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CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]        
Net sales $ 3,864 $ 3,345 $ 12,279 $ 11,864
Cost of sales 939 836 2,848 2,785
Gross profit 2,925 2,509 9,431 9,079
Operating expenses        
Selling, general and administrative 2,145 2,030 6,761 6,753
Restructuring and other charges 131 24 172 54
Goodwill impairment 0 275 54 786
Impairment of other intangible and long-lived assets 33 71 60 337
Total operating expenses 2,309 2,400 7,047 7,930
Operating income 616 109 2,384 1,149
Interest expense 43 42 131 112
Interest income and investment income, net 9 14 40 41
Other components of net periodic benefit cost 2 1 12 3
Other income 0 0 0 576
Earnings before income taxes 580 80 2,281 1,651
Provision for income taxes 122 84 421 496
Net earnings (loss) 458 (4) 1,860 1,155
Net earnings attributable to noncontrolling interests (2) (2) (8) (9)
Net earnings (loss) attributable to The Estée Lauder Companies Inc. $ 456 $ (6) $ 1,852 $ 1,146
Net earnings (loss) attributable to The Estée Lauder Companies Inc. per common share        
Basic (in dollars per share) $ 1.25 $ (0.02) $ 5.10 $ 3.18
Diluted (in dollars per share) $ 1.24 $ (0.02) $ 5.03 $ 3.12
Weighted-average common shares outstanding        
Basic (in shares) 363.6 360.2 362.9 360.6
Diluted (in shares) 369.0 360.2 368.1 367.1