Earnings Per Share

12 Months Ended

Dec. 31, 2022

For the years ended December 31, 2022, 2021 and 2020, earnings per share were as follows:


	2022					2021					2020
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	1,785	836.4	$	2.13	$	2,166	845.0	$	2.56	$	2,695	856.8	$	3.15
Stock options and restricted stock units			2.4					3.3					2.5
Diluted EPS	$	1,785	838.8	$	2.13	$	2,166	848.3	$	2.55	$	2,695	859.3	$	3.14

Basic earnings per common share is computed by dividing net income available for common stockholders by the weighted-average number of shares of common stock outstanding for the period.

Diluted earnings per common share is computed using the treasury stock method on the basis of the weighted-average number of shares of common stock plus the dilutive effect of potential common shares outstanding during the period. Dilutive potential common shares include outstanding stock options and restricted stock units.

As of December 31, 2022, 2021 and 2020, the average number of stock options that were anti-dilutive and not included in diluted earnings per share calculations were 5,236,371, 2,495,393 and 3,257,310, respectively. As of December 31, 2022, 2021 and 2020, the average number of restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 155,118, 126,378 and 25,381, respectively.