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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]        
Net sales $ 5,539 $ 4,853 $ 9,931 $ 8,415
Cost of sales 1,223 1,084 2,280 1,909
Gross profit 4,316 3,769 7,651 6,506
Operating expenses        
Selling, general and administrative 2,885 2,590 5,279 4,616
Restructuring and other charges 13 35 19 41
Goodwill impairment 0 54 0 54
Impairment of other intangible assets 0 27 0 27
Total operating expenses 2,898 2,706 5,298 4,738
Operating income 1,418 1,063 2,353 1,768
Interest expense 42 43 84 88
Interest income and investment income, net 10 17 14 31
Other components of net periodic benefit cost (2) 7 (1) 10
Other income 0 0 1 0
Earnings before income taxes 1,388 1,030 2,285 1,701
Provision for income taxes 298 153 500 299
Net earnings 1,090 877 1,785 1,402
Net earnings attributable to noncontrolling interests (4) (4) (5) (6)
Net loss attributable to redeemable noncontrolling interest 2 0 0 0
Net earnings attributable to The Estée Lauder Companies Inc. $ 1,088 $ 873 $ 1,780 $ 1,396
Net earnings attributable to The Estée Lauder Companies Inc. per common share        
Basic (in dollars per share) $ 3.02 $ 2.40 $ 4.93 $ 3.84
Diluted (in dollars per share) $ 2.97 $ 2.37 $ 4.85 $ 3.79
Weighted-average common shares outstanding        
Basic (in shares) 360.6 363.0 361.4 363.4
Diluted (in shares) 366.0 368.0 367.0 368.5