XML 33 R77.htm IDEA: XBRL DOCUMENT v2.4.1.9
Quarterly Financial Data (Unaudited) (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Quarterly financial data (Unaudited) [Abstract]                      
Charge for a foreign tax matter   $ 66cl_TaxChargeResultingfromAdverseOpinionofTaxAuthorities             $ 66cl_TaxChargeResultingfromAdverseOpinionofTaxAuthorities    
Charges for European Competition Law Matters 30us-gaap_LossContingencyAccrualCarryingValuePeriodIncreaseDecrease 11us-gaap_LossContingencyAccrualCarryingValuePeriodIncreaseDecrease     5us-gaap_LossContingencyAccrualCarryingValuePeriodIncreaseDecrease   18us-gaap_LossContingencyAccrualCarryingValuePeriodIncreaseDecrease   41us-gaap_LossContingencyAccrualCarryingValuePeriodIncreaseDecrease 23us-gaap_LossContingencyAccrualCarryingValuePeriodIncreaseDecrease  
Net sales 4,221us-gaap_SalesRevenueNet 4,379us-gaap_SalesRevenueNet 4,352us-gaap_SalesRevenueNet 4,325us-gaap_SalesRevenueNet 4,361us-gaap_SalesRevenueNet 4,398us-gaap_SalesRevenueNet 4,346us-gaap_SalesRevenueNet 4,315us-gaap_SalesRevenueNet 17,277us-gaap_SalesRevenueNet 17,420us-gaap_SalesRevenueNet 17,085us-gaap_SalesRevenueNet
Gross profit 2,475us-gaap_GrossProfit [1] 2,558us-gaap_GrossProfit [2] 2,552us-gaap_GrossProfit [3] 2,524us-gaap_GrossProfit [4] 2,567us-gaap_GrossProfit [5] 2,585us-gaap_GrossProfit [6] 2,534us-gaap_GrossProfit [7] 2,515us-gaap_GrossProfit [8] 10,109us-gaap_GrossProfit [9] 10,201us-gaap_GrossProfit [10] 9,932us-gaap_GrossProfit
Net income including noncontrolling interests 666us-gaap_ProfitLoss [11] 580us-gaap_ProfitLoss [12] 661us-gaap_ProfitLoss [13] 432us-gaap_ProfitLoss [14] 601us-gaap_ProfitLoss [15] 699us-gaap_ProfitLoss [16] 604us-gaap_ProfitLoss [17] 506us-gaap_ProfitLoss [18] 2,339us-gaap_ProfitLoss [19] 2,410us-gaap_ProfitLoss [20] 2,631us-gaap_ProfitLoss
Net income attributable to Colgate-Palmolive Company 628us-gaap_NetIncomeLoss [11] 542us-gaap_NetIncomeLoss [12] 622us-gaap_NetIncomeLoss [13] 388us-gaap_NetIncomeLoss [14] 564us-gaap_NetIncomeLoss [15] 656us-gaap_NetIncomeLoss [16] 561us-gaap_NetIncomeLoss [17] 460us-gaap_NetIncomeLoss [18] 2,180us-gaap_NetIncomeLoss [19] 2,241us-gaap_NetIncomeLoss [20] 2,472us-gaap_NetIncomeLoss
Earnings per common share:                      
Basic EPS (in dollars per share) $ 0.69us-gaap_EarningsPerShareBasic [11] $ 0.59us-gaap_EarningsPerShareBasic [12] $ 0.68us-gaap_EarningsPerShareBasic [13] $ 0.42us-gaap_EarningsPerShareBasic [14] $ 0.61us-gaap_EarningsPerShareBasic [15] $ 0.71us-gaap_EarningsPerShareBasic [16] $ 0.60us-gaap_EarningsPerShareBasic [17] $ 0.49us-gaap_EarningsPerShareBasic [18] $ 2.38us-gaap_EarningsPerShareBasic [19] $ 2.41us-gaap_EarningsPerShareBasic [20] $ 2.60us-gaap_EarningsPerShareBasic
Diluted EPS (in dollars per share) $ 0.68us-gaap_EarningsPerShareDiluted [11] $ 0.59us-gaap_EarningsPerShareDiluted [12] $ 0.67us-gaap_EarningsPerShareDiluted [13] $ 0.42us-gaap_EarningsPerShareDiluted [14] $ 0.60us-gaap_EarningsPerShareDiluted [15] $ 0.70us-gaap_EarningsPerShareDiluted [16] $ 0.60us-gaap_EarningsPerShareDiluted [17] $ 0.48us-gaap_EarningsPerShareDiluted [18] $ 2.36us-gaap_EarningsPerShareDiluted [19] $ 2.38us-gaap_EarningsPerShareDiluted [20] $ 2.57us-gaap_EarningsPerShareDiluted
MEXICO                      
Quarterly financial data (Unaudited) [Abstract]                      
Pretax costs related to sale of land in Mexico                 4cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
18cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
24cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
Aftertax costs related to sale of land   1cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
1cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
1cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
3cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
2cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
4cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
3cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
3cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
12cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
18cl_AftertaxCostsRelatedToSaleOfLand
/ us-gaap_StatementGeographicalAxis
= country_MX
CP Venezuela [Member]                      
Quarterly financial data (Unaudited) [Abstract]                      
Venezuela Remeasurement Charges Aftertax   40cl_AftertaxRemeasurementCharge
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
  174cl_AftertaxRemeasurementCharge
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
        214cl_AftertaxRemeasurementCharge
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
111cl_AftertaxRemeasurementCharge
/ dei_LegalEntityAxis
= us-gaap_SubsidiariesMember
 
Two Thousand Twelve Restructuring Program [Member]                      
Quarterly financial data (Unaudited) [Abstract]                      
Pretax charges related to the 2012 Restructuring Program                 286us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
371us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
89us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
Aftertax charges related to the 2012 Restructuring Program 41cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
41cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
53cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
73cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
125cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
22cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
79cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
52cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
208cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
278cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
70cl_RestructuringAndRelatedCostIncurredCostAfterTax
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
Gross Profit [Member] | Two Thousand Twelve Restructuring Program [Member]                      
Quarterly financial data (Unaudited) [Abstract]                      
Pretax charges related to the 2012 Restructuring Program 6us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
7us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
6us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
10us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
6us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
8us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
10us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
8us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
29us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
32us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
2us-gaap_RestructuringAndRelatedCostIncurredCost
/ us-gaap_IncomeStatementLocationAxis
= cl_GrossProfitMember
/ us-gaap_RestructuringPlanAxis
= cl_TwoThousandTwelveRestructuringProgramMember
Cost of Sales [Member] | MEXICO                      
Quarterly financial data (Unaudited) [Abstract]                      
Pretax costs related to sale of land in Mexico   $ 1cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementGeographicalAxis
= country_MX
$ 2cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementGeographicalAxis
= country_MX
$ 1cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementGeographicalAxis
= country_MX
$ 4cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementGeographicalAxis
= country_MX
$ 3cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementGeographicalAxis
= country_MX
$ 4cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementGeographicalAxis
= country_MX
$ 4cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementGeographicalAxis
= country_MX
$ 4cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementGeographicalAxis
= country_MX
$ 15cl_PretaxCostsRelatedToSaleOfLand
/ us-gaap_IncomeStatementLocationAxis
= us-gaap_CostOfSalesMember
/ us-gaap_StatementGeographicalAxis
= country_MX
 
[1] Gross profit for the fourth quarter of 2014 includes $6 of charges related to the 2012 Restructuring Program.
[2] Gross profit for the third quarter of 2014 includes $7 of charges related to the 2012 Restructuring Program and $1 of costs related to the sale of land in Mexico.
[3] Gross profit for the second quarter of 2014 includes $6 of charges related to the 2012 Restructuring Program and $2 of costs related to the sale of land in Mexico.
[4] Gross profit for the first quarter of 2014 includes $10 of charges related to the 2012 Restructuring Program and $1 of costs related to the sale of land in Mexico.
[5] Gross profit for the fourth quarter of 2013 includes $6 of charges related to the 2012 Restructuring Program and $4 of costs related to the sale of land in Mexico.
[6] Gross profit for the third quarter of 2013 includes $8 of charges related to the 2012 Restructuring Program and $3 of costs related to the sale of land in Mexico.
[7] Gross profit for the second quarter of 2013 includes $10 of charges related to the 2012 Restructuring Program and $4 of costs related to the sale of land in Mexico.
[8] Gross profit for the first quarter of 2013 includes $8 of charges related to the 2012 Restructuring Program and $4 of costs related to the sale of land in Mexico.
[9] Gross profit for the full year of 2014 includes $29 of charges related to the 2012 Restructuring Program and $4 of costs related to the sale of land in Mexico.
[10] Gross profit for the full year of 2013 includes $32 of charges related to the 2012 Restructuring Program and $15 of costs related to the sale of land in Mexico.
[11] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the fourth quarter of 2014 include $41 of aftertax charges related to the 2012 Restructuring Program and a $30 charge for a European competition law matter.
[12] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the third quarter of 2014 include $41 of aftertax charges related to the 2012 Restructuring Program, a $40 aftertax charge related to the 2014 Venezuela Remeasurements, an $11 charge for a European competition law matter, $1 of aftertax costs related to the sale of land in Mexico and a $66 charge for a foreign tax matter.
[13] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the second quarter of 2014 include $53 of aftertax charges related to the 2012 Restructuring Program and $1 of aftertax costs related to the sale of land in Mexico.
[14] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the first quarter of 2014 include $73 of aftertax charges related to the 2012 Restructuring Program, a $174 aftertax charge related to the 2014 Venezuela Remeasurements and $1 of aftertax costs related to the sale of land in Mexico.
[15] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the fourth quarter of 2013 include $125 of aftertax charges related to the 2012 Restructuring Program, a $5 charge for a European competition law matter and $3 of aftertax costs related to the sale of land in Mexico.
[16] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the third quarter of 2013 include $22 of aftertax charges related to the 2012 Restructuring Program and $2 of aftertax costs related to the sale of land in Mexico.
[17] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the second quarter of 2013 include $79 of aftertax charges related to the 2012 Restructuring Program, an $18 charge for a European competition law matter and $4 of aftertax costs related to the sale of land in Mexico.
[18] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the first quarter of 2013 include $52 of aftertax charges related to the 2012 Restructuring Program, a $111 aftertax charge related to the 2013 Venezuela Remeasurement and $3 of aftertax costs related to the sale of land in Mexico.
[19] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the full year of 2014 include $208 of aftertax charges related to the 2012 Restructuring Program, $214 of aftertax charges related to the 2014 Venezuela Remeasurements, $41 of charges for European competition law matters, $3 of aftertax costs related to the sale of land in Mexico and a $66 charge for a foreign tax matter.
[20] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per common share for the full year of 2013 include $278 of aftertax charges related to the 2012 Restructuring Program, a $111 aftertax charge related to the 2013 Venezuela Remeasurement, a $23 charge for a European competition law matter and $12 of aftertax costs related to the sale of land in Mexico.