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CONSOLIDATED STATEMENT OF EARNINGS - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 12 Months Ended
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Income Statement [Abstract]                      
Net sales $ 1,627 $ 1,551 $ 1,473 $ 1,563         $ 6,214    
Net sales         $ 1,691 $ 1,517 $ 1,416 $ 1,500   $ 6,124 $ 5,973
Cost of products sold 893 878 830 885 947 868 807 827 3,486 3,449 3,302
Gross profit                 2,728 2,675 2,671
Selling and administrative expenses                 856 837 810
Advertising costs                 612 570 599
Research and development costs                 136 132 135
Interest expense                 97 85 88
Other (income) expense, net                 3 (3) 6
Earnings from continuing operations before income taxes                 1,024 1,054 1,033
Income taxes on continuing operations                 204 231 330
Earnings from continuing operations 241 187 182 210 217 181 233 192 820 823 703
Losses from discontinued operations, net of tax 0 0 0 0 0 0 0 0 0 0 (2)
Net earnings $ 241 $ 187 $ 182 $ 210 $ 217 $ 181 $ 233 $ 192 $ 820 $ 823 $ 701
Basic                      
Basic continuing operations (in dollars per share) $ 1.91 $ 1.46 $ 1.42 $ 1.65 $ 1.69 $ 1.39 $ 1.81 $ 1.49 $ 6.42 $ 6.37 $ 5.45
Basic discontinued operations (in dollars per share) 0 0 0 0 0 0 0 0 0 0 (0.02)
Basic net earnings per share (in dollars per share) 1.91 1.46 1.42 1.65 1.69 1.39 1.81 1.49 6.42 6.37 5.43
Diluted                      
Diluted continuing operations (in dollars per share) 1.88 1.44 1.40 1.62 1.66 1.37 1.77 1.46 6.32 6.26 5.35
Diluted discontinued operations (in dollars per share) 0 0 0 0 0 0 0 0 0 0 (0.02)
Diluted net earnings per share (in dollars per share) $ 1.88 $ 1.44 $ 1.40 $ 1.62 $ 1.66 $ 1.37 $ 1.77 $ 1.46 $ 6.32 $ 6.26 $ 5.33
Weighted average shares outstanding (in thousands)                      
Weighted average shares outstanding - basic (in shares)                 127,734 129,293 128,953
Weighted average shares outstanding - diluted (in shares)                 129,792 131,581 131,566