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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
CONSOLIDATED STATEMENTS OF EARNINGS      
Net Sales $ 11,824 $ 11,262 $ 10,780
Cost of Sales 2,437 2,181 2,100
Gross Profit 9,387 9,081 8,680
Operating Expenses      
Selling, general and administrative 7,469 7,338 7,074
Restructuring and other charges 195 133  
Goodwill impairment 28    
Impairment of other intangible assets 3    
Total operating expenses 7,695 7,471 7,074
Operating Income 1,692 1,610 1,606
Interest expense 103 71 60
Interest income and investment income, net 28 16 15
Earnings before Income Taxes 1,617 1,555 1,561
Provision for income taxes 361 434 467
Net Earnings 1,256 1,121 1,094
Net earnings attributable to noncontrolling interests (7) (6) (5)
Net earnings attributable to The Estee Lauder Companies Inc. $ 1,249 $ 1,115 $ 1,089
Net earnings attributable to The Estee Lauder Companies Inc. per common share      
Basic (in dollars per share) $ 3.40 $ 3.01 $ 2.87
Diluted (in dollars per share) $ 3.35 $ 2.96 $ 2.82
Weighted-average common shares outstanding      
Basic (in shares) 367.1 370.0 379.3
Diluted (in shares) 373.0 376.6 385.7
Cash dividends declared per common share (in dollars per share) $ 1.32 $ 1.14 $ 0.92