2021 Q1 Form 10-Q Financial Statement

#000005578521000037 Filed on April 23, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $4.700B $5.000B
YoY Change -6.0% 8.7%
Cost Of Revenue $3.154B $3.218B
YoY Change -1.99% 0.41%
Gross Profit $1.589B $1.791B
YoY Change -11.28% 25.42%
Gross Profit Margin 33.81% 35.82%
Selling, General & Admin $806.0M $850.0M
YoY Change -5.18% 14.71%
% of Gross Profit 50.72% 47.46%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $189.0M $213.0M
YoY Change -11.27% -8.97%
% of Gross Profit 11.89% 11.89%
Operating Expenses $810.0M $860.0M
YoY Change -5.81% 15.28%
Operating Profit $770.0M $904.0M
YoY Change -14.82% 38.02%
Interest Expense $63.00M $61.00M
YoY Change 3.28% -6.15%
% of Operating Profit 8.18% 6.75%
Other Income/Expense, Net -$6.000M -$11.00M
YoY Change -45.45% 0.0%
Pretax Income $702.0M $834.0M
YoY Change -15.83% 43.3%
Income Tax $147.0M $197.0M
% Of Pretax Income 20.94% 23.62%
Net Earnings $584.0M $660.0M
YoY Change -11.52% 45.37%
Net Earnings / Revenue 12.43% 13.2%
Basic Earnings Per Share $1.73 $1.93
Diluted Earnings Per Share $1.72 $1.92
COMMON SHARES
Basic Shares Outstanding 338.2M shares 341.4M shares
Diluted Shares Outstanding 339.4M shares 344.1M shares

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $320.0M $979.0M
YoY Change -67.31% 99.39%
Cash & Equivalents $320.0M $979.0M
Short-Term Investments
Other Short-Term Assets $668.0M $609.0M
YoY Change 9.69% 14.91%
Inventory $1.956B $1.539B
Prepaid Expenses
Receivables $2.199B $2.519B
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.143B $5.646B
YoY Change -8.91% 7.44%
LONG-TERM ASSETS
Property, Plant & Equipment $7.887B $7.226B
YoY Change 9.15% 1.22%
Goodwill $1.820B $1.361B
YoY Change 33.73% -7.79%
Intangibles
YoY Change
Long-Term Investments $349.0M $314.0M
YoY Change 11.15% 27.64%
Other Assets $1.222B $1.130B
YoY Change 8.14% 3.86%
Total Long-Term Assets $12.08B $10.03B
YoY Change 20.46% 0.82%
TOTAL ASSETS
Total Short-Term Assets $5.143B $5.646B
Total Long-Term Assets $12.08B $10.03B
Total Assets $17.23B $15.68B
YoY Change 9.88% 3.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.152B $2.876B
YoY Change 9.6% -4.99%
Accrued Expenses $1.883B $2.008B
YoY Change -6.23% 4.8%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.274B $1.238B
YoY Change 2.91% -34.84%
Total Short-Term Liabilities $6.694B $6.483B
YoY Change 3.25% -9.92%
LONG-TERM LIABILITIES
Long-Term Debt $7.576B $7.239B
YoY Change 4.66% 19.57%
Other Long-Term Liabilities $673.0M $538.0M
YoY Change 25.09% -12.8%
Total Long-Term Liabilities $673.0M $538.0M
YoY Change 25.09% -12.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.694B $6.483B
Total Long-Term Liabilities $673.0M $538.0M
Total Liabilities $7.367B $7.021B
YoY Change 4.93% -10.15%
SHAREHOLDERS EQUITY
Retained Earnings $7.764B $6.978B
YoY Change 11.26%
Common Stock $473.0M $473.0M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.050B $4.562B
YoY Change 10.7%
Treasury Stock Shares 41.00M shares 37760B shares
Shareholders Equity $746.0M $46.00M
YoY Change
Total Liabilities & Shareholders Equity $17.23B $15.68B
YoY Change 9.88% 3.11%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $584.0M $660.0M
YoY Change -11.52% 45.37%
Depreciation, Depletion And Amortization $189.0M $213.0M
YoY Change -11.27% -8.97%
Cash From Operating Activities $321.0M $704.0M
YoY Change -54.4% 122.08%
INVESTING ACTIVITIES
Capital Expenditures -$298.0M -$352.0M
YoY Change -15.34% 11.39%
Acquisitions $0.00
YoY Change
Other Investing Activities -$5.000M -$2.000M
YoY Change 150.0%
Cash From Investing Activities -$245.0M -$359.0M
YoY Change -31.75% 10.8%
FINANCING ACTIVITIES
Cash Dividend Paid $359.0M $357.0M
YoY Change 0.56% 3.48%
Common Stock Issuance & Retirement, Net $169.0M $214.0M
YoY Change -21.03% 30.49%
Debt Paid & Issued, Net $253.0M $252.0M
YoY Change 0.4% -37.31%
Cash From Financing Activities -$52.00M $220.0M
YoY Change -123.64% -623.81%
NET CHANGE
Cash From Operating Activities $321.0M $704.0M
Cash From Investing Activities -$245.0M -$359.0M
Cash From Financing Activities -$52.00M $220.0M
Net Change In Cash $17.00M $537.0M
YoY Change -96.83% -1218.75%
FREE CASH FLOW
Cash From Operating Activities $321.0M $704.0M
Capital Expenditures -$298.0M -$352.0M
Free Cash Flow $619.0M $1.056B
YoY Change -41.38% 66.82%

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Files In Submission

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0000055785-21-000037.txt Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
kmb-20210331.htm Edgar Link pending
kmb-20210331.xsd Edgar Link pending
kmb-20210331_cal.xml Edgar Link unprocessable
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