XML 42 R31.htm IDEA: XBRL DOCUMENT v3.23.4
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Earnings Per Share Reconciliation [Abstract]        
Net Earnings $ 3,493 $ 3,959 $ 8,049 $ 7,922
Net Income (Loss) Attributable to Noncontrolling Interest 25 26 60 50
Net Earnings/(Loss) Attributable to P&G (Diluted) 3,468 3,933 7,988 7,872
Dividends, Preferred Stock 70 70 140 141
Net Earnings/(Loss) Attributable to P&G Available to Common Shareholders (Basic) $ 3,398 $ 3,863 $ 7,849 $ 7,731
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Basic Weighted Average Common Shares Outstanding 2,358.0 2,365.9 2,359.0 2,375.7
Effect of Dilutive Securities        
Conversion of Preferred Shares [1] 73.9 76.7 74.3 77.0
Exercise of Stock Options and Other Unvested Equity Awards [2] 36.4 38.6 38.5 39.7
Diluted Weighted Average Common Shares Outstanding 2,468.4 2,481.2 2,471.8 2,492.4
Basic Net Earnings/(Loss) Per Common Share [3] $ 1.44 [4] $ 1.63 [4] $ 3.33 $ 3.25
Diluted Net Earnings/(Loss) Per Common Share [3] $ 1.40 [4] $ 1.59 [4] $ 3.23 $ 3.16
[1] An overview of preferred shares can be found in our Annual Report on Form 10-K for the fiscal year ended June 30, 2023.
[2] Excludes approximately 9 million and 22 million for the three months ended December 31, 2023 and 2022, respectively, and 5 million and 19 million for the six months ended December 31, 2023 and 2022, respectively, of weighted average stock options outstanding because the exercise price of these options was greater than their average market value or their effect was antidilutive.
[3] Basic net earnings per common share and Diluted net earnings per common share are calculated on Net earnings attributable to Procter & Gamble.
[4] Basic net earnings per common share and Diluted net earnings per common share are calculated on Net earnings attributable to Procter & Gamble.