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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Earnings Per Share Reconciliation [Abstract]        
Net Earnings $ 3,781 $ 3,424 $ 11,830 $ 11,346
Net Income (Loss) Attributable to Noncontrolling Interest 27 27 88 77
Net Earnings/(Loss) Attributable to P&G (Diluted) 3,754 3,397 11,742 11,269
Dividends, Preferred Stock 69 69 209 210
Net Earnings/(Loss) Attributable to P&G Available to Common Shareholders (Basic) $ 3,685 $ 3,328 $ 11,533 $ 11,059
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Basic Weighted Average Common Shares Outstanding 2,360.5 2,359.1 2,359.5 2,370.2
Effect of Dilutive Securities        
Conversion of Preferred Shares [1] 73.3 76.0 73.9 76.7
Exercise of Stock Options and Other Unvested Equity Awards [2] 38.1 38.1 38.4 39.1
Diluted Weighted Average Common Shares Outstanding 2,472.0 2,473.2 2,471.8 2,486.0
Basic Net Earnings/(Loss) Per Common Share [3] $ 1.56 $ 1.41 $ 4.89 $ 4.67
Diluted Net Earnings/(Loss) Per Common Share [3] $ 1.52 $ 1.37 $ 4.75 $ 4.53
[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 6 million and 21 million for the three months ended March 31, 2024 and 2023, respectively, and 6 million and 20 million for the nine months ended March 31, 2024 and 2023, 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.