Kimberly-Clark 2007 Annual Report Download - page 99
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KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Supplemental Balance Sheet Data
December 31
Summary of Accounts Receivable, net 2007 2006
Accounts Receivable:
From customers ........................................................ $2,326.2 $2,142.2
Other ................................................................ 307.5 253.2
Less allowance for doubtful accounts and sales discounts ....................... (73.1) (58.7)
Total ............................................................ $2,560.6 $2,336.7
December 31
Summary of Inventories 2007 2006
Inventories by Major Class:
At the lower of cost determined on the FIFO or weighted-average cost methods or
market:
Raw materials ..................................................... $ 476.3 $ 398.3
Work in process .................................................... 357.3 298.6
Finished goods ..................................................... 1,564.1 1,263.4
Supplies and other .................................................. 261.0 242.6
2,658.7 2,202.9
Excess of FIFO or weighted-average cost over LIFO cost ........................... (214.9) (198.4)
Total ................................................................ $2,443.8 $2,004.5
FIFO or weighted-average value of total inventories determined on the LIFO method were $1,203.0 million
and $936.0 million at December 31, 2007 and December 31, 2006, respectively.
December 31
Summary of Property, Plant and Equipment, net 2007 2006
Property, Plant and Equipment
Land ............................................................... $ 221.6 $ 241.5
Buildings ........................................................... 2,604.2 2,432.3
Machinery and equipment .............................................. 12,872.0 12,130.7
Construction in progress ............................................... 545.2 600.4
16,243.0 15,404.9
Less accumulated depreciation .............................................. (8,149.0) (7,720.1)
Total .............................................................. $ 8,094.0 $ 7,684.8
December 31
Summary of Accrued Expenses 2007 2006
Accrued advertising and promotion .......................................... $ 384.3 $ 333.2
Accrued salaries and wages ................................................. 403.0 404.5
Accrued expenses—strategic cost reductions ................................... 53.8 111.2
Other .................................................................. 941.7 754.9
Total .............................................................. $ 1,782.8 $ 1,603.8
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