Shareholders' Equity (Tables)

6 Months Ended

Dec. 31, 2023

Equity [Abstract]

Schedule of Changes in the Balance of Accumulated Other Comprehensive Loss by Component and in Total

The following tables summarize the changes in the balance of accumulated other comprehensive loss by component and in total:

(in millions)	Foreign Currency Translation Adjustments		Unrealized Gain/(Loss) on Derivatives, net of tax		Accumulated Other Comprehensive Loss
Balance at June 30, 2023	$	(137)	$	(14)	$	(151)
Other comprehensive income/(loss), before reclassifications	(5)		5		—
Amounts reclassified to earnings	—		(4)		(4)
Total other comprehensive income/(loss) attributable to Cardinal Health, Inc., net of tax benefit of $1 million	(5)		1		(4)
Balance at December 31, 2023	$	(142)	$	(13)	$	(155)

(in millions)	Foreign Currency Translation Adjustments		Unrealized Gain/(Loss) on Derivatives, net of tax		Accumulated Other Comprehensive Loss
Balance at June 30, 2022	$	(102)	$	(12)	$	(114)
Other comprehensive income/(loss), before reclassifications	(38)		11		(27)
Amounts reclassified to earnings	—		(5)		(5)
Total other comprehensive loss attributable to Cardinal Health, Inc., net of tax benefit of $5 million	(38)		6		(32)
Balance at December 31, 2022	$	(140)	$	(6)	$	(146)