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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
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
Source: Colgate-Palmolive Co., Quarterly and 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 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.

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