v3.25.2
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
 12 Months Ended
Jun. 30, 2025
Equity [Abstract]  
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)
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, 2023, NET OF TAX$13 $67 $(12,300)$(12,220)
Other comprehensive income/(loss), before tax:
OCI before reclassifications(4)823 (376)443 
Amounts reclassified to the Consolidated Statement of Earnings— (47)216 169 
Total other comprehensive income/(loss), before tax(4)776 (160)612 
Tax effect1 (230)(66)(295)
Total other comprehensive income/(loss), net of tax(3)546 (226)317 
Less: OCI attributable to non-controlling interests, net of tax— — (3)(3)
BALANCE AT JUNE 30, 2024, NET OF TAX10 613 (12,522)(11,900)
Other comprehensive income/(loss), before tax:
OCI before reclassifications(1)(1,717)(51)(1,769)
Amounts reclassified to the Consolidated Statement of Earnings— (81)752 671 
Total other comprehensive income/(loss), before tax(1)(1,798)701 (1,098)
Tax effect1 407 442 850 
Total other comprehensive income/(loss), net of tax— (1,390)1,143 (248)
Less: OCI attributable to non-controlling interests, net of tax— — (4)(4)
BALANCE AT JUNE 30, 2025, NET OF TAX$9 $(777)$(11,375)$(12,143)
Foreign currency translation includes financial statement translation and changes in fair value of net investment hedges (see Note 9).
The below provides additional details on amounts reclassified from AOCI into the Consolidated Statement of Earnings:
•Postretirement benefit plan amounts are reclassified from AOCI into Other non-operating income, net and included in the computation of net periodic postretirement costs/(credit) (see Note 8).
•Foreign currency translation amounts are reclassified from AOCI into Other non-operating income, net, upon the substantial liquidation of foreign operations. These accumulated foreign currency translation losses include non-cash charges due to the substantial liquidation of operations in certain Enterprise markets, including Argentina in 2025 and Nigeria in 2024 (see Note 3).