Earnings Per Share

12 Months Ended

Dec. 31, 2023

For the years ended December 31, 2023, 2022 and 2021, earnings per share were as follows:


	2023					2022					2021
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	2,300	827.4	$	2.78	$	1,785	836.4	$	2.13	$	2,166	845.0	$	2.56
Stock options and restricted stock units			1.8					2.4					3.3
Diluted EPS	$	2,300	829.2	$	2.77	$	1,785	838.8	$	2.13	$	2,166	848.3	$	2.55

Basic earnings per common share is computed by dividing net income available for common stockholders by the weighted-average number of shares of common stock outstanding for the period.

Diluted earnings per common share is computed using the treasury stock method on the basis of the weighted-average number of shares of common stock plus the dilutive effect of potential common shares outstanding during the period. Dilutive potential common shares include outstanding stock options and restricted stock units.

For the years ended December 31, 2023, 2022 and 2021, the average number of stock options that were anti-dilutive and not included in diluted earnings per share calculations were 13,719,286, 5,236,371 and 2,495,393, respectively. For the years ended December 31, 2023, 2022 and 2021, the average number of restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 1,183, 155,118 and 126,378, respectively.