CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Jun. 30, 2014
CURRENT ASSETS
Cash and cash equivalents	$ 8,204	$ 8,558
Available-for-sale investment securities	4,047	2,128
Accounts receivable	5,802us-gaap_AccountsReceivableNetCurrent	6,386us-gaap_AccountsReceivableNetCurrent
Inventories
Materials and supplies	1,775	1,742
Work in process	612	684
Finished goods	4,090	4,333
Total inventories	6,477us-gaap_InventoryNet	6,759us-gaap_InventoryNet
Deferred income taxes	816us-gaap_DeferredTaxAssetsNetCurrent	1,092us-gaap_DeferredTaxAssetsNetCurrent
Prepaid expenses and other current assets	3,679	3,845
Disposal Group, Including Discontinued Operation, Assets, Current	4,153	2,849
TOTAL CURRENT ASSETS	33,178us-gaap_AssetsCurrent	31,617us-gaap_AssetsCurrent
PROPERTY, PLANT AND EQUIPMENT
NET PROPERTY, PLANT AND EQUIPMENT	20,745us-gaap_PropertyPlantAndEquipmentNet	22,304us-gaap_PropertyPlantAndEquipmentNet
GOODWILL AND OTHER INTANGIBLE ASSETS
Goodwill	48,875us-gaap_Goodwill	53,704us-gaap_Goodwill
Trademarks and other intangible assets, net	27,567	30,843
OTHER NON-CURRENT ASSETS	5,898us-gaap_OtherAssetsNoncurrent	5,798us-gaap_OtherAssetsNoncurrent
TOTAL ASSETS	136,263us-gaap_Assets	144,266us-gaap_Assets
CURRENT LIABILITIES
Accounts payable	7,733us-gaap_AccountsPayableCurrent	8,461us-gaap_AccountsPayableCurrent
Accrued and other liabilities	8,853us-gaap_AccruedLiabilitiesCurrent	8,999us-gaap_AccruedLiabilitiesCurrent
Disposal Group, Including Discontinued Operation, Liabilities, Current	1,237	660
Debt due within one year	16,329us-gaap_DebtCurrent	15,606us-gaap_DebtCurrent
TOTAL CURRENT LIABILITIES	34,152us-gaap_LiabilitiesCurrent	33,726us-gaap_LiabilitiesCurrent
LONG-TERM DEBT	18,124us-gaap_LongTermDebtNoncurrent	19,811us-gaap_LongTermDebtNoncurrent
DEFERRED INCOME TAXES	9,552	10,218
OTHER NON-CURRENT LIABILITIES	9,623us-gaap_OtherLiabilitiesNoncurrent	10,535us-gaap_OtherLiabilitiesNoncurrent
TOTAL LIABILITIES	71,451us-gaap_Liabilities	74,290us-gaap_Liabilities
SHAREHOLDERS' EQUITY
Preferred stock	1,094us-gaap_PreferredStockValue	1,111us-gaap_PreferredStockValue
Common Stock, Shares, Issued	4,009.2us-gaap_CommonStockSharesIssued	4,009.2us-gaap_CommonStockSharesIssued
Common Stock, Value, Issued	4,009us-gaap_CommonStockValue	4,009us-gaap_CommonStockValue
Additional paid-in capital	63,814us-gaap_AdditionalPaidInCapital	63,911us-gaap_AdditionalPaidInCapital
Reserve for ESOP debt retirement	(1,332)pg_ReserveForEsopDebtRetirement	(1,340)pg_ReserveForEsopDebtRetirement
Accumulated other comprehensive income (loss)	(11,317)	(7,662)
Treasury stock	(77,905)us-gaap_TreasuryStockValue	(75,805)us-gaap_TreasuryStockValue
Retained earnings	85,770	84,990
Noncontrolling interest	679us-gaap_MinorityInterest	762us-gaap_MinorityInterest
TOTAL SHAREHOLDERS' EQUITY	64,812	69,976
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 136,263	$ 144,266

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Amount corresponds to the amount of leveraged ESOP debt guaranteed by the company. When the debt is recorded on the company's books, the equity reserve for the ESOP debt retirement is also recorded.

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Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

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Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge.

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Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders. Includes adjustments to additional paid in capital. Some examples of such adjustments include recording the issuance of debt with a beneficial conversion feature and certain tax consequences of equity instruments awarded to employees. Use this element for the aggregate amount of additional paid-in capital associated with common and preferred stock. For additional paid-in capital associated with only common stock, use the element additional paid in capital, common stock. For additional paid-in capital associated with only preferred stock, use the element additional paid in capital, preferred stock.

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Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

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Amount classified as assets attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.

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Amount of investment in debt and equity securities categorized neither as trading securities nor held-to-maturity securities and intended be sold or mature one year or operating cycle, if longer.

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Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.

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Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.

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Carrying amount, net of reserves and adjustments, as of the balance sheet date of merchandise or goods which are partially completed. This inventory is generally comprised of raw materials, labor and factory overhead costs, which require further materials, labor and overhead to be converted into finished goods, and which generally require the use of estimates to determine percentage complete and pricing.

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Amount classified as liabilities attributable to disposal group held for sale or disposed of, expected to be disposed of within one year or the normal operating cycle, if longer.

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