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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Income Statement [Abstract]        
Net sales $ 4,260 $ 3,897 $ 8,604 $ 7,994
Cost of sales 1,704 1,528 3,411 3,160
Gross profit 2,556 2,369 5,193 4,834
Selling, general and administrative expenses 1,568 1,395 3,173 2,868
Other (income) expense, net (8) 28 20 68
Operating profit 996 946 2,000 1,898
Non-service related postretirement costs 18 20 36 41
Interest (income) expense, net 25 35 54 71
Income before income taxes 953 891 1,910 1,786
Provision for income taxes 212 216 441 363
Net income including noncontrolling interests 741 675 1,469 1,423
Less: Net income attributable to noncontrolling interests 38 40 85 73
Net income attributable to Colgate-Palmolive Company $ 703 $ 635 $ 1,384 $ 1,350
Earnings per common share, basic (in dollars per share) $ 0.83 $ 0.74 $ 1.63 $ 1.58
Earnings per common share, diluted (in dollars per share) $ 0.83 $ 0.74 $ 1.63 $ 1.57