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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]        
Revenue $ 50,487 $ 44,836 $ 151,559 $ 134,261
Cost of products sold 48,702 43,154 146,497 129,321
Gross margin 1,785 1,682 5,062 4,940
Operating expenses:        
Distribution, selling, general and administrative expenses 1,179 1,137 3,567 3,402
Restructuring and employee severance 16 31 62 56
Amortization and other acquisition-related costs 74 79 216 237
Impairments and (gain)/loss on disposal of assets, net 20 471 883 1,764
Litigation (recoveries)/charges, net (76) 61 (256) 113
Operating earnings/(loss) 572 (97) 590 (632)
Other (income)/expense, net 0 3 (5) (14)
Interest expense, net 28 38 78 115
Loss on early extinguishment of debt 0 0 0 10
(Gain)/loss on sale of equity interest in naviHealth 0 (1) 0 (2)
Earnings/(loss) before income taxes 544 (137) 517 (741)
Provision for income taxes 197 1,253 189 328
Net earnings/(loss) 347 (1,390) 328 (1,069)
Less: Net earnings attributable to noncontrolling interests (2) (1) (3) (2)
Net earnings/(loss) attributable to Cardinal Health, Inc. $ 345 $ (1,391) $ 325 $ (1,071)
Earnings/(Loss) per common share attributable to Cardinal Health, Inc.:        
Basic (in shares) $ 1.35 $ (5.05) $ 1.24 $ (3.82)
Diluted (in shares) $ 1.34 $ (5.05) $ 1.23 $ (3.82)
Weighted-average number of common shares outstanding:        
Basic (in shares) 256 275 263 281
Diluted (in shares) 258 275 264 281
Cash dividends declared per common share $ 0.4957 $ 0.4908 $ 1.4871 $ 1.4724