v3.26.1

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2026	Dec. 31, 2025
Current Assets
Cash and cash equivalents	$ 1,335	$ 1,288
Receivables (net of allowances of $89 and $90, respectively)	1,889	1,675
Inventories	2,086	2,032
Other current assets	772	714
Total current assets	6,082	5,709
Property, plant and equipment:
Cost	10,887	10,856
Less: Accumulated depreciation	(6,265)	(6,196)
Property, plant and equipment, net	4,622	4,660
Goodwill	3,107	3,122
Other intangible assets, net	1,521	1,536
Deferred income taxes	211	205
Other assets	1,067	1,098
Total assets	16,610	16,330
Current Liabilities
Debt payable within one-year	36	1,117
Accounts payable	2,096	2,089
Accrued income taxes	444	383
Other accruals	3,358	3,264
Total current liabilities	5,934	6,853
Long-term debt	7,937	6,871
Deferred income taxes	198	181
Other liabilities	2,055	2,060
Total liabilities	16,124	15,965
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	4,390	4,322
Retained earnings	26,816	26,595
Accumulated other comprehensive income (loss)	(3,871)	(3,879)
Treasury stock, at cost	(28,656)	(28,450)
Total Colgate-Palmolive Company shareholders’ equity	145	54
Noncontrolling interests	341	311
Total equity	486	365
Total liabilities and equity	$ 16,610	$ 16,330

Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

COLGATE PALMOLIVE CO 10-Q