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CONSOLIDATED STATEMENTS OF EARNINGS (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2009
NET SALES $ 82,559 $ 78,938 $ 76,694
Cost of products sold 40,768 37,919 38,690
Selling, general and administrative expense 25,973 24,998 22,630
OPERATING INCOME 15,818 16,021 15,374
Interest expense 831 946 1,358
Other non-operating income/(expense), net 332 82 483
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 15,319 15,157 14,499
Income taxes on continuing operations 3,392 4,101 3,733
NET EARNINGS FROM CONTINUING OPERATIONS 11,927 11,056 10,766
NET EARNINGS FROM DISCONTINUED OPERATIONS 0 1,790 2,756
NET EARNINGS 11,927 12,846 13,522
Less: Net earnings attributable to noncontrolling interests 130 110 86
NET EARNINGS ATTRIBUTABLE TO PROCTER & GAMBLE $ 11,797 [1] $ 12,736 [1] $ 13,436 [1]
BASIC NET EARNINGS PER COMMON SHARE:      
Earnings from continuing operations $ 4.12 [2] $ 3.70 [2] $ 3.55 [2]
Earnings from discontinued operations $ 0.00 [2] $ 0.62 [2] $ 0.94 [2]
BASIC NET EARNINGS PER COMMON SHARE $ 4.12 [2] $ 4.32 [2] $ 4.49 [2]
DILUTED NET EARNINGS PER COMMON SHARE:      
Earnings from continuing operations $ 3.93 [2],[3] $ 3.53 [2],[3] $ 3.39 [2]
Earnings from discontinued operations $ 0.00 [2],[3] $ 0.58 [2],[3] $ 0.87 [2]
DILUTED NET EARNINGS PER COMMON SHARE $ 3.93 [2],[3] $ 4.11 [2],[3] $ 4.26 [2]
DIVIDENDS PER COMMON SHARE $ 1.97 $ 1.80 $ 1.64
[1] Net earnings per share are calculated on net earnings attributable to Procter & Gamble.
[2] Basic net earnings per share and diluted net earnings per share are calculated on net earnings attributable to Procter & Gamble
[3] Diluted net earnings per share is calculated on earnings attributable to Procter & Gamble.