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CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
NET SALES $ 20,161us-gaap_SalesRevenueNet $ 21,099us-gaap_SalesRevenueNet $ 40,347us-gaap_SalesRevenueNet $ 41,273us-gaap_SalesRevenueNet
Cost of products sold 10,083us-gaap_CostOfGoodsSold 10,474us-gaap_CostOfGoodsSold 20,292us-gaap_CostOfGoodsSold 20,682us-gaap_CostOfGoodsSold
Selling, general and administrative expense 6,131us-gaap_SellingGeneralAndAdministrativeExpense 6,323us-gaap_SellingGeneralAndAdministrativeExpense 12,330us-gaap_SellingGeneralAndAdministrativeExpense 12,319us-gaap_SellingGeneralAndAdministrativeExpense
OPERATING INCOME 3,947us-gaap_OperatingIncomeLoss 4,302us-gaap_OperatingIncomeLoss 7,725us-gaap_OperatingIncomeLoss 8,272us-gaap_OperatingIncomeLoss
Interest expense 160us-gaap_InterestExpense 185us-gaap_InterestExpense 330us-gaap_InterestExpense 351us-gaap_InterestExpense
Interest income 34us-gaap_InvestmentIncomeInterest 22us-gaap_InvestmentIncomeInterest 65us-gaap_InvestmentIncomeInterest 44us-gaap_InvestmentIncomeInterest
Other non-operating income, net 19us-gaap_OtherNonoperatingIncomeExpense 43us-gaap_OtherNonoperatingIncomeExpense 40us-gaap_OtherNonoperatingIncomeExpense 48us-gaap_OtherNonoperatingIncomeExpense
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 3,840pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes 4,182pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes 7,500pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes 8,013pg_IncomeLossFromContinuingOperationsBeforeIncomeTaxes
Income taxes on continuing operations 865us-gaap_IncomeTaxExpenseBenefit 885us-gaap_IncomeTaxExpenseBenefit 1,685us-gaap_IncomeTaxExpenseBenefit 1,782us-gaap_IncomeTaxExpenseBenefit
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 2,975us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 3,297us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 5,815us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 6,231us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (577)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 175us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (1,397)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 298us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
NET EARNINGS 2,398us-gaap_ProfitLoss 3,472us-gaap_ProfitLoss 4,418us-gaap_ProfitLoss 6,529us-gaap_ProfitLoss
Less: Net earnings attributable to noncontrolling interests 26us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 44us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 56us-gaap_NetIncomeLossAttributableToNoncontrollingInterest 74us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
NET EARNINGS ATTRIBUTABLE TO PROCTER & GAMBLE $ 2,372us-gaap_NetIncomeLoss $ 3,428us-gaap_NetIncomeLoss $ 4,362us-gaap_NetIncomeLoss $ 6,455us-gaap_NetIncomeLoss
Basic Net Earnings per Common Share        
Income (Loss) from Continuing Operations, Per Basic Share $ 1.06us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1] $ 1.18us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1] $ 2.08us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1] $ 2.21us-gaap_IncomeLossFromContinuingOperationsPerBasicShare [1]
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share $ (0.21)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare [1] $ 0.06us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare [1] $ (0.52)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare [1] $ 0.11us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicShare [1]
Earnings Per Share, Basic $ 0.85us-gaap_EarningsPerShareBasic [1] $ 1.24us-gaap_EarningsPerShareBasic [1] $ 1.56us-gaap_EarningsPerShareBasic [1] $ 2.32us-gaap_EarningsPerShareBasic [1]
Diluted Net Earnings per Common Share        
Income (Loss) from Continuing Operations, Per Diluted Share $ 1.02us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1] $ 1.12us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1] $ 2.00us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1] $ 2.11us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare [1]
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share $ (0.20)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare [1] $ 0.06us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare [1] $ (0.49)us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare [1] $ 0.10us-gaap_DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare [1]
Earnings Per Share, Diluted $ 0.82us-gaap_EarningsPerShareDiluted [1] $ 1.18us-gaap_EarningsPerShareDiluted [1] $ 1.51us-gaap_EarningsPerShareDiluted [1] $ 2.21us-gaap_EarningsPerShareDiluted [1]
Dividends per common share (in dollars per share) $ 0.644us-gaap_CommonStockDividendsPerShareCashPaid $ 0.602us-gaap_CommonStockDividendsPerShareCashPaid $ 1.287us-gaap_CommonStockDividendsPerShareCashPaid $ 1.203us-gaap_CommonStockDividendsPerShareCashPaid
Diluted Weighted Average Common Shares Outstanding (in shares) 2,885.2us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 2,908.5us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 2,886.8us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 2,916.4us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Basic net earnings per share and diluted net earnings per share are calculated on net earnings attributable to Procter & Gamble.