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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Net Sales $ 16,856 $ 16,915 $ 33,374 $ 33,442
Cost of Products Sold 8,298 8,460 16,400 16,612
Selling, General and Administrative Expense 4,683 4,602 9,328 9,209
Operating Income 3,875 3,853 7,646 7,621
Interest Expense 122 143 253 283
Interest Income 42 58 77 102
Other Non-operating Income/(Loss), Net (539) 35 (476) 17
Earnings/(Loss) from Continuing Operations Before Income Taxes 3,256 3,803 6,994 7,457
Income Taxes on Continuing Operations 695 898 1,558 1,775
Net Earnings/(Loss) from Continuing Operations 2,561 2,905 5,436 5,682
Net Earnings/(Loss) from Discontinued Operations 5,335 323 5,217 181
Net Earnings 7,896 3,228 10,653 5,863
Less: Net Earnings Attributable to Noncontrolling Interest 21 22 64 56
Net Earnings Attributable to Procter & Gamble $ 7,875 $ 3,206 $ 10,589 $ 5,807
Basic Net Earnings Per Common Share        
Earnings from Continuing Operations [1] $ 0.96 $ 1.04 $ 1.99 $ 2.02
Earnings/(Loss) from Discontinued Operations [1] 2.05 0.12 1.98 0.07
Basic Net Earnings Per Common Share [1],[2] 3.01 1.16 3.97 2.09
Diluted Net Earnings Per Common Share        
Earnings from Continuing Operations [1] 0.93 1.01 1.93 1.97
Earnings/(Loss) from Discontinued Operations [1] 1.95 0.11 1.88 0.06
Diluted Net Earnings Per Common Share [1],[2] 2.88 1.12 3.81 2.03
Dividends Per Common Share $ 0.6695 $ 0.6629 $ 1.3390 $ 1.3258
Diluted Weighted Average Common Shares Outstanding 2,737.6 2,864.6 2,780.2 2,865.8
[1] Basic net earnings per share and Diluted net earnings per share are calculated on Net earnings attributable to Procter & Gamble.
[2] Basic net earnings per common share and Diluted net earnings per common share are calculated on Net earnings attributable to Procter & Gamble.