| Earnings Per Share Basic and diluted earnings per share ("EPS") were calculated as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30 | | Nine Months Ended September 30 | | (In millions, except per share amounts) | | 2025 | | 2024 | | 2025 | | 2024 | | Income From Continuing Operations | | $ | 344 | | | $ | 823 | | | $ | 1,258 | | | $ | 1,843 | | | Less: Net income attributable to noncontrolling interests | | (8) | | | (8) | | | (17) | | | (28) | | | Income From Continuing Operations Attributable to Kimberly-Clark Corporation | | 336 | | | 815 | | | 1,241 | | | 1,815 | | | Income From Discontinued Operations, Net of Income Taxes | | 110 | | | 92 | | | 281 | | | 283 | | | Net Income Attributable to Kimberly-Clark Corporation | | $ | 446 | | | $ | 907 | | | $ | 1,522 | | | $ | 2,098 | | | | | | | | | | | | Weighted-Average Common Shares | | | | | | | | | | Basic | | 331.8 | | | 335.7 | | | 331.9 | | | 336.6 | | | Dilutive effect of stock options and restricted share unit awards | | 1.3 | | | 1.5 | | | 1.3 | | | 1.3 | | | Diluted | | 333.1 | | | 337.2 | | | 333.2 | | | 337.9 | | | | | | | | | | | | Basic: | | | | | | | | | | Continuing Operations | | $ | 1.01 | | | $ | 2.43 | | | $ | 3.74 | | | $ | 5.39 | | | Discontinued Operations | | 0.33 | | | 0.27 | | | 0.85 | | | 0.84 | | | Basic Earnings per Share | | $ | 1.34 | | | $ | 2.70 | | | $ | 4.59 | | | $ | 6.23 | | | | | | | | | | | | Diluted: | | | | | | | | | | Continuing Operations | | $ | 1.01 | | | $ | 2.42 | | | $ | 3.73 | | | $ | 5.37 | | | Discontinued Operations | | 0.33 | | | 0.27 | | | 0.84 | | | 0.84 | | | Diluted Earnings per Share | | $ | 1.34 | | | $ | 2.69 | | | $ | 4.57 | | | $ | 6.21 | |
We use the treasury stock method to calculate the dilutive effect of stock options and other stock-based awards. Options outstanding not included in the computation of diluted EPS because their exercise price was greater than the average market price of the common shares were not material. The number of common shares outstanding as of September 30, 2025 and 2024 was 331.9 million and 333.5 million, respectively.
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