XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Jun. 30, 2021
Current assets    
Cash and cash equivalents $ 3,995 $ 4,958
Accounts receivable, net 2,265 1,702
Inventory and promotional merchandise 2,633 2,505
Prepaid expenses and other current assets 593 603
Total current assets 9,486 9,768
Property, plant and equipment, net 2,358 2,280
Other assets    
Operating lease right-of-use assets 2,113 2,190
Goodwill 2,575 2,616
Other intangible assets, net 3,923 4,095
Other assets 1,125 1,022
Total other assets 9,736 9,923
Total assets 21,580 21,971
Current liabilities    
Current debt 281 32
Accounts payable 1,485 1,692
Operating lease liabilities 371 379
Other accrued liabilities 3,182 3,195
Total current liabilities 5,319 5,298
Noncurrent liabilities    
Long-term debt 5,267 5,537
Long-term operating lease liabilities 2,073 2,151
Other noncurrent liabilities 1,964 2,037
Total noncurrent liabilities 9,304 9,725
Contingencies
Redeemable Noncontrolling Interest 842 857
Equity    
Common stock, $.01 par value; Class A shares authorized: 1,300,000,000 at September 30, 2021 and June 30, 2021; shares issued: 463,201,084 at September 30, 2021 and 462,633,034 at June 30, 2021; Class B shares authorized: 304,000,000 at September 30, 2021 and June 30, 2021; shares issued and outstanding: 128,242,029 at September 30, 2021 and 128,242,029 at June 30, 2021 6 6
Paid-in capital 5,450 5,335
Retained earnings 12,864 12,244
Accumulated other comprehensive loss (625) (470)
Stockholders' equity before treasury stock 17,695 17,115
Less: Treasury stock, at cost; 230,791,699 Class A shares at September 30, 2021 and 229,115,665 Class A shares at June 30, 2021 (11,614) (11,058)
Total stockholders’ equity – The Estée Lauder Companies Inc. 6,081 6,057
Noncontrolling interests 34 34
Total equity 6,115 6,091
Total liabilities, redeemable noncontrolling interest and equity $ 21,580 $ 21,971