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Earnings Per Share (Tables)
 6 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
Net earnings per common share were calculated as follows:
CONSOLIDATED AMOUNTSThree Months Ended December 31Six Months Ended December 31
2024202320242023
Net earnings$4,659 $3,493 $8,646 $8,049 
Less: Net earnings attributable to noncontrolling interests29 25 56 60 
Net earnings attributable to P&G4,630 3,468 8,589 7,988 
Less: Preferred dividends72 70 144 140 
Net earnings attributable to P&G available to common shareholders (Basic)$4,558 $3,398 $8,445 $7,849 
SHARES IN MILLIONS
Basic weighted average common shares outstanding2,351.9 2,358.0 2,354.1 2,359.0 
Add effect of dilutive securities:
Convertible preferred shares (1)
71.3 73.9 71.6 74.3 
Stock options and other unvested equity awards (2)
34.9 36.4 36.4 38.5 
Diluted weighted average common shares outstanding2,458.1 2,468.4 2,462.1 2,471.8 
NET EARNINGS PER COMMON SHARE
Basic$1.94 $1.44 $3.59 $3.33 
Diluted$1.88 $1.40 $3.49 $3.23 
(1)An overview of preferred shares can be found in our Annual Report on Form 10-K for the fiscal year ended June 30, 2024.
(2)Excludes approximately 8 million and 9 million for the three months ended December 31, 2024 and 2023 respectively, and 4 million and 5 million for the six months ended December 31, 2024 and 2023 respectively, of weighted average stock options outstanding because the exercise price of these options was greater than their average market value or their effect was antidilutive.