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Description Of Business Segments
6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
Business Segment Information Segment Reporting
The Company's continuing operations are organized into two reportable segments defined by geographic region: North America ("NA") and International Personal Care ("IPC").
These segments differ from those used in prior periods due to changes to our reportable segments effective in the fourth quarter of 2024 (refer to our Annual Report on Form 10-K for further details) and the following changes effective in the second quarter of 2025:
IFP Transaction
As a result of the IFP Transaction discussed in Notes 1 and 3, the results of operations and applicable assets and liabilities of the IFP Business are reported as discontinued operations in the Company's financial statements and are excluded from segment results for all periods presented. This includes certain costs that were previously allocated to the IPC segment that relate to assets or activities that are part of the IFP Transaction. These costs have been removed from the results of the IPC segment and are reported as discontinued operations. Additionally, certain operations and commercial activities of the former IFP segment retained by K-C are now reported in the NA and IPC segments.
Corporate and Other
Corporate and Other was updated for all periods presented to include the following:
Operations of the former IFP segment that were divested prior to the IFP Transaction and therefore not reported as discontinued operations.
Costs previously allocated to the former IFP segment that are not directly attributable to the operations included in the IFP Transaction and therefore are not reported as discontinued operations.
The reportable segments were determined in accordance with how our Chief Executive Officer, who is our chief operating decision maker ("CODM"), develops and executes 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. The primary measure of segment profitability utilized by our CODM is segment operating profit. Our CODM uses this measure to assess the operating results and performance of our segments, perform analytical comparisons to budget and allocate resources to each segment. Segment operating profit excludes Corporate & Other, which primarily encompasses certain unallocated general corporate expenses, impairment charges, one-time (gains) or losses associated with acquisitions and divestitures, costs related to our reorganization activities that are not associated with the ongoing operations of the segments, certain operations of the former IFP segment that were divested prior to the IFP Transaction, and costs previously allocated to the former IFP segment that aren't reported as discontinued operations. Our CODM does not use assets by segment to evaluate performance or allocate resources. Therefore, we do not disclose assets by segment.
The principal sources of revenue in each segment are described below:
North America consists of products encompassing each of our five global daily-need categories across consumer and professional channels including disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, facial and bathroom tissue, paper towels, napkins, wipers, tissue, towels, soaps and sanitizers and other related products. These products are sold under the Huggies, Pull-Ups, GoodNites, Kotex, Poise, Depend, Kleenex, Scott, Cottonelle, Viva, Wypall and other brand names.
International Personal Care consists of three core categories — Baby & Child Care, Adult Care and Feminine Care, including disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear and other related products. These products are sold under the Huggies, Kotex, Goodfeel, Intimus, Depend and other brand names.
The tables below present net sales and the significant expense categories that are included in Segment Operating Profit and regularly provided to our CODM:
Three Months Ended June 30, 2025
NAIPCTotal
Segment Net Sales$2,730 $1,433 $4,163 
Corporate & Other 
Total Net Sales$4,163 
Cost of Products Sold1,642 967 2,609 
Advertising and Promotion Expense170 98 268 
Research, Selling and General Expense263 183 446 
Other (Income) and Expense, net(a)
 3 3 
Segment Operating Profit$655 $182 $837 
Corporate & Other(245)
Total Operating Profit$592 
Six Months Ended June 30, 2025
NAIPCTotal
Segment Net Sales$5,398 $2,819 $8,217 
Corporate & Other 
Total Net Sales$8,217 
Cost of Products Sold3,205 1,873 5,078 
Advertising and Promotion Expense335 203 538 
Research, Selling and General Expense525 356 881 
Other (Income) and Expense, net(a)
 4 4 
Segment Operating Profit$1,333 $383 $1,716 
Corporate & Other(493)
Total Operating Profit$1,223 
Three Months Ended June 30, 2024
NAIPCTotal
Segment Net Sales$2,783 $1,427 $4,210 
Corporate & Other21 
Total Net Sales$4,231 
Cost of Products Sold1,627 930 2,557 
Advertising and Promotion Expense186 101 287 
Research, Selling and General Expense288 185 473 
Other (Income) and Expense, net(a)
— 
Segment Operating Profit$682 $209 $891 
Corporate & Other(352)
Total Operating Profit$539 
(a)    Other (income) and expense, net primarily includes the effects of changes in exchange rates on monetary assets and liabilities for subsidiaries where we have adopted highly inflationary accounting.
Six Months Ended June 30, 2024
NAIPCTotal
Segment Net Sales$5,559 $2,953 $8,512 
Corporate & Other45 
Total Net Sales$8,557 
Cost of Products Sold3,254 1,913 5,167 
Advertising and Promotion Expense376 210 586 
Research, Selling and General Expense578 359 937 
Other (Income) and Expense, net(a)
— 11 11 
Segment Operating Profit$1,351 $460 $1,811 
Corporate & Other(557)
Total Operating Profit$1,254 
(a)    Other (income) and expense, net primarily includes the effects of changes in exchange rates on monetary assets and liabilities for subsidiaries where we have adopted highly inflationary accounting.
Depreciation and amortization expense by segment was:
Three Months Ended
June 30
Six Months Ended
June 30
2025202420252024
NA$124 $106 $228 $210 
IPC70 48 135 95 
Total Segment Depreciation and Amortization194 154 363 305 
Corporate & Other 9 
Total(a)
$194 $156 $372 $309 
(a)    Excludes discontinued operations. See Note 3 for depreciation and amortization of discontinued operations.
Capital spending by segment was:
Three Months Ended
June 30
Six Months Ended
June 30
2025202420252024
NA$141 $99 $284 $217 
IPC35 35 71 77 
Total Segment Capital Spending176 134 355 294 
Corporate & Other  
Total(a)
$176 $136 $355 $298 
(a)    Excludes discontinued operations. See Note 3 for depreciation and amortization of discontinued operations.
Sales of Principal Products:
Three Months Ended
June 30
Six Months Ended
June 30
2025202420252024
Baby and Child Care$1,768 $1,814 $3,405 $3,587 
Family Care997 939 2,024 1,971 
Professional465 591 911 1,159 
Adult Care492 455 968 918 
Feminine Care412 413 855 880 
All other29 19 54 42 
Total$4,163 $4,231 $8,217 $8,557