XML 33 R2.htm IDEA: XBRL DOCUMENT v3.2.0.727
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
USD ($)
$ / shares
Jun. 30, 2014
USD ($)
$ / shares
Jun. 30, 2015
USD ($)
Dividend
$ / shares
Jun. 30, 2014
USD ($)
Dividend
$ / shares
Net sales $ 4,066 $ 4,352 $ 8,136 $ 8,677
Cost of sales 1,699 1,800 3,377 3,601
Gross profit 2,367 2,552 4,759 5,076
Selling, general and administrative expenses 1,381 1,507 2,831 3,051
Other (income) expense, net 54 65 136 411
Operating profit 932 980 1,792 1,614
Interest (income) expense, net 6 9 14 16
Income before income taxes 926 971 1,778 1,598
Provision for income taxes 310 310 579 505
Net income including noncontrolling interests 616 661 1,199 1,093
Less: Net income attributable to noncontrolling interests 42 39 83 83
Net income attributable to Colgate-Palmolive Company $ 574 $ 622 $ 1,116 $ 1,010
Earnings per common share, basic (in dollars per share) | $ / shares $ 0.63 $ 0.68 $ 1.23 $ 1.10
Earnings per common share, diluted (in dollars per share) | $ / shares 0.63 0.67 1.22 1.09
Dividends declared per common share (in dollars per share) | $ / shares $ 0.38 $ 0.36 $ 1.12 [1] $ 1.06 [1]
Number of Dividends Declared Per Quarter | Dividend     2 2
[1] Two dividends were declared in the first quarter of 2015 and 2014.