| Earnings Per Share Basic and diluted earnings per share ("EPS") were calculated as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30 | | Six Months Ended June 30 | | (In millions, except per share amounts) | | 2026 | | 2025 | | 2026 | | 2025 | | Income from Continuing Operations | | $ | 410 | | | $ | 444 | | | $ | 984 | | | $ | 914 | | | Less: Net income attributable to noncontrolling interests | | (5) | | | (3) | | | (15) | | | (9) | | | Income from Continuing Operations Attributable to Kimberly-Clark Corporation | | 405 | | | 441 | | | 969 | | | 905 | | | Income (Loss) from Discontinued Operations, Net of Income Taxes | | (60) | | | 68 | | | 41 | | | 171 | | | Net Income Attributable to Kimberly-Clark Corporation | | $ | 345 | | | $ | 509 | | | $ | 1,010 | | | $ | 1,076 | | | | | | | | | | | | Weighted-Average Common Shares | | | | | | | | | | Basic | | 332.4 | | | 332.1 | | | 332.1 | | | 331.9 | | | Dilutive effect of stock options and restricted share unit awards | | 0.9 | | | 1.2 | | | 1.2 | | | 1.4 | | | Diluted | | 333.3 | | | 333.3 | | | 333.3 | | | 333.3 | | | | | | | | | | | | Basic: | | | | | | | | | | Continuing operations | | $ | 1.22 | | | $ | 1.33 | | | $ | 2.92 | | | $ | 2.73 | | | Discontinued operations | | (0.18) | | | 0.20 | | | 0.12 | | | 0.51 | | | Basic Earnings per Share | | $ | 1.04 | | | $ | 1.53 | | | $ | 3.04 | | | $ | 3.24 | | | | | | | | | | | | Diluted: | | | | | | | | | | Continuing operations | | $ | 1.22 | | | $ | 1.33 | | | $ | 2.91 | | | $ | 2.72 | | | Discontinued operations | | (0.18) | | | 0.20 | | | 0.12 | | | 0.51 | | | Diluted Earnings per Share | | $ | 1.04 | | | $ | 1.53 | | | $ | 3.03 | | | $ | 3.23 | |
We use the treasury stock method to calculate the dilutive effect of our outstanding 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 2.4 million for the three and six months ended June 30, 2026 and 1.1 million for the three and six months ended June 30, 2025. The number of common shares outstanding as of June 30, 2026 and 2025 was 332.6 million and 331.9 million, respectively.
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