XML 72 R2.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Consolidated Income Statement - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Income Statement [Abstract]      
Net Sales [1] $ 18,450 $ 18,486 $ 18,348
Cost of products sold 12,415 12,889 11,761
Gross Profit 6,035 5,597 6,587
Marketing, research and general expenses 3,254 3,367 3,202
Other (income) and expense, net [2] (210) 1 27
Operating Profit 2,991 2,229 3,358
Nonoperating expense (91) (163) (59)
Interest income 11 10 10
Interest expense (261) (263) (318)
Income Before Income Taxes and Equity Interests 2,650 1,813 2,991
Provision for income taxes (576) (471) (776)
Income Before Equity Interests 2,074 1,342 2,215
Share of net income of equity companies 123 103 104
Net income 2,197 1,445 2,319
Net income attributable to noncontrolling interests (40) (35) (41)
Net Income Attributable to Kimberly-Clark Corporation $ 2,157 $ 1,410 $ 2,278
Per Share Basis      
Basic $ 6.28 $ 4.05 $ 6.44
Diluted $ 6.24 $ 4.03 $ 6.40
[1]
Net sales in the U.S. to third parties totaled $9,027, $8,803 and $8,741 in 2019, 2018 and 2017, respectively. No other individual country's net sales exceeds 10 percent of total net sales.
[2]
Other (income) and expense, net for 2019 includes income of $31 from a gain on the sale of property associated with a former manufacturing facility that was closed in 2012 as part of a past restructuring, and for 2019 and 2018 includes income of $194 and $12 related to the 2018 Global Restructuring Program. 2017 includes a charge of $24 for the early redemption of debt.