v3.25.3
2024 Transformation Initiative (Tables)
9 Months Ended
Sep. 30, 2025
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The following charges were incurred in connection with the 2024 Transformation Initiative:
Three Months Ended
September 30
Nine Months Ended
September 30
2025202420252024
Cost of products sold:
Charges for workforce reductions$3 $12 $17 $46 
Asset write-offs7 27 13 
Incremental depreciation15 10 104 13 
Other exit costs9 21 
Total34 31 169 76 
Marketing, research and general expenses:
Charges for workforce reductions1 48 16 117 
Other exit costs27 45 73 91 
Total28 93 89 208 
Other (income) and expense, net(a)
 —  75 
Nonoperating expense — 3 — 
Total charges(b)
62 124 261 359 
Provision for income taxes(12)(18)(39)(102)
Net charges50 106 222 257 
Net charges related to noncontrolling interests(3)— (7)— 
Net charges attributable to Kimberly-Clark Corporation$47 $106 $215 $257 
(a)Other (Income) and expense, net includes losses recognized for the exit of certain businesses and markets as part of the 2024 Transformation Initiative.
(b)We do not include 2024 Transformation Initiative charges within our segment operating results. Total impact of these charges to the NA and IPC segments were $32 and $36, respectively, for the three months ended September 30, 2025, $60 and $31, respectively, for the three months ended September 30, 2024, $117 and $127, respectively, for the nine months ended September 30, 2025, and $125 and $160, respectively, for the nine months ended September 30, 2024, with the residual relating to Corporate & Other. See further discussion around our segment operating results in Note 11.
Schedule of Restructuring Reserve by Type of Cost
The following summarizes the 2024 Transformation Initiative liabilities activity:
2025
2024 Transformation Initiative liabilities as of January 1$130 
Charges for workforce reductions and other cash exit costs126 
Cash payments(183)
Currency and other(10)
2024 Transformation Initiative liabilities as of September 30$63