NET EARNINGS (LOSS) ATTRIBUTABLE TO THE ESTEE LAUDER COMPANIES INC. PER COMMON SHARE (Tables)

3 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of reconciliation between the numerator and denominator of the basic and diluted EPS computations

A reconciliation between the numerator and denominator of the basic and diluted EPS computations is as follows:

	Three Months Ended September 30
(In millions, except per share data)	2024		2023
Numerator:
Net earnings (loss) attributable to The Estée Lauder Companies Inc.	$	(156)	$	31
Denominator:
Weighted average common shares outstanding – Basic	359.6		358.4
Effect of dilutive stock options(1)	—		1.3
Effect of PSUs(1)	—		0.1
Effect of RSUs(1)	—		0.7
Weighted average common shares outstanding – Diluted	359.6		360.5
Net earnings (loss) attributable to The Estée Lauder Companies Inc. per common share:
Basic	$	(.43)	$	.09
Diluted	$	(.43)	$	.09

(1)For the three months ended September 30, 2024, the effects of potentially dilutive stock options, PSUs and RSUs were excluded from the computation of diluted EPS as they were anti-dilutive due to the net loss incurred during the period.

Schedule of antidilutive securities excluded from computation of earnings per share

The shares of Class A Common Stock underlying stock options, RSUs and PSUs that were excluded in the computation of diluted EPS because their inclusion would be anti-dilutive were as follows:

	Three Months Ended September 30
(In millions)	2024	2023
Stock options	7.6	4.8
RSUs and PSUs	1.2	0.1