Kimberly-Clark 2015 Annual Report Download - page 53
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Please find page 53 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.Weexpecttocontributeupto$100toourdefinedbenefitpensionplansin2016.Overthenexttenyears,weexpectthatthefollowinggrossbenefitpaymentswill
occur:
Pension Benefits
Other Benefits
2016 $ 217
$ 51
2017 234
53
2018 238
54
2019 242
56
2020 251
58
2021-2025 1,284
291
DefinedContributionPensionPlans
Our401(k)profitsharingplanandsupplementalplanprovideforamatchingcontributionofaU.S.employee'scontributionsandaccruals,subjecttopredetermined
limits,aswellasadiscretionaryprofitsharingcontribution, inwhichcontributionswillbebasedonourprofitperformance.Wealsohavedefinedcontribution
pensionplansforcertainemployeesoutsidetheU.S.Costschargedtoexpenseforourdefinedcontributionpensionplanswere$107,$121and$117in2015,
2014and2013,respectively.Approximatelyone-thirdofthesecostswereforplansoutsidetheU.S.
Note 10 . Stockholders' Equity
Duringthefirstquarterof2015,weacquiredtheremaining49.9percentinterestinoursubsidiaryinIsrael,Hogla-Kimberly,Ltd.,for$151.Asoursubsidiaryin
Turkeywaswholly-ownedbyoursubsidiaryinIsrael,throughthisacquisitionwealsoeffectivelyacquiredtheremaining49.9percentinterestinoursubsidiaryin
Turkey,Kimberly-ClarkTuketimMallariSanayiveTicaretA.s.Thepurchaseofadditionalownershipinanalreadycontrolledsubsidiaryistreatedasanequity
transactionwithnogainorlossrecognizedinconsolidatednetincomeorcomprehensiveincome.Theeffectofthechangeinownershipinterestisasfollows:
2015
NetIncomeAttributabletoKimberly-ClarkCorporation
$ 1,013
DecreaseinKimberly-ClarkCorporation'sadditionalpaid-incapitalforacquisition
(94)
ChangefromnetincomeattributabletoKimberly-ClarkCorporationandtransferstononcontrollinginterests
$ 919
49 KIMBERLY-CLARKCORPORATION - 2015 Annual Report