Company: CL
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000021665-25-000008
Chunk: 57

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-02-13
Form: 10-K
Item: Item 16
Chunk 57
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,967 $2,893 Note: Table may not sum due to rounding. (1) Net sales in the U.S. for Oral, Personal and Home Care were $3,511 in 2022.(2) Net sales in the U.S. for Pet Nutrition were $2,432 in 2022(3) Refer to Note 16, Supplemental Income Statement for information related to Other (income) expense, net.202420232022Capital expenditures  Oral, Personal and Home Care  North America$52 $46 $66 Latin America126 146 121 Europe63 44 31 Asia Pacific64 65 60 Africa/Eurasia12 10 30 Total Oral, Personal and Home Care317 311 308 Pet Nutrition143 301 297 Corporate101 93 91 Total Capital expenditures$561 $705 $696 

114

COLGATE-PALMOLIVE COMPANY Notes to Consolidated Financial Statements (continued)(Dollars in Millions Except Share and Per Share Amounts)

202420232022Depreciation and amortization  Oral, Personal and Home Care  North America$124 $116 $128 Latin America100 98 93 Europe65 65 68 Asia Pacific81 84 89 Africa/Eurasia8 9 9 Total Oral, Personal and Home Care378 372 387 Pet Nutrition132 101 65 Corporate95 94 93 Total Depreciation and amortization$605 $567 $545 20242023Long-lived assets(1)United States$2,728 $2,733 International2,223 2,340 Total Long-lived assets$4,951 $5,073 

            (1) Long-lived assets include Property, plant and equipment, net and lease right-of-use assets. 

115

COLGATE-PALMOLIVE COMPANY Notes to Consolidated Financial Statements (continued)(Dollars in Millions Except Share and Per Share Amounts)

14.        Leases 

The Company enters into leases for land, office space, warehouses and equipment. A number of the leases include one or more options to renew the lease terms, purchase the leased property or terminate the lease. The exercise of these options is at the Company’s discretion and is therefore recognized on the balance sheet when it is reasonably certain the Company will