CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 989	$ 883
Receivables (net of allowances of $88 and $76, respectively)	1,292	1,440
Inventories	1,578	1,400
Other current assets	508	456
Total current assets	4,367	4,179
Property, plant and equipment:
Cost	8,380	8,580
Less: Accumulated depreciation	(4,874)	(4,830)
Property, plant and equipment, net	3,506	3,750
Goodwill	3,711	3,508
Other intangible assets, net	2,838	2,667
Deferred income taxes	208	177
Other assets	836	753
Total assets	15,466	15,034
Current Liabilities
Notes and loans payable	9	260
Current portion of long-term debt	256	254
Accounts payable	1,225	1,237
Accrued income taxes	423	370
Other accruals	2,568	1,917
Total current liabilities	4,481	4,038
Long-term debt	6,971	7,333
Deferred income taxes	406	507
Other liabilities	2,535	2,598
Total liabilities	14,393	14,476
Shareholders’ Equity
Common stock	1,466	1,466
Additional paid-in capital	2,837	2,488
Retained earnings	23,052	22,501
Accumulated other comprehensive income (loss)	(4,421)	(4,273)
Unearned compensation	(1)	(2)
Treasury stock, at cost	(22,280)	(22,063)
Total Colgate-Palmolive Company shareholders’ equity	653	117
Noncontrolling interests	420	441
Total equity	1,073	558
Total liabilities and equity	$ 15,466	$ 15,034