Kimberly-Clark 2015 Annual Report Download - page 21
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Please find page 21 of the 2015 Kimberly-Clark annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Geographical Information
Year Ended December 31
2015
2014
Change
2015 vs. 2014
2013
Change
2014 vs. 2013
NET SALES
NorthAmerica $ 9,531
$ 9,400
+1.4%
$ 9,430
-0.3%
Europe 2,304
2,717
-15.2%
2,839
-4.3%
Asia,LatinAmericaandother 7,154
7,961
-10.1%
7,639
+4.2%
Intergeographicsales (398)
(354)
+12.4%
(347)
+2.0%
TOTAL NET SALES $ 18,591
$ 19,724
-5.7%
$ 19,561
+0.8%
OPERATING PROFIT
NorthAmerica $ 2,180
$ 2,003
+8.8%
$ 1,984
+1.0%
Europe 297
282
+5.3%
237
+19.0%
Asia,LatinAmericaandother 1,071
1,184
-9.5%
1,070
+10.7%
Corporate&Other(a) (367)
(495)
N.M.
(381)
N.M.
Other(income)andexpense,net(b) 1,568
453
N.M.
7
N.M.
TOTAL OPERATING PROFIT $ 1,613
$ 2,521
-36.0%
$ 2,903
-13.2%
(a) Corporate&Otherincludeschargesrelatedtothe2014OrganizationRestructuringof$63and$133and$5and$41relatedtotheremeasurementoftheVenezuelanbalancesheet,in2015
and2014,respectively.Corporate&Otheralsoincludes$23forrestructuringinTurkeyin2015,and$33and$76relatedtoEuropeanstrategicchangesin2014and2013,respectively.
(b) Other(income) and expense, netfor2015and2014 include chargesof$40 and$421 , respectively, related to the remeasurement of the Venezuelan balance sheet. In addition,2015
includes charges of $108 for thedeconsolidation of our Venezuelan operations and$1,358 for charges related to pension settlements and 2014includes a charge of $35relatedtoa
regulatorydisputeintheMiddleEast.Theresultsfor2013includeabalancesheetremeasurementchargeof$36duetoadevaluationoftheVenezuelanbolivarandachargeof$5for
Europeanstrategicchanges.
18 KIMBERLY-CLARKCORPORATION - 2015 Annual Report