$KMB
KIMBERLY CLARK CORP

2023 Q3 Form 10-Q Financial Statement

#000005578523000054 Filed on July 25, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2
Revenue $5.100B $5.134B
YoY Change 0.0% 0.67%
Cost Of Revenue $3.294B $3.403B
YoY Change -6.15% -3.71%
Gross Profit $1.838B $1.731B
YoY Change 19.12% 13.21%
Gross Profit Margin 36.04% 33.72%
Selling, General & Admin $1.029B $1.015B
YoY Change 17.87% 12.03%
% of Gross Profit 55.98% 58.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $189.0M $189.0M
YoY Change 0.53% -1.56%
% of Gross Profit 10.28% 10.92%
Operating Expenses $1.064B $960.0M
YoY Change 19.82% 5.73%
Operating Profit $774.0M $771.0M
YoY Change 18.17% 24.15%
Interest Expense $74.00M -$67.00M
YoY Change 1.37% -198.53%
% of Operating Profit 9.56% -8.69%
Other Income/Expense, Net -$20.00M -$42.00M
YoY Change 11.11% 55.56%
Pretax Income $698.0M $4.000M
YoY Change 22.89% -99.24%
Income Tax $157.0M -$32.00M
% Of Pretax Income 22.49% -800.0%
Net Earnings $587.0M $102.0M
YoY Change 25.7% -76.66%
Net Earnings / Revenue 11.51% 1.99%
Basic Earnings Per Share $1.74 $0.30
Diluted Earnings Per Share $1.73 $0.30
COMMON SHARES
Basic Shares Outstanding 338.2M shares 337.4M shares
Diluted Shares Outstanding 338.9M shares 338.9M shares

Balance Sheet

Concept 2023 Q3 2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $814.0M $580.0M
YoY Change 124.86% 86.5%
Cash & Equivalents $814.0M $580.0M
Short-Term Investments
Other Short-Term Assets $594.0M $677.0M
YoY Change -8.47% 12.09%
Inventory $2.021B $2.128B
Prepaid Expenses
Receivables $2.298B $2.359B
Other Receivables $0.00 $0.00
Total Short-Term Assets $5.727B $5.744B
YoY Change 1.81% 1.45%
LONG-TERM ASSETS
Property, Plant & Equipment $7.700B $7.815B
YoY Change -0.48% -1.46%
Goodwill $2.045B $2.086B
YoY Change 0.1% -0.76%
Intangibles
YoY Change
Long-Term Investments $320.0M $299.0M
YoY Change 20.3% 10.74%
Other Assets $1.164B $1.231B
YoY Change -10.39% -1.99%
Total Long-Term Assets $11.43B $11.64B
YoY Change -6.43% -6.53%
TOTAL ASSETS
Total Short-Term Assets $5.727B $5.744B
Total Long-Term Assets $11.43B $11.64B
Total Assets $17.15B $17.38B
YoY Change -3.83% -4.04%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.490B $3.713B
YoY Change -4.64% 0.32%
Accrued Expenses $2.259B $2.302B
YoY Change 3.15% 10.2%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $687.0M $188.0M
YoY Change -28.36% -81.77%
Total Short-Term Liabilities $6.831B $6.598B
YoY Change -5.09% -8.48%
LONG-TERM LIABILITIES
Long-Term Debt $7.613B $8.157B
YoY Change -3.49% 2.5%
Other Long-Term Liabilities $809.0M $1.487B
YoY Change 16.4% 120.95%
Total Long-Term Liabilities $809.0M $9.644B
YoY Change 16.4% 1332.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.831B $6.598B
Total Long-Term Liabilities $809.0M $9.644B
Total Liabilities $7.640B $16.88B
YoY Change -3.19% 114.2%
SHAREHOLDERS EQUITY
Retained Earnings $8.217B $8.040B
YoY Change 1.62% 0.22%
Common Stock $473.0M $473.0M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $5.101B $5.071B
YoY Change -0.49% -0.78%
Treasury Stock Shares
Shareholders Equity $680.0M $500.0M
YoY Change
Total Liabilities & Shareholders Equity $17.15B $17.38B
YoY Change -3.83% -4.04%

Cashflow Statement

Concept 2023 Q3 2023 Q2
OPERATING ACTIVITIES
Net Income $587.0M $102.0M
YoY Change 25.7% -76.66%
Depreciation, Depletion And Amortization $189.0M $189.0M
YoY Change 0.53% -1.56%
Cash From Operating Activities $927.0M $787.0M
YoY Change 16.17% 6.35%
INVESTING ACTIVITIES
Capital Expenditures $160.0M $188.0M
YoY Change -176.56% -186.64%
Acquisitions
YoY Change
Other Investing Activities -$31.00M $228.0M
YoY Change 0.0% 307.14%
Cash From Investing Activities -$191.0M $40.00M
YoY Change -20.42% -124.84%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -468.0M -755.0M
YoY Change -4.29% 0.27%
NET CHANGE
Cash From Operating Activities 927.0M 787.0M
Cash From Investing Activities -191.0M 40.00M
Cash From Financing Activities -468.0M -755.0M
Net Change In Cash 268.0M 72.00M
YoY Change 288.41% -141.38%
FREE CASH FLOW
Cash From Operating Activities $927.0M $787.0M
Capital Expenditures $160.0M $188.0M
Free Cash Flow $767.0M $599.0M
YoY Change -23.83% -37.41%

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