XML 21 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]      
Net sales $ 19,457 $ 17,967 $ 17,421
Cost of sales 8,131 7,719 7,046
Gross profit 11,326 10,248 10,375
Selling, general and administrative expenses 7,151 6,565 6,407
Other (income) expense, net 191 69 65
Goodwill and intangible assets impairment charges 0 721 571
Operating profit 3,984 2,893 3,332
Non-service related postretirement costs 360 80 70
Interest (income) expense, net 232 153 175
Income before income taxes 3,392 2,660 3,087
Provision for income taxes 937 693 749
Net income including noncontrolling interests 2,455 1,967 2,338
Less: Net income attributable to noncontrolling interests 155 182 172
Net income attributable to Colgate-Palmolive Company $ 2,300 $ 1,785 $ 2,166
Earnings per common share, basic (in dollars per share) $ 2.78 $ 2.13 $ 2.56
Earnings per common share, diluted (in dollars per share) $ 2.77 $ 2.13 $ 2.55