KIMBERLY CLARK CORP - FORM 8-K - EX-99.1 - EXHIBIT 99.1 AND 99.2

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8-K - 8-K FORM - KIMBERLY CLARK CORP	form8k_shellcontinuingops.htm

Exhibit 99.1

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

CONSOLIDATED INCOME STATEMENT

(Unaudited)



	2014
(Millions of dollars, except per share amounts)	Nine Months Ended September 30			Third Quarter			Second Quarter			First Quarter

Net Sales	$	14,896		$	5,056		$	4,953		$	4,887
Cost of products sold	9,766			3,291			3,253			3,222
Gross Profit	5,130			1,765			1,700			1,665
Marketing, research and general expenses	2,738			904			938			896
Other (income) and expense, net	29			(16		)	(13		)	58
Operating Profit	2,363			877			775			711
Interest income	13			5			5			3
Interest expense	(215		)	(72		)	(72		)	(71		)
Income From Continuing Operations Before Income Taxes and Equity Interests	2,161			810			708			643
Provision for income taxes	(681		)	(260		)	(225		)	(196		)
Income From Continuing Operations Before Equity Interests	1,480			550			483			447
Share of net income of equity companies	113			31			39			43
Income From Continuing Operations	1,593			581			522			490
Income from discontinued operations, net of income taxes	65			1			8			56
Net Income	1,658			582			530			546
Net income attributable to noncontrolling interests in continuing operations	(49		)	(20		)	(21		)	(8		)
Net Income Attributable to Kimberly-Clark Corporation	$	1,609		$	562		$	509		$	538

Per Share Basis
Net Income Attributable to Kimberly-Clark Corporation
Basic
Continuing operations^(a)	$	4.11		$	1.50		$	1.33		$	1.27
Discontinued operations	0.17			—			0.02			0.15
Rounding	—			0.01			—			—
Net income attributable to Kimberly-Clark Corporation	$	4.28		$	1.51		$	1.35		$	1.42

Diluted
Continuing operations^(a)	$	4.08		$	1.49		$	1.32		$	1.26
Discontinued operations	0.17			—			0.02			0.15
Rounding	—			0.01			0.01			—
Net income attributable to Kimberly-Clark Corporation^(a)	$	4.25		$	1.50		$	1.35		$	1.41


^(a)	Year-to-date does not equal the sum of the quarterly amounts as a result of rounding.

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

CONSOLIDATED INCOME STATEMENT

(Unaudited)



	2013
(Millions of dollars, except per share amounts)	Year Ended December 31			Fourth Quarter			Third Quarter			Second Quarter			First Quarter

Net Sales	$	19,561		$	4,895		$	4,865		$	4,873		$	4,928
Cost of products sold	12,952			3,242			3,226			3,232			3,252
Gross Profit	6,609			1,653			1,639			1,641			1,676
Marketing, research and general expenses	3,699			915			913			928			943
Other (income) and expense, net	7			(7		)	8			(6		)	12
Operating Profit	2,903			745			718			719			721
Interest income	20			4			6			5			5
Interest expense	(282		)	(71		)	(73		)	(71		)	(67		)
Income From Continuing Operations Before Income Taxes and Equity Interests	2,641			678			651			653			659
Provision for income taxes	(828		)	(221		)	(194		)	(212		)	(201		)
Income From Continuing Operations Before Equity Interests	1,813			457			457			441			458
Share of net income of equity companies	205			48			49			55			53
Income From Continuing Operations	2,018			505			506			496			511
Income from discontinued operations, net of income taxes	203			53			59			51			40
Net Income	2,221			558			565			547			551
Net income attributable to noncontrolling interests in continuing operations	(79		)	(19		)	(19		)	(21		)	(20		)
Net Income Attributable to Kimberly-Clark Corporation	$	2,142		$	539		$	546		$	526		$	531

Per Share Basis
Net Income Attributable to Kimberly-Clark Corporation
Basic
Continuing operations^(a)	$	5.05		$	1.27		$	1.27		$	1.23		$	1.27
Discontinued operations^(a)	0.53			0.14			0.15			0.13			0.10
Rounding	—			—			0.01			0.01			—
Net income attributable to Kimberly-Clark Corporation	$	5.58		$	1.41		$	1.43		$	1.37		$	1.37

Diluted
Continuing operations^(a)	$	5.01		$	1.26		$	1.26		$	1.22		$	1.26
Discontinued operations	0.52			0.14			0.15			0.13			0.10
Rounding	—			—			0.01			0.01			—
Net income attributable to Kimberly-Clark Corporation^(a)	$	5.53		$	1.40		$	1.42		$	1.36		$	1.36


^(a)	Year-to-date does not equal the sum of the quarterly amounts as a result of rounding.

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

CONSOLIDATED INCOME STATEMENT

(Unaudited)



	Year Ended December 31
(Millions of dollars, except per share amounts)	2012			2011			2010

Net Sales	$	19,467		$	19,268		$	18,323
Cost of products sold	13,338			13,729			12,342
Gross Profit	6,129			5,539			5,981
Marketing, research and general expenses	3,757			3,430			3,339
Other (income) and expense, net	(5		)	(43		)	109
Operating Profit	2,377			2,152			2,533
Interest income	18			18			19
Interest expense	(285		)	(277		)	(244		)
Income From Continuing Operations Before Income Taxes and Equity Interests	2,110			1,893			2,308
Provision for income taxes	(660		)	(559		)	(685		)
Income From Continuing Operations Before Equity Interests	1,450			1,334			1,623
Share of net income of equity companies	177			161			181
Income From Continuing Operations	1,627			1,495			1,804
Income from discontinued operations, net of income taxes	201			189			139
Net Income	1,828			1,684			1,943
Net income attributable to noncontrolling interests in continuing operations	(78		)	(93		)	(100		)
Net Income Attributable to Kimberly-Clark Corporation	$	1,750		$	1,591		$	1,843

Per Share Basis
Net Income Attributable to Kimberly-Clark Corporation
Basic
Continuing operations	$	3.94		$	3.54		$	4.13
Discontinued operations	0.51			0.48			0.34
Net income attributable to Kimberly-Clark Corporation	$	4.45		$	4.02		$	4.47

Diluted
Continuing operations	$	3.91		$	3.52		$	4.11
Discontinued operations	0.51			0.47			0.34
Net income attributable to Kimberly-Clark Corporation	$	4.42		$	3.99		$	4.45

Exhibit 99.2

KIMBERLY-CLARK CORPORATION

SELECTED BUSINESS SEGMENT DATA

(Unaudited)



	2014
(Millions of dollars)	Nine Months Ended September 30			Third Quarter			Second Quarter			First Quarter
NET SALES

Personal Care	$	7,299		$	2,475		$	2,442		$	2,382
Consumer Tissue	5,024			1,697			1,638			1,689
K-C Professional	2,531			873			858			800
Corporate & Other	42			11			15			16
TOTAL NET SALES	$	14,896		$	5,056		$	4,953		$	4,887

OPERATING PROFIT

Personal Care	$	1,393		$	483		$	453		$	457
Consumer Tissue	782			285			240			257
K-C Professional	453			165			153			135
Corporate & Other	(236		)	(72		)	(84		)	(80		)
Other (income) and expense, net	29			(16		)	(13		)	58
TOTAL OPERATING PROFIT	$	2,363		$	877		$	775		$	711

KIMBERLY-CLARK CORPORATION

SELECTED BUSINESS SEGMENT DATA

(Unaudited)



	2013
(Millions of dollars)	Year Ended December 31			Fourth Quarter			Third Quarter			Second Quarter			First Quarter
NET SALES

Personal Care	$	9,536		$	2,366		$	2,383		$	2,390		$	2,397
Consumer Tissue	6,637			1,668			1,626			1,625			1,718
K-C Professional	3,323			846			843			841			793
Corporate & Other	65			15			13			17			20
TOTAL NET SALES	$	19,561		$	4,895		$	4,865		$	4,873		$	4,928

OPERATING PROFIT

Personal Care	$	1,698		$	398		$	427		$	432		$	441
Consumer Tissue	988			275			233			220			260
K-C Professional	605			148			154			161			142
Corporate & Other	(381		)	(83		)	(88		)	(100		)	(110		)
Other (income) and expense, net	7			(7		)	8			(6		)	12
TOTAL OPERATING PROFIT	$	2,903		$	745		$	718		$	719		$	721

KIMBERLY-CLARK CORPORATION

SELECTED BUSINESS SEGMENT DATA

(Unaudited)



	Year Ended December 31
(Millions of dollars)	2012			2011			2010
NET SALES

Personal Care	$	9,576		$	9,128		$	8,670
Consumer Tissue	6,527			6,770			6,497
K-C Professional	3,283			3,294			3,110
Corporate & Other	81			76			46
TOTAL NET SALES	$	19,467		$	19,268		$	18,323

OPERATING PROFIT

Personal Care	$	1,660		$	1,526		$	1,764
Consumer Tissue	887			775			660
K-C Professional	542			487			468
Corporate & Other	(717		)	(679		)	(250		)
Other (income) and expense, net	(5		)	(43		)	109
TOTAL OPERATING PROFIT	$	2,377		$	2,152		$	2,533

KIMBERLY CLARK CORP - FORM 8-K - EX-99.1 - EXHIBIT 99.1 AND 99.2 - November 5, 2014

Attached files

KIMBERLY CLARK CORP Reports