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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]        
Revenue $ 31,445 $ 25,537 $ 59,499 $ 49,607
Cost of products sold 29,836 24,083 56,311 46,813
Gross margin 1,609 1,454 3,188 2,794
Operating expenses:        
Distribution, selling, general, and administrative expenses 922 815 1,764 1,590
Restructuring and employee severance 2 7 14 26
Amortization and other acquisition-related costs 114 60 219 112
Impairments and (gain)/loss on disposal of assets, net (17) 18 (17) 18
Litigation (recoveries)/charges, net (9) 44 (9) 72
Operating earnings 563 546 1,183 1,012
Other (income)/expense, net (2) (1) 6 (4)
Interest expense, net 45 36 90 70
Loss on extinguishment of debt 0 60 0 60
Earnings before income taxes 520 451 1,087 886
Provision for income taxes 194 162 377 331
Net Earnings 326 289 710 555
Net earnings attributable to non-controlling interests 0 0 (1) 0
Net earnings attributable to Cardinal Health, Inc. $ 326 $ 289 $ 709 $ 555
Earnings per common share attributable to Cardinal Health, Inc.:        
Net basic earnings per common share (in dollars per share) $ 0.99 $ 0.87 $ 2.16 $ 1.66
Net diluted earnings per common share (in dollars per share) $ 0.98 $ 0.86 $ 2.14 $ 1.65
Basic (in shares) 329 331 329 333
Diluted (in shares) 332 334 332 337
Cash dividends declared per common share $ 0.3870 $ 0.3425 $ 0.7740 $ 0.6850