CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents	$ 1,059	$ 1,089
Receivables (net of allowances of $61 and $54, respectively)	1,691	1,552
Inventories	1,324	1,382
Other current assets	914	840
Total current assets	4,988	4,863
Property, plant and equipment:
Cost	8,418	8,385
Less: Accumulated depreciation	(4,379)	(4,305)
Property, plant and equipment, net	4,039	4,080
Goodwill	2,241	2,307
Other intangible assets, net	1,371	1,413
Deferred income taxes	144	76
Other assets	877	720
Total assets	13,660	13,459
Current Liabilities
Notes and loans payable	9	16
Current portion of long-term debt	488	488
Accounts payable	1,169	1,231
Accrued income taxes	297	294
Other accruals	2,243	1,917
Total current liabilities	4,206	3,946
Long-term debt	6,186	5,644
Deferred income taxes	261	261
Other liabilities	2,250	2,223
Total liabilities	12,903	12,074
Shareholders' Equity
Common stock	1,466	1,466
Additional paid-in capital	1,310	1,236
Retained earnings	18,936	18,832
Accumulated other comprehensive income (loss)	(3,776)	(3,507)
Unearned compensation	(9)	(20)
Treasury stock, at cost	(17,473)	(16,862)
Total Colgate-Palmolive Company shareholders' equity	454	1,145
Total shareholders’ equity	303	240
Total shareholders' equity	757	1,385
Total liabilities and shareholders’ equity	$ 13,660	$ 13,459