Colgate-Palmolive Company (CL) financial statements (2021 and earlier)

Company profile

Business Address 300 PARK AVE
NEW YORK, NY 10022
State of Incorp. DE
Fiscal Year End December 31
SIC 2844 - Perfumes, Cosmetics, and Other Toilet Preparations (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8888837261,5351,315970
Cash and cash equivalents8888837261,5351,315970
Receivables1,2641,4401,4001,4801,4111,427
Inventory, net of allowances, customer advances and progress billings1,6731,4001,2501,2211,1711,180
Inventory1,6731,4001,2501,2211,1711,180
Other current assets513456417403441807
Total current assets:4,3384,1793,7934,6394,3384,384
Noncurrent Assets
Property, plant and equipment3,7163,7503,8814,0723,8403,796
Long-term investments and receivables  46423834
Long-term investments  46423834
Intangible assets, net (including goodwill)6,7186,1754,1673,5593,4203,449
Goodwill3,8243,5082,5302,2182,1072,103
Intangible assets, net (excluding goodwill)2,8942,6671,6371,3411,3131,346
Deferred income tax assets291177
Other noncurrent assets857753168218224262
Other undisclosed noncurrent assets  10614626333
Total noncurrent assets:11,58210,8558,3688,0377,7857,574
TOTAL ASSETS:15,92015,03412,16112,67612,12311,958
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,1373,5243,3293,3973,2923,232
Accounts payable1,3931,2371,2221,2121,1241,110
Accrued liabilities2,3411,9171,6961,8311,7271,845
Taxes payable403370411354441277
Debt267514121113302
Total current liabilities:4,4044,0383,3413,4083,3053,534
Noncurrent Liabilities
Long-term debt and lease obligation7,3347,3336,3546,5666,5206,269
Long-term debt, excluding current maturities7,3347,3336,3546,5666,5206,269
Liabilities, other than long-term debt3,0813,1052,0342,2552,2812,199
Deferred tax liabilities, net  246233
Deferred income tax liabilities426507
Other liabilities2,6552,5982,0342,2552,0351,966
Other undisclosed noncurrent liabilities  235204  
Total noncurrent liabilities:10,41510,4388,6239,0258,8018,468
Total liabilities:14,81914,47611,96412,43312,10612,002
Stockholders' equity
Stockholders' equity attributable to parent, including:743117(102)(60)(243)(299)
Common stock1,4661,4661,4661,4661,4661,466
Treasury stock, value(23,045)(22,063)(21,196)(20,181)(19,135)(18,102)
Additional paid in capital2,9692,4882,2041,9841,6911,438
Accumulated other comprehensive loss(4,345)(4,273)(4,188)(3,855)(4,180)(3,950)
Retained earnings23,69922,50121,61520,53119,92218,861
Other undisclosed stockholders' equity attributable to parent(1)(2)(3)(5)(7)(12)
Stockholders' equity attributable to noncontrolling interest358441299303260255
Total stockholders' equity:1,10155819724317(44)
TOTAL LIABILITIES AND EQUITY:15,92015,03412,16112,67612,12311,958

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues16,47115,69315,54415,45415,19516,034
Revenue, net15,45415,19516,034
Cost of revenue(6,454)(6,368)(6,313)(6,174)(6,072)(6,635)
Cost of goods and services sold   (1,183)(1,140)(1,235)
Gross profit:10,0179,3259,2319,2809,1239,399
Operating expenses(6,019)(5,575)(5,389)(5,497)(5,249)(5,464)
Other operating expense, net(113)(196)(148)(194)(37)(62)
Other undisclosed operating loss     (1,084)
Operating income:3,8853,5543,6943,5893,8372,789
Nonoperating income (expense)(74)(61)(37)5150107
Investment income, nonoperating 47505150107
Net periodic defined benefits expense (reversal of expense), excluding service cost component(74)(108)(87)
Interest and debt expense(184)(193)(195)(156)(155)(139)
Income from continuing operations before equity method investments, income taxes:3,6273,3003,4623,4843,7322,757
Other undisclosed income from continuing operations before income taxes2012366
Income from continuing operations before income taxes:3,6473,3013,4643,4873,7382,763
Income tax expense(787)(774)(906)(1,313)(1,152)(1,215)
Net income:2,8602,5272,5582,1742,5861,548
Net loss attributable to noncontrolling interest(165)(160)(158)(150)(145)(164)
Net income available to common stockholders, diluted:2,6952,3672,4002,0242,4411,384

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:2,8602,5272,5582,1742,5861,548
Other comprehensive income (loss)(66)(87)(189)342(242)(454)
Comprehensive income:2,7942,4402,3692,5162,3441,094
Comprehensive loss, net of tax, attributable to noncontrolling interest(171)(158)(139)(167)(133)(153)
Comprehensive income, net of tax, attributable to parent:2,6232,2822,2302,3492,211941

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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