Balance Sheet: Assets
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Colgate-Palmolive Co., consolidated balance sheet: assets (quarterly data)

US$ in millions

	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018
Cash and cash equivalents	819)	867)	775)	938)	858)	877)	832)	958)	937)	995)	888)	989)	997)	854)	883)	948)	863)	843)	726)	841)	833)	851)
Receivables, net of allowances	1,656)	1,590)	1,504)	1,425)	1,490)	1,532)	1,297)	1,424)	1,443)	1,402)	1,264)	1,292)	1,231)	1,551)	1,440)	1,495)	1,590)	1,547)	1,400)	1,532)	1,545)	1,644)
Inventories	2,039)	2,110)	2,074)	2,073)	2,012)	1,924)	1,692)	1,670)	1,700)	1,676)	1,673)	1,578)	1,524)	1,301)	1,400)	1,371)	1,322)	1,278)	1,250)	1,245)	1,254)	1,312)
Other current assets	923)	899)	760)	842)	800)	656)	576)	618)	572)	490)	513)	508)	460)	542)	456)	535)	480)	465)	417)	523)	540)	485)
Current assets	5,437)	5,466)	5,113)	5,278)	5,160)	4,989)	4,397)	4,670)	4,652)	4,563)	4,338)	4,367)	4,212)	4,248)	4,179)	4,349)	4,255)	4,133)	3,793)	4,141)	4,172)	4,292)
Property, plant and equipment, cost	9,988)	9,815)	9,583)	9,318)	9,014)	9,043)	8,899)	8,827)	8,848)	8,637)	8,751)	8,380)	8,197)	8,167)	8,580)	8,389)	8,476)	8,398)	8,336)	8,451)	8,408)	8,648)
Accumulated depreciation	(5,557)	(5,452)	(5,276)	(5,195)	(5,249)	(5,291)	(5,169)	(5,194)	(5,183)	(5,028)	(5,035)	(4,874)	(4,714)	(4,680)	(4,830)	(4,700)	(4,683)	(4,577)	(4,455)	(4,580)	(4,500)	(4,561)
Property, plant and equipment, net	4,431)	4,363)	4,307)	4,123)	3,765)	3,752)	3,730)	3,633)	3,665)	3,609)	3,716)	3,506)	3,483)	3,487)	3,750)	3,689)	3,793)	3,821)	3,881)	3,871)	3,908)	4,087)
Goodwill	3,373)	3,375)	3,352)	3,538)	3,238)	3,292)	3,284)	3,685)	3,753)	3,701)	3,824)	3,711)	3,628)	3,559)	3,508)	3,532)	2,536)	2,517)	2,530)	2,539)	2,483)	2,572)
Other intangible assets, net	1,901)	1,918)	1,920)	2,219)	2,314)	2,415)	2,462)	2,719)	2,787)	2,787)	2,894)	2,838)	2,787)	2,822)	2,667)	2,535)	1,609)	1,612)	1,637)	1,660)	1,735)	1,782)
Deferred income taxes	186)	179)	135)	182)	188)	193)	193)	260)	283)	201)	291)	208)	224)	179)	177)	165)	167)	164)	152)	165)	156)	187)
Other assets	899)	872)	904)	948)	1,046)	1,082)	974)	913)	859)	940)	857)	836)	807)	775)	753)	756)	791)	636)	168)	195)	196)	224)
Non-current assets	10,790)	10,707)	10,618)	11,010)	10,551)	10,734)	10,643)	11,210)	11,347)	11,238)	11,582)	11,099)	10,929)	10,822)	10,855)	10,677)	8,896)	8,750)	8,368)	8,430)	8,478)	8,852)
Total assets	16,227)	16,173)	15,731)	16,288)	15,711)	15,723)	15,040)	15,880)	15,999)	15,801)	15,920)	15,466)	15,141)	15,070)	15,034)	15,026)	13,151)	12,883)	12,161)	12,571)	12,650)	13,144)

Liquidity and Working Capital: Cash and cash equivalents fluctuated moderately across the reported periods, with a peak near the end of 2020 and a general decline towards mid-2023, ending at $819 million. Receivables displayed variability with intermittent declines in mid-2020 followed by a recovery trend into mid-2023, reaching a high of $1,656 million. Inventories steadily increased from $1,312 million in early 2018 to a peak above $2,000 million by late 2022 before showing a slight decrease in 2023. Other current assets trended upward overall despite some fluctuations, evidencing increasing short-term resources. Total current assets increased steadily from $4,292 million in early 2018 to a maximum near $5,466 million in early 2023, though a minor decrease followed. This overall growth in current assets suggests improving liquidity, balanced by fluctuations in cash and receivables.
Property, Plant and Equipment: The historical cost of property, plant, and equipment showed an upward trend from approximately $8,648 million in early 2018 to nearly $9,988 million by mid-2023, indicating ongoing capital investment. Accumulated depreciation similarly increased in magnitude, reflecting ongoing asset usage and aging. The net property, plant, and equipment values declined from $4,087 million in early 2018 to a low around $3,487 million in early 2020, after which a gradual recovery ensued, reaching $4,431 million by mid-2023. This pattern reflects asset replacement and investment activities affecting the net asset base.
Intangible Assets: Goodwill remained relatively stable with moderate increases until 2019, when a noticeable jump occurred, followed by some fluctuations and a decline post-2020, stabilizing around $3,300-$3,400 million thereafter. Other intangible assets showed a decline beginning in 2018 stock at $1,782 million, spiking sharply in 2019 before declining gradually to approximately $1,900 million by mid-2023. These movements suggest acquisitions and amortization activities influencing the intangible asset base over time.
Other Non-current Assets: Deferred income taxes fluctuated moderately with small increases and decreases, peaking at $291 million in late 2020 before declining to lower $180 million ranges in 2022 and slight upticks in 2023. Other assets present increasing trends from $224 million in early 2018 to peaks above $1,000 million in 2022, followed by some declines but still maintaining higher-than-initial levels. Non-current assets overall grew from approximately $8,852 million in early 2018 to over $10,000 million by 2022-2023, indicating asset base expansion in long-term holdings.
Total Assets: Total assets demonstrated a consistent increase with some fluctuations, starting at $13,144 million in early 2018 and reaching a peak of $16,288 million towards late 2022. A slight dip occurred into mid-2023, yet total assets remained elevated at around $16,227 million. The growth trajectory indicates consistent asset accumulation and reinvestment, with short-term fluctuations aligning with operational and market dynamics.

Assets: Selected Items

Download chart

Current Assets: Selected Items

Download chart

Colgate-Palmolive Co. (NYSE:CL)

Balance Sheet: Assets Quarterly Data

Assets: Selected Items

Current Assets: Selected Items

Balance Sheet: Assets
Quarterly Data