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

9 Months Ended

Mar. 31, 2024

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 March 31				Nine Months Ended March 31
(In millions, except per share data)	2024		2023		2024		2023
Numerator:
Net earnings attributable to The Estée Lauder Companies Inc.	$	330	$	156	$	674	$	1,039
Denominator:
Weighted average common shares outstanding – Basic	359.1		357.9		358.8		357.8
Effect of dilutive stock options	0.8		2.5		0.9		2.4
Effect of PSUs	0.2		0.1		0.1		0.1
Effect of RSUs	0.7		0.7		0.6		0.6
Weighted average common shares outstanding – Diluted	360.8		361.2		360.4		360.9
Net earnings attributable to The Estée Lauder Companies Inc. per common share:
Basic	$	.92	$	.44	$	1.88	$	2.90
Diluted	$	.91	$	.43	$	1.87	$	2.88

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 March 31		Nine Months Ended March 31
(In millions)	2024	2023	2024	2023
Stock options	5.8	2.2	5.7	2.1
RSUs and PSUs	0.1	—	0.5	—