XML 33 R2.htm IDEA: XBRL DOCUMENT v3.3.0.814
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
USD ($)
$ / shares
Sep. 30, 2014
USD ($)
$ / shares
Sep. 30, 2015
USD ($)
Dividend
$ / shares
Sep. 30, 2014
USD ($)
Dividend
$ / shares
Net sales $ 3,999 $ 4,379 $ 12,135 $ 13,056
Cost of sales 1,652 1,821 5,029 5,422
Gross profit 2,347 2,558 7,106 7,634
Selling, general and administrative expenses 1,347 1,497 4,178 4,548
Other (income) expense, net (136) 113 0 524
Operating profit 1,136 948 2,928 2,562
Interest (income) expense, net 5 4 19 20
Income before income taxes 1,131 944 2,909 2,542
Provision for income taxes 361 364 940 869
Net income including noncontrolling interests 770 580 1,969 1,673
Less: Net income attributable to noncontrolling interests 44 38 127 121
Net income attributable to Colgate-Palmolive Company $ 726 $ 542 $ 1,842 $ 1,552
Earnings per common share, basic (in dollars per share) | $ / shares $ 0.81 $ 0.59 $ 2.04 $ 1.69
Earnings per common share, diluted (in dollars per share) | $ / shares 0.80 0.59 2.02 1.68
Dividends declared per common share (in dollars per share) | $ / shares $ 0.38 $ 0.36 $ 1.50 [1] $ 1.42 [1]
Number of Dividends Declared Per Quarter | Dividend     2 2
[1] Two dividends were declared in the first quarter of 2015 and 2014.