v3.26.1
Segment Reporting (Tables)
6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
The tables below present net sales and the significant expense categories that are included in Segment Operating Profit and regularly provided to our CODM:
Three Months Ended June 30, 2026
NAIPCTotal
Net Sales$2,698 $1,491 $4,189 
Cost of Products Sold1,535 1,007 2,542 
Advertising and Promotion Expense179 101 280 
Research, Selling and General Expense259 196 455 
Other (Income) and Expense, net(a)
 1 1 
Segment Operating Profit$725 $186 $911 
Corporate & Other(278)
Total Operating Profit$633 

Six Months Ended June 30, 2026
NAIPCTotal
Net Sales$5,349 $3,003 $8,352 
Cost of Products Sold3,117 1,995 5,112 
Advertising and Promotion Expense366 212 578 
Research, Selling and General Expense518 364 882 
Other (Income) and Expense, net(a)
 1 1 
Segment Operating Profit$1,348 $431 $1,779 
Corporate & Other(393)
Total Operating Profit$1,386 

Three Months Ended June 30, 2025
NAIPCTotal
Net Sales$2,730 $1,433 $4,163 
Cost of Products Sold1,642 967 2,609 
Advertising and Promotion Expense170 98 268 
Research, Selling and General Expense263 183 446 
Other (Income) and Expense, net(a)
— 
Segment Operating Profit$655 $182 $837 
Corporate & Other(245)
Total Operating Profit$592 
(a)    Other (income) and expense, net primarily includes the effects of changes in exchange rates on monetary assets and liabilities for subsidiaries where we have adopted highly inflationary accounting.
Six Months Ended June 30, 2025
NAIPCTotal
Net Sales$5,398 $2,819 $8,217 
Cost of Products Sold3,205 1,873 5,078 
Advertising and Promotion Expense335 203 538 
Research, Selling and General Expense525 356 881 
Other (Income) and Expense, net(a)
— 
Segment Operating Profit$1,333 $383 $1,716 
Corporate & Other(493)
Total Operating Profit$1,223 
(a)    Other (income) and expense, net primarily includes the effects of changes in exchange rates on monetary assets and liabilities for subsidiaries where we have adopted highly inflationary accounting.
Depreciation and amortization expense by segment:
Three Months Ended
June 30
Six Months Ended
June 30
2026202520262025
NA$117 $124 $261 $228 
IPC50 70 99 135 
Total Segment Depreciation and Amortization167 194 360 363 
Corporate & Other —  
Total(a)
$167 $194 $360 $372 
(a)    Excludes discontinued operations. See Note 3 for depreciation and amortization of discontinued operations.
Capital spending by segment:
Three Months Ended
June 30
Six Months Ended
June 30
2026202520262025
NA$206 $141 $543 $284 
IPC50 35 91 71 
Total Segment Capital Spending256 176 634 355 
Corporate & Other29 — 61 — 
Total(a)
$285 $176 $695 $355 
(a)    Excludes discontinued operations. See Note 3 for capital spending of discontinued operations.
Sales of Principal Products:
Three Months Ended
June 30
Six Months Ended
June 30
2026202520262025
Baby and Child Care$1,752 $1,768 $3,448 $3,405 
Family Care1,015 997 2,055 2,024 
Professional476 465 936 911 
Adult Care493 492 976 968 
Feminine Care423 412 874 855 
All other30 29 63 54 
Total$4,189 $4,163 $8,352 $8,217 
[1]
[1] Segment Reporting
The Company's continuing operations are organized by operating segments aggregated into two reportable segments defined by geographic region: North America ("NA") and International Personal Care ("IPC").
As a result of the IFP Transaction discussed in Notes 1 and 3, the results of operations and applicable assets and liabilities of the IFP Business are reported as discontinued operations in the Company's financial statements and are excluded from segment results for all periods presented. Certain operations and commercial activities of the former IFP segment retained by K-C are now reported in the NA and IPC segments. For further information about these changes, refer to our Annual Report on Form 10-K for the year ended December 31, 2025.
The reportable segments were determined in accordance with how our Chief Executive Officer, who is our chief operating decision maker ("CODM"), develops and executes global strategies to drive growth and profitability. These strategies include global plans for branding and product positioning, technology, research and development programs, cost reductions including supply chain management, and capacity and capital investments for each of these businesses. The primary measure of segment profitability utilized by our CODM is segment operating profit. Our CODM uses this measure to assess the operating results and performance of our segments, perform analytical comparisons to budget and allocate resources to each segment. Segment operating profit excludes Corporate & Other, which primarily encompasses certain unallocated general corporate expenses, impairment charges, one-time (gains) or losses associated with acquisitions and divestitures, costs related to our reorganization activities that are not associated with the ongoing operations of the segments, certain operations of the former IFP segment that were divested prior to the IFP Transaction, and costs previously allocated to the former IFP segment that aren't reported as discontinued operations. Our CODM does not use assets by segment to evaluate performance or allocate resources. Therefore, we do not disclose assets by segment.
The principal sources of revenue in each segment are described below:
North America consists of products encompassing each of our five global daily-need categories across consumer and professional channels including disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear, facial and bathroom tissue, paper towels, napkins, wipers, tissue, towels, soaps and sanitizers and other related products. These products are sold under the Huggies, Pull-Ups, GoodNites, Kotex, Poise, Depend, Kleenex, Scott, Cottonelle, Viva, Wypall and other brand names.
International Personal Care consists of three core categories — Baby & Child Care, Adult Care and Feminine Care, including disposable diapers, training and youth pants, swimpants, baby wipes, feminine and incontinence care products, reusable underwear and other related products. These products are sold under the Huggies, Kotex, Goodfeel, Intimus, Depend and other brand names.
The tables below present net sales and the significant expense categories that are included in Segment Operating Profit and regularly provided to our CODM:
Three Months Ended June 30, 2026
NAIPCTotal
Net Sales$2,698 $1,491 $4,189 
Cost of Products Sold1,535 1,007 2,542 
Advertising and Promotion Expense179 101 280 
Research, Selling and General Expense259 196 455 
Other (Income) and Expense, net(a)
 1 1 
Segment Operating Profit$725 $186 $911 
Corporate & Other(278)
Total Operating Profit$633 

Six Months Ended June 30, 2026
NAIPCTotal
Net Sales$5,349 $3,003 $8,352 
Cost of Products Sold3,117 1,995 5,112 
Advertising and Promotion Expense366 212 578 
Research, Selling and General Expense518 364 882 
Other (Income) and Expense, net(a)
 1 1 
Segment Operating Profit$1,348 $431 $1,779 
Corporate & Other(393)
Total Operating Profit$1,386 

Three Months Ended June 30, 2025
NAIPCTotal
Net Sales$2,730 $1,433 $4,163 
Cost of Products Sold1,642 967 2,609 
Advertising and Promotion Expense170 98 268 
Research, Selling and General Expense263 183 446 
Other (Income) and Expense, net(a)
— 
Segment Operating Profit$655 $182 $837 
Corporate & Other(245)
Total Operating Profit$592 
(a)    Other (income) and expense, net primarily includes the effects of changes in exchange rates on monetary assets and liabilities for subsidiaries where we have adopted highly inflationary accounting.
Six Months Ended June 30, 2025
NAIPCTotal
Net Sales$5,398 $2,819 $8,217 
Cost of Products Sold3,205 1,873 5,078 
Advertising and Promotion Expense335 203 538 
Research, Selling and General Expense525 356 881 
Other (Income) and Expense, net(a)
— 
Segment Operating Profit$1,333 $383 $1,716 
Corporate & Other(493)
Total Operating Profit$1,223 
(a)    Other (income) and expense, net primarily includes the effects of changes in exchange rates on monetary assets and liabilities for subsidiaries where we have adopted highly inflationary accounting.
Depreciation and amortization expense by segment:
Three Months Ended
June 30
Six Months Ended
June 30
2026202520262025
NA$117 $124 $261 $228 
IPC50 70 99 135 
Total Segment Depreciation and Amortization167 194 360 363 
Corporate & Other —  
Total(a)
$167 $194 $360 $372 
(a)    Excludes discontinued operations. See Note 3 for depreciation and amortization of discontinued operations.
Capital spending by segment:
Three Months Ended
June 30
Six Months Ended
June 30
2026202520262025
NA$206 $141 $543 $284 
IPC50 35 91 71 
Total Segment Capital Spending256 176 634 355 
Corporate & Other29 — 61 — 
Total(a)
$285 $176 $695 $355 
(a)    Excludes discontinued operations. See Note 3 for capital spending of discontinued operations.
Sales of Principal Products:
Three Months Ended
June 30
Six Months Ended
June 30
2026202520262025
Baby and Child Care$1,752 $1,768 $3,448 $3,405 
Family Care1,015 997 2,055 2,024 
Professional476 465 936 911 
Adult Care493 492 976 968 
Feminine Care423 412 874 855 
All other30 29 63 54 
Total$4,189 $4,163 $8,352 $8,217