Item 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
| Year Ended December 31 | |||||||||||||||||||||||||||||
| 2020**(a)** | 2019**(b)** | 2018**(c)** | 2017**(d)** | 2016**(e)** | |||||||||||||||||||||||||
| Net Sales | $ | 19,140 | $ | 18,450 | $ | 18,486 | $ | 18,348 | $ | 18,287 | |||||||||||||||||||
| Gross Profit | 6,822 | 6,035 | 5,597 | 6,587 | 6,691 | ||||||||||||||||||||||||
| Operating Profit | 3,244 | 2,991 | 2,229 | 3,358 | 3,383 | ||||||||||||||||||||||||
| Share of Net Income of Equity Companies | 142 | 123 | 103 | 104 | 132 | ||||||||||||||||||||||||
| Net Income | 2,396 | 2,197 | 1,445 | 2,319 | 2,219 | ||||||||||||||||||||||||
| Net Income Attributable to Noncontrolling Interests | (44) | (40) | (35) | (41) | (53) | ||||||||||||||||||||||||
| Net Income Attributable to Kimberly-Clark Corporation | 2,352 | 2,157 | 1,410 | 2,278 | 2,166 | ||||||||||||||||||||||||
| Per Share Basis | |||||||||||||||||||||||||||||
| Basic | 6.90 | 6.28 | 4.05 | 6.44 | 6.03 | ||||||||||||||||||||||||
| Diluted | 6.87 | 6.24 | 4.03 | 6.40 | 5.99 | ||||||||||||||||||||||||
| Cash Dividends Per Share | |||||||||||||||||||||||||||||
| Declared | 4.28 | 4.12 | 4.00 | 3.88 | 3.68 | ||||||||||||||||||||||||
| Paid | 4.24 | 4.09 | 3.97 | 3.83 | 3.64 | ||||||||||||||||||||||||
| Total Assets | 17,523 | 15,283 | 14,518 | 15,151 | 14,602 | ||||||||||||||||||||||||
| Long-Term Debt | 7,878 | 6,213 | 6,247 | 6,472 | 6,439 | ||||||||||||||||||||||||
| Total Stockholders' Equity | 869 | 194 | (46) | 882 | 117 |
(a) Results include pre-tax charges of $419, $323 after tax, related to the 2018 Global Restructuring Program, acquisition-related costs of $32, $27 after tax, associated with the acquisition of Softex Indonesia, and business tax credits of $77, $51 after tax, related to the resolution of certain Brazil tax matters. See Item 8, Notes 1, 2 and 3 to the consolidated financial statements for details.
(b) Results include pre-tax charges of $366, $248 after tax, related to the 2018 Global Restructuring Program and a pre-tax property sale gain of $31, $24 after tax, related to the sale of property associated with a former manufacturing facility. See Item 8, Notes 2 and 14 to the consolidated financial statements for details.
(c) Results include pre-tax charges of $1,036, $783 after tax, related to the 2018 Global Restructuring Program and a net charge of $117 associated with U.S. tax reform related matters. See Item 8, Notes 2 and 12 to the consolidated financial statements for details.
(d) Results include other expense of $24 and an income tax benefit of $85 for U.S. tax reform related matters.
(e) 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 restructuring plan initiated to improve organization efficiency and offset the impact of stranded overhead costs resulting from the spin-off of our health care business (the "2014 Organization Restructuring").
| 11 | KIMBERLY-CLARK CORPORATION - 2020 Annual Report |
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