Financial Highlights
| (Dollars in Millions Except Per Share Amounts) | 2019 | 2018 | Change |
| Worldwide Net Sales | $15,693 | $15,544 | +1.0% |
| Organic Sales Growth | +0.5% | ||
| Gross Profit Margin | 59.4% | 59.4% | - |
| Operating Profit* | $3,554 | $3,694 | -4% |
| Operating Profit Margin* | 22.6% | 23.8% | -120 basis points |
| Net Income Attributable to Colgate-Palmolive Company** | $2,367 | $2,400 | -1% |
| Diluted Earnings Per Share** | $2.75 | $2.75 | +0% |
| Dividends Paid Per Share | $1.71 | $1.66 | +3% |
| Operating Cash Flow | $3,133 | $3,056 | +3% |
| Year-end Stock Price | $68.84 | $59.52 | +16% |
*2019 excludes charges related to the Global Growth and Efficiency Program, a benefit from a value-added tax matter in Brazil and acquisition-related costs. 2017 and 2018 exclude charges related to the Global Growth and Efficiency Program. 2016 excludes a gain from the sale of land in Mexico, charges related to the Global Growth and Efficiency Program and certain other items. 2015 excludes a gain from the sale of the Company's laundry detergent business in the South Pacific, charges related to the deconsolidation of the Company's Venezuelan operations, the Global Growth and Efficiency Program and certain other items. For a complete reconciliation between reported results (GAAP) and results excluding these items (non-GAAP), including a description of such items, please click here.
**2019 excludes charges related to the Global Growth and Efficiency Program, a benefit from Swiss income tax reform, a benefit from a value-added tax matter in Brazil and acquisition-related costs. 2018 excludes charges related to the Global Growth and Efficiency Program, a benefit from a foreign tax matter and charges related to U.S. tax reform. 2017 excludes charges related to the Global Growth and Efficiency Program and a provisional charge related to U.S. tax reform. 2016 excludes a gain from the sale of land in Mexico, charges related to the Global Growth and Efficiency Program and certain other items. 2015 excludes a gain from the sale of the Company's laundry detergent business in the South Pacific, a charge related to the deconsolidation of the Company's Venezuelan operations, charges related to the Global Growth and Efficiency Program and certain other items. For a complete reconciliation between reported results (GAAP) and results excluding these items (non-GAAP), including a description of such items, please click here.
(1) 2019 excludes charges related to the Global Growth and Efficiency Program and acquisition-related costs. 2015 - 2018 exclude charges related to the Global Growth and Efficiency Program. For a complete reconciliation between reported results (GAAP) and results excluding these items (non-GAAP), including a description of such items, please click here.
(2) 2019 excludes charges related to the Global Growth and Efficiency Program, a benefit from Swiss income tax reform, a benefit from a value-added tax matter in Brazil and acquisition-related costs. 2018 excludes charges related to the Global Growth and Efficiency Program, a benefit from a foreign tax matter and charges related to U.S. tax reform. 2017 excludes charges related to the Global Growth and Efficiency Program and a provisional charge related to U.S. tax reform. 2016 excludes a gain from the sale of land in Mexico, charges related to the Global Growth and Efficiency Program and certain other items. 2015 excludes a gain from the sale of the Company's laundry detergent business in the South Pacific, a charge related to the deconsolidation of the Company's Venezuelan operations, charges related to the Global Growth and Efficiency Program and certain other items. For a complete reconciliation between reported results (GAAP) and results excluding these items (non-GAAP), including a description of such items, please click here.
