v3.25.2
UNAUDITED QUARTERLY FINANCIAL DATA - Quarterly Financial Information (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Dec. 28, 2024
Sep. 28, 2024
Jun. 29, 2024
Mar. 30, 2024
Dec. 30, 2023
Jun. 29, 2024
Sep. 28, 2024
Dec. 28, 2024
Dec. 30, 2023
Dec. 31, 2022
Quarterly Financial Information Disclosure [Abstract]                    
Net sales $ 640 $ 689 $ 672 $ 707 $ 651     $ 2,708 $ 2,763 $ 2,695
Cost of goods sold 442 491 469 502 462 $ 971 $ 1,462 1,904 2,006 2,064
Selling, general and administrative expense 163 162 149 157 165     631 662 556
Restructuring costs 15 38 0 0 0     53 0 0
Operating profit 20 (2) 54 48 24 102 100 120 95 75
Interest expense 7 7 8 8 10     30 10 0
Other income (expense), net (2) (2) 4 6 10     6 63 (101)
Income (loss) before income taxes 11 (11) 50 46 24 96 85 96 148 (26)
Income taxes (7) (3) 13 12 7 25 22 15 36 (1)
Net income (loss) $ 18 $ (8) $ 37 $ 34 $ 17 $ 71 $ 63 $ 81 $ 112 $ (25)
Earnings per share, basic (in dollars per share) $ 0.21 $ (0.10) $ 0.43 $ 0.40 $ 0.21 $ 0.82 $ 0.73 $ 0.94 [1] $ 1.31 [1] $ (0.29) [1]
Earnings per share, diluted (in dollars per share) $ 0.20 $ (0.10) $ 0.42 $ 0.39 $ 0.21 $ 0.81 $ 0.71 $ 0.91 [1] $ 1.31 [1] $ (0.29) [1]
[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.