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Earnings Per Share
12 Months Ended
Dec. 31, 2014
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share
 
For the Year Ended 2014
 
For the Year Ended 2013
 
For the Year Ended 2012
 
Net income attributable to Colgate-Palmolive Company
 
Shares
(millions)
 
Per
Share
 
Net income attributable to Colgate-Palmolive Company
 
Shares
(millions)
 
Per
Share
 
Net income attributable to Colgate-Palmolive Company
 
Shares
(millions)
 
Per
Share
Basic EPS
2,180

 
915.1

 
$
2.38

 
2,241

 
930.8

 
$
2.41

 
2,472

 
952.1

 
$
2.60

Stock options and restricted stock units
 
 
9.2

 
 

 
 

 
9.1

 
 

 
 

 
8.1

 
 

Diluted EPS
$
2,180

 
924.3

 
$
2.36

 
$
2,241

 
939.9

 
$
2.38

 
$
2,472

 
960.2

 
$
2.57


Basic earnings per common share is computed by dividing net income available for common stockholders by the weighted-average number of shares of common stock outstanding for the period.

Diluted earnings per common share is computed using the treasury stock method on the basis of the weighted-average number of shares of common stock plus the dilutive effect of potential common shares outstanding during the period. Dilutive potential common shares include outstanding stock options and restricted stock units.

As of December 31, 2014, 2013 and 2012, the average number of stock options that were anti-dilutive and not included in diluted earnings per share calculations were 1,729,511, 1,785,032 and 3,504,608, respectively. As of December 31, 2014, 2013 and 2012, the average number of restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 2,311, 3,709, and 2,252, respectively.