She: I really can’t stay
He: But, baby it’s cold outside
I’ve got to go ’way
But, baby it’s cold outside
This evening has been
Been hoping that you’d drop in
So very nice
I’ll hold your hands; they’re just like ice
My mother will start to worry
Beautiful, what’s your hurry
And father will be pacing the floor
Listen to the fireplace roar
So really I’d better scurry
Beautiful, please don’t hurry
Well maybe just a half a drink more
Put some records on while I pour
My neighbors might think
But, baby, it’s bad out there
Say, what’s in this drink
No cabs to be had out there
I wish I knew how
Your eyes are like starlight now
To break the spell
I’ll take your hat; your hair looks swell
I ought to say no, no, no, sir
Mind if I move in closer
At least I’m gonna say that I tried
What’s the sense of hurting my pride?
I really can’t stay
Oh, baby don’t hold out
Both:Ahh, but (Baby,) it’s cold outside

She: I simply must go
He: But, baby, it’s cold outside
The answer is no
But, baby, it’s cold outside
The welcome has been
How lucky that you dropped in
So nice and warm
Look out the window at the storm
My sister will be suspicious
Gosh, your lips look delicious
My brother will be there at the door
Waves upon a tropical shore
My maiden aunt’s mind is vicious
Gosh, your lips are delicious
Well maybe just a cigarette more
Never such a blizzard before (continued)
I’ve got to get home
But, baby, you’d freeze out there
Say, lend me your comb
It’s up to your knees out there
You’ve really been grand
I’m thrilled when you touch my hand
But don’t you see
How can you do this thing to me?
There’s bound to be talk tomorrow
Think of my life-long sorrow
At least there will be plenty implied
If you caught pneumonia and died
I really can’t stay
Get over that old doubt
Both: Ahh, but (Baby,) it’s cold outside

He: Where could you be going when the wind is blowing and it’s cold outside.
Both: Baby, it’s cold, cold outside.