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Consolidated Income Statement - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Net Sales $ 18,591 $ 19,724 $ 19,561
Cost of products sold 11,967 13,041 12,952
Gross Profit 6,624 6,683 6,609
Marketing, research and general expenses 3,443 3,709 3,699
Other (income) and expense, net 1,568 453 [1],[2] 7 [1],[2]
Operating Profit 1,613 2,521 2,903
Interest income 17 18 20
Interest expense (295) (284) (282)
Income From Continuing Operations Before Income Taxes and Equity Interests 1,335 2,255 2,641
Provision for income taxes (418) (856) (828)
Income From Continuing Operations Before Equity Interests 917 1,399 1,813
Share of net income of equity companies 149 146 205
Income From Continuing Operations 1,066 1,545 2,018
Income from discontinued operations, net of income taxes 0 50 203
Net Income 1,066 1,595 2,221
Net income attributable to noncontrolling interests in continuing operations (53) (69) (79)
Net Income Attributable to Kimberly-Clark Corporation $ 1,013 $ 1,526 $ 2,142
Basic      
Continuing operations $ 2.78 $ 3.94 $ 5.05
Discontinued operations 0 0.13 0.53
Net income 2.78 4.07 5.58
Diluted      
Continuing operations 2.77 3.91 5.01
Discontinued operations 0 0.13 0.52
Net income 2.77 4.04 5.53
Cash Dividends Declared $ 3.52 $ 3.36 $ 3.24
[1] Other (income) and expense, net for 2015 and 2014 include charges of $40 and $421, respectively, related to the remeasurement of the Venezuelan balance sheet. In addition, 2015 includes charges of $108 for the deconsolidation of our Venezuelan operations and $1,358 for charges related to pension settlements and 2014 includes a charge of $35 related to a regulatory dispute in the Middle East. The results for 2013 include a balance sheet remeasurement charge of $36 due to a devaluation of the Venezuelan bolivar and a charge of $5 for European strategic changes.
[2] Segment operating profit excludes other (income) and expense, net and income and expenses not associated with the business segments.