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Consolidated Statements of Changes in Shareholders' Equity (USD $)
In Millions, unless otherwise specified
Total
Preference Stock [Member]
Common Stock [Member]
Additional Paid-In Capital [Member]
Unearned Compensation [Member]
Treasury Stock [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Noncontrolling Interest [Member]
Beginning Balance at Dec. 31, 2008   $ 181 $ 733 $ 1,610 $ (187) $ (9,697) $ 11,760 $ (2,477) $ 121
Net Income (Loss) Attributable to Parent 2,291           2,291    
Net Income (Loss) Attributable to Noncontrolling Interest 106               106
Net income 2,397                
Other comprehensive income, net of tax 382             381 1
Dividends declared:                  
Series B Convertible Preference stock, net of taxes             (30)    
Common stock             (864)    
Noncontrolling interests in Company's subsidiaries                 (87)
Stock-based compensation expense       117          
Shares issued for stock options       92   175      
Shares issued for restricted stock awards       (47)   47      
Treasury stock acquired           (1,063)      
Preference stock conversion   (12)   (48)   60      
Other       40 54        
Ending Balance at Dec. 31, 2009   169 733 1,764 (133) (10,478) 13,157 (2,096) 141
Net Income (Loss) Attributable to Parent 2,203 [1]           2,203    
Net Income (Loss) Attributable to Noncontrolling Interest 110               110
Net income [1] 2,313                
Other comprehensive income, net of tax (17)             (19) 2
Dividends declared:                  
Series B Convertible Preference stock, net of taxes             (34)    
Common stock             (997)    
Noncontrolling interests in Company's subsidiaries                 (111)
Stock-based compensation expense       121          
Shares issued for stock options       56   153      
Shares issued for restricted stock awards       (60)   60      
Treasury stock acquired           (2,020)      
Preference stock conversion   (169)   (813)   982      
Other       64 34 (2)      
Ending Balance at Dec. 31, 2010 2,817 0 733 1,132 (99) (11,305) 14,329 (2,115) 142
Net Income (Loss) Attributable to Parent 2,431 [2]           2,431    
Net Income (Loss) Attributable to Noncontrolling Interest 123               123
Net income [2] 2,554                
Other comprehensive income, net of tax (367)             (360) (7)
Dividends declared:                  
Common stock             (1,111)    
Noncontrolling interests in Company's subsidiaries                 (92)
Stock-based compensation expense       122          
Shares issued for stock options       88   251      
Shares issued for restricted stock awards       (53)   53      
Treasury stock acquired           (1,806)      
Other       47 39 (1)      
Ending Balance at Dec. 31, 2011 $ 2,541 $ 0 $ 733 $ 1,336 $ (60) $ (12,808) $ 15,649 $ (2,475) $ 166
[1] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per share for the full year of 2010 include a $271 one-time charge related to the transition to hyperinflationary accounting in Venezuela, a $61 aftertax charge for termination benefits related to overhead reduction initiatives, a $30 aftertax gain on sales of non-core product lines and a $31 benefit related to the reorganization of an overseas subsidiary.
[2] Net income including noncontrolling interests, Net income attributable to Colgate-Palmolive Company and earnings per share for the full year of 2011 include a $135 aftertax gain resulting from the sale of the Company's laundry detergent business in Colombia, $147 of aftertax charges for the implementation of various business realignment and other cost-saving initiatives, $9 of aftertax charges related to the sale of land in Mexico and a $21 charge for a competition law matter in France related to a divested detergent business.