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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Net sales $ 16,471 $ 15,693 $ 15,544
Cost of sales 6,454 6,368 6,313
Gross profit 10,017 9,325 9,231
Selling, general and administrative expenses 6,019 5,575 5,389
Other (income) expense, net 113 196 148
Operating profit 3,885 3,554 3,694
Non-service related postretirement costs 74 108 87
Interest (income) expense, net 164 145 143
Income before income taxes 3,647 3,301 3,464
Provision for income taxes 787 774 906
Net income including noncontrolling interests 2,860 2,527 2,558
Less: Net income attributable to noncontrolling interests 165 160 158
Net income attributable to Colgate-Palmolive Company $ 2,695 $ 2,367 $ 2,400
Earnings per common share, basic (in dollars per share) $ 3.15 $ 2.76 $ 2.76
Earnings per common share, diluted (in dollars per share) $ 3.14 $ 2.75 $ 2.75