XML 14 R2.htm IDEA: XBRL DOCUMENT v3.5.0.2
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
USD ($)
$ / shares
Mar. 31, 2016
Dividend
Sep. 30, 2015
USD ($)
$ / shares
Mar. 31, 2015
Dividend
Sep. 30, 2016
USD ($)
$ / shares
Sep. 30, 2015
USD ($)
$ / shares
Income Statement [Abstract]            
Net sales $ 3,867   $ 3,999   $ 11,474 $ 12,135
Cost of sales 1,543   1,652   4,598 5,029
Gross profit 2,324   2,347   6,876 7,106
Selling, general and administrative expenses 1,322   1,347   3,996 4,178
Other (income) expense, net (69)   (136)   (2) 0
Operating profit 1,071   1,136   2,882 2,928
Interest (income) expense, net 25   5   78 19
Income before income taxes 1,046   1,131   2,804 2,909
Provision for income taxes 300   361   846 940
Net income including noncontrolling interests 746   770   1,958 1,969
Less: Net income attributable to noncontrolling interests 44   44   123 127
Net income attributable to Colgate-Palmolive Company $ 702   $ 726   $ 1,835 $ 1,842
Earnings per common share, basic (in dollars per share) | $ / shares $ 0.79   $ 0.81   $ 2.05 $ 2.04
Earnings per common share, diluted (in dollars per share) | $ / shares 0.78   0.80   2.04 2.02
Dividends declared per common share (in dollars per share) | $ / shares [1] $ 0.39   $ 0.38   $ 1.55 $ 1.50
Number of dividends declared per quarter (in dividends) | Dividend   2   2    
[1] Two dividends were declared in the first quarter of 2016 and 2015.