.Income Statement Quarterly Data
Difficulty: Beginner
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.
Colgate-Palmolive Co., Consolidated Income Statement (quarterly data)
USD $ in millions
| 3 months ended | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | ||||||||||||||||||||||
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| | Net sales | ||||||||||||||||||||||||||||||||||||||||||
| | Cost of sales | ||||||||||||||||||||||||||||||||||||||||||
| | Gross profit | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||
| | Selling, general and administrative expenses | ||||||||||||||||||||||||||||||||||||||||||
| | Other income (expense), net | ||||||||||||||||||||||||||||||||||||||||||
| | Charge for Venezuela accounting change | ||||||||||||||||||||||||||||||||||||||||||
| | Operating profit | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||
| | Non-service related postretirement costs | ||||||||||||||||||||||||||||||||||||||||||
| | Interest income (expense), net | ||||||||||||||||||||||||||||||||||||||||||
| | Income before income taxes | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||
| | Provision for income taxes | ||||||||||||||||||||||||||||||||||||||||||
| | Net income including noncontrolling interests | | | | | | | | | | | | | | | | | | | | | | |||||||||||||||||||||
| | Net income attributable to noncontrolling interests | ||||||||||||||||||||||||||||||||||||||||||
| | Net income attributable to Colgate-Palmolive Company | | | | | | | | | | | | | | | | | | | | | |
| 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 declined from Q3 2017 to Q4 2017 but then increased from Q4 2017 to Q1 2018 exceeding Q3 2017 level. |
| Operating profit | The net result for the period of deducting operating expenses from operating revenues. | Colgate-Palmolive Co.'s operating profit declined from Q3 2017 to Q4 2017 but then increased from Q4 2017 to Q1 2018 exceeding Q3 2017 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 Q3 2017 to Q4 2017 but then increased from Q4 2017 to Q1 2018 exceeding Q3 2017 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 Q3 2017 to Q4 2017 but then increased from Q4 2017 to Q1 2018 exceeding Q3 2017 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 Q3 2017 to Q4 2017 but then increased from Q4 2017 to Q1 2018 exceeding Q3 2017 level. |
