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Selected Quarterly Financial Data
12 Months Ended
Jun. 30, 2012
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data
Selected Quarterly Financial Data (Unaudited)
The following is selected quarterly financial data for fiscal 2012 and 2011. The sum of the quarters may not equal year-to-date due to rounding.
(in millions, except per Common Share amounts)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Fiscal 2012
 
 
 
 
 
 
 
Revenue
$
26,792

 
$
27,078

 
$
26,918

 
$
26,764

Gross margin
1,084

 
1,114

 
1,207

 
1,136

Distribution, selling, general and administrative expenses
644

 
640

 
683

 
712

Earnings from continuing operations
237

 
264

 
332

 
236

Earnings/(loss) from discontinued operations

 
(2
)
 
1

 

Net earnings
237

 
262

 
333

 
236

Earnings from continuing operations per Common Share:
 
 
 
 
 
 
 
Basic
$
0.69

 
$
0.77

 
$
0.96

 
$
0.68

Diluted
0.68

 
0.76

 
0.95

 
0.68

(in millions, except per Common Share amounts)
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
Fiscal 2011
 
 
 
 
 
 
 
Revenue
$
24,438

 
$
25,372

 
$
26,071

 
$
26,764

Gross margin
962

 
994

 
1,162

 
1,044

Distribution, selling, general and administrative expenses
581

 
607

 
670

 
671

Earnings from continuing operations
294

 
215

 
250

 
207

Earnings/(loss) from discontinued operations
1

 

 
(4
)
 
(4
)
Net earnings
295

 
215

 
246

 
203

Earnings from continuing operations per Common Share:
 
 
 
 
 
 
 
Basic
$
0.84

 
$
0.62

 
$
0.72

 
$
0.59

Diluted
0.84

 
0.61

 
0.71

 
0.58