CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Current Assets
Cash and cash equivalents	$ 1,347	$ 1,315
Receivables (net of allowances of $76 and $73, respectively)	1,496	1,411
Inventories	1,189	1,171
Other current assets	564	441
Total current assets	4,596	4,338
Property, plant and equipment:
Cost	8,146	7,942
Less: Accumulated depreciation	(4,263)	(4,102)
Property, plant and equipment, net	3,883	3,840
Goodwill	2,134	2,107
Other intangible assets, net	1,312	1,313
Deferred income taxes	321	301
Other assets	202	224
Total assets	12,448	12,123
Current Liabilities
Notes and loans payable	7	13
Current portion of long-term debt	0	0
Accounts payable	1,116	1,124
Accrued income taxes	579	441
Other accruals	2,107	1,727
Total current liabilities	3,809	3,305
Long-term debt	6,466	6,520
Deferred income taxes	198	246
Other liabilities	1,980	2,035
Total liabilities	12,453	12,106
Shareholders’ Equity
Common stock	1,466	1,466
Additional paid-in capital	1,787	1,691
Retained earnings	19,782	19,922
Accumulated other comprehensive income (loss)	(4,052)	(4,180)
Unearned compensation	(3)	(7)
Treasury stock, at cost	(19,293)	(19,135)
Total Colgate-Palmolive Company shareholders’ equity	(313)	(243)
Noncontrolling interests	308	260
Total equity	(5)	17
Total liabilities and equity	$ 12,448	$ 12,123