XML 36 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2013
Mar. 31, 2012
CONSOLIDATED STATEMENTS OF EARNINGS        
Net Sales $ 2,291.8 $ 2,248.2 $ 7,774.3 $ 7,462.4
Cost of Sales 443.1 469.3 1,550.3 1,554.6
Gross Profit 1,848.7 1,778.9 6,224.0 5,907.8
Operating expenses        
Selling, general and administrative 1,605.3 1,539.0 4,831.8 4,623.4
Restructuring and other charges (1.7) 28.4 12.0 39.2
Impairment of other intangible assets       6.7
Total operating expenses 1,603.6 1,567.4 4,843.8 4,669.3
Operating Income 245.1 211.5 1,380.2 1,238.5
Interest expense, net 12.6 14.5 41.8 47.1
Interest expense on debt extinguishment     19.1  
Other income     23.1 10.5
Earnings before Income Taxes 232.5 197.0 1,342.4 1,201.9
Provision for income taxes 53.6 65.7 414.5 393.6
Net Earnings 178.9 131.3 927.9 808.3
Net earnings attributable to noncontrolling interests (0.1) (0.9) (2.1) (2.6)
Net Earnings Attributable to The Estee Lauder Companies Inc. $ 178.8 $ 130.4 $ 925.8 $ 805.7
Net earnings attributable to The Estee Lauder Companies Inc. per common share        
Basic (in dollars per share) $ 0.46 $ 0.34 $ 2.39 $ 2.07
Diluted (in dollars per share) $ 0.45 $ 0.33 $ 2.35 $ 2.03
Weighted-average common shares outstanding        
Basic (in shares) 387.2 388.2 387.5 388.5
Diluted (in shares) 394.0 396.3 394.7 397.0
Cash dividends declared per common share (in dollars per share) $ 0.18   $ 0.90 $ 0.525