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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock [Member]
Additional Paid-In Capital [Member]
Unearned Compensation [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2012   $ 1,466 $ 818 $ (41) $ (14,386) $ 16,953 $ (2,621) $ 201
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income $ 2,410         2,241   169
Other comprehensive income (loss), net of tax 167           170 (3)
Dividends           (1,242)   (140)
Stock-based compensation expense     128          
Shares issued for stock options     82   201      
Shares issued for restricted stock awards     (75)   75      
Treasury stock acquired         (1,521)      
Other     51 8 (2)     4
Ending Balance at Dec. 31, 2013   1,466 1,004 (33) (15,633) 17,952 (2,451) 231
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income 2,339 [1]         2,180   159
Other comprehensive income (loss), net of tax (1,060)           (1,056) (4)
Dividends           (1,300)   $ (146)
Stock-based compensation expense     131          
Shares issued for stock options     100   225      
Shares issued for restricted stock awards     (77)   77      
Treasury stock acquired         (1,530)      
Other     78 13 (1)    
Ending Balance at Dec. 31, 2014 1,385 1,466 1,236 (20) (16,862) 18,832 (3,507) $ 240
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net Income 1,548 [2]         1,384   164
Other comprehensive income (loss), net of tax (454)           (443) (11)
Dividends           (1,355)   $ (138)
Stock-based compensation expense     125          
Shares issued for stock options     90   243      
Shares issued for restricted stock awards     (69)   69      
Treasury stock acquired         (1,551)      
Other     56 8 (1)    
Ending Balance at Dec. 31, 2015 $ (44) $ 1,466 $ 1,438 $ (12) $ (18,102) $ 18,861 $ (3,950) $ 255
[1] 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.
[2] 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.