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Retirement Plans and Other Retiree Benefits
9 Months Ended
Sep. 30, 2024
Retirement Benefits [Abstract]  
Retirement Plans and Other Retiree Benefits Retirement Plans and Other Retiree Benefits
Components of Net periodic benefit cost for the three and nine months ended September 30, 2024 and 2023 were as follows:
Three Months Ended September 30,
 Pension BenefitsOther Retiree Benefits
 United StatesInternational  
 202420232024202320242023
Service cost$$— $$$$
Interest cost23 20 
Expected return on plan assets(20)(20)(7)(5)— — 
Amortization of actuarial losses (gains)10 12 (5)(6)
Net periodic benefit cost$14 $12 $$$$
Other postretirement charges— — — — — 
Total pension cost$19 $12 $$$$

Nine Months Ended September 30,
 Pension BenefitsOther Retiree Benefits
 United StatesInternational  
 202420232024202320242023
Service cost$$— $11 $$$
Interest cost70 68 22 22 26 29 
Expected return on plan assets(58)(61)(20)(14)— — 
Amortization of actuarial losses (gains)31 34 (13)(14)
Net periodic benefit cost$44 $41 $17 $20 $19 $21 
Other postretirement charges— — — — 
ERISA litigation matter— 267 — — — — 
Total pension cost$49 $312 $17 $20 $19 $21 

Other postretirement charges for the three and nine months ended September 30, 2024 included pension and other charges amounting to $5. Other postretirement charges for the three and nine months ended September 30, 2023 included pension and other charges of $0 and $4, respectively, incurred pursuant to the 2022 Global Productivity Initiative.

In the first quarter of 2023, the Company recorded a charge of $267 as a result of a decision of the United States Court of Appeals for the Second Circuit (the “Second Circuit”) affirming a grant of summary judgment to the plaintiffs in a lawsuit under the Employee Retirement Income Security Act (“ERISA”) seeking the recalculation of benefits and other relief associated with a 2005 residual annuity amendment to the Colgate-Palmolive Company Employees’ Retirement Income Plan (the “Retirement Plan”). The decision resulted in an increase in the obligations of the Retirement Plan, which based on the current funded status of the Retirement Plan and depending on the asset performance, impact of interest rates for the remainder of the year and further developments in the litigation, may require a cash contribution by the Company in 2025. See Note 9, Contingencies for additional information.

For the three and nine months ended September 30, 2024 and 2023, the Company made no voluntary contributions to its U.S. postretirement plans.