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                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       The Securities Exchange Act of 1934

       Date of Report (Date of earliest event reported): January 29, 2003

                                KRAFT FOODS INC.
             (Exact name of registrant as specified in its charter)


                                                  
          Virginia                    1-16483               52-2284372
(State or other jurisdiction        (Commission          (I.R.S. Employer
       of incorporation)            File Number)        Identification No.)



                                                     
Three Lakes Drive, Northfield, Illinois                      60093-2753
  (Address of principal executive offices)                   (Zip Code)


      Registrant's telephone number, including area code: (847) 646-2000


         (Former name or former address, if changed since last report.)

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Item 5. Other Events.

             Filed as part of this Current Report on Form 8-K are the
consolidated balance sheets of Kraft Foods Inc. and subsidiaries (the "Company")
as of December 31, 2002 and 2001, and the related consolidated statements of
earnings, shareholders' equity and cash flows for each of the three years in the
period ended December 31, 2002 (the "Financial Statements"), the independent
accountants' report thereon and the statement regarding computation of ratios
of earnings to fixed charges. The Financial Statements, the independent
accountants' report and the statement regarding the computation of ratios of
earnings to fixed charges will be incorporated by reference in the Company's
Annual Report on Form 10-K for the year ended December 31, 2002.

Item 7. Financial Statements and Exhibits.

             The Financial Statements, together with the independent
accountants' report thereon, are included herein.

   (c) Exhibits

      12.    Statement regarding computation of ratios of earnings to
             fixed charges.

      23.    Consent of independent accountants.

      99.    Financial Statements.






                                    SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

                                              KRAFT FOODS INC.

                                              By:      /s/  JAMES P. DOLLIVE
                                                      -------------------------
                                              Name:   James P. Dollive
                                              Title:  Senior Vice President and
                                                      Chief Financial Officer

DATE:  January 29, 2003






                                  EXHIBIT INDEX

Exhibit No.

12.      Statement regarding computation of ratios of earnings to fixed charges.

23.      Consent of independent accountants.

99.      Financial Statements.