2024 Transformation Initiative (Tables)

6 Months Ended

Jun. 30, 2026

Restructuring and Related Activities [Abstract]

The following charges were incurred in connection with the 2024 Transformation Initiative:


	Three Months Ended June 30				Six Months Ended June 30
	2026		2025		2026		2025
Cost of products sold:
Charges for workforce reductions	$	—	$	—	$	3	$	14

Asset write-offs	16		20		20		20
Incremental depreciation	—		57		31		89
Other exit costs	6		5		10		12
Total	22		82		64		135
Marketing, research and general expenses:
Charges for workforce reductions	6		13		15		15
Other exit costs	27		26		48		46
Total	33		39		63		61
Other (income) and expense, net(a)	(1)		—		(22)		—
Nonoperating expense	—		1		—		3
Total charges(b)	54		122		105		199
Provision for income taxes	(14)		(27)		(33)		(27)
Net charges	40		95		72		172
Net charges related to noncontrolling interests	—		(4)		(1)		(4)
Net charges attributable to Kimberly-Clark Corporation	$	40	$	91	$	71	$	168

(a)Other (income) and expense, net includes gains from the sale of manufacturing facilities and associated real estate 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 segment would have been $45 and $101 for the three and six months ended June 30, 2026, respectively (IPC segment amount was not material); $58 and $71 to the NA and IPC segments, respectively, for the three months ended June 30, 2025; and $85 and $91 to the NA and IPC segments, respectively, for the six months ended June 30, 2025, with the residual relating to Corporate & Other. See further discussion around our segment operating results in Note 9.

The following summarizes the 2024 Transformation Initiative liabilities activity:


	Total
Liabilities as of December 31, 2025	$	62
Charges for workforce reductions and other cash exit costs	76
Cash payments	(84)
Currency and other	(6)
Liabilities as of June 30, 2026	$	48

2024 Transformation Initiative liabilities are recorded in Accrued expenses and other current liabilities. The charges related to the 2024 Transformation Initiative are reflected within Operating Activities of our Condensed Consolidated Statements of Cash Flows.

Schedule of Restructuring Reserve by Type of Cost

The following summarizes the 2024 Transformation Initiative liabilities activity:


	Total
Liabilities as of December 31, 2025	$	62
Charges for workforce reductions and other cash exit costs	76
Cash payments	(84)
Currency and other	(6)
Liabilities as of June 30, 2026	$	48