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Description of Business Segments
12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
We are organized into operating segments based on product groupings. These operating segments have been aggregated into three reportable global business segments: Personal Care, Consumer Tissue and K-C Professional. The reportable segments were determined in accordance with how our chief operating decision maker and our executive managers develop and execute
global strategies to drive growth and profitability. These strategies include global plans for branding and product positioning, technology, research and development programs, cost reductions including supply chain management, and capacity and capital investments for each of these businesses. Segment management is evaluated on several factors, including operating profit. Segment operating profit excludes Other (income) and expense, net and income and expense not associated with ongoing operations of the business segments.
The principal sources of revenue in each global business segment are described below:
Personal Care brands offer our consumers a trusted partner in caring for themselves and their families by delivering confidence, protection and discretion through a wide variety of innovative solutions and products such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear and other related products.  Products in this segment are sold under the Huggies, Pull-Ups, Little Swimmers, GoodNites, DryNites, Sweety, Kotex, U by Kotex, Intimus, Thinx, Poise, Depend, Plenitud, Softex and other brand names.
Consumer Tissue offers a wide variety of innovative solutions and trusted brands that responsibly improve everyday living for families around the world.  Products in this segment include facial and bathroom tissue, paper towels, napkins and related products, and are sold under the Kleenex, Scott, Cottonelle, Andrex, Viva, Scottex and other brand names.
K-C Professional partners with businesses to create Exceptional Workplaces, helping to make them healthier, safer and more productive through a range of solutions and supporting products such as wipers, tissue, towels, personal protective gear, soaps and sanitizers. Our brands, including Kleenex, Scott, WypAll, Kimtech and KleenGuard are well known for quality and trusted to help people around the world work better.
Net sales to Walmart Inc. as a percent of our consolidated net sales were approximately 13 percent in 2023, and 2022 and 14 percent in 2021. Net sales to Walmart Inc. were primarily in the Personal Care and Consumer Tissue segments.
Information concerning consolidated operations by business segment is presented in the following tables:
Consolidated Operations by Business Segment
Year Ended December 31
202320222021
NET SALES(a)
Personal Care$10,691 $10,622 $10,267 
Consumer Tissue6,290 6,243 6,034 
K-C Professional3,404 3,256 3,072 
Corporate & Other46 54 67 
TOTAL NET SALES$20,431 $20,175 $19,440 
OPERATING PROFIT(b)
Personal Care$1,890 $1,787 $1,856 
Consumer Tissue976 806 888 
K-C Professional665 457 404 
Corporate & Other(c)
(1,118)(412)(559)
Other (income) and expense, net(d)
69 (43)28 
TOTAL OPERATING PROFIT$2,344 $2,681 $2,561 
(a)Net sales in the U.S. to third parties totaled $10,362, $9,848 and $9,285 in 2023, 2022 and 2021, respectively. No other individual country's net sales exceeds 10 percent of total net sales.
(b)    Segment operating profit excludes Other (income) and expense, net and income and expenses not associated with the business segments.
(c)    Corporate & Other in 2023 includes divestiture-related costs associated with the sale of our Brazil tissue and K-C Professional business of $30 and the charges related to the impairment of intangible assets of $658. In 2022, it includes transaction and integration costs of $21 related to the acquisition of a controlling interest in Thinx, and in 2021, it includes charges of $265 related to the 2018 Global Restructuring Program. Restructuring charges in 2021 related to the Personal Care, Consumer Tissue and K-C Professional business segments were $104, $118 and $40, respectively.
(d)    Other (income) and expense, net in 2023 includes the gain of $74 related to the sale of our Brazil tissue and K-C Professional business, and in 2022 includes the non-cash, non-recurring gain of $85 related to the acquisition of a controlling interest in Thinx.

Personal
Care
Consumer
Tissue
K-C
Professional
Corporate
& Other

Total
Depreciation and Amortization
2023$387 $236 $127 $3 $753 
2022375 251 125 754 
2021355 291 116 766 
Capital Spending
2023342 285 123 16 766 
2022442 280 142 12 876 
2021536 303 157 11 1,007 
Assets
20237,999 4,935 2,507 1,903 17,344 
20229,086 5,048 2,675 1,161 17,970 
20218,890 5,083 2,650 1,214 17,837 
Sales of Principal Products
(Billions of dollars)202320222021
Baby and child care products$7.1 $7.2 $7.2 
Consumer tissue products6.3 6.2 6.0 
Away-from-home professional products3.4 3.3 3.1 
All other3.6 3.5 3.1 
Consolidated$20.4 $20.2 $19.4