Stock Analysis on Net

Colgate-Palmolive Co. (NYSE:CL)

This company has been moved to the archive! The financial data has not been updated since July 28, 2023.

Balance Sheet: Assets 

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

US$ in millions

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Cash and cash equivalents 775 832 888 883 726
Receivables, net of allowances 1,504 1,297 1,264 1,440 1,400
Inventories 2,074 1,692 1,673 1,400 1,250
Other current assets 760 576 513 456 417
Current assets 5,113 4,397 4,338 4,179 3,793
Property, plant and equipment, net 4,307 3,730 3,716 3,750 3,881
Goodwill 3,352 3,284 3,824 3,508 2,530
Other intangible assets, net 1,920 2,462 2,894 2,667 1,637
Deferred income taxes 135 193 291 177 152
Other assets 904 974 857 753 168
Non-current assets 10,618 10,643 11,582 10,855 8,368
Total assets 15,731 15,040 15,920 15,034 12,161

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Colgate-Palmolive Co. current assets increased from 2020 to 2021 and from 2021 to 2022.
Property, plant and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Colgate-Palmolive Co. property, plant and equipment, net increased from 2020 to 2021 and from 2021 to 2022.
Non-current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Colgate-Palmolive Co. non-current assets decreased from 2020 to 2021 and from 2021 to 2022.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Colgate-Palmolive Co. total assets decreased from 2020 to 2021 but then increased from 2021 to 2022 not reaching 2020 level.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Colgate-Palmolive Co. cash and cash equivalents decreased from 2020 to 2021 and from 2021 to 2022.
Receivables, net of allowances Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Colgate-Palmolive Co. receivables, net of allowances increased from 2020 to 2021 and from 2021 to 2022.
Inventories Amount after valuation and LIFO reserves of inventory expected to be sold, or consumed within one year or operating cycle, if longer. Colgate-Palmolive Co. inventories increased from 2020 to 2021 and from 2021 to 2022.