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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Mar. 31, 2017
Mar. 31, 2016
Net Sales $ 15,605 $ 15,755 $ 48,979 $ 49,197
Cost of Products Sold 7,836 7,915 24,236 24,527
Selling, General and Administrative Expense 4,409 4,522 13,737 13,731
Operating Income 3,360 3,318 11,006 10,939
Interest Expense 96 146 349 429
Interest Income 46 33 123 135
Other Non-operating Income/(Loss), Net 26 21 (450) 38
Earnings/(Loss) from Continuing Operations Before Income Taxes 3,336 3,226 10,330 10,683
Income Taxes on Continuing Operations 780 889 2,338 2,664
Net Earnings/(Loss) from Continuing Operations 2,556 2,337 7,992 8,019
Net Earnings/(Loss) from Discontinued Operations 0 446 5,217 627
Net Earnings 2,556 2,783 13,209 8,646
Less: Net Earnings Attributable to Noncontrolling Interest 34 33 98 89
Net Earnings Attributable to Procter & Gamble $ 2,522 $ 2,750 $ 13,111 $ 8,557
Basic Net Earnings Per Common Share        
Earnings from Continuing Operations [1] $ 0.96 $ 0.83 $ 2.95 $ 2.86
Earnings/(Loss) from Discontinued Operations [1] 0.00 0.17 2.00 0.23
Basic Net Earnings Per Common Share [1],[2] 0.96 1.00 4.95 3.09
Diluted Net Earnings Per Common Share        
Earnings from Continuing Operations [1] 0.93 0.81 2.87 2.78
Earnings/(Loss) from Discontinued Operations [1] 0.00 0.16 1.89 0.22
Diluted Net Earnings Per Common Share [1],[2] 0.93 0.97 4.76 3.00
Dividends Per Common Share $ 0.6695 $ 0.6630 $ 2.0085 $ 1.9890
Diluted Weighted Average Common Shares Outstanding 2,705.5 2,835.0 2,755.4 2,855.6
[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.