2014 Q4 Form 10-Q Financial Statement

#000005578514000089 Filed on October 21, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $4.828B $5.056B $5.262B
YoY Change 29.99% -3.91% 0.3%
Cost Of Revenue $3.275B $3.291B $3.457B
YoY Change 29.34% -4.8% -0.66%
Gross Profit $1.553B $1.765B $1.805B
YoY Change 31.39% -2.22% 2.21%
Gross Profit Margin 32.17% 34.91% 34.3%
Selling, General & Admin $971.0M $904.0M $990.0M
YoY Change 44.93% -8.69% 0.3%
% of Gross Profit 62.52% 51.22% 54.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $207.0M $220.0M $208.0M
YoY Change -6.76% 5.77% -0.95%
% of Gross Profit 13.33% 12.46% 11.52%
Operating Expenses $1.395B $888.0M $998.0M
YoY Change 109.77% -11.02% 1.63%
Operating Profit $158.0M $877.0M $807.0M
YoY Change -69.44% 8.67% 3.07%
Interest Expense -$64.00M $72.00M $73.00M
YoY Change -4.48% -1.37% 4.29%
% of Operating Profit -40.51% 8.21% 9.05%
Other Income/Expense, Net
YoY Change
Pretax Income $94.00M $810.0M $740.0M
YoY Change -79.11% 9.46% 3.21%
Income Tax $175.0M $260.0M $224.0M
% Of Pretax Income 186.17% 32.1% 30.27%
Net Earnings -$83.00M $562.0M $546.0M
YoY Change -115.4% 2.93% 5.61%
Net Earnings / Revenue -1.72% 11.12% 10.38%
Basic Earnings Per Share $1.51 $1.43
Diluted Earnings Per Share -$224.3K $1.50 $1.42
COMMON SHARES
Basic Shares Outstanding 372.5M shares 373.3M shares 382.8M shares
Diluted Shares Outstanding 375.9M shares 385.8M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $789.0M $1.431B $1.179B
YoY Change -25.14% 21.37% -5.6%
Cash & Equivalents $789.0M $1.431B $1.179B
Short-Term Investments
Other Short-Term Assets $655.0M $667.0M $572.0M
YoY Change -8.77% 16.61% 0.35%
Inventory $1.892B $2.281B $2.245B
Prepaid Expenses
Receivables $2.223B $2.542B $2.502B
Other Receivables $210.0M $0.00 $396.0M
Total Short-Term Assets $5.559B $6.921B $6.894B
YoY Change -15.13% 0.39% -0.46%
LONG-TERM ASSETS
Property, Plant & Equipment $7.359B $7.692B $7.871B
YoY Change -7.41% -2.27% -2.82%
Goodwill $1.628B $3.129B $3.223B
YoY Change -48.82% -2.92% -3.24%
Intangibles $109.0M $215.0M $257.0M
YoY Change -55.14% -16.34% 4.05%
Long-Term Investments $257.0M $335.0M $429.0M
YoY Change -32.72% -21.91% 7.79%
Other Assets $723.0M $584.0M $690.0M
YoY Change 17.56% -15.36% 7.64%
Total Long-Term Assets $9.967B $11.96B $12.47B
YoY Change -19.42% -4.13% -4.89%
TOTAL ASSETS
Total Short-Term Assets $5.559B $6.921B $6.894B
Total Long-Term Assets $9.967B $11.96B $12.47B
Total Assets $15.53B $18.88B $19.36B
YoY Change -17.93% -2.52% -3.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.616B $2.597B $2.360B
YoY Change 0.69% 10.04% 0.73%
Accrued Expenses $1.974B $2.071B $2.023B
YoY Change -4.17% 2.37% -4.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $549.0M $1.279B $1.087B
YoY Change 75.96% 17.66% 50.76%
Total Short-Term Liabilities $6.226B $6.260B $5.780B
YoY Change 6.46% 8.3% -4.07%
LONG-TERM LIABILITIES
Long-Term Debt $5.630B $5.705B $5.937B
YoY Change 4.53% -3.91% 4.58%
Other Long-Term Liabilities $319.0M $371.0M $946.0M
YoY Change -7.27% -60.78% -12.89%
Total Long-Term Liabilities $5.949B $371.0M $946.0M
YoY Change 3.82% -60.78% -12.89%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.226B $6.260B $5.780B
Total Long-Term Liabilities $5.949B $371.0M $946.0M
Total Liabilities $12.18B $6.631B $6.726B
YoY Change 5.16% -1.41% -5.41%
SHAREHOLDERS EQUITY
Retained Earnings $8.470B
YoY Change -12.81%
Common Stock $536.0M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.597B
YoY Change 49.41%
Treasury Stock Shares 63.26M shares
Shareholders Equity $729.0M $4.265B $4.667B
YoY Change
Total Liabilities & Shareholders Equity $15.53B $18.88B $19.36B
YoY Change -17.93% -2.52% -3.36%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income -$83.00M $562.0M $546.0M
YoY Change -115.4% 2.93% 5.61%
Depreciation, Depletion And Amortization $207.0M $220.0M $208.0M
YoY Change -6.76% 5.77% -0.95%
Cash From Operating Activities $590.0M $976.0M $912.0M
YoY Change -37.57% 7.02% 8.06%
INVESTING ACTIVITIES
Capital Expenditures -$309.0M -$291.0M -$203.0M
YoY Change 20.7% 43.35% -26.71%
Acquisitions
YoY Change
Other Investing Activities $64.00M $47.00M $4.000M
YoY Change 3100.0% 1075.0% -80.0%
Cash From Investing Activities -$245.0M -$244.0M -$199.0M
YoY Change -3.54% 22.61% -22.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -570.0M -642.0M -676.0M
YoY Change -31.49% -5.03% 94.25%
NET CHANGE
Cash From Operating Activities 590.0M 976.0M 912.0M
Cash From Investing Activities -245.0M -244.0M -199.0M
Cash From Financing Activities -570.0M -642.0M -676.0M
Net Change In Cash -225.0M 90.00M 37.00M
YoY Change 59.57% 143.24% -84.52%
FREE CASH FLOW
Cash From Operating Activities $590.0M $976.0M $912.0M
Capital Expenditures -$309.0M -$291.0M -$203.0M
Free Cash Flow $899.0M $1.267B $1.115B
YoY Change -25.15% 13.63% -0.54%

Facts In Submission

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dei Document Period End Date
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dei Entity Filer Category
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dei Entity Registrant Name
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KIMBERLY CLARK CORP

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