Item 16. FORM 10-K SUMMARY

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Item 16. FORM 10-K SUMMARY

None.



	63	KIMBERLY-CLARK CORPORATION - 2018 Annual Report

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.



	KIMBERLY-CLARK CORPORATION

February 7, 2019	By:	/s/ Maria Henry
		Maria Henry
		Senior Vice President and Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.



/s/ Michael D. Hsu	Chief Executive Officer and Director (principal executive officer)	February 7, 2019
Michael D. Hsu

/s/ Maria Henry	Senior Vice President and Chief Financial Officer (principal financial officer)	February 7, 2019
Maria Henry

/s/ Michael T. Azbell	Vice President and Controller (principal accounting officer)	February 7, 2019
Michael T. Azbell

Directors



John F. Bergstrom		Nancy J. Karch
Abelardo E. Bru		Sherilyn S. McCoy
Robert W. Decherd		Christa S. Quarles
Thomas J. Falk		Ian C. Read
Fabian T. Garcia		Marc J. Shapiro
Mae C. Jemison		Michael D. White
James M. Jenness



By:	/s/ Jeffrey Melucci	February 7, 2019
	Jeffrey Melucci Attorney-in-Fact



	64	KIMBERLY-CLARK CORPORATION - 2018 Annual Report

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

FOR THE YEARS ENDED DECEMBER 31, 2018, 2017 AND 2016

(Millions of dollars)



Description	Balance at Beginning of Period			Additions							Deductions
Charged to Costs and Expenses			Charged to Other Accounts(a)			Write-Offs and Reclassifications				Balance at End of Period
December 31, 2018
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	38		$	15		$	(3	)		$	14	(b)	$	36
Allowances for sales discounts	18			248			(4		)		245		(c)	17
December 31, 2017
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	50		$	8		$	2			$	22	(b)	$	38
Allowances for sales discounts	18			247			—				247		(c)	18
December 31, 2016
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	50		$	8		$	3			$	11	(b)	$	50
Allowances for sales discounts	15			254			—				251		(c)	18


(a)	Includes bad debt recoveries and the effects of changes in foreign currency exchange rates.


(b)	Primarily uncollectible receivables written off.


(c)	Sales discounts allowed.



			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses			Charged to Other Accounts		Deductions(a)			Balance at End of Period
December 31, 2018
Deferred taxes
Valuation allowance	$	176	$	55		$	—	$	11		$	220
December 31, 2017
Deferred taxes
Valuation allowance	$	225	$	(59	)	$	—	$	(10	)	$	176
December 31, 2016
Deferred taxes
Valuation allowance	$	274	$	(45	)	$	—	$	4		$	225


(a)	Represents the net currency effects of translating valuation allowances at current rates of exchange.



	65	KIMBERLY-CLARK CORPORATION - 2018 Annual Report

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