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Colgate-Palmolive Co. (CL) | Income Statement

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The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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Colgate-Palmolive Co., Consolidated Income Statement

USD $ in millions

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  12 months ended Dec 31, 2011 Dec 31, 2010 Dec 31, 2009 Dec 31, 2008 Dec 31, 2007
chart Net sales
chart Cost of sales
chart Gross profit
chart Selling, general and administrative expenses
chart Amortization of intangible assets
chart Gain on sales of non-core product lines
chart Business realignment and other cost-saving initiatives
chart Costs related to the sale of land in Mexico
chart Charge for a French competition law matter
chart Sanex acquisition transaction costs
chart Venezuela hyperinflationary transition charge
chart Gain from remeasurement of Venezuelan balance sheet
chart Remeasurement of certain liabilities in Venezuela
chart Termination benefits
chart Investment income (losses)
chart Legal and environmental matters
chart Asset impairments
chart Equity income
chart 2004 Restructuring Program
chart Pension settlement charges
chart Hill’s limited voluntary recall
chart Other, net
chart Other income (expense), net
chart Operating profit
chart Interest incurred, less interest capitalized
chart Interest income
chart Interest expense, net
chart Income before income taxes
chart Provision for income taxes
chart Net income including noncontrolling interests
chart Net income attributable to noncontrolling interests
chart Net income attributable to Colgate-Palmolive Company
Source: Colgate-Palmolive Co., Annual Reports
Item Description The company
Net sales Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Colgate-Palmolive Co.'s net sales increased from 2009 to 2010 and from 2010 to 2011.
Operating profit The net result for the period of deducting operating expenses from operating revenues. Colgate-Palmolive Co.'s operating profit declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Income before income taxes Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Colgate-Palmolive Co.'s income before income taxes declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Net income including noncontrolling interests The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Colgate-Palmolive Co.'s net income including noncontrolling interests declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.
Net income attributable to Colgate-Palmolive Company The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Colgate-Palmolive Co.'s net income attributable to Colgate-Palmolive Company declined from 2009 to 2010 but then increased from 2010 to 2011 exceeding 2009 level.

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