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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]        
Net sales $ 4,620 $ 5,539 $ 8,550 $ 9,931
Cost of sales 1,219 1,223 2,242 2,280
Gross profit 3,401 4,316 6,308 7,651
Operating expenses        
Selling, general and administrative 2,630 2,885 4,874 5,279
Restructuring and other charges 8 13 10 19
Impairment of other intangible assets 207 0 207 0
Total operating expenses 2,845 2,898 5,091 5,298
Operating income 556 1,418 1,217 2,353
Interest expense 52 42 98 84
Interest income and investment income, net 26 10 41 14
Other components of net periodic benefit cost (2) (2) (5) (1)
Other income 0 0 0 1
Earnings before income taxes 532 1,388 1,165 2,285
Provision for income taxes 135 298 278 500
Net earnings 397 1,090 887 1,785
Net earnings attributable to noncontrolling interests 0 (4) 0 (5)
Net loss (earnings) attributable to redeemable noncontrolling interest (3) 2 (4) 0
Net earnings attributable to The Estée Lauder Companies Inc. $ 394 $ 1,088 $ 883 $ 1,780
Net earnings attributable to The Estée Lauder Companies Inc. per common share        
Basic (in dollars per share) $ 1.10 $ 3.02 $ 2.47 $ 4.93
Diluted (in dollars per share) $ 1.09 $ 2.97 $ 2.45 $ 4.85
Weighted-average common shares outstanding        
Basic (in shares) 357.7 360.6 357.8 361.4
Diluted (in shares) 360.4 366.0 360.9 367.0