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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 $ 5,591 $ 5,623 $ 5,468
Cost of products sold 3,231 3,211 3,164
Gross profit 2,360 2,412 2,304
Selling and administrative expenses 765 807 798
Advertising costs 504 500 482
Research and development costs 125 130 121
Interest expense 103 122 125
Other expense (income), net 2 0 (13)
Earnings from continuing operations before income taxes 861 853 791
Income taxes on continuing operations 299 279 248
Earnings from continuing operations 562 574 543
Losses from discontinued operations, net of tax (4) (2) (2)
Net earnings $ 558 $ 572 $ 541
Net earnings (losses) per share, basic      
Continuing operations $ 4.34 $ 4.38 $ 4.15
Discontinued operations $ (0.03) $ (0.01) $ (0.01)
Basic net earnings per share $ 4.31 $ 4.37 $ 4.14
Net earnings (losses) per share, diluted      
Continuing operations $ 4.26 $ 4.31 $ 4.10
Discontinued operations $ (0.03) $ (0.01) $ (0.01)
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