XML 20 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
12 Months Ended
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Income Statement [Abstract]      
Net sales $ 2,708 $ 2,763 $ 2,695
Cost of goods sold 1,915 2,009 2,064
Selling, general and administrative expense 631 662 556
Restructuring costs 53 0 0
Operating profit 109 92 75
Interest expense 30 10 0
Other income (expense), net 6 63 (101)
Income (loss) before income taxes 85 145 (26)
Income taxes 13 35 (1)
Net income (loss) $ 72 $ 110 $ (25)
Per share amounts:      
Earnings per share, basic (in dollars per share) [1] $ 0.83 $ 1.28 $ (0.29)
Earnings per share, diluted (in dollars per share) [1] $ 0.82 $ 1.28 $ (0.29)
[1] On October 2, 2023, Kellanova, the former parent company of WK Kellogg Co, distributed 85,631,304 shares of WK Kellogg Co common stock to Kellanova's share owners in connection with its Spin-Off of WK Kellogg Co. See Note 1 "Description of the Company and Basis of Presentation" to the Consolidated Financial Statements for more information. Basic and diluted earnings per share ("EPS") were retrospectively recast for the number of shares of WK Kellogg Co common stock outstanding immediately following the Spin-Off for the year-ended December 31, 2022.