Earnings Per Share

9 Months Ended

Sep. 30, 2019

For the three months ended September 30, 2019 and 2018, earnings per share were as follows:



	Three Months Ended
	September 30, 2019					September 30, 2018
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	578	858.7	$	0.67	$	523	868.8	$	0.60
Stock options and restricted stock units			2.5					2.3
Diluted EPS	$	578	861.2	$	0.67	$	523	871.1	$	0.60

For the three months ended September 30, 2019 and 2018, the average number of stock options and restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 16,963,201 and 17,373,432, respectively.

For the nine months ended September 30, 2019 and 2018, earnings per share were as follows:



	Nine Months Ended
	September 30, 2019					September 30, 2018
	Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share		Net income attributable to Colgate-Palmolive Company		Shares (millions)	Per Share
Basic EPS	$	1,724	860.1	$	2.00	$	1,794	871.9	$	2.06
Stock options and restricted stock units			2.3					3.1
Diluted EPS	$	1,724	862.4	$	2.00	$	1,794	875.0	$	2.05

For the nine months ended September 30, 2019 and 2018, the average number of stock options and restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 18,818,149 and 16,602,521, respectively.

Basic and diluted earnings per share are computed independently for each quarter and any year-to-date period presented. As a result of changes in the number of shares outstanding during the year and rounding, the sum of the quarters’ earnings per share may not necessarily equal the earnings per share for any year-to-date period.