Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2015	Dec. 31, 2014
Current Assets
Cash and cash equivalents		$ 970	$ 1,089
Receivables (net of allowances of $59 and $54, respectively)		1,427	1,552
Inventories		1,180	1,382
Other current assets		807	840
Total current assets		4,384	4,863
Property, plant and equipment, net		3,796	4,080
Goodwill		2,103	2,307
Other intangible assets, net		1,346	1,413
Deferred income taxes		67	76
Other assets		262	720
Total assets	[1]	11,958	13,459
Current Liabilities
Notes and loans payable		4	16
Current portion of long-term debt		298	488
Accounts payable		1,110	1,231
Accrued income taxes		277	294
Other accruals		1,845	1,917
Total current liabilities		3,534	3,946
Long-term debt		6,269	5,644
Deferred income taxes		233	261
Other liabilities		1,966	2,223
Total liabilities		12,002	12,074
Commitments and contingent liabilities		0	0
Shareholders’ Equity
Common stock, $1 par value (2,000,000,000 shares authorized, 1,465,706,360 shares issued)		1,466	1,466
Additional paid-in capital		1,438	1,236
Retained earnings		18,861	18,832
Accumulated other comprehensive income (loss)		(3,950)	(3,507)
Unearned compensation		(12)	(20)
Treasury stock, at cost		(18,102)	(16,862)
Total Colgate-Palmolive Company shareholders’ equity		(299)	1,145
Noncontrolling interests		255	240
Total equity		(44)	1,385
Total liabilities and equity		$ 11,958	$ 13,459

[1] Long-lived assets in the U.S., primarily property, plant and equipment and goodwill and other intangibles represented approximately one-third of total long-lived assets of $7,420, $8,086 and $8,248 in 2015, 2014 and 2013, respectively.