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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
Income Statement [Abstract]        
Revenue $ 55,264 $ 57,442 $ 107,541 $ 112,092
Cost of products sold 53,323 55,588 103,698 108,495
Gross margin 1,941 1,854 3,843 3,597
Operating expenses:        
Distribution, selling, general and administrative expenses 1,306 1,268 2,583 2,454
Restructuring and employee severance 9 28 33 53
Amortization and other acquisition-related costs 105 63 179 127
Impairments and (gain)/loss on disposal of assets, net 3 1 2 542
Litigation (recoveries)/charges, net (31) (11) (71) (52)
Operating earnings 549 505 1,117 473
Other (income)/expense, net 3 (10) (2) (9)
Interest expense, net 35 3 67 14
Earnings/(loss) before income taxes 511 512 1,052 468
Provision for income taxes 110 143 234 110
Net earnings/(loss) 401 369 818 358
Less: Net earnings attributable to noncontrolling interests (1) (1) (2) (2)
Net earnings attributable to Cardinal Health, Inc. $ 400 $ 368 $ 816 $ 356
Earnings per common share attributable to Cardinal Health, Inc.:        
Basic (in shares) $ 1.65 $ 1.50 $ 3.37 $ 1.44
Diluted (in shares) $ 1.65 $ 1.50 $ 3.35 $ 1.43
Weighted-average number of common shares outstanding:        
Basic (in shares) 242 245 242 247
Diluted (in shares) 243 246 243 248
Cash dividends declared per common share $ 0.5056 $ 0.5006 $ 1.0112 $ 1.0012