XML 40 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share [Abstract]  
Earnings Per Share
Earnings Per Share

For the years ended December 31, 2017, 2016 and 2015, earnings per share were as follows:
 
2017
 
2016
 
2015
 
Net income attributable to Colgate-Palmolive Company
 
Shares
(millions)
 
Per
Share
 
Net income attributable to Colgate-Palmolive Company
 
Shares
(millions)
 
Per
Share
 
Net income attributable to Colgate-Palmolive Company
 
Shares
(millions)
 
Per
Share
Basic EPS
$
2,024

 
881.8

 
$
2.30

 
$
2,441

 
891.8

 
$
2.74

 
$
1,384

 
902.2

 
$
1.53

Stock options and restricted stock units
 
 
6.0

 
 

 
 

 
6.6

 
 

 
 

 
7.5

 
 

Diluted EPS
$
2,024

 
887.8

 
$
2.28

 
$
2,441

 
898.4

 
$
2.72

 
$
1,384

 
909.7

 
$
1.52


Basic earnings per common share is computed by dividing net income available for common stockholders by the weighted-average number of shares of common stock outstanding for the period.

Diluted earnings per common share is computed using the treasury stock method on the basis of the weighted-average number of shares of common stock plus the dilutive effect of potential common shares outstanding during the period. Dilutive potential common shares include outstanding stock options and restricted stock units.

As of December 31, 2017, 2016 and 2015, the average number of stock options that were anti-dilutive and not included in diluted earnings per share calculations were 11,056,725, 3,187,485 and 3,228,359, respectively. As of December 31, 2017, 2016 and 2015, the average number of restricted stock units that were anti-dilutive and not included in diluted earnings per share calculations were 91, 2,693 and 120, respectively.