Since 1872, Kimberly-Clark’s 45,000 employees around the world are...
Keep ReadingKimberly-Clark has a long history of providing products that improve the health, hygiene, and well-being of people everywhere.
Keep ReadingFueled by ingenuity, creativity, and an understanding of people’s most essential needs, Kimberly-Clark and its trusted brands are an indispensable part of life for people in more than 175 countries...
Keep ReadingKimberly-Clark and its trusted brands, including Huggies®, Kleenex®, Andrex®, Cottonelle®, Scott®, Kotex® and...
Keep ReadingFor more than a century we’ve thrived as an organization by helping individuals thrive through the talents and energy that make them unique...
Keep ReadingAs we continue to make progress toward our global goal to halve our environ-mental footprint by 2030, we impro...
Keep ReadingSupplemental Information Regarding Conference Call Remarks of October 25, 2004Return on Invested Capital (ROIC) is a measure of the return we earn on the capital invested in our businesses. Improving ROIC is a primary objective of our Global Business Plan. Our incentive compensation plans also contain ROIC objectives. We calculate ROIC on a rolling average four quarter basis using reported quarterly financial information. We calculate ROIC as follows:
Where for each of the most recent four quarters:
A = total reported operating profit for the periodB = total reported nonoperating expense for the period
C = average effective tax rate for the period
D = total reported share of net income of equity companies for the period
E = average total assets for the period
F = average total current liabilities for the period
G = average debt payable within one year for the period