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Stockholders' Equity
 12 Months Ended
Dec. 31, 2012
Equity [Abstract]  
Stockholders' Equity
Stockholders' Equity
Set forth below are reconciliations of the carrying amount of total stockholders' equity and the amount of net income allocable to redeemable securities of subsidiaries.
 
 
 
Stockholders' Equity
Attributable to
 
 
 
Comprehensive
Income
 
The
Corporation
 
Noncontrolling
Interests
 
Redeemable
Securities of
Subsidiaries
Balance at December 31, 2009
 
 
$
5,406

 
$
284

 
$
1,052

Comprehensive income:
 
 
 
 
 
 
 
Net income
$
1,943

 
1,843

 
44

 
56

Other comprehensive income, net of tax:
 
 
 
 
 
 
 
Unrealized translation
334

 
326

 
7

 
1

Employee postretirement benefits
55

 
57

 
(2
)
 
—

Other
(16
)
 
(16
)
 
—

 
—

Total comprehensive income
$
2,316

 
 
 
 
 
 
Stock-based awards
 
 
133

 
—

 
—

Income tax benefits on stock-based compensation
 
 
2

 
—

 
—

Shares repurchased
 
 
(809
)
 
—

 
—

Recognition of stock-based compensation
 
 
52

 
—

 
—

Dividends declared
 
 
(1,085
)
 
(47
)
 
(1
)
Other
 
 
8

 
(1
)
 
(7
)
Return on redeemable preferred securities
 
 
—

 
—

 
(54
)
Balance at December 31, 2010
 
 
5,917

 
285

 
1,047

Comprehensive income:
 
 
 
 
 
 
 
Net income
$
1,684

 
1,591

 
39

 
54

Other comprehensive income, net of tax:
 
 
 
 
 
 
 
Unrealized translation
(249
)
 
(236
)
 
(13
)
 
—

Employee postretirement benefits
(134
)
 
(133
)
 
(1
)
 
—

Other
(30
)
 
(31
)
 
1

 
—

Total comprehensive income
$
1,271

 
 
 
 
 
 
Stock-based awards
 
 
443

 
—

 
—

Income tax benefits on stock-based compensation
 
 
10

 
—

 
—

Shares repurchased
 
 
(1,247
)
 
—

 
—

Recognition of stock-based compensation
 
 
48

 
—

 
—

Dividends declared
 
 
(1,107
)
 
(29
)
 
(1
)
Other
 
 
(6
)
 
—

 
4

Redemption of redeemable preferred securities
 
 
—

 
—

 
(500
)
Return on redeemable preferred securities and noncontrolling interests
 
 
—

 
(2
)
 
(57
)
Balance at December 31, 2011
 
 
5,249

 
280

 
547

Comprehensive income:
 
 
 
 
 
 
 
Net income
$
1,828

 
1,750

 
47

 
31

Other comprehensive income, net of tax:
 
 
 
 
 
 
 
Unrealized translation
215

 
195

 
20

 
—

Employee postretirement benefits
(377
)
 
(372
)
 
(5
)
 
—

Other
(16
)
 
(16
)
 
—

 
—

Total comprehensive income
$
1,650

 
 
 
 
 
 
Stock-based awards
 
 
565

 
—

 
—

Income tax benefits on stock-based compensation
 
 
43

 
—

 
—

Shares repurchased
 
 
(1,333
)
 
—

 
—

Recognition of stock-based compensation
 
 
67

 
—

 
—

Dividends declared
 
 
(1,163
)
 
(38
)
 
(1
)
Return on redeemable preferred securities and noncontrolling interests
 
 
—

 
(2
)
 
(28
)
Balance at December 31, 2012
 
 
$
4,985

 
$
302

 
$
549


Accumulated Other Comprehensive Income (Loss)
The changes in the components of accumulated other comprehensive income (loss) attributable to Kimberly-Clark are as follows:
 
Year Ended December 31
 
2012
 
2011
 
2010
 
Pre-tax
Amount
 
Tax
Effect
 
Net
Amount
 
Pre-tax
Amount
 
Tax
Effect
 
Net
Amount
 
Pre-tax
Amount
 
Tax
Effect
 
Net
Amount
Unrealized translation
$
204

 
$
(9
)
 
$
195

 
$
(243
)
 
$
7

 
$
(236
)
 
$
332

 
$
(6
)
 
$
326

Defined benefit pension plans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrecognized net actuarial loss and transition amount
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Funded status recognition
(588
)
 
193

 
(395
)
 
(396
)
 
144

 
(252
)
 
(58
)
 
23

 
(35
)
Amortization included in net periodic benefit cost
90

 
(34
)
 
56

 
94

 
(33
)
 
61

 
99

 
(34
)
 
65

Currency and other
(20
)
 
7

 
(13
)
 
(2
)
 
5

 
3

 
10

 
1

 
11

 
(518
)
 
166

 
(352
)
 
(304
)
 
116

 
(188
)
 
51

 
(10
)
 
41

Unrecognized prior service cost/credit
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Funded status recognition
—

 
—

 
—

 
74

 
(17
)
 
57

 
(1
)
 
—

 
(1
)
Amortization included in net periodic benefit cost
—

 
1

 
1

 
3

 
(1
)
 
2

 
2

 
(1
)
 
1

Currency and other
3

 
(2
)
 
1

 
(4
)
 
1

 
(3
)
 
(1
)
 
1

 
—

 
3

 
(1
)
 
2

 
73

 
(17
)
 
56

 
—

 
—

 
—

 
(515
)
 
165

 
(350
)
 
(231
)
 
99

 
(132
)
 
51

 
(10
)
 
41

Other postretirement benefit plans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrecognized net actuarial loss and transition amount
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Funded status recognition
(31
)
 
11

 
(20
)
 
(31
)
 
10

 
(21
)
 
10

 
8

 
18

Amortization included in net periodic benefit cost
(1
)
 
—

 
(1
)
 
—

 
—

 
—

 
1

 
(4
)
 
(3
)
Currency and other
—

 
—

 
—

 
—

 
—

 
—

 
(1
)
 
1

 
—

 
(32
)
 
11

 
(21
)
 
(31
)
 
10

 
(21
)
 
10

 
5

 
15

Unrecognized prior service cost/credit
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Funded status recognition
—

 
—

 
—

 
31

 
(11
)
 
20

 
—

 
—

 
—

Amortization included in net periodic benefit cost
(2
)
 
1

 
(1
)
 
1

 
(1
)
 
—

 
3

 
(1
)
 
2

Currency and other
—

 
—

 
—

 
—

 
—

 
—

 
(1
)
 
—

 
(1
)
 
(2
)
 
1

 
(1
)
 
32

 
(12
)
 
20

 
2

 
(1
)
 
1

 
(34
)
 
12

 
(22
)
 
1

 
(2
)
 
(1
)
 
12

 
4

 
16

Cash flow hedges and other:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Recognition of effective portion of hedges
(20
)
 
7

 
(13
)
 
(81
)
 
34

 
(47
)
 
(37
)
 
14

 
(23
)
Amortization included in net income
—

 
(3
)
 
(3
)
 
39

 
(12
)
 
27

 
17

 
(5
)
 
12

Currency and other
(1
)
 
1

 
—

 
(13
)
 
2

 
(11
)
 
(8
)
 
3

 
(5
)
 
(21
)
 
5

 
(16
)
 
(55
)
 
24

 
(31
)
 
(28
)
 
12

 
(16
)
Change in accumulated other comprehensive income (loss)
$
(366
)
 
$
173

 
$
(193
)
 
$
(528
)
 
$
128

 
$
(400
)
 
$
367

 
$
—

 
$
367


Accumulated balances of other comprehensive income (loss) attributable to Kimberly-Clark, net of applicable income taxes, are as follows:
 
December 31
 
2012
 
2011
Unrealized translation
$
(26
)
 
$
(221
)
Unrecognized net actuarial loss and transition amount
(2,042
)
 
(1,669
)
Unrecognized prior service credit
61

 
60

Deferred losses on cash flow hedges and other
(52
)
 
(36
)
Accumulated other comprehensive income (loss) ("AOCI")
$
(2,059
)
 
$
(1,866
)

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 is primarily due to the weakening of the U.S. dollar versus most foreign currencies, partially offset by a strengthening of the U.S. dollar against the Brazilian real. 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.
Unrecognized net actuarial loss and unrecognized prior service credit of $123 and $36, respectively, are expected to be recognized as a component of net periodic benefit cost in 2013.
At December 31, 2012, unremitted net income of equity companies included in consolidated retained earnings was $1.0 billion.