Company: CHD
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000950170-25-019801
Chunk: 265

Company: CHURCH & DWIGHT CO INC /DE/
Filing Date: 2025-02-13
Form: 10-K
Item: Item 8
Chunk 265
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 reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements. 

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements.   Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. 

/s/ DELOITTE & TOUCHE LLP 

Morristown, NJ

February 13, 2025

54

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIES 

CONSOLIDATED STATEMENTS OF INCOME 

 (In millions, except per share data) 

    Year Ended December 31,

    2024

    2023

    2022

    Net Sales
     
    $
    6,107.1

    $
    5,867.9

    $
    5,375.6

    Cost of sales

    3,317.0

    3,279.4

    3,125.6

    Gross Profit

    2,790.1

    2,588.5

    2,250.0

    Marketing expenses

    698.1

    641.3

    535.2

    Selling, general and administrative expenses

    927.8

    889.8

    706.0

    VMS Trade name and other asset impairments

    357.1

    0.0

    0.0

    Flawless Trade name and other asset impairments
     
    0.0

    0.0

    411.0

    Income from Operations

    807.1

    1,057.4

    597.8

    Equity in earnings of affiliates

    9.1

    8.7

    12.3

    Interest income