CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 997	$ 883
Receivables (net of allowances of $85 and $76, respectively)	1,231	1,440
Inventories	1,524	1,400
Other current assets	460	456
Total current assets	4,212	4,179
Property, plant and equipment:
Cost	8,197	8,580
Less: Accumulated depreciation	(4,714)	(4,830)
Property, plant and equipment, net	3,483	3,750
Goodwill	3,628	3,508
Other intangible assets, net	2,787	2,667
Deferred income taxes	224	177
Other assets	807	753
Total assets	15,141	15,034
Current Liabilities
Notes and loans payable	253	260
Current portion of long-term debt	255	254
Accounts payable	1,189	1,237
Accrued income taxes	500	370
Other accruals	2,383	1,917
Total current liabilities	4,580	4,038
Long-term debt	6,884	7,333
Deferred income taxes	400	507
Other liabilities	2,545	2,598
Total liabilities	14,409	14,476
Shareholders’ Equity
Common stock	1,466	1,466
Additional paid-in capital	2,666	2,488
Retained earnings	22,731	22,501
Accumulated other comprehensive income (loss)	(4,519)	(4,273)
Unearned compensation	(1)	(2)
Treasury stock, at cost	(22,075)	(22,063)
Total Colgate-Palmolive Company shareholders’ equity	268	117
Noncontrolling interests	464	441
Total equity	732	558
Total liabilities and equity	$ 15,141	$ 15,034