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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Current Assets    
Cash and cash equivalents $ 854 $ 883
Receivables (net of allowances of $84 and $76, respectively) 1,551 1,440
Inventories 1,301 1,400
Other current assets 542 456
Total current assets 4,248 4,179
Property, plant and equipment:    
Cost 8,167 8,580
Less: Accumulated depreciation (4,680) (4,830)
Property, plant and equipment, net 3,487 3,750
Goodwill 3,559 3,508
Other intangible assets, net 2,822 2,667
Deferred income taxes 179 177
Other assets 775 753
Total assets 15,070 15,034
Current Liabilities    
Notes and loans payable 255 260
Current portion of long-term debt 255 254
Accounts payable 1,216 1,237
Accrued income taxes 485 370
Other accruals 2,232 1,917
Total current liabilities 4,443 4,038
Long-term debt 7,336 7,333
Deferred income taxes 415 507
Other liabilities 2,535 2,598
Total liabilities 14,729 14,476
Shareholders’ Equity    
Common stock 1,466 1,466
Additional paid-in capital 2,623 2,488
Retained earnings 22,481 22,501
Accumulated other comprehensive income (loss) (4,578) (4,273)
Unearned compensation (1) (2)
Treasury stock, at cost (22,104) (22,063)
Total Colgate-Palmolive Company shareholders’ equity (113) 117
Noncontrolling interests 454 441
Total equity 341 558
Total liabilities and equity $ 15,070 $ 15,034