Stock Analysis on Net
Stock Analysis on Net

Kimberly-Clark Corp. (NYSE:KMB)

$22.49

This company has been moved to the archive! The financial data has not been updated since April 23, 2021.

Balance Sheet: Liabilities and Stockholders’ Equity

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

Paying user area

Try for free

Kimberly-Clark Corp. pages available for free this week:

The data is hidden behind: . Unhide it.

Get access

This is a one-time payment. There is no automatic renewal.

We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Kimberly-Clark Corp., consolidated balance sheet: liabilities and stockholders’ equity

US$ in millions

Microsoft Excel
Dec 31, 2020 Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016
Debt payable within one year
Trade accounts payable
Accrued advertising and promotion
Accrued salaries and wages
Accrued rebates
Accrued taxes, income and other
Current operating lease liabilities
Accrued restructuring
Accrued interest
Other
Accrued expenses and other current liabilities
Dividends payable
Current liabilities
Long-term debt, excluding payable within one year
Noncurrent employee benefits
Deferred income taxes
Other liabilities
Noncurrent liabilities
Total liabilities
Redeemable preferred securities of subsidiaries
Preferred stock, no par value; none issued
Common stock, $1.25 par value
Additional paid-in capital
Common stock held in treasury, at cost
Retained earnings
Accumulated other comprehensive loss
Total Kimberly-Clark Corporation stockholders’ equity
Noncontrolling interests
Total stockholders’ equity
Total liabilities and stockholders’ equity

Based on: 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31).

The financial data reveals several notable trends in the liabilities and equity structure over the five-year period.

Current Liabilities
Current liabilities showed an overall increasing trend from 5,846 million US$ in 2016 to a peak of 6,919 million US$ in 2019, before declining to 6,443 million US$ in 2020. Within this category, trade accounts payable exhibited steady growth, rising from 2,609 million US$ in 2016 to 3,336 million US$ in 2020. Debt payable within one year fluctuated, decreasing from 1,133 million US$ in 2016 to 953 million US$ in 2017, increasing again to 1,534 million US$ in 2019, then substantially dropping to 486 million US$ in 2020. Accrued advertising and promotion, accrued salaries and wages, and accrued rebates all showed moderate upward trends, with accrued salaries and wages rising from 426 million US$ to 531 million US$ over the period.
Accrued Restructuring and Current Operating Lease Liabilities
Accrued restructuring expenses appeared only starting in 2018 with 118 million US$, declining gradually to 73 million US$ in 2020. Current operating lease liabilities data is present only in 2019 and 2020 with values near 130 million US$, reflecting possible adoption or disclosure changes in lease accounting.
Long-term and Noncurrent Liabilities
Long-term debt, excluding amounts payable within one year, remained relatively stable between 2016 and 2019 but rose sharply in 2020 from 6,213 million US$ to 7,878 million US$. Noncurrent employee benefits consistently decreased from 1,301 million US$ in 2016 to 864 million US$ in 2020. Deferred income taxes fluctuated but showed a meaningful increase to 723 million US$ in 2020 from 395 million US$ in 2017. Other noncurrent liabilities rose significantly from 309 million US$ in 2016 to 718 million US$ in 2020. Overall, noncurrent liabilities increased from 8,581 million US$ in 2016 to 10,183 million US$ in 2020.
Total Liabilities
Total liabilities showed a steady increase from 14,427 million US$ in 2016 to 16,626 million US$ in 2020, reflecting the increases in both current and noncurrent obligations, particularly the higher long-term debt and other liabilities in the final year.
Stockholders’ Equity
Stockholders' equity exhibited volatility over the period. Retained earnings grew overall from 5,831 million US$ in 2016 to 7,567 million US$ in 2020, indicating retained profitability. However, treasury stock at cost increased in absolute terms (more negative), reaching -4,899 million US$ in 2020, suggesting share repurchases or holdings of treasury stock increased. Accumulated other comprehensive loss showed some improvement, decreasing the negative balance from -3,474 million US$ in 2016 to -3,172 million US$ in 2020. Despite these elements, total Kimberly-Clark Corporation stockholders' equity swung between negative and positive values, ending at 626 million US$ in 2020 compared to -102 million US$ in 2016. Total stockholders' equity overall transitioned from 117 million US$ in 2016 to 869 million US$ in 2020, indicating a recovery from negative equity levels noted in 2018 and 2019.
Other Observations
There is limited activity in redeemable preferred securities, remaining relatively constant and low throughout the period. Additional paid-in capital fluctuated, with a notable dip in 2018 but recovering by 2020. Common stock par value remained steady at 473 million US$ with no issuance changes detected.

In summary, the company demonstrated increasing liabilities driven primarily by long-term debt and other noncurrent obligations, coupled with growing current liabilities such as trade payables. Equity components showed variability but demonstrated overall recovery by the final year, with retained earnings growth offsetting negative impacts from treasury stock and accumulated comprehensive losses. The data suggests increased leverage over time alongside efforts to maintain or improve equity levels.