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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net sales $ 5,058 $ 4,822 $ 10,124 $ 9,592
Cost of sales 1,992 2,035 4,019 4,093
Gross profit 3,066 2,787 6,105 5,499
Selling, general and administrative expenses 1,939 1,768 3,855 3,526
Other (income) expense, net 35 45 111 90
Operating profit 1,092 974 2,139 1,883
Non-service related postretirement costs 22 29 44 323
Interest (income) expense, net 60 58 118 112
Income before income taxes 1,010 887 1,977 1,448
Provision for income taxes 243 353 482 500
Net income including noncontrolling interests 767 534 1,495 948
Less: Net income attributable to noncontrolling interests 36 32 81 74
Net income attributable to Colgate-Palmolive Company $ 731 $ 502 $ 1,414 $ 874
Earnings per common share, basic (in dollars per share) $ 0.89 $ 0.61 $ 1.72 $ 1.05
Earnings per common share, diluted (in dollars per share) $ 0.89 $ 0.60 $ 1.71 $ 1.05