Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2014		Dec. 31, 2013
Current Assets
Cash and cash equivalents	$ 1,089		$ 962
Receivables (net of allowances of $54 and $67, respectively)	1,552		1,636
Inventories	1,382		1,425
Other current assets	840		908
Total current assets	4,863		4,931
Property, plant and equipment, net	4,080		4,083
Goodwill	2,307		2,474
Other intangible assets, net	1,413		1,496
Deferred income taxes	76		77
Other assets	720		924
Total assets	13,459	[1]	13,985	[1]
Current Liabilities
Notes and loans payable	16		13
Current portion of long-term debt	488		895
Accounts payable	1,231		1,343
Accrued income taxes	294		239
Other accruals	1,917		2,089
Total current liabilities	3,946		4,579
Long-term debt	5,644		4,749
Deferred income taxes	261		444
Other liabilities	2,223		1,677
Total liabilities	12,074		11,449
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	1,236		1,004
Retained earnings	18,832		17,952
Accumulated other comprehensive income (loss)	(3,507)		(2,451)
Unearned compensation	(20)		(33)
Treasury stock, at cost	(16,862)		(15,633)
Total Colgate-Palmolive Company shareholders’ equity	1,145		2,305
Noncontrolling interests	240		231
Total shareholders’ equity	1,385		2,536
Total liabilities and shareholders’ equity	$ 13,459		$ 13,985

[1] Long-lived assets in the U.S., primarily property, plant and equipment and goodwill and other intangibles represented approximately one-third of total long-lived assets of $8,086, $8,248 and $8,066 in 2014, 2013 and 2012, respectively.