Colgate-Palmolive Company (CL) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8328888837261,5351,315
Cash and cash equivalents8328888837261,5351,315
Receivables1,2971,2641,4401,4001,4801,411
Inventory, net of allowances, customer advances and progress billings1,6921,6731,4001,2501,2211,171
Inventory1,6921,6731,4001,2501,2211,171
Other current assets576513456417403441
Total current assets:4,3974,3384,1793,7934,6394,338
Noncurrent Assets
Property, plant and equipment3,7303,7163,7503,8814,0723,840
Long-term investments and receivables   464238
Long-term investments   464238
Intangible assets, net (including goodwill)5,7466,7186,1754,1673,5593,420
Goodwill3,2843,8243,5082,5302,2182,107
Intangible assets, net (excluding goodwill)2,4622,8942,6671,6371,3411,313
Deferred income tax assets193291177
Other noncurrent assets974857753168218224
Other undisclosed noncurrent assets   106146263
Total noncurrent assets:10,64311,58210,8558,3688,0377,785
TOTAL ASSETS:15,04015,92015,03412,16112,67612,123
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities4,0004,1373,5243,3293,3973,292
Accounts payable1,4791,3931,2371,2221,2121,124
Accrued liabilities2,0852,3411,9171,6961,8311,727
Taxes payable436403370411354441
Debt51267514121113
Total current liabilities:4,0514,4044,0383,3413,4083,305
Noncurrent Liabilities
Long-term debt and lease obligation7,1947,3347,3336,3546,5666,520
Long-term debt, excluding current maturities7,1947,3347,3336,3546,5666,520
Liabilities, other than long-term debt2,8243,0813,1052,0342,2552,281
Deferred tax liabilities, net  246
Deferred income tax liabilities395426507
Other liabilities2,4292,6552,5982,0342,2552,035
Other undisclosed noncurrent liabilities   235204 
Total noncurrent liabilities:10,01810,41510,4388,6239,0258,801
Total liabilities:14,06914,81914,47611,96412,43312,106
Stockholders' equity
Stockholders' equity attributable to parent, including:609743117(102)(60)(243)
Common stock1,4661,4661,4661,4661,4661,466
Treasury stock, value(24,089)(23,045)(22,063)(21,196)(20,181)(19,135)
Additional paid in capital3,2692,9692,4882,2041,9841,691
Accumulated other comprehensive loss(4,386)(4,345)(4,273)(4,188)(3,855)(4,180)
Retained earnings24,35023,69922,50121,61520,53119,922
Other undisclosed stockholders' equity attributable to parent(1)(1)(2)(3)(5)(7)
Stockholders' equity attributable to noncontrolling interest362358441299303260
Total stockholders' equity:9711,10155819724317
TOTAL LIABILITIES AND EQUITY:15,04015,92015,03412,16112,67612,123

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues17,42116,47115,69315,54415,45415,195
Revenue, net15,45415,195
Cost of revenue(7,046)(6,454)(6,368)(6,313)(6,174)(6,072)
Cost of goods and services sold    (1,183)(1,140)
Gross profit:10,37510,0179,3259,2319,2809,123
Operating expenses(6,407)(6,019)(5,575)(5,389)(5,497)(5,249)
Other operating expense, net(65)(113)(196)(148)(194)(37)
Other undisclosed operating loss(571)     
Operating income:3,3323,8853,5543,6943,5893,837
Nonoperating income (expense)(70)(74)(61)(37)5150
Investment income, nonoperating  47505150
Net periodic defined benefits expense (reversal of expense), excluding service cost component(70)(74)(108)(87)
Interest and debt expense(195)(184)(193)(195)(156)(155)
Income from continuing operations before equity method investments, income taxes:3,0673,6273,3003,4623,4843,732
Other undisclosed income from continuing operations before income taxes20201236
Income from continuing operations before income taxes:3,0873,6473,3013,4643,4873,738
Income tax expense(749)(787)(774)(906)(1,313)(1,152)
Net income:2,3382,8602,5272,5582,1742,586
Net loss attributable to noncontrolling interest(172)(165)(160)(158)(150)(145)
Net income available to common stockholders, diluted:2,1662,6952,3672,4002,0242,441

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:2,3382,8602,5272,5582,1742,586
Other comprehensive income (loss)(43)(66)(87)(189)342(242)
Comprehensive income:2,2952,7942,4402,3692,5162,344
Comprehensive loss, net of tax, attributable to noncontrolling interest(170)(171)(158)(139)(167)(133)
Comprehensive income, net of tax, attributable to parent:2,1252,6232,2822,2302,3492,211

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: