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EARNINGS PER SHARE (Tables)
 9 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
Net earnings per common share were calculated as follows:
CONSOLIDATED AMOUNTSThree Months Ended March 31Nine Months Ended March 31
2024202320242023
Net earnings$3,781 $3,424 $11,830 $11,346 
Less: Net earnings attributable to noncontrolling interests27 27 88 77 
Net earnings attributable to P&G (Diluted)3,754 3,397 11,742 11,269 
Less: Preferred dividends69 69 209 210 
Net earnings attributable to P&G available to common shareholders (Basic)$3,685 $3,328 $11,533 $11,059 
SHARES IN MILLIONS
Basic weighted average common shares outstanding2,360.5 2,359.1 2,359.5 2,370.2 
Add: Effect of dilutive securities
Convertible preferred shares (1)
73.3 76.0 73.9 76.7 
Stock options and other unvested equity awards (2)
38.1 38.1 38.4 39.1 
Diluted weighted average common shares outstanding2,472.0 2,473.2 2,471.8 2,486.0 
NET EARNINGS PER COMMON SHARE
Basic$1.56 $1.41 $4.89 $4.67 
Diluted$1.52 $1.37 $4.75 $4.53 
(1)An overview of preferred shares can be found in our Annual Report on Form 10-K for the fiscal year ended June 30, 2023.
(2)Excludes approximately 6 million and 21 million for the three months ended March 31, 2024 and 2023, respectively, and 6 million and 20 million for the nine months ended March 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.