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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current Assets    
Cash and cash equivalents $ 1,096 $ 966
Receivables (net of allowances of $85 and $80, respectively) 1,521 1,586
Inventories 1,987 1,934
Other current assets 713 793
Total current assets 5,317 5,279
Property, plant and equipment, net 4,422 4,582
Goodwill 3,272 3,410
Other intangible assets, net 1,756 1,887
Deferred income taxes 195 214
Other assets 1,084 1,021
Total assets 16,046 16,393
Current Liabilities    
Debt payable within one-year 660 330
Accounts payable 1,805 1,698
Accrued income taxes 403 336
Other accruals 2,891 2,377
Total current liabilities 5,759 4,741
Long-term debt 7,289 8,219
Deferred income taxes 343 361
Other liabilities 2,111 2,115
Total liabilities 15,502 15,436
Commitments and contingent liabilities 0 0
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 4,181 3,808
Retained earnings 26,145 25,289
Accumulated other comprehensive income (loss) (4,222) (3,937)
Treasury stock, at cost (27,358) (26,017)
Total Colgate-Palmolive Company shareholders’ equity 212 609
Noncontrolling interests 332 348
Total equity 544 957
Total liabilities and equity $ 16,046 $ 16,393