Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current Assets
Cash and cash equivalents	$ 883	$ 726
Receivables (net of allowances of $76 and $82, respectively)	1,440	1,400
Inventories	1,400	1,250
Other current assets	456	417
Total current assets	4,179	3,793
Property, plant and equipment, net	3,750	3,881
Goodwill	3,508	2,530
Other intangible assets, net	2,667	1,637
Deferred income taxes	177	152
Other assets	753	168
Total assets	15,034	12,161
Current Liabilities
Notes and loans payable	260	12
Current portion of long-term debt	254	0
Accounts payable	1,237	1,222
Accrued income taxes	370	411
Other accruals	1,917	1,696
Total current liabilities	4,038	3,341
Long-term debt	7,333	6,354
Deferred income taxes	507	235
Other liabilities	2,598	2,034
Total liabilities	14,476	11,964
Commitments and contingent liabilities
Shareholders’ Equity
Common stock, $1 par value (2,000,000,000 shares authorized, 1,465,706,360 shares issued)	1,466	1,466
Additional paid-in capital	2,488	2,204
Retained earnings	22,501	21,615
Accumulated other comprehensive income (loss)	(4,273)	(4,188)
Unearned compensation	(2)	(3)
Treasury stock, at cost	(22,063)	(21,196)
Total Colgate-Palmolive Company shareholders’ equity	117	(102)
Noncontrolling interests	441	299
Total equity	558	197
Total liabilities and equity	$ 15,034	$ 12,161