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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Statement of Comprehensive Income [Abstract]      
Net income including noncontrolling interests $ 1,548 [1] $ 2,339 [2] $ 2,410
Other comprehensive income (loss), net of tax:      
Cumulative translation adjustments (645) (685) (166)
Retirement Plan and other retiree benefit adjustments 196 (329) 318
Gains (losses) on available-for-sale securities (7) (48) 13
Gains (losses) on cash flow hedges 2 2 2
Total Other comprehensive income (loss), net of tax (454) (1,060) 167
Total Comprehensive income including noncontrolling interests 1,094 1,279 2,577
Less: Net income attributable to noncontrolling interests 164 159 169
Less: Cumulative translation adjustments attributable to noncontrolling interests (11) (4) (3)
Total Comprehensive income attributable to noncontrolling interests 153 155 166
Total Comprehensive income attributable to Colgate-Palmolive Company $ 941 $ 1,124 $ 2,411
[1] Net income (loss) including noncontrolling interests, Net income (loss) attributable to Colgate-Palmolive Company and earnings (loss) per common share for the full year of 2015 include a $1,058 aftertax charge related to the change in accounting for the Company’s Venezuelan operations, $183 of aftertax charges related to the 2012 Restructuring Program, $22 of aftertax charges related to the remeasurement of CP Venezuela’s local currency-denominated net monetary assets as a result of effective devaluations, a $120 aftertax gain on the sale of the Company’s laundry detergent business in the South Pacific, a $15 charge for a foreign tax matter and a $14 aftertax charge related to a foreign competition law matter.
[2] 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 remeasurement of CP Venezuela’s local currency-denominated net monetary assets as a result of effective devaluations, $41 of charges for a foreign competition law matter, $3 of aftertax costs related to the sale of land in Mexico and a $66 charge for a foreign tax matter.