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

Company: COLGATE PALMOLIVE CO
Filing Date: 2025-02-13
Form: 10-K
Item: Item 16
Chunk 25
---
 Intangible Assets

The changes in net carrying value of Goodwill by segment for the years ended December 31, 2024 and 2023 were as follows:2023  Beginning BalanceForeign currency translationEnding BalanceOral, Personal and Home Care  North America$906 $2 $908 Latin America168 11 179 Europe1,504 67 1,571 Asia Pacific179 — 179 Africa/Eurasia107 (19)88 Total Oral, Personal and Home Care2,864 61 2,925 Pet Nutrition488 (3)485 Total Goodwill$3,352 $58 $3,410 2024  Beginning BalanceReallocation (1)Foreign currency translationEnding BalanceOral, Personal and Home Care  North America$908 $223 $(23)$1,108 Latin America179 — (34)145 Europe1,571 (223)(67)1,281 Asia Pacific179 — (1)178 Africa/Eurasia88 — (10)78 Total Oral, Personal and Home Care2,925 — (135)2,790 Pet Nutrition485 — (3)482 Total Goodwill$3,410 $— $(138)$3,272 (1) As a result of a reporting structure realignment, the Company reallocated the goodwill of a certain reporting unit from the Europe segment to the North America segment. Before and after the reallocation of the goodwill, the Company completed an assessment indicating no goodwill impairment was required as a result of this segment reporting structure realignment. Refer to Note 13, Segment Information for additional information.

85

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

Other intangible assets as of December 31, 2024 and 2023 were comprised of the following:  20242023  Gross Carrying AmountAccumulated AmortizationNetGross Carrying AmountAccumulated AmortizationNetTrademarks - finite life$1,135 $(545)$590 $1,167 $(519)$648 Other finite life intangible assets603 (385)218 624 (363)261 Indefinite life intangible assets948 — 948 978 — 978