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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited)
$ in Millions
3 Months Ended
Mar. 31, 2016
USD ($)
Dividend
$ / shares
Mar. 31, 2015
USD ($)
Dividend
$ / shares
Income Statement [Abstract]    
Net sales $ 3,762 $ 4,070
Cost of sales 1,514 1,678
Gross profit 2,248 2,392
Selling, general and administrative expenses 1,354 1,450
Other (income) expense, net 27 82
Operating profit 867 860
Interest (income) expense, net 28 8
Income before income taxes 839 852
Provision for income taxes 265 269
Net income including noncontrolling interests 574 583
Less: Net income attributable to noncontrolling interests 41 41
Net income attributable to Colgate-Palmolive Company $ 533 $ 542
Earnings per common share, basic (in dollars per share) | $ / shares $ 0.60 $ 0.60
Earnings per common share, diluted (in dollars per share) | $ / shares 0.59 0.59
Dividends declared per common share (in dollars per share) | $ / shares [1] $ 0.77 $ 0.74
Number of Dividends Declared Per Quarter | Dividend 2 2
[1] Two dividends were declared in the first quarter of 2016 and 2015.