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SEGMENT INFORMATION
 12 Months Ended
Jun. 30, 2022
Segment Reporting [Abstract]  
Segment Reporting Disclosure
SEGMENT INFORMATION
Under U.S. GAAP, our operating segments are aggregated into five reportable segments: 1) Beauty, 2) Grooming, 3) Health Care, 4) Fabric & Home Care and 5) Baby, Feminine & Family Care. Our five reportable segments are comprised of:
•Beauty: Hair Care (Conditioner, Shampoo, Styling Aids, Treatments); Skin and Personal Care (Antiperspirant and Deodorant, Personal Cleansing, Skin Care);
•Grooming: Shave Care (Female Blades & Razors, Male Blades & Razors, Pre- and Post-Shave Products, Other Shave Care); Appliances
•Health Care: Oral Care (Toothbrushes, Toothpaste, Other Oral Care); Personal Health Care (Gastrointestinal, Rapid Diagnostics, Respiratory, Vitamins/Minerals/Supplements, Pain Relief, Other Personal Health Care);
•Fabric & Home Care: Fabric Care (Fabric Enhancers, Laundry Additives, Laundry Detergents); Home Care (Air Care, Dish Care, P&G Professional, Surface Care); and
•Baby, Feminine & Family Care: Baby Care (Baby Wipes, Taped Diapers and Pants); Feminine Care (Adult Incontinence, Feminine Care); Family Care (Paper Towels, Tissues, Toilet Paper).
While none of our reportable segments are highly seasonal, components within certain reportable segments, such as Appliances (Grooming) and Personal Health Care (Health), are seasonal.
The accounting policies of the segments are generally the same as those described in Note 1. Differences between these policies and U.S. GAAP primarily reflect income taxes, which are reflected in the segments using applicable blended statutory rates. Adjustments to arrive at our effective tax rate are included in Corporate. In addition, capital expenditures in the segments are on an accrual basis consistent with the balance sheet. Adjustments to move from an accrual to cash basis, for purposes of the cash flow statement, are reflected in Corporate.
Corporate includes certain operating and non-operating activities that are not reflected in the operating results used internally to measure and evaluate the businesses, as well as items to adjust management reporting principles to U.S. GAAP. Operating activities in Corporate include the results of incidental businesses managed at the corporate level. Operating elements also include certain employee benefit costs, the costs of certain restructuring-type activities to maintain a competitive cost structure, including manufacturing and workforce optimization, asset impairment charges and other general Corporate items. The non-operating elements in Corporate primarily include interest expense, certain pension and other postretirement benefit costs, certain acquisition and divestiture gains, interest and investing income and other financing costs.
Total assets for the reportable segments include those assets managed by the reportable segment, primarily inventory, fixed assets and intangible assets. Other assets, primarily cash, accounts receivable, investment securities and goodwill, are included in Corporate.
Our operating segments are comprised of similar product categories. Operating segments that individually accounted for 5% or more of consolidated net sales are as follows:
% of Net sales by operating segment (1)
Years ended June 30202220212020
Fabric Care23%22%22%
Home Care12%12%11%
Baby Care10%10%11%
Skin and Personal Care9%10%10%
Hair Care9%9%9%
Family Care9%9%9%
Oral Care8%8%8%
Shave Care6%7%7%
Feminine Care6%6%6%
Personal Health Care6%5%5%
All Other2%2%2%
TOTAL100%100%100%
(1)    % of Net sales by operating segment excludes sales recorded in Corporate.
Net sales and long-lived assets in the United States and internationally were as follows (in billions):
Years ended June 30202220212020
NET SALES
United States$36.5 $33.7 $31.3 
International$43.7 $42.4 $39.7 
LONG-LIVED ASSETS (1)
United States$10.7 $10.1 $9.9 
International$10.5 $11.6 $10.8 
(1)    Long-lived assets consists of property, plant and equipment.
No country, other than the United States, exceeds 10% of the Company's consolidated net sales or long-lived assets.
Our largest customer, Walmart Inc. and its affiliates, accounted for consolidated net sales of approximately 15% in 2022, 2021 and 2020. No other customer represents more than 10% of our consolidated net sales.
Global Segment ResultsNet SalesEarnings/(Loss)
Before
Income Taxes		Net Earnings/(Loss)Depreciation
and
Amortization		Total
Assets		Capital
Expenditures
BEAUTY2022$14,740 $3,946 $3,160 $348 $6,055 $331 
202114,417 4,018 3,210 333 5,587 386 
202013,359 3,437 2,737 320 5,531 397 
GROOMING20226,587 1,835 1,490 361 20,482 260 
20216,440 1,728 1,427 378 20,668 291 
20206,069 1,613 1,329 406 20,589 305 
HEALTH CARE202210,824 2,618 2,006 376 7,888 410 
20219,956 2,398 1,851 372 7,976 364 
20209,028 2,156 1,652 350 7,726 338 
FABRIC & HOME CARE202227,556 5,729 4,386 672 8,567 988 
202126,014 5,986 4,622 646 8,334 1,006 
202023,735 5,426 4,154 605 7,745 887 
BABY, FEMININE & FAMILY CARE202219,736 4,267 3,266 826 8,443 932 
202118,850 4,723 3,629 846 8,666 814 
202018,364 4,534 3,465 839 8,628 764 
CORPORATE 2022744 (400)485 224 65,773 235 
2021441 (1,238)(387)160 68,076 (74)
2020395 (1,332)(234)493 70,481 382 
TOTAL COMPANY2022$80,187 $17,995 $14,793 $2,807 $117,208 $3,156 
202176,118 17,615 14,352 2,735 119,307 2,787 
202070,950 15,834 13,103 3,013 120,700 3,073