Kraft 2012 Annual Report Download - page 2

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Kraft Foods Group, Inc.
Page No.
Part I -
Item 1. Business 1
Item 1A. Risk Factors 10
Item 1B. Unresolved Staff Comments 18
Item 2. Properties 19
Item 3. Legal Proceedings 19
Item 4. Mine Safety Disclosures 19
Part II -
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters,
and Issuer Purchases of Equity Securities 20
Item 6. Selected Financial Data 21
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations: 22
Discussion and Analysis 22
Critical Accounting Policies 33
Commodity Trends 37
Liquidity and Capital Resources 38
Off-Balance Sheet Arrangements and Aggregate Contractual Obligations 40
Equity and Dividends 41
Item 7A. Quantitative and Qualitative Disclosures about Market Risk 43
Item 8. Financial Statements and Supplementary Data:
Report of Independent Registered Public Accounting Firm 44
Consolidated Statements of Earnings
for the Years Ended December 29, 2012, December 31, 2011, and December 31, 2010 45
Consolidated Statements of Comprehensive Earnings
for the Years Ended December 29, 2012, December 31, 2011, and December 31, 2010 46
Consolidated Balance Sheets at December 29, 2012 and December 31, 2011 47
Consolidated Statements of Equity
for the Years Ended December 29, 2012, December 31, 2011, and December 31, 2010 48
Consolidated Statements of Cash Flows
for the Years Ended December 29, 2012, December 31, 2011, and December 31, 2010 49
Notes to Consolidated Financial Statements 50
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure 82
Item 9A. Controls and Procedures 82
Item 9B. Other Information 83
Part III -
Item 10. Directors, Executive Officers, and Corporate Governance 83
Item 11. Executive Compensation 83
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related
Stockholder Matters 84
Item 13. Certain Relationships and Related Transactions and Director Independence 84
Item 14. Principal Accountant Fees and Services 84
Part IV -
Item 15. Exhibits and Financial Statement Schedules 85
Signatures 88
Valuation and Qualifying Accounts S-1
In this report, “Kraft Foods Group,” “the Company,” “we,” “us,” and “our” refers to Kraft Foods Group, Inc.
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