NET EARNINGS ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE (Tables)

6 Months Ended

Dec. 31, 2021

Earnings Per Share [Abstract]

Schedule of reconciliation between the numerator and denominator of the basic and diluted EPS computations

A reconciliation between the numerator and denominator of the basic and diluted EPS computations is as follows:

	Three Months Ended December 31				Six Months Ended December 31
(In millions, except per share data)	2021		2020		2021		2020
Numerator:
Net earnings attributable to The Estée Lauder Companies Inc.	$	1,088	$	873	$	1,780	$	1,396
Denominator:
Weighted-average common shares outstanding – Basic	360.6		363.0		361.4		363.4
Effect of dilutive stock options	4.1		3.8		4.2		3.8
Effect of PSUs	0.2		0.2		0.2		0.2
Effect of RSUs	1.1		1.0		1.2		1.1
Weighted-average common shares outstanding – Diluted	366.0		368.0		367.0		368.5
Net earnings attributable to The Estée Lauder Companies Inc. per common share:
Basic	$	3.02	$	2.40	$	4.93	$	3.84
Diluted	$	2.97	$	2.37	$	4.85	$	3.79

Schedule of antidilutive securities excluded from computation of earnings per share

The shares of Class A Common Stock underlying stock options, RSUs and PSUs that were excluded in the computation of diluted EPS because their inclusion would be anti-dilutive were as follows:

	Three Months Ended December 31		Six Months Ended December 31
(In millions)	2021	2020	2021	2020
Stock options	1.1	1.5	0.7	1.4
RSUs and PSUs	—	—	0.1	0.1