CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 867	$ 775
Receivables (net of allowances of $81 and $70, respectively)	1,590	1,504
Inventories	2,110	2,074
Other current assets	899	760
Total current assets	5,466	5,113
Property, plant and equipment:
Cost	9,815	9,583
Less: Accumulated depreciation	(5,452)	(5,276)
Property, plant and equipment, net	4,363	4,307
Goodwill	3,375	3,352
Other intangible assets, net	1,918	1,920
Deferred income taxes	179	135
Other assets	872	904
Total assets	16,173	15,731
Current Liabilities
Notes and loans payable	22	11
Current portion of long-term debt	15	14
Accounts payable	1,609	1,551
Accrued income taxes	297	317
Other accruals	2,498	2,111
Total current liabilities	4,441	4,004
Long-term debt	8,870	8,741
Deferred income taxes	421	383
Other liabilities	2,016	1,797
Total liabilities	15,748	14,925
Shareholders’ Equity
Common stock, $1 par value (2,000,000,000 shares authorized, 1,465,706,360 shares issued)	1,466	1,466
Additional paid-in capital	3,603	3,546
Retained earnings	24,153	24,573
Accumulated other comprehensive income (loss)	(3,983)	(4,055)
Unearned compensation	0	(1)
Treasury stock, at cost	(25,245)	(25,128)
Total Colgate-Palmolive Company shareholders’ equity	(6)	401
Noncontrolling interests	431	405
Total equity	425	806
Total liabilities and equity	$ 16,173	$ 15,731