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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]        
Revenue $ 45,457 $ 41,541 $ 89,425 $ 80,606
Cost of products sold 43,841 39,765 86,167 77,115
Gross margin 1,616 1,776 3,258 3,491
Operating expenses:        
Distribution, selling, general and administrative expenses 1,151 1,147 2,265 2,284
Restructuring and employee severance 7 20 25 57
Amortization and other acquisition-related costs 79 116 158 234
Impairments and (gain)/loss on disposal of assets, net 1,295 0 1,293 9
Litigation (recoveries)/charges, net 34 32 52 1,070
Operating earnings/(loss) (950) 461 (535) (163)
Other (income)/expense, net (13) (12) (17) (19)
Interest expense, net 37 46 77 91
Loss on Extinguishment of Debt 0 0 10 1
Gain/(Loss) on sale of equity interest in naviHealth (1) 0 (1) 0
Earnings/(loss) before income taxes (973) 427 (604) (236)
Benefit from income taxes (1,022) (203) (925) (613)
Net earnings/(loss) 49 630 321 377
Less: Net earnings attributable to noncontrolling interests 0 (1) (1) (1)
Net earnings attributable to Cardinal Health, Inc. $ 49 $ 629 $ 320 $ 376
Earnings per common share attributable to Cardinal Health, Inc.:        
Basic (in shares) $ 0.17 $ 2.14 $ 1.13 $ 1.28
Income (Loss) from Continuing Operations, Per Diluted Share $ 0.17 $ 2.13 $ 1.12 $ 1.27
Weighted-average number of common shares outstanding:        
Basic (in shares) 279 294 283 293
Diluted (in shares) 281 295 285 295
Cash dividends declared per common share $ 0.4908 $ 0.4859 $ 0.9816 $ 0.9718