Attached files
| file | filename |
|---|---|
| EX-23 - CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM - KIMBERLY CLARK CORP | kmb_10kx2017xexhibit23.htm |
| EX-32.B - CERTIFICATION OF CFO REQUIRED BY RULE 13A-14(B) OR RULE 15D--14(B) - KIMBERLY CLARK CORP | kmb_10kxq4xexhibit32bx2017.htm |
| EX-32.A - CERTIFICATION OF CEO REQUIRED BY RULE 13A-14(B) OR RULE 15D-14(B) - KIMBERLY CLARK CORP | kmb_10kxq4xexhibit32ax2017.htm |
| EX-31.B - CERTIFICATION OF CFO REQUIRED BY RULE 13A-14(A) OR RULE 15D-14(A) - KIMBERLY CLARK CORP | kmb_10kxq4xexhibit31bx2017.htm |
| EX-31.A - CERTIFICATION OF CEO REQUIRED BY RULE 13A-14A OR RULE 15D-14(A) - KIMBERLY CLARK CORP | kmb_10kxq4xexhibit31ax2017.htm |
| EX-24 - POWERS OF ATTORNEY - KIMBERLY CLARK CORP | kmb_10kx2017xexhibit24.htm |
| EX-21 - SUBSIDIARIES OF THE CORPORATION - KIMBERLY CLARK CORP | kmb_10kx2017xexhibit21.htm |
| 10-K - 10-K FORM - KIMBERLY CLARK CORP | kmb_2017xformx10k.htm |
Exhibit No. (12)
KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES
Computation of Ratio of Earnings to Fixed Charges
(Dollar amounts in millions)
Year Ended December 31 | ||||||||||||||||||||
2017 | 2016 | 2015 | 2014 | 2013 | ||||||||||||||||
Consolidated Companies | ||||||||||||||||||||
Income from continuing operations before income taxes | $ | 2,991 | $ | 3,009 | $ | 1,335 | $ | 2,255 | $ | 2,641 | ||||||||||
Interest expense | 318 | 319 | 295 | 284 | 282 | |||||||||||||||
Interest factor in rent expense | 94 | 94 | 93 | 101 | 106 | |||||||||||||||
Amortization of capitalized interest | 8 | 9 | 9 | 23 | 12 | |||||||||||||||
Equity Affiliates | ||||||||||||||||||||
Share of 50%-owned: | ||||||||||||||||||||
Income before income taxes | (2 | ) | (2 | ) | (2 | ) | 1 | 6 | ||||||||||||
Interest expense | 1 | 1 | - | - | - | |||||||||||||||
Interest factor in rent expense | - | - | - | - | - | |||||||||||||||
Amortization of capitalized interest | - | - | - | - | - | |||||||||||||||
Distributed income of less than 50%-owned | 130 | 120 | 136 | 168 | 163 | |||||||||||||||
Earnings | $ | 3,540 | $ | 3,550 | $ | 1,866 | $ | 2,832 | $ | 3,210 | ||||||||||
Consolidated Companies | ||||||||||||||||||||
Interest expense | $ | 318 | $ | 319 | $ | 295 | $ | 284 | $ | 282 | ||||||||||
Capitalized interest | 8 | 10 | 15 | 11 | 14 | |||||||||||||||
Interest factor in rent expense | 94 | 94 | 93 | 101 | 106 | |||||||||||||||
Equity Affiliates | ||||||||||||||||||||
Share of 50%-owned: | ||||||||||||||||||||
Interest and capitalized interest | 1 | 1 | - | - | - | |||||||||||||||
Interest factor in rent expense | - | - | - | - | - | |||||||||||||||
Fixed Charges | $ | 421 | $ | 424 | $ | 403 | $ | 396 | $ | 402 | ||||||||||
Ratio of Earnings to Fixed Charges | 8.41 | 8.37 | 4.63 | 7.15 | 7.99 | |||||||||||||||