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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]      
Net sales $ 16,215 $ 14,294 $ 14,863
Cost of sales 3,834 3,552 3,387
Gross profit 12,381 10,742 11,476
Operating expenses      
Selling, general and administrative 9,371 8,637 8,857
Restructuring and other charges 204 73 216
Goodwill impairment 54 812 68
Impairments of other intangible and long-lived assets 134 614 22
Total operating expenses 9,763 10,136 9,163
Operating income 2,618 606 2,313
Interest expense 173 161 133
Interest income and investment income, net 51 48 58
Other components of net periodic benefit cost 12 4 2
Other income, net 847 557 71
Earnings before income taxes 3,331 1,046 2,307
Provision for income taxes 456 350 513
Net earnings 2,875 696 1,794
Net earnings attributable to noncontrolling interests (12) (12) (9)
Net loss attributable to redeemable noncontrolling interest 7 0 0
Net earnings attributable to The Estée Lauder Companies Inc. $ 2,870 $ 684 $ 1,785
Net earnings attributable to The Estée Lauder Companies Inc. per common share      
Basic (in dollars per share) $ 7.91 $ 1.90 $ 4.91
Diluted (in dollars per share) $ 7.79 $ 1.86 $ 4.82
Weighted-average common shares outstanding      
Basic (in shares) 362.9 360.6 363.5
Diluted (in shares) 368.2 366.9 370.4