CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 1,241 $ 1,315
Receivables (net of allowances of $75 and $73, respectively) 1,526 1,411
Inventories 1,199 1,171
Other current assets 589 441
Total current assets 4,555 4,338
Property, plant and equipment:    
Cost 8,261 7,942
Less: Accumulated depreciation (4,331) (4,102)
Property, plant and equipment, net 3,930 3,840
Goodwill 2,191 2,107
Other intangible assets, net 1,340 1,313
Deferred income taxes 360 301
Other assets 204 224
Total assets 12,580 12,123
Current Liabilities    
Notes and loans payable 13 13
Current portion of long-term debt 0 0
Accounts payable 1,131 1,124
Accrued income taxes 404 441
Other accruals 2,232 1,727
Total current liabilities 3,780 3,305
Long-term debt 6,506 6,520
Deferred income taxes 195 246
Other liabilities 2,011 2,035
Total liabilities 12,492 12,106
Shareholders’ Equity    
Common stock 1,466 1,466
Additional paid-in capital 1,854 1,691
Retained earnings 19,952 19,922
Accumulated other comprehensive income (loss) (3,947) (4,180)
Unearned compensation (2) (7)
Treasury stock, at cost (19,565) (19,135)
Total Colgate-Palmolive Company shareholders’ equity (242) (243)
Noncontrolling interests 330 260
Total equity 88 17
Total liabilities and equity $ 12,580 $ 12,123