SEC Filing | Colgate-Palmolive Company

Date: April 12, 2006

COLGATE-PALMOLIVE COMPANY

/S/ STEPHEN C. PATRICK

Stephen C. Patrick

Chief Financial Officer

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Current Report

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report

(Date of earliest event reported)

April 12, 2006

COLGATE-PALMOLIVE COMPANY

(Exact name of registrant as specified in its charter)

Delaware

(State or other jurisdiction of incorporation)


1-644-2		13-1815595
(Commission File Number)		(IRS Employer Identification No.)

300 Park Avenue, New York, NY		10022
(Address of principal executive offices)		(Zip code)

Registrant’s telephone number, including area code (212) 310-2000

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02.

Results of Operations and Financial Condition.

For informational purposes, the Company is reclassifying its historical geographic segment information to conform with its previously disclosed 2006 organizational realignment, which results in a slight modification to the Oral, Personal and Home Care segment with no impact on historical total Company results.

The Company’s Annual Report on Form 10-K for the year ended December 31, 2005 disclosed that, effective January 1, 2006, in order to address evolving markets and more closely align countries with similar consumer needs and retail trade structures, responsibility for Eastern European operations including Russia, Turkey, Ukraine and Belarus, in total representing 3% of the Colgate’s global business, transferred to Greater Asia management, and responsibility for countries in the South Pacific, including Australia, in total representing 4% of the Colgate’s global business, was transferred to European management.

Commencing with the Company’s financial reporting for the quarter ended March 31, 2006, financial information for the Oral, Personal and Home Care segment will reflect the following four reportable operating segments:

•

North America

•

Latin America

•

Europe/South Pacific

•

Greater Asia/Africa

As the results of these Eastern European and South Pacific operations were formerly reported within Europe and Asia/Africa, respectively, the Company is providing the accompanying reclassified segment information and geographic sales analysis to enable comparisons between 2006 results and prior periods.

The information in this Current Report is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

Item 9.01.

Financial Statements and Exhibits.

The following exhibit is filed with this document:


Exhibit Number		Description

99		Reclassified segment information and geographic sales analysis of Colgate-Palmolive Company

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Reclassified segment information and geographic sales analysis

Exhibit 99

Colgate-Palmolive Company

Dollars in Millions Except Per Share Amounts

Segment Information (Reclassified)

(Unaudited)


Worldwide Net Sales by Business Segment and Geographic Region	2005		*Q1’05*		*Q2’05*		*Q3’05*		*Q4’05*		2004		2003		2002		2001
Oral, Personal and Home Care
North America⁽¹⁾	$2,509.8		$609.7		$632.1		$653.4		$614.6		$2,378.7		$2,356.2		$2,374.1		$2,299.9
Latin America	2,623.8		588.5		651.4		669.0		714.9		2,266.0		2,179.5		2,206.8		2,356.0
Europe/South Pacific	2,845.9		720.2		722.1		728.7		674.9		2,759.4		2,449.1		2,094.4		1,946.6
Greater Asia/Africa	1,897.2		465.2		456.4		486.4		489.2		1,747.0		1,602.5		1,431.9		1,372.7
Total Oral, Personal and Home Care	9,876.7		2,383.6		2,462.0		2,537.5		2,493.6		9,151.1		8,587.3		8,107.2		7,975.2
Pet Nutrition⁽²⁾	1,520.2		359.4		375.5		374.3		411.0		1,433.1		1,316.1		1,187.1		1,109.1
Total Net Sales	$11,396.9		$2,743.0		$2,837.5		$2,911.8		$2,904.6		$10,584.2		$9,903.4		$9,294.3		$9,084.3

(1) Net sales in the United States for Oral, Personal and Home Care were $2,124.2, $2,000.3, $1,986.9, $2,030.4 and $1,976.7, in 2005, 2004, 2003, 2002 and 2001, respectively. (2) Net sales in the United States for Pet Nutrition were $818.1, $781.0, $752.8, $714.5 and $661.5, in 2005, 2004, 2003, 2002 and 2001, respectively.


Worldwide Operating Profit by Business Segment and Geographic Region	2005		*Q1’05*		*Q2’05*		*Q3’05*		*Q4’05*		2004		2003		2002		2001
Oral, Personal and Home Care
North America	$545.7		$136.8		$135.3		$140.6		$133.0		$530.1		$547.4		$578.7		$516.6
Latin America	698.0		163.1		179.3		171.9		183.7		627.7		613.3		647.4		663.2
Europe/South Pacific	619.8		154.4		156.9		159.3		149.2		611.5		551.5		454.9		387.5
Greater Asia/Africa	245.5		62.8		55.9		58.5		68.3		237.6		217.4		186.7		151.0
Total Oral, Personal and Home Care	2,109.0		517.1		527.4		530.3		534.2		2,006.9		1,929.6		1,867.7		1,718.3
Pet Nutrition	412.8		98.2		102.6		98.9		113.1		389.7		371.0		318.3		282.1
Corporate	(306.8	)	(122.7	)	(88.9	)	(24.9	)	(70.3	)	(274.5	)	(134.6	)	(172.9	)	(165.6	)
Total Operating Profit	$2,215.0		$492.6		$541.1		$604.3		$577.0		$2,122.1		$2,166.0		$2,013.1		$1,834.8

Colgate-Palmolive Company

Dollars in Millions Except Per Share Amounts

Segment Information (Reclassified)

(Unaudited)


Identifiable Assets	2005	2004	2003	2002	2001
Oral, Personal and Home Care
North America	$1,918.0	$2,001.4	$2,081.8	$2,064.3	$2,108.6
Latin America	2,084.3	1,825.1	1,757.2	1,661.4	1,934.9
Europe/South Pacific	2,120.3	2,575.6	1,556.4	1,372.9	1,247.6
Greater Asia/Africa	1,336.5	1,298.6	1,109.7	1,004.3	958.7
Total Oral, Personal and Home Care	7,459.1	7,700.7	6,505.1	6,102.9	6,249.8
Pet Nutrition	614.3	614.0	587.2	552.5	497.6
Corporate	433.7	358.2	386.5	431.8	237.4
Total Identifiable Assets⁽³⁾	$8,507.1	$8,672.9	$7,478.8	$7,087.2	$6,984.8
(3) Long-lived assets in the United States, primarily property, plant and equipment and goodwill and other intangibles represented approximately one-third of total long-lived assets of $5,225.7, $5,808.0, $4,826.7, $4,677.2 and $4,667.1, in 2005, 2004, 2003, 2002 and 2001, respectively.

Capital Expenditures	2005	2004	2003	2002	2001
Oral, Personal and Home Care
North America	$39.3	$55.4	$48.3	$65.0	$70.5
Latin America	104.1	75.4	72.9	106.4	115.6
Europe/South Pacific	63.1	71.5	47.9	38.4	34.8
Greater Asia/Africa	117.9	79.6	57.6	53.9	35.0
Total Oral, Personal and Home Care	324.4	281.9	226.7	263.7	255.9
Pet Nutrition	28.5	30.4	38.3	39.4	37.0
Corporate	36.3	35.8	37.1	40.6	47.3
Total Capital Expenditures	$389.2	$348.1	$302.1	$343.7	$340.2


Depreciation and Amortization	2005	2004	2003	2002	2001
Oral, Personal and Home Care
North America	$71.2	$74.9	$83.3	$82.1	$102.8
Latin America	67.1	58.8	55.6	53.8	69.3
Europe/South Pacific	76.6	82.4	70.5	61.7	67.2
Greater Asia/Africa	49.5	48.1	44.9	41.9	45.5
Total Oral, Personal and Home Care	264.4	264.2	254.3	239.5	284.8
Pet Nutrition	30.1	31.1	31.9	28.7	28.1
Corporate	34.8	32.5	29.3	28.3	23.3
Total Depreciation and Amortization	$329.3	$327.8	$315.5	$296.5	$336.2

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Fourth Quarter and Full Year 2005 vs 2004

12/31/2005 (Reclassified)

(Unaudited)


					COMPONENTS OF SALES CHANGE FOURTH QUARTER										COMPONENTS OF SALES CHANGE TWELVE MONTHS

Region	4th Quarter Sales Change Net of Divestments		4th Quarter Sales Change Ex-Divestment		Ex-Divested Volume		Pricing, Coupons, Consumer & Trade Incentives		Exchange		12 Months Sales Change Net of Divestments		12 Months Sales Change Ex-Divestment		Ex-Divested Volume		Pricing, Coupons, Consumer & Trade Incentives		Exchange
Total Company	3.5	%	5.5	%	4.5	%	2.0	%	-1.0	%	7.5	%	8.5	%	6.5	%	0.5	%	1.5	%
Europe/South Pacific	-9.0	%	-8.0	%	0.0	%	-1.5	%	-6.5	%	3.0	%	3.5	%	5.0	%	-2.0	%	0.5	%
Latin America	16.5	%	16.5	%	5.0	%	5.5	%	6.0	%	16.0	%	16.5	%	7.5	%	4.0	%	5.0	%
Greater Asia/Africa	9.5	%	9.5	%	10.0	%	0.5	%	-1.0	%	8.5	%	8.5	%	8.0	%	-0.5	%	1.0	%
Total International	4.0	%	5.0	%	4.5	%	1.5	%	-1.0	%	9.0	%	9.0	%	6.5	%	0.5	%	2.0	%
North America	1.0	%	8.5	%	6.0	%	2.0	%	0.5	%	5.5	%	8.0	%	6.5	%	0.5	%	1.0	%
Total CP Products	3.5	%	5.5	%	4.5	%	1.5	%	-0.5	%	8.0	%	9.0	%	6.5	%	0.5	%	2.0	%
Hill’s	5.0	%	5.0	%	5.0	%	2.5	%	-2.5	%	6.0	%	6.0	%	4.0	%	1.5	%	0.5	%

NOTE:

The June 2004 acquisition of GABA had a 1.0% and 4.0% positive impact on the twelve months sales growth for Total Company and Europe/South Pacific, respectively.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Third Quarter 2005 vs 2004

9/30/2005 (Reclassified)

(Unaudited)


					COMPONENTS OF SALES CHANGE THIRD QUARTER										COMPONENTS OF SALES CHANGE NINE MONTHS

Region	3rd Qtr Sales Change Net of Divestments		3rd Qtr Sales Change Ex-Divestment		Ex-Divested Volume		Pricing, Coupons, Consumer & Trade Incentives		Exchange		9 months Sales Change Net of Divestments		9 months Sales Change Ex-Divestment		Ex-Divested Volume		Pricing, Coupons, Consumer & Trade Incentives		Exchange
Total Company	8.0	%	8.5	%	5.5	%	1.0	%	2.0	%	9.0	%	9.5	%	7.0	%	0.0	%	2.5	%
Europe/South Pacific	1.5	%	1.5	%	3.0	%	-2.5	%	1.0	%	7.5	%	7.5	%	6.5	%	-2.5	%	3.5	%
Latin America	18.0	%	18.0	%	5.5	%	5.0	%	7.5	%	15.5	%	16.5	%	8.5	%	3.5	%	4.5	%
Greater Asia/Africa	11.0	%	11.0	%	9.5	%	0.0	%	1.5	%	8.5	%	8.5	%	8.0	%	-1.5	%	2.0	%
Total International	9.5	%	9.5	%	5.5	%	1.0	%	3.0	%	10.5	%	11.0	%	7.5	%	0.0	%	3.5	%
North America	5.0	%	7.5	%	6.0	%	0.5	%	1.0	%	7.0	%	8.0	%	7.0	%	0.0	%	1.0	%
Total CP Products	8.0	%	9.0	%	6.0	%	0.5	%	2.5	%	9.5	%	10.0	%	7.5	%	0.0	%	2.5	%
Hill’s	7.0	%	7.0	%	4.0	%	1.5	%	1.5	%	6.5	%	6.5	%	3.5	%	1.0	%	2.0	%

NOTE:

The June 2004 acquisition of GABA had a 1.0% and 5.5% positive impact on the nine months sales growth for Total Company and Europe/South Pacific, respectively.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Second Quarter 2005 vs 2004

6/30/2005 (Reclassified)

(Unaudited)


					COMPONENTS OF SALES CHANGE 2ND QUARTER										COMPONENTS OF SALES CHANGE SIX MONTHS

Region	2nd Qtr Sales Change Net of Divestments		2nd Qtr Sales Change Ex-Divestment		Ex-Divested Volume		Pricing, Coupons, Consumer & Trade Incentives		Exchange		6 months Sales Change Net of Divestments		6 months Sales Change Ex-Divestment		Ex-Divested Volume		Pricing, Coupons, Consumer & Trade Incentives		Exchange
Total Company	10.5	%	10.5	%	8.0	%	0.0	%	2.5	%	9.5	%	10.0	%	8.0	%	-0.5	%	2.5	%
Europe/South Pacific	10.5	%	10.5	%	9.5	%	-3.0	%	4.0	%	11.0	%	11.0	%	8.5	%	-2.5	%	5.0	%
Latin America	18.0	%	19.5	%	11.0	%	3.5	%	5.0	%	14.0	%	15.5	%	10.0	%	2.5	%	3.0	%
Greater Asia/Africa	5.5	%	5.5	%	5.0	%	-1.0	%	1.5	%	7.0	%	7.0	%	7.0	%	-2.0	%	2.0	%
Total International	11.5	%	12.0	%	9.0	%	-0.5	%	3.5	%	11.0	%	11.5	%	8.5	%	-0.5	%	3.5	%
North America	9.0	%	9.0	%	8.0	%	0.0	%	1.0	%	8.0	%	8.0	%	8.0	%	-0.5	%	0.5	%
Total CP Products	11.0	%	11.5	%	8.5	%	0.0	%	3.0	%	10.5	%	10.5	%	8.0	%	-0.5	%	3.0	%
Hill’s	6.0	%	6.0	%	3.5	%	0.5	%	2.0	%	6.5	%	6.5	%	3.0	%	1.0	%	2.5	%

NOTE:

GABA was acquired June 1, 2004.

The impact of GABA on Total Company sales and volume was 1.5% in the second quarter and 2.0% in the six month period.

The impact of GABA on Europe/South Pacific sales and volume was 6.0% in the second quarter and 8.0% in the six month period.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - First Quarter 2005 vs 2004

3/31/2005 (Reclassified)

(Unaudited)


					COMPONENTS OF SALES CHANGE 1ST QUARTER
Region	1st Qtr Sales Change Net of Divestments		1st Qtr Sales Change Ex-Divestment		Ex-Divested Volume		Pricing Coupons Consumer & Trade Incentives		Exchange
Total Company	9.0	%	9.5	%	7.5	%	-0.5	%	2.5	%
Europe/South Pacific	11.5	%	11.5	%	7.5	%	-2.0	%	6.0	%
Latin America	10.5	%	11.5	%	8.5	%	1.5	%	1.5	%
Greater Asia/Africa	8.5	%	8.5	%	9.0	%	-3.0	%	2.5	%
Total International	10.5	%	10.5	%	8.0	%	-1.0	%	3.5	%
North America	7.0	%	7.0	%	7.5	%	-1.0	%	0.5	%
Total CP Products	9.5	%	10.0	%	8.0	%	-1.0	%	3.0	%
Hill’s	7.0	%	7.0	%	3.0	%	1.5	%	2.5	%

NOTE:

GABA was acquired June 1, 2004.

The impact of GABA on the three months for sales and ex-divested volume for Total Company and Europe/South Pacific is respectively, 2.5% and 10.5%.

Divestments consist of the sale of certain detergent brands, which impact Europe/South Pacific and Latin America.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Full Year 2004 vs 2003

12/31/2004 (Reclassified)

(Unaudited)


					COMPONENTS OF SALES CHANGE 12 MONTHS
Region	12 Months Sales Change Net of Divestments		12 Months Sales Change Ex-Divestment		Ex-Divested Volume		Pricing Coupons Consumer & Trade Incentives		Exchange
Total Company	7.0	%	8.0	%	6.5	%	-1.5	%	3.0	%
Europe/South Pacific	12.5	%	17.0	%	10.5	%	-3.5	%	10.0	%
Latin America	4.0	%	4.5	%	6.5	%	1.5	%	-3.5	%
Greater Asia/Africa	9.0	%	10.5	%	11.5	%	-4.5	%	3.5	%
Total International	8.5	%	11.0	%	9.5	%	-2.0	%	3.5	%
North America	1.0	%	1.0	%	2.5	%	-2.5	%	1.0	%
Total CP Products	6.5	%	8.0	%	7.0	%	-2.0	%	3.0	%
Hill’s	9.0	%	9.0	%	3.5	%	1.5	%	4.0	%

NOTE:

GABA was acquired June 1, 2004.

The impact of GABA on the twelve months for both sales and ex-divested volume for Total Company and Europe/South Pacific are respectively, 1.0% and 5.0%.

Divestments consist of the sale in 2003 of certain detergent and soap brands, which impact Europe/South Pacific and Greater Asia/Africa, and the sale in 2004 of certain detergent brands in Latin America.

Colgate-Palmolive Company - Geographic Sales Analysis

Percentage Changes - Full Year 2003 vs 2002

12/31/2003 (Reclassified)

(Unaudited)


					COMPONENTS OF SALES CHANGE 12 MONTHS
Region	12 Months Sales Change Net of Divestments		12 Months Sales Change Ex-Divestment		Ex-Divested Volume		Pricing Coupons Consumer & Trade Incentives		Exchange
Total Company	6.5	%	6.5	%	3.5	%	0.5	%	2.5	%
Europe/South Pacific	17.0	%	17.0	%	1.5	%	-2.0	%	17.5	%
Latin America	-1.0	%	-1.0	%	4.0	%	7.5	%	-12.5	%
Greater Asia/Africa	12.0	%	12.0	%	9.5	%	-3.0	%	5.5	%
Total International	8.5	%	8.5	%	4.5	%	1.5	%	2.5	%
North America	-1.0	%	-1.0	%	0.5	%	-2.5	%	1.0	%
Total CP Products	6.0	%	6.0	%	3.5	%	0.5	%	2.0	%
Hill’s	11.0	%	11.0	%	4.5	%	1.5	%	5.0	%