Income from Discontinued Operations, Net of Income Taxes
—
—
—
50
203
Net Income
2,319
2,219
1,066
1,595
2,221
Net Income Attributable to Noncontrolling Interests in Continuing Operations
(41
)
(53
)
(53
)
(69
)
(79
)
Net Income Attributable to Kimberly-Clark Corporation
2,278
2,166
1,013
1,526
2,142
Per Share Basis
Net Income Attributable to Kimberly-Clark Corporation
Basic
Continuing operations
6.44
6.03
2.78
3.94
5.05
Discontinued operations
—
—
—
0.13
0.53
Net income
6.44
6.03
2.78
4.07
5.58
Diluted
Continuing operations
6.40
5.99
2.77
3.91
5.01
Discontinued operations
—
—
—
0.13
0.52
Net income
6.40
5.99
2.77
4.04
5.53
Cash Dividends
Declared
3.88
3.68
3.52
3.36
3.24
Paid
3.83
3.64
3.48
3.33
3.17
Total Assets
15,151
14,602
14,842
15,526
18,919
Long-Term Debt
6,472
6,439
6,106
5,630
5,386
Total Stockholders' Equity
882
117
40
999
5,140
(a)
Results include other expense of $24 and an income tax benefit of $85 for 2017 U.S. tax reform and related matters. See Item 8, Notes 4 and 11 to the consolidated financial statements for details.
(b)
Results include other income of $11 related to an updated assessment of the deconsolidation of our Venezuelan operations. Additionally, results were negatively impacted by pre-tax charges of $35, $27 after tax, related to the 2014 Organization Restructuring. See Item 8, Notes 1 and 2 to the consolidated financial statements for details.
(c)
Results include pre-tax charges related to pension settlements of $1,358, $835 after tax, a $45 nondeductible charge related to the remeasurement of the Venezuelan balance sheet and a pre-tax charge of $108, $102 after tax, related to the deconsolidation of our Venezuelan operations. Additionally, results were negatively impacted by pre-tax charges of $63, $42 after tax, related to the 2014 Organization Restructuring, and nondeductible charges of $23 related to the restructuring of operations in Turkey. Also included is an income tax charge of $49 related to prior years as a result of an updated assessment of uncertain tax positions in certain of our international operations. See Item 8, Notes 1, 2, 6 and 11 to the consolidated financial statements for details.
(d)
Results include pre-tax charges of $133, $95 after tax, related to the 2014 Organization Restructuring, pre-tax charges of $33, $30 after tax, related to European strategic changes, a nondeductible charge of $462 related to the remeasurement of the Venezuelan balance sheet and a nondeductible charge of $35, $17 attributable to Kimberly-Clark Corporation, related to a regulatory dispute in the Middle East. Additionally, results were negatively impacted by pre-tax charges of $157, $138 after tax, for transaction and related costs associated with the spin-off of the health care business (classified in discontinued operations).
(e)
Results include pre-tax charges of $81, $66 after tax, related to European strategic changes. Additionally, results were negatively impacted by a $36 pre-tax charge, $26 after tax, related to the devaluation of the Venezuelan bolivar.
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