(Reuters) - Kraft Foods Group Inc
The company said the restructuring cost involves severance related to the spin-off, asset disposals and other one-time expenses.
Kraft Foods Group said about half of the total restructuring cost is expected to result in cash expenditures. In addition to the restructuring, the company also approved related capital expenditures of $200 million.
It expects to complete the restructuring by the end of 2014.
Kraft Foods Inc spun off its North American grocery business on October 1 as Kraft Foods Group. Mondelez International Inc
(Reporting by Juhi Arora in Bangalore; Editing by Saumyadeb Chakrabarty)