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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]        
Net sales $ 3,940 $ 3,751 $ 11,737 $ 12,301
Cost of sales 1,107 1,159 3,331 3,401
Gross profit 2,833 2,592 8,406 8,900
Operating expenses        
Selling, general and administrative 2,284 2,281 7,177 7,155
Restructuring and other charges 18 14 26 24
Impairment of other intangible assets 0 0 0 207
Total operating expenses 2,302 2,295 7,203 7,386
Operating income 531 297 1,203 1,514
Interest expense 94 58 287 156
Interest income and investment income, net 45 37 126 78
Other components of net periodic benefit cost (4) (4) (9) (9)
Earnings before income taxes 486 280 1,051 1,445
Provision for income taxes 151 125 356 403
Net earnings 335 155 695 1,042
Net loss (earnings) attributable to redeemable noncontrolling interest (5) 1 (21) (3)
Net earnings attributable to The Estée Lauder Companies Inc. $ 330 $ 156 $ 674 $ 1,039
Net earnings attributable to The Estée Lauder Companies Inc. per common share        
Basic (in dollars per share) $ 0.92 $ 0.44 $ 1.88 $ 2.90
Diluted (in dollars per share) $ 0.91 $ 0.43 $ 1.87 $ 2.88
Weighted average common shares outstanding        
Basic (in shares) 359.1 357.9 358.8 357.8
Diluted (in shares) 360.8 361.2 360.4 360.9