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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Income Statement [Abstract]      
Net sales $ 14,294 $ 14,863 $ 13,683
Cost of sales 3,552 3,387 2,844
Gross profit 10,742 11,476 10,839
Operating expenses      
Selling, general and administrative 8,637 8,857 8,553
Restructuring and other charges 73 216 231
Goodwill impairment 812 68 0
Impairments of other intangible and long-lived assets 614 22 0
Total operating expenses 10,136 9,163 8,784
Operating income 606 2,313 2,055
Interest expense 161 133 128
Interest income and investment income, net 48 58 56
Other components of net periodic benefit cost 4 2 3
Other income, net 557 71 0
Earnings before income taxes 1,046 2,307 1,980
Provision for income taxes 350 513 863
Net earnings 696 1,794 1,117
Net earnings attributable to noncontrolling interests (12) (9) (9)
Net earnings attributable to The Estée Lauder Companies Inc. $ 684 $ 1,785 $ 1,108
Net earnings attributable to The Estée Lauder Companies Inc. per common share      
Basic (in dollars per share) $ 1.90 $ 4.91 $ 3.01
Diluted (in dollars per share) $ 1.86 $ 4.82 $ 2.95
Weighted-average common shares outstanding      
Basic (in shares) 360.6 363.5 368.0
Diluted (in shares) 366.9 370.4 375.7