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ACCUMULATED OTHER COMPREHENSIVE INCOME (Tables)
 12 Months Ended
Jun. 30, 2022
Equity [Abstract]  
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 SecuritiesPost-retirement Benefit PlansForeign Currency TranslationTotal AOCI
BALANCE at JUNE 30, 2020$(1)$(4,350)$(11,814)$(16,165)
OCI before reclassifications (1)
20 1,046 1,023 2,089 
Amounts reclassified to the Consolidated Statement of Earnings (2)
(4)340 — 336 
Net current period OCI16 1,386 1,023 2,425 
Less: OCI attributable to non-controlling interests— (1)5 4 
BALANCE at JUNE 30, 202115 (2,963)(10,796)(13,744)
OCI before reclassifications (3)
4 2,797 (1,451)1,350 
Amounts reclassified to the Consolidated Statement of Earnings (4)
1 195 1 197 
Net current period OCI5 2,992 (1,450)1,547 
Less: OCI attributable to non-controlling interests— 2 (10)(8)
BALANCE at JUNE 30, 2022$20 $27 $(12,236)$(12,189)
(1)Net of tax (benefit)/expense of $5, $345 and $(266) for gains/losses on investment securities, postretirement benefit plans and foreign currency translation, respectively, for the period ended June 30, 2021. Income tax effects within foreign currency translation include impacts from items such as net investment hedge transactions. Foreign cumulative translation is not adjusted for income taxes related to permanent investments in international subsidiaries.
(2)Net of tax (benefit)/expense of $0, $100 and $0 for gains/losses on investment securities, postretirement benefit plans and foreign currency translation, respectively, for the period ended June 30, 2021.
(3)Net of tax (benefit)/expense of $1, $953 and $515 for gains/losses on investment securities, postretirement benefit plans and foreign currency translation, respectively, for the period ended June 30, 2022. Income tax effects within foreign currency translation include impacts from items such as net investment hedge transactions. Foreign cumulative translation is not adjusted for income taxes related to permanent investments in international subsidiaries.
(4)Net of tax (benefit)/expense of $0, $69 and $0 for gains/losses on investment securities, postretirement benefit plans and foreign currency translation, respectively, for the period ended June 30, 2022.