NOTE 10 — EQUITY

	Total Stockholders’ Equity — The Estée Lauder Companies Inc.																Non-
(In millions)	Common Stock		Paid-in Capital		Retained Earnings			AOCI			Treasury Stock			Total			controlling Interests			Total Equity

Balance at June 30, 2013	$	5.6	$	2,289.9	$	5,364.1		$	(157.5	)	$	(4,215.2	)	$	3,286.9		$	15.0		$	3,301.9
Net earnings	—		—		733.2			—			—			733.2			3.8			737.0
Common stock dividends - cash	—		—		(148.2		)	—			—			(148.2		)	(5.0		)	(153.2		)
Other comprehensive income	—		—		—			51.2			—			51.2			0.7			51.9
Acquisition of treasury stock	—		—		—			—			(155.0		)	(155.0		)	—			(155.0		)
Stock-based compensation	—		147.4		—			—			(46.9		)	100.5			—			100.5
Balance at December 31, 2013	$	5.6	$	2,437.3	$	5,949.1		$	(106.3	)	$	(4,417.1	)	$	3,868.6		$	14.5		$	3,883.1

The following is a summary of quarterly cash dividends declared per share on the Company’s Class A and Class B Common Stock during the six months ended December 31, 2013:

Date Declared	Record Date	Payable Date	Amount per Share

August 14, 2013	August 30, 2013	September 16, 2013	$	.18
October 30, 2013	November 29, 2013	December 16, 2013	$	.20

On February 4, 2014, a quarterly dividend was declared in the amount of $.20 per share on the Company’s Class A and Class B Common Stock. The dividend is payable in cash on March 17, 2014 to stockholders of record at the close of business on February 28, 2014.

Common Stock

During the six months ended December 31, 2013, the Company purchased approximately 2.9 million shares of its Class A Common Stock for $204.9 million.

During the six months ended December 31, 2013, approximately 0.3 million shares of the Company’s Class B Common Stock were converted into the Company’s Class A Common Stock.

Subsequent to December 31, 2013 and through January 29, 2014, the Company repurchased approximately 1.2 million additional shares of its Class A Common Stock for $83.6 million pursuant to its share repurchase program.

Accumulated Other Comprehensive Income (Loss)

The following table represents changes in AOCI, net of tax, by component for the six months ended December 31, 2013:

(In millions)	Net Unrealized Investment Gain (Loss)		Net Derivative Instrument Gain (Loss)			Amounts Included in Net Periodic Benefit Cost			Translation Adjustments		Total

Balance at June 30, 2013	$	0.8	$	18.3		$	(213.7	)	$	37.1	$	(157.5	)
OCI before reclassifications	0.3		(6.6		)	(4.8		)(1)	58.0		46.9
Amounts reclassified from AOCI	—		(3.4		)	7.7			—		4.3
Net current-period OCI	0.3		(10.0		)	2.9			58.0		51.2
Balance at December 31, 2013	$	1.1	$	8.3		$	(210.8	)	$	95.1	$	(106.3	)

(1) Includes foreign currency translation losses of $6.2 million.

The following table represents the effects of reclassification adjustments from AOCI into net earnings for the three and six months ended December 31, 2013:

	Amount Reclassified from AOCI
(In millions)	Three Months Ended December 31, 2013			Six Months Ended December 31, 2013			Affected Line Item in Consolidated Statement of Earnings

Gain (Loss) on Cash-Flow Hedges
Foreign currency forward contracts	$	1.1		$	2.5		Cost of sales
Foreign currency forward contracts	0.3			2.7			Selling, general and administrative
	1.4			5.2			Earnings before income taxes
Benefit (provision) for deferred taxes	(0.4		)	(1.8		)	Provision for income taxes
	$	1.0		$	3.4		Net earnings

Gain (Loss) on Fair-Value Hedges
Settled interest rate-related derivatives	$	—		$	0.1		Interest expense, net
Benefit (provision) for deferred taxes	(0.1		)	(0.1		)	Provision for income taxes
	$	(0.1	)	$	—		Net earnings

Amounts Included in Net Periodic Benefit Cost
Amortization of prior service cost	$	(1.1	)	$	(2.2	)(1)
Amortization of actuarial loss	(4.3		)	(8.6		)(1)
	(5.4		)	(10.8		)	Earnings before income taxes
Benefit (provision) for deferred taxes	1.5			3.1			Provision for income taxes
	$	(3.9	)	$	(7.7	)	Net earnings
Total reclassification adjustments, net	$	(3.0	)	$	(4.3	)	Net earnings

(1) See Note 6 — Pension and Post-Retirement Benefit Plans for additional information.