EQUITY (Tables)

3 Months Ended

Sep. 30, 2017

EQUITY

Schedule of equity

	Total Stockholders’ Equity — The Estée Lauder Companies Inc.																Non-
(In millions)	Common Stock		Paid-in Capital		Retained Earnings			AOCI			Treasury Stock			Total			controlling Interests		Total Equity
Balance at June 30, 2017	$	6	$	3,559	$	8,452		$	(484	)	$	(7,149	)	$	4,384		$	18	$	4,402
Net earnings	—		—		427			—			—			427			3		430
Common stock dividends	—		1		(127		)	—			—			(126		)	—		(126		)
Other comprehensive income	—		—		—			49			—			49			1		50
Acquisition of treasury stock	—		—		—			—			(98		)	(98		)	—		(98		)
Stock-based compensation	—		105		—			—			(10		)	95			—		95
Balance at September 30, 2017	$	6	$	3,665	$	8,752		$	(435	)	$	(7,257	)	$	4,731		$	22	$	4,753

Summary of cash dividends declared per share on the Company's Class A and Class B Common Stock

The following is a summary of quarterly cash dividends declared per share on the Company’s Class A and Class B Common Stock during the three months ended September 30, 2017:

Date Declared	Record Date	Payable Date	Amount per Share
August 17, 2017	August 31, 2017	September 15, 2017	$	.34

Schedule of components of AOCI

(In millions)	Net Unrealized Investment Gain (Loss)			Net Derivative Instrument Gain (Loss)			Amounts Included in Net Periodic Benefit Cost			Translation Adjustments			Total
Balance at June 30, 2017	$	(1	)	$	(3	)	$	(213	)	$	(267	)	$	(484	)
OCI before reclassifications	(1		)	(12		)	(1		)(1)	54			40
Amounts reclassified from AOCI	—			6			3			—			9
Net current-period OCI	(1		)	(6		)	2			54			49
Balance at September 30, 2017	$	(2	)	$	(9	)	$	(211	)	$	(213	)	$	(435	)

(1) Consists of foreign currency translation losses.

Schedule of effects of reclassification adjustments from AOCI into net earnings

	Amount Reclassified from AOCI
	Three Months Ended September 30						Affected Line Item in Consolidated
(In millions)	2017			2016			Statements of Earnings
Gain (Loss) on Investments
Gain (loss) on investments	$	—		$	1		Interest income and investment income, net
Benefit (provision) for deferred taxes	—			—			Provision for income taxes
	$	—		$	1		Net earnings
Gain (Loss) on Cash Flow Hedges
Foreign currency forward contracts	$	(5	)	$	2		Cost of sales
Foreign currency forward contracts	(4		)	7			Selling, general and administrative
	(9		)	9			Earnings before income taxes
Benefit (provision) for deferred taxes	3			(3		)	Provision for income taxes
	$	(6	)	$	6		Net earnings
Amounts Included in Net Periodic Benefit Cost
Amortization of prior service cost	$	—		$	(1	)	(1)
Amortization of actuarial loss	(5		)	(7		)	(1)
	(5		)	(8		)	Earnings before income taxes
Benefit (provision) for deferred taxes	2			2			Provision for income taxes
	$	(3	)	$	(6	)	Net earnings
Total reclassification adjustments, net	$	(9	)	$	1		Net earnings

(1) See Note 7 — Pension and Post-Retirement Benefit Plans for additional information.