CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2015
Dec. 31, 2014
Current Assets    
Cash and cash equivalents $ 859 $ 1,089
Receivables (net of allowances of $58 and $54, respectively) 1,611 1,552
Inventories 1,350 1,382
Other current assets 880 840
Total current assets 4,700 4,863
Property, plant and equipment:    
Cost 8,212 8,385
Less: Accumulated depreciation (4,244) (4,305)
Property, plant and equipment, net 3,968 4,080
Goodwill 2,186 2,307
Other intangible assets, net 1,356 1,413
Deferred income taxes 79 76
Other assets 867 720
Total assets 13,156 13,459
Current Liabilities    
Notes and loans payable 18 16
Current portion of long-term debt 488 488
Accounts payable 1,167 1,231
Accrued income taxes 417 294
Other accruals 2,233 1,917
Total current liabilities 4,323 3,946
Long-term debt 5,622 5,644
Deferred income taxes 233 261
Other liabilities 2,239 2,223
Total liabilities 12,417 12,074
Shareholders' Equity    
Common stock 1,466 1,466
Additional paid-in capital 1,272 1,236
Retained earnings 18,704 18,832
Accumulated other comprehensive income (loss) (3,847) (3,507)
Unearned compensation (13) (20)
Treasury stock, at cost (17,122) (16,862)
Total Colgate-Palmolive Company shareholders' equity 460 1,145
Noncontrolling interests 279 240
Total shareholders' equity 739 1,385
Total liabilities and shareholders' equity $ 13,156 $ 13,459