Earnings Per Share

6 Months Ended

Jun. 30, 2023

For the three months ended June 30, 2023 and 2022, earnings per share were as follows:


	Three Months Ended
	June 30, 2023					June 30, 2022
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	502	829.4	$	0.61	$	603	836.8	$	0.72
Stock options and restricted stock units			1.9					2.6
Diluted EPS	$	502	831.3	$	0.60	$	603	839.4	$	0.72

For the three months ended June 30, 2023 and 2022, the average number of stock options and restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 6,268,944 and 3,835,115, respectively.

For the six months ended June 30, 2023 and 2022, earnings per share were as follows:


	Six Months Ended
	June 30, 2023					June 30, 2022
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	874	830.4	$	1.05	$	1,162	838.7	$	1.39
Stock options and restricted stock units			1.7					2.8
Diluted EPS	$	874	832.1	$	1.05	$	1,162	841.5	$	1.38

For the six months ended June 30, 2023 and 2022, the average number of stock options and restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 13,482,312 and 4,136,899, 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.