10-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K

x Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the fiscal year ended December 31, 2013

OR

o Transition Report Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

For the transition period from                  to        

KIMBERLY-CLARK CORPORATION

(Exact name of registrant as specified in its charter)

Delaware	1-225	39-0394230
(State or other jurisdiction of incorporation)	(Commission file number)	(I.R.S. Employer Identification No.)
P.O. Box 619100, Dallas, Texas		75261-9100
(Address of principal executive offices)		(Zip code)

Registrant's telephone number, including area code: (972) 281-1200

Securities registered pursuant to Section 12(b) of the Act:

Common Stock—$1.25 Par Value	New York Stock Exchange
(Title of each class)	(Name of each exchange on which registered)

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.    Yes    xNo    o

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.    Yes    oNo    x

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.    Yes    xNo    o

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate website, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes    xNo    o

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. o

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer x	Accelerated filer   o
Non-accelerated filer   o(Do not check if a smaller reporting company)	Smaller reporting company  o

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).           Yes  oNo  x

The aggregate market value of the registrant's common stock held by non-affiliates on June 30, 2013 (based on the most recent closing stock price on the New York Stock Exchange as of such date) was approximately $37.2 billion.

As of February 7, 2014, there were 379,402,894 shares of Kimberly-Clark common stock outstanding.

DOCUMENTS INCORPORATED BY REFERENCE

Certain information contained in the definitive Proxy Statement for Kimberly-Clark's Annual Meeting of Stockholders to be held on May 1, 2014 is incorporated by reference into Part III.

KIMBERLY-CLARK CORPORATION

TABLE OF CONTENTS

		Page
Part I
Item 1.	Business	1
Item 1A.	Risk Factors	3
Item 1B.	Unresolved Staff Comments	8
Item 2.	Properties	8
Item 3.	Legal Proceedings	9
Item 4.	Mine Safety Disclosures	9
	Executive Officers of the Registrant	9
Part II
Item 5.	Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	12
Item 6.	Selected Financial Data	13
Item 7.	Management's Discussion and Analysis of Financial Condition and Results of Operations	14
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk	28
Item 8.	Financial Statements and Supplementary Data	30
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	63
Item 9A.	Controls and Procedures	63
Item 9B.	Other Information	65
Part III
Item 10.	Directors, Executive Officers and Corporate Governance	66
Item 11.	Executive Compensation	66
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	66
Item 13.	Certain Relationships and Related Transactions, and Director Independence	67
Item 14.	Principal Accountant Fees and Services	67
Part IV
Item 15.	Exhibits, Financial Statement Schedules	68
Signatures		71

KIMBERLY-CLARK CORPORATION - 2013 Annual Report

PART I

ITEM 1.    BUSINESS

Kimberly-Clark Corporation was incorporated in Delaware in 1928. We are a global company focused on leading the world in essentials for a better life through product innovation and building our personal care, consumer tissue, K-C Professional and health care brands. We are principally engaged in the manufacturing and marketing of a wide range of products mostly made from natural or synthetic fibers using advanced technologies in fibers, nonwovens and absorbency. Unless the context indicates otherwise, the terms "Corporation," "Kimberly-Clark," "K-C," "we," "our" and "us" refer to Kimberly-Clark Corporation and its consolidated subsidiaries.

For financial information by business segment and geographic area, including revenue, profit and total assets of each reportable segment, and information about our principal products and markets, see Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations" ("MD&A") and Item 8, Note 17 to the Consolidated Financial Statements.

Dollar amounts are reported in millions, except per share dollar amounts, unless otherwise noted.

Recent Developments

In November 2013, we announced that our Board of Directors authorized management to pursue a potential tax-free spin-off of our health care business, consisting primarily of the Health Care segment described below. A spin-off would create a stand-alone, publicly traded health care company with approximately $1.6 billion in annual net sales, focused on the sale of surgical and infection prevention products for the operating room and other medical supplies, and medical devices focused on pain management, respiratory and digestive health. We expect that the spin-off would be in the form of a tax-free distribution of 100 percent of the new company’s common stock to Kimberly-Clark shareholders.

Although our current target is to complete the spin-off by the end of the third quarter of 2014, there are no assurances as to when the proposed spin-off will be completed, if at all, or if the spin-off will be completed based on the expected plans.

Description of Kimberly-Clark

We are organized into operating segments based on product groupings. These operating segments have been aggregated into four reportable global business segments. Information on these four segments, as well as their principal sources of revenue, is included below.

• Personal Care brands offer parents a trusted partner in caring for their families and deliver confidence, protection and discretion to adults 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 ("KCP") helps transform workplaces for employees and patrons, making them healthier, safer and more productive, through a range of solutions and supporting products such as apparel, wipers, soaps, sanitizers, tissue and towels.  Key brands in this segment include Kleenex, Scott, WypAll, Kimtech and JacksonSafety. 

• Health Care provides essentials that help restore patients to better health and improve the quality of patients' lives. This segment offers surgical and infection prevention products for the operating room, and a portfolio of innovative medical devices focused on pain management, respiratory and digestive health. This business is a global leader in education to prevent healthcare-associated infections. Products are sold primarily under the Kimberly-Clark and ON-Q brand names.

These reportable segments were determined in accordance with how our chief operating decision maker and our executive managers develop and execute our global strategies to drive growth and profitability of our worldwide personal care, consumer tissue, KCP and health care operations. These strategies include global plans for branding and product positioning, technology, research and development programs, cost reductions including supply chain management and capacity and capital investments for each of these businesses.

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Products for household use are sold directly to supermarkets, mass merchandisers, drugstores, warehouse clubs, variety and department stores and other retail outlets, as well as through other distributors and e-commerce. Products for away-from-home use are sold through distributors and directly to manufacturing, lodging, office building, food service, health care establishments and high volume public facilities.

Net sales to Wal-Mart Stores, Inc. were approximately 12 percent in 2013, 2012 and 2011.

Patents and Trademarks

We own various patents and trademarks registered domestically and in many foreign countries. We consider the patents and trademarks that we own and the trademarks under which we sell certain of our products to be material to our business. Consequently, we seek patent and trademark protection by all available means, including registration.

Raw Materials

Cellulose fiber, in the form of kraft pulp or fiber recycled from recovered waste paper, is the primary raw material for our tissue products and is a component of disposable diapers, training and youth pants, feminine pads and incontinence care products.

Polypropylene and other synthetics and chemicals are the primary raw materials for manufacturing nonwoven fabrics, which are used in disposable diapers, training and youth pants, wet wipes, feminine pads, incontinence and health care products, and away-from-home wipers. Superabsorbent materials are important components of disposable diapers, training and youth pants and incontinence care products.

Most raw materials are purchased from third parties, and we consider the supply to be adequate to meet the needs of our businesses. See Item 1A, "Risk Factors."

Competition

We have several major competitors in most of our markets, some of which are larger and more diversified than us. The principal methods and elements of competition include brand recognition and loyalty, product innovation, quality and performance, price, and marketing and distribution capabilities. For additional discussion of the competitive environment in which we conduct our business, see Item 1A, "Risk Factors."

Research and Development

Research and development expenditures are directed toward new or improved personal care, tissue, wiping, safety and health care products and nonwoven materials. Consolidated research and development expense was $360 in 2013, $356 in 2012 and $316 in 2011.

Foreign Market Risks

We operate and market our products globally, and our business strategy includes targeted growth in Asia, Latin America, Eastern Europe, the Middle East and Africa, with a particular emphasis in China, Russia and Latin America. See Item 1A, "Risk Factors" for a discussion of foreign market risks that may affect our financial results.

Environmental Matters

Total worldwide capital expenditures for voluntary environmental controls or controls necessary to comply with legal requirements relating to the protection of the environment at our facilities, including our health care facilities, are expected to be as follows:

	2014		2015
Facilities in U.S.	$	9	$	1
Facilities outside U.S.	38		18
Total	$	47	$	19

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Total worldwide operating expenses for environmental compliance, including pollution control equipment operation and maintenance costs, governmental payments, and research and engineering costs, including for our health care facilities, are expected to be as follows:

	2014		2015
Facilities in U.S.	$	85	$	63
Facilities outside U.S.	85		90
Total	$	170	$	153

Total environmental capital expenditures and operating expenses are not expected to have a material effect on our total capital and operating expenditures, consolidated earnings or competitive position. Current environmental spending estimates could be modified as a result of changes in our plans, changes in legal requirements, including any requirements related to global climate change, or other factors.

Employees

In our worldwide consolidated operations, we had approximately 57,000 employees as of December 31, 2013, including approximately 16,000 health care employees.

Available Information

We make financial information, news releases and other information available on our corporate website at www.kimberly-clark.com. Our annual reports on Form 10-K, quarterly reports on Form 10-Q, current reports on Form 8-K, and any amendments to those reports filed or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934 are available free of charge on this website as soon as reasonably practicable after we file these reports and amendments with, or furnish them to, the Securities and Exchange Commission ("SEC"). The information contained on or connected to our website is not incorporated by reference into this Annual Report on Form 10-K and should not be considered part of this or any other report filed with the SEC. Stockholders may also contact Stockholder Services, P.O. Box 612606, Dallas, Texas 75261-2606 or call 972-281-1522 to obtain a hard copy of these reports without charge.

ITEM 1A.    RISK FACTORS

Our business faces many risks and uncertainties that we cannot control. Any of the risks discussed below, as well as factors described in other places in this Form 10-K, or in our other filings with the SEC, could adversely affect our business, consolidated financial position, results of operations or cash flows. In addition, these items could cause our future results to differ from those in any of our forward-looking statements. These risks are not the only ones we face. Other risks that we do not presently know about or that we presently believe are not material could also adversely affect us.

Significant increases in prices for raw materials, energy, transportation and other necessary supplies and services, without corresponding increases in our selling prices, could adversely affect our financial results.

Increases in the cost and availability of raw materials, including pulp and petroleum-based materials, the cost of energy, transportation and other necessary services, supplier constraints, an inability to maintain favorable supplier arrangements and relations or an inability to avoid disruptions in production output could have an adverse effect on our financial results.

Cellulose fiber, in the form of kraft pulp or recycled fiber from recovered waste paper, is used extensively in our tissue products and is subject to significant price fluctuations. Cellulose fiber, in the form of fluff pulp, is a key component in our personal care products. In recent years, pulp prices have experienced significant volatility, and this volatility is expected to continue. Increases in pulp prices or limits in the availability of recycled fiber could adversely affect our earnings if selling prices for our finished products are not adjusted or if these adjustments significantly trail the increases in pulp prices. Derivative instruments have not been used to manage these risks.

A number of our products, such as diapers, training and youth pants, feminine pads, incontinence care products, disposable wipes and various health care products, contain certain materials that are principally derived from petroleum. These materials are subject to price fluctuations based on changes in petroleum prices, availability and other factors, with these prices experiencing significant volatility in recent years. We purchase these materials from a number of suppliers. Significant increases in prices for these materials could adversely affect our earnings if selling prices for our finished products do not adjust, if these adjustments significantly trail

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the increases in prices for these materials, or if we do not utilize substitutes with lower prices for these materials. Generally, derivative instruments have not been used to manage these risks.

Our manufacturing operations utilize electricity, natural gas and petroleum-based fuels. To ensure that we use all forms of energy efficiently and cost-effectively, we maintain ongoing energy efficiency improvement programs at all of our manufacturing sites. Our contracts with energy suppliers vary as to price, payment terms, quantities and duration. Our energy costs are also affected by various market factors including the availability of supplies of particular forms of energy, energy prices and local and national regulatory decisions (including actions taken to address climate change and related market responses). There can be no assurance that we will be fully protected against substantial changes in the price or availability of energy sources. Derivative instruments are used to manage a portion of natural gas price risk in accordance with our risk management policy.

Increased pricing pressure, intense competition for sales of our products and the inability to innovate or market our products effectively could have an adverse effect on our financial results.

We compete in highly competitive markets against well-known, branded products and low-cost or private label products both domestically and internationally. Inherent risks in our competitive strategy include uncertainties concerning trade and consumer acceptance, the effects of consolidation within retailer and distribution channels, and competitive actions. Our competitors for these markets include not only our traditional competitors but also private label manufacturers, low-cost manufacturers and rapidly-expanding international manufacturers. Some of these competitors may have better access to financial resources and greater market penetration, which enable them to offer a wider variety of products and services at more competitive prices. Alternatively, some of these competitors may have significantly lower product development and manufacturing costs, particularly with respect to private label products, allowing them to offer products at a lower price. The actions of these competitors could adversely affect our financial results. It may be necessary for us to lower prices on our products and increase spending on advertising and promotions, each of which could adversely affect our financial results.

In addition, we compete in highly competitive regional markets, such as Latin America, Europe, Middle East, Africa and Asia. Intense competition in these areas may slow our sales growth and earnings potential, as well as adversely impact our margins.

Our ability to develop new products is affected by whether we can successfully anticipate consumer needs and preferences, develop and fund technological innovations, and receive and maintain necessary patent and trademark protection. In addition, we incur substantial development and marketing costs in introducing new and improved products and technologies. The introduction of a new consumer product (whether improved or newly developed) usually requires substantial expenditures for advertising and marketing to gain recognition in the marketplace. If a product gains consumer acceptance, it normally requires continued advertising and promotional support to maintain its relative market position. Some of our competitors may spend more aggressively on advertising and promotional activities, introduce competing products more quickly and respond more effectively to changing business and economic conditions.

We may not be successful in developing new or improved products and technologies necessary to compete successfully in the industry, and we may not be successful in advertising, marketing, timely launching and selling our products.

Global and regional economic conditions, including recessions or slow economic growth, and continuing global and regional credit market volatility, could continue to adversely affect our business and financial results.

The global economy continues to be volatile, with particular regions facing uncertain or slow economic growth. These unfavorable economic conditions could negatively impact:

• consumer demand for our products, including shifting consumer purchasing patterns to lower cost options such as private-label products, as well as declining birth rates in certain countries due to slow economic growth or other factors,

• demand by businesses for our products, including the effects of increased unemployment and cost savings efforts of customers,

• the social and political environment,

• the product mix of our sales, and

• our ability to collect accounts receivable on a timely basis from certain customers.

Ongoing volatility in global and regional commodity, currency and financial markets has continued to result in uncertainty in the business environment.  We rely on access to credit markets, specifically the commercial paper and public bond markets, to provide

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supplemental funding for our operations.  Although we have not experienced a disruption in our ability to access credit markets, it is possible that we may have difficulty accessing credit markets in the future, which may disrupt our businesses or further increase the cost of funding our operations.

Prolonged global or regional recessions, slow economic growth or credit market disruptions could result in decreased revenue, margins and earnings.

Our international operations are subject to foreign market risks, including foreign exchange risk, currency restrictions and political, social and economic instability, which may adversely affect our financial results.

Because we and our equity companies have manufacturing facilities in 38 countries, with products sold in more than 175 countries, our results may be substantially affected by foreign market risks. We are subject to the impact of economic, social and political instability in developing countries.

We are exposed to the movement of various currencies against each other and versus the U.S. dollar. A portion of the exposures, arising from transactions and commitments denominated in non-local currencies, is systematically managed through foreign currency forward and swap contracts. We do not generally hedge our translation exposure with respect to foreign operations.

Weaker foreign currency exchange rates increase the potential impact of forecasted increases in dollar-based input costs for operations outside the U.S. There can be no assurance that we will be protected against substantial foreign currency fluctuations.

In addition, we face increased risks in our international operations, including currency exchange restrictions and other limits on our ability to repatriate earnings from outside the U.S., adverse political and economic conditions, legal and regulatory constraints, tariffs and other trade barriers, risks of expropriation, difficulties in enforcing contractual and intellectual property rights, and developing and maintaining successful business alliances, and potentially adverse tax consequences. Each of these factors could adversely affect our financial results. See MD&A and Item 8, Note 1 for information about the effects of currency restrictions and related exposures in Venezuela.

If our information technology systems suffer interruptions, failures or breaches, our business operations could be disrupted and we could face financial and reputational damage.

Our information technology systems, some of which are dependent on services provided by third parties, serve an important role in the efficient and effective operation and administration of our business. This role includes:

• ordering and managing materials from suppliers,

• managing our inventory,

• converting materials to finished products,

• facilitating order entry and fulfillment,

• processing transactions,

• summarizing and reporting our results,

• facilitating internal and external communications,

• administering human resources functions,

• collecting and storing customer, vendor, employee and investor information and personal data,

• hosting, processing and sharing confidential and proprietary research, business plans, and financial information,

• complying with regulatory, tax and other legal requirements,

• providing data security, and

• providing other processes necessary to manage our business.

These information technology systems could be damaged or cease to function properly due to any number of causes, such as catastrophic events, power outages, security breaches, computer viruses or cyber-based attacks. Any failure of our information technology systems to perform as we anticipate could disrupt our business. While we have contingency plans in place to prevent or mitigate the impact of these events, if they were to occur and our disaster recovery plans do not effectively address the issues on a timely basis, we could suffer interruptions in our ability to manage our operations, which may adversely affect our business and financial results.

Increased cyber-security threats and computer crime also pose a potential risk to the security of our information technology systems, including those of third party service providers with whom we have contracted, as well as the confidentiality, integrity and availability of the data stored on those systems. Any breach in our technology information security systems could result in the

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disclosure or misuse of confidential or proprietary information, including sensitive customer, vendor, employee or investor information maintained in the ordinary course of our business. Any such event could cause damage to our reputation, loss of valuable information or loss of revenue and could result in large expenditures to investigate or remediate, to recover data, to repair or replace networks or information systems, or to protect against similar future events.

If we are unable to hire, develop or retain key employees or a skilled and diverse workforce, it could have an adverse effect on our business.

Our strategy includes a focus on hiring, developing and retaining our management team and a skilled and diverse international workforce. A skilled and diverse international workforce is a significant factor in developing product innovation, as well as providing key viewpoints representative of our international consumer base. We compete to hire new employees and then seek to train them to develop their skills. We may not be able to successfully recruit, develop and retain the key personnel that we need. Unplanned turnover or failure to develop an effective succession plan for our leadership positions, or to hire and retain a diverse, skilled workforce, could increase our operating costs and adversely affect our results of operations.

Changes in the policies of our retail trade customers, increasing dependence on key retailers in developed markets, and the emergence of new sales channels may adversely affect our business.

Our products are sold in a highly competitive global marketplace, which continues to experience increased concentration and the growing presence of large-format retailers and discounters. With the consolidation of retail trade, especially in developed markets such as the U.S., Europe and Australia, we are increasingly dependent on key retailers, and some of these retailers, including large-format retailers, may have greater bargaining power. They may use this leverage to demand higher trade discounts or allowances which could lead to reduced profitability. We may also be negatively affected by changes in the policies of our retail trade customers, such as inventory de-stocking, limitations on access to shelf space, delisting of our products, additional requirements related to safety, environmental, social and other sustainability issues, and other conditions. If we lose a significant customer or if sales of our products to a significant customer materially decrease, our business, financial condition and results of operations may be adversely affected. In addition, the emergence of new sales channels may affect customer preferences and market dynamics and could adversely impact our financial results. These new channels include sales of consumer and other products via e-commerce, as well as the growth of large-format retailers and discounters that exclusively sell private-label products.

Pending and potential future litigation, administrative actions, tax matters, regulatory requirements and new legal requirements could have an adverse effect on our financial results.

As a global company, during the course of our business we are subject to various legal and administrative actions in which we assert our rights under various laws, including intellectual property and data privacy laws. We may not be successful in defending against these actions or in asserting these rights. In addition, we could incur substantial costs in defending against, or in asserting our rights in, these actions.

We are subject to income tax requirements in various jurisdictions in the U.S. and internationally. Many of these jurisdictions face budgetary shortfalls or have unpredictable enforcement activity. Increases in applicable tax rates, implementation of new taxes, changes in applicable tax laws and interpretations of these tax laws and actions by tax authorities in jurisdictions in which we operate could reduce our after-tax income and have an adverse effect on our results of operations. 

Aspects of our business, including Health Care and personal care, are subject to many laws and governmental regulations, including regulations by the Food and Drug Administration and comparable foreign agencies, as well as potential litigation. Adverse regulatory action, including a recall, regulatory or other governmental investigation, or product liability or other litigation may adversely affect our financial condition and business operations.

Our sales and results of operations may also be adversely impacted by new legal requirements, including healthcare reform legislation, excise or other taxes, financial reform legislation and regulations, export control and foreign sanctions legislation, and climate change and other environmental legislation and regulations. The costs and other effects of pending litigation and administrative actions against us and new legal requirements cannot be determined with certainty. For example, new legislation or regulations may result in increased costs to us, directly for our compliance or indirectly to the extent suppliers increase prices of goods and services because of increased compliance costs or reduced availability of raw materials.

Although we believe that none of these proceedings or requirements will have a material adverse effect on us, the outcome of these proceedings or effects of new legal requirements may not be as expected. See Item 3, "Legal Proceedings."

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Damage to the reputation of Kimberly-Clark or to one or more of our brands could adversely affect our business.

Developing and maintaining our reputation, as well as the reputation of our brands, is a critical factor in our relationship with consumers, customers, suppliers and others. Our inability to address adverse publicity or other issues, including concerns about product safety, quality, efficacy or similar matters, real or perceived, could negatively impact sentiments towards us and our products and brands, and our business and financial results could suffer. Our business and results could also be negatively impacted by the effects of a significant product recall, product-related litigation, allegations of product tampering or contamination or the distribution and sale of counterfeit products.

There is no guarantee that our ongoing efforts to reduce costs will be successful.

We continue to implement plans to improve our competitive position by achieving cost reductions in our operations. In addition, we expect ongoing cost savings from our continuous improvement activities. We anticipate these cost savings will result from reducing material costs and manufacturing waste and realizing productivity gains, distribution efficiencies and overhead reductions in each of our business segments. See our discussion of our cost savings activities in MD&A. If we cannot successfully implement our cost savings plans, we may not realize all anticipated benefits. Any negative impact these plans have on our relationships with employees or customers or any failure to generate the anticipated efficiencies and savings could adversely affect our financial results.

Disruption in our supply chain or the failure of third-party providers to satisfactorily perform could adversely impact our operations.

We operate on a global scale and therefore our ability to manufacture, distribute and sell products is critical to our operations. These activities are subject to inherent risks such as natural disasters, power outages, fires or explosions, labor strikes, terrorism, pandemics, import restrictions, regional economic, business, environmental or political events, governmental regulatory requirements or nongovernmental voluntary actions in response to global climate change or other concerns regarding the sustainability of our business, which could impair our ability to manufacture or sell our products. This interruption, if not mitigated in advance or otherwise effectively managed, could adversely impact our business, financial condition and results of operations, as well as require additional resources to address.

In addition, third parties manufacture some of our products and provide certain administrative services. Disruptions or delays at these third-party manufacturers or service providers due to the reasons above or the failure of these manufacturers or service providers to otherwise satisfactorily perform, could adversely impact our operations, sales, payments to our vendors, employees, and others, and our ability to report financial and management information on a timely and accurate basis.

We may acquire or divest product lines or businesses, which could impact our results.

We may pursue acquisitions of product lines or businesses from third parties. Acquisitions involve numerous risks, including difficulties in the assimilation of the operations, technologies, services and products of the acquired product lines or businesses, estimation and assumption of liabilities and contingencies, personnel turnover and the diversion of management's attention from other business concerns. We may be unable to identify suitable additional acquisition candidates or may be unable to successfully integrate and manage product lines or businesses that we have acquired or may acquire in the future. In addition, we may be unable to achieve anticipated benefits or cost savings from acquisitions in the timeframe we anticipate, or at all.

The inability to integrate and manage acquired product lines or businesses in a timely and efficient manner, the inability to achieve anticipated cost savings or other anticipated benefits from these acquisitions in the timeframe we anticipate or the unanticipated required increases in trade, promotional or capital spending from these acquisitions could adversely affect our business, consolidated financial condition, results of operations or liquidity.

Moreover, acquisitions could result in substantial additional indebtedness, exposure to contingent liabilities such as litigation or earn-out obligations, the potential impairment of goodwill or other intangible assets, or transactional costs, all of which could adversely affect our financial condition, results of operations and/or liquidity.

Alternatively, we may periodically divest product lines or businesses. These divestitures may adversely impact our results if we are unable to offset the dilutive impacts from the loss of revenue associated with the divested products or businesses, or otherwise achieve the anticipated benefits or cost savings from the divestitures. In addition, businesses under consideration for or otherwise subject to divestiture may be adversely impacted prior to the divestiture, which could negatively affect our financial results. Furthermore, the divestitures could adversely affect our ongoing business operations, including by enhancing our competitors' positions or reducing consumer confidence in our ongoing brands and products.

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The proposed spin-off of our health care business may not be completed in accordance with the expected plans or anticipated timeline, if at all.

In November 2013, we announced our intention to pursue a potential tax-free spin-off of our health care business. Execution of the proposed spin-off will require, among other things, (i) obtaining final approval from our Board of Directors, (ii) filing a registration statement on Form 10 with the SEC, (iii) obtaining an opinion of counsel that the transaction will qualify for tax-free treatment under IRS regulations and (iv) obtaining an opinion from a nationally-recognized investment banking firm or other authority confirming the viability and solvency of the new health care company after the distribution. Unforeseen circumstances could delay, prevent or otherwise adversely affect the proposed spin-off, including possible issues or delays in obtaining the required regulatory approvals or clearances, disruptions in capital and financial markets or other potential barriers. Therefore, we cannot assure that we will be able to complete the spin-off under the expected plans or anticipated timeline, if at all.

The proposed spin-off of our health care business will require significant expenditures and attention of management and may adversely affect our business, results of operations or financial condition and, if completed, may not achieve the intended results.

We anticipate incurring significant expenses in connection with the proposed spin-off. In addition, completion of the proposed spin-off will require significant amounts of our management’s time and effort which could divert management’s attention from operating and growing our businesses and could adversely affect our business, results of operations or financial condition. If the proposed spin-off is completed, our operational and financial profile will change upon the separation of the health care business from our other businesses. As a result, our diversification of revenue sources will diminish, and our results of operations, cash flows, working capital and financing requirements may be negatively impacted. Additionally, after the spin-off, we may not be able to achieve our historical levels of synergies or cost savings, which could result in higher cost allocation to our remaining segments.

The proposed spin-off of our health care business could result in substantial tax liability to us and our shareholders.

Historically, the IRS has provided companies seeking to perform a tax-free spin-off transaction with an advance ruling that the proposed spin-off transaction would qualify for tax-free treatment. However, last year the IRS announced that it would no longer provide such advance rulings. Prior to completing the spin-off of our health care business, we expect to receive an opinion of counsel that neither we nor our shareholders will recognize any taxable income, gain or loss for U.S. federal income tax purposes as a result of the spin-off. However, this opinion will not be binding on the IRS. Accordingly, the IRS or the courts may reach conclusions with respect to the spin-off that are different from the conclusions reached in the opinion of counsel. Moreover, the opinion of counsel is based on certain statements and representations made by us, which, if incomplete or inaccurate in any material respect, could invalidate the opinion of counsel.

If the spin-off and certain related transactions were determined to be taxable, we would be subject to a substantial tax liability. In addition, if the spin-off were taxable, each holder of our common stock who receives shares of the new health care company would generally be treated as receiving a taxable distribution of property in an amount equal to the fair market value of the shares received.

ITEM 1B.    UNRESOLVED STAFF COMMENTS

None.

ITEM 2.    PROPERTIES

At December 31, 2013 we own or lease:

• our principal executive offices located in the Dallas, Texas metropolitan area;

• four operating segment and geographic headquarters at two U.S. and two international locations; and

• five administrative centers at two U.S. and three international locations.

8 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

The locations of our and our equity affiliates' principal production facilities by major geographic areas of the world are as follows:

Geographic Area:	Number of Facilities
United States (in 17 states)	21
Canada	1
Europe	13
Asia, Latin America and other	71
Worldwide Total (in 38 countries)	106

Many of these facilities produce multiple products. The types of products produced by these facilities are as follows:

Products Produced:	Number of Facilities
Tissue, including consumer tissue and KCP products	60
Personal Care	49
Health Care	17

We believe that our and our equity affiliates' facilities are suitable for their purpose, adequate to support their businesses and well maintained. Health care facilities expected to be included in the spin-off are located in the United States, Asia and Latin America and total 14 facilities.

ITEM 3.    LEGAL PROCEEDINGS

We are subject to various legal proceedings, claims and governmental inquiries, inspections, audits or investigations pertaining to issues such as contract disputes, product liability, tax matters, patents and trademarks, advertising, pricing, business practices, governmental regulations, employment and other matters. Although the results of litigation and claims cannot be predicted with certainty, we believe that the ultimate disposition of these matters, to the extent not previously provided for, will not have a material adverse effect, individually or in the aggregate, on our business, financial condition, results of operations or liquidity.

We are subject to federal, state and local environmental protection laws and regulations with respect to our business operations and are operating in compliance with, or taking action aimed at ensuring compliance with, these laws and regulations. We have been named a potentially responsible party under the provisions of the U.S. federal Comprehensive Environmental Response, Compensation and Liability Act, or analogous state statutes, at a number of sites where hazardous substances are present. None of our compliance obligations with environmental protection laws and regulations, individually or in the aggregate, is expected to have a material adverse effect on our business, financial condition, results of operations or liquidity.

ITEM 4.    MINE SAFETY DISCLOSURES

Not applicable.

EXECUTIVE OFFICERS OF THE REGISTRANT

The names and ages of our executive officers as of February 14, 2014, together with certain biographical information, are as follows:

Robert E. Abernathy, 59, was elected Executive Vice President in November 2013. He is responsible for overseeing activities related to the potential spin-off of our health care business and will become the chief executive officer of the new health care company if the spin-off is ultimately completed. Mr. Abernathy joined Kimberly-Clark in 1982. His past responsibilities at Kimberly-Clark have included leading our European restructuring, driving continuous improvement processes throughout our businesses and functions and overseeing our businesses in Asia, Latin America, Europe, the Middle East and Africa, as well as operations and major project management in North America. He was appointed Vice President - North American Diaper Operations

9 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

in 1992; Managing Director of Kimberly-Clark Australia Pty. Limited in 1994; Group President of our Business-to-Business segment in 1998; Group President - Developing and Emerging Markets in 2004; Group President - North Atlantic Consumer Products in 2008; and Group President - Europe, Global Nonwovens, and Continuous Improvement & Sustainability in 2012. He is a director of RadioShack Corporation.

Joanne B. Bauer, 58, was elected President - Global Health Care in 2006. She is responsible for our global health care business, which includes a variety of surgical and infection prevention products and medical devices. Ms. Bauer joined Kimberly-Clark in 1981. Her past responsibilities have included various marketing and management positions in the adult care and health care businesses. She was appointed Vice President of KimFibers, Ltd. in 1996; Vice President of Global Marketing for Health Care in 1998; and President of Health Care in 2001. She is a director of Omnicell, Inc., AdvaMed, the Advanced Medical Technology Association, Aurora Health Care, and MedShare.

Christian A. Brickman, 49, was elected Group President - K-C International in 2012. He is responsible for our businesses in Asia, Latin America, Europe, the Middle East and Africa. Mr. Brickman joined Kimberly-Clark in 2008 as Senior Vice President and Chief Strategy Officer and served as President - Global K-C Professional from 2010 to 2012. Prior to joining Kimberly-Clark, Mr. Brickman served as a Principal of McKinsey & Company, Inc., a management consulting firm, from 2003 to 2008, and as an Associate Principal from 2001 to 2003. He is a director of Sally Beauty Holdings, Inc.

Mark A. Buthman, 53, was elected Senior Vice President and Chief Financial Officer in 2003. Mr. Buthman joined Kimberly-Clark in 1982. He has held various positions of increasing responsibility in operations, finance and strategic planning. Mr. Buthman was appointed Vice President of Strategic Planning and Analysis in 1997 and Vice President of Finance in 2002. He is a director of West Pharmaceutical Services, Inc. and Pavillon, International.

Thomas J. Falk, 55, was elected Chairman of the Board and Chief Executive Officer in 2003 and President and Chief Executive Officer in 2002. Prior to that, he served as President and Chief Operating Officer since 1999. Mr. Falk previously had been elected Group President - Global Tissue, Pulp and Paper in 1998, where he was responsible for Kimberly-Clark's global tissue businesses. Earlier in his career, Mr. Falk had responsibility for Kimberly-Clark's North American Infant Care, Child Care and Wet Wipes businesses. Mr. Falk joined Kimberly-Clark in 1983 and has held other senior management positions. He has been a director of Kimberly-Clark since 1999. He also serves on the board of directors of Lockheed Martin Corporation, Catalyst Inc., the Global Consumer Goods Forum, and the University of Wisconsin Foundation, and serves as a governor of the Boys & Girls Clubs of America.

Lizanne C. Gottung, 57, was elected Senior Vice President and Chief Human Resources Officer in 2002. She is responsible for leading the design and implementation of all human capital strategies for Kimberly-Clark, including global compensation and benefits, talent management, diversity and inclusion, organizational effectiveness and corporate health services. Ms. Gottung joined Kimberly-Clark in 1981. She has held a variety of human resources, manufacturing and operational roles of increasing responsibility, including Vice President of Human Resources from 2001 to 2002. She is a director of Louisiana-Pacific Corporation.

Michael D. Hsu, 49, was elected Group President - K-C North America in May 2013. From 2012 to May 2013, his title was Group President - North America Consumer Products. He is responsible for our consumer business in North America. Prior to joining Kimberly-Clark, Mr. Hsu served as  Executive Vice President and Chief Commercial Officer of Kraft Foods, Inc., a North American grocery manufacturing and processing conglomerate, from January 2012 to July 2012, as President of Sales, Customer Marketing and Logistics from 2010 to 2012 and as President of its grocery business unit from 2008 to 2010. Prior to that, Mr. Hsu served as President and Chief Operating Officer, Foodservice at H. J. Heinz Company, a manufacturer and marketer of food products.

Nancy S. Loewe, 46, was electedSenior Vice President and Chief Strategy Officer in May 2013. She is responsible for leading the development and monitoring of our strategic plans and processes to enhance our enterprise growth initiatives. Ms. Loewe joined Kimberly-Clark in 2011 as Vice President and Treasurer, and from 2012 to May 2013, her title was Senior Vice President, Treasurer and Chief Strategy Officer. Prior to joining Kimberly-Clark, Ms. Loewe served as Executive Vice President, Chief Financial Officer at Frito-Lay North America, which manufactures, markets and sells corn chips, potato chips and other snack foods, from 2009 to 2011. Prior to that, Ms. Loewe served as Vice President, Strategic Transactions for GE Consumer & Industrial, a division of General Electric Company, a diversified technology and financial services company.

Thomas J. Mielke, 55, was elected Senior Vice President - General Counsel in November 2013. From 2007 to 2012, his title was Senior Vice President - Law and Government Affairs and Chief Compliance Officer, and from 2012 to 2013, his title was Senior

10 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Vice President - General Counsel and Chief Compliance Officer. His responsibilities include our legal affairs, internal audit and government relations activities. Mr. Mielke joined Kimberly-Clark in 1988. He held various positions within the legal function and was appointed Vice President and Chief Patent Counsel in 2000, and Vice President and Chief Counsel - North Atlantic Consumer Products in 2004.

Anthony J. Palmer, 54, was elected President - Global Brands and Innovation in 2012. Previously, he served as Senior Vice President and Chief Marketing Officer from 2006 to 2012. He leads the global development of the company's consumer categories through marketing, innovations, category and customer development, shopper marketing and lean cost transformation. In addition, he leads the company's global marketing, innovation, corporate research and development and corporate communications functions. Prior to joining Kimberly-Clark in 2006, he served in a number of senior marketing and general management roles at the Kellogg Company, a producer of cereal and convenience foods, from 2002 to 2006, including as managing director of Kellogg's U.K. business. He is a director of The Hershey Company.

Elane B. Stock, 49, was elected Group President - K-C Professional in November 2013. She is responsible for our global professional business, which includes commercial tissue and wipers, and skin care, safety and Do-It-Yourself products, as well as leading the development of new business strategies for global nonwovens, driving continuous improvement processes throughout our businesses and functions and leveraging our efforts in sustainability. From 2012 to 2013, her title was President - Global K-C Professional. She previously served as Senior Vice President and Chief Strategy Officer from 2010 to 2012. Prior to joining Kimberly-Clark, Ms. Stock served as National Vice President of Strategy for the American Cancer Society from 2008 to 2010. From 2007 to 2008, she was a regional manager at Georgia Pacific (Koch Industries). Ms. Stock was a partner at McKinsey & Company, Inc. in Ireland from 2005 to 2007.

11 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

PART II

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

The dividend and market price data included in Item 7, MD&A "Unaudited Quarterly Data," are incorporated in this Item 5 by reference.

Quarterly dividends have been paid continually since 1935. Dividends have been paid on or about the second business day of January, April, July and October.

Kimberly-Clark common stock is listed on the New York Stock Exchange. The ticker symbol is KMB.

As of February 7, 2014, we had 25,337 holders of record of our common stock.

For information relating to securities authorized for issuance under equity compensation plans, see Part III, Item 12 of this Form 10-K.

We repurchase shares of Kimberly-Clark common stock from time to time pursuant to publicly announced share repurchase programs. During 2013, we repurchased 12.4 million shares of our common stock at a cost of $1.2 billion through a broker in the open market.

The following table contains information for shares repurchased during the fourth quarter of 2013. None of the shares in this table were repurchased directly from any of our officers or directors.

Period (2013)	Total Number of Shares Purchased(a)	Average Price Paid Per Share	Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs	Maximum Number of Shares That May Yet Be Purchased Under the Plans or Programs
October 1 to October 31	872,000	$97.76	27,157,411	22,842,589
November 1 to November 30	679,000	108.42	27,836,411	22,163,589
December 1 to December 31	869,000	104.83	28,705,411	21,294,589
Total	2,420,000

(a) Share repurchases were made pursuant to a share repurchase program authorized by our Board of Directors on January 21, 2011. This program allows for the repurchase of 50 million shares in an amount not to exceed $5 billion.

12 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

ITEM 6. SELECTED FINANCIAL DATA

	Year Ended December 31
	2013(a)			2012(b)			2011(c)			2010(d)			2009(e)
Net Sales	$	21,152		$	21,063		$	20,846		$	19,746		$	19,115
Gross Profit	7,240			6,749			6,152			6,550			6,420
Operating Profit	3,208			2,686			2,442			2,773			2,825
Share of Net Income of Equity Companies	205			176			161			181			164
Net Income	2,221			1,828			1,684			1,943			1,994
Net Income Attributable to Noncontrolling Interests	(79		)	(78		)	(93		)	(100		)	(110		)
Net Income Attributable to Kimberly-Clark Corporation	2,142			1,750			1,591			1,843			1,884
Per Share Basis
Basic	5.58			4.45			4.02			4.47			4.53
Diluted	5.53			4.42			3.99			4.45			4.52
Cash Dividends Per Share
Declared	3.24			2.96			2.80			2.64			2.40
Paid	3.17			2.92			2.76			2.58			2.38
Total Assets	18,919			19,873			19,373			19,864			19,209
Long-Term Debt	5,386			5,070			5,426			5,120			4,792
Total Stockholders' Equity	5,140			5,287			5,529			6,202			5,690

(a) Results include pre-tax charges of $81, $66 after tax, related to the European strategic changes. Additionally, results were negatively impacted by a $36 pre-tax charge, $26 after tax, related to the devaluation of the Venezuelan bolivar. See Item 8, Notes 1 and 3 of the Consolidated Financial Statements for details.

(b) Results include pre-tax charges of $299, $242 after tax, related to the European strategic changes. Additionally, results were negatively impacted by $135 in pre-tax charges, $86 after tax, for the pulp and tissue restructuring actions. See Item 8, Notes 3 and 4 of the Consolidated Financial Statements for details.

(c) Results include a non-deductible business tax charge related to a law change in Colombia of $32, as well as the effect of pulp and tissue restructuring pre-tax charges of $415, $289 after tax. See Item 8, Note 4 of the Consolidated Financial Statements for details.

(d) Results include the impact of a pre-tax charge of $98, $96 after tax, related to the adoption of highly inflationary accounting in Venezuela.

(e) Results include the impact of a $128 pre-tax charge, $91 after tax, related to the organization optimization plan, an initiative to reduce our worldwide salaried workforce.

13 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

ITEM 7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Introduction

This MD&A is intended to provide investors with an understanding of our recent performance, financial condition and prospects. The following will be discussed and analyzed:

• Overview of Business

• Overview of 2013 Results

• Results of Operations and Related Information

• Unaudited Quarterly Data

• Liquidity and Capital Resources

• Critical Accounting Policies and Use of Estimates

• Legal Matters

• Business Outlook

• Information Concerning Forward-Looking Statements

Dollar amounts are reported in millions, except per share dollar amounts, unless otherwise noted.

Overview of Business

We are a global company focused on leading the world in essentials for a better life, with manufacturing facilities in 35 countries and products sold in more than 175 countries. Our products are sold under well-known brands such as Kleenex, Scott, Huggies, Pull-Ups, Kotex and Depend. We have four reportable global business segments: Personal Care, Consumer Tissue, K-C Professional ("KCP") and Health Care. These global business segments are described in greater detail in Item 8, Note 17 to the Consolidated Financial Statements.

In operating our global business, we seek to:

• manage our portfolio to balance growth, margin and cash flow,

• invest in our brands, innovation and growth initiatives,

• deliver sustainable cost reductions, and

• provide disciplined capital management to improve return on invested capital and return cash to shareholders.

Key strategies for our segments include:

• We plan to grow our strong positions in personal care by leveraging our brands and providing innovations.

• For consumer tissue, we seek to bring differentiated, value-added innovations to grow and strengthen our brands while focusing on net realized revenue, improving mix and reducing costs.

• We plan to continue to shift our mix to faster-growing, higher-margin wiping and safety segments within KCP.

We plan to drive growth throughout K-C International ("KCI"), which includes our businesses in Asia, Latin America, the Middle East, Eastern Europe and Africa, with a particular emphasis in China, Russia and Latin America. Our goals for KCI include seeking targeted expansion and growth, taking advantage of attractive market opportunities and deploying our strong brands and innovation capabilities.

In November 2013, we announced that our Board of Directors authorized management to pursue a potential tax-free spin-off of our health care business. A spin-off would create a stand-alone, publicly traded health care company with approximately $1.6 billion in annual net sales, focused on the sale of surgical and infection prevention products for the operating room and other medical supplies, and medical devices focused on pain management, respiratory and digestive health. We expect that the spin-off would be in the form of a tax-free distribution of 100 percent of the new company’s common stock to Kimberly-Clark shareholders.

14 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Although our current target is to complete the spin-off by the end of the third quarter of 2014, there are no assurances as to when the proposed spin-off will be completed, if at all, or if the spin-off will be completed based on the expected plans.

Highlights for 2013 include the following:

• We executed our growth strategies in KCI with a focus on markets in China, Russia and Latin America. Net sales in KCI grew mid-single digits in 2013, including a 9 percent increase before taking into account the impact of changes in foreign currency exchange rates. KCI accounted for 39 percent of company net sales in 2013, up from 37 percent in the previous year.

• In North America, we launched a number of new or improved products that helped drive volume growth on our Depend, Poise, U By Kotex and Cottonelle brands. In KCI, we launched innovations across our line-up, including a number of new Huggies diapers and diaper-pants, premium feminine care products and adult care offerings. These innovations were important contributors to KCI’s volume growth.

• To help fund our investments in innovations and growth initiatives and to improve our profit margins, we are generating cost savings through several initiatives, including leveraging our global procurement organization and deploying lean principles. Full-year cost savings from our ongoing program in 2013 were $310.

• In 2013, we continued our strategic changes related to our Western and Central European consumer and professional businesses to focus our resources and investments on stronger market positions and growth opportunities. We have exited the diaper category in that region, with the exception of the Italian market, and divested or exited some lower-margin businesses, mostly in consumer tissue, in certain markets. Restructuring actions related to the strategic changes involve the sale or closure of five of our European manufacturing facilities and a streamlining of our administrative organization. The restructuring actions commenced in the fourth quarter of 2012 and are expected to be completed by December 31, 2014.

• We continued to focus on generating cash flow and allocating capital to shareholders. In 2013, cash provided by operations was $3.0 billion. We repurchased $1.2 billion of Kimberly-Clark common stock in 2013. In addition, we raised our dividend in 2013 by 9.5 percent, the 41st consecutive annual increase in our dividend. Altogether, share repurchases and dividends in 2013 amounted to $2.4 billion.

We are subject to risks and uncertainties, which can affect our business operations and financial results. See Item 1A, "Risk Factors" in this Form 10-K for additional information.

Overview of 2013 Results

• Net sales were essentially even with the prior year as increases in sales volumes and net selling prices were mostly offset by unfavorable currency effects and lost sales from European strategic changes and pulp and tissue restructuring actions.

• Operating profit and net income attributable to Kimberly-Clark Corporation increased19 percent and 22 percent, respectively.

• Diluted earnings per share increased 25 percent, from $4.42 in 2012 to $5.53 in 2013.

• Net income in 2013 included $66 in after-tax charges for European strategic changes and a $26 after-tax charge due to the devaluation of the Venezuelan bolivar. The prior year results included $242 and $86 in after-tax charges for the European strategic changes and pulp and tissue restructuring actions, respectively.

Results of Operations and Related Information

This section presents a discussion and analysis of net sales, operating profit and other information relevant to an understanding of 2013 results of operations. This discussion and analysis compares 2013 results to 2012, and 2012 results to 2011.

15 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Results By Business Segment

	Year Ended December 31
	2013			2012			Change 2013 vs. 2012		2011			Change 2012 vs. 2011
NET SALES
Personal Care	$	9,536		$	9,576		-0.4	%	$	9,128		+4.9	%
Consumer Tissue	6,637			6,527			+1.7	%	6,770			-3.6	%
K-C Professional	3,323			3,283			+1.2	%	3,294			-0.3	%
Health Care	1,618			1,622			-0.2	%	1,606			+1.0	%
Corporate & Other	38			55			N.M.		48			N.M.
TOTAL NET SALES	$	21,152		$	21,063		+0.4	%	$	20,846		+1.0	%
OPERATING PROFIT
Personal Care	$	1,698		$	1,660		+2.3	%	$	1,526		+8.8	%
Consumer Tissue	988			887			+11.4	%	775			+14.5	%
K-C Professional	608			545			+11.6	%	487			+11.9	%
Health Care	230			229			+0.4	%	219			+4.6	%
Corporate & Other(a)	(312		)	(641		)	N.M.		(616		)	N.M.
Other (income) and expense, net(b)	4			(6		)	N.M.		(51		)	-88.2	%
TOTAL OPERATING PROFIT	$	3,208		$	2,686		+19.4	%	$	2,442		+10.0	%

Results By Geography

	Year Ended December 31
	2013			2012			Change 2013 vs. 2012		2011			Change 2012 vs. 2011
NET SALES
North America	$	10,795		$	10,777		+0.2	%	$	10,746		+0.3	%
Europe	2,988			3,247			-8.0	%	3,401			-4.5	%
Asia, Latin America and other	8,118			7,851			+3.4	%	7,467			+5.1	%
Intergeographic sales	(749		)	(812		)	-7.8	%	(768		)	+5.7	%
TOTAL NET SALES	$	21,152		$	21,063		+0.4	%	$	20,846		+1.0	%
OPERATING PROFIT
North America	$	2,149		$	2,053		+4.7	%	$	1,915		+7.2	%
Europe	245			227			+7.9	%	170			+33.5	%
Asia, Latin America and other	1,130			1,041			+8.5	%	922			+12.9	%
Corporate & Other(a)	(312		)	(641		)	N.M.		(616		)	N.M.
Other (income) and expense, net(b)	4			(6		)	N.M.		(51		)	-88.2	%
TOTAL OPERATING PROFIT	$	3,208		$	2,686		+19.4	%	$	2,442		+10.0	%

(a) Charges related to European strategic changes of $76 and $299 in 2013 and 2012, respectively, and pulp and tissue restructuring of $134 and $413 in 2012 and 2011, respectively, are included in Corporate & Other. See Item 8, Notes 3 and 4 to the Consolidated Financial Statements for additional information. Additionally, a non-deductible business tax charge of $32 related to a law change in Colombia is included in Corporate & Other in 2011.

(b) Other (income) and expense, net for 2013 includes a balance sheet remeasurement charge of $36 due to the February 2013 devaluation of the Venezuelan bolivar, partially offset by gains on the sales of certain non-core assets. The results for 2012 include currency transaction gains of $14 and the impact of the favorable resolution of a legal matter, partially offset by $19 in asset impairment charges. The results for 2011 include gains from the divestiture of a small non-core business in Latin America and the sale of a venture investment in a health care start-up company, as well as currency transaction gains of $27.

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Percentage Change

NET SALES	Total	Change Due To
		Organic Volume	Restructuring Impact(a)	Net Price	Mix/ Other(b)	Currency
2013 versus 2012
Consolidated	0.4	3	(2)	1	—	(2)
Personal Care	(0.4)	4	(3)	—	1	(2)
Consumer Tissue	1.7	2	(1)	2	—	(1)
K-C Professional	1.2	1	(1)	1	1	(1)
Health Care	(0.2)	1	—	—	—	(1)
2012 versus 2011
Consolidated	1.0	2	(1)	2	1	(3)
Personal Care	4.9	5	—	3	—	(3)
Consumer Tissue	(3.6)	—	(3)	2	(1)	(2)
K-C Professional	(0.3)	2	(1)	1	—	(2)
Health Care	1.0	2	—	—	—	(1)

(a) Lost sales related to the European strategic changes and pulp and tissue restructuring actions.

(b) Mix/Other includes rounding.

OPERATING PROFIT		Change Due To
	Total	Volume	Net Price	Input Costs(a)	Cost Savings	Currency Translation	Other(b)
2013 versus 2012
Consolidated	19.4	4	7	(8)	12	(3)	7
Personal Care	2.3	4	2	(6)	12	(2)	(8)
Consumer Tissue	11.4	2	14	(12)	5	(1)	3
K-C Professional	11.6	1	8	(3)	10	(3)	(1)
Health Care	0.4	5	(1)	8	3	(2)	(13)
2012 versus 2011
Consolidated	10.0	5	17	4	12	(2)	(26)
Personal Care	8.8	8	16	(2)	13	(2)	(24)
Consumer Tissue	14.5	(5)	19	8	9	(2)	(15)
K-C Professional	11.9	5	6	7	10	(3)	(13)
Health Care	4.6	6	(1)	12	(7)	1	(6)

(a)    Includes inflation/deflation in raw materials, energy and distribution costs.

(b) Other includes the impact of changes in marketing, research and general expenses and manufacturing costs not separately listed in the table. In addition, consolidated includes the impact of the charges in 2013 and 2012 related to the European strategic changes and in 2013 related to the devaluation of the Venezuelan bolivar. Consolidated also includes the impact of charges in 2012 and 2011 related to the pulp and tissue restructuring actions and in 2011 a non-deductible business tax charge due to a law change in Colombia.

Commentary - 2013 Compared to 2012

Consolidated

Net sales of $21.2 billion in 2013 were essentially even with the prior year with increased organic sales volumes of 3 percent and higher net selling prices of 1 percent. Changes in foreign currency rates, and lost sales in conjunction with European strategic changes and pulp and tissue restructuring actions, each reduced net sales by 2 percent.

Operating profit of $3,208 in 2013 increased 19 percent from $2,686 in 2012. The increase in operating profit included benefits from organic volume growth and higher net selling prices, as well as FORCE (Focused On Reducing Costs Everywhere) cost

17 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

savings of $310. Comparisons were positively impacted by lower restructuring costs, as 2012 included $299 and $135 of charges for the European strategic changes and pulp and tissue restructuring actions, respectively, and 2013 included $81 of charges for the European strategic changes. Operating profit in 2013 was negatively impacted by inflation in input costs of $205 versus 2012 and unfavorable foreign currency translation effects of $70 as a result of the weakening of several currencies, including the Australian dollar and Brazilian real, relative to the U.S. dollar. Currency transaction effects also negatively impacted the operating profit comparison.

The effective tax rate was 31.5 percent in 2013 compared to 31.7 percent in 2012.

Kimberly-Clark's share of net income of equity companies was $205 in 2013 and $176 in 2012. At Kimberly-Clark de Mexico, S.A.B. de C.V. ("KCM"), results benefited from net sales growth, increased operating profit margin and a stronger Mexican peso versus the U.S. dollar.

Diluted earnings per share were $5.53 in 2013 and $4.42 in 2012. The increase was primarily due to higher operating profit, along with increased equity income and a lower share count.

Personal Care Segment

Net sales of $9.5 billion were essentially even with the prior year with increased organic sales volumes of 4 percent and improved product mix of 1 percent. Lost sales in conjunction with European strategic changes reduced net sales by 3 percent and currency rates were unfavorable by 2 percent. Operating profit of $1,698 increased 2 percent due to cost savings and organic sales volume increases, partially offset by inflation in input costs, manufacturing cost increases, higher marketing, research and general expenses and unfavorable currency effects.

Net sales in North America decreased 1 percent due to lower net selling prices and the impact of unfavorable product mix, which reduced net sales by a combined 1 percent. Sales volumes increased 1 percent and were partially offset by unfavorable currency effects. Adult care volumes increased mid-single digits, including benefits from product innovation on the Depend and Poise brands. Huggies diaper and baby wipe volumes each increased low-single digits. Child care volumes decreased low-single digits and were impacted by category softness, competitive activity and lower shipments for Huggies Little Swimmers swim pants. Feminine care volumes were also down low-single digits.

In KCI, net sales increased 4 percent with sales volumes up 7 percent and higher net selling prices and improved product mix of 1 percent each. Currency rates were unfavorable by more than 4 percent. Volumes increased significantly in China, Russia, Vietnam and throughout most of Latin America, including Brazil, but declined in South Korea and Venezuela. For diapers, the total increase in sales volumes, net selling prices and product mix was more than 35 percent in China and approximately 20 percent in Russia and Brazil.

Net sales in Europe decreased 31 percent, including a 40 percent negative impact from lost sales in conjunction with European strategic changes. Organic sales volumes rose 8 percent, including growth in Huggies baby wipes and child care products, and currency rates were favorable by 1 percent.

Consumer Tissue Segment

Net sales of $6.6 billion increased 2 percent, as higher organic sales volumes and net selling prices each increased 2 percent. These increases were partially offset by the impact of lost sales in conjunction with the European strategic changes and pulp and tissue restructuring actions and unfavorable foreign currency exchange rates, which each decreased net sales by 1 percent. Operating profit of $988 increased 11 percent due to higher net sales, cost savings, the positive impact from higher production volumes, and lower marketing, research and general expenses, partially offset by input cost inflation, other manufacturing cost increases and unfavorable currency effects.

Net sales in North America increased 3 percent compared to 2012, including a 2 percent increase in net selling prices and a 1 percent improvement in product mix. The increase in net selling prices was driven by sheet count reductions accompanying product innovation in 2013 on Kleenex facial tissue and Cottonelle and Scott Extra Soft bathroom tissue. Sales volumes were up slightly compared to 2012, as gains in bath tissue and paper towels were mostly offset by lower volumes in facial tissue.

Net sales increased 5 percent in KCI, with higher sales volumes of 5 percent and increased net selling prices of 4 percent. Unfavorable foreign currency exchange rates decreased net sales by 4 percent. The growth in volume and price was driven by increases in Latin America.

In Europe, net sales decreased 5 percent, including the impact from lost sales in conjunction with the European strategic changes and pulp and tissue restructuring actions of 7 percent and decreased net selling prices of 1 percent. These decrease were partially offset by increased organic sales volumes of 2 percent and favorable currency effects of 1 percent.

18 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

KCP Segment

Net sales of $3.3 billion increased 1 percent compared to 2012 with organic sales volumes, net selling prices and improved product mix each increasing net sales by 1 percent. These increases were partially offset by total lost sales in conjunction with the European strategic changes and pulp and tissue restructuring actions of 1 percent and unfavorable foreign currency exchange rates of 1 percent. Operating profit of $608 increased 12 percent due to sales growth and cost savings, partially offset by input cost inflation, increased marketing, research and general expenses and unfavorable currency effects.

Net sales in North America were up slightly compared to 2012. Higher volumes in washroom and wiper products were mostly offset by the impact from the exit of certain lower-margin safety product offerings.

Net sales increased 4 percent in KCI, despite a 5 percent decrease from unfavorable changes in currency rates. Sales volumes increased 4 percent, driven by growth in Latin America, and net selling prices also rose 4 percent. Improved product mix increased net sales by 1 percent.

In Europe, net sales decreased 1 percent. Lost sales in conjunction with the European strategic changes and pulp and tissue restructuring actions reduced sales volumes by 2 percent and organic sales volumes decreased 1 percent. These decreases were partially offset by the impact of favorable currency rates and improved product mix of 1 percent each.

Health Care Segment

Net sales of $1.6 billion were even with the prior year, as increased sales volumes of 1 percent were offset by unfavorable currency effects of 1 percent. Medical device volumes increased 5 percent, partially offset by lower surgical and infection prevention volumes. Operating profit was $230 in 2013 and $229 in 2012. Benefits from higher sales volumes and deflation in input costs were mostly offset by higher manufacturing costs, increased marketing, research and general expenses and unfavorable currency rates.

Commentary - 2012 Compared to 2011

Consolidated

Net sales of $21.1 billion in 2012 increased 1 percent compared to 2011 due to higher organic sales volumes and net selling prices of 2 percent each and improved product mix of 1 percent. Foreign currency exchange rates were unfavorable by 3 percent and lost sales in conjunction with pulp and tissue restructuring actions reduced net sales by 1 percent. Operating profit increased $244 compared to 2011. Operating profit benefited from increases in net sales, cost savings of $295 and deflation in input costs of $90. These benefits were partially offset by increased marketing, research and general expenses, including $115 in higher strategic marketing spending. Administrative and research spending also increased, in part to build further capabilities and support future growth. Foreign currency translation effects reduced operating profit by $55 as a result of the weakening of several currencies relative to the U.S. dollar. Comparisons were also impacted by the 2012 charges related to the European strategic changes, and 2012 and 2011 charges for the pulp and tissue restructuring actions. In addition, 2011 included a charge for a non-deductible business tax in Colombia.

The effective income tax rate in 2012 was 31.7 percent compared to 30.2 percent in 2011. The increase was primarily due to the tax impact related to the charges for the European strategic changes, partially offset by favorable audit resolutions.

Kimberly-Clark's share of net income of equity companies increased by $15 primarily due to higher earnings at KCM. KCM's net sales grew 3 percent due to increased sales volumes of 6 percent, higher net selling prices of 3 percent and a slight improvement in product mix, partially offset by unfavorable currency effects of 7 percent. Results were also impacted by higher marketing, research and general expenses, cost savings and deflation in input costs.

Net income attributable to noncontrolling interests decreased $15 primarily due to the redemption in 2011 of certain redeemable preferred securities. See Item 8, Note 8 for information on these securities and their redemption.

Personal Care Segment

Net sales of $9.6 billion increased 5 percent due to increased organic sales volumes of 5 percent and an increase in net selling prices of 3 percent. Foreign currency exchange rates were unfavorable by 3 percent. Operating profit of $1.7 billion increased 9 percent due to higher net sales and cost savings, partially offset by inflation in input costs, increases in marketing, research and general expenses and manufacturing costs and unfavorable currency effects.

Net sales in North America increased 2 percent. Net selling prices rose 3 percent, driven by improved revenue realization for Huggies diapers and baby wipes. Overall volumes were down 1 percent as infant care volumes decreased mid-single digits, primarily reflecting category declines. This decrease was mostly offset by volume improvements in adult care of mid-single digits and feminine care of low-single digits, primarily due to innovations in Depend and U by Kotex brands.

19 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

In KCI, net sales increased 8 percent despite a 5 percent decrease from unfavorable changes in currency rates. Sales volumes were up 9 percent, with high single-digit to low double-digit growth in each major region. Volume performance increased in a number of markets, including Brazil, China, Russia, South Africa, South Korea, Vietnam and Venezuela. Overall net selling prices improved 3 percent compared to the year-ago period, driven by increases in Latin America.

In Europe, net sales increased 2 percent, despite an unfavorable currency impact of 6 percent. Sales volumes rose 10 percent, mostly due to growth in non-branded offerings, Huggies baby wipes and child care offerings.

Consumer Tissue Segment

Net sales of $6.5 billion decreased 4 percent due to a 3 percent negative impact of lost sales in conjunction with pulp and tissue restructuring actions, unfavorable foreign currency exchange rates of 2 percent and unfavorable sales mix of 1 percent. Net selling prices increased 2 percent. Operating profit of $887 increased 14 percent due to higher net selling prices, cost savings and deflation in input costs, partially offset by increased marketing, research and general expenses and lower sales volumes.

Net sales in North America were down 3 percent compared to 2011, including a 5 percent decrease from lost sales in conjunction with pulp and tissue restructuring actions. Organic sales volumes were essentially flat with 2011, as gains in paper towels were offset by lower volumes in facial tissue. Overall net selling prices increased 3 percent and changes in product mix reduced net sales 1 percent.

Net sales decreased 1 percent in KCI. Currency rates were unfavorable by 4 percent and lost sales in conjunction with pulp and tissue restructuring actions reduced sales by 1 percent. Net selling prices increased 3 percent and changes in product mix increased net sales by 1 percent. These benefits were partially offset by decreases in organic sales volumes of 1 percent.

In Europe, net sales decreased 8 percent, including an unfavorable currency impact of 5 percent. Changes in product mix, net selling prices and organic sales volumes each decreased net sales by 1 percent.

KCP Segment

Net sales of $3.3 billion were essentially even with 2011 as increased organic sales volumes of 2 percent and higher net selling prices of 1 percent, were mostly offset by unfavorable foreign currency exchange rates of 2 percent. Lost sales in conjunction with pulp and tissue restructuring actions reduced sales by 1 percent. Operating profit of $545 increased 12 percent due to higher sales volumes and net selling prices, cost savings and deflation in input costs, partially offset by increased marketing, research and general expenses, unfavorable currency effects and increased manufacturing costs.

Net sales in North America were essentially even with 2011. Although washroom product volumes increased, these gains were offset by lower volumes in other areas, including safety products and wipers.

Net sales increased 5 percent in KCI, despite a 4 percent decrease from unfavorable changes in currency rates. Sales volumes increased 6 percent, driven by double-digit growth in Latin America, and net selling prices rose 3 percent.

In Europe, net sales decreased 9 percent. Currency rates were unfavorable by 6 percent and lost sales in conjunction with pulp and tissue restructuring actions reduced sales by 4 percent. Organic sales volumes were essentially flat with 2011, and net selling prices increased 1 percent.

Health Care Segment

Net sales of $1.6 billion increased 1 percent as sales volumes increased 2 percent, partially offset by the impact of unfavorable currency effects of 1 percent. Medical device volumes increased 3 percent and surgical and infection prevention volumes increased 2 percent. Operating profit of $229 increased 5 percent as higher net sales, deflation in input costs and lower marketing, research and general expenses were partially offset by increased manufacturing costs.

European Strategic Changes

In 2012, we approved strategic changes related to our Western and Central European consumer and professional businesses to focus our resources and investments on stronger market positions and growth opportunities. We have exited the diaper category in that region, with the exception of the Italian market, and divested or exited some lower-margin businesses, mostly in consumer tissue, in certain markets. The changes primarily affect our consumer businesses, with a modest impact on KCP. The impacted businesses generated annual net sales of approximately $0.5 billion and negligible operating profit. As a result of the restructuring activities, annual net sales in 2013 were decreased by $350.

Restructuring actions related to the strategic changes involve the sale or closure of five of our European manufacturing facilities and streamlining our administrative organization.

20 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

The restructuring actions commenced in 2012 and are expected to be completed by December 31, 2014. The restructuring is expected to result in cumulative charges toward the high end of the range of $350 to $400 pre-tax ($300 to $350 after-tax) over that period. Cash costs related to severance and other expenses are expected to be toward the low end of the range of 50 to 60 percent of the charges. Noncash charges consist primarily of asset impairment charges and incremental depreciation.

During 2013, $81 of pre-tax charges were recognized for the strategic changes, including $54 recorded in cost of products sold, $22 recorded in marketing, research and general expenses and $5 recorded in other (income) and expense, net. A related benefit of $15 was recorded in provision for income taxes. On a segment basis, $36, $27 and $13 of the charges were related to personal care, consumer tissue, and KCP, respectively. Cash payments of $156 related to the restructuring were made during 2013.

During 2012, $299 of pre-tax charges were recognized for the strategic changes, including $250 recorded in cost of products sold and $49 recorded in marketing, research and general expenses. A related benefit of $57 was recorded in provision for income taxes. On a segment basis, $213, $66 and $20 of the charges were related to personal care, consumer tissue and KCP, respectively. Non-cash charges totaled $165 in 2012.

For additional information on the European strategic changes, see Item 8, Note 3 to the Consolidated Financial Statements.

Pulp and Tissue Restructuring Actions

In 2011 and 2012, we executed pulp and tissue restructuring actions in order to exit our remaining integrated pulp manufacturing operations and improve the underlying profitability and return on invested capital of our consumer tissue and KCP businesses. These actions involved the streamlining, sale or closure ofsevenof our manufacturing facilities around the world. In conjunction with these actions, we exited certain non-strategic products, primarily non-branded offerings, and transferred some production to lower-cost facilities in order to improve overall profitability and returns. The actions were substantially complete at December 31, 2012.

As a result of the restructuring activities, versus the 2010 baseline, annual net sales in 2013 were decreased by $280 and operating profit was increased by $70. The annual improvement in operating profit, versus the 2010 baseline, is expected to increase to at least $100 in 2014.

During 2012, charges of $128, $6 and $1 were recorded in cost of products sold, marketing, research and general expenses and other (income) and expense, net, respectively, for the restructuring actions. A related benefit of $49 was recorded in provision for income taxes. On a segment basis, $125 and $9 of the charges were related to consumer tissue and KCP, respectively. On a geographic basis, $97, $35 and $3 of the charges were recorded in the United States, Australia and elsewhere, respectively.

During 2011, charges of $407, $6 and $2 were recorded in cost of products sold, marketing, research and general expenses and other (income) and expense, net, respectively, for the restructuring actions. A related benefit of $126 was recorded in provision for income taxes. On a segment basis, $357 and $56 of the charges were related to consumer tissue and KCP, respectively. On a geographic basis, $204, $133 and $78 of the charges were recorded in the United States, Australia and elsewhere, respectively.

21 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Unaudited Quarterly Data

	2013								2012
	Fourth		Third		Second		First		Fourth		Third		Second		First
Net sales	$	5,305	$	5,262	$	5,267	$	5,318	$	5,307	$	5,246	$	5,269	$	5,241
Gross profit	1,813		1,805		1,800		1,822		1,524		1,766		1,755		1,704
Operating profit	822		807		796		783		449		783		754		700
Net income attributable to the Corporation	539		546		526		531		267		517		498		468
Per share basis
Basic	1.41		1.43		1.37		1.37		0.68		1.31		1.27		1.19
Diluted	1.40		1.42		1.36		1.36		0.68		1.30		1.26		1.18
Cash dividends declared per share	0.81		0.81		0.81		0.81		0.74		0.74		0.74		0.74
Market price per share
High	111.68		100.81		106.54		97.99		87.80		88.25		83.77		74.39
Low	93.12		91.44		93.76		83.92		82.15		81.29		73.33		70.50
Close	104.46		94.22		97.14		97.98		84.43		85.78		83.77		73.89

Results include charges related to the European strategic changes in 2013 and 2012, a charge related to the devaluation of the Venezuelan bolivar in 2013 and charges related to the pulp and tissue restructuring actions in 2012. See Item 8, Notes 1, 3 and 4 for more information.

Liquidity and Capital Resources

Cash Provided by Operations

Cash provided by operations was $3.0 billion in 2013 compared to $3.3 billion in 2012. Despite higher earnings and improvements in our working capital cash conversion cycle, cash from operations decreased as a result of higher tax payments, pension contributions and cash payments for restructuring actions.

Obligations

The following table presents our total contractual obligations for which cash flows are fixed or determinable.

	Total		2014		2015		2016		2017		2018		2019+
Long-term debt	$	5,698	$	312	$	353	$	302	$	962	$	902	$	2,867
Interest payments on long-term debt	2,994		275		260		249		222		173		1,815
Redemption of preferred securities	526		500		—		—		—		—		26
Returns on redeemable preferred securities	37		28		2		2		2		2		1
Operating leases	764		189		155		124		113		76		107
Unconditional purchase obligations	1,613		481		259		189		173		177		334
Open purchase orders	1,354		1,254		80		14		1		5		—
Total contractual obligations	$	12,986	$	3,039	$	1,109	$	880	$	1,473	$	1,335	$	5,150

• Projected interest payments for variable-rate debt were calculated based on the outstanding principal amounts and prevailing market rates as of December 31, 2013.

• Two consolidated financing subsidiaries have issued redeemable preferred securities. In December 2013, the holder of the securities of one of the subsidiaries caused the subsidiary to elect to redeem the $500 face value of the securities in December 2014. As a result, we will repay the $500 face value plus accrued return in 2014. Returns on the redeemable preferred securities reflect required return payments through the December 2014 redemption date for the $500 face

22 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

value and through the potential redemption date in 2019 for the $26 face value of securities issued by the other subsidiary. See Item 8, Note 8 to the Consolidated Financial Statements for additional information regarding the securities.

• The unconditional purchase obligations are for the purchase of raw materials, primarily pulp, and utilities. Although we are primarily liable for payments on the above operating leases and unconditional purchase obligations, based on historic operating performance and forecasted future cash flows, we believe exposure to losses, if any, under these arrangements is not material.

• The open purchase orders displayed in the table represent amounts for goods and services we have negotiated for delivery.

The table does not include amounts where payments are discretionary or the timing is uncertain. The following payments are not included in the table:

• We will fund our defined benefit pension plans to meet or exceed statutory requirements and currently expect to contribute approximately $100 to $200 to these plans in 2014.

• Other postretirement benefit payments are estimated using actuarial assumptions, including expected future service, to project the future obligations. Based upon those projections, we anticipate making annual payments for these obligations of $57 in 2014 to more than $65 by 2023.

• Accrued income tax liabilities for uncertain tax positions, deferred taxes and noncontrolling interests.

Investing

During 2013, our capital spending was $1.0 billion compared to $1.1 billion in the prior year. We expect capital spending to be $1.0 billion to $1.2 billion in 2014. In 2013, proceeds from the disposition of property were $129 primarily due to the sale of certain non-core assets.

Financing

At December 31, 2013 and 2012, total debt and redeemable securities was $6.3 billion and $6.7 billion, respectively. In December 2013, a financial institution assumed our monetization loan of $397 and acquired ownership rights to most of the related note receivable. See Item 8, Note 8 to the Consolidated Financial Statements for additional information regarding the securities.

We repurchase shares of Kimberly-Clark common stock from time to time pursuant to publicly announced share repurchase programs. During 2013, we repurchased 12.4 million shares of our common stock at a cost of $1.2 billion through a broker in the open market. In 2014, we plan to repurchase $1.3 billion to $1.5 billion of shares through open market purchases, subject to market conditions.

On May 23, 2013, we issued $250 aggregate principal amount of floating rate notes due May 15, 2016, $350 aggregate principal amount of 2.4% notes due June 1, 2023, and $250 aggregate principal amount of 3.7% notes due June 1, 2043. Proceeds from the offering were used to repay our $500 aggregate principal amount of 5.0% notes due August 15, 2013, to fund investment in our business and for general corporate purposes.

We maintain a $1.5 billion revolving credit facility, scheduled to expire in October 2016, as well as the option to increase this facility by an additional $500. This facility, currently unused, supports our commercial paper program and would provide liquidity in the event our access to the commercial paper markets is unavailable for any reason.

Our short-term debt, which consists of U.S. commercial paper with original maturities up to 90 days and/or other similar short-term debt issued by non-U.S. subsidiaries, was $63 as of December 31, 2013 (included in debt payable within one year on the Consolidated Balance Sheet). The average month-end balance of short-term debt for the fourth quarter of 2013 was $302, and for the twelve months ended December 31, 2013 was $472. These short-term borrowings provide supplemental funding for supporting our operations. The level of short-term debt generally fluctuates depending upon the amount of operating cash flows and the timing of customer receipts and payments for items such as dividends and income taxes.

We account for our operations in Venezuela using highly inflationary accounting. On February 13, 2013, the Venezuelan government announced a devaluation of the Central Bank of Venezuela ("Central Bank") regulated currency exchange system rate to 6.3 bolivars per U.S. dollar and the elimination of the SITME rate. As a result of the devaluation, we recorded a $26 after-tax charge ($36 pre-tax) related to the remeasurement of the local currency-denominated balance sheet to the new exchange rate in 2013. Prior to this

23 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

devaluation, we used the Central Bank SITME rate of 5.4 bolivars per U.S. dollar to measure K-C Venezuela's bolivar-denominated transactions into U.S. dollars. The $36 pre-tax charge is reflected in the Consolidated Income Statement in other (income) and expense, net for the year ended December 31, 2013. In the Consolidated Cash Flow Statement, this non-cash charge is included in other in cash provided by operations.

At December 31, 2013, K-C Venezuela had a bolivar-denominated net monetary asset position of $309 and our net investment in K-C Venezuela was $445, both valued at 6.3 bolivars per U.S. dollar. Net sales of K-C Venezuela represented approximately 2 percent of consolidated net sales for the years ended December 31, 2013 and 2012 and approximately 1 percent of consolidated net sales for the year ended December 31, 2011.

Management believes that our ability to generate cash from operations and our capacity to issue short-term and long-term debt are adequate to fund working capital, capital spending, payment of dividends, pension plan contributions and other needs for the foreseeable future. Further, we do not expect restrictions or taxes on repatriation of cash held outside of the United States to have a material effect on our overall liquidity, financial condition or results of operations for the foreseeable future.

Variable Interest Entities

We have interests in the financing entities discussed in Item 8, Note 8 to the Consolidated Financial Statements.

Critical Accounting Policies and Use of Estimates

The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses during the reporting period. The critical accounting policies we used in the preparation of the Consolidated Financial Statements are those that are important both to the presentation of our financial condition and results of operations and require significant judgments by management with regard to estimates used. The critical judgments by management relate to accruals for sales incentives and trade promotion allowances, pension and other postretirement benefits, future cash flows associated with impairment testing for goodwill and long-lived assets and deferred income taxes and potential income tax assessments. These critical accounting policies have been reviewed with the Audit Committee of the Board of Directors.

Sales Incentives and Trade Promotion Allowances

Among those factors affecting the accruals for promotions are estimates of the number of consumer coupons that will be redeemed and the type and number of activities within promotional programs between us and our trade customers. Generally, the estimates for consumer coupon costs are based on historical patterns of coupon redemption, influenced by judgments about current market conditions such as competitive activity in specific product categories. Estimates of trade promotion liabilities for promotional program costs incurred, but unpaid, are generally based on estimates of the quantity of customer sales, timing of promotional activities and forecasted costs for activities within the promotional programs. Trade promotion programs include introductory marketing funds such as slotting fees, cooperative marketing programs, temporary price reductions, favorable end-of-aisle or in-store product displays and other activities conducted by our customers to promote our products. Promotion accruals as of December 31, 2013 and 2012 were $311 and $319, respectively. Rebate accruals are based on estimates of the quantity of products expected to be sold to specific customers, and were $358 and $340 at December 31, 2013 and 2012, respectively.

Employee Postretirement Benefits

Pension Plans

We have defined benefit pension plans in North America and the United Kingdom (the "Principal Plans") and/or defined contribution retirement plans covering substantially all regular employees. Certain other subsidiaries have defined benefit pension plans or, in certain countries, termination pay plans covering substantially all regular employees. The funding policy for our qualified defined benefit plans is to contribute assets at least equal to regulatory minimum requirements. Nonqualified U.S. plans providing pension benefits in excess of limitations imposed by the U.S. income tax code are not funded.

Consolidated pension expense for defined benefit pension plans was $69 in 2013 compared with $122 in 2012. Expense in 2013 included a benefit of $31 from a plan curtailment related to restructuring associated with the European strategic changes. Pension expense is calculated based upon a number of actuarial assumptions applied to each of the defined benefit plans. The weighted-average expected long-term rate of return on pension fund assets used to calculate pension expense was 6.26 percent in 2013 compared with 6.49 percent in 2012 and will be 5.98 percent in 2014. The weighted-average expected long-term rate of return

24 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

on pension fund assets used to calculate pension expense for the Principal Plans was 6.43 percent in 2013 compared with 6.68 percent in 2012 and will be 6.16 percent in 2014. The expected long-term rates of return are evaluated on an annual basis. In setting these assumptions, we consider a number of factors including projected future returns by asset class relative to the target asset allocation. Actual asset allocations are regularly reviewed and they are periodically rebalanced to the targeted allocations when considered appropriate.

Pension expense is determined using the fair value of assets rather than a calculated value that averages gains and losses ("Calculated Value") over a period of years. Investment gains or losses represent the difference between the expected return calculated using the fair value of assets and the actual return based on the fair value of assets. The variance between actual and expected gains and losses on pension assets is recognized in pension expense more rapidly than it would be if a Calculated Value was used for plan assets. As of December 31, 2013, the Principal Plans had cumulative unrecognized investment and actuarial losses of approximately $2.5 billion. These unrecognized net losses may increase future pension expense if not offset by (i) actual investment returns that exceed the assumed investment returns, (ii) other factors, including reduced pension liabilities arising from higher discount rates used to calculate pension obligations, or (iii) other actuarial gains, including whether such accumulated actuarial losses at each measurement date exceed the "corridor" as required.

The discount (or settlement) rate used to determine the present value of our future U.S. pension obligation at December 31, 2013 was based on a portfolio of high quality corporate debt securities with cash flows that largely match the expected benefit payments of the plan. For the U.K. and Canadian plans, the discount rate was determined based on yield curves constructed from a portfolio of high quality corporate debt securities. Each year's expected future benefit payments were discounted to their present value at the appropriate yield curve rate to determine the pension obligations. The weighted-average discount rate for the Principal Plans increased to 4.76 percent at December 31, 2013 from 4.12 percent at December 31, 2012. These rates are used as an input in calculating pension expense for 2014 and 2013, respectively.

Consolidated pension expense for defined benefit pension plans is estimated to approximate $110 in 2014. This estimate includes a charge of approximately $15 from an expected plan settlement related to the European strategic changes. Pension expense beyond 2014 will depend on future investment performance, our contributions to the pension trusts, changes in discount rates and various other factors related to the covered employees in the plans.

If the expected long-term rates of return on assets for the Principal Plans were lowered by 0.25 percent, our annual pension expense would increase by approximately $13 in 2014. If the discount rate assumptions for these same plans were reduced by 0.25 percent, annual pension expense would increase by approximately $3 and the December 31, 2013 pension liability would increase by about $177.

The fair value of the assets in our defined benefit plans was $5.6 billion and $5.4 billion at December 31, 2013 and December 31, 2012, respectively. The projected benefit obligations of the defined benefit plans exceeded the fair value of plan assets by approximately $0.6 billion and $1.2 billion at December 31, 2013 and December 31, 2012, respectively. On a consolidated basis, we contributed $220 to our pension plans in 2013 compared with $110 in 2012. In addition, we made direct benefit payments of $13 in 2013 and $14 in 2012. We currently anticipate contributing $100 to $200 to our pension plans in 2014.

Other Postretirement Benefit Plans

Substantially all U.S. retirees and employees have access to our unfunded healthcare and life insurance benefit plans. We made benefit payments of $52 in 2013 compared with $55 in 2012. The determination of the discount rates used to calculate the benefit obligations of the plans is discussed in the pension benefit section above. If the discount rate assumptions for these plans were reduced by 0.25 percent, there would be no impact to 2014 other postretirement benefit expense and the December 31, 2013 benefit liability would increase by about $18.

The methodology for determining the discount rate used for each country's other postretirement benefit obligation is the same as the methodology used to determine the discount rate used for that country's pension obligation. The discount rates displayed for the two types of obligations for our consolidated operations may appear different due to the unique benefit payments of the plans.

The healthcare cost trend rate is based on a combination of inputs including our recent claims history and insights from external advisers regarding recent developments in the healthcare marketplace, as well as projections of future trends in the marketplace. The annual increase in the consolidated weighted-average healthcare cost trend rate is expected to be 6.2 percent in 2014 and to gradually decline to 5.0 percent in 2022 and thereafter. See Item 8, Note 10 to the Consolidated Financial Statements for disclosure of the effect of a one percentage point change in the healthcare cost trend rate.

25 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Goodwill and Other Intangible Assets

The carrying amount of goodwill is tested annually for impairment and whenever events or circumstances indicate that impairment may have occurred. During the third quarter of 2013, we changed our annual goodwill impairment testing date from the beginning of the fourth quarter to the beginning of the third quarter, which did not result in the delay, acceleration or avoidance of an impairment charge. We believe this timing is preferable as it better aligns the goodwill impairment test with our strategic business planning process, which is a key component of the goodwill impairment test. The change was applied prospectively, as retrospective application would have been impractical because we are unable to objectively select assumptions that would have been used in previous periods without the benefit of hindsight.

Impairment testing is conducted at the reporting unit level of our businesses and is based on a discounted cash flow approach to determine the fair value. The determination of fair value requires significant management judgment including estimating future sales volumes, selling prices and costs, changes in working capital, investments in property and equipment and the selection of an appropriate discount rate. Sensitivities of these fair value estimates to changes in assumptions for sales volumes, selling prices and costs are also tested. If the carrying amount of a reporting unit that contains goodwill exceeds fair value, a possible impairment would be indicated.

If a possible impairment is indicated, the implied fair value of goodwill would be estimated by comparing the fair value of the net assets of the unit excluding goodwill to the total fair value of the unit. If the carrying amount of goodwill exceeds its implied fair value, an impairment charge would be recorded. Judgment is used in assessing whether goodwill should be tested more frequently for impairment than annually. Factors such as unexpected adverse economic conditions, competition, product changes and other external events may require more frequent assessments. The annual goodwill impairment testing has been completed and, as the fair value of each reporting unit was in excess of the respective reporting unit's carrying value, it has been determined that our $3.2 billion of goodwill is not impaired.

We have no significant intangible assets with indefinite useful lives. At December 31, 2013, we have intangible assets with finite useful lives with a gross carrying amount of $546 and a net carrying amount of $236. These assets are being amortized over their estimated useful lives and are tested for impairment whenever events or circumstances indicate that impairment may have occurred. If the carrying amount of an intangible asset is not recoverable based on estimated future undiscounted cash flows, an impairment loss would be indicated. The amount of the impairment loss to be recorded would be based on the excess of the carrying amount of the intangible asset over its fair value (based on discounted future cash flows). Judgment is used in assessing whether the carrying amount of intangible assets is not expected to be recoverable over their estimated remaining useful lives. The factors considered are similar to those outlined in the goodwill impairment discussion above.

Deferred Income Taxes and Potential Assessments

As of December 31, 2013, we have recorded deferred tax assets related to income tax loss carryforwards, income tax credit carryforwards and capital loss carryforwards totaling $604 and had established valuation allowances against these deferred tax assets of $173, thereby resulting in a net deferred tax asset of $431. As of December 31, 2012, the net deferred tax asset was $527. These carryforwards are primarily in non-U.S. taxing jurisdictions and in certain states in the U.S. Foreign tax credits earned in the U.S. in current and prior years, which cannot be used currently, also give rise to net deferred tax assets. In determining the valuation allowances to establish against these deferred tax assets, many factors are considered, including the specific taxing jurisdiction, the carryforward period, income tax strategies and forecasted earnings for the entities in each jurisdiction. A valuation allowance is recognized if, based on the weight of available evidence, it is more likely than not that some portion or all of the deferred tax asset will not be realized.

As of December 31, 2013, U.S. income taxes and foreign withholding taxes have not been provided on approximately $9.8 billion of unremitted earnings of subsidiaries operating outside the U.S. These earnings are considered by management to be invested indefinitely. However, they would be subject to income tax if they were remitted as dividends, were lent to one of our U.S. entities or if we were to sell our stock in the subsidiaries. It is not practicable to determine the amount of unrecognized deferred U.S. income tax liability on these unremitted earnings. We periodically determine whether our non-U.S. subsidiaries will invest their undistributed earnings indefinitely and reassess this determination, as appropriate.

We record our global tax provision based on the respective tax rules and regulations for the jurisdictions in which we operate. Where we believe that a tax position is supportable for income tax purposes, the item is included in our income tax returns. Where treatment of a position is uncertain, a liability is recorded based upon the expected most likely outcome taking into consideration the technical merits of the position based on specific tax regulations and facts of each matter. These liabilities may be affected by

26 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

changing interpretations of laws, rulings by tax authorities or the expiration of the statute of limitations. Our U.S. federal income tax returns have been audited through 2009. IRS assessments of additional taxes have been paid through 2003. We have various federal income tax return positions in administrative appeals or litigation for 1999 to 2009. We currently believe that the ultimate resolution of these matters, individually or in the aggregate, will not have a material effect on our business, financial condition, results of operations or liquidity.

Legal Matters

We are subject to various legal proceedings, claims and governmental inquiries, inspections, audits or investigations pertaining to issues such as contract disputes, product liability, tax matters, patents and trademarks, advertising, pricing, business practices, governmental regulations, employment and other matters. Although the results of litigation and claims cannot be predicted with certainty, we believe that the ultimate disposition of these matters, to the extent not previously provided for, will not have a material adverse effect, individually or in the aggregate, on our business, financial condition, results of operations or liquidity.

We are subject to federal, state and local environmental protection laws and regulations with respect to our business operations and are operating in compliance with, or taking action aimed at ensuring compliance with, these laws and regulations. We have been named a potentially responsible party under the provisions of the U.S. federal Comprehensive Environmental Response, Compensation and Liability Act, or analogous state statutes, at a number of sites where hazardous substances are present. None of our compliance obligations with environmental protection laws and regulations, individually or in the aggregate, is expected to have a material adverse effect on our business, financial condition, results of operations or liquidity.

New Accounting Standards

See Item 8, Note 1 to the Consolidated Financial Statements for a description of new accounting standards and their anticipated effects on our Consolidated Financial Statements.

Business Outlook

2014 Operating Results

We plan to continue to execute our Global Business Plan strategies, which include a focus on targeted growth initiatives, innovation and brand building, cost savings programs and shareholder-friendly capital allocation. In 2014, we expect GAAP earnings per share in a range of $5.95 to $6.17. Growth in organic volume, net selling prices and product mix is expected to be in the combined 3 to 5 percent target range, led by KCI. We expect net sales to be negatively impacted by lost sales from the European strategic changes and pulp and tissue restructuring actions of 1 percent and unfavorable foreign currency exchange rates of 2 to 3 percent. We plan to achieve cost savings of at least $300 to help offset anticipated unfavorable foreign currency translation operating profit impacts of 3 to 4 percent and commodity cost inflation of $150 to $250. We anticipate that advertising and research and development spending will increase faster than sales to support targeted growth initiatives and innovation activities. We expect the effective tax rate to be between 31.0 and 32.5 percent. We anticipate capital spending to be in a $1.0 to $1.2 billion range and share repurchases to total $1.3 to $1.5 billion, subject to market conditions. We expect to contribute $100 to $200 to our defined benefit pension plans and to increase our quarterly dividend 2 to 4 percent effective April 2014, subject to approval by the Board of Directors. The 2014 assumptions include a full year of the health care business and do not include spin-off transaction or related costs.

Potential Spin-off of Health Care Business

In November 2013, we announced that our Board of Directors authorized management to pursue a potential tax-free spin-off of our health care business. A spin-off would create a stand-alone, publicly traded health care company with approximately $1.6 billion in annual net sales, focused on the sale of surgical and infection prevention products for the operating room and other medical supplies, and medical devices focused on pain management, respiratory and digestive health. We expect that the spin-off would be in the form of a tax-free distribution of 100 percent of the new company’s common stock to Kimberly-Clark shareholders.

Although our current target is to complete the spin-off by the end of the third quarter of 2014, there are no assurances as to when the proposed spin-off will be completed, if at all, or if the spin-off will be completed based on the expected plans.

27 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Information Concerning Forward-Looking Statements

Certain matters contained in this report concerning the business outlook, including the anticipated costs, scope, timing and financial and other effects of the European strategic changes and the pulp and tissue restructuring actions, the proposed spin-off of our health care business, cash flow and uses of cash, growth initiatives, innovations, marketing and other spending, cost savings and reductions, net sales, anticipated currency rates and exchange risks, raw material, energy and other input costs, contingencies and anticipated transactions of Kimberly-Clark, including dividends, share repurchases and pension contributions, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and are based upon management's expectations and beliefs concerning future events impacting Kimberly-Clark.  There can be no assurance that these future events will occur as anticipated or that our results will be as estimated.  Forward-looking statements speak only as of the date they were made, and we undertake no obligation to publicly update them. 

The assumptions used as a basis for the forward-looking statements include many estimates that, among other things, depend on the achievement of future cost savings and projected volume increases. In addition, many factors outside our control, including fluctuations in foreign currency exchange rates, the prices and availability of our raw materials, potential competitive pressures on selling prices for our products, energy costs and retail trade customer actions, as well as general economic and political conditions globally and in the markets in which we do business, could affect the realization of these estimates.

The factors described under Item 1A, "Risk Factors" in this Form 10-K, or in our other SEC filings, among others, could cause our future results to differ from those expressed in any forward-looking statements made by us or on our behalf. Other factors not presently known to us or that we presently consider immaterial could also affect our business operations and financial results.

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

As a multinational enterprise, we are exposed to risks such as changes in foreign currency exchange rates, interest rates and commodity prices. A variety of practices are employed to manage these risks, including operating and financing activities and, where deemed appropriate, the use of derivative instruments. Derivative instruments are used only for risk management purposes and not for speculation. All foreign currency derivative instruments are entered into with major financial institutions. Our credit exposure under these arrangements is limited to agreements with a positive fair value at the reporting date. Credit risk with respect to the counterparties is actively monitored but is not considered significant since these transactions are executed with a diversified group of financial institutions.

Presented below is a description of our risks (foreign currency risk and interest rate risk) together with a sensitivity analysis, performed annually, of each of these risks based on selected changes in market rates and prices. These analyses reflect management's view of changes which are reasonably possible to occur over a one-year period. Also included is a description of our commodity price risk.

Foreign Currency Risk

Foreign currency risk is managed by the systematic use of foreign currency forward and swap contracts for a portion of our exposure. The use of these instruments allows the management of transactional exposures to exchange rate fluctuations because the gains or losses incurred on the derivative instruments will offset, in whole or in part, losses or gains on the underlying foreign currency exposure.

Foreign currency contracts and transactional exposures are sensitive to changes in foreign currency exchange rates. An annual test is performed to quantify the effects that possible changes in foreign currency exchange rates would have on annual operating profit based on our foreign currency contracts and transactional exposures at the current year-end. The balance sheet effect is calculated by multiplying each affiliate's net monetary asset or liability position by a 10 percent change in the foreign currency exchange rate versus the U.S. dollar.

As of December 31, 2013, a 10 percent unfavorable change in the exchange rate of the U.S. dollar against the prevailing market rates of foreign currencies involving balance sheet transactional exposures would have resulted in a net pre-tax loss of approximately $25, excluding the effect of an unfavorable change in the Venezuelan bolivar discussed below. These hypothetical losses on transactional exposures are based on the difference between the December 31, 2013 rates and the assumed rates. In the view of management, the above hypothetical losses resulting from these assumed changes in foreign currency exchange rates are not material to our consolidated financial position, results of operations or cash flows.

28 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Our operations in Venezuela are reported using highly inflationary accounting and their functional currency is the U.S. dollar. Changes in the value of a Venezuelan bolivar versus the U.S. dollar applied to our bolivar-denominated net monetary asset position are recorded in income at the time of the change. At December 31, 2013, a 10 percent unfavorable change in the exchange rate would have resulted in a net pre-tax loss of approximately $30. There are no viable options for hedging this exposure.

The translation of the balance sheets of non-U.S. operations from local currencies into U.S. dollars is also sensitive to changes in foreign currency exchange rates. Consequently, an annual test is performed to determine if changes in currency exchange rates would have a significant effect on the translation of the balance sheets of non-U.S. operations into U.S. dollars. These translation gains or losses are recorded as unrealized translation adjustments ("UTA") within stockholders' equity. The hypothetical change in UTA is calculated by multiplying the net assets of these non-U.S. operations by a 10 percent change in the currency exchange rates. As of December 31, 2013, a 10 percent unfavorable change in the exchange rate of the U.S. dollar against the prevailing market rates of our foreign currency translation exposures would have reduced stockholders' equity by approximately $900. These hypothetical adjustments in UTA are based on the difference between the December 31, 2013 exchange rates and the assumed rates. In the view of management, the above UTA adjustments resulting from these assumed changes in foreign currency exchange rates are not material to our consolidated financial position because they would not affect our cash flow.

Interest Rate Risk

Interest rate risk is managed through the maintenance of a portfolio of variable- and fixed-rate debt composed of short- and long-term instruments. The objective is to maintain a cost-effective mix that management deems appropriate. At December 31, 2013, the debt portfolio was composed of approximately 15 percent variable-rate debt and 85 percent fixed-rate debt.

Two separate tests are performed to determine whether changes in interest rates would have a significant effect on our financial position or future results of operations. Both tests are based on consolidated debt levels at the time of the test. The first test estimates the effect of interest rate changes on fixed-rate debt. Interest rate changes would result in gains or losses in the market value of fixed-rate debt due to differences between the current market interest rates and the rates governing these instruments. With respect to fixed-rate debt outstanding at December 31, 2013, a 10 percent decrease in interest rates would have increased the fair value of fixed-rate debt by about $195. The second test estimates the potential effect on future pre-tax income that would result from increased interest rates applied to our current level of variable-rate debt. With respect to variable-rate debt, a 10 percent increase in interest rates would not have a material effect on the future results of operations or cash flows.

Commodity Price Risk

We are subject to commodity price risk, the most significant of which relates to the price of pulp. Selling prices of tissue products are influenced, in part, by the market price for pulp, which is determined by industry supply and demand. As previously discussed under Item 1A, "Risk Factors," increases in pulp prices could adversely affect earnings if selling prices are not adjusted or if such adjustments significantly trail the increases in pulp prices. Derivative instruments have not been used to manage these risks.

Our energy, manufacturing and transportation costs are affected by various market factors including the availability of supplies of particular forms of energy, energy prices and local and national regulatory decisions. As previously discussed under Item 1A, "Risk Factors," there can be no assurance we will be fully protected against substantial changes in the price or availability of energy sources. In addition, we are subject to price risk for utilities and manufacturing inputs, which are used in our manufacturing operations. Derivative instruments are used in accordance with our risk management policy to hedge a limited portion of the price risk.

29 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

CONSOLIDATED INCOME STATEMENT

	Year Ended December 31
(Millions of dollars, except per share amounts)	2013			2012			2011
Net Sales	$	21,152		$	21,063		$	20,846
Cost of products sold	13,912			14,314			14,694
Gross Profit	7,240			6,749			6,152
Marketing, research and general expenses	4,028			4,069			3,761
Other (income) and expense, net	4			(6		)	(51		)
Operating Profit	3,208			2,686			2,442
Interest income	20			18			18
Interest expense	(283		)	(284		)	(277		)
Income Before Income Taxes and Equity Interests	2,945			2,420			2,183
Provision for income taxes	(929		)	(768		)	(660		)
Income Before Equity Interests	2,016			1,652			1,523
Share of net income of equity companies	205			176			161
Net Income	2,221			1,828			1,684
Net income attributable to noncontrolling interests	(79		)	(78		)	(93		)
Net Income Attributable to Kimberly-Clark Corporation	$	2,142		$	1,750		$	1,591
Per Share Basis
Net Income Attributable to Kimberly-Clark Corporation
Basic	$	5.58		$	4.45		$	4.02
Diluted	$	5.53		$	4.42		$	3.99
Cash Dividends Declared	$	3.24		$	2.96		$	2.80

See Notes to Consolidated Financial Statements.

30 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME

	Year Ended December 31
(Millions of dollars)	2013			2012			2011
Net Income	$	2,221		$	1,828		$	1,684
Other Comprehensive Income (Loss), Net of Tax
Unrealized currency translation adjustments	(494		)	215			(249		)
Employee postretirement benefits	302			(377		)	(134		)
Other	17			(16		)	(30		)
Total Other Comprehensive Income (Loss), Net of Tax	(175		)	(178		)	(413		)
Comprehensive Income	2,046			1,650			1,271
Comprehensive income attributable to noncontrolling interests	(87		)	(93		)	(80		)
Comprehensive Income Attributable to Kimberly-Clark Corporation	$	1,959		$	1,557		$	1,191

See Notes to Consolidated Financial Statements.

31 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEET

	December 31
(Millions of dollars)	2013			2012
ASSETS
Current Assets
Cash and cash equivalents	$	1,054		$	1,106
Accounts receivable, net	2,545			2,642
Inventories	2,233			2,348
Other current assets	718			493
Total Current Assets	6,550			6,589
Property, Plant and Equipment, Net	7,948			8,095
Investments in Equity Companies	382			355
Goodwill	3,181			3,337
Other Intangible Assets	243			246
Long-Term Note Receivable	—			395
Other Assets	615			856
TOTAL ASSETS	$	18,919		$	19,873
LIABILITIES AND STOCKHOLDERS' EQUITY
Current Liabilities
Debt payable within one year	$	375		$	1,115
Redeemable preferred securities of subsidiary	506			—
Trade accounts payable	2,598			2,443
Accrued expenses	2,060			2,244
Dividends payable	309			289
Total Current Liabilities	5,848			6,091
Long-Term Debt	5,386			5,070
Noncurrent Employee Benefits	1,312			1,992
Deferred Income Taxes	817			488
Other Liabilities	344			396
Redeemable Preferred and Common Securities of Subsidiaries	72			549
Stockholders' Equity
Kimberly-Clark Corporation
Preferred stock—no par value—authorized 20.0 million shares, none issued	—			—
Common stock—$1.25 par value—authorized 1.2 billion shares; issued 428.6 million shares at December 31, 2013 and 2012	536			536
Additional paid-in capital	594			481
Common stock held in treasury, at cost—47.8 million and 39.3 million shares at December 31, 2013 and 2012	(3,746		)	(2,796		)
Retained earnings	9,714			8,823
Accumulated other comprehensive income (loss)	(2,242		)	(2,059		)
Total Kimberly-Clark Corporation Stockholders' Equity	4,856			4,985
Noncontrolling Interests	284			302
Total Stockholders' Equity	5,140			5,287
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$	18,919		$	19,873

See Notes to Consolidated Financial Statements.

32 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY

(Milions of dollars, shares in thousands)	Common Stock Issued					Additional Paid-in Capital			Treasury Stock					Retained Earnings			Accumulated Other Comprehensive Income (Loss)			Noncontrolling Interests
	Shares		Amount						Shares		Amount
Balance at December 31, 2010	478,597		$	598		$	425		71,741		$	(4,726	)	$	11,086		$	(1,466	)	$	285
Net income in stockholders' equity	—		—			—			—		—			1,591			—			39
Other comprehensive income, net of tax
Unrealized translation	—		—			—			—		—			—			(236		)	(13		)
Employee postretirement benefits	—		—			—			—		—			—			(133		)	(1		)
Other	—		—			—			—		—			—			(31		)	1
Stock-based awards exercised or vested	—		—			(47		)	(7,924	)	490			—			—			—
Income tax benefits on stock-based compensation	—		—			10			—		—			—			—			—
Shares repurchased	—		—			—			19,120		(1,247		)	—			—			—
Shares retired	(50,000	)	(62		)	—			(50,000	)	3,378			(3,316		)	—			—
Recognition of stock-based compensation	—		—			48			—		—			—			—			—
Dividends declared	—		—			—			—		—			(1,107		)	—			(29		)
Other	—		—			4			—		—			(10		)	—			(2		)
Balance at December 31, 2011	428,597		536			440			32,937		(2,105		)	8,244			(1,866		)	280
Net income in stockholders' equity	—		—			—			—		—			1,750			—			47
Other comprehensive income, net of tax
Unrealized translation	—		—			—			—		—			—			195			20
Employee postretirement benefits	—		—			—			—		—			—			(372		)	(5		)
Other	—		—			—			—		—			—			(16		)	—
Stock-based awards exercised or vested	—		—			(78		)	(10,492	)	643			—			—			—
Income tax benefits on stock-based compensation	—		—			43			—		—			—			—			—
Shares repurchased	—		—			—			16,877		(1,333		)	—			—			—
Recognition of stock-based compensation	—		—			67			—		—			—			—			—
Dividends declared	—		—			—			—		—			(1,163		)	—			(38		)
Other	—		—			9			—		(1		)	(8		)	—			(2		)
Balance at December 31, 2012	428,597		536			481			39,322		(2,796		)	8,823			(2,059		)	302
Net income in stockholders' equity	—		—			—			—		—			2,142			—			48
Other comprehensive income, net of tax
Unrealized translation	—		—			—			—		—			—			(499		)	5
Employee postretirement benefits	—		—			—			—		—			—			298			4
Other	—		—			—			—		—			—			18			(1		)
Stock-based awards exercised or vested	—		—			(33		)	(4,108	)	264			—			—			—
Income tax benefits on stock-based compensation	—		—			46			—		—			—			—			—
Shares repurchased	—		—			—			12,584		(1,214		)	—			—			—
Recognition of stock-based compensation	—		—			92			—		—			—			—			—
Dividends declared	—		—			—			—		—			(1,244		)	—			(39		)
Other	—		—			8			—		—			(7		)	—			(35		)
Balance at December 31, 2013	428,597		$	536		$	594		47,798		$	(3,746	)	$	9,714		$	(2,242	)	$	284

See Notes to Consolidated Financial Statements.

33 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

CONSOLIDATED CASH FLOW STATEMENT

	Year Ended December 31
(Millions of dollars)	2013			2012			2011
Operating Activities
Net income	$	2,221		$	1,828		$	1,684
Depreciation and amortization	863			857			1,091
Asset impairments	45			171			58
Stock-based compensation	92			67			48
Deferred income taxes	151			224			274
Net (gains) losses on asset dispositions	11			35			(6		)
Equity companies' earnings in excess of dividends paid	(36		)	(27		)	(23		)
(Increase) decrease in operating working capital	(158		)	119			(262		)
Postretirement benefits	(158		)	7			(574		)
Other	9			7			(2		)
Cash Provided by Operations	3,040			3,288			2,288
Investing Activities
Capital spending	(953		)	(1,093		)	(968		)
Acquisitions of businesses	(32		)	(5		)	—
Proceeds from dispositions of property	129			9			51
Proceeds from sales of investments	26			23			28
Investments in time deposits	(93		)	(212		)	(158		)
Maturities of time deposits	94			95			141
Proceeds from maturity of note receivable	—			—			220
Other	(15		)	(1		)	5
Cash Used for Investing	(844		)	(1,184		)	(681		)
Financing Activities
Cash dividends paid	(1,223		)	(1,151		)	(1,099		)
Change in short-term borrowings	(287		)	271			13
Debt proceeds	890			315			839
Debt repayments	(544		)	(492		)	(107		)
Redemption of redeemable preferred securities of subsidiary	—			—			(500		)
Cash paid on redeemable preferred securities of subsidiary	(27		)	(28		)	(57		)
Proceeds from exercise of stock options	232			565			435
Acquisitions of common stock for the treasury	(1,216		)	(1,284		)	(1,246		)
Other	(10		)	2			(19		)
Cash Used for Financing	(2,185		)	(1,802		)	(1,741		)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(63		)	40			22
Increase (Decrease) in Cash and Cash Equivalents	(52		)	342			(112		)
Cash and Cash Equivalents - Beginning of Year	1,106			764			876
Cash and Cash Equivalents - End of Year	$	1,054		$	1,106		$	764

See Notes to Consolidated Financial Statements.

34 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

Note 1.    Accounting Policies

Basis of Presentation

The Consolidated Financial Statements present the accounts of Kimberly-Clark Corporation and all subsidiaries in which it has a controlling financial interest as if they were a single economic entity in conformity with accounting principles generally accepted in the United States of America ("GAAP"). All intercompany transactions and accounts are eliminated in consolidation. The terms "Corporation," "Kimberly-Clark," "we," "our," and "us" refer to Kimberly-Clark Corporation and all subsidiaries in which it has a controlling financial interest. Dollar amounts are reported in millions, except per share dollar amounts, unless otherwise noted.

Use of Estimates

The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses during the reporting periods. Actual results could differ from these estimates, and changes in these estimates are recorded when known. Estimates are used in accounting for, among other things, consumer and trade promotion and rebate accruals, pension and other postretirement benefits, future cash flows associated with impairment testing for goodwill and long-lived assets, and deferred tax assets and potential income tax assessments.

Cash Equivalents

Cash equivalents are short-term investments with an original maturity date of three months or less.

Inventories and Distribution Costs

Most U.S. inventories are valued at the lower of cost, using the Last-In, First-Out (LIFO) method, or market. The balance of the U.S. inventories and inventories of consolidated operations outside the U.S. are valued at the lower of cost, using either the First-In, First-Out (FIFO) or weighted-average cost methods, or market. Distribution costs are classified as cost of products sold.

Property and Depreciation

Property, plant and equipment are stated at cost and are depreciated on the straight-line method. Buildings are depreciated over their estimated useful lives, primarily 40 years. Machinery and equipment are depreciated over their estimated useful lives, primarily ranging from 16 to 20 years. Purchases of computer software, including external costs and certain internal costs (including payroll and payroll-related costs of employees) directly associated with developing significant computer software applications for internal use, are capitalized. Computer software costs are amortized on the straight-line method over the estimated useful life of the software, which generally does not exceed 5 years.

Estimated useful lives are periodically reviewed and, when warranted, changes are made to them. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. An impairment loss would be indicated when estimated undiscounted future cash flows from the use and eventual disposition of an asset group, which are identifiable and largely independent of the cash flows of other asset groups, are less than the carrying amount of the asset group. Measurement of an impairment loss would be based on the excess of the carrying amount of the asset group over its fair value. Fair value is measured using discounted cash flows or independent appraisals, as appropriate. When property is sold or retired, the cost of the property and the related accumulated depreciation are removed from the Consolidated Balance Sheet and any gain or loss on the transaction is included in income.

Goodwill and Other Intangible Assets

Goodwill represents costs in excess of fair values assigned to the underlying net assets of acquired businesses. Goodwill is not amortized, but rather is tested for impairment annually and whenever events and circumstances indicate that impairment may have occurred. During the third quarter of 2013, we changed the measurement date for our annual goodwill impairment test from the beginning of the fourth quarter to the beginning of the third quarter. This change did not result in the delay, acceleration or avoidance of an impairment charge. We believe this timing is preferable as it better aligns the goodwill impairment test with our strategic business planning process, which is a key component of the goodwill impairment test. The change was applied prospectively, as

35 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

retrospective application would have been impractical because we are unable to objectively select assumptions that would have been used in previous periods without the benefit of hindsight.

Impairment testing compares the reporting unit carrying amount of goodwill with its fair value. Fair value is estimated based on discounted cash flows. If the reporting unit carrying amount of goodwill exceeds its fair value, an impairment charge would be recorded. We have completed the required annual testing of goodwill for impairment for all reporting units and have determined that goodwill is not impaired.

Intangible assets with finite lives are amortized over their estimated useful lives and are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. Estimated useful lives range from 2 to 30 years for trademarks, 5 to 17 years for patents and developed technologies, and 5 to 16 years for other intangible assets. An impairment loss would be indicated when estimated undiscounted future cash flows from the use of the asset are less than its carrying amount. An impairment loss would be measured as the difference between the fair value (based on discounted future cash flows) and the carrying amount of the asset.

Investments in Equity Companies

Investments in companies which we do not control but over which we have the ability to exercise significant influence and that, in general, are at least 20 percent-owned by us, are stated at cost plus equity in undistributed net income. These investments are evaluated for impairment when warranted. An impairment loss would be recorded whenever a decline in value of an equity investment below its carrying amount is determined to be other than temporary. In judging "other than temporary," we would consider the length of time and extent to which the fair value of the equity company investment has been less than the carrying amount, the near-term and longer-term operating and financial prospects of the equity company, and our longer-term intent of retaining the investment in the equity company.

Revenue Recognition

Sales revenue is recognized at the time of product shipment or delivery, depending on when title passes, to unaffiliated customers, and when all of the following have occurred: a firm sales agreement is in place, pricing is fixed or determinable, and collection is reasonably assured. Sales are reported net of returns, consumer and trade promotions, rebates and freight allowed. Taxes imposed by governmental authorities on our revenue-producing activities with customers, such as sales taxes and value-added taxes, are excluded from net sales.

Sales Incentives and Trade Promotion Allowances

The cost of promotion activities provided to customers is classified as a reduction in sales revenue. In addition, the estimated redemption value of consumer coupons is recorded at the time the coupons are issued and classified as a reduction in sales revenue. Estimates of trade promotion liabilities for promotional program costs incurred, but unpaid, are generally based on estimates of the quantity of customer sales, timing of promotional activities and forecasted costs for activities within the promotional programs.

Advertising Expense

Advertising costs are expensed in the year the related advertisement or campaign is first presented by the media. For interim reporting purposes, advertising expenses are charged to operations as a percentage of sales based on estimated sales and related advertising expense for the full year.

Research Expense

Research and development costs are charged to expense as incurred.

Environmental Expenditures

Environmental expenditures related to current operations that qualify as property, plant and equipment or which substantially increase the economic value or extend the useful life of an asset are capitalized, and all other environmental expenditures are expensed as incurred. Liabilities are recorded when environmental assessments and/or remedial efforts are probable and the costs can be reasonably estimated. Generally, the timing of these accruals coincides with completion of a feasibility study or a commitment to a formal plan of action. Liabilities for future expenditures for environmental remediation obligations are not discounted and do not reflect any anticipated recoveries from insurers.

36 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Foreign Currency Translation

The income statements of foreign operations, other than those in highly inflationary economies, are translated into U.S. dollars at rates of exchange in effect each month. The balance sheets of these operations are translated at period-end exchange rates, and the differences from historical exchange rates are reflected in stockholders' equity as unrealized translation adjustments.

The income statements and balance sheets of operations in highly inflationary economies are translated into U.S. dollars using both current and historical rates of exchange. We account for our operations in Venezuela using highly inflationary accounting. On February 13, 2013, the Venezuelan government announced a devaluation of the Central Bank of Venezuela ("Central Bank") regulated currency exchange system rate to 6.3 bolivars per U.S. dollar and the elimination of the SITME rate. As a result of the devaluation, we recorded a $26 after tax charge ($36 pre-tax) related to the remeasurement of the local currency-denominated balance sheet to the new exchange rate in 2013. Prior to this devaluation, we used the Central Bank SITME rate of 5.4 bolivars per U.S. dollar to measure K-C Venezuela's bolivar-denominated transactions into U.S. dollars. The $36 pre-tax charge is reflected in the Consolidated Income Statement in other (income) and expense, net for the year ended December 31, 2013. In the Consolidated Cash Flow Statement, this non-cash charge is included in other in cash provided by operations.

At December 31, 2013, K-C Venezuela had a bolivar-denominated net monetary asset position of $309 and our net investment in K-C Venezuela was $445, both valued at 6.3 bolivars per U.S. dollar. Net sales of K-C Venezuela represented approximately2 percent of consolidated net sales for the years ended December 31, 2013 and 2012 and approximately 1 percent of consolidated net sales for the year ended December 31, 2011.

Derivative Instruments and Hedging

All derivative instruments are recorded as assets or liabilities on the balance sheet at fair value. Changes in the fair value of derivatives are either recorded in the income statement or other comprehensive income, as appropriate. The gain or loss on derivatives designated as fair value hedges and the offsetting loss or gain on the hedged item attributable to the hedged risk are included in income in the period that changes in fair value occur. The effective portion of the gain or loss on derivatives designated as cash flow hedges is included in other comprehensive income in the period that changes in fair value occur, and is reclassified to income in the same period that the hedged item affects income. The gain or loss on derivatives designated as hedges of investments in foreign subsidiaries is recognized in other comprehensive income to offset the change in value of the net investments being hedged. Any ineffective portion of cash flow hedges and net investment hedges is immediately recognized in income. Certain foreign-currency derivative instruments not designated as hedging instruments have been entered into to manage a portion of our foreign currency transactional exposures. The gain or loss on these derivatives is included in income in the period that changes in their fair values occur. Our policies allow the use of derivatives for risk management purposes and prohibit their use for speculation. Our policies also prohibit the use of any leveraged derivative instrument. Consistent with our policies, foreign currency derivative instruments, interest rate swaps and locks, and the majority of commodity hedging contracts are entered into with major financial institutions. At inception we formally designate certain derivatives as cash flow, fair value or net investment hedges and establish how the effectiveness of these hedges will be assessed and measured. This process links the derivatives to the transactions or financial balances they are hedging. Changes in the fair value of derivatives not designated as hedging instruments are recorded in earnings as they occur. See Note 14 for disclosures about derivative instruments and hedging activities.

New Accounting Standards

In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income ("AOCI"), an amendment to FASB Accounting Standards Codification Topic 220, Comprehensive Income. This update requires disclosure of amounts reclassified out of AOCI by component. In addition, an entity is required to present either on the face of the statement of operations or in the notes, significant amounts reclassified out of AOCI by the respective line items of net income but only if the amount reclassified is required to be reclassified to net income in its entirety in the same reporting period. For amounts not reclassified to net income in their entirety, an entity is required to cross-reference to other disclosures that provide additional detail about those amounts. We adopted ASU No. 2013-02 on January 1, 2013.

37 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Note 2.    Proposed Spin-Off of Health Care Business

In November 2013, we announced that our Board of Directors authorized management to pursue a potential tax-free spin-off of our health care business. A spin-off would create a stand-alone, publicly traded health care company with approximately $1.6 billion in annual net sales, focused on the sale of surgical and infection prevention products for the operating room and other medical supplies, and medical devices focused on pain management, respiratory and digestive health.

Although our current target is to complete the spin-off by the end of the third quarter of 2014, there are no assurances as to when the proposed spin-off will be completed, if at all, or if the spin-off will be completed based on the expected plans.

Note 3.    European Strategic Changes

In 2012, we approved strategic changes related to our Western and Central European consumer and professional businesses to focus our resources and investments on stronger market positions and growth opportunities. We have exited the diaper category in that region, with the exception of the Italian market, and divested or exited some lower-margin businesses, mostly in consumer tissue, in certain markets. The changes primarily affect our consumer businesses, with a modest impact on K-C Professional ("KCP"). The restructuring actions commenced in 2012 and are expected to be completed by December 31, 2014.

Restructuring actions related to the strategic changes involve the sale or closure of five of our European manufacturing facilities and streamlining our administrative organization. The following charges were incurred in connection with the European strategic changes:

	Year Ended December 31
	2013			2012
Asset impairments	$	22		$	147
Charges for workforce reductions	10			77
Asset write-offs	13			10
Incremental depreciation	18			8
Benefit from pension curtailment	(31		)	—
Other exit costs	22			8
Cost of products sold	54			250
Charges for workforce reductions and other exit costs included in marketing, research and general expenses and other (income) and expense, net	27			49
Provision for income taxes	(15		)	(57		)
Net charges	$	66		$	242

The measurement of the charge for asset impairments was based on the excess of the carrying value of the impacted asset groups over their fair values.  These fair values were measured using discounted cash flows, expected over the limited time the assets would remain in use, and as a result, the assets were essentially written off. The use of the discounted cash flows represents a level 3 measure under the fair value hierarchy.

See Note 17 for charges related to the European strategic changes by segment.

The following summarizes the cash charges recorded and reconciles these charges to accrued expenses:

	2013			2012
Accrued expenses - January 1	$	133		$	—
Charges for workforce reductions and other exit costs	69			134
Cash payments	(156		)	(4		)
Currency and other	(9		)	3
Accrued expenses - December 31	$	37		$	133

38 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Note 4.    Pulp and Tissue Restructuring Actions

In 2011 and 2012, we executed pulp and tissue restructuring actions in order to exit our remaining integrated pulp manufacturing operations and improve the underlying profitability and return on invested capital of our consumer tissue and KCP businesses. These actions involved the streamlining, sale or closure ofsevenof our manufacturing facilities around the world. In conjunction with these actions, we exited certain non-strategic products, primarily non-branded offerings, and transferred some production to lower-cost facilities in order to improve overall profitability and returns. The actions were substantially complete at December 31, 2012.

During 2012, charges of $128, $6 and $1 were recorded in cost of products sold, marketing, research and general expenses and other (income) and expense, net, respectively, for the restructuring actions. A related benefit of $49 was recorded in provision for income taxes. On a geographic basis, charges of $97, $35 and $3 were recorded in the United States, Australia and elsewhere, respectively.

During 2011, charges of $407, $6 and $2 were recorded in cost of products sold, marketing, research and general expenses and other (income) and expense, net, respectively, for the restructuring actions. A related benefit of $126 was recorded in provision for income taxes. On a geographic basis, charges of $204, $133 and $78 were recorded in the United States, Australia and elsewhere, respectively.

See Note 17 for charges by segment.

Note 5.    Fair Value Information

The following fair value information is based on a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The three levels in the hierarchy used to measure fair value are:

Level 1—Unadjusted quoted prices in active markets accessible at the reporting date for identical assets and liabilities.

Level 2—Quoted prices for similar assets or liabilities in active markets. Quoted prices for identical or similar assets and liabilities in markets that are not considered active or financial instruments for which all significant inputs are observable, either directly or indirectly.

Level 3—Prices or valuations that require inputs that are significant to the valuation and are unobservable.

A financial instrument's level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.

During 2013 and 2012, there were no significant transfers among level 1, 2 or 3 fair value determinations.

39 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Set forth below are the assets and liabilities that are measured on a recurring basis at fair value and the inputs used to develop those fair value measurements.

	December 31, 2013		Fair Value Measurements
			Level 1		Level 2		Level 3
Assets
Company-owned life insurance ("COLI")	$	55	$	—	$	55	$	—
Available-for-sale securities	22		22		—		—
Derivatives	62		—		62		—
Total	$	139	$	22	$	117	$	—
Liabilities
Derivatives	$	49	$	—	$	49	$	—

	December 31, 2012		Fair Value Measurements
			Level 1		Level 2		Level 3
Assets
COLI	$	49	$	—	$	49	$	—
Available-for-sale securities	17		17		—		—
Derivatives	61		—		61		—
Total	$	127	$	17	$	110	$	—
Liabilities
Derivatives	$	63	$	—	$	63	$	—

The COLI policies are a source of funding primarily for our nonqualified employee benefits and are included in other assets. Available-for-sale securities are included in other assets. See Note 14 for information on the classification of derivatives in the Consolidated Balance Sheet.

Level 1 Fair Values—The fair values of certain available-for-sale securities are based on quoted market prices in active markets for identical assets.

Level 2 Fair Values—The fair value of the COLI policies is derived from investments in a mix of money market, fixed income and equity funds managed by unrelated fund managers. The fair values of derivatives used to manage interest rate risk and commodity price risk are based on LIBOR rates and interest rate swap curves and NYMEX price quotations, respectively. The fair value of hedging instruments used to manage foreign currency risk is based on published quotations of spot currency rates and forward points, which are converted into implied forward currency rates. Additional information on our use of derivative instruments is contained in Note 14.

40 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

The following table includes the fair value of our financial instruments for which disclosure of fair value is required:

	Fair Value Hierarchy Level	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
		December 31, 2013				December 31, 2012
Assets
Cash and cash equivalents(a)	1	$	1,054	$	1,054	$	1,106	$	1,106
Time deposits(b)	1	222		222		224		224
Note receivable(c)	3	16		16		395		392
Liabilities and redeemable securities of subsidiaries
Short-term debt(d)	2	63		63		359		359
Monetization loan(c)	3	—		—		397		400
Long-term debt(e)	2	5,698		6,271		5,429		6,527
Redeemable preferred securities of subsidiaries(c)	3	532		552		506		543
Redeemable common securities of subsidiary(f)	3	46		46		43		43

(a) Cash equivalents are composed of certificates of deposit, time deposits and other interest-bearing investments with original maturity dates of 90 days or less. Cash equivalents are recorded at cost, which approximates fair value.

(b) Time deposits are comprised of deposits with original maturities of more than 90 days but less than one year and instruments with original maturities of greater than one year, included in other current assets or other assets in the Consolidated Balance Sheet, as appropriate. Time deposits are recorded at cost, which approximates fair value.

(c) The note, monetization loan and redeemable preferred securities of subsidiaries are not traded in active markets. Accordingly, their fair values were calculated using a floating rate pricing model that compared the stated spread to the fair value spread to determine the price at which each of the financial instruments should trade. The model used the following inputs to calculate fair values: face value, current LIBOR rate, unobservable fair value credit spread, stated spread, maturity date and interest or dividend payment dates. See Note 8 for additional information.

(d) Short-term debt is comprised of U.S. commercial paper and/or other similar short-term debt issued by non-U.S. subsidiaries, all of which are recorded at cost, which approximates fair value.

(e) Long-term debt includes the current portion of these debt instruments and excludes the monetization loan. Fair values were estimated based on quoted prices for financial instruments for which all significant inputs were observable, either directly or indirectly.

(f) The fair value of the redeemable common securities of subsidiary was based on various inputs, including an independent third-party appraisal, adjusted for current market conditions.

Note 6.    Acquisitions and Intangible Assets

The changes in the carrying amount of goodwill by business segment are as follows:

	Personal Care			Consumer Tissue			K-C Professional			Health Care			Total
Balance at December 31, 2011	$	769		$	694		$	443		$	1,434		$	3,340
Currency and other	(5		)	1			(1		)	2			(3		)
Balance at December 31, 2012	764			695			442			1,436			3,337
Acquisitions	6			—			—			3			9
Currency and other	(86		)	(54		)	(18		)	(7		)	(165		)
Balance at December 31, 2013	$	684		$	641		$	424		$	1,432		$	3,181

41 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

At December 31, 2013 and 2012, we had intangible assets with indefinite useful lives of $7 and $11, respectively, related to acquired in-process research and development. Intangible assets subject to amortization consist of the following at December 31:

	2013				2012
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trademarks	$	252	$	163	$	253	$	156
Patents and developed technologies	201		85		158		64
Other	93		62		105		61
Total	$	546	$	310	$	516	$	281

Amortization expense for intangible assets was $39 in 2013, $29 in 2012 and $24 in 2011. Amortization expense is estimated to be $42 in 2014, $34 in 2015, $28 in 2016, $23 in 2017 and $19 in 2018.

Note 7.    Debt

Long-term debt is comprised of the following:

	Weighted- Average Interest Rate	Maturities	December 31
			2013		2012
Notes and debentures	5.2%	2014 - 2043	$	5,163	$	4,857
Dealer remarketable securities	4.2%	2014 - 2016	200		200
Industrial development revenue bonds	0.2%	2015 - 2034	261		261
Bank loans and other financings in various currencies	5.6%	2014 - 2025	74		508
Total long-term debt			5,698		5,826
Less current portion			312		756
Long-term portion			$	5,386	$	5,070

Scheduled maturities of long-term debt for the next five years are $312 in 2014, $353 in 2015, $302 in 2016, $962 in 2017 and $902 in 2018.

In May 2013, we issued $250 aggregate principal amount of floating rate notes due May 15, 2016, $350 aggregate principal amount of 2.4% notes due June 1, 2023, and $250 aggregate principal amount of 3.7% notes due June 1, 2043. Proceeds from the offering were used to repay our $500 aggregate principal amount of 5.0% notes due August 15, 2013, to fund investment in our business and for general corporate purposes.

In 2012, we issued $300 aggregate principal amount of 2.4% notes due March 1, 2022.  Proceeds from the offering were used for general corporate purposes, including to repay a portion of our $400 aggregate principal amount of 5.625% notes that were due February 15, 2012.

In 2011, we issued $250 aggregate principal amount of 3.875% notes due March 1, 2021 and $450 aggregate principal amount of 5.3% notes due March 1, 2041. Proceeds from the offering were used for general corporate purposes, including purchasing shares of company common stock pursuant to publicly announced share repurchase programs.

In 2006, we issued $200 of dealer remarketable securities that have a final maturity in 2016. The remarketing provisions of these debt instruments require that each year the securities either be remarketed by the dealer or repaid. In both 2012 and 2013, the dealer exercised its option to remarket the securities for another year, and remarketed the securities to third parties.

We maintain a $1.5 billion revolving credit facility, scheduled to expire in October 2016, as well as the option to increase this facility by an additional $500.  This facility, currently unused, supports our commercial paper program and would provide liquidity in the event our access to the commercial paper market is unavailable for any reason.

42 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Note 8.    Redeemable Preferred and Common Securities of Subsidiaries

Monetization Financing Entity

Prior to December 2013, we had a minority voting interest in a financing entity used to monetize a note receivable received from the sale of nonstrategic timberlands and related assets to a nonaffiliated buyer. We were the primary beneficiary of the entity and, accordingly, consolidated the entity in our Consolidated Financial Statements. The note receivable has a face value of $397 and is backed by an irrevocable standby letter of credit issued by a money center bank. The note receivable matures on September 30, 2014 and earns interest at LIBOR plus 75 bps. The note receivable and other assets were transferred to the financing entity in 1999. A nonaffiliated financial institution made a substantive capital investment in the financing entity and had majority voting control over it. The nonaffiliated financial institution also made a monetization loan of $397 to us, which was assumed by the financing entity at the time the note receivable was transferred to the financing entity. The monetization loan was secured by the note receivable and intercompany financial instruments, which served as secondary collateral for the monetization loan. The monetization loan had a maturity date of January 31, 2014, and had an interest rate of LIBOR plus 150 bps.

In December 2013, the financing entity was restructured and its assets were divided. The restructuring resulted in the financial institution acquiring ownership rights to most of the note receivable and assuming the monetization loan of $397. In addition, as part of the restructuring, the financial institution acquired $26 face value of redeemable preferred securities issued by one of our subsidiaries, recorded at their transfer-date fair value. Under the restructuring, we became the owners of any assets that were previously part of the financing entity that are not owned by the financial institution. Net cash payments to restructure the financing entity and divide its assets totaled $24 in 2013, which was included in other in cash used for financing in the Consolidated Cash Flow Statement.

In addition, on July 7, 2011, we collected the face value of a note receivable of $220 in cash held by another financing entity in which we acquired the voting equity interest of the nonaffiliated financial institution and its monetization loan rights in November 2009.

Luxembourg-Based Financing Subsidiary

In February 2001, we, together with a non-affiliated third party entity (the "Third Party"), formed a Luxembourg-based financing subsidiary. We are the primary beneficiary of the subsidiary and, accordingly, consolidate the subsidiary in our Consolidated Financial Statements.

Prior to December 2011, the Third Party had investments in two classes of voting-preferred securities issued by the subsidiary (the "Preferred Securities"). The two classes of Preferred Securities, Class A-1 and Class A-2, had a par value of $500 each for an aggregate of $1 billion. The Class A-1 and Class A-2 Preferred Securities accrue a fixed annual rate of return of 5.074 percent and 5.417 percent, respectively, which is paid on a quarterly basis. In December 2011, the subsidiary redeemed the Class A-1 Preferred Securities. The Class A-2 Preferred Securities are redeemable in December 2014. At December 31, 2013, the Preferred Securities represent 96 percent of the voting power of the subsidiary.

In December 2013, the subsidiary elected to redeem the Class A-2 Preferred Securities in December 2014. As a result, the $500 redemption value of the Class A-2 Preferred Securities is included in current liabilities as of December 31, 2013 in our Consolidated Balance Sheet. The subsidiary also has issued voting-preferred and common securities to Kimberly-Clark for total cash proceeds of $500. These securities are entitled to a combined four percent vote, and the common securities are entitled to all of the residual equity after satisfaction of the preferred interests.

Approximately 98 percent of the total cash contributed to the entity has been loaned to Kimberly-Clark. These long-term loans bear fixed annual interest rates. The funds remaining in the financing subsidiary are primarily invested in equity-based exchange-traded funds. The preferred and common securities of the subsidiary held by Kimberly-Clark and the intercompany loans have been eliminated in our Consolidated Financial Statements. The return on the Preferred Securities was $27, $27 and $52 in 2013, 2012 and 2011, respectively, which is included in net income attributable to noncontrolling interests in our Consolidated Income Statement.

Neither the Third Party nor creditors of the subsidiary have recourse to our general credit. If our credit ratings are downgraded below BBB- or Baa3, then the loans become payable to the financing subsidiary to the extent necessary to enable the financing subsidiary to pay the redemption value. Our credit ratings are above this level as of February 14, 2014, and we do not anticipate they will be downgraded below this level prior to the redemption in December 2014.

43 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Common Securities of Subsidiary

In addition, our subsidiary in Central America has outstanding redeemable common securities that are held by a noncontrolling interest.

Note 9.    Stock-Based Compensation

We have a stock-based Equity Participation Plan and an Outside Directors' Compensation Plan (the "Plans"), under which we can grant stock options, restricted shares and restricted share units to employees and outside directors. As of December 31, 2013, the number of shares of common stock available for grants under the Plans aggregated 21.3 million shares.

Stock options are granted at an exercise price equal to the fair market value of our common stock on the date of grant, and they have a term of 10 years. Stock options are subject to graded vesting whereby options vest 30 percent at the end of each of the first two 12-month periods following the grant and 40 percent at the end of the third 12-month period.

Restricted shares, time-vested restricted share units and performance-based restricted share units granted to employees are valued at the closing market price of our common stock on the grant date and vest generally at the end of three years. The number of performance-based share units that ultimately vest ranges from zero to 200 percent of the number granted, based on performance tied to return on invested capital ("ROIC") and net sales during the three-year performance period. ROIC and net sales targets are set at the beginning of the performance period. Restricted share units granted to outside directors are valued at the closing market price of our common stock on the grant date and vest when they are granted. The restricted period begins on the date of grant and expires on the date the outside director retires from or otherwise terminates service on our Board.

At the time stock options are exercised or restricted shares and restricted share units become payable, common stock is issued from our accumulated treasury shares. Dividend equivalents are credited on restricted share units on the same date and at the same rate as dividends are paid on Kimberly-Clark's common stock. These dividend equivalents, net of estimated forfeitures, are charged to retained earnings.

Stock-based compensation costs of $92, $67 and $48 and related deferred income tax benefits of $35, $20 and $15 were recognized for 2013, 2012 and 2011, respectively.

The fair value of stock option awards was determined using a Black-Scholes-Merton option-pricing model utilizing a range of assumptions related to dividend yield, volatility, risk-free interest rate, and employee exercise behavior. Dividend yield is based on historical experience and expected future dividend actions. Expected volatility is based on a blend of historical volatility and implied volatility from traded options on Kimberly-Clark's common stock. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant. We estimate forfeitures based on historical data.

The weighted-average fair value of options granted was estimated at $7.15, $3.25 and $2.98, in 2013, 2012 and 2011, respectively, per option on the date of grant based on the following assumptions:

	Year Ended December 31
	2013		2012		2011
Dividend yield	3.70	%	4.50	%	5.00	%
Volatility	15.40	%	12.86	%	12.54	%
Risk-free interest rate	0.87	%	1.08	%	2.26	%
Expected life—years	5.1		5.8		6.3

44 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Total remaining unrecognized compensation costs and amortization period are as follows:

	December 31, 2013		Weighted- Average Service Years
Nonvested stock options	$	8	1.0
Restricted shares and time-vested restricted share units	9		1.3
Nonvested performance-based restricted share units	58		1.4

Excess tax benefits, resulting from tax deductions in excess of the compensation cost recognized, aggregating $50, $50 and $15 were classified as other cash inflows under Financing Activities in the Consolidated Cash Flow Statement for the years ended December 31, 2013, 2012 and 2011, respectively.

A summary of stock-based compensation under the Plans is presented below:

Stock Options	Shares (in thousands)		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at January 1, 2013	9,268		$	65.38
Granted	1,851		103.29
Exercised	(3,661	)	63.13
Forfeited or expired	(235	)	79.80
Outstanding at December 31, 2013	7,223		75.77		6.6	$	207
Exercisable at December 31, 2013	3,727		63.75		4.7	$	152

The following summarizes the effect of the exercises of stock options:

	Year Ended December 31
	2013		2012		2011
Cash received	$	232	$	565	$	435
Income tax benefit received	44		49		13
Intrinsic value	138		161		69

	Time-Vested Restricted Share Units				Performance-Based Restricted Share Units
Other Stock-Based Awards	Shares (in thousands)		Weighted- Average Grant-Date Fair Value		Shares (in thousands)		Weighted- Average Grant-Date Fair Value
Nonvested at January 1, 2013	324		$	75.24	2,187		$	67.41
Granted	75		89.29		713		100.42
Vested	(117	)	70.39		(294	)	62.72
Forfeited	(25	)	76.52		(523	)	64.75
Nonvested at December 31, 2013	257		81.38		2,083		79.98

The total fair value of restricted shares and restricted share units that were distributed to participants during 2013, 2012 and 2011 was $45, $101 and $28, respectively.

45 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Note 10.    Employee Postretirement Benefits

Pension Plans

Substantially all regular employees in North America and the United Kingdom are covered by defined benefit pension plans (the "Principal Plans") and/or defined contribution retirement plans. Certain other subsidiaries have defined benefit pension plans or, in certain countries, termination pay plans covering substantially all regular employees. The funding policy for our qualified defined benefit pension plans is to contribute assets at least equal in amount to regulatory minimum requirements. Nonqualified U.S. plans providing pension benefits in excess of limitations imposed by the U.S. income tax code are not funded.

Other Postretirement Benefit Plans

Substantially all U.S. retirees and employees have access to our unfunded healthcare and life insurance benefit plans. The annual increase in the consolidated weighted-average healthcare cost trend rate is expected to be 6.2 percent in 2014 and to decline to 5.0 percent in 2022 and thereafter. Assumed healthcare cost trend rates affect the amounts reported for postretirement healthcare benefit plans. A one-percentage-point change in assumed healthcare trend rates would not have a significant effect.

Summarized financial information about postretirement plans, excluding defined contribution retirement plans, is presented below:

	Pension Benefits						Other Benefits
	Year Ended December 31
	2013			2012			2013			2012
Change in Benefit Obligation
Benefit obligation at beginning of year	$	6,590		$	5,920		$	824		$	788
Service cost	53			45			17			15
Interest cost	257			279			32			36
Actuarial loss (gain)	(422		)	854			(60		)	37
Currency and other	47			79			—			3
Benefit payments from plans	(343		)	(478		)	—			—
Direct benefit payments	(13		)	(14		)	(52		)	(55		)
Curtailment and settlements	(5		)	(95		)	—			—
Benefit obligation at end of year	6,164			6,590			761			824
Change in Plan Assets
Fair value of plan assets at beginning of year	5,375			5,214			—			—
Actual return on plan assets	268			556			—			—
Employer contributions	220			110			—			—
Currency and other	47			60			—			—
Benefit payments	(343		)	(478		)	—			—
Settlements	—			(87		)	—			—
Fair value of plan assets at end of year	5,567			5,375			—			—
Funded Status	$	(597	)	$	(1,215	)	$	(761	)	$	(824	)
Amounts Recognized in the Balance Sheet
Noncurrent asset—prepaid benefit cost	$	9		$	8		$	—		$	—
Current liability—accrued benefit cost	(12		)	(12		)	(56		)	(56		)
Noncurrent liability—accrued benefit cost	(594		)	(1,211		)	(705		)	(768		)
Net amount recognized	$	(597	)	$	(1,215	)	$	(761	)	$	(824	)

During 2012, we offered a lump-sum distribution to certain participants in our U.S. plan. Included in pension benefit payments from plans in 2012 is $116 related to participants electing the lump-sum option, which was not sufficient to trigger a settlement charge for our U.S. plan.

46 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Information for the Principal Plans and All Other Pension Plans

	Principal Plans				All Other Pension Plans				Total
	Year Ended December 31
	2013		2012		2013		2012		2013		2012
Projected benefit obligation (“PBO”)	$	5,640	$	6,071	$	524	$	519	$	6,164	$	6,590
Accumulated benefit obligation (“ABO”)	5,555		6,049		439		420		5,994		6,469
Fair value of plan assets	5,205		5,063		362		312		5,567		5,375

The PBO and fair value of plan assets for the Principal Plans include $3,866 and $3,565, respectively, related to the U.S. qualified and nonqualified pension plans as of December 31, 2013. The PBO and fair value of plan assets for the Principal Plans include $4,375 and $3,553, respectively, related to the U.S. qualified and nonqualified pension plans as of December 31, 2012.

Information for Pension Plans with an ABO in Excess of Plan Assets

	December 31
	2013		2012
PBO	$	5,722	$	6,558
ABO	5,622		6,440
Fair value of plan assets	5,163		5,335

Components of Net Periodic Benefit Cost

	Pension Benefits									Other Benefits
	Year Ended December 31
	2013			2012			2011			2013			2012			2011
Service cost	$	53		$	45		$	57		$	17		$	15		$	14
Interest cost	257			279			307			32			36			41
Expected return on plan assets(a)	(331		)	(329		)	(345		)	—			—			—
Recognized net actuarial loss	120			111			94			3			1			—
Curtailment and settlements	(31		)	20			—			—			—			—
Other	1			(4		)	6			(2		)	(1		)	1
Net periodic benefit cost	$	69		$	122		$	119		$	50		$	51		$	56

^(a)  The expected return on plan assets is determined by multiplying the fair value of plan assets at the remeasurement date, typically the prior year-end, and adjusted for estimated current year cash benefit payments and contributions, by the expected long-term rate of return.

Weighted-Average Assumptions Used to Determine Net Cost for Years Ended December 31

	Pension Benefits						Other Benefits
	2013		2012		2011		2013		2012		2011
Discount rate	4.04	%	4.87	%	5.51	%	3.97	%	4.70	%	5.44	%
Expected long-term return on plan assets	6.26	%	6.49	%	7.14	%	—		—		—
Rate of compensation increase	2.73	%	2.91	%	4.05	%	—		—		—

47 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Weighted-Average Assumptions Used to Determine Benefit Obligations at December 31

	Pension Benefits				Other Benefits
	2013		2012		2013		2012
Discount rate	4.66	%	4.04	%	4.97	%	3.97	%
Rate of compensation increase	2.67	%	2.73	%	—		—

Investment Strategies for the Principal Plans

Strategic asset allocation decisions are made considering several risk factors, including plan participants' retirement benefit security, the estimated payments of the associated liabilities, the plan funded status, and Kimberly-Clark's financial condition. The resulting strategic asset allocation is a diversified blend of equity and fixed income investments. Equity investments are typically diversified across geographies and market capitalization. Fixed income investments are diversified across multiple sectors including government issues and corporate debt instruments with a portfolio duration that is consistent with the estimated payment of the associated liability. Actual asset allocation is regularly reviewed and periodically rebalanced to the strategic allocation when considered appropriate. Our 2014 target plan asset allocation for the Principal Plans is 70 percent fixed income securities and 30 percent equity securities.

The expected long-term rate of return is evaluated on an annual basis. In setting this assumption, we consider a number of factors including projected future returns by asset class relative to the current asset allocation. The weighted-average expected long-term rate of return on pension fund assets used to calculate pension expense for the Principal Plans was 6.43 percent in 2013 compared with 6.68 percent in 2012 and will be 6.16 percent in 2014.

Set forth below are the pension plan assets of the Principal Plans measured at fair value, by level in the fair-value hierarchy:

	Fair Value Measurements at December 31, 2013
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and Cash Equivalents
Held directly	$	33	$	33	$	—	$	—
Held through mutual and pooled funds	173		34		139		—
Fixed Income
Held directly
U.S. government and municipals	211		71		140		—
U.S. corporate debt	1,654		—		1,654		—
U.S. securitized fixed income	8		—		8		—
Held through mutual and pooled funds
U.S. corporate debt	186		—		186		—
International bonds	1,089		—		1,089		—
Multi-sector	2		2		—		—
Equity
Held directly
U.S. equity	1		1		—		—
Held through mutual and pooled funds
U.S. equity	4		4		—		—
Non-U.S. equity	123		1		122		—
Global equity	1,691		—		1,691		—
Insurance Contract	30		—		—		30
Total Plan Assets	$	5,205	$	146	$	5,029	$	30

48 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

	Fair Value Measurements at December 31, 2012
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and Cash Equivalents
Held directly	$	23	$	23	$	—	$	—
Held through mutual and pooled funds	143		—		143		—
Fixed Income
Held directly
U.S. government and municipals	132		31		101		—
U.S. corporate debt	1,112		—		1,112		—
U.S. securitized fixed income	3		—		3		—
Held through mutual and pooled funds
U.S. government and municipals	490		—		490		—
U.S. corporate debt	199		—		199		—
International bonds	920		—		920		—
Multi-sector	2		2		—		—
Equity
Held directly
International equity	143		143		—		—
Held through mutual and pooled funds
U.S. equity	678		3		675		—
Non-U.S. equity	925		1		924		—
Global equity	293		—		293		—
Total Plan Assets	$	5,063	$	203	$	4,860	$	—

During 2013 and 2012, the plan assets did not include a significant amount of Kimberly-Clark common stock.

Inputs and valuation techniques used to measure the fair value of plan assets vary according to the type of security being valued. Substantially all of the equity securities held directly by the plans are actively traded and fair values are determined based on quoted market prices. Fair values of U.S. Treasury securities are determined based on trading activity in the marketplace.

Fair values of U.S. corporate debt, U.S. securitized fixed income and international bonds are typically determined by reference to the values of similar securities traded in the marketplace and current interest rate levels. Multiple pricing services are typically employed to assist in determining these valuations.

Fair values of equity securities and fixed income securities held through units of pooled funds are based on net asset value (NAV) of the units of the pooled fund determined by the fund manager. Pooled funds are similar in nature to retail mutual funds, but are typically more efficient for institutional investors than retail mutual funds. The fair value of pooled funds is determined by the value of the underlying assets held by the fund and the units outstanding. The value of the pooled fund is not directly observable, but is based on observable inputs.

Equity securities held directly by the pension trusts and those held through units in pooled funds are monitored as to issuer and industry. Except for U.S. Treasuries, concentrations of fixed income securities are similarly monitored for concentrations by issuer and industry. As of December 31, 2013, there were no significant concentrations of equity or debt securities in any single issuer or industry.

The insurance contract was purchased in December 2013, and fair value was determined based on an evaluation of various factors, including purchase price. No other level 3 transfers (in or out) were made in 2013 and 2012.

49 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Cash Flows

We expect to contribute $100 to $200 to our defined benefit pension plans in 2014.

Estimated Future Benefit Payments

Over the next ten years, we expect that the following gross benefit payments will occur:

	Pension Benefits		Other Benefits
2014	$	369	$	57
2015	374		59
2016	374		60
2017	382		61
2018	386		63
2019-2023	2,005		326

Defined Contribution Pension Plans

Our 401(k) profit sharing plan and supplemental plan provide for a matching contribution of a U.S. employee's contributions and accruals, subject to predetermined limits, as well as a discretionary profit sharing contribution, in which contributions will be based on our profit performance. We also have defined contribution pension plans for certain employees outside the U.S.

Costs charged to expense for our defined contribution pension plans were as follows:

	2013		2012		2011
U.S.	$	90	$	82	$	77
Outside the U.S.	27		26		36
Total	$	117	$	108	$	113

Note 11.    Accumulated Other Comprehensive Income

The changes in the components of AOCI attributable to Kimberly-Clark, net of tax, are as follows:

	Unrealized Translation			Defined Benefit Pension Plans				Other Postretirement Benefit Plans				Cash Flow Hedges and Other
Balance as of December 31, 2011	$	(221	)	$	(1,578	)		$	(31	)		$	(36	)
Other comprehensive income (loss) before reclassifications	195			(407		)		(20		)		(13		)
(Income) loss reclassified from AOCI	—			57			(a)	(2		)	(a)	(3		)
Net current period other comprehensive income (loss)	195			(350		)		(22		)		(16		)
Balance as of December 31, 2012	(26		)	(1,928		)		(53		)		(52		)
Other comprehensive income (loss) before reclassifications	(499		)	218				36				24
(Income) loss reclassified from AOCI	—			42			(a)	2			(a)	(6		)
Net current period other comprehensive income (loss)	(499		)	260				38				18
Balance as of December 31, 2013	$	(525	)	$	(1,668	)		$	(15	)		$	(34	)

(a) Included in computation of net periodic pension and postretirement benefits costs (see Note 10)

Included in the defined benefit pension plans and other postretirement benefit plans balances as of December 31, 2013 is $1,717 and $35 of unrecognized net actuarial loss and unrecognized prior service cost/credit, respectively, of which $98 and $3, respectively, are expected to be recognized as a component of net periodic benefit cost in 2014.

50 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

The changes in the components of AOCI attributable to Kimberly-Clark, including the tax effect, are as follows:

	Year Ended December 31
	2013			2012			2011
Unrealized translation	$	(495	)	$	204		$	(243	)
Tax effect	(4		)	(9		)	7
	(499		)	195			(236		)
Defined benefit pension plans
Unrecognized net actuarial loss and transition amount
Funded status recognition	356			(588		)	(396		)
Amortization included in net periodic benefit cost	120			90			94
Currency and other	(8		)	(20		)	(2		)
	468			(518		)	(304		)
Unrecognized prior service cost/credit
Funded status recognition	—			—			74
Amortization included in net periodic benefit cost	(31		)	—			3
Currency and other	(1		)	3			(4		)
	(32		)	3			73
Tax effect	(176		)	165			99
	260			(350		)	(132		)
Other postretirement benefit plans
Unrecognized net actuarial loss and transition amount
Funded status recognition	62			(31		)	(31		)
Amortization included in net periodic benefit cost	3			(1		)	—
	65			(32		)	(31		)
Unrecognized prior service cost/credit
Funded status recognition	(3		)	—			31
Amortization included in net periodic benefit cost	—			(2		)	1
	(3		)	(2		)	32
Tax effect	(24		)	12			(2		)
	38			(22		)	(1		)
Cash flow hedges and other
Recognition of effective portion of hedges	37			(20		)	(81		)
Amortization included in net income	(10		)	—			39
Currency and other	4			(1		)	(13		)
	31			(21		)	(55		)
Tax effect	(13		)	5			24
	18			(16		)	(31		)
Change in AOCI	$	(183	)	$	(193	)	$	(400	)

Amounts are reclassified from AOCI into cost of products sold, marketing, research and general expenses, interest expense or other (income) and expense, net, as applicable, in the Consolidated Income Statement.

Net unrealized currency gains or losses resulting from the translation of assets and liabilities of foreign subsidiaries, except those in highly inflationary economies, are recorded in AOCI. For these operations, changes in exchange rates generally do not affect cash flows; therefore, unrealized translation adjustments are recorded in AOCI rather than net income. Upon sale or substantially

51 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

complete liquidation of any of these subsidiaries, the applicable unrealized translation adjustment would be removed from AOCI and reported as part of the gain or loss on the sale or liquidation. The change in unrealized translation in 2013 is primarily due to the strengthening of the U.S. dollar versus the Australian dollar and Brazilian real, as well as most other foreign currencies. Also included in unrealized translation amounts are the effects of foreign exchange rate changes on intercompany balances of a long-term investment nature and transactions designated as hedges of net foreign investments.

Note 12.    Leases and Commitments

We have entered into operating leases for certain warehouse facilities, automobiles and equipment. The future minimum obligations under operating leases having a noncancelable term in excess of one year are as follows:

	Year Ending December 31
2014	$	189
2015	155
2016	124
2017	113
2018	76
Thereafter	107
Future minimum obligations	$	764

Consolidated rental expense under operating leases was $333, $283 and $278 in 2013, 2012 and 2011, respectively.

We have entered into long-term contracts for the purchase of pulp and utilities, principally electricity. Commitments under these contracts based on current prices are $481 in 2014, $259 in 2015, $189 in 2016, $173 in 2017 and $177 in 2018. Total commitments beyond the year 2018 are $334.

Although we are primarily liable for payments on the above-mentioned leases and purchase commitments, our exposure to losses, if any, under these arrangements is not material.

Note 13.    Legal Matters

We are subject to various legal proceedings, claims and governmental inquiries, inspections, audits or investigations pertaining to issues such as contract disputes, product liability, tax matters, patents and trademarks, advertising, pricing, business practices, governmental regulations, employment and other matters. Although the results of litigation and claims cannot be predicted with certainty, we believe that the ultimate disposition of these matters, to the extent not previously provided for, will not have a material adverse effect, individually or in the aggregate, on our business, financial condition, results of operations or liquidity.

We are subject to federal, state and local environmental protection laws and regulations with respect to our business operations and are operating in compliance with, or taking action aimed at ensuring compliance with, these laws and regulations. We have been named a potentially responsible party under the provisions of the U.S. federal Comprehensive Environmental Response, Compensation and Liability Act, or analogous state statutes, at a number of sites where hazardous substances are present. None of our compliance obligations with environmental protection laws and regulations, individually or in the aggregate, is expected to have a material adverse effect on our business, financial condition, results of operations or liquidity.

Note 14.    Objectives and Strategies for Using Derivatives

As a multinational enterprise, we are exposed to financial risks, such as changes in foreign currency exchange rates, interest rates, and commodity prices. We employ a number of practices to manage these risks, including operating and financing activities and, where appropriate, the use of derivative instruments. We enter into derivative instruments to hedge a portion of forecasted cash flows denominated in foreign currencies for non-U.S. operations' purchases of raw materials, which are priced in U.S. dollars, and imports of intercompany finished goods and work-in-process priced predominantly in U.S. dollars and euros. The derivative instruments used to manage these exposures are designated and qualify as cash flow hedges. The foreign currency exposure on

52 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

certain non-functional currency denominated monetary assets and liabilities, primarily intercompany loans and accounts payable, is hedged with primarily undesignated derivative instruments. Interest rate risk is managed using a portfolio of variable- and fixed-rate debt composed of short- and long-term instruments. Interest rate swap contracts may be used to facilitate the maintenance of the desired ratio of variable- and fixed-rate debt and are designated and qualify as fair value hedges. From time to time, we also hedge the anticipated issuance of fixed-rate debt, using forward-starting swaps, and these contracts are designated as cash flow hedges. We use derivative instruments, such as forward swap contracts, to hedge a limited portion of our exposure to market risk arising from changes in prices of certain commodities. These derivatives are designated as cash flow hedges of specific quantities of the underlying commodity expected to be purchased in future months. Translation adjustments result from translating foreign entities' financial statements into U.S. dollars from their functional currencies. The risk to any particular entity's net assets is reduced to the extent that the entity is financed with local currency borrowing. Translation exposure, which results from changes in translation rates between functional currencies and the U.S. dollar, generally is not hedged.

Set forth below is a summary of the total designated and undesignated fair values of our derivative instruments:

	Assets				Liabilities
	2013		2012		2013		2012
Foreign currency exchange contracts	$	34	$	52	$	49	$	17
Interest rate contracts	22		7		—		43
Commodity price contracts	6		2		—		3
Total	$	62	$	61	$	49	$	63

The derivative assets are included in the Consolidated Balance Sheet in other current assets and other assets, as appropriate. The derivative liabilities are included in the Consolidated Balance Sheet in accrued expenses and other liabilities, as appropriate.

Effect of Derivative Instruments on Results of Operations and Other Comprehensive Income

Derivative instruments that are designated and qualify as fair value hedges are predominantly used to manage interest rate risk. The fair values of these derivative instruments are recorded as an asset or liability, as appropriate, with the offset recorded in current earnings. The offset to the change in fair values of the related hedged items also is recorded in current earnings. Any realized gain or loss on the derivatives that hedge interest rate risk is amortized to interest expense over the life of the related debt. At December 31, 2013, the aggregate notional values of outstanding interest rate contracts designated as fair value hedges were $250. Fair value hedges resulted in no significant ineffectiveness in each of the three years ended December 31, 2013. For each of the three years ended December 31, 2013, gains or losses recognized in interest expense for interest rates swaps were not significant. For each of the three years ended December 31, 2013, no gain or loss was recognized in earnings as a result of a hedged firm commitment no longer qualifying as a fair value hedge.

For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative instrument is initially recorded in AOCI, net of related income taxes, and recognized in earnings in the same period that the hedged exposure affects earnings. As of December 31, 2013, outstanding commodity forward contracts were in place to hedge a limited portion of our estimated requirements of the related underlying commodities in 2014 and future periods. As of December 31, 2013, the aggregate notional values of outstanding foreign exchange and interest rate derivative contracts designated as cash flow hedges were $1 billion and $200, respectively. Cash flow hedges resulted in no significant ineffectiveness in each of the three years ended December 31, 2013. For each of the three years ended December 31, 2013, no gains or losses were reclassified into earnings as a result of the discontinuance of cash flow hedges due to the original forecasted transaction no longer being probable of occurring. At December 31, 2013, amounts to be reclassified from AOCI during the next twelve months are not expected to be material. The maximum maturity of cash flow hedges in place at December 31, 2013 is January 2016.

Gains or losses on undesignated foreign exchange hedging instruments are immediately recognized in other (income) and expense, net. Losses of $75 and gains of $67 and $3 were recorded in the years ending December 31, 2013, 2012 and 2011, respectively. The effect on earnings from the use of these non-designated derivatives is substantially neutralized by the transactional gains and losses recorded on the underlying assets and liabilities. At December 31, 2013, the notional amount of these undesignated derivative instruments was $2.4 billion.

53 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Note 15.    Income Taxes

An analysis of the provision for income taxes follows:

	Year Ended December 31
	2013		2012			2011
Current income taxes
United States	$	350	$	182		$	43
State	110		30			32
Other countries	318		332			311
Total	778		544			386
Deferred income taxes
United States	85		204			254
State	14		34			29
Other countries	52		(14		)	(9		)
Total	151		224			274
Total provision for income taxes	$	929	$	768		$	660

Income before income taxes is earned in the following tax jurisdictions:

	Year Ended December 31
	2013		2012		2011
United States	$	1,764	$	1,415	$	1,317
Other countries	1,181		1,005		866
Total income before income taxes	$	2,945	$	2,420	$	2,183

54 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Deferred income tax assets and liabilities are composed of the following:

	December 31
	2013			2012
Deferred tax assets
Pension and other postretirement benefits	$	728		$	972
Tax credits and loss carryforwards	604			729
Property, plant and equipment, net	104			110
Other	516			492
	1,952			2,303
Valuation allowance	(197		)	(215		)
Total deferred assets	1,755			2,088
Deferred tax liabilities
Pension and other postretirement benefits	259			269
Property, plant and equipment, net	1,244			1,228
Installment sales	6			120
Investments in subsidiaries	205			108
Other	390			385
Total deferred tax liabilities	2,104			2,110
Net deferred tax assets (liabilities)	$	(349	)	$	(22	)

Valuation allowances at the end of 2013 primarily relate to tax credits and income tax loss carryforwards of $1.0 billion. If these items are not utilized against taxable income, $368 of the loss carryforwards will expire from 2014 through 2031. The remaining $654 have no expiration date.

Realization of income tax loss carryforwards is dependent on generating sufficient taxable income prior to expiration of these carryforwards. Although realization is not assured, we believe it is more likely than not that all of the deferred tax assets, net of applicable valuation allowances, will be realized. The amount of the deferred tax assets considered realizable could be reduced or increased due to changes in the tax environment or if estimates of future taxable income change during the carryforward period.

Presented below is a reconciliation of the income tax provision computed at the U.S. federal statutory tax rate to the actual effective tax rate:

	Year Ended December 31
	2013		2012		2011
U.S. statutory rate applied to income before income taxes	35.0	%	35.0	%	35.0	%
Rate of state income taxes, net of federal tax benefit	2.7		1.7		1.8
Statutory rates other than U.S. statutory rate	(2.9	)	(2.8	)	(2.3	)
Other - net(a)	(3.3	)	(2.2	)	(4.3	)
Effective income tax rate	31.5	%	31.7	%	30.2	%

(a) Other - net is comprised of numerous items, none of which is greater than 1.75 percent of income before income taxes.

At December 31, 2013, U.S. income taxes and foreign withholding taxes have not been provided on $9.8 billion of unremitted earnings of subsidiaries operating outside the U.S. These earnings, which are considered to be invested indefinitely, would become subject to income tax if they were remitted as dividends, were lent to one of our U.S. entities, or if we were to sell our stock in the subsidiaries. Determination of the amount of unrecognized deferred U.S. income tax liability on these unremitted earnings is not practicable because of the complexities associated with this hypothetical calculation. We do not expect restrictions or taxes on

55 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

repatriation of cash held outside of the United States to have a material effect on our overall liquidity, financial condition or results of operations in the foreseeable future.

Presented below is a reconciliation of the beginning and ending amounts of unrecognized income tax benefits:

	2013			2012			2011
Balance at January 1	$	435		$	558		$	568
Gross increases for tax positions of prior years	73			30			17
Gross decreases for tax positions of prior years	(31		)	(104		)	(60		)
Gross increases for tax positions of the current year	37			52			55
Settlements	(35		)	(100		)	(15		)
Other	(6		)	(1		)	(7		)
Balance at December 31	$	473		$	435		$	558

Of the amounts recorded as unrecognized tax benefits at December 31, 2013, $309 would reduce our effective tax rate if recognized.

We recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense. During the years ended December 31, 2013, 2012 and 2011, the net cost in interest and penalties was not significant. Total accrued penalties and net accrued interest was $42 and $47 at December 31, 2013 and 2012, respectively.

It is reasonably possible that a number of uncertainties could be resolved within the next 12 months, the most significant of which involves tax credits. It is reasonably possible the aggregate resolution of the uncertainties could be up to $180, while none of the uncertainties is individually significant. Resolution of these matters is not expected to have a material effect on our financial condition, results of operations or liquidity.

As of December 31, 2013, the following tax years remain subject to examination for the major jurisdictions where we conduct business:

Jurisdiction	Years
United States	2010 to 2013
United Kingdom	2012 to 2013
Canada	2010 to 2013
Korea	2008 to 2013
Australia	2009 to 2013

Our U.S. federal income tax returns have been audited through 2009. We have various federal income tax return positions in administrative appeals or litigation for 1999 to 2009.

State income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return. The state effect of any changes to filed federal positions remains subject to examination by various states for a period of up to two years after formal notification to the states. We have various state income tax return positions in the process of examination, administrative appeals or litigation.

56 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Note 16.    Earnings Per Share ("EPS")

There are no adjustments required to be made to net income for purposes of computing basic and diluted EPS. The average number of common shares outstanding is reconciled to those used in the basic and diluted EPS computations as follows:

(Millions of shares)	2013	2012	2011
Average shares outstanding	384.0	393.0	395.4
Participating securities	—	—	0.3
Basic	384.0	393.0	395.7
Dilutive effect of stock options and restricted share unit awards	3.3	3.1	2.9
Diluted	387.3	396.1	398.6

Options outstanding that were not included in the computation of diluted EPS mainly because their exercise price was greater than the average market price of the common shares are summarized below:

	2013		2012		2011
Average number of share equivalents (millions)	1.1		1.1		3.6
Weighted-average exercise price	$	103.29	$	78.54	$	71.49
Options outstanding at year-end (millions)	1.8		1.7		3.0

The number of common shares outstanding as of December 31, 2013, 2012 and 2011 was 380.8 million, 389.3 million and 395.7 million, respectively.

Note 17.    Business Segment Information

We are organized into operating segments based on product groupings. These operating segments have been aggregated into four reportable global business segments: Personal Care, Consumer Tissue, KCP and Health Care. The reportable segments were determined in accordance with how our executive managers develop and execute global strategies to drive growth and profitability. These strategies include global plans for branding and product positioning, technology, research and development programs, cost reductions including supply chain management, and capacity and capital investments for each of these businesses. Segment management is evaluated on several factors, including operating profit. Segment operating profit excludes other (income) and expense, net and income and expense not associated with the business segments, including the charges related to the European strategic changes and the pulp and tissue restructuring actions described in Notes 3 and 4, respectively.

The principal sources of revenue in each global business segment are described below:

• Personal Care brands offer parents a trusted partner in caring for their families and deliver confidence, protection and discretion to adults 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 helps transform workplaces for employees and patrons, making them healthier, safer and more productive, through a range of solutions and supporting products such as apparel, wipers, soaps, sanitizers, tissue and towels.  Key brands in this segment include Kleenex, Scott, WypAll, Kimtech and JacksonSafety. 

• Health Care provides essentials that help restore patients to better health and improve the quality of patients' lives. This segment offers surgical and infection prevention products for the operating room, and a portfolio of innovative medical devices focused on pain management, respiratory and digestive health. This business is a global leader in education to prevent healthcare-associated infections. Products are sold primarily under the Kimberly-Clark and ON-Q brand names. As described

57 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

in Note 2, our Board of Directors has authorized management to pursue a potential tax-free spin-off of our health care business, with a current target to complete the spin-off by the end of the third quarter of 2014.

Net sales to Wal-Mart Stores, Inc. were approximately 12 percent in 2013, 2012 and 2011.

Information concerning consolidated operations by business segment is presented in the following tables:

Consolidated Operations by Business Segment

	Personal Care		Consumer Tissue		K-C Professional		Health Care		Corporate & Other				Consolidated Total
Net Sales(a)
2013	$	9,536	$	6,637	$	3,323	$	1,618	$	38			$	21,152
2012	9,576		6,527		3,283		1,622		55				21,063
2011	9,128		6,770		3,294		1,606		48				20,846
Operating Profit(b)
2013	1,698		988		608		230		(316		)	(c)	3,208
2012	1,660		887		545		229		(635		)	(c)	2,686
2011	1,526		775		487		219		(565		)	(c)	2,442
Depreciation and Amortization
2013	332		318		138		71		4				863
2012	315		331		141		59		11				857
2011	296		541		187		55		12				1,091
Assets
2013	6,623		5,483		2,431		2,370		2,012				18,919
2012	7,014		5,531		2,739		2,531		2,058				19,873
2011	6,582		5,685		2,783		2,529		1,794				19,373
Capital Spending
2013	461		328		118		44		2				953
2012	551		352		116		42		32				1,093
2011	543		255		114		53		3				968

(a) Net sales in the United States to third parties totaled $9,783, $9,720 and $9,715 in 2013, 2012 and 2011, 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 the following charges:

	Year Ended December 31
	2013		2012						2011
	European Strategic Changes		European Strategic Changes		Pulp and Tissue Restructuring Actions		Total		Pulp and Tissue Restructuring Actions
Personal Care	$	36	$	213	$	—	$	213	$	—
Consumer Tissue	27		66		125		191		357
K-C Professional	13		20		9		29		56
Other (income) and expense, net	5		—		1		1		2
Total	$	81	$	299	$	135	$	434	$	415

In addition, Corporate and Other for the year ended December 31, 2013 includes a pre-tax charge of $36 related to the devaluation of the Venezuelan bolivar and for the year ended December 31, 2011 includes a non-deductible business tax charge of $32 related to a law change in Colombia.

58 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Sales of Principal Products

(Billions of dollars)	2013		2012		2011
Consumer tissue products	$	6.6	$	6.5	$	6.7
Baby and child care products	7.0		7.1		6.8
Away-from-home professional products	3.3		3.3		3.3
All other	4.3		4.2		4.0
Consolidated	$	21.2	$	21.1	$	20.8

Note 18.    Supplemental Data

Supplemental Income Statement Data

	Year Ended December 31
	2013		2012		2011
Advertising expense	$	777	$	810	$	686
Research expense	360		356		316

Equity Companies' Data

	Net Sales		Gross Profit		Operating Profit		Net Income		Corporation's Share of Net Income
2013	$	2,638	$	950	$	642	$	426	$	205
2012	2,514		864		567		368		176
2011	2,446		796		514		335		161
	Current Assets		Non- Current Assets		Current Liabilities		Non- Current Liabilities		Stockholders' Equity
2013	$	1,197	$	1,124	$	847	$	845	$	629
2012	1,054		1,068		712		837		573
2011	1,000		906		491		872		543

Equity companies are principally engaged in operations in the personal care and consumer tissue businesses, and amounts above primarily reflect operations in Latin America.

At December 31, 2013, our equity companies and ownership interest were as follows: Kimberly-Clark Lever Private Limited (India) (50%), Kimberly-Clark de Mexico, S.A.B. de C.V. and subsidiaries (47.9%), Olayan Kimberly-Clark Arabia (49%), Olayan Kimberly-Clark (Bahrain) WLL (49%) and Tecnosur S.A. (Colombia) (50%).

Kimberly-Clark de Mexico, S.A.B. de C.V. is partially owned by the public and its stock is publicly traded in Mexico. At December 31, 2013, our investment in this equity company was $269, and the estimated fair value of the investment was $4.3 billion based on the market price of publicly traded shares.

At December 31, 2013, unremitted net income of equity companies included in consolidated retained earnings was $1.1 billion.

59 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Supplemental Balance Sheet Data

	December 31
Summary of Accounts Receivable, Net	2013			2012
From customers	$	2,345		$	2,346
Other	271			376
Less allowance for doubtful accounts and sales discounts	(71		)	(80		)
Total	$	2,545		$	2,642

	December 31
	2013								2012
Summary of Inventories by Major Class	LIFO			Non- LIFO		Total			LIFO			Non- LIFO		Total
At the lower of cost, determined on the FIFO or weighted-average cost methods, or market
Raw materials	$	143		$	319	$	462		$	148		$	346	$	494
Work in process	189			97		286			194			135		329
Finished goods	648			753		1,401			656			786		1,442
Supplies and other	—			326		326			—			314		314
	980			1,495		2,475			998			1,581		2,579
Excess of FIFO or weighted-average cost over LIFO cost	(242		)	—		(242		)	(231		)	—		(231		)
Total	$	738		$	1,495	$	2,233		$	767		$	1,581	$	2,348

	December 31
Summary of Property, Plant and Equipment, Net	2013			2012
Land	$	196		$	199
Buildings	2,776			2,732
Machinery and equipment	14,193			13,993
Construction in progress	515			732
	17,680			17,656
Less accumulated depreciation	(9,732		)	(9,561		)
Total	$	7,948		$	8,095

Property, plant and equipment, net in the United States as of December 31, 2013 and 2012 was $3,917, and $4,040 respectively.

	December 31
Summary of Accrued Expenses	2013		2012
Accrued advertising and promotion	$	355	$	372
Accrued salaries and wages	471		456
Accrued rebates	358		340
Accrued taxes - income and other	336		336
Other	540		740
Total	$	2,060	$	2,244

60 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Supplemental Cash Flow Statement Data

Summary of Cash Flow Effects of Decrease (Increase) in Operating Working Capital	Year Ended December 31
	2013			2012			2011
Accounts receivable	$	4		$	(38	)	$	(169	)
Inventories	100			9			9
Prepaid expenses	7			1			(19		)
Trade accounts payable	128			45			161
Accrued expenses	(177		)	133			(91		)
Accrued income taxes	(90		)	13			(107		)
Derivatives	5			(86		)	33
Currency	(135		)	42			(79		)
Total	$	(158	)	$	119		$	(262	)

	Year Ended December 31
Other Cash Flow Data	2013		2012		2011
Interest paid	$	307	$	299	$	273
Income taxes paid	776		451		463

61 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Stockholders of

Kimberly-Clark Corporation:

We have audited the accompanying consolidated balance sheets of Kimberly-Clark Corporation and subsidiaries (the "Corporation") as of December 31, 2013 and 2012, and the related consolidated statements of income, comprehensive income, stockholders' equity, and cash flows for each of the three years in the period ended December 31, 2013. Our audits also included the financial statement schedule listed in the Index at Item 15. These financial statements and financial statement schedule are the responsibility of the Corporation's management. Our responsibility is to express an opinion on the financial statements and financial statement schedule based on our audits.

We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.

In our opinion, such consolidated financial statements present fairly, in all material respects, the financial position of Kimberly-Clark Corporation and subsidiaries as of December 31, 2013 and 2012, and the results of their operations and their cash flows for each of the three years in the period ended December 31, 2013, in conformity with accounting principles generally accepted in the United States of America. Also, in our opinion, such financial statement schedule, when considered in relation to the basic consolidated financial statements taken as a whole, presents fairly, in all material respects, the information set forth therein.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the Corporation's internal control over financial reporting as of December 31, 2013, based on the criteria established in Internal Control-Integrated Framework (1992) issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 14, 2014 expressed an unqualified opinion on the Corporation's internal control over financial reporting.

/s/ DELOITTE & TOUCHE LLP  

Deloitte & Touche LLP

Dallas, Texas

February 14, 2014

62 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

None.

ITEM 9A. CONTROLS AND PROCEDURES

Disclosure Controls and Procedures

As of December 31, 2013, an evaluation was performed under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures. Based on that evaluation, our management, including our Chief Executive Officer and Chief Financial Officer, concluded that our disclosure controls and procedures were effective as of December 31, 2013.

Internal Control Over Financial Reporting

Management's Report on the Financial Statements

Our management is responsible for all aspects of the business, including the preparation of the Consolidated Financial Statements in this annual report. The Consolidated Financial Statements have been prepared using generally accepted accounting principles considered appropriate in the circumstances to present fairly our consolidated financial position, results of operations and cash flows on a consistent basis. Management also has prepared the other information in this annual report and is responsible for its accuracy and consistency with the Consolidated Financial Statements.

Some financial statement amounts are based on estimates and judgments, and measures have been taken to provide reasonable assurance of the integrity and reliability of the financial information contained in this annual report. These measures include an effective control-oriented environment in which the internal audit function plays an important role and an Audit Committee of the Board of Directors that oversees the financial reporting process. The Consolidated Financial Statements have been audited by the independent registered public accounting firm, Deloitte & Touche LLP. During its audits, Deloitte & Touche LLP was given unrestricted access to all financial records, including minutes of all meetings of stockholders and our Board of Directors and all committees of our Board. Management believes that all representations made to the independent registered public accountants during their audits were valid and appropriate.

Audit Committee Oversight and Our Code of Conduct

The Audit Committee of our Board of Directors, which is composed solely of independent directors, assists our Board in fulfilling its responsibility for oversight of the quality and integrity of our accounting, auditing and financial reporting practices; the audits of our Consolidated Financial Statements; and internal control over financial reporting. The Audit Committee reviews with the auditors any relationships that may affect their objectivity and independence. The Audit Committee also reviews with management, the internal auditors and the independent registered public accounting firm the quality and adequacy of our internal control over financial reporting, including compliance matters related to our code of conduct, and the results of internal and external audits. The Audit Committee has reviewed and recommended that the audited Consolidated Financial Statements included in this report be included in the Form 10-K for filing with the Securities and Exchange Commission.

Our code of conduct, among other things, contains policies for conducting business affairs in a lawful and ethical manner everywhere we do business, for avoiding potential conflicts of interest and for preserving confidentiality of information and business ideas. Internal controls have been implemented to provide reasonable assurance that the code of conduct is followed.

Management's Report on Internal Control Over Financial Reporting

Management is responsible for establishing and maintaining an adequate system of internal control over financial reporting, including safeguarding of assets against unauthorized acquisition, use or disposition. This system is designed to provide reasonable assurance to management and our Board of Directors regarding preparation of reliable published financial statements and safeguarding of our assets. This system is supported with written policies and procedures, contains self-monitoring mechanisms and is audited by the internal audit function. Appropriate actions are taken by management to correct deficiencies as they are identified. All internal control systems have inherent limitations, including the possibility of circumvention and overriding of controls, and, therefore, can provide only reasonable assurance as to the reliability of financial statement preparation and such asset safeguarding.

63 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

We have assessed the effectiveness of our internal control over financial reporting as of December 31, 2013. In making this assessment, we used the criteria described in Internal Control – Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission in 1992. Based on this assessment, management believes that, as of December 31, 2013, our internal control over financial reporting is effective.

Deloitte & Touche LLP has issued its attestation report on the effectiveness of our internal control over financial reporting. That attestation report appears below.

/s/ Thomas J. Falk	/s/ Mark A. Buthman
Thomas J. Falk	Mark A. Buthman
Chairman of the Board and	Senior Vice President and
Chief Executive Officer	Chief Financial Officer
February 14, 2014

Changes in Internal Control Over Financial Reporting

There have been no changes in our internal control over financial reporting identified in connection with the evaluation described above in "Management's Report on Internal Control Over Financial Reporting" that occurred during our fourth fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

Report of Independent Registered Public Accounting Firm

To the Board of Directors and Stockholders of

Kimberly-Clark Corporation:

We have audited the internal control over financial reporting of Kimberly-Clark Corporation and subsidiaries (the "Corporation") as of December 31, 2013, based on criteria established in Internal Control – Integrated Framework (1992) issued by the Committee of Sponsoring Organizations of the Treadway Commission. The Corporation's management is responsible for maintaining effective internal control over financial reporting and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying Management’s Report on Internal Control Over Financial Reporting. Our responsibility is to express an opinion on the Corporation's internal control over financial reporting based on our audit.

We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether effective internal control over financial reporting was maintained in all material respects. Our audit included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, testing and evaluating the design and operating effectiveness of internal control based on the assessed risk, and performing such other procedures as we considered necessary in the circumstances. We believe that our audit provides a reasonable basis for our opinion.

A company's internal control over financial reporting is a process designed by, or under the supervision of, the company's principal executive and principal financial officers, or persons performing similar functions, and effected by the company's board of directors, management, and other personnel to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.

Because of the inherent limitations of internal control over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may not be prevented or detected on a timely basis.

64 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Also, projections of any evaluation of the effectiveness of the internal control over financial reporting to future periods are subject to the risk that the controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

In our opinion, the Corporation maintained, in all material respects, effective internal control over financial reporting as of December 31, 2013, based on the criteria established in Internal Control – Integrated Framework (1992) issued by the Committee of Sponsoring Organizations of the Treadway Commission.

We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), the consolidated financial statements and financial statement schedule of the Corporation as of and for the year ended December 31, 2013, and our report dated February 14, 2014, expressed an unqualified opinion on those financial statements and financial statement schedule.

/s/ DELOITTE & TOUCHE LLP  

Deloitte & Touche LLP

Dallas, Texas

February 14, 2014

ITEM 9B.    OTHER INFORMATION

None.

65 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

PART III

ITEM 10.    DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

The following sections of our 2014 Proxy Statement for the Annual Meeting of Stockholders (the "2014 Proxy Statement") are incorporated in this Item 10 by reference:

• "The Nominees" under "Proposal 1. Election of Directors," which identifies our directors and nominees for our Board of Directors.

• "Other Information—Section 16(a) Beneficial Ownership Reporting Compliance."

• "Corporate Governance—Other Corporate Governance Policies and Practices–Code of Conduct," which describes our Code of Conduct.

• "Other Information—Stockholder Nominations for Board of Directors," which describes the procedures by which stockholders may nominate candidates for election to our Board of Directors.

• "Corporate Governance—Board Committees–Audit Committee," which identifies members of the Audit Committee of our Board of Directors and an audit committee financial expert.

Information regarding our executive officers is reported under the caption "Executive Officers of the Registrant" in Part I of this Report.

ITEM 11.    EXECUTIVE COMPENSATION

The information in the sections of the 2014 Proxy Statement captioned "Compensation Discussion and Analysis," "Compensation Tables," "Director Compensation" and "Corporate Governance—Compensation Committee Interlocks and Insider Participation" is incorporated in this Item 11 by reference.

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The information in the section of the 2014 Proxy Statement captioned "Other Information—Security Ownership Information" is incorporated in this Item 12 by reference.

Equity Compensation Plan Information

The following table gives information about our common stock that may be issued upon the exercise of options, warrants and rights under all of our equity compensation plans as of December 31, 2013.

	Number of securities to be issued upon exercise of outstanding options, warrants, and rights (in millions) (a)	Weighted average exercise price of outstanding options, warrants, and rights (b)	Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in column (a)) (in millions) (c)
Equity compensation plans approved by stockholders(1)	9.9 (2)	$75.77	21.3

⁽¹⁾  Includes (a) the stockholder-approved 2011 Equity Participation Plan (the "2011 Plan"), which effective April 21, 2011 amended and restated the stockholder-approved 2001 Equity Participation Plan and (b) the stockholder-approved 2011 Outside Directors' Compensation Plan (the "2011 Outside Directors' Plan"), which effective April 21, 2011 amended and restated the Outside Directors' Compensation Plan.

⁽²⁾  Includes 2.4 million restricted share units granted under the 2011 Plan (including shares that may be issued pursuant to outstanding performance-based restricted share units, assuming the target award is met; actual shares issued may vary, depending on actual performance). Upon vesting, a share of Kimberly-Clark common stock is issued for each restricted share unit. Column (b) does not take these awards into account because they do not have an exercise price. Also includes 0.2 million restricted share units granted under the 2011 Outside Directors' Plan. Upon retirement from or any other termination of service from the Board, a share of Kimberly-Clark common stock is issued for each restricted share unit. Column (b) does not take these awards into account because they do not have an exercise price.

66 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

2011 Outside Directors' Compensation Plan

In 2011, our Board of Directors and our stockholders approved the 2011 Outside Directors' Compensation Plan, which amended and restated our Outside Directors' Compensation Plan. A maximum of 1 million shares of our common stock is available for grant under this plan. The Board may grant awards in the form of stock options, stock appreciation rights, restricted stock, restricted share units or any combination of cash, stock options, stock appreciation rights, restricted stock or restricted share units under this plan.

ITEM 13.    CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

The information in the sections of the 2014 Proxy Statement captioned "Other Information—Transactions with Related Persons" and "Corporate Governance—Director Independence" is incorporated in this Item 13 by reference.

ITEM 14.    PRINCIPAL ACCOUNTANT FEES AND SERVICES

The information in the sections of the 2014 Proxy Statement captioned "Principal Accounting Firm Fees" and "Audit Committee Approval of Audit and Non-Audit Services" under "Proposal 2. Ratification of Auditors" is incorporated in this Item 14 by reference.

67 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

PART IV

ITEM 15.    EXHIBITS, FINANCIAL STATEMENT SCHEDULES

(a) Documents filed as part of this report.

1. Financial statements.

The financial statements are set forth under Item 8 of this report on Form 10-K.

2. Financial statement schedules.

The following information is filed as part of this Form 10-K and should be read in conjunction with the financial statements contained in Item 8:

•Report of Independent Registered Public Accounting Firm

Schedule for Kimberly-Clark Corporation and Subsidiaries:

•Schedule II Valuation and Qualifying Accounts

All other schedules have been omitted because they were not applicable or because the required information has been included in the financial statements or notes thereto.

3. Exhibits

Exhibit No. (3)a. Amended and Restated Certificate of Incorporation, dated April 30, 2009, incorporated by reference to Exhibit No. (3)a of the Corporation's Current Report on Form 8-K dated May 1, 2009.

Exhibit No. (3)b. By-Laws, as amended April 30, 2009, incorporated by reference to Exhibit No. (3)b of the Corporation's Current Report on Form 8-K dated May 1, 2009.

Exhibit No. (4). Copies of instruments defining the rights of holders of long-term debt will be furnished to the Securities and Exchange Commission on request.

Exhibit No. (10)a. Management Achievement Award Program, as amended and restated November 13, 2008, incorporated by reference to Exhibit No. (10)a of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2008.*

Exhibit No. (10)b. Executive Severance Plan, as amended and restated as of December 31, 2011, incorporated by reference to Exhibit No. (10)b of the Corporation's Current Report on Form 8-K dated November 21, 2011.*

Exhibit No. (10)c. Seventh Amended and Restated Deferred Compensation Plan for Directors, effective January 1, 2008, incorporated by reference to Exhibit No. (10)c of the Corporation's Quarterly Report on Form 10-Q for the quarter ended March 31, 2008.*

Exhibit No. (10)d. Executive Officer Achievement Award Program as amended November 12, 2008, incorporated by reference to Exhibit No. (10)d of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2008.*

Exhibit No. (10)f. Deferred Compensation Plan, as amended and restated, dated December 31, 2005, incorporated by reference to Exhibit No. (10)f of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2005.*

Exhibit No. (10)g. Outside Directors' Stock Compensation Plan, as amended, incorporated by reference to Exhibit No. (10)g of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2002.*

68 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Exhibit No. (10)h. Supplemental Benefit Plan to the Kimberly-Clark Corporation Pension Plan, as amended and restated effective April 17, 2009, incorporated by reference to Exhibit No. (10)h of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2009.*

Exhibit No. (10)i. Second Supplemental Benefit Plan to the Kimberly-Clark Corporation Pension Plan, as amended and restated, effective April 17, 2009, incorporated by reference to Exhibit No. (10)i of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2009.*

Exhibit No. (10)j. Kimberly-Clark Corporation Supplemental Retirement 401(k) and Profit Sharing Plan, as amended and restated, effective January 1, 2010, incorporated by reference to Exhibit No. (10)j of the Corporation's Current Report on Form 8-K dated December 21, 2009.*

Exhibit No. (10)l. 2011 Outside Directors' Compensation Plan, as amended and restated, effective April 21, 2011, incorporated by reference to Exhibit No. 10.l of the Corporation's Current Report on Form 8-K dated April 26, 2011.*

Exhibit No. (10)m. 2011 Equity Participation Plan, as amended and restated, effective April 21, 2011, incorporated by reference to Exhibit No. 10.2 of the Corporation's Current Report on Form 8-K dated April 26, 2011.*

Exhibit No. (10)n. Form of Award Agreements under 2011 Equity Participation Plan, incorporated by reference to Exhibit No. (10)n of the Corporation's Quarterly Report on Form 10-Q for the quarter ended June 30, 2013.*

Exhibit No. (10)o. Summary of Outside Directors' Compensation pursuant to the 2011 Outside Directors' Compensation Plan, effective January 1, 2013, incorporated by reference to Exhibit No. (10)o of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2012.

Exhibit No. (10)p. Severance Pay Plan, amended and restated, effective January 1, 2013, incorporated by reference to Exhibit No. (10)p of the Corporation's Quarterly Report on Form 10-Q for the quarter ended September 30, 2013.*

Exhibit No. (10)t. Summary of Financial Counseling Program for Kimberly-Clark Corporation Executives, dated November 12, 2008, incorporated by reference to Exhibit No. (10)t of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2008.*

Exhibit No. (10)u. Letter Agreement between Kimberly-Clark Corporation and Michael Hsu, incorporated by reference to Exhibit No. (10)u of the Corporation's Annual Report on Form 10-K for the year ended December 31, 2012.

Exhibit No. (10)w. Consulting Agreement between Kimberly-Clark Corporation and Jan B.C. Spencer, incorporated by reference to Exhibit No. (10)w of the Corporation's Quarterly Report on Form 10-Q for the quarter ended June 30, 2012.*

Exhibit No. (12). Computation of ratio of earnings to fixed charges for the five years ended December 31, 2013, filed herewith.

Exhibit No. (21). Subsidiaries of the Corporation, filed herewith.

Exhibit No. (23). Consent of Independent Registered Public Accounting Firm, filed herewith.

69 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

Exhibit No. (24). Powers of Attorney, filed herewith.

Exhibit No. (31)a. Certification of Chief Executive Officer required by Rule 13a-14(a) or Rule 15d-14(a) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), filed herewith.

Exhibit No. (31)b. Certification of Chief Financial Officer required by Rule 13a-14(a) or Rule 15d-14(a) of the Exchange Act, filed herewith.

Exhibit No. (32)a. Certification of Chief Executive Officer required by Rule 13a-14(b) or Rule 15d-14(b) of the Exchange Act and Section 1350 of Chapter 63 of Title 18 of the United States Code, furnished herewith.

Exhibit No. (32)b. Certification of Chief Financial Officer required by Rule 13a-14(b) or Rule 15d-14(b) of the Exchange Act and Section 1350 of Chapter 63 of Title 18 of the United States Code, furnished herewith.

Exhibit No. (101).INS XBRL Instance Document

Exhibit No. (101).SCH XBRL Taxonomy Extension Schema Document

Exhibit No. (101).CAL XBRL Taxonomy Extension Calculation Linkbase Document

Exhibit No. (101).DEF XBRL Taxonomy Extension Definition Linkbase Document

Exhibit No. (101).LAB XBRL Taxonomy Extension Label Linkbase Document

Exhibit No. (101).PRE XBRL Taxonomy Extension Presentation Linkbase Document

* A management contract or compensatory plan or arrangement required to be identified pursuant to Item 15(a)(3) of this Annual Report on Form 10-K.

70 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	KIMBERLY-CLARK CORPORATION
February 14, 2014	By:	/s/    Mark A. Buthman
		Mark A. Buthman
		Senior Vice President and
		Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

/s/ Thomas J. Falk	Chairman of the Board and Chief Executive Officer and Director (principal executive officer)	February 14, 2014
Thomas J. Falk
/s/ Mark A. Buthman	Senior Vice President and Chief Financial Officer (principal financial officer)	February 14, 2014
Mark A. Buthman
/s/ Michael T. Azbell	Vice President and Controller (principal accounting officer)	February 14, 2014
Michael T. Azbell

Directors

John R. Alm	James M. Jenness
John F. Bergstrom	Nancy J. Karch
Abelardo E. Bru	Ian C. Read
Robert W. Decherd	Linda Johnson Rice
Fabian T. Garcia	Marc J. Shapiro
Mae C. Jemison

By:	/s/    Thomas J. Mielke	February 14, 2014
	Thomas J. Mielke Attorney-in-Fact

71 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

FOR THE YEARS ENDED DECEMBER 31, 2013, 2012 AND 2011

(Millions of dollars)

Description	Balance at Beginning of Period		Additions					Deductions
			Charged to Costs and Expenses		Charged to Other Accounts(a)			Write-Offs and Reclassifications			Balance at End of Period
December 31, 2013
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	60	$	—	$	(4	)	$	5	(b)	$	51
Allowances for sales discounts	20		275		(1		)	274		(c)	20
December 31, 2012
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	57	$	9	$	—		$	6	(b)	$	60
Allowances for sales discounts	21		280		—			281		(c)	20
December 31, 2011
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	62	$	5	$	(5	)	$	5	(b)	$	57
Allowances for sales discounts	18		275		—			272		(c)	21

^(a)  Includes bad debt recoveries and the effects of changes in foreign currency exchange rates.

^(b)  Primarily uncollectible receivables written off.

^(c)  Sales discounts allowed.

			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses			Charged to Other Accounts		Deductions(a)			Balance at End of  Period
December 31, 2013
Deferred taxes
Valuation allowance	$	215	$	(11	)	$	—	$	7		$	197
December 31, 2012
Deferred taxes
Valuation allowance	$	229	$	(18	)	$	—	$	(4	)	$	215
December 31, 2011
Deferred taxes
Valuation allowance	$	287	$	(51	)	$	—	$	7		$	229

^(a)  Represents the net currency effects of translating valuation allowances at current rates of exchange.

72 KIMBERLY-CLARK CORPORATION - 2013 Annual Report

EX-12.1

Exhibit No. (12)

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

Computation of Ratio of Earnings to Fixed Charges

(Dollar amounts in millions)

	Year Ended December 31
	2013		2012		2011			2010		2009
Consolidated Companies
Income from continuing operations before income taxes	$	2,945	$	2,420	$	2,183		$	2,550	$	2,576
Interest expense	283		284		277			243		275
Interest factor in rent expense	111		94		93			94		90
Amortization of capitalized interest	12		11		13			14		14
Equity Affiliates
Share of 50%-owned:
Income before income taxes	6		3		(1		)	-		-
Interest expense	-		-		-			-		-
Interest factor in rent expense	-		-		-			-		-
Amortization of capitalized interest	-		-		-			-		-
Distributed income of less than 50%-owned	163		148		137			132		114
Earnings	$	3,520	$	2,960	$	2,702		$	3,033	$	3,069
Consolidated Companies
Interest expense	$	283	$	284	$	277		$	243	$	275
Capitalized interest	14		9		8			12		13
Interest factor in rent expense	111		94		93			94		90
Equity Affiliates
Share of 50%-owned:
Interest and capitalized interest	-		-		-			-		-
Interest factor in rent expense	-		-		-			-		-
Fixed Charges	$	408	$	387	$	378		$	349	$	378
Ratio of earnings to fixed charges	8.63		7.65		7.15			8.69		8.12

EX-21.1

Exhibit No. (21)

KIMBERLY-CLARK CORPORATION

CONSOLIDATED SUBSIDIARIES

The following list includes subsidiaries of Kimberly-Clark Corporation as of December 31, 2013. Certain subsidiaries are not named because they were not significant in the aggregate. The place of incorporation or organization is next to the name of the company.

1194127 Ontario Inc., Ontario, Canada

Abdelia Comercial Ltda., Brazil

Avent de Honduras, S.A. de C.V., Honduras

Avent Holdings, LLC, Delaware

Avent, Inc., Delaware

Avent S. de R.L. de C.V., Mexico

Avent Slovakia, Inc., Delaware

Bacraft Industria de Papel Ltda., Brazil

Badgers LLC, Delaware

Badgers II LLC, Delaware

Ballard Medical Products (Canada) Inc., Canada

Beco, Inc., Wisconsin

* Bonster S.A., Luxembourg

*Chapel Valley Housing II, LLC, Wisconsin

Colombiana Kimberly Colpapel S.A., Colombia

Comercializadora de Fibra Guaicaipuro, C.A., Venezuela

Comercializadora de Repuestos Industriales Guaicaipuro, C.A., Venezuela

Delaware Overseas Finance, Inc., Delaware

Dr. Fred Goebel Patentverwaltung GmbH, Germany

Durafab, Inc., Texas

Excell Paper Sales Company, Pennsylvania

Excell Paper Sales LLC, Delaware

Fisbra Industria e Comercio de Produtos Higienicos Limitada, Brazil

Gerinconfort Industria e Comercio de Productos Higienicos Ltda., Brazil

Hercules Global Investments, Cayman Islands

*Hogla-Kimberly Holdings AS, Turkey

*Hogla-Kimberly Limited, Israel

*Hogla-Kimberly Marketing Limited, Israel

Hoosiers LLC, Delaware

Hoosiers II LLC, Delaware

Housing Horizons, LLC, Texas

I-Flow, LLC, Delaware

I-Flow Holdings, LLC, Delaware

Jackson International Holdings, Inc., Delaware

Jackson Products, Inc., Delaware

Jackson Products, Ltd., United Kingdom

Jackson Safety Canada, Ltd., Ontario, Canada

*Janesville School Apartments, LLC, Wisconsin

K-C Advertising, Inc., Delaware

K-C Antioquia Global Ltda., Colombia

K-C Cauca Ltda., Colombia

K-C Equipment Finance LP, United Kingdom

K-C Guernsey I Limited, Isle of Guernsey

K-C Guernsey II Limited, Isle of Guernsey

K-C Nevada, Inc., Nevada

K.C.S.A. Holdings (Pty) Limited, South Africa

Kalayaan Land Corporation, Philippines

KCA Super Pty Limited, Australia

KCSSA East Africa Limited, Africa

KCSSA West Africa Limited, Africa

Kimberly Bolivia S.A., Bolivia

Kimberly-Clark (Barbados) Holding Ltd., Barbados

Kimberly-Clark (China) Company Ltd, China

Kimberly-Clark (Cyprus) Limited, Cyprus

Kimberly-Clark (Hong Kong) Limited, Hong Kong

Kimberly-Clark (Nanjing) Care Products Co. Ltd., China

Kimberly-Clark (Nanjing) Personal Hygienic Products Co. Ltd, China

Kimberly-Clark (Singapore) Finance Pte. Ltd, Singapore

Kimberly-Clark (Trinidad) Ltd., Trinidad & Tobago

Kimberly-Clark Amsterdam Holdings, B.V., Netherlands

Kimberly-Clark Argentina S.A., Argentina

Kimberly-Clark Asia Holdings Pte. Ltd, Singapore

Kimberly-Clark Asia Pacific Headquarters Pte. Ltd, Singapore

Kimberly-Clark Asia Pacific Pte. Ltd, Singapore

Kimberly-Clark Australia Consolidated Holdings Pty Limited, Australia

Kimberly-Clark Australia Holdings Pty Limited, Australia

Kimberly-Clark Australia Pty Limited, Australia

Kimberly-Clark B.V., Netherlands

Kimberly-Clark Bahrain Holding Company S.P.C., Bahrain

Kimberly-Clark Brasil Holdings Limitada, Brazil

Kimberly-Clark Brasil Industria e Comercio de Produtos de Higiene Ltda, Brazil

Kimberly-Clark Brazil Holdings, LLC, Delaware

Kimberly-Clark Canada Holdings ULC, British Colombia, Canada

Kimberly-Clark Canada Inc., Ontario, Canada

Kimberly-Clark Canada International Holdings Inc., Ontario, Canada

Kimberly-Clark Canada Services Corporation, Ontario, Canada

Kimberly-Clark Canada U.K. Holding Limited, United Kingdom

Kimberly-Clark Cayman Islands Company, Cayman Islands

Kimberly-Clark Cayman Islands Holding Company, Cayman Islands

* Kimberly-Clark Central American Holdings, S.A., Panama

Kimberly-Clark Chile S.A., Chile

Kimberly-Clark Colombia Holding Limitada, Colombia

* Kimberly-Clark Costa Rica Limitada, Costa Rica

* Kimberly-Clark de Centro America, S.A., El Salvador

Kimberly-Clark Denmark Holdings ApS, Denmark

Kimberly-Clark Dominican Republic S.A., Dominican Republic

Kimberly-Clark Dominicana, S.A., Dominican Republic

Kimberly-Clark Dutch Holdings B.V., Netherlands

Kimberly-Clark Ecuador S.A., Ecuador

Kimberly-Clark Ede Holdings B.V., Netherlands

Kimberly-Clark Europe Limited, United Kingdom

Kimberly-Clark European Investment B.V., Netherlands

Kimberly-Clark European Services Limited, United Kingdom

Kimberly-Clark Far East Pte. Limited, Singapore

Kimberly-Clark Finance Limited, United Kingdom

*Kimberly-Clark Financial Services, Inc., Tennessee

Kimberly-Clark Germany Holding GmbH, Koblenz

Kimberly-Clark Global Finance Ltd., Bermuda

Kimberly-Clark Global Sales, LLC, Delaware

Kimberly-Clark GmbH (Austria), Austria

Kimberly-Clark GmbH (Germany), Germany

Kimberly-Clark GmbH (Switzerland), Switzerland

*Kimberly-Clark Guatemala, Limitada, Guatemala

Kimberly-Clark Health Care Inc., Delaware

Kimberly-Clark Hellas EPE, Greece

Kimberly-Clark Holding Limited, United Kingdom

Kimberly-Clark Holding srl, Italy

Kimberly-Clark Holland Holdings B.V., Netherlands

*Kimberly-Clark Honduras, S.de R.L. de C.V., Honduras

Kimberly-Clark Hygiene Products Private Limited, India

Kimberly-Clark Inc., Ontario, Canada

Kimberly-Clark Industrial Solutions Mexico, S. de R.L. de C.V., Mexico

Kimberly-Clark Innovacion Global Ltda., Colombia

Kimberly-Clark Innovation Corporation, South Korea

Kimberly-Clark Integrated Services Corporation, Delaware

Kimberly-Clark International Services Corporation, Delaware

Kimberly-Clark International, S.A., Panama

Kimberly-Clark Investering Finance Corporation Limited, United Kingdom

Kimberly-Clark Kazakhstan Limited Liability Partnership, Kazakhstan

Kimberly-Clark Latin America Inc. y Cia, S.C., Spain

Kimberly-Clark Latin America Investments, Inc., Delaware

Kimberly-Clark Latin America, Inc., Delaware

Kimberly-Clark LDA, Portugal

*Kimberly-Clark Lever Private Limited, India

Kimberly-Clark Limited, United Kingdom

Kimberly-Clark Luxembourg Finance S.à r.l., Luxembourg

Kimberly-Clark Luxembourg Holdings S.à r.l., Luxembourg

Kimberly-Clark Luxembourg S.à r.l., Luxembourg

Kimberly-Clark Magyarorszag Kft., Hungary

Kimberly-Clark Manufacturing (Thailand) Limited, Thailand

Kimberly-Clark Mediterranean Finance Company Ltd., Malta

Kimberly-Clark N.V., Belgium

Kimberly-Clark Netherlands Holdings B.V., Netherlands

Kimberly-Clark Noordzee Cooperatief U.A., Netherlands

Kimberly-Clark North Asia (HK) Limited, Hong Kong

Kimberly-Clark of South Africa (Pty) Ltd., South Africa

Kimberly-Clark OOO, Russia

Kimberly-Clark Pacific Finance Company, Cayman Islands

Kimberly-Clark Pacific Holdings Pty Limited, Australia

Kimberly-Clark Paper (Shanghai) Co. Ltd, China

Kimberly-Clark Paraguay, S.A., Paraguay

Kimberly-Clark Patriot Holdings, Inc., Cayman Islands

Kimberly-Clark Pennsylvania, LLC, Delaware

Kimberly-Clark Pension Trusts Ltd., United Kingdom

Kimberly-Clark Personal Hygienic Products Co. Ltd., Beijing, China

Kimberly-Clark Peru S.R.L., Peru

Kimberly-Clark Philippines Inc., Philippines

Kimberly-Clark Polska Sp. Z.o.o., Poland

Kimberly-Clark Products (M) Sdn. Bhd., Malaysia

Kimberly-Clark Produtos Para Saude Limitada, Brazil

Kimberly-Clark Puerto Rico, Inc., Delaware

Kimberly-Clark Regional Services (M) Sdn. Bhd., Malaysia

Kimberly-Clark S.L.U., Spain

Kimberly-Clark s.r.l., Italy

Kimberly-Clark s.r.o., Czech Republic

Kimberly-Clark SAS, France

Kimberly-Clark Scandinavia ApS, Denmark

Kimberly-Clark Services Asia-Pacific Pty Limited, Australia

Kimberly-Clark Services, Inc., Delaware

Kimberly-Clark Singapore Pte. Ltd., Singapore

Kimberly-Clark Southeast Asia Holdings Pte. Ltd., Singapore

Kimberly-Clark Southern Africa (Holdings) (Pty) Ltd., South Africa

Kimberly-Clark Taiwan, Cayman Islands

Kimberly-Clark Thailand Limited, Thailand

Kimberly-Clark Trading (M) Sdn. Bhd., Malaysia

Kimberly-Clark Trading Kft, Hungary

Kimberly-Clark Treasury Asia-Pacific, Australia

*Kimberly-Clark Tuketim Mallari Sanayi ve Ticaret A.s., Turkey

Kimberly-Clark Tulip Holdings, B.V., Netherlands

Kimberly-Clark U.K. Operations Limited, United Kingdom

Kimberly-Clark Ukraine LLC, Ukraine

Kimberly-Clark Uruguay S.A. (formerly Industrial Mimosa S.A.), Uruguay

Kimberly-Clark Utrecht Holdings BV, Netherlands

Kimberly-Clark Venezuela, C.A., Venezuela

Kimberly-Clark Ventures, LLC, Delaware

Kimberly-Clark Vietnam Holdings Pte. Ltd., Singapore

Kimberly-Clark Vietnam Ltd., Vietnam

Kimberly-Clark Worldwide Australia Holdings Pty. Limited, Australia

Kimberly-Clark Worldwide Taiwan Investment Limited, Taiwan

Kimberly-Clark Worldwide, Inc., Delaware

Kimberly-Clark Zimbabwe (Private) Limited, South Africa

*Kimnica, Sociedad Anonima, Nicaragua

KS & J Industria e Comercio Limitada, Brazil

La Ada de Acuna, S. de R.L. de C.V., Mexico

Lafayette-Lahr, LLC, Indiana

LaSalle Apartments, LLC, Wisconsin

LeClaire Apartments, L.L.C., Wisconsin

Maharlika Water Services Corporation, Philippines

Main-Lake, LLC, Wisconsin

Manlak Waste Recovery (Pty) Limited, South Africa

Microcuff GmbH (Germany), Germany

Mimo S.A., Argentina

Minnetonka Limitada, Brazil

Minnetonka Overseas Investments Limited, Cayman Islands

*Molett Marketing Limited, Israel

National Terminal Apartments Limited Liability Company, Ohio

*New Glarus School Apartments, LLC, Wisconsin

Nueva Arizona S.A., Argentina

Papeles del Cauca S.A., Colombia

P.T. Kimberly-Clark Indonesia, Indonesia

Ridgeway Insurance Company Limited, Bermuda

Ropers II LLC, Delaware

Safemaster Oy, Finland

Safeskin (B.V.I.) Limited, Virgin Islands (U.K.)

Safeskin Corporation (Thailand) Limited, Thailand

Safeskin Medical & Scientific (Thailand) Limited, Thailand

Scott Executive Pension Trustees Limited, United Kingdom

SK Corporation, Taiwan

SYZYGY, Inc., Delaware

Taiwan Scott Paper Corporation, Taiwan

TCB GenPar, LLC, Texas

TCB LimPar, LLC, Delaware

Technology Systems S.A., Argentina

Texans II LLC, Delaware

The Texas Company Building, L.P., Texas

Three Rivers Timber Company, Washington

Tri-Med Specialties, Inc., Kansas

Unified Resource Services Mexico, S. de R.L. de C. V., Mexico

*Yuhan-Kimberly Limited, South Korea

* Indicates a company that is not wholly owned directly or indirectly by the Corporation.

EX-23.1

Exhibit No. (23)

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We consent to the incorporation by reference in Registration Statement Nos. 33-49050, 33-58402, 33-64689, 333-02607, 333-06996, 333-17367, 333-173725, 333-43647, 333-94139, 333-51922, 333-61010, 333-62358, 333-89314, 333-104099, 333-115347, 333-155380, 333-161986, and 333-163891 all on Form S-8 and Nos. 333-144828, 333-167886, and 333-189633 all on Form S-3 of our reports dated February 14, 2014, relating to the consolidated financial statements and financial statement schedule of Kimberly-Clark Corporation and subsidiaries (the “Corporation”) and the effectiveness of the Corporation’s internal control over financial reporting, appearing in this Annual Report on Form 10-K of the Corporation for the year ended December 31, 2013.

/s/ DELOITTE & TOUCHE LLP  

Deloitte & Touche LLP

Dallas, Texas

February 14, 2014

EX-24.1

Exhibit No. (24)

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or his substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ John R. Alm

John R. Alm

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or his substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ John F. Bergstrom

John F. Bergstrom

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or his substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ Abelardo E. Bru

Abelardo E. Bru

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or his substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ Robert W. Decherd

Robert W. Decherd

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or his substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ Fabian T. Garcia

Fabian T. Garcia

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for her and in her name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or her substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ Mae C. Jemison

Mae C. Jemison

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or his substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ James M. Jenness

James M. Jenness

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or his substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ Nancy J. Karch

Nancy J. Karch

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or his substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ Ian C. Read

Ian C. Read

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, her true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for her and in her name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or her substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ Linda Johnson Rice

Linda Johnson Rice

POWER OF ATTORNEY

KNOW ALL MEN BY THESE PRESENTS, that the undersigned does hereby constitute and appoint Mark A. Buthman, Michael T. Azbell and Thomas J. Mielke, and each of them, with full power to act alone, his true and lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him and in his name, place and stead, in any and all capacities, to sign Kimberly-Clark Corporation’s Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and to file the same with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission pursuant to the Securities Exchange Act of 1934, as amended, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or any one of them, or his substitute or their substitutes, lawfully do or cause to be done by virtue hereof.

IN WITNESS WHEREOF, I have hereunto set my hand this 13^th day of February 2014.

/s/ Marc J. Shapiro

Marc J. Shapiro

EX-31.A

Exhibit (31)a

CERTIFICATIONS

I, Thomas J. Falk, certify that:

1. I have reviewed this annual report on Form 10-K of Kimberly-Clark Corporation (the “registrant”);

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

February 14, 2014	/s/ Thomas J. Falk
	Thomas J. Falk
	Chief Executive Officer

EX-31.B

Exhibit (31)b

CERTIFICATIONS

I, Mark A. Buthman, certify that:

1. I have reviewed this annual report on Form 10-K of Kimberly-Clark Corporation (the “registrant”);

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

February 14, 2014	/s/ Mark A. Buthman
	Mark A. Buthman
	Chief Financial Officer

EX-32.A

Exhibit (32)a

Certification of Chief Executive Officer

Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code

I, Thomas J. Falk, Chief Executive Officer of Kimberly-Clark Corporation, certify that, to my knowledge:

(1) the Form 10-K, filed with the Securities and Exchange Commission on February 14, 2014 (“accompanied report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) the information contained in the accompanied report fairly presents, in all material respects, the financial condition and results of operations of Kimberly-Clark Corporation.

	/s/ Thomas J. Falk
	Thomas J. Falk
	Chief Executive Officer
February 14, 2014

EX-32.B

Exhibit (32)b

Certification of Chief Financial Officer

Pursuant to Section 1350 of Chapter 63 of Title 18 of the United States Code

I, Mark A. Buthman, Chief Financial Officer of Kimberly-Clark Corporation, certify that, to my knowledge:

(1) the Form 10-K, filed with the Securities and Exchange Commission on February 14, 2014 (“accompanied report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) the information contained in the accompanied report fairly presents, in all material respects, the financial condition and results of operations of Kimberly-Clark Corporation.

	/s/ Mark A. Buthman
	Mark A. Buthman
	Chief Financial Officer
February 14, 2014

XML

Business Segment and Geographic Data Information (Tables)

12 Months Ended

Dec. 31, 2013

Description of Business Segments

Informatiion Concerning Consolidated Operations by Business Segment

	Personal Care		Consumer Tissue		K-C Professional		Health Care		Corporate & Other				Consolidated Total
Net Sales(a)
2013	$	9,536	$	6,637	$	3,323	$	1,618	$	38			$	21,152
2012	9,576		6,527		3,283		1,622		55				21,063
2011	9,128		6,770		3,294		1,606		48				20,846
Operating Profit(b)
2013	1,698		988		608		230		(316		)	(c)	3,208
2012	1,660		887		545		229		(635		)	(c)	2,686
2011	1,526		775		487		219		(565		)	(c)	2,442
Depreciation and Amortization
2013	332		318		138		71		4				863
2012	315		331		141		59		11				857
2011	296		541		187		55		12				1,091
Assets
2013	6,623		5,483		2,431		2,370		2,012				18,919
2012	7,014		5,531		2,739		2,531		2,058				19,873
2011	6,582		5,685		2,783		2,529		1,794				19,373
Capital Spending
2013	461		328		118		44		2				953
2012	551		352		116		42		32				1,093
2011	543		255		114		53		3				968

(a) Net sales in the United States to third parties totaled $9,783, $9,720 and $9,715 in 2013, 2012 and 2011, 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 the following charges:

	Year Ended December 31
	2013		2012						2011
	European Strategic Changes		European Strategic Changes		Pulp and Tissue Restructuring Actions		Total		Pulp and Tissue Restructuring Actions
Personal Care	$	36	$	213	$	—	$	213	$	—
Consumer Tissue	27		66		125		191		357
K-C Professional	13		20		9		29		56
Other (income) and expense, net	5		—		1		1		2
Total	$	81	$	299	$	135	$	434	$	415

In addition, Corporate and Other for the year ended December 31, 2013 includes a pre-tax charge of $36 related to the devaluation of the Venezuelan bolivar and for the year ended December 31, 2011 includes a non-deductible business tax charge of $32 related to a law change in Colombia.

Sales of Principal Products

(Billions of dollars)	2013		2012		2011
Consumer tissue products	$	6.6	$	6.5	$	6.7
Baby and child care products	7.0		7.1		6.8
Away-from-home professional products	3.3		3.3		3.3
All other	4.3		4.2		4.0
Consolidated	$	21.2	$	21.1	$	20.8

XML

Debt (Narrative) (Details) (USD $) In Millions, unless otherwise specified		12 Months Ended		12 Months Ended		12 Months Ended		12 Months Ended		12 Months Ended		12 Months Ended		12 Months Ended			12 Months Ended		12 Months Ended
	Dec. 31, 2013	Dec. 31, 2013 Floating Rate Notes Due May 15, 2016 [Member]	Jun. 30, 2013 Floating Rate Notes Due May 15, 2016 [Member]	Dec. 31, 2013 2.4% Notes Due June 1, 2023 [Member]	Jun. 30, 2013 2.4% Notes Due June 1, 2023 [Member]	Dec. 31, 2013 3.7% Notes Due June 1, 2043 [Member]	Jun. 30, 2013 3.7% Notes Due June 1, 2043 [Member]	Dec. 31, 2013 5% Notes Due August 15, 2013 [Member]	Jun. 30, 2013 5% Notes Due August 15, 2013 [Member]	Dec. 31, 2013 2.4% Notes Due March 21, 2022 [Member]	Mar. 31, 2012 2.4% Notes Due March 21, 2022 [Member]	Dec. 31, 2012 5.625% Notes Due February 15, 2012 [Member]	Mar. 31, 2012 5.625% Notes Due February 15, 2012 [Member]	Dec. 31, 2012 3.875% Notes Due March 1, 2021 [Member]	Dec. 31, 2012 5.30% Notes Due March 1, 2041 [Member]	Dec. 31, 2012 Option to Increase Facility [Member]	Dec. 31, 2013 Expiring 2016 [Member]	Dec. 31, 2011 Expiring 2016 [Member]	Dec. 31, 2013 Dealer remarketable securities	Dec. 31, 2006 Dealer remarketable securities
Long-term Debt, Maturities, Repayments of Principal in Next Twelve Months	$ 312
Long-term Debt, Maturities, Repayments of Principal in Year Two	353
Long-term Debt, Maturities, Repayments of Principal in Year Three	302
Long-term Debt, Maturities, Repayments of Principal in Year Four	962
Long-term Debt, Maturities, Repayments of Principal in Year Five	902
Face amount of note			250		350		250		500		300		400	250	450					200
Interest rate of note					2.40%		3.70%		5.00%	2.40%			5.625%	3.875%	5.30%
Maturity date		May 15, 2016		Jun. 01, 2023		Jun. 01, 2043		Aug. 15, 2013		Mar. 01, 2022		Feb. 15, 2012		Mar. 01, 2021	Mar. 01, 2041				Dec. 31, 2016
Debt Instrument, Issuance Date		May 31, 2013
Revolving credit facility																$ 500		$ 1,500
Expiration date of revolving credit facility																	Oct. 31, 2016

XML

Fair Value Information (Fair Value Assets and Liabilities Measured On A Recurring Basis) (Details) (Fair Value, Measurements, Recurring [Member], USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Company-owned life insurance (COLI)	$ 55	$ 49
Available-for-sale securities	22	17
Derivatives	62	61
Total	139	127
Derivatives	49	63
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Company-owned life insurance (COLI)	0	0
Available-for-sale securities	22	17
Derivatives	0	0
Total	22	17
Derivatives	0	0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Company-owned life insurance (COLI)	55	49
Available-for-sale securities	0	0
Derivatives	62	61
Total	117	110
Derivatives	49	63
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis
Company-owned life insurance (COLI)	0	0
Available-for-sale securities	0	0
Derivatives	0	0
Total	0	0
Derivatives	$ 0	$ 0

XML

Employee Postretirement Benefits (Defined Contribution Pension Plans) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Costs charged to expense for defined contribution pension plans	$ 117	$ 108	$ 113
UNITED STATES
Costs charged to expense for defined contribution pension plans	90	82	77
Outside the United States [Member]
Costs charged to expense for defined contribution pension plans	$ 27	$ 26	$ 36

XML

Redeemable Preferred and Common Securities of Subsidiaries (Narratives) (Details) (USD $) In Millions, unless otherwise specified	0 Months Ended	12 Months Ended
	Jul. 07, 2011	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Notes Receivable Face Amount		$ 397
Notes receivable, maturity date		September 30, 2014		7/7/2011
Loans Receivable, Description of Variable Rate Basis		LIBOR
Loans Receivable, Basis Spread on Variable Rate		0.75%
Debt Instrument, Description of Variable Rate Basis		1.50%
Loans maturity date		Jan. 31, 2014
Debt Instrument, Description of Variable Rate Basis		LIBOR
Redeemable Preferred And Common Securities Of Subsidiaries Fair Value Disclosure		26
Net cash payments to restructure financing entity		24
Proceeds from Collection of Notes Receivable	220	0	0	220
Preferred securities		1,000
Preferred Stock, Redemption Date		Dec. 01, 2014
Voting Rights Preferred Stock		96.00%
Issuance of voting preferred and common securities to K-C		500
Combined Voting Rights Of Preferred And Common Securities		4.00%
Percent of cash contributions loaned to K-C		98.00%
Return on redeemable preferred securities and noncontrolling interests and other		27	27	52
Preferred Securities Class A-1 [Member]
Preferred securities		500
Preferred Stock, Dividend Rate, Percentage			5.074%
Preferred Securities Class A-2 [Member]
Preferred securities		500
Preferred Stock, Dividend Rate, Percentage			5.417%
Monetization Loans [Member]
Loans Payable, Fair Value Disclosure		$ 397

XML

Income Taxes (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Valuation Allowance
Income tax loss carryforwards	$ 1,000,000,000
Income tax loss carryforwards expire amount	368,000,000
Income tax loss carryforwards expiration dates	2014 through 2031
Remaining amount of loss carryforwards that has no expiration date	654,000,000
Unremitted earnings	9,800,000,000
Unrecognized tax benefits	309,000,000
Total accrued penalties and net accrued interest	42,000,000	47,000,000
Aggregate resolution of uncertainties	$ 180,000,000
Year federal income tax returns have been audited	2009
Administrative appeals or litigation	1999 to 2009
Pending refund actions, period	two
State and Local Jurisdiction [Member]
Valuation Allowance
Statute for potential adjustments, period	3 to 5 years

XML

European Strategic Changes European Strategic Changes - Reconciliaton to Accrued Expenses (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Accrued Expense Roll Forward
Charges for workforce reductions and other exit costs		$ 434
European Strategic Changes [Member]
Accrued Expense Roll Forward
Accrued expenses - January 1	133	0
Cash payments	(156)	(4)
Currency and other	(9)	3
Accrued expenses - December 31	37	133
European Strategic Changes [Member] | Cash charges [Member]
Accrued Expense Roll Forward
Charges for workforce reductions and other exit costs	$ 69	$ 134

XML

Employee Postretirement Benefits (Tables)

12 Months Ended

Dec. 31, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Benefit Cost Information or Defined Benefit Plan and Other Postretirement Benefit Plan

	Pension Benefits						Other Benefits
	Year Ended December 31
	2013			2012			2013			2012
Change in Benefit Obligation
Benefit obligation at beginning of year	$	6,590		$	5,920		$	824		$	788
Service cost	53			45			17			15
Interest cost	257			279			32			36
Actuarial loss (gain)	(422		)	854			(60		)	37
Currency and other	47			79			—			3
Benefit payments from plans	(343		)	(478		)	—			—
Direct benefit payments	(13		)	(14		)	(52		)	(55		)
Curtailment and settlements	(5		)	(95		)	—			—
Benefit obligation at end of year	6,164			6,590			761			824
Change in Plan Assets
Fair value of plan assets at beginning of year	5,375			5,214			—			—
Actual return on plan assets	268			556			—			—
Employer contributions	220			110			—			—
Currency and other	47			60			—			—
Benefit payments	(343		)	(478		)	—			—
Settlements	—			(87		)	—			—
Fair value of plan assets at end of year	5,567			5,375			—			—
Funded Status	$	(597	)	$	(1,215	)	$	(761	)	$	(824	)
Amounts Recognized in the Balance Sheet
Noncurrent asset—prepaid benefit cost	$	9		$	8		$	—		$	—
Current liability—accrued benefit cost	(12		)	(12		)	(56		)	(56		)
Noncurrent liability—accrued benefit cost	(594		)	(1,211		)	(705		)	(768		)
Net amount recognized	$	(597	)	$	(1,215	)	$	(761	)	$	(824	)

Principal Plans and all Other Pension Plans

	Principal Plans				All Other Pension Plans				Total
	Year Ended December 31
	2013		2012		2013		2012		2013		2012
Projected benefit obligation (“PBO”)	$	5,640	$	6,071	$	524	$	519	$	6,164	$	6,590
Accumulated benefit obligation (“ABO”)	5,555		6,049		439		420		5,994		6,469
Fair value of plan assets	5,205		5,063		362		312		5,567		5,375

Pension Plans with an ABO in Excess of Plan Assets

	December 31
	2013		2012
PBO	$	5,722	$	6,558
ABO	5,622		6,440
Fair value of plan assets	5,163		5,335

Components of Net Periodic Benefit Cost

	Pension Benefits									Other Benefits
	Year Ended December 31
	2013			2012			2011			2013			2012			2011
Service cost	$	53		$	45		$	57		$	17		$	15		$	14
Interest cost	257			279			307			32			36			41
Expected return on plan assets(a)	(331		)	(329		)	(345		)	—			—			—
Recognized net actuarial loss	120			111			94			3			1			—
Curtailment and settlements	(31		)	20			—			—			—			—
Other	1			(4		)	6			(2		)	(1		)	1
Net periodic benefit cost	$	69		$	122		$	119		$	50		$	51		$	56

^(a)  The expected return on plan assets is determined by multiplying the fair value of plan assets at the remeasurement date, typically the prior year-end, and adjusted for estimated current year cash benefit payments and contributions, by the expected long-term rate of return.

Weighted-Average Assumptions Used to Determine Net Cost

	Pension Benefits						Other Benefits
	2013		2012		2011		2013		2012		2011
Discount rate	4.04	%	4.87	%	5.51	%	3.97	%	4.70	%	5.44	%
Expected long-term return on plan assets	6.26	%	6.49	%	7.14	%	—		—		—
Rate of compensation increase	2.73	%	2.91	%	4.05	%	—		—		—

Weighted-Average Assumptions Used to Determine Benefit Obligations

	Pension Benefits				Other Benefits
	2013		2012		2013		2012
Discount rate	4.66	%	4.04	%	4.97	%	3.97	%
Rate of compensation increase	2.67	%	2.73	%	—		—

Pension Plan Assets of the Principal Plans Measured at Fair Value

	Fair Value Measurements at December 31, 2013
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and Cash Equivalents
Held directly	$	33	$	33	$	—	$	—
Held through mutual and pooled funds	173		34		139		—
Fixed Income
Held directly
U.S. government and municipals	211		71		140		—
U.S. corporate debt	1,654		—		1,654		—
U.S. securitized fixed income	8		—		8		—
Held through mutual and pooled funds
U.S. corporate debt	186		—		186		—
International bonds	1,089		—		1,089		—
Multi-sector	2		2		—		—
Equity
Held directly
U.S. equity	1		1		—		—
Held through mutual and pooled funds
U.S. equity	4		4		—		—
Non-U.S. equity	123		1		122		—
Global equity	1,691		—		1,691		—
Insurance Contract	30		—		—		30
Total Plan Assets	$	5,205	$	146	$	5,029	$	30

	Fair Value Measurements at December 31, 2012
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and Cash Equivalents
Held directly	$	23	$	23	$	—	$	—
Held through mutual and pooled funds	143		—		143		—
Fixed Income
Held directly
U.S. government and municipals	132		31		101		—
U.S. corporate debt	1,112		—		1,112		—
U.S. securitized fixed income	3		—		3		—
Held through mutual and pooled funds
U.S. government and municipals	490		—		490		—
U.S. corporate debt	199		—		199		—
International bonds	920		—		920		—
Multi-sector	2		2		—		—
Equity
Held directly
International equity	143		143		—		—
Held through mutual and pooled funds
U.S. equity	678		3		675		—
Non-U.S. equity	925		1		924		—
Global equity	293		—		293		—
Total Plan Assets	$	5,063	$	203	$	4,860	$	—

Estimated Future Benefit Payments

	Pension Benefits		Other Benefits
2014	$	369	$	57
2015	374		59
2016	374		60
2017	382		61
2018	386		63
2019-2023	2,005		326

Defined Contribution Pension Plans

	2013		2012		2011
U.S.	$	90	$	82	$	77
Outside the U.S.	27		26		36
Total	$	117	$	108	$	113

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Income Taxes (Analysis of the Provision for Income Taxes) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Tax Expense (Benefit) [Abstract]
United States	$ 350	$ 182	$ 43
State	110	30	32
Other countries	318	332	311
Total	778	544	386
United States	85	204	254
State	14	34	29
Other countries	52	(14)	(9)
Total	151	224	274
Total provision for income taxes	$ 929	$ 768	$ 660

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Accumulated Other Comprehensive Income (Components of Stockholders' Equity) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Unrealized translation	$ (495)	$ 204	$ (243)
Tax effect	(4)	(9)	7
Unrealized currency translation adjustments	(494)	215	(249)
Employee postretirement benefits	(302)	377	134
Recognition of effective portion of hedges	37	(20)	(81)
Amortization included in net income	(10)	0	39
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax	31	(21)	(55)
Tax effect	(13)	5	24
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax	18	(16)	(31)
Change in AOCI	(183)	(193)	(400)
Pension Plans, Defined Benefit [Member]
Tax effect	(176)	165	99
Employee postretirement benefits	260	(350)	(132)
Other Postretirement Benefit Plans, Defined Benefit [Member]
Tax effect	(24)	12	(2)
Employee postretirement benefits	38	(22)	(1)
Parent [Member]
Unrealized currency translation adjustments	(499)	195	(236)
Parent [Member] | Pension Plans, Defined Benefit [Member]
Employee postretirement benefits	(260)	350
Parent [Member] | Other Postretirement Benefit Plans, Defined Benefit [Member]
Employee postretirement benefits	(38)	22
Accumulated Net Gain (Loss) from Designated or Qualifying Cash Flow Hedges [Member]
Currency and other	4	(1)	(13)
Unrecognized net actuarial loss and transition amount [Member] | Pension Plans, Defined Benefit [Member]
Funded status recognition	356	(588)	(396)
Amortization included in net periodic benefit cost	120	90	94
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Tax	468	(518)	(304)
Unrecognized net actuarial loss and transition amount [Member] | Other Postretirement Benefit Plans, Defined Benefit [Member]
Funded status recognition	62	(31)	(31)
Amortization included in net periodic benefit cost	3	(1)	0
Currency and other	(8)	(20)	(2)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Tax	65	(32)	(31)
Unrecognized prior service cost [Member] | Pension Plans, Defined Benefit [Member]
Currency and other	(1)	3	(4)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Tax	(32)	3	73
Funded status recognition	0	0	74
Amortization included in net periodic benefit cost	(31)	0	3
Unrecognized prior service cost [Member] | Other Postretirement Benefit Plans, Defined Benefit [Member]
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, before Tax	(3)	(2)	32
Funded status recognition	(3)	0	31
Amortization included in net periodic benefit cost	$ 0	$ (2)	$ 1

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Business Segment and Geographic Data Information (Information Concerning Consolidated Operations by Business Segment) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Net Sales	$ 21,152	[1]	$ 21,063	[1]	$ 20,846	[1]
Operating Profit	3,208		2,686		2,442
Depreciation and Amortization	863		857		1,091
Assets	18,919		19,873		19,373
Charges for workforce reductions and other exit costs			434
Capital Spending	953		1,093		968
United States
Net Sales	9,783		9,720		9,715
Personal Care [Member]
Net Sales	9,536		9,576		9,128
Operating Profit	1,698	[2]	1,660	[2]	1,526	[2]
Depreciation and Amortization	332		315		296
Assets	6,623		7,014		6,582
Charges for workforce reductions and other exit costs			213
Capital Spending	461		551		543
Consumer Tissue [Member]
Net Sales	6,637		6,527		6,770
Operating Profit	988	[2]	887	[2]	775	[2]
Depreciation and Amortization	318		331		541
Assets	5,483		5,531		5,685
Charges for workforce reductions and other exit costs			191
Capital Spending	328		352		255
K-C Professional and Other [Member]
Net Sales	3,323		3,283		3,294
Operating Profit	608	[2]	545	[2]	487	[2]
Depreciation and Amortization	138		141		187
Assets	2,431		2,739		2,783
Charges for workforce reductions and other exit costs			29
Capital Spending	118		116		114
Health Care [Member]
Net Sales	1,618		1,622		1,606
Operating Profit	230	[2]	229	[2]	219	[2]
Depreciation and Amortization	71		59		55
Assets	2,370		2,531		2,529
Capital Spending	44		42		53
Corporate and Other [Member]
Net Sales	38		55		48
Operating Profit	(316)	[2],[3]	(635)	[2],[3]	(565)	[2],[3]
Depreciation and Amortization	4		11		12
Assets	2,012		2,058		1,794
Capital Spending	2		32		3
Other (Income) And Expense, Net [Member]
Charges for workforce reductions and other exit costs			1
European Strategic Changes [Member]
Charges for workforce reductions and other exit costs	81		299
European Strategic Changes [Member] | Personal Care [Member]
Charges for workforce reductions and other exit costs	36		213
European Strategic Changes [Member] | Consumer Tissue [Member]
Charges for workforce reductions and other exit costs	27		66
European Strategic Changes [Member] | K-C Professional and Other [Member]
Charges for workforce reductions and other exit costs	13		20
European Strategic Changes [Member] | Other (Income) And Expense, Net [Member]
Charges for workforce reductions and other exit costs	5		0
Pulp And Tissue Restructuring [Member]
Charges for workforce reductions and other exit costs			135		415
Pulp And Tissue Restructuring [Member] | Personal Care [Member]
Charges for workforce reductions and other exit costs			0		0
Pulp And Tissue Restructuring [Member] | Consumer Tissue [Member]
Charges for workforce reductions and other exit costs			125		357
Pulp And Tissue Restructuring [Member] | K-C Professional and Other [Member]
Charges for workforce reductions and other exit costs			9		56
Pulp And Tissue Restructuring [Member] | Other (Income) And Expense, Net [Member]
Charges for workforce reductions and other exit costs			$ 1		$ 2

[1] Net sales in the United States to third parties totaled $9,783, $9,720 and $9,715 in 2013, 2012 and 2011, respectively.

[2] Segment operating profit excludes other (income) and expense, net and income and expenses not associated with the business segments.

[3] Corporate & Other includes the following charges:

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Stock-Based Compensation (Schedule of Assumptions Used to Estimate Weighted-Average Fair Value of Options Granted) (Details)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]
Dividend yield	3.70%	4.50%	5.00%
Volatility	15.40%	12.86%	12.54%
Risk-free interest rate	0.87%	1.08%	2.26%
Expected life—years	5 years 1 month 6 days	5 years 9 months 18 days	6 years 3 months 18 days

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Objectives and Strategies for Using Derivatives (Narrative) (Details) (USD $)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Notional Amount of Interest Rate Fair Value Hedge Derivatives	$ 250,000,000
Fair value hedge ineffectiveness is immaterial assertion	Fair value hedges resulted in no significant ineffectiveness in each of the three years ended December 31, 2013
Gain from hedged firm commitment not qualifying as fair value hedge	0
Notional Amount of Foreign Currency Cash Flow Hedge Derivatives	1,000,000,000
Notional Amount of Interest Rate Cash Flow Hedge Derivatives	200,000,000
Cash flow hedge ineffectiveness is immaterial assertion	Cash flow hedges resulted in no significant ineffectiveness in each of the three years ended December 31, 2013
Gain (Loss) on Discontinuation of Cash Flow Hedge Due to Forecasted Transaction Probable of Not Occurring, Net	0
Gain (Loss) on Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	75,000,000	67,000,000	3,000,000
Notional Amount of Foreign Currency Derivative Instruments Not Designated as Hedging Instruments	$ 2,000,000,000
Cash Flow Hedging [Member]
Derivative, Maturity Date	Jan. 01, 2016

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Earnings Per Share (Average Common shares Outstanding Basic and Diluted) (Details) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Earnings Per Share [Abstract]
Average shares outstanding	384.0	393.0	395.4
Participating securities	0	0	0.3
Basic	384.0	393.0	395.7
Dilutive effect of restricted share and restricted share unit awards	3.3	3.1	2.9
Diluted	387.3	396.1	398.6

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Income Taxes (Deferred Income Tax Assets (Liabilities)) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Income Tax Expense (Benefit) [Abstract]
Pension and other postretirement benefits	$ 728	$ 972
Tax credits and loss carryforwards	604	729
Deferred Tax Assets, Property, Plant and Equipment	104	110
Other	516	492
Deferred Tax Assets, Gross	1,952	2,303
Deferred Tax Assets, Valuation Allowance	(197)	(215)
Deferred Tax Assets, Net	1,755	2,088
Deferred Tax Liability Noncurrent Pension Postretirement And Other Employee Benefits	(259)	(269)
Deferred Tax Liabilities, Property, Plant and Equipment	(1,244)	(1,228)
Installment sales	(6)	(120)
Deferred Tax Liabilities, Undistributed Foreign Earnings	(205)	(108)
Deferred Tax Liabilities, Other	(390)	(385)
Deferred Tax Liabilities, Gross	(2,104)	(2,110)
Deferred Tax Liabilities, Net	$ (349)	$ (22)

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Earnings Per Share (Options Outstanding not Included in Computation of Diluted EPS) (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Average number of share equivalents (millions)	1.1	1.1	3.6
Weighted-average exercise price	$ 103.29	$ 78.54	$ 71.49
Options outstanding at year-end (millions)	1.8	1.7	3.0

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Objectives and Strategies for Using Derivatives (Classified by Risk) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Assets	$ 62	$ 61
Liabilities	49	63
Foreign Exchange Contract [Member]
Assets	34	52
Liabilities	49	17
Interest Rate Contract [Member]
Assets	22	7
Liabilities	0	43
Commodity Contract [Member]
Assets	6	2
Liabilities	$ 0	$ 3

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Accumulated Other Comprehensive Income (Narratives) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013
Defined Benefit Plan, Accumulated Other Comprehensive Income (Loss), after Tax [Abstract]
Defined Benefit Plan, Accumulated Other Comprehensive Income Net Gains (Losses), after Tax	$ 1,717
Defined Benefit Plan, Accumulated Other Comprehensive Income Net Prior Service Cost Credit, after Tax	35
Pension and Other Postretirement Benefit Plans, Amounts that Will be Amortized from Accumulated Other Comprehensive Income (Loss) in Next Fiscal Year [Abstract]
Defined Benefit Plan, Amortization of Net Gains (Losses)	98
Defined Benefit Plan, Amortization of Net Prior Service Cost (Credit)	$ 3

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Supplemental Data

12 Months Ended

Dec. 31, 2013

Supplemental Data

Supplemental Data

Supplemental Data

Supplemental Income Statement Data

	Year Ended December 31
	2013		2012		2011
Advertising expense	$	777	$	810	$	686
Research expense	360		356		316

Equity Companies' Data

	Net Sales		Gross Profit		Operating Profit		Net Income		Corporation's Share of Net Income
2013	$	2,638	$	950	$	642	$	426	$	205
2012	2,514		864		567		368		176
2011	2,446		796		514		335		161
	Current Assets		Non- Current Assets		Current Liabilities		Non- Current Liabilities		Stockholders' Equity
2013	$	1,197	$	1,124	$	847	$	845	$	629
2012	1,054		1,068		712		837		573
2011	1,000		906		491		872		543

Equity companies are principally engaged in operations in the personal care and consumer tissue businesses, and amounts above primarily reflect operations in Latin America.

At December 31, 2013, our equity companies and ownership interest were as follows: Kimberly-Clark Lever Private Limited (India) (50%), Kimberly-Clark de Mexico, S.A.B. de C.V. and subsidiaries (47.9%), Olayan Kimberly-Clark Arabia (49%), Olayan Kimberly-Clark (Bahrain) WLL (49%) and Tecnosur S.A. (Colombia) (50%).

Kimberly-Clark de Mexico, S.A.B. de C.V. is partially owned by the public and its stock is publicly traded in Mexico. At December 31, 2013, our investment in this equity company was $269, and the estimated fair value of the investment was $4.3 billion based on the market price of publicly traded shares.

At December 31, 2013, unremitted net income of equity companies included in consolidated retained earnings was $1.1 billion.

Supplemental Balance Sheet Data

	December 31
Summary of Accounts Receivable, Net	2013			2012
From customers	$	2,345		$	2,346
Other	271			376
Less allowance for doubtful accounts and sales discounts	(71		)	(80		)
Total	$	2,545		$	2,642

	December 31
	2013								2012
Summary of Inventories by Major Class	LIFO			Non- LIFO		Total			LIFO			Non- LIFO		Total
At the lower of cost, determined on the FIFO or weighted-average cost methods, or market
Raw materials	$	143		$	319	$	462		$	148		$	346	$	494
Work in process	189			97		286			194			135		329
Finished goods	648			753		1,401			656			786		1,442
Supplies and other	—			326		326			—			314		314
	980			1,495		2,475			998			1,581		2,579
Excess of FIFO or weighted-average cost over LIFO cost	(242		)	—		(242		)	(231		)	—		(231		)
Total	$	738		$	1,495	$	2,233		$	767		$	1,581	$	2,348

	December 31
Summary of Property, Plant and Equipment, Net	2013			2012
Land	$	196		$	199
Buildings	2,776			2,732
Machinery and equipment	14,193			13,993
Construction in progress	515			732
	17,680			17,656
Less accumulated depreciation	(9,732		)	(9,561		)
Total	$	7,948		$	8,095

Property, plant and equipment, net in the United States as of December 31, 2013 and 2012 was $3,917, and $4,040 respectively.

	December 31
Summary of Accrued Expenses	2013		2012
Accrued advertising and promotion	$	355	$	372
Accrued salaries and wages	471		456
Accrued rebates	358		340
Accrued taxes - income and other	336		336
Other	540		740
Total	$	2,060	$	2,244

Supplemental Cash Flow Statement Data

Summary of Cash Flow Effects of Decrease (Increase) in Operating Working Capital	Year Ended December 31
	2013			2012			2011
Accounts receivable	$	4		$	(38	)	$	(169	)
Inventories	100			9			9
Prepaid expenses	7			1			(19		)
Trade accounts payable	128			45			161
Accrued expenses	(177		)	133			(91		)
Accrued income taxes	(90		)	13			(107		)
Derivatives	5			(86		)	33
Currency	(135		)	42			(79		)
Total	$	(158	)	$	119		$	(262	)

	Year Ended December 31
Other Cash Flow Data	2013		2012		2011
Interest paid	$	307	$	299	$	273
Income taxes paid	776		451		463

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Acquisitions and Intangible Assets (Narrative) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Goodwill and Intangible Assets Disclosure [Abstract]
Indefinite-lived Intangible Assets	$ 7	$ 11
Amortization expense for intangible assets	39	29	24
Amortization expense, 2014	42
Amortization expense, 2015	34
Amortization expense, 2016	28
Amortization expense, 2017	23
Amortization expense, 2018	$ 19

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Accounting Policies (Narrative) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended			33 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011	Feb. 01, 2013
Minimum ownership percentage to exercise significant influence	20.00%
K-C Venezuela [Member]
Central Bank System Rate	6.3			5.4
Charge for Devaluation Under Highly Inflationary Accounting (after tax)	$ 26
Charge for Devaluation Under Highly Inflationary Accounting	36
Bolivar Denominated Monetary Asset Net	309
Net Investment Foreign Operations	$ 445
Portion Of Consolidated Net Sales Earned By Affiliate Percent	2.00%	2.00%	1.00%
Trademarks | Minimum [Member]
Finite-Lived Intangible Assets, Useful Life	2 years
Trademarks | Maximum [Member]
Finite-Lived Intangible Assets, Useful Life	30 years
Patents and developed technologies | Minimum [Member]
Finite-Lived Intangible Assets, Useful Life	5 years
Patents and developed technologies | Maximum [Member]
Finite-Lived Intangible Assets, Useful Life	17 years
Other | Minimum [Member]
Finite-Lived Intangible Assets, Useful Life	5 years
Other | Maximum [Member]
Finite-Lived Intangible Assets, Useful Life	16 years
Building [Member]
Estimated useful life	40 years
Machinery and Equipment [Member] | Minimum [Member]
Estimated useful life	16 years
Machinery and Equipment [Member] | Maximum [Member]
Estimated useful life	20 years
Software [Member]
Estimated useful life	5 years

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Leases and Commitments (Future Minimum Obligations under Operating Leases) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013
Leases and Commitments [Line Items]
2014	$ 189
2015	155
2016	124
2017	113
2018	76
Thereafter	107
Future minimum obligations	$ 764

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Supplemental Data (Summary of Accrued Expenses) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Supplemental Data
Accrued advertising and promotion	$ 355	$ 372
Accrued salaries and wages	471	456
Accrued rebates	358	340
Accrued taxes - income and other	336	336
Other	540	740
Total	$ 2,060	$ 2,244

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Income Taxes (Tables)

12 Months Ended

Dec. 31, 2013

Income Tax Expense (Benefit) [Abstract]

Analysis of the Provision for Income Taxes

	Year Ended December 31
	2013		2012			2011
Current income taxes
United States	$	350	$	182		$	43
State	110		30			32
Other countries	318		332			311
Total	778		544			386
Deferred income taxes
United States	85		204			254
State	14		34			29
Other countries	52		(14		)	(9		)
Total	151		224			274
Total provision for income taxes	$	929	$	768		$	660

Income before Income Taxes

	Year Ended December 31
	2013		2012		2011
United States	$	1,764	$	1,415	$	1,317
Other countries	1,181		1,005		866
Total income before income taxes	$	2,945	$	2,420	$	2,183

Deferred Income Tax assets (Liabilities)

	December 31
	2013			2012
Deferred tax assets
Pension and other postretirement benefits	$	728		$	972
Tax credits and loss carryforwards	604			729
Property, plant and equipment, net	104			110
Other	516			492
	1,952			2,303
Valuation allowance	(197		)	(215		)
Total deferred assets	1,755			2,088
Deferred tax liabilities
Pension and other postretirement benefits	259			269
Property, plant and equipment, net	1,244			1,228
Installment sales	6			120
Investments in subsidiaries	205			108
Other	390			385
Total deferred tax liabilities	2,104			2,110
Net deferred tax assets (liabilities)	$	(349	)	$	(22	)

Reconciliation of Income Tax Provision

	Year Ended December 31
	2013		2012		2011
U.S. statutory rate applied to income before income taxes	35.0	%	35.0	%	35.0	%
Rate of state income taxes, net of federal tax benefit	2.7		1.7		1.8
Statutory rates other than U.S. statutory rate	(2.9	)	(2.8	)	(2.3	)
Other - net(a)	(3.3	)	(2.2	)	(4.3	)
Effective income tax rate	31.5	%	31.7	%	30.2	%

Unrecognized Income Tax Benefits

	2013			2012			2011
Balance at January 1	$	435		$	558		$	568
Gross increases for tax positions of prior years	73			30			17
Gross decreases for tax positions of prior years	(31		)	(104		)	(60		)
Gross increases for tax positions of the current year	37			52			55
Settlements	(35		)	(100		)	(15		)
Other	(6		)	(1		)	(7		)
Balance at December 31	$	473		$	435		$	558

Summary of Income Tax Examinations

Jurisdiction	Years
United States	2010 to 2013
United Kingdom	2012 to 2013
Canada	2010 to 2013
Korea	2008 to 2013
Australia	2009 to 2013

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Acquisitions and Intangible Assets (Other Intangible Assets) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Indefinite-lived Intangible Assets
Gross Carrying Amount	$ 546	$ 516
Accumulated Amortization	310	281
Trademarks
Indefinite-lived Intangible Assets
Gross Carrying Amount	252	253
Accumulated Amortization	163	156
Patents and developed technologies
Indefinite-lived Intangible Assets
Gross Carrying Amount	201	158
Accumulated Amortization	85	64
Other
Indefinite-lived Intangible Assets
Gross Carrying Amount	93	105
Accumulated Amortization	$ 62	$ 61

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Employee Postretirement Benefits (Weighted-Average Assumptions) (Details)	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Defined Benefit Pension [Member]
Net cost, Discount rate	4.04%	4.87%	5.51%
Net cost, Expected long-term return on plan assets	6.26%	6.49%	7.14%
Net cost, Rate of compensation increase	2.73%	2.91%	4.05%
Benefit obligations, Discount rate	4.66%	4.04%
Benefit obligations, Rate of compensation increase	2.67%	2.73%
Other Postretirement Benefit Plans, Defined Benefit [Member]
Net cost, Discount rate	3.97%	4.70%	5.44%
Net cost, Expected long-term return on plan assets	0.00%	0.00%	0.00%
Net cost, Rate of compensation increase	0.00%	0.00%	0.00%
Benefit obligations, Discount rate	4.97%	3.97%
Benefit obligations, Rate of compensation increase	0.00%	0.00%

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Stock-Based Compensation (Schedule of Other Stock-Based Awards Activity) (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013
Time-Vested Restricted Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Nonvested at January 1, 2013	324
Granted	75
Vested	(117)
Forfeited	(25)
Nonvested at December 31, 2013	257
Nonvested at January 1, 2013, Weighted-Average Grant-Date Fair Value	$ 75.24
Granted, Weighted-Average Grant-Date Fair Value	$ 89.29
Vested, Weighted-Average Grant-Date Fair Value	$ 70.39
Forfeited, Weighted-Average Grant-Date Fair Value	$ 76.52
Nonvested at December 31, 2013, Weighted-Average Grant-Date Fair Value	$ 81.38
Performance-Based Restricted Share Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Nonvested at January 1, 2013	2,187
Granted	713
Vested	(294)
Forfeited	(523)
Nonvested at December 31, 2013	2,083
Nonvested at January 1, 2013, Weighted-Average Grant-Date Fair Value	$ 67.41
Granted, Weighted-Average Grant-Date Fair Value	$ 100.42
Vested, Weighted-Average Grant-Date Fair Value	$ 62.72
Forfeited, Weighted-Average Grant-Date Fair Value	$ 64.75
Nonvested at December 31, 2013, Weighted-Average Grant-Date Fair Value	$ 79.98

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Pulp And Tissue Restructuring Pulp and Tissue Narrative (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2013 Pulp And Tissue Restructuring [Member]	Dec. 31, 2012 Pulp And Tissue Restructuring [Member] United States	Dec. 31, 2011 Pulp And Tissue Restructuring [Member] United States	Dec. 31, 2012 Pulp And Tissue Restructuring [Member] Australia	Dec. 31, 2011 Pulp And Tissue Restructuring [Member] Australia	Dec. 31, 2012 Pulp And Tissue Restructuring [Member] Other Geographic Areas [Member]	Dec. 31, 2011 Pulp And Tissue Restructuring [Member] Other Geographic Areas [Member]	Dec. 31, 2012 Pulp And Tissue Restructuring [Member] Cost of Sales [Member]	Dec. 31, 2011 Pulp And Tissue Restructuring [Member] Cost of Sales [Member]	Dec. 31, 2012 Pulp And Tissue Restructuring [Member] Charges for workforce reductions and other included in marketing, research and general expenses	Dec. 31, 2011 Pulp And Tissue Restructuring [Member] Charges for workforce reductions and other included in marketing, research and general expenses	Dec. 31, 2012 Pulp And Tissue Restructuring [Member] Other (Income) And Expense, Net [Member]	Dec. 31, 2011 Pulp And Tissue Restructuring [Member] Other (Income) And Expense, Net [Member]	Dec. 31, 2012 Pulp And Tissue Restructuring [Member] Provision for income taxes	Dec. 31, 2011 Pulp And Tissue Restructuring [Member] Provision for income taxes
Restructuring Cost and Reserve
Restructuring Activities for Manufacturing Facilities		7
Charges for workforce reductions and other exit costs	$ 434		$ 97	$ 204	$ 35	$ 133	$ 3	$ 78	$ 128	$ 407	$ 6	$ 6	$ 1	$ 2	$ 49	$ 126

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Proposed Spinoff of Health Care Business Proposed Spinoff of Health Care Business (Health Care Spin-off [Member])

12 Months Ended

Dec. 31, 2013

Health Care Spin-off [Member]

Restructuring Cost and Reserve

Restructuring and Related Activities Disclosure

Proposed Spin-Off of Health Care Business

In November 2013, we announced that our Board of Directors authorized management to pursue a potential tax-free spin-off of our health care business. A spin-off would create a stand-alone, publicly traded health care company with approximately $1.6 billion in annual net sales, focused on the sale of surgical and infection prevention products for the operating room and other medical supplies, and medical devices focused on pain management, respiratory and digestive health.

Although our current target is to complete the spin-off by the end of the third quarter of 2014, there are no assurances as to when the proposed spin-off will be completed, if at all, or if the spin-off will be completed based on the expected plans.

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Employee Postretirement Benefits (Narrative) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended											12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2012 Lump sum [Member]	Dec. 31, 2013 Pension Plans, Defined Benefit [Member]	Dec. 31, 2012 Pension Plans, Defined Benefit [Member]	Dec. 31, 2011 Pension Plans, Defined Benefit [Member]	Dec. 31, 2013 Pension Plans, Defined Benefit [Member] UNITED STATES	Dec. 31, 2012 Pension Plans, Defined Benefit [Member] UNITED STATES	Dec. 31, 2013 Minimum [Member] Pension Plans, Defined Benefit [Member]	Dec. 31, 2013 Maximum [Member] Pension Plans, Defined Benefit [Member]	Dec. 31, 2013 Equity Securities [Member]	Dec. 31, 2013 Fixed Income Funds [Member]
Defined Benefit Plan, Target Plan Asset Allocations												30.00%	70.00%
Defined Benefit Plan, Health Care Cost Trend Rate Assumed for Next Fiscal Year		6.20%
Defined Benefit Plan, Health Care Cost Trend Rate Assumed For Fifth Succeeding Fiscal Year		5.00%
Benefit payments				$ 116	$ (343)	$ (478)
Defined Benefit Plan, Pension Plans with Accumulated Benefit Obligations in Excess of Plan Assets, Aggregate Projected Benefit Obligation					6,164	6,590		3,866	4,375
Fair value of plan assets					5,567	5,375	5,214	3,565	3,553
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Rate	6.16%	6.43%	6.68%
Defined Benefit Plan, Significant Concentrations of Risk		there were no significant concentrations of equity or debt securities in any single issuer or industry.
Defined Benefit Plan, Estimated Future Employer Contributions in Next Fiscal Year										$ 100	$ 200

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Proposed Spinoff of Health Care Business Proposed Spinoff of Health Care Business Narrative (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Restructuring Cost and Reserve
Net Sales	$ 21,152	[1]	$ 21,063	[1]	$ 20,846	[1]
Health Care Spin-off [Member]
Restructuring Cost and Reserve
Net Sales	$ 1,600

[1] Net sales in the United States to third parties totaled $9,783, $9,720 and $9,715 in 2013, 2012 and 2011, respectively.

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Fair Value Information (Tables)

12 Months Ended

Dec. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value Assets and Liabilities Measured on a Recurring Basis

Set forth below are the assets and liabilities that are measured on a recurring basis at fair value and the inputs used to develop those fair value measurements.

	December 31, 2013		Fair Value Measurements
			Level 1		Level 2		Level 3
Assets
Company-owned life insurance ("COLI")	$	55	$	—	$	55	$	—
Available-for-sale securities	22		22		—		—
Derivatives	62		—		62		—
Total	$	139	$	22	$	117	$	—
Liabilities
Derivatives	$	49	$	—	$	49	$	—

	December 31, 2012		Fair Value Measurements
			Level 1		Level 2		Level 3
Assets
COLI	$	49	$	—	$	49	$	—
Available-for-sale securities	17		17		—		—
Derivatives	61		—		61		—
Total	$	127	$	17	$	110	$	—
Liabilities
Derivatives	$	63	$	—	$	63	$	—

Fair Value, by Balance Sheet Grouping

The following table includes the fair value of our financial instruments for which disclosure of fair value is required:

	Fair Value Hierarchy Level	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
		December 31, 2013				December 31, 2012
Assets
Cash and cash equivalents(a)	1	$	1,054	$	1,054	$	1,106	$	1,106
Time deposits(b)	1	222		222		224		224
Note receivable(c)	3	16		16		395		392
Liabilities and redeemable securities of subsidiaries
Short-term debt(d)	2	63		63		359		359
Monetization loan(c)	3	—		—		397		400
Long-term debt(e)	2	5,698		6,271		5,429		6,527
Redeemable preferred securities of subsidiaries(c)	3	532		552		506		543
Redeemable common securities of subsidiary(f)	3	46		46		43		43

(a) Cash equivalents are composed of certificates of deposit, time deposits and other interest-bearing investments with original maturity dates of 90 days or less. Cash equivalents are recorded at cost, which approximates fair value.

(b) Time deposits are comprised of deposits with original maturities of more than 90 days but less than one year and instruments with original maturities of greater than one year, included in other current assets or other assets in the Consolidated Balance Sheet, as appropriate. Time deposits are recorded at cost, which approximates fair value.

(c) The note, monetization loan and redeemable preferred securities of subsidiaries are not traded in active markets. Accordingly, their fair values were calculated using a floating rate pricing model that compared the stated spread to the fair value spread to determine the price at which each of the financial instruments should trade. The model used the following inputs to calculate fair values: face value, current LIBOR rate, unobservable fair value credit spread, stated spread, maturity date and interest or dividend payment dates. See Note 8 for additional information.

(d) Short-term debt is comprised of U.S. commercial paper and/or other similar short-term debt issued by non-U.S. subsidiaries, all of which are recorded at cost, which approximates fair value.

(e) Long-term debt includes the current portion of these debt instruments and excludes the monetization loan. Fair values were estimated based on quoted prices for financial instruments for which all significant inputs were observable, either directly or indirectly.

(f) The fair value of the redeemable common securities of subsidiary was based on various inputs, including an independent third-party appraisal, adjusted for current market conditions.

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European Strategic Changes European Strategic Changes (Tables) (European Strategic Changes [Member])

12 Months Ended

Dec. 31, 2013

European Strategic Changes [Member]

Restructuring Cost and Reserve

Charges incurred in Connection With Restructuring

	Year Ended December 31
	2013			2012
Asset impairments	$	22		$	147
Charges for workforce reductions	10			77
Asset write-offs	13			10
Incremental depreciation	18			8
Benefit from pension curtailment	(31		)	—
Other exit costs	22			8
Cost of products sold	54			250
Charges for workforce reductions and other exit costs included in marketing, research and general expenses and other (income) and expense, net	27			49
Provision for income taxes	(15		)	(57		)
Net charges	$	66		$	242

Schedule of Cash Charges Reconciled to Accrued Expenses

	2013			2012
Accrued expenses - January 1	$	133		$	—
Charges for workforce reductions and other exit costs	69			134
Cash payments	(156		)	(4		)
Currency and other	(9		)	3
Accrued expenses - December 31	$	37		$	133

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Valuation and Qualifying Accounts (Schedule of Valuation and Qualifying Accounts) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013 Allowance for Doubtful Accounts [Member]		Dec. 31, 2012 Allowance for Doubtful Accounts [Member]		Dec. 31, 2010 Allowance for Doubtful Accounts [Member]		Dec. 31, 2013 Deferred Taxes [Member]		Dec. 31, 2012 Deferred Taxes [Member]		Dec. 31, 2011 Deferred Taxes [Member]		Dec. 31, 2013 Allowances for Sales Discounts [Member]		Dec. 31, 2012 Allowances for Sales Discounts [Member]		Dec. 31, 2010 Allowances for Sales Discounts [Member]
Balance at Beginning of Period	$ 60		$ 57				$ 215		$ 229		$ 287		$ 20		$ 21
Charged to Costs and Expenses	0		9		5		(11)		(18)		(51)		275		280		275
Charged to Other Accounts	(4)	[1]	0	[1]	(5)	[1]	0		0		0		(1)	[1]	0	[1]	0	[1]
Deductions	5	[2]	6	[2]	5	[2]	7	[3]	(4)	[3]	7	[3]	274	[4]	281	[4]	272	[4]
Balance at End of Period	$ 51		$ 60		$ 62		$ 197		$ 215		$ 229		$ 20		$ 20		$ 18

[1] Includes bad debt recoveries and the effects of changes in foreign currency exchange rates.

[2] Primarily uncollectible receivables written off.

[3] Represents the net currency effects of translating valuation allowances at current rates of exchange.

[4] Sales discounts allowed.

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Stock-Based Compensation (Narrative) (Details) (USD $) In Millions, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award
Shares of common stock available for grants	21.3
Recognition of stock-based compensation	$ 92	$ 67	$ 48
Deferred income tax benefits on stock-based compensation	35	20	15
Weighted-average fair value of options granted	$ 7.15	$ 3.25	$ 2.98
Excess tax benefits	50	50	15
Total fair value of restricted shares and restricted share units	$ 45	$ 101	$ 28
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Stock options term, years	10
Vesting percentage at the end of each of the first two 12 months period	30.00%
Vesting percentage at the end of third 12 months period	40.00%
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award
General vesting period	3 years
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award
Ultimately vested units range, minimum	0.00%
Ultimately vested units range, maximum	200.00%

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European Strategic Changes European Strategic Changes (Narrative) (Details) (European Strategic Changes [Member])	12 Months Ended
	Dec. 31, 2013
European Strategic Changes [Member]
Restructuring Cost and Reserve
Restructuring Activities for Manufacturing Facilities	5

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Acquisitions and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Carrying Amount of Goodwill

	Personal Care			Consumer Tissue			K-C Professional			Health Care			Total
Balance at December 31, 2011	$	769		$	694		$	443		$	1,434		$	3,340
Currency and other	(5		)	1			(1		)	2			(3		)
Balance at December 31, 2012	764			695			442			1,436			3,337
Acquisitions	6			—			—			3			9
Currency and other	(86		)	(54		)	(18		)	(7		)	(165		)
Balance at December 31, 2013	$	684		$	641		$	424		$	1,432		$	3,181

Other Intangible Assets

	2013				2012
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trademarks	$	252	$	163	$	253	$	156
Patents and developed technologies	201		85		158		64
Other	93		62		105		61
Total	$	546	$	310	$	516	$	281

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Debt (Tables)

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Long-term Debt

	Weighted- Average Interest Rate	Maturities	December 31
			2013		2012
Notes and debentures	5.2%	2014 - 2043	$	5,163	$	4,857
Dealer remarketable securities	4.2%	2014 - 2016	200		200
Industrial development revenue bonds	0.2%	2015 - 2034	261		261
Bank loans and other financings in various currencies	5.6%	2014 - 2025	74		508
Total long-term debt			5,698		5,826
Less current portion			312		756
Long-term portion			$	5,386	$	5,070

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Accounting Policies

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

Accounting Policies

    Accounting Policies

Basis of Presentation

The Consolidated Financial Statements present the accounts of Kimberly-Clark Corporation and all subsidiaries in which it has a controlling financial interest as if they were a single economic entity in conformity with accounting principles generally accepted in the United States of America ("GAAP"). All intercompany transactions and accounts are eliminated in consolidation. The terms "Corporation," "Kimberly-Clark," "we," "our," and "us" refer to Kimberly-Clark Corporation and all subsidiaries in which it has a controlling financial interest. Dollar amounts are reported in millions, except per share dollar amounts, unless otherwise noted.

Use of Estimates

The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses during the reporting periods. Actual results could differ from these estimates, and changes in these estimates are recorded when known. Estimates are used in accounting for, among other things, consumer and trade promotion and rebate accruals, pension and other postretirement benefits, future cash flows associated with impairment testing for goodwill and long-lived assets, and deferred tax assets and potential income tax assessments.

Cash Equivalents

Cash equivalents are short-term investments with an original maturity date of three months or less.

Inventories and Distribution Costs

Most U.S. inventories are valued at the lower of cost, using the Last-In, First-Out (LIFO) method, or market. The balance of the U.S. inventories and inventories of consolidated operations outside the U.S. are valued at the lower of cost, using either the First-In, First-Out (FIFO) or weighted-average cost methods, or market. Distribution costs are classified as cost of products sold.

Property and Depreciation

Property, plant and equipment are stated at cost and are depreciated on the straight-line method. Buildings are depreciated over their estimated useful lives, primarily 40 years. Machinery and equipment are depreciated over their estimated useful lives, primarily ranging from 16 to 20 years. Purchases of computer software, including external costs and certain internal costs (including payroll and payroll-related costs of employees) directly associated with developing significant computer software applications for internal use, are capitalized. Computer software costs are amortized on the straight-line method over the estimated useful life of the software, which generally does not exceed 5 years.

Estimated useful lives are periodically reviewed and, when warranted, changes are made to them. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. An impairment loss would be indicated when estimated undiscounted future cash flows from the use and eventual disposition of an asset group, which are identifiable and largely independent of the cash flows of other asset groups, are less than the carrying amount of the asset group. Measurement of an impairment loss would be based on the excess of the carrying amount of the asset group over its fair value. Fair value is measured using discounted cash flows or independent appraisals, as appropriate. When property is sold or retired, the cost of the property and the related accumulated depreciation are removed from the Consolidated Balance Sheet and any gain or loss on the transaction is included in income.

Goodwill and Other Intangible Assets

Goodwill represents costs in excess of fair values assigned to the underlying net assets of acquired businesses. Goodwill is not amortized, but rather is tested for impairment annually and whenever events and circumstances indicate that impairment may have occurred. During the third quarter of 2013, we changed the measurement date for our annual goodwill impairment test from the beginning of the fourth quarter to the beginning of the third quarter. This change did not result in the delay, acceleration or avoidance of an impairment charge. We believe this timing is preferable as it better aligns the goodwill impairment test with our strategic business planning process, which is a key component of the goodwill impairment test. The change was applied prospectively, as retrospective application would have been impractical because we are unable to objectively select assumptions that would have been used in previous periods without the benefit of hindsight.

Impairment testing compares the reporting unit carrying amount of goodwill with its fair value. Fair value is estimated based on discounted cash flows. If the reporting unit carrying amount of goodwill exceeds its fair value, an impairment charge would be recorded. We have completed the required annual testing of goodwill for impairment for all reporting units and have determined that goodwill is not impaired.

Intangible assets with finite lives are amortized over their estimated useful lives and are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. Estimated useful lives range from 2 to 30 years for trademarks, 5 to 17 years for patents and developed technologies, and 5 to 16 years for other intangible assets. An impairment loss would be indicated when estimated undiscounted future cash flows from the use of the asset are less than its carrying amount. An impairment loss would be measured as the difference between the fair value (based on discounted future cash flows) and the carrying amount of the asset.

Investments in Equity Companies

Investments in companies which we do not control but over which we have the ability to exercise significant influence and that, in general, are at least 20 percent-owned by us, are stated at cost plus equity in undistributed net income. These investments are evaluated for impairment when warranted. An impairment loss would be recorded whenever a decline in value of an equity investment below its carrying amount is determined to be other than temporary. In judging "other than temporary," we would consider the length of time and extent to which the fair value of the equity company investment has been less than the carrying amount, the near-term and longer-term operating and financial prospects of the equity company, and our longer-term intent of retaining the investment in the equity company.

Revenue Recognition

Sales revenue is recognized at the time of product shipment or delivery, depending on when title passes, to unaffiliated customers, and when all of the following have occurred: a firm sales agreement is in place, pricing is fixed or determinable, and collection is reasonably assured. Sales are reported net of returns, consumer and trade promotions, rebates and freight allowed. Taxes imposed by governmental authorities on our revenue-producing activities with customers, such as sales taxes and value-added taxes, are excluded from net sales.

Sales Incentives and Trade Promotion Allowances

The cost of promotion activities provided to customers is classified as a reduction in sales revenue. In addition, the estimated redemption value of consumer coupons is recorded at the time the coupons are issued and classified as a reduction in sales revenue. Estimates of trade promotion liabilities for promotional program costs incurred, but unpaid, are generally based on estimates of the quantity of customer sales, timing of promotional activities and forecasted costs for activities within the promotional programs.

Advertising Expense

Advertising costs are expensed in the year the related advertisement or campaign is first presented by the media. For interim reporting purposes, advertising expenses are charged to operations as a percentage of sales based on estimated sales and related advertising expense for the full year.

Research Expense

Research and development costs are charged to expense as incurred.

Environmental Expenditures

Environmental expenditures related to current operations that qualify as property, plant and equipment or which substantially increase the economic value or extend the useful life of an asset are capitalized, and all other environmental expenditures are expensed as incurred. Liabilities are recorded when environmental assessments and/or remedial efforts are probable and the costs can be reasonably estimated. Generally, the timing of these accruals coincides with completion of a feasibility study or a commitment to a formal plan of action. Liabilities for future expenditures for environmental remediation obligations are not discounted and do not reflect any anticipated recoveries from insurers.

Foreign Currency Translation

The income statements of foreign operations, other than those in highly inflationary economies, are translated into U.S. dollars at rates of exchange in effect each month. The balance sheets of these operations are translated at period-end exchange rates, and the differences from historical exchange rates are reflected in stockholders' equity as unrealized translation adjustments.

The income statements and balance sheets of operations in highly inflationary economies are translated into U.S. dollars using both current and historical rates of exchange. We account for our operations in Venezuela using highly inflationary accounting. On February 13, 2013, the Venezuelan government announced a devaluation of the Central Bank of Venezuela ("Central Bank") regulated currency exchange system rate to 6.3 bolivars per U.S. dollar and the elimination of the SITME rate. As a result of the devaluation, we recorded a $26 after tax charge ($36 pre-tax) related to the remeasurement of the local currency-denominated balance sheet to the new exchange rate in 2013. Prior to this devaluation, we used the Central Bank SITME rate of 5.4 bolivars per U.S. dollar to measure K-C Venezuela's bolivar-denominated transactions into U.S. dollars. The $36 pre-tax charge is reflected in the Consolidated Income Statement in other (income) and expense, net for the year ended December 31, 2013. In the Consolidated Cash Flow Statement, this non-cash charge is included in other in cash provided by operations.

At December 31, 2013, K-C Venezuela had a bolivar-denominated net monetary asset position of $309 and our net investment in K-C Venezuela was $445, both valued at 6.3 bolivars per U.S. dollar. Net sales of K-C Venezuela represented approximately2 percent of consolidated net sales for the years ended December 31, 2013 and 2012 and approximately 1 percent of consolidated net sales for the year ended December 31, 2011.

Derivative Instruments and Hedging

All derivative instruments are recorded as assets or liabilities on the balance sheet at fair value. Changes in the fair value of derivatives are either recorded in the income statement or other comprehensive income, as appropriate. The gain or loss on derivatives designated as fair value hedges and the offsetting loss or gain on the hedged item attributable to the hedged risk are included in income in the period that changes in fair value occur. The effective portion of the gain or loss on derivatives designated as cash flow hedges is included in other comprehensive income in the period that changes in fair value occur, and is reclassified to income in the same period that the hedged item affects income. The gain or loss on derivatives designated as hedges of investments in foreign subsidiaries is recognized in other comprehensive income to offset the change in value of the net investments being hedged. Any ineffective portion of cash flow hedges and net investment hedges is immediately recognized in income. Certain foreign-currency derivative instruments not designated as hedging instruments have been entered into to manage a portion of our foreign currency transactional exposures. The gain or loss on these derivatives is included in income in the period that changes in their fair values occur. Our policies allow the use of derivatives for risk management purposes and prohibit their use for speculation. Our policies also prohibit the use of any leveraged derivative instrument. Consistent with our policies, foreign currency derivative instruments, interest rate swaps and locks, and the majority of commodity hedging contracts are entered into with major financial institutions. At inception we formally designate certain derivatives as cash flow, fair value or net investment hedges and establish how the effectiveness of these hedges will be assessed and measured. This process links the derivatives to the transactions or financial balances they are hedging. Changes in the fair value of derivatives not designated as hedging instruments are recorded in earnings as they occur. See Note 14 for disclosures about derivative instruments and hedging activities.

New Accounting Standards

In February 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income ("AOCI"), an amendment to FASB Accounting Standards Codification Topic 220, Comprehensive Income. This update requires disclosure of amounts reclassified out of AOCI by component. In addition, an entity is required to present either on the face of the statement of operations or in the notes, significant amounts reclassified out of AOCI by the respective line items of net income but only if the amount reclassified is required to be reclassified to net income in its entirety in the same reporting period. For amounts not reclassified to net income in their entirety, an entity is required to cross-reference to other disclosures that provide additional detail about those amounts. We adopted ASU No. 2013-02 on January 1, 2013.

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Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2013

Share-based Compensation [Abstract]

Schedule of Assumptions Used to Estimate Weighted-Average Fair Value of Options Granted

	Year Ended December 31
	2013		2012		2011
Dividend yield	3.70	%	4.50	%	5.00	%
Volatility	15.40	%	12.86	%	12.54	%
Risk-free interest rate	0.87	%	1.08	%	2.26	%
Expected life—years	5.1		5.8		6.3

Schedule of Unrecognized Compensation Costs and Amortization Periods

	December 31, 2013		Weighted- Average Service Years
Nonvested stock options	$	8	1.0
Restricted shares and time-vested restricted share units	9		1.3
Nonvested performance-based restricted share units	58		1.4

Schedule of Stock-Based Compensation Activity

Stock Options	Shares (in thousands)		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at January 1, 2013	9,268		$	65.38
Granted	1,851		103.29
Exercised	(3,661	)	63.13
Forfeited or expired	(235	)	79.80
Outstanding at December 31, 2013	7,223		75.77		6.6	$	207
Exercisable at December 31, 2013	3,727		63.75		4.7	$	152

Schedule of Effect of Exercises of Stock Options

	Year Ended December 31
	2013		2012		2011
Cash received	$	232	$	565	$	435
Income tax benefit received	44		49		13
Intrinsic value	138		161		69

Schedule of Other Stock-Based Awards Activity

	Time-Vested Restricted Share Units				Performance-Based Restricted Share Units
Other Stock-Based Awards	Shares (in thousands)		Weighted- Average Grant-Date Fair Value		Shares (in thousands)		Weighted- Average Grant-Date Fair Value
Nonvested at January 1, 2013	324		$	75.24	2,187		$	67.41
Granted	75		89.29		713		100.42
Vested	(117	)	70.39		(294	)	62.72
Forfeited	(25	)	76.52		(523	)	64.75
Nonvested at December 31, 2013	257		81.38		2,083		79.98

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Income Taxes (Unrecognized Income Tax Benefits) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Tax Expense (Benefit) [Abstract]
Balance at January 1	$ 435	$ 558	$ 568
Gross increases for tax positions of prior years	73	30	17
Gross decreases for tax positions of prior years	(31)	(104)	(60)
Gross increases for tax positions of the current year	37	52	55
Settlements	(35)	(100)	(15)
Unrecognized Tax Benefits, Other	6	1	7
Balance at December 31	$ 473	$ 435	$ 558

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Supplemental Data (Tables)

12 Months Ended

Dec. 31, 2013

Supplemental Income Statement Data

	Year Ended December 31
	2013		2012		2011
Advertising expense	$	777	$	810	$	686
Research expense	360		356		316

Equity Method Investments Data

	Net Sales		Gross Profit		Operating Profit		Net Income		Corporation's Share of Net Income
2013	$	2,638	$	950	$	642	$	426	$	205
2012	2,514		864		567		368		176
2011	2,446		796		514		335		161
	Current Assets		Non- Current Assets		Current Liabilities		Non- Current Liabilities		Stockholders' Equity
2013	$	1,197	$	1,124	$	847	$	845	$	629
2012	1,054		1,068		712		837		573
2011	1,000		906		491		872		543

Supplemental Cash Flow Data

Summary of Cash Flow Effects of Decrease (Increase) in Operating Working Capital	Year Ended December 31
	2013			2012			2011
Accounts receivable	$	4		$	(38	)	$	(169	)
Inventories	100			9			9
Prepaid expenses	7			1			(19		)
Trade accounts payable	128			45			161
Accrued expenses	(177		)	133			(91		)
Accrued income taxes	(90		)	13			(107		)
Derivatives	5			(86		)	33
Currency	(135		)	42			(79		)
Total	$	(158	)	$	119		$	(262	)

	Year Ended December 31
Other Cash Flow Data	2013		2012		2011
Interest paid	$	307	$	299	$	273
Income taxes paid	776		451		463

Accounts Receivable, Net [Member]

Supplemental Balance Sheet Data

	December 31
Summary of Accounts Receivable, Net	2013			2012
From customers	$	2,345		$	2,346
Other	271			376
Less allowance for doubtful accounts and sales discounts	(71		)	(80		)
Total	$	2,545		$	2,642

Inventories [Member]

Supplemental Balance Sheet Data

	December 31
	2013								2012
Summary of Inventories by Major Class	LIFO			Non- LIFO		Total			LIFO			Non- LIFO		Total
At the lower of cost, determined on the FIFO or weighted-average cost methods, or market
Raw materials	$	143		$	319	$	462		$	148		$	346	$	494
Work in process	189			97		286			194			135		329
Finished goods	648			753		1,401			656			786		1,442
Supplies and other	—			326		326			—			314		314
	980			1,495		2,475			998			1,581		2,579
Excess of FIFO or weighted-average cost over LIFO cost	(242		)	—		(242		)	(231		)	—		(231		)
Total	$	738		$	1,495	$	2,233		$	767		$	1,581	$	2,348

Property, Plant and Equipment, Net [Member]

Supplemental Balance Sheet Data

	December 31
Summary of Property, Plant and Equipment, Net	2013			2012
Land	$	196		$	199
Buildings	2,776			2,732
Machinery and equipment	14,193			13,993
Construction in progress	515			732
	17,680			17,656
Less accumulated depreciation	(9,732		)	(9,561		)
Total	$	7,948		$	8,095

Accrued Liabilities [Member]

Supplemental Balance Sheet Data

	December 31
Summary of Accrued Expenses	2013		2012
Accrued advertising and promotion	$	355	$	372
Accrued salaries and wages	471		456
Accrued rebates	358		340
Accrued taxes - income and other	336		336
Other	540		740
Total	$	2,060	$	2,244

Other Cash Flow Data and Interest Expense [Member]

Supplemental Cash Flow Data

	Year Ended December 31
Other Cash Flow Data	2013		2012		2011
Interest paid	$	307	$	299	$	273
Income taxes paid	776		451		463

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Debt (Long-Term Debt) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Total long-term debt	$ 5,698	$ 5,826
Less current portion	312	756
Long-term portion	5,386	5,070
Notes and debentures
Weighted- Average Interest Rate	5.19%
Maturities (start)	Jan. 01, 2014
Maturities (end)	Dec. 31, 2043
Total long-term debt	5,163	4,857
Dealer remarketable securities
Weighted- Average Interest Rate	4.17%
Maturities (start)	Jan. 01, 2014
Maturities (end)	Dec. 31, 2016
Total long-term debt	200	200
Industrial development revenue bonds
Weighted- Average Interest Rate	0.24%
Maturities (start)	Jan. 01, 2014
Maturities (end)	Dec. 31, 2034
Total long-term debt	261	261
Bank Loans And Other Financings In Various Currencies [Member]
Weighted- Average Interest Rate	5.62%
Maturities (start)	Jan. 01, 2014
Maturities (end)	Dec. 31, 2025
Total long-term debt	$ 74	$ 508

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Accumulated Other Comprehensive Income (Change in Components of Accumulated Other Comprehensive Income Attributable to Kimberly-Clark (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Unrealized Translation - Beginning balance	$ (26)	$ (221)
Cash flow hedge and other - Beginning balance	(52)	(36)
Other comprehensive income/(loss) before reclassifications	(499)	195
(Income)/loss reclassified from AOCI	0	0
Other comprehensive income/(loss) before reclassifications	24	(13)
Income/loss reclassified from AOCI	(6)	(3)
Unrealized currency translation adjustments	(494)	215	(249)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	(302)	377	134
Unrealized Translation - Ending balance	(525)	(26)	(221)
Cash flow hedge and other - Ending balance	(34)	(52)	(36)
Other	17	(16)	(30)
Parent [Member]
Unrealized currency translation adjustments	(499)	195	(236)
Other	18	(16)
Defined Benefit Pension [Member]
Defined benefit and other postretirement benefit plans - Beginning balance	1,928	1,578
Other comprehensive income/(loss) before reclassifications	218	(407)
(Income)/loss reclassified from AOCI	42	57
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	260	(350)	(132)
Defined benefit and other postretirement benefit plans - Ending balance	1,668	1,928	1,578
Defined Benefit Pension [Member] | Parent [Member]
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	(260)	350
Other Postretirement Benefit Plans, Defined Benefit [Member]
Defined benefit and other postretirement benefit plans - Beginning balance	53	31
Other comprehensive income/(loss) before reclassifications	36	(20)
(Income)/loss reclassified from AOCI	2	(2)
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	38	(22)	(1)
Defined benefit and other postretirement benefit plans - Ending balance	15	53	31
Other Postretirement Benefit Plans, Defined Benefit [Member] | Parent [Member]
Other Comprehensive Income (Loss), Pension and Other Postretirement Benefit Plans, Adjustment, Net of Tax	$ (38)	$ 22

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Consolidated Income Statement (USD $) In Millions, except Per Share data, unless otherwise specified	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Income Statement [Abstract]
Net Sales	$ 21,152	[1]	$ 21,063	[1]	$ 20,846	[1]
Cost of products sold	13,912		14,314		14,694
Gross Profit	7,240		6,749		6,152
Marketing, research and general expenses	4,028		4,069		3,761
Other (income) and expense, net	4		(6)		(51)
Operating Profit	3,208		2,686		2,442
Interest income	20		18		18
Interest expense	(283)		(284)		(277)
Income Before Income Taxes and Equity Interests	2,945		2,420		2,183
Provision for income taxes	(929)		(768)		(660)
Income Before Equity Interests	2,016		1,652		1,523
Share of net income of equity companies	205		176		161
Net Income	2,221		1,828		1,684
Net income attributable to noncontrolling interests	(79)		(78)		(93)
Net Income Attributable to Kimberly-Clark Corporation	$ 2,142		$ 1,750		$ 1,591
Per Share Basis
Basic	$ 5.58		$ 4.45		$ 4.02
Diluted	$ 5.53		$ 4.42		$ 3.99
Cash Dividends Declared	$ 3.24		$ 2.96		$ 2.80

[1] Net sales in the United States to third parties totaled $9,783, $9,720 and $9,715 in 2013, 2012 and 2011, respectively.

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European Strategic Changes European Strategic Changes - Charges Incurred (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs		$ 434
European Strategic Changes [Member]
Restructuring Cost and Reserve
Net charges	66	242
European Strategic Changes [Member] | Cost of Sales [Member]
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs	54	250
European Strategic Changes [Member] | Charges for workforce reductions and other exit costs included in marketing, research and general expenses and other (income) and expense, net
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs	27	49
European Strategic Changes [Member] | Provision for income taxes
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs	(15)	(57)
European Strategic Changes [Member] | Asset impairments | Cost of Sales [Member]
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs	22	147
European Strategic Changes [Member] | Charges for workforce reductions | Cost of Sales [Member]
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs	10	77
European Strategic Changes [Member] | Asset write-offs | Cost of Sales [Member]
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs	13	10
European Strategic Changes [Member] | Incremental depreciation | Cost of Sales [Member]
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs	18	8
European Strategic Changes [Member] | Benefit from pension curtailment | Cost of Sales [Member]
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs	(31)	0
European Strategic Changes [Member] | Other exit costs | Cost of Sales [Member]
Restructuring Cost and Reserve
Charges for workforce reductions and other exit costs	$ 22	$ 8

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Supplemental Data Supplemental Data (Summary of Property, Plant and Equipment, Net) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Supplemental Data
Land	$ 196	$ 199
Buildings	2,776	2,732
Machinery and Equipment	14,193	13,993
Construction in Progress	515	732
Total before accumulated depreciation	17,680	17,656
Less accumulated depreciation	(9,732)	(9,561)
Total	$ 7,948	$ 8,095

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Consolidated Statement of Stockholders' Equity (USD $) In Millions, except Share data in Thousands, unless otherwise specified	Total	Common Stock Issued [Member]	Additional Paid-in Capital [Member]	Treasury Stock [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Noncontrolling Interests [Member]
Beginning Balance at Dec. 31, 2010		$ 598	$ 425	$ (4,726)	$ 11,086	$ (1,466)	$ 285
Beginning Balance (in shares) at Dec. 31, 2010		478,597
Treasury Stock, Shares	32,937
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income in stockholders' equity	1,684				1,591
Net income in stockholders' equity							39
Other comprehensive income, net of tax
Unrealized translation	(249)					(236)	(13)
Employee postretirement benefits	134					(133)	(1)
Other	(30)					(31)	1
Stock-based awards exercised or vested			(47)	490
Stock-based awards exercised or vested (in shares)				(7,924)
Income tax benefits on stock-based compensation			10
Shares repurchased (in shares)				19,120
Shares repurchased				(1,247)
Shares retired (in shares)		(50,000)		(50,000)
Shares retired		(62)		3,378	(3,316)
Recognition of stock-based compensation	48		48
Dividends declared					(1,107)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders							29
Other			4	0	(10)		(2)
Ending Balance at Dec. 31, 2011		536	440	(2,105)	8,244	(1,866)	280
Ending Balance (in shares) at Dec. 31, 2011		428,597
Treasury Stock, Shares	39,322
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income in stockholders' equity	1,828				1,750
Net income in stockholders' equity							47
Other comprehensive income, net of tax
Unrealized translation	215					195	20
Employee postretirement benefits	377					(372)	(5)
Other	(16)					(16)	0
Stock-based awards exercised or vested			(78)	643
Stock-based awards exercised or vested (in shares)				(10,492)
Income tax benefits on stock-based compensation			43
Shares repurchased (in shares)				16,877
Shares repurchased				(1,333)
Recognition of stock-based compensation	67		67
Dividends declared					(1,163)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders							38
Other			9	(1)	(8)		(2)
Ending Balance at Dec. 31, 2012	5,287	536	481	(2,796)	8,823	(2,059)	302
Ending Balance (in shares) at Dec. 31, 2012		428,597
Treasury Stock, Shares	47,798
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income in stockholders' equity	2,221				2,142
Net income in stockholders' equity							48
Other comprehensive income, net of tax
Unrealized translation	(494)					(499)	5
Employee postretirement benefits	(302)					298	4
Other	17					18	(1)
Stock-based awards exercised or vested			(33)	264
Stock-based awards exercised or vested (in shares)				(4,108)
Income tax benefits on stock-based compensation			46
Shares repurchased (in shares)				12,584
Shares repurchased				(1,214)
Recognition of stock-based compensation	92		92
Dividends declared					(1,244)
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders							39
Other			8	0	(7)		(35)
Ending Balance at Dec. 31, 2013	$ 5,140	$ 536	$ 594	$ (3,746)	$ 9,714	$ (2,242)	$ 284
Ending Balance (in shares) at Dec. 31, 2013		428,597

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Supplemental Data Supplemental Data (Summary of Accounts Receivable, Net) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Supplemental Data (Millions of dollars) [Abstract]
From Customers	$ 2,345	$ 2,346
Other	271	376
Less allowance for doubtful accounts and sales discounts	(71)	(80)
Total	$ 2,545	$ 2,642

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Stock-Based Compensation (Schedule of Stock-Based Compensation Activity) (Details) (USD $) In Millions, except Share data in Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2013
Share-based Compensation [Abstract]
Outstanding at January 1, 2013	9,268
Granted	1,851
Exercised	(3,661)
Forfeited or expired	(235)
Outstanding at December 31, 2013	7,223
Exercisable at December 31, 2013	3,727
Outstanding at January 1, Weighted-Average Exercise Price	$ 65.38
Granted, Weighted-Average Exercise Price	$ 103.29
Exercised, Weighted-Average Exercise Price	$ 63.13
Forfeited or expired, Weighted-Average Exercise Price	$ 79.80
Outstanding at December 31, Weighted-Average Exercise Price	$ 75.77
Exercisable at December 31, Weighted-Average Exercise Price	$ 63.75
Outstanding at December 31, Weighted-Average Remaining Contractual Term	6 years 7 months 6 days
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Remaining Contractual Term	4 years 8 months 12 days
Outstanding at December 31, Aggregate Intrinsic Value	$ 207
Exercisable at December 31, Aggregate Intrinsic Value	$ 152

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Supplemental Data (Other Cash Flow Data and Interest Expense) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Supplemental Data
Interest paid	$ 307	$ 299	$ 273
Income Taxes Paid	$ 776	$ 451	$ 463

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Leases and Commitments (Tables)

12 Months Ended

Dec. 31, 2013

Leases and Commitments

Future Minimum Obligations under Operating Leases

	Year Ending December 31
2014	$	189
2015	155
2016	124
2017	113
2018	76
Thereafter	107
Future minimum obligations	$	764

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Employee Postretirement Benefits (Pension Plans with an ABO in Excess of Plan Assets) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Fair value of plan assets	$ 5,163	$ 5,335
ABO in Excess of Plan Assets [Member]
PBO	5,722	6,558
ABO	$ 5,622	$ 6,440

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Income Taxes

12 Months Ended

Dec. 31, 2013

Income Tax Expense (Benefit) [Abstract]

Income Taxes

    Income Taxes

An analysis of the provision for income taxes follows:

	Year Ended December 31
	2013		2012			2011
Current income taxes
United States	$	350	$	182		$	43
State	110		30			32
Other countries	318		332			311
Total	778		544			386
Deferred income taxes
United States	85		204			254
State	14		34			29
Other countries	52		(14		)	(9		)
Total	151		224			274
Total provision for income taxes	$	929	$	768		$	660

Income before income taxes is earned in the following tax jurisdictions:

	Year Ended December 31
	2013		2012		2011
United States	$	1,764	$	1,415	$	1,317
Other countries	1,181		1,005		866
Total income before income taxes	$	2,945	$	2,420	$	2,183

Deferred income tax assets and liabilities are composed of the following:

	December 31
	2013			2012
Deferred tax assets
Pension and other postretirement benefits	$	728		$	972
Tax credits and loss carryforwards	604			729
Property, plant and equipment, net	104			110
Other	516			492
	1,952			2,303
Valuation allowance	(197		)	(215		)
Total deferred assets	1,755			2,088
Deferred tax liabilities
Pension and other postretirement benefits	259			269
Property, plant and equipment, net	1,244			1,228
Installment sales	6			120
Investments in subsidiaries	205			108
Other	390			385
Total deferred tax liabilities	2,104			2,110
Net deferred tax assets (liabilities)	$	(349	)	$	(22	)

Valuation allowances at the end of 2013 primarily relate to tax credits and income tax loss carryforwards of $1.0 billion. If these items are not utilized against taxable income, $368 of the loss carryforwards will expire from 2014 through 2031. The remaining $654 have no expiration date.

Realization of income tax loss carryforwards is dependent on generating sufficient taxable income prior to expiration of these carryforwards. Although realization is not assured, we believe it is more likely than not that all of the deferred tax assets, net of applicable valuation allowances, will be realized. The amount of the deferred tax assets considered realizable could be reduced or increased due to changes in the tax environment or if estimates of future taxable income change during the carryforward period.

Presented below is a reconciliation of the income tax provision computed at the U.S. federal statutory tax rate to the actual effective tax rate:

	Year Ended December 31
	2013		2012		2011
U.S. statutory rate applied to income before income taxes	35.0	%	35.0	%	35.0	%
Rate of state income taxes, net of federal tax benefit	2.7		1.7		1.8
Statutory rates other than U.S. statutory rate	(2.9	)	(2.8	)	(2.3	)
Other - net(a)	(3.3	)	(2.2	)	(4.3	)
Effective income tax rate	31.5	%	31.7	%	30.2	%

(a) Other - net is comprised of numerous items, none of which is greater than 1.75 percent of income before income taxes.

At December 31, 2013, U.S. income taxes and foreign withholding taxes have not been provided on $9.8 billion of unremitted earnings of subsidiaries operating outside the U.S. These earnings, which are considered to be invested indefinitely, would become subject to income tax if they were remitted as dividends, were lent to one of our U.S. entities, or if we were to sell our stock in the subsidiaries. Determination of the amount of unrecognized deferred U.S. income tax liability on these unremitted earnings is not practicable because of the complexities associated with this hypothetical calculation. We do not expect restrictions or taxes on repatriation of cash held outside of the United States to have a material effect on our overall liquidity, financial condition or results of operations in the foreseeable future.

Presented below is a reconciliation of the beginning and ending amounts of unrecognized income tax benefits:

	2013			2012			2011
Balance at January 1	$	435		$	558		$	568
Gross increases for tax positions of prior years	73			30			17
Gross decreases for tax positions of prior years	(31		)	(104		)	(60		)
Gross increases for tax positions of the current year	37			52			55
Settlements	(35		)	(100		)	(15		)
Other	(6		)	(1		)	(7		)
Balance at December 31	$	473		$	435		$	558

Of the amounts recorded as unrecognized tax benefits at December 31, 2013, $309 would reduce our effective tax rate if recognized.

We recognize accrued interest and penalties related to unrecognized tax benefits in income tax expense. During the years ended December 31, 2013, 2012 and 2011, the net cost in interest and penalties was not significant. Total accrued penalties and net accrued interest was $42 and $47 at December 31, 2013 and 2012, respectively.

It is reasonably possible that a number of uncertainties could be resolved within the next 12 months, the most significant of which involves tax credits. It is reasonably possible the aggregate resolution of the uncertainties could be up to $180, while none of the uncertainties is individually significant. Resolution of these matters is not expected to have a material effect on our financial condition, results of operations or liquidity.

As of December 31, 2013, the following tax years remain subject to examination for the major jurisdictions where we conduct business:

Jurisdiction	Years
United States	2010 to 2013
United Kingdom	2012 to 2013
Canada	2010 to 2013
Korea	2008 to 2013
Australia	2009 to 2013

Our U.S. federal income tax returns have been audited through 2009. We have various federal income tax return positions in administrative appeals or litigation for 1999 to 2009.

State income tax returns are generally subject to examination for a period of 3 to 5 years after filing of the respective return. The state effect of any changes to filed federal positions remains subject to examination by various states for a period of up to two years after formal notification to the states. We have various state income tax return positions in the process of examination, administrative appeals or litigation.

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Objectives and Strategies for Using Derivatives (Tables)

12 Months Ended

Dec. 31, 2013

Objectives and Strategies for Using Derivatives

Schedule of Fair Value of all Derivative Instruments

	Assets				Liabilities
	2013		2012		2013		2012
Foreign currency exchange contracts	$	34	$	52	$	49	$	17
Interest rate contracts	22		7		—		43
Commodity price contracts	6		2		—		3
Total	$	62	$	61	$	49	$	63

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Supplemental Data Supplemental Data (Summary of Cash Flow Effects of Decrease (Increase) in Operating Working Capital) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Accounts Receivable	$ 4	$ (38)	$ (169)
Inventories	100	9	9
Prepaid Expenses	7	1	(19)
Trade Accounts Payable	128	45	161
Accrued Expenses	(177)	133	(91)
Accrued Income Taxes	(90)	13	(107)
Derivatives	5	(86)	33
Currency	(135)	42	(79)
Decrease (increase) in operating working capital	$ (158)	$ 119	$ (262)

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Description of Business Segments

12 Months Ended

Dec. 31, 2013

Description of Business Segments

Description of Business Segments

Business Segment Information

We are organized into operating segments based on product groupings. These operating segments have been aggregated into four reportable global business segments: Personal Care, Consumer Tissue, KCP and Health Care. The reportable segments were determined in accordance with how our executive managers develop and execute global strategies to drive growth and profitability. These strategies include global plans for branding and product positioning, technology, research and development programs, cost reductions including supply chain management, and capacity and capital investments for each of these businesses. Segment management is evaluated on several factors, including operating profit. Segment operating profit excludes other (income) and expense, net and income and expense not associated with the business segments, including the charges related to the European strategic changes and the pulp and tissue restructuring actions described in Notes 3 and 4, respectively.

The principal sources of revenue in each global business segment are described below:

• Personal Care brands offer parents a trusted partner in caring for their families and deliver confidence, protection and discretion to adults 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 helps transform workplaces for employees and patrons, making them healthier, safer and more productive, through a range of solutions and supporting products such as apparel, wipers, soaps, sanitizers, tissue and towels.  Key brands in this segment include Kleenex, Scott, WypAll, Kimtech and JacksonSafety. 

• Health Care provides essentials that help restore patients to better health and improve the quality of patients' lives. This segment offers surgical and infection prevention products for the operating room, and a portfolio of innovative medical devices focused on pain management, respiratory and digestive health. This business is a global leader in education to prevent healthcare-associated infections. Products are sold primarily under the Kimberly-Clark and ON-Q brand names. As described in Note 2, our Board of Directors has authorized management to pursue a potential tax-free spin-off of our health care business, with a current target to complete the spin-off by the end of the third quarter of 2014.

Net sales to Wal-Mart Stores, Inc. were approximately 12 percent in 2013, 2012 and 2011.

Information concerning consolidated operations by business segment is presented in the following tables:

Consolidated Operations by Business Segment

	Personal Care		Consumer Tissue		K-C Professional		Health Care		Corporate & Other				Consolidated Total
Net Sales(a)
2013	$	9,536	$	6,637	$	3,323	$	1,618	$	38			$	21,152
2012	9,576		6,527		3,283		1,622		55				21,063
2011	9,128		6,770		3,294		1,606		48				20,846
Operating Profit(b)
2013	1,698		988		608		230		(316		)	(c)	3,208
2012	1,660		887		545		229		(635		)	(c)	2,686
2011	1,526		775		487		219		(565		)	(c)	2,442
Depreciation and Amortization
2013	332		318		138		71		4				863
2012	315		331		141		59		11				857
2011	296		541		187		55		12				1,091
Assets
2013	6,623		5,483		2,431		2,370		2,012				18,919
2012	7,014		5,531		2,739		2,531		2,058				19,873
2011	6,582		5,685		2,783		2,529		1,794				19,373
Capital Spending
2013	461		328		118		44		2				953
2012	551		352		116		42		32				1,093
2011	543		255		114		53		3				968

(a) Net sales in the United States to third parties totaled $9,783, $9,720 and $9,715 in 2013, 2012 and 2011, 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 the following charges:

	Year Ended December 31
	2013		2012						2011
	European Strategic Changes		European Strategic Changes		Pulp and Tissue Restructuring Actions		Total		Pulp and Tissue Restructuring Actions
Personal Care	$	36	$	213	$	—	$	213	$	—
Consumer Tissue	27		66		125		191		357
K-C Professional	13		20		9		29		56
Other (income) and expense, net	5		—		1		1		2
Total	$	81	$	299	$	135	$	434	$	415

In addition, Corporate and Other for the year ended December 31, 2013 includes a pre-tax charge of $36 related to the devaluation of the Venezuelan bolivar and for the year ended December 31, 2011 includes a non-deductible business tax charge of $32 related to a law change in Colombia.

Sales of Principal Products

(Billions of dollars)	2013		2012		2011
Consumer tissue products	$	6.6	$	6.5	$	6.7
Baby and child care products	7.0		7.1		6.8
Away-from-home professional products	3.3		3.3		3.3
All other	4.3		4.2		4.0
Consolidated	$	21.2	$	21.1	$	20.8

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Employee Postretirement Benefits (Pension Plan Assets of the Principal Plans Measured at fair value) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2011 Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2013 Principal Plans [Member]	Dec. 31, 2012 Principal Plans [Member]	Dec. 31, 2013 Principal Plans [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2012 Principal Plans [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2013 Principal Plans [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2012 Principal Plans [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2013 Principal Plans [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2012 Principal Plans [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. Equity [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. Equity [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. Equity [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. Equity [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. Equity [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. Equity [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. Equity [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. Equity [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. Equity [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. Equity [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. Equity [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. Equity [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Non-U.S. Equity [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Non-U.S. Equity [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Non-U.S. Equity [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Non-U.S. Equity [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Non-U.S. Equity [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Non-U.S. Equity [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Non-U.S. Equity [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Non-U.S. Equity [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] International Bonds [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] International Bonds [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] International Bonds [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] International Bonds [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] International Bonds [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] International Bonds [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] International Bonds [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] International Bonds [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. securitized fixed income [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. securitized fixed income [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. securitized fixed income [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. securitized fixed income [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. securitized fixed income [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. securitized fixed income [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. securitized fixed income [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. securitized fixed income [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2013 Principal Plans [Member] Cash and Cash Equivalents [Member]	Dec. 31, 2012 Principal Plans [Member] Cash and Cash Equivalents [Member]	Dec. 31, 2013 Principal Plans [Member] Cash and Cash Equivalents [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Cash and Cash Equivalents [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2012 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2013 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2012 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2013 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2012 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2013 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Cash and Cash Equivalents [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. government and municipals [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. government and municipals [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. government and municipals [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. government and municipals [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. government and municipals [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. government and municipals [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. government and municipals [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. government and municipals [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. government and municipals [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. government and municipals [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. government and municipals [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. government and municipals [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. corporate debt [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. corporate debt [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. corporate debt [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. corporate debt [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2013 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] U.S. corporate debt [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Multi-sector [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Multi-sector [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Multi-sector [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Multi-sector [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Multi-sector [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Multi-sector [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Multi-sector [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Multi-sector [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] International Equity [Member]	Dec. 31, 2012 Principal Plans [Member] International Equity [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2012 Principal Plans [Member] International Equity [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2012 Principal Plans [Member] International Equity [Member] Fair Value, Inputs, Level 3 [Member]	Dec. 31, 2013 Principal Plans [Member] Global equity [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Global equity [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Global equity [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Global equity [Member] Fair Value, Inputs, Level 1 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Global equity [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Global equity [Member] Fair Value, Inputs, Level 2 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Global equity [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2012 Principal Plans [Member] Global equity [Member] Fair Value, Inputs, Level 3 [Member] Mutual and Pooled Funds [Member]	Dec. 31, 2013 Principal Plans [Member] Insurance Contract [Member]	Dec. 31, 2013 Principal Plans [Member] Insurance Contract [Member] Fair Value, Inputs, Level 1 [Member]	Dec. 31, 2013 Principal Plans [Member] Insurance Contract [Member] Fair Value, Inputs, Level 2 [Member]	Dec. 31, 2013 Principal Plans [Member] Insurance Contract [Member] Fair Value, Inputs, Level 3 [Member]
Fair value of plan assets	$ 1	$ 5,205	$ 5,063	$ 146	$ 203	$ 5,029	$ 4,860	$ 30	$ 0	$ 1	$ 4	$ 678	$ 1	$ 4	$ 3	$ 0	$ 0	$ 675	$ 0	$ 0	$ 0	$ 123	$ 925	$ 1	$ 1	$ 122	$ 924	$ 0	$ 0	$ 1,089	$ 920	$ 0	$ 0	$ 1,089	$ 920	$ 0	$ 0	$ 8	$ 3	$ 0	$ 0	$ 8	$ 3	$ 0	$ 0	$ 33	$ 23	$ 173	$ 143	$ 33	$ 23	$ 34	$ 0	$ 0	$ 0	$ 139	$ 143	$ 0	$ 0	$ 0	$ 0	$ 211	$ 132	$ 490	$ 71	$ 31	$ 0	$ 140	$ 101	$ 490	$ 0	$ 0	$ 0	$ 1,654	$ 1,112	$ 186	$ 199	$ 0	$ 0	$ 0	$ 0	$ 1,654	$ 1,112	$ 186	$ 199	$ 0	$ 0	$ 0	$ 0	$ 2	$ 2	$ 2	$ 2	$ 0	$ 0	$ 0	$ 0	$ 143	$ 143	$ 0	$ 0	$ 1,691	$ 293	$ 0	$ 0	$ 1,691	$ 293	$ 0	$ 0	$ 30	$ 0	$ 0	$ 30

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Consolidated Cash Flow Statement (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Operating Activities
Net income	$ 2,221	$ 1,828	$ 1,684
Depreciation and amortization	863	857	1,091
Asset impairments	45	171	58
Recognition of stock-based compensation	92	67	48
Deferred income taxes	151	224	274
Net (gains) losses on asset dispositions	11	35	(6)
Equity companies' earnings in excess of dividends paid	(36)	(27)	(23)
(Increase) decrease in operating working capital	(158)	119	(262)
Postretirement benefits	(158)	7	(574)
Other	9	7	(2)
Cash Provided by Operations	3,040	3,288	2,288
Investing Activities
Capital spending	(953)	(1,093)	(968)
Acquisitions of businesses	(32)	(5)	0
Proceeds from dispositions of property	129	9	51
Proceeds from sales of investments	26	23	28
Investments in time deposits	(93)	(212)	(158)
Maturities of time deposits	94	95	141
Proceeds from maturity of note receivable	0	0	220
Other	(15)	(1)	5
Cash Used for Investing	(844)	(1,184)	(681)
Financing Activities
Cash dividends paid	(1,223)	(1,151)	(1,099)
Change in short-term borrowings	(287)	271	13
Debt proceeds	890	315	839
Debt repayments	(544)	(492)	(107)
Redemption of redeemable preferred securities of subsidiary	0	0	(500)
Cash paid on redeemable preferred securities of subsidiary	(27)	(28)	(57)
Proceeds from exercise of stock options	232	565	435
Acquisitions of common stock for the treasury	(1,216)	(1,284)	(1,246)
Other	(10)	2	(19)
Cash Used for Financing	(2,185)	(1,802)	(1,741)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	(63)	40	22
Increase (Decrease) in Cash and Cash Equivalents	(52)	342	(112)
Cash and Cash Equivalents - Beginning of Year	1,106	764	876
Cash and Cash Equivalents - End of Year	$ 1,054	$ 1,106	$ 764

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Consolidated Statement of Comprehensive Income (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Statement of Other Comprehensive Income [Abstract]
Net income	$ 2,221	$ 1,828	$ 1,684
Other Comprehensive Income, Net of Tax:
Unrealized currency translation adjustments	(494)	215	(249)
Employee postretirement benefits	302	(377)	(134)
Other	17	(16)	(30)
Total Other Comprehensive Income (Loss), Net of Tax	(175)	(178)	(413)
Comprehensive Income	2,046	1,650	1,271
Comprehensive income attributable to noncontrolling interests	(87)	(93)	(80)
Comprehensive Income Attributable to Kimberly-Clark Corporation	$ 1,959	$ 1,557	$ 1,191

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Employee Postretirement Benefits

12 Months Ended

Dec. 31, 2013

Defined Benefit Pension Plans and Defined Benefit Postretirement Plans Disclosure [Abstract]

Employee Postretirement Benefits

Employee Postretirement Benefits

Pension Plans

Substantially all regular employees in North America and the United Kingdom are covered by defined benefit pension plans (the "Principal Plans") and/or defined contribution retirement plans. Certain other subsidiaries have defined benefit pension plans or, in certain countries, termination pay plans covering substantially all regular employees. The funding policy for our qualified defined benefit pension plans is to contribute assets at least equal in amount to regulatory minimum requirements. Nonqualified U.S. plans providing pension benefits in excess of limitations imposed by the U.S. income tax code are not funded.

Other Postretirement Benefit Plans

Substantially all U.S. retirees and employees have access to our unfunded healthcare and life insurance benefit plans. The annual increase in the consolidated weighted-average healthcare cost trend rate is expected to be 6.2 percent in 2014 and to decline to 5.0 percent in 2022 and thereafter. Assumed healthcare cost trend rates affect the amounts reported for postretirement healthcare benefit plans. A one-percentage-point change in assumed healthcare trend rates would not have a significant effect.

Summarized financial information about postretirement plans, excluding defined contribution retirement plans, is presented below:

	Pension Benefits						Other Benefits
	Year Ended December 31
	2013			2012			2013			2012
Change in Benefit Obligation
Benefit obligation at beginning of year	$	6,590		$	5,920		$	824		$	788
Service cost	53			45			17			15
Interest cost	257			279			32			36
Actuarial loss (gain)	(422		)	854			(60		)	37
Currency and other	47			79			—			3
Benefit payments from plans	(343		)	(478		)	—			—
Direct benefit payments	(13		)	(14		)	(52		)	(55		)
Curtailment and settlements	(5		)	(95		)	—			—
Benefit obligation at end of year	6,164			6,590			761			824
Change in Plan Assets
Fair value of plan assets at beginning of year	5,375			5,214			—			—
Actual return on plan assets	268			556			—			—
Employer contributions	220			110			—			—
Currency and other	47			60			—			—
Benefit payments	(343		)	(478		)	—			—
Settlements	—			(87		)	—			—
Fair value of plan assets at end of year	5,567			5,375			—			—
Funded Status	$	(597	)	$	(1,215	)	$	(761	)	$	(824	)
Amounts Recognized in the Balance Sheet
Noncurrent asset—prepaid benefit cost	$	9		$	8		$	—		$	—
Current liability—accrued benefit cost	(12		)	(12		)	(56		)	(56		)
Noncurrent liability—accrued benefit cost	(594		)	(1,211		)	(705		)	(768		)
Net amount recognized	$	(597	)	$	(1,215	)	$	(761	)	$	(824	)

During 2012, we offered a lump-sum distribution to certain participants in our U.S. plan. Included in pension benefit payments from plans in 2012 is $116 related to participants electing the lump-sum option, which was not sufficient to trigger a settlement charge for our U.S. plan.

Information for the Principal Plans and All Other Pension Plans

	Principal Plans				All Other Pension Plans				Total
	Year Ended December 31
	2013		2012		2013		2012		2013		2012
Projected benefit obligation (“PBO”)	$	5,640	$	6,071	$	524	$	519	$	6,164	$	6,590
Accumulated benefit obligation (“ABO”)	5,555		6,049		439		420		5,994		6,469
Fair value of plan assets	5,205		5,063		362		312		5,567		5,375

The PBO and fair value of plan assets for the Principal Plans include $3,866 and $3,565, respectively, related to the U.S. qualified and nonqualified pension plans as of December 31, 2013. The PBO and fair value of plan assets for the Principal Plans include $4,375 and $3,553, respectively, related to the U.S. qualified and nonqualified pension plans as of December 31, 2012.

Information for Pension Plans with an ABO in Excess of Plan Assets

	December 31
	2013		2012
PBO	$	5,722	$	6,558
ABO	5,622		6,440
Fair value of plan assets	5,163		5,335

Components of Net Periodic Benefit Cost

	Pension Benefits									Other Benefits
	Year Ended December 31
	2013			2012			2011			2013			2012			2011
Service cost	$	53		$	45		$	57		$	17		$	15		$	14
Interest cost	257			279			307			32			36			41
Expected return on plan assets(a)	(331		)	(329		)	(345		)	—			—			—
Recognized net actuarial loss	120			111			94			3			1			—
Curtailment and settlements	(31		)	20			—			—			—			—
Other	1			(4		)	6			(2		)	(1		)	1
Net periodic benefit cost	$	69		$	122		$	119		$	50		$	51		$	56

^(a)  The expected return on plan assets is determined by multiplying the fair value of plan assets at the remeasurement date, typically the prior year-end, and adjusted for estimated current year cash benefit payments and contributions, by the expected long-term rate of return.

Weighted-Average Assumptions Used to Determine Net Cost for Years Ended December 31

	Pension Benefits						Other Benefits
	2013		2012		2011		2013		2012		2011
Discount rate	4.04	%	4.87	%	5.51	%	3.97	%	4.70	%	5.44	%
Expected long-term return on plan assets	6.26	%	6.49	%	7.14	%	—		—		—
Rate of compensation increase	2.73	%	2.91	%	4.05	%	—		—		—

Weighted-Average Assumptions Used to Determine Benefit Obligations at December 31

	Pension Benefits				Other Benefits
	2013		2012		2013		2012
Discount rate	4.66	%	4.04	%	4.97	%	3.97	%
Rate of compensation increase	2.67	%	2.73	%	—		—

Investment Strategies for the Principal Plans

Strategic asset allocation decisions are made considering several risk factors, including plan participants' retirement benefit security, the estimated payments of the associated liabilities, the plan funded status, and Kimberly-Clark's financial condition. The resulting strategic asset allocation is a diversified blend of equity and fixed income investments. Equity investments are typically diversified across geographies and market capitalization. Fixed income investments are diversified across multiple sectors including government issues and corporate debt instruments with a portfolio duration that is consistent with the estimated payment of the associated liability. Actual asset allocation is regularly reviewed and periodically rebalanced to the strategic allocation when considered appropriate. Our 2014 target plan asset allocation for the Principal Plans is 70 percent fixed income securities and 30 percent equity securities.

The expected long-term rate of return is evaluated on an annual basis. In setting this assumption, we consider a number of factors including projected future returns by asset class relative to the current asset allocation. The weighted-average expected long-term rate of return on pension fund assets used to calculate pension expense for the Principal Plans was 6.43 percent in 2013 compared with 6.68 percent in 2012 and will be 6.16 percent in 2014.

Set forth below are the pension plan assets of the Principal Plans measured at fair value, by level in the fair-value hierarchy:

	Fair Value Measurements at December 31, 2013
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and Cash Equivalents
Held directly	$	33	$	33	$	—	$	—
Held through mutual and pooled funds	173		34		139		—
Fixed Income
Held directly
U.S. government and municipals	211		71		140		—
U.S. corporate debt	1,654		—		1,654		—
U.S. securitized fixed income	8		—		8		—
Held through mutual and pooled funds
U.S. corporate debt	186		—		186		—
International bonds	1,089		—		1,089		—
Multi-sector	2		2		—		—
Equity
Held directly
U.S. equity	1		1		—		—
Held through mutual and pooled funds
U.S. equity	4		4		—		—
Non-U.S. equity	123		1		122		—
Global equity	1,691		—		1,691		—
Insurance Contract	30		—		—		30
Total Plan Assets	$	5,205	$	146	$	5,029	$	30

	Fair Value Measurements at December 31, 2012
	Total		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Cash and Cash Equivalents
Held directly	$	23	$	23	$	—	$	—
Held through mutual and pooled funds	143		—		143		—
Fixed Income
Held directly
U.S. government and municipals	132		31		101		—
U.S. corporate debt	1,112		—		1,112		—
U.S. securitized fixed income	3		—		3		—
Held through mutual and pooled funds
U.S. government and municipals	490		—		490		—
U.S. corporate debt	199		—		199		—
International bonds	920		—		920		—
Multi-sector	2		2		—		—
Equity
Held directly
International equity	143		143		—		—
Held through mutual and pooled funds
U.S. equity	678		3		675		—
Non-U.S. equity	925		1		924		—
Global equity	293		—		293		—
Total Plan Assets	$	5,063	$	203	$	4,860	$	—

During 2013 and 2012, the plan assets did not include a significant amount of Kimberly-Clark common stock.

Inputs and valuation techniques used to measure the fair value of plan assets vary according to the type of security being valued. Substantially all of the equity securities held directly by the plans are actively traded and fair values are determined based on quoted market prices. Fair values of U.S. Treasury securities are determined based on trading activity in the marketplace.

Fair values of U.S. corporate debt, U.S. securitized fixed income and international bonds are typically determined by reference to the values of similar securities traded in the marketplace and current interest rate levels. Multiple pricing services are typically employed to assist in determining these valuations.

Fair values of equity securities and fixed income securities held through units of pooled funds are based on net asset value (NAV) of the units of the pooled fund determined by the fund manager. Pooled funds are similar in nature to retail mutual funds, but are typically more efficient for institutional investors than retail mutual funds. The fair value of pooled funds is determined by the value of the underlying assets held by the fund and the units outstanding. The value of the pooled fund is not directly observable, but is based on observable inputs.

Equity securities held directly by the pension trusts and those held through units in pooled funds are monitored as to issuer and industry. Except for U.S. Treasuries, concentrations of fixed income securities are similarly monitored for concentrations by issuer and industry. As of December 31, 2013, there were no significant concentrations of equity or debt securities in any single issuer or industry.

The insurance contract was purchased in December 2013, and fair value was determined based on an evaluation of various factors, including purchase price. No other level 3 transfers (in or out) were made in 2013 and 2012.

Cash Flows

We expect to contribute $100 to $200 to our defined benefit pension plans in 2014.

Estimated Future Benefit Payments

Over the next ten years, we expect that the following gross benefit payments will occur:

	Pension Benefits		Other Benefits
2014	$	369	$	57
2015	374		59
2016	374		60
2017	382		61
2018	386		63
2019-2023	2,005		326

Defined Contribution Pension Plans

Our 401(k) profit sharing plan and supplemental plan provide for a matching contribution of a U.S. employee's contributions and accruals, subject to predetermined limits, as well as a discretionary profit sharing contribution, in which contributions will be based on our profit performance. We also have defined contribution pension plans for certain employees outside the U.S.

Costs charged to expense for our defined contribution pension plans were as follows:

	2013		2012		2011
U.S.	$	90	$	82	$	77
Outside the U.S.	27		26		36
Total	$	117	$	108	$	113

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Supplemental Data Supplemental Data (Equity Method Investment Data) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Net Sales	$ 2,638	$ 2,514	$ 2,446
Gross Profit	950	864	796
Operating Profit	642	567	514
Net Income	426	368	335
Corporation's Share of Net Income	205	176	161
Current Assets	1,197	1,054	1,000
Non- Current Assets	1,124	1,068	906
Current Liabilities	847	712	491
Non- Current Liabilities	845	837	872
Stockholders' Equity	$ 629	$ 573	$ 543

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Supplemental Data Supplemental Data (Narrative) (Details) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Equity Method Investment, Ownership Percentage	20.00%
Investments in Equity Companies	$ 382,000,000	$ 355,000,000
Retained Earnings, Undistributed Earnings from Equity Method Investees	1,100,000,000
Property, Plant and Equipment, Net	7,948,000,000	8,095,000,000
United States
Property, Plant and Equipment, Net	3,917,000,000	4,040,000,000
Kimberly-Clark Lever Private Limited (India) [Member]
Equity Method Investment, Ownership Percentage	50.00%
Kimberly-Clark de Mexico, S.A.B. de C.V. and subsidiaries [Member]
Equity Method Investment, Ownership Percentage	47.90%
Investments in Equity Companies	269,000,000
Equity Method Investments, Fair Value Disclosure	$ 4,300,000,000
Olayan Kimberly-Clark Arabia [Member]
Equity Method Investment, Ownership Percentage	49.00%
Olayan Kimberly-Clark (Bahrain) WLL [Member]
Equity Method Investment, Ownership Percentage	49.00%
Tecnosur S.A. (Colombia) [Member]
Equity Method Investment, Ownership Percentage	50.00%

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Document and Entity Information Document (USD $)	12 Months Ended
	Dec. 31, 2013	Feb. 07, 2014	Jun. 30, 2013
Entity Information [Line Items]
Entity Registrant Name	KIMBERLY CLARK CORP
Entity Central Index Key	0000055785
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		379,402,894
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 37,200,000,000

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Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2013

Equity [Abstract]

Stockholders' Equity

Accumulated Other Comprehensive Income

The changes in the components of AOCI attributable to Kimberly-Clark, net of tax, are as follows:

	Unrealized Translation			Defined Benefit Pension Plans				Other Postretirement Benefit Plans				Cash Flow Hedges and Other
Balance as of December 31, 2011	$	(221	)	$	(1,578	)		$	(31	)		$	(36	)
Other comprehensive income (loss) before reclassifications	195			(407		)		(20		)		(13		)
(Income) loss reclassified from AOCI	—			57			(a)	(2		)	(a)	(3		)
Net current period other comprehensive income (loss)	195			(350		)		(22		)		(16		)
Balance as of December 31, 2012	(26		)	(1,928		)		(53		)		(52		)
Other comprehensive income (loss) before reclassifications	(499		)	218				36				24
(Income) loss reclassified from AOCI	—			42			(a)	2			(a)	(6		)
Net current period other comprehensive income (loss)	(499		)	260				38				18
Balance as of December 31, 2013	$	(525	)	$	(1,668	)		$	(15	)		$	(34	)

(a) Included in computation of net periodic pension and postretirement benefits costs (see Note 10)

Included in the defined benefit pension plans and other postretirement benefit plans balances as of December 31, 2013 is $1,717 and $35 of unrecognized net actuarial loss and unrecognized prior service cost/credit, respectively, of which $98 and $3, respectively, are expected to be recognized as a component of net periodic benefit cost in 2014.

The changes in the components of AOCI attributable to Kimberly-Clark, including the tax effect, are as follows:

	Year Ended December 31
	2013			2012			2011
Unrealized translation	$	(495	)	$	204		$	(243	)
Tax effect	(4		)	(9		)	7
	(499		)	195			(236		)
Defined benefit pension plans
Unrecognized net actuarial loss and transition amount
Funded status recognition	356			(588		)	(396		)
Amortization included in net periodic benefit cost	120			90			94
Currency and other	(8		)	(20		)	(2		)
	468			(518		)	(304		)
Unrecognized prior service cost/credit
Funded status recognition	—			—			74
Amortization included in net periodic benefit cost	(31		)	—			3
Currency and other	(1		)	3			(4		)
	(32		)	3			73
Tax effect	(176		)	165			99
	260			(350		)	(132		)
Other postretirement benefit plans
Unrecognized net actuarial loss and transition amount
Funded status recognition	62			(31		)	(31		)
Amortization included in net periodic benefit cost	3			(1		)	—
	65			(32		)	(31		)
Unrecognized prior service cost/credit
Funded status recognition	(3		)	—			31
Amortization included in net periodic benefit cost	—			(2		)	1
	(3		)	(2		)	32
Tax effect	(24		)	12			(2		)
	38			(22		)	(1		)
Cash flow hedges and other
Recognition of effective portion of hedges	37			(20		)	(81		)
Amortization included in net income	(10		)	—			39
Currency and other	4			(1		)	(13		)
	31			(21		)	(55		)
Tax effect	(13		)	5			24
	18			(16		)	(31		)
Change in AOCI	$	(183	)	$	(193	)	$	(400	)

Amounts are reclassified from AOCI into cost of products sold, marketing, research and general expenses, interest expense or other (income) and expense, net, as applicable, in the Consolidated Income Statement.

Net unrealized currency gains or losses resulting from the translation of assets and liabilities of foreign subsidiaries, except those in highly inflationary economies, are recorded in AOCI. For these operations, changes in exchange rates generally do not affect cash flows; therefore, unrealized translation adjustments are recorded in AOCI rather than net income. Upon sale or substantially complete liquidation of any of these subsidiaries, the applicable unrealized translation adjustment would be removed from AOCI and reported as part of the gain or loss on the sale or liquidation. The change in unrealized translation in 2013 is primarily due to the strengthening of the U.S. dollar versus the Australian dollar and Brazilian real, as well as most other foreign currencies. Also included in unrealized translation amounts are the effects of foreign exchange rate changes on intercompany balances of a long-term investment nature and transactions designated as hedges of net foreign investments.

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Income Taxes (Income before Income Taxes) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Income Tax Expense (Benefit) [Abstract]
United States	$ 1,764	$ 1,415	$ 1,317
Other countries	1,181	1,005	866
Income Before Income Taxes and Equity Interests	$ 2,945	$ 2,420	$ 2,183

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Business Segment and Geographic Data Information (Sales of Principal Products) (Details) (USD $) In Billions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Sales of Principal Products	$ 21.2	$ 21.1	$ 20.8
Consumer Tissue Products [Member]
Sales of Principal Products	6.6	6.5	6.7
Diapers [Member]
Sales of Principal Products	7.0	7.1	6.8
Away from Home Professional Products [Member]
Sales of Principal Products	3.3	3.3	3.3
All Other [Member]
Sales of Principal Products	$ 4.3	$ 4.2	$ 4.0

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Consolidated Balance Sheet (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Current Assets
Cash and cash equivalents	$ 1,054	$ 1,106
Accounts receivable, net	2,545	2,642
Inventories	2,233	2,348
Other current assets	718	493
Total Current Assets	6,550	6,589
Property, Plant and Equipment, Net	7,948	8,095
Investments in Equity Companies	382	355
Goodwill	3,181	3,337
Other Intangible Assets	243	246
Long-Term Note Receivable	0	395
Other Assets	615	856
TOTAL ASSETS	18,919	19,873
Current Liabilities
Debt payable within one year	375	1,115
Redeemable Preferred Securities of Subsidiaries	506	0
Trade accounts payable	2,598	2,443
Accrued expenses	2,060	2,244
Dividends payable	309	289
Total Current Liabilities	5,848	6,091
Long-Term Debt	5,386	5,070
Noncurrent Employee Benefits	1,312	1,992
Deferred Income Taxes	817	488
Other Liabilities	344	396
Redeemable Preferred and Common Securities of Subsidiaries	72	549
Stockholders' Equity
Preferred stock—no par value—authorized 20.0 million shares, none issued	0	0
Common stock—$1.25 par value—authorized 1.2 billion shares; issued 428.6 million shares at December 31, 2013 and 2012	536	536
Additional paid-in capital	594	481
Common stock held in treasury, at cost—47.8 million and 39.3 million shares at December 31, 2013 and 2012	(3,746)	(2,796)
Retained earnings	9,714	8,823
Accumulated other comprehensive income (loss)	(2,242)	(2,059)
Total Kimberly-Clark Corporation Stockholders' Equity	4,856	4,985
Noncontrolling Interests	284	302
Total Stockholders' Equity	5,140	5,287
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 18,919	$ 19,873

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Fair Value Information

12 Months Ended

Dec. 31, 2013

Fair Value Disclosures [Abstract]

Fair Value Information

Fair Value Information

The following fair value information is based on a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The three levels in the hierarchy used to measure fair value are:

Level 1—Unadjusted quoted prices in active markets accessible at the reporting date for identical assets and liabilities.

Level 2—Quoted prices for similar assets or liabilities in active markets. Quoted prices for identical or similar assets and liabilities in markets that are not considered active or financial instruments for which all significant inputs are observable, either directly or indirectly.

Level 3—Prices or valuations that require inputs that are significant to the valuation and are unobservable.

A financial instrument's level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement.

During 2013 and 2012, there were no significant transfers among level 1, 2 or 3 fair value determinations.

Set forth below are the assets and liabilities that are measured on a recurring basis at fair value and the inputs used to develop those fair value measurements.

	December 31, 2013		Fair Value Measurements
			Level 1		Level 2		Level 3
Assets
Company-owned life insurance ("COLI")	$	55	$	—	$	55	$	—
Available-for-sale securities	22		22		—		—
Derivatives	62		—		62		—
Total	$	139	$	22	$	117	$	—
Liabilities
Derivatives	$	49	$	—	$	49	$	—

	December 31, 2012		Fair Value Measurements
			Level 1		Level 2		Level 3
Assets
COLI	$	49	$	—	$	49	$	—
Available-for-sale securities	17		17		—		—
Derivatives	61		—		61		—
Total	$	127	$	17	$	110	$	—
Liabilities
Derivatives	$	63	$	—	$	63	$	—

The COLI policies are a source of funding primarily for our nonqualified employee benefits and are included in other assets. Available-for-sale securities are included in other assets. See Note 14 for information on the classification of derivatives in the Consolidated Balance Sheet.

Level 1 Fair Values—The fair values of certain available-for-sale securities are based on quoted market prices in active markets for identical assets.

Level 2 Fair Values—The fair value of the COLI policies is derived from investments in a mix of money market, fixed income and equity funds managed by unrelated fund managers. The fair values of derivatives used to manage interest rate risk and commodity price risk are based on LIBOR rates and interest rate swap curves and NYMEX price quotations, respectively. The fair value of hedging instruments used to manage foreign currency risk is based on published quotations of spot currency rates and forward points, which are converted into implied forward currency rates. Additional information on our use of derivative instruments is contained in Note 14.

The following table includes the fair value of our financial instruments for which disclosure of fair value is required:

	Fair Value Hierarchy Level	Carrying Amount		Estimated Fair Value		Carrying Amount		Estimated Fair Value
		December 31, 2013				December 31, 2012
Assets
Cash and cash equivalents(a)	1	$	1,054	$	1,054	$	1,106	$	1,106
Time deposits(b)	1	222		222		224		224
Note receivable(c)	3	16		16		395		392
Liabilities and redeemable securities of subsidiaries
Short-term debt(d)	2	63		63		359		359
Monetization loan(c)	3	—		—		397		400
Long-term debt(e)	2	5,698		6,271		5,429		6,527
Redeemable preferred securities of subsidiaries(c)	3	532		552		506		543
Redeemable common securities of subsidiary(f)	3	46		46		43		43

(a) Cash equivalents are composed of certificates of deposit, time deposits and other interest-bearing investments with original maturity dates of 90 days or less. Cash equivalents are recorded at cost, which approximates fair value.

(b) Time deposits are comprised of deposits with original maturities of more than 90 days but less than one year and instruments with original maturities of greater than one year, included in other current assets or other assets in the Consolidated Balance Sheet, as appropriate. Time deposits are recorded at cost, which approximates fair value.

(c) The note, monetization loan and redeemable preferred securities of subsidiaries are not traded in active markets. Accordingly, their fair values were calculated using a floating rate pricing model that compared the stated spread to the fair value spread to determine the price at which each of the financial instruments should trade. The model used the following inputs to calculate fair values: face value, current LIBOR rate, unobservable fair value credit spread, stated spread, maturity date and interest or dividend payment dates. See Note 8 for additional information.

(d) Short-term debt is comprised of U.S. commercial paper and/or other similar short-term debt issued by non-U.S. subsidiaries, all of which are recorded at cost, which approximates fair value.

(e) Long-term debt includes the current portion of these debt instruments and excludes the monetization loan. Fair values were estimated based on quoted prices for financial instruments for which all significant inputs were observable, either directly or indirectly.

(f) The fair value of the redeemable common securities of subsidiary was based on various inputs, including an independent third-party appraisal, adjusted for current market conditions.

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Pulp And Tissue Restructuring (Pulp And Tissue Restructuring [Member])

12 Months Ended

Dec. 31, 2013

Pulp And Tissue Restructuring [Member]

Restructuring Cost and Reserve

Restructuring and Related Activities Disclosure

Pulp and Tissue Restructuring Actions

In 2011 and 2012, we executed pulp and tissue restructuring actions in order to exit our remaining integrated pulp manufacturing operations and improve the underlying profitability and return on invested capital of our consumer tissue and KCP businesses. These actions involved the streamlining, sale or closure ofsevenof our manufacturing facilities around the world. In conjunction with these actions, we exited certain non-strategic products, primarily non-branded offerings, and transferred some production to lower-cost facilities in order to improve overall profitability and returns. The actions were substantially complete at December 31, 2012.

During 2012, charges of $128, $6 and $1 were recorded in cost of products sold, marketing, research and general expenses and other (income) and expense, net, respectively, for the restructuring actions. A related benefit of $49 was recorded in provision for income taxes. On a geographic basis, charges of $97, $35 and $3 were recorded in the United States, Australia and elsewhere, respectively.

During 2011, charges of $407, $6 and $2 were recorded in cost of products sold, marketing, research and general expenses and other (income) and expense, net, respectively, for the restructuring actions. A related benefit of $126 was recorded in provision for income taxes. On a geographic basis, charges of $204, $133 and $78 were recorded in the United States, Australia and elsewhere, respectively.

See Note 17 for charges by segment.

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Earnings Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share

Earnings Per Share ("EPS")

There are no adjustments required to be made to net income for purposes of computing basic and diluted EPS. The average number of common shares outstanding is reconciled to those used in the basic and diluted EPS computations as follows:

(Millions of shares)	2013	2012	2011
Average shares outstanding	384.0	393.0	395.4
Participating securities	—	—	0.3
Basic	384.0	393.0	395.7
Dilutive effect of stock options and restricted share unit awards	3.3	3.1	2.9
Diluted	387.3	396.1	398.6

Options outstanding that were not included in the computation of diluted EPS mainly because their exercise price was greater than the average market price of the common shares are summarized below:

	2013		2012		2011
Average number of share equivalents (millions)	1.1		1.1		3.6
Weighted-average exercise price	$	103.29	$	78.54	$	71.49
Options outstanding at year-end (millions)	1.8		1.7		3.0

The number of common shares outstanding as of December 31, 2013, 2012 and 2011 was 380.8 million, 389.3 million and 395.7 million, respectively.

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Leases and Commitments

12 Months Ended

Dec. 31, 2013

Leases and Commitments

Leases and Commitments

Leases and Commitments

We have entered into operating leases for certain warehouse facilities, automobiles and equipment. The future minimum obligations under operating leases having a noncancelable term in excess of one year are as follows:

	Year Ending December 31
2014	$	189
2015	155
2016	124
2017	113
2018	76
Thereafter	107
Future minimum obligations	$	764

Consolidated rental expense under operating leases was $333, $283 and $278 in 2013, 2012 and 2011, respectively.

We have entered into long-term contracts for the purchase of pulp and utilities, principally electricity. Commitments under these contracts based on current prices are $481 in 2014, $259 in 2015, $189 in 2016, $173 in 2017 and $177 in 2018. Total commitments beyond the year 2018 are $334.

Although we are primarily liable for payments on the above-mentioned leases and purchase commitments, our exposure to losses, if any, under these arrangements is not material.

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Income Taxes (Remaining Tax Years Subject to Examination) (Details)	12 Months Ended
	Dec. 31, 2012
Minimum [Member] | United States
Income Tax Examination [Line Items]
Tax years subject to examination	2010
Minimum [Member] | United Kingdom
Income Tax Examination [Line Items]
Tax years subject to examination	2011
Minimum [Member] | Canada
Income Tax Examination [Line Items]
Tax years subject to examination	2008
Minimum [Member] | Korea
Income Tax Examination [Line Items]
Tax years subject to examination	2007
Minimum [Member] | Australia
Income Tax Examination [Line Items]
Tax years subject to examination	2008
Maximum [Member] | United States
Income Tax Examination [Line Items]
Tax years subject to examination	2013
Maximum [Member] | United Kingdom
Income Tax Examination [Line Items]
Tax years subject to examination	2013
Maximum [Member] | Canada
Income Tax Examination [Line Items]
Tax years subject to examination	2013
Maximum [Member] | Korea
Income Tax Examination [Line Items]
Tax years subject to examination	2013
Maximum [Member] | Australia
Income Tax Examination [Line Items]
Tax years subject to examination	2013

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Redeemable Preferred and Common Securities of Subsidiaries

12 Months Ended

Dec. 31, 2013

Redeemable Preferred and Common Securities of Subsidiaries [Abstract]

Redeemable Preferred and Common Securities of Subsidiaries

Redeemable Preferred and Common Securities of Subsidiaries

Monetization Financing Entity

Prior to December 2013, we had a minority voting interest in a financing entity used to monetize a note receivable received from the sale of nonstrategic timberlands and related assets to a nonaffiliated buyer. We were the primary beneficiary of the entity and, accordingly, consolidated the entity in our Consolidated Financial Statements. The note receivable has a face value of $397 and is backed by an irrevocable standby letter of credit issued by a money center bank. The note receivable matures on September 30, 2014 and earns interest at LIBOR plus 75 bps. The note receivable and other assets were transferred to the financing entity in 1999. A nonaffiliated financial institution made a substantive capital investment in the financing entity and had majority voting control over it. The nonaffiliated financial institution also made a monetization loan of $397 to us, which was assumed by the financing entity at the time the note receivable was transferred to the financing entity. The monetization loan was secured by the note receivable and intercompany financial instruments, which served as secondary collateral for the monetization loan. The monetization loan had a maturity date of January 31, 2014, and had an interest rate of LIBOR plus 150 bps.

In December 2013, the financing entity was restructured and its assets were divided. The restructuring resulted in the financial institution acquiring ownership rights to most of the note receivable and assuming the monetization loan of $397. In addition, as part of the restructuring, the financial institution acquired $26 face value of redeemable preferred securities issued by one of our subsidiaries, recorded at their transfer-date fair value. Under the restructuring, we became the owners of any assets that were previously part of the financing entity that are not owned by the financial institution. Net cash payments to restructure the financing entity and divide its assets totaled $24 in 2013, which was included in other in cash used for financing in the Consolidated Cash Flow Statement.

In addition, on July 7, 2011, we collected the face value of a note receivable of $220 in cash held by another financing entity in which we acquired the voting equity interest of the nonaffiliated financial institution and its monetization loan rights in November 2009.

Luxembourg-Based Financing Subsidiary

In February 2001, we, together with a non-affiliated third party entity (the "Third Party"), formed a Luxembourg-based financing subsidiary. We are the primary beneficiary of the subsidiary and, accordingly, consolidate the subsidiary in our Consolidated Financial Statements.

Prior to December 2011, the Third Party had investments in two classes of voting-preferred securities issued by the subsidiary (the "Preferred Securities"). The two classes of Preferred Securities, Class A-1 and Class A-2, had a par value of $500 each for an aggregate of $1 billion. The Class A-1 and Class A-2 Preferred Securities accrue a fixed annual rate of return of 5.074 percent and 5.417 percent, respectively, which is paid on a quarterly basis. In December 2011, the subsidiary redeemed the Class A-1 Preferred Securities. The Class A-2 Preferred Securities are redeemable in December 2014. At December 31, 2013, the Preferred Securities represent 96 percent of the voting power of the subsidiary.

In December 2013, the subsidiary elected to redeem the Class A-2 Preferred Securities in December 2014. As a result, the $500 redemption value of the Class A-2 Preferred Securities is included in current liabilities as of December 31, 2013 in our Consolidated Balance Sheet. The subsidiary also has issued voting-preferred and common securities to Kimberly-Clark for total cash proceeds of $500. These securities are entitled to a combined four percent vote, and the common securities are entitled to all of the residual equity after satisfaction of the preferred interests.

Approximately 98 percent of the total cash contributed to the entity has been loaned to Kimberly-Clark. These long-term loans bear fixed annual interest rates. The funds remaining in the financing subsidiary are primarily invested in equity-based exchange-traded funds. The preferred and common securities of the subsidiary held by Kimberly-Clark and the intercompany loans have been eliminated in our Consolidated Financial Statements. The return on the Preferred Securities was $27, $27 and $52 in 2013, 2012 and 2011, respectively, which is included in net income attributable to noncontrolling interests in our Consolidated Income Statement.

Neither the Third Party nor creditors of the subsidiary have recourse to our general credit. If our credit ratings are downgraded below BBB- or Baa3, then the loans become payable to the financing subsidiary to the extent necessary to enable the financing subsidiary to pay the redemption value. Our credit ratings are above this level as of February 14, 2014, and we do not anticipate they will be downgraded below this level prior to the redemption in December 2014.

Common Securities of Subsidiary

In addition, our subsidiary in Central America has outstanding redeemable common securities that are held by a noncontrolling interest.

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Stock-Based Compensation (Schedule of Effect of Exercises of Stock Options) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share-based Compensation [Abstract]
Cash received	$ 232	$ 565	$ 435
Income tax benefit received	44	49	13
Intrinsic value	$ 138	$ 161	$ 69

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Acquisitions and Intangible Assets

12 Months Ended

Dec. 31, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Acquisitions and Intangible Assets

Acquisitions and Intangible Assets

The changes in the carrying amount of goodwill by business segment are as follows:

	Personal Care			Consumer Tissue			K-C Professional			Health Care			Total
Balance at December 31, 2011	$	769		$	694		$	443		$	1,434		$	3,340
Currency and other	(5		)	1			(1		)	2			(3		)
Balance at December 31, 2012	764			695			442			1,436			3,337
Acquisitions	6			—			—			3			9
Currency and other	(86		)	(54		)	(18		)	(7		)	(165		)
Balance at December 31, 2013	$	684		$	641		$	424		$	1,432		$	3,181

At December 31, 2013 and 2012, we had intangible assets with indefinite useful lives of $7 and $11, respectively, related to acquired in-process research and development. Intangible assets subject to amortization consist of the following at December 31:

	2013				2012
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
Trademarks	$	252	$	163	$	253	$	156
Patents and developed technologies	201		85		158		64
Other	93		62		105		61
Total	$	546	$	310	$	516	$	281

Amortization expense for intangible assets was $39 in 2013, $29 in 2012 and $24 in 2011. Amortization expense is estimated to be $42 in 2014, $34 in 2015, $28 in 2016, $23 in 2017 and $19 in 2018.

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Debt

12 Months Ended

Dec. 31, 2013

Debt Disclosure [Abstract]

Debt

Debt

Long-term debt is comprised of the following:

	Weighted- Average Interest Rate	Maturities	December 31
			2013		2012
Notes and debentures	5.2%	2014 - 2043	$	5,163	$	4,857
Dealer remarketable securities	4.2%	2014 - 2016	200		200
Industrial development revenue bonds	0.2%	2015 - 2034	261		261
Bank loans and other financings in various currencies	5.6%	2014 - 2025	74		508
Total long-term debt			5,698		5,826
Less current portion			312		756
Long-term portion			$	5,386	$	5,070

Scheduled maturities of long-term debt for the next five years are $312 in 2014, $353 in 2015, $302 in 2016, $962 in 2017 and $902 in 2018.

In May 2013, we issued $250 aggregate principal amount of floating rate notes due May 15, 2016, $350 aggregate principal amount of 2.4% notes due June 1, 2023, and $250 aggregate principal amount of 3.7% notes due June 1, 2043. Proceeds from the offering were used to repay our $500 aggregate principal amount of 5.0% notes due August 15, 2013, to fund investment in our business and for general corporate purposes.

In 2012, we issued $300 aggregate principal amount of 2.4% notes due March 1, 2022.  Proceeds from the offering were used for general corporate purposes, including to repay a portion of our $400 aggregate principal amount of 5.625% notes that were due February 15, 2012.

In 2011, we issued $250 aggregate principal amount of 3.875% notes due March 1, 2021 and $450 aggregate principal amount of 5.3% notes due March 1, 2041. Proceeds from the offering were used for general corporate purposes, including purchasing shares of company common stock pursuant to publicly announced share repurchase programs.

In 2006, we issued $200 of dealer remarketable securities that have a final maturity in 2016. The remarketing provisions of these debt instruments require that each year the securities either be remarketed by the dealer or repaid. In both 2012 and 2013, the dealer exercised its option to remarket the securities for another year, and remarketed the securities to third parties.

We maintain a $1.5 billion revolving credit facility, scheduled to expire in October 2016, as well as the option to increase this facility by an additional $500.  This facility, currently unused, supports our commercial paper program and would provide liquidity in the event our access to the commercial paper market is unavailable for any reason.

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Stock-Based Compensation

12 Months Ended

Dec. 31, 2013

Share-based Compensation [Abstract]

Stock-Based Compensation

Stock-Based Compensation

We have a stock-based Equity Participation Plan and an Outside Directors' Compensation Plan (the "Plans"), under which we can grant stock options, restricted shares and restricted share units to employees and outside directors. As of December 31, 2013, the number of shares of common stock available for grants under the Plans aggregated 21.3 million shares.

Stock options are granted at an exercise price equal to the fair market value of our common stock on the date of grant, and they have a term of 10 years. Stock options are subject to graded vesting whereby options vest 30 percent at the end of each of the first two 12-month periods following the grant and 40 percent at the end of the third 12-month period.

Restricted shares, time-vested restricted share units and performance-based restricted share units granted to employees are valued at the closing market price of our common stock on the grant date and vest generally at the end of three years. The number of performance-based share units that ultimately vest ranges from zero to 200 percent of the number granted, based on performance tied to return on invested capital ("ROIC") and net sales during the three-year performance period. ROIC and net sales targets are set at the beginning of the performance period. Restricted share units granted to outside directors are valued at the closing market price of our common stock on the grant date and vest when they are granted. The restricted period begins on the date of grant and expires on the date the outside director retires from or otherwise terminates service on our Board.

At the time stock options are exercised or restricted shares and restricted share units become payable, common stock is issued from our accumulated treasury shares. Dividend equivalents are credited on restricted share units on the same date and at the same rate as dividends are paid on Kimberly-Clark's common stock. These dividend equivalents, net of estimated forfeitures, are charged to retained earnings.

Stock-based compensation costs of $92, $67 and $48 and related deferred income tax benefits of $35, $20 and $15 were recognized for 2013, 2012 and 2011, respectively.

The fair value of stock option awards was determined using a Black-Scholes-Merton option-pricing model utilizing a range of assumptions related to dividend yield, volatility, risk-free interest rate, and employee exercise behavior. Dividend yield is based on historical experience and expected future dividend actions. Expected volatility is based on a blend of historical volatility and implied volatility from traded options on Kimberly-Clark's common stock. The risk-free interest rate is based on the U.S. Treasury yield curve in effect at the time of grant. We estimate forfeitures based on historical data.

The weighted-average fair value of options granted was estimated at $7.15, $3.25 and $2.98, in 2013, 2012 and 2011, respectively, per option on the date of grant based on the following assumptions:

	Year Ended December 31
	2013		2012		2011
Dividend yield	3.70	%	4.50	%	5.00	%
Volatility	15.40	%	12.86	%	12.54	%
Risk-free interest rate	0.87	%	1.08	%	2.26	%
Expected life—years	5.1		5.8		6.3

Total remaining unrecognized compensation costs and amortization period are as follows:

	December 31, 2013		Weighted- Average Service Years
Nonvested stock options	$	8	1.0
Restricted shares and time-vested restricted share units	9		1.3
Nonvested performance-based restricted share units	58		1.4

Excess tax benefits, resulting from tax deductions in excess of the compensation cost recognized, aggregating $50, $50 and $15 were classified as other cash inflows under Financing Activities in the Consolidated Cash Flow Statement for the years ended December 31, 2013, 2012 and 2011, respectively.

A summary of stock-based compensation under the Plans is presented below:

Stock Options	Shares (in thousands)		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at January 1, 2013	9,268		$	65.38
Granted	1,851		103.29
Exercised	(3,661	)	63.13
Forfeited or expired	(235	)	79.80
Outstanding at December 31, 2013	7,223		75.77		6.6	$	207
Exercisable at December 31, 2013	3,727		63.75		4.7	$	152

The following summarizes the effect of the exercises of stock options:

	Year Ended December 31
	2013		2012		2011
Cash received	$	232	$	565	$	435
Income tax benefit received	44		49		13
Intrinsic value	138		161		69

	Time-Vested Restricted Share Units				Performance-Based Restricted Share Units
Other Stock-Based Awards	Shares (in thousands)		Weighted- Average Grant-Date Fair Value		Shares (in thousands)		Weighted- Average Grant-Date Fair Value
Nonvested at January 1, 2013	324		$	75.24	2,187		$	67.41
Granted	75		89.29		713		100.42
Vested	(117	)	70.39		(294	)	62.72
Forfeited	(25	)	76.52		(523	)	64.75
Nonvested at December 31, 2013	257		81.38		2,083		79.98

The total fair value of restricted shares and restricted share units that were distributed to participants during 2013, 2012 and 2011 was $45, $101 and $28, respectively.

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Employee Postretirement Benefits (Principal Plans and All Other Pension Plans) (Details) (Defined Benefit Pension [Member], USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Projected benefit obligation (“PBO”)	$ 6,164	$ 6,590
Accumulated benefit obligation (“ABO”)	5,994	6,469
Fair value of plan assets	5,567	5,375	5,214
Principal Plans [Member]
Projected benefit obligation (“PBO”)	5,640	6,071
Accumulated benefit obligation (“ABO”)	5,555	6,049
Fair value of plan assets	5,205	5,063
All Other Pension Plans [Member]
Projected benefit obligation (“PBO”)	524	519
Accumulated benefit obligation (“ABO”)	439	420
Fair value of plan assets	362	312
UNITED STATES
Projected benefit obligation (“PBO”)	3,866	4,375
Fair value of plan assets	$ 3,565	$ 3,553

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Earnings Per Share (Narratives) (Details) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Earnings Per Share [Abstract]
Common shares outstanding	380.8	389.3	395.7

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Employee Postretirement Benefits (Components of Net Periodic Benefit Cost) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Defined Benefit Pension [Member]
Service cost	$ 53		$ 45		$ 57
Interest cost	257		279		307
Expected return on plan assets(a)	(331)	[1]	(329)	[1]	(345)	[1]
Recognized net actuarial loss	120		111		94
Curtailment and settlements	(31)		20		0
Other	1		(4)		6
Net periodic benefit cost	69		122		119
Other Postretirement Benefit Plans, Defined Benefit [Member]
Service cost	17		15		14
Interest cost	32		36		41
Expected return on plan assets(a)	0		0		0
Recognized net actuarial loss	3		1		0
Curtailment and settlements	0		0		0
Other	(2)		(1)		1
Net periodic benefit cost	$ 50		$ 51		$ 56

[1] The expected return on plan assets is determined by multiplying the fair value of plan assets at the remeasurement date, typically the prior year-end, and adjusted for estimated current year cash benefit payments and contributions, by the expected long-term rate of return.

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Employee Postretirement Benefits (Summarized Financial Information about Postretirement plans, Excluding Defined Contribution Retirement Plans) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Noncurrent liability—accrued benefit cost	$ (1,312)	$ (1,992)
Defined Benefit Pension [Member]
Benefit obligation at beginning of year	6,590	5,920
Service cost	53	45	57
Interest cost	257	279	307
Actuarial loss (gain)	(422)	854
Currency and other	47	79
Benefit payments from plans	(343)	(478)
Direct benefit payments	(13)	(14)
Curtailment and settlements	(5)	(95)
Benefit obligation at end of year	6,164	6,590	5,920
Fair value of plan assets at beginning of year	5,375	5,214
Actual return on plan assets	268	556
Employer contributions	220	110
Currency and other	47	60
Benefit payments	(343)	(478)
Settlements	0	(87)
Fair value of plan assets at end of year	5,567	5,375	5,214
Funded Status	(597)	(1,215)
Noncurrent asset—prepaid benefit cost	9	8
Current liability—accrued benefit cost	(12)	(12)
Noncurrent liability—accrued benefit cost	(594)	(1,211)
Net amount recognized	(597)	(1,215)
Other Postretirement Benefit Plans, Defined Benefit [Member]
Benefit obligation at beginning of year	824	788
Service cost	17	15	14
Interest cost	32	36	41
Actuarial loss (gain)	(60)	37
Currency and other	0	3
Benefit payments from plans	0	0
Direct benefit payments	(52)	(55)
Curtailment and settlements	0	0
Benefit obligation at end of year	761	824	788
Fair value of plan assets at beginning of year	0	0
Actual return on plan assets	0	0
Employer contributions	0	0
Currency and other	0	0
Benefit payments	0	0
Settlements	0	0
Fair value of plan assets at end of year	0	0	0
Funded Status	(761)	(824)
Noncurrent asset—prepaid benefit cost	0	0
Current liability—accrued benefit cost	(56)	(56)
Noncurrent liability—accrued benefit cost	(705)	(768)
Net amount recognized	$ (761)	$ (824)

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Supplemental Data (Supplemental Income Statement Data) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Supplemental Data
Advertising expense	$ 777	$ 810	$ 686
Research expense	$ 360	$ 356	$ 316

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Accumulated Other Comprehensive Income (Tables)

12 Months Ended

Dec. 31, 2013

Equity [Abstract]

Components of AOCI attributable to Kimberly-Clark

The changes in the components of AOCI attributable to Kimberly-Clark, net of tax, are as follows:

	Unrealized Translation			Defined Benefit Pension Plans				Other Postretirement Benefit Plans				Cash Flow Hedges and Other
Balance as of December 31, 2011	$	(221	)	$	(1,578	)		$	(31	)		$	(36	)
Other comprehensive income (loss) before reclassifications	195			(407		)		(20		)		(13		)
(Income) loss reclassified from AOCI	—			57			(a)	(2		)	(a)	(3		)
Net current period other comprehensive income (loss)	195			(350		)		(22		)		(16		)
Balance as of December 31, 2012	(26		)	(1,928		)		(53		)		(52		)
Other comprehensive income (loss) before reclassifications	(499		)	218				36				24
(Income) loss reclassified from AOCI	—			42			(a)	2			(a)	(6		)
Net current period other comprehensive income (loss)	(499		)	260				38				18
Balance as of December 31, 2013	$	(525	)	$	(1,668	)		$	(15	)		$	(34	)

(a) Included in computation of net periodic pension and postretirement benefits costs (see Note 10)

Change in Components of Accumulated Other Comprehensive Income (Loss)

	Year Ended December 31
	2013			2012			2011
Unrealized translation	$	(495	)	$	204		$	(243	)
Tax effect	(4		)	(9		)	7
	(499		)	195			(236		)
Defined benefit pension plans
Unrecognized net actuarial loss and transition amount
Funded status recognition	356			(588		)	(396		)
Amortization included in net periodic benefit cost	120			90			94
Currency and other	(8		)	(20		)	(2		)
	468			(518		)	(304		)
Unrecognized prior service cost/credit
Funded status recognition	—			—			74
Amortization included in net periodic benefit cost	(31		)	—			3
Currency and other	(1		)	3			(4		)
	(32		)	3			73
Tax effect	(176		)	165			99
	260			(350		)	(132		)
Other postretirement benefit plans
Unrecognized net actuarial loss and transition amount
Funded status recognition	62			(31		)	(31		)
Amortization included in net periodic benefit cost	3			(1		)	—
	65			(32		)	(31		)
Unrecognized prior service cost/credit
Funded status recognition	(3		)	—			31
Amortization included in net periodic benefit cost	—			(2		)	1
	(3		)	(2		)	32
Tax effect	(24		)	12			(2		)
	38			(22		)	(1		)
Cash flow hedges and other
Recognition of effective portion of hedges	37			(20		)	(81		)
Amortization included in net income	(10		)	—			39
Currency and other	4			(1		)	(13		)
	31			(21		)	(55		)
Tax effect	(13		)	5			24
	18			(16		)	(31		)
Change in AOCI	$	(183	)	$	(193	)	$	(400	)

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Acquisitions and Intangible Assets (Changes in the Carrying Amount of Goodwill) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012
Goodwill [Roll Forward]
Goodwill, Beginning Balance	$ 3,337	$ 3,340
Acquisitions	9
Currency and other	(165)	(3)
Goodwill, Ending Balance	3,181	3,337
Personal Care [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	764	769
Acquisitions	6
Currency and other	(86)	(5)
Goodwill, Ending Balance	684	764
Consumer Tissue [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	695	694
Acquisitions	0
Currency and other	(54)	1
Goodwill, Ending Balance	641	695
K-C Professional and Other [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	442	443
Acquisitions	0
Currency and other	(18)	(1)
Goodwill, Ending Balance	424	442
Health Care [Member]
Goodwill [Roll Forward]
Goodwill, Beginning Balance	1,436	1,434
Acquisitions	3
Currency and other	(7)	2
Goodwill, Ending Balance	$ 1,432	$ 1,436

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Objectives and Strategies for Using Derivatives

12 Months Ended

Dec. 31, 2013

Objectives and Strategies for Using Derivatives

Objectives and Strategies for Using Derivatives

Objectives and Strategies for Using Derivatives

As a multinational enterprise, we are exposed to financial risks, such as changes in foreign currency exchange rates, interest rates, and commodity prices. We employ a number of practices to manage these risks, including operating and financing activities and, where appropriate, the use of derivative instruments. We enter into derivative instruments to hedge a portion of forecasted cash flows denominated in foreign currencies for non-U.S. operations' purchases of raw materials, which are priced in U.S. dollars, and imports of intercompany finished goods and work-in-process priced predominantly in U.S. dollars and euros. The derivative instruments used to manage these exposures are designated and qualify as cash flow hedges. The foreign currency exposure on certain non-functional currency denominated monetary assets and liabilities, primarily intercompany loans and accounts payable, is hedged with primarily undesignated derivative instruments. Interest rate risk is managed using a portfolio of variable- and fixed-rate debt composed of short- and long-term instruments. Interest rate swap contracts may be used to facilitate the maintenance of the desired ratio of variable- and fixed-rate debt and are designated and qualify as fair value hedges. From time to time, we also hedge the anticipated issuance of fixed-rate debt, using forward-starting swaps, and these contracts are designated as cash flow hedges. We use derivative instruments, such as forward swap contracts, to hedge a limited portion of our exposure to market risk arising from changes in prices of certain commodities. These derivatives are designated as cash flow hedges of specific quantities of the underlying commodity expected to be purchased in future months. Translation adjustments result from translating foreign entities' financial statements into U.S. dollars from their functional currencies. The risk to any particular entity's net assets is reduced to the extent that the entity is financed with local currency borrowing. Translation exposure, which results from changes in translation rates between functional currencies and the U.S. dollar, generally is not hedged.

Set forth below is a summary of the total designated and undesignated fair values of our derivative instruments:

	Assets				Liabilities
	2013		2012		2013		2012
Foreign currency exchange contracts	$	34	$	52	$	49	$	17
Interest rate contracts	22		7		—		43
Commodity price contracts	6		2		—		3
Total	$	62	$	61	$	49	$	63

The derivative assets are included in the Consolidated Balance Sheet in other current assets and other assets, as appropriate. The derivative liabilities are included in the Consolidated Balance Sheet in accrued expenses and other liabilities, as appropriate.

Effect of Derivative Instruments on Results of Operations and Other Comprehensive Income

Derivative instruments that are designated and qualify as fair value hedges are predominantly used to manage interest rate risk. The fair values of these derivative instruments are recorded as an asset or liability, as appropriate, with the offset recorded in current earnings. The offset to the change in fair values of the related hedged items also is recorded in current earnings. Any realized gain or loss on the derivatives that hedge interest rate risk is amortized to interest expense over the life of the related debt. At December 31, 2013, the aggregate notional values of outstanding interest rate contracts designated as fair value hedges were $250. Fair value hedges resulted in no significant ineffectiveness in each of the three years ended December 31, 2013. For each of the three years ended December 31, 2013, gains or losses recognized in interest expense for interest rates swaps were not significant. For each of the three years ended December 31, 2013, no gain or loss was recognized in earnings as a result of a hedged firm commitment no longer qualifying as a fair value hedge.

For derivative instruments that are designated and qualify as cash flow hedges, the effective portion of the gain or loss on the derivative instrument is initially recorded in AOCI, net of related income taxes, and recognized in earnings in the same period that the hedged exposure affects earnings. As of December 31, 2013, outstanding commodity forward contracts were in place to hedge a limited portion of our estimated requirements of the related underlying commodities in 2014 and future periods. As of December 31, 2013, the aggregate notional values of outstanding foreign exchange and interest rate derivative contracts designated as cash flow hedges were $1 billion and $200, respectively. Cash flow hedges resulted in no significant ineffectiveness in each of the three years ended December 31, 2013. For each of the three years ended December 31, 2013, no gains or losses were reclassified into earnings as a result of the discontinuance of cash flow hedges due to the original forecasted transaction no longer being probable of occurring. At December 31, 2013, amounts to be reclassified from AOCI during the next twelve months are not expected to be material. The maximum maturity of cash flow hedges in place at December 31, 2013 is January 2016.

Gains or losses on undesignated foreign exchange hedging instruments are immediately recognized in other (income) and expense, net. Losses of $75 and gains of $67 and $3 were recorded in the years ending December 31, 2013, 2012 and 2011, respectively. The effect on earnings from the use of these non-designated derivatives is substantially neutralized by the transactional gains and losses recorded on the underlying assets and liabilities. At December 31, 2013, the notional amount of these undesignated derivative instruments was $2.4 billion.

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Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2013

Valuation and Qualifying Accounts

Valuation and Qualifying Accounts

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

FOR THE YEARS ENDED DECEMBER 31, 2013, 2012 AND 2011

(Millions of dollars)

Description	Balance at Beginning of Period		Additions					Deductions
			Charged to Costs and Expenses		Charged to Other Accounts(a)			Write-Offs and Reclassifications			Balance at End of Period
December 31, 2013
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	60	$	—	$	(4	)	$	5	(b)	$	51
Allowances for sales discounts	20		275		(1		)	274		(c)	20
December 31, 2012
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	57	$	9	$	—		$	6	(b)	$	60
Allowances for sales discounts	21		280		—			281		(c)	20
December 31, 2011
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	62	$	5	$	(5	)	$	5	(b)	$	57
Allowances for sales discounts	18		275		—			272		(c)	21

^(a)  Includes bad debt recoveries and the effects of changes in foreign currency exchange rates.

^(b)  Primarily uncollectible receivables written off.

^(c)  Sales discounts allowed.

			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses			Charged to Other Accounts		Deductions(a)			Balance at End of  Period
December 31, 2013
Deferred taxes
Valuation allowance	$	215	$	(11	)	$	—	$	7		$	197
December 31, 2012
Deferred taxes
Valuation allowance	$	229	$	(18	)	$	—	$	(4	)	$	215
December 31, 2011
Deferred taxes
Valuation allowance	$	287	$	(51	)	$	—	$	7		$	229

^(a)  Represents the net currency effects of translating valuation allowances at current rates of exchange.

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Supplemental Data (Summary of Inventories) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Raw materials	$ 462	$ 494
Work in process	286	329
Finished goods	1,401	1,442
Supplies and other	326	314
Gross inventories	2,475	2,579
Excess of FIFO or weighted-average cost over LIFO cost	(242)	(231)
Total	2,233	2,348
LIFO
Raw materials	143	148
Work in process	189	194
Finished goods	648	656
Supplies and other	0	0
Gross inventories	980	998
Excess of FIFO or weighted-average cost over LIFO cost	(242)	(231)
Total	738	767
Non- LIFO
Raw materials	319	346
Work in process	97	135
Finished goods	753	786
Supplies and other	326	314
Gross inventories	1,495	1,581
Excess of FIFO or weighted-average cost over LIFO cost	0	0
Total	$ 1,495	$ 1,581

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Fair Value Information (Fair Value of Financial Instruments) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Redeemable preferred securities of subsidiaries(c)	$ (26)
Fair Value, Inputs, Level 1 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Cash and cash equivalents(a)	1,054	[1]	1,106	[1]
Time deposits(b)	222	[2]	224	[2]
Fair Value, Inputs, Level 1 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Cash and cash equivalents(a)	1,054	[1]	1,106	[1]
Time deposits(b)	222	[2]	224	[2]
Fair Value, Inputs, Level 2 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Short-term debt(d)	63	[3]	359	[3]
Long-term debt(e)	5,698	[4]	5,429	[4]
Fair Value, Inputs, Level 2 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Short-term debt(d)	63	[3]	359	[3]
Long-term debt(e)	6,271	[4]	6,527	[4]
Fair Value, Inputs, Level 3 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Note receivable(c)	16	[5]	395	[5]
Monetization loan(c)	0	[5]	397	[5]
Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Note receivable(c)	16	[5]	392	[5]
Monetization loan(c)	0	[5]	400	[5]
Preferred securities [Member] | Fair Value, Inputs, Level 3 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Redeemable preferred securities of subsidiaries(c)	532	[5]	506	[5]
Preferred securities [Member] | Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Redeemable preferred securities of subsidiaries(c)	552	[5]	543	[5]
common securities [Member] | Fair Value, Inputs, Level 3 [Member] | Carrying (Reported) Amount, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Redeemable preferred securities of subsidiaries(c)	46	[6]	43	[6]
common securities [Member] | Fair Value, Inputs, Level 3 [Member] | Estimate of Fair Value, Fair Value Disclosure [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions
Redeemable preferred securities of subsidiaries(c)	$ 46	[6]	$ 43	[6]

[1] Cash equivalents are composed of certificates of deposit, time deposits and other interest-bearing investments with original maturity dates of 90 days or less. Cash equivalents are recorded at cost, which approximates fair value.

[2] Time deposits are comprised of deposits with original maturities of more than 90 days but less than one year and instruments with original maturities of greater than one year, included in other current assets or other assets in the Consolidated Balance Sheet, as appropriate. Time deposits are recorded at cost, which approximates fair value.

[3] Short-term debt is comprised of U.S. commercial paper and/or other similar short-term debt issued by non-U.S. subsidiaries, all of which are recorded at cost, which approximates fair value.

[4] Long-term debt includes the current portion of these debt instruments and excludes the monetization loan. Fair values were estimated based on quoted prices for financial instruments for which all significant inputs were observable, either directly or indirectly.

[5] The note, monetization loan and redeemable preferred securities of subsidiaries are not traded in active markets. Accordingly, their fair values were calculated using a floating rate pricing model that compared the stated spread to the fair value spread to determine the price at which each of the financial instruments should trade. The model used the following inputs to calculate fair values: face value, current LIBOR rate, unobservable fair value credit spread, stated spread, maturity date and interest or dividend payment dates.

[6] The fair value of the redeemable common securities of subsidiary was based on various inputs, including an independent third-party appraisal, adjusted for current market conditions.

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Valuation and Qualifying Accounts (Tables)

12 Months Ended

Dec. 31, 2013

Valuation and Qualifying Accounts

Schedule of Valuation and Qualifying Accounts [Table Text Block]

KIMBERLY-CLARK CORPORATION AND SUBSIDIARIES

SCHEDULE II

VALUATION AND QUALIFYING ACCOUNTS

FOR THE YEARS ENDED DECEMBER 31, 2013, 2012 AND 2011

(Millions of dollars)

Description	Balance at Beginning of Period		Additions					Deductions
			Charged to Costs and Expenses		Charged to Other Accounts(a)			Write-Offs and Reclassifications			Balance at End of Period
December 31, 2013
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	60	$	—	$	(4	)	$	5	(b)	$	51
Allowances for sales discounts	20		275		(1		)	274		(c)	20
December 31, 2012
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	57	$	9	$	—		$	6	(b)	$	60
Allowances for sales discounts	21		280		—			281		(c)	20
December 31, 2011
Allowances deducted from assets to which they apply
Allowance for doubtful accounts	$	62	$	5	$	(5	)	$	5	(b)	$	57
Allowances for sales discounts	18		275		—			272		(c)	21

^(a)  Includes bad debt recoveries and the effects of changes in foreign currency exchange rates.

^(b)  Primarily uncollectible receivables written off.

^(c)  Sales discounts allowed.

			Additions
Description	Balance at Beginning of Period		Charged to Costs and Expenses			Charged to Other Accounts		Deductions(a)			Balance at End of  Period
December 31, 2013
Deferred taxes
Valuation allowance	$	215	$	(11	)	$	—	$	7		$	197
December 31, 2012
Deferred taxes
Valuation allowance	$	229	$	(18	)	$	—	$	(4	)	$	215
December 31, 2011
Deferred taxes
Valuation allowance	$	287	$	(51	)	$	—	$	7		$	229

^(a)  Represents the net currency effects of translating valuation allowances at current rates of exchange.

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Consolidated Balance Sheet Consolidated Balance Sheet (Parenthetical) (USD $)	Dec. 31, 2013	Dec. 31, 2012
Statement of Financial Position [Abstract]
Preferred stock, Value, Issued	$ 0.00	$ 0.00
Preferred stock, shares authorized	20,000,000	20,000,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 1.25	$ 1.25
Common stock, shares authorized	1,200,000,000.0	1,200,000,000.0
Common stock, shares Issued	428,600,000.0	428,600,000.0
Common stock held in treasury, shares	47,798,000	39,322,000

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Business Segment and Geographic Data Information (Narrative) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Net sales to Wal-Mart Stores percent	12.00%	12.00%	12.00%
Income Tax Reconciliation, Nondeductible Expense			$ 32
K-C Venezuela [Member]
Charge for Devaluation Under Highly Inflationary Accounting	$ 36

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European Strategic Changes (European Strategic Changes [Member])

12 Months Ended

Dec. 31, 2013

European Strategic Changes [Member]

Restructuring Cost and Reserve

European Strategic Changes

European Strategic Changes

In 2012, we approved strategic changes related to our Western and Central European consumer and professional businesses to focus our resources and investments on stronger market positions and growth opportunities. We have exited the diaper category in that region, with the exception of the Italian market, and divested or exited some lower-margin businesses, mostly in consumer tissue, in certain markets. The changes primarily affect our consumer businesses, with a modest impact on K-C Professional ("KCP"). The restructuring actions commenced in 2012 and are expected to be completed by December 31, 2014.

Restructuring actions related to the strategic changes involve the sale or closure of five of our European manufacturing facilities and streamlining our administrative organization. The following charges were incurred in connection with the European strategic changes:

	Year Ended December 31
	2013			2012
Asset impairments	$	22		$	147
Charges for workforce reductions	10			77
Asset write-offs	13			10
Incremental depreciation	18			8
Benefit from pension curtailment	(31		)	—
Other exit costs	22			8
Cost of products sold	54			250
Charges for workforce reductions and other exit costs included in marketing, research and general expenses and other (income) and expense, net	27			49
Provision for income taxes	(15		)	(57		)
Net charges	$	66		$	242

The measurement of the charge for asset impairments was based on the excess of the carrying value of the impacted asset groups over their fair values.  These fair values were measured using discounted cash flows, expected over the limited time the assets would remain in use, and as a result, the assets were essentially written off. The use of the discounted cash flows represents a level 3 measure under the fair value hierarchy.

See Note 17 for charges related to the European strategic changes by segment.

The following summarizes the cash charges recorded and reconciles these charges to accrued expenses:

	2013			2012
Accrued expenses - January 1	$	133		$	—
Charges for workforce reductions and other exit costs	69			134
Cash payments	(156		)	(4		)
Currency and other	(9		)	3
Accrued expenses - December 31	$	37		$	133

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Stock-Based Compensation (Schedule of Unrecognized Compensation Costs and Amortization Periods) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013
Nonvested stock options
Share-based Compensation Arrangement by Share-based Payment Award
Unrecognized compensation costs	$ 8
Weighted- Average Service Years	1 year
Restricted shares and time-vested restricted share units
Share-based Compensation Arrangement by Share-based Payment Award
Unrecognized compensation costs	9
Weighted- Average Service Years	1 year 3 months 18 days
Nonvested performance-based restricted share units
Share-based Compensation Arrangement by Share-based Payment Award
Unrecognized compensation costs	$ 58
Weighted- Average Service Years	1 year 4 months 24 days

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Income Taxes (Reconciliation of Income Tax Provision) (Details)	12 Months Ended
	Dec. 31, 2013		Dec. 31, 2012		Dec. 31, 2011
Income Tax Expense (Benefit) [Abstract]
Tax at U.S. statutory rate applied to income before income taxes	35.00%		35.00%		35.00%
State income taxes, net of federal tax benefit	2.70%		1.70%		1.80%
Statutory rates other than U.S. statutory rate	(2.90%)		(2.80%)		(2.30%)
Other-net	(3.30%)	[1]	(2.20%)	[1]	(4.30%)	[1]
Effective income tax rate	31.50%		31.70%		30.20%

[1] Other - net is comprised of numerous items, none of which is greater than 1.75 percent of income before income taxes.

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Employee Postretirement Benefits (Cash Contributions to its Pension Trusts) (Details) (USD $) In Millions, unless otherwise specified	Dec. 31, 2013
Defined Benefit Pension [Member]
Defined Benefit Plan, Expected Future Benefit Payments in Year One	$ 369
Defined Benefit Plan, Expected Future Benefit Payments in Year Two	374
Defined Benefit Plan, Expected Future Benefit Payments in Year Three	374
Defined Benefit Plan, Expected Future Benefit Payments in Year Four	382
Defined Benefit Plan, Expected Future Benefit Payments in Year Five	386
Defined Benefit Plan, Expected Future Benefit Payments in Five Fiscal Years Thereafter	2,005
Other Postretirement Benefit Plans, Defined Benefit [Member]
Defined Benefit Plan, Expected Future Benefit Payments in Year One	57
Defined Benefit Plan, Expected Future Benefit Payments in Year Two	59
Defined Benefit Plan, Expected Future Benefit Payments in Year Three	60
Defined Benefit Plan, Expected Future Benefit Payments in Year Four	61
Defined Benefit Plan, Expected Future Benefit Payments in Year Five	63
Defined Benefit Plan, Expected Future Benefit Payments in Five Fiscal Years Thereafter	$ 326

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Accounting Policies (Policy)

12 Months Ended

Dec. 31, 2013

Accounting Policies [Abstract]

Use of Estimates

Use of Estimates

The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of net sales and expenses during the reporting periods. Actual results could differ from these estimates, and changes in these estimates are recorded when known. Estimates are used in accounting for, among other things, consumer and trade promotion and rebate accruals, pension and other postretirement benefits, future cash flows associated with impairment testing for goodwill and long-lived assets, and deferred tax assets and potential income tax assessments.

Cash Equivalents

Cash Equivalents

Cash equivalents are short-term investments with an original maturity date of three months or less.

Inventories and Distribution Costs

Inventories and Distribution Costs

Most U.S. inventories are valued at the lower of cost, using the Last-In, First-Out (LIFO) method, or market. The balance of the U.S. inventories and inventories of consolidated operations outside the U.S. are valued at the lower of cost, using either the First-In, First-Out (FIFO) or weighted-average cost methods, or market. Distribution costs are classified as cost of products sold.

Property and Depreciation

Property and Depreciation

Property, plant and equipment are stated at cost and are depreciated on the straight-line method. Buildings are depreciated over their estimated useful lives, primarily 40 years. Machinery and equipment are depreciated over their estimated useful lives, primarily ranging from 16 to 20 years. Purchases of computer software, including external costs and certain internal costs (including payroll and payroll-related costs of employees) directly associated with developing significant computer software applications for internal use, are capitalized. Computer software costs are amortized on the straight-line method over the estimated useful life of the software, which generally does not exceed 5 years.

Estimated useful lives are periodically reviewed and, when warranted, changes are made to them. Long-lived assets are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. An impairment loss would be indicated when estimated undiscounted future cash flows from the use and eventual disposition of an asset group, which are identifiable and largely independent of the cash flows of other asset groups, are less than the carrying amount of the asset group. Measurement of an impairment loss would be based on the excess of the carrying amount of the asset group over its fair value. Fair value is measured using discounted cash flows or independent appraisals, as appropriate. When property is sold or retired, the cost of the property and the related accumulated depreciation are removed from the Consolidated Balance Sheet and any gain or loss on the transaction is included in income.

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets

Goodwill represents costs in excess of fair values assigned to the underlying net assets of acquired businesses. Goodwill is not amortized, but rather is tested for impairment annually and whenever events and circumstances indicate that impairment may have occurred. During the third quarter of 2013, we changed the measurement date for our annual goodwill impairment test from the beginning of the fourth quarter to the beginning of the third quarter. This change did not result in the delay, acceleration or avoidance of an impairment charge. We believe this timing is preferable as it better aligns the goodwill impairment test with our strategic business planning process, which is a key component of the goodwill impairment test. The change was applied prospectively, as retrospective application would have been impractical because we are unable to objectively select assumptions that would have been used in previous periods without the benefit of hindsight.

Impairment testing compares the reporting unit carrying amount of goodwill with its fair value. Fair value is estimated based on discounted cash flows. If the reporting unit carrying amount of goodwill exceeds its fair value, an impairment charge would be recorded. We have completed the required annual testing of goodwill for impairment for all reporting units and have determined that goodwill is not impaired.

Intangible assets with finite lives are amortized over their estimated useful lives and are reviewed for impairment whenever events or changes in circumstances indicate that their carrying amount may not be recoverable. Estimated useful lives range from 2 to 30 years for trademarks, 5 to 17 years for patents and developed technologies, and 5 to 16 years for other intangible assets. An impairment loss would be indicated when estimated undiscounted future cash flows from the use of the asset are less than its carrying amount. An impairment loss would be measured as the difference between the fair value (based on discounted future cash flows) and the carrying amount of the asset.

Investments in Equity Companies

Investments in Equity Companies

Investments in companies which we do not control but over which we have the ability to exercise significant influence and that, in general, are at least 20 percent-owned by us, are stated at cost plus equity in undistributed net income. These investments are evaluated for impairment when warranted. An impairment loss would be recorded whenever a decline in value of an equity investment below its carrying amount is determined to be other than temporary. In judging "other than temporary," we would consider the length of time and extent to which the fair value of the equity company investment has been less than the carrying amount, the near-term and longer-term operating and financial prospects of the equity company, and our longer-term intent of retaining the investment in the equity company.

Revenue Recognition

Revenue Recognition

Sales revenue is recognized at the time of product shipment or delivery, depending on when title passes, to unaffiliated customers, and when all of the following have occurred: a firm sales agreement is in place, pricing is fixed or determinable, and collection is reasonably assured. Sales are reported net of returns, consumer and trade promotions, rebates and freight allowed. Taxes imposed by governmental authorities on our revenue-producing activities with customers, such as sales taxes and value-added taxes, are excluded from net sales.

Sales Incentives and Trade Promotion Allowances

Sales Incentives and Trade Promotion Allowances

The cost of promotion activities provided to customers is classified as a reduction in sales revenue. In addition, the estimated redemption value of consumer coupons is recorded at the time the coupons are issued and classified as a reduction in sales revenue. Estimates of trade promotion liabilities for promotional program costs incurred, but unpaid, are generally based on estimates of the quantity of customer sales, timing of promotional activities and forecasted costs for activities within the promotional programs.

Advertising Expense

Advertising Expense

Advertising costs are expensed in the year the related advertisement or campaign is first presented by the media. For interim reporting purposes, advertising expenses are charged to operations as a percentage of sales based on estimated sales and related advertising expense for the full year.

Research Expense

Research Expense

Research and development costs are charged to expense as incurred.

Environmental Expenditures

Environmental Expenditures

Environmental expenditures related to current operations that qualify as property, plant and equipment or which substantially increase the economic value or extend the useful life of an asset are capitalized, and all other environmental expenditures are expensed as incurred. Liabilities are recorded when environmental assessments and/or remedial efforts are probable and the costs can be reasonably estimated. Generally, the timing of these accruals coincides with completion of a feasibility study or a commitment to a formal plan of action. Liabilities for future expenditures for environmental remediation obligations are not discounted and do not reflect any anticipated recoveries from insurers.

Foreign Currency Translation

Foreign Currency Translation

The income statements of foreign operations, other than those in highly inflationary economies, are translated into U.S. dollars at rates of exchange in effect each month. The balance sheets of these operations are translated at period-end exchange rates, and the differences from historical exchange rates are reflected in stockholders' equity as unrealized translation adjustments.

The income statements and balance sheets of operations in highly inflationary economies are translated into U.S. dollars using both current and historical rates of exchange. We account for our operations in Venezuela using highly inflationary accounting.

Derivative Instruments and Hedging

Derivative Instruments and Hedging

All derivative instruments are recorded as assets or liabilities on the balance sheet at fair value. Changes in the fair value of derivatives are either recorded in the income statement or other comprehensive income, as appropriate. The gain or loss on derivatives designated as fair value hedges and the offsetting loss or gain on the hedged item attributable to the hedged risk are included in income in the period that changes in fair value occur. The effective portion of the gain or loss on derivatives designated as cash flow hedges is included in other comprehensive income in the period that changes in fair value occur, and is reclassified to income in the same period that the hedged item affects income. The gain or loss on derivatives designated as hedges of investments in foreign subsidiaries is recognized in other comprehensive income to offset the change in value of the net investments being hedged. Any ineffective portion of cash flow hedges and net investment hedges is immediately recognized in income. Certain foreign-currency derivative instruments not designated as hedging instruments have been entered into to manage a portion of our foreign currency transactional exposures. The gain or loss on these derivatives is included in income in the period that changes in their fair values occur. Our policies allow the use of derivatives for risk management purposes and prohibit their use for speculation. Our policies also prohibit the use of any leveraged derivative instrument. Consistent with our policies, foreign currency derivative instruments, interest rate swaps and locks, and the majority of commodity hedging contracts are entered into with major financial institutions. At inception we formally designate certain derivatives as cash flow, fair value or net investment hedges and establish how the effectiveness of these hedges will be assessed and measured. This process links the derivatives to the transactions or financial balances they are hedging. Changes in the fair value of derivatives not designated as hedging instruments are recorded in earnings as they occur. See Note 14 for disclosures about derivative instruments and hedging activities.

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Leases and Commitments (Narrative) (Details) (USD $) In Millions, unless otherwise specified	12 Months Ended
	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Leases and Commitments
Consolidated rental expense	$ 333	$ 283	$ 278
2014	481
2015	259
2016	189
2017	173
2018	177
Beyond 2018	$ 334

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Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Average Common Shares Outstanding Basic and Diluted

(Millions of shares)	2013	2012	2011
Average shares outstanding	384.0	393.0	395.4
Participating securities	—	—	0.3
Basic	384.0	393.0	395.7
Dilutive effect of stock options and restricted share unit awards	3.3	3.1	2.9
Diluted	387.3	396.1	398.6

Options Outstanding not Included in Computation of Diluted EPS

	2013		2012		2011
Average number of share equivalents (millions)	1.1		1.1		3.6
Weighted-average exercise price	$	103.29	$	78.54	$	71.49
Options outstanding at year-end (millions)	1.8		1.7		3.0

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Legal Matters

12 Months Ended

Dec. 31, 2013

Legal Matters

Legal Matters

Legal Matters

We are subject to various legal proceedings, claims and governmental inquiries, inspections, audits or investigations pertaining to issues such as contract disputes, product liability, tax matters, patents and trademarks, advertising, pricing, business practices, governmental regulations, employment and other matters. Although the results of litigation and claims cannot be predicted with certainty, we believe that the ultimate disposition of these matters, to the extent not previously provided for, will not have a material adverse effect, individually or in the aggregate, on our business, financial condition, results of operations or liquidity.