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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Net sales $ 4,325 $ 4,315
Cost of sales 1,801 1,800
Gross profit 2,524 2,515
Selling, general and administrative expenses 1,544 1,536
Other (income) expense, net 346 237
Operating profit 634 742
Interest (income) expense, net 7 (3)
Income before income taxes 627 745
Provision for income taxes 195 239
Net income including noncontrolling interests 432 506
Less: Net income attributable to noncontrolling interests 44 46
Net income attributable to Colgate-Palmolive Company $ 388 $ 460
Earnings per common share, basic (in dollars per share) $ 0.42 $ 0.49
Earnings per common share, diluted (in dollars per share) $ 0.42 $ 0.48
Dividends declared per common share (in dollars per share) $ 0.70 [1] $ 0.65 [1]
[1] Two dividends were declared in each period.