Colgate-Palmolive Company (CL) Financial Statements (2024 and earlier)

Company Profile

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

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments7758328888837261,535
Cash and cash equivalents7758328888837261,535
Receivables1,5041,2971,2641,4401,4001,480
Inventory, net of allowances, customer advances and progress billings2,0741,6921,6731,4001,2501,221
Inventory2,0741,6921,6731,4001,2501,221
Other current assets760576513456417403
Total current assets:5,1134,3974,3384,1793,7934,639
Noncurrent Assets
Property, plant and equipment4,3073,7303,7163,7503,8814,072
Long-term investments and receivables     4642
Long-term investments     4642
Intangible assets, net (including goodwill)5,2725,7466,7186,1754,1673,559
Goodwill3,3523,2843,8243,5082,5302,218
Intangible assets, net (excluding goodwill)1,9202,4622,8942,6671,6371,341
Deferred income tax assets135193291177
Other noncurrent assets904974857753168218
Other undisclosed noncurrent assets     106146
Total noncurrent assets:10,61810,64311,58210,8558,3688,037
TOTAL ASSETS:15,73115,04015,92015,03412,16112,676
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities3,9794,0004,1373,5243,3293,397
Taxes payable436403370411354
Accounts payable1,5511,4791,3931,2371,2221,212
Accrued liabilities2,4282,0852,3411,9171,6961,831
Debt25512675141211
Total current liabilities:4,0044,0514,4044,0383,3413,408
Noncurrent Liabilities
Long-term debt and lease obligation8,7417,1947,3347,3336,3546,566
Long-term debt, excluding current maturities8,7417,1947,3347,3336,3546,566
Liabilities, other than long-term debt2,1802,8243,0813,1052,0342,255
Deferred income tax liabilities383395426507
Other liabilities1,7972,4292,6552,5982,0342,255
Other undisclosed noncurrent liabilities     235204
Total noncurrent liabilities:10,92110,01810,41510,4388,6239,025
Total liabilities:14,92514,06914,81914,47611,96412,433
Equity
Equity, attributable to parent, including:401609743117(102)(60)
Common stock1,4661,4661,4661,4661,4661,466
Treasury stock, value(25,128)(24,089)(23,045)(22,063)(21,196)(20,181)
Additional paid in capital3,5463,2692,9692,4882,2041,984
Accumulated other comprehensive loss(4,055)(4,386)(4,345)(4,273)(4,188)(3,855)
Retained earnings24,57324,35023,69922,50121,61520,531
Other undisclosed equity, attributable to parent (1)(1)(1)(2)(3)(5)
Equity, attributable to noncontrolling interest405362358441299303
Total equity:8069711,101558197243
TOTAL LIABILITIES AND EQUITY:15,73115,04015,92015,03412,16112,676

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues17,96717,42116,47115,69315,54415,454
Revenue, net15,454
Cost of revenue(7,719)(7,046)(6,454)(6,368)(6,313)(6,174)
Cost of goods and services sold      (1,183)
Gross profit:10,24810,37510,0179,3259,2319,280
Operating expenses(7,286)(6,407)(6,019)(5,575)(5,389)(5,497)
Other operating expense, net(69)(65)(113)(196)(148)(194)
Other undisclosed operating loss  (571)    
Operating income:2,8933,3323,8853,5543,6943,589
Nonoperating income (expense)(80)(70)(74)(61)(37)51
Investment income, nonoperating    475051
Net periodic defined benefits expense (reversal of expense), excluding service cost component(80)(70)(74)(108)(87)
Interest and debt expense (172)(195)(184)(193)(195)(156)
Other undisclosed loss from continuing operations before equity method investments, income taxes      
Income from continuing operations before equity method investments, income taxes:2,6413,0673,6273,3003,4623,484
Other undisclosed income (loss) from continuing operations before income taxes192020123
Income from continuing operations before income taxes:2,6603,0873,6473,3013,4643,487
Income tax expense(693)(749)(787)(774)(906)(1,313)
Income from continuing operations:1,9672,3382,8602,5272,5582,174
Income before gain (loss) on sale of properties:2,3382,8602,5272,5582,174
Net income:1,9672,3382,8602,5272,5582,174
Net loss attributable to noncontrolling interest(182)(172)(165)(160)(158)(150)
Net income available to common stockholders, diluted:1,7852,1662,6952,3672,4002,024

Comprehensive Income ($ in millions)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income:1,9672,3382,8602,5272,5582,174
Other comprehensive income (loss)327(43)(66)(87)(189)342
Comprehensive income:2,2942,2952,7942,4402,3692,516
Comprehensive loss, net of tax, attributable to noncontrolling interest(178)(170)(171)(158)(139)(167)
Comprehensive income, net of tax, attributable to parent:2,1162,1252,6232,2822,2302,349

Statements Sources

The financial statements are based on the Company's filings with 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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