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Comprehensive Income
9 Months Ended
Sep. 30, 2011
Notes to Financial Statements [Abstract] 
Comprehensive Income
Comprehensive Income

The following are components of comprehensive income:

 
Three Months Ended
 
September 30, 2011
 
September 30, 2010
 
Colgate-Palmolive Company
 
Noncontrolling interests
 
Total
 
Colgate-Palmolive Company
 
Noncontrolling interests
 
Total
Net income
$
643

 
$
33

 
$
676

 
$
619

 
$
26

 
$
645

Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
 
 
 
 
Cumulative translation adjustment
(478
)
 
(5
)
 
(483
)
 
307

 
4

 
311

Retirement Plan and other retiree benefit adjustments
29

 
—

 
29

 
(332
)
 
—

 
(332
)
Gains (losses) on cash flow hedges
—

 
—

 
—

 
(3
)
 
—

 
(3
)
Other
(2
)
 
—

 
(2
)
 
(5
)
 
—

 
(5
)
Total Other comprehensive income (loss), net of tax
$
(451
)
 
$
(5
)
 
$
(456
)
 
$
(33
)
 
$
4

 
$
(29
)
Comprehensive income
$
192

 
$
28

 
$
220

 
$
586

 
$
30

 
$
616

 
Nine Months Ended
 
September 30, 2011
 
September 30, 2010
 
Colgate-Palmolive Company
 
Noncontrolling interests
 
Total
 
Colgate-Palmolive Company
 
Noncontrolling interests
 
Total
Net income
$
1,841

 
$
88

 
$
1,929

 
$
1,579

 
$
83

 
$
1,662

Other comprehensive income (loss), net of tax:
 
 
 
 
 
 
 
 
 
 
 
Cumulative translation adjustment
(183
)
 
(3
)
 
(186
)
 
126

 
3

 
129

Retirement Plan and other retiree benefit adjustments
57

 
—

 
57

 
(310
)
 
—

 
(310
)
Gains (losses) on cash flow hedges
(4
)
 
—

 
(4
)
 
(7
)
 
—

 
(7
)
Other
46

 
—

 
46

 
(21
)
 
—

 
(21
)
Total Other comprehensive income (loss), net of tax
$
(84
)
 
$
(3
)
 
$
(87
)
 
$
(212
)
 
$
3

 
$
(209
)
Comprehensive income
$
1,757

 
$
85

 
$
1,842

 
$
1,367

 
$
86

 
$
1,453



During the third quarter of 2010, the Company amended certain provisions of its defined benefit, defined contribution and retiree medical plans in the U.S. As a result, the Company was required to remeasure the benefit obligations and assets of each affected plan as of the amendment date, September 1, 2010. The impact from the remeasurement was a charge of $550 ($344 aftertax) to Other comprehensive income (loss), net, as reflected in the table above, primarily due to the 100 basis point reduction in the discount rate since December 31, 2009. The incremental impact to the Company’s net income due to the plan amendments for the remainder of 2010 was not significant.