Kimberly-Clark 8-K: Financial Condition Update, 0.625% Notes Due 2024

TL;DR

**KMB filed an 8-K on Jan 24, 2024, updating on financial condition and its 0.625% Notes due 2024.**

AI Summary

Kimberly-Clark Corporation filed an 8-K on January 24, 2024, to report on its financial condition and results of operations. The filing specifically mentions its Common Stock (KMB) and 0.625% Notes due 2024 (KMB24), both registered on the New York Stock Exchange. This matters to investors because it provides an update on the company's financial health, particularly regarding its debt obligations maturing in 2024, which could impact future earnings and dividend capacity.

Why It Matters

This filing provides a routine update on Kimberly-Clark's financial status, including details about its maturing 0.625% Notes due 2024, which is important for assessing the company's short-term debt management.

Risk Assessment

Risk Level: low — This 8-K is a standard informational filing and does not indicate any immediate new risks or significant changes to the company's operations.

Analyst Insight

Investors should note the upcoming maturity of the 0.625% Notes due 2024 and monitor future filings for details on how Kimberly-Clark plans to address this debt, which could impact cash flow or future interest expenses.

Key Numbers

• 0.625% — Interest Rate (Rate for the KMB24 Notes due 2024)
• 2024 — Maturity Year (Year the KMB24 Notes are due)

Key Players & Entities

• KIMBERLY-CLARK CORPORATION (company) — registrant filing the 8-K
• New York Stock Exchange (company) — exchange where KMB stock and notes are registered
• 0.625% (dollar_amount) — interest rate of notes due 2024
• 2024 (date) — maturity year for the notes

Forward-Looking Statements

• Kimberly-Clark will successfully manage the repayment or refinancing of its 0.625% Notes due 2024. (KIMBERLY-CLARK CORPORATION) — high confidence, target: 2024-12-31

FAQ

From the Filing

0000055785-24-000006.txt : 20240124 0000055785-24-000006.hdr.sgml : 20240124 20240124070511 ACCESSION NUMBER: 0000055785-24-000006 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240124 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240124 DATE AS OF CHANGE: 20240124 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KIMBERLY CLARK CORP CENTRAL INDEX KEY: 0000055785 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 390394230 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-00225 FILM NUMBER: 24554214 BUSINESS ADDRESS: STREET 1: 351 PHELPS DRIVE CITY: IRVING STATE: TX ZIP: 75038 BUSINESS PHONE: 9722811200 MAIL ADDRESS: STREET 1: P O BOX 619100 STREET 2: DFW AIRPORT STATION CITY: DALLAS STATE: TX ZIP: 75261-9100 8-K 1 pre-20240124.htm 8-K FORM pre-20240124 0000055785 FALSE 0000055785 2024-01-24 2024-01-24 0000055785 us-gaap:CommonStockMember 2024-01-24 2024-01-24 0000055785 pre:A0625NotesDue2024Member 2024-01-24 2024-01-24 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: January 24, 2024 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, TX 75261-9100 (Address of principal executive offices) (Zip code) Registrant’s telephone number, including area code: (972) 281-1200 Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock KMB New York Stock Exchange 0.625% Notes due 2024 KMB24 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  o Item 2.02    Results of Operations and Financial Condition. Attached and incorporated herein by reference as Exhibit 99.1 is a copy of the press release of Kimberly-Clark Corporation (the "Corporation"), dated January 24, 2024 reporting the Corporation’s results of operations for the period ended December 31, 2023. The information, including exhibits attached hereto, in Item 2.02 of this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in Item 2.02 of this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act