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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]        
Net sales $ 4,279 $ 4,620 $ 7,797 $ 8,550
Cost of sales 1,154 1,219 2,224 2,242
Gross profit 3,125 3,401 5,573 6,308
Operating expenses        
Selling, general and administrative 2,544 2,630 4,893 4,874
Restructuring and other charges 7 8 8 10
Impairment of other intangible assets 0 207 0 207
Total operating expenses 2,551 2,845 4,901 5,091
Operating income 574 556 672 1,217
Interest expense 98 52 193 98
Interest income and investment income, net 40 26 81 41
Other components of net periodic benefit cost (3) (2) (5) (5)
Earnings before income taxes 519 532 565 1,165
Provision for income taxes 195 135 205 278
Net earnings 324 397 360 887
Net earnings attributable to redeemable noncontrolling interest (11) (3) (16) (4)
Net earnings attributable to The Estée Lauder Companies Inc. $ 313 $ 394 $ 344 $ 883
Net earnings attributable to The Estée Lauder Companies Inc. per common share        
Basic (in dollars per share) $ 0.87 $ 1.10 $ 0.96 $ 2.47
Diluted (in dollars per share) $ 0.87 $ 1.09 $ 0.95 $ 2.45
Weighted average common shares outstanding        
Basic (in shares) 358.7 357.7 358.6 357.8
Diluted (in shares) 360.0 360.4 360.3 360.9