XML 61 R41.htm IDEA: XBRL DOCUMENT v3.6.0.2
Supplemental Comprehensive Income (Loss) Information (Tables)
12 Months Ended
Dec. 31, 2016
Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Comprehensive Income (Loss)
Other comprehensive income (loss) components attributable to Colgate-Palmolive Company before tax and net of tax during the years ended December 31 were as follows:
 
 
2016
 
2015
 
2014
 
 
Pre-tax
Net of Tax
 
Pre-tax
Net of Tax
 
Pre-tax
Net of Tax
 
 
 
 
 
 
 
 
 
 
Cumulative translation adjustments
 
$
(97
)
$
(125
)
 
$
(721
)
$
(745
)
 
$
(663
)
$
(681
)
Reclassification due to Venezuela deconsolidation(1)
 


 
111

111

 


Cumulative translation adjustments
 
(97
)
(125
)
 
(610
)
(634
)
 
(663
)
(681
)
Pension and other benefits:
 
 
 
 
 
 
 
 
 
   Net actuarial gain (loss), prior
   service costs and settlements
   during the period
 
(231
)
(152
)
 
182

115

 
(580
)
(374
)
   Amortization of net actuarial loss,
   transition and prior service costs(2)
 
63

43

 
82

52

 
67

45

Reclassification due to Venezuela deconsolidation(1)
 


 
44

29

 


Retirement Plan and other retiree benefit
adjustments
 
(168
)
(109
)
 
308

196

 
(513
)
(329
)
Available-for-sale securities:
 
 
 
 
 
 
 
 
 
   Unrealized gains (losses) on available-
   for-sale securities(3)
 


 
(18
)
(12
)
 
(341
)
(222
)
   Reclassification of (gains) losses
   into net earnings on available-
   for-sale securities(4)
 
(1
)
(1
)
 
14

11

 
267

174

Reclassification due to Venezuela deconsolidation(1)
 


 
(10
)
(6
)
 


Gains (losses) on available-for-sale
securities
 
(1
)
(1
)
 
(14
)
(7
)
 
(74
)
(48
)
Cash flow hedges:
 
 
 
 
 
 
 
 
 
   Unrealized gains (losses) on cash flow
   hedges
 
11

8

 
18

12

 
9

6

   Reclassification of (gains) losses
   into net earnings on cash flow
   hedges(5)
 
(4
)
(3
)
 
(16
)
(10
)
 
(5
)
(4
)
Gains (losses) on cash flow hedges
 
7

5

 
2

2

 
4

2

Total Other comprehensive income (loss)
 
$
(259
)
$
(230
)
 
$
(314
)
$
(443
)
 
$
(1,246
)
$
(1,056
)

_________
(1) 
Represents reclassifications from Accumulated other comprehensive income (loss) due to the deconsolidation of the Company’s Venezuelan operations. Cumulative translation, net actuarial gain (loss) and unrealized gains (losses) on available-for-sale securities were reclassified into the Charge for Venezuela accounting change on the Consolidated Statement of Income.
(2) 
These components of Other comprehensive income (loss) are included in the computation of total pension cost. See Note 10, Retirement Plans and Other Retiree Benefits for additional details.
(3) 
For the year ended December 31, 2015, these amounts included pretax net losses of $50 related to the remeasurement of the bolivar-denominated fixed interest rate bonds and the devaluation-protected bonds in Venezuela.
For the year ended December 31, 2014, these amounts included pretax losses of $324 related to the remeasurement of the bolivar-denominated fixed interest rate bonds and the devaluation-protected bonds in Venezuela.
(4) 
Represents reclassification of losses on the Venezuela bonds into Other (income) expense, net due to an impairment in the fair value of the bonds as a result of the effective devaluations in the second and third quarters of 2015 and the first and third quarters of 2014.
(5) 
These (gains) losses are reclassified into Cost of sales. See Note 7, Fair Value Measurements and Financial Instruments for additional details.