Colgate-Palmolive Company

NYSE-CL

Operating Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Net Income	3,045	3,049	2,455	1,967	2,338	2,860	2,527	2,558	2,174	2,586	1,548
Net Income Including Noncontrolling Interests
Net Income
Depreciation & Amortization	605	605	567	545	556	539	519	511	475	443	449
Depreciation and Amortization
Stock Based Compensation	154	135	122	125	—	107	100	109	127	123	125
Stock-Based Compensation Expense
Other Adjustments	11	-26	146	645	628	-168	35	100	474	-50	949
ERISA Litigation Matter
Restructuring and Termination Benefits, Net of Cash
Venezuela Hyperinflationary Transition Charge
Gain Before Tax on Sales of Non-Core Product Lines
Venezuela Remeasurement Charges
Charge for a Foreign Tax Matter
Gain on the Sale of Land
Gain on Sale of South Pacific Laundry Detergent Business
Charge for Venezuela Accounting Change
Goodwill and Intangible Assets Impairment Charges
Loss on Early Extinguishment of Debt
Charge for U.S. Tax Reform
Deferred Income Taxes
Changes in Trade Receivables	-52	-56	-37	-227	-84	138	19	-79	-15	-17	-75
Change in Receivables
Changes in Inventories	3	-100	194	-333	-72	-251	-77	-58	-8	-4	-13
Change in Inventories
Changes in Accounts Payable	219	516	309	-115	14	520	36	18	-96	100	-67
Change in Accounts Payable and Other Accruals
Changes in Other Operating Activities	-36	-16	-11	-51	-55	-26	-26	-103	-77	-40	33
Voluntary Benefit Plan Contributions
Change in Other Non-Current Assets and Liabilities
Cash from Operating Activities	4,014	4,107	3,745	2,556	3,325	3,719	3,133	3,056	3,054	3,141	2,949
Net Cash Provided by Operations

Investing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Capital Expenditure	-571	-561	-705	-696	-567	-410	-335	-436	-553	-593	-691
Capital Expenditures
Proceeds from Sale of Property, Plant & Equipment	—	—	—	47	—	—	—	—	44	60	9
Sale of Property and Non-Core Product Lines
Proceeds from the Sale of Land
Purchases of Investments	-753	-574	-506	-470	-141	-143	-184	-169	-347	-336	-742
Purchases of Marketable Securities and Investments
Proceeds from Sale of Investments	812	564	502	322	141	124	131	156	391	378	599
Proceeds from Sale of Marketable Securities and Investments
Payments for Business Acquisitions	—	—	—	-809	—	-353	-1,711	-728	—	-5	-13
Payment for Acquisition, Net of Cash Acquired
Proceeds from Business Divestments	—	—	—	—	—	—	—	—	—	—	221
Proceeds from Sale of South Pacific Laundry Detergent Business
Other Investing Activities	11	37	-33	5	-25	3	—	7	-6	-3	-68
Reduction in Cash Due to Venezuela Accounting Change
Other Investing Activities
Cash from Investing Activities	-794	-534	-742	-1,601	-592	-779	-2,099	-1,170	-471	-499	-685
Net Cash Provided by Investing Activities

Financing Activities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Issuance of Long-Term Debt	—	2	1,495	1,513	699	—	2,578	—	4,779	7,438	9,602
Proceeds from Issuance of Debt
Repayments of Long-Term Debt	-656	-503	-903	-406	-703	-1,085	-1,441	-725	-4,808	-7,274	-9,181
Principal Payments of Debt
Net Issuance / (Repayments) of Long-Term Debt	-656	-501	592	1,107	-4	-1,085	1,137	-725	-29	164	421
Issuance of Common Shares	110	638	380	418	424	874	498	329	507	446	347
Proceeds from Exercise of Stock Options
Repurchases of Common Shares	-1,259	-1,739	-1,128	-1,308	-1,320	-1,476	-1,202	-1,238	-1,399	-1,335	-1,551
Purchases of Treasury Shares
Net Issuance / (Repurchases) of Common Shares	-1,149	-1,101	-748	-890	-896	-602	-704	-909	-892	-889	-1,204
Common Share Dividends Paid	-1,814	-1,789	-1,749	-1,691	-1,679	-1,654	-1,614	-1,591	-1,529	-1,508	-1,493
Dividends Paid
Other Financing Activities	-52	2	-888	522	-195	422	311	546	—	—	—
Short-Term Borrowing Less Than 90 Days, Net
Payments to Outside Investors
Purchases of Non-Controlling Interests in Subsidiaries
Other Financing Activities
Cash from Financing Activities	-3,174	-3,389	-2,793	-952	-2,774	-2,919	-870	-2,679	-2,450	-2,233	-2,276
Net Cash Provided by Financing Activities

Free Cash Flow	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Free Cash Flow	3,443	3,546	3,040	1,860	2,758	3,309	2,798	2,620	2,501	2,548	2,258
NOPAT	3,299.5	3,289.5	2,883.5	2,139.3	2,523.6	3,046.6	2,720.7	2,727.8	2,311.2	2,736.1	1,562.6
Levered Free Cash Flow	2,470	2,832	3,246	2,242	2,038	1,982	3,621	1,607	1,736	2,511	1,516
Unlevered Free Cash Flow	3,519.5	3,733.5	3,237.5	1,489.3	2,399.6	3,418.6	2,837.7	2,659.8	2,052.2	2,642.1	1,273.6
Net Change in Cash	46	184	210	3	-41	21	164	-793	133	409	-12