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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 3,897 $ 3,866 $ 7,994 $ 7,750
Cost of sales 1,528 1,558 3,160 3,155
Gross profit 2,369 2,308 4,834 4,595
Selling, general and administrative expenses 1,395 1,369 2,868 2,734
Other (income) expense, net 28 51 68 94
Operating profit 946 888 1,898 1,767
Non-service related postretirement costs 20 27 41 52
Interest (income) expense, net 35 38 71 78
Income before income taxes 891 823 1,786 1,637
Provision for income taxes 216 205 363 419
Net income including noncontrolling interests 675 618 1,423 1,218
Less: Net income attributable to noncontrolling interests 40 32 73 72
Net income attributable to Colgate-Palmolive Company $ 635 $ 586 $ 1,350 $ 1,146
Earnings per common share, basic (in dollars per share) $ 0.74 $ 0.68 $ 1.58 $ 1.33
Earnings per common share, diluted (in dollars per share) $ 0.74 $ 0.68 $ 1.57 $ 1.33