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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
$ in Millions
3 Months Ended
Mar. 31, 2017
USD ($)
Dividend
$ / shares
Mar. 31, 2016
USD ($)
Dividend
$ / shares
Income Statement [Abstract]    
Net sales $ 3,762 $ 3,762
Cost of sales 1,493 1,514
Gross profit 2,269 2,248
Selling, general and administrative expenses 1,362 1,354
Other (income) expense, net 22 27
Operating profit 885 867
Interest (income) expense, net 23 28
Income before income taxes 862 839
Provision for income taxes 251 265
Net income including noncontrolling interests 611 574
Less: Net income attributable to noncontrolling interests 41 41
Net income attributable to Colgate-Palmolive Company $ 570 $ 533
Earnings per common share, basic (in dollars per share) | $ / shares $ 0.64 $ 0.60
Earnings per common share, diluted (in dollars per share) | $ / shares 0.64 0.59
Dividends declared per common share (in dollars per share) | $ / shares [1] $ 0.79 $ 0.77
Number of dividends declared per quarter (in dividends) | Dividend 2 2
[1] Two dividends were declared in the first quarter of 2017 and 2016.