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CONSOLIDATED STATEMENTS OF EARNINGS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Net Sales $ 17,395 $ 16,856 $ 34,048 $ 33,374
Cost of Products Sold 8,667 8,298 16,896 16,400
Selling, General and Administrative Expense 4,725 4,683 9,414 9,328
Operating Income 4,003 3,875 7,738 7,646
Interest Expense 122 122 237 253
Interest Income 66 42 115 77
Other Non-operating Income/(Loss), Net 86 (539) 168 (476)
Earnings/(Loss) from Continuing Operations Before Income Taxes 4,033 3,256 7,784 6,994
Income Taxes on Continuing Operations 1,472 695 2,353 1,558
Net Earnings/(Loss) from Continuing Operations 2,561 2,561 5,431 5,436
Net Earnings/(Loss) from Discontinued Operations 0 5,335 0 5,217
Net Earnings 2,561 7,896 5,431 10,653
Less: Net Earnings Attributable to Noncontrolling Interest 66 21 83 64
Net Earnings Attributable to Procter & Gamble $ 2,495 $ 7,875 $ 5,348 $ 10,589
Basic Net Earnings Per Common Share        
Earnings from Continuing Operations [1] $ 0.96 $ 0.96 $ 2.05 $ 1.99
Earnings/(Loss) from Discontinued Operations [1] 0 2.05 0 1.98
Basic Net Earnings Per Common Share [1],[2] 0.96 3.01 2.05 3.97
Diluted Net Earnings Per Common Share        
Earnings from Continuing Operations [1] 0.93 0.93 2.00 1.93
Earnings/(Loss) from Discontinued Operations [1] 0 1.95 0 1.88
Diluted Net Earnings Per Common Share [1],[2] 0.93 2.88 2.00 3.81
Dividends Per Common Share $ 0.6896 $ 0.6695 $ 1.3790 $ 1.3390
Diluted Weighted Average Common Shares Outstanding 2,669.6 2,737.6 2,680.1 2,780.2
[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.