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10-Q Filing

COLGATE PALMOLIVE CO CIK: 21665 Q1 2018
Filing Information
Form Type 10-Q
Accession Number 0000021665-18-000008
Period End Date 20180331
Filing Date 20180427
Fiscal Year 2018
Fiscal Period Q1
XBRL Instance cl-20180331.xml
Filing Contents
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $77.00M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $85.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $851.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.35B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.53B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.31B USD Point-in-time
Receivables (net of allowances of $85 and $77, respectively) AccountsReceivableNetCurrent $1.48B USD Point-in-time
Receivables (net of allowances of $85 and $77, respectively) AccountsReceivableNetCurrent $1.64B USD Point-in-time
Inventories InventoryNet $1.22B USD Point-in-time
Inventories InventoryNet $1.31B USD Point-in-time
Other current assets OtherAssetsCurrent $485.00M USD Point-in-time
Other current assets OtherAssetsCurrent $403.00M USD Point-in-time
Total current assets AssetsCurrent $4.64B USD Point-in-time
Total current assets AssetsCurrent $4.29B USD Point-in-time
Cost PropertyPlantAndEquipmentGross $8.65B USD Point-in-time
Cost PropertyPlantAndEquipmentGross $8.46B USD Point-in-time
Less: Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.56B USD Point-in-time
Less: Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.39B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $4.09B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $4.07B USD Point-in-time
Goodwill Goodwill $2.22B USD Point-in-time
Goodwill Goodwill $2.57B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $1.78B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $1.34B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $187.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $188.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $224.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $218.00M USD Point-in-time
Total assets Assets $12.68B USD Point-in-time
Total assets Assets $13.14B USD Point-in-time
Notes and loans payable ShortTermBankLoansAndNotesPayable $11.00M USD Point-in-time
Notes and loans payable ShortTermBankLoansAndNotesPayable $159.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent - USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent - USD Point-in-time
Accounts payable AccountsPayableCurrent $1.21B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.21B USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $354.00M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $432.00M USD Point-in-time
Other accruals OtherAccruedLiabilitiesCurrent $1.83B USD Point-in-time
Other accruals OtherAccruedLiabilitiesCurrent $2.18B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.98B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.41B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $6.55B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $6.57B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $249.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $204.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $2.25B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $2.26B USD Point-in-time
Total liabilities Liabilities $12.43B USD Point-in-time
Total liabilities Liabilities $13.04B USD Point-in-time
Common stock CommonStockValue $1.47B USD Point-in-time
Common stock CommonStockValue $1.47B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $1.98B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.05B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $20.53B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $20.58B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.85B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-3.90B USD Point-in-time
Unearned compensation UnearnedCompensation $2.00M USD Point-in-time
Unearned compensation UnearnedCompensation $5.00M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $20.18B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $20.44B USD Point-in-time
Total Colgate-Palmolive Company shareholders equity StockholdersEquity $-249.00M USD Point-in-time
Total Colgate-Palmolive Company shareholders equity StockholdersEquity $-60.00M USD Point-in-time
Noncontrolling interests MinorityInterest $303.00M USD Point-in-time
Noncontrolling interests MinorityInterest $350.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $101.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $243.00M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $12.68B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $13.14B USD Point-in-time
Income Statement 34 line items
Line Item Tag Value Unit Period
Net sales SalesRevenueNet $3.76B USD 1 Quarter
Net sales SalesRevenueNet $4.00B USD 1 Quarter
Cost of sales CostOfRevenue $1.59B USD 1 Quarter
Cost of sales CostOfRevenue $1.49B USD 1 Quarter
Gross profit GrossProfit $2.41B USD 1 Quarter
Gross profit GrossProfit $2.27B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.39B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.34B USD 1 Quarter
Other (income) expense, net OtherOperatingIncomeExpenseNet $-33.00M USD 1 Quarter
Other (income) expense, net OtherOperatingIncomeExpenseNet $-21.00M USD 1 Quarter
Operating profit OperatingIncomeLoss $983.00M USD 1 Quarter
Operating profit OperatingIncomeLoss $912.00M USD 1 Quarter
Non-service related postretirement costs NetPeriodicDefinedBenefitsExpenseExcludingServiceCostComponent $27.00M USD 1 Quarter
Non-service related postretirement costs NetPeriodicDefinedBenefitsExpenseExcludingServiceCostComponent $24.00M USD 1 Quarter
Interest (income) expense, net InterestExpenseNet $35.00M USD 1 Quarter
Interest (income) expense, net InterestExpenseNet $23.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $924.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $862.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $251.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $246.00M USD 1 Quarter
Net income including noncontrolling interests ProfitLoss $678.00M USD 1 Quarter
Net income including noncontrolling interests ProfitLoss $611.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $44.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $41.00M USD 1 Quarter
Net income attributable to Colgate-Palmolive Company NetIncomeLoss $570.00M USD 1 Quarter
Net income attributable to Colgate-Palmolive Company NetIncomeLoss $634.00M USD 1 Quarter
Earnings per common share, basic (in dollars per share) EarningsPerShareBasic $0.64 USD 1 Quarter
Earnings per common share, basic (in dollars per share) EarningsPerShareBasic $0.72 USD 1 Quarter
Earnings per common share, diluted (in dollars per share) EarningsPerShareDiluted $0.72 USD 1 Quarter
Earnings per common share, diluted (in dollars per share) EarningsPerShareDiluted $0.64 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.82 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.79 USD 1 Quarter
Number of dividends declared per quarter (in dividends) NumberofDividendsDeclaredPerQuarter 2.00 Dividend 1 Quarter
Number of dividends declared per quarter (in dividends) NumberofDividendsDeclaredPerQuarter 2.00 Dividend 1 Quarter
Cash Flow Statement 60 line items
Line Item Tag Value Unit Period
Net income including noncontrolling interests ProfitLoss $678.00M USD 1 Quarter
Net income including noncontrolling interests ProfitLoss $611.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $109.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $129.00M USD 1 Quarter
Restructuring and termination benefits, net of cash RestructuringNetOfCash $-9.00M USD 1 Quarter
Restructuring and termination benefits, net of cash RestructuringNetOfCash $-25.00M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $28.00M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $35.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $13.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $-51.00M USD 1 Quarter
Voluntary benefit plan contributions PensionAndOtherPostretirementBenefitContributions $57.00M USD 1 Quarter
Voluntary benefit plan contributions PensionAndOtherPostretirementBenefitContributions - USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $211.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $52.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $-9.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $33.00M USD 1 Quarter
Accounts payable and other accruals IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $33.00M USD 1 Quarter
Accounts payable and other accruals IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $98.00M USD 1 Quarter
Other non-current assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $2.00M USD 1 Quarter
Other non-current assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $-4.00M USD 1 Quarter
Net cash provided by operations NetCashProvidedByUsedInOperatingActivities $616.00M USD 1 Quarter
Net cash provided by operations NetCashProvidedByUsedInOperatingActivities $691.00M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $121.00M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $118.00M USD 1 Quarter
Purchases of marketable securities and investments PaymentsToAcquireMarketableSecurities $85.00M USD 1 Quarter
Purchases of marketable securities and investments PaymentsToAcquireMarketableSecurities $38.00M USD 1 Quarter
Proceeds from sale of marketable securities and investments ProceedsFromSaleAndMaturityOfMarketableSecurities $48.00M USD 1 Quarter
Proceeds from sale of marketable securities and investments ProceedsFromSaleAndMaturityOfMarketableSecurities - USD 1 Quarter
Payment for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Payment for acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $727.00M USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities - USD 1 Quarter
Other PaymentsForProceedsFromOtherInvestingActivities $-2.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-158.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-881.00M USD 1 Quarter
Principal payments on debt RepaymentsOfDebt $2.08B USD 1 Quarter
Principal payments on debt RepaymentsOfDebt $805.00M USD 1 Quarter
Proceeds from issuance of debt ProceedsFromIssuanceOfDebt $738.00M USD 1 Quarter
Proceeds from issuance of debt ProceedsFromIssuanceOfDebt $2.23B USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $345.00M USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $352.00M USD 1 Quarter
Purchases of treasury shares PaymentsForRepurchaseOfCommonStock $351.00M USD 1 Quarter
Purchases of treasury shares PaymentsForRepurchaseOfCommonStock $333.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsAndExcessTaxBenefitFromSharebasedCompensation $225.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsAndExcessTaxBenefitFromSharebasedCompensation $119.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-520.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-437.00M USD 1 Quarter
Effect of exchange rate changes on Cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $18.00M USD 1 Quarter
Effect of exchange rate changes on Cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $19.00M USD 1 Quarter
Net increase (decrease) in Cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $32.00M USD 1 Quarter
Net increase (decrease) in Cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-684.00M USD 1 Quarter
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $851.00M USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $1.35B USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $1.53B USD Point-in-time
Cash and cash equivalents at beginning of the period CashAndCashEquivalentsAtCarryingValue $1.31B USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $851.00M USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $1.35B USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $1.53B USD Point-in-time
Cash and cash equivalents at end of the period CashAndCashEquivalentsAtCarryingValue $1.31B USD Point-in-time
Income taxes paid IncomeTaxesPaid $163.00M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $186.00M USD 1 Quarter
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net income including noncontrolling interests ProfitLoss $678.00M USD 1 Quarter
Net income including noncontrolling interests ProfitLoss $611.00M USD 1 Quarter
Cumulative translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $108.00M USD 1 Quarter
Cumulative translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $132.00M USD 1 Quarter
Retirement plans and other retiree benefit adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-13.00M USD 1 Quarter
Retirement plans and other retiree benefit adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-14.00M USD 1 Quarter
Gains (losses) on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-10.00M USD 1 Quarter
Gains (losses) on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-1.00M USD 1 Quarter
Total Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $121.00M USD 1 Quarter
Total Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $135.00M USD 1 Quarter
Total Comprehensive income including noncontrolling interests ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $799.00M USD 1 Quarter
Total Comprehensive income including noncontrolling interests ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $746.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $44.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $41.00M USD 1 Quarter
Less: Cumulative translation adjustments attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $7.00M USD 1 Quarter
Less: Cumulative translation adjustments attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Total Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $48.00M USD 1 Quarter
Total Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $47.00M USD 1 Quarter
Total Comprehensive income attributable to Colgate-Palmolive Company ComprehensiveIncomeNetOfTax $698.00M USD 1 Quarter
Total Comprehensive income attributable to Colgate-Palmolive Company ComprehensiveIncomeNetOfTax $752.00M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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