ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)

12 Months Ended

Jun. 30, 2020

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

The table below presents the changes in Accumulated other comprehensive income/(loss) attributable to Procter & Gamble (AOCI), including the reclassifications out of AOCI by component:


Changes in Accumulated Other Comprehensive Income/(Loss) by Component
	Investment Securities		Post-retirement Benefits		Foreign Currency Translation		Total AOCI
BALANCE at JUNE 30, 2018	$	(173)	$	(4,058)	$	(10,518)	$	(14,749)
OCI before reclassifications ⁽¹⁾	167		(43)		(213)		(89)
Amounts reclassified from AOCI into the Consolidated Statement of Earnings ⁽²⁾	17		212		—		229
Net current period OCI	184		169		(213)		140
Reclassification to retained earnings in accordance with ASU 2018-02 ⁽³⁾	—		(308)		(18)		(326)
Less: Other comprehensive income/(loss) attributable to non-controlling interests	—		1		—		1
BALANCE at JUNE 30, 2019	11		(4,198)		(10,749)		(14,936)
OCI before reclassifications ⁽⁴⁾	(10)		(453)		(1,083)		(1,546)
Amounts reclassified from AOCI into the Consolidated Statement of Earnings ⁽⁵⁾	(2)		303		—		301
Net current period OCI	(12)		(150)		(1,083)		(1,245)

Less: Other comprehensive income/(loss) attributable to non-controlling interests	—		2		(18)		(16)
BALANCE at JUNE 30, 2020	$	(1)	$	(4,350)	$	(11,814)	$	(16,165)

⁽¹⁾Net of tax benefit)/expense of $0, $(44) and $78 for gains/losses on investment securities, postretirement benefit items and foreign currency translation, respectively, for the period ended June 30, 2019.

⁽²⁾Net of tax (benefit)/expense of $0, $66 and $0 for gains/losses on investment securities, postretirement benefit items and foreign currency translation, respectively, for the period ended June 30, 2019.

⁽³⁾Adjustment made to early adopt ASU 2018-02: "Reclassification of Certain Effects from Accumulated Other Comprehensive Income."

⁽⁴⁾Net of tax (benefit)/expense of $(1), $(131) and $59 for gains/losses on investment securities, postretirement benefit items and foreign currency translation, respectively, for the period ended June 30, 2020.

⁽⁵⁾Net of tax (benefit)/expense of $0, $89 and $0 for gains/losses on investment securities, postretirement benefit items and foreign currency translation, respectively, for the period ended June 30, 2020.