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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]      
Net sales $ 15,608 $ 15,910 $ 17,737
Cost of sales 4,424 4,564 4,305
Gross profit 11,184 11,346 13,432
Operating expenses      
Selling, general and administrative 9,621 9,575 9,888
Restructuring and other charges 122 55 133
Goodwill impairment 291 0 0
Impairment of other intangible assets 180 207 241
Total operating expenses 10,214 9,837 10,262
Operating income 970 1,509 3,170
Interest expense 378 255 167
Interest income and investment income, net 167 131 30
Other components of net periodic benefit cost (13) (12) (2)
Other income, net 0 0 1
Earnings before income taxes 772 1,397 3,036
Provision for income taxes 363 387 628
Net earnings 409 1,010 2,408
Net earnings attributable to noncontrolling interests 0 0 (7)
Net earnings attributable to redeemable noncontrolling interest (19) (4) (11)
Net earnings attributable to The Estée Lauder Companies Inc. $ 390 $ 1,006 $ 2,390
Net earnings attributable to The Estée Lauder Companies Inc. per common share      
Basic (in dollars per share) $ 1.09 $ 2.81 $ 6.64
Diluted (in dollars per share) $ 1.08 $ 2.79 $ 6.55
Weighted-average common shares outstanding      
Basic (in shares) 359.0 357.9 360.0
Diluted (in shares) 360.8 360.9 364.9