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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Sep. 30, 2019
Sep. 30, 2018
CONSOLIDATED STATEMENTS OF EARNINGS    
Net sales $ 3,895 $ 3,524
Cost of sales 908 823
Gross profit 2,987 2,701
Operating expenses    
Selling, general and administrative 2,185 2,008
Restructuring and other charges 23 41
Total operating expenses 2,208 2,049
Operating income 779 652
Interest expense 32 34
Interest income and investment income, net 14 15
Other components of net periodic benefit cost 1  
Earnings before income taxes 760 633
Provision for income taxes 162 131
Net earnings 598 502
Net earnings attributable to noncontrolling interests (3) (2)
Net earnings attributable to The Estee Lauder Companies Inc. $ 595 $ 500
Net earnings attributable to The Estee Lauder Companies Inc. per common share    
Basic (in dollars per share) $ 1.65 $ 1.36
Diluted (in dollars per share) $ 1.61 $ 1.34
Weighted-average common shares outstanding    
Basic (in shares) 361.4 366.8
Diluted (in shares) 368.6 374.4