Kimberly-Clark 2015 Annual Report Download - page 61

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Theprincipalsourcesofrevenueineachglobalbusinesssegmentaredescribedbelow:
•Personal Care brandsofferourconsumersatrustedpartnerincaringforthemselvesandtheirfamiliesbydeliveringconfidence,protectionanddiscretion
through a wide variety of innovative solutions and products such as disposable diapers, training and youth pants, swimpants, baby wipes, feminine and
incontinence care products, and other related products.  Products in this segment are sold under the Huggies, Pull-Ups, Little Swimmers, GoodNites,
DryNites,Kotex,UbyKotex,Intimus,Depend,Plenitud,Poiseandotherbrandnames.
•Consumer Tissue offersawidevarietyofinnovativesolutionsandtrustedbrandsthattouchandimprovepeople'sliveseveryday.Productsinthissegment
includefacial andbathroom tissue,papertowels,napkinsand relatedproducts, andaresoldunderthe Kleenex,Scott,Cottonelle,Viva,Andrex, Scottex,
Neveandotherbrandnames.
•K-C Professional partnerswithbusinessestocreateExceptionalWorkplaces,helpingtomakethemhealthier,saferandmoreproductivethrougharangeof
solutionsandsupportingproductssuchaswipers,tissue,towels,apparel,soapsandsanitizers.Ourbrands,includingKleenex,Scott,WypAll,Kimtechand
JacksonSafety,arewell-knownforqualityandtrustedtohelppeoplearoundtheworldworkbetter.
NetsalestoWal-MartStores,Inc.wereapproximately14percentin2015,andapproximately13percentin2014and2013,ofourtotalnetsales.
Informationconcerningconsolidatedoperationsbybusinesssegmentispresentedinthefollowingtables:
ConsolidatedOperationsbyBusinessSegment
Year Ended December 31
2015
2014
2013
NET SALES (a)
PersonalCare $ 9,204
$ 9,635
$ 9,536
ConsumerTissue 6,121
6,645
6,637
K-CProfessional 3,219
3,388
3,323
Corporate&Other 47
56
65
TOTAL NET SALES $ 18,591
$ 19,724
$ 19,561
OPERATING PROFIT (b)
PersonalCare $ 1,885
$ 1,803
$ 1,698
ConsumerTissue 1,073
1,062
988
K-CProfessional 590
604
605
Corporate&Other(c) (367)
(495)
(381)
Other(income)andexpense,net(d) 1,568
453
7
TOTAL OPERATING PROFIT $ 1,613
$ 2,521
$ 2,903
(a) NetsalesintheUnitedStatestothirdpartiestotaled$8,819,$8,573and$8,557in2015,2014and2013,respectively.
(b) Segmentoperatingprofitexcludesother(income)andexpense,netandincomeandexpensesnotassociatedwiththebusinesssegments.
(c) Corporate&Otherincludeschargesrelatedtothe2014OrganizationRestructuringof$63and$133,and$5and$41relatedtotheremeasurementoftheVenezuelanbalancesheet,in
2015and2014 , respectively. Corporate & Other also includes $23 for restructuring in Turkey in 2015, and $33 and$76 related to European strategic changes in 2014and2013,
respectively
(d) Other(income) and expense, netfor2015and2014 include chargesof$40 and$421 , respectively, related to the remeasurement of the Venezuelan balance sheet. In addition,2015
includes charges of $108 for thedeconsolidation of our Venezuelan operations and$1,358 for charges related to pension settlements and 2014includes a charge of $35relatedtoa
regulatorydisputeintheMiddleEast.Theresultsfor2013includeabalancesheetremeasurementchargeof$36duetoadevaluationoftheVenezuelanbolivarandachargeof$5for
Europeanstrategicchanges.
57 KIMBERLY-CLARKCORPORATION - 2015 Annual Report