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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 4,484 $ 4,260 $ 8,883 $ 8,604
Cost of sales 1,930 1,704 3,757 3,411
Gross profit 2,554 2,556 5,126 5,193
Selling, general and administrative expenses 1,657 1,568 3,298 3,173
Other (income) expense, net 13 (8) 84 20
Operating profit 884 996 1,744 2,000
Non-service related postretirement costs 12 18 50 36
Interest (income) expense, net 31 25 58 54
Income before income taxes 841 953 1,636 1,910
Provision for income taxes 202 212 394 441
Net income including noncontrolling interests 639 741 1,242 1,469
Less: Net income attributable to noncontrolling interests 36 38 80 85
Net income attributable to Colgate-Palmolive Company $ 603 $ 703 $ 1,162 $ 1,384
Earnings per common share, basic (in dollars per share) $ 0.72 $ 0.83 $ 1.39 $ 1.63
Earnings per common share, diluted (in dollars per share) $ 0.72 $ 0.83 $ 1.38 $ 1.63