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Selected income statement information for Colgate Palmolive Company, a U.S. consumer products manufacturer, appears below for the years ended December 31, 2007, 2006, and 2005. Colgate reports all amounts in millions of U.S. dollars ($). Compute the missing amounts for the three years.
2007
2006
2005
Sales . . . . . . . . . . . . . . . . . . . . . . . . . .
$13,790
?
11,397
Cost of Goods Sold . . . . . . . . . . . . . . . . .
5,536
5,192
Selling and Administrative Expenses . . . . .
4,973
$4,355
3,921
Other (Income) Expense . . . . . . . . . . . . .
121
186
69
Interest Expense, net . . . . . . . . . . . . . . .
157
159
136
Income Tax Expense . . . . . . . . . . . . . . . .
759
648
728
Net Income . . . . . . . . . . . . . . . . . . . . . .
1,738
1,354
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