XML 64 R47.htm IDEA: XBRL DOCUMENT v3.22.4
Intangible Assets, Goodwill and Other (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Goodwill [Line Items]      
Goodwill, Acquired During Period $ 304 $ 14  
Goodwill, Foreign Currency Translation Gain (Loss) (70) (69)  
Goodwill [1] 2,074 1,840 $ 1,895
Amortization of Intangible Assets 15 9 2
Indefinite-Lived Intangible Assets [Line Items]      
Finite-Lived Intangible Assets, Net 241 144  
Finite-Lived Intangible Assets, Accumulated Amortization (110) (99)  
Finite-Lived Intangible Assets, Gross 351 243  
Intangible Assets, Net (Excluding Goodwill) 851 810  
Intangible Assets, Gross (Excluding Goodwill) 961 909  
Brand Names      
Indefinite-Lived Intangible Assets [Line Items]      
Indefinite-Lived Intangible Assets (Excluding Goodwill), Accumulated Amortization 0 0  
Indefinite-Lived Intangible Assets (Excluding Goodwill), Net 610 666  
Indefinite-Lived Intangible Assets (Excluding Goodwill), Gross 610 666  
Personal Care      
Goodwill [Line Items]      
Goodwill, Acquired During Period 304 14  
Goodwill, Foreign Currency Translation Gain (Loss) (60) (37)  
Goodwill [1] 1,205 961 984
Consumer Tissue      
Goodwill [Line Items]      
Goodwill, Acquired During Period 0 0  
Goodwill, Foreign Currency Translation Gain (Loss) (6) (25)  
Goodwill [1] 488 494 519
K-C Professional and Other      
Goodwill [Line Items]      
Goodwill, Acquired During Period 0 0  
Goodwill, Foreign Currency Translation Gain (Loss) (4) (7)  
Goodwill [1] 381 385 $ 392
Trademarks and brand names      
Indefinite-Lived Intangible Assets [Line Items]      
Finite-Lived Intangible Assets, Net 162 58  
Finite-Lived Intangible Assets, Accumulated Amortization (91) (82)  
Finite-Lived Intangible Assets, Gross 253 140  
Other Intangible Assets      
Indefinite-Lived Intangible Assets [Line Items]      
Finite-Lived Intangible Assets, Net 79 86  
Finite-Lived Intangible Assets, Accumulated Amortization (19) (17)  
Other Finite-Lived Intangible Assets, Gross $ 98 $ 103  
[1] Stockholders' Equity
The changes in the components of AOCI attributable to Kimberly-Clark, net of tax, are as follows:
Unrealized TranslationDefined Benefit Pension PlansOther Postretirement Benefit PlansCash Flow Hedges and Other
Balance as of December 31, 2020$(2,157)$(912)$(40)$(63)
Other comprehensive income (loss) before reclassifications
(265)37 53 
(Income) loss reclassified from AOCI— 72 (a)(3)(a)30 
Net current period other comprehensive income (loss)(265)109 83 
Balance as of December 31, 2021(2,422)(803)(34)20 
Other comprehensive income (loss) before reclassifications
(347)(51)86 (139)
(Income) loss reclassified from AOCI 65 (a) (a)(44)
Net current period other comprehensive income (loss)(347)14 86 (183)
Balance as of December 31, 2022$(2,769)$(789)$52 $(163)
(a)    Included in computation of net periodic pension and other postretirement benefits costs (see Note 8).
Included in the above defined benefit pension plans and other postretirement benefit plans balances as of December 31, 2022 is $735 and $2 of unrecognized net actuarial loss and unrecognized net prior service credit, respectively.
The changes in the components of AOCI attributable to Kimberly-Clark, including the tax effect, are as follows:
Year Ended December 31
202220212020
Unrealized translation$(324)$(248)$98 
Tax effect(23)(17)16 
(347)(265)114 
Defined benefit pension plans
Unrecognized net actuarial loss and transition amount
Funded status recognition(109)16 24 
Amortization
34 37 41 
Settlements and curtailments52 91 49 
Currency and other36 10 (26)
13 154 88 
Unrecognized prior service cost/credit
Funded status recognition2 (2)
Amortization
 (4)(4)
Curtailments (3)— 
Currency and other — 
2 (9)(1)
Tax effect(1)(36)(20)
14 109 67 
Other postretirement benefit plans
Unrecognized net actuarial loss and transition amount and other
113 12 (35)
Tax effect(27)(6)
86 (27)
Cash flow hedges and other
Recognition of effective portion of hedges
(165)70 (32)
Amortization
(58)39 (2)
Currency and other(22)(4)(5)
Tax effect62 (22)
(183)83 (32)
Change in AOCI
$(430)$(67)$122 
Amounts are reclassified from AOCI into Cost of products sold, Nonoperating expense, Interest expense, or Other (income) and expense, net, as applicable, in the consolidated income statement.
Net unrealized currency gains or losses resulting from the translation of assets and liabilities of foreign subsidiaries, except those in highly inflationary economies, are recorded in AOCI. For these operations, changes in exchange rates generally do not affect cash flows; therefore, unrealized translation adjustments are recorded in AOCI rather than net income. Upon sale or substantially complete liquidation of any of these subsidiaries, the applicable unrealized translation adjustment would be removed from AOCI and reported as part of the gain or loss on the sale or liquidation. The change in unrealized translation in 2022 is primarily due to the weakening of various foreign currencies versus the U.S. dollar, particularly the Indonesian rupiah and the British pound. Also included in unrealized translation amounts are the effects of foreign exchange rate changes on intercompany balances of a long-term investment nature and transactions designated as hedges of net foreign investments.