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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net sales $ 4,915 $ 4,455 $ 14,507 $ 13,338
Cost of sales 2,038 1,907 6,131 5,664
Gross profit 2,877 2,548 8,376 7,674
Selling, general and administrative expenses 1,822 1,634 5,348 4,932
Other (income) expense, net 26 (33) 116 51
Operating profit 1,029 947 2,912 2,691
Non-service related postretirement costs 15 15 338 65
Interest (income) expense, net 58 40 170 98
Income before income taxes 956 892 2,404 2,528
Provision for income taxes 209 210 709 604
Net income including noncontrolling interests 747 682 1,695 1,924
Less: Net income attributable to noncontrolling interests 39 64 113 144
Net income attributable to Colgate-Palmolive Company $ 708 $ 618 $ 1,582 $ 1,780
Earnings per common share, basic (in dollars per share) $ 0.86 $ 0.74 $ 1.91 $ 2.12
Earnings per common share, diluted (in dollars per share) $ 0.86 $ 0.74 $ 1.90 $ 2.12