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Kraft Foods earnings, sales fall in fiscal ‘12
date:Feb 16, 2013
gnificant cash in 2012 and ended the year with almost $1.3 billion of cash on the balance sheet, funding this will not be a problem, he said. Going forward, our strategy is to make level funding contributions of approximately $225 million annually. Our strong cash generation will be more than enough to provide for this.

Mr. McLevish said the new strategy has several benefits.

First, we believe these changes will result in a more consistent and predictable financial profile, he said. Our ongoin

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