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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
  
Total
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
2012
 
 
 
 
 
 
 
 
 
 
Net sales
$
17,085

 
$
4,200

 
$
4,267

 
$
4,332

 
$
4,286

 
Gross profit
9,932

(1) 
2,437

(3) 
2,461

(5) 
2,529

(7) 
2,505

(9) 
Net income including noncontrolling interests
2,631

(2) 
633

(4) 
665

(6) 
697

(8) 
636

(10) 
Net income attributable to Colgate-Palmolive Company
2,472

(2) 
593

(4) 
627

(6) 
654

(8) 
598

(10) 
Earnings per common share:
 
 
 

 
 
 
 
 
 
 
Basic
5.19

(2) 
1.24

(4) 
1.31

(6) 
1.38

(8) 
1.27

(10) 
Diluted
5.15

(2) 
1.23

(4) 
1.30

(6) 
1.36

(8) 
1.26

(10) 
 
 
 
 
 
 
 
 
 
 
 
2011
 

 
 

 
 

 
 

 
 

 
Net sales
$
16,734

 
$
3,994

 
$
4,185

 
$
4,383

 
$
4,172

 
Gross profit
9,590

(11) 
2,331

 
2,404

 
2,462

(13) 
2,393

(15) 
Net income including noncontrolling interests
2,554

(12) 
607

 
646

 
676

(14) 
625

(16) 
Net income attributable to Colgate-Palmolive Company
2,431

(12) 
576

 
622

 
643

(14) 
590

(16) 
Earnings per common share:
 

 
 

 
 

 
 

 
 

 
Basic
4.98

(12) 
1.17

 
1.27

 
1.32

(14) 
1.22

(16) 
Diluted
4.94

(12) 
1.16

 
1.26

 
1.31

(14) 
1.21

(16) 

____________
Note:
Basic and diluted earnings per share are computed independently for each quarter presented. Accordingly, the sum of the quarterly earnings per common share may not agree with the calculated full year earnings per common share.

(1) 
Gross profit for the full year of 2012 includes $2 of charges related to the 2012 Restructuring Program, $24 of costs related to the sale of land in Mexico and $5 of costs associated with the business realignment and other cost-saving initiatives.
(2) 
Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the full year of 2012 include $70 of aftertax charges related to the 2012 Restructuring Program, $18 of aftertax costs related to the sale of land in Mexico and $14 of aftertax costs associated with the business realignment and other cost-saving initiatives.
(3) 
Gross profit for the first quarter of 2012 includes $7 of costs related to the sale of land in Mexico and $2 of costs associated with the business realignment and other cost-saving initiatives.
(4) 
Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the first quarter of 2012 include $5 of aftertax costs related to the sale of land in Mexico and $3 of aftertax costs associated with the business realignment and other cost-saving initiatives.
(5) 
Gross profit for the second quarter of 2012 includes $6 of costs related to the sale of land in Mexico and $2 of costs associated with the business realignment and other cost-saving initiatives.
(6) 
Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the second quarter of 2012 include $5 of aftertax costs related to the sale of land in Mexico and $9 of aftertax costs associated with the business realignment and other cost-saving initiatives.
(7) 
Gross profit for the third quarter of 2012 includes $7 of costs related to the sale of land in Mexico and $1 of costs associated with the business realignment and other cost-saving initiatives.
(8) 
Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the third quarter of 2012 include $5 of aftertax costs related to the sale of land in Mexico and $2 of aftertax costs associated with the business realignment and other cost-saving initiatives.
(9) 
Gross profit for the fourth quarter of 2012 includes $2 of charges related to the 2012 Restructuring Program and $4 of costs related to the sale of land in Mexico.
(10) 
Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the fourth quarter of 2012 include $70 of aftertax charges related to the 2012 Restructuring Program and $3 of aftertax costs related to the sale of land in Mexico.
(11) 
Gross profit for the full year of 2011 includes $44 of costs associated with the business realignment and other cost-saving initiatives.
(12) 
Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the full year of 2011 include a $135 aftertax gain resulting from the sale of the non-core laundry detergent business in Colombia, $147 of aftertax costs associated with the business realignment and other cost-saving initiatives, $9 of aftertax costs related to the sale of land in Mexico and a $21 charge for a competition law matter in France related to a divested detergent business.
(13) 
Gross profit for the third quarter of 2011 includes $28 of costs associated with the business realignment and other cost-saving initiatives.
(14) 
Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the third quarter of 2011 include a $135 aftertax gain resulting from the sale of the non-core laundry detergent business in Colombia, $128 of aftertax costs associated with the business realignment and other cost-saving initiatives and $5 of aftertax costs related to the sale of land in Mexico.
(15) 
Gross profit for the fourth quarter of 2011 includes $16 of costs associated with the business realignment and other cost-saving initiatives.
(16) 
Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the fourth quarter of 2011 includes $19 of aftertax costs associated with the business realignment and other cost-saving initiatives, $4 of aftertax costs related to the sale of land in Mexico and a $21 charge for a competition law matter in France related to a divested detergent business.