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10-Q Filing

COLGATE PALMOLIVE CO CIK: 21665 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0000021665-19-000007
Period End Date 20190331
Filing Date 20190426
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance cl-20190331.xml
Balance Sheet 68 line items
Line Item Tag Value Unit Period
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $84.00M USD Point-in-time
Allowance for doubtful accounts AllowanceForDoubtfulAccountsReceivableCurrent $82.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $843.00M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $726.00M USD Point-in-time
Receivables (net of allowances of $84 and $82, respectively) AccountsReceivableNetCurrent $1.55B USD Point-in-time
Receivables (net of allowances of $84 and $82, respectively) AccountsReceivableNetCurrent $1.40B USD Point-in-time
Inventories InventoryNet $1.25B USD Point-in-time
Inventories InventoryNet $1.28B USD Point-in-time
Other current assets OtherAssetsCurrent $465.00M USD Point-in-time
Other current assets OtherAssetsCurrent $417.00M USD Point-in-time
Total current assets AssetsCurrent $3.79B USD Point-in-time
Total current assets AssetsCurrent $4.13B USD Point-in-time
Cost PropertyPlantAndEquipmentGross $8.34B USD Point-in-time
Cost PropertyPlantAndEquipmentGross $8.40B USD Point-in-time
Less: Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.46B USD Point-in-time
Less: Accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $4.58B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.88B USD Point-in-time
Property, plant and equipment, net PropertyPlantAndEquipmentNet $3.82B USD Point-in-time
Goodwill Goodwill $2.52B USD Point-in-time
Goodwill Goodwill $2.53B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $1.64B USD Point-in-time
Other intangible assets, net IntangibleAssetsNetExcludingGoodwill $1.61B USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $152.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxAssetsNet $164.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $168.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $636.00M USD Point-in-time
Total assets Assets $12.88B USD Point-in-time
Total assets Assets $12.16B USD Point-in-time
Notes and loans payable ShortTermBankLoansAndNotesPayable $5.00M USD Point-in-time
Notes and loans payable ShortTermBankLoansAndNotesPayable $12.00M USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent - USD Point-in-time
Current portion of long-term debt LongTermDebtCurrent $1.00M USD Point-in-time
Accounts payable AccountsPayableCurrent $1.22B USD Point-in-time
Accounts payable AccountsPayableCurrent $1.22B USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $411.00M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $400.00M USD Point-in-time
Other accruals OtherAccruedLiabilitiesCurrent $2.24B USD Point-in-time
Other accruals OtherAccruedLiabilitiesCurrent $1.70B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.34B USD Point-in-time
Total current liabilities LiabilitiesCurrent $3.87B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $6.66B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $6.35B USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $306.00M USD Point-in-time
Deferred income taxes DeferredIncomeTaxLiabilitiesNet $235.00M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $2.27B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $2.03B USD Point-in-time
Total liabilities Liabilities $11.96B USD Point-in-time
Total liabilities Liabilities $13.09B 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 $2.20B USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $2.24B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $21.61B USD Point-in-time
Retained earnings RetainedEarningsAccumulatedDeficit $21.44B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.19B USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-4.16B USD Point-in-time
Unearned compensation UnearnedCompensation $3.00M USD Point-in-time
Unearned compensation UnearnedCompensation $3.00M USD Point-in-time
Treasury stock, at cost TreasuryStockValue $21.53B USD Point-in-time
Treasury stock, at cost TreasuryStockValue $21.20B USD Point-in-time
Total Colgate-Palmolive Company shareholders equity StockholdersEquity $-552.00M USD Point-in-time
Total Colgate-Palmolive Company shareholders equity StockholdersEquity $-102.00M USD Point-in-time
Noncontrolling interests MinorityInterest $342.00M USD Point-in-time
Noncontrolling interests MinorityInterest $299.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-210.00M USD Point-in-time
Total equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $197.00M USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $12.16B USD Point-in-time
Total liabilities and equity LiabilitiesAndStockholdersEquity $12.88B USD Point-in-time
Income Statement 30 line items
Line Item Tag Value Unit Period
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $3.88B USD 1 Quarter
Net sales RevenueFromContractWithCustomerExcludingAssessedTax $4.00B USD 1 Quarter
Cost of sales CostOfRevenue $1.59B USD 1 Quarter
Cost of sales CostOfRevenue $1.60B USD 1 Quarter
Gross profit GrossProfit $2.29B USD 1 Quarter
Gross profit GrossProfit $2.41B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.36B USD 1 Quarter
Selling, general and administrative expenses SellingGeneralAndAdministrativeExpense $1.39B USD 1 Quarter
Other (income) expense, net OtherOperatingIncomeExpenseNet $-43.00M USD 1 Quarter
Other (income) expense, net OtherOperatingIncomeExpenseNet $-33.00M USD 1 Quarter
Operating profit OperatingIncomeLoss $879.00M USD 1 Quarter
Operating profit OperatingIncomeLoss $983.00M USD 1 Quarter
Non-service related postretirement costs NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent $24.00M USD 1 Quarter
Non-service related postretirement costs NetPeriodicDefinedBenefitsExpenseReversalOfExpenseExcludingServiceCostComponent $25.00M USD 1 Quarter
Interest (income) expense, net InterestExpenseNet $35.00M USD 1 Quarter
Interest (income) expense, net InterestExpenseNet $40.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $924.00M USD 1 Quarter
Income before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $814.00M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $214.00M 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 $600.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $44.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $40.00M USD 1 Quarter
Net income attributable to Colgate-Palmolive Company NetIncomeLoss $560.00M 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 $0.65 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 $0.65 USD 1 Quarter
Cash Flow Statement 58 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 $600.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $128.00M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $129.00M USD 1 Quarter
Restructuring and termination benefits, net of cash RestructuringNetOfCash $5.00M 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 $17.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $13.00M USD 1 Quarter
Deferred income taxes DeferredIncomeTaxesAndTaxCredits $53.00M USD 1 Quarter
Voluntary benefit plan contributions PensionAndOtherPostretirementBenefitContributions $102.00M USD 1 Quarter
Voluntary benefit plan contributions PensionAndOtherPostretirementBenefitContributions - USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $145.00M USD 1 Quarter
Receivables IncreaseDecreaseInReceivables $211.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $33.00M USD 1 Quarter
Inventories IncreaseDecreaseInInventories $32.00M USD 1 Quarter
Accounts payable and other accruals IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $44.00M USD 1 Quarter
Accounts payable and other accruals IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $33.00M USD 1 Quarter
Other non-current assets and liabilities IncreaseDecreaseInOtherOperatingCapitalNet $-37.00M 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 $605.00M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $71.00M USD 1 Quarter
Capital expenditures PaymentsToAcquireProductiveAssets $118.00M USD 1 Quarter
Purchases of marketable securities and investments PaymentsToAcquireMarketableSecurities $38.00M USD 1 Quarter
Purchases of marketable securities and investments PaymentsToAcquireMarketableSecurities $27.00M 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 $-881.00M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-98.00M USD 1 Quarter
Principal payments on debt RepaymentsOfDebt $2.08B USD 1 Quarter
Principal payments on debt RepaymentsOfDebt $1.77B USD 1 Quarter
Proceeds from issuance of debt ProceedsFromIssuanceOfDebt $2.23B USD 1 Quarter
Proceeds from issuance of debt ProceedsFromIssuanceOfDebt $2.08B USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $352.00M USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $366.00M USD 1 Quarter
Purchases of treasury shares PaymentsForRepurchaseOfCommonStock $399.00M USD 1 Quarter
Purchases of treasury shares PaymentsForRepurchaseOfCommonStock $351.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsAndExcessTaxBenefitFromSharebasedCompensation $71.00M USD 1 Quarter
Proceeds from exercise of stock options ProceedsAndExcessTaxBenefitFromSharebasedCompensation $119.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-437.00M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-392.00M USD 1 Quarter
Effect of exchange rate changes on Cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $18.00M USD 1 Quarter
Effect of exchange rate changes on Cash and cash equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $2.00M USD 1 Quarter
Net increase (decrease) in Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $117.00M USD 1 Quarter
Net increase (decrease) in Cash and cash equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-684.00M USD 1 Quarter
Cash and cash equivalents at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $726.00M USD Point-in-time
Cash and cash equivalents at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.53B USD Point-in-time
Cash and cash equivalents at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $851.00M USD Point-in-time
Cash and cash equivalents at beginning of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $843.00M USD Point-in-time
Cash and cash equivalents at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $726.00M USD Point-in-time
Cash and cash equivalents at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.53B USD Point-in-time
Cash and cash equivalents at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $851.00M USD Point-in-time
Cash and cash equivalents at end of the period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $843.00M USD Point-in-time
Income taxes paid IncomeTaxesPaid $163.00M USD 1 Quarter
Income taxes paid IncomeTaxesPaid $149.00M USD 1 Quarter
Stockholders Equity 20 line items
Line Item Tag Value Unit Period
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.85 USD 1 Quarter
Dividends declared per common share (in dollars per share) CommonStockDividendsPerShareDeclared $0.82 USD 1 Quarter
Accumulated other comprehensive income (loss), cumulative translation losses AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax $-2.93B USD Point-in-time
Accumulated other comprehensive income (loss), cumulative translation losses AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax $-3.13B USD Point-in-time
Accumulated other comprehensive income (loss), cumulative translation losses AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax $-3.15B USD Point-in-time
Accumulated other comprehensive income (loss), cumulative translation losses AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax $-2.83B USD Point-in-time
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax $1.03B USD Point-in-time
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax $1.06B USD Point-in-time
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax $1.04B USD Point-in-time
Accumulated other comprehensive income (loss), unrecognized retirement plan and other retiree benefit costs AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax $923.00M USD Point-in-time
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
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-210.00M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $197.00M USD Point-in-time
Net income ProfitLoss $678.00M USD 1 Quarter
Net income ProfitLoss $600.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $121.00M USD 1 Quarter
Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $33.00M USD 1 Quarter
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-210.00M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $197.00M USD Point-in-time
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 $600.00M USD 1 Quarter
Cumulative translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $26.00M USD 1 Quarter
Cumulative translation adjustments OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax $108.00M USD 1 Quarter
Retirement plans and other retiree benefit adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-14.00M USD 1 Quarter
Retirement plans and other retiree benefit adjustments OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-12.00M USD 1 Quarter
Gains (losses) on cash flow hedges OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax $-5.00M USD 1 Quarter
Gains (losses) on cash flow hedges OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax $-1.00M USD 1 Quarter
Total Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $33.00M USD 1 Quarter
Total Other comprehensive income (loss), net of tax OtherComprehensiveIncomeLossNetOfTax $121.00M USD 1 Quarter
Total Comprehensive income including noncontrolling interests ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $799.00M USD 1 Quarter
Total Comprehensive income including noncontrolling interests ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $633.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $44.00M USD 1 Quarter
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $40.00M USD 1 Quarter
Less: Cumulative translation adjustments attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $3.00M USD 1 Quarter
Less: Cumulative translation adjustments attributable to noncontrolling interests OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest $5.00M USD 1 Quarter
Total Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $47.00M USD 1 Quarter
Total Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $45.00M USD 1 Quarter
Total Comprehensive income attributable to Colgate-Palmolive Company ComprehensiveIncomeNetOfTax $588.00M 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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