Earnings Per Share

9 Months Ended

Sep. 30, 2022

For the three months ended September 30, 2022 and 2021, earnings per share were as follows:


	Three Months Ended
	September 30, 2022					September 30, 2021
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	618	835.7	$	0.74	$	634	843.6	$	0.75
Stock options and restricted stock units			2.8					2.8
Diluted EPS	$	618	838.5	$	0.74	$	634	846.4	$	0.75

For the three months ended September 30, 2022 and 2021, the average number of stock options and restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 2,891,324 and 2,318,391, respectively.

For the nine months ended September 30, 2022 and 2021, earnings per share were as follows:


	Nine Months Ended
	September 30, 2022					September 30, 2021
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	1,780	837.7	$	2.12	$	2,018	845.9	$	2.39
Stock options and restricted stock units			2.7					3.1
Diluted EPS	$	1,780	840.4	$	2.12	$	2,018	849.0	$	2.38

For the nine months ended September 30, 2022 and 2021, the average number of stock options and restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 3,709,818 and 2,763,779, respectively.

Basic and diluted earnings per share are computed independently for each quarter and any year-to-date period presented. As a result of changes in the number of shares outstanding during the year and rounding, the sum of the quarters’ earnings per share may not necessarily equal the earnings per share for any year-to-date period.