v3.5.0.2
EARNINGS PER SHARE (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended 12 Months Ended
Jun. 30, 2016
 [5]
Mar. 31, 2016
 [5]
Dec. 31, 2015
 [5]
Sep. 30, 2015
 [5]
Jun. 30, 2015
 [5]
Mar. 31, 2015
 [5]
Dec. 31, 2014
 [5]
Sep. 30, 2014
 [5]
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2014
Net Earnings                 $ 10,604 $ 7,144 $ 11,785
Net Earnings Attributable to Noncontrolling Interest                 (96) (108) (142)
Net Income (Loss) Attributable to Parent, Diluted                 10,508 7,036 11,643
Dividends, Preferred Stock                 255 259 253
Net Income (Loss) Available to Common Stockholders, Basic                 $ 10,253 $ 6,777 $ 11,390
Weighted Average Number of Shares Outstanding, Basic                 2,698.9 2,711.7 2,719.8
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock [1]                 103.9 108.6 112.3
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements [2]                 41.6 63.3 72.6
Weighted Average Number of Shares Outstanding, Diluted                 2,844.4 2,883.6 2,904.7
Earnings Per Share, Basic [3],[4]                 $ 3.80 $ 2.50 $ 4.19
Earnings Per Share, Diluted $ 0.69 $ 0.97 $ 1.12 $ 0.91 $ 0.18 $ 0.75 $ 0.82 $ 0.69 $ 3.69 [3],[4],[5] $ 2.44 [3],[4],[5] $ 4.01 [3],[4]
Continuing Operations                      
Net Earnings                 $ 10,027 $ 8,287 $ 10,658
Net Earnings Attributable to Noncontrolling Interest                 (96) (98) (120)
Net Income (Loss) Attributable to Parent, Diluted                 9,931 8,189 10,538
Dividends, Preferred Stock                 255 259 253
Net Income (Loss) Available to Common Stockholders, Basic                 $ 9,676 $ 7,930 $ 10,285
Weighted Average Number of Shares Outstanding, Basic                 2,698.9 2,711.7 2,719.8
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock [1]                 103.9 108.6 112.3
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements [2]                 41.6 63.3 72.6
Weighted Average Number of Shares Outstanding, Diluted                 2,844.4 2,883.6 2,904.7
Earnings Per Share, Basic [4]                 $ 3.59 $ 2.92 $ 3.78
Earnings Per Share, Diluted [4]                 $ 3.49 $ 2.84 $ 3.63
Discontinued Operations                      
Net Earnings                 $ 577 $ (1,143) $ 1,127
Net Earnings Attributable to Noncontrolling Interest                 0 (10) (22)
Net Income (Loss) Attributable to Parent, Diluted                 577 (1,153) 1,105
Dividends, Preferred Stock                 0 0 0
Net Income (Loss) Available to Common Stockholders, Basic                 $ 577 $ (1,153) $ 1,105
Weighted Average Number of Shares Outstanding, Basic                 2,698.9 2,711.7 2,719.8
Incremental Common Shares Attributable to Dilutive Effect of Conversion of Preferred Stock [1]                 103.9 108.6 112.3
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements [2]                 41.6 63.3 72.6
Weighted Average Number of Shares Outstanding, Diluted                 2,844.4 2,883.6 2,904.7
Earnings Per Share, Basic [4]                 $ 0.21 $ (0.42) $ 0.41
Earnings Per Share, Diluted [4]                 $ 0.20 $ (0.40) $ 0.38
[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] Outstanding stock options of approximately 55 million in 2016, 8 million in 2015 and 9 million in 2014 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).
[3] Basic net earnings per common share and Diluted net earnings per common share are calculated on Net earnings attributable to Procter & Gamble.
[4] Basic net earnings per common share and Diluted net earnings per common share are calculated on Net earnings/(loss) attributable to Procter & Gamble.
[5] Diluted net earnings per share is calculated on Net earnings attributable to Procter & Gamble.