XML 12 R2.htm IDEA: XBRL DOCUMENT v3.21.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]    
Net sales $ 4,344 $ 4,097
Cost of sales 1,707 1,632
Gross profit 2,637 2,465
Selling, general and administrative expenses 1,605 1,473
Other (income) expense, net 28 40
Operating profit 1,004 952
Non-service related postretirement costs 18 21
Interest (income) expense, net 29 36
Income before income taxes 957 895
Provision for income taxes 229 147
Net income including noncontrolling interests 728 748
Less: Net income attributable to noncontrolling interests 47 33
Net income attributable to Colgate-Palmolive Company $ 681 $ 715
Earnings per common share, basic (in dollars per share) $ 0.80 $ 0.83
Earnings per common share, diluted (in dollars per share) $ 0.80 $ 0.83