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EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Earnings Per Share Reconciliation [Abstract]        
Net Earnings $ 3,743 $ 3,216 $ 7,360 $ 6,427
Net Income (Loss) Attributable to Noncontrolling Interest 26 22 50 34
Net Earnings/(Loss) Attributable to P&G (Diluted) 3,717 3,194 7,310 6,393
Dividends, Preferred Stock (64) (65) (129) (131)
Net Earnings/(Loss) Attributable to P&G Available to Common Shareholders (Basic) $ 3,653 $ 3,129 $ 7,181 $ 6,262
Weighted Average Number of Shares Outstanding, Diluted [Abstract]        
Basic Weighted Average Common Shares Outstanding 2,487.0 2,499.7 2,495.5 2,497.8
Effect of Dilutive Securities        
Conversion of Preferred Shares [1] 86.4 90.7 86.9 91.3
Exercise of Stock Options and Other Unvested Equity Awards [2] 56.7 32.6 56.4 28.5
Diluted Weighted Average Common Shares Outstanding 2,630.1 2,623.0 2,638.8 2,617.6
Basic Net Earnings/(Loss) Per Common Share [3],[4] $ 1.47 $ 1.25 $ 2.88 $ 2.51
Diluted Net Earnings/(Loss) Per Common Share [3],[4] $ 1.41 $ 1.22 $ 2.77 $ 2.44
[1] Despite being included currently in Diluted net earnings per common share, the actual conversion to common stock occurs when the preferred shares are sold. Shares may only be sold after being allocated to the ESOP participants pursuant to the repayment of the ESOP's obligations through 2035.
[2] Weighted average outstanding stock options of approximately 23 million for the three months ended December 31, 2018, and approximately 2 million and 35 million for the six months ended December 31, 2019 and 2018 respectively, were not included in the Diluted net earnings per share calculation because the options were out of the money or to do so would have been antidilutive (i.e., the total proceeds upon exercise would have exceeded the market value of the underlying common shares). There were no antidilutive shares for the three months ended December 31, 2019.
[3] Basic net earnings per share and Diluted net earnings per share are calculated on Net earnings attributable to Procter & Gamble.
[4] Net earnings per share are calculated on Net earnings attributable to Procter & Gamble.