Colgate Palmolive : Condensed Consolidated Statements of Cash Flows For the Three Months Ended March 31, 2021 and 2020
April 30, 2021 at 11:06 am EDT
Share
Table 3
Colgate-Palmolive Company
Condensed Consolidated Statements of Cash Flows
For the Three Months Ended March 31, 2021 and 2020
(Dollars in Millions) (Unaudited)
2021
2020
Operating Activities
Net income including noncontrolling interests
$
728
$
748
Adjustments to reconcile Net income including noncontrolling interests to Net cash provided by operations:
Depreciation and amortization
137
133
Restructuring and termination benefits, net of cash
(13)
(30)
Stock-based compensation expense
38
16
Deferred income taxes
6
(99)
Cash effects of changes in:
Receivables
(170)
(211)
Inventories
(40)
29
Accounts payable and other accruals
(75)
220
Other non-current assets and liabilities
(13)
(38)
Net cash provided by (used in) operations
598
768
Investing Activities
Capital expenditures
(107)
(82)
Purchases of marketable securities and investments
(29)
(42)
Proceeds from sale of marketable securities and investments
-
16
Payment for acquisitions, net of cash acquired
-
(351)
Other investing activities
(6)
-
Net cash provided by (used in) investing activities
(142)
(459)
Financing Activities
Short-term borrowing (repayment) less than 90 days, net Proceeds from issuance of debt
Purchases of treasury shares
Proceeds from exercise of stock options Other financing activities
Net cash provided by (used in) financing activities
Effect of exchange rate changes on Cash and cash equivalents Net increase (decrease) in Cash and cash equivalents
Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of the period
17
-
(220)
30297
(29)
(308)
(15)
(30)
107
(29)
888
883
$
995
$
854
Supplemental Cash Flow Information
Free cash flow before dividends (Net cash provided by operations less Capital expenditures)
Net cash provided by operations
$
598
$
768
Less: Capital expenditures
(107)
(82)
Free cash flow before dividends
$
491
$
686
Income taxes paid
$
227
$
128
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Colgate-Palmolive Company published this content on 30 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 April 2021 15:05:05 UTC.
Colgate-Palmolive Company is one of the worldwide leaders in the manufacturing and marketing of cleaning and hygiene products. The group also products and sells pet food (dogs and cats). Net sales break down by family of products as follows:
- hygiene and cleaning products (78%): oral hygiene (toothpaste, toothbrushes, mouthwashes, etc.; Colgate brand), body care (soaps, shower gels, shampoos, conditioners, deodorants, shaving products, etc.; Palmolive, Speed Stick, Softsoap, etc.), household care, and linen care (dishwashing liquids, detergents, stain removers, fabric softeners, bleach, etc.; Palmolive, Ajax, Soupline, Suavitel, etc.). Net sales are distributed geographically as follows: North America (25.9%), Latin America (30.6%), Asia-Pacific (18.3%), Europe (18.1%), Africa and Eurasia (7.1%);
- cat and dog foods (22%; Hill's): world leader.
COLGATE-PALMOLIVE COMPANY 
