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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 1,380 $ 1,315
Receivables (net of allowances of $82 and $73, respectively) 1,530 1,411
Inventories 1,205 1,171
Other current assets 621 441
Total current assets 4,736 4,338
Property, plant and equipment:    
Cost 8,419 7,942
Less: Accumulated depreciation (4,420) (4,102)
Property, plant and equipment, net 3,999 3,840
Goodwill 2,216 2,107
Other intangible assets, net 1,343 1,313
Deferred income taxes 265 301
Other assets 216 224
Total assets 12,775 12,123
Current Liabilities    
Notes and loans payable 7 13
Current portion of long-term debt 0 0
Accounts payable 1,164 1,124
Accrued income taxes 391 441
Other accruals 2,292 1,727
Total current liabilities 3,854 3,305
Long-term debt 6,520 6,520
Deferred income taxes 196 246
Other liabilities 1,938 2,035
Total liabilities 12,508 12,106
Shareholders’ Equity    
Common stock 1,466 1,466
Additional paid-in capital 1,932 1,691
Retained earnings 20,207 19,922
Accumulated other comprehensive income (loss) (3,834) (4,180)
Unearned compensation (1) (7)
Treasury stock, at cost (19,878) (19,135)
Total Colgate-Palmolive Company shareholders’ equity (108) (243)
Noncontrolling interests 375 260
Total equity 267 17
Total liabilities and equity $ 12,775 $ 12,123