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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Jun. 30, 2020
Current assets    
Cash and cash equivalents $ 4,958 $ 5,022
Accounts receivable, net 1,702 1,194
Inventory and promotional merchandise 2,505 2,062
Prepaid expenses and other current assets 603 614
Total current assets 9,768 8,892
Property, plant and equipment, net 2,280 2,055
Other assets    
Operating lease right-of-use assets 2,190 2,282
Goodwill 2,616 1,401
Other intangible assets, net 4,095 2,338
Other assets 1,022 813
Total other assets 9,923 6,834
Total assets 21,971 17,781
Current liabilities    
Current debt 32 1,222
Accounts payable 1,692 1,177
Operating lease liabilities 379 375
Other accrued liabilities 3,195 2,405
Total current liabilities 5,298 5,179
Noncurrent liabilities    
Long-term debt 5,537 4,914
Long-term operating lease liabilities 2,151 2,278
Other noncurrent liabilities 2,037 1,448
Total noncurrent liabilities 9,725 8,640
Commitments and contingencies  
Redeemable Noncontrolling Interest 857 0
Equity    
Common stock, $.01 par value; Class A shares authorized: 1,300,000,000 at June 30, 2021 and June 30, 2020; shares issued: 462,633,034 at June 30, 2021 and 451,927,441 at June 30, 2020; Class B shares authorized: 304,000,000 at June 30, 2021 and June 30, 2020; shares issued and outstanding: 128,242,029 at June 30, 2021 and 135,235,429 at June 30, 2020 6 6
Paid-in capital 5,335 4,790
Retained earnings 12,244 10,134
Accumulated other comprehensive loss (470) (665)
Stockholders' equity before treasury stock 17,115 14,265
Less: Treasury stock, at cost; 229,115,665 Class A shares at June 30, 2021 and 226,637,238 Class A shares at June 30, 2020 (11,058) (10,330)
Total stockholders’ equity – The Estée Lauder Companies Inc. 6,057 3,935
Noncontrolling interests 34 27
Total equity 6,091 3,962
Total liabilities, redeemable noncontrolling interest and equity $ 21,971 $ 17,781