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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Net sales $ 5,033 $ 4,915 $ 15,156 $ 14,507
Cost of sales 1,959 2,038 5,977 6,131
Gross profit 3,074 2,877 9,179 8,376
Selling, general and administrative expenses 1,979 1,822 5,833 5,348
Other (income) expense, net 30 26 141 116
Operating profit 1,065 1,029 3,205 2,912
Non-service related postretirement costs 23 15 67 338
Interest (income) expense, net 56 58 175 170
Income before income taxes 986 956 2,963 2,404
Provision for income taxes 210 209 693 709
Net income including noncontrolling interests 776 747 2,270 1,695
Less: Net income attributable to noncontrolling interests 39 39 120 113
Net income attributable to Colgate-Palmolive Company $ 737 $ 708 $ 2,150 $ 1,582
Earnings per common share, basic (in dollars per share) $ 0.90 $ 0.86 $ 2.62 $ 1.91
Earnings per common share, diluted (in dollars per share) $ 0.90 $ 0.86 $ 2.61 $ 1.90