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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Sep. 30, 2015
Sep. 30, 2014
NET SALES $ 16,527 $ 18,771
Cost of products sold 8,152 9,734
Selling, general and administrative expense 4,607 5,404
OPERATING INCOME 3,768 3,633
Interest expense 140 170
Interest income 44 31
Other non-operating income/(loss), net (18) 13
EARNINGS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES 3,654 3,507
Income taxes on continuing operations 877 791
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 2,777 2,716
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest (142) (696)
NET EARNINGS 2,635 2,020
Less: Net earnings attributable to noncontrolling interests 34 30
NET EARNINGS ATTRIBUTABLE TO PROCTER & GAMBLE $ 2,601 $ 1,990
Earnings Per Share, Basic [Abstract]    
Income (Loss) from Continuing Operations, Per Basic Share [1] $ 0.98 $ 0.97
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Basic Share [1] (0.05) (0.26)
Earnings Per Share, Basic [1],[2] 0.93 0.71
Earnings Per Share, Diluted [Abstract]    
Income (Loss) from Continuing Operations, Per Diluted Share [1] 0.96 0.93
Discontinued Operation, Income (Loss) from Discontinued Operation, Net of Tax, Per Diluted Share [1] (0.05) (0.24)
Earnings Per Share, Diluted [1],[2] 0.91 0.69
Common Stock, Dividends, Per Share, Cash Paid $ 0.663 $ 0.644
Weighted Average Number of Shares Outstanding, Diluted 2,867.5 2,888.0
[1] Basic net earnings per share and diluted net earnings per share are calculated on net earnings attributable to Procter & Gamble.
[2] Basic net earnings per common share and diluted net earnings per common share are calculated on net earnings attributable to Procter & Gamble.