Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current Assets
Cash and cash equivalents	$ 819	$ 775
Receivables (net of allowances of $82 and $70, respectively)	1,656	1,504
Inventories	2,039	2,074
Other current assets	923	760
Total current assets	5,437	5,113
Property, plant and equipment:
Cost	9,988	9,583
Less: Accumulated depreciation	(5,557)	(5,276)
Property, plant and equipment, net	4,431	4,307
Goodwill	3,373	3,352
Other intangible assets, net	1,901	1,920
Deferred income taxes	186	135
Other assets	899	904
Total assets	16,227	15,731
Current Liabilities
Notes and loans payable	19	11
Current portion of long-term debt	16	14
Accounts payable	1,544	1,551
Accrued income taxes	453	317
Other accruals	2,600	2,111
Total current liabilities	4,632	4,004
Long-term debt	8,954	8,741
Deferred income taxes	363	383
Other liabilities	1,963	1,797
Total liabilities	15,912	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	3,688	3,546
Retained earnings	24,258	24,573
Accumulated other comprehensive income (loss)	(3,935)	(4,055)
Unearned compensation	0	(1)
Treasury stock, at cost	(25,541)	(25,128)
Total Colgate-Palmolive Company shareholders’ equity	(64)	401
Noncontrolling interests	379	405
Total equity	315	806
Total liabilities and equity	$ 16,227	$ 15,731