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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 863 $ 726
Receivables (net of allowances of $87 and $82, respectively) 1,590 1,400
Inventories 1,322 1,250
Other current assets 480 417
Total current assets 4,255 3,793
Property, plant and equipment:    
Cost 8,476 8,336
Less: Accumulated depreciation (4,683) (4,455)
Property, plant and equipment, net 3,793 3,881
Goodwill 2,536 2,530
Other intangible assets, net 1,609 1,637
Deferred income taxes 167 152
Other assets 791 168
Total assets 13,151 12,161
Current Liabilities    
Notes and loans payable 4 12
Current portion of long-term debt 1 0
Accounts payable 1,209 1,222
Accrued income taxes 293 411
Other accruals 2,275 1,696
Total current liabilities 3,782 3,341
Long-term debt 6,640 6,354
Deferred income taxes 303 235
Other liabilities 2,436 2,034
Total liabilities 13,161 11,964
Shareholders’ Equity    
Common stock 1,466 1,466
Additional paid-in capital 2,338 2,204
Retained earnings 21,653 21,615
Accumulated other comprehensive income (loss) (4,119) (4,188)
Unearned compensation (3) (3)
Treasury stock, at cost (21,682) (21,196)
Total Colgate-Palmolive Company shareholders’ equity (347) (102)
Noncontrolling interests 337 299
Total equity (10) 197
Total liabilities and equity $ 13,151 $ 12,161