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CONSOLIDATED STATEMENTS OF EARNINGS (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Income Statement [Abstract]        
Net sales $ 3,345 $ 3,744 $ 11,864 $ 11,273
Cost of sales 836 819 2,785 2,552
Gross profit 2,509 2,925 9,079 8,721
Operating expenses        
Selling, general and administrative 2,030 2,170 6,753 6,435
Restructuring and other charges 24 29 54 99
Goodwill impairment 275 48 786 68
Impairments of other intangible and long-lived assets 71 4 337 22
Total operating expenses 2,400 2,251 7,930 6,624
Operating income 109 674 1,149 2,097
Interest expense 42 32 112 101
Interest income and investment income, net 14 15 41 42
Other components of net periodic benefit cost 1 1 3 1
Other income, net 0 71 576 71
Earnings before income taxes 80 727 1,651 2,108
Provision for income taxes 84 170 496 472
Net earnings (loss) (4) 557 1,155 1,636
Net earnings attributable to noncontrolling interests (2) (2) (9) (8)
Net earnings (loss) attributable to The Estée Lauder Companies Inc. $ (6) $ 555 $ 1,146 $ 1,628
Net earnings (loss) attributable to The Estée Lauder Companies Inc. per common share        
Basic (in dollars per share) $ (0.02) $ 1.53 $ 3.18 $ 4.47
Diluted (in dollars per share) $ (0.02) $ 1.51 $ 3.12 $ 4.39
Weighted-average common shares outstanding        
Basic (in shares) 360.2 361.9 360.6 364.0
Diluted (in shares) 360.2 368.3 367.1 370.9