| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-09-27 | restructuring | completed | 2024-01-01 | 2025-09-27 | North America | Frozen supply chain network | USD 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. | ||
| 2025-09-27 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | ||
| 2025-09-27 | restructuring | completed | 2024-03-31 | 2025-09-27 | North America | Frozen supply chain network | USD 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. | ||
| 2025-09-27 | restructuring | in_progress | 2024-03-31 | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | ||
| 2025-09-27 | restructuring | in_progress | Latin America | Business and portfolio realignment | USD 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. | ||||
| 2025-09-27 | divestiture_reduction | completed | 2024-09-30 | 2025-06-29 | Egypt | AMEA reportable segment | other 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. | |||
| 2025-09-27 | restructuring | completed | 2024-01-01 | 2025-09-27 | North America | Frozen supply chain | USD 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. | ||
| 2025-09-27 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal supply chain | USD 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. | ||
| 2025-06-28 | restructuring | completed | 2024-01-01 | North America | Frozen supply chain network | USD 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. | |||
| 2025-06-28 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | ||
| 2025-06-28 | restructuring | completed | 2024-01-01 | 2025-06-28 | North America | Frozen supply chain network | USD 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. | ||
| 2025-06-28 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | ||
| 2025-06-28 | restructuring | in_progress | 2024-03-30 | 2026-12-31 | Europe | Cereal supply chain | USD 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. | ||
| 2025-06-28 | restructuring | completed | 2024-03-30 | 2025-06-28 | North America | Frozen supply chain | USD 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. | ||
| 2025-03-29 | restructuring | completed | 2024-01-01 | North America | Frozen supply chain network | USD 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. | |||
| 2025-03-29 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | ||
| 2025-03-29 | restructuring | completed | 2024-01-01 | 2025-03-29 | North America | Frozen supply chain network | USD 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. | ||
| 2025-03-29 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | ||
| 2025-03-29 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal supply chain | USD 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. | ||
| 2025-03-29 | restructuring | completed | 2024-01-01 | 2025-03-29 | North America | Frozen supply chain | USD 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. | ||
| 2024-12-28 | restructuring | completed | 2024-03-01 | 2024-12-28 | North America | Frozen supply chain network | USD 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 | ||
| 2024-12-28 | restructuring | in_progress | 2024-03-01 | 2026-12-31 | Europe | Cereal supply chain network | USD 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 | ||
| 2024-12-28 | divestiture_reduction | completed | 2024-09-01 | Egypt | AMEA | other 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 | ||||
| 2024-12-28 | divestiture_reduction | completed | 2023-07-01 | 2023-07-31 | Russia | Europe | discontinued_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 | |||
| 2024-12-28 | restructuring | completed | 2024-01-01 | 2024-12-28 | North America | Frozen supply chain | USD 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. | ||
| 2024-12-28 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal supply chain | USD 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. | ||
| 2024-12-28 | restructuring | completed | 2024-01-01 | 2024-12-28 | North America | Frozen Supply Chain | USD 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. | ||
| 2024-12-28 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal Supply Chain | USD 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. | ||
| 2024-09-28 | restructuring | in_progress | 2024-03-30 | 2024-12-31 | North America | Frozen foods supply chain | USD 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. | ||
| 2024-09-28 | restructuring | in_progress | 2024-03-30 | 2026-12-31 | Europe | Cereal supply chain | USD 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. | ||
| 2024-09-28 | restructuring | in_progress | 2024-03-31 | 2024-12-31 | North America | Frozen supply chain network | USD 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. | ||
| 2024-09-28 | restructuring | in_progress | 2024-03-31 | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | ||
| 2024-09-28 | restructuring | in_progress | 2024-01-01 | 2024-12-31 | North America | Frozen supply chain | USD 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. | ||
| 2024-09-28 | restructuring | in_progress | 2024-01-01 | 2026-12-31 | Europe | Cereal supply chain | USD 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. | ||
| 2024-06-29 | restructuring | in_progress | 2024-03-30 | 2024-12-31 | North America | Frozen supply chain network | USD 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. | ||
| 2024-06-29 | restructuring | in_progress | 2024-03-30 | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | ||
| 2024-06-29 | restructuring | in_progress | 2024-03-30 | 2024-12-31 | North America | Frozen supply chain network | USD 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. | ||
| 2024-06-29 | restructuring | in_progress | 2024-03-30 | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | ||
| 2024-06-29 | restructuring | in_progress | 2024-03-31 | 2024-12-31 | North America | Frozen supply chain | USD 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. | ||
| 2024-06-29 | restructuring | in_progress | 2024-03-31 | 2026-12-31 | Europe | Cereal supply chain | USD 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. | ||
| 2024-03-30 | restructuring | in_progress | 2024-03-30 | 2024-12-31 | North America | Frozen foods supply chain | USD 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. | ||
| 2024-03-30 | restructuring | announced | 2024-03-30 | 2026-12-31 | Europe | Cereal supply chain | USD 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. | ||
| 2024-03-30 | restructuring | in_progress | 2024-12-31 | North America | Frozen supply chain network | USD 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. | |||
| 2024-03-30 | restructuring | in_progress | 2026-12-31 | Europe | Cereal supply chain network | USD 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. | |||
| 2024-03-30 | restructuring | in_progress | 2024-03-30 | 2024-12-31 | North America | Frozen supply chain | USD 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. | ||
| 2024-03-30 | restructuring | in_progress | 2024-03-30 | 2026-12-31 | Europe | Cereal supply chain | USD 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. | ||
| 2023-12-30 | divestiture_reduction | completed | 2022-12-01 | 2023-07-31 | Russia | Europe | USD 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 | ||
| 2023-12-30 | divestiture_reduction | completed | 2023-10-02 | 2023-10-02 | North America | North America cereal business | Item_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 | |||
| 2023-12-30 | restructuring | announced | 2024-02-08 | 2024-12-31 | Americas | North America frozen supply chain network | USD 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 | ||
| 2023-12-30 | plant_closure | announced | 2024-02-08 | 2026-12-31 | Europe | European cereal supply chain network | USD 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 | ||
| 2023-12-30 | restructuring | announced | 2024-02-08 | 2024-12-31 | North America | Frozen Supply Chain | USD 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. | ||
| 2023-12-30 | restructuring | announced | 2024-02-08 | 2026-12-31 | Europe | Cereal Supply Chain | USD 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. | ||
| 2023-12-30 | restructuring | announced | 2024-02-08 | 2024-12-31 | North America | Frozen Supply Chain | USD 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. | ||
| 2023-12-30 | restructuring | announced | 2024-02-08 | 2026-12-31 | Europe | Cereal Supply Chain | USD 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. | ||
| 2023-09-30 | divestiture_reduction | completed | 2022-06-21 | 2023-10-02 | North America | North American cereal business | USD 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. | ||
| 2023-09-30 | divestiture_reduction | completed | 2022-12-01 | 2023-07-31 | Russia | Europe | USD 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. | ||
| 2023-09-30 | divestiture_reduction | completed | 2022-06-01 | 2023-10-02 | North America | North 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. | ||
| 2023-09-30 | divestiture_reduction | completed | 2022-12-01 | 2023-07-31 | Russia | Europe 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. | ||
| 2023-09-30 | restructuring | in_progress | 2023-01-01 | Global | Corporate / cross-segment | USD 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. | |||
| 2023-09-30 | divestiture_reduction | completed | 2023-07-01 | 2023-07-01 | Russia | Europe | USD 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. | ||
| 2023-09-30 | restructuring | in_progress | Global | Corporate | USD 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. | ||||
| 2023-09-30 | restructuring | in_progress | Global | Corporate | USD 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. | ||||
| 2023-07-01 | divestiture_reduction | completed | 2022-12-31 | 2023-09-30 | Russia | Europe | USD 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. | ||
| 2023-07-01 | restructuring | in_progress | 2022-12-31 | 2023-12-31 | United States | North America cereal | USD 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. | ||
| 2023-07-01 | restructuring | in_progress | 2022-12-31 | 2023-12-31 | North America | Cereal | USD 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. | ||
| 2023-07-01 | restructuring | in_progress | Global | Corporate | USD 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. | ||||
| 2023-07-01 | divestiture_reduction | completed | 2022-12-31 | 2023-07-01 | Russia | Europe | subsequent_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. | |||
| 2023-04-01 | divestiture_reduction | in_progress | 2022-12-01 | Russia | Europe | other 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. | ||||
| 2023-04-01 | divestiture_reduction | in_progress | 2022-01-01 | 2023-12-31 | North America | North American cereal business | USD 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. | ||
| 2023-04-01 | restructuring | in_progress | Global | Corporate / North America Cereal | USD 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. | ||||
| 2023-04-01 | restructuring | in_progress | Global | Corporate | USD 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. | ||||
| 2022-12-31 | restructuring | in_progress | 2021 | 2024-03-31 | North America | North America supply chain network | USD 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. | ||
| 2022-12-31 | restructuring | in_progress | 2022 | Global | All reportable segments — reorganizations and portfolio realignment | USD 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. | |||
| 2022-12-31 | divestiture_reduction | in_progress | 2022-06-21 | 2023-12-31 | United States | North 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. | ||
| 2022-12-31 | divestiture_reduction | announced | 2022-12-31 | Russia | Europe segment — three manufacturing facilities | other 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. | ||||
| 2022-12-31 | restructuring | in_progress | 2021-01-01 | 2024-03-31 | North America | Supply Chain | USD 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. | ||
| 2022-12-31 | restructuring | in_progress | 2022-01-01 | Global | Various | USD 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. | |||
| 2022-12-31 | restructuring | in_progress | 2021-01-01 | 2024-03-31 | North America | Supply Chain | USD 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. | ||
| 2022-12-31 | restructuring | completed | 2022-01-01 | 2022-12-31 | Global | Various | USD 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. | ||
| 2022-12-31 | restructuring | in_progress | Cost of Sales [Member] / NorthAmericaSupplyChainReconfiguration [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2022-10-01 | divestiture_reduction | announced | 2022-06-21 | 2023-12-31 | North America | North American cereal and plant-based foods businesses | USD 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. | ||
| 2022-10-01 | divestiture_reduction | announced | 2022-06-21 | 2023-12-31 | North America | North American cereal and plant-based foods businesses | USD 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. | ||
| 2022-10-01 | restructuring | in_progress | Corporate / portfolio-wide | USD 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. | |||||
| 2022-10-01 | restructuring | in_progress | 2022-06-21 | 2023-12-31 | Global | Corporate / North America Cereal / Plant-based | USD 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. | ||
| 2022-10-01 | restructuring | in_progress | Global | Corporate | USD 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. | ||||
| 2022-07-02 | divestiture_reduction | announced | 2022-06-21 | 2023-12-31 | North America | North American cereal and plant-based foods businesses | USD 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. | ||
| 2022-07-02 | divestiture_reduction | announced | 2022-06-21 | 2023-12-31 | Global | North American cereal and plant-based foods businesses | other 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. | |||
| 2022-07-02 | restructuring | in_progress | Global | Corporate / portfolio-wide | USD 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. | ||||
| 2022-07-02 | restructuring | in_progress | 2022-06-21 | 2023-12-31 | North America | Cereal and Plant-based Foods | USD 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. | ||
| 2022-07-02 | restructuring | in_progress | Global | Corporate | USD 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. | ||||
| 2022-04-02 | other | completed | United States | North America cereal plants | MD&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. | |||||
| 2022-04-02 | other | completed | United States | U.S. cereal manufacturing plants | MD&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. | |||||
| 2022-04-02 | restructuring | in_progress | Corporate / multi-segment | USD 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. | |||||
| 2022-04-02 | other | in_progress | 2022-03-01 | Russia | Manufacturing (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. | ||||
| 2022-04-02 | restructuring | in_progress | Global | Corporate and Operations | USD 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. | ||||
| 2022-01-01 | restructuring | in_progress | 2021-01-01 | 2024-03-31 | North America | Supply chain / manufacturing | USD 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. | ||
| 2022-01-01 | restructuring | in_progress | 2021-01-01 | Multiple (all reportable segments) | Various reorganization and simplification initiatives | USD 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. | |||
| 2022-01-01 | other | completed | United States | U.S. ready-to-eat cereal manufacturing | Item_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. | |||||
| 2022-01-01 | restructuring | in_progress | 2021-01-01 | 2024-03-31 | North America | Supply Chain | USD 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. | ||
| 2022-01-01 | restructuring | completed | 2019-01-01 | 2021-01-01 | Europe | General | USD 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. | ||
| 2022-01-01 | restructuring | completed | 2019-01-01 | 2021-01-01 | North America | General | USD 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. | ||
| 2022-01-01 | restructuring | in_progress | 2021-01-01 | Global | General | USD 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. | |||
| 2022-01-01 | restructuring | in_progress | 2021 | 2024-03-31 | North America | Supply Chain | USD 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. | ||
| 2022-01-01 | restructuring | completed | 2019 | 2021-01-02 | Europe | General | USD -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. | ||
| 2022-01-01 | restructuring | completed | 2019 | 2021-01-02 | North America | General | USD 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. | ||
| 2022-01-01 | restructuring | completed | 2021 | 2022-01-01 | Global | General | USD 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. | ||
| 2022-01-01 | restructuring | in_progress | Employee Severance [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-01-01 | restructuring | in_progress | Benefit Plan Obligation Impact [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-01-01 | restructuring | in_progress | Asset related costs [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-01-01 | restructuring | in_progress | Other Restructuring [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-01-01 | restructuring | in_progress | USD 27,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2021-10-02 | restructuring | in_progress | 2021-07-04 | 2024-03-31 | North America | North America supply chain network | USD 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. | ||
| 2021-10-02 | other | in_progress | United States | U.S. ready-to-eat cereal manufacturing plants | other 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. | |||||
| 2021-10-02 | restructuring | in_progress | 2021-07-04 | 2024-01-31 | North America | North America segment — supply chain network | USD 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. | ||
| 2021-10-02 | other | in_progress | United States | U.S. ready-to-eat cereal manufacturing | other 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. | |||||
| 2021-10-02 | restructuring | in_progress | 2021-07-03 | 2024-03-31 | North America | Supply Chain | USD 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. | ||
| 2021-10-02 | other | in_progress | United States | Cereal Manufacturing | other 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. | |||||
| 2021-07-03 | restructuring | in_progress | USD 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. | ||||||
| 2021-07-03 | restructuring | in_progress | USD 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. | ||||||
| 2021-04-03 | restructuring | in_progress | Corporate | USD 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. | |||||
| 2021-01-02 | restructuring | completed | 2019 | 2021-01-02 | Europe | Europe reportable segment — organizational simplification | USD -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. | ||
| 2021-01-02 | restructuring | completed | 2019 | 2021-01-02 | United States | North America reportable segment — post-divestiture reorganization | USD 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. | ||
| 2021-01-02 | restructuring | in_progress | All segments (North America, Europe, Latin America, AMEA, Corporate) | Reorganization, simplification and supply chain optimization initiatives | USD 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. | ||||
| 2021-01-02 | divestiture_reduction | completed | Europe | Europe 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. | ||||
| 2021-01-02 | restructuring | completed | 2019-01-01 | 2020-12-31 | Global | Multiple segments | USD 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. | ||
| 2021-01-02 | restructuring | completed | 2019-01-01 | 2020-12-31 | Europe | Europe Segment | USD -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. | ||
| 2021-01-02 | restructuring | completed | 2019-01-01 | 2020-12-31 | North America | North America Segment | USD 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. | ||
| 2021-01-02 | restructuring | completed | 2020-12-31 | Europe | Europe Segment | USD -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. | |||
| 2021-01-02 | restructuring | completed | 2020-12-31 | North America | North America Segment | USD 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. | |||
| 2021-01-02 | restructuring | completed | Global | All Segments | USD 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. | ||||
| 2021-01-02 | restructuring | in_progress | Employee Severance [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-01-02 | restructuring | in_progress | Benefit Plan Obligation Impact [Member] | USD -8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-01-02 | restructuring | in_progress | Asset Impairment [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-01-02 | restructuring | in_progress | Asset related costs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-01-02 | restructuring | in_progress | Other Restructuring [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-01-02 | restructuring | in_progress | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-09-26 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe reportable segment | USD 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. | ||
| 2020-09-26 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America reportable segment | USD 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. | ||
| 2020-09-26 | restructuring | in_progress | 2020-01-01 | Latin America | Latin America reportable segment | USD 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. | |||
| 2020-09-26 | restructuring | in_progress | 2020-01-01 | AMEA | AMEA reportable segment | USD 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. | |||
| 2020-09-26 | restructuring | in_progress | 2019-06 | 2020-12-31 | Europe | Europe reportable segment | USD 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. | ||
| 2020-09-26 | restructuring | in_progress | 2019-06 | 2020-12-31 | United States | North America reportable segment | USD 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. | ||
| 2020-09-26 | restructuring | in_progress | Latin America | Latin America reportable segment | USD 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. | ||||
| 2020-09-26 | restructuring | in_progress | AMEA (Asia, Middle East, Africa) | AMEA reportable segment | USD 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. | ||||
| 2020-09-26 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe Segment | USD 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. | ||
| 2020-09-26 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America Segment | USD 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. | ||
| 2020-09-26 | restructuring | in_progress | Latin America | Latin America Segment | USD 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. | ||||
| 2020-09-26 | restructuring | in_progress | AMEA | AMEA Segment | USD 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. | ||||
| 2020-06-27 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe reportable segment | USD 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. | ||
| 2020-06-27 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America reportable segment | restructuring_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. | |||
| 2020-06-27 | restructuring | in_progress | 2020-06-27 | Latin America | Latin America reportable segment | USD 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. | |||
| 2020-06-27 | restructuring | in_progress | 2020-06-27 | AMEA | AMEA reportable segment | USD 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. | |||
| 2020-06-27 | divestiture_reduction | completed | 2019-07-28 | 2019-07-28 | North America; Latin America | Cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses | USD 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. | ||
| 2020-06-27 | restructuring | in_progress | 2020-12-31 | Europe | Europe | USD 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. | |||
| 2020-06-27 | restructuring | in_progress | 2020-12-31 | North America | North America | USD 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. | |||
| 2020-06-27 | restructuring | in_progress | Latin America | Latin America | USD 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. | ||||
| 2020-06-27 | restructuring | in_progress | AMEA (Asia Middle East Africa) | AMEA | USD 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. | ||||
| 2020-06-27 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe Segment | USD 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. | ||
| 2020-06-27 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America Segment | restructuring_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. | |||
| 2020-06-27 | restructuring | in_progress | 2020-06-27 | Latin America | Latin America Segment | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reorganization and simplification costs incurred in Q2 2020, primarily severance. | |||
| 2020-06-27 | restructuring | in_progress | 2020-06-27 | AMEA | AMEA Segment | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reorganization and simplification costs incurred in Q2 2020, primarily severance. | |||
| 2020-03-28 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe reportable segment | USD 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 | ||
| 2020-03-28 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America reportable segment | USD 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 | ||
| 2020-03-28 | divestiture_reduction | completed | 2019-07-28 | 2019-07-28 | North America and Latin America | Cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses | USD 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 | ||
| 2020-03-28 | restructuring | in_progress | 2019-06-30 | 2020-12-31 | Europe | Europe reportable segment | USD 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. | ||
| 2020-03-28 | restructuring | in_progress | 2019-06-30 | 2020-12-31 | North America | North America reportable segment | USD 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. | ||
| 2020-03-28 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe Segment | USD 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. | ||
| 2020-03-28 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America Segment | USD 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. | ||
| 2019-12-28 | restructuring | completed | 2019-12-28 | Global | All segments and Corporate | USD 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. | |||
| 2019-12-28 | restructuring | in_progress | 2020-12-31 | Europe | Kellogg Europe | USD 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. | |||
| 2019-12-28 | restructuring | in_progress | 2020-12-31 | United States | Kellogg North America | USD 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. | |||
| 2019-12-28 | divestiture_reduction | completed | 2019-07-28 | Primarily United States | Kellogg 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. | ||||
| 2019-12-28 | other | completed | 2019-09-30 | United States | Unionized 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. | |||
| 2019-12-28 | restructuring | completed | Global | Multiple segments | USD 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. | ||||
| 2019-12-28 | divestiture_reduction | completed | 2019-07-28 | North America | Snacks (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. | ||||
| 2019-12-28 | restructuring | completed | 2019-12-28 | Global | Corporate / All Segments | USD 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. | |||
| 2019-12-28 | restructuring | in_progress | 2020-12-31 | Europe | Europe Segment | USD 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. | |||
| 2019-12-28 | restructuring | in_progress | 2020-12-31 | North America | North America Segment | USD 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. | |||
| 2019-12-28 | divestiture_reduction | completed | 2019-07-28 | North America | North America Segment | MD&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. | ||||
| 2019-12-28 | restructuring | in_progress | Employee Severance [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Benefit Plan Obligation Impact [Member] | USD -5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Asset Impairment [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Asset related costs [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | Other Restructuring [Member] | USD 48,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-28 | restructuring | in_progress | USD 113,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2019-09-28 | restructuring | in_progress | 2019-12-31 | Global (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. | ||||
| 2019-09-28 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe reportable segment | USD 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. | ||
| 2019-09-28 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America reportable segment | USD 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. | ||
| 2019-09-28 | divestiture_reduction | completed | 2019-07-28 | 2019-07-28 | North America (primarily), Latin America (to a lesser extent) | Cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses | USD 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. | ||
| 2019-09-28 | restructuring | in_progress | 2019-12-31 | Europe | Europe reportable segment | USD 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. | |||
| 2019-09-28 | restructuring | in_progress | 2019-12-31 | North America | North America reportable segment | USD 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. | |||
| 2019-09-28 | restructuring | in_progress | 2019-12-31 | Global | All segments | USD 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. | |||
| 2019-09-28 | divestiture_reduction | completed | 2019-04-30 | 2019-07-28 | North America; Latin America | North America and Latin America segments | other 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. | |||
| 2019-09-28 | other | completed | United States | Corporate / U.S. pension plans | USD 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. | ||||
| 2019-09-28 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe Segment | USD 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. | ||
| 2019-09-28 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America Segment | USD 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. | ||
| 2019-09-28 | restructuring | in_progress | 2018-01-01 | 2019-12-31 | Global | Corporate / All Segments | USD 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. | ||
| 2019-09-28 | other | completed | 2019-07-28 | 2019-07-28 | North America | North America Segment | restructuring_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. | |||
| 2019-09-28 | other | completed | 2019-07-01 | 2019-09-28 | United States | North America Segment | USD 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. | ||
| 2019-06-29 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe reportable segment | USD 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. | ||
| 2019-06-29 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America reportable segment | USD 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. | ||
| 2019-06-29 | restructuring | in_progress | 2019-12-31 | Global | All segments | USD 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. | |||
| 2019-06-29 | divestiture_reduction | completed | 2019-03-31 | 2019-07-28 | North America | Cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses | USD 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. | ||
| 2019-06-29 | other | announced | 2019-07-28 | United States | Multi-employer pension plans | USD 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. | |||
| 2019-06-29 | restructuring | in_progress | 2019-12-31 | Global | All 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. | |||
| 2019-06-29 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe reportable segment | USD 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. | ||
| 2019-06-29 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America reportable segment | USD 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. | ||
| 2019-06-29 | divestiture_reduction | completed | 2019-03-31 | 2019-07-28 | North America | Selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses | subsequent_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. | |||
| 2019-06-29 | other | announced | 2019-06-30 | United States | Multi-employer pension plans | USD 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. | |||
| 2019-06-29 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | Europe | Europe Segment | USD 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. | ||
| 2019-06-29 | restructuring | in_progress | 2019-04-01 | 2020-12-31 | North America | North America Segment | USD 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. | ||
| 2019-06-29 | restructuring | in_progress | 2018-01-01 | 2019-12-31 | Global | Corporate | USD 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. | ||
| 2019-06-29 | other | announced | 2019-06-29 | United States | Corporate | USD 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. | |||
| 2019-03-30 | restructuring | in_progress | 2019-12-31 | North 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. | ||||
| 2019-03-30 | divestiture_reduction | announced | 2019-03-31 | 2019-07-31 | North America | Selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses | USD 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. | ||
| 2019-03-30 | restructuring | in_progress | 2019-12-31 | Global | North America, Europe, Latin America, AMEA, Corporate | USD 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 | |||
| 2019-03-30 | divestiture_reduction | announced | 2019-03-31 | 2019-07-31 | North America | Kellogg North America — selected cookies, fruit and fruit-flavored snacks, pie crusts, and ice cream cones businesses | subsequent_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 | |||
| 2019-03-30 | restructuring | in_progress | 2019-12-31 | Global | Corporate and all segments | USD 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. | |||
| 2019-03-30 | other | in_progress | United Kingdom | Europe | USD 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. | ||||
| 2019-03-30 | other | in_progress | Global | Corporate and all segments | USD 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. | ||||
| 2019-03-30 | divestiture_reduction | announced | 2019-03-31 | 2019-07-31 | North America | North America | subsequent_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. | |||
| 2018-12-29 | restructuring | in_progress | 2019-12-31 | Global | U.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. | |||
| 2018-12-29 | acquisition_addition | completed | 2018-05-02 | 2018-05-02 | Nigeria and Ghana | Asia Pacific | business_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). | |||
| 2018-12-29 | divestiture_reduction | announced | 2018-11-12 | United States | U.S. Snacks, U.S. Specialty Channels, North America Other | USD 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. | |||
| 2018-12-29 | other | completed | United States | Manufacturing (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. | ||||
| 2018-12-29 | restructuring | in_progress | 2013-11-01 | 2019-12-31 | Global | All Segments | USD 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. | ||
| 2018-12-29 | restructuring | in_progress | 2017-01-01 | 2017-12-31 | Global | All Segments | USD 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). | ||
| 2018-12-29 | restructuring | in_progress | 2019-12-31 | Global | Various | USD 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. | |||
| 2018-12-29 | restructuring | in_progress | USD 143,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2018-12-29 | restructuring | in_progress | Asset Impairment [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-29 | restructuring | in_progress | Asset related costs [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-29 | restructuring | in_progress | Benefit Plan Obligation Impact [Member] | USD -30,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-29 | restructuring | in_progress | Employee Severance [Member] | USD 63,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-29 | restructuring | in_progress | Other Restructuring [Member] | USD 80,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-29 | restructuring | in_progress | 2014-01-01 | 2018-12-31 | Global | All segments; U.S. Snacks DSD exit, European pension plan freezes, supply chain and go-to-market changes | USD 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. | ||
| 2018-09-29 | restructuring | in_progress | 2014-01-01 | 2018-12-31 | Global | All segments | USD 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. | ||
| 2018-09-29 | other | completed | 2018-12-31 | 2018-12-31 | Europe | European pension plans | USD -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. | ||
| 2018-09-29 | acquisition_addition | completed | 2018-05-02 | 2018-05-02 | Nigeria and Ghana | Asia 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. | ||
| 2018-09-29 | acquisition_addition | completed | 2018-05-02 | Nigeria and Ghana | Asia Pacific | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company obtained 51% controlling interest and began consolidating Multipro; no headcount added disclosed. | ||||
| 2018-09-29 | restructuring | in_progress | 2018-12-31 | Global | All segments | USD 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. | |||
| 2018-09-29 | restructuring | in_progress | 2018-12-31 | Europe | Europe | restructuring_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. | ||||
| 2018-09-29 | restructuring | in_progress | 2018-12-31 | Global | Various (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. | |||
| 2018-09-29 | restructuring | in_progress | 2018-12-31 | Global | Various | USD 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. | |||
| 2018-06-30 | restructuring | in_progress | 2014-01-01 | 2018-12-31 | Global | All 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. | ||
| 2018-06-30 | acquisition_addition | completed | 2018-05-02 | 2018-05-02 | Nigeria and Ghana | Asia Pacific | USD 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. | ||
| 2018-06-30 | acquisition_addition | completed | 2017-10-27 | 2017-10-27 | United States | North America Other | USD 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. | ||
| 2018-06-30 | restructuring | in_progress | 2014-01-01 | 2018-12-31 | Global | All segments; U.S. Snacks DSD exit, supply chain, global business services | USD 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. | ||
| 2018-06-30 | acquisition_addition | completed | 2018-05-02 | 2018-05-02 | Nigeria and Ghana | Asia Pacific | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multipro consolidation added $129M net sales since acquisition; headcount added not disclosed. | |||
| 2018-06-30 | acquisition_addition | completed | 2017-10-27 | 2017-10-27 | United States | North 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. | |||
| 2018-06-30 | restructuring | in_progress | 2018-12-31 | Global | Various (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. | |||
| 2018-06-30 | restructuring | in_progress | 2018-12-31 | Global | Various | USD 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. | |||
| 2018-03-31 | restructuring | in_progress | 2018-12-31 | All reportable segments and Corporate | USD 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. | ||||
| 2018-03-31 | restructuring | in_progress | 2018-12-31 | Global | All 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. | |||
| 2018-03-31 | acquisition_addition | announced | 2018-05-02 | 2018-05-02 | Nigeria and Ghana | Asia 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. | |||
| 2018-03-31 | restructuring | in_progress | 2018-12-31 | Global | Various (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. | |||
| 2017-12-30 | restructuring | in_progress | 2017-02-01 | 2018-12-31 | Global | Consolidated (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. | ||
| 2017-12-30 | restructuring | completed | 2015-01-01 | 2017-12-30 | Global | Consolidated (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). | ||
| 2017-12-30 | acquisition_addition | completed | 2017-10-27 | 2017-10-27 | United States | North America Other | business_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. | |||
| 2017-12-30 | other | completed | 2017-01-01 | 2017-12-30 | United States | Multiemployer 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). | ||
| 2017-12-30 | other | completed | 2017-09-01 | 2018-12-31 | United States and Canada | Salaried employees in affected defined benefit pension plans | other 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). | |||
| 2017-12-30 | restructuring | in_progress | 2017-02-01 | 2018-12-31 | Global | All Segments | USD 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. | ||
| 2017-12-30 | restructuring | completed | 2015-01-01 | 2017-12-30 | Global | All Segments | USD 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. | ||
| 2017-12-30 | restructuring | in_progress | 2017-02-01 | 2018-12-31 | Global | Various | USD 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. | ||
| 2017-12-30 | restructuring | completed | 2015-01-01 | 2017-12-30 | Global | Various | USD 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. | ||
| 2017-12-30 | acquisition_addition | completed | 2017-10-01 | 2017-10-01 | United States | North America Other | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Chicago Bar Company LLC (RXBAR) in October 2017. Headcount not explicitly disclosed. | |||
| 2017-12-30 | acquisition_addition | completed | 2016-12-01 | 2016-12-01 | Brazil | Latin America | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Parati Group in December 2016. Headcount not explicitly disclosed. | |||
| 2017-12-30 | restructuring | in_progress | USD 263,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2017-12-30 | restructuring | in_progress | Asset Impairment [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-30 | restructuring | in_progress | Asset related costs [Member] | USD 77,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-30 | restructuring | in_progress | Benefit Plan Obligation Impact [Member] | USD -148,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-30 | restructuring | in_progress | Employee Severance [Member] | USD 177,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-30 | restructuring | in_progress | Other Restructuring [Member] | USD 157,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | Global | All segments; U.S. Snacks DSD transition | USD 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. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | United States and Canada | Salaried employees; defined benefit pension plans | USD -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. | |||
| 2017-09-30 | other | completed | 2017-01-01 | United States | Multi-employer pension plans | USD 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. | |||
| 2017-09-30 | acquisition_addition | completed | 2017-10-27 | United States | U.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. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | Global | All segments; charges concentrated in U.S. Snacks and Europe | USD 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. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | United States | U.S. Snacks — exit from Direct Store Delivery distribution system | USD 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. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | Europe | Europe segment | USD 21 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Year-to-date restructuring charges; no employee counts disclosed. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | United States | U.S. Morning Foods segment | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Year-to-date restructuring charges; no employee counts disclosed. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | United States | North 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. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | Asia Pacific | Asia Pacific segment | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Year-to-date restructuring charges; no employee counts disclosed. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | Latin America | Latin America segment | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Year-to-date restructuring charges; no employee counts disclosed. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | United States | U.S. Specialty segment | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Year-to-date restructuring charges; no employee counts disclosed. | |||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | Global | Corporate | USD -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. | |||
| 2017-09-30 | acquisition_addition | completed | 2017-10-27 | 2017-10-27 | United States | U.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. | ||
| 2017-09-30 | acquisition_addition | completed | 2016-12-01 | 2016-12-01 | Brazil | Latin 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. | ||
| 2017-09-30 | restructuring | in_progress | 2017-02-01 | Global | Corporate / All Segments | USD 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. | |||
| 2017-09-30 | restructuring | in_progress | 2015-01-01 | Global | All Segments | USD 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. | |||
| 2017-09-30 | restructuring | in_progress | Zero Based Budgeting [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-07-01 | restructuring | in_progress | 2017-02-01 | 2018-12-31 | Global | All segments; U.S. Snacks DSD exit included | USD 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. | ||
| 2017-07-01 | restructuring | in_progress | 2017-02-01 | 2018-12-31 | Global | All segments | USD 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. | ||
| 2017-07-01 | other | in_progress | 2017-02-01 | United States | Multi-employer pension plans | USD 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. | |||
| 2017-07-01 | restructuring | in_progress | 2017-02 | 2018-12-31 | Global | All 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. | ||
| 2017-07-01 | restructuring | in_progress | 2015 | 2017-12-31 | United States and international segments | North America and international segments | USD 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. | ||
| 2017-07-01 | other | in_progress | 2017-01-01 | United States | Corporate / employee benefit plans | USD 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. | |||
| 2017-07-01 | restructuring | in_progress | 2017-02-01 | Global | All segments | USD 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. | |||
| 2017-07-01 | restructuring | in_progress | 2015-01-01 | Global | All segments | USD 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. | |||
| 2017-07-01 | restructuring | in_progress | Zero Based Budgeting [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-04-01 | restructuring | in_progress | 2017-02-01 | Global | All segments; includes Direct Store Delivery (DSD) exit in U.S. Snacks | USD 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. | |||
| 2017-04-01 | restructuring | in_progress | 2017-02-01 | Global | Multiple segments including U.S. Snacks, U.S. Morning Foods, Europe, Corporate | USD 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. | |||
| 2017-04-01 | restructuring | in_progress | 2017-02-01 | Global | Multiple segments; U.S. Snacks Direct Store Delivery (DSD) exit | USD 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. | |||
| 2017-04-01 | restructuring | in_progress | 2015-01-01 | 2017-12-31 | Global | Corporate / all segments | USD 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. | ||
| 2017-04-01 | acquisition_addition | completed | 2016-12-01 | Brazil | Latin America | business_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. | ||||
| 2017-04-01 | restructuring | in_progress | 2017-02-01 | Global | Corporate and all segments | USD 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. | |||
| 2017-04-01 | restructuring | in_progress | 2015-01-01 | Global | North America and International | USD 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. | |||
| 2017-04-01 | restructuring | in_progress | Zero Based Budgeting [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2013-11-01 | 2019-12-31 | Global | All 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. | ||
| 2016-12-31 | restructuring | in_progress | 2015-01-01 | 2017-12-31 | United States and international segments | North 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. | ||
| 2016-12-31 | acquisition_addition | completed | 2016-12-01 | 2016-12-01 | Brazil | Latin America | business_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. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-03-01 | 2016-03-01 | United States | North America Other | business_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. | |||
| 2016-12-31 | acquisition_addition | completed | 2016-09-01 | 2016-09-01 | Europe | Europe | business_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. | |||
| 2016-12-31 | restructuring | announced | 2017-02-09 | 2019-12-31 | Global | All segments; includes go-to-market model changes (U.S. Snacks DSD exit) and organizational design | subsequent_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. | |||
| 2016-12-31 | restructuring | in_progress | 2013-11-01 | Global | Multiple segments | USD 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. | |||
| 2016-12-31 | restructuring | in_progress | 2015-01-01 | North America and International | Multiple segments | USD 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. | |||
| 2016-12-31 | restructuring | in_progress | 2013-11 | Global | Various | USD 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. | |||
| 2016-12-31 | restructuring | in_progress | 2015 | 2018-12-31 | Global | Various | USD 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. | ||
| 2016-12-31 | restructuring | in_progress | USD 325,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2016-12-31 | restructuring | in_progress | Asset Impairment [Member] | USD 50,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Asset related costs [Member] | USD 46,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 109,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 120,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-10-01 | restructuring | in_progress | 2013-11-01 | All segments; Corporate approximately 29% of total charges | USD 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. | ||||
| 2016-10-01 | restructuring | in_progress | 2015-01-01 | 2016-12-31 | North America; expanded to international segments in 2016 | USD 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. | |||
| 2016-10-01 | restructuring | in_progress | 2013-11 | Global | All reportable segments and Corporate | USD 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. | |||
| 2016-10-01 | restructuring | in_progress | 2015 | Global | North America and international segments | USD 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. | |||
| 2016-10-01 | acquisition_addition | announced | 2016-10 | 2016-12-31 | Brazil | Latin America segment | subsequent_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. | |||
| 2016-10-01 | restructuring | in_progress | 2013-11-01 | Global | All Segments | USD 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. | |||
| 2016-10-01 | restructuring | in_progress | 2015-01-01 | Global | All Segments | USD 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. | |||
| 2016-10-01 | other | in_progress | 2014-03-01 | United States | U.S. Morning Foods | other 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. | ||||
| 2016-10-01 | restructuring | in_progress | Zero Based Budgeting [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-07-02 | restructuring | in_progress | 2013-11-01 | Global | All reportable segments and Corporate | USD 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. | |||
| 2016-07-02 | restructuring | in_progress | 2015-01-01 | 2016-12-31 | North America, expanded to international segments in 2016 | North America and international segments | USD 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. | ||
| 2016-07-02 | other | in_progress | 2015-05-01 | Memphis, TN, United States | U.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. | ||||
| 2016-07-02 | restructuring | in_progress | 2013-11 | Global | All 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. | |||
| 2016-07-02 | restructuring | in_progress | 2015 | United States and international segments | North America (2015); expanded to international segments in 2016 | USD 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. | |||
| 2016-07-02 | other | in_progress | 2014-03 | United States (Memphis, TN) | Cereal production facility; union-represented workforce | other 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. | ||||
| 2016-07-02 | restructuring | in_progress | 2013-11-01 | Global | All Segments | USD 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. | |||
| 2016-07-02 | restructuring | in_progress | 2015-01-01 | North America, then International | All Segments | USD 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. | |||
| 2016-07-02 | restructuring | in_progress | Zero Based Budgeting [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-02 | restructuring | in_progress | 2013-11-01 | Multi-segment: U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, Corporate | USD 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. | ||||
| 2016-04-02 | other | in_progress | 2014-03-01 | Memphis, TN, United States | Cereal production facility | other 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. | ||||
| 2016-04-02 | restructuring | in_progress | 2013-11 | Global | All 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. | |||
| 2016-04-02 | restructuring | in_progress | 2015 | 2016 | United States (North America); expanded to international segments during 2016 | North America business, expanding to international segments | USD 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. | ||
| 2016-04-02 | other | in_progress | 2014-03 | Memphis, TN, United States | Cereal 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. | ||||
| 2016-04-02 | restructuring | in_progress | 2013-11-01 | Global | Multiple 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. | |||
| 2016-04-02 | restructuring | in_progress | 2015-01-01 | North America, expanding to International | Global | USD 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. | |||
| 2016-04-02 | other | in_progress | 2014-03-01 | Memphis, TN | Manufacturing | other 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. | ||||
| 2016-04-02 | restructuring | in_progress | Asset Impairment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-02 | restructuring | in_progress | Asset related costs [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-02 | restructuring | in_progress | Employee Severance [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-02 | restructuring | in_progress | Other Restructuring [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-04-02 | restructuring | in_progress | USD 52,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-04-02 | restructuring | in_progress | Zero Based Budgeting [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-01-02 | restructuring | in_progress | 2013-11-01 | Global | Enterprise-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. | |||
| 2016-01-02 | restructuring | in_progress | 2015-01-04 | United States | North 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. | |||
| 2016-01-02 | acquisition_addition | completed | 2015-01-18 | 2015-01-18 | Egypt | Europe reportable segment | business_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. | |||
| 2016-01-02 | acquisition_addition | completed | 2015-09-01 | 2015-09-30 | Egypt | Europe reportable segment | business_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. | |||
| 2016-01-02 | divestiture_reduction | completed | 2014-09-27 | United States | U.S. Specialty reportable segment | MD&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. | ||||
| 2016-01-02 | restructuring | in_progress | 2013-11-01 | Global | All Segments | USD 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. | |||
| 2016-01-02 | restructuring | in_progress | 2013-11 | Global | Various | USD 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. | |||
| 2016-01-02 | restructuring | in_progress | 2015 | North America | Various | USD 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. | |||
| 2016-01-02 | restructuring | in_progress | USD 323,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2016-01-02 | restructuring | in_progress | Asset Impairment [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-02 | restructuring | in_progress | Asset related costs [Member] | USD 103,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-02 | restructuring | in_progress | Employee Severance [Member] | USD 62,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-02 | restructuring | in_progress | Other Restructuring [Member] | USD 140,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-01-02 | restructuring | in_progress | Zero-based Budgeting [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | All reportable segments and Corporate | USD 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. | ||||
| 2015-10-03 | other | in_progress | 2014-03-01 | Memphis, TN, United States | Cereal production facility | other 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. | ||||
| 2015-10-03 | restructuring | in_progress | 2013-11 | 2017-12-31 | Global | All 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. | ||
| 2015-10-03 | other | in_progress | 2014-03 | United 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. | ||||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | Global | All Segments | USD 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. | |||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | United States | U.S. Morning Foods | USD 30 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q3 2015. | |||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | United States | U.S. Snacks | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q3 2015. | |||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | United States | U.S. Specialty | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q3 2015. | |||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | North America | North America Other | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q3 2015. | |||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | Europe | Europe | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q3 2015. | |||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | Latin America | Latin America | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q3 2015. | |||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | Asia Pacific | Asia Pacific | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q3 2015. | |||
| 2015-10-03 | restructuring | in_progress | 2013-11-01 | Global | Corporate | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q3 2015. | |||
| 2015-10-03 | restructuring | in_progress | USD 243,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-10-03 | restructuring | in_progress | Asset Impairment [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-10-03 | restructuring | in_progress | Asset related costs [Member] | USD 62,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-10-03 | restructuring | in_progress | Employee Severance [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-10-03 | restructuring | in_progress | Other Restructuring [Member] | USD 99,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | Multi-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 charges | USD 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. | ||||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | Multi-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. | ||||
| 2015-07-04 | other | in_progress | 2014-03-01 | Memphis, TN, United States | Cereal production facility | other 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. | ||||
| 2015-07-04 | restructuring | in_progress | 2013-11 | Global | All reportable segments and Corporate | USD 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 | |||
| 2015-07-04 | acquisition_addition | completed | 2015-01-18 | 2015-01-18 | Egypt | Europe | business_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 | |||
| 2015-07-04 | other | in_progress | 2014-03 | United States | Memphis, TN cereal production facility | other 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 | ||||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | Global | Corporate and all operating segments | USD 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. | |||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | United States | U.S. Morning Foods | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q2 2015. | |||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | United States | U.S. Snacks | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q2 2015. | |||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | United States | U.S. Specialty | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q2 2015. | |||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | North America | North America Other | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q2 2015. | |||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | Europe | Europe | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q2 2015. | |||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | Latin America | Latin America | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q2 2015. | |||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | Asia Pacific | Asia Pacific | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q2 2015. | |||
| 2015-07-04 | restructuring | in_progress | 2013-11-01 | Global | Corporate | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Project K segment breakdown for Q2 2015. | |||
| 2015-07-04 | restructuring | in_progress | USD 158,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-07-04 | restructuring | in_progress | Asset Impairment [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-07-04 | restructuring | in_progress | Asset related costs [Member] | USD 47,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-07-04 | restructuring | in_progress | Employee Severance [Member] | USD 33,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-07-04 | restructuring | in_progress | Other Restructuring [Member] | USD 60,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-04-04 | restructuring | in_progress | 2013-11-01 | All reportable segments and Corporate | USD 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. | ||||
| 2015-04-04 | restructuring | in_progress | 2013-11 | Global | Enterprise-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. | |||
| 2015-04-04 | acquisition_addition | completed | 2015-01-18 | 2015-01-18 | Egypt | Europe operating segment | business_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. | |||
| 2015-04-04 | other | in_progress | 2014-03 | United States (Memphis, TN) | Cereal production facility | other 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. | ||||
| 2015-04-04 | restructuring | in_progress | 2013-11-01 | Global | Corporate and all reportable segments | USD 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. | |||
| 2015-04-04 | other | in_progress | 2014-03-01 | Memphis, TN | Manufacturing | other 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. | ||||
| 2015-04-04 | restructuring | in_progress | Employee Severance | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-04-04 | restructuring | in_progress | Asset Impairment | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-04-04 | restructuring | in_progress | Asset Related Costs | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-04-04 | restructuring | in_progress | Other Restructuring | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-04-04 | restructuring | in_progress | USD 68,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-01-03 | restructuring | in_progress | 2013-11 | Global | All segments; Corporate carries approximately 42% of expected pre-tax charges | USD 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. | |||
| 2015-01-03 | acquisition_addition | announced | 2015-01 | Egypt | Packaged 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. | ||||
| 2015-01-03 | restructuring | in_progress | 2013-11 | Global | All segments | USD 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. | |||
| 2015-01-03 | restructuring | in_progress | 2013-11 | Global | All Segments | USD 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. | |||
| 2015-01-03 | restructuring | in_progress | Employee Severance / Exit Costs | USD 90,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-01-03 | restructuring | in_progress | Asset Impairment Charge / Exit Costs | USD 21,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-01-03 | restructuring | in_progress | Asset Related Cost / Exit Costs | USD 37,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-01-03 | restructuring | in_progress | Other Restructuring / Exit Costs | USD 150,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-01-03 | restructuring | in_progress | Exit Costs | USD 298,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-27 | restructuring | in_progress | 2013-11-01 | Global | All segments; Corporate approximately 48% of total pre-tax charges | USD 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. | |||
| 2014-09-27 | restructuring | in_progress | 2013-11-01 | Global | All segments; Corporate approximately 48% of total pre-tax charges | USD 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. | |||
| 2014-09-27 | other | in_progress | 2014-03-01 | Memphis, TN, United States | Cereal 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. | ||||
| 2014-09-27 | restructuring | in_progress | 2013-11-01 | Global | All segments and Corporate | USD 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 | |||
| 2014-09-27 | plant_closure | in_progress | 2013-11-01 | United States | U.S. Snacks | USD 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 | |||
| 2014-09-27 | restructuring | in_progress | 2013-11-01 | Global | All segments | USD 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. | |||
| 2014-09-27 | other | in_progress | 2014-03-01 | Memphis, TN | U.S. Morning Foods | other 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. | ||||
| 2014-09-27 | restructuring | in_progress | Other Restructuring | USD 113,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-27 | restructuring | in_progress | Asset Related Costs | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-27 | restructuring | in_progress | Employee Severance | USD 74,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-27 | restructuring | in_progress | USD 224,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-09-27 | restructuring | in_progress | Asset Impairment | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-28 | restructuring | in_progress | 2013-11-01 | Global | All segments | USD 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. | |||
| 2014-06-28 | restructuring | in_progress | 2013-11-01 | Global | All segments | USD 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. | |||
| 2014-06-28 | other | in_progress | 2014-03-01 | Memphis, TN, United States | U.S. Morning Foods | other 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. | ||||
| 2014-06-28 | restructuring | in_progress | 2013-11 | Global | All segments; charges allocated across U.S. Morning Foods, U.S. Snacks, U.S. Specialty, North America Other, Europe, Latin America, Asia Pacific, and Corporate | USD 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. | |||
| 2014-06-28 | other | in_progress | 2014-03 | Memphis, TN, United States | Cereal 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. | ||||
| 2014-06-28 | restructuring | in_progress | 2013-11 | Global | Corporate and all segments | USD 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. | |||
| 2014-06-28 | other | in_progress | 2014-03 | United States | U.S. Morning Foods | other 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. | ||||
| 2014-06-28 | restructuring | in_progress | Other Restructuring | USD 70,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-28 | restructuring | in_progress | Asset Related Costs | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-28 | restructuring | in_progress | Employee Severance | USD 52,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-28 | restructuring | in_progress | USD 132,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-03-29 | restructuring | in_progress | 2013-11-01 | Global | All segments; majority of costs in Corporate | USD 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. | |||
| 2014-03-29 | other | in_progress | 2014-03-01 | Memphis, TN, United States | Cereal production facility | other 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. | ||||
| 2014-03-29 | restructuring | in_progress | 2013-11 | Global | All segments; Corporate ~57% of expected charges | USD 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. | |||
| 2014-03-29 | other | in_progress | 2014-03 | United States — Memphis, TN | Cereal production facility | other 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. | ||||
| 2014-03-29 | restructuring | in_progress | 2013-11-01 | Global | All segments | USD 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. | |||
| 2014-03-29 | other | announced | 2014-03-01 | United States | Manufacturing | other 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. | ||||
| 2014-03-29 | restructuring | in_progress | Employee Severance | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-29 | restructuring | in_progress | Asset Impairment | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-29 | restructuring | in_progress | Asset Related Costs | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-29 | restructuring | in_progress | Other Restructuring | USD 34,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-29 | restructuring | in_progress | USD 54,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-12-28 | restructuring | in_progress | 2013-11-04 | 2018-12-31 | Global | All reportable segments and Corporate | USD 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. | ||
| 2013-12-28 | restructuring | in_progress | Global | COGS (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. | ||||
| 2013-12-28 | plant_closure | in_progress | Australia | Asia Pacific | USD 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. | ||||
| 2013-12-28 | restructuring | in_progress | 2013-11-01 | 2017-12-31 | Global | All Segments | USD 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. | ||
| 2013-12-28 | restructuring | completed | Global | All Segments | USD 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. | ||||
| 2013-12-28 | restructuring | in_progress | 2013-11-01 | Global | All segments | USD 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. | |||
| 2013-12-28 | restructuring | completed | Global | All segments | USD 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. | ||||
| 2013-12-28 | plant_closure | completed | Australia | Asia Pacific | USD 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. | ||||
| 2013-12-28 | restructuring | in_progress | Employee Severance / Project K | USD 107,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-28 | restructuring | in_progress | Asset Impairment Charge / Project K | USD 66,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-28 | restructuring | in_progress | Asset Related Cost / Project K | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-28 | restructuring | in_progress | Other Restructuring / Project K | USD 29,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-12-28 | restructuring | in_progress | Project K | USD 208,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-28 | restructuring | in_progress | 2013-12-31 | Multiple 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. | ||||
| 2013-09-28 | restructuring | in_progress | 2013-12-31 | Europe | Europe Supply Chain | USD 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. | |||
| 2013-09-28 | restructuring | announced | 2013-11-04 | 2017-11-04 | Global | Global 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. | ||
| 2013-09-28 | plant_closure | in_progress | Australia | Asia Pacific | MD&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. | |||||
| 2013-09-28 | restructuring | in_progress | 2013-12-31 | Global | U.S. Morning Foods; U.S. Snacks; Europe; Asia Pacific | USD 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. | |||
| 2013-09-28 | restructuring | in_progress | 2013-12-31 | Europe | Europe Supply Chain | USD 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. | |||
| 2013-09-28 | restructuring | announced | 2013-11-04 | Global | All segments and Corporate | USD 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. | |||
| 2013-09-28 | restructuring | in_progress | 2013-11-04 | Global | Global | USD 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. | |||
| 2013-09-28 | restructuring | in_progress | 2013-12-31 | Europe | Supply Chain | USD 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. | |||
| 2013-09-28 | restructuring | in_progress | 2013-12-31 | Global | COGS and SGA | USD 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. | |||
| 2013-09-28 | restructuring | in_progress | Project K | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-29 | restructuring | in_progress | United States | U.S. Morning Foods; U.S. Snacks | USD 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. | ||||
| 2013-06-29 | plant_closure | in_progress | Australia | Asia Pacific | USD 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. | ||||
| 2013-06-29 | restructuring | in_progress | United States; Asia Pacific | U.S. Morning Foods; U.S. Snacks; Asia Pacific | USD 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. | ||||
| 2013-06-29 | plant_closure | completed | Australia | Asia Pacific | MD&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. | |||||
| 2013-06-29 | restructuring | in_progress | Asia Pacific | Asia Pacific | USD 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. | ||||
| 2013-06-29 | restructuring | in_progress | United States | U.S. Morning Foods | USD 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. | ||||
| 2013-06-29 | restructuring | in_progress | United States | U.S. Snacks | USD 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. | ||||
| 2013-06-29 | plant_closure | completed | Australia | Asia Pacific | MD&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. | |||||
| 2013-03-30 | restructuring | in_progress | United States | U.S. Morning Foods | USD 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 | ||||
| 2013-03-30 | restructuring | in_progress | United States | U.S. Snacks | USD 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 | ||||
| 2013-03-30 | restructuring | in_progress | Asia Pacific | Asia Pacific | USD 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 | ||||
| 2013-03-30 | plant_closure | in_progress | Australia | Asia Pacific | MD&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 | |||||
| 2013-03-30 | restructuring | in_progress | 2013-12-31 | United States | U.S. Morning Foods | USD 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. | |||
| 2013-03-30 | restructuring | in_progress | 2013-12-31 | United States | U.S. Snacks | USD 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. | |||
| 2013-03-30 | plant_closure | in_progress | 2013-12-31 | Australia | Asia Pacific | USD 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. | |||
| 2013-03-30 | acquisition_addition | in_progress | 2012-05-31 | 2013-05-31 | Global | U.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. | ||
| 2013-03-30 | restructuring | in_progress | 2013-12-31 | Asia Pacific | Asia Pacific | USD 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. | |||
| 2013-03-30 | restructuring | in_progress | 2013-12-31 | United States | U.S. Morning Foods | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of ongoing cost-reduction programs. | |||
| 2013-03-30 | restructuring | in_progress | 2013-12-31 | United States | U.S. Snacks | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of ongoing cost-reduction programs. | |||
| 2013-03-30 | plant_closure | completed | Australia | Asia Pacific | MD&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. | |||||
| 2012-12-29 | acquisition_addition | completed | 2012-05-31 | 2012-05-31 | Global | U.S. Snacks and international snacks | business_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. | |||
| 2012-12-29 | plant_closure | completed | Australia | Asia Pacific | USD 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. | ||||
| 2012-12-29 | divestiture_reduction | completed | China | Asia 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. | |||||
| 2012-12-29 | restructuring | in_progress | 2013-12-31 | United States, Europe, Asia Pacific | U.S. Morning Foods & Kashi, U.S. Snacks, Europe, Asia Pacific | USD 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. | |||
| 2012-12-29 | other | in_progress | United States | Multiemployer pension plan participation | USD -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. | ||||
| 2012-12-29 | restructuring | completed | 2012-01-01 | 2012-12-29 | Global | Various | USD 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. | ||
| 2012-12-29 | plant_closure | completed | 2012-01-01 | 2012-12-29 | Australia | Asia Pacific | USD 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. | ||
| 2012-12-29 | restructuring | completed | Global | Various | USD 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. | ||||
| 2012-12-29 | acquisition_addition | completed | 2012-05-31 | Global | Snacks | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquired Pringles business from P&G on May 31, 2012. Headcount added not explicitly disclosed. | ||||
| 2012-09-29 | restructuring | in_progress | United States | U.S. Snacks | USD 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 | ||||
| 2012-09-29 | restructuring | in_progress | United States | U.S. Morning Foods and Kashi | USD 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 | ||||
| 2012-09-29 | restructuring | in_progress | Europe | Europe | USD 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 | ||||
| 2012-09-29 | restructuring | in_progress | United States | U.S. Snacks | USD 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 | ||||
| 2012-09-29 | acquisition_addition | completed | 2012-05-31 | Global | Pringles business | USD 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 | |||
| 2012-09-29 | restructuring | in_progress | United States; Europe | U.S. Snacks; U.S. Morning Foods & Kashi; Europe | USD 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. | ||||
| 2012-09-29 | restructuring | in_progress | 2012-12-31 | United States; Europe | U.S. Snacks; U.S. Morning Foods & Kashi; Europe | USD 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. | |||
| 2012-09-29 | restructuring | in_progress | 2012-12-31 | U.S. Snacks | U.S. Snacks | USD 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. | |||
| 2012-09-29 | restructuring | in_progress | 2012-12-31 | U.S. Snacks | U.S. Snacks | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2012 costs included $2 million severance. Program expected to complete in 2012. | |||
| 2012-09-29 | restructuring | in_progress | 2012-12-31 | U.S. Morning Foods and Kashi | U.S. Morning Foods and Kashi | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2012 costs included $1 million severance. Program expected to complete in 2012. | |||
| 2012-09-29 | restructuring | in_progress | 2012-12-31 | Europe | Europe | USD 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. | |||
| 2012-06-30 | restructuring | in_progress | United States | U.S. Snacks | USD 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 | ||||
| 2012-06-30 | restructuring | in_progress | United States | U.S. Morning Foods and Kashi | USD 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 | ||||
| 2012-06-30 | restructuring | in_progress | Europe | Europe | USD 1 (millions) | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Asset write-offs recorded during quarter and YTD ended June 30, 2012 | ||||
| 2012-06-30 | acquisition_addition | completed | 2012-05-31 | 2012-05-31 | International snacks / U.S. Snacks | USD 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 | |||
| 2012-06-30 | restructuring | in_progress | United States; Europe | U.S. Snacks; U.S. Morning Foods and Kashi; Europe | USD 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. | ||||
| 2012-06-30 | acquisition_addition | completed | 2012-05-31 | Global | Snacks (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. | ||||
| 2012-06-30 | restructuring | in_progress | U.S. Snacks | U.S. Snacks | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs recorded in Q2 2012 for ongoing cost-reduction programs. | ||||
| 2012-06-30 | restructuring | in_progress | U.S. Morning Foods and Kashi | U.S. Morning Foods and Kashi | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance costs recorded in Q2 2012 for ongoing cost-reduction programs. | ||||
| 2012-06-30 | restructuring | in_progress | Europe | Europe | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Asset write-offs recorded in Q2 2012 for ongoing cost-reduction programs. | ||||
| 2012-03-31 | restructuring | in_progress | U.S. Morning Foods and Kashi; U.S. Snacks; U.S. Specialty; North America Other; Europe; Asia Pacific; Latin America | USD 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. | |||||
| 2012-03-31 | restructuring | in_progress | Europe | Europe | USD 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. | ||||
| 2012-03-31 | acquisition_addition | announced | 2012-02-15 | 2012-06-30 | Snacks (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. | |||
| 2012-03-31 | restructuring | in_progress | Multiple (U.S., Europe, Asia Pacific, Latin America) | Multiple segments; cost-reduction programs across COGS and SGA | USD 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. | ||||
| 2012-03-31 | acquisition_addition | announced | 2012-02-15 | 2012-06-30 | Global | Pringles business | USD 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. | ||
| 2012-03-31 | restructuring | in_progress | Global | Various (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. | ||||
| 2011-12-31 | restructuring | in_progress | 2009 | Europe | COGS program — global manufacturing network optimization | USD 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 | |||
| 2011-12-31 | restructuring | in_progress | 2009 | United States; Europe | SGA programs — global support functions | USD 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 | |||
| 2011-12-31 | acquisition_addition | announced | 2012-02-15 | 2012-06-30 | Global | Snacks | subsequent_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 | |||
| 2011-12-31 | divestiture_reduction | completed | China | Cookies 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 | |||||
| 2011-12-31 | restructuring | completed | Global | Various (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. | ||||
| 2011-12-31 | restructuring | in_progress | Global | Various (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. | ||||
| 2011-10-01 | restructuring | in_progress | 2009-01-01 | Europe | Cost of goods sold (COGS) program | USD 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. | |||
| 2011-10-01 | restructuring | in_progress | 2009-01-01 | North America | Selling, general and administrative (SGA) programs | USD 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. | |||
| 2011-10-01 | restructuring | in_progress | 2009-01-01 | COGS and SGA cost-reduction programs | USD 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. | ||||
| 2011-10-01 | restructuring | in_progress | 2009 | 2011-12-31 | North America; Europe; Asia Pacific | Manufacturing / COGS functions | USD 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. | ||
| 2011-10-01 | restructuring | in_progress | 2009 | 2011-12-31 | North America; Europe; Asia Pacific; Latin America | Corporate / 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. | ||
| 2011-10-01 | restructuring | in_progress | 2011-12-31 | Global | Cost 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. | |||
| 2011-10-01 | restructuring | in_progress | 2011-12-31 | Global | Selling, 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. | |||
| 2011-07-02 | restructuring | in_progress | 2009-01-01 | Global | Manufacturing 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. | |||
| 2011-07-02 | restructuring | in_progress | 2009-01-01 | Global | Support 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. | |||
| 2011-07-02 | restructuring | in_progress | 2009 | 2011-12-31 | Global (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. | ||
| 2011-07-02 | restructuring | in_progress | 2009 | 2011-12-31 | Global (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. | ||
| 2011-07-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | North America | Cost 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. | ||
| 2011-07-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | Europe | Cost 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. | ||
| 2011-07-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | Asia Pacific | Cost 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. | ||
| 2011-07-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | North America | Selling, 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. | ||
| 2011-07-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | Europe | Selling, 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. | ||
| 2011-07-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | Asia Pacific | Selling, 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. | ||
| 2011-07-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | Latin America | Selling, 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. | ||
| 2011-04-02 | restructuring | in_progress | 2009-01-01 | Global | Cost 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. | |||
| 2011-04-02 | restructuring | in_progress | 2009-01-01 | Global | Selling, general and administrative support functions | USD 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. | |||
| 2011-04-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | North America; Europe; Asia Pacific | Manufacturing / 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. | ||
| 2011-04-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | North America; Europe; Asia Pacific; Latin America | Corporate 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. | ||
| 2011-04-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | Global | Cost 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. | ||
| 2011-04-02 | restructuring | in_progress | 2009-01-01 | 2011-12-31 | Global | Selling, General and Administrative | USD 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. | ||
| 2011-04-02 | restructuring | in_progress | COGS Program [Member] / Europe [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-04-02 | restructuring | in_progress | COGS Program [Member] / Total Project Cost [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-04-02 | restructuring | in_progress | SGA Programs [Member] / Asia Pacific [Member] | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-04-02 | restructuring | in_progress | SGA Programs [Member] / Europe [Member] | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-04-02 | restructuring | in_progress | SGA Programs [Member] / North America [Member] | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-04-02 | restructuring | in_progress | SGA Programs [Member] / Total Project Cost [Member] | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-01-01 | restructuring | in_progress | Europe | COGS 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. | ||||
| 2011-01-01 | restructuring | in_progress | North America | SGA 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. | ||||
| 2011-01-01 | restructuring | in_progress | Europe | SGA 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. | ||||
| 2011-01-01 | restructuring | in_progress | Asia Pacific | SGA 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. | ||||
| 2011-01-01 | restructuring | completed | 2009-01-01 | 2011-01-01 | Global | Various | USD 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. | ||
| 2011-01-01 | restructuring | completed | 2009-01-01 | 2011-01-01 | Global | Manufacturing and Support Functions | USD 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. | ||
| 2011-01-01 | acquisition_addition | completed | 1,800 | 2008-06-01 | 2008-06-01 | China | Asia Pacific | business_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. | ||
| 2011-01-01 | acquisition_addition | completed | 4,000 | 2008-01-01 | 2008-01-01 | Russia | Europe | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of United Bakers (OJSC Kreker) in January 2008 included approximately 4,000 employees. | ||
| 2011-01-01 | restructuring | in_progress | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2011-01-01 | restructuring | in_progress | Selling, General, Administrative Expense [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-01-01 | restructuring | in_progress | SGA Programs [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-01-01 | restructuring | in_progress | Cost of goods sold [Member] / Europe [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-01-01 | restructuring | in_progress | K LEAN [Member] / Europe [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-01-01 | restructuring | in_progress | Selling, General, Administrative Expense [Member] / Asia Pacific [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-01-01 | restructuring | in_progress | Selling, General, Administrative Expense [Member] / Europe [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-01-01 | restructuring | in_progress | Selling, General, Administrative Expense [Member] / North America [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-01-01 | restructuring | in_progress | SGA Programs [Member] / Asia Pacific [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-01-01 | restructuring | in_progress | SGA Programs [Member] / Europe [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-01-01 | restructuring | in_progress | SGA Programs [Member] / North America [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-10-02 | restructuring | in_progress | 2009 | Global manufacturing facilities | Cost 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. | |||
| 2010-10-02 | restructuring | in_progress | 2009 | 2010-12-31 | Selling, general and administrative support functions | USD 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. | |||
| 2010-10-02 | restructuring | in_progress | 2009 | Global (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. | |||
| 2010-10-02 | restructuring | in_progress | 2009 | 2010-12-31 | Global (North America, Europe, Asia Pacific) | SGA programs — support function efficiency | USD 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. | ||
| 2010-10-02 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Global | Cost 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. | ||
| 2010-10-02 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Global | Selling, General and Administrative | USD 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. | ||
| 2010-10-02 | restructuring | in_progress | COGS Programs [Member] / Europe [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-10-02 | restructuring | in_progress | COGS Programs [Member] / North America [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-10-02 | restructuring | in_progress | COGS Programs [Member] / Total Project Cost [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-10-02 | restructuring | in_progress | SGA Programs [Member] / Asia Pacific [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-10-02 | restructuring | in_progress | SGA Programs [Member] / Europe [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-10-02 | restructuring | in_progress | SGA Programs [Member] / North America [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-10-02 | restructuring | in_progress | SGA Programs [Member] / Total Project Cost [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-07-03 | restructuring | in_progress | 2009-01-01 | Global | Manufacturing (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. | |||
| 2010-07-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Global | Support 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. | ||
| 2010-07-03 | plant_closure | completed | 2009-04-04 | 2009-12-31 | Bremen, Germany | Manufacturing (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. | ||
| 2010-07-03 | restructuring | in_progress | 2009 | Global | Manufacturing (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. | |||
| 2010-07-03 | restructuring | in_progress | 2009 | 2010-12-31 | Global | Support 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. | ||
| 2010-07-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Global | Cost 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. | ||
| 2010-07-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Global | Selling, General and Administrative | USD 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. | ||
| 2010-04-03 | restructuring | in_progress | 2009-01-02 | 2010-12-31 | Global (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. | ||
| 2010-04-03 | restructuring | in_progress | 2009-01-02 | 2010-12-31 | Global (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. | ||
| 2010-04-03 | plant_closure | completed | Brazil | Latin America | MD&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. | |||||
| 2010-04-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | North America | Cost 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. | ||
| 2010-04-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Europe | Cost 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. | ||
| 2010-04-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Asia Pacific | Cost 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. | ||
| 2010-04-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | North America | Selling, General and Administrative | USD 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. | ||
| 2010-04-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Europe | Selling, General and Administrative | USD 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. | ||
| 2010-04-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Latin America | Selling, General and Administrative | USD 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. | ||
| 2010-04-03 | restructuring | in_progress | 2009-01-01 | 2010-12-31 | Asia Pacific | Selling, General and Administrative | USD 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. | ||
| 2010-01-02 | restructuring | in_progress | North America | Manufacturing — K LEAN COGS program | USD 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. | ||||
| 2010-01-02 | restructuring | in_progress | Europe | Manufacturing — K LEAN COGS program | USD 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. | ||||
| 2010-01-02 | restructuring | in_progress | Asia Pacific | Manufacturing — K LEAN COGS program | USD 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. | ||||
| 2010-01-02 | restructuring | in_progress | North America | Support functions — SGA programs | USD 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. | ||||
| 2010-01-02 | restructuring | in_progress | Europe | Support functions — SGA programs | USD 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. | ||||
| 2010-01-02 | restructuring | in_progress | Latin America | Support functions — SGA programs | USD 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. | ||||
| 2010-01-02 | restructuring | in_progress | Asia Pacific | Support functions — SGA programs | USD 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. | ||||
| 2010-01-02 | restructuring | in_progress | Germany | Manufacturing — 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. | ||||
| 2010-01-02 | plant_closure | completed | Guatemala | Manufacturing — Latin America supply chain rationalization | USD 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. | ||||
| 2010-01-02 | restructuring | completed | Global | Manufacturing and Support Functions | USD 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. | ||||
| 2010-01-02 | acquisition_addition | completed | 1,800 | 2008-06-01 | China | Asia Pacific | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Navigable Foods included approximately 1,800 employees. | |||
| 2010-01-02 | acquisition_addition | completed | 4,000 | 2008-01-01 | Russia | Europe | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of United Bakers included approximately 4,000 employees. | |||
| 2010-01-02 | restructuring | completed | Global | COGS and SGA | USD 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. | ||||
| 2010-01-02 | acquisition_addition | completed | 1,800 | 2008-06-01 | China | Asia Pacific | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquired majority interest in Zhenghang Food Company Ltd. (Navigable Foods). | |||
| 2010-01-02 | acquisition_addition | completed | 4,000 | 2008-01-01 | Russia | Europe | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquired OJSC Kreker (United Bakers). | |||
| 2009-10-03 | restructuring | in_progress | 2010-12-31 | Global | Manufacturing 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. | |||
| 2009-10-03 | restructuring | completed | 2009-10-03 | Germany | Manufacturing (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. | |||
| 2009-10-03 | plant_closure | in_progress | 2009-12-31 | Guatemala | Supply 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. | |||
| 2009-10-03 | restructuring | in_progress | 2010-12-31 | Global | Support 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). | |||
| 2009-10-03 | restructuring | in_progress | 2010-12-31 | Global | Manufacturing / COGS | USD 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. | |||
| 2009-10-03 | restructuring | completed | 2009-09-30 | Germany | Europe — 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. | |||
| 2009-10-03 | plant_closure | in_progress | 2009-12-31 | Latin America (Guatemala) | Latin America — supply chain network rationalization | USD 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. | |||
| 2009-10-03 | restructuring | in_progress | 2010-03-31 | Global | Support functions — SGA programs | USD 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. | |||
| 2009-10-03 | restructuring | in_progress | 2010-03-31 | Global | COGS and SGA | USD 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. | |||
| 2009-10-03 | restructuring | in_progress | 2010-03-31 | Global | COGS and SGA | USD 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. | |||
| 2009-10-03 | other | in_progress | Global | COGS and SGA | USD 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. | ||||
| 2009-10-03 | other | in_progress | Global | COGS and SGA | USD 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. | ||||
| 2009-07-04 | restructuring | in_progress | 2010-12-31 | Global | Manufacturing (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. | |||
| 2009-07-04 | restructuring | in_progress | 2009-12-31 | Germany | Manufacturing (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. | |||
| 2009-07-04 | restructuring | in_progress | 2010-12-31 | North America | Support 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. | |||
| 2009-07-04 | acquisition_addition | completed | 1,800 | 2008-06-30 | China | Asia Pacific | USD 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. | ||
| 2009-07-04 | acquisition_addition | completed | 4,000 | 2008-01-31 | Russia | Europe | USD 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. | ||
| 2009-07-04 | restructuring | in_progress | 2010 | North America | North 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. | |||
| 2009-07-04 | restructuring | in_progress | 2010 | Europe | Europe — 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. | |||
| 2009-07-04 | plant_closure | in_progress | 2009 | Germany | Europe — manufacturing optimization, Bremen plant | USD 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. | |||
| 2009-07-04 | restructuring | in_progress | 2010 | North America | North 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. | |||
| 2009-07-04 | restructuring | in_progress | 2010-12-31 | Global | Manufacturing | USD 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. | |||
| 2009-07-04 | restructuring | in_progress | 2009-12-31 | Europe | Manufacturing | USD 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. | |||
| 2009-07-04 | restructuring | in_progress | 2010-12-31 | North America | Selling, General & Administrative | USD 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. | |||
| 2009-04-04 | restructuring | in_progress | 2010-12-31 | Global | Global manufacturing network | USD 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. | |||
| 2009-04-04 | restructuring | in_progress | 2010-12-31 | Global | North America (severance charges); global manufacturing facilities | USD 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 | |||
| 2009-04-04 | restructuring | in_progress | 2009-12-31 | Global | North 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 | |||
| 2009-04-04 | restructuring | in_progress | 2010-12-31 | Global | Manufacturing | USD 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. | |||
| 2009-04-04 | restructuring | in_progress | 2009-12-31 | Global | Manufacturing | USD 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. | |||
| 2009-01-03 | restructuring | completed | 120 | 2008-12-31 | Latin America | Salaried positions | USD 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 | ||
| 2009-01-03 | restructuring | completed | 220 | 2008-12-31 | United Kingdom | Europe 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 | ||
| 2009-01-03 | restructuring | completed | 120 | 2007-10-01 | 2008-12-31 | Spain and Germany | Europe 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 | |
| 2009-01-03 | restructuring | in_progress | 2009-12-31 | United States, Latin America, Europe | Manufacturing (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 | |||
| 2009-01-03 | acquisition_addition | completed | 4,000 | 2008-01-01 | 2008-01-01 | Russia | Europe segment | business_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 | ||
| 2009-01-03 | acquisition_addition | completed | 1,800 | 2008-06-01 | 2008-06-01 | China | Asia Pacific segment | business_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 | ||
| 2009-01-03 | acquisition_addition | completed | 2008-09-01 | 2008-09-01 | Australia | Asia Pacific segment | business_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 | |||
| 2009-01-03 | acquisition_addition | completed | 2008-08-01 | 2008-08-01 | United States | North America segment | business_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 | |||
| 2009-01-03 | restructuring | completed | 120 | 2008-10-01 | 2008-12-31 | Latin America | Salaried positions | USD 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. | |
| 2009-01-03 | restructuring | completed | 220 | 2006-01-01 | 2008-12-31 | Europe | Manufacturing | USD 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. | |
| 2009-01-03 | restructuring | completed | 120 | 2007-10-01 | 2008-12-31 | Europe | Manufacturing | USD 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. | |
| 2009-01-03 | restructuring | completed | 300 | 2007-07-01 | 2008-12-31 | United States | Distribution | USD 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. | |
| 2009-01-03 | restructuring | completed | 120 | 2008-10-01 | 2008-12-31 | Latin America | Salaried positions | USD 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. | |
| 2009-01-03 | restructuring | completed | 220 | 2006-01-01 | 2008-12-31 | Europe (Manchester, England) | Hourly and salaried positions | USD 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. | |
| 2009-01-03 | restructuring | completed | 120 | 2007-10-01 | 2008-12-31 | Europe (Valls, Spain and Bremen, Germany) | Employee positions | USD 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. | |
| 2009-01-03 | restructuring | completed | 300 | 2007-07-01 | 2008-12-31 | United States (Southeastern) | Direct store-door delivery (DSD) operations | USD 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. | |
| 2009-01-03 | acquisition_addition | completed | 1,800 | 2008-06-01 | 2008-06-30 | China | Asia Pacific | business_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. | ||
| 2009-01-03 | acquisition_addition | completed | 4,000 | 2008-01-01 | 2008-01-31 | Russia | Europe | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of OJSC Kreker (United Bakers). Included approximately 4,000 employees. | ||
| 2008-09-27 | restructuring | in_progress | 2006-01-01 | Manchester, England | Europe | USD 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. | |||
| 2008-09-27 | restructuring | in_progress | 2007-10-01 | 2008-12-31 | Valls, Spain and Bremen, Germany | Europe | USD 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. | ||
| 2008-09-27 | restructuring | completed | 2007-01-01 | Southeastern United States | North America | USD 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. | |||
| 2008-09-27 | restructuring | completed | 2008-01-01 | Mexico | Latin America | USD 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. | |||
| 2008-09-27 | acquisition_addition | completed | 4,000 | 2008-01-01 | Russia | Europe | USD 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. | ||
| 2008-09-27 | acquisition_addition | completed | 1,800 | 2008-06-01 | China | Asia Pacific | USD 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. | ||
| 2008-09-27 | restructuring | in_progress | 2006-01-01 | Manchester, England (United Kingdom) | Europe — manufacturing | USD 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. | |||
| 2008-09-27 | restructuring | in_progress | 2007-10-01 | 2008-12-31 | Valls, Spain and Bremen, Germany | Europe — manufacturing | USD 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. | ||
| 2008-09-27 | acquisition_addition | completed | 4,000 | 2008-01-01 | Russia | Cereal, cookie and cracker manufacturing | business_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. | |||
| 2008-09-27 | acquisition_addition | completed | 1,800 | 2008-06-01 | China (northern and northeastern regions) | Cookies and crackers manufacturing | business_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. | |||
| 2008-09-27 | acquisition_addition | completed | 2008-09-01 | Sydney, Australia | Natural ready-to-eat cereals | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired for $37M including transaction fees; no employee count disclosed. | ||||
| 2008-09-27 | acquisition_addition | completed | 2008-08-01 | Indiana and Illinois, United States | Contract 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. | ||||
| 2008-09-27 | restructuring | completed | 2007-01-01 | 2007-12-31 | Southeastern United States | North America — direct store-door delivery operations | USD 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. | ||
| 2008-09-27 | restructuring | completed | 2008-04-01 | Mexico | Latin America — manufacturing facility | USD 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. | |||
| 2008-09-27 | acquisition_addition | completed | 1,800 | 2008-06-01 | China | Asia Pacific | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of majority interest in Navigable Foods (Zhenghang Food Company Ltd.). | |||
| 2008-09-27 | acquisition_addition | completed | 4,000 | 2008-01-01 | Russia | Europe | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of United Bakers (OJSC Kreker). | |||
| 2008-09-27 | restructuring | in_progress | 2006-01-01 | Europe | Manufacturing | USD 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. | |||
| 2008-09-27 | restructuring | in_progress | 2007-10-01 | 2008-12-31 | Europe | Manufacturing | USD 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. | ||
| 2008-09-27 | other | completed | 900 | 2008-04-25 | Global | Corporate | USD 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. | ||
| 2008-09-27 | restructuring | completed | 2008-01-01 | Mexico | Latin America | USD 10 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of labor force at manufacturing facility. $10M expense incurred in Q1 2008. | |||
| 2008-06-28 | restructuring | in_progress | Manchester, England | Europe | USD 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. | ||||
| 2008-06-28 | restructuring | in_progress | 2007-10-01 | 2008-12-31 | Valls, Spain and Bremen, Germany | Europe | USD 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. | ||
| 2008-06-28 | restructuring | completed | Mexico | Latin America | USD 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. | ||||
| 2008-06-28 | other | completed | 900 | 2008-04-25 | Corporate | USD 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. | |||
| 2008-06-28 | acquisition_addition | completed | 4,000 | 2008-01-16 | Russia | Europe | USD 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. | ||
| 2008-06-28 | acquisition_addition | completed | 1,800 | 2008-06-30 | China (northern and northeastern regions) | Asia Pacific | USD 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. | ||
| 2008-06-28 | acquisition_addition | completed | 4,000 | 2008-01-16 | Russia | Europe | business_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. | |||
| 2008-06-28 | acquisition_addition | completed | 1,800 | 2008-06-30 | China | Asia Pacific | business_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. | |||
| 2008-06-28 | restructuring | in_progress | United Kingdom | Europe — 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. | ||||
| 2008-06-28 | restructuring | in_progress | 2007-10-01 | 2008-12-31 | Spain; Germany | Europe — 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. | ||
| 2008-06-28 | acquisition_addition | completed | 4,000 | 2008-01-16 | Russia | Europe | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of United Bakers (OJSC Kreker), a leading producer of cereal, cookie, and cracker products. | |||
| 2008-06-28 | acquisition_addition | completed | 1,800 | 2008-06-30 | China | Asia Pacific | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of majority interest in Zhenghang Food Company Ltd. (Navigable Foods), manufacturer of cookies and crackers. | |||
| 2008-06-28 | restructuring | in_progress | 2006-01-01 | Europe | Manufacturing | USD 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. | |||
| 2008-06-28 | restructuring | in_progress | 2007-10-01 | 2008-12-31 | Europe | Manufacturing | restructuring_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. | |||
| 2008-06-28 | restructuring | completed | 2008-01-01 | Mexico | Manufacturing | USD 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. | |||
| 2008-03-29 | acquisition_addition | completed | 4,000 | 2008-01-16 | Russia | Europe | USD 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. | ||
| 2008-03-29 | restructuring | in_progress | 2006-01-01 | Europe | European 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). | |||
| 2008-03-29 | restructuring | in_progress | 2007-10-01 | 2008-06-30 | Spain and Germany | Reorganization of production processes at Valls, Spain and Bremen, Germany plants | USD 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. | ||
| 2008-03-29 | restructuring | completed | 2008-01-01 | Mexico | Latin America | USD 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. | |||
| 2008-03-29 | acquisition_addition | completed | 4,000 | 2008-01-16 | Russia | Europe | business_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. | |||
| 2008-03-29 | restructuring | in_progress | 2006-01-01 | United Kingdom | Europe | USD 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. | |||
| 2008-03-29 | restructuring | in_progress | 2007-10-01 | 2008-06-30 | Spain; Germany | Europe | USD 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. | ||
| 2008-03-29 | restructuring | completed | Mexico | Latin America | USD 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. | ||||
| 2008-03-29 | acquisition_addition | completed | 4,000 | 2008-01-16 | Russia | Europe | USD 110 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of OJSC Kreker (United Bakers). Approximately 4,000 employees acquired. | ||
| 2008-03-29 | restructuring | in_progress | 2006-01-01 | Europe | Manufacturing | USD 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. | |||
| 2008-03-29 | restructuring | in_progress | 2008-01-01 | Mexico | Latin America | USD 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. | |||
| 2007-12-29 | restructuring | completed | 300 | 2007-07-01 | 2007-12-29 | United States (southeastern region) | North America — direct store-door delivery operations | USD 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. | |
| 2007-12-29 | plant_closure | in_progress | 220 | 2006-09-01 | 2008-12-31 | United Kingdom (Manchester) | Europe — manufacturing | USD 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. | |
| 2007-12-29 | restructuring | in_progress | 120 | 2007-10-01 | 2008-06-30 | Germany (Bremen) and Spain (Valls) | Europe — manufacturing and distribution | USD 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. | |
| 2007-12-29 | acquisition_addition | completed | 2007-11-01 | 2007-11-05 | United States | North America — snacks and natural/organic foods | USD 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. | ||
| 2007-12-29 | acquisition_addition | announced | 4,000 | 2008-01-16 | 2008-01-16 | Russia | International — cereal, cookie and cracker manufacturing | USD 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. | |
| 2007-12-29 | restructuring | completed | 220 | 2006-09-01 | 2008-12-31 | Europe | Manufacturing | USD 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. | |
| 2007-12-29 | restructuring | in_progress | 120 | 2007-10-01 | 2008-06-30 | Europe | Manufacturing | USD 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. | |
| 2007-12-29 | restructuring | completed | 300 | 2007-07-01 | 2007-12-31 | United States | Sales & Marketing | USD 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. | |
| 2007-12-29 | restructuring | completed | 220 | 2006-01-01 | 2008-12-31 | Europe | Manufacturing | USD 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. | |
| 2007-12-29 | restructuring | in_progress | 120 | 2007-10-01 | 2008-06-30 | Europe | Manufacturing | USD 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. | |
| 2007-12-29 | restructuring | completed | 300 | 2007-07-01 | 2007-12-31 | United States | Sales & Marketing | USD 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. | |
| 2007-12-29 | acquisition_addition | completed | 2007-11-01 | 2007-11-01 | United States | North America | USD 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. | ||
| 2007-09-29 | restructuring | in_progress | 220 | 2006-01-01 | 2008-12-31 | Manchester, England (Europe) | Europe — manufacturing | USD 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. | |
| 2007-09-29 | restructuring | in_progress | 300 | 2007-07-01 | 2007-12-31 | Southeastern United States | North America — direct store-door (DSD) delivery operations | USD 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. | |
| 2007-09-29 | restructuring | announced | 120 | 2007-10-26 | 2008-06-30 | Valls, Spain and Bremen, Germany (continental Europe) | Europe — manufacturing and distribution | USD 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. | |
| 2007-09-29 | acquisition_addition | announced | 2007-11-01 | United States | North 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. | |||
| 2007-09-29 | acquisition_addition | announced | 2007-11-05 | United States | North 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. | |||
| 2007-09-29 | restructuring | in_progress | 220 | 2006 | 2008-12-31 | Manchester, England, United Kingdom | Europe — manufacturing | USD 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. | |
| 2007-09-29 | restructuring | in_progress | 300 | 2007-07 | 2007-12-31 | Southeastern United States | North America — direct store-door delivery (DSD) operations | USD 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. | |
| 2007-09-29 | restructuring | announced | 120 | 2007-10-26 | 2008-06-30 | Valls, Spain and Bremen, Germany | Europe — manufacturing | USD 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. | |
| 2007-09-29 | acquisition_addition | announced | 2007-11-01 | 2007-11-01 | United States | Natural granola products | subsequent_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. | |||
| 2007-09-29 | acquisition_addition | announced | 2007-11-05 | 2007-11-05 | United States | Veggie 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. | |||
| 2007-09-29 | restructuring | in_progress | 220 | 2006-01-01 | 2008-12-31 | Europe | Manufacturing | USD 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. | |
| 2007-09-29 | restructuring | in_progress | 300 | 2007-07-01 | 2007-12-31 | United States | Sales & Marketing | USD 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. | |
| 2007-09-29 | restructuring | announced | 120 | 2007-10-26 | 2008-06-30 | Europe | Manufacturing | USD 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. | |
| 2007-06-30 | restructuring | in_progress | 220 | 2006-01-01 | 2008-12-31 | Manchester, England (Europe) | Europe operating segment — manufacturing | USD 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. | |
| 2007-06-30 | restructuring | in_progress | 300 | 2007-06-27 | 2007-12-31 | Southeastern United States | North 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. | |
| 2007-06-30 | other | in_progress | 2007-06-27 | 2007-12-31 | Southeastern United States | North America operating segment — distribution | USD 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. | ||
| 2007-06-30 | restructuring | in_progress | 220 | 2006 | 2008-12-31 | Manchester, England (Europe) | Europe — manufacturing | USD 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. | |
| 2007-06-30 | restructuring | in_progress | 300 | 2007-06-27 | 2007-12-31 | Southeastern United States | North America — direct store-door delivery (DSD) operations | USD 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. | |
| 2007-06-30 | restructuring | in_progress | 220 | 2006-01-01 | 2008-12-31 | Europe | Manufacturing | USD 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. | |
| 2007-06-30 | restructuring | announced | 300 | 2007-06-27 | 2007-12-31 | United States | Sales & Marketing | USD 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. | |
| 2007-03-31 | restructuring | in_progress | 2008-12-31 | Europe | Europe operating segment | USD 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. | |||
| 2007-03-31 | restructuring | completed | 2006-12-30 | United States | North America operating segment | USD 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. | |||
| 2007-03-31 | restructuring | in_progress | 2008 | Europe | Europe operating segment | USD 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. | |||
| 2007-03-31 | restructuring | in_progress | 2008-12-31 | Europe | Manufacturing | USD 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. | |||
| 2006-12-30 | restructuring | in_progress | 220 | 2006-09 | 2008-12-31 | Manchester, England, United Kingdom | Europe manufacturing | USD 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 | |
| 2006-12-30 | voluntary_separation | in_progress | 80 | 2006 | 2007-03-31 | United States | North America cereal manufacturing network | USD 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 | |
| 2006-12-30 | plant_closure | completed | 2005 | 2006-09-30 | United States | North America snacks bakery capacity consolidation | USD 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 | ||
| 2006-12-30 | other | completed | 2006-10-01 | 2006-12-31 | Latin America | Sales and distribution | USD 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 | ||
| 2006-12-30 | restructuring | completed | 2006 | 2006-12-30 | North America | Manufacturing | USD 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. | ||
| 2006-12-30 | restructuring | in_progress | 220 | 2006 | 2008-12-31 | Europe | Manufacturing | USD 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. | |
| 2006-12-30 | acquisition_addition | completed | 400 | 2005-06 | 2005-06 | United States | Manufacturing | MD&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. | ||
| 2006-12-30 | restructuring | in_progress | 220 | 2006-09-01 | 2008-12-31 | Europe | Manufacturing | USD 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. | |
| 2006-12-30 | restructuring | completed | 80 | 2006-01-01 | 2007-03-31 | United States | Manufacturing | USD 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. | |
| 2006-12-30 | restructuring | completed | 2006-01-01 | 2006-12-30 | Latin America | Sales & Marketing | USD 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. | ||
| 2006-12-30 | plant_closure | completed | 700 | 2005-01-01 | 2006-09-30 | United States | Manufacturing | USD 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. | |
| 2006-12-30 | acquisition_addition | completed | 400 | 2005-06-01 | 2005-06-01 | United States | Manufacturing | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of fruit snacks manufacturing facility from Kraft Foods Inc. in Chicago, Illinois. | ||
| 2006-09-30 | plant_closure | completed | 2005-01-01 | 2006-04-30 | United States | North America - U.S. snacks/bakery | USD 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. | ||
| 2006-09-30 | reduction_in_force | completed | 700 | 2005-01-01 | 2006-09-30 | United States | North America - U.S. bakery consolidation | restructuring_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. | ||
| 2006-09-30 | restructuring | in_progress | 220 | 2006-09-01 | 2008-12-31 | United Kingdom / Europe | Europe - Manchester, England manufacturing facility | USD 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. | |
| 2006-09-30 | plant_closure | in_progress | 700 | 2005-01-01 | 2006-12-30 | United States | North 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. | |
| 2006-09-30 | restructuring | in_progress | 220 | 2006-09-01 | 2008-12-31 | United Kingdom | Europe (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. | |
| 2006-09-30 | restructuring | in_progress | 700 | 2005-01-01 | 2006-12-31 | United States | North America | USD 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. | |
| 2006-09-30 | restructuring | announced | 220 | 2006-09-01 | 2008-12-31 | Europe | Europe | USD 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. | |
| 2006-07-01 | plant_closure | completed | 2006-04-30 | Macon, Georgia, United States | North 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. | |||
| 2006-07-01 | plant_closure | completed | 2005-12-31 | Des Plaines, Illinois, United States | North 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. | |||
| 2006-07-01 | restructuring | in_progress | 2006-12-30 | United States | North 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. | |||
| 2006-07-01 | plant_closure | completed | United States — Macon, Georgia | North America — U.S. bakery operations | USD 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. | ||||
| 2006-07-01 | restructuring | in_progress | United States | North America — U.S. bakery operations | USD 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. | ||||
| 2006-07-01 | restructuring | in_progress | United States | North America | USD 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. | ||||
| 2006-07-01 | restructuring | in_progress | United States | North America | USD 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. | ||||
| 2006-04-01 | plant_closure | completed | 2006-04-01 | Macon, Georgia, United States | North 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. | |||
| 2006-04-01 | plant_closure | completed | 2005-12-31 | Des Plaines, Illinois, United States | North 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. | |||
| 2006-04-01 | other | in_progress | 2008-01-01 | Macon, Georgia, United States | North America | USD 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. | |||
| 2006-04-01 | plant_closure | completed | 2006-04 | United States — Macon, Georgia | North America — U.S. bakery operations | USD 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). | |||
| 2006-04-01 | plant_closure | completed | 2006-04-01 | United States | North America | USD 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. | |||
| 2006-04-01 | restructuring | in_progress | United States | North America | USD 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. | ||||
| 2005-12-31 | restructuring | in_progress | 350 | 2006-06-30 | United States | North 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. | ||
| 2005-12-31 | plant_closure | completed | 2005-06-30 | United States | North America — meat alternatives manufacturing | USD 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. | |||
| 2005-12-31 | acquisition_addition | completed | 400 | 2005-06 | United States (Chicago, Illinois) | North America — fruit snacks | business_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. | |||
| 2005-12-31 | other | completed | United States | North 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. | ||||
| 2005-12-31 | restructuring | in_progress | 350 | 2005 | 2006-06-30 | United States | Snacks | USD 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. | |
| 2005-12-31 | restructuring | completed | 280 | 2004 | 2005-06-30 | United States | Meat Alternatives | USD 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. | |
| 2005-12-31 | acquisition_addition | completed | 400 | 2005-06 | 2005-06 | United States | Fruit Snacks | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of fruit snacks manufacturing facility from Kraft Foods Inc. in Chicago, IL. | ||
| 2005-12-31 | restructuring | in_progress | 350 | 2005 | 2006-06-30 | United States | North America Snacks | USD 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. | |
| 2005-12-31 | restructuring | completed | 280 | 2004 | 2005-06-30 | United States | North America Meat Alternatives | USD 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. | |
| 2005-12-31 | acquisition_addition | completed | 400 | 2005-06 | 2005-06 | United States | North America Snacks | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of fruit snacks manufacturing facility from Kraft Foods Inc. in Chicago, Illinois. | ||
| 2005-10-01 | plant_closure | in_progress | 2005-01-01 | 2005-12-31 | Des Plaines, Illinois, United States | North America snacks business | MD&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. | |||
| 2005-10-01 | plant_closure | in_progress | 2005-01-01 | 2006-06-30 | Macon, Georgia, United States | North America snacks business | MD&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. | |||
| 2005-10-01 | restructuring | in_progress | 750 | 2005-01-01 | 2006-06-30 | United States | North America snacks business | USD 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. | |
| 2005-10-01 | plant_closure | completed | 280 | 2004-01-01 | 2005-06-30 | Worthington, Ohio, United States | North America — meat alternatives manufacturing | USD 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. | |
| 2005-10-01 | acquisition_addition | completed | 400 | 2005-06-01 | 2005-06-30 | Chicago, Illinois, United States | North America fruit snacks business | USD 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. | |
| 2005-10-01 | other | completed | 2005-10-01 | United States | U.S. cereal plants | USD 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. | |||
| 2005-10-01 | plant_closure | in_progress | 750 | 2006-06-30 | United States (Illinois and Georgia) | North America snacks manufacturing | USD 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). | ||
| 2005-10-01 | plant_closure | completed | 280 | 2005-06-30 | United States (Ohio) | North America meat alternatives manufacturing | USD 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. | ||
| 2005-10-01 | acquisition_addition | completed | 400 | 2005-06-30 | 2005-06-30 | United States (Chicago, Illinois) | North America fruit snacks manufacturing | USD 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. | |
| 2005-10-01 | other | completed | 2005-10-31 | United States | U.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. | |||
| 2005-10-01 | plant_closure | in_progress | 750 | 2005-10-01 | 2006-06-30 | United States | North America Snacks | USD 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). | |
| 2005-10-01 | plant_closure | completed | 280 | 2005-01-01 | 2005-06-30 | United States | North America Meat Alternatives | USD 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. | |
| 2005-10-01 | acquisition_addition | completed | 400 | 2005-06-01 | 2005-06-01 | United States | North America Fruit Snacks | USD 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. | |
| 2005-07-02 | plant_closure | announced | 2005-12-31 | Des Plaines, Illinois, United States | North America snacks business | restructuring_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). | ||||
| 2005-07-02 | plant_closure | announced | 2006-06-30 | Macon, Georgia, United States | North America snacks business | restructuring_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. | ||||
| 2005-07-02 | plant_closure | completed | 280 | 2005-07-02 | Worthington, Ohio, United States | North America meat alternatives manufacturing | USD 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. | ||
| 2005-07-02 | acquisition_addition | completed | 400 | 2005-06-30 | Chicago, Illinois, United States | North America fruit snacks business | USD 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. | ||
| 2005-07-02 | plant_closure | announced | 750 | 2006-06-30 | United States (Illinois and Georgia) | North America snacks — bakery operations | USD 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. | ||
| 2005-07-02 | plant_closure | completed | 280 | United States (Ohio) | North America — meat alternatives manufacturing | USD 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. | |||
| 2005-07-02 | acquisition_addition | completed | 400 | 2005-06-30 | United States (Chicago, Illinois) | North America — fruit snacks | business_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. | |||
| 2005-07-02 | acquisition_addition | completed | 400 | 2005-06-01 | Chicago, Illinois | North America | USD 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. | ||
| 2005-07-02 | plant_closure | announced | 750 | 2005-07-02 | 2006-06-30 | Des Plaines, Illinois and Macon, Georgia | North America | USD 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. | |
| 2005-07-02 | plant_closure | completed | 280 | 2005-07-02 | Worthington, Ohio | North America | USD 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. | ||
| 2005-04-02 | plant_closure | in_progress | 750 | 2005-03-01 | 2006-06-30 | Macon, Georgia and Des Plaines, Illinois, United States | North America snacks business | USD 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. | |
| 2005-04-02 | plant_closure | in_progress | 280 | 2005-06-30 | Worthington, Ohio, United States | Meat alternatives manufacturing | USD 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. | ||
| 2005-04-02 | other | in_progress | United States | North America | USD 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. | ||||
| 2005-04-02 | plant_closure | announced | 750 | 2005-03 | 2006-06-30 | United 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. | |
| 2005-04-02 | plant_closure | completed | 280 | 2004 | 2005-06-30 | United States (Worthington, Ohio) | Meat alternatives manufacturing | USD 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. | |
| 2005-04-02 | plant_closure | in_progress | 750 | 2005-03-01 | 2006-06-30 | United States | North America Snacks | USD 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). | |
| 2005-04-02 | plant_closure | completed | 280 | 2005-06-30 | United States | North America Meat Alternatives | USD 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. | ||
| 2005-01-01 | plant_closure | completed | 250 | United States (Worthington, Ohio) | Meat alternatives manufacturing | USD 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. | |||
| 2005-01-01 | restructuring | completed | 300 | 2005-01-01 | United States (Elmhurst, Illinois to Battle Creek, Michigan) | U.S. snacks business unit | USD 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. | ||
| 2005-01-01 | restructuring | in_progress | 2005-01-01 | Europe | Pan-European operations | USD 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. | |||
| 2005-01-01 | plant_closure | completed | 250 | 2005-03-31 | United States | Meat Alternatives / Manufacturing | USD 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. | ||
| 2005-01-01 | restructuring | completed | 100 | 2004-12-31 | United States | Snacks / Corporate | USD 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. | ||
| 2005-01-01 | restructuring | in_progress | Europe | Corporate / Operations | USD 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. | ||||
| 2005-01-01 | plant_closure | completed | 250 | 2005-03-31 | United States | Meat Alternatives Manufacturing | USD 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. | ||
| 2005-01-01 | restructuring | in_progress | United States | Snacks Business Unit | USD 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. | ||||
| 2005-01-01 | restructuring | in_progress | Europe | Pan-European Operations | USD 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. | ||||
| 2004-09-25 | restructuring | in_progress | 2004-01-01 | 2005-01-01 | Global | Information Technology | USD 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. | ||
| 2004-09-25 | restructuring | in_progress | 2004-01-01 | 2005-01-01 | Europe | Operations | USD 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. | ||
| 2004-09-25 | plant_closure | in_progress | 300 | 2004-01-01 | 2005-01-01 | United States | Manufacturing | USD 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. | |
| 2004-09-25 | restructuring | in_progress | 300 | 2004-01-01 | 2004-12-31 | United States | Snacks | USD 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. | |
| 2004-06-26 | plant_closure | in_progress | 300 | 2004-04-01 | 2005-06-30 | United States | North America - veggie foods manufacturing | USD 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. | |
| 2004-06-26 | restructuring | in_progress | 300 | 2004-04-01 | 2004-12-31 | United States | North America - U.S. snacks business unit | USD 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. | |
| 2004-06-26 | restructuring | in_progress | 2004-01-01 | 2005-01-31 | Europe | Europe - pan-European operations | USD 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. | ||
| 2004-06-26 | restructuring | in_progress | 2004-01-01 | 2005-12-31 | Global | Information technology | USD 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. | ||
| 2004-06-26 | restructuring | in_progress | 2003-01-01 | North America and Europe | North America and Europe operating segments | restructuring_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. | ||||
| 2004-06-26 | plant_closure | in_progress | 300 | Worthington, Ohio, United States | Veggie 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. | |||
| 2004-06-26 | restructuring | in_progress | 300 | Elmhurst, Illinois to Battle Creek, Michigan, United States | U.S. snacks business unit | USD 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. | |||
| 2004-06-26 | restructuring | in_progress | Europe | Pan-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. | ||||
| 2004-06-26 | restructuring | in_progress | North America and Europe | Manufacturing | restructuring_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. | |||||
| 2004-06-26 | plant_closure | in_progress | 300 | 2004-06-26 | 2005-06-26 | Worthington, Ohio | North America | USD 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. | |
| 2004-06-26 | restructuring | in_progress | 300 | 2004-06-26 | 2004-12-31 | Elmhurst, Illinois to Battle Creek, Michigan | North America | USD 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. | |
| 2003-12-27 | plant_closure | completed | 140 | 2003-12-27 | Australia | Wholesome snacks manufacturing | USD 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 | ||
| 2003-12-27 | plant_closure | completed | 85 | 2003-12-27 | Argentina | Manufacturing (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 | ||
| 2003-12-27 | voluntary_separation | completed | 130 | 2003-12-27 | Great Britain | Plant operations | USD 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 | ||
| 2003-12-27 | other | in_progress | United States and international | Plant productivity and overhead reduction projects | restructuring_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 | |||||
| 2003-12-27 | divestiture_reduction | completed | 2003-01-31 | United States | Private-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 | ||||
| 2003-12-27 | restructuring | completed | 2003-01-01 | 2003-12-27 | Australia | Wholesome snacks | USD 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. | ||
| 2003-12-27 | restructuring | completed | 2003-01-01 | 2003-12-27 | Mercosur region (Latin America) | Manufacturing | USD 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). | ||
| 2003-12-27 | restructuring | completed | 2003-01-01 | 2003-12-27 | Great Britain | Manufacturing | USD 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. | ||
| 2003-12-27 | restructuring | completed | 140 | Australia | Wholesome snack plant | USD 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. | |||
| 2003-12-27 | restructuring | completed | 85 | Latin America (Mercosur) | Manufacturing | USD 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. | |||
| 2003-12-27 | restructuring | completed | 130 | Great Britain | Plant workforce | USD 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. | |||
| 2003-03-29 | restructuring | in_progress | 2001-03-26 | Global | Keebler Foods Company | USD 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. | |||
| 2002-12-28 | restructuring | completed | 70 | 2002-08 | United States (Elmhurst, Illinois) | Research, technology, and financial services | restructuring_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. | |||
| 2002-12-28 | restructuring | in_progress | 85 | 2002-01-01 | United States (southeastern) | Direct store door (DSD) delivery system — sales and support | restructuring_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. | |||
| 2002-12-28 | plant_closure | in_progress | 2002-11 | United States (Chicago, Illinois) | Ice cream cone and pie crust manufacturing | restructuring_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. | ||||
| 2002-12-28 | restructuring | completed | 2002-08-01 | United States | Research, Technology, Financial Services | MD&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. | ||||
| 2002-12-28 | restructuring | completed | 2002-11-01 | United States | Manufacturing | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Consolidation of ice cream cone and pie crust manufacturing to single facility in Chicago, IL. | ||||
| 2002-12-28 | restructuring | completed | 85 | 2002-01-01 | United States | Sales & Marketing | MD&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. | |||
| 2002-12-28 | restructuring | completed | 70 | 2002-08 | Elmhurst, Illinois | Research, technology, and financial services | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Consolidation of functions in Battle Creek; 70 positions relocated or eliminated. | |||
| 2002-12-28 | restructuring | in_progress | 85 | 2002 | Southeastern United States | Sales and support | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reconfiguration of DSD system; separation of approx. 85 sales representatives and support personnel. | |||
| 2002-12-28 | plant_closure | in_progress | 2002-11 | Chicago, Illinois | Manufacturing | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Consolidation of ice cream cone and pie crust manufacturing to single facility. | ||||
| 2002-09-28 | restructuring | in_progress | 70 | 2002-08-01 | United States | Research, technology, and financial services | restructuring_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. | |||
| 2002-09-28 | divestiture_reduction | completed | 2002-04-29 | 2002-04-29 | United States | Keebler Bake-Line private-label unit | restructuring_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. | |||
| 2002-09-28 | restructuring | in_progress | 2001-03-26 | 2003-12-31 | United States | Keebler integration exit activities | USD 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. | ||
| 2002-09-28 | restructuring | completed | 2001-01-01 | 2002-12-31 | United States and Asia | Company-wide | USD 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. | ||
| 2002-09-28 | restructuring | in_progress | 2001-03-26 | 2003-12-31 | United States | Keebler (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. | ||
| 2002-09-28 | restructuring | announced | 70 | 2002-08 | United States (Elmhurst, Illinois; consolidating into Battle Creek, Michigan) | Research, technology, and financial services | restructuring_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. | |||
| 2002-09-28 | divestiture_reduction | in_progress | 2002-04 | United States (Marietta, Oklahoma) | Keebler Bake-Line private-label business | restructuring_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. | ||||
| 2002-09-28 | divestiture_reduction | announced | Australia | Private-label operations | USD 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. | ||||
| 2002-09-28 | plant_closure | in_progress | China | Manufacturing facility | USD 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. | ||||
| 2002-09-28 | restructuring | in_progress | 70 | 2002-08-01 | Elmhurst, Illinois | Research, technology, and financial services | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Consolidation of functions in Battle Creek, Michigan; positions in Elmhurst being relocated or eliminated. | |||
| 2002-06-29 | restructuring | in_progress | 2001-01-01 | 2003-12-31 | United States and Asia | USD 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. | |||
| 2002-06-29 | restructuring | in_progress | 2001-03-26 | 2003-12-31 | Keebler exit activities | USD 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. | |||
| 2002-06-29 | divestiture_reduction | completed | 2002-04-29 | 2002-04-29 | United States (Marietta, Oklahoma bakery) | Keebler Bake-Line private-label unit | USD 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. | ||
| 2002-06-29 | restructuring | in_progress | 2001-03-26 | 2003-12-31 | United States | Keebler (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. | ||
| 2002-06-29 | divestiture_reduction | completed | 2002-04-01 | 2002-04-29 | United States | Keebler — Bake-Line private label business | restructuring_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. | |||
| 2002-06-29 | plant_closure | completed | China | Manufacturing | USD 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. | ||||
| 2002-06-29 | restructuring | in_progress | 2002-12-31 | Global | Various | USD 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. | |||
| 2002-06-29 | restructuring | in_progress | 2001-03-26 | 2003-12-31 | Global | Keebler Foods Company | USD 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. | ||
| 2002-03-30 | divestiture_reduction | completed | 2002-04 | 2002-04 | United States | Bake-Line private-label unit | other 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. | |||
| 2002-03-30 | restructuring | in_progress | 2001-03-26 | 2003-12-31 | United States | Keebler exit activities | USD 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. | ||
| 2002-03-30 | restructuring | in_progress | 2001-03-26 | 2003-12-31 | United States | Keebler (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. | ||
| 2002-03-30 | restructuring | in_progress | 2001 | 2002-12-31 | United States; Asia | Kellogg (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. | ||
| 2002-03-30 | reduction_in_force | in_progress | Australia | International — Australia | MD&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. | |||||
| 2002-03-30 | divestiture_reduction | announced | 2002-04 | United States (Marietta, Oklahoma) | Bake-Line private-label unit | subsequent_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. | ||||
| 2002-03-30 | restructuring | in_progress | 2001-03-26 | 2003-12-31 | Global | Keebler Integration | USD 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. | ||
| 2002-03-30 | restructuring | in_progress | 2001-01-01 | 2002-12-31 | United States and Asia | Focus and Align Strategy | USD 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. | ||
| 2002-03-30 | plant_closure | announced | 2002-04-01 | Oklahoma, United States | Bake-Line Private-Label | subsequent_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. | ||||
| 2001-12-31 | acquisition_addition | completed | 2000-10-26 | 2001-03-26 | United States | Convenience Foods / Snacks | business_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 | |||
| 2001-12-31 | restructuring | completed | 30 | United States | U.S. and global management | restructuring_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 | ||||
| 2001-12-31 | restructuring | completed | 90 | United States | Keebler administrative | business_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 | ||||
| 2001-12-31 | plant_closure | completed | 440 | United States | Keebler bakery operations | business_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 | ||||
| 2001-12-31 | voluntary_separation | in_progress | 140 | 2001-06-01 | 2002-06-30 | United States | Keebler bakery operations | business_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 | ||
| 2001-12-31 | plant_closure | announced | 2001-10-01 | 2002-12-31 | United States | Keebler ice cream cone production | business_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 | |||
| 2001-12-31 | restructuring | completed | 30 | 2001-01-01 | 2001-12-31 | United States and Global | Management | MD&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. | ||
| 2001-12-31 | plant_closure | completed | 440 | 2001-03-26 | 2001-12-31 | United States | Manufacturing | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closing of a bakery in Denver, Colorado, eliminating approximately 440 employee positions. | ||
| 2001-12-31 | restructuring | completed | 90 | 2001-03-26 | 2001-12-31 | United States | Administrative | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Separation of approximately 90 Keebler administrative employees. | ||
| 2001-12-31 | restructuring | completed | 140 | 2001-06-01 | 2001-12-31 | United States | Manufacturing | MD&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. | ||
| 2001-12-31 | restructuring | in_progress | 2001-10-01 | 2002-12-31 | United States | Manufacturing | MD&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. | |||
| 2001-12-31 | restructuring | completed | 30 | 2001 | United States and Global | Management | MD&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. | |||
| 2001-12-31 | plant_closure | completed | 440 | 2001 | Denver, Colorado | Manufacturing | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closing of a bakery in Denver, Colorado, eliminating approximately 440 employee positions. | |||
| 2001-12-31 | restructuring | completed | 90 | 2001 | United States | Administrative | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Separation of approximately 90 Keebler administrative employees. | |||
| 2001-12-31 | voluntary_separation | completed | 140 | 2001-06 | Grand Rapids, Michigan | Manufacturing | MD&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. | |||
| 2001-09-30 | acquisition_addition | completed | 2001-03-26 | 2001-03-26 | United States | Keebler Foods Company — cookies, crackers, DSD delivery | USD 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. | ||
| 2001-09-30 | restructuring | in_progress | 30 | 2001-01-01 | 2001-12-31 | United States and global | U.S. and global Company management | USD 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. | |
| 2001-09-30 | voluntary_separation | in_progress | 75 | 2001-03-26 | 2001-12-31 | United States | Keebler administrative employees | USD 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. | |
| 2001-09-30 | plant_closure | completed | 470 | 2001-03-26 | 2001-09-30 | Denver, Colorado, United States | Keebler bakery operations | USD 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. | |
| 2001-09-30 | restructuring | in_progress | 2001-06-01 | 2002-06-01 | Grand Rapids, Michigan, United States | Keebler bakery production | business_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. | |||
| 2001-09-30 | plant_closure | announced | 2001-10-01 | 2002-12-31 | Chicago, Illinois, United States | Keebler ice cream cone production | business_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. | |||
| 2001-09-30 | plant_closure | in_progress | 1999-01-01 | 2001-12-31 | Sayreville, New Jersey, United States | Keebler manufacturing facility | USD 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. | ||
| 2001-09-30 | voluntary_separation | announced | 75 | 2001-10-01 | 2001-12-31 | United States | Kellogg 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. | |
| 2001-09-30 | restructuring | in_progress | 30 | United States and global | Company management | USD 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. | |||
| 2001-09-30 | plant_closure | in_progress | 470 | Denver, Colorado, United States | Keebler bakery operations | business_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). | ||||
| 2001-09-30 | restructuring | in_progress | 675 | 2001-06 | 2002-06 | Grand Rapids, Michigan, United States | Keebler bakery operations | business_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. | ||
| 2001-09-30 | plant_closure | announced | 2001-10 | 2002-12-31 | Chicago, Illinois, United States | Keebler ice cream cone production | business_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. | |||
| 2001-09-30 | reduction_in_force | announced | 75 | 2001-10 | 2001-12-31 | United States | Administrative 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. | |
| 2001-09-30 | plant_closure | in_progress | 75 | United States | Keebler administrative functions | business_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. | ||||
| 2001-09-30 | acquisition_addition | completed | 2001-03-26 | United States | Keebler 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. | ||||
| 2001-09-30 | restructuring | in_progress | 30 | 2001-01-01 | United States and Global | Management | USD 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. | ||
| 2001-09-30 | plant_closure | completed | 470 | 2001-03-26 | Denver, Colorado | Manufacturing | business_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. | |||
| 2001-09-30 | reduction_in_force | completed | 75 | 2001-03-26 | United States | Administrative | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Separation of approximately 75 Keebler administrative employees. Part of exit liabilities assumed in acquisition. | |||
| 2001-09-30 | reduction_in_force | in_progress | 2001-06-01 | 2002-06-01 | Grand Rapids, Michigan | Manufacturing | business_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. | |||
| 2001-09-30 | plant_closure | announced | 2001-10-01 | 2002-12-31 | Chicago, Illinois | Manufacturing | business_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. | |||
| 2001-09-30 | reduction_in_force | announced | 75 | 2001-10-01 | 2001-12-31 | United States | Administrative | USD 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. | |
| 2001-06-30 | restructuring | in_progress | 35 | United States and global | U.S. business and global management layer | USD 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. | |||
| 2001-06-30 | reduction_in_force | completed | 70 | United States | Keebler administrative employees | restructuring_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. | ||||
| 2001-06-30 | plant_closure | completed | 470 | Denver, Colorado, United States | Keebler bakery operations | restructuring_footnote f5-10q / GLM-5.3-flash-fp4-HTML | Bakery closure eliminated approximately 470 employee positions. | ||||
| 2001-06-30 | restructuring | announced | 675 | 2001-06-01 | 2002-06-30 | Grand Rapids, Michigan, United States | Keebler bakery production | restructuring_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. | ||
| 2001-06-30 | acquisition_addition | completed | 2001-03-26 | United States | Keebler 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. | |||
| 2001-06-30 | restructuring | in_progress | 35 | United States and global corporate | U.S. business and global layer of Company management | USD 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. | |||
| 2001-06-30 | acquisition_addition | completed | 2001-03-26 | 2001-03-26 | United States | Cookies 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). | |||
| 2001-06-30 | restructuring | completed | 70 | United States | Keebler administrative functions | business_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. | ||||
| 2001-06-30 | plant_closure | completed | 470 | Denver, Colorado, United States | Keebler bakery operations | business_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. | ||||
| 2001-06-30 | plant_closure | announced | 675 | 2001-06 | 2002-06-30 | Grand Rapids, Michigan, United States | Keebler bakery production | business_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. | ||
| 2001-06-30 | restructuring | in_progress | 35 | 2001-01-01 | United States | Management | USD 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. | ||
| 2001-06-30 | plant_closure | completed | 470 | 2001-03-26 | Denver, Colorado | Manufacturing | USD 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. | ||
| 2001-06-30 | reduction_in_force | completed | 70 | 2001-03-26 | United States | Administrative | USD 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. | ||
| 2001-06-30 | restructuring | announced | 675 | 2001-06-30 | 2002-06-30 | Grand Rapids, Michigan | Manufacturing | business_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. | ||
| 2001-03-31 | restructuring | in_progress | 35 | United States and global | U.S. business and global layer of Company management | USD 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. | |||
| 2001-03-31 | restructuring | in_progress | 70 | 2001-03-26 | United States | Keebler administrative employees | USD 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. | ||
| 2001-03-31 | plant_closure | announced | 470 | 2001-03-26 | 2001-05-31 | Denver, Colorado, United States | Keebler bakery operations | USD 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. | |
| 2001-03-31 | acquisition_addition | completed | 2001-03-26 | 2001-03-26 | United States | Keebler Foods Company | USD 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. | ||
| 2001-03-31 | restructuring | in_progress | 1999-01-01 | 2001-12-31 | Sayreville, New Jersey, United States | Keebler manufacturing facility | USD 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. | ||
| 2001-03-31 | plant_closure | in_progress | 2001-03-26 | 2006-12-31 | United States | Keebler distribution and manufacturing facilities | USD 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. | ||
| 2001-03-31 | restructuring | in_progress | 35 | United States and global | U.S. business and global management layer | USD 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. | |||
| 2001-03-31 | restructuring | in_progress | 70 | 2001-03-26 | United States | Keebler administrative | business_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. | |||
| 2001-03-31 | plant_closure | announced | 470 | 2001-03-26 | 2001-05-31 | Denver, Colorado, United States | Keebler bakery operations | business_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. | ||
| 2001-03-31 | acquisition_addition | completed | 2001-03-26 | United States | Keebler 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. | ||||
| 2001-03-31 | restructuring | in_progress | 35 | 2001-03-31 | United States | Management | USD 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. | ||
| 2001-03-31 | plant_closure | announced | 470 | 2001-03-31 | 2001-05-31 | Denver, Colorado | Manufacturing | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Announced closing of a Keebler bakery in Denver, eliminating approximately 470 employee positions. | ||
| 2001-03-31 | restructuring | in_progress | 70 | 2001-03-31 | United States | Administrative | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Communication of separation benefits to approximately 70 Keebler administrative employees as part of exit plans. | |||
| 2000-12-31 | restructuring | completed | 500 | 2000-10-01 | 2000-12-31 | Global | Global supply chain, innovation organization, international convenience foods, non-core markets | USD 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 | |
| 2000-12-31 | restructuring | completed | 190 | 2000-04-01 | 2000-12-31 | Europe | Supply chain | USD 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 | |
| 2000-12-31 | acquisition_addition | announced | 2000-10-26 | 2001-03-31 | United States | Cookies, 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 | |||
| 2000-12-31 | restructuring | completed | 500 | 2000-Q4 | 2000-12-31 | Global | Global supply chain and innovation organization | USD 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. | |
| 2000-12-31 | restructuring | completed | 190 | 2000-Q2 | 2000-12-31 | Europe | Supply chain | USD 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. | |
| 2000-12-31 | restructuring | completed | 500 | 2000-Q4 | 2000-12-31 | Global | Global supply chain, innovation, international convenience foods, non-core markets | USD 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. | |
| 2000-12-31 | restructuring | completed | 190 | 2000-Q2 | 2000-12-31 | Europe | Supply chain | USD 21 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Supply chain efficiency initiative; hourly and salaried headcount reductions of 190 during 2000. | |
| 2000-09-30 | restructuring | in_progress | 190 | 2000-04-01 | 2000-12-31 | Europe | Supply chain | USD 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. | |
| 2000-09-30 | plant_closure | completed | 525 | 1999-09-30 | 2000-03-31 | Battle Creek, Michigan, United States | Cereal 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. | |
| 2000-09-30 | restructuring | completed | 325 | 1999-01-01 | 1999-12-31 | Europe, Asia-Pacific, Latin America | All four operating segments and corporate operations | USD 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. | |
| 2000-09-30 | restructuring | announced | 2000-10-01 | Worldwide | Company-wide, prioritizing United States and other core markets | restructuring_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. | ||||
| 2000-09-30 | voluntary_separation | announced | 1 | 2000-10-12 | 2001-01-01 | Hong Kong / repatriation to location of employee's choice | Officer of the Company | USD 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. | |
| 2000-09-30 | restructuring | in_progress | 190 | 2000-06-30 | 2000-12-31 | Europe | Supply chain / manufacturing | USD 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. | |
| 2000-09-30 | plant_closure | completed | 525 | 1999-10-01 | 2000-03-31 | United States | Battle Creek, Michigan cereal plant — South Operations | restructuring_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. | ||
| 2000-09-30 | restructuring | announced | 2000-10-01 | Worldwide | All segments — supporting new growth strategy and Keebler integration preparation | subsequent_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. | ||||
| 2000-09-30 | acquisition_addition | announced | 2000-10-26 | 2001-03-31 | United States | Cookie 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. | |||
| 2000-09-30 | acquisition_addition | completed | 2000-01-01 | 2000-01-31 | United States | Convenience 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. | |||
| 2000-09-30 | acquisition_addition | completed | 2000-06-01 | 2000-06-30 | United States | Natural 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. | |||
| 2000-09-30 | acquisition_addition | completed | 2000-07-01 | 2000-07-31 | Asia-Pacific | Convenience foods — operated under the 'Healthy Snak People' name | business_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. | |||
| 2000-09-30 | restructuring | in_progress | 190 | 2000-04-01 | 2000-12-31 | Europe | Supply chain | USD 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. | |
| 2000-09-30 | restructuring | announced | 2000-10-01 | Global | Various | subsequent_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. | ||||
| 2000-06-30 | restructuring | in_progress | 190 | 2000-12-31 | Europe | Supply chain | USD 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. | ||
| 2000-06-30 | voluntary_separation | completed | 1 | 2000-07-13 | 2000-07-21 | United States | Officer | USD 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. | |
| 2000-06-30 | restructuring | in_progress | 190 | 2000-12-31 | Europe | Supply Chain | USD 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. | ||
| 2000-06-30 | acquisition_addition | completed | 2000-01-20 | United States | Convenience Foods | business_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. | ||||
| 2000-06-30 | acquisition_addition | completed | 2000-06-01 | United States | Ready-to-eat cereal | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Kashi Company acquired for approximately $33 million in cash. Headcount not disclosed. | ||||
| 2000-06-30 | acquisition_addition | announced | 2000-07-01 | Asia-Pacific | Convenience Foods | subsequent_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. | ||||
| 2000-06-30 | restructuring | in_progress | 190 | 2000-06-30 | 2000-12-31 | Europe | Supply chain | USD 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. | |
| 2000-03-31 | restructuring | announced | Europe | European supply chain | USD 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. | ||||
| 2000-03-31 | acquisition_addition | completed | 2000-01-20 | Rome, Georgia, United States | Convenience foods | USD 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 | |||
| 2000-03-31 | restructuring | announced | 2000-05-12 | Europe | Supply chain | USD 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 | |||
| 2000-03-31 | restructuring | in_progress | Global | All segments and corporate | restructuring_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 | |||||
| 2000-03-31 | restructuring | in_progress | 325 | Europe, Asia-Pacific, and Latin America | All operating segments and corporate operations | USD 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. | |||
| 2000-03-31 | restructuring | announced | 2000-03-31 | 2001-12-31 | Europe | Supply chain | USD 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. | ||
| 1999-12-31 | plant_closure | in_progress | 525 | 2000-03-31 | United States — Battle Creek, Michigan | Cereal 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. | ||
| 1999-12-31 | restructuring | in_progress | 325 | 1999-12-31 | Europe, Asia-Pacific, Latin America | Multiple segments and corporate operations | USD 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. | ||
| 1999-12-31 | acquisition_addition | completed | 1999-11-29 | 1999-11-29 | United States | Convenience foods / meat alternatives | business_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. | |||
| 1999-12-31 | divestiture_reduction | completed | 1999-11-01 | 1999-11-30 | United States | Lender's Bagels business | USD 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. | ||
| 1999-12-31 | acquisition_addition | announced | 2000-01-20 | 2000-01-20 | United States — Rome, Georgia | Convenience foods manufacturing | subsequent_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. | |||
| 1999-12-31 | restructuring | announced | 2000-06-30 | Europe | Supply chain | USD 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. | |||
| 1999-12-31 | plant_closure | completed | 525 | 1999-10-01 | 2000-03-31 | United States | North America | USD 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. | |
| 1999-12-31 | restructuring | completed | 325 | 1999-01-01 | 1999-12-31 | Europe, Asia-Pacific, Latin America | Global | USD 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. | |
| 1999-12-31 | acquisition_addition | completed | 1999-11-29 | 1999-11-29 | United States | North America | USD 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. | ||
| 1999-12-31 | divestiture_reduction | completed | 1999-11-01 | 1999-11-01 | United States | North America | USD 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. | ||
| 1999-12-31 | plant_closure | completed | 525 | 1999-10-01 | 2000-03-31 | United States | North America | USD 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. | |
| 1999-12-31 | restructuring | completed | 325 | 1999-01-01 | 1999-12-31 | Europe, Asia-Pacific, Latin America | Global | USD 33 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reduction initiatives around the world. Eliminated approximately 325 employee positions. | |
| 1999-12-31 | acquisition_addition | completed | 1999-11-29 | 1999-11-29 | United States | North America | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Worthington Foods, Inc. for approximately $300 million. Headcount not explicitly disclosed. | |||
| 1999-09-30 | plant_closure | in_progress | 1,100 | 1999-07-01 | 2000-03-31 | Battle Creek, Michigan, United States | North America - cereal manufacturing | USD 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. | |
| 1999-09-30 | restructuring | in_progress | 350 | 1999-01-01 | 1999-12-31 | Europe, Asia-Pacific, Latin America | All four operating segments and corporate operations | USD 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. | |
| 1999-09-30 | acquisition_addition | announced | 1999-09-01 | 1999-12-31 | United States | Worthington 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. | ||
| 1999-09-30 | divestiture_reduction | completed | 1999-09-01 | 1999-11-01 | United States | Lender's Bagels business | USD 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. | ||
| 1999-09-30 | divestiture_reduction | completed | 1999-07-01 | 1999-07-31 | United Kingdom | Corn milling operation | USD 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. | ||
| 1999-09-30 | plant_closure | in_progress | 1,100 | 1999-07-01 | 2000-03-31 | United States — Battle Creek, Michigan | North 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. | |
| 1999-09-30 | restructuring | in_progress | 350 | 1999-01-01 | 1999-12-31 | Europe, Asia-Pacific, Latin America | All four operating segments and corporate operations | USD 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. | |
| 1999-09-30 | restructuring | in_progress | 1999-07-01 | Various | Manufacturing — previously closed or impaired facilities | USD 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. | |||
| 1999-09-30 | other | announced | 1999-10-01 | 2000-12-31 | Europe | European supply chain | MD&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. | |||
| 1999-09-30 | plant_closure | in_progress | 550 | 1999-09-30 | 2000-03-31 | Battle Creek, Michigan | North America | USD 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. | |
| 1999-09-30 | restructuring | in_progress | 350 | 1999-03-31 | 1999-12-31 | Europe, Asia-Pacific, Latin America | Corporate and Operating Segments | USD 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. | |
| 1999-06-30 | restructuring | in_progress | 350 | 1999-01-01 | 1999-12-31 | Europe, Latin America, Asia-Pacific | Overhead activity analysis and workforce reduction initiatives | USD 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. | |
| 1999-06-30 | plant_closure | announced | 550 | 1999-08-01 | 2000-03-31 | Battle Creek, Michigan, United States | North America cereal manufacturing — South Operations of Battle Creek cereal plant | USD 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'. | |
| 1999-06-30 | restructuring | in_progress | 350 | 1999 | 1999-12-31 | Europe, Latin America, and Asia-Pacific | Corporate overhead / administrative functions | USD 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. | |
| 1999-06-30 | plant_closure | announced | 1999-08 | 2000-03-31 | United States (Battle Creek, Michigan) | North America cereal manufacturing — South Operations portion of cereal plant | restructuring_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. | |||
| 1999-06-30 | restructuring | announced | 1999-06-30 | Europe | European supply chain | MD&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. | ||||
| 1999-06-30 | restructuring | in_progress | 350 | 1999-03-31 | 1999-12-31 | Europe, Latin America, Asia-Pacific | Overhead / Corporate | USD 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. | |
| 1999-06-30 | plant_closure | announced | 550 | 1999-08-01 | 2000-03-31 | Battle Creek, Michigan, USA | Manufacturing | USD 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. | |
| 1999-03-31 | restructuring | in_progress | 350 | 1999-01-01 | 1999-12-31 | Europe, Latin America, Asia-Pacific | Overhead activity analysis and workforce reduction initiatives | USD 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. | |
| 1999-03-31 | restructuring | in_progress | 350 | 1999-12-31 | Europe, Latin America, Asia-Pacific | Corporate overhead / administrative functions | USD 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. | ||
| 1999-03-31 | restructuring | in_progress | 350 | 1999-03-31 | 1999-12-31 | Europe, Latin America, and Asia-Pacific | Overhead activity analysis and workforce reduction | USD 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. | |
| 1998-12-31 | restructuring | in_progress | 550 | 1998-12-31 | 1999-12-31 | United States | Corporate headquarters and North American operations | USD 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. | |
| 1998-12-31 | restructuring | announced | 1998-12-31 | 1999-12-31 | Europe and Latin America | Corporate overhead | restructuring_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. | |||
| 1998-12-31 | restructuring | in_progress | 790 | 1998-12-31 | 1999-12-31 | United States and Canada | Headquarters and North American operations | USD 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. | |
| 1998-12-31 | restructuring | announced | 1999-06-30 | 1999-12-31 | Europe and Latin America | Headquarters and regional operations | MD&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. | |||
| 1998-12-31 | restructuring | in_progress | 550 | 1998-12-31 | 1999-12-31 | Headquarters and North America | Overhead | USD 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. | |
| 1998-12-31 | restructuring | announced | 1999-01-01 | 1999-06-30 | Europe and Latin America | Overhead | MD&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. | |||
| 1998-09-30 | restructuring | announced | 1998-09-04 | United States | Corporate headquarters and North American operations; salaried workforce | MD&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. | ||||
| 1998-09-30 | restructuring | announced | 1998-09-04 | United States (headquarters and North American operations) | Salaried overhead functions; headquarters and North American operations | MD&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. | ||||
| 1998-09-30 | restructuring | announced | 1998-09-04 | 1998-12-31 | Headquarters and North American operations | Salaried employees | MD&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. | |||
| 1997-12-31 | restructuring | in_progress | 600 | 1997-01-01 | 1998-12-31 | Europe, United States, Australia | Manufacturing / Operations | USD 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. | |
| 1997-12-31 | plant_closure | completed | 1997-01-01 | 1997-12-31 | Latvia (Riga), Denmark (Svendborg), Italy (Verola) | Manufacturing | restructuring_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. | |||
| 1997-12-31 | restructuring | completed | 600 | 1997 | Europe | Manufacturing | USD 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. | ||
| 1997-12-31 | restructuring | in_progress | 600 | 1997 | Pan-European, United States, Australia | USD 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. | |||
| 1997-09-30 | plant_closure | announced | 400 | 1997-10-17 | Europe (Latvia, Denmark, Italy) | Cereal manufacturing | USD 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. | ||
| 1997-09-30 | restructuring | in_progress | 3,000 | 1998-12-31 | Global (U.S., Europe, other international) | Company-wide productivity and operational streamlining | USD 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. | ||
| 1997-09-30 | restructuring | in_progress | 3,000 | 1998-12-31 | United States, Europe, and other international locations | Company-wide productivity and operational streamlining initiatives | USD 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. | ||
| 1997-09-30 | plant_closure | announced | 400 | 1997-10-17 | Latvia (Riga), Denmark (Svendborg), Italy (Verola) | Cereal manufacturing; production moving to UK, Germany, and Spain | USD 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. | ||
| 1997-09-30 | restructuring | in_progress | 1998-12-31 | Global | Various | USD 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. | |||
| 1997-09-30 | plant_closure | announced | 400 | 1997-10-17 | Europe (Latvia, Denmark, Italy) | Manufacturing | USD 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. | ||
| 1997-06-30 | restructuring | in_progress | 600 | 1997-12-31 | U.S., Europe, and other international locations | USD 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. | |||
| 1997-06-30 | restructuring | in_progress | 600 | 1997-12-31 | United States, Europe, and other international locations | Operations — productivity and operational streamlining initiatives | USD 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. | ||
| 1997-06-30 | restructuring | in_progress | 600 | 1997-12-31 | U.S., Europe, and other international locations | USD 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. | |||
| 1997-03-31 | restructuring | in_progress | 600 | 1997-12-31 | Global | USD 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. | |||
| 1997-03-31 | restructuring | completed | 2,000 | 1996-12-31 | Global | MD&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. | ||||
| 1997-03-31 | restructuring | in_progress | 600 | 1997-12-31 | Global | Multiple functions | MD&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. | |||
| 1997-03-31 | acquisition_addition | completed | 1996-12-16 | 1996-12-16 | United States | Other 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. | ||
| 1997-03-31 | restructuring | in_progress | 600 | 1997-12-31 | Global | USD 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. | |||
| 1996-12-31 | restructuring | completed | 2,000 | 1995-01-01 | 1996-12-31 | United States, Australia, Europe | Operations | USD 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. | |
| 1996-12-31 | restructuring | in_progress | 600 | 1996-01-01 | 1997-12-31 | Europe, United States, other international | Operations | USD 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. | |
| 1996-12-31 | acquisition_addition | completed | 1,100 | 1996-12-16 | 1996-12-16 | United States | Lender's Bagels and other acquired businesses | other 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. | ||
| 1996-12-31 | restructuring | in_progress | 600 | 1996 | 1997-12-31 | Global (Pan-European, U.S., International) | Operations | USD 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. | |
| 1996-12-31 | acquisition_addition | completed | 1,100 | 1996-12-16 | 1996-12-16 | United States | Convenience Foods | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Lender's Bagels business from Kraft Foods, Inc. | ||
| 1996-09-30 | restructuring | in_progress | 2,000 | 1995-01-01 | 1996-12-31 | United States, Australia, and Europe | Operational streamlining initiatives | USD 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. | |
| 1996-09-30 | restructuring | in_progress | 600 | 1996-01-01 | 1997-12-31 | Europe, United States, and other international locations | European operations consolidation and further streamlining | restructuring_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. | ||
| 1996-09-30 | restructuring | in_progress | 2,000 | 1995 | 1996-12-31 | United States, Australia, Europe | Operations | USD 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. | |
| 1996-09-30 | restructuring | in_progress | 600 | 1996 | 1997-12-31 | Europe, United States and other international locations | Operations | restructuring_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. | ||
| 1996-09-30 | restructuring | in_progress | 2,000 | 1995 | 1996-12-31 | U.S., Australia, and Europe | USD 348 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated in 1995; includes voluntary early retirement, severance, and attrition. | ||
| 1996-09-30 | restructuring | in_progress | 600 | 1996-01-01 | 1997-12-31 | Europe, U.S., and other international locations | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiated early 1996 to consolidate European operations and streamline U.S./international locations. | |||
| 1996-06-30 | restructuring | in_progress | 2,000 | 1995-01-01 | 1996-12-31 | United States, Australia, and Europe | Operational streamlining initiatives | USD 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. | |
| 1996-06-30 | restructuring | in_progress | 500 | 1996-01-01 | 1997-12-31 | Europe and other international locations | European operations consolidation and international streamlining | USD 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. | |
| 1996-06-30 | restructuring | in_progress | 2,000 | 1995 | 1996-12-31 | United States, Australia, Europe | Operations | USD 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. | |
| 1996-06-30 | restructuring | in_progress | 475 | 1996 | 1997-12-31 | Europe and other international locations | Operations | USD 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. | |
| 1996-06-30 | restructuring | in_progress | 2,000 | 1995 | 1996-12-31 | U.S., Australia, and Europe | USD 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. | ||
| 1996-06-30 | restructuring | in_progress | 488 | 1996-01-01 | 1997-12-31 | Europe and other international locations | USD 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. | ||
| 1996-03-31 | restructuring | in_progress | 2,000 | 1995-01-01 | 1996-12-31 | United States, Australia, and Europe | Operational streamlining initiatives | USD 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. | |
| 1996-03-31 | restructuring | in_progress | 1996-01-01 | Europe and other foreign locations | European operations consolidation and reorganization | USD 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. | |||
| 1996-03-31 | restructuring | in_progress | 2,000 | 1995 | 1996-12-31 | United States, Australia, Europe | Operations | USD 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. | |
| 1996-03-31 | restructuring | announced | 1996 | Europe | Operations | restructuring_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). | ||||
| 1996-03-31 | restructuring | in_progress | 2,000 | 1995 | 1996-12-31 | U.S., Australia, and Europe | USD 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. | ||
| 1996-03-31 | restructuring | announced | 1996-01 | Europe and other foreign locations | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan commenced in early 1996 to consolidate and reorganize European operations and streamline other foreign locations. | |||||
| 1995-12-31 | restructuring | in_progress | 2,000 | 13% | 1996-12-31 | United States, Australia, Great Britain, Europe | Manufacturing operations | USD 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. | |
| 1995-12-31 | plant_closure | completed | United States | Manufacturing — San Leandro, California | MD&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. | |||||
| 1995-12-31 | restructuring | in_progress | 2,000 | 1995-01-01 | 1996-12-31 | Worldwide | Manufacturing, Marketing, Logistics, Customer Service | USD 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. | |
| 1995-12-31 | restructuring | in_progress | 2,000 | 13% | 1995-01-01 | 1996-12-31 | Worldwide | Manufacturing and Operations | USD 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. |
| 1995-09-30 | voluntary_separation | completed | 475 | 1995-06-30 | United States, Australia, Great Britain | Manufacturing efficiency initiatives | USD 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. | ||
| 1995-09-30 | restructuring | announced | 1995-09-30 | United States, Europe, Australia | Productivity and operational streamlining | USD 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. | |||
| 1995-09-30 | plant_closure | announced | 1995-09-30 | San Leandro, California, United States | Cereal manufacturing | MD&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. | ||||
| 1995-09-30 | other | announced | 1995-09-30 | North America and Asia-Pacific | USD 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). | ||||
| 1995-09-30 | voluntary_separation | completed | 475 | 1995 | United States, Australia, Great Britain | Manufacturing / operations | USD 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). | ||
| 1995-09-30 | restructuring | announced | 1995 | United States, Europe, Australia | Manufacturing / operations; includes plant closure in San Leandro, California and reduced cereal capacity at Battle Creek, Michigan and Memphis, Tennessee | USD 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. | |||
| 1995-09-30 | restructuring | completed | 475 | 1995-06-30 | 1995-06-30 | U.S., Australia, and Great Britain | Manufacturing and Operations | USD 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. | |
| 1995-09-30 | restructuring | announced | 1995-09-30 | 1995-12-31 | U.S., Europe, and Australia | Manufacturing and Operations | USD 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). | ||
| 1995-09-30 | restructuring | announced | 1995-09-30 | 1995-12-31 | North America and Asia-Pacific | General | USD 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. | ||
| 1995-09-30 | restructuring | announced | 2,000 | 13% | 1995-09-30 | 1996-12-31 | Global | General | MD&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. |