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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 1,234 $ 966
Receivables (net of allowances of $88 and $80, respectively) 1,712 1,586
Inventories 2,041 1,934
Other current assets 819 793
Total current assets 5,806 5,279
Property, plant and equipment:    
Cost 10,238 10,286
Less: Accumulated depreciation (5,817) (5,704)
Property, plant and equipment, net 4,421 4,582
Goodwill 3,389 3,410
Other intangible assets, net 1,834 1,887
Deferred income taxes 219 214
Other assets 1,105 1,021
Total assets 16,774 16,393
Current Liabilities    
Notes and loans payable 507 310
Current portion of long-term debt 20 20
Accounts payable 1,625 1,698
Accrued income taxes 347 336
Other accruals 3,066 2,377
Total current liabilities 5,565 4,741
Long-term debt 7,909 8,219
Deferred income taxes 320 361
Other liabilities 2,144 2,115
Total liabilities 15,938 15,436
Shareholders’ Equity    
Common stock, $1 par value (2,000,000,000 shares authorized, 1,465,706,360 shares issued) 1,466 1,466
Additional paid-in capital 4,142 3,808
Retained earnings 25,814 25,289
Accumulated other comprehensive income (loss) (4,074) (3,937)
Treasury stock, at cost (26,913) (26,017)
Total Colgate-Palmolive Company shareholders’ equity 435 609
Noncontrolling interests 401 348
Total equity 836 957
Total liabilities and equity $ 16,774 $ 16,393