Kimberly-Clark 2015 Annual Report Download - page 34

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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES
CONSOLIDATED INCOME STATEMENT
Year Ended December 31
(Millions of dollars, except per share amounts)
2015
2014
2013
Net Sales
$ 18,591
$ 19,724
$ 19,561
Costofproductssold
11,967
13,041
12,952
Gross Profit
6,624
6,683
6,609
Marketing,researchandgeneralexpenses
3,443
3,709
3,699
Other(income)andexpense,net
1,568
453
7
Operating Profit
1,613
2,521
2,903
Interestincome
17
18
20
Interestexpense
(295)
(284)
(282)
Income From Continuing Operations Before Income Taxes and Equity Interests
1,335
2,255
2,641
Provisionforincometaxes
(418)
(856)
(828)
Income From Continuing Operations Before Equity Interests
917
1,399
1,813
Shareofnetincomeofequitycompanies
149
146
205
Income From Continuing Operations
1,066
1,545
2,018
Incomefromdiscontinuedoperations,netofincometaxes
—
50
203
Net Income
1,066
1,595
2,221
Netincomeattributabletononcontrollinginterestsincontinuingoperations
(53)
(69)
(79)
Net Income Attributable to Kimberly-Clark Corporation
$ 1,013
$ 1,526
$ 2,142
Per Share Basis
Net Income Attributable to Kimberly-Clark Corporation
Basic
Continuingoperations
$ 2.78
$ 3.94
$ 5.05
Discontinuedoperations
—
0.13
0.53
Netincome
$ 2.78
$ 4.07
$ 5.58
Diluted
Continuingoperations
$ 2.77
$ 3.91
$ 5.01
Discontinuedoperations
—
0.13
0.52
Netincome
$ 2.77
$ 4.04
$ 5.53
Cash Dividends Declared
$ 3.52
$ 3.36
$ 3.24
SeeNotestoConsolidatedFinancialStatements.
30 KIMBERLY-CLARKCORPORATION - 2015 Annual Report