Kraft Heinz Company
Income sheet in millions$		December 25, 2021	December 26, 2020	December 28, 2019
Net sales		26,042	26,185	24,977
Cost of products sold		17,360	17,008	16,830
Gross profit		8,682	9,177	8,147
Selling, general and administrative expenses, excluding impairment losses		3,588	3,650	3,178
Goodwill impairment losses		318	2,343	1,197
Intangible asset impairment losses		1,316	1,056	702
Selling, general and administrative expenses		5,222	7,049	5,077
Operating income/(loss)		3,460	2,128	3,070
Interest expense		2,047	1,394	1,361
Other expense/(income)		(295)	(296)	(952)
Income/(loss) before income taxes		1,708	1,030	2,661
Provision for/(benefit from) income taxes		684	669	728
Net income/(loss)		1,024	361	1,933

Compute the following?

Calculate gross margin:

Operating expense margin (without impairment losses):

operating expense margin (with impairment losses):

Operating profit margin including impairment losses: