KMB · 10-Q · 2026Q3 · Full report

Operating Cash Flow Trends

KIMBERLY CLARK CORP · 2026-11-05 · Importance 40 · Surprise 56 · From source text

Cash provided by operations increased to $2.4 billion for the nine months ended September 30, 2026 from $1.8 billion in the prior-year period. The increase reflected proceeds from a long-term license agreement with the joint venture, an insurance recovery, and favorable working-capital changes, partly offset by cash payments for restructuring, the IFP transaction, and Kenvue acquisition charges. Cash used for investing was $552 million, compared with $650 million a year earlier, while planned capital spending increased to $1.0 billion from $741 million. Cash used for financing was $673 million versus $1.6 billion, partly reflecting $1.3 billion of IFP Term Loan Facility proceeds.

Key facts

• Cash provided by operations was $2.4 billion in the nine months ended September 30, 2026, compared with $1.8 billion in 2025; the increase reflected license proceeds, insurance recovery, and favorable working-capital changes, partly offset by restructuring, IFP and Kenvue cash payments. source

Impact estimates