<SEC-DOCUMENT>0001157523-17-001279.txt : 20170428
<SEC-HEADER>0001157523-17-001279.hdr.sgml : 20170428
<ACCEPTANCE-DATETIME>20170428080021
ACCESSION NUMBER:		0001157523-17-001279
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170428
ITEM INFORMATION:		Results of Operations and Financial Condition
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170428
DATE AS OF CHANGE:		20170428

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			COLGATE PALMOLIVE CO
		CENTRAL INDEX KEY:			0000021665
		STANDARD INDUSTRIAL CLASSIFICATION:	PERFUMES, COSMETICS & OTHER TOILET PREPARATIONS [2844]
		IRS NUMBER:				131815595
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-00644
		FILM NUMBER:		17791708

	BUSINESS ADDRESS:	
		STREET 1:		300 PARK AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
		BUSINESS PHONE:		2123102000

	MAIL ADDRESS:	
		STREET 1:		300 PARK AVE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10022
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51548935.htm
<DESCRIPTION>COLGATE-PALMOLIVE COMPANY 8-K
<TEXT>
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    <p style="text-align: center">
      <br>
      <br>
      <font style="font-family: Times New Roman; font-size: 12pt"><b>UNITED
      STATES</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>WASHINGTON,
      DC 20549</b></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font>
    </p>
    <hr style="height: 1.0 pt; color: #000000; text-align: center; width: 20%">


    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>FORM 8-K</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>CURRENT
      REPORT</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>Pursuant
      to Section 13 or 15(d) of the</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-family: Times New Roman; font-size: 12pt"><b>Securities
      Exchange Act of 1934</b></font><br><br><br><font style="font-family: Times New Roman; font-size: 12pt">Date
      of Report (Date of earliest event reported) &#160;April 28, 2017 </font><br><br><br><font style="font-size: 12pt"><b>COLGATE-PALMOLIVE
      COMPANY</b></font><font style="font-size: 11pt"><br style="font-size: 11pt"></font><font style="font-family: Times New Roman; font-size: 12pt">(Exact
      name of registrant as specified in its charter)</font><br><br>
    </p>
<div style="text-align:left">
    <table cellspacing="0" style="width: 100%; font-size: 10pt; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="top" style="text-align: center; width: 32%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Delaware</u>
          </p>
        </td>
        <td valign="bottom" style="text-align: left; width: 2%; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="top" style="text-align: center; padding-right: 0.0px; white-space: nowrap; width: 32%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>1-644</u>
          </p>
        </td>
        <td valign="bottom" style="text-align: left; width: 2%; padding-left: 0.0px">
          &#160;
        </td>
        <td valign="top" style="text-align: center; padding-right: 0.0px; white-space: nowrap; width: 32%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>13-1815595</u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; width: 32%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or Other Jurisdiction<br>of Incorporation)
          </p>
        </td>
        <td valign="bottom" style="text-align: left; width: 2%; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; width: 32%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Commission<br>File Number)
          </p>
        </td>
        <td valign="bottom" style="text-align: left; width: 2%; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; width: 32%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (IRS Employer<br>Identification No.)
          </p>
        </td>
      </tr>
    </table>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="top" style="text-align: center; width: 50%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>300 Park Avenue, New York, NY</u>
          </p>
        </td>
        <td valign="top" style="text-align: center; padding-right: 0.0px; white-space: nowrap; width: 50%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>10022</u>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; width: 50%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Address of Principal Executive Offices)
          </p>
        </td>
        <td valign="top" style="text-align: center; width: 50%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (Zip Code)
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      Registrant&#8217;s telephone number, including area code <u>(212)&#160;310-2000</u><br>
    </p>
    <p>
      <br>
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions (<i>see </i>General Instruction A.2. below):
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">
      <font style="font-family: Arial Unicode MS; font-size: 10pt">&#8414;</font>
      <font style="font-family: Times New Roman; font-size: 10pt">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p style="font-size: 10pt; text-indent: 30.0px">

    </p>
    <p>
      Indicate by check mark whether the registrant is an emerging growth
      company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
      &#167;230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR
      &#167;240.12b-2).
    </p>
    <p>
      Emerging growth company &#9744;
    </p>
    <p style="text-align: justify">
      If an emerging growth company, indicate by check mark if the registrant
      has elected not to use the extended transition period for complying with
      any new or revised financial accounting standards provided pursuant to
      Section 13(a) of the Exchange Act. &#9744;
    </p>
    <p>

    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 2.02.&#160;&#160;&#160;&#160;Results of Operations and Financial Condition.</b>
    </p>
    <p>
      On April 28, 2017, Colgate-Palmolive Company (the &#8220;Company&#8221;) issued a
      press release announcing its earnings for the quarter ended March 31,
      2017.&#160;&#160;This press release is attached as Exhibit 99 and is incorporated
      herein by reference.
    </p>
    <p>
      The information in Item 2.02 of this Current Report is being furnished
      and shall not be deemed &#8220;filed&#8221; for the purposes of Section 18 of the
      Securities Exchange Act of 1934, as amended, or otherwise subject to the
      liabilities of that Section.&#160;&#160;The information in Item 2.02 of this
      Current Report shall not be incorporated by reference into any
      registration statement or other document pursuant to the Securities Act
      of 1933, as amended.&#160;&#160;
    </p>
    <p>

    </p>
    <p style="white-space: nowrap">
      <b>Item 9.01.&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</b>
    </p>
    <p style="white-space: nowrap">
      (d)<i>&#160;&#160;&#160;&#160;&#160;&#160;&#160;Exhibits</i>.&#160;&#160;The
      following exhibit is filed with this document:
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="top" style="text-align: left; width: 15%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit Number</u>
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 85%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 15%">

        </td>
        <td style="width: 85%">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-right: 0.0px; white-space: nowrap; width: 15%; padding-left: 0.0px">
          99
        </td>
        <td valign="top" style="text-align: left; width: 85%; padding-left: 0.0px">
          Press release, dated April 28, 2017, issued by Colgate-Palmolive
          Company
        </td>
      </tr>
    </table>
    </div>
    <p style="white-space: nowrap">

    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center; font-size: 10pt; font-family: Times New Roman">
          2
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: center">
      <b>EXHIBIT INDEX</b>
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td valign="top" style="text-align: left; width: 15%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Exhibit Number</u>
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 85%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u>Description</u>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 15%">

        </td>
        <td valign="top" style="text-align: left; width: 85%; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-right: 0.0px; white-space: nowrap; width: 15%; padding-left: 0.0px">
          99
        </td>
        <td valign="top" style="text-align: left; width: 85%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Press release, dated April 28, 2017, issued by Colgate-Palmolive
            Company
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p style="text-align: left">

    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center; font-size: 10pt; font-family: Times New Roman">
          3
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p style="text-align: left">

    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 10pt"><b>SIGNATURE</b></font>
    </p>
    <p>
      <font style="font-family: Times New Roman; font-size: 10pt">Pursuant to
      the requirements of the Securities Exchange Act of 1934, the registrant
      has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.</font>
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 10pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td style="width: 6%">

        </td>
        <td valign="top" style="text-align: left; width: 44%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>COLGATE-PALMOLIVE COMPANY</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 6%">

        </td>
        <td valign="top" style="text-align: left; width: 44%; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td style="width: 6%">

        </td>
        <td valign="top" style="text-align: left; width: 44%; padding-left: 0.0px">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; width: 6%; padding-bottom: 2.0px; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Date:
          </p>
        </td>
        <td valign="top" style="text-align: left; width: 44%; padding-bottom: 2.0px; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            April 28, 2017
          </p>
        </td>
        <td valign="bottom" style="text-align: left; width: 6%; padding-bottom: 2.0px; padding-left: 0.0px">
          By:
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; width: 44%; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Dennis J. Hickey
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td valign="bottom" style="text-align: left; width: 6%; padding-left: 0.0px">
          Name:
        </td>
        <td valign="bottom" style="text-align: left; width: 44%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Dennis J. Hickey
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 6%">

        </td>
        <td style="width: 44%">

        </td>
        <td valign="top" style="text-align: left; width: 6%; padding-left: 0.0px">
          Title:
        </td>
        <td valign="bottom" style="text-align: left; width: 44%; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Financial Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      4
    </p>
    <p style="text-align: left">

    </p>
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</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>a51548935ex99.htm
<DESCRIPTION>EXHIBIT 99
<TEXT>
<html>
  <head>
    <title></title>
<!--Copyright 2017 Business Wire, a Berkshire Hathaway company.-->
<!--All rights reserved www.businesswire.com-->
  </head>
  <body style="font-size: 8pt; font-family: Times New Roman">
    <p style="text-align: right">
      <b>Exhibit 99</b>
    </p>
    <p style="text-align: center">
      <font style="font-family: Times New Roman; font-size: 12pt"><b>Colgate
      Announces 1st Quarter 2017 Results</b></font>
    </p>
    <p>
      NEW YORK--(BUSINESS WIRE)--April 28, 2017--Colgate-Palmolive Company
      (NYSE:CL) today reported worldwide Net sales of $3,762 million in first
      quarter 2017, even with the first quarter 2016 level. Global unit volume
      decreased 2.0%, pricing increased 2.5% and foreign exchange was negative
      0.5%. Organic sales (Net sales excluding the impact of foreign exchange,
      acquisitions and divestments) grew 0.5%.
    </p>
    <p>
      Net income and Diluted earnings per share in first quarter 2017 were
      $570 million and $0.64, respectively. Net income in first quarter 2017
      included $31 million ($0.03 per diluted share) of aftertax charges
      resulting from the Company&#8217;s Global Growth and Efficiency Program (the
      &#8220;2012 Restructuring Program&#8221;).
    </p>
    <p>
      Net income and Diluted earnings per share in first quarter 2016 were
      $533 million and $0.59, respectively. Net income in first quarter 2016
      included $38 million ($0.04 per diluted share) of aftertax charges
      resulting from the 2012 Restructuring Program.
    </p>
    <p>
      Excluding charges resulting from the 2012 Restructuring Program in both
      periods, Net income in first quarter 2017 was $601 million, an increase
      of 5% versus first quarter 2016, and Diluted earnings per share in first
      quarter 2017 was $0.67, an increase of 6% versus first quarter 2016.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Gross profit margin was 60.3% in first quarter 2017 versus 59.8% in
      first quarter 2016. Excluding charges resulting from the 2012
      Restructuring Program in both periods, Gross profit margin was 60.7% in
      first quarter 2017, an increase of 70 basis points versus the year ago
      quarter. This increase was primarily driven by cost savings from the
      Company&#8217;s funding-the-growth initiatives and the 2012 Restructuring
      Program, and higher pricing, partially offset by higher raw and
      packaging material costs.
    </p>
    <p>
      Selling, general and administrative expenses were 36.2% of Net sales in
      first quarter 2017 versus 36.0% of Net sales in first quarter 2016.
      Excluding charges resulting from the 2012 Restructuring Program in both
      periods, Selling, general and administrative expenses increased by 30
      basis points to 35.6% of Net sales in first quarter 2017, as a result of
      higher overhead expenses. Worldwide advertising investment increased 1%
      to $400 million versus $398 million in the year ago quarter.
    </p>
    <p>
      Operating profit increased to $885 million in first quarter 2017
      compared to $867 million in first quarter 2016. Excluding charges
      resulting from the 2012 Restructuring Program in both periods, Operating
      profit was $931 million in first quarter 2017, an increase of 1% versus
      first quarter 2016. Operating profit margin was 23.5% in first quarter
      2017 versus 23.0% in first quarter 2016. Excluding charges resulting
      from the 2012 Restructuring Program in both periods, Operating profit
      margin was 24.7% in first quarter 2017, an increase of 20 basis points
      versus the year ago quarter.
    </p>
    <p>
      Net cash provided by operations year-to-date was $691&#160;million compared
      to $614&#160;million in the comparable 2016 period, reflecting strong
      operating earnings and a continued tight focus on working capital.
      Working capital as a percentage of Net sales was negative 4.3% compared
      to negative 2.8% in the year ago period.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      Ian Cook, Chairman, President and Chief Executive Officer, commented on
      the first quarter results, &#8220;Clearly the first quarter was challenging
      and did not meet our organic sales growth expectations, driven mainly by
      softer results in North America. Net sales were even with the year ago
      quarter, while organic sales grew 0.5%, led by emerging markets where
      organic sales grew 3.0%.
    </p>
    <p>
      &#8220;Colgate&#8217;s leadership of the global toothpaste market continued during
      the quarter with its global market share now at 43.8% year-to-date. Our
      global leadership in manual toothbrushes also continued with Colgate&#8217;s
      global market share in that category now at 32.7% year-to-date.
    </p>
    <p>
      &#8220;Pleasingly, gross profit margin, operating profit margin, net income as
      a percent to sales and operating cash flow all increased versus the year
      ago period.
    </p>
    <p>
      &#8220;As we look ahead, uncertainty in global markets and slowing category
      growth worldwide remain challenging. While based on current spot rates,
      we continue to expect a low-single-digit net sales increase for 2017,
      based on our slow start to the year, we now expect organic sales growth
      for 2017 to be modestly below our 4% - 7% range with sequential
      improvement throughout the year.
    </p>
    <p>
      &#8220;On a GAAP basis, based on current spot rates, we are planning for a
      year of gross margin expansion and expect earnings per share on a dollar
      basis to be flat.
    </p>
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    <p>
      &#8220;Excluding charges resulting from the 2012 Restructuring Program and the
      other 2016 one-time items previously disclosed, based on current spot
      rates, we continue to plan for a year of strong operating cash flow,
      gross margin expansion, increased advertising investment and
      low-single-digit earnings per share growth on a dollar basis.&#8221;
    </p>
    <p>
      At 11:00 a.m. ET today, Colgate will host a conference call to elaborate
      on first quarter results. To access this call as a webcast, please go to
      Colgate&#8217;s website at <u>http://www.colgatepalmolive.com</u>.
    </p>
    <p>
      The following are comments about divisional performance for first
      quarter 2017 versus the year ago period. See attached Geographic Sales
      Analysis Percentage Changes and Segment Information tables for
      additional information on divisional net sales and operating profit.
    </p>
    <p>
      <u><b>North America (20% of Company Sales)</b></u>
    </p>
    <p>
      North America Net sales decreased 5.0% in first quarter 2017. Unit
      volume decreased 5.0% with 0.5% lower pricing, while foreign exchange
      was positive 0.5%. Organic sales for North America decreased 5.5%,
      reflecting the impact of market share losses during the quarter from a
      portfolio transition within our home care business, retailer inventory
      reductions and a further slowdown in category growth.
    </p>
    <p>
      Operating profit in North America decreased 3% in first quarter 2017 to
      $233 million, while as a percentage of Net sales, it increased 80 basis
      points to 30.7% of Net sales. This increase in Operating profit as a
      percentage of Net sales was due to a decrease in Selling, general and
      administrative expenses, partially offset by a decrease in Gross profit,
      both as a percentage of Net sales. This decrease in Gross profit was
      primarily driven by higher raw and packaging material costs, partially
      offset by cost savings from the Company&#8217;s funding-the-growth initiatives
      and the 2012 Restructuring Program. This decrease in Selling, general
      and administrative expenses was due to lower overhead expenses and
      decreased advertising due to the timing of advertising investment in the
      prior year.
    </p>
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    <p>
      In the U.S., Colgate maintained its leadership in the toothpaste
      category during the quarter with its market share at 35.6% year-to-date.
      Successful new products include Colgate Total Clean-In-Between, Colgate
      Optic White Beauty Radiant, Colgate Sensitive Smart White and Tom&#8217;s of
      Maine Rapid Relief Sensitive toothpastes. In manual toothbrushes,
      Colgate maintained its brand market leadership in the U.S. with its
      market share in that category at 41.2% year-to-date, driven by strong
      sales of Colgate Total 360&#176; 4 Zone manual toothbrush.
    </p>
    <p>
      New products succeeding in other categories include Colgate Total
      Advanced Health and Colgate Kids mouthwashes, Colgate Total 360&#176; Whole
      Mouth Clean battery toothbrush and Softsoap Luminous Oils and Irish
      Spring Signature For Men body washes.
    </p>
    <p>
      <u><b>Latin America (25% of Company Sales)</b></u>
    </p>
    <p>
      Latin America Net sales increased 9.0% in first quarter 2017. Unit
      volume was even with the year ago quarter, while pricing increased 7.0%
      and foreign exchange was positive 2.0%. Excluding the impact of divested
      businesses, unit volume increased 0.5%. Volume gains in Mexico, the
      Caribbean region and the Southern Cone region were offset by volume
      declines in Brazil. Organic sales for Latin America increased 7.5%.
    </p>
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    <p>
      Operating profit in Latin America increased 9% in first quarter 2017 to
      $269 million, while as a percentage of Net sales, it remained even at
      29.1%.&#160;Operating profit as a percentage of Net sales was even with the
      year ago quarter, as an increase in Gross profit was offset by an
      increase in Selling, general and administrative expenses, both as a
      percentage of Net sales. This increase in Gross profit was mainly driven
      by cost savings from the Company&#8217;s funding-the-growth initiatives and
      higher pricing, which were partially offset by higher raw and packaging
      material costs. This increase in Selling, general and administrative
      expenses was due to higher overhead expenses and increased advertising
      investment.
    </p>
    <p>
      Colgate maintained its leadership in toothpaste in Latin America during
      the quarter, with market share gains in Mexico, Peru, the Dominican
      Republic, Puerto Rico and Paraguay. Strong sales of Colgate Total
      Professional Daily Repair, Colgate Triple Action Extra Whitening,
      Colgate Sensitive Pro-Alivio and Colgate Max Fresh toothpastes
      contributed to volume growth throughout the region. Colgate&#8217;s leadership
      in the manual toothbrush category continued throughout the region,
      driven by strong sales of Colgate Triple Action manual toothbrush.
    </p>
    <p>
      Products in other categories contributing to growth throughout the
      region include Colgate Plax Ice Glacial mouthwash, Protex Pro-Hidrata
      shower gel, bar soap and liquid hand soap, Palmolive Natural Secrets
      shower gel and bar soap, Suavitel Sweet Pleasures fabric conditioner,
      Axion Active Foam dish liquid and Fabuloso Perfect Fusion liquid cleaner.
    </p>
    <p>
      <u><b>Europe (15% of Company Sales)</b></u>
    </p>
    <p>
      Europe Net sales decreased 5.0% in first quarter 2017. Unit volume
      increased 0.5%, pricing decreased 1.0% and foreign exchange was negative
      4.5%. Volume gains led by the United Kingdom, Spain and the Netherlands
      were partially offset by volume declines in France. Organic sales for
      Europe decreased 0.5%.
    </p>
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    <p>
      Operating profit in Europe decreased 1% in first quarter 2017 to $140
      million, while as a percentage of Net sales it increased 110 basis
      points to 25.1% of Net sales. This increase in Operating profit as a
      percentage of Net sales was due to a decrease in Selling, general and
      administrative expenses, partially offset by a decrease in Gross profit,
      both as a percentage of Net sales. This decrease in Gross profit was
      primarily driven by higher raw and packaging material costs, which
      included foreign exchange transaction costs, and lower pricing due to
      increased in-store promotional activities. These decreases in Gross
      profit were partially offset by cost savings from the Company&#8217;s
      funding-the-growth initiatives and the 2012 Restructuring Program and
      sales mix. This decrease in Selling, general and administrative expenses
      was due to decreased advertising, due to the timing of advertising
      investment in the prior year, and lower overhead expenses.
    </p>
    <p>
      Colgate maintained its oral care leadership in Europe during the
      quarter, with toothpaste market share gains in Italy, Ireland, Czech
      Republic, Slovenia, Bosnia and Bulgaria. Premium products succeeding in
      oral care include Colgate Enamel Strength, Colgate Natural Extracts and
      meridol Parodont Expert toothpastes, Colgate 360&#176; Advanced Whole Mouth
      Health and Colgate 360&#176; Advanced Max White Expert White manual
      toothbrushes and Colgate Minions<sup>TM </sup>interactive battery
      powered brush for kids.
    </p>
    <p>
      Premium innovations succeeding in other product categories include Sanex
      Zero% shower gel and deodorant, Palmolive Naturals with precious oils
      and Palmolive Gourmet shower gels, Sanex Men 7in1 deodorant, Paic
      Extreme dish liquid, the Ajax Optimal7 range of multi-benefit cleaners
      available in liquid, spray and wipes and Soupline Parfum Supreme line of
      fabric conditioner products.
    </p>
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    <p>
      <u><b>Asia Pacific (19% of Company Sales)</b></u>
    </p>
    <p>
      Asia Pacific Net sales decreased 3.0% during first quarter 2017. Unit
      volume decreased 1.0%, pricing was even with the year ago quarter and
      foreign exchange was negative 2.0%. Volume declines in India, the
      Greater China region and Thailand were partially offset by volume gains
      in the South Pacific region, Vietnam and the Philippines. Organic sales
      for Asia Pacific decreased 1.0%.
    </p>
    <p>
      Operating profit in Asia Pacific was $219 million in first quarter 2017,
      even with first quarter 2016, while as a percentage of Net sales it
      increased 90 basis points to 30.4% of Net sales. This increase in
      Operating profit as a percentage of Net sales was due to an increase in
      Gross profit and a decrease in Selling, general and administrative
      expenses, both as a percentage of Net sales. This increase in Gross
      profit was mainly driven by cost savings from the Company&#8217;s
      funding-the-growth initiatives, partially offset by higher raw and
      packaging material costs, which included foreign exchange transaction
      costs. This decrease in Selling, general and administrative expenses was
      due to decreased advertising, in part reflecting a shift from
      advertising investment to in-store promotional activities and due to the
      timing of advertising investment in the prior year, which was partially
      offset by higher overhead expenses.
    </p>
    <p>
      Colgate continued its toothpaste leadership in the Asia Pacific region
      during the quarter with market share gains in the Philippines and
      Singapore. New products succeeding in the region include Colgate Total
      Pro Breath Health, Colgate Natural, Colgate Sensitive Pro-Relief Extra
      Protect and Colgate Sensitive Pro-Relief Smart White toothpastes.
    </p>
    <p>
      New products succeeding in other categories in the region include
      Colgate Slim Soft Advanced, Colgate 360&#176; Advanced and Colgate Peppa Pig<sup>TM</sup>
      manual toothbrushes, Colgate Plax Ice Infinity and Colgate Plax Spicy
      Fresh mouthwashes, Protex Thai Therapy bar soap, Ajax Spray n' Wipe
      cleaners and Softlan Gentle Care and Softlan Charcoal Cupboard Fresh
      fabric conditioners.
    </p>
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    <p>
      <u><b>Africa/Eurasia (6% of Company Sales)</b></u>
    </p>
    <p>
      Africa/Eurasia Net sales increased 6.5% during first quarter 2017. Unit
      volume decreased 6.5%, pricing increased 7.0% and foreign exchange was
      positive 6.0%. Volume declines in the Sub Saharan Africa region and
      Russia were partially offset by volume gains in the North Africa/Middle
      East region. Organic sales for Africa/Eurasia increased 0.5%.
    </p>
    <p>
      Operating profit in Africa/Eurasia increased 5% in first quarter 2017 to
      $45 million, while as a percentage of Net sales it decreased 30 basis
      points to 18.3% of Net sales. This decrease in Operating profit as a
      percentage of Net sales was primarily due to an increase in Selling,
      general and administrative expenses, partially offset by an increase in
      Gross profit, both as a percentage of Net sales.&#160;This increase in Gross
      profit was primarily driven by higher pricing, cost savings from the
      Company&#8217;s funding-the-growth initiatives and lower raw and packaging
      material costs, driven by foreign exchange transaction gains. This
      increase in Selling, general and administrative expenses was due to
      increased advertising investment and higher overhead expenses.
    </p>
    <p>
      Colgate continued its toothpaste leadership in Africa/Eurasia during the
      quarter, with market share gains in Saudi Arabia, the United Arab
      Emirates, Kazakhstan, Morocco, Lebanon, Qatar and Jordan. Successful
      products contributing to sales in the region include Colgate Total Pro
      Breath Health, Colgate Optic White Lasting White and Colgate Maximum
      Cavity Protection toothpastes, and Colgate Zig Zag Charcoal and Colgate
      Double Action manual toothbrushes.
    </p>
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    <p>
      <u><b>Hill&#8217;s Pet Nutrition (15% of Company Sales)</b></u>
    </p>
    <p>
      Hill&#8217;s Net sales increased 0.5% in first quarter 2017. Unit volume
      decreased 4.0% with 4.0% higher pricing and foreign exchange was
      positive 0.5%. Volume declines in the United States, Western Europe and
      Turkey were partially offset by volume gains in South Africa, Russia and
      Thailand. Hill&#8217;s organic sales were even with the year ago quarter.
    </p>
    <p>
      Hill&#8217;s Operating profit increased 1% in first quarter 2017 to $157
      million, or 20 basis points to 28.3% of Net sales.&#160;This increase in
      Operating profit as a percentage of Net sales was primarily due to an
      increase in Gross profit, partially offset by an increase in Selling,
      general and administrative expenses, both as a percentage of Net sales.
      This increase in Gross profit was mainly driven by cost savings from the
      Company&#8217;s funding-the-growth initiatives and higher pricing, partially
      offset by higher costs, driven by higher raw and packaging material
      costs. This increase in Selling, general and administrative expenses was
      due to increased advertising investment and higher overhead expenses.
    </p>
    <p>
      Successful products contributing to sales in the U.S. include Hill&#8217;s
      Prescription Diet Dental Care Chews, Hill&#8217;s Prescription Diet z/d for
      skin and food sensitivities, Hill&#8217;s Prescription Diet i/d and i/d Low
      Fat Natural for digestive care and Metabolic Natural for weight
      management, Hill&#8217;s Prescription Diet Derm Defense for environmental
      sensitivities, Hill&#8217;s Science Diet Urinary and Hairball Control, Hill&#8217;s
      Science Diet Perfect Weight and Hill&#8217;s Science Diet Youthful Vitality.
    </p>
    <p>
      Successful products contributing to sales internationally include Hill&#8217;s
      Prescription Diet Metabolic + Mobility and Metabolic + Urinary, Hill&#8217;s
      Prescription Diet Derm Defense, Hill&#8217;s Prescription Diet z/d, Hill&#8217;s
      Prescription Diet i/d, Hill&#8217;s Science Diet Perfect Weight, Hill&#8217;s
      Science Diet Youthful Vitality and Hill&#8217;s Science Diet Healthy Cuisine
      Stews.
    </p>
    <p style="text-align: center">
      ***
    </p>
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    <p>
      About Colgate-Palmolive: Colgate-Palmolive is a leading global consumer
      products company, tightly focused on Oral Care, Personal Care, Home Care
      and Pet Nutrition. Colgate sells its products in over 200 countries and
      territories around the world under such internationally recognized brand
      names as Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap,
      Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom&#8217;s of Maine, Sanex,
      Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill&#8217;s Science
      Diet, Hill&#8217;s Prescription Diet and Hill&#8217;s Ideal Balance. For more
      information about Colgate&#8217;s global business, visit the Company&#8217;s website
      at <u>http://www.colgatepalmolive.com</u>. To learn more about Colgate
      Bright Smiles, Bright Futures&#174; oral health education program, please
      visit <u>http://www.colgatebsbf.com</u>. CL-E
    </p>
    <p>
      <u>Market Share Information</u>
    </p>
    <p>
      Management uses market share information as a key indicator to monitor
      business health and performance. References to market share in this
      press release are based on a combination of consumption and market share
      data provided by third-party vendors, primarily Nielsen, and internal
      estimates. All market share references represent the percentage of the
      dollar value of sales of our products, relative to all product sales in
      the category in the countries in which the Company competes and
      purchases data (excluding Venezuela from all periods). The Company
      measures year-to-date market shares from January 1 of the relevant year
      through the most recent period for which market share data is available,
      which typically reflects a lag time of one or two months. The Company
      believes that the third-party vendors it uses to provide data are
      reliable, but it has not verified the accuracy or completeness of the
      data or any assumptions underlying the data. In addition, market share
      information calculated by the Company may be different from market share
      information calculated by other companies due to differences in category
      definitions, the use of data from different countries, internal
      estimates and other factors.
    </p>
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    <p>
      <u>Cautionary Statement on Forward-Looking Statements</u>
    </p>
    <p>
      This press release and the related webcast may contain forward-looking
      statements (as that term is defined in the U.S. Private Securities
      Litigation Reform Act of 1995 or by the Securities and Exchange
      Commission (SEC) in its rules, regulations and releases) that set forth
      anticipated results based on management&#8217;s plans and assumptions. Such
      statements may relate, for example, to sales or volume growth, organic
      sales growth, profit or profit margin growth, earnings per share growth
      (including on a currency-neutral basis), financial goals, the impact of
      foreign exchange volatility, cost-reduction plans including the 2012
      Restructuring Program, tax rates, the need to repatriate undistributed
      earnings of foreign subsidiaries, new product introductions or
      commercial investment levels, acquisitions, divestitures, or legal or
      tax proceedings, among other matters. These statements are made on the
      basis of our views and assumptions as of this time and we undertake no
      obligation to update these statements whether as a result of new
      information, future events or otherwise, except as required by law or by
      the rules and regulations of the SEC. Moreover, the Company does not,
      nor does any other person, assume responsibility for the accuracy and
      completeness of these statements. We caution investors that any such
      forward-looking statements are not guarantees of future performance and
      that actual events or results may differ materially from those
      statements. For more information about factors that could impact the
      Company&#8217;s business and cause actual results to differ materially from
      forward-looking statements, investors should refer to the Company&#8217;s
      filings with the SEC (including, but not limited to, the information set
      forth under the captions &#8220;Risk Factors&#8221; and &#8220;Cautionary Statement on
      Forward-Looking Statements&#8221; in the Company&#8217;s Annual Report on Form 10-K
      for the year ended December 31, 2016 and subsequent Quarterly Reports on
      Form 10-Q). Copies of these filings may be obtained upon request from
      the Company&#8217;s Investor Relations Department or on the Company&#8217;s website
      at <u>http://www.colgatepalmolive.com</u>.
    </p>
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    <p>
      <u>Non-GAAP Financial Measures</u>
    </p>
    <p>
      The following provides information regarding the non-GAAP financial
      measures used in this earnings release and/or the related webcast:
    </p>
    <p>
      This release discusses Net sales growth (GAAP) and organic sales growth,
      which is Net sales growth excluding the impact of foreign exchange,
      acquisitions and divestments (non-GAAP). Management believes the organic
      sales growth measure provides investors and analysts with useful
      supplemental information regarding the Company&#8217;s underlying sales trends
      by presenting sales growth excluding the external factor of foreign
      exchange as well as the impact from acquisitions and divestments. See
      &#8220;Geographic Sales Analysis Percentage Changes&#8221; for the three months
      ended March 31, 2017 vs 2016 included with this release for a comparison
      of organic sales growth to Net sales growth in accordance with GAAP.
    </p>
    <p>
      To supplement Colgate&#8217;s Condensed Consolidated Statements of Income
      presented in accordance with GAAP, the Company has disclosed non-GAAP
      measures of operating results that exclude certain items. Worldwide
      Gross profit, Gross profit margin, Selling, general and administrative
      expenses, Selling, general and administrative expenses as a percentage
      of Net sales, Other (income) expense, net, Operating profit, Operating
      profit margin, Effective income tax rate, Net income attributable to
      Colgate-Palmolive Company and Diluted earnings per common share are
      discussed both as reported (on a GAAP basis) and excluding charges
      resulting from the 2012 Restructuring Program (non-GAAP). These non-GAAP
      financial measures exclude items that, either by their nature or amount,
      management would not expect to occur as part of the Company&#8217;s normal
      business on a regular basis, such as restructuring charges, charges for
      certain litigation and tax matters, gains and losses from certain
      divestitures and certain unusual, non-recurring items. Investors and
      analysts use these financial measures in assessing the Company&#8217;s
      business performance, and management believes that presenting these
      financial measures on a non-GAAP basis provides them with useful
      supplemental information to enhance their understanding of the Company&#8217;s
      underlying business performance and trends. These non-GAAP financial
      measures also enhance the ability to compare period-to-period financial
      results. See &#8220;Non-GAAP Reconciliations&#8221; for the three months ended March
      31, 2017 and 2016 included with this release for a reconciliation of
      these financial measures to the related GAAP measures.
    </p>
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    </div>
    <p>
      The Company uses these financial measures internally in its budgeting
      process, to evaluate segment and overall operating performance and as
      factors in determining compensation. While the Company believes that
      these financial measures are useful in evaluating the Company&#8217;s
      underlying business performance and trends, this information should be
      considered as supplemental in nature and is not meant to be considered
      in isolation or as a substitute for the related financial information
      prepared in accordance with GAAP. In addition, these non-GAAP financial
      measures may not be the same as similar measures presented by other
      companies.
    </p>
    <p>
      The Company defines free cash flow before dividends as Net cash provided
      by operations less Capital expenditures. As management uses this measure
      to evaluate the Company&#8217;s ability to satisfy current and future
      obligations, repurchase stock, pay dividends and fund future business
      opportunities, the Company believes that it provides useful information
      to investors. Free cash flow before dividends is not a measure of cash
      available for discretionary expenditures since the Company has certain
      non-discretionary obligations, such as debt service, that are not
      deducted from the measure. Free cash flow before dividends is a non-GAAP
      measure and may not be comparable to similarly titled measures reported
      by other companies. See &#8220;Condensed Consolidated Statements of Cash
      Flows&#8221; for the three months ended March 31, 2017 and 2016 for a
      comparison of free cash flow before dividends to Net cash provided by
      operations, as reported in accordance with GAAP.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>
      <u>Explanatory Note Regarding Currency-Neutral Calculations</u>
    </p>
    <p>
      Diluted earnings per share growth for first quarter 2017, on a
      currency-neutral basis, eliminates from Diluted earnings per share
      growth (GAAP) charges resulting from the 2012 Restructuring Program and
      period-over-period changes in foreign exchange rates in the translation
      of local currency results into U.S. dollars. Accordingly, for purposes
      of calculating Diluted earnings per share growth for first quarter 2017,
      on a currency-neutral basis, first quarter 2017 local currency results,
      which include the impact of foreign currency transaction gains and
      losses, are translated into U.S. dollars using average foreign exchange
      rates for first quarter 2016.
    </p>
    <p>
      Management&#8217;s estimate of Diluted earnings per share growth on a
      currency-neutral basis for full year 2017 eliminates from Diluted
      earnings per share growth (GAAP) the impact of the 2016 items previously
      disclosed, the 2012 Restructuring Program and period-over-period changes
      in foreign exchange rates in the translation of local currency results
      into U.S. dollars. Accordingly, for purposes of estimating Diluted
      earnings per share growth for full year 2017, on a currency-neutral
      basis, estimated full year 2017 local currency results, which include
      the impact of foreign currency transaction gains and losses, are
      translated into U.S. dollars using 2016 average foreign exchange rates
      by quarter.
    </p>
    <p style="text-align: center">
      (See attached tables for first quarter results.)
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px" colspan="3">
          <b>Table 1</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>Colgate-Palmolive Company</b>
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>Condensed Consolidated Statements of Income</b>
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>For the Three Months Ended March 31, 2017 and 2016</b>
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>(Dollars in Millions Except Per Share Amounts) (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2017
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2016
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Net sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          3,762
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          3,762
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Cost of sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,493
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,514
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Gross profit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          2,269
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          2,248
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Gross profit margin
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          60.3
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          59.8
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Selling, general and administrative expenses
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,362
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,354
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Other (income) expense, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          22
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          27
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Operating profit
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          885
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          867
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Operating profit margin
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          23.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          23.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Interest (income) expense, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          23
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          28
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Income before income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          862
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          839
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Provision for income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          251
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          265
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Effective tax rate
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          29.1
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          31.6
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Net income including noncontrolling interests
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          611
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          574
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Less: Net income attributable to noncontrolling interests
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          41
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          41
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Net income attributable to Colgate-Palmolive Company
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          570
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          533
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Earnings per common share
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Basic
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.64
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.60
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Diluted
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.64
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.59
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Average common shares outstanding
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Basic
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          884.7
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          893.7
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Diluted
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          891.0
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          900.2
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px" colspan="3">
          <b>Table 2</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="16">
          <b>Colgate-Palmolive Company</b>
        </td>
      </tr>
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="16">
          <b>Condensed Consolidated Balance Sheets</b>
        </td>
      </tr>
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="16">
          <b>As of March 31, 2017, December 31, 2016 and March 31, 2016</b>
        </td>
      </tr>
      <tr>
        <td colspan="16">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="16">
          <b>(Dollars in Millions) (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="3">
          March 31,
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="3">
          December 31,
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="3">
          March 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2017
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2016
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2016
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Cash and cash equivalents
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          1,347
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          1,315
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          1,014
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Receivables, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,496
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,411
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,546
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Inventories
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,189
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,171
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          1,234
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Other current assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          564
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          441
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          696
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Property, plant and equipment, net
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          3,883
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          3,840
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          3,820
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Other assets, including goodwill and intangibles
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          3,969
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          3,945
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          4,138
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 10.0px">
          Total assets
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          12,448
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          12,123
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          12,448
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          6,473
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          6,533
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          6,580
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Other current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          3,802
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          3,292
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          3,760
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Other non-current liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          2,178
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          2,281
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          2,181
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Total liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          12,453
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          12,106
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          12,521
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total Colgate-Palmolive Company shareholders&#8217; equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (313
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (243
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (370
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Noncontrolling interests
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          308
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          260
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          297
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 10.0px">
          Total liabilities and shareholders&#8217; equity
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          12,448
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          12,123
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          12,448
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Supplemental Balance Sheet Information</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Debt less cash, cash equivalents and marketable securities*
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          5,014
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          5,147
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          5,429
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Working capital % of sales
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (4.3
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (2.2
          </p>
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            )%
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (2.8
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      *Marketable securities of $112, $71 and $137 as of March&#160;31, 2017,
      December&#160;31, 2016 and March&#160;31, 2016, respectively, are included in
      Other current assets.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px" colspan="3">
          <b>Table 3</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>Colgate-Palmolive Company</b>
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>Condensed Consolidated Statements of Cash Flows</b>
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>For the Three Months Ended March 31, 2017 and 2016</b>
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>(Dollars in Millions) (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2017
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2016
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Operating Activities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Net income including noncontrolling interests
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          611
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          574
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 10.0px">
          Adjustments to reconcile net income including noncontrolling
          interests to net cash provided by operations:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="8">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Depreciation and amortization
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          109
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          106
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Restructuring and termination benefits, net of cash
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (9
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          6
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Stock-based compensation expense
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          35
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          31
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Deferred income taxes
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (51
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (36
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Voluntary benefit plan contribution
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (57
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (50
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 25.0px">
          Cash effects of changes in:
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 40.0px">
          Receivables
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (52
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (95
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 40.0px">
          Inventories
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          9
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (32
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 40.0px">
          Accounts payable and other accruals
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          98
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          80
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 40.0px">
          Other non-current assets and liabilities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (2
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          30
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 55.0px">
          Net cash provided by operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          691
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          614
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Investing Activities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Capital expenditures
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (121
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (114
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Purchases of marketable securities and investments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (85
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (80
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Proceeds from sale of marketable securities and investments
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          48
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          50
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 10.0px">
          Other
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          &#8212;
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 50.0px">
          Net cash used in investing activities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (158
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (144
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Financing Activities</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Principal payments on debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (805
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (2,388
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Proceeds from issuance of debt
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          738
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          2,370
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Dividends paid
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (345
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (340
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Purchases of treasury shares
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (333
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (229
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 10.0px">
          Proceeds from exercise of stock options
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          225
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          146
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 50.0px">
          Net cash used in financing activities
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (520
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          (441
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Effect of exchange rate changes on Cash and cash equivalents
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          19
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          15
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Net increase in Cash and cash equivalents
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          32
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          44
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Cash and cash equivalents at beginning of the period
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          1,315
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          970
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px">
          Cash and cash equivalents at end of the period
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          1,347
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          1,014
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Supplemental Cash Flow Information</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Free cash flow before dividends (Net cash provided by operations
          less Capital expenditures)
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 10.0px">
          Net cash provided by operations
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          691
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          614
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 10.0px">
          Less: Capital expenditures
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (121
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (114
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px">
          Free cash flow before dividends
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          570
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          500
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Income taxes paid
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          186
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          217
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-left: 0.0px" colspan="3">
          <b>Table 4</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>Colgate-Palmolive Company</b>
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>Segment Information</b>
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>For the Three Months Ended March 31, 2017 and 2016</b>
        </td>
      </tr>
      <tr>
        <td colspan="11">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="11">
          <b>(Dollars in Millions) (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="8">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="8">
          Three Months Ended March 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2017
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2016
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Net Sales</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Oral, Personal and Home Care
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          North America
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          760
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          800
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Latin America
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          924
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          848
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Europe
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          558
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          588
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Asia Pacific
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          720
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          743
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Africa/Eurasia
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          246
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          231
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total Oral, Personal and Home Care
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          3,208
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          3,210
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Pet Nutrition
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          554
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          552
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px">
          <b>Total Net Sales</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          3,762
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          3,762
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="8">
          Three Months Ended March 31,
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2017
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          2016
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          <b>Operating Profit</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Oral, Personal and Home Care
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          North America
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          233
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          239
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Latin America
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          269
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          247
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Europe
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          140
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          141
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Asia Pacific
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          219
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          219
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Africa/Eurasia
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          45
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          43
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Total Oral, Personal and Home Care
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          906
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          889
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          Pet Nutrition
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          157
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          155
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          Corporate<sup>(1)</sup>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (178
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (177
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px">
          <b>Total Operating Profit</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          885
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          867
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      Note:<br>(1) Corporate operations include costs related to stock options
      and restricted stock units, research and development costs, Corporate
      overhead costs, restructuring and related implementation costs and gains
      and losses on sales of non-core product lines and assets.
    </p>
    <p>
      Corporate Operating profit (loss) for the three months ended March 31,
      2017 includes charges of $46 related to the 2012 Restructuring Program.
      Corporate Operating profit (loss) for the three months ended March 31,
      2016 included charges of $55 related to the 2012 Restructuring Program.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: right; padding-left: 0.0px" colspan="29">
          <b>Table 5</b>
        </td>
      </tr>
      <tr>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="29">
          <b>Colgate-Palmolive Company</b>
        </td>
      </tr>
      <tr>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="29">
          <b>Geographic Sales Analysis Percentage Changes</b>
        </td>
      </tr>
      <tr>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="29">
          <b>For the Three Months Ended March 31, 2017 vs 2016</b>
        </td>
      </tr>
      <tr>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="29">
          <b>(Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="18">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="18">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="18">
          <b>COMPONENTS OF SALES CHANGE</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Pricing</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Coupons</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Sales</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          <b>Consumer &amp;</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Change</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Organic</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          <b>As Reported</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Organic</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          <b>Ex-Divested</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Trade</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="2">
          <b>Foreign</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <u><b>Region</b></u>
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          <b>As Reported</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          <b>Sales Change</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          <b>Volume<sup>(1)</sup></b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          <b>Volume</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          <b>Volume<sup>(2)</sup></b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          <b>Incentives</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          <b>Exchange</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Total Company</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          &#8212;
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (2.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (2.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (2.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          <p style="margin-bottom: 0px; margin-top: 0px">
            )%
          </p>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          2.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Europe</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (5.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (4.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Latin America</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          9.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          7.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          &#8212;
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          7.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          2.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Asia Pacific</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (3.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          &#8212;
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (2.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Africa/Eurasia</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          6.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (6.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (6.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (6.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          7.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          6.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Total International</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          1.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          2.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          3.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>North America</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (5.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (5.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (5.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (5.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (5.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Total CP Products</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          &#8212;
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          2.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Hill&#8217;s</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          &#8212;
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (4.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (4.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (4.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          4.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Emerging Markets <sup>(3)</sup></b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          4.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          3.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          4.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          1.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="2">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="middle" style="text-align: left; padding-left: 0.0px">
          <b>Developed Markets</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (4.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (2.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (3.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (3.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (3.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          (1.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          )%
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      Notes:<br>(1) As Reported Volume includes the impact of acquisitions and
      divestments, as applicable.
    </p>
    <p>
      (2) Ex-Divested Volume excludes the impact of divestments, as applicable.
    </p>
    <p>
      (3) Emerging Markets include Latin America, Asia (excluding Japan),
      Africa/Eurasia and Central Europe.
    </p>
    <div style="margin-left: 0pt; margin-right: 0pt; width: 100%; text-indent: 0pt; margin-bottom: 10pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
<div style="text-align:left">
    <table cellspacing="0" style="font-size: 8pt; width: 100%; font-family: Times New Roman; margin-bottom: 10.0px">
      <tr>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
        <td>
          &#160;
        </td>
        <td>
          &#160;
        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: right; padding-left: 0.0px" colspan="32">
          <b>Table 6</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="32">
          <b>Colgate-Palmolive Company</b>
        </td>
      </tr>
      <tr>
        <td colspan="32">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="32">
          <b>Non-GAAP Reconciliations</b>
        </td>
      </tr>
      <tr>
        <td colspan="32">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="32">
          <b>For the Three Months Ended March 31, 2017 and 2016</b>
        </td>
      </tr>
      <tr>
        <td colspan="32">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="32">
          <b>(Dollars in Millions Except Per Share Amounts) (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          <b>Gross Profit</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="6">
          Gross profit, GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          2,269
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          2,248
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="6">
          2012 Restructuring Program
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          14
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          8
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="6">
          Gross profit, non-GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          2,283
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          2,256
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Basis Point</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="6">
          <b>Gross Profit Margin</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>Change</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="6">
          Gross profit margin, GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          60.3
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          59.8
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          50
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="6">
          2012 Restructuring Program
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          0.4
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          0.2
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="6">
          Gross profit margin, non-GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          60.7
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          60.0
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          70
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="16">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="16">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="16">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="16">
          <b>Selling, General and Administrative Expenses</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="17">
          Selling, general and administrative expenses, GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          1,362
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          1,354
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="11">
          2012 Restructuring Program
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (21
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (26
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="17">
          Selling, general and administrative expenses, non-GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          1,341
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          1,328
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Basis Point</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="17">
          <b>Selling, General and Administrative Expenses as a Percentage of
          Net Sales</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>Change</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="17">
          Selling, general and administrative expenses as a percentage of Net
          sales, GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          36.2
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          36.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          20
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="6">
          2012 Restructuring Program
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (0.6
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (0.7
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="17">
          Selling, general and administrative expenses as a percentage of Net
          sales, non-GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          35.6
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          35.3
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          30
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="6">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="6">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="6">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="6">
          <b>Other (Income) Expense, Net</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="17">
          Other (income) expense, net, GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          22
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          27
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="17">
          2012 Restructuring Program
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (11
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (21
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="17">
          Other (income) expense, net, non-GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          11
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          6
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          <b>Operating Profit</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>% Change</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="17">
          Operating profit, GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          885
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          867
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          2
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="17">
          2012 Restructuring Program
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          46
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          55
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="17">
          Operating profit, non-GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          931
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          922
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          1
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          %
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Basis Point</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="6">
          <b>Operating Profit Margin</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2017</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>2016</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="top" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>Change</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px" colspan="6">
          Operating profit margin, GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          23.5
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          23.0
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          50
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" colspan="6">
          2012 Restructuring Program
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          1.2
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          1.5
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px" colspan="11">
          Operating profit margin, non-GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          24.7
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          24.5
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          20
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="32">
          &#160;
        </td>
      </tr>
      <tr>
        <td colspan="32">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: right; padding-left: 0.0px" colspan="32">
          <b>Table 6</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: right; padding-left: 0.0px" colspan="32">
          <b>Continued</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="32">
          <b>Colgate-Palmolive Company</b>
        </td>
      </tr>
      <tr>
        <td colspan="32">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="32">
          <b>Non-GAAP Reconciliations</b>
        </td>
      </tr>
      <tr>
        <td colspan="32">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="32">
          <b>For the Three Months Ended March 31, 2017 and 2016</b>
        </td>
      </tr>
      <tr>
        <td colspan="32">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: center; padding-left: 0.0px" colspan="32">
          <b>(Dollars in Millions Except Per Share Amounts) (Unaudited)</b>
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="29">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="29">
          <b>2017</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Net Income</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Attributable</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Net Income</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>To</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Including</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Colgate-</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Effective</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Diluted</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Income Before</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Provision For</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Noncontrolling</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Palmolive</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Income</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Earnings</b>
        </td>
      </tr>
      <tr>
        <td valign="bottom" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>Income Taxes</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Income Taxes<sup>(1)</sup></b>
          </p>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>Interests</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>Company</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Tax Rate<sup>(2)</sup></b>
          </p>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Per Share<sup>(3)</sup></b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          As Reported GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          862
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          251
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          611
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          570
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          29.1
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.64
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          2012 Restructuring Program
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          46
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          15
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          31
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          31
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          0.2
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          0.03
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px">
          Non-GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          908
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          266
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          642
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          601
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          29.3
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          0.67
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="29">
          <b>2016</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Net Income</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Attributable</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Net Income</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>To</b>
        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
        <td>

        </td>
        <td>

        </td>
        <td colspan="3">

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Including</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Colgate-</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Effective</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Diluted</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Income Before</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="3">
          <b>Provision For</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Noncontrolling</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Palmolive</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Income</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; padding-left: 0.0px" colspan="3">
          <b>Earnings</b>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>Income Taxes</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Income Taxes<sup>(1)</sup></b>
          </p>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>Interests</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <b>Company</b>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Tax Rate<sup>(2)</sup></b>
          </p>
        </td>
        <td valign="bottom" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="top" style="text-align: center; padding-bottom: 2.0px; padding-left: 0.0px">

        </td>
        <td valign="bottom" style="text-align: center; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="3">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Per Share<sup>(3)</sup></b>
          </p>
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-left: 0.0px">
          As Reported GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          839
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          265
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          574
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          533
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px" colspan="2">
          31.6
        </td>
        <td valign="bottom" style="text-align: left; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          $
        </td>
        <td valign="bottom" style="text-align: right; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px">
          0.59
        </td>
        <td>

        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 2.0px; padding-left: 0.0px">
          2012 Restructuring Program
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          55
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          17
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          38
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          38
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          (0.1
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black">
          )%
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 1.0pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: solid; border-bottom-color: black" colspan="2">
          0.04
        </td>
        <td style="border-bottom-width: 1.0pt; border-bottom-style: solid; border-bottom-color: black">
          &#160;
        </td>
      </tr>
      <tr>
        <td valign="top" style="text-align: left; padding-bottom: 4.0px; padding-left: 0.0px">
          Non-GAAP
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          894
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          282
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          612
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          571
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black" colspan="2">
          31.5
        </td>
        <td valign="bottom" style="text-align: left; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          %
        </td>
        <td>

        </td>
        <td>

        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          $
        </td>
        <td valign="bottom" style="text-align: right; border-bottom-width: 2.25pt; padding-right: 0.0px; white-space: nowrap; padding-left: 0.0px; border-bottom-style: double; border-bottom-color: black">
          0.63
        </td>
        <td style="border-bottom-width: 2.25pt; border-bottom-style: double; border-bottom-color: black">
          &#160;
        </td>
      </tr>
    </table>
    </div>
    <p>
      Notes:<br>(1) The income tax effect on non-GAAP items is calculated
      based upon the tax laws and statutory income tax rates applicable in the
      tax jurisdiction(s) of the underlying non-GAAP adjustment.
    </p>
    <p>
      (2) The impact of non-GAAP items on the Company&#8217;s effective tax rate
      represents the difference in the effective tax rate calculated with and
      without the non-GAAP adjustment on Income before income taxes and
      Provision for income taxes.
    </p>
    <p>
      (3) The impact of non-GAAP adjustments on Diluted earnings per share may
      not necessarily equal the difference between &#8220;GAAP&#8221; and &#8220;non-GAAP&#8221; as a
      result of rounding.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>Colgate-Palmolive Company<br>John Faucher, 212-310-3653<br>Hope
      Spiller, 212-310-2291
    </p>
    <p style="text-align: right; white-space: nowrap">

    </p>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
