KMB · 10-Q · 2026Q3 · Full report

Kenvue Integration Program

KIMBERLY CLARK CORP · 2026-11-05 · Importance 64 · Surprise 42 · In source text

The Board approved the Kenvue Integration Program on October 30, 2026, with actions beginning November 2 and completion expected by December 31, 2029. The program is expected to generate operating-profit synergies by 2030 and incur cumulative pre-tax charges of approximately $3.1 billion, comprising $2.5 billion cash and $0.6 billion non-cash. Planned cash costs include approximately $800 million for supply-chain network optimization, $600 million for ERP and technology integration, $400 million for workforce optimization, $400 million for advisory services, and $300 million for program management and other restructuring and integration costs.

Key facts

• The Kenvue Integration Program is expected to incur approximately $3.1 billion in cumulative pre-tax charges: $2.5 billion cash and $0.6 billion non-cash. source
• Expected Kenvue Integration Program cash charges include approximately $800 million for supply chain network optimization, $600 million for ERP and technology integration, $400 million for workforce optimization, $400 million for advisory services, and $300 million for program management and other restructuring and integration costs. source
• Kimberly-Clark's Board approved the Kenvue Integration Program on October 30, 2026; the program is intended to achieve operating profit synergies by 2030. source
• Kenvue Integration Program actions commenced November 2, 2026 and are expected to be completed by December 31, 2029. source

Impact estimates