Company: CHD
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000950170-25-019801
Chunk: 56

Company: CHURCH & DWIGHT CO INC /DE/
Filing Date: 2025-02-13
Form: 10-K
Item: Item 1
Chunk 56
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 the disruption or termination of the supply agreements.

The cost of raw materials, including surfactants, diesel fuel and oil-based raw and packaging materials used primarily in our consumer businesses, increased modestly in 2024 relative to 2023.  Increases in the prices of certain raw materials could materially impact our costs and financial results if we are unable to pass such costs along in the form of price increases to our customers.

We utilize the services of third party contract manufacturers around the world for certain products.  

PATENTS AND TRADEMARKS

Our trademarks appear in upper case letters throughout this Annual Report.  The majority of our trademarks are registered with either the U.S. Patent and Trademark Office or with the trademark offices of many foreign countries.  The ARM & HAMMER trademark has been used by us since 1867 and is important to the successful operation of our business.  Our products are sold under many other valuable trademarks held by us, including TROJAN, NAIR, ORAJEL, WATERPIK, FIRST RESPONSE, XTRA, OXICLEAN, SPINBRUSH, BATISTE, SIMPLY SALINE, VITAFUSION, L’IL CRITTERS, ZICAM, THERABREATH and HERO.  Our portfolio of trademarks represents substantial value in the businesses using the trademarks.

U.S. patents are currently granted for a term of 20 years from the date the patent application is filed.  Although we actively seek and maintain a number of patents, no single patent is considered significant to the business as a whole. 

CUSTOMERS AND ORDER BACKLOG 

In the years ended December 31, 2024, 2023 and 2022, net sales to our largest customer, Walmart Inc. and its affiliates (“Walmart”), were 23%, 23% and 24% respectively, of our consolidated net sales.  No other customer accounted for 10% or more of our consolidated net sales in the three-year period.  The time between receipt of orders and shipment is generally short, and as a result, backlog is not significant. 

GOVERNMENT REGULATION

General

All of our products are subject to regulation by one or more U.S. agencies, including the U.S. Food and Drug Administration (“FDA”), the Environmental Protection Agency (“EPA”), the Federal Trade Commission (“FTC”), the Consumer Product Safety Commission (“CPSC”), the Federal Communications Commission (“FCC”), as well as foreign agencies such as the European Commission