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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]        
Net sales $ 4,822 $ 4,484 $ 9,592 $ 8,883
Cost of sales 2,035 1,930 4,093 3,757
Gross profit 2,787 2,554 5,499 5,126
Selling, general and administrative expenses 1,768 1,657 3,526 3,298
Other (income) expense, net 45 13 90 84
Operating profit 974 884 1,883 1,744
Non-service related postretirement costs 29 12 323 50
Interest (income) expense, net 58 31 112 58
Income before income taxes 887 841 1,448 1,636
Provision for income taxes 353 202 500 394
Net income including noncontrolling interests 534 639 948 1,242
Less: Net income attributable to noncontrolling interests 32 36 74 80
Net income attributable to Colgate-Palmolive Company $ 502 $ 603 $ 874 $ 1,162
Earnings per common share, basic (in dollars per share) $ 0.61 $ 0.72 $ 1.05 $ 1.39
Earnings per common share, diluted (in dollars per share) $ 0.60 $ 0.72 $ 1.05 $ 1.38