD 2 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2010 SGA program cost for the Asia Pacific segment; sub-component of the consolidated SGA program.
2011-01-01restructuringcompleted2009-01-012011-01-01GlobalVariousUSD 19 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Costs associated with exit or disposal activities recorded in 2010. Includes severance, pension costs, asset write-offs, and relocation. Programs include K LEAN and SGA efficiency initiatives.
2011-01-01restructuringcompleted2009-01-012011-01-01GlobalManufacturing and Support FunctionsUSD 19 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Includes K LEAN manufacturing network optimization and SGA efficiency programs. $19 million recorded in 2010 ($6M severance, $5M pension, $7M other, $1M asset write-offs). Employee count not explicitly disclosed for 2010 activity.
2011-01-01acquisition_additioncompleted1,8002008-06-012008-06-01ChinaAsia Pacificbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Navigable Foods (Zhenghang Food Company Ltd.) in June 2008 included approximately 1,800 employees.
2011-01-01acquisition_additioncompleted4,0002008-01-012008-01-01RussiaEuropebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of United Bakers (OJSC Kreker) in January 2008 included approximately 4,000 employees.
2011-01-01restructuringin_progressUSD 19,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressSelling, General, Administrative Expense [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressSGA Programs [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressCost of goods sold [Member] / Europe [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressK LEAN [Member] / Europe [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressSelling, General, Administrative Expense [Member] / Asia Pacific [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressSelling, General, Administrative Expense [Member] / Europe [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressSelling, General, Administrative Expense [Member] / North America [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressSGA Programs [Member] / Asia Pacific [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressSGA Programs [Member] / Europe [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-01-01restructuringin_progressSGA Programs [Member] / North America [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-10-02restructuringin_progress2009Global manufacturing facilitiesCost of goods sold (K LEAN network program)USD 27 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
COGS program commenced 2009; $27 million of expected $35 million total exit costs incurred through 2010-10-02, covering severance and other cash costs from eliminating hourly and salaried positions at global manufacturing facilities. Employee counts not disclosed.
2010-10-02restructuringin_progress20092010-12-31Selling, general and administrative support functionsUSD 38 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
SGA programs commenced 2009; $38 million of expected $40 million total exit costs incurred through 2010-10-02 for severance and other cash costs from eliminating salaried positions; programs expected substantially complete by end of 2010. Employee counts not disclosed.
2010-10-02restructuringin_progress2009Global (North America, Europe, Asia Pacific)COGS program — K LEAN (manufacturing/supply chain)USD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
YTD exit costs $3M (quarter $0M); $27M incurred to date of $35M expected total; includes severance, equipment removal/relocation, retirement benefits. No employee counts disclosed; segment charges YTD: NA $1M, Europe $2M. Reserves expected to be paid out by end of 2010.
2010-10-02restructuringin_progress20092010-12-31Global (North America, Europe, Asia Pacific)SGA programs — support function efficiencyUSD 13 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
YTD exit costs $13M (quarter $7M); $38M incurred to date of $40M expected total; salaried-position eliminations, no headcount disclosed. Segment charges YTD: NA $10M, Europe $1M, Asia Pacific $2M. Expected substantially complete by end of 2010.
2010-10-02restructuringin_progress2009-01-012010-12-31GlobalCost of Goods Sold (K LEAN)USD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
K LEAN program; $3M incurred in Q3 2010. Total expected costs $35M. Reserves primarily for employee severance.
2010-10-02restructuringin_progress2009-01-012010-12-31GlobalSelling, General and AdministrativeUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs; $7M incurred in Q3 2010. Total expected costs $40M. Reserves primarily for employee severance.
2010-10-02restructuringin_progressCOGS Programs [Member] / Europe [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-10-02restructuringin_progressCOGS Programs [Member] / North America [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-10-02restructuringin_progressCOGS Programs [Member] / Total Project Cost [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-10-02restructuringin_progressSGA Programs [Member] / Asia Pacific [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-10-02restructuringin_progressSGA Programs [Member] / Europe [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-10-02restructuringin_progressSGA Programs [Member] / North America [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-10-02restructuringin_progressSGA Programs [Member] / Total Project Cost [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-07-03restructuringin_progress2009-01-01GlobalManufacturing (COGS)USD 40 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
K LEAN program; $27 million of the expected $40 million total exit costs incurred through July 3, 2010, covering severance and other cash costs from eliminating hourly and salaried positions at global manufacturing facilities. No employee count disclosed.
2010-07-03restructuringin_progress2009-01-012010-12-31GlobalSupport functions (SGA)USD 35 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Programs targeting efficiency of support functions; $31 million of the expected $35 million total exit costs incurred through July 3, 2010, for severance and other cash costs from eliminating salaried positions. Expected substantially complete by end of 2010. No employee count disclosed.
2010-07-03plant_closurecompleted2009-04-042009-12-31Bremen, GermanyManufacturing (Europe)USD 6 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
European manufacturing optimization plan in Bremen, Germany; $6 million of severance costs incurred in the quarter ended July 4, 2009. Plan was complete as of the end of 2009. No employee count disclosed.
2010-07-03restructuringin_progress2009GlobalManufacturing (COGS program)USD 40 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
K LEAN program commenced 2009; expected $40M total exit costs, $27M incurred through 2010-07-03 for elimination of hourly and salaried positions at global manufacturing facilities. No employee count disclosed. Segment charges YTD 2010: North America $1M, Europe $2M, Asia Pacific $0M.
2010-07-03restructuringin_progress20092010-12-31GlobalSupport functions (SGA programs)USD 35 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
SGA efficiency programs commenced 2009; expected $35M total exit costs, $31M incurred through 2010-07-03 for elimination of salaried positions; expected substantially complete by end of 2010. No employee count disclosed. Segment charges YTD 2010: North America $4M, Europe $0M, Asia Pacific $2M.
2010-07-03restructuringin_progress2009-01-012010-12-31GlobalCost of Goods Sold (K LEAN)USD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
K LEAN program. Q2 2010 charges: $1M retirement benefits. YTD 2010 charges: $3M total ($2M severance, $1M retirement). Total expected costs: $40M. Reserves paid out by end of 2010.
2010-07-03restructuringin_progress2009-01-012010-12-31GlobalSelling, General and AdministrativeUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs. Q2 2010 charges: $1M other cash costs. YTD 2010 charges: $6M total ($1M severance, $5M other). Total expected costs: $35M. Reserves paid out by end of 2010.
2010-04-03restructuringin_progress2009-01-022010-12-31Global (North America, Europe, Asia Pacific)Manufacturing network (COGS)USD 26 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
K LEAN program to optimize global manufacturing network; total exit costs through April 3, 2010 of $26M (severance $17M, other cash costs $6M, retirement benefits $3M); ~$40M total expected; substantially complete by end of 2010. No employee counts disclosed.
2010-04-03restructuringin_progress2009-01-022010-12-31Global (North America, Europe, Latin America, Asia Pacific)Support functions (SGA)USD 30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
SGA efficiency programs realigning support functions; total exit costs through April 3, 2010 of $30M (severance $18M, other cash costs $12M); ~$45M total expected; substantially complete by end of 2010. No employee counts disclosed.
2010-04-03plant_closurecompletedBrazilLatin AmericaMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Temporary closure of Brazil manufacturing facility due to excessive rains; plant now operational but returning to full capacity will take time; lower inventory levels expected to impact results through Q2 2010. No workforce reduction disclosed.
2010-04-03restructuringin_progress2009-01-012010-12-31North AmericaCost of Goods Sold (K LEAN)USD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of K LEAN program. Total program costs through April 3, 2010 were $15 million for North America COGS.
2010-04-03restructuringin_progress2009-01-012010-12-31EuropeCost of Goods Sold (K LEAN)USD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of K LEAN program. Total program costs through April 3, 2010 were $10 million for Europe COGS.
2010-04-03restructuringin_progress2009-01-012010-12-31Asia PacificCost of Goods Sold (K LEAN)USD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Part of K LEAN program. Total program costs through April 3, 2010 were $1 million for Asia Pacific COGS.
2010-04-03restructuringin_progress2009-01-012010-12-31North AmericaSelling, General and AdministrativeUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs. Total program costs through April 3, 2010 were $13 million for North America SGA.
2010-04-03restructuringin_progress2009-01-012010-12-31EuropeSelling, General and AdministrativeUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs. Total program costs through April 3, 2010 were $14 million for Europe SGA.
2010-04-03restructuringin_progress2009-01-012010-12-31Latin AmericaSelling, General and AdministrativeUSD 0 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs. Total program costs through April 3, 2010 were $1 million for Latin America SGA.
2010-04-03restructuringin_progress2009-01-012010-12-31Asia PacificSelling, General and AdministrativeUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs. Total program costs through April 3, 2010 were $2 million for Asia Pacific SGA.
2010-01-02restructuringin_progressNorth AmericaManufacturing — K LEAN COGS programUSD 14 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2009 exit-related severance and other cash costs by segment; employees affected not disclosed. Company expects an additional $14M of K LEAN costs in 2010.
2010-01-02restructuringin_progressEuropeManufacturing — K LEAN COGS programUSD 9 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2009 exit-related severance and other cash costs by segment; employees affected not disclosed.
2010-01-02restructuringin_progressAsia PacificManufacturing — K LEAN COGS programUSD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
2009 exit-related severance and other cash costs by segment; employees affected not disclosed.
2010-01-02restructuringin_progressNorth AmericaSupport functions — SGA programsUSD 10 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program realigns support functions; charges are severance and cash costs for eliminating salaried positions. Employees affected not disclosed; further costs expected in 2010.
2010-01-02restructuringin_progressEuropeSupport functions — SGA programsUSD 13 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program realigns support functions; charges are severance and cash costs for eliminating salaried positions. Employees affected not disclosed.
2010-01-02restructuringin_progressLatin AmericaSupport functions — SGA programsUSD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program realigns support functions; charges are severance and cash costs for eliminating salaried positions. Employees affected not disclosed.
2010-01-02restructuringin_progressAsia PacificSupport functions — SGA programsUSD 1 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Program realigns support functions; charges are severance and cash costs for eliminating salaried positions. Employees affected not disclosed.
2010-01-02restructuringin_progressGermanyManufacturing — Europe (Bremen facility optimization)USD 7 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Severance cash costs for eliminating positions at Bremen; program substantially complete by end of Q3 2009 with a $7M severance reserve payable during 2010. Employees affected not disclosed.
2010-01-02plant_closurecompletedGuatemalaManufacturing — Latin America supply chain rationalizationUSD 9 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Plant closure in Guatemala; charges comprise $3M severance and other cash costs plus $6M asset removal, relocation and write-offs. No reserve remained at year-end; employees affected not disclosed.
2010-01-02restructuringcompletedGlobalManufacturing and Support FunctionsUSD 65 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Includes K LEAN, European manufacturing optimization, Latin America supply chain rationalization, and SGA efficiency programs. Employee count not explicitly disclosed.
2010-01-02acquisition_additioncompleted1,8002008-06-01ChinaAsia Pacificbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Navigable Foods included approximately 1,800 employees.
2010-01-02acquisition_additioncompleted4,0002008-01-01RussiaEuropebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of United Bakers included approximately 4,000 employees.
2010-01-02restructuringcompletedGlobalCOGS and SGAUSD 65 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Includes K LEAN, European manufacturing optimization, Latin America supply chain rationalization, and SGA efficiency programs. Charges comprised severance, asset write-offs, and other costs. Employee count not explicitly disclosed.
2010-01-02acquisition_additioncompleted1,8002008-06-01ChinaAsia Pacificbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquired majority interest in Zhenghang Food Company Ltd. (Navigable Foods).
2010-01-02acquisition_additioncompleted4,0002008-01-01RussiaEuropebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquired OJSC Kreker (United Bakers).
2009-10-03restructuringin_progress2010-12-31GlobalManufacturing network (COGS)USD 20 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
K LEAN program; approximately $20 million of costs expected in 2009 plus an additional $20 million in 2010, primarily cash severance and asset removal/relocation costs. Q3 2009 segment charges: North America $2M, Europe $4M, Asia Pacific $1M; year-to-date: North America $12M, Europe $5M, Asia Pacific $1M.
2009-10-03restructuringcompleted2009-10-03GermanyManufacturing (Europe segment)USD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Manufacturing optimization in Bremen, Germany eliminating employee positions; year-to-date severance charges of $7 million, including $1 million in Q3 2009. Program substantially complete as of end of Q3 2009.
2009-10-03plant_closurein_progress2009-12-31GuatemalaSupply chain (Latin America segment)USD 5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Supply chain network rationalization closing the Guatemala plant; $5 million incurred year-to-date with approximately $6 million of additional costs expected in the remainder of 2009. Charges cover severance, asset removal/relocation, and non-cash asset write-offs.
2009-10-03restructuringin_progress2010-12-31GlobalSupport functions (SGA)USD 23 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
SGA efficiency program eliminating salaried positions; approximately $23 million of costs expected in 2009 plus $2 million in 2010. Q3 2009 charges of $5 million recorded in Europe segment; year-to-date charges of $10 million ($5 million North America, $5 million Europe).
2009-10-03restructuringin_progress2010-12-31GlobalManufacturing / COGSUSD 20 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
K LEAN program; company expects about $20M of costs in 2009 and a further $20M in 2010. Charges span North America, Europe and Asia Pacific segments. No employee counts disclosed.
2009-10-03restructuringcompleted2009-09-30GermanyEurope — manufacturing optimization (Bremen)USD 7 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date cash severance charges; program described as substantially complete at end of Q3 2009, involving elimination of employee positions.
2009-10-03plant_closurein_progress2009-12-31Latin America (Guatemala)Latin America — supply chain network rationalizationUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Guatemala plant closure; $5M incurred in Q3 2009 with approximately $6M more expected for the remainder of the year. Charges cover severance, asset removal/relocation and non-cash write-offs.
2009-10-03restructuringin_progress2010-03-31GlobalSupport functions — SGA programsUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Year-to-date charges; company expects about $23M in 2009 plus $2M in 2010. Severance reserves expected to be paid out by end of Q1 2010. Charges recorded in North America and Europe segments.
2009-10-03restructuringin_progress2010-03-31GlobalCOGS and SGAUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q3 2009 charges for K LEAN, European manufacturing optimization, Latin America supply chain rationalization, and SGA efficiency programs. Reserves primarily for employee severance to be paid by end of Q1 2010.
2009-10-03restructuringin_progress2010-03-31GlobalCOGS and SGAUSD 40 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Year-to-date 2009 charges for ongoing cost reduction initiatives including K LEAN and SGA programs.
2009-10-03otherin_progressGlobalCOGS and SGAUSD 16 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Q3 2009 costs for consulting and other charges for COGS and SGA programs that do not qualify as exit costs under GAAP.
2009-10-03otherin_progressGlobalCOGS and SGAUSD 52 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Year-to-date 2009 costs for consulting and other charges for COGS and SGA programs that do not qualify as exit costs under GAAP.
2009-07-04restructuringin_progress2010-12-31GlobalManufacturing (COGS)USD 25 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
K LEAN program; ~$25M of costs expected in 2009 plus ~$20M in 2010 for severance and other cash costs from eliminating hourly and salaried positions at global manufacturing facilities. Segment impact YTD: North America $10M, Europe $1M.
2009-07-04restructuringin_progress2009-12-31GermanyManufacturing (Europe segment)USD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Manufacturing optimization program in Bremen, Germany; $6M incurred in Q2 2009; total program costs expected to be $7M in cash payments for employee severance; program complete in 2009.
2009-07-04restructuringin_progress2010-12-31North AmericaSupport functions (SGA)USD 15 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
SGA efficiency program realigning support functions; ~$15M of costs expected in 2009 plus additional costs in 2010 for severance and other cash costs from eliminating salaried positions; charges recorded in North America segment.
2009-07-04acquisition_additioncompleted1,8002008-06-30ChinaAsia PacificUSD 36 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of majority interest in Zhenghang Food Company Ltd. (Navigable Foods), a cookie and cracker manufacturer, closed June 30, 2008; purchase price $36M cash net of cash received; included two manufacturing facilities and a sales and distribution network.
2009-07-04acquisition_additioncompleted4,0002008-01-31RussiaEuropeUSD 110 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of substantially all equity interests in OJSC Kreker (United Bakers) in January 2008; $110M cash paid net of cash acquired including ~$67M to settle assumed debt; included six manufacturing facilities and a broad distribution network.
2009-07-04restructuringin_progress2010North AmericaNorth America — manufacturing (K LEAN)USD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
K LEAN network optimization eliminating hourly and salaried manufacturing positions; charge shown is quarter ended 2009-07-04 (YTD $10M). Program expected to cost ~$25M in 2009 and $20M in 2010. No employee counts disclosed.
2009-07-04restructuringin_progress2010EuropeEurope — manufacturing (K LEAN)USD 1 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Europe component of the K LEAN program; charge shown is quarter ended 2009-07-04 (YTD $1M). Same announcement as the North America component. No employee counts disclosed.
2009-07-04plant_closurein_progress2009GermanyEurope — manufacturing optimization, Bremen plantUSD 6 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Manufacturing optimization in Bremen delivering savings through elimination of employee positions; quarter charge $6M, total program cost expected $7M, complete in 2009. No employee counts disclosed.
2009-07-04restructuringin_progress2010North AmericaNorth America — corporate support functions (SGA)USD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Support-function efficiency program eliminating salaried positions; charge shown is quarter ended 2009-07-04 (YTD $5M). Footnote expects ~$15M in 2009 plus $5M in 2010; MD&A states $20M in 2010 — figures differ between sections. No employee counts disclosed.
2009-07-04restructuringin_progress2010-12-31GlobalManufacturingUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
K LEAN program: charges represent cash payments for severance and other cash costs associated with elimination of hourly and salaried positions. Expected costs: $25M in 2009, $20M in 2010.
2009-07-04restructuringin_progress2009-12-31EuropeManufacturingUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Bremen, Germany manufacturing optimization: elimination of employee positions. Total program costs expected to be $7M.
2009-07-04restructuringin_progress2010-12-31North AmericaSelling, General & AdministrativeUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
SGA efficiency programs: elimination of salaried positions. Expected costs: $15M in 2009, $5M in 2010.
2009-04-04restructuringin_progress2010-12-31GlobalGlobal manufacturing networkUSD 4 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2009 severance charges under the K LEAN lean manufacturing program recorded in cost of goods sold in the North America segment; severance reserves of $1 million at quarter-end. Company expects approximately $20 million of costs in each of 2009 and 2010; program duration up to three years per activity.
2009-04-04restructuringin_progress2010-12-31GlobalNorth America (severance charges); global manufacturing facilitiesUSD 4 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
K LEAN lean manufacturing program; $4M severance charge recorded in COGS for North America in Q1 2009; $1M severance reserve at quarter-end; ~$20M expected in each of 2009 and 2010; no employee count disclosed
2009-04-04restructuringin_progress2009-12-31GlobalNorth America, Europe, Latin America (consulting costs)USD 15 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
K LEAN consulting costs of $15M in Q1 2009 (North America $13M, Europe $1M, Latin America $1M); total program cost excluding exit costs estimated at $65M; no employee count disclosed
2009-04-04restructuringin_progress2010-12-31GlobalManufacturingUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
K LEAN program. Charges represent cash payments for severance and other cash costs associated with elimination of hourly and salaried positions. Total expected cost ~$20M in 2009 and 2010.
2009-04-04restructuringin_progress2009-12-31GlobalManufacturingUSD 15 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
K LEAN consulting costs. Total project costs to date $27M. Estimated total cost $65M excluding exit costs.
2009-01-03restructuringcompleted1202008-12-31Latin AmericaSalaried positionsUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Executed in Q4 2008; charge recorded in Latin America SGA expense, severance paid by year-end with no reserve remaining
2009-01-03restructuringcompleted2202008-12-31United KingdomEurope manufacturing (Manchester facility)USD 8 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year European manufacturing optimization plan begun 2006; 220 hourly and salaried positions and $55M total project costs are cumulative through fiscal year-end, with $8M of costs recorded in 2008; project completed in 2008
2009-01-03restructuringcompleted1202007-10-012008-12-31Spain and GermanyEurope manufacturing (Valls, Spain and Bremen, Germany)USD 15 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
European production process realignment committed October 2007; 120 positions at Bremen and $19M total project costs are cumulative through fiscal year-end, with $15M of costs recorded in 2008; plan completed at fiscal year-end
2009-01-03restructuringin_progress2009-12-31United States, Latin America, EuropeManufacturing (K LEAN lean manufacturing initiative)USD 12 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Consulting costs of $12M recorded in 2008 within cost of goods sold, primarily North America; total program cost and cash outlay estimated at $65M, expected primarily complete by end of 2009; no headcount reduction quantified
2009-01-03acquisition_additioncompleted4,0002008-01-012008-01-01RussiaEurope segmentbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of OJSC Kreker (United Bakers), a Russian cereal, cookie and cracker producer with approximately 4,000 employees and six manufacturing facilities; $110M cash paid net of cash acquired; announcement date shown as month-level January 2008
2009-01-03acquisition_additioncompleted1,8002008-06-012008-06-01ChinaAsia Pacific segmentbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Majority interest in Zhenghang Food Company Ltd., a cookie and cracker manufacturer with approximately 1,800 employees, two plants and a distribution network; announcement date shown as month-level June 2008
2009-01-03acquisition_additioncompleted2008-09-012008-09-01AustraliaAsia Pacific segmentbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Specialty Cereals of Sydney; headcount not disclosed; announcement date shown as month-level September 2008
2009-01-03acquisition_additioncompleted2008-08-012008-08-01United StatesNorth America segmentbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of contract manufacturing assets in Indiana and Illinois; headcount not disclosed; announcement date shown as month-level August 2008
2009-01-03restructuringcompleted1202008-10-012008-12-31Latin AmericaSalaried positionsUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Cost-reduction initiative in Latin America resulting in elimination of approximately 120 salaried positions. Charge related primarily to severance benefits paid by end of year.
2009-01-03restructuringcompleted2202006-01-012008-12-31EuropeManufacturingUSD 55 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Multi-year plan to improve utilization of Manchester, England facility. Elimination of approximately 220 hourly and salaried positions through voluntary early retirement and severance. Project completed in 2008.
2009-01-03restructuringcompleted1202007-10-012008-12-31EuropeManufacturingUSD 19 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reorganization of production processes at plants in Valls, Spain and Bremen, Germany. Elimination of approximately 120 employee positions. Completed as of end of 2008 fiscal year.
2009-01-03restructuringcompleted3002007-07-012008-12-31United StatesDistributionUSD 77 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reorganization of direct store-door delivery operations in southeastern United States. Involuntary termination or relocation of approximately 300 employee positions. Initiative complete.
2009-01-03restructuringcompleted1202008-10-012008-12-31Latin AmericaSalaried positionsUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Cost-reduction initiative in Latin America eliminating approximately 120 salaried positions. Charge related primarily to severance benefits paid by year-end.
2009-01-03restructuringcompleted2202006-01-012008-12-31Europe (Manchester, England)Hourly and salaried positionsUSD 55 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Multi-year European manufacturing optimization plan commenced in 2006, completed in 2008. Elimination of approx 220 positions via voluntary early retirement and severance. Total project costs $55 million.
2009-01-03restructuringcompleted1202007-10-012008-12-31Europe (Valls, Spain and Bremen, Germany)Employee positionsUSD 19 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
European production process realignment. Elimination of approx 120 employee positions. Total project costs $19 million.
2009-01-03restructuringcompleted3002007-07-012008-12-31United States (Southeastern)Direct store-door delivery (DSD) operationsUSD 77 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Reorganization of DSD operations. Involuntary termination or relocation of approx 300 employee positions. Also exited 517 distribution route franchise agreements.
2009-01-03acquisition_additioncompleted1,8002008-06-012008-06-30ChinaAsia Pacificbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of majority interest in Zhenghang Food Company Ltd. (Navigable Foods). Included approximately 1,800 employees.
2009-01-03acquisition_additioncompleted4,0002008-01-012008-01-31RussiaEuropebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of OJSC Kreker (United Bakers). Included approximately 4,000 employees.
2008-09-27restructuringin_progress2006-01-01Manchester, EnglandEuropeUSD 55 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year plan commenced 2006 to improve utilization of Manchester facility; approximately $50 million of the $55 million total incurred to date, including $21 million employee severance. Year-to-date 2008 project costs of $3 million recorded in cost of goods sold.
2008-09-27restructuringin_progress2007-10-012008-12-31Valls, Spain and Bremen, GermanyEuropeUSD 20 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization of production processes commenced October 2007; $15 million of $20 million total incurred to date, including $6 million employee severance. Year-to-date 2008 project costs of $11 million; employee severance reserve of $1 million at September 27, 2008. Expected completion by end of 2008.
2008-09-27restructuringcompleted2007-01-01Southeastern United StatesNorth AmericaUSD 66 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization of direct store-door delivery (DSD) operations completed; total 2007 year-to-date exit plan-related charges of $66 million in SG&A. Comparative prior-year disclosure; initiative has been completed.
2008-09-27restructuringcompleted2008-01-01MexicoLatin AmericaUSD 10 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Payment in first quarter 2008 for restructuring of labor force at a manufacturing facility in Mexico; recorded in cost of goods sold.
2008-09-27acquisition_additioncompleted4,0002008-01-01RussiaEuropeUSD 110 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired OJSC Kreker (United Bakers), a leading producer of cereal, cookie and cracker products in Russia with approximately 4,000 employees, six manufacturing facilities and a broad distribution network. $110 million cash paid net of cash acquired, including approximately $67 million to settle debt.
2008-09-27acquisition_additioncompleted1,8002008-06-01ChinaAsia PacificUSD 35 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired majority interest in Zhenghang Food Company Ltd., a cookie and cracker manufacturer in northern and northeastern China with approximately 1,800 employees, two manufacturing facilities and a sales and distribution network. $35 million paid net of cash received.
2008-09-27restructuringin_progress2006-01-01Manchester, England (United Kingdom)Europe — manufacturingUSD 55 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
European manufacturing optimization plan; $50M of $55M total project costs incurred to date, including $21M employee severance. No headcount disclosed; no exit cost reserves at quarter-end.
2008-09-27restructuringin_progress2007-10-012008-12-31Valls, Spain and Bremen, GermanyEurope — manufacturingUSD 20 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reorganization of production processes; $15M of $20M total project costs incurred to date, including $6M employee severance. Severance reserve roll-forward: $2M at 2007-12-29, $4M accruals, $(5)M payments, $1M at 2008-09-27. No employee count disclosed.
2008-09-27acquisition_additioncompleted4,0002008-01-01RussiaCereal, cookie and cracker manufacturingbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 4,000 employees, six manufacturing facilities. Headcount stated as approximate; not added to any disclosed total.
2008-09-27acquisition_additioncompleted1,8002008-06-01China (northern and northeastern regions)Cookies and crackers manufacturingbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,800 employees, two manufacturing facilities. Minority interest of $6M recorded; call/put options beginning 2011-06-30.
2008-09-27acquisition_additioncompleted2008-09-01Sydney, AustraliaNatural ready-to-eat cerealsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired for $37M including transaction fees; no employee count disclosed.
2008-09-27acquisition_additioncompleted2008-08-01Indiana and Illinois, United StatesContract manufacturing (cracker, cookie, frozen dough)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired for $42M including transaction fees; no employee count disclosed.
2008-09-27restructuringcompleted2007-01-012007-12-31Southeastern United StatesNorth America — direct store-door delivery operationsUSD 66 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Prior-year DSD reorganization, disclosed as completed; $66M YTD 2007 charges ($28M in Q3 2007). Included for context only — no current-period activity.
2008-09-27restructuringcompleted2008-04-01MexicoLatin America — manufacturing facilityUSD 10 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 2008 payment for restructuring of labor force at a Mexico manufacturing facility; recorded in cost of goods sold. No employee count disclosed.
2008-09-27acquisition_additioncompleted1,8002008-06-01ChinaAsia Pacificbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of majority interest in Navigable Foods (Zhenghang Food Company Ltd.).
2008-09-27acquisition_additioncompleted4,0002008-01-01RussiaEuropebusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of United Bakers (OJSC Kreker).
2008-09-27restructuringin_progress2006-01-01EuropeManufacturingUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
European manufacturing optimization plan (Manchester, England). $3M total project costs incurred in Q3 2008. Total project cost expected to be $55M.
2008-09-27restructuringin_progress2007-10-012008-12-31EuropeManufacturingUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization of production processes (Valls, Spain and Bremen, Germany). $2M total project costs incurred in Q3 2008. Total project cost expected to be $20M.
2008-09-27othercompleted9002008-04-25GlobalCorporateUSD 17 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Elimination of accelerated ownership feature (AOF) from stock options. $17M expense incurred in Q2 2008 affecting approx. 900 employees.
2008-09-27restructuringcompleted2008-01-01MexicoLatin AmericaUSD 10 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Restructuring of labor force at manufacturing facility. $10M expense incurred in Q1 2008.
2008-06-28restructuringin_progressManchester, EnglandEuropeUSD 55 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year plan begun 2006 to improve facility utilization and realign European production; $49 million incurred to date, including $21 million employee severance. Q2 2008 project costs were $2 million net (asset write-off gain of $5 million); YTD costs $2 million.
2008-06-28restructuringin_progress2007-10-012008-12-31Valls, Spain and Bremen, GermanyEuropeUSD 25 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Commenced October 2007; $12 million incurred to date, including $6 million employee severance. Q2 2008 project costs $6 million; YTD $9 million. Employee severance reserve of $3 million at June 28, 2008. Expected completion in second half of 2008.
2008-06-28restructuringcompletedMexicoLatin AmericaUSD 10 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Payment for restructuring of the labor force at a manufacturing facility in Mexico; charge recorded in cost of goods sold in Q1 2008.
2008-06-28othercompleted9002008-04-25CorporateUSD 17 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Company eliminated the accelerated ownership feature from all outstanding stock options held by approximately 900 employees; $4 million modification charge plus $13 million accrued cash compensation to option holders, recorded in SG&A within corporate operating profit.
2008-06-28acquisition_additioncompleted4,0002008-01-16RussiaEuropeUSD 110 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired substantially all equity interests of OJSC Kreker (United Bakers), a cereal, cookie and cracker producer with six manufacturing facilities; $110 million cash paid net of cash acquired, including $67 million to settle assumed debt.
2008-06-28acquisition_additioncompleted1,8002008-06-30China (northern and northeastern regions)Asia PacificUSD 29 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Majority interest acquired for $29 million cash net of cash received; cookie and cracker manufacturer with two manufacturing facilities. Disclosed as a subsequent event; $27 million paid during the quarter ended June 28, 2008.
2008-06-28acquisition_additioncompleted4,0002008-01-16RussiaEuropebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 4,000 employees at OJSC Kreker (United Bakers), a Russian cereal, cookie and cracker producer with six plants; acquired January 16, 2008.
2008-06-28acquisition_additioncompleted1,8002008-06-30ChinaAsia Pacificbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Majority interest in Zhenghang Food Company Ltd. acquired June 30, 2008; approximately 1,800 employees and two manufacturing facilities in northern/northeastern China.
2008-06-28restructuringin_progressUnited KingdomEurope — manufacturing (Manchester)USD 55 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year plan commenced 2006; total expected project costs approximately $55 million, of which $49 million incurred to date including $21 million employee severance. No headcount affected disclosed.
2008-06-28restructuringin_progress2007-10-012008-12-31Spain; GermanyEurope — manufacturing (Valls, Spain and Bremen, Germany)USD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Production process reorganization commenced October 2007; expected total project costs approximately $25 million, of which $12 million incurred to date including $6 million employee severance. Expected completion second half of 2008. No headcount affected disclosed.
2008-06-28acquisition_additioncompleted4,0002008-01-16RussiaEuropebusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of United Bakers (OJSC Kreker), a leading producer of cereal, cookie, and cracker products.
2008-06-28acquisition_additioncompleted1,8002008-06-30ChinaAsia Pacificsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of majority interest in Zhenghang Food Company Ltd. (Navigable Foods), manufacturer of cookies and crackers.
2008-06-28restructuringin_progress2006-01-01EuropeManufacturingUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
European manufacturing optimization plan (Manchester, England). $2M costs incurred in Q2 2008. Total project costs expected to be $55M.
2008-06-28restructuringin_progress2007-10-012008-12-31EuropeManufacturingrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization of production processes in Valls, Spain and Bremen, Germany. $12M incurred to date of $25M total expected costs. Expected completion in second half of 2008.
2008-06-28restructuringcompleted2008-01-01MexicoManufacturingUSD 10 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Payment for restructuring of labor force at a manufacturing facility in Mexico. Charge taken in Q1 2008.
2008-03-29acquisition_additioncompleted4,0002008-01-16RussiaEuropeUSD 110 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired substantially all equity interests in OJSC Kreker (United Bakers), a cereal, cookie and cracker producer with approximately 4,000 employees and six manufacturing facilities; $110 million cash paid net of cash acquired, including ~$67 million to settle assumed debt; minority-interest tender offers still in process.
2008-03-29restructuringin_progress2006-01-01EuropeEuropean manufacturing optimization plan (Manchester, England facility)USD 55 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year plan begun 2006 to improve utilization of Manchester, England facility and realign European production; ~$55 million total expected project costs, $53 million incurred to date including $21 million employee severance; Q1 2008 costs of $6 million (severance $2M, other cash $1M, asset write-offs $1M, retirement benefits $2M).
2008-03-29restructuringin_progress2007-10-012008-06-30Spain and GermanyReorganization of production processes at Valls, Spain and Bremen, Germany plantsUSD 25 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Committed October 2007; ~$25 million total expected project costs (asset write-offs, employee separation benefits, other cash costs); $7 million incurred to date including $4 million severance; expected completion mid-2008; Q1 2008 costs of $3 million; severance reserves $3 million at quarter-end.
2008-03-29restructuringcompleted2008-01-01MexicoLatin AmericaUSD 10 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
$10 million payment in Q1 2008 to restructure the labor force at a manufacturing facility in Mexico, recorded in cost of goods sold; expected to result in future employee benefit cost savings.
2008-03-29acquisition_additioncompleted4,0002008-01-16RussiaEuropebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
United Bakers (OJSC Kreker) acquired; approximately 4,000 employees. Remaining minority interests being acquired via tender offers.
2008-03-29restructuringin_progress2006-01-01United KingdomEuropeUSD 55 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
European manufacturing optimization plan; $53M of $55M total costs incurred to date. No employee count disclosed.
2008-03-29restructuringin_progress2007-10-012008-06-30Spain; GermanyEuropeUSD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Reorganization of production at Valls, Spain and Bremen, Germany plants; $7M of $25M incurred to date. No employee count disclosed.
2008-03-29restructuringcompletedMexicoLatin AmericaUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Payment for restructuring of labor force at a manufacturing facility in Mexico; expected to result in future employee benefit cost savings. No employee count disclosed.
2008-03-29acquisition_additioncompleted4,0002008-01-16RussiaEuropeUSD 110 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of OJSC Kreker (United Bakers). Approximately 4,000 employees acquired.
2008-03-29restructuringin_progress2006-01-01EuropeManufacturingUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
European manufacturing optimization plan and reorganization of production processes (Valls, Spain and Bremen, Germany). Total costs of $9 million incurred in Q1 2008. Employee severance reserves of $3 million at period end. Specific employee count not disclosed for this quarter's activity.
2008-03-29restructuringin_progress2008-01-01MexicoLatin AmericaUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring of labor force at a manufacturing facility in Mexico. $10 million expense incurred. Specific employee count not disclosed.
2007-12-29restructuringcompleted3002007-07-012007-12-29United States (southeastern region)North America — direct store-door delivery operationsUSD 77 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Plan also exited approximately 517 distribution route franchise agreements with independent contractors (offers extended June 2007, substantially accepted July 2007). Charge recorded in SGA expense; substantially complete by end of 2007. Exit cost reserves of $3 million remained at year-end, primarily lease terminations.
2007-12-29plant_closurein_progress2202006-09-012008-12-31United Kingdom (Manchester)Europe — manufacturingUSD 19 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Multi-year program approved September 2006; $19 million of approximately $55 million total up-front costs recorded in FY2007 (FY2006 recorded $28 million), remainder to be incurred in 2008. Elimination of approximately 220 hourly and salaried positions via voluntary early retirement and severance by end of 2008. All costs in cost of goods sold within Europe segment.
2007-12-29restructuringin_progress1202007-10-012008-06-30Germany (Bremen) and Spain (Valls)Europe — manufacturing and distributionUSD 4 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Committed October 2007 following consultation with Bremen union representatives on eliminating approximately 120 positions. $4 million of approximately $25 million total project costs recorded in FY2007; remainder in 2008. Costs split roughly 50% asset write-offs / 50% separation and other cash costs, recorded in cost of goods sold within Europe segment.
2007-12-29acquisition_additioncompleted2007-11-012007-11-05United StatesNorth America — snacks and natural/organic foodsUSD 123 (millions)business_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Two acquisitions: Bear Naked, Inc. (100% equity, November 1, 2007) and Wholesome & Hearty Foods Company / Gardenburger (certain assets and liabilities, November 5, 2007), total approximately $123 million cash including transaction costs. Headcount added not disclosed; results described as insignificant for Q4 2007.
2007-12-29acquisition_additionannounced4,0002008-01-162008-01-16RussiaInternational — cereal, cookie and cracker manufacturingUSD 117 (millions)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent event after fiscal year-end: acquisition of substantially all equity interests in OJSC Kreker (United Bakers) for approximately $117 million cash plus $3 million assumed debt; business had approximately 4,000 employees, six manufacturing facilities, and approximately $100 million of 2007 revenues. Remaining minority interests to be acquired through tender offers during 2008; contingent consideration payable at end of three years if performance metrics are met.
2007-12-29restructuringcompleted2202006-09-012008-12-31EuropeManufacturingUSD 19 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Multi-year plan commenced in 2006 to eliminate approx. 220 hourly and salaried positions by end of 2008. $19M recorded in 2007; remainder expected in 2008.
2007-12-29restructuringin_progress1202007-10-012008-06-30EuropeManufacturingUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reorganization of production processes between plants in Spain and Germany. Elimination of approx. 120 employee positions. $4M recorded in 2007; remaining costs to be incurred in 2008.
2007-12-29restructuringcompleted3002007-07-012007-12-31United StatesSales & MarketingUSD 77 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reorganization of direct store-door delivery operations in southeastern US. Involuntary termination or relocation of approx. 300 employee positions. Substantially complete by end of 2007.
2007-12-29restructuringcompleted2202006-01-012008-12-31EuropeManufacturingUSD 19 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Multi-year plan commenced in 2006. 2007 charges of $19M recorded. Total expected cost $55M. Elimination of 220 hourly and salaried positions in Manchester, England by end of 2008.
2007-12-29restructuringin_progress1202007-10-012008-06-30EuropeManufacturingUSD 4 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Reorganization of plants in Valls, Spain and Bremen, Germany. Total expected cost $25M. $4M recorded in 2007. Elimination of approx 120 employee positions.
2007-12-29restructuringcompleted3002007-07-012007-12-31United StatesSales & MarketingUSD 77 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Reorganization of direct store-door delivery operations in southeastern US. Involuntary termination or relocation of approx 300 employee positions. Also involved exiting approx 517 independent contractor route franchises.
2007-12-29acquisition_additioncompleted2007-11-012007-11-01United StatesNorth AmericaUSD 123 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquired Bear Naked, Inc. (Nov 1) and Wholesome & Hearty Foods (Nov 5). Total cash consideration approx $123M. Employee count not explicitly disclosed for these specific acquisitions in the filing.
2007-09-29restructuringin_progress2202006-01-012008-12-31Manchester, England (Europe)Europe — manufacturingUSD 60 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year plan to improve utilization of the Manchester facility; positions are hourly and salaried, largely voluntary early retirement and severance. Total project costs of ~$60M include ~$28M incurred in 2006 and ~$18M expected in 2007; costs to date through Q3 2007 total $42M. All costs recorded in cost of goods sold within the Europe segment.
2007-09-29restructuringin_progress3002007-07-012007-12-31Southeastern United StatesNorth America — direct store-door (DSD) delivery operationsUSD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan integrates southeastern sales and distribution regions with the rest of U.S. DSD operations; involves exiting approximately 517 distribution route franchise agreements with independent contractors (substantially accepted as of July 2007) and involuntary termination or relocation of ~300 employee positions. Costs principally cash expenditures for route franchise settlements; costs to date through Q3 2007 total $66M. All costs recorded in SG&A within the North America segment.
2007-09-29restructuringannounced1202007-10-262008-06-30Valls, Spain and Bremen, Germany (continental Europe)Europe — manufacturing and distributionUSD 23 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Management committed on October 26, 2007 to reorganize production processes between the Valls and Bremen plants following union consultation at Bremen regarding elimination of ~120 positions. Costs split approximately 50% asset write-offs and 50% employee separation benefits and other cash costs; virtually all costs expected to be recognized in 2008.
2007-09-29acquisition_additionannounced2007-11-01United StatesNorth America — natural granola products (Bear Naked, Inc.)USD 122 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Subsidiary acquired Bear Naked, Inc. on November 1, 2007; combined with the November 5, 2007 Gardenburger (Wholesome & Hearty Foods Company) acquisition, the Company paid approximately $122 million in cash total. No headcount figures disclosed for the acquired businesses.
2007-09-29acquisition_additionannounced2007-11-05United StatesNorth America — veggie foods (Gardenburger brand)USD 122 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Acquired certain assets and liabilities of the Wholesome & Hearty Foods Company, maker of Gardenburger brand veggie foods, on November 5, 2007; the $122 million figure is the combined cash price for this and the Bear Naked acquisition. No headcount figures disclosed.
2007-09-29restructuringin_progress22020062008-12-31Manchester, England, United KingdomEurope — manufacturingUSD 60 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Total project costs of approximately $60 million, largely voluntary early retirement and severance benefits; approximately $18 million expected in 2007 with the remainder in 2008. $42 million incurred to date through Q3 2007.
2007-09-29restructuringin_progress3002007-072007-12-31Southeastern United StatesNorth America — direct store-door delivery (DSD) operationsUSD 80 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan involves exiting approximately 517 distribution route franchise agreements with independent contractors (offers extended June 2007, substantially accepted July 2007) and involuntary termination or relocation of approximately 300 employee positions. Approximately $66 million of the $80 million total project costs incurred year-to-date through Q3 2007.
2007-09-29restructuringannounced1202007-10-262008-06-30Valls, Spain and Bremen, GermanyEurope — manufacturingUSD 23 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter announcement (October 26, 2007) following union consultation at Bremen; approximately 50% asset write-offs and 50% separation benefits and other cash costs, virtually all expected to be recognized in 2008.
2007-09-29acquisition_additionannounced2007-11-012007-11-01United StatesNatural granola productssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Subsidiary acquired Bear Naked, Inc.; no headcount disclosed. Part of approximately $122 million total cash paid for Bear Naked and Wholesome & Hearty Foods.
2007-09-29acquisition_additionannounced2007-11-052007-11-05United StatesVeggie foods (Gardenburger brand)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired certain assets and liabilities of Wholesome & Hearty Foods Company; no headcount disclosed. Part of approximately $122 million total cash paid for Bear Naked and Wholesome & Hearty Foods.
2007-09-29restructuringin_progress2202006-01-012008-12-31EuropeManufacturingUSD 60 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
European manufacturing optimization plan to improve utilization of Manchester facility. Total project costs approx $60M, largely voluntary early retirement and severance to eliminate 220 hourly and salaried positions.
2007-09-29restructuringin_progress3002007-07-012007-12-31United StatesSales & MarketingUSD 80 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
U.S. DSD reorganization plan in southeastern US. Involuntary termination or relocation of approx 300 employee positions. Total project costs approx $80M, principally route franchise settlements and employee separation.
2007-09-29restructuringannounced1202007-10-262008-06-30EuropeManufacturingUSD 23 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Reorganization of production processes between plants in Valls, Spain and Bremen, Germany. Elimination of approx 120 employee positions. Total project costs approx $23M.
2007-06-30restructuringin_progress2202006-01-012008-12-31Manchester, England (Europe)Europe operating segment — manufacturingUSD 60 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year plan begun 2006 to improve utilization of Manchester facility; eliminates approximately 220 hourly and salaried positions via voluntary early retirement and severance. $28M incurred in 2006, ~$17M expected in 2007, remainder in 2008; $40M incurred to date. All costs recorded in cost of goods sold.
2007-06-30restructuringin_progress3002007-06-272007-12-31Southeastern United StatesNorth America operating segment — direct store-door delivery (DSD)USD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Reorganization of southeastern DSD operations integrating regions with nationwide network; ~300 positions involuntarily terminated or relocated. Total project costs expected $75-$85 million (midpoint used), principally cash route franchise settlements. $38M accrued in Q2 2007 for route franchise settlements, recorded in SG&A. Certain elements conditional pending union consultations.
2007-06-30otherin_progress2007-06-272007-12-31Southeastern United StatesNorth America operating segment — distributionUSD 38 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Offers to exit approximately 517 distribution route franchise agreements with independent contractors, substantially accepted as of July 13, 2007; $38M of route franchise settlement charges accrued in Q2 2007. Related to (but distinct from) the DSD employee reorganization captured separately.
2007-06-30restructuringin_progress22020062008-12-31Manchester, England (Europe)Europe — manufacturingUSD 17 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year plan commenced in 2006 to eliminate approximately 220 hourly and salaried positions at the Manchester facility by end of 2008. Total project costs estimated at ~$60M, of which ~$40M incurred through June 30, 2007; $17M expected in 2007, remainder in 2008. Charges recorded in cost of goods sold within the Europe segment.
2007-06-30restructuringin_progress3002007-06-272007-12-31Southeastern United StatesNorth America — direct store-door delivery (DSD) operationsUSD 38 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Offers to exit ~517 distribution route franchise agreements with independent contractors began 2007-06-27 and were substantially accepted by 2007-07-13; plan expected to involuntarily terminate or relocate ~300 employee positions by end of 2007. Total project costs estimated at $75-85M; $38M accrued in Q2 2007 for route franchise settlements (charge value shown is the Q2 accrual, not the program total). Certain elements conditional on union consultations. Charges recorded in SG&A within the North America segment.
2007-06-30restructuringin_progress2202006-01-012008-12-31EuropeManufacturingUSD 17 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
European manufacturing optimization plan to improve utilization of Manchester facility. Total project costs approx $60M. $17M expected in 2007. Eliminates approx 220 hourly and salaried positions.
2007-06-30restructuringannounced3002007-06-272007-12-31United StatesSales & MarketingUSD 80 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
DSD reorganization in southeastern US. Involuntary termination or relocation of approx 300 employee positions. Total project costs expected $75-$85M. $38M accrued in Q2 2007 for route franchise settlements.
2007-03-31restructuringin_progress2008-12-31EuropeEurope operating segmentUSD 5 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
European manufacturing optimization plan; Q1 2007 charges of $5M comprised of $1M asset write-offs and $4M severance, removals, and other cash expenditures recorded in cost of goods sold. Exit cost reserves of $6M at quarter-end, principally severance obligations expected to be paid later in 2007.
2007-03-31restructuringcompleted2006-12-30United StatesNorth America operating segmentUSD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
U.S. bakery consolidation initiative completed in 2006; prior-year quarter (Q1 2006) charges of $7M comprised of $2M asset write-offs and $5M equipment removal, relocation, and other cash expenditures.
2007-03-31restructuringin_progress2008EuropeEurope operating segmentUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
European manufacturing optimization plan; Q1 2007 charges comprise $1M asset write-offs and $4M severance/removals/other cash expenditures. Exit cost reserve of $6M at 2007-03-31 relates principally to severance under this plan, expected to be paid later in 2007. No employee count disclosed. Full-year 2007 projected charges for all in-progress and potential cost-reduction initiatives total approximately $80M, of which roughly one-third is allocated to this European plan.
2007-03-31restructuringin_progress2008-12-31EuropeManufacturingUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
European manufacturing optimization plan. Charges include $1M asset write-offs and $4M severance/removals. Exit cost reserves of $6M remain.
2006-12-30restructuringin_progress2202006-092008-12-31Manchester, England, United KingdomEurope manufacturingUSD 60 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Total up-front costs of approximately $60 million (about 80% cash, 20% non-cash asset write-offs), of which approximately $28 million was incurred in fiscal 2006; positions to be eliminated via voluntary early retirement and severance by end of 2008
2006-12-30voluntary_separationin_progress8020062007-03-31United StatesNorth America cereal manufacturing networkUSD 15 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Voluntary separation incentives resulted in retirement of approximately 80 hourly employees by early 2007; approximately $15 million of up-front costs incurred in Q4 2006, including $10 million of pension and other postretirement curtailment losses
2006-12-30plant_closurecompleted20052006-09-30United StatesNorth America snacks bakery capacity consolidationUSD 31 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Macon, Georgia facility closed April 2006 and sold September 2006 (Des Plaines, Illinois closed late 2005); initiative eliminated over 700 positions cumulative across both closures; approximately $31 million of up-front costs incurred in fiscal 2006, including a $4 million increase in estimated multiemployer pension withdrawal liability to $20 million
2006-12-30othercompleted2006-10-012006-12-31Latin AmericaSales and distributionUSD 8 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Shift from a third-party distributor to a direct sales force model; $8 million cash paid in Q4 2006 to exit the distribution arrangement; headcount impact not disclosed
2006-12-30restructuringcompleted20062006-12-30North AmericaManufacturingUSD 46 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Includes U.S. cereal manufacturing network productivity enhancements and Latin American sales distribution streamlining. Charges comprised asset write-offs, severance, and other costs. Employee count not explicitly disclosed in aggregate for this specific action, though 80 hourly retirements noted for U.S. cereal initiative.
2006-12-30restructuringin_progress22020062008-12-31EuropeManufacturingUSD 28 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
European manufacturing optimization plan (Manchester facility). 220 hourly and salaried positions to be eliminated by end of 2008 through voluntary early retirement and severance. $28 million incurred in 2006.
2006-12-30acquisition_additioncompleted4002005-062005-06United StatesManufacturingMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of fruit snacks manufacturing facility from Kraft Foods Inc. in June 2005. 400 active hourly and salaried employees.
2006-12-30restructuringin_progress2202006-09-012008-12-31EuropeManufacturingUSD 60 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
European manufacturing optimization plan to improve utilization of Manchester, England facility. Includes voluntary early retirement and severance programs.
2006-12-30restructuringcompleted802006-01-012007-03-31United StatesManufacturingUSD 15 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Initiatives to enhance productivity and efficiency of U.S. cereal manufacturing network. Voluntary separation incentives resulted in retirement of approximately 80 hourly employees by early 2007.
2006-12-30restructuringcompleted2006-01-012006-12-30Latin AmericaSales & MarketingUSD 8 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Streamlined sales distribution system in a Latin American market, shifting from third-party distributor to direct sales force model.
2006-12-30plant_closurecompleted7002005-01-012006-09-30United StatesManufacturingUSD 31 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Consolidation of U.S. snacks bakery capacity. Closure and sale of Des Plaines, Illinois facility (late 2005) and Macon, Georgia facility (April 2006, sold Sept 2006). Elimination of over 700 hourly and salaried positions through involuntary severance and attrition. $31M in up-front costs incurred in 2006.
2006-12-30acquisition_additioncompleted4002005-06-012005-06-01United StatesManufacturingbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of fruit snacks manufacturing facility from Kraft Foods Inc. in Chicago, Illinois.
2006-09-30plant_closurecompleted2005-01-012006-04-30United StatesNorth America - U.S. snacks/bakeryUSD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
U.S. bakery capacity consolidation: Des Plaines, IL facility closed/sold in late 2005; Macon, GA facility closed April 2006 and sold September 2006. Approximately $80 million of up-front costs incurred in 2005, including $16 million multiemployer pension withdrawal liability.
2006-09-30reduction_in_forcecompleted7002005-01-012006-09-30United StatesNorth America - U.S. bakery consolidationrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Over 700 hourly and salaried positions eliminated through involuntary severance and attrition from the Des Plaines and Macon facility closures. Program substantially complete as of September 30, 2006.
2006-09-30restructuringin_progress2202006-09-012008-12-31United Kingdom / EuropeEurope - Manchester, England manufacturing facilityUSD 60 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-year European manufacturing optimization plan approved September 2006 to improve utilization of the Manchester facility and realign European production. Approximately 220 hourly and salaried positions to be eliminated by end of 2008 via voluntary early retirement and severance; total up-front costs approximately $60 million (about 80% cash, 20% asset write-offs). Approximately $30 million expected in 2006.
2006-09-30plant_closurein_progress7002005-01-012006-12-30United StatesNorth America snacks (U.S. bakery)USD 35 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
U.S. bakery capacity consolidation: Des Plaines, IL facility closed and sold in late 2005; Macon, GA facility closed April 2006 and sold September 2006. Filer states elimination of over 700 hourly and salaried positions; value shown is the disclosed floor. Substantially complete at quarter end, with relocated production start-up continuing through end of 2006. Approximately $80M of up-front costs incurred in 2005 (including $16M multiemployer plan withdrawal liability); approximately $35M expected for 2006, of which $36M program-related charges were recorded year-to-date through Q3 2006 ($9M in the quarter). Charge shown is the 2006 expected amount.
2006-09-30restructuringin_progress2202006-09-012008-12-31United KingdomEurope (Manchester manufacturing facility)USD 60 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year European manufacturing optimization plan approved September 2006 to improve utilization of the Manchester, England facility. Approximately 220 hourly and salaried positions to be eliminated by end of 2008 via voluntary early retirement and severance programs. Approximately $60M total up-front costs (about 80% cash, 20% non-cash asset write-offs), of which approximately $30M expected in 2006; $4M of charges recorded in Q3 2006 within the European segment. Pension trust funding requirements of early retirements expected to exceed recognized benefit expense by about $10M.
2006-09-30restructuringin_progress7002005-01-012006-12-31United StatesNorth AmericaUSD 35 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidation of U.S. bakery capacity; closures of Des Plaines, IL and Macon, GA facilities. Over 700 hourly and salaried positions eliminated through involuntary severance and attrition. Project substantially complete as of Sept 30, 2006, with final stages of relocated production start-up continuing through end of 2006. Expected total up-front costs for 2006 approx $35 million.
2006-09-30restructuringannounced2202006-09-012008-12-31EuropeEuropeUSD 60 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
European manufacturing optimization plan for Manchester, England facility. Plan to eliminate approx 220 hourly and salaried positions by end of 2008 through voluntary early retirement and severance. Total expected up-front costs approx $60 million.
2006-07-01plant_closurecompleted2006-04-30Macon, Georgia, United StatesNorth America (U.S. bakery capacity consolidation)USD 20 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Macon facility closed April 2006 as part of U.S. bakery consolidation; sale pending. Quarter COGS included ~$20 million of program-related charges; YTD charges of ~$27 million comprised of $12 million asset write-offs, $4 million multiemployer pension withdrawal liability, and $11 million cash costs (production relocation and severance). Employee count affected not disclosed.
2006-07-01plant_closurecompleted2005-12-31Des Plaines, Illinois, United StatesNorth America (U.S. bakery capacity consolidation)USD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Facility closed and sold in late 2005 under the 2005 U.S. bakery consolidation initiative; ~$80 million of up-front costs incurred in 2005, including $16 million present value of multiemployer plan withdrawal liability. Employee count affected not disclosed.
2006-07-01restructuringin_progress2006-12-30United StatesNorth America (U.S. bakery capacity consolidation)USD 35 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Additional ~$35 million of up-front costs expected in 2006 (about two-thirds cash, one-third asset write-offs), including a $4 million increase in estimated multiemployer pension withdrawal liability to $20 million recorded in Q2 2006. Full-year 2006 cost-reduction charges projected at ~$90 million or $.15 per share. Severance obligations of ~$3 million in exit cost reserves at July 1, 2006, expected to be paid out in 2006. Employee count affected not disclosed.
2006-07-01plant_closurecompletedUnited States — Macon, GeorgiaNorth America — U.S. bakery operationsUSD 27 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Macon facility closed April 2006 with sale pending, part of U.S. bakery capacity consolidation begun in 2005 (Des Plaines closed late 2005). YTD 2006 program charges of $27M ($12M asset write-offs, $4M multiemployer pension withdrawal liability, $11M cash); no employee count disclosed. Full-year 2006 program charges projected at $90M.
2006-07-01restructuringin_progressUnited StatesNorth America — U.S. bakery operationsUSD 35 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Additional $35M of up-front costs projected for full-year 2006 (about two-thirds cash, one-third asset write-offs), including a $4M increase in estimated multiemployer pension withdrawal liability to $20M recorded in Q2 2006; exit cost reserves $3M at quarter-end vs $13M at year-end 2005. No employee counts disclosed.
2006-07-01restructuringin_progressUnited StatesNorth AmericaUSD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidation of U.S. bakery capacity (Des Plaines and Macon facilities). Charges include asset write-offs, severance, and pension withdrawal liability.
2006-07-01restructuringin_progressUnited StatesNorth AmericaUSD 27 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Year-to-date charges for bakery consolidation initiative, including $12M asset write-offs, $4M pension withdrawal liability, and $11M cash expenditures.
2006-04-01plant_closurecompleted2006-04-01Macon, Georgia, United StatesNorth America (U.S. bakery capacity consolidation)USD 7 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Macon, Georgia bakery closed in April 2006 as part of U.S. bakery capacity consolidation begun in 2005. Q1 2006 charges of ~$7 million comprised $2 million asset write-offs and $5 million cash expenditures (equipment removal and relocation). No employee count disclosed.
2006-04-01plant_closurecompleted2005-12-31Des Plaines, Illinois, United StatesNorth America (U.S. bakery capacity consolidation)USD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Des Plaines, Illinois facility closed and sold in late 2005 under the same bakery consolidation initiative; ~$80 million of up-front costs incurred in 2005, with an additional ~$30 million expected in 2006. No employee count disclosed.
2006-04-01otherin_progress2008-01-01Macon, Georgia, United StatesNorth AmericaUSD 16 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multiemployer pension plan withdrawal liability of $16 million recorded in 2005 related to the Macon bakery closure; final amount not determinable until early 2008 and subject to adjustment through 2006-2007.
2006-04-01plant_closurecompleted2006-04United States — Macon, GeorgiaNorth America — U.S. bakery operationsUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of U.S. bakery capacity consolidation; closure stated for April 2006 (after quarter end). No employee count disclosed. Company expects ~$30M additional 2006 up-front costs for the initiative (two-thirds cash, one-third asset write-offs), not allocated to this site. A $16M multiemployer pension plan withdrawal liability, originally recorded in 2005, relates to this closure and is not finally determinable until early 2008. Prior-site closure of Des Plaines, Illinois occurred in late 2005 (prior period).
2006-04-01plant_closurecompleted2006-04-01United StatesNorth AmericaUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of Macon, Georgia facility in April 2006. Total charges of $7 million comprised $2 million asset write-offs and $5 million cash expenditures.
2006-04-01restructuringin_progressUnited StatesNorth AmericaUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Estimated multiemployer plan withdrawal liability associated with Macon closure. Not finally determinable until early 2008.
2005-12-31restructuringin_progress3502006-06-30United StatesNorth America — snacks (U.S. bakery operations)USD 80 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
U.S. snacks bakery capacity consolidation initiated in 2005: Des Plaines, Illinois facility closed and sold in late 2005; Macon, Georgia facility planned for closure by mid-2006. Approximately 350 positions eliminated in 2005 through separation and attrition, with an additional 350 positions expected to be eliminated in 2006. Up-front costs of approximately $80 million incurred in 2005 and approximately $30 million expected in 2006; total project costs expected to include about $45 million of accelerated depreciation and asset write-offs and $65 million of cash costs, including a $16 million multiemployer pension plan withdrawal liability.
2005-12-31plant_closurecompleted2005-06-30United StatesNorth America — meat alternatives manufacturingUSD 10 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Consolidation of meat alternatives manufacturing at Zanesville, Ohio with closure and sale of the Worthington, Ohio facility completed by mid-2005. Approximately 280 positions were eliminated in 2004 (prior fiscal year, not extracted); an additional $10 million of asset write-offs and cash costs was recorded in 2005 to complete the initiative.
2005-12-31acquisition_additioncompleted4002005-06United States (Chicago, Illinois)North America — fruit snacksbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Fruit snacks manufacturing facility and related assets acquired from Kraft Foods Inc. in June 2005, employing approximately 400 active hourly and salaried employees. Combined with a November 2005 acquisition of a Washington State natural/organic fruit snacks manufacturer, total 2005 acquisition cash outlay was approximately $50 million including transaction costs; headcount for the November acquisition was not disclosed.
2005-12-31othercompletedUnited StatesNorth America — U.S. cereal plants (hourly employees)USD 12 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Ratification of a four-year wage and benefits agreement covering the period ended October 2009 with the major union representing hourly employees at U.S. cereal plants; a lump-sum payment of approximately $12 million to employees was recorded in cost of goods sold for 2005. Number of covered employees not disclosed.
2005-12-31restructuringin_progress35020052006-06-30United StatesSnacksUSD 80 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Consolidation of U.S. snacks bakery capacity; closure of Des Plaines, IL facility and planned closure of Macon, GA facility. 350 positions eliminated in 2005 via separation/attrition; 350 additional expected in 2006. $80M up-front costs incurred in 2005.
2005-12-31restructuringcompleted28020042005-06-30United StatesMeat AlternativesUSD 10 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Consolidation of meat alternatives manufacturing at Zanesville, OH; closure of Worthington, OH facility. 280 positions eliminated via separation/attrition. $10M asset write-offs and cash costs recorded in 2005.
2005-12-31acquisition_additioncompleted4002005-062005-06United StatesFruit Snacksbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of fruit snacks manufacturing facility from Kraft Foods Inc. in Chicago, IL.
2005-12-31restructuringin_progress35020052006-06-30United StatesNorth America SnacksUSD 80 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Consolidation of U.S. snacks bakery capacity. Des Plaines facility closed in late 2005; Macon facility planned closure by mid-2006. 350 positions eliminated in 2005 via separation/attrition. Upfront costs of $80 million incurred in 2005.
2005-12-31restructuringcompleted28020042005-06-30United StatesNorth America Meat AlternativesUSD 10 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Consolidation of meat alternatives manufacturing. Worthington, Ohio facility closed and sold by mid-2005. 280 positions eliminated. $10 million in asset write-offs and cash costs recorded in 2005.
2005-12-31acquisition_additioncompleted4002005-062005-06United StatesNorth America Snacksbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of fruit snacks manufacturing facility from Kraft Foods Inc. in Chicago, Illinois.
2005-10-01plant_closurein_progress2005-01-012005-12-31Des Plaines, Illinois, United StatesNorth America snacks businessMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Bakery to close by end of 2005; part of a two-bakery initiative collectively employing approximately 750 hourly and salaried employees, with production relocated principally to other Company facilities. Facility was sold in August 2005 with use retained through end of 2005.
2005-10-01plant_closurein_progress2005-01-012006-06-30Macon, Georgia, United StatesNorth America snacks businessMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Bakery to close by mid-2006; part of a two-bakery initiative collectively employing approximately 750 hourly and salaried employees. Includes a multi-employer pension plan withdrawal liability covering the majority of union employees at this bakery, payable over up to 20 years, with final amount not determinable until early 2008.
2005-10-01restructuringin_progress7502005-01-012006-06-30United StatesNorth America snacks businessUSD 110 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Consolidated record for the two-bakery closure initiative (Des Plaines and Macon); approximately 750 hourly and salaried employees affected. Expected up-front costs of approximately $110 million, including roughly $45 million in accelerated depreciation and asset write-offs and $65 million of cash costs including severance, removals, and pension plan withdrawal liability; approximately $80 million to be recognized in 2005.
2005-10-01plant_closurecompleted2802004-01-012005-06-30Worthington, Ohio, United StatesNorth America — meat alternatives manufacturingUSD 10 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Consolidation of meat alternatives manufacturing at Zanesville, Ohio facility resulted in closure and sale of Worthington facility during first half of 2005; approximately 280 positions eliminated through separation and attrition. About $20 million of up-front costs recognized in 2004 plus an additional $10 million of asset write-offs and cash costs in 2005.
2005-10-01acquisition_additioncompleted4002005-06-012005-06-30Chicago, Illinois, United StatesNorth America fruit snacks businessUSD 30 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition of a fruit snacks manufacturing facility and related assets from Kraft Foods Inc. for approximately $30 million in cash including transaction costs; facility employs approximately 400 active hourly and salaried employees. Purchase price allocated approximately $20 million to property, remainder principally to inventory.
2005-10-01othercompleted2005-10-01United StatesU.S. cereal plantsUSD 11 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Members of the major union representing hourly employees at U.S. cereal plants ratified a wage and benefits agreement covering the four-year period ended October 2009; Company will make a lump-sum payment of approximately $11 million to union members, recognized in cost of goods sold in fiscal Q4 2005.
2005-10-01plant_closurein_progress7502006-06-30United States (Illinois and Georgia)North America snacks manufacturingUSD 110 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Des Plaines bakery closing by end of 2005; Macon bakery by mid-2006. ~$80M of $110M total up-front costs expected in 2005. Includes ~$45M accelerated depreciation/write-offs and ~$65M cash costs (severance, removals, pension withdrawal liability).
2005-10-01plant_closurecompleted2802005-06-30United States (Ohio)North America meat alternatives manufacturingUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Worthington, OH facility closed and sold; production consolidated at Zanesville, OH. ~280 positions eliminated via separation and attrition. ~$20M up-front costs recognized in 2004; additional $10M asset write-offs and cash costs in 2005.
2005-10-01acquisition_additioncompleted4002005-06-302005-06-30United States (Chicago, Illinois)North America fruit snacks manufacturingUSD 30 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Fruit snacks manufacturing facility acquired from Kraft Foods Inc. for ~$30M cash including transaction costs; facility employs ~400 hourly and salaried employees.
2005-10-01othercompleted2005-10-31United StatesU.S. cereal plants (union hourly employees)USD 11 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Major union ratified four-year wage and benefits agreement covering period through October 2009; ~$11M lump-sum payment to union members to be recognized in Q4 2005 cost of goods sold.
2005-10-01plant_closurein_progress7502005-10-012006-06-30United StatesNorth America SnacksUSD 110 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of Des Plaines, IL bakery (by end of 2005) and Macon, GA bakery (by mid-2006). Production relocated to other facilities. Includes ~$45M asset write-offs and $65M cash costs (severance, removals, pension withdrawal).
2005-10-01plant_closurecompleted2802005-01-012005-06-30United StatesNorth America Meat AlternativesUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure and sale of Worthington, OH facility. Consolidation of meat alternatives manufacturing at Zanesville, OH. Positions eliminated through separation and attrition. $10M asset write-offs and cash costs recorded in 2005.
2005-10-01acquisition_additioncompleted4002005-06-012005-06-01United StatesNorth America Fruit SnacksUSD 30 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of fruit snacks manufacturing facility and related assets from Kraft Foods Inc. in Chicago, IL. Includes 400 active hourly and salaried employees.
2005-07-02plant_closureannounced2005-12-31Des Plaines, Illinois, United StatesNorth America snacks businessrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Bakery to close by end of 2005; production relocated principally to other Company facilities. Part of a two-bakery initiative with a combined ~750 employees and ~$115 million total up-front costs (~$75 million in 2005, including ~$45 million accelerated depreciation/asset write-offs and ~$70 million cash costs including severance, removals, and a multi-employer pension plan withdrawal liability).
2005-07-02plant_closureannounced2006-06-30Macon, Georgia, United StatesNorth America snacks businessrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Bakery to close by mid-2006; production relocated principally to other Company facilities. Part of a two-bakery initiative with a combined ~750 employees and ~$115 million total up-front costs. Includes a multi-employer pension plan withdrawal liability related to trust asset under-performance, payable over a period not to exceed 20 years; final amount not determinable until early 2008. Year-to-date 2005 results include a current estimate of approximately $16 million for this liability.
2005-07-02plant_closurecompleted2802005-07-02Worthington, Ohio, United StatesNorth America meat alternatives manufacturingUSD 10 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Consolidation of meat alternatives manufacturing at Zanesville, Ohio facility substantially completed in YTD 2005, resulting in closure and sale of Worthington facility. Approximately 280 positions eliminated through separation and attrition. About $20 million of up-front costs recognized in 2004 plus an additional $10 million of asset write-offs and cash costs in 2005.
2005-07-02acquisition_additioncompleted4002005-06-30Chicago, Illinois, United StatesNorth America fruit snacks businessUSD 30 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
June 2005 acquisition of a fruit snacks manufacturing facility and related assets from Kraft Foods Inc. for approximately $30 million in cash including transaction costs; facility employs approximately 400 active hourly and salaried employees. Balance sheet reflects ~$20 million in property, remainder allocated principally to inventory. Company plans to in-source some fruit snacks production beginning in 2006.
2005-07-02plant_closureannounced7502006-06-30United States (Illinois and Georgia)North America snacks — bakery operationsUSD 115 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Combined workforce for two bakeries: Des Plaines, IL closing by end of 2005 and Macon, GA by mid-2006; approximately $75M of the $115M up-front costs expected in 2005. Filer does not split the 750 employees between the two sites.
2005-07-02plant_closurecompleted280United States (Ohio)North America — meat alternatives manufacturingUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Worthington, OH facility closed and sold as meat alternatives production consolidated at Zanesville, OH; positions eliminated through separation and attrition. Approximately $20M of up-front costs recognized in 2004 plus an additional $10M of asset write-offs and cash costs in 2005.
2005-07-02acquisition_additioncompleted4002005-06-30United States (Chicago, Illinois)North America — fruit snacksbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of a fruit snacks manufacturing facility from Kraft Foods Inc. for approximately $30M in cash; facility employs approximately 400 active hourly and salaried employees. Announcement date reflects June 2005 acquisition month; exact day not disclosed.
2005-07-02acquisition_additioncompleted4002005-06-01Chicago, IllinoisNorth AmericaUSD 30 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired fruit snacks manufacturing facility from Kraft Foods Inc. for approx $30 million; employs approx 400 active hourly and salaried employees.
2005-07-02plant_closureannounced7502005-07-022006-06-30Des Plaines, Illinois and Macon, GeorgiaNorth AmericaUSD 115 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan to close Des Plaines bakery by end of 2005 and Macon bakery by mid-2006. Production relocated to other facilities. Approx 750 hourly and salaried employees affected. Total up-front costs approx $115 million.
2005-07-02plant_closurecompleted2802005-07-02Worthington, OhioNorth AmericaUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Substantially completed initiative to consolidate meat alternatives manufacturing at Zanesville, Ohio, resulting in closure and sale of Worthington facility. Approx 280 employee positions eliminated through separation and attrition. Additional $10 million asset write-offs and cash costs recorded in 2005.
2005-04-02plant_closurein_progress7502005-03-012006-06-30Macon, Georgia and Des Plaines, Illinois, United StatesNorth America snacks businessUSD 120 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Two bakery closures announced March 2005; ~750 hourly and salaried employees affected. Des Plaines expected to close by end of 2005, Macon by mid-2006. Total up-front costs ~$120M (~$85M in 2005), including ~$50M accelerated depreciation/asset write-offs and ~$70M cash costs (severance, removals, pension plan withdrawal liability). Production relocated principally to other Company facilities.
2005-04-02plant_closurein_progress2802005-06-30Worthington, Ohio, United StatesMeat alternatives manufacturingUSD 10 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Worthington facility closed with sale in March 2005 at approximately held-for-sale carrying value; ~280 positions eliminated through separation and attrition. ~$20M up-front costs recognized in 2004; additional ~$10M of asset write-offs and cash costs expected in 2005. Manufacturing consolidating at Zanesville, Ohio facility in Q2 2005.
2005-04-02otherin_progressUnited StatesNorth AmericaUSD 16 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Multi-employer pension plan withdrawal liability of ~$16M recorded in Q1 2005, related to trust asset under-performance covering majority of union employees at the Macon bakery; payable over a period not to exceed 20 years, final amount determinable in early 2008.
2005-04-02plant_closureannounced7502005-032006-06-30United States (Macon, Georgia and Des Plaines, Illinois)North America snacks (bakeries)USD 120 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced March 2005; covers two bakeries employing about 750 hourly and salaried employees. About $85M of the $120M up-front costs expected in 2005 ($50M accelerated depreciation/asset write-offs, $70M cash costs including severance and a multi-employer pension withdrawal liability). Des Plaines expected to close by end of 2005, Macon by mid-2006; $16M of the pension withdrawal liability recorded in Q1 2005. Decision bargaining with unions completed by end of Q1 2005; effects bargaining on separation benefits still pending.
2005-04-02plant_closurecompleted28020042005-06-30United States (Worthington, Ohio)Meat alternatives manufacturingUSD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Positions eliminated through separation and attrition; facility sold in March 2005 at approximately held-for-sale carrying value. About $20M of up-front costs recognized in 2004; an additional $10M of asset write-offs and cash costs expected in 2005. Consolidation of meat alternatives manufacturing at Zanesville, Ohio expected to complete in Q2 2005.
2005-04-02plant_closurein_progress7502005-03-012006-06-30United StatesNorth America SnacksUSD 120 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of bakeries in Macon, GA and Des Plaines, IL. Des Plaines expected to close by end of 2005; Macon by mid-2006. Upfront costs include $50M asset write-offs and $70M cash costs (severance, removals, pension withdrawal).
2005-04-02plant_closurecompleted2802005-06-30United StatesNorth America Meat AlternativesUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of Worthington, OH facility. Facility sold in March 2005. Positions eliminated through separation and attrition. Consolidation to Zanesville, OH expected in Q2 2005. $20M costs recognized in 2004; additional $10M expected in 2005.
2005-01-01plant_closurecompleted250United States (Worthington, Ohio)Meat alternatives manufacturingUSD 20 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Facility originally employed approximately 300; approximately 250 separated. Total expected project cost approximately $30M, of which approximately $20M recognized in 2004. Remaining production consolidated at Zanesville, Ohio facility by early 2005. Facility sale expected in 2005.
2005-01-01restructuringcompleted3002005-01-01United States (Elmhurst, Illinois to Battle Creek, Michigan)U.S. snacks business unitUSD 15 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
About one-third of approximately 300 employees affected accepted relocation or reassignment offers. Charge includes relocation, recruiting, and severance costs. Recruiting for remaining open positions substantially completed by year-end 2004.
2005-01-01restructuringin_progress2005-01-01EuropePan-European operationsUSD 30 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
New European legal and operating structure headquartered in Ireland implemented at beginning of 2005. 2004 costs include relocation, severance, and consulting. No specific employee count disclosed.
2005-01-01plant_closurecompleted2502005-03-31United StatesMeat Alternatives / ManufacturingUSD 20 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Closure of Worthington, Ohio meat alternatives facility. Approximately 250 employees separated. Total project costs ~$30M, with ~$20M recognized in 2004.
2005-01-01restructuringcompleted1002004-12-31United StatesSnacks / CorporateUSD 15 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Relocation of U.S. snacks business unit from Elmhurst, IL to Battle Creek, MI. About one-third of ~300 affected employees accepted relocation; remainder separated.
2005-01-01restructuringin_progressEuropeCorporate / OperationsUSD 30 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reorganization of pan-European operations and SAP rollout. Upfront costs of ~$30M incurred in 2004 for relocation, severance, and consulting.
2005-01-01plant_closurecompleted2502005-03-31United StatesMeat Alternatives ManufacturingUSD 20 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Closure of Worthington, Ohio meat alternatives facility. Approximately 250 of 300 employees separated. $20 million recognized in 2004 of expected $30 million total costs.
2005-01-01restructuringin_progressUnited StatesSnacks Business UnitUSD 15 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Relocation of U.S. snacks business unit from Elmhurst, Illinois to Battle Creek, Michigan. Approximately 300 employees affected; one-third accepted relocation offers. $15 million in relocation, recruiting, and severance costs incurred in 2004.
2005-01-01restructuringin_progressEuropePan-European OperationsUSD 30 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Reorganization of pan-European operations and SAP rollout. $30 million in up-front costs including relocation, severance, and consulting incurred in 2004.
2004-09-25restructuringin_progress2004-01-012005-01-01GlobalInformation TechnologyUSD 35 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Global rollout of SAP information technology system; incremental costs expected to be approximately $35 million for 2004.
2004-09-25restructuringin_progress2004-01-012005-01-01EuropeOperationsUSD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reorganization of pan-European operations; up-front costs including relocation, severance, and consulting expected to be approximately $30 million during 2004.
2004-09-25plant_closurein_progress3002004-01-012005-01-01United StatesManufacturingUSD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of veggie foods manufacturing facility in Worthington, Ohio; facility employs approximately 300 employees. Total asset write-offs and up-front costs expected to be approximately $30 million.
2004-09-25restructuringin_progress3002004-01-012004-12-31United StatesSnacksUSD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Relocation of U.S. snacks business unit to Battle Creek, Michigan; approximately 300 employees affected. Relocation, recruiting, and severance costs expected to be approximately $20 million principally during 2004.
2004-06-26plant_closurein_progress3002004-04-012005-06-30United StatesNorth America - veggie foods manufacturingUSD 30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Proposed closure of Worthington, Ohio veggie foods facility; certain operations outsourced and remaining production consolidated at Zanesville, Ohio over the next year. Costs comprise asset write-offs and up-front costs, majority expected in 2004. Decision bargaining completed and effects bargaining initiated with union in Q2 2004.
2004-06-26restructuringin_progress3002004-04-012004-12-31United StatesNorth America - U.S. snacks business unitUSD 20 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Relocation of U.S. snacks business unit from Elmhurst, Illinois (former Keebler headquarters) to Battle Creek, Michigan; costs for relocation, recruiting, and severance. About one-third of affected employees accepted relocation/reassignment offers by quarter-end; significant portion of costs expected to be defrayed by multi-year tax incentives beginning 2005.
2004-06-26restructuringin_progress2004-01-012005-01-31EuropeEurope - pan-European operationsUSD 30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Initiative to improve organizational design and effectiveness of pan-European operations, including a new European legal and operating structure with strengthened pan-European management authority by early 2005; up-front costs for relocation, severance, and consulting.
2004-06-26restructuringin_progress2004-01-012005-12-31GlobalInformation technologyUSD 30 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Global roll-out of SAP information technology system commenced in Q1 2004, resulting in accelerated depreciation of legacy software assets to be abandoned during 2005 plus consulting and implementation expenses.
2004-06-26restructuringin_progress2003-01-01North America and EuropeNorth America and Europe operating segmentsrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Manufacturing capacity rationalization and efficiency initiatives continuing from 2003; some initiatives still in planning stages with individual actions announced as plans are finalized.
2004-06-26plant_closurein_progress300Worthington, Ohio, United StatesVeggie foods manufacturing (U.S. snacks)USD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Proposal to close the facility and consolidate production at Zanesville, Ohio over the next year, with certain operations outsourced. Decision bargaining completed and effects bargaining initiated during Q2 2004. Charge covers asset write-offs and up-front costs, majority expected in 2004. Facility employs approximately 300 employees.
2004-06-26restructuringin_progress300Elmhurst, Illinois to Battle Creek, Michigan, United StatesU.S. snacks business unitUSD 20 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Relocation of the U.S. snacks business unit as the next step in Keebler integration. Approximately one-third of the roughly 300 affected employees accepted relocation or reassignment; remaining positions to be filled through internal and external recruiting. Charge covers relocation, recruiting, and severance costs during 2004.
2004-06-26restructuringin_progressEuropePan-European operations (corporate and operating)USD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Initiative to improve organizational design and effectiveness of pan-European operations, including a new European legal and operating structure with strengthened pan-European management authority intended for implementation by early 2005. Up-front costs include relocation, severance, and consulting. No employee count disclosed.
2004-06-26restructuringin_progressNorth America and EuropeManufacturingrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Manufacturing capacity rationalization and efficiency initiatives continuing from 2003; some actions still in planning stages with individual announcements pending. No employee counts or discrete charges disclosed for this component.
2004-06-26plant_closurein_progress3002004-06-262005-06-26Worthington, OhioNorth AmericaUSD 30 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Proposal to close veggie foods manufacturing facility; outsourcing certain operations and consolidating production at Zanesville, Ohio. Decision bargaining completed, effects bargaining initiated.
2004-06-26restructuringin_progress3002004-06-262004-12-31Elmhurst, Illinois to Battle Creek, MichiganNorth AmericaUSD 20 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Relocation of U.S. snacks business unit. Approximately one-third of affected employees accepted relocation/reassignment offers.
2003-12-27plant_closurecompleted1402003-12-27AustraliaWholesome snacks manufacturingUSD 6 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Leased facility exit; charge covers exit costs and asset write-offs; part of 2003 program totaling approximately $71 million in charges
2003-12-27plant_closurecompleted852003-12-27ArgentinaManufacturing (Mercosur capacity rationalization)USD 8 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Owned facility closure; charge comprises approximately $6 million impairment plus approximately $2 million severance and closure costs; imports replace local production from 2004
2003-12-27voluntary_separationcompleted1302003-12-27Great BritainPlant operationsUSD 18 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Positions eliminated through voluntary severance and early retirement programs to align crewing with demand cycle; hourly and salaried employees
2003-12-27otherin_progressUnited States and internationalPlant productivity and overhead reduction projectsrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Residual component of the 2003 cost-saving program; total 2003 charges approximately $71 million ($40 million asset write-offs, $8 million pension settlements, $23 million severance and other cash exit costs), allocated U.S. $36M, Europe $21M, Latin America $8M, all other $6M; exit cost reserves of approximately $19 million at year-end, principally severance payable in first half of 2004; further undetermined exit costs expected in 2004
2003-12-27divestiture_reductioncompleted2003-01-31United StatesPrivate-label bakery operations (Cleveland, Tennessee)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sale of additional private-label operations for approximately $14 million cash in January 2003; headcount removed not disclosed
2003-12-27restructuringcompleted2003-01-012003-12-27AustraliaWholesome snacksUSD 6 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Wholesome snack plant consolidation in Australia involved exit of leased facility and separation of approximately 140 employees. Total charges for this initiative were approximately $6 million.
2003-12-27restructuringcompleted2003-01-012003-12-27Mercosur region (Latin America)ManufacturingUSD 8 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Manufacturing capacity rationalization in Mercosur region involved closure of owned facility in Argentina and separation of approximately 85 plant and administrative employees. Total charges were approximately $8 million ($6 million impairment, $2 million severance/closure).
2003-12-27restructuringcompleted2003-01-012003-12-27Great BritainManufacturingUSD 18 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Plant workforce reduction in Great Britain resulted from changes in plant crewing. Approximately 130 hourly and salaried employee positions eliminated through voluntary severance and early retirement programs. Incurred approximately $18 million in separation benefit costs.
2003-12-27restructuringcompleted140AustraliaWholesome snack plantUSD 6 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Wholesome snack plant consolidation involving exit of leased facility and separation of approximately 140 employees.
2003-12-27restructuringcompleted85Latin America (Mercosur)ManufacturingUSD 8 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Manufacturing capacity rationalization in Mercosur region involving closure of owned facility in Argentina and separation of approximately 85 plant and administrative employees.
2003-12-27restructuringcompleted130Great BritainPlant workforceUSD 18 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Plant workforce reduction resulting from changes in plant crewing; approximately 130 hourly and salaried employee positions eliminated through voluntary severance and early retirement programs.
2003-03-29restructuringin_progress2001-03-26GlobalKeebler Foods CompanyUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Utilization of remaining reserves from 2001 Keebler acquisition exit plans. Includes severance and lease termination costs. No specific employee count disclosed for Q1 2003 utilization.
2002-12-28restructuringcompleted702002-08United States (Elmhurst, Illinois)Research, technology, and financial servicesrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Keebler exit plan: functions consolidated to Battle Creek, MI; approximately 70 positions in Elmhurst, IL relocated or eliminated. Part of $71.3M total exit-plan liability; $24.0M utilized during 2002.
2002-12-28restructuringin_progress852002-01-01United States (southeastern)Direct store door (DSD) delivery system — sales and supportrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Keebler DSD system reconfiguration to accommodate Kellogg snack volume; approximately 85 sales representatives and support personnel separated, plus early termination of leases on ~100 small vans. Initiative begun during 2002; exact announcement date not specified.
2002-12-28plant_closurein_progress2002-11United States (Chicago, Illinois)Ice cream cone and pie crust manufacturingrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Consolidation of ice cream cone and pie crust manufacturing from several facilities to a single Chicago facility. Employee count not disclosed.
2002-12-28restructuringcompleted2002-08-01United StatesResearch, Technology, Financial ServicesMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Consolidation of functions in Battle Creek, MI; approx 70 positions in Elmhurst, IL relocated or eliminated.
2002-12-28restructuringcompleted2002-11-01United StatesManufacturingMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Consolidation of ice cream cone and pie crust manufacturing to single facility in Chicago, IL.
2002-12-28restructuringcompleted852002-01-01United StatesSales & MarketingMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Reconfiguration of DSD system in southeastern US; separation of approx 85 sales reps and support personnel.
2002-12-28restructuringcompleted702002-08Elmhurst, IllinoisResearch, technology, and financial servicesMD&A
f5-10k / Qwen3.6-27B-Q8_0
Consolidation of functions in Battle Creek; 70 positions relocated or eliminated.
2002-12-28restructuringin_progress852002Southeastern United StatesSales and supportMD&A
f5-10k / Qwen3.6-27B-Q8_0
Reconfiguration of DSD system; separation of approx. 85 sales representatives and support personnel.
2002-12-28plant_closurein_progress2002-11Chicago, IllinoisManufacturingMD&A
f5-10k / Qwen3.6-27B-Q8_0
Consolidation of ice cream cone and pie crust manufacturing to single facility.
2002-09-28restructuringin_progress702002-08-01United StatesResearch, technology, and financial servicesrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Consolidation of certain functions in Battle Creek, Michigan; approximately 70 positions in Elmhurst, Illinois being relocated or eliminated. Announced August 2002.
2002-09-28divestiture_reductioncompleted2002-04-292002-04-29United StatesKeebler Bake-Line private-label unitrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Sold Bake-Line private-label assets, including Marietta, Oklahoma bakery, to Atlantic Baking Group for ~$65 million cash plus $10 million note; headcount transferred not disclosed.
2002-09-28restructuringin_progress2001-03-262003-12-31United StatesKeebler integration exit activitiesUSD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Exit-plan liabilities from Keebler acquisition; $28 million utilized in 2001, $17.1 million in 2002 YTD, $35.0 million reserve remaining at 2002-09-28; remaining amounts to be spent principally during 2003. Employee counts not disclosed.
2002-09-28restructuringcompleted2001-01-012002-12-31United States and AsiaCompany-wideUSD 48 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2001 charges for Keebler integration preparation and 'focus and align' strategy; ~70% asset write-offs, remainder employee severance and other cash costs. ~$10 million of prior-year reserves expected to be spent during 2002. Employee counts not disclosed.
2002-09-28restructuringin_progress2001-03-262003-12-31United StatesKeebler (acquired operations)USD 80 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Exit-plan liabilities of $80.1M recorded at acquisition date; $28M spent in 2001, ~$29M projected for 2002, remainder principally 2003. Remaining reserve at 2002-09-28 was $35.0M. No employee count disclosed.
2002-09-28restructuringannounced702002-08United States (Elmhurst, Illinois; consolidating into Battle Creek, Michigan)Research, technology, and financial servicesrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sub-component of the Keebler exit plans; approximately 70 Elmhurst positions to be relocated or eliminated. Filer states positions are being relocated or eliminated, so not all 70 are necessarily separations.
2002-09-28divestiture_reductionin_progress2002-04United States (Marietta, Oklahoma)Keebler Bake-Line private-label businessrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of Bake-Line assets to Atlantic Baking Group for ~$65M cash plus a $10M note; no headcount disclosed.
2002-09-28divestiture_reductionannouncedAustraliaPrivate-label operationsUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Planned divestiture of certain Australian private-label operations; Q3 charge of $5.3M is principally an impairment of production assets held for sale. No headcount disclosed.
2002-09-28plant_closurein_progressChinaManufacturing facilityUSD 5 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
YTD impairment loss on China manufacturing facility reflecting real estate market decline; no headcount or closure timing disclosed.
2002-09-28restructuringin_progress702002-08-01Elmhurst, IllinoisResearch, technology, and financial servicesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Consolidation of functions in Battle Creek, Michigan; positions in Elmhurst being relocated or eliminated.
2002-06-29restructuringin_progress2001-01-012003-12-31United States and AsiaUSD 48 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
2001 charges for Keebler integration preparation and 'focus and align' strategy; ~70% asset write-offs, remainder severance and cash costs. Remaining prior-year cash reserves of ~$10 million at December 31, 2001 expected to be spent during 2002. No employee counts disclosed in this 10-Q.
2002-06-29restructuringin_progress2001-03-262003-12-31Keebler exit activitiesUSD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Exit-plan liabilities included in Keebler purchase price allocation: employee severance $54.8M, relocation $1.8M, lease/contract termination $13.1M, facility closure $10.4M. Utilized $28.0M in 2001 and $14.5M year-to-date 2002; remaining reserve $37.6M at June 29, 2002. Cash outlays projected ~$31M in 2002, remainder principally in 2003. No employee counts disclosed.
2002-06-29divestiture_reductioncompleted2002-04-292002-04-29United States (Marietta, Oklahoma bakery)Keebler Bake-Line private-label unitUSD 65 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Sold Bake-Line private-label assets including a bakery to Atlantic Baking Group for ~$65 million cash plus a $10 million note; carrying value of net assets sold (including allocated goodwill) approximated proceeds. Headcount removed not disclosed.
2002-06-29restructuringin_progress2001-03-262003-12-31United StatesKeebler (acquired business)USD 80 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Exit plan reserve includes employee severance ($54.8M original, $18.7M remaining at 2002-06-29), employee relocation, contract termination, and facility closure components. No employee headcount disclosed. $14.5M utilized during 2002 YTD; ~$31M cash projected for full-year 2002.
2002-06-29divestiture_reductioncompleted2002-04-012002-04-29United StatesKeebler — Bake-Line private label businessrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Assets including Marietta, Oklahoma bakery sold to Atlantic Baking Group for ~$65M cash plus $10M note. Carrying value of net assets sold approximated proceeds. No employee headcount disclosed.
2002-06-29plant_closurecompletedChinaManufacturingUSD 5 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Impairment loss on manufacturing facility in China due to decline in real estate market value; not explicitly a closure or workforce reduction. Captured for completeness; no employee count disclosed.
2002-06-29restructuringin_progress2002-12-31GlobalVariousUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining reserves for cash expenditures related to prior-years' restructuring initiatives were approximately $10 million at Dec 31, 2001, expected to be spent during 2002. No specific employee count disclosed for current period activity.
2002-06-29restructuringin_progress2001-03-262003-12-31GlobalKeebler Foods CompanyUSD 31 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Exit plans related to Keebler acquisition. Cash outlays projected to be approximately $31 million in 2002, with remaining amounts spent principally during 2003. Includes employee severance, relocation, and facility closure costs. No specific employee count disclosed for current period activity.
2002-03-30divestiture_reductioncompleted2002-042002-04United StatesBake-Line private-label unitother
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Bake-Line assets including a Marietta, Oklahoma bakery to Atlantic Baking Group for ~$65 million cash plus a $10 million note; carrying value of net assets sold approximated proceeds. No employee count disclosed.
2002-03-30restructuringin_progress2001-03-262003-12-31United StatesKeebler exit activitiesUSD 80 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Exit-plan liabilities from Keebler acquisition covering employee severance, relocation, lease/contract termination, and facility closures; $41.6 million reserve remaining at 2002-03-30, with ~$38 million of cash outlays projected for 2002 and remainder principally in 2003. Includes closure of shipping centers as logistics systems are integrated.
2002-03-30restructuringin_progress2001-03-262003-12-31United StatesKeebler (acquired business)USD 42 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Exit-plan reserve from the Keebler purchase price allocation: $80.1M original, $28.0M utilized in 2001, $10.5M utilized in Q1 2002, $41.6M remaining at 2002-03-30. Cash outlays projected at ~$38M in 2002 with the remainder principally in 2003. Includes disposal of part of Keebler's private-label business and closure of shipping centers as logistics systems are integrated. No employee counts disclosed.
2002-03-30restructuringin_progress20012002-12-31United States; AsiaKellogg (focus and align strategy)USD 10 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Remaining reserve for cash expenditures from prior-year restructuring initiatives (~$10M at 2001-12-31), expected to be spent during 2002. Original Q1 2001 charge was $48.3M (prior-year comparative). No employee counts disclosed.
2002-03-30reduction_in_forcein_progressAustraliaInternational — AustraliaMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
MD&A cites costs of a headcount reduction program in Australia as a factor reducing non-U.S. operating profit in Q1 2002. No headcount, charge, or timing disclosed.
2002-03-30divestiture_reductionannounced2002-04United States (Marietta, Oklahoma)Bake-Line private-label unitsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
During April 2002 the Company sold certain Bake-Line private-label assets, including a Marietta, Oklahoma bakery, to Atlantic Baking Group for ~$65M cash plus a $10M note. Carrying value of net assets sold approximated proceeds. No headcount disclosed.
2002-03-30restructuringin_progress2001-03-262003-12-31GlobalKeebler IntegrationUSD 80 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Liabilities related to exit plans as of acquisition date. Cash outlays projected to be approx $38 million in 2002, with remaining amounts spent principally during 2003.
2002-03-30restructuringin_progress2001-01-012002-12-31United States and AsiaFocus and Align StrategyUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Remaining reserves for cash expenditures related to prior-year restructuring initiatives expected to be spent during 2002.
2002-03-30plant_closureannounced2002-04-01Oklahoma, United StatesBake-Line Private-Labelsubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Sold certain assets of Bake-Line private-label unit, including a bakery in Marietta, Oklahoma, to Atlantic Baking Group, Inc.
2001-12-31acquisition_additioncompleted2000-10-262001-03-26United StatesConvenience Foods / Snacksbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Keebler Foods Company closed March 26, 2001 for $4.56 billion; specific headcount added through acquisition not disclosed
2001-12-31restructuringcompleted30United StatesU.S. and global managementrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Headcount reduction of about 30 in U.S. and global management as part of 2001 restructuring charges totaling $48.3M gross ($33.3M net of credits); charge covers multiple initiatives including product rationalization and logistics system combination
2001-12-31restructuringcompleted90United StatesKeebler administrativebusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Separation of approximately 90 Keebler administrative employees; part of $92.9M total exit liabilities from Keebler acquisition
2001-12-31plant_closurecompleted440United StatesKeebler bakery operationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Closing of Denver, Colorado bakery eliminating approximately 440 positions; part of $92.9M total exit liabilities
2001-12-31voluntary_separationin_progress1402001-06-012002-06-30United StatesKeebler bakery operationsbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Transfer of portions of Grand Rapids, Michigan bakery production to other U.S. plants over 12 months; approximately 140 positions eliminated primarily through voluntary retirement; part of $92.9M exit liabilities
2001-12-31plant_closureannounced2001-10-012002-12-31United StatesKeebler ice cream cone productionbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Plans communicated October 2001 to consolidate and expand Chicago ice cream cone production; one facility closure expected during 2002; employee count not disclosed
2001-12-31restructuringcompleted302001-01-012001-12-31United States and GlobalManagementMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Headcount reduction of about 30 in U.S. and global management related to Keebler integration and focus/align strategy.
2001-12-31plant_closurecompleted4402001-03-262001-12-31United StatesManufacturingMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Closing of a bakery in Denver, Colorado, eliminating approximately 440 employee positions.
2001-12-31restructuringcompleted902001-03-262001-12-31United StatesAdministrativeMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Separation of approximately 90 Keebler administrative employees.
2001-12-31restructuringcompleted1402001-06-012001-12-31United StatesManufacturingMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Transfer of portions of Keebler's Grand Rapids, Michigan, bakery production to other plants, eliminating approximately 140 positions primarily through voluntary retirement.
2001-12-31restructuringin_progress2001-10-012002-12-31United StatesManufacturingMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Plans to consolidate and expand Keebler's ice cream cone production in Chicago, resulting in closure of one facility during 2002. Specific headcount not disclosed.
2001-12-31restructuringcompleted302001United States and GlobalManagementMD&A
f5-10k / Qwen3.6-27B-Q8_0
Headcount reduction of about 30 in U.S. and global management as part of focus and align strategy.
2001-12-31plant_closurecompleted4402001Denver, ColoradoManufacturingMD&A
f5-10k / Qwen3.6-27B-Q8_0
Closing of a bakery in Denver, Colorado, eliminating approximately 440 employee positions.
2001-12-31restructuringcompleted902001United StatesAdministrativeMD&A
f5-10k / Qwen3.6-27B-Q8_0
Separation of approximately 90 Keebler administrative employees.
2001-12-31voluntary_separationcompleted1402001-06Grand Rapids, MichiganManufacturingMD&A
f5-10k / Qwen3.6-27B-Q8_0
Transfer of portions of Keebler's Grand Rapids bakery production to other plants; approximately 140 positions eliminated primarily through voluntary retirement.
2001-09-30acquisition_additioncompleted2001-03-262001-03-26United StatesKeebler Foods Company — cookies, crackers, DSD deliveryUSD 4,560 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Keebler workforce added via acquisition; total transaction value $4.56 billion including $696 million assumed debt. Headcount added not quantified in filing.
2001-09-30restructuringin_progress302001-01-012001-12-31United States and globalU.S. and global Company managementUSD 48 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Nine-month 2001 charges of $48.3 million ($30.3 million after tax) for Keebler integration preparation and 'focus and align' strategy; about 70% asset write-offs, remainder severance and other cash costs. Also included product rationalization and logistics system combination actions.
2001-09-30voluntary_separationin_progress752001-03-262001-12-31United StatesKeebler administrative employeesUSD 60 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Separation of approximately 75 Keebler administrative employees under exit plans; part of $88.9 million exit liabilities reserve, of which $60.3 million adjusted employee severance benefits; $40.7 million severance reserve remaining at September 30, 2001.
2001-09-30plant_closurecompleted4702001-03-262001-09-30Denver, Colorado, United StatesKeebler bakery operationsUSD 10 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Denver bakery closure eliminated approximately 470 employee positions; facility closure costs of $10.4 million in original exit liability estimate, $8.6 million remaining at September 30, 2001.
2001-09-30restructuringin_progress2001-06-012002-06-01Grand Rapids, Michigan, United StatesKeebler bakery productionbusiness_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Portions of Grand Rapids bakery production transferring to other U.S. plants over next 12 months; prior workforce of approximately 675 employees being reduced by an undetermined amount during one-year transition period.
2001-09-30plant_closureannounced2001-10-012002-12-31Chicago, Illinois, United StatesKeebler ice cream cone productionbusiness_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Consolidation and expansion of ice cream cone production operation will result in closure of one Chicago facility during 2002; headcount impact not quantified.
2001-09-30plant_closurein_progress1999-01-012001-12-31Sayreville, New Jersey, United StatesKeebler manufacturing facilityUSD 15 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Company assumed $14.9 million of Keebler reserves for severance and facility closures; restructuring-related portion attributable to 1999 Sayreville closure, expected fully utilized in remainder of 2001; $11.1 million remaining at September 30, 2001, with ~$8 million tied to non-cancelable leases through 2006.
2001-09-30voluntary_separationannounced752001-10-012001-12-31United StatesKellogg administrative functions (Kellogg-Keebler integration)USD 6 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Separation programs communicated to approximately 75 Kellogg employees in October 2001; pre-tax charge of approximately $6 million for severance and early retirement benefits to be recorded in fourth quarter 2001.
2001-09-30restructuringin_progress30United States and globalCompany managementUSD 48 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Headcount reduction of about 30 in U.S. and global management, part of the $48.3M nine-month 2001 restructuring charge; charge also covers product rationalization, logistics combination, and South East Asia capacity reductions.
2001-09-30plant_closurein_progress470Denver, Colorado, United StatesKeebler bakery operationsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Keebler bakery closure eliminating approximately 470 positions; part of $88.9M purchase-price exit liabilities (remaining reserve $66.3M at 2001-09-30).
2001-09-30restructuringin_progress6752001-062002-06Grand Rapids, Michigan, United StatesKeebler bakery operationsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Transfer of portions of bakery production to other U.S. plants over 12 months; workforce of about 675 being reduced by an undetermined amount. Footnote dates announcement to June 2001; MD&A dates it September 2001.
2001-09-30plant_closureannounced2001-102002-12-31Chicago, Illinois, United StatesKeebler ice cream cone productionbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plans communicated in October 2001 to consolidate and expand Chicago ice cream cone operations, closing one facility during 2002; no headcount figure disclosed.
2001-09-30reduction_in_forceannounced752001-102001-12-31United StatesAdministrative functions (Kellogg/Keebler integration)USD 6 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Separation programs communicated in October 2001 to about 75 Kellogg employees from integration of administrative functions; pre-tax severance and early retirement charge expected in Q4 2001.
2001-09-30plant_closurein_progress75United StatesKeebler administrative functionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Separation of approximately 75 Keebler administrative employees under exit plans implemented to date; distinct from the October 2001 Kellogg employee separation program.
2001-09-30acquisition_additioncompleted2001-03-26United StatesKeebler Foods Company (cookies, crackers, DSD delivery)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Keebler acquisition completed 2001-03-26 for approximately $4.56 billion total value; filing does not disclose the number of employees added.
2001-09-30restructuringin_progress302001-01-01United States and GlobalManagementUSD 48 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Headcount reduction of about 30 in U.S. and global Company management as part of 'focus and align' strategy and Keebler integration preparation. Total YTD charge $48.3M includes asset write-offs and severance.
2001-09-30plant_closurecompleted4702001-03-26Denver, ColoradoManufacturingbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closing of a Keebler bakery in Denver, eliminating approximately 470 employee positions. Part of exit liabilities assumed in acquisition.
2001-09-30reduction_in_forcecompleted752001-03-26United StatesAdministrativebusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Separation of approximately 75 Keebler administrative employees. Part of exit liabilities assumed in acquisition.
2001-09-30reduction_in_forcein_progress2001-06-012002-06-01Grand Rapids, MichiganManufacturingbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plans to transfer portions of Keebler's Grand Rapids bakery production to other plants. Previous workforce of approx. 675 employees being reduced by an as-yet-undetermined amount during a one-year transition period.
2001-09-30plant_closureannounced2001-10-012002-12-31Chicago, IllinoisManufacturingbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plans to consolidate and expand Keebler's ice cream cone production operation, resulting in the closure of one facility at this location during 2002.
2001-09-30reduction_in_forceannounced752001-10-012001-12-31United StatesAdministrativeUSD 6 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Communication of separation programs to approximately 75 Kellogg employees affected by integration of administrative functions. Pre-tax charge of approx. $6M for severance and early retirement benefits expected in Q4 2001.
2001-06-30restructuringin_progress35United States and globalU.S. business and global management layerUSD 48 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Six-month 2001 charge of $48.3M ($30.3M after tax) for Keebler integration preparation and 'focus and align' strategy; ~70% asset write-offs, remainder severance and other cash costs; also included product rationalization, logistics-system combination, and South East Asia convenience foods capacity reductions.
2001-06-30reduction_in_forcecompleted70United StatesKeebler administrative employeesrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Separation of approximately 70 Keebler administrative employees under exit plans; part of $88.9M exit liabilities recorded in purchase price allocation.
2001-06-30plant_closurecompleted470Denver, Colorado, United StatesKeebler bakery operationsrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Bakery closure eliminated approximately 470 employee positions.
2001-06-30restructuringannounced6752001-06-012002-06-30Grand Rapids, Michigan, United StatesKeebler bakery productionrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan to transfer portions of Grand Rapids bakery production to other U.S. plants over next 12 months; impact on ~675-employee workforce partly dependent on union and local government discussions.
2001-06-30acquisition_additioncompleted2001-03-26United StatesKeebler Foods Company (cookies, crackers, DSD delivery)USD 4,560 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Kellogg completed acquisition of Keebler Foods Company on March 26, 2001 for total transaction value of $4.56 billion; no employee headcount added was quantified. Company also assumed $14.9M of Keebler severance and facility-closure reserves.
2001-06-30restructuringin_progress35United States and global corporateU.S. business and global layer of Company managementUSD 48 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Count covers the roughly 35-position reduction in the U.S. business and global management layer; the same program also included product rationalization, Kellogg/Keebler logistics consolidation, and South East Asia capacity cuts with no separate headcount disclosed. About 70% of the $48.3M charge was asset write-offs; ~$19M cash outlays expected for the remainder of 2001.
2001-06-30acquisition_additioncompleted2001-03-262001-03-26United StatesCookies and crackers (Keebler Foods Company)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Keebler acquisition closed 2001-03-26 for ~$4.56B total value; no employee count for the acquired workforce disclosed. Company also assumed $14.9M of Keebler severance/facility-closure reserves ($12.5M remaining at 2001-06-30).
2001-06-30restructuringcompleted70United StatesKeebler administrative functionsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Separation of approximately 70 Keebler administrative employees, described as an exit plan already implemented as of 2001-06-30. Part of the $88.9M purchase-price exit liabilities ($72.2M reserve remaining at quarter end); no charge allocated to this component.
2001-06-30plant_closurecompleted470Denver, Colorado, United StatesKeebler bakery operationsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closure of a Denver bakery eliminating approximately 470 positions, listed among exit plans implemented as of 2001-06-30. Covered by the $88.9M exit-liability reserve; component-level charge not disclosed.
2001-06-30plant_closureannounced6752001-062002-06-30Grand Rapids, Michigan, United StatesKeebler bakery productionbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plans communicated during June 2001 to transfer portions of Grand Rapids bakery production to other U.S. plants over the next 12 months; impact on the ~675-employee workforce depends on discussions with union and local government officials. Completion date inferred from the stated 12-month horizon.
2001-06-30restructuringin_progress352001-01-01United StatesManagementUSD 48 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Headcount reduction of about 35 in U.S. business and global layer of Company management. Total YTD charge of $48.3M includes asset write-offs and severance.
2001-06-30plant_closurecompleted4702001-03-26Denver, ColoradoManufacturingUSD 89 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closing of a bakery in Denver, Colorado, eliminating approximately 470 employee positions. Part of $88.9M exit liabilities assumed in Keebler acquisition.
2001-06-30reduction_in_forcecompleted702001-03-26United StatesAdministrativeUSD 89 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Separation of approximately 70 Keebler administrative employees. Part of $88.9M exit liabilities assumed in Keebler acquisition.
2001-06-30restructuringannounced6752001-06-302002-06-30Grand Rapids, MichiganManufacturingbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plans to transfer portions of Keebler's Grand Rapids bakery production to other plants. Impact on current workforce of approximately 675 employees dependent on union discussions.
2001-03-31restructuringin_progress35United States and globalU.S. business and global layer of Company managementUSD 48 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 2001 restructuring charge of $48.3 million ($30.3 million after tax, $.07 per share) related to integration of Kellogg and Keebler business models and 'focus and align' strategy; headcount reduction of about 35; approximately 70% of charges are asset write-offs, remainder employee severance and other cash costs.
2001-03-31restructuringin_progress702001-03-26United StatesKeebler administrative employeesUSD 59 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Separation benefits communicated to approximately 70 Keebler administrative employees as part of $90.6 million exit liabilities assumed in the Keebler acquisition; employee severance benefits component of the reserve was $59.3 million.
2001-03-31plant_closureannounced4702001-03-262001-05-31Denver, Colorado, United StatesKeebler bakery operationsUSD 10 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Announced closing of a Keebler bakery in Denver, Colorado by May 31, 2001, eliminating approximately 470 employee positions; facility closure costs component of exit liabilities was $10.4 million.
2001-03-31acquisition_additioncompleted2001-03-262001-03-26United StatesKeebler Foods CompanyUSD 4,550 (millions)business_combinations_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Kellogg completed acquisition of Keebler Foods Company on March 26, 2001 for total transaction value of $4.55 billion; Keebler headcount not quantified in the filing.
2001-03-31restructuringin_progress1999-01-012001-12-31Sayreville, New Jersey, United StatesKeebler manufacturing facilityUSD 1 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Kellogg assumed $14.9 million of Keebler reserves for severance and facility closures; restructuring-related reserves of $0.7 million attributable to closing of Keebler's Sayreville, New Jersey manufacturing facility in 1999, expected to be utilized during remainder of 2001.
2001-03-31plant_closurein_progress2001-03-262006-12-31United StatesKeebler distribution and manufacturing facilitiesUSD 14 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Acquisition-related reserves of $14.2 million attributable primarily to closing of various Keebler distribution and manufacturing facilities; approximately $6 million expected to be utilized in 2001, remainder primarily non-cancelable lease obligations extending through 2006.
2001-03-31restructuringin_progress35United States and globalU.S. business and global management layerUSD 48 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Part of Kellogg/Keebler integration and 'focus and align' strategy. Includes headcount reduction of about 35 in U.S. business and global management layer, product rationalization, logistics system combination, and convenience foods capacity reductions in South East Asia. Approximately 70% of charges are asset write-offs; remainder is severance and cash costs. Cash outlays: ~$14M YTD, ~$32M expected remainder of 2001, ~$8M after 2001.
2001-03-31restructuringin_progress702001-03-26United StatesKeebler administrativebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Separation benefits communicated to approximately 70 Keebler administrative employees as part of exit plans included in $90.6M purchase price allocation for exit liabilities.
2001-03-31plant_closureannounced4702001-03-262001-05-31Denver, Colorado, United StatesKeebler bakery operationsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Closing of Keebler bakery in Denver, CO announced as part of acquisition exit plans. Eliminates approximately 470 employee positions. Part of $90.6M exit liabilities in purchase price allocation.
2001-03-31acquisition_additioncompleted2001-03-26United StatesKeebler Foods Company (cookies, crackers, DSD delivery)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Keebler Foods Company acquired March 26, 2001 for ~$4.55B total value. No specific headcount added disclosed. Keebler ranks second in U.S. cookie/cracker categories with third largest food DSD delivery system.
2001-03-31restructuringin_progress352001-03-31United StatesManagementUSD 48 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Headcount reduction of about 35 in U.S. business and global layer of Company management. Total charge includes asset write-offs and severance.
2001-03-31plant_closureannounced4702001-03-312001-05-31Denver, ColoradoManufacturingMD&A
f5-10q / Qwen3.6-27B-Q8_0
Announced closing of a Keebler bakery in Denver, eliminating approximately 470 employee positions.
2001-03-31restructuringin_progress702001-03-31United StatesAdministrativeMD&A
f5-10q / Qwen3.6-27B-Q8_0
Communication of separation benefits to approximately 70 Keebler administrative employees as part of exit plans.
2000-12-31restructuringcompleted5002000-10-012000-12-31GlobalGlobal supply chain, innovation organization, international convenience foods, non-core marketsUSD 65 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Focus and align strategy; approximately 500 salaried and hourly positions eliminated, primarily in Q4 2000; about half the charge was asset write-offs
2000-12-31restructuringcompleted1902000-04-012000-12-31EuropeSupply chainUSD 21 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
European supply chain efficiency initiative implemented in Q2 2000; comprised principally of voluntary employee retirement and separation benefits
2000-12-31acquisition_additionannounced2000-10-262001-03-31United StatesCookies, crackers, convenience foods (Keebler Foods Company)subsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Keebler acquisition expected to close March 2001; no employee count for acquired workforce disclosed in this filing
2000-12-31restructuringcompleted5002000-Q42000-12-31GlobalGlobal supply chain and innovation organizationUSD 65 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Part of 'focus and align' strategy; approximately 500 salaried and hourly positions eliminated primarily in Q4 2000.
2000-12-31restructuringcompleted1902000-Q22000-12-31EuropeSupply chainUSD 21 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Supply chain efficiency initiative; hourly and salaried headcount reductions of 190 during 2000.
2000-12-31restructuringcompleted5002000-Q42000-12-31GlobalGlobal supply chain, innovation, international convenience foods, non-core marketsUSD 65 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Focus and align strategy; approximately 500 salaried and hourly positions eliminated primarily in Q4 2000.
2000-12-31restructuringcompleted1902000-Q22000-12-31EuropeSupply chainUSD 21 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Supply chain efficiency initiative; hourly and salaried headcount reductions of 190 during 2000.
2000-09-30restructuringin_progress1902000-04-012000-12-31EuropeSupply chainUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Supply chain efficiency initiative recorded in Q2 2000, principally voluntary employee retirement and separation benefits; expected annual pre-tax savings of approximately $13 million beginning in 2001.
2000-09-30plant_closurecompleted5251999-09-302000-03-31Battle Creek, Michigan, United StatesCereal manufacturing (South Operations)USD 128 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q3 1999 charge for closing South Operations cereal plant; approximately 525 hourly and salaried positions eliminated by end of Q1 2000 via voluntary and involuntary separation programs; operations closed October 1999; expected annual pre-tax savings of $30 million in 2000 plus $10 million in 2001.
2000-09-30restructuringcompleted3251999-01-011999-12-31Europe, Asia-Pacific, Latin AmericaAll four operating segments and corporate operationsUSD 37 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Q1 1999 workforce reduction initiatives, principally employee retirement and separation benefits; eliminated approximately 325 positions; generated ~$15 million pre-tax savings in 1999 with a further $10 million expected in 2000.
2000-09-30restructuringannounced2000-10-01WorldwideCompany-wide, prioritizing United States and other core marketsrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Next phase of growth strategy announced October 2000; restructuring initiatives undertaken to support strategy and prepare for Keebler acquisition; charges expected in Q4 2000 but amount not yet estimable.
2000-09-30voluntary_separationannounced12000-10-122001-01-01Hong Kong / repatriation to location of employee's choiceOfficer of the CompanyUSD 1,090 (thousands)other
f5-10q / GLM-5.3-flash-fp4-HTML
Severance agreement dated October 12, 2000 with officer Jacobus Groot; termination of active employment effective January 1, 2001; $1,000,000 capital sum at termination plus $90,000 in installments through January 1, 2003, plus $475,000 pension capital-sum payment; includes expat benefits, stock option vesting through January 1, 2003, and an 18-month noncompete.
2000-09-30restructuringin_progress1902000-06-302000-12-31EuropeSupply chain / manufacturingUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Supply chain efficiency initiative recorded in Q2 2000; charge comprises $19.5M employee retirement and severance benefits (incl. ~$5M pension curtailment/special termination benefits) and $1.8M other costs. Expected to generate ~$13M annual pre-tax savings beginning 2001.
2000-09-30plant_closurecompleted5251999-10-012000-03-31United StatesBattle Creek, Michigan cereal plant — South Operationsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Operations closed October 1999; approximately 525 hourly and salaried positions eliminated by end of Q1 2000 via voluntary and involuntary separation programs. Related charges ($128.2M in Q3 1999) were recorded in prior periods; expected ongoing annual benefit of $40M.
2000-09-30restructuringannounced2000-10-01WorldwideAll segments — supporting new growth strategy and Keebler integration preparationsubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced October 2000 alongside strategic refocus on core markets; charges expected in Q4 2000 but Company states it is unable to estimate the amount at this time. Announcement date known only to month precision.
2000-09-30acquisition_additionannounced2000-10-262001-03-31United StatesCookie and cracker business (Keebler Foods Company)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Agreement to acquire Keebler Foods for $42 per share plus assumption of ~$550M debt (~$4.4B total), financed with short- and long-term debt; no headcount disclosed. Expected to close Q1 2001; Moody's and S&P placed ratings under review for possible downgrade.
2000-09-30acquisition_additioncompleted2000-01-012000-01-31United StatesConvenience foods — Mondo Baking Company Division (Rome, Georgia)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchased assets and liabilities for ~$93M cash including acquisition costs, financed through commercial paper; assets acquired consist primarily of a manufacturing facility and assembled workforce. Announcement date known only to month precision.
2000-09-30acquisition_additioncompleted2000-06-012000-06-30United StatesNatural cereal — Kashi Company (La Jolla, California)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired outstanding stock for ~$33M cash; no headcount disclosed. Announcement date known only to month precision.
2000-09-30acquisition_additioncompleted2000-07-012000-07-31Asia-PacificConvenience foods — operated under the 'Healthy Snak People' namebusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquired certain assets and liabilities of a convenience foods operation for ~$12M cash; no headcount disclosed. Announcement date known only to month precision.
2000-09-30restructuringin_progress1902000-04-012000-12-31EuropeSupply chainUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Supply chain efficiency initiative; charges recorded in Q2 2000 comprising voluntary employee retirement and separation benefits.
2000-09-30restructuringannounced2000-10-01GlobalVarioussubsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Announced in October 2000 to support growth strategy and Keebler acquisition; specific employee counts and charges not yet estimated.
2000-06-30restructuringin_progress1902000-12-31EuropeSupply chainUSD 21 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Supply chain efficiency initiative; charges comprised principally of voluntary employee retirement and separation benefits; expected to generate approximately $13 million in annual pre-tax savings beginning in 2001.
2000-06-30voluntary_separationcompleted12000-07-132000-07-21United StatesOfficerUSD 2 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Executive resignation effective July 21, 2000; lump sum severance of $2,121,600 consistent with January 1999 Employment Agreement terms; includes paid leave through August 31, 2000, consulting through December 31, 2000, and $150,000 relocation payment.
2000-06-30restructuringin_progress1902000-12-31EuropeSupply ChainUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Supply chain efficiency initiative; charges comprise voluntary employee retirement and separation benefits. Expected annual pre-tax savings of approximately $13 million beginning 2001.
2000-06-30acquisition_additioncompleted2000-01-20United StatesConvenience Foodsbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Mondo Baking Company Division of Southeastern Mills, Inc. acquired for approximately $93 million in cash; includes manufacturing facility and assembled workforce. Headcount not disclosed.
2000-06-30acquisition_additioncompleted2000-06-01United StatesReady-to-eat cerealbusiness_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Kashi Company acquired for approximately $33 million in cash. Headcount not disclosed.
2000-06-30acquisition_additionannounced2000-07-01Asia-PacificConvenience Foodssubsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter acquisition of a convenience foods operation for approximately $12 million in cash. Headcount not disclosed.
2000-06-30restructuringin_progress1902000-06-302000-12-31EuropeSupply chainUSD 21 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Supply chain efficiency initiative; charges comprised principally of voluntary employee retirement and separation benefits.
2000-03-31restructuringannouncedEuropeEuropean supply chainUSD 25 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Company expects to implement streamlining initiatives in its European supply chain as part of an ongoing efficiency program; pretax charges of approximately $25 million ($.04 per share) expected in Q2 2000, consisting principally of employee retirement and separation benefits. Expected to generate approximately $12 million in annual pre-tax savings by 2001.
2000-03-31acquisition_additioncompleted2000-01-20Rome, Georgia, United StatesConvenience foodsUSD 93 (millions)business_combinations_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Purchase price for Mondo Baking Company Division assets, including acquisition costs; headcount added not disclosed
2000-03-31restructuringannounced2000-05-12EuropeSupply chainUSD 25 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
European supply chain streamlining; charge expected in Q2 2000, about $12 million annual pre-tax savings by 2001; announcement date is filing date; employee count not disclosed
2000-03-31restructuringin_progressGlobalAll segments and corporaterestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Ongoing streamlining initiatives; $24.2 million of reserve utilized in Q1 2000, about $24 million cash outlays in quarter, $28 million expected remainder of 2000 and $8 million in 2001; no employee counts disclosed for current period
2000-03-31restructuringin_progress325Europe, Asia-Pacific, and Latin AmericaAll operating segments and corporate operationsUSD 37 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiatives eliminated approximately 325 employee positions. Charges comprised principally of employee retirement and separation benefit costs.
2000-03-31restructuringannounced2000-03-312001-12-31EuropeSupply chainUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Company expects to record pretax restructuring charges of approximately $25 million in the second quarter of 2000, consisting principally of employee retirement and separation benefits.
1999-12-31plant_closurein_progress5252000-03-31United States — Battle Creek, MichiganCereal manufacturing (South Operations)USD 193 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
South Operations portion of Battle Creek cereal plant closed October 1999; approximately 525 hourly and salaried positions to be eliminated by end of Q1 2000 via voluntary and involuntary separation programs. Expected annual pretax savings of $35–45 million.
1999-12-31restructuringin_progress3251999-12-31Europe, Asia-Pacific, Latin AmericaMultiple segments and corporate operationsUSD 33 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Workforce reduction initiatives eliminated approximately 325 positions during 1999; expected to generate approximately $25 million in pretax savings in 2000.
1999-12-31acquisition_additioncompleted1999-11-291999-11-29United StatesConvenience foods / meat alternativesbusiness_combinations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Worthington Foods, Inc. for approximately $300 million in cash; headcount added not disclosed. Purchase price allocation includes approximately $12 million of exit liabilities for employee separation and relocation benefits.
1999-12-31divestiture_reductioncompleted1999-11-011999-11-30United StatesLender's Bagels businessUSD 179 (millions)discontinued_operations_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Sold Lender's Bagels business to Aurora Foods Inc. for $275 million in cash; pretax charge of $178.9 million recorded. Headcount removed not disclosed.
1999-12-31acquisition_additionannounced2000-01-202000-01-20United States — Rome, GeorgiaConvenience foods manufacturingsubsequent_events
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent event: purchased Mondo Baking Company Division of Southeastern Mills, Inc. for approximately $92 million in cash; assets include manufacturing facility and assembled workforce. Headcount not disclosed.
1999-12-31restructuringannounced2000-06-30EuropeSupply chainUSD 25 (millions)MD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Subsequent-event announcement: European supply chain streamlining initiative expected to record approximately $25 million pretax restructuring charge in Q2 2000. Headcount affected not disclosed.
1999-12-31plant_closurecompleted5251999-10-012000-03-31United StatesNorth AmericaUSD 193 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Closing of South Operations portion of Battle Creek, Michigan cereal plant. Approximately 525 hourly and salaried positions to be eliminated by end of Q1 2000 through voluntary and involuntary separation programs.
1999-12-31restructuringcompleted3251999-01-011999-12-31Europe, Asia-Pacific, Latin AmericaGlobalUSD 33 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Workforce reduction initiatives eliminated approximately 325 employee positions in Europe, Asia-Pacific, and Latin America during 1999.
1999-12-31acquisition_additioncompleted1999-11-291999-11-29United StatesNorth AmericaUSD 300 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of Worthington Foods, Inc. for approximately $300 million. Headcount not explicitly disclosed.
1999-12-31divestiture_reductioncompleted1999-11-011999-11-01United StatesNorth AmericaUSD 275 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of Lender's Bagels business to Aurora Foods Inc. for $275 million. Headcount not explicitly disclosed.
1999-12-31plant_closurecompleted5251999-10-012000-03-31United StatesNorth AmericaUSD 193 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Closing of South Operations portion of Battle Creek, Michigan cereal plant. Approximately 525 hourly and salaried positions to be eliminated by end of Q1 2000.
1999-12-31restructuringcompleted3251999-01-011999-12-31Europe, Asia-Pacific, Latin AmericaGlobalUSD 33 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Workforce reduction initiatives around the world. Eliminated approximately 325 employee positions.
1999-12-31acquisition_additioncompleted1999-11-291999-11-29United StatesNorth Americabusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Worthington Foods, Inc. for approximately $300 million. Headcount not explicitly disclosed.
1999-09-30plant_closurein_progress1,1001999-07-012000-03-31Battle Creek, Michigan, United StatesNorth America - cereal manufacturingUSD 128 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
South Operations portion of Battle Creek cereal plant closed October 1999; approximately half of the 1,100 hourly and salaried positions to be eliminated by end of Q1 2000 via voluntary and involuntary separation programs; charge includes ~$110M asset write-offs and ~$18M equipment removal and building demolition; expected annual pre-tax savings of $35-45 million; additional $70-90 million in employee separation and plant closing charges expected in Q4 1999.
1999-09-30restructuringin_progress3501999-01-011999-12-31Europe, Asia-Pacific, Latin AmericaAll four operating segments and corporate operationsUSD 37 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
First-quarter 1999 workforce reduction initiatives, principally employee retirement and separation benefit costs; includes ~$6 million of program-related non-exit costs such as employee and office relocation; expected to generate ~$25 million in pre-tax savings by 2000.
1999-09-30acquisition_additionannounced1999-09-011999-12-31United StatesWorthington Foods, Inc.USD 307 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Agreement to acquire outstanding common stock of Worthington Foods at $24 per share (~$307 million); no headcount figures disclosed; expected to close by year-end 1999.
1999-09-30divestiture_reductioncompleted1999-09-011999-11-01United StatesLender's Bagels businessUSD 179 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sale of Lender's Bagels assets and liabilities to Aurora Foods for $275 million cash; completed November 1, 1999; pre-tax charge of $178.9 million includes ~$57 million for future disposal of assets not purchased by Aurora; no headcount figures disclosed.
1999-09-30divestiture_reductioncompleted1999-07-011999-07-31United KingdomCorn milling operationUSD 10 (millions)other
f5-10q / GLM-5.3-flash-fp4-HTML
Sold 51% interest in UK corn milling operation to Cargill Inc.; pre-tax gain of $10.4 million recorded in Q3 1999; no headcount figures disclosed.
1999-09-30plant_closurein_progress1,1001999-07-012000-03-31United States — Battle Creek, MichiganNorth America — cereal manufacturing (South Operations)USD 128 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately half of the 1,100 hourly and salaried positions to be eliminated by end of Q1 2000; plant closed October 1999. Expected annual pre-tax savings of $35–45 million. Additional $70–90 million charge for separations and plant closing costs expected in Q4 1999.
1999-09-30restructuringin_progress3501999-01-011999-12-31Europe, Asia-Pacific, Latin AmericaAll four operating segments and corporate operationsUSD 37 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Workforce reduction initiatives recognized in Q1 1999; approximately 350 positions to be eliminated or restructured by year-end, generating approximately $25 million in pre-tax savings by 2000. Includes ~$6 million of non-exit program costs.
1999-09-30restructuringin_progress1999-07-01VariousManufacturing — previously closed or impaired facilitiesUSD 21 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q3 1999 charge primarily for manufacturing equipment write-offs related to previously closed or impaired facilities; no employee count disclosed.
1999-09-30otherannounced1999-10-012000-12-31EuropeEuropean supply chainMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Company expects to record restructuring charges in 2000 for European supply chain streamlining as part of an ongoing efficiency program; no headcount or charge amount disclosed.
1999-09-30plant_closurein_progress5501999-09-302000-03-31Battle Creek, MichiganNorth AmericaUSD 128 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Closure of South Operations cereal plant. Approximately one-half of 1,100 hourly and salaried positions to be eliminated by end of Q1 2000 via voluntary and involuntary separation.
1999-09-30restructuringin_progress3501999-03-311999-12-31Europe, Asia-Pacific, Latin AmericaCorporate and Operating SegmentsUSD 37 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Workforce reduction initiatives recognized in Q1 1999. Expected to eliminate or restructure approximately 350 employee positions by year-end.
1999-06-30restructuringin_progress3501999-01-011999-12-31Europe, Latin America, Asia-PacificOverhead activity analysis and workforce reduction initiativesUSD 37 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Year-to-date charge includes ~$6M of non-exit costs such as employee and office relocation; includes North America overhead analysis extended to Europe and Latin America in Q1 1999. New initiatives expected to eliminate or restructure ~350 positions by year-end and generate ~$25M pre-tax savings by 2000. Charge broken out by segment: North America $4.7M, Europe $15.7M, Asia-Pacific $6.0M, Corporate and other $8.7M. Cash outlays for all streamlining initiatives were ~$50M in the YTD period.
1999-06-30plant_closureannounced5501999-08-012000-03-31Battle Creek, Michigan, United StatesNorth America cereal manufacturing — South Operations of Battle Creek cereal plantUSD 125 (millions)subsequent_events
f5-10q / GLM-5.3-flash-fp4-HTML
Approximately one-half of the current 1,100 hourly and salaried positions at the plant will be eliminated by Q1 2000; some production capacity relocated to other North American cereal plants. Expected annual pre-tax savings of $35-45M by 2001. Pre-tax charge of ~$100-150M ($60-90M after-tax, $.15-.23 per share) for asset write-offs and removals to be recognized in Q3 1999; employee separation costs to be determined and recognized in Q4 1999. Employees affected count derived from disclosed 'approximately one-half of 1,100 positions'.
1999-06-30restructuringin_progress35019991999-12-31Europe, Latin America, and Asia-PacificCorporate overhead / administrative functionsUSD 37 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Overhead activity analysis commenced in North America during 1998 and was extended to Europe and Latin America in Q1 1999. Approximately 350 positions relate to the Europe, Latin America and Asia-Pacific initiatives; the $36.8M YTD pre-tax charge ($25.6M after tax, $.07/share) is the consolidated program charge including about $6M of non-exit costs and is not allocated to the 350 positions. Expected to generate about $25M pre-tax savings by 2000.
1999-06-30plant_closureannounced1999-082000-03-31United States (Battle Creek, Michigan)North America cereal manufacturing — South Operations portion of cereal plantrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Announced during August 1999 (post-quarter). Approximately one-half of the current 1,100 hourly and salaried positions will be eliminated by Q1 2000; filer does not state an exact count. Pre-tax charge of approximately $100 to $150 million ($60 to $90 million after tax, or $.15 to $.23 per share) to be recognized in Q3 1999 for asset write-offs and removals; employee separation costs to be determined and recognized in Q4 1999. Expected annual pre-tax savings of $35 to $45 million by 2001.
1999-06-30restructuringannounced1999-06-30EuropeEuropean supply chainMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Filer states streamlining initiatives will continue through 1999 and 2000 and that restructuring charges are expected to be recorded in 2000 for European supply chain efficiency actions; no headcount or charge amount disclosed.
1999-06-30restructuringin_progress3501999-03-311999-12-31Europe, Latin America, Asia-PacificOverhead / CorporateUSD 37 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Overhead activity analysis and workforce reduction initiatives. Includes $6M non-exit costs. Expected to generate $25M pre-tax savings by 2000.
1999-06-30plant_closureannounced5501999-08-012000-03-31Battle Creek, Michigan, USAManufacturingUSD 125 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Closure of South Operations portion of Battle Creek cereal plant. Approximately one-half of 1,100 positions eliminated. Pre-tax charge estimated at $100-$150M for asset write-offs/removals.
1999-03-31restructuringin_progress3501999-01-011999-12-31Europe, Latin America, Asia-PacificOverhead activity analysis and workforce reduction initiativesUSD 37 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Overhead activity analysis begun in North America in 1998 was extended to Europe and Latin America in Q1 1999; new initiatives expected to eliminate or restructure approximately 350 positions by year-end and generate about $25 million in pre-tax savings by 2000. Total Q1 1999 non-recurring charge of $36.8 million ($25.6 million after tax, $0.07 per share) covers all streamlining initiatives worldwide; charge components include $26.8M employee retirement and severance benefits, $2.2M asset write-offs, $1.8M asset removal, and $6.0M other costs. Remaining reserve at March 31, 1999 was $48.7 million. Cash outlays for all streamlining initiatives during the quarter were approximately $30 million, with $40-$50 million expected during the remainder of 1999. Combined initiatives expected to yield more than $50 million in incremental savings for full-year 1999.
1999-03-31restructuringin_progress3501999-12-31Europe, Latin America, Asia-PacificCorporate overhead / administrative functionsUSD 37 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Overhead activity analysis begun in North America in 1998 was extended to Europe and Latin America in Q1 1999; new initiatives in Europe, Latin America and Asia-Pacific expected to eliminate or restructure about 350 positions by year-end and generate roughly $25 million pre-tax savings by 2000. Charge of $36.8M pre-tax ($25.6M after tax, $0.07/share); reserve balance $48.7M at 1999-03-31. Cash outlays about $30M in the quarter, with $40-50M expected for the remainder of 1999. Exact announcement date not disclosed.
1999-03-31restructuringin_progress3501999-03-311999-12-31Europe, Latin America, and Asia-PacificOverhead activity analysis and workforce reductionUSD 37 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiatives expected to eliminate or restructure approximately 350 employee positions by year-end. Charges include retirement/separation benefits, relocation, and other costs.
1998-12-31restructuringin_progress5501998-12-311999-12-31United StatesCorporate headquarters and North American operationsUSD 71 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Overhead activity analysis eliminated approximately 550 employees and 240 contractors via involuntary early retirement and severance programs. Cash outlays for 1998 charges were $8M in 1998 with remainder in 1999. Expected annual pre-tax savings of $105M beginning 1999.
1998-12-31restructuringannounced1998-12-311999-12-31Europe and Latin AmericaCorporate overheadrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Overhead activity analysis to be extended to Europe and Latin America during H1 1999; expected to eliminate several hundred positions. Costs not yet quantified. Expected more than $50M in incremental savings in 1999.
1998-12-31restructuringin_progress7901998-12-311999-12-31United States and CanadaHeadquarters and North American operationsUSD 71 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Overhead activity analysis resulting in elimination of approximately 550 employees and 240 contractors through involuntary early retirement and severance programs. Charges consist mainly of employee retirement and separation benefits, outplacement services, and consulting costs. Expected to result in annual pre-tax savings of $105 million beginning in 1999.
1998-12-31restructuringannounced1999-06-301999-12-31Europe and Latin AmericaHeadquarters and regional operationsMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Overhead activity analysis extended to Europe and Latin America during first half of 1999. Expected to result in elimination of several hundred employee positions. Costs not yet known as specific employees and locations not identified.
1998-12-31restructuringin_progress5501998-12-311999-12-31Headquarters and North AmericaOverheadUSD 71 (millions)restructuring_footnote
f5-10k / Qwen3.6-27B-Q8_0
Overhead activity analysis resulting in elimination of approximately 550 employees and 240 contractors through involuntary early retirement and severance programs. Cash outlays for 1998 charges were $8 million, with remainder to be spent during 1999.
1998-12-31restructuringannounced1999-01-011999-06-30Europe and Latin AmericaOverheadMD&A
f5-10k / Qwen3.6-27B-Q8_0
Overhead activity analysis extended to Europe and Latin America during first half of 1999. Expected to result in elimination of several hundred employee positions. Costs not yet known.
1998-09-30restructuringannounced1998-09-04United StatesCorporate headquarters and North American operations; salaried workforceMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Overhead activity analysis announced September 4, 1998 to align overhead work activities with growth strategy. Covers all work performed by more than 2,000 salaried employees in headquarters and North American operations, plus consulting and external services. Management expects elimination of some salaried positions, with separation benefit costs to be recognized in Q4 1998; affected employees, functions, and locations not yet identified, so costs not yet known.
1998-09-30restructuringannounced1998-09-04United States (headquarters and North American operations)Salaried overhead functions; headquarters and North American operationsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Overhead activity analysis covers more than 2,000 salaried employees plus consulting and external services; number of positions to be eliminated, their functions and locations not yet identified, so affected count and separation-benefit charge are unknown. Separation benefit costs expected to be recognized in Q4 1998.
1998-09-30restructuringannounced1998-09-041998-12-31Headquarters and North American operationsSalaried employeesMD&A
f5-10q / Qwen3.6-27B-Q8_0
Major overhead activity analysis evaluating work of more than 2,000 salaried employees; expected to result in elimination of some positions with separation costs recognized in Q4 1998. Specific number of employees affected and costs not yet known.
1997-12-31restructuringin_progress6001997-01-011998-12-31Europe, United States, AustraliaManufacturing / OperationsUSD 161 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
1997 streamlining programs targeting pan-European operations optimization plus ongoing productivity programs in US and Australia. Approximately 50% of charge is manufacturing asset write-downs. Expected annual pre-tax savings of ~$60M when fully implemented. Cash outlays ~$85M in 1997, ~$50M expected in 1998. Multi-year program since 1995 targets cumulative elimination of ~3,000 positions by end of 1998, with ~90% already achieved as of FY1997.
1997-12-31plant_closurecompleted1997-01-011997-12-31Latvia (Riga), Denmark (Svendborg), Italy (Verola)Manufacturingrestructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Late-1997 closure of three manufacturing plants as a major component of the pan-European streamlining initiative. Headcount not separately disclosed; included within the ~600 total for the 1997 restructuring program.
1997-12-31restructuringcompleted6001997EuropeManufacturingUSD 161 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Pan-European streamlining initiatives including plant closures in Riga, Latvia; Svendborg, Denmark; and Verola, Italy. Approximately 50% of charges were manufacturing asset write-downs.
1997-12-31restructuringin_progress6001997Pan-European, United States, AustraliaUSD 161 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Streamlining initiatives commenced in 1997, principally pan-European operations, US, and Australia. Includes plant closures in Riga, Latvia; Svendborg, Denmark; and Verola, Italy. Expected to deliver annual pre-tax savings of approx $60 million.
1997-09-30plant_closureannounced4001997-10-17Europe (Latvia, Denmark, Italy)Cereal manufacturingUSD 150 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Closures of facilities in Riga, Latvia; Svendborg, Denmark; and Verola, Italy announced October 17, 1997. Expected pre-tax non-recurring charges of up to $150 million in Q4 1997; approximately 40% cash (employee separation benefits, equipment removal, other outlays), balance asset write-downs. Production to move to UK, Germany, and Spain facilities; expected $60-$70 million annual pre-tax savings when fully implemented.
1997-09-30restructuringin_progress3,0001998-12-31Global (U.S., Europe, other international)Company-wide productivity and operational streamliningUSD 22 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Programs commenced 1995 through present; approximately 3,000 positions to be eliminated by end of 1998, with about 80% of headcount reduction already achieved. YTD 1997 non-recurring charges of $21.9 million pre-tax ($14.6 million after tax); Q3 1997 charges of $9.7 million. Expected average annual pre-tax savings in excess of $200 million by 2000, with approximately 75% currently realized.
1997-09-30restructuringin_progress3,0001998-12-31United States, Europe, and other international locationsCompany-wide productivity and operational streamlining initiativesUSD 22 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Multi-year program begun 1995; approximately 80% of the 3,000-position reduction already achieved. Charge shown is the nine-months-ended 1997 non-recurring charge ($9.7M in Q3 1997); expected average annual pre-tax savings exceed $200 million by 2000.
1997-09-30plant_closureannounced4001997-10-17Latvia (Riga), Denmark (Svendborg), Italy (Verola)Cereal manufacturing; production moving to UK, Germany, and SpainUSD 150 (millions)subsequent_events
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Post-quarter announcement of three European cereal plant closures affecting about 400 employees; up to $150 million pre-tax non-recurring charge expected in Q4 1997, roughly 40% cash (severance, equipment removal) with the balance asset write-downs. Expected annual pre-tax savings of $60-70 million when fully implemented.
1997-09-30restructuringin_progress1998-12-31GlobalVariousUSD 22 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Ongoing productivity initiatives since 1995. YTD 1997 charges of $21.9M. Expected to eliminate approx. 3,000 positions by end of 1998, with approx. 80% of headcount reduction already achieved.
1997-09-30plant_closureannounced4001997-10-17Europe (Latvia, Denmark, Italy)ManufacturingUSD 150 (millions)subsequent_events
f5-10q / Qwen3.6-27B-Q8_0
Closure of facilities in Riga, Svendborg, and Verola. Expected pre-tax charges up to $150M in Q4 1997. Approx. 40% of charges for employee separation benefits.
1997-06-30restructuringin_progress6001997-12-31U.S., Europe, and other international locationsUSD 12 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Ongoing productivity and operational streamlining initiatives; approximately 2,000 positions already eliminated by end of 1996, with a further 600 expected by year-end 1997. Q2 1997 non-recurring charge of $12.2 million pre-tax ($8.0 million after tax); YTD 1997 charge also $12.2 million. Charges cover severance, training, relocation, consulting, and production redeployment. Expected average annual pre-tax savings of approximately $160 million versus 1995 base year.
1997-06-30restructuringin_progress6001997-12-31United States, Europe, and other international locationsOperations — productivity and operational streamlining initiativesUSD 12 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Ongoing program begun in 1995; approximately 2,000 positions already eliminated by end of 1996, with a further 600 expected by year-end 1997. Charge shown is the six-months 1997 non-recurring charge ($8.0 million after tax); comprised of severance, training/relocation, consulting, and production redeployment. Program spans multiple geographies but is disclosed only as a consolidated total.
1997-06-30restructuringin_progress6001997-12-31U.S., Europe, and other international locationsUSD 12 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Part of ongoing productivity initiatives; 2,000 positions eliminated by end of 1996, with further reduction of 600 expected by year-end 1997. Charges include severance, training, relocation, consulting, and production redeployment.
1997-03-31restructuringin_progress6001997-12-31GlobalUSD 50 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Further reduction of 600 positions expected by year-end 1997, following approximately 2,000 positions eliminated by end of 1996; approximately $50 million of additional cash outlays expected in 1997 from initiatives under way as of year-end 1996, funded by reserves established as of year-end 1996.
1997-03-31restructuringcompleted2,0001996-12-31GlobalMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Consolidation of functions and rationalization of capacity eliminated approximately 2,000 employee positions by end of 1996 under productivity and operational streamlining initiatives begun in 1995 and 1996.
1997-03-31restructuringin_progress6001997-12-31GlobalMultiple functionsMD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Ongoing productivity and operational streamlining program; approximately 2,000 positions already eliminated by end of 1996, with a further 600 expected by year-end 1997. Approximately $50 million additional cash outlays expected in 1997.
1997-03-31acquisition_additioncompleted1996-12-161996-12-16United StatesOther convenience foods (Lender's Bagels)USD 466 (millions)MD&A
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Acquisition of Lender's Bagels assets from Kraft Foods for $466 million cash including acquisition costs; headcount added not disclosed.
1997-03-31restructuringin_progress6001997-12-31GlobalUSD 50 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Expected further reduction of 600 positions by year-end 1997 from ongoing productivity and operational streamlining initiatives. Company expects approximately $50 million of additional cash outlays in 1997.
1996-12-31restructuringcompleted2,0001995-01-011996-12-31United States, Australia, EuropeOperationsUSD 348 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Cumulative through fiscal year-end 1996; positions eliminated via early retirement, voluntary/involuntary severance, and attrition. Additional $22M redeployment costs expensed in 1996; $23M reserve reversed.
1996-12-31restructuringin_progress6001996-01-011997-12-31Europe, United States, other internationalOperationsUSD 121 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Net pre-tax charge for 1996 streamlining initiatives ($122.1M gross less $23M reserve reversal plus $22M redeployment costs). Pan-European consolidation plus US and international streamlining.
1996-12-31acquisition_additioncompleted1,1001996-12-161996-12-16United StatesLender's Bagels and other acquired businessesother
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Approximately 1,100 positions added from Lender's Bagels acquisition ($466M cash, Dec 16, 1996) and other businesses acquired during the year.
1996-12-31restructuringin_progress60019961997-12-31Global (Pan-European, U.S., International)OperationsUSD 122 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Initiated in 1996 to consolidate European operations and streamline U.S./international locations. Net pre-tax charge for 1996 was $121.1 million after reversals.
1996-12-31acquisition_additioncompleted1,1001996-12-161996-12-16United StatesConvenience FoodsMD&A
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of Lender's Bagels business from Kraft Foods, Inc.
1996-09-30restructuringin_progress2,0001995-01-011996-12-31United States, Australia, and EuropeOperational streamlining initiativesUSD 348 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
1995 pre-tax charge of $348.0 million; positions eliminated via early retirement incentives, severance programs, and attrition. Additional ~$25 million in 1996 workforce and production redeployment costs expensed as incurred.
1996-09-30restructuringin_progress6001996-01-011997-12-31Europe, United States, and other international locationsEuropean operations consolidation and further streamliningrestructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Plan initiated in early 1996 to consolidate and reorganize European operations; combined 1996 initiatives with 1995 redeployment costs expected to generate total pre-tax non-recurring charges of approximately $120 million in 1996.
1996-09-30restructuringin_progress2,00019951996-12-31United States, Australia, EuropeOperationsUSD 348 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charge recorded during 1995; separations via voluntary early retirement, voluntary/involuntary severance, and attrition. A further ~$25 million of workforce and production redeployment costs from this program is being expensed as incurred during 1996.
1996-09-30restructuringin_progress60019961997-12-31Europe, United States and other international locationsOperationsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan initiated in early 1996 to consolidate and reorganize European operations plus further U.S./international streamlining. Charge not separately disclosed; management expects total 1996 pre-tax non-recurring charges of ~$120 million including 1995 redeployment costs, with cash outlays of ~$130 million in 1996 and ~$40 million in 1997.
1996-09-30restructuringin_progress2,00019951996-12-31U.S., Australia, and EuropeUSD 348 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated in 1995; includes voluntary early retirement, severance, and attrition.
1996-09-30restructuringin_progress6001996-01-011997-12-31Europe, U.S., and other international locationsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Initiated early 1996 to consolidate European operations and streamline U.S./international locations.
1996-06-30restructuringin_progress2,0001995-01-011996-12-31United States, Australia, and EuropeOperational streamlining initiativesUSD 348 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
1995 pre-tax charge of $348.0 million; positions eliminated via voluntary early retirement and severance programs. Additional ~$30 million of redeployment costs expected in 1996; 1996 cash outlays of ~$120-130 million; ~$120 million annual pre-tax savings expected by 1997.
1996-06-30restructuringin_progress5001996-01-011997-12-31Europe and other international locationsEuropean operations consolidation and international streamliningUSD 100 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Early 1996 plan to consolidate/reorganize European operations; 475-500 positions to be eliminated by end of 1997; total 1996 pre-tax non-recurring charges of ~$100 million (including 1995-program redeployment costs); ~$60 million cash outlays principally in 1996; ~$20 million annual pre-tax savings by 1998.
1996-06-30restructuringin_progress2,00019951996-12-31United States, Australia, EuropeOperationsUSD 30 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Approximately 2,000 positions to be eliminated by end of 1996 via voluntary early retirement and voluntary/involuntary severance; $30M additional pre-tax costs expected in 1996 for workforce and production redeployment, on top of the $348.0M pre-tax charge recorded in 1995. Total 1996 pre-tax cash outlays for the program estimated at $120-130M ($94M accrued at year-end 1995 plus the $30M). Expected annual pre-tax savings of ~$120M by 1997, about 60% realized in 1996.
1996-06-30restructuringin_progress47519961997-12-31Europe and other international locationsOperationsUSD 100 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Consolidation and reorganization of European operations plus further international streamlining; 475-500 positions to be eliminated by end of 1997. Disclosed charge of ~$100M represents combined 1996 initiatives plus redeployment expenditures from 1995 initiatives, not the 1996 program alone; ~$60M of cash outlays expected, principally in 1996. Estimated ~$20M annual pre-tax savings by 1998. Programs described as in early stages of development.
1996-06-30restructuringin_progress2,00019951996-12-31U.S., Australia, and EuropeUSD 348 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
1995 initiatives; approx 2,000 positions to be eliminated by end of 1996 via voluntary early retirement and severance programs.
1996-06-30restructuringin_progress4881996-01-011997-12-31Europe and other international locationsUSD 60 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
1996 initiatives; expects to eliminate 475-500 employee positions by end of 1997. Value represents midpoint of range.
1996-03-31restructuringin_progress2,0001995-01-011996-12-31United States, Australia, and EuropeOperational streamlining initiativesUSD 348 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
1995 pre-tax charge of $348.0 million; approximately 2,000 positions to be eliminated by end of 1996 via voluntary early retirement incentives and voluntary/involuntary severance programs. Expected to yield ~$120 million annual pre-tax savings by 1997, ~60% achieved in 1996.
1996-03-31restructuringin_progress1996-01-01Europe and other foreign locationsEuropean operations consolidation and reorganizationUSD 10 (millions)restructuring_footnote
f5-10q / GLM-5.3-flash-fp4-HTML
Early 1996 plan to consolidate and reorganize European operations plus further streamlining in other foreign locations. Q1 1996 non-recurring charge of $9.5 million pre-tax ($6.1 million after tax, $0.03 per share) for training/relocation, consulting, and production redeployment. Total 1996 pre-tax non-recurring charges estimated at $75-$100 million including $30 million of redeployment costs from 1995 initiatives.
1996-03-31restructuringin_progress2,00019951996-12-31United States, Australia, EuropeOperationsUSD 348 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Pre-tax charge recorded in 1995; an additional $30 million of 1996 redeployment costs expected. Positions eliminated via voluntary early retirement and voluntary/involuntary severance. Program cash outlays of $120-130 million expected during 1996, with about $27 million paid in Q1 1996. Filer does not break the ~2,000 count out by geography.
1996-03-31restructuringannounced1996EuropeOperationsrestructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Plan to consolidate and reorganize certain European operations, with intended further streamlining in other foreign locations; early stage of development. Combined 1996 initiatives plus 1995 redeployment costs estimated to generate total 1996 pre-tax non-recurring charges of $75-100 million (forward-looking estimate, not a booked charge).
1996-03-31restructuringin_progress2,00019951996-12-31U.S., Australia, and EuropeUSD 348 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
1995 initiatives; approx 2,000 positions to be eliminated by end of 1996 via voluntary early retirement and severance programs.
1996-03-31restructuringannounced1996-01Europe and other foreign locationsrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Plan commenced in early 1996 to consolidate and reorganize European operations and streamline other foreign locations.
1995-12-31restructuringin_progress2,00013%1996-12-31United States, Australia, Great Britain, EuropeManufacturing operationsUSD 348 (millions)restructuring_footnote
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Streamlining program eliminating approximately 2,000 positions (about 13% of Dec 1994 global workforce) by end of 1996 via early retirement and severance programs. Charges comprise $183.6M employee benefits, $106.5M asset write-offs, $39.5M asset removal, $18.4M other. Q2 component: 475 positions, $52.8M. Q4 component: $295.2M streamlining. Additional $73.8M asset impairment also recorded in 1995. Expected annual pre-tax savings of ~$120M by 1997.
1995-12-31plant_closurecompletedUnited StatesManufacturing — San Leandro, CaliforniaMD&A
f5-10k / MiMo-V2.6-Flash-fp8-HTML
Plant closing in San Leandro, California, included within Q4 1995 streamlining charges of $295.2M. Asset write-off and removal costs; no separate employee count or charge disclosed.
1995-12-31restructuringin_progress2,0001995-01-011996-12-31WorldwideManufacturing, Marketing, Logistics, Customer ServiceUSD 422 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Approximately 2,000 employee positions to be eliminated by end of 1996 through voluntary early retirement incentives, voluntary and involuntary severance programs. Charges include $348.0 million for streamlining and $73.8 million for asset impairment.
1995-12-31restructuringin_progress2,00013%1995-01-011996-12-31WorldwideManufacturing and OperationsUSD 422 (millions)MD&A
f5-10k / Qwen3.6-27B-Q8_0
Approximately 2,000 employee positions to be eliminated by end of 1996 through voluntary early retirement, voluntary and involuntary severance programs. Represents nearly 13% of global workforce at Dec 1994. Total pre-tax charges of $421.8 million recorded in 1995.
1995-09-30voluntary_separationcompleted4751995-06-30United States, Australia, Great BritainManufacturing efficiency initiativesUSD 53 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Second-quarter 1995 pre-tax charge of $52.8 million ($33.0 million after tax, $0.15 per share) for voluntary severance and early retirement programs that eliminated 475 positions.
1995-09-30restructuringannounced1995-09-30United States, Europe, AustraliaProductivity and operational streamliningUSD 313 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Expected Q4 1995 pre-tax charge of $300-$325 million (midpoint shown); about 60% for employee retirement and severance benefits, remainder for asset write-offs and removal costs. Combined with Q2 initiative, expected to eliminate approximately 2,000 positions, nearly 13% of the December 1994 global workforce; cash outlays of ~$60 million in 1995 and ~$100 million in 1996; ~$120 million annual pre-tax savings expected by 1997.
1995-09-30plant_closureannounced1995-09-30San Leandro, California, United StatesCereal manufacturingMD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Plant closing in San Leandro, California, plus reduced cereal production capacity at Battle Creek, Michigan and Memphis, Tennessee plants; asset write-off and removal costs are part of the expected Q4 charge.
1995-09-30otherannounced1995-09-30North America and Asia-PacificUSD 75 (millions)MD&A
f5-10q / GLM-5.3-flash-fp4-HTML
Expected Q4 1995 non-recurring charge of approximately $75 million, principally write-down of certain operating assets in North America and Asia-Pacific, reflecting reassessment of asset cost recovery given changed local market conditions and product sourcing. Brings total expected Q4 charge to $375-$400 million pre-tax ($240-$260 million after tax, $1.10-$1.20 per share).
1995-09-30voluntary_separationcompleted4751995United States, Australia, Great BritainManufacturing / operationsUSD 53 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Second quarter 1995 charge for manufacturing efficiency initiatives; primarily voluntary severance and early retirement programs eliminating 475 positions. Reported in the nine-month charge of $52.8 million pre-tax ($33.0 million after tax, $.15 per share).
1995-09-30restructuringannounced1995United States, Europe, AustraliaManufacturing / operations; includes plant closure in San Leandro, California and reduced cereal capacity at Battle Creek, Michigan and Memphis, TennesseeUSD 375 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Expected fourth quarter 1995 charge of $375 to $400 million ($240 to $260 million after tax, $1.10 to $1.20 per share): $300 to $325 million for streamlining (about 60% employee retirement and severance benefits) plus about $75 million of asset write-downs. Combined second and fourth quarter initiatives expected to eliminate approximately 2,000 positions, nearly 13% of the global workforce at December 1994; filer does not break out the fourth-quarter position count separately. Cash outlays of about $60 million in 1995 and $100 million in 1996; approximately $120 million of annual pre-tax savings expected by 1997.
1995-09-30restructuringcompleted4751995-06-301995-06-30U.S., Australia, and Great BritainManufacturing and OperationsUSD 53 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charge related to productivity and operational streamlining initiatives. Primarily employee benefits and separation payments.
1995-09-30restructuringannounced1995-09-301995-12-31U.S., Europe, and AustraliaManufacturing and OperationsUSD 300 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Expected pre-tax charge of $300-$325 million in Q4 1995. Includes employee retirement/severance (60%) and asset write-offs/removals from plant closures (San Leandro, CA; reduced capacity in Battle Creek, MI and Memphis, TN).
1995-09-30restructuringannounced1995-09-301995-12-31North America and Asia-PacificGeneralUSD 75 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Expected non-recurring charge of approx $75 million in Q4 1995 for write-down of certain operating assets due to changes in local market conditions and sourcing.
1995-09-30restructuringannounced2,00013%1995-09-301996-12-31GlobalGeneralMD&A
f5-10q / Qwen3.6-27B-Q8_0
Combined Q2 and Q4 initiatives expected to eliminate approx 2,000 positions (13% of global workforce at Dec 1994). Includes voluntary early retirement and severance programs.