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Supplemental Other Comprehensive Income (Loss) Information
12 Months Ended
Dec. 31, 2017
Equity [Abstract]  
Supplemental Other Comprehensive Income (Loss) Information
Supplemental Other Comprehensive Income (Loss) Information

Other comprehensive income (loss) components attributable to Colgate-Palmolive Company before tax and net of tax during the years ended December 31 were as follows:
 
 
2017
 
2016
 
2015
 
 
Pre-tax
Net of Tax
 
Pre-tax
Net of Tax
 
Pre-tax
Net of Tax
 
 
 
 
 
 
 
 
 
 
Cumulative translation adjustments
 
$
218

$
285

 
$
(97
)
$
(125
)
 
$
(721
)
$
(745
)
Reclassification due to Venezuela deconsolidation(1)
 


 


 
111

111

Cumulative translation adjustments
 
218

285

 
(97
)
(125
)
 
(610
)
(634
)
Pension and other benefits:
 
 
 
 
 
 
 
 
 
   Net actuarial gain (loss), prior
   service costs and settlements
   during the period
 
21

9

 
(231
)
(152
)
 
182

115

   Amortization of net actuarial loss,
   transition and prior service costs(2)
 
71

45

 
63

43

 
82

52

Reclassification due to Venezuela deconsolidation(1)
 


 


 
44

29

Retirement Plan and other retiree benefit
adjustments
 
92

54

 
(168
)
(109
)
 
308

196

Available-for-sale securities:
 
 
 
 
 
 
 
 
 
   Unrealized gains (losses) on available-
   for-sale securities(3)
 


 


 
(18
)
(12
)
   Reclassification of (gains) losses
   into net earnings on available-
   for-sale securities(4)
 


 
(1
)
(1
)
 
14

11

Reclassification due to Venezuela deconsolidation(1)
 


 


 
(10
)
(6
)
Gains (losses) on available-for-sale
securities
 


 
(1
)
(1
)
 
(14
)
(7
)
Cash flow hedges:
 
 
 
 
 
 
 
 
 
   Unrealized gains (losses) on cash flow
   hedges
 
(25
)
(16
)
 
11

8

 
18

12

   Reclassification of (gains) losses
   into net earnings on cash flow
   hedges(5)
 
3

2

 
(4
)
(3
)
 
(16
)
(10
)
Gains (losses) on cash flow hedges
 
(22
)
(14
)
 
7

5

 
2

2

Total Other comprehensive income (loss)
 
$
288

$
325

 
$
(259
)
$
(230
)
 
$
(314
)
$
(443
)

_________
(1) 
Represents reclassifications from Accumulated other comprehensive income (loss) due to the deconsolidation of the Company’s Venezuelan operations. Cumulative translation, net actuarial gain (loss) and unrealized gains (losses) on available-for-sale securities were reclassified into the Charge for Venezuela accounting change on the Consolidated Statement of Income.
(2) 
These components of Other comprehensive income (loss) are included in the computation of total pension cost. See Note 10, Retirement Plans and Other Retiree Benefits for additional details.
(3) 
For the year ended December 31, 2015, these amounts included pretax net losses of $50 related to the remeasurement of the bolivar-denominated fixed interest rate bonds and the devaluation-protected bonds in Venezuela.

(4) 
Represents reclassification of losses on the Venezuela bonds into Other (income) expense, net due to an impairment in the fair value of the bonds as a result of the effective devaluations in the second and third quarters of 2015.
(5) 
These (gains) losses are reclassified into Cost of sales. See Note 7, Fair Value Measurements and Financial Instruments for additional details.

There were no tax impacts on Other comprehensive income (loss) attributable to Noncontrolling interests.

Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) is comprised of cumulative foreign currency translation gains and losses, unrecognized pension and other retiree benefit costs, unrealized gains and losses from derivative instruments designated as cash flow hedges and unrealized gains and losses on available-for-sale securities. At December 31, 2017 and 2016, Accumulated other comprehensive income (loss) consisted primarily of aftertax unrecognized pension and other retiree benefit costs of $923 and $977, respectively, and cumulative foreign currency translation adjustments of $2,927 and $3,212, respectively. Foreign currency translation adjustments in 2017 primarily reflect gains from the Euro. In 2016, foreign currency translation adjustments primarily reflect losses from the Mexican peso and the Euro, partially offset by gains from the Brazilian real.