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CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2012
CONSOLIDATED STATEMENTS OF EARNINGS [Abstract]      
Net sales $ 5,514 $ 5,533 $ 5,379
Cost of products sold 3,158 3,142 3,107
Gross profit 2,356 2,391 2,272
Selling and administrative expenses 751 793 783
Advertising costs 503 498 477
Research and development costs 125 130 121
Interest expense 103 122 125
Other income, net (10) (4) (12)
Earnings from continuing operations before income taxes 884 852 778
Income taxes on continuing operations 305 279 243
Earnings from continuing operations 579 573 535
(Losses) earnings from discontinued operations, net of tax (21) (1) 6
Net earnings $ 558 $ 572 $ 541
Net earnings (losses) per share, basic      
Continuing operations $ 4.47 $ 4.37 $ 4.09
Discontinued operations $ (0.16) $ 0.00 $ 0.05
Basic net earnings per share $ 4.31 $ 4.37 $ 4.14
Net earnings (losses) per share, diluted      
Continuing operations $ 4.39 $ 4.31 $ 4.05
Discontinued operations $ (0.16) $ (0.01) $ 0.04
Diluted net earnings per share $ 4.23 $ 4.30 $ 4.09
Weighted average shares outstanding (in thousands)      
Basic 129,558 131,075 130,852
Diluted 131,742 132,969 132,310