Fitch affirms Kellogg ratings
date:Apr 23, 2014
. The company estimates total cash costs for the program at $1.2 billion to $1.4 billion.

Kellogg has estimated Project K pretax savings of $425 million to $475 million annually by 2018, with more than half of the cost savings coming from the supply chain, Fitch said. Kellogg expects Project K costs of $300 million to $350 million in 2014, along with modest cost savings of $50 million to $60 million which the company intends to invest back in the business.

Kellogg generated significant cash fl
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