Kimberly-Clark 2010 Annual Report Download - page 86

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KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Supplemental Cash Flow Statement Data
Summary of Cash Flow Effects of Decrease (Increase) in
Operating Working Capital(a)
Year Ended December 31
2010 2009 2008
Accounts receivable ...................................................... $45 $ (20) $ 148
Inventories ............................................................. (341) 523 (45)
Prepaid expenses ........................................................ 10 (1) 13
Trade accounts payable ................................................... 263 278 (43)
Accrued expenses ....................................................... (122) 201 (185)
Accrued income taxes .................................................... 180 (27) (96)
Derivatives ............................................................. (61) 116 (65)
Currency .............................................................. 50 35 (62)
Decrease (increase) in operating working capital ............................... $24 $1,105 $(335)
(a) Excludes the effects of acquisitions and dispositions.
Year Ended December 31
Other Cash Flow Data 2010 2009 2008
Interest paid ............................................................ $248 $290 $319
Income taxes paid ........................................................ 582 764 538
Year Ended December 31
Interest Expense 2010 2009 2008
Gross interest cost ....................................................... $255 $288 $318
Capitalized interest on major construction projects .............................. (12) (13) (14)
Interest expense ......................................................... $243 $275 $304
Note 22. Unaudited Quarterly Data
2010 2009
Fourth Third Second First Fourth Third Second First
(Millions of dollars, except per share amounts)
Net sales ....................... $5,075 $4,979 $4,857 $4,835 $4,982 $4,913 $4,727 $4,493
Gross profit ..................... 1,645 1,614 1,644 1,647 1,666 1,727 1,573 1,454
Operating profit .................. 699 698 711 665 717 871 609 628
Net income attributable to the
Corporation ................... 492 469 498 384 492 582 403 407
Per share basis:
Basic .................. 1.20 1.14 1.20 .92 1.18 1.40 .97 .98
Diluted ................. 1.20 1.14 1.20 .92 1.17 1.40 .97 .98
Cash dividends declared per share . . . .66 .66 .66 .66 .60 .60 .60 .60
Market price per share:
High ....................... 67.23 67.24 63.49 64.62 67.03 60.48 54.31 53.90
Low ....................... 61.06 59.62 59.57 58.25 57.67 51.71 45.19 43.05
Close ...................... 63.04 65.05 60.63 62.88 63.71 58.98 52.43 46.11
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