Earnings Per Share

9 Months Ended

Sep. 30, 2020

For the three months ended September 30, 2020 and 2019, earnings per share were as follows:


	Three Months Ended
	September 30, 2020					September 30, 2019
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	698	859.0	$	0.81	$	578	858.7	$	0.67
Stock options and restricted stock units			2.8					2.5
Diluted EPS	$	698	861.8	$	0.81	$	578	861.2	$	0.67

For the three months ended September 30, 2020 and 2019, the average number of stock options and restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 2,693,996 and 16,963,201, respectively.

For the nine months ended September 30, 2020 and 2019, earnings per share were as follows:


	Nine Months Ended
	September 30, 2020					September 30, 2019
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	2,048	857.7	$	2.39	$	1,724	860.1	$	2.00
Stock options and restricted stock units			1.8					2.3
Diluted EPS	$	2,048	859.5	$	2.38	$	1,724	862.4	$	2.00

For the nine months ended September 30, 2020 and 2019, the average number of stock options and restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 15,862,643 and 18,818,149, respectively.

Basic and diluted earnings per share are computed independently for each quarter and any year-to-date period presented. As a result of changes in the number of shares outstanding during the year and rounding, the sum of the quarters’ earnings per share may not necessarily equal the earnings per share for any year-to-date period.