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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 4,153 $ 3,928 $ 12,147 $ 11,678
Cost of sales 1,613 1,612 4,773 4,767
Gross profit 2,540 2,316 7,374 6,911
Selling, general and administrative expenses 1,518 1,429 4,386 4,163
Other (income) expense, net 4 31 72 125
Operating profit 1,018 856 2,916 2,623
Non-service related postretirement costs 15 27 56 79
Interest (income) expense, net 36 35 107 113
Income before income taxes 967 794 2,753 2,431
Provision for income taxes 222 167 585 586
Net income including noncontrolling interests 745 627 2,168 1,845
Less: Net income attributable to noncontrolling interests 47 49 120 121
Net income attributable to Colgate-Palmolive Company $ 698 $ 578 $ 2,048 $ 1,724
Earnings per common share, basic (in dollars per share) $ 0.81 $ 0.67 $ 2.39 $ 2.00
Earnings per common share, diluted (in dollars per share) $ 0.81 $ 0.67 $ 2.38 $ 2.00